Monday, February 1, 2021

GBPUSD/CABLE ANALYSIS FEBRUARY 2021

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ANALYSIS 25-FEB-2021: BIGGER PICTURE


If 1.4234/1.4377 resists, we can see big fall.
Downside can be 1.4119, 1.3948, 1.3675, 1.3242, 1.2892, 1.2542, 1.2.

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ANALYSIS 27-FEB-2021

Bigger Picture:
As long as 1.4243 resists, we will see (1.3996 done), 1.3831, 1.3571, 1.3158, 1.2823, 1.2489, 1.2237.

Based on 1H chart,
RES: 1.4083/1.4181/1.4243
As long as these resistances hold, we will see 1.3901(done) -1.3864, extension 1.3831, 1.3766-1.3734.




ANALYSIS 26-FEB-2021

PRIMARY SCENARIO:
As long as 1.4243/55 resists, we will see big fall.
I am not sure, which news going to drive GU down to 1.26.
Let us wait and watch.



ANALYSIS 24-FEB-2021

As long as 1.4377 resists, we can see 1.4000, 1.3573, 1.3158...

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ANALYSIS 14-FEB-2021

STRONG RES: 1.3955.
upside extensions: 1.4023, 1.4075, 1.4168, 1.4256

ARE WE DONE?

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ANALYSIS 22-FEB-2021



ANALYSIS 18-FEB-2021





ANALYSIS 17-FEB-2021

Local bottom?


As per my expectation 1.3955 holds resistance as of now. Will it hold for some correction towards 1.35?


ANALYSIS 14-FEB-2021

STRONG RES: 1.3955.
upside extensions: 1.4023, 1.4075, 1.4168, 1.4256


ANALYSIS 12-FEB-2021

Is it going to 1.3700?



ANALYSIS 11-FEB-2021

BULL or BEAR?


ANALYSIS 10-FEB-2021

BULL or BEAR?


ANALYSIS 08-FEB-2021

RES: 1.3745/1.3761
SUP: 1.3566

PRIMARY: Downside can be: 1.3621, 1.3550-1.3504, 1.3431-1.3403
ALT: Upside can be 1.3793, 1.3864, 1.3980, 1.4050


ANALYSIS 03-FEB-2021

Resistances: 1.3710/1.3758


ANALYSIS 02-FEB-2021

GBPUSD topped out? Targets for Bulls and Bears



ANALYSIS 01-FEB-2021

CMP: 1.3741; SUP 1.3689/1.3627

As per my analysis, GBPUSD, top out is in progress.

Break of 1.3689, we can see 1.3433, 1.3375, 1.3126, 1.3015...


TRADE IDEA:

SELL LIMIT: 1.3739/1.3793.1.3858, SL 1.3857

SELL STOP: 1.3689/1.3621

NOTE: I don't have any position. View is based on my analysis for learning purpose only.

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