GBPUSD SELL 4% running!GU Sell! PA Hit my price of interest and ticked all my boxes for my high probability trade set up to execute the trade. Partials are taken and i will let the rest play out! IM in Au short too! same set up .
Gu
GBPUSD Inverted H&SGU seems to be forming an inverted head and shoulders pattern - Im in off break and retest of the neckline and will look to scale in once zone breaks and retests. if you want to wait for more confirmation from then on then feel free but trade at your own risk.
🔰 GBP/USD - Daily Update 🔰🔻 The Pound closed bullish Candle - as the DXY moved Bearish GU took the long in yesterday trading
🔹 Below 1.3900 Price will trade lower to Our Bearish Target ( We need 1H or 4H closure below this Line to give us a confirmation to trade lower )
🔹 if we got any Bullish trading in the Dollar Index, GU will trade lower
✅ London Session will be a good opportunity to trade this pair - DXY will make GBPUSD to volatile during the session
🔔 The Dollar Index will play a significant role with this pair - if price shows Lower Low or Break of Structure to the Upside before London Session, we will trade the Pullback
🔰 GBP/USD - Best Time to trade this pair is... 🔰 We suggest you trade GU During London Session - It will give you more volatility 🔰
🔻 The Daily Candle of Pound closed Doji Candle - A breakout from here will lead the Price to our either Targets
🔹 Below 1.3900 Price will trade lower to Our Bearish Target ( We need 1H or 4H closure below this Line to give us a confirmation to trade lower )
🔹 DXY will make GBPUSD volatile if we got any bullish trading in the Dollar Index, GU will trade lower
✅ London Session will be a good opportunity to trade this pair
🔔 The Dollar Index will play a significant role with this pair - if price shows Lower Low or Break of Structure to the Upside before London Session, we will trade the Pullback
Potential trade idea for GU next weekLast week we saw continuation to the upside. Then a fakeout to break the structure to the upside which corresponded with an strong impulse to the downside.
Now, I think we may finally get the correction we have been waiting for.
What I am looking for now is a corrective structure back up to 1.408 area. Depending on price action, I will look for for this area as a potential sell zone to take the price with an impulse down to 1.38 area.
Remember, price action is key and the most important thing to follow as things can change at any moment.
Let me know your thoughts.
Trade Safe!
HEET
🔰 GBP/USD — Could shoot up before the week ends + w Pullbacks🔻 The Daily Candle of Pound closed Bullish - the Pullbacks to our mentioned Support has reached and now trading above and between 1.415 Level - A breakout from here will lead the Price to our Bullish Target
🔹 As we mentioned a slight pullback to give the Pair more liquidity to the upside has happened in Sydney Session
🔹 DXY will make GBPUSD volatile if we got any Bearishness in the Dollar - For now, we will keep eye on the Bullish movement
✅ If GBPUSD show us any breakdown below our Support we will be looking to short
🔔 The Dollar Index will play a significant role with this pair, Bearish DXY + closure above 1.4200 Level will give us a confirmation to reach our Bullish Target
🔰 GBP/USD - is going to the moon 🔰🔰 GBP/USD — Daily Outlook 🔰
🔻 The Daily Candle of Pound closed Strong Bullish as the start of the new day the liquidity has delivered our Bullish Target - A 4H closure above 1.4200 Level will push the price for our next Target ( But be aware of Pullbacks )
🔹 As it is too late for the price to close above and break our waiting level, we will face a slight pullback very soon ( In order for GBPUSD to collect more liquidity from investors if we did not face a Lower Low but respecting last OB that is shown as a line below the last HL )
🔹 Above 90.00 in DXY will make GBPUSD to pullback - Otherwise, when the DXY is trading to the downside, GBPUSD will face bullishness to reach our target
✅ If the price action shows any pullback in price, our target to BUY at 1.4150 ( Chat with our Support Team so they can help you make trades like a PRO @PipSupportbot )
🔔 The Dollar Index will impact GBPUSD price very heavily if we saw any Bearish price in the Dollar Index
Bullish Cable GU BUYS before breakout to 1.43 for the week.
OANDA:GBPUSD
no indicators no moving averages no pattern no retail
only price action and wykoff re accumulation confirmations
expect cable to breaks out resistance. expect a retest after break out for some distribution cycles before re distribution www.tradingview.com
🔰 GBP/USD — Do not miss this movement 🔰🔹 The price will face a big Resistance at 1.4100 -- We need a 4H breakout to confirm our next Resistance Zone at 1.4300
🔹 Our major Support Zone from here is 1.3900 - above 90.00 in DXY will send the Price lower
✅ The market will pull back from the 1.4100 zone very soon
🔔 Only when the Dollar Index turns Bearish GBPUSD price will have spies to create a Higher High
GU If GU respects this level as resistance then I will be looking for a reversal / sell opportunity to 1.38600.
Currently still bullish, but if I see confluence for reversal I will be shorting to previous level.
GBPUSDHappy Sunday Everyone!
This is my Long term view on this pair as we enter a new week
⚜️Wishing you all a profitable trading week⚜️
GBPUSD - LONG AND SHORT TERM OPTIONSExpecting more pound strength this week as Boris sets out the reopening plan.
Looking to trade the next impulse up, just depends on how deep the corrective phase drops.
GBPUSD IDEAHi traders,
GU had a huge run to upside very fast, buyers took control of the market.
as for now GU showed no rejection.
However wee see movement within a chanel as pointed out that has been respected many times.
before the closing of the markets on friday we got 4TH touch on the respected trendline and the pair showed a strong bearish momentum.
i am gonna wait till the market opens how its gonna react.
but most likely tha pair will reach 143 level soon to meet each weekly ressistance.
GU Short - Thoughts on this analysis pleaseAs a new trader, thought I would share this analysis to see what more experienced traders think, any tips and comments would be greatly appreciated. Thanks !
GBPUSD I moved some of the original points after the market had made its move to the upside, also added in a trendline for better analysis as well as some zones. GU has pushed to my original analysis mark on my page and has set for the short. target area is 0.389
GBP/USDI see a buy for GU because as you can see on the h4 and he there is a clear break and retest of structure and right now it is retesting and I can also see the price reached this significant structure and starting to leave it after see in the multiple doji's (indecision candles) and right after I see a bullish engulfing after the hammer candlestick pattern.
GBPUSD Possible 3 drives or H&SGU is currently at a support zone where it is failing to hold below the zone. if price breaks and continues down this will be null and void as it could for a head and shoulder pattern. However if price pushes little lower and then reverse it sill push above the previous Resistance zone look for the 3 drive pattern.
GBPUSD - THIS WEEKHere's both the short term and long term moves on GU with the expected weaker Dollar. I do think we're due a pullback the market is so hyper extended GBP vs safe havens.
Technical 4h Swing GBPUSD Short 1:9.5Expectations are a decline.
Instructions - if trade flat or has not moved in the next 24 hours, take small loss or small profit.
Trade with caution, this is not financial advice.
Entry: Market
SL: 1.39550
TP: 1.36500
