We expect further downside on this pair, signalled by the ascending channel pattern breakout. We can also see the breakout of a key level which further supports our directional basis.
This pair continues to grab my attention, particularly as it approaches my 10-hour supply zone. I anticipate a redistribution and subsequent sell-off targeting the equal lows. It's important to note that this is a counter-trend trade aimed at capturing a temporary downward movement to a more favourable demand. Given the substantial liquidity at the newly...
Hello Traders! As you can see, we have a confirmation of the retracement from the level marked in the previous analysis. Congrats to those who executed the trade! Wish you a nice weekend! Follow, like, and comment to see my next ideas: www.tradingview.com
Hello Traders! This is my idea related to GBPUSD M15. We can see an ascendant trend on H1 and at this moment I will look only for long entries. It is very possible to see a retracement from the price of 1.27200 where we have OB and at the same level, FVG will be closed. If confirmed, I will execute this trade, taking into consideration the weakness of...
My trading plan for GBPUSD is pretty simalar than EURUSD, trendline is clear. It was retested and i think it will not hold again. My first target is the 1.2575 area, where the cable can range for a while, waiting to resume the drop. Invalidation will be above local top
Hello, according to my analysis of the GBPUSD pair, the market appears to be in a negative state. With the pair breaking the pitchfork tool, it also broke the 1.26500 level, which is considered strong support. Which indicates further decline in the coming days. good luck for everbody
Hello, quick analysis of GBPUSD, just using the pitchfork tool. It's a tool you can't live without. Enables you to know the market trend. Good luck everyone
Dear Traders, GBPUSD can drop significant after BoE released the inflation data this morning GBP weakness is inevitable in coming days. While DXY is still recovering from last week FED news on interest rate though DXY has not yet shown a strong bullish sign this week and yet. It would be wise to see some bullish price momentum on DXY to confirm the long term bias...
Dear Traders, We are expecting a heavy sell off on GBPUSD as it is approaching a premium selling zone, price have previously have took out many key levels due to extreme bullishness. Once price touch the first amber line it will be activated. Enter accordingly if price do changes by the time it reaches our area then we will update you guys on this. Do like and...
⭐️ Smart investment, Strong finance ⭐️ GBP/USD INFORMATION: The GBP/USD is currently displaying a sideways movement while preparing for a barrage of data releases from both the United Kingdom and the United States. In the Asian session on Wednesday, it is hovering above 1.2550. The GBP/USD pair experienced significant volatility in the previous session due to...
Upon examining the H4 chart, a significant development unfolds: the price is presently exceeding the crucial threshold of 1.2547, marking a breakthrough of the formerly recognized pullback resistance. This breakout implies a substantial alteration in market dynamics, indicating that the driving force behind the price movement is robust enough to surmount the...
GBP-USD is going down Now and the pair broke The key level of 1.26155 Then retested and is Going down again so We are locally bearish biased And we will be expecting A further move down !
GBPUSD has made contact with the resistance zone, as predicted from last week's analysis. We're now faced with a decision to short or wait on the sidelines for more price action. How do we trade this? 🤔 It is not reasonable to short just yet because we do not have a sell signal! We're currently at the resistance level but without a confirmation of rejection,...
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.
Late last week, the dollar depreciated versus a basket of currencies on reports of strong U.S. business performance in November; however, private sector employment decreased due to forecasts of an impending economic slowdown. the final quarter. Prior to this, the US Composite PMI Output Index was recorded on Friday by Michael Brown, a market analyst at Trader S&P...
GBPUSD Is still bullish due to the continuous break of structures to the upside however, It has tapped into a nice supply which I expect to cause a correction back down to a demand level at 1.225500. This is an opportunity I will be looking to take soon as market opens therefore, I will be waiting for a CHOCH to validate my Wyckoff distrubution and I will be...
This bias for GBPUSD this week is not as clean in terms of price entering an ideal zone however, it's still a possibility that could happen so let's look at how we could sell GU. As we know this market has been in a small uptrend recently but, I am still overall bearish (looking at the HTFs) Therefore, I would be waiting for price to enter a near by supply so we...
Here gbpusd has reached level at 2500 and went to make reververse to we are expecting sell so the price is expecting to reach at level of 2400 for another correction. So going short is needed