GBPUSD Gonna ShortTechnically, GU create a hidden bearish divergence in 4h time frame; From last short Its a clear Pullback to 1.211xx-1.214xx; than a big short loading to 1.191xx-1.182xx
Gbpusdtrade
What's Up.. Or Down With GBPUSDHey Guys,
So we looked over various currency pairs awaiting the fall upon changed sentiment. Economic fears for GBP are having a greater effect and pulling the price of the pair down significantly. This is what happens after a sustained period of upmove.
So now you must ask where shall I take this long. You must also be out your short side trades for gains.
Lets go over it now.
GBPUSD : The edge 9.5 Let's keep it simple and understandable.
2007-2020 lower high descending trend-line which was broken to up-trend Mid 2020.
Currently between 1.198-1.2250 is the retest range of this breakout and up-trend support.
The bounce from the retest may take GBPUSD to 1.2680 quickly on it's route back to the weekly trend breakout.
At the same time, we have a high potential bullish reverse head and shoulder that is forming around the retest area as a second shoulder.
The Dollar is stretching around extreme overbought conditions and historical horizontal level of resistance.
This is in line with the retest which is currently ongoing.
Make informed decisions trading and always consider the bigger picture.
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GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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.
GBPUSD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on GBPUSD .
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking only for shorts. I expect price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.22000.
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GBPUSD-Hello my fellow traders, hope you all are learning and earning, here is another big move setup from my side. GBPUSD dropped from our targeted zone like our AUDUSD setup, this mainly due to DXY being bullish and we are expecting DXY to continue bullish trend for next few weeks.
-However, the economic data that were released today these news released came negative for USD though in my opinion price mitigated the last structure.
What you all think?
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GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD Trading Plan - 2/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect GBPUSD to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBP/USD Short Trade Opportunity - TP: 1.22000, SL: 1.24100The GBP/USD pair has been on a bearish trend and I see a short trade opportunity at the current level of 1.23129. Our target profit is set at 1.22000 and our stop loss at 1.24100. This trade is based on technical analysis and market sentiment. Join me as I execute this trade and follow along for updates. Happy trading!
GBPUSD - Still bearish ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Here I still expect bearish price action as we are now in a bearish orderblock and price formed a normal bearish divergence, so I expect to reject from that zone + institutional big figure 1.24000.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
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Beautiful Levels on GUI'm bullish on GU. This coming week with Non Farm Payroll, be patient. Wait for confirmation. Buy the dips and take profit at reasonable levels. Don't try to hold right through. The main move comes eventually. Manage your risk when it comes to your capital.
Two possible scenarios on GBPUSD Hey traders, here is the analysis for the GBPUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
GBP/USD :: The price is rising .GBP/USD ::
The price will return to the support lines, but then it will move towards a bigger target near the top of the channel .
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GBPUSD Trading Plan - 24/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect GBPUSD to go Up from these levels.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
