GBP USDIn 4H chart and Daily chart, price is making inverted H&S pattern. Use proper risk management. Thank you Longby joelkurien0
GBP USDIn 4H chart and Daily chart, price is making inverted H&S pattern. Use proper risk management. Thank youLongby joelkurien0
GBPUSD DAILY TECHNICAL ANALYSIS Trading Ideas- Short positions below 1.2354 with targets at 1.1756 & 1.1434 Alternative scenario If price sustain above 1.2354 look for 1.2666 & 1.2816 as targets. Supports and Resistances 1.1756 & 1.1434 1.2666 & 1.2816Shortby iigfm210
GBPUSD DAILY TECHNICAL ANALYSIS Trading Ideas- Short positions below 1.2356 with targets at 1.1756 & 1.1434 Alternative scenario If price sustain above 1.2356 look for 1.2666 & 1.2816 as targets. Supports and Resistances 1.1756 & 1.1434 1.2666 & 1.2816Shortby iigfm210
#GBPUSD it's possible to buy#GBPUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance area waiting for retracement 1st support: 1.13724 Next Zone area & horizontal swing Low support 1st Resistance 1.24353. Zone area & horizontal swing high resistanceLongby Skandhatrade0
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 ✅Longby okako_trading0
GBPUSD bulls step back from key resistance ahead of UK GDPGBPUSD retreats from the 11-week-old descending trend line as the traders await the first readings of the Q2 2022 UK GDP. In addition to the trend line hurdle, the 38.2% Fibonacci retracement of the March-July downside, near 1.2345, guards the pair’s immediate upside. Following that, the 100-DMA hurdle surrounding 1.2435 will be in focus. In a case where the quote remains strong past 1.2435, the odds of witnessing a run-up towards May’s peak of 1.2665 can’t be ruled out. On the contrary, GBPUSD sellers can aim for the 21-DMA support near 1.2075 during further weakness. It’s worth noting, however, that the quote’s downside beneath 1.2075 will have the two-month-old resistance-turned-support line, around 1.1955, as the last defense for buyers. In a case where the quote remains weak past 1.1955, the odds of its south-run towards the yearly low near 1.1860 can’t be ruled out. Overall, GBPUSD bulls are in the driver’s seat ahead of the key UK GDP data. It should be observed that the British economy is likely to witness recession and hence positive surprise will be welcomed with zeal considering the pre-data bullish bias. Editors' picksby MTradingGlobal3352
Gbpusd makes higher high pattern trendLook this chart..its follows higher high pattern ..looking for uptrend Longby ConsistencyFastlane1
GBPUSDGBPUSD- descending triangle pattern formed. Once it breaks the Triangle. It may retest and move towards the target marked. Disc- Only for Learning Purpose, Not a trading RecommendationLongby Prabu_ShaUpdated 6
GBP/USD FX:GBPUSD Hi Everyone Sorry for absence for so long. Actually i was busy in forex trading and working on something so it took some time in doing experimenting. But will make some time on daily basis and try to help you as much as i can with my charts. This is an chart of British pound/ US Dollar. As you can see GBP/USD is falling for sometime now or you can say its almost an complete year. I will say this has complete its wave 1 and currently price is in wave 2. So you can expect some range bound in it or bounce back in form of correction for 2...3 months. It will form an ABC structure as per our Long Term Degree and currently we are in wave-LC1. Lets see what happen. See the below chart to understand how our degree cycles work. Longby Neowave-forecast5
short GUGU has a trend break and its in down trending channel. Personally, i don't believe that this chanel is going to break. Shortby akakhashUpdated 110
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 ✅Shortby okako_trading0
GBPUSD ALSO BEARFISH ON DAILY CHART.As you can see on the daily chart GBPUSD is struggling at this point and also it is showing a bearish price action. as you can see gbpusd has already touched the upper trendline of descending channel pattern. Now I see that it can continue its long-term trend which is to sell. remember, this is a daily chart and higher timeframe is more infective than a lower timeframe. so design your trade accordingly. hope you guys enjoyed my analysis.And one more thing don't forget to follow me and hit the like. thank you, guys. Shortby ForexLearningClub0
