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GBPUSD in Technical_6825f0acc9f09

GBPUSD

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GBPUSD

yesterday's reversal, and early fall, prices moved south, around 100 points, temporarily ending a bearish move with a hairpin, and going to consolidation. Tomorrow will be published on the pound, statistics on the consumer price index, namely inflation, which is projected to fall by 0.2%, which is not good or bad for the British currency. But the publication of interest rates by the US Federal Reserve, in any case, will cause volatility, because traders split, with expectations - almost one third, indicating that interest rates will not decrease. However, in the short term, I expect further decline to the support area at 1.2320
#181 - September 17, 2019, 03:52:30 PM
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GBPUSD TECHNICAL

the pair already shows an upward channel (blue line) at the lower border of this channel is the price. And maybe starting on Monday prices are again trying to start moving up. And if all the same it breaks down the channel? .. As before writing bearish Wolf formed in a pair. And maybe the decline has already begun on the 5th wave of Wolfe. And if, however, the price breaks the channel up and down, then for the pair you can wait for the continuation of the decline to the target to wulf to the level of 1.2249. On the 4-hour chart the indicators show a decline, which supports the pair's downward movement. Therefore, on Monday, maybe, the price will break the channel, and the pair will continue to decline
#182 - September 23, 2019, 01:01:24 PM
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Steven86

Supply Demand GbpUsd analysis


As for the pound-dollar pair, during the previous day, I was holding buy deals towards
the key resistance level of 2523. There were 20 points left for the pound to reach this
level. This is a strong level. And if today the Asian session does not mess it up and, on
the contrary, support what has been formed, the pair will test it tomorrow.

If we evaluate the situation for the present moment, the targets are still at the top.

Daily range: in the area of sales, a support zone of 2434/2413 was formed which
turned the pair around // in the area of purchases, the control resistance level of 2557 +
an additional level of 2585 for maximum growth within the day.

#183 - September 25, 2019, 07:06:21 AM
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GBPUSD in Technical_6803a6c52eb12
#184 - Today at 05:13:36 AM

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GbpUsd itself will correct its bullish trend. One confirmation is the candle that hit the h1 time frame. And for now even going up prices are still trying to ride back the resistance lever at the price of 1.2520. If the price breaks it will still discuss the next closest resistance level. But if the price declines and returns, the price will go to the support level at 1.2430.
#184 - September 25, 2019, 09:24:44 AM
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« Last Edit: September 25, 2019, 09:31:11 AM by Teka »

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GBP / USD analysis of sort terms. Make a purchase at the current price of 1.2355 because this support position is very good. And do TP in the 1.2410 area.
#185 - September 25, 2019, 02:59:17 PM
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GBP / USD has found an uptrend, and a strong support position for a while at the blue line 1.2200. 

GU will continue to rise technically and if fundamental support is also one-way then GU will be able to reach 1.2580 resistance.
For sortterm at the price of 1.2409
#186 - October 02, 2019, 07:23:20 AM
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For the pound / dollar pair, the key levels on the H1 scale are: 1.2422, 1.2395, 1.2352, 1.2318, 1.2258, 1.2228, 1.2203 and 1.2156. 
Here, the price is in the correction of the decline structure and forms a small potential for an increase on October 1. 
Short-term increase is expected to occur in the range 1.2318 - 1.2352. If the price breaks the 1.2352 level it will lead to the formation of initial conditions for the ascending cycle from 1 October. 
Here, the target is 1.2395. The range of disturbance is 1.2395 - 1.2422. 
Short-term decline is expected to occur in the range 1.2258 - 1.2228. 
The price to break the 1.2228 level will cause a continuation of the downward trend on the H1 scale. In this situation, the first target is 1.2203. 
For levels that have the potential to become a base level, we consider the level 1.2156. 
After this level is reached, the price is expected to move back up. 
The main trend is the decline structure from 20 September, the correction stage. 
Trading recommendations: 
Buy: 1.2318 Take profit: 1.2350 
Buy: 1.2353 Take profit: 1.2395 
Sell: 1.2258 Take profit: 1.2230 
Sell: 1.2226 Take profit: 1.2203
#187 - October 03, 2019, 09:45:27 AM
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analysis of the GBPUSD currency pair H4 time frame.

