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Gbpusdlong

GBPUSD and NZDCHF and EURUSD Technical Analysis Here on GBPUSD we have been in a Bullish channel and inside this channel it has formed a Bullish Flag. As we see on the chart the price has got rejection from two support lines of the Bullish channel and the Flag and also a very strong Support area. Buy now or Buy at 1.40767 SL @ 1.39890 TP1 @ 1.41820 TP2 @ 1.42430 TP3 @ 1.43389 here on NZDCHF on the bigger picture we see a Bullish Flag and it seems that if we get a break above the short term Resistance within the Flag the price will move higher to touch the upper band of the Flag. Here on EURUSD we also see a Bullish Flag, The price is near the Support area and the Support line of the Flag. It seems that the price can't get a way from it. If we see a good long entry in the lower time frame we can go long, however if the price ranges at this area the probability of the breaking below the Support increases.
Long
by Fibonacci-Signals
2
GBPUSD LONG SWING OPPORTUNITY GBPUSD recently broke its multiple rejection RESISTANCE at 1.4000 & drastically go up. Another side's already in an UPTREND for the last few months so, Price action analysis says it's a good time to buy/long GBPUSD as a SWING TRADE. Remember: Close 50% trade at take-profit:1 & move Stoploss at Breakeven. There is resistance at Take-profit:2 so if we use this trailing strategy then our trade will be safe TAKE 2%---5% RISK ON THIS SWING TRADE BEST OF LUCK!
Long
by Rakesh_Thakuria
3
GBPUSD - LONGDescription: After a fall the counter GBPUSD started moving upwards from 25th March and form an ascending channel. The price is still in the ascending channel and today the counter hit the bottom line of the channel at the price 1.3771. The formation of the ascending channel indicates the bullish trend of the counter and the trend is expected to continue further. The buying mode of the market may pull the price even more upwards. The stochastic indicator curves are at level 20 which gives additional support to the description. The major levels for this counter are R2 –1.3965 R1 –1.3894 PP –1.3848 S1 –1.3777 S2 –1.3731
Long
by WohlstandMarketsLimited
GBP/USD BUYS FROM A BETTER PRICE 1.38600-1.38750 OR THE 1.38300 Looking at GU we have come up to 1.42 region and have respected it quite well overall last week was bearish but the trend is still bullish on 4hr we can see no structure has been broken so I'm still looking for buys from these two areas we have to remember the overall trend is higher so looking for sells while we have been in a strong uptrend is us going against the trend and we could get stopped out at anytime Looking on lower time frames we can see we are starting to make lower lows but I just think this could be a fake move for banks to buy at a cheaper price we can normally see a decent amount of movement from Tuesday to thursday and yesterday gu didn't move that much so I expect Thursday between London and New York session we could see a move down to cover the imbalances and then shoot up BUY ZONE 1 ENTRY : 1.38750 STOP LOSS 1.38550 (20 PIPS) TAKE PROFIT 1.40 (125 PIPS) REASONS FOR BUYING AT THE PRICE 1. 88.6% 2. S2 3. Lower g1 4. no lower lows structure forming BUY ZONE 2 ENTRY: 1.38300 STOP LOSS: 1.38180(12 pips) TAKE PROFIT : 1.40 (170 pips) REASONS FOR BUYING AT THE PRICE 1.Double bottom 2. 4hr structure 3. S3 4.4hr 200 If price breaks below 1.38300 do not enter wait for price action and enter
Long
by Carlos44
3
CONTINUATION ON GU LOOKING AT BUYS FROM 1.39600 OR THE 1.39100 Looking at buying gu from a much better price like last week we predicted that price would come into the region of 1.38250-1.38300 and we was spot on once again this week I am looking for a similar setup this week I will be looking at two buy orders from 2 zones we have only been bullish so much we can only keep going up my target is 1.44 which is previous monthly highs back in 2018. There is no previous resistance between now and then so my view will be bullish until then BUY LIMIT 1 - 1.39600 region - 38.2% - S1 - A better price but not the best - intraday (Monday only) - previous structure (15min) BUY LIMIT 2 - 1.39100-1.39150 - 61.8% - S2 - The best price you can buy from (intraday) - Lower G2 - MA's looking bullish - Trend line My target for this trade is around 1.40800 lets see how this one plays out this is around +100pips plus so wait for rejection then enter these trades. No previous structure has been broken so I'm still longterm bullish
Long
by Carlos44
CONTINUATION ON GU BUY CHEAPEST PRICE LONGS FROM LOWEST PRICE POSSIBLE 1.38000-1.38250 quick overview Looking at gu we can see that we have been in a very strong uptrend as we have broken above the 1.37400 level we was ranging around that region swell for a couple days until recently we have seen a break above that previous level and now we are starting to go towards the 1.40 level which is a strong banking level we have quite a lot of imbalance in this region above so I our target will be in the 1.40 we have two entries for gu we are only looking for buys as the trend has not changed also we haven't had a deeper pullback so we are due to have one at some point I have two target areas of interest 1.38 banking level and the 1.38250 region we have some confluences in this region so we will be looking to see how it goes ENTRY 1 : 1.38250 - BUY LIMIT STOP LOSS : 1.38130 (-12 PIPS ) TAKE PROFIT : 1.40000 (+175 PIPS) RISK TO REWARD : 1;13 S2(INTRADAY)(APM MAX) EXHAUSTION TRADE 71%
Long
by Carlos44
Can GBPUSD breaks the Resistance zone @ 1.37500 , Feb 8-12Dear traders, GBPUSD pair has been trending sideways right from Jan 21 , a strong resistance zone between 1.37250 to 1.37500 area stops the bullish movement for nearly 3 weeks, This week expected to break the resistance Last week this pair seen a false breakout and went up strongly from 1.35750 area.. Hope this pair enters the next zone which could brings a bullish outlook for coming days... After a small retest expected this pair will go up.
Long
by Akfx369
2
GBPUSD - LONGDescription: The counter GBPUSD is moving upwards in the support trend line from 11th January. The counter has tested more than twice on the support trend line . The previous entry of the counter is at the price of 1.3651. Since then there is no indication for a breakout or a trend reversal. Therefore long is more preferable for this counter and the bullish trend may continue further. The upward movement of the MACD indicator curves gives additional support to the description. The major levels for this counter is R2 –1.3831 R1 –1.3783 PP –1.3696 S1 –1.3649 S2 –1.3562
Long
by WohlstandMarketsLimited