GBPUSD Short SignalsTime Frame: 4H
Symbol: GBPUSD
Bias: Short
We are planning a short trade for GBPUSD . The current established trend of GBPUSD is short and there is a great potential to ride it further down. As we do not see any nearest strong resistance, we are more inclined to see a new support and therefore a high probability short trade.
Gbpusdforexsignal
GBPUSD Short SignalsTime Frame: Daily
Symbol: EURUSD
Bias: Short
Cable is going down as we see a clear down trend from the dynamic resistance generated from the simple moving averages of 30,50 and 100. As we are totally biased for short, we project and plan a short trade but there is also a scope of strong very short term upward swings. As a wise trader, a proper money management is necessary to avail the opportunity if reward risk ratio is wider.
GBPUSD NeutralTime Frame: 4H
Symbol: GBPUSD
Bias: Neutral
As we see the closest pairs of GBPUSD are in neutral zone, so is the case with GBPUSD itself. The price actions and volatility in general do not implicate any strong momentum move and therefore staying away will be a good decision for the time being.
GBPUSD Long Bias May ContinueTime Frame: 4H
Symbol: GBPUSD
Bias: Long
The price action is continuing upward. We have a positive anticipation for the upward movement. If the momentum grows and push the price more upwards,it should not be taken as a surprise. We do not have granular entry point now. In our next posts,we will try to dig deeper for fresh insights.
GBPUSD Short SignalSymbol: GBPUSD
Time Frame: 4H
Bias: Short
Signal Analytics: Technocally, GBPUSD is about to going down from 1.36236 . The overall price momentum is downward and there is a hope that the pair will continue it downward move until it gets a strong buying pressure. The upper limit is set at 1.36832 and the optimum exit set at 1.35449. As a high probability set up, we expect a good number of pips from this signal.