GBPUSD STILL UNDER SELL ZONEAs i am watching this pair is still testing the strong resistance zone and unable to break so we still thinking
for a retrace till design levels if this pair make a break to up side then the trading setup will not be valid
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Gbpusdsignals
GBPUSD, Breaking OUT...?As salam alaikum
Critical Zone
1.375 seems to be M,W,D rejection point.
Still trapped in Rising Wedge but on verge
of breaking out.
but another Falling Wedge can also be seen
on lower TF.
Monthly candle has closed and it's strong
"Hanging Man CandleStick".
Indicating a reversal.
GU will be Bullish once 1.36-7 zone breaks
above and holds for another week atleast.
Else we can see another strong dip aiming
Dollar Strength.
GBPUSD SELL ON RETRACE As i can see this pair is fail to break last high and rejecting from resistance zone
so we expect it retrace till trend line as $ showing us some recovery mode
so w are selling this pair with a Small risk and looking for higher rewards
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GBPUSD BUYING FROM KEY LEVELSAS I CAN SEE THIS PAIR has break a daily & weekly strong resistance zone and now it tun in to support
so we are buying gbpusd on dips from our buying zone and till that we are selling for retrace short term as we can see $ getting some strength
after this pair reach @ buying zone we expect the DXY fall so it can be another significant entry for buying
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GBPUSD | PERSPECTIVE FOR THE NEW WEEKPrice moved 130pips in our direction before rejecting our previous key level ($1.28700) followed by an engulfing Bullish run in the later part of the week to negate previous bias (see link below for detailed reference purposes). Following the EU Summit on Thursday and Friday (a critical moment to reach a Brexit deal ), the Pound turned around during the week to show signs of strength as both Brexit talks and the US fiscal stimulus situation incited a dominating trend for the Cable, with high tendency of pushing the pair higher in the following week(s) as selloffs continue for the Greenback.
Tendency: Uptrend (Bullish)
Structure: Reversal pattern (Inverse Head and Shoulder)| Breakout expectations
Observation: i. Since the fall of price action from the beginning of the month, price found a reversal structure with bullish momentum accumulating to fulfill neckline Breakout.
ii. Key level @ $1.30000 remains a major Resistance with a strong indication that it will be broken and retested to make a new Support in the coming week.
iii. Our Inverse H & S structure points at a completion of a full trend reversal pattern with engulfing candle Breaking out of Neckline in the latter part of last week.
iv. Looking forward to Neckline Breakout and Retest.
Trading plan: BUY confirmation with a minimum potential profit of 500 pips.
Risk/Reward: 1:3
Potential Duration: 5 to 12 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
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GBPUSD BUYING FROM A STRONG KEYZONEAs i am watching this chart GBPUSD break a strong resistance zone and fundamentally post Brexit deal done
which is showing strength in GBP against $ so we are buying this pair from support zone and looking for some bigger rewards against small risk
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GBPUSD | perspective for the new weekPrice broke out of Key level @ $1.32850 to negate my previous speculation (see link below for reference purposes) to find new highs. The GBPUSD had a negative start to the trading session on Friday, doing a correction into the $1.34800 level. I am seeing this level as a temporary Demand zone that might be a good sign that an uptrend continuation is in the air!
Tendency: Uptrend ( Bullish )
Structure: Breakout | Supply & Demand
Observation: i. Breakout of $1.34500 on Wednesday followed by a retest of this level points at a rally in the following week(s).
ii. As my expectations of a rally grows, patience is hereby required at this juncture as it is possible that price is still going through a corrective phase which might settle further into major Demand level @ $1.33500/1.33000.
iii. In this regard, the Bullish trendline shall be my yardstick for entry in the coming week as a Breakdown of this line shall put all buying intentions on hold for an appropriate window to go long.
Trading plan: BUY confirmation with a minimum potential profit of 300 pips.
Risk/Reward : 1:5
Potential Duration: 2 to 7 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPUSD BUY ON DIPS !!!As we can see this pair had a successful breakout on daily based resistance which now hold as a support
as we had predict in our previous analysis which is on weekly based now we are buying this pair from key level support
with small risk and looking for higher rewards Traders dont forget the Brexit Deal is still holding for a hope
if this support zone is most import idea to trade GBPUSD it will be highly violent pair incoming day so use proper money managment
and if it hold above the support zone then it can pay us great rewards
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GBPUSD | Perspective for the new weekWith over 500pips in our direction since my last publication (see link below) on this pair; The British pound has gotten hit pretty hard during the last couple of weeks after an optimistic rise topped $1.35400 early in the month.
With the growing fears that Brexit talks could collapse, I am anticipating the risk of decline in price in the coming week(s).
Tendency: Downtrend ( Bearish )
Structure: Reversal pattern | Breakdown | Supply & Demand
Observation: i. The last couple of weeks witnessed a price going through Lower Lows which culminated in a Breakdown of Neckline @ $1.32850 last week.
ii. The Breakdown/Breakout of Key level @ $1.32850 has served as a determinant of the prevailing direction of price action since on the 10th of Nov. 2020.
iii. I have noticed that for every Breakdown/Breakout of this level in the past saw price maintained above/below Key level for a couple of weeks.
iv. Looking forward to a possible correction into Key level in the coming week.
Trading plan: SELL confirmation with a minimum potential profit of 250 pips.
Risk/Reward: 1:4
Potential Duration: 2 to 5 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GbpUsd LongD1 = looking for retracement (SELL)
H4 = reentry position (BUY)
H1 = Setting up for sell (SELL)
M15 = Waiting for setup
main indicator is in H4 . we waiting for good opportunity to make reentry BUY . i'll wait for price to enter white lines in order to make a setup for BUY if no setup in the upper white horizontal line, i'll wait for 2nd and 3rd .
GBPUSD SELL AFTER BREAK OUT 300+ PIPS IN 4H TF !!!now this pair is trading above a support level and we expected a strong $ and a bearish market against $
as soon it will break the current channel and support line we will enter to sell this pair on dip without any
emotions with a low risk and aiming for higher rewards
friend it will a help to me that you
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GBPUSD READY TO DROP AGAIN TO NEW LOWS !!!as we see brexit talks in move and pound is in a big selling pressure with no deal
and against pound if we see $ DXY it is moving to upward and looking for more up moves
so we are selling this pair with a low risk and higher rewards friend we appreciate ur
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