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Gbpusdbuy

MAJOR Pair Trade - GBPUSD - MondayFREE ANALYSIS ON GBPUSD Welcome to SiriusTrading (managed by Segunby), Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :) 1 HOUR GBPUSD is making a pull back to the previous support level now turned resistance. Things to consider: 1. 20 day MA and 100 day MA crossing over so some move to the upside possible 2. MACD is now in the overbought region 3. Price could test the 1.219 region, watch the point for sell. 4. Stoch RSI now crossing over to the downside. Wait for break in trend line for sell down. OVERALL expecting More downward move on this pair. to the next psychology level of 1.2050 and 1.2000 Wait for break in trend line for sell down.
Short
by SiriusTrading
GBPUSD Setting up for a big bounce...We have lots of factors going on here, after a rally in one direction (down) especially a sharp one like we've seen this week we would expect a return rally... Confluence of support and weekly trend line makes this a great area for a trade, we have divergence on the RSI and increased volume through the ATR... I've taken one risky trade as it gave me a 10:1 which I'm happy to take after a good week, I've also takena more conservative trade set up as a stop order buy... You may want to wait for a green candle confirmation with an open and close above, bullish pinbar or engulfing pattern to occur and there's potential for a double bottom here too... I'm only interested in buy trades, would only look for a sell if we break and close below support and trend line then come back up to retest support turned resistance... Side note, if we see a false break here then close back above support this trade will absolutely FLY!
Long
by chris_ford
#GBPUSD, A tremendous opportunityAlthough the gbpusd in a declining/crash trend but the following signs cannot be ignored: The GBP USD comes to serious support, there are two options - the pound will break the support and fall louder, the pound will rise again and change his trend, anyway as soon as a currency meets serious support there is a Reaction to the opposite side. The pound is at its historical low against the dollar (If you do not consider the low of 2017). Target: 1.2380
Long
by xosignals
FREE ANALYSIS ON GBPUSD - about to break upFREE ANALYSIS ON #GBPUSD Welcome to SiriusTrading (managed by Segunby), Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :) - 15 Min Price currently ranging withing the MA's. Tested Trend line and going back down. Waiting for price to break previous top for buy confirmation. 1 HOUR Price tested the 100WMA and trend line and it was rejected. Bearish outlook with price below all MA's. 4 HOUR Price still bearish. waiting for trend line break for buy signal. OVERALL Bearish Outlook but we should see a bullish correction - Thanks for reading See previous analysis Please share your thoughts and views on my analysis and don't forget to like it and share with others.
Long
by SiriusTrading