The GBP/USD pair continues to face downward pressure, gradually moving toward the 1.2700 level during the European sessions on Monday and Tuesday. This level has historically acted as a strong support area, with the price rebounding several times previously. Market Dynamics Sustained Downward Pressure: The GBP/USD remains under selling pressure due to...
OANDA:GBPUSD has moved more than 100+ pips down on NFP. Currently, It has been forming Higher Highs and Higher Lows of 15min TF indicating the potential correction of unsustainable new momentum. We can look for long opportunities
Hello,Traders! GBP-USD is going down In a bearish correction But will soon hit a Strong horizontal support Of 1.2683 from where A bullish rebound Is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
SELL on the theory markets ranges 70% of the time, and SELL on the theory markets retraces HALF of the previous leg 90% of the time. Entry on 1h TF is recommended. Breakdown already imminent.
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial...
SELL on the theory markets ranges 70% of the time, and SELL on the theory markets retraces HALF of the previous leg 90% of the time.
GBPUSD Analysis(15M TF) BUY/SELL SCENARIOS: 🟢BUYS: Price comes down, test and respect the 15M OB at the 1.27152 level. A Bullish CHOCH is required in order for the BUY Set up to be A+. 🔴SELLS: Price Dumps Past the 1.27061 level. If this happens with a body candle close, Sells after a Break and Retest of the Failed 15 minute OB is possible to target lower prices.
Hello,Traders! GBP-USD retested the Horizontal support of 1.2688 And we are already seeing A bullish rebound so We will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_USD is going down to retest a horizontal support of 1.268 Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 1.272 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Sell Stop due to - Bearish Divergence - trend change & breaking the previous HL
Short Term Elliott Wave in GBPUSD suggests rally from 4.22.2024 low unfolded as a 5 waves impulse Elliott Wave structure. Up from 4.22.2024 low, wave ((i)) ended at 1.2635 and pullback in wave ((ii)) ended at 1.2445. The pair extends higher again in wave ((iii)) with internal subdivision as an impulse in lesser degree. The 1-hour chart below shows the subdivision...
GBP/USD rallied early on Tuesday, briefly reaching its highest point since March 21, but gains were short-lived as sellers quickly pushed the pair down from the psychological 1.2800 level, driving it towards 1.2755. If this ceiling holds in the near term, bulls may start bailing, creating the right conditions for a move toward 1.2700. Further weakness could shift...
Hello,Traders! GBP-USD is already Making a bullish rebound From the horizontal key Level of 1.2700 which is Now a support and as The pair is trading in an Uptrend we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_USD is trading in An uptrend and the pair Made a rebound from the Horizontal support of 1.2700 So we are bullish biased And we will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
GBPUSD accelerated to the upside this past week, briefly reaching its highest level in nearly two months at one point before the weekend. If the rally continues and gains momentum in the coming sessions, resistance is likely to appear at 1.2720, the 61.8% Fibonacci retracement of the 2023 decline. Further strength could then direct focus toward the 1.2800...
GBPUSD also edged down on Thursday, but managed to stabilize around the 1.2515/1.2500 range. Bulls must strive to maintain prices above this support region to prevent sentiment towards the pound from deteriorating; otherwise, sellers could seize the opportunity to launch a bearish assault on 1.2430. On the other hand, if buyers make a new appearance and propel...
OANDA:GBPUSD ANALYSIS AND CHARTS - GBPUSD edged back into the green Tuesday - The UK’s March PMI saw upward revision, signaling the first growth in twenty months The British Pound slightly rebounded against the US Dollar on Monday due to unexpected strength in domestic manufacturing. However, the Pound remains below last week's trading range against the...
GBPUSD sold off this week, slipping below a technical floor at 1.2430 and hitting its lowest point since November. With bearish momentum prevailing, there's potential for accelerated losses in the short term, possibly prompting a revisit of 1.2320 – a major Fibonacci support level. Prices may bottom out in this area before reversing higher; but in the case of a...