This is a recent trade on GU that i took earlier this week. This is a go to set up that ticked all of the boxes perfectly, the key takeaways from this post is about the importance of using the higher time frames to find key areas to enter from as well as key areas to set a PT at. The entry was refined on the 1min chart however the information that we gather from...
bullish flag patter n GBPUSD pair, may its done with the consolidation duration, expected it may go higher at the end of the week.
AN IDEA BY NNA TRADING AND PORTFOLIO MANAGEMENT SCALP ON THE WAY DOWN 1836 PIP TP 1-11 RISK TO REWARD
In addition to a sustained downside break of the one-month-old support line, portrayed last Friday, the weekly falling trend line also suggests a bearish bias for the GBPUSD prices ahead of the key UK annual budget announcement, up for publishing around 12:30 GMT. It should, however, be noted that British Chancellor Rishi Sunak is up for releasing the heavy...
Sell GBPUSD 1.39650-1.39700 SL 1.39840 Target - 1.39380, 1.39200 Keep Strict SL & Target
Lets see what we can squeeze out of GU long
Although 100-SMA defends cable buyers, bearish MACD and hopes of the US dollar’s further recovery, following the $1.9 trillion covid stimulus, seem to favor the GBPUSD sellers. As a result, the bears should wait for a clear downside break of 1.3915 to initial fresh selling positions. Following that, 1.3780-75 and the previous month’s low of 1.3563 will be in the...
GBPUSD FORECAST. Go to my English tradingview for more forecasts and trades taken
Hi, Everyone..! Now the Retracement of GBPUSD, Market will move to 1.40687 as long (80 Pips), then will fall 1.3775. Let's See How the market will React today. to get More Ideas please chat with us
If Anyone want account management Dm me Dont Miss the opportunity
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.4128). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Gbpusd pair is set to touch 1.59-1.60 in next 18 months time frame. SL is placed on weekly close below 1.30. Dip towards 1.38-16 is an opportunity to go long.