Get started

Greatbritain

Bullish GBP/USD Retraces and Creates Fantastic BUY OpportunityIn this idea I will share my technical analysis on GBP/USD and explain what the most important things are to pay attention to. Here on GBP/USD we see that overall the pair is in an uptrend, which can give us a slight bullish bias, favoring long positions over short positions. At the same time we see a small horizontal channel forming between the horizontal support and horizontal resistance. What we're looking for in trading is simply adhere to the age-old principle buy low and sell high. Based on the horizontal support and resistance we can see that the price is low right now, while getting confirmed on the support area. I suggest a long trade towards the resistance which should give you about 160 pips. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
7
BULLS GREAT BRITISH POUNDS Its no news that the GREAT BRITISH POUNDS is about to sky rocket which will give rise to the GBP pairs across boards.Here is perfect clean set up which shows vividly from the W1 that the original trend is an ascending one and moving down to the lower time frame which brings us down to pretty multiply time frame analysis we can see clearly here on H4 that their is a descending trend line which seems to be broken.If you did not catch the ride from the bottom of the bullish movement is another good opportunity to LONG the pair with a good risk to reward ratio Having that in mind we know pretty much that each time the EURGBP drops we have a rise generally on GBP pairs ......A litlle tip Let me know what you fell in the comment section and hit the follow button to get my analysis first hand as it drops
Long
by HoneypiesfxS
2
GBP/USD Continuation of Fantastic Trade on CableIn this idea I will explain how you can enter GBP/USD (Cable) with a great risk-reward trade based on the technicals of horizontal support and resistance. Whoa. We had such an amazing trade here on GBP/USD last time using these zones, let's try to do that again. First let's quickly recap our previous succesful idea: We found confirmation on the resistance, and had a beautiful short trade. Currently, we are seeing the price lowering towards the support area. You could wait for some sign of support, or enter the trade now. Since the support area is relatively small, you can enter this trade with a great risk-reward. The second important thing to note is the interesting periodicity. Every 8 days, large moves seem to happen. Basically all important pivot points are around the 8 days period and the price is approaching another 8 day mark soon. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
11