FX:GBPUSD broke out on the downside of the range market on H4. We are currently seeing a retest of the consolidation, a close below 1.25963 would be a good point to get into the market for a sell. A close above the 1.26606 would mean the bulls getting back into the market at which point I will rather stay out to see what the market will tell us. For the now, I'm...
GBPUSD shows a bearish momentum on daily TF based on: Dow Consecutive two LHs and LLs Daily Divergence Printed high volume bearish candle yesterday that broke previous resistance and confirms price action in bearish momentum ** Trade Plan** Placed Sell Stop instead CMP as possible chance- -price might retraced to previous resistance Placed TP between...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This week, I'm watching GU closely for a potential uptrend starting from the 11-hour demand zone below. If price reacts as expected, it could fill the gaps left after Friday's NFP. Another possibility is an upward move from the current 3-hour demand area towards a newly identified 10-hour supply zone. While navigating this situation, I exercise caution,...
Here gbpusd form a resistance at psychological level of 27500 and likely to go down and tourch the psychological level of 27000
Critical resistance is located at 1.2700 (200-period Simple Moving Average (SMA), 100-period SMA and 50-period SMA). If the pair rises above that level and confirms it as support, 1.2760 (static level) and 1.2780 (static level) could be seen as next bullish targets. On the downside, 1.2650 (Fibonacci 23.6% retracement of the latest uptrend) aligns as first...
Critical resistance is located at 1.2700 (200-period Simple Moving Average (SMA), 100-period SMA and 50-period SMA). If the pair rises above that level and confirms it as support, 1.2760 (static level) and 1.2780 (static level) could be seen as next bullish targets. On the downside, 1.2650 (Fibonacci 23.6% retracement of the latest uptrend) aligns as first...
GBP/USD continues to move up and down in a narrow band at around 1.2700 early Monday after closing the previous week virtually unchanged. The near-term technical outlook fails to provide a directional clue but the Federal Reserve's and the Bank of England's (BoE) policy announcements later this week could help the pair break out of its range The cautious market...
The 200-period Simple Moving Average (SMA) on the four-hour chart aligns as a pivot level at 1.2700. If GBP/USD continues to use that level as resistance, technical sellers could remain interested. In this scenario, 1.2650 (Fibonacci 23.6% retracement of the October-December uptrend) and 1.2600 (psychological level, static level) could be seen as next bearish...
GBP/USD is trading above 1.2700, finding fresh demand amid a stalled US Dollar recovery in early Europe on Monday. The pair cheers reduced bets for an early BoE rate cut ahead of Wednesday's Fed decision. Middle East geopolitical tensions could cap the upside. Always follow the trend GBPUSD SELL NOW 1.27131 CONFIRM TARGET. 1.26209
GBP/USD holds above 1.2700, where the 50-, 100- and 200-period Simple Moving Averages (SMA) on the 4-hour chart are located. In case this level stays intact as support, 1.2760 (static level) could be seen as next resistance before 1.2780 (static level) and 1.2820 (end-point of the latest uptrend). If 1.2700 fails, technical sellers could take action and open the...
Hello Traders! This is my perspective for GBPUSD M15. I see a new BOSS, and FVG is fully closed. I expect a bearish move until the price of 1.26620. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment...
This week's analysis for GBPUSD is promising. I'm currently anticipating a slight upward movement to reach the nearby Asian high and mitigate the supply zone at a deeper level. Alternatively, if this doesn't happen, I'm prepared for a potential reaction from the 4-hour supply zone above. This particular supply level has triggered a change of character (CHOCH) to...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hello Traders! This is my idea related to GBOUSD M30. I see a small retracement and I expect an increase until the OB marked above. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Price broke below our identified KL, as we were expecting negative GBP news, with a stronger dollar we entered into sells targeting the next KL for 60 pips. Price formed a minor resistance and there was also negative GBP news sending price down as expected.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.