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Gbpusdshortsetup

GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2700 LEVEL. Before that, you can SELL at 1.1837 LEVEL. So go for GBPUSD LONG ENTRIES.
by benny_marshall
GBPUSD Short RecapIdentified an opportunity during London Session. Price was looking to take out an old high Identified the legs of an ABC structure As it did we looked for a creation of structure before the liquidity grab Moved to 15 Min After the Liquidity grab, we looked for price to break past the creation of structure for a market structure shift MSS or CHoCH Moved to 5 Min to ID FVG Wait for price to enter FVG and set SL above recent High Set TP at or near point B of wave Targeting 1:2.5 RR risking 1(or 2) percent of account Emotion: Groggy as I randomly woke up between 1:30-2 am ID Session Time and likely pair Confident in what looked to be forming Surprised that I woke up to what looks to be a perfect set up Frustrated due to sleep time, and inability to understand/read to FXBook calculator Trade MGMT: Entered minutes later than expected due to calculator difficulties Added the wrong lot size by a few as I was unfamiliar with mobile MT5 Created feelings of FOMO that I was missing money or wouldn't get an accurate reading with what looked to be a perfect setup Finally figured out the correct lot size and that I added 1.00 lot initially, and only needed .13 more to risk the %1/2 intended Was tired and didn't remember if I risked 1 or 2 percent Added and additional .13 position far past the initial trade, Looked at the additional .13 as a scale in opportunity, which is something I'd like to be apart of my overall plan
Short
by KennedyW12
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary GBP/USD TREND ANALYSIS We have 1 Uptrend in green color (Long Term) We have 1 Downtrend in red color (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White Levels are stop ;osses or levels that were respected from the past. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
by husseindergham
GBP/USD Short Position ScalpHello Traders Last week, USD got gains with NFP and unemployment results. Also, sentiment around the USD is still bullish so we believe USD is shining even more in the following weeks. So here is why we are bearish on GBP/USD: 1- RSI and Stochastic are declining (4hr TF). 2- Price made a lower high in lower TFs. 3- Also a small Cup and Handle pattern has been broken, indicating reversing in momentum. 4- Macro momentum is still bearish. 5- No local higher high indicates that bearish momentum will continue. Targets have been shown in the chart. If you like it then Support us by Like, Following and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
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by FortunaInvestments
GBPUSD: Cable woes continue?!GBPUSD Intraday - We look to Sell at 1.1820 (stop at 1.1900) Buying pressure from 1.1621 resulted in prices rejecting the dip. Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. The trend of lower highs is located at 1.1901. Preferred trade is to sell into rallies. Our profit targets will be 1.1600 and 1.1500 Resistance: 1.1840 / 1.2015 / 1.2155 Support: 1.1500 / 1.1330 / 1.1000 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
1
GBPUSD sell watch as buyers struggle to hold a minor rally. Thanks for stopping by TradingView community. Today’s video update is on the GBPUSD as plenty of signs continue to tell us that price continues to sit in a downtrend. (last weeks LL after new LHs) At this point, we’re waiting for new evidence that Friday’s close lower could be a new extension lower. First, we could see today’s rally fail and break Friday’s low setting of a potential sell signal. If we see a small higher close today, we would then look to see if tomorrow’s action can break that low, signalling a potential new sell signal. If we see a rally today and price closes above 1.2355 we would start to question seller strength on the short term. UK inflation is hinted at possibly reaching double digits, and it currently sits in the 9% range, but fortunes still look to be driven by the USD. Despite a rally after the UK raised rates last week, we still saw declines on Friday after the USD rallied. We hope everyone had a pleasant weekend and good trading.
Short
by Eightcap
GBPUSD | Good Sell Opportunity.When it comes to the technical analysis of GBPUSD , you might get an impulse to the downside. Based on my technical analysis , there aren't many supports till the Target 1. So you may use this as a sell opportunity. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area; which used to be a support area . And also don't forget to place the stop just above the entry area. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. If you find this technical analysis useful, please like & share our ideas with the community. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by maxprofwizard
4