Gbpusdanalysis
GBPUSDDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
I said in the last weeks ...s you can see, the W pattern for a week is almost perfectly respected and GU has already reached level 1 that I proposed last week!
from here ... I expect a rejection and a small retracement move and after ... DOWN AGAIN to target 2
...even if it will remain in the range in this area because the volume in the market is extremely low in August ... my target for the next period remains the 1.35 area, continuing the idea I promoted in the last weeks
...GU went down and is fast approaching the 2nd target from 1.35 making the 700 pips that I have predicted since May
THIS WEEK...this week I will draw a parallel between the 1 week chart and the 1 month chart because the month has just ended and I would like to know what to expect ...
just like EURUSD, GU reached target 2 and made the 700 pips that I have been talking about in the last months and now it is time to do a new analysis ...
In the next period I think it will play more on economic factors taking into account the economic crisis in the UK but in the long run ... I think GU will start a new rise of 200-300 pips even if it can, it will test the 1.34500 area again
GU closed above the extremely strong 1.34500 area formed in the last 5 years and on the 1 month chart it rejected from the Fibonacci 0.5 area
but I repeat ... pay close attention to the economic news in the UK because the decline could be wider ... 200-250 pips and from there UP again to 1.37
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*This information is not a Financial Advice.
GBPUSD HOURLY CHART ANALYSIS LOOK at the marked chart you will find the demand and supply zone . I'm lokking for e sell trade at the price point of near about 1.4000. BUY SIDE VIEW WILL AFTER PRICE SUSTAIN OVER 1.4200. If any rejection noticed at those marked level then sell side view is strong . .
BEST THING IN MARKET YOU SHOULD NEVER ASSUME ANYTHING
So look out for your level and execute as per your analysis .
Hope this helps your trade to execute in coeerct direction .
Important Zone GBPUSDVery important Zone for GBP/USD ,
{ if H4 broke the R Zone (purple rectangle) it may go up to reach 1.38
if stay under the zone, downward trend may continue to reach 1.36 }
----> in my opinion, Based on EURGBP chart (which EUR is going stronger than GBP in an upward trend) and GBPJPY (which is in a downtrend) price in GBPUSD will fall.
TRADE WITH YOUR WISDOM
GBPUSDDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
I said in the last weeks ...s you can see, the W pattern for a week is almost perfectly respected and GU has already reached level 1 that I proposed last week!
from here ... I expect a rejection and a small retracement move and after ... DOWN AGAIN to target 2
...even if it will remain in the range in this area because the volume in the market is extremely low in August ... my target for the next period remains the 1.35 area, continuing the idea I promoted in the last weeks
THIS WEEK...GU went down and is fast approaching the 2nd target from 1.35 making the 700 pips that I have predicted since May
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
gbpaud sell setup foundHey guys for GBP AUD market forecast, as we can see the market was in control with the buyers from the previous one to two days now the market has started to come into the favour of sellers as we can see the live price action candles as a shooting stars and we can also see the lots of weeks which are showing the market that the market is now into the control of sellers so here we can think for GPU AUD for good cell setups so in my view GP AUD live forex signals this is the best time to sell GBPAUD with 1:1 and 1:2 risk and reward ratio
GBPUSDDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
I said in the last weeks ...s you can see, the W pattern for a week is almost perfectly respected and GU has already reached level 1 that I proposed last week!
from here ... I expect a rejection and a small retracement move and after ... DOWN AGAIN to target 2
THIS WEEK...even if it will remain in the range in this area because the volume in the market is extremely low in August ... my target for the next period remains the 1.35 area, continuing the idea I promoted in the last weeks
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.