British Pound / U.S. Dollar forum
GBPUSD GBPUSD 21st December 2024 Weekly Analysis Based on Main Key Levels
Weekly Current Market Price (DCMP): 1.25679
Key Levels
Resistance (Above DCMP):
Resistance 1: 1.27486
Resistance 2: 1.27936
Resistance 3: 1.28665
Support (Below DCMP):
Support 1: 1.26080
Support 2: 1.25578
Support 3: 1.24849
📉 Swing Levels
Swing High: 1.28116
Swing Low: 1.26082
Intraday Buy Trade Setup
Entry Price: 1.25578
Stop Loss: 1.24892
Take Profit 1: 1.26080
Take Profit 2: 1.26757
Reason for Entry:
GBPUSD is near a strong support level at 1.25578, which presents a favorable opportunity for a potential upside move. The first target is 1.26080, followed by 1.26757 (Pivot). The Stop Loss is placed at 1.24892 to effectively manage risk.
Intraday Sell Trade Setup
Entry Price: 1.26080
Stop Loss: 1.26757
Take Profit 1: 1.25578
Take Profit 2: 1.24892
Reason for Entry:
GBPUSD is at Resistance 1 at 1.26080, making it a good point for entering a sell trade. The Stop Loss is set at 1.26757, with targets at 1.25578 and 1.24892.
Summary
GBPUSD is trading at 1.25679.
Resistance Levels: 1.27486, 1.27936, 1.28665
Support Levels: 1.24849, 1.25578, 1.26080
Swing High: 1.28116
Swing Low: 1.26082
Intraday Buy: Enter at 1.25578, targets 1.26080 and 1.26757.
Intraday Sell: Enter at 1.26080, targets 1.25578 and 1.24892.
GBPUSD buy now entry point 1.25861 target 1.27506
GBPUSD after a couple of great days, going short with a traling stop... small position and headed out for Christmas.
Merry Christmas all or whatever your thing maybe..... Peace and Happy Holidays to you and your family...
GBPUSD If this dont happen then uno a shift is happening or it may reverse around 1.2600
GBPUSD.P Man I'm still waiting lmao. Not sure I fancy it now, was waiting for a lil pump further to 1.257ish before shorting.
GBPUSD 
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GBPUSD we are seeing big moves now. always keep simple.
GBPUSD Friendly reminder no one is in control of the market💡