ANALYSIS OF GBPUSD CONTINUATION OF UPTREND POSSIBILITYHigher timeframe analysis for the next bullish move on GBPUSD. Will further analyze when price reaches my 38.2% Fib point, but this is what I have in mind as of now.
Gu
Buy Limit GU- We had weak momentum to the downside creating descending channels breaking the lows and retracing showing price does not want to continue to the downside
- At the bottom we got another channel with a smaller descending channel showing more weakness
- we get a strong push that breaks through the channel with little to no wicks
Entry: 1.38240
Stop: 1.37990
25 pips
GU short setupThis maybe only setup of GU this week. I haven't made any trades after like 3 loses in a row.
I believe it still downtrend to key level 1.3620 in D1.
Possible trade on highlighted zoneWe could have a possible push to the upside on the 1.37372 - 1.37204 zone.
GBPUSD Sell follow upIf you like this post and my other posts please give them a like as it lets me know how useful these are for everyone
WE ARE GOING LONG FOR GBPUSD THIS MONTH,,GBPUSD LONGWe have a clear rejection on the fib retracement level suggesting that we could try to reach on the previous highs.
GBPUSD ShortHello traders,
i see a possible opertunity on GU for a short position , i am going to let the price action do the work and see how the pair is going to react on 1.37785 level. i am expecting to get another touch on the bearish trendline , as the price has rejected also the specific level 3 times already... waiting for the confirmation.
GBPUSDIf the weekly candle opens and breaks above then I expect the price to drop down further and then monthly to do it continuation to the downside. That is my view as of now
If weekly candles do a pullback to gather more volume then meaning it could move higher.
Week34-Th-GU Second potential entry on GU pair this week.
We can either chose first setup-High R:R (short SL-> easy to stop out) or second setup-Low R:R (long SL->more secure)
GU longwww.tradingview.com
1.3710 is strong key level. Can see Dark-Cloud Cover candle pattern in M15.
GBPUSD - SHORT POSITION (4HR)ACTIVE
- SL at breakeven
- Partial profits taken
- Downtrend
- Significant rejection candle at area of interest
- Short term trade
GBPUSD - Bullish Price Action, Buy OpportunityGBPUSD is developing a bullish flag on the 1H and 4H timeframes.
With EURUSD going up to retest previous months high after touching monthly support last week, GBPUSD is highly likely to go up.
The fundamentals also support a GBP bullish bias with recent hawkish tones coming from the BoE.
Price target of 1.40 area is realistic for GBPUSD.
GBPUSD Short for 80+ PipsWhat's up traders! I've been watching and trading GBPUSD this past week with 3 successful trades clearing 150+ pips. We've been trading in a channel and we have once again reached the top of the channel so we will be looking for more shorts for this upcoming week. Here is what I'm currently looking at on the 1H for GU. Looking to see some price action to single the sale on Sunday evening or Monday morning. If we do see enough singles to signal a trade we will take the short for roughly 80 pips. This is not confirmed yet by any means! This is just something I will be looking for to set up.
GU SELL market execution
beautiful trade for GU. Great S/R. Fake out with bearish englufing into small candles. Great confirmation for sell. 80% sure.
GBPUSD Trading Plan - 11/Aug/2021Hello Traders,
Hope you all are doing good!!
I expect GU to go up after correction.
Look for BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GU 🏆💥Head and shoulders has formed.GBUSD is about to complete a head and shoulders pattern.
Who sees it!?? Comment down below.
#LETSGO! Secure that bag!💰💰💰😜💥🙌
GBP/USD – Week 32 – Expecting a bullish move.The Bank of England has kept monetary policy unchanged as expected but a less hawkish tone than expected has left the Pound lacking a meaningful bounce.
Last week, as we pointed out in our previous analysis the pair continued the bearish correction from the resistance level.
In the coming week, we expect a bullish move to start from the support area that we highlighted on the chart. Our first target will be a break of the resistance level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
GBPUSDFinal chart from me, I realize I also said this a couple days ago lol, but I cant resist, a tight stop set up in GU with targets of 1.3960, Enjoy your weekends and lets go next week for more pips. Peace.
GBPUSD NFP Buy Structure GBPUSD technical merit over powers that of EURUSD. Both bias are long in these markets, but better setup exists in GBPUSD longs.
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looking for retest of the ob to the down side Bias is from the daily with price mitigating an O.B to the downside on D1
