GBPUSD GBPUSD H1
Price is still on the downtrend on the short term, price is making lower lows and lowers highs. We can expect a correction to the 618% level, or until price is breaks short term correction.
Gu
Long GBP-USD RR ~ 1:4Hello my friends ^^
Long GBP-USD RR ~ 1:5
Target 1: at 2.0 of Fib Ext
Target 2: around 2.618 - 3.0 of Fib Ext
GBP/USD Potential buys to 1.39370Pretty simple, gu is retesting key levels and 1.39370 is a great exit price.
GBP/USD 4H short idea, gap needs to be filled.
Consistent trend playing out again. Lower highs and lower lows. Huge gap which appeared on monday open needs to be filled. My target is 1.13130. Good luck!
🔰 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.
