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Gbpusdshortsetup

GBPUSDAccording to the technical analysis of the pair: There are new attempts for the GBP/USD currency pair to exploit the decline to form a buying base to return to the path of its last ascending channel. This requires more momentum factors, otherwise the pair will be exposed to more momentum to complete the recent selling operations. Bears eyes are currently on the 1.3330 support on the daily chart to confirm the strong and continuous control. On the other hand, the 1.3600 resistance will remain the most important for the currency pair's return to its last ascending channel.
Short
by SmoothJB
GBPUSD On an important resistance areaHello dear traders, I decided to share my analysis of the GBPUSD with you... GBPUSD On an important resistance area because : 1- Daily bearish channel roof. 2- 61.8 % of descending wave! 3- Static resistant area between 1.3570 to 1.36. 4- Hidden divergence in oscillators like RSI , Momentum. 5- Fundamental reasons for strengthening the dollar like the Federal Reserve's propensity for contractionary policies. 6- You add the following reasons!! . . I'm glad to see your likes and comments. To contact me :sarikhani.finance@gmail.com . . Goodluck
Short
by sarikhanifinance
2
[TRADE IDEA] GBPUSD could get shorted from the demand zoneGot 5/5 trades right this week on GBPUSD. Going short on this pair has been a miracle this month. For today I am looking for a shorting opportunity from the that I have drawn above (Square Blue Box). With the confluence from 4H bearish move, I am confident with this trade to make 60 pips of profit while risking 20~30 pips (depending on your lot size) For this trade I am placing @1.32440 And if it triggers I will wait for the market structure to form bearish structure before placing my Goodluck
Short
by enkhtulgabatt
GBPUSD OpportunitiesSo we have a rather tall Asian range ...not particularly excited or expecting a solid break and reversal early london, might not happen until NY even. But then the levels I'm interested in above and below are the lines. Wait for break out of the range and then a reversal (M or W) at the level and then decide/find entries and execute. Big picture this is just sitting right at the middle so can be 2618 of the big M for a nice downward move Could easily be more upside movement following trend set last Friday (plus 3 strong bullish h4 candles ...more could follow) Happy trading!
by kenoyer