Gbpusdforecast
GBPUSD forecast and idea✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
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✅ Please write any advice or suggestions.
Dear friends request any cryptocurrency pair, currencies pair for forex, and any index you want to be analyzed, and ask any questions about chart analysis.
Thanks for your attention
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.111
TP: 1.132
SL: 1.108
Bias: Long
We are bullish for this instrument as price is oscillating between two extremes, there is a possibility of moving upward.
GBPUSD sell zone on spike!!GBPUSD 4h has formed a bearish price action preparing for a drop to test the neckline of the reversal pattern. As the price is approaching a daily support zone, it is a high probability price will break the previous day's high, grab liquidity, and will continue to drop in the direction of the major trend. Upon price action confirmation, a sell trade is highly probable during the spike.
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GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.10860
TP: 1.07896
SL: 1.12855
Bias: Short
The possibility of phenomenal price swings is meagre. We do not see any significant bias in either direction but we want to exploit some sweet spots from the low volatile market conditions. Considering trend, momentum and various fundamental factors, we have decided to project the depicted projections.
GBPUSD | Perspective for the new weekThe U.S. dollar plunged as the Pound sterling graduated to near one-week highs which appears to be a result of the intervention by the Bank of England and announcing emergency bond buying. Despite a solid bearish momentum which has characterized this market since the beginning of the year, I am of the opinion that we might be witnessing a temporary bullish momentum in the new week which could turn out to be a retracement of the bearish impulse leg.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.12664
TP: 1.09349
SL: 1.15489
Bias: Short
The price movement structure of this instrument is not very strong for any sort of directional bias. The dynamics that move the market lack significantly in current price context. From our projection we have decided to use the current set up to cope with the current trend.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.13057
TP: 1.09444
SL: 1.15918
Bias: Short
Current price pattern is in a tight range and the expectancy of the directional moves is mediocre. As we see the oscillations of price from support to resistance and resistance to support is dynamically drawn towards tighter ranges which may signify lack of interest from the prospective investors interests. However, we can project our trade plan as we have depicted in the pictures.
GBPUSD is in sell zone!!GBPUSD 4H has formed a very strong bearish price after a liquidity grab from the monthly level of resistance. The market is already over-extended to the upside and as the price already grabbed liquidity, it is highly likely price will continue to drop as the long-term trend is bearish. Upon the current 4H candle close, if the price action remains bearish, we may open a short position as per the rules of our strategies.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.13709
TP: 1.17535
SL: 1.11053
Bias: Long
The study of dynamic support and resistance displays a narrow range and the price is oscillating between two extremes but the volatility factor is low. That is why we cannot expect a high potential trade from the current price context. Considering the price pattern we can expect some price move from support to resistance and resistance to support.
GBPUSD 1.1430-1500 supply zone for short smart money opened long and short positions (hedging) , 8k shorts removed by last week , due to profit taking of shorts in last week price retracing upside. its better to waif for the levels for long and shorts rather than entering roughly. 1.1430-1500 supply zone for short. stop loss might be 1.1540. target: 1.0810
GBPUSD forecast and idea update✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
------------------------------
✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed, and ask any questions about chart analysis.
Thanks for your attention
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.05663
TP: 1.02108
SL: 1.08631
Bias: Short
Today we do not see any promise of significant price movement. The current price context reveals some mediocre buying and selling opportunities across various instruments. Our goal is to go for our plotted projections while trading respective currency pairs. The most important thing is money management . If we can properly handle the position ,any bias can be turned into positive outcome. Our projection is guided by short and long term technical and fundamental analysis.
GBPUSD is preparing for another drop!!GBPUSD 4H has grabbed liquidity from 4h20EMA after a spike to the upside, and at the same time, has broken the daily high and rejected. As long-term price action is bearish, it is highly likely that the price will respect the daily high and 20EMA and finally, the price will break down to continue its downtrend.
A sell setup from the area of value shown on the chart is high probability :)