GBP/USD Full Technical Analysis (High to Low TFs)

31 Eki 2023

Hey Traders,

GBPUSD has fallen consistently for a very long period of time.

As of late, we have seen a choppy market needing direction.

Here's my take.

31 Eki 2023

Not

Light shorts.

1 Kas 2023

Not

Bias unchanged. Lock in profits.

2 Kas 2023

Not

Very light longs OK to take.

2 Kas 2023

Not

Exit longs for gains. Light shorts on impulse.

3 Kas 2023

Not

Re short 1224

3 Kas 2023

Not

Further DCAs at Early Resistance.

6 Kas 2023

Not

still 100 pips higher for new shorts. Spread out.

8 Kas 2023

Not

Light longs.

8 Kas 2023

Not

Holding longs.

9 Kas 2023

Not

Maintaining long bias alike other USD pairs.

10 Kas 2023

Not

No new entries until much lower (if we get there)

14 Kas 2023

Not

Light shorts.

12 Ara 2023

Not

Continued bias^ out of former for gains.

20 Ara 2023

Not

Inflation data big beat. Long.

23 Ara 2023

Not

Short over christmas (exit longs)^

26 Oca 2024

Not

Out shorts. Light intraday longs appropriate again.

1 Şub 2024

Not

Re longs at current PA level / Support.