Here on GBPUSD market has made some correction at level of 1.2700 and still heading up that mean it will continue to buy and targeting profit should be at 1.2800.
Here the market has made a double button at the level 1.2700 so going LONG is needed and targeting profits at level of 1.2800
This week's forecast for GBPUSD involves waiting for additional selling pressure to occur before considering buys around the two nearby demand zones I've identified (10-hour and 11-hour). Following the recent reaction from a 7-hour supply, as the price is currently descending, I am anticipating the exhaustion of selling pressure and the accumulation of...
Trading GBPUSD waves on H4 TF on Fib levels completed the first wave and retraced to more than 50% of Fib level which is the wave 2 by using Trend Fib levels it can move to 61.80% of trend fib and complete the 3rd wave and it can retrace to 38.20% for wave 4 and complete the 5th wave of 100% trend fib level zone of 1.28593 to 1.29221 Buy zone 1.26469 to...
The current bias for GBPUSD this week is interesting, particularly as it has once again broken structure to the upside, enhancing the favourability of a bullish bias. At the current price, our focus as traders should revolve around how to capitalise on this development. Notably, there are two demand zones (11-hour and 3-hour) that triggered this impulsive upward...
Dear Traders, GBPUSD expecting USD domination for sometimes until the price falls within our range where it is likely to fill the liquidity void that it had left. That area is where big buys may occur taking the price to yearly HH. This trade is swing trade so wait for the price to do its things. Expecting this setup to be activated in the beginning of the new...
GBP-USD is going down now And the pair will soon Retest a horizontal Support level of 1.254 From where I will be Expecting a local Bullish rebound !
Hello traders, we want to check the GBPUSD chart. The price is moving in an ascending channel and has pulled back to the indicated key level and has also broken the small descending channel to the upside. We expect the price to grow up to around 1.26400 and if it can break this level, the next price target will be 1.27300. Good luck.
GU exhibits an overall bearish trend on the higher time frame (HTF) but has recently shown a bullish uptrend in the past weeks. Consequently, my strategy involves seeking buying opportunities leading up to the next marked supply zone, followed by potential selling positions as the price retraces. I anticipate a potential dip, possibly reaching 50% of the 16-hour...
GBPUSD is showing a clearer picture compared to earlier, which piques my interest in engaging in pro-trend trades to sustain the upward bullish momentum. Currently, the price is in proximity to a favourable demand zone on the 3-hour chart, and I expect a bullish reaction to occur, aiming to surpass the equal lows above. My target lies close to my identified...
The previous week saw the Pound sterling reach 1.2600 zone against the US dollar, reflecting positive reactions to the S&P Global/CIPS data. Even amidst mixed economic signals from the US, including robust Services and Composite PMIs but a contracting Manufacturing PMI, the GBPUSD pair maintained its strength. In the UK, inflation has shown signs of cooling down...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
hi guys in another post now i wanna show you this idea as we see gbpusd in uptrend we see the price moving inside the price channel and the highest area in this trend was broken. We are now waiting for a correction and return to that range and take a short-term deal on the four-hour range. Be careful and wait for confirmation with a buying candle.
Do NOT fall for this trap, market has all the zones already tested. Market will reverse from the Supply zone mentioned. you can take a short from supply zone, Only go long from the designated Demand Zone/area mentioned in the chart. Happy Trading
H1 - Strong bullish momentum. Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
Investors currently believe there is a 91% likelihood the Fed will maintain current interest rates. The USD Index closed at 105,660 on the global market at 6:32 a.m. Vietnam time on November 13, down 0.02%. The US Federal Reserve (Fed) keeps its "hawkish" approach, there are no new developments in Middle East tensions, and the USD keeps becoming stronger. Fed...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.