The 15-minute timeframe is now a downtrend, we saw a completed wave structure yesterday. The pullback to that move is valid and we expect a follow-through. Having said that, the 1Hr timeframe is still not 100% Bearish, we need to see a break below 1.2466 before we can safely say the H1 is now bearish. The alternative Scenario is this; If the price should fail to...
Starting to see some bearish confluences on GU ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the...
Today's profits overall are not particularly ideal. Only gold long orders made some profits. Gold prices currently lack support from geopolitics. It has maintained a narrow range of fluctuations at the 2320-2307 line for several consecutive days. From the perspective of upward momentum, it is lacking. Visually, 2320 is a position that bulls and bears are...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! 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...
Greetings Traders, As we enter this new week of trading, I anticipate a shift towards bearish institutional order flow. Following Friday's NFP news release, we saw a draw towards the final buy-side objective, namely the weekly bearish order block. This move appears to be a temporary shift, reinforcing our long-term bearish outlook. Currently, price action on the...
Time Frame: 4H Symbol: GBPUSD Entry: 1.24791 TP: 1.23452 SL: 1.26077 Bias: Short The cost has begun moving from its zone and building up fundamental speed to lay out its own course. The swaying between two limits is very huge as we see the current cost is going down setting out a freedom for a potential short trade.
H4 - Bearish trend pattern followed by a pullback No opposite signs Until the two strong resistance zones hold my short term view remains bearish here.
GBPUSD looks like this is a false break around the resistance area so there is a high possibility that the market will decline, but currently the market is not giving us any sell signals. Now you can wait for the price to form a new trading signal before you can trade, or you can wait for the price to form a downtrend in a low time frame and then...
GBPUSD turned down in price, confirming the previous false breakout signal, so you can see that the short-term trend of this currency pair is decreasing so you can sell. The nearest resistance area is the supply area and also the previous peak and bottom area around 1.2530. You can wait for the price to return to this area and then look for a signal to sell...
Hello Traders; Hope you doing greats . for this week I think we'll probably see a downward correction in GBPUSD and after that we can take a long position at Blue zone . if this post was helpful, please like and share.
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.
Hello everyone, GBPUSD 4H NEW FORECAST Trade the British pound against the dollar Analysis of performance and expectations for upcoming trades Continuous decline towards 1.2480 and beyond Breaking the support level and reaching 1.2385 as a negative target Expectations for further decline in the coming sessions Given the negative behavior of the GBP/USD rate, it...
Hello friends, last Friday, GBPUSD broke the 1.26 level but failed to sustain above. The daily candle on Friday looks like bulls have lost control. Bulls have also failed at the key 100-day EMA level which further solidifies the bearish bias in GBPUSD . I have already sold GBPUSD on Friday above the 1.2620 level. At present, I will consider selling the...
Everyone must have seen yesterday’s analysis. Both GBPUSD and EURUSD are in line with my expected decline range of 500-1000. The US dollar also reached a high of 105.5. Oil is back at buying prices. Gold has also come to a profitable price. At present, I simply observed the market. There is currently no better opportunity to earn the difference in gold or oil...
There is support at the previous low position, you can trade long, two TP points, 1.250 and 1.253
Hello traders, In today's video, I'll delve deep into the GBPUSD analysis, offering a thorough outlook for the upcoming trading week. With significant developments unfolding on both the DXY and GBPUSD charts, it's imperative to dissect the possibilities that lie ahead. Stay tuned for invaluable insights that can help guide your trading decisions. Don't hesitate...
GBP/USD has formed a symmetrical triangle pattern on the 30-minute timeframe, and a breakout has already occurred. We are currently waiting for a retest to enter a SELL position, based on candlestick confirmation patterns at the retest level.
The British Pound has seen a partial retreat against the USD ahead of the Bank of England's interest rate announcement. It's widely anticipated that rates will remain steady at 5.25%. Consequently, attention is likely to be directed towards the voting split among the nine-member Monetary Policy Committee and the accompanying commentary, as these factors could...