Gbpusdlong
GBPUSD, Weekly analysis, Nov 10-13Looking bullish after the post US Election stages, this week it expects to go to the price of 1.33 area,
GBPUSD WEEKLY FORECASTGBPUSD price now in resistacne zone what we can except...
1) RED
Price can Make a little correction moves downwards upto 1.31200 and then it can move upwards
Wait for Price Confirmation @ 1.31200 and then GO LONG...
Take Profit @ 1.32600
2) BLUE
Price move to new support level Where it will meet upwards trendline @ 1.29950 - 1.300000
Wait for Price Confirmation @ 1.29950 and then G0 LONG....
Take Profit @ 1.31000
3) PINK
Price move towards a Major support zone @ 1.28580
Wait for Price Confirmation @1.28580 and then GO LONG...
Take Profit @ 1.29800
GBPUSD - On Strong Demand📈📉Zone is determined as strong , as price is now making 3rd/4time touch..wait for any candlestick confirmation and Jump in.
GBPUSD: long for corrective wave 2Analysis mentioned on the chart. As long as the support holds , the pair should move up for a corrective move as wave 2 .
GBPUSD - Beautiful Elliott Wave Cycle . . .With Detailed "Elliott Wave Study" You Can Understand All The Internal Wave Structures With High Confidence And With All The Fibonacci Relationships KRAKEN:GBPUSD .
Opportunity to long EURJPY Trading suggestion:
There is a possibility of the uptrend. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
EURJPY is in a range bound and the beginning of uptrend is expected.
The price is above the 50 & 200 EMA.
The RSI near 50.
Take Profits:
TP1= @ 123.595
SL= 122.838
Risk reward ratio = 1 : 1.23
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GBPUSD LONG TRADE SETUPThe 4-hour right side is down with a bearish sequence against the 6/10/20 highs at 1.2823 . The 1 hour is turning up against 1.2249. While a bounce fails below the 6/10/20 highs expect the pair back lower under the March lows.
Short term trade setup
Long @ 1.2380-40
TP: 1.2500
Sl: 1.2300
Good luck !
GBPUSD Buy SetupsBuying GU at market price and also looking for big pullbacks to get in on smaller timeframes (Buys)
GBPUSD WEEK ANALYSIS APR 20-24POUND AGAINST DOLLAR , shows the uptrend at starting of the week , Strong rise from the Support and 21 EMA may push the price up, looks like ready to break the 1.32 resistance line,will go up , mostly buyers participation expected in GBPUSD party
GBP/USD buy pair holds above the 1.2425The British pound is holding onto the latest positive factors towards the buck as merchants await the Financial institution of England financial coverage resolution later right this moment. Additional bullish development above the 1.2530 degrees ought to provoke a take a look at the 1.2600 degrees. A lack of the 1.2425 help area is prone to see the GBPUSD struggling a deeper pullback in the direction of the 1.2385 degrees.
The GBPUSD pair is barely bearish whereas buying and selling under the 1.2425 degree, key help stays on the 1.2385 and 1.2350 ranges.
If the GBPUSD pair holds above the 1.2425 degrees, key resistance is discovered on the 1.2530 and 1.2600 ranges.
GBPUSD Intraday expect to reach the following targetsBuy (limit) above S1=1.2035.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.2135.
TP4: R2=1.217.
Set the stoploss of these orders at breakout of S2=1.196.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.196.
In this situation, there is an expectation to reach the target S3=1.1815.
Set the stoploss of reverse orders at breakout of S1=1.2035.
GBPUSD buy : Rising Broadening WedgeThe pair has formed a rising broadening wedge pattern on daily basis, where yesterday, the prices turned from the lower trendline of the pattern, rebounding from the crucial support of 1.20200, creating a double bottom. The prices can reach the level of 1.22860 with an intermediate target at 1.21606. On the other hand, initial support lies at the 1.20200 and then at 1.91533.
