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Gbpusd_forecast

GBPUSD possible buy zone and sell zoneGBPUSD has started to move up and looks like it will test the long-term trend line and is likely to test the previous support @ 1.3440. currently, it looks like GBPUSD will rise from 1.3200 as daily candle after breaking the previous day's low, the bulls are active and the price is driving higher. If we see significant price action on the 4H, we may buy GBPUSD and may close @ 1.3440 and will sell again from the same zone after getting price action confiration. Please press the like button if you find value in this analysis.
Long
by ForexWizard01
GBP/USD Weekly Short Strength ConfirmedHey Guys! The Gbpusd Weekly chart formed a Fake Double Top last year which reached its target height level last week. Indicating strong weekly short strength at least to a monthly upward trendline at 1.2247. Considering this is on the weekly chart, a set up like this is quite rare. So although I will be trading through biases long or short like usual, I much rather have short biases form so I can trade along with this weekly short momentum. Just a heads up guys! Have a great day! Ken Disclaimer: This is not Personal Financial Advice.
Short
by TradingForexPriceAction
1
GBP/USD Long Entry UpdateHey Guys! There was no long strength kicking back in on the gbpusd, thus I did not take the long entry. Moreover, the weekly bias's main stop loss level was reached, thus the weekly bias is back to neutral. In this video I explain, the reasoning for not taking this long entry as well as why the weekly bias has changed into short. That's it! I'll keep you guys updated if there are new biases that form on the gbp/usd. Have a great day! Ken Disclaimer: This is not Personal Financial Advice.
Long
by TradingForexPriceAction
3