GBPUSD ANALYSIS ON H4 CHART.Overall, GBP/USD is trending downward.
The UK employment data will be released later at 1500 (GMT+8).
Average Earnings Index 3m/y (Forecast: 4.2%, Previous: 4.9%)
Claimant Count Change (Forecast: -38.6%, Previous: -49.8%)
Unemployment Rate (Forecast: 4.2%, Previous: 4.2%)
GBP/USD’s next support zone is at 1.36000 and the next resistance zone is at 1.38000.
Look for short-term selling opportunities of GBP/USD.
Gbpusdanalysis
GBPUSD Analysis over H4 Chart.Overall, GBP/USD is trending upwards. Recently, GBP/USD broke above the key level of 1.35.
UK banks will be closed today in observance of New Year’s Day. Expect lower trading volume and volatility during the usual UK market hours.
GBP/USD’s next support zone is at 1.33800 and the next resistance zone is at 1.36000.
Look for buying opportunities of GBP/USD.
GBP/USD Short Term TradeFX:GBPUSD
Hi Traders
GBP/USD has finally give some relief for buyers. Any how this is todays trading idea
We have seen an 5 waves move upward, As long as we are above invalidation line. than we are going to see some further upside
Always trade with discipline
Thanks
Manish Singh
GBP/USD Going in Buy ZoneFX:GBPUSD
Hi Traders
Today we are going to discuss about GBP/USD, As we all know that gbp is falling for almost 5 months. It made a high of 1.42504 in june and since than it has been in downward Trend.
I also made the video of it at that time.
From the looks of chart there is too much consolidations. I am sure all off you must be waiting for an fast pull back after the fall of this.
As WXY Pattern suggest price should move in upword direction without braking the invalidation level of 33500. and should move towards 1.35100 Level.
Remember traders there is also other possiblities and but we choose to trade in best possiblity zone.
Good Luck
Thanks
Wave Forecast
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
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*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.