GBPUSD

Posts: 549 · #376 - May 24, 2021, 08:36:40 PM

At present the condition of the GBP / USD pair is sideway with a range between the price range of 1.416xx as the upper limit and the price range is 1.411xx as the lower limit

Posts: 634 · #377 - May 25, 2021, 09:28:00 PM

I see this time at Pair GBP / USD there will be rejection if viewed from Time Frame Daily. The possibility of prices can go down to the support area of 1,4003

Posts: 3601 · #378 - May 27, 2021, 02:22:45 AM

GBPUSD movement in yesterday's trading session failed to break resistance 1.4166 and tends to be bearish although it is seen that the movement is still in a sideways movement with a wide range, the daily timeframe candle closes with a pattern of decline again and approaches 1.4100 support.

For a rise in GBPUSD it is still possible to return to 1.4144 and 1.4175 although I think if it goes back up, it's just looking for a footing to fall deeper.

For the GBPUSD trading plan, I chose to look for a sell setup for future trades where the current price is close to 1.4100, if I can break I estimate that GBPUSD will continue its decline to the 1.4050 daily middle bolinger timeframe.

Posts: 5458 · #379 - July 07, 2021, 10:43:11 PM

currently the positive trend up is still visible on this pair gbpusd and it is appropriate that we only focus on buy only at the price of 1.1380 and look for opportunities according to the indicator you use

Posts: 365 · #380 - August 14, 2021, 10:54:36 PM

GBPUSD has the potential to move down as seen from the H1 time frame in the supply area, and CCI in the over bought area

Posts: 9575 · #381 - November 22, 2021, 02:23:06 PM

A sell order on GBPUSD touched a stop loss with a total loss of $0.07

Posts: 7 · #382 - November 26, 2021, 05:23:01 PM

based on the reference, it is very good that the potential for buyers can be seen between several points, but the weakness in the existing NFP makes GBPUSD swayed, so here we go

Posts: 6 · #383 - March 23, 2022, 01:49:10 PM

Hello everyone, Let me make an analysis for the GBPUSD pair
If the pound has broken yesterday's local high of 1.3210, then we can open long positions today after the zigzag. However, the price bounced back from the 1.32 area and possibly will decline further to the support at 1.3088.
Currently, we can see that the pair is following a zigzag pattern on the daily chart. After that, the correction is likely to continue at least to the 1.33 zone.
For now, we have a break of the ascending trend line and the support level of 1.3125. It is logical to sell the pair after the pullback if any.
There is also a possibility that the price will retreat to the 1.31 area. For the upside correction to continue, we need confirmation at the H1 chart. This means that the price should at least settle above the level of 1.3150.
If it rebounds from the support at 1.3110, the price may rise towards 1.3150-1.3160. From there, the pair may resume the downtrend towards the 1.3080 support level. This support zone is the main one for today. However, I don't expect the price to go too far to the downside. Actually, after the break of the resistance level of 1.3195, the pair has confirmed an upward correction to the descending trend. Therefore, it is better to consider buying the pair without retesting the low with the upside target at 1.3300-1.3310.

GBPUSD in Technical_1036916221