It shows an downtrend in short term trade you can sell it with strict stoploss.
GBPUSD Prediction for the Day to where this could go up or down according to chart trend line and indicators. Good Luck guys. I suggest to all buyers to hold your position and money management is important.
wait for the trendline breakout in upside direction then you can buy it.
gbpusd is creating inverse head and shoulder pattern in daily time frame zone buy gbpusd @ 1.37450 Sl @ 1.35500 Tp @ 1.40000
this time gu tuched 2 channels upper posion(retraced)i think its better posion to enter
GU still in short. till the strong support level. then maybe go up.
Now you can see that falling wedge get break and resistance too become support from here you can buy it with small stoploss.
Soft weekly analysis for the week to come. GBP has very clean market structure Breakout or breakdown
this is my small analaisys anyone keepit GBPUSD please takeit anyone for GBPUSD
gbpusd short sell till target This is market analysis and is directly related to current market conditions. This trade setup sell an attempt to predict future price movement.
Message me to learn 1 to 1! GBPUSD 15M TF GBPUSD is back on a old support a bounce back is expected as it is consolidating once again! There is a bullish MACD crossover as well thus a entry can be taken once some upwards momentum is seen! Keep at SL at previous low and TGT at previous high! RR-4 Possible Pips-0.006
Targeting a long term buy trade on GU. Trade fails on price breaking below 1.3810.
GBPUSD fails to cheer upbeat UK GDP figures as market plays await fresh clues to confirm the Fed tapering chatters. Even so, the cable keeps the previous day’s rebound from 21-DMA amid firmer RSI, suggesting further recovery towards the 1.3900 round figure. However, a convergence of 21-DMA and a downward sloping trend line from June 11, around 1.3925-30, becomes...
There are two possibilities on GU. Still it runs on downtrend line. If it breaks, then look for Long. If it run between the downtrend line, then look for shorts.
Shorting the GBPUSD according to pitchfork and Heikin Ashi.
waiting for the breakouts to happen chances of short position soon
GBPUSD Long Position Setup 1HR Timeframe Wait for retest position then enter long position