Gu
🔰 GBP/USD - Daily Outlook 🔰🔹 1.3300 - 1.3200 Zone is the next support and 1.3500 is the next major resistance
GU COMING BACK TO THE UPTRENDGBPUSD forms a H&S pattern, broke the neckline to fall towards the major uptrend.
🔰 GBP/USD - Daily Update 🔰🔔 The next support is 1.3200, and 1.3500 is the next major resistance in the Daily chart — above 1.3500 the next resistance is 1.3700
EURJPY - SELL OPPORTUNITYSELL EXECUTION of EURJPY in SELL AREA 1 / SELL AREA 2, Looking to close position in TARGET AREAS (+30 PIPS)
- TARGET AREA 1 - 30 PIPS
- TARGET AREA 2 - 50 PIPS
- TARGET AREA 3 (LONGTERM) - 140 PIPS (Price Area 125)
Trade at your risk!!!
GBPUSD: One Break Away
Same Idea, just looks like they wanted to grab some more buyers with a higher high.
Sentiment should be nearing highs considering the vaccine news. The media shepherds should start making their way over to the panic cycle which I'm predicting runs through q1 2021.
We have not yet broken trend so this is all hypothetical until price action confirms.
GU on the move after the pull back we could see the bulls take this to the monthly level which would complete the major move we set many months ago
GBPUSD will continue bearishGU will make a stophunt slightly above yesterday resistance. Approx 25 pips above highest of today Asian Session. Wait for a sell signal. Bearish engulfing pattern on M30 is a sell signal.
GBPUSD is Undecided, Probably BullishGBPUSD has been in a range since mid 2016. Therefore long-term trending strategies may not work at the moment. Also when price is at support or resistance of this range, you have to be careful with the direction of your trades. Counter swings are very powerful there. A lot of directional trades may not work. This will be so until GBPUSD breaks out of this range or leaves the extremes. It's currently at the resistance. If it does break out, there will be nice swing and position trading opportunities in the long side. It's a major resistance so I would wait for another strong bullish weekly candle to confirm a break out.
GBPUSD - PREDICTIONCould you find a more volatile pair right now between DXY and Brexit?!
I favour longs on this retest of the daily support, especially with the minor bullish trend line to consider and the fact we have a perfectly lined up fib area.
As always we prepare for buys and sells, so sells we have below the support and retesting the 61.8% fib and longer term descending channel which would give us a very tasty 1:7 which is very doable with Brexit deadline inching closer.
We will send a signal out later this week should we take entry.
GU Reversal Rising Wages Pattern With Strong Bearish DivergenceGBPUSD Gonna short! GBPUSD Reversal Rising Wages Pattern with Strong Bearish Divergence with Double top rejection.
Could This Be A Momentum Changer For GU?What's up traders,
GU has reached a strong resistance at 1.35000 which price has gotten to a few other times and immediately turned around just like this go around. Could this be the start of a downtrend for GU? I set a sell stop which has already activated, and i'm going to take profits around the consolidation structure price broke out of a few hours ago.
Leave a comment below, and like if you agree!
GBPUSD Strong Bearish DivergenceGU Gonna short Strongly
1. Rising Wedge Pattern(Gonna Reversal)
2. Strong Bearish Divergence
GBPUSD - PREDICTIONReally clear Double Top here off the Key daily resistance.
Needs to break the 4hr support in the red zone though!
Interesting to see if we break or bounce the ascending trend line with the third touch.
