GBPUSD Trend Analysis over H1 Chart.Overall, GBP/USD is trending upwards.
Bank of England committee member Cunliffe will be speaking later at 2215 (GMT+8). During this time, there may be volatility in GBP.
Currently, GBP/USD is testing the resistance zone of 1.36000 and the next support zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD.
Gbpusdshort
GBPUSD | The best price targets to climb📍Hello traders , GBPUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
In our count, we conclude that we are in a leading cycle, and that this cycle is probably related to a larger zigzag .
In this count, waves 1, 2 and 3 are finished and wave 4 is formed. Wave 4 is in the form of a zigzag , and from this zigzag , waves a and b are completed, and now we doubt whether wave c is complete or not.
We will have two scenarios:
Scenario 1 Completion of Wave C: If Wave C is completed, it will break the range between 1.35000 and 1.34000 upwards, confirming the start of Wave 5.
Second scenario incomplete of wave c: we assume that the count we had for wave b of this zigzag is not correct and wave b is two waves behind the current situation and these two waves are related to waves 1 and 2 of wave c.
So we conclude that waves 1, 2 and 3 are composed of wave c and now wave 4 will be formed in the sideways state.
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GBPUSD DAILY ANALYSIS 01-12-2021#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#GBPUSD daily bias looks bearish. The seller’s price of interests are 1.3328, 1.3354
The possible targets are 1.3240, 1.3190
These analysis are based on the current market swing and we update our views based on the upcoming future swings
GBPUSD WEEKLY ANALYSIS 27-11-2021SELL
#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#GBPUSD weekly bias looks bearish. The seller’s price of interests 1.3400,1.3409, 1.3437
The possible targets are 1.3308, 1.3247
These analysis are based on the current market swing and we update our views based on the upcoming future swings
[GBPUSD] LONG!! Big Move Incoming!!we are going for mark up phase as every mark down phase last for ~18-21 days are we have completed 18 days, be careful as a lot of people are watching this trend line so we might get a stophunt.
Typical accumulation phase of GPBUSD these days last of 2-3 days only so we will be getting very less time to build our position. more confluence USDJPY is going for mark down phase (level 2) which will make USD value lower, + massive divergence on 4 hours TF + GBPUSD is following this projection for a long time. Please wait for a clear W breakout and if possible let price break 1 hour 50 ema before opening any position.
Peace <3
Aditya
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 .