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Gbpusdsetup

GBPUSD | Good Sell opportunityIf you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by maxprofwizard
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.
by BloomFX_SIGNALS
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
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.
Long
by forexinworld
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.
Long
by forexinworld