Gbpusdsell
gbpusd shortgbpusd in bearish wedge i see it going down.... it would go deep drilling usd once it breaks the lower line of the wedge and bounce from outside of the lower wedge. but i prefer closing sells if it bounce back from the lower wedge line. you can add sells from the top if it goes back up in the wedge and you can also add sells outside the lowerbottome of the wedge.good luck. the market is a killer please take trade at your own risk. market making moves on smaller tfs so i recommend keeping an eye on them
GBPUSD congratulations on our previous sellcheck our last analysis on gbpusd i tagged below comment session we foretasted sell ans it sold right now we wait for candle formation to sell or buy buy i will update you guys follow me for more update
GBPUSD#3--->Time to sell:£ / $
#Technical_analysis and #Orders
Good day, dear # investors and colleagues #traders!
Your attention a technical analysis of the currency pair #Gbpusd:
#Comment_to_past_week:
The foggy Albion currency corrected to lower expectations of a weakening monetary policy by #Bank of England. In one of the interviews, the new chairman of the Central Bank of England # Andrew # Bailey said that it was necessary to wait until there was more clarity regarding the economic blow from the outbreak of the virus.
However, at the moment, market participants are all assuming that the incoming statistics will convince the Central Bank to act at the next meeting, which will be held on March 26.
At the end of the week, the pound grew by 223 points (+ 1.75%).
#Technical analysis:
Globally (D1):
Globally, the currency pair has returned to the downward channel.
The upper border of which is at around 1.3120-1.3140.
Locally (H1-H4):
The asset moved into a vertical trend, which is usually followed by consolidation. The pair is approaching the level of 1.3060-1.3080 which will be able to adjust the price down.
By tradition, we call the weekly support and resistance zones:
A) Support: 1.2944 & 1.2837
B) Resistance: 1.3151, 1.3258 & 1.3466
#Orders_and_position:
- Leading indicators: demonstrate entry into the potential sales area.
- Price behavior indicators: show the way out of the normal movement, which proves that the current trend is redundant.
- Trend indicators: show a trend up.
- Fundamental analysis:
In the direction of the pound, the main role will be played not by macro data, but by negotiations between Britain and the EU and the meeting of the Bank of England on March 26. Given the recent comments from politicians, it is extremely difficult to say that they are close to a compromise.
Even more this fact is confirmed by the fact that the first round which ended on Thursday led to 0 result. The parties did not move a dead point even an inch.
#Deal: Potential sales.
Given all of the above, our fund will seek to open short positions in the currency pair near resistance levels, before which there will be stabilization of indicators and normalization of price behavior.
We will open positions with a short stop and a long take profit.
Potential sales areas for us:
1) 1.3050
2) 1.3120
But in case the price starts to return earlier than these levels, it will be interesting for us to open positions below.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
GBPUSD - The risk of decline is near (09/03/2020)I expect the impulse to complete in the wave C-Minor and the beginning of the decline in wave C-Intermediate.
Friends, support this idea with your Like and any Comment.
Thanks.
GBPUSD Still Down and Closing Below SupportGBPUSD possibly downtrend for few days ahead and see if he can closing candle bellow support level (lower blue line).
GBPUSD SHORT TRADE OPPORTUNITY
FX:GBPUSD
GBPUSD formed a descending triangle form which gives us the idea of a price drop after retest of support which is happening right now.
Also in bigger time-frames an uptrend was break and now is finishing the retest.
GBPUSD giving us a SHORT SIGNALWe can see the value retesting a point 3 of a downtrend, in a supply and it's now starting the fall, there is a possibility that the value accumulates in this supply so wait the confirmation and take the entry.
GBPUSD SELL following our previous analysisGBPUSD SELL to next support following our previous analysis please checked below i tagged it
GBPUSD ShortGBPUSD tested the trendline, i expect GBPUSD to continue selling towards support zone price 1.26944.
GBPUSD sellPrice dipped to a new low level and appears to be trying to go back in the old range. I'm assuming that this may be a new resistance point. I've also seen that for the past several months price has been making some lower lows and lower highs.
GBPUSD LONGS GU here. Potential for a long on this pair, have a ascending trend line, ema plus a fib level which, if respected could be a good entry for a long. Be cautious with this pair as GA and GN look very weak so this may just crumble so don't put a big lot size on maybe 50% of what you would normally do just to be safe.
200 PIP GAIN 5/1 RR
Rencana Trading GBP USD MingguanGBP USD memasuki wilayah bearish yang valid menurut asumsi.
Hal ini akan mendorong GBP USD turun kembali dengan cepat menuju target wajib di 1.28000 ( paling jauh ke 1.270050 )
ENTRY setelah koreksi naik.
Sell 1.29600 Tp 1.28000
GBPUSD: D - BEARISH TP - 1.16 - 1300+ Pips #Forex @TradingViewGBPUSD: D - BEARISH TP - 1.16 - 1300+ Pips #Forex @TradingView
GBPUSD Trade #1 - Update #4
Point A: 1.337
Point B: 1.2
Point C: Entry - 1.32
Point D: TP - 1.166
SL - N / A
GBPUSD - FOREX - 18. FEB. 2020Welcome to our weekly trade setup ( GBPUSD )!
-
1 HOUR
Bullish reaction back towards our resistance
4 HOUR
Good short entries now, prices in pullback
DAILY
We need a drop shortly, taking out last short holders before dropping.
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FOREX SETUP
SELL GBPUSD
ENTRY LEVEL @ 1.30220
SL @ 1.30860
TP @ 1.28940
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
