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Gbpusd_forecast

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
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary GBP/USD TREND ANALYSIS We have 2 Uptrend in green color (LONG TERM AND INTERNAL TRENDS) We have 1 Downtrend in red color (LONG TERM) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). Yellow Levels are levels from my past ideas published or levels that were respected from the past. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
by husseindergham
GBP/USD Long Entry UpdateHey Guys! I'm still waiting for a pullback to 1.3313 and perhaps even further with the stop loss at 1.3163 and the main target at 1.3748 for a Long Entry. On the last post I mentioned that if price reaches the 4h trendline break back in pivot low, I can expect some short strength. However, at the next pivot low a " 1M v-shape recovery" formed and price regained its long strength. I'll publish again when the next possible set up that shows short strength appears. Lets see what happens! Fingers crossed! Have a great day! Ken Disclaimer: This is not Personal Financial Advice.
Long
by TradingForexPriceAction