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
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GREAT ATTENTION:
*This information is not a Financial Advice.
Gbpusdsignal
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.
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.
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 ...it rejected and went up more than we anticipated last week ... we anticipated 120 pips and went up almost 200 but it remained below the strategic area of 1.40!
a monthly close below 1. 40 will make me share the idea and keep looking for SELL until the 1.33700 area and a close above 1.4 will open the range area and will force this area for a while ..
THIS WEEK...as 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
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
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 ...GU has started the massive decline and has already made 400 of the 700-1000 pips we anticipate!
even if it will still range in this area or will go up a maximum of 100-120 pips ... my next target is 1.36700 and after ... 1.33800 from where I will reanalyze
THIS WEEK...it rejected and went up more than we anticipated last week ... we anticipated 120 pips and went up almost 200 but it remained below the strategic area of 1.40!
a monthly close below 1.40 will make me share the idea and keep looking for SELL until the 1.33700 area and a close above 1.4 will open the range area and will force this area for a while ..
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
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 ...as I said last week UG started the descent but has not yet left the critical area! I will wait until the beginning of the week to see if Friday's massive withdrawal was just the NFP effect or will it continue to climb ... but for now I will start looking for SELL for 700-1000 pips as I said!
However ... a close even for 1 day over 42300 will force me to think of BUY another 100-150 pips and then ... DOWN AGAIN
THIS WEEK...GU has started the massive decline and has already made 400 of the 700-1000 pips we anticipate!
even if it will still range in this area or will go up a maximum of 100-120 pips ... my next target is 1.36700 and after ... 1.33800 from where I will reanalyze
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
GBPUSD FUTURE OPPORTUNITIESHello Traders,
In the above analysis: I'm showing the both scenario may happen on GBPUSD pair with the help of simple SUPPORT/RESISTANCE.
Where,
GBPUSD is on a sideways from last 15 day at range of 1.42340 to 1.40990. So the analysis says: if it'll break this resistance(1.42340) then we will see a new high on GBPUSD after 3 years of downtrend or if it fail to break resistance & came below support (1.40990) then next target will be 1.40290.
You can use this analysis on intraday & swing both. Use proper risk management if enter.
Best of Luck
Happy trading