Hello, friends. I've been selling positions since yesterday. The price grabbed liquidity from the weekly candle, yesterday grabbed the previous daily high, and we had the impulse from May 9 without any correction. I think it's time to see some deep correction, with the first trading point in the 1H zone around 1.26500 The long-term target is around 1.26,000 Let's...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2608, which is a pullback support close to 38.2% Fibo retracement Our take profit will be at 1.2667, a pullback resistance. The stop loss will be placed at 1.2534, which is an overlap support level close to 61.8% Fibo retracement
Looking at the weekly chart, Cable has been forming a triangle/wedge pattern, which could also be viewed as a bullish flag after the rise from 1.035 to 1.31500. So, what’s next? In the bigger picture, I’m bullish on this pair, but there will also be short-term selling opportunities. I expect the price to move up towards March's high at 1.29, slightly above the...
Daily internal signal analysis GBP/USD has formed a double top and 4-hour bearish divergence. The sell stop can be set at 1.26419, the breakout level of LH.
Hello traders GBP/USD 4 hours.... The price is on a bearish OB.... We can go to.... Below find a good swing trade almost 275 points..... Low time frame good entry may reduce our SL to only 20 to 30 PM.... Internal signal analysis will be provided daily
GBP/USD 1H - This is one of the final markets I am looking at this week, I feel price is going to continue with this bearish momentum. As you can see price has traded us up and into the Supply Zone above. I want to see price now trade us back up and into the more fractal area of interest the second Supply Zone. I feel this will be a perfect place to enter in on...
Pattern is forming on the GBPUSD pattern market will go down for 95 Pips good luck trader
The GBPUSD is currently in a bullish trend, characterized by higher highs and higher lows. However, the price action has developed a bearish divergence alongside a rising wedge pattern, indicating a potential bearish reversal. A critical level to watch is 1.26864, the previous higher low; a break below this point would signal bearish control, with an expected...
GBP/USD has just broken out of a resistance level which is a pullback resistance and could rise from this level to our take profit. Entry: 1.2698 Why we like it: There is a pullback resistance level. Stop loss: 1.2635 Why we like it: There is a pullback support level which lines up with the 38.2% Fibonacci retracement. Take profit: 1.2797 Why we like it: There...
GBPUSD reach all time high and ready to sell as DXY confirmed bearish move
(Based on the 1D Chart) SLO2 @ 1.2779 SLO1 @ 1.2728 SSO @ 1.2700 TP1 @ 1.2632 TP2 @ 1.2551 (mid-pivot) TP3 @ 1.2492 TP4 @ 1.2400 BLO1 @ 1.2378 ⏳ BLO2 @ 1.2325 ⏳ (support) It appears that PA may want to turn to the downside from somewhere within this Resistance Range of 1.2700 to 1.2779 (see Sell Limit Orders above) If this works out I'm anticipating a...
Hello dear traders what do you think about this pair please comment..!? 📉 Behold the tumultuous dance of the GBP/USD currency pair as it boldly shatters the chains of its trend line and crucial support zone! 🎯 With precision akin to a seasoned archer, it now sets its sights on a predetermined destination. 🏹 As the correction journey unfolds, a tantalizing...
GBPUSD technical analysis Our technical rating for GBPUSD stock is buy today. Note that market conditions change all the time — according to my point view
at cmp of 1.27346 price is facing 4h bearish fvg so there is no sense to open new positions here rather we have 4h ob pending at 1.25650 to 1.25000 then we can look for the target of 1.29000
Sell buy Absorbed in Gbpusd Market maybe now New Direction
In this video, we delve into the recent movements of the Pound Sterling against the US Dollar as the GBP/USD pair hits a temporary pause near the key resistance level of 1.2700. Investors are closely watching the upcoming release of the United Kingdom's Consumer Price Index (CPI) data for April, which is expected to provide crucial insights into the interest rate...
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
GBPUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short GBPUSD Entry - 1.2740 Sl - 1.2824 Tp - 1.2597 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️