Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for long position. My point of interest is if price makes a retracement and then rejects from trendline + liquidity zone. Fundamental analysis: This week on Wednesday (GMT+3) we will see results of yearly CPI...
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...
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...
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GBPUSD is in an ascending channel. The chart has reached the upper boundary of the channel and is moving in an ascending wedge. The price is trading near the resistance level. We expect a correction. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Expecting bullish move price is respecting h4 trend and retails will be trap on H4 supply zone area
Hey Traders, above is a technical overview on GBPUSD and the most important demand zone to watch, GBPUSD was trading in a downtrend but successfully managed to break it out following the recent soft CPI data, so in today's trading session our direction have changed and we will be mostly focusing on potential upsides. the first zone we will be watching is 1.26300...
GBPUSD had a sell BMS and on a retracement with little highs and lows for a possible downtrend
📌GBP/USD entered a technical correction and closed Thursday down after gaining 0.75% on Wednesday. The pair continued to rebound on Friday and traded near the 1.2700 resistance level. 📌Atlanta Fed President Raphael Bostic acknowledged inflation progress in April but noted that the Fed has not yet begun to ease policy. In a similar tone, Cleveland Fed President...
Looking at gbpusd, I thing it will have o drop to the gray area before shooting UP. Hopefully it will respect our analysis as much as it respected the trend
Last Friday up D1 bar for GBPUSD had a lower shadow and closed near the top, showing good buying pressure. Before that, bar D1 decreased but created a bullish pinbar, also showing buying pressure. The recent price behavior of GBPUSD D1 at this resistance suggests the possibility of a breakout from the most recent peak to establish an uptrend again. GBPUSD H1...
Price is nearing a 2H Supply zone. after a nice move up. I am expecting price to move to the low after hitting the supply zone
As you can see , we posted GBPUSD today and now it hit our Target with R/R : 10 and of course it's a great risk to reward ratio !
Not really an enticing trade and also remember that is not a confirmed pattern , its a pattern assumption. It can literally go anyway without bias.
GBPUSD Absorbed Liquidity dropped but suddenly Recovers this confirms more upside move
We will wait for the breakout of price from Double Top Neckline at 1.26817. Sellers will remain in control after price crosses down neckline support. The chart depicted Bearish Divergence before forming Double Top.
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