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Gbpusdlong

GBPUSD - Long from discount zone ✅Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs from discount zone. My point of interest is if price makes a retracement and then rejects from bullish order block. Another confirmation from that zone is volume profile. Fundamental analysis: This week we have news on GBP. On Wednesday will be released yearly CPI and on Thursday Interest Rate. Pay attention to the results in order to validate the analysis, as these news are one of the most important. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
4
GBPUSD - the DROP, how to trade it?GBPUSD still looking BULLISH across the board however, there's an opportunity for a nice 150pips drop before the next rally to the upside. DXY is looking to have a nice bounce which means there's a possibility for SHORT on xxxUSD which is why we are looking to attack GU SHORT first before the rally. ENTRIES #1 ENTRY -: Take a SHORT at current price or wait for push up to the reaction box AND take the SHORT. #2 Entry -: Wait for the DROP and take a LONG at 800ema on D1 OR at the PREVIOUS MONTH HIGH INVALIDATION On #1 Entry, Set a 60pips Inv. On #2 Entry, exit LONGS when we fix below the BASELINE. TARGETS #1 Exit at PREVIOUS MONTH HIGH #2 Exit at MAIN PREVIOUS HIGH P.S I trade with literally zero complicated analysis and still maintain 90% HIT RATE on my LIVE TRADES and ideas.
by TheHOODofCRYPTO
GBPUSD Weekly Outlook: New perspective for the week | Follow-upDuring the latter part of the previous week, the GBPUSD price action continued its upward movement as the US Dollar faced obstacles following a less confident recovery. The release of data on Thursday, which showed a surge in the number of Americans filing new claims for unemployment benefits to the highest level in over 1½ years, prompted investors to sell off their US Dollar positions. The upcoming week will feature several significant economic events from both economies that will greatly influence the price movements of this currency pair. With indications of a weakening labor market in the U.S., the release of the latest consumer prices index for May on Tuesday will have a significant impact just before central bank officials meet to discuss interest rates. On the other hand, the Pound Sterling will also be influenced by the release of employment data for May on Tuesday. The preliminary report suggests a projected decrease of 9.6K in Claimant Count Change, contrasting with a significant increase of 46.7 K. The Unemployment Rate is expected to rise to 4.0% compared to the previous release of 3.9%. In the video, we conducted a detailed analysis of the GBPUSD's bullish and bearish sentiment, focusing on price action-based technical analysis of the Support and Resistance Levels in the 4-hour timeframe. I discussed how these levels can help identify potential trading opportunities in the upcoming week, providing insights and analysis on the GBPUSD chart. It's important to note that we highlighted a key level at 1.25900, which could play a significant role in determining the direction of price action in the coming week. Make sure to follow this channel and stay tuned to avoid missing out on updates in the comment section. Disclaimer: Trading on margin in the foreign exchange market (including commodities, CFDs, stocks, etc.) carries a high level of risk and may not be suitable for all investors. The content of this speculation (including all data) is provided by me for educational and informational purposes only to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not accept any responsibility for its accuracy. It is important that you carefully consider your investment experience, financial situation, investment objectives, and risk tolerance level, and seek advice from an independent financial advisor to assess the suitability of your situation before making any investment. I do not guarantee the accuracy of the information provided and shall not be held liable for any loss or damage that may arise directly or indirectly from the content or the receipt of any instructions or notifications related to it. Please note that past performance is not necessarily indicative of future results.
by darcsherry
10
4 Hour Analysis: GBPUSD LongsWho said your analysis has to take hours? The patience time for a setup takes hours. Your analysis should take 1 minute and less on any given currency pair you trade. Here me well, if the trade is there it’s there. If it’s not be patient to wait, away from your charts, until an opportunity presents itself. Pair: GBPUSD Strategy: TMP Timeframe: 4 hour The trade is invalid when a lower low is formed. If you like my take on GBPUSD please comment below and like my idea.
Long
by ShaquanLopez
3