GBPUSD 21 Agustus 2026GBP/USDOANDA:GBPUSDpureCoconut60733Because the higher-timeframe trends on the Weekly (Magenta) charts remain exceptionally strong to the upside, our primary focus is to look only for BUY opportunities (trading in the direction of the dominant trend). Selling is strictly prohibited here because it would be trading against a very strong primary trend. Below are two entry scenarios you can use: Scenario A: Aggressive Buy (Bounce from the Green Middle BB – Currently Active) Rationale: Price has already confirmed a rejection at the Green 24 SMA (1.36329) and is holding above it. Confirmation Trigger: Monitor the 4 SMA (Red) and 8 SMA (Blue) on a lower timeframe or H1: If the 4 SMA confirms a bullish crossover above the 8 SMA, you can immediately OPEN A BUY POSITION. Available Room (Space): The nearest target is a retest of the Green Upper BB SD +1 around 1.36500–1.36550, providing approximately 15–20 pips of upside from the current market price. Protection Level (Stop Loss): Place a tight Stop Loss below the bounce point (below the Green 24 SMA), at 1.36290 (plus the spread + 1 pip). Scenario B: Conservative Buy (Wait at the Green Lower BB SD -1) Rationale: If the rally in Scenario A fails and price weakens again below the Green 24 SMA, it is highly likely to seek the lower boundary of the daily normal distribution at the Green Lower BB SD -1 (1.36218). Confirmation Trigger: Patiently wait for price to decline toward the 1.36218 area. Do not buy immediately. Wait for a candle to close with a lower wick (rejection) in that area. Then wait until the 4 SMA turns upward or crosses above the 8 SMA. EXECUTION: OPEN A BUY POSITION. Protection Level (Stop Loss): Place the Stop Loss a few pips below the lower boundary of the static purple box (around 1.36050) to provide a very tight but sufficient safety buffer against market noise Take Profit (TP): TP1: 1.36329 (Green Middle BB / 24 SMA). Once this level is reached, immediately move the Stop Loss to Break Even +1 pip (Lock Profit). TP2: 1.36550 (Green Upper BB SD +1).