GBPUSD-shortGBPUSD Market has formed a double top a strong resistance level. I am looking for a god sell move in this pair.
Gbpusd_forecast
GbpUsd- 1.4 is VERY STRAONG ceilingGbpUsd failed again in its attempt to pass 1.4 zone.
Last week was closed with a nice bearish engulfing which can be a sign for a new leg down.
Rallies should be sold in my opinion and traders can target 1.37 zone support
A daily close above 1.4 would negate this scenario
GBPUSD 15MIN TIMEFRAME (BUY)We expect to buy this GBPUSD pair because of a strong support level below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely.
GBPUSD GO DOWN SELLTRADING SUGGESTION:
Now we looking to the market got breakout moment,so wait to take sell trade.GOOD LUCK
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TAKE A TRADE,SIT BACK AND RELAX
LIKE AND SHARE
Trading Idea Regarding GBPUSDInshallah, GBPUSD is First Going Up to Either Retest 200MA Resistance OR The Downtrend Line Before Coming All The Way Down
GBPUSD BearishGU create hidden bearish divergence and touch the trend line! So i anticipate GU short from this level!
GBP/USD good short position gbp usd is currently in bearish momentum
look for bearish confirmation on lower time frames and enter short with your own money management
patience is the key
GBPUSD - Imbalance FillI am looking to sell short term on GBPUSD to capture some of the imbalance from the impulsive bullish move yesterday.
I think the price will continue to create new LTF highs before bouncing from some of the order blocks marked to the downside.
GBPUSD Long into 1.38000Confluences
A. Major Key level
b. FIB 38.2% (Most likely since previous daily closure was Bullish engulfing shooting star)
-another reason why 38.2% might rejected and reverse is that there is a Liquidity in 1HTF
c. Quarter points .750 (If reversal happen @ price of 1.36750)
d. Daily engulfing shooting star
GBPUSD BullishGBPUSD create in daily Lower Low & RSI indicate Higher Low! So, its a clear strong Bullish Divergence!
1st TP 1.374xx
2nd TP 1.379xx
GBP/USD has hit a fresh five-month low as worries about the Delta covid variant rise. GBP/USD's tumble below the 1.359xx it was also exacerbated by the risk-off mood in markets, which favors a light to the safety of the US dollar. The delta strain is spreading rapidly all over the world, causing investors a rethink the economic recovery. The dollar's breather early on Wednesday and cable's inability to take advantage of it is a bearish sign. A currency pair that cannot recover is set to tumble.
Advanced vaccination campaigns in the US and especially the UK should keep hospitalizations and deaths at low levels – this wave is far less deadly than the previous ones. However, the suffering has yet to peak – it is still not the time to buy the Delta dip.
Sterling was also hit by dovish comments from Monetary Policy Committee member Jonathan Haskel, who prefers refraining from tightening. Brexit issues continue weighing on the pound. The EU and the UK remain at loggerheads around the Northern Irish protocol.
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GBPUSD - Zone RespectPrice respected the huge marked out order block from yesterday but has had trouble departing from there.
I would like to see price mitigate minor time frame imbalance before bouncing from the 5M OB marked to the upside.
If we see no rejection from that point buyers are invalid and sellers have won the battle.
GBPUSD H1 TIMEFRAME ANALYSIS (SELL)We sell this pair because of the strong resistance above. Our entry and exit levels have been shown on the chart. This is more than an institutional analysis. We know what we are doing and we do what the market is doing. Invest wisely. Wish you more success.
GBPUSD Big move aheadGbpusd is on a strong support zone and it also formed a descending channel with a 3 touch pattern and it is expected to long , wait for a continuation pattern or look for a risk entry with proper risk management
