The current optimal buying zone for the GBP/USD pair stands at 1.25680. This indicates a favorable entry point for traders looking to capitalize on potential upward movements in the exchange rate. Setting precise profit targets is essential for effective trading strategies. Take profit levels are suggested at 1.26017, 1.27217, and 1.28148, offering multiple...
Hello traders ,what do you think about GBPUSD?This currency pair has broken its downward channel and resistance zone and is above it.If the daily candle closes above the mentioned level, it is expected to grow at least to specified levels. If this post was useful to you, do not forget to like and comment.❤️
FX:GBPUSD , influenced by a positive fundamental backdrop and the dollar's decline since the opening of the session on Monday, is strengthening above previously broken trend resistance. GBPUSD is strengthening, the currency pair is in a bearish trend reversal phase. The market and traders are readjusting after the negative NFP for the dollar released last...
The GBPUSD has surpassed and closed above a strong horizontal intraday resistance cluster and a significant descending trend line. The broken vertical and horizontal formations now create an expanding demand area. I anticipate a bullish trend starting from the highlighted red zone, with targets at 1.2618 and 1.2690.
🚨GBPUSD: What's Next? BOE leaves policy rate unchanged at 5.25% 🚨BoE left the policy rate unchanged at 5.25% as widely expected The price is also facing strong support near 1.2450. How can the price react in this area? Be careful as GBP can get stronger when you least expect it. It reacted lower before the opening of the BOE meeting, but it is not necessary to...
📉🚀 GBPUSD Market Update: Inverse Head and Shoulders Breakout! 📈 Great news for currency traders! GBPUSD has shown a promising development at the bottom of its current downtrend. We've identified a reversal chart pattern known as the inverse head and shoulders. Excitingly, the price has already broken through the neckline of this pattern, setting the stage for...
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.
GU setting for a potential breaking down forming lower high rejection here. Getting a close below structure here is ideal. I also like that the daily printed a bearish engulfing...
Hi folks today I'm prepared for you British Pound analytics. A few moments ago price declined to the resistance level, which coincided with the resistance zone, and soon broke it, after which continued to fall to the support level. GBP some time traded near this level, which coincided with the support zone and soon broke it too, after which declined to the trend...
i am looking for sell on GU. let see if this setup will succeed. i dont like trading GU due to manipulations
Pair Name : GBP/USD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Best Buy and sell area's ) Type : Mid Term...
GBP/USD traded 0.3% lower to 1.2473, ahead of Thursday's meeting of the Bank of England. The UK central bank is expected to leave interest rates unchanged this week, with speculation it could steer markets towards a cut as soon as next month - soon after the ECB is expected to cut drops on June 6.
FX:GBPUSD price fail due to DXY remain extremely bullish, though we thought price would rise up in our 1 hour timeframe and then continue dropping. However, DXY bullishness momentum was extreme and it kept on dropping. We might see some correction where price reaching around price region and then drop from that area. If you like our work then please do like and...
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...
Greetings Traders, GBPUSD is currently exhibiting bearish institutional order flow from a long-term perspective. However, there's a temporary bullish momentum as price approaches the H1 bearish order block, aiming to fill the liquidity void and reach the mitigation block. From there, we anticipate a continuation of the bearish momentum towards the daily Fair...
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.25900 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.25900 support and resistance zone. Trade safe, Joe.
Continuation of move Market Structure Bearish on HTF Entry at Daily AOi Weekly Rejection at AOi Daily Rejection at AOi H4 EMA retest Candlestick Rejection Rejection From Previous Structure Point SOS 1:3.3.58% Entry Signal 85% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
As mentioned in previous analyses, the price has reached an important area which could determine whether the GBP continues to rise or continues to fall. When looking at the 4H chart it is more than evident that we have reached a possible bullish reaction, however we must keep in mind the liquidity that is just below this POI, which is very possible before any...