GBPUSD DAILY TECHNICAL ANALYSIS Trading Ideas- Short positions below 1.2354 with targets at 1.1753 & 1.1434 Alternative scenario If price sustain above 1.2354 look for 1.2666 & 1.2816 as targets. Supports and Resistances 1.1753 & 1.1434 1.2666 & 1.2816Shortby iigfm210
#GBPUSD it's possible to buy#GBPUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance area waiting for retracement 1st support: 1.13724 Next Zone area & horizontal swing Low support 1st Resistance 1.24353. Zone area & horizontal swing high resistanceLongby Skandhatrade1
GBPUSD Technical Analysis based .The long term trend of gbpusd is sell . And now you can see gbpusd is making channel which id showing bearish price action. And gbpusd has been touched the upper line of channel .If you want to take position gbpusd you can take with proper risk management.if you like my analysis please follow me .thanks everyone.Shortby ForexLearningClub0
#GBPUSD it's possible to buy#GBPUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance area waiting for retracement 1st support: 1.13724 Next Zone area & horizontal swing Low support 1st Resistance 1.24353. Zone area & horizontal swing high resistance Longby Skandhatrade3
GBPUSD bulls losing strength ahead of BOEGBPUSD extends early-week pullback from a 2.5-month-old resistance line around a lower line of the bullish channel connecting multiple levels marked since mid-July. Considering the recently downbeat RSI and MACD conditions, as well as the Cable pair’s U-turn from the key resistance line, the sellers are likely to defy an upward sloping trend channel by keeping reins below 1.2120 nearby support. With this, a slump to the 200-SMA level surrounding 1.2080 appears imminent. However, multiple supports around 1.2050, the 1.2000 psychological magnet and the 1.1980 levels could test the bears afterward. In a case where the quote remains bearish below 1.1980, the odds of witnessing a fresh yearly low, currently around 1.1760, can’t be ruled out. Meanwhile, recover moves need to cross the 10-week-long resistance line, at 1.2250 by the press time, to recall GBPUSD buyers. Even so, the 61.8% Fibonacci retracement of the May-July downturn and the aforementioned channel’s upper line, respectively near 1.2320 and 1.2335, could challenge the bulls. It should be observed that the pair’s upside past 1.2335 needs validation from the mid-June swing high surrounding 1.2405 before directing the north-run to 78.6% Fibonacci retracement level and May’s peak, around 1.2475 and 1.2665 in that order. To sum up, GBPUSD fades upside momentum ahead of the key Bank of England (BOE) monetary policy. The British central bank is expected to announce a 0.50% rate hike but the details surrounding the economic conditions of the UK might favor the pair sellers.by MTradingGlobal2
GBPUSD ANALYSIS Market now up trend completed to trend line support level breakout now going to short Shortby PRAKASHNEPA0
#GBPUSD it's possible to buy#GBPUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance area waiting for retracement 1st support: 1.13724 Next Zone area & horizontal swing Low support 1st Resistance 1.24353. Zone area & horizontal swing high resistance Longby Skandhatrade0
g,u for short hi im prasad supply and demand analysiser i share for you guys this very useful to you Shortby indiraprasad447
GBP/USD - SHORTThis analytics i use Trad line, multi time farm confirmation, some of news etc. Lets check it and give me a feedback into to comment bellow. Like this idea as your wish. And also make sure you have follow me because i will share money ideas regularly. thank your for giving your time.Shortby RONEY3651
#GBPUSD it's possible to buy#GBPUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance area waiting for retracement 1st support: 1.13724 Next Zone area & horizontal swing Low support 1st Resistance 1.24353. Zone area & horizontal swing high resistance Longby Skandhatrade0