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Gbplong

GBPUSD looks to gain momentum to the upsideThe pair retested on out of the three levels that we marked out for as areas of value for the institutions on the upside. We think the bottom is in for the pair as there are little to no downside levels to exploit and the path of least resistance to stop loss hunt seems to be to the upside. BULL CASE We expect price to test the 1.385 level before finding more momentum to the upside. The immediate resistance level to test is the 1.4 levels. BEAR CASE The downside should be fairly capped for this pair. If price falls immediately next week, we should find some support at the 1.37 to 1.385 levels before finding its way to the upside.
Long
by IkanBilisCapital
gbpusdgbpusd filled with succes these supply demand zones as i shared 2 weeks before, right now we have a doubble bottom formed that mean price failed to create a new lower low. in my opinion price is turning bullish and price should retest this year top high that was in february , to go buy in this scenario is to buy at fibbonacci retracement levels. Also who likes scalping can take good profits from selling because right now price is on a strong resistance zone. structure is over extended so we can see a retracement .
by enkeledb17
GBPUSD - LONG ENTRY PRICE - 1.37050There was a reaction in the demand zone. I expect the development of the impulse to the North. GBPUSD - LONG ENTRY PRICE - 1.37050 SL - 1.36660 TP - 1.38200 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never over-leverage your account. 4. Accept your losses, move on to the next trade and trust the software. 5. Make realistic goals that can be achieved within reason. 6. Always trade with money you can afford to lose. Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments. Have a nice day!
Long
by Profit_Trader
Gbpjpy long trade.In this analysis I am looking to go and retest the larger timeframe analysis level found at the price of 155 which so happens to be a very strong psychological level that may take a while to break through but should be the first indication to head up and retest prices we have not seen be tested in a very long time on the Gbpjpy. i have bought the break of the resistance level so I understand that the price could fake out and or that it will come back down to retest as the new support level.
Long
by FFF_Trader
GBPNZD long swing trade 3:3.34 RR high probability tradeConfluences: -Price just broke out of the 4H consolidation area -Personally now I'll wait for price to come back to retest the consolidation area -For an aggressive entry: I'll put a buy limit at the top of the consolidation area -For a safer entry: I'll put a buy stop when I see signs of rejection and continuation to the upside Additionally the weekly closed very bullish, and the consolidation happened at a quarter level, giving me a high conviction on this trade. However there is always the risk of a fake breakout so be wary. What do you guys think?
Long
by Fed02
GBPUSD - Long on a Short Term Movement? Hi, If you are looking on 4H Chart, there is a trendline which has been breached which is signaling a downtrend. Lets look at the smaller timeframe where we can decide on our next move. I am going to the 15M chart to find another downtrend channel that could contribute to a further downfall of the GBPUSD. Note that if the channel breached the upper channel, there is a potential of reversal on the move. However, also note that the channel can be tested, pull back and trend continues. I am going to be neutral on the long-term movement, but Long on the short-term movement. Happy Trading!
Long
by TheWallPipsJournal
2
> GBP/CHF Breakout high GBP Strength across the board SELL CHF <We have been only trading on the long side of GBP across several of the majors during the past few weeks and have had some of easiest timed trades focusing in one direction. A lot of money is lost by traders trying to trade both long and short especially within the same timeframe chart. A lot of the feedback we get from traders is how to identify the best pairs to trade, there is so many ways to identify the very strongest VS the weakest Currencies at any moment in time. Our Currency Heat Map is just one of the ways we are able to filter for the best currencies to pair up and trade. GBPCHF has been fairly predictable and easy to trade the past few weeks with GBP remaining in the top of the table and CHF consistently near the bottom. Price action has been very clean too. Although original stop loss being tagged by just a few pips on the 11th another very easy opportunity was given to us to renter on the 12/02/2021
Long
by seekingpips
GBPTHB Long term.Hi everyone, looking at GBPTHB, we may see that GBP formed nice candle patter to the upside, also it's at 16 years low from where we should see a pullback at least to 50 fib. As brexit, covid drives markets, loots of people will seek holidays in warm countries once allowed, and as Thailand is beloved by Brits, we may see a skyrocket in the price of thb. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
Long
by Coder775
1