GBP/USD

[History Repeats]

too strong for short. stop too tight

 

[Dutchy3]

too strong for short. stop too tight

for sure, way to cute

 

[Athar dewidar]

GBP / USD Technical Studies , forex GBP / USD Technical analysis from gold pattern
The GBPUSD is testing a short term resistance area if the pair stabilizes
Above the 1.3300 level, the GBP / USD is expected to rise to the 1.3370 level
In the case of the appear of reversal candles, such as
the shooting star candle pattern , bearish englfing pattern
Or other Japanese reversal candle patterns
The pair is expected to fall towards the 1.3200 level
The GBPUSD formed the zigzag AB = CD when it rose
From the 1.3066 level, which is a sign of a possible decline for the GBP
Today's technical summary for the GBP and the currency analysis

It is preferable to wait for the GBPUSD to sell if it closes on
the hour frame near the 1.3250 level

 

[Athar dewidar]

GBP USD signals and technical analysis
The GBP / USD pair fell today
As noted in the previous GBP usd technical analysis from Gold Pattern
The pair reached the medium term support level near 1.3050
At the same level, GBPUSD is testing the medium term uptrend line for the third time
The GBP USD chart also showed a large or expanded triangle pattern and the pair is testing
The lower descending line of the triangle for the third time near the support level 1.3050 which is considered Opportunity to buy as the technical analysis of the GBP usd
The pair also formed the bearish AB = CD pattern, which started
From the level of 1.3337 on the thirteenth of last October
All these indicators or price patterns suggest buying opportunities
Pound Sterling against the US Dollar on the Forex Exchange
Summary of the daily technical analysis of currencies and GBP
But so far the pair has not seen any significant rise above the support level
And therefore can buy now or wait to buy if the price close the pair near
the level of 1.3100 on the clock
GBP USD
buy @ 1.3050
tp1 @ 1.3120
tp2 @ 1.3150
sl @ 1.3010

 

[willoneau]

Like to continue this thread as I am trading currency cfd's on the GBDUSD.

 

[willoneau]

My take on it at moment ,
daily bouncing off support at 1.28-1.265 with now resistance at 1.31-1.30,
my out looks this week is a continuation down and breaking through the support.
But and there is always a but when speculating, if it continues up this week a breaks above 1.32, then i expect it to go up to next resistance at 1.37

 

[willoneau]

One thing which is interesting if you read the post from exactly one year ago you can see we are at the same prices ,interesting.

 

[willoneau]

Which to me increases the strength of the resistance or at least supports it.

 

[Cam019]

Long GBPUSD @ 1.2806. Target area is 1.30000. R:R = 5.88:1

 

[Cam019]

Short GBP/USD @ 1.3422. Targeting a 4:1 R/R.

 

[willoneau]

Hi Cam019 , Tuesday was a good and very bad day for me. But had made me reflect more on what I am doing and how I need to get more control of me.

 

[Student of Gann]

Major Low indicated for 30th August.

 

[e_abrams]

Do you think it will climb back to 1.3750 anytime soon?