GBPUSD PULLBACKA good time to enter would be if the 4h chart can make a pullback to the 0.382 and the volume profiles breaker. i have an order set at 1.36
Gu
gbpusd gbpusd is bullish and looks over extended. right now price is on supply fresh zone . but price can go to retest the resistance that is a few pips above and from there we can see for sell opportunities with target this demand zone that i have marked in analys.
GBPUSD DAILY LONGSo i was going to post this yesterday but had a 24h mute -_- so couldnt show either my bitcoin trade or my gbpusd trade till today which is a shame. so mmy entry is 1.3520. and price has rejected the 0.5 fib of the major daily move from low to high and price looks to push above 1.37 especially as the dollar falls. go long stop under the wick manage your risk, look for pullback or inside bar break up
GU Break & RetestGU has formed a great break and retest struture on the H1. What for confirmation before entry on the short.
🔰 GBP/USD - Daily Update 🔰🔔 The long-term outlook for the pound is bullish this year — Our entry from last night is running 55+ Pips in profits ✅🌱
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🔰 GBP/USD - Daily Outlook 🔰🔹 If GBPUSID breaks below 1.3500 we will see a short-term bearish market — it can re-test 1.3200 In the coming Days or even Weeks
GBP / USD (CABLE) LongWXN TRADE IDEA
Buy GBP / USD @1.35500
Stop Loss: @ 1.35300
Take Profit: @ 1.36100
But we recommend that you take profit when you're happy.
Bearish depletion and a sign of bullish structure at the support created around the 1.36500 area.
Risk: 20 pips (1R)
Gain: 60 pips (3R)
Risk/Reward : 1:3
GBPUSD PREDICTIONI think we could be coming to the end of the bull run for GU with this ending Diagonal but as always we're prepped for both situations.
Also a bit of Bull Flag formed.
GBPUSD - Wipe Out ZoneLots of tension is building around this support region, which indicates to me a potential stop hunt. I would like to see a swoop below support into the order block region before upside continuation into my target level.
COT & Sentiment is pointing to the downside so I will be trading to the upside.
GBPUSD CONTINUEDSo GBPUSD is in a clear uptrend, so on a 4h pullback look to enter previously on our last two trades we have utilized the 0.618 pullback to bag lots of pips, so can we expect a third 0.618 4h pullback to enter on? time will tell, its for sure something i have my eye on, if the rally is really strong we might retrace higher up the fibs, price action or rvi indicator can help.
GBPUSD SNIPE TIMESo gbpusd is making the pullback we expected and now price has reached the 0.5 fib and my money is on this fib level or the 0.618 providing a bullish rally. Look to buy as shown.
gbpusdhas broken a major trend line the down side just waiting to see how it reacts upon retesting resistance to enter a short
SHORT idea for The Cable in short term.Actually GU has already broken one of the major resistance lines to continue bullish trend.
But I think there will be some bearish movement for short term, based on technical analysis.
However it may not be worth to risk in this situation in terms of risk reward ratio.
GBPUSD WEEKLY OUTLOOKSo the gbpusd weekly chart has broken a two year high. look to trade a big move to the upside.
GBPUSD CONTINUEDSo last week we executed two perfect trades in gbpusd for over 300 pips.now we have another pullback to the 0.618 on the 4h chart, and 1h rvi bullish crosses and this makes me believe we will see bullish continuation this week.
GBPUSD short ideaPrice is making a double top pattern on 2H/4H timeframes (also on daily but less clear).
So we have 2 bounces on 1.36 major level (good resistance area).
Price also made a lower high indicating change in market structure.
I placed a trade on the top of the lowerhigh.
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GBPUSD long ideaPrice is currently moving in an uptrend and just broke 1.35 major level.
I expect a retest of this zone which also corresponds to a dynamic support and to .382 fib level (we have also the trend line).
I placed a buy limit at 1.35150 but if it isn't triggered i will enter during a retracement of the trend.
Let's see if this new trend is respected.
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