GBPUSD_SPT trade ideas
GBPUSD Expected Move 1hr/4hrHello Traders!
1. We see GBPUSD taking curved support with all the bullish scenarios. The market has been in consolidation for a long time.
2. Most expected targets have been marked on the chart.
3. The suggestion is to keep stops tight but definitely not too tight. Do take some buffer.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
GBPUSD Didn't hit a level 3 rise.I think we must see one more push long before the short sellers take over. I'm looking for an initial drop in the London session, followed by a bull rush. I'll avoid trades unless i see a 30 pip fake drop by 8 am gmt. If the market drops passed 30 pips, or rises from the get go, ill avoid trading till I see an obvious high of the day.
GBPUSD Downtrend movement; RISK :Reward Ratio=2.9 #FOREX
#GBP #USD #GBPUSD, #NASDAQ, #CURRENCY, #CURREYPAIRS, #FOREX @GBPUSD
#GBPUSD DOWNWARD movement potential with risk: reward ratio 2.9.
SELL at 1.1985 with SL 1.2060 and Target is 1.17750
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NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
GBPUSD Downtrend movement; RISK :Reward Ratio=2.9 #FOREX#GBP #USD #GBPUSD, #NASDAQ, #CURRENCY, #CURREYPAIRS, #FOREX @GBPUSD
#GBPUSD DOWNWARD movement potential with risk: reward ratio 2.9.
SELL at 1.1985 with SL 1.2060 and Target is 1.17750
Hey Traders,
HOPE our analysis is adding value to your Stock market trading Journey.
If yes, cheer us with Thumbs up...
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
GBPUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
Smart earning IdeasHello traders GBPUSD a Buy tread setup, don,t miss this chance good opportunity for you follow me on treading view for more ideas .../// thank you
GU Breakdown AnalysisWhat's going on traders?! This is the breakdown analysis I came up with for the end of the week. Price is currently in a range so the investment strategy is neutral. However, there are still great opportunities to maximise for next week and more. Hope this analysis gives you a clear view on what to look for!
GBPUSD Buying - Big Support/Highly BullishHello traders! Today, I am sharing a trade idea for GBPUSD that could potentially result in profits. The currency pair has been forming a rising wedge pattern, indicating a bullish outlook.
My suggestion is to consider buying GBPUSD from 1.19680, with a stop loss at 1.19240. The first target is at 1.20311, which could potentially result in a profit of approximately 53 pips. The second target is at 1.20743, which could yield a profit of approximately 86 pips.
As always, it is important to consider risk management strategies and remain vigilant, as unexpected events and news could impact the markets.
In conclusion, I believe that buying GBPUSD using the rising wedge pattern could be a profitable trade idea. Thank you for following my trade idea, and I wish you all the best in your trading journey. Happy Trading!
This trade idea is for educational and informational purposes only. Trading in the financial markets involves risk, and past performance is not necessarily indicative of future results. Before placing any trades, you should carefully consider your financial situation, risk tolerance, and trading experience. Please be aware that trading in the foreign exchange market, particularly with leveraged instruments such as CFDs, involves significant risks and may not be suitable for all investors. The author shall not be liable for any losses incurred as a result of using this trade idea. Traders should always trade at their own risk and responsibility.
GU SELL Opportunity!Price seems to be losing a little volume especially in a key area of price action. Worse case scenario stop loss is spacious above resistance area to confirm price is not done going to the upside. Remember traders we can't control the market, we can control how we approach it.
GBPUSD BULLISH FOREX ANALYSIS GBPUSD Trading BULLISH Pattern, Wait For Confirmation, Can Get One-sided Rally.
GU SELLGood morning traders! Took some great losses earlier in the week, but one thing about price it will always return to the overall trend. Therefore, maximises gain from those losses by being patient, managing risk and staying alert of key areas of entry opportunities. Hope you guys capitalised on this trade but if not there's always another opportunity in the market!
GBPUSD braces for a bull run, falling wedge in focusGBPUSD holds onto the Brexit deal-inspired gains inside a one-month-old bullish chart formation called a falling wedge, following a sustained rebound from a fortnight-old descending trend line. Adding strength to the upside bias are the bullish MACD signals. However, nearly overbought RSI challenges the theoretical north-run targeting 1.2600. That said, the mid-February high and the previous monthly top, respectively around 1. 2270 and 1.2450, could test the buyers. It should be noted that the 100-SMA and aforementioned wedge’s confirmation points, respectively near 1.2060 and 1.12110, could challenge the immediate upside of the quote.
On the flip side, the 100-SMA and previous resistance line from February 14, close to 1.2060 and 1.2020 in that order, precede the 1.2000 psychological magnet to challenge the short-term pullback of the GBPUSD pair. It’s worth noting that the road past 1.2000 appears bumpy with multiple stops near 1.1940 and 1.1900. Also acting downside filters are the lows marked in January and during mid-November 2022, near 1.1840 and 1.1760 respectively.
Overall, GBPUSD is back on the bull’s radar as traders await UK PMI and BOE Governor Andrew Bailey’s speech.
GU Sell Opportunity!!!Nice break out and retest setup for the asian session. Evening star printed on previous support now as resistance. With a great 1:2 risk to reward.
GU Short Opportunity!!Price giving a deeper retracement for a possible larger profit range back to previous swing high/support. Took a great loss this morning, and now adjusting to the market while managing risk.
Gu Sell Trade!!Great setup that cannot be passed up. Remember to always set alerts to prevent hawking the market which will lead to impulsive trading or FOMO (fear of missing out). Keep risk to reward high, stop loss spacious, and take profit achievable.
GU Sell Opportunity!!Just a morning setup for you to capitalise. I'd wait it out for a bearish candlestick rejection specifically on the lower time frames for precise entry.
GBPUSD Price Forcast. GBPUSD current price is 1.1940 and possible to move the next support to 1.1851. We place a buy limit of 1.1852 and 1st target is 1.2034 and the next target is 1.2122.
Short GBPUSD !!!GBPUSD Looking bearish |
Short at CMP for Good Risk:Reward | Strong Bearish
Levels Marked on Chart ||||||
@VishwajeetSharma
