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Gbpusd_forecast

GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is on the UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. - The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a DOWNSIDE BIAS in the MARKET for USD. But before that GBPUSD can SELL until 1.1910 LEVEL. Then you can BUY at 1.2901 LEVEL. So go for GBPUSD LONG ENTRIES. Be sure to pay attention to the UK GEOPOLITICAL STATUS. If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT.
by benny_marshall
BEAR MAY TAKE CONTROL FOR WHILE ON GBPUSD (11 DEC 2022)Educational Analysis says GBPUSD may go SHORT. According to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why SHORT? On the 1HR timeframe, the pair is about to reach on supply zone. After that, it may go down to 1.19212. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS HOW TO TAKE ENTRY ON THIS? I would suggest that if the price reaches the supply zone, I would put a sell limit order with a 46.7 risk-reward ratio. As the price would move down I would post a comment on new trade entries with a good risk-reward ratio. SELL LIMIT ENTRY:- 1.23366 STOP LOSS:- 1.23455 TAKE PROFIT:- 1.19212 RISK-REWARD RATIO IS 46.7.
Short
by VishalBudhrani
3
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is on the UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. - The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a DOWNSIDE BIAS in the MARKET for USD. But before that GBPUSD can SELL up to 1.2065 LEVEL. Then you can BUY at 1.2900 LEVEL. So go for GBPUSD LONG ENTRIES. Be sure to pay attention to the UK GEOPOLITICAL STATUS. If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT. gbpusd
by benny_marshall
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is on the UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. - The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a DOWNSIDE BIAS in the MARKET for USD. But before that GBPUSD can SELL until 1.1580 LEVEL. Then you can BUY at 1.2392 LEVEL. So go for GBPUSD LONG ENTRIES. Be sure to pay attention to the UK GEOPOLITICAL STATUS. If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT.
by benny_marshall
1
20 REASON FOR BUY GBPUSD🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: structural Down Monthly : structure extreamly bear but there are lot of weakness in monthly candle patterns last month is inside bar 😲insidebar😲 current forming 👎doji😲 weekly : a big Imbalance after it prices are going down and down 🥺 so the bigger picture is not clear and in bulls favor 1 Structure analysis time frame :DAILY Bullish ABCD 2 target time frame :DAILY 3 Current Move :IMPULSE 4 Entry Time Frame : H1 4.1 Entry TF Structure: BULL LOWER HIGH 4.2 entry move : IMPULSE 5 Support resistance base :H1 BULL ORDER BLOCK\ 6 FIB: WAIT TILL TRIGGER EVENT 7 candle Pattern: WAIT REVERSAL 8 Chart Pattern: CIP CHANGE IN POLARITY 9 Volume : DRIED RIGHT NOW SO REVERSAL IS EXCEPTED 10 Momentum UNCONVENTIONAL Rsi: sUPER BULLISH ZONE NEED A RANGE SHIFT CONFIRMATION 11 Volatility measure Bollinger bands: VOLATILITY DIVERGENCE 12 strength ADX: SIDEWAYS 13 Sentiment ROC: BEARISH 14 final comment : LONG AT RETRACEMENT 15 : decision : BUY 16 Entry: 1.1260 17 Stop losel: 1.1140 18 Take profit: 1.2044 19 Risk to reward Ratio: 1:7🥰 Excepted Duration : 10🥰
Long
by Optimum369
3...2...1...GO!Hey trader, I hope you're having a profitable week! As you can see the price is currently running in the mini head and shoulder patterns L1 and above the 50 and 8 MA. The pattern expects an uptrend for the L2 and L3 formations. We'll get our signal (that will lead to the rally) after the price has closed with a bullish candle above the Mini Weekly Neckline/2nd Daily Key Lvl, 50 and 8 MAs. But if it decides to bearish break and closes below the Monthly Neckline 4 and 21 MA, our bias will be rejected. With that in mind, do not take the trade because this isn't financial advice, I'm just expressing my thoughts about the current market condition. If you decide to take the trade and lose, don't blame me but yourself. That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section below, I'd love to know your thoughts. Or, if you want to see more ideas that relate to this one, simply click on the articles listed below. (specifically the recent articles on BTCUSD and EURUSD; they are behaving like this currency pair). Stay Blessed Baby, Sphatrades.
Long
by Doji-2k1
1