We see this currency pair in a sideways phase. That can be seen where prices tend to reverse direction when in a certain price range.
seen on the Bollinger Band indicator after the price reaches the indicator's top line, then the price continues the correction and currently the price is around the middle line of the Bollinger Band indicator.
Most likely the price will target the bottom line of the indicator that is in the price range of 1.2249 which I marked with a red line, and then it will bounce back up.

We can take a swing when the price is in the area of the line and wait for a valid signal to open an open position with the BUY option.
#188 - October 07, 2019, 08:32:44 AM
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For today’s trading session, the GBP/USD pair opened the week with a downward gap and successfully penetrate the daily level of support (1.2310). However, the price of the pair moved back over this level and even closed the gap. At present, the price is at the level of 1.2327. Considering that the price manages to maintain its position over the daily level of support - 1.2310, then it will possibly move upwards with targets such as 1.2353 - 1.2370 - 1.2385 - 1.2394, which is the most possible scenario. But for the less possible alternative, the price will consolidate under the level of 1.2310, and in this event, the downward direction of the price will be restricted only by either the hourly level of support (1.2294) or the daily level of support (1.2270), although this scenario is very unlikely.
#189 - October 07, 2019, 08:46:05 AM
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Anta


Let's consider the situation with the pound for today.

On Friday, there was a signal to sell, but I still see no reason to open short deals.

At the moment, there is support in the area of 1.2280-1.2300, and this is cause to go up once again.

Besides, the target, namely the 25th figure, has not been reached yet.


On the futures chart, the activity of sellers can be clearly seen in the market.



Nevertheless, the price is still moving in an upward trend.


Here we need to be very careful, since if the price stops at the level of the figure, the pair can be pulled to the bottom again.



At the same time, it can be noted from the COT reports that commercial organizations have gained short deals, while speculators have partially reduced them.




In fact, there is a sign of growth.

#190 - October 07, 2019, 01:23:27 PM
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#191 - Today at 05:13:36 AM

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GBPUSD

GBPUSD is undergoing a Bullish trend phase.
The price of 1.2438 is now above the Moving Average Daily.
We observe the GBPUSD chart currently moving from 1.22 to 1.2469,
The CCI indicator is currently above the Zero Level (154.68).
Meanwhile prices are above Parabolic SAR.
GBPUSD in the last 24 hours formed a Range of 269 pips.

From market conditions and indicators above we can BUY with a target of 1.2480.
#191 - October 10, 2019, 09:35:23 PM
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analysis of the GBPUSD currency pair D1 time frame.

Let's look at the price movement of this pair in the D1 time frame using indicators.
The current price is above the middle line of the Bollinger Band, which means that buyer pressure is stronger.
Monitored on the RSI indicator the price is now above the 50 level.
When viewed in the stochastic oscillator indicator the price is now at the level of 50 and is facing upwards which means that the price indication will continue to rise for next week.

From the above description it can be concluded that the price is currently in an uptrend / bullish trend.
The recommendation for next week is BUY.

We can place a stop loss of 1.2560x
With take profit at a price of 1.2869x
#192 - October 12, 2019, 06:11:34 AM
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Anta


GBPUSD

Time Frame D1
In the Daily timeframe technically the price has formed a momentum buy signal where the candlestick has closed above the top line of Bollinger bands and the strong bullish trend GU is also strengthened by the price that has brokenout Ema 200 (moving average in purple) So before the price continues the increase will naturally correction occurs, to place an open buy position it will try to pull the fibo on TF H4.


Time Frame H4
After prefering a bullish GU trend as seen on the daily signal, on the H4 time frame I try to pull the fibo from the low price to the high price, that is, on the candle that breaks out cb1 buy, from the results of the fibo pull, we have got directions and open positions where the price has broken fibo 161.8 then we are just waiting for the correction price towards the MA line 5 low (red) and MA 10 low (blue) as a footing of buy reentry with the target at fibo 261.8 (1.29043)
#193 - October 12, 2019, 11:23:49 AM
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Look at the map I made, the demand zones opened by green correspond to the levels 
I hope the market direction is in line with all of our trading directions. 
Greetings profit
#194 - October 14, 2019, 11:14:09 AM
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SELL GBPUSD Since it has touched the yellow MA200 and cannot pass it on TF D1, 
The GU is now at the price of 1.2650 going down to the target price at 1.2460
#195 - October 15, 2019, 02:08:07 PM
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