Dear traders! As Conan mentioned in the previous analysis GBPUSD completely ended the entire downtrend with a consolidation breakout above downtrend resistance and is now trading active on the 10 hour timeframe and reaching 1.2704 . In such a scenario, we are expecting further strengthening with various Federal Reserve speakers due to speak later in the day. On...
FX:GBPUSD GBPUSD is far over from swing selling yet, our previous idea closed on breakeven, we now expect price to grow and grow big in soon time. However, we do not expect price to rise in days but in weeks or months we can see price to growing to newest higher high of the year. We ask all of you to maintain utmost risk management. **If you like our work...
Hello dear traders! GBP/USD maintained stability at 1.2700 early Tuesday after remaining largely unchanged during the week's opening session. While the technical outlook still suggests a continuation of the uptrend, the pair's price action could remain difficult ahead of key inflation data from the UK on Wednesday. Technical analysis: The bullish outlook is...
Hello hello, R2F here with another discussion. Today, I'd like to go over the question, 'when do you know you are ready to trade with real money?' Too many traders rush into trading with real capital before they are ready, and end up losing more money than neccessary on learning journey. People are generally impatient creatures and want to get into actions as...
Update for 📈GBPUSD. The GBPUSD price has effectively surpassed and closed above the neckline of an ascending triangle pattern on the hourly chart. This is a significant indication of a bullish signal. Given that the market is currently in a long-term uptrend, it is likely that the pair will continue to rise in the near future. The next target levels to...
Conan hello everyone! Now, GBP/USD extends gains for the second straight session, trading around 1.2710 during Asian hours on Monday. A weaker US dollar supports the pair. Sterling may face a challenge as the BoE is expected to cut interest rates by 60 basis points in 2024. With the current uptrend remaining stable and the EMA 34.89 showing no signs of reversal,...
Dear traders! On the 4-hour timeframe we noticed an interesting candlestick pattern setup. Price action was confirmed high above the 1.2645-1.2650 support level. It is expected that in the near future the uptrend will be more certain, the target is at least in the area of 1.2800 - 1.2850
hello guys... do you think usd dollar will become weak? I think the price is on QML now and it will do some corrections! however, it is not a strong Quasimodo pattern due to the head location! so the price will start an upward movement until the MPL level! MPL level will make the price some (just a little) correction and then the price will go to 1.27$ level...
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...
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...
Price Has Made A Clear Run On Stops To The Upside , Price Has Just Recently Traded Into The Bearish Daily OB Within Deep Premium Prices. Marked in yellow - accumulation Marked in Green - Manipulation Price Action After Green - Distribution. PO3 Had Previously Taken Place ,We can Now look At A Re-Entry to Target Draw On Liquidity To The Downside Recent...
Hi Everyone! GBP/USD 4h ....the price is in a bearish OB ....we can find a very good swing trade towards the equal low residing below ....almost 275 pips .....a low time frame good entry may reduce our SL to only 20 to 30 pips .... Good Luck
GBPUSD is about to entered in strong resistance zone. Price is been on strong bullish run from last few days but now has entered into bears territory, will the bears get active active and send price back to 1.2500 region ?
Hey traders , Here we share with you gbpusd forecast for week. Please share your opinion and like the our post.
Trade Update: GBP/USD We have some great news on our recent GBP/USD trade! 💲 After analyzing the market conditions and identifying a solid setup, our trade has successfully Hit Take Profit