gbpusd continue upside move wait for aproch level then sellGBPUSD WEEKLY CONTINUE BUY WAIT FOR BIG SELL
Gbpusdforecast
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.25983
TP: 1.29565
SL: 1.23128
Bias: Long
For this instrument we have studied the technical and fundamental aspects relating to this pair. Our study proves that we must stay bullish to follow the trend.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.27337
TP: 1.24278
SL: 1.29122
Bias: Short
For this instrument we can explicitly say that the trend is bearish as we do not see any short time recovery from the current situation. GBPUSD is under bearish pressure and it will continue as a lack of necessary stimulant to fight the dollar back.
GBPUSD : Current Situation & Technical , Fundamental View- It is not possible to find any important ECONOMIC INDICATOR for GBP in ECONOMIC CALENDAR today. 3 important DATA for USD to be released today in the NEWYORK SESSION. CORE DURABLE GOODS ORDER REPORTS, DURABLE GOODS ODER REPORTS, CONSUMER CONFIDENCE REPORTS will be released.
- DXY is currently at 101.91 LEVEL. Above the DXY 100 is a very good STRONG condition. Also the GBP FEATURE stays at 1.2812 LEVEL. GBPUSD PRICE has gone below DYNAMIC S / R LEVELS. Maybe DYNAMIC S / R LEVELS can be UP before moving further. Then most of the time the PRICE can be sold in the form of STRUCTURE.
- Currently the SENTIMENT of the OVERALL MARKET is NEUTRAL. But it's too heavy for RISK ON status. Also the EQUITIES are turning a bit GREEN. VIX INDEXES UP UP. Also COMMODITIES now shows a UP SIDE BIAS. Currently the market has NEUTRAL BIAS. But due to EQUITIES UP, COMMODITIES UP the MARKET RISK is ON. This MARKET CONDITION status has managed to DOWN CURRENCIES AUD, NZD, GBP.
- GBPUSD PRICE can be UP to 1.2910 LEVEL before DOWN. Then you can DOWN to 1.2558 LEVEL. According to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. Then GBPUSD UP can be to 1.3192 LEVEL.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.27396
TP: 1.25053
SL: 1.28890
Bias: Short
For GBPUSD we are bearish in bias and we anticipate a short opportunity because of strong dollar. The strength of dollar is driving GBP down, so we have to look for a bearish opportunity from the current price context.
GBPUSD seems BearishAs we all knows that on Friday GBP fell badly and I believe its journey will continue to the next coming week. Better to look sell opportunity on it if Monday candle shows bearish trend.
GBPUSD | Good Sell Opportunity.When it comes to the technical analysis of GBPUSD , you might get an impulse to the downside. Based on my technical analysis , there aren't many supports till the Target 1. So you may use this as a sell opportunity. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area; which used to be a support area . And also don't forget to place the stop just above the entry area.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EURUSD and GBPUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.30881
TP: 1.28951
SL: 1.31964
Bias: Short
For GBPUSD our analysis shows a bearish pressure and a probable short opportunity. The goal is to follow the current trend and manage the trades according to the trend direction.
GBPUSD Potentially BullishOnly take trade if it aligns with your analysis, do your due diligence. This is not a trade advice. This is only for educational purposes
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GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.30142
TP: 1.28293
SL: 1.31450
Bias: Short
We are bearish for this instrument. Our technical analysis for this pair insinuates a massive selling pressure if the current stagnation prevails for next few weeks. For the time being, we are bearish.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.30441
TP: 1.28750
SL: 1.31709
Bias: Short
We are looking for a short opportunity in GBPUSD. As we see the price pattern of GBPUSD is clearly showing a bearish bias all along. There does not exist any hope now for a strong bullish opportunity. So we vote for a sell opportunity.
GBPUSD possible sell zone!!GBPUSD has already created a false breakout to the daily trend and close back below. in the new trading week, it is highly likely that it will test the weekly confluence zone will continue to fall downwards in the direction of the major trend.
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GBPUSD , Starting a New H4 Structure
1. H4 Structure has changed to Bullish.
2. Waiting for retracement H4 OB
3. In lower Timeframes ( M15) we confirm the Buy Idea.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.30659
TP: 1.28853
SL: 1.31994
Bias: Short
For GBPUSD we think it bearish. Considering the recent momentum and volatility we do not see any strong hope of going upward , so our bias is short and we are looking for a sell opportunity.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.31368
TP: 1.29635
SL: 1.32414
Bias: Short
For this pair our major bias is short. We do not anticipate any long move from the current price context. So we are looking for a sell opportunity.
GBPUSD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.30213
TP: 1.28489
SL: 1.31363
Bias: Short
For GBPUSD we are expecting a bearish move and our goal is to go short. Current price pattern and the volatility structure shows a bearish outlook.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.30204
TP: 1.28111
SL: 1.31582
Bias: Short
For GBPUSD our overall bias is short and we are planning for a sell opportunity. As we see it is not going to beat dollar ,so the outcome is negative or bearish for the pound for the time being.
GOLD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.30415
TP: 1.28392
SL: 1.31968
Bias: Short
For this instrument our major bias is bearish as we see it always pairs with the strength of dollar. So is the case now,it has to fight the strength of the dollar for several upcoming weeks and therefore we are bearish long term for this pair.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.30504
TP: 1.28532
SL: 1.31862
Bias: Short
GBPUSD is going down as the dollar is getting stronger . There is an expectation that the traders will be able to benefit shorting the currency as it cannot stand against dollar as much as it should be able to resist. That is a big fundamental factor for a short opportunity.
GBPUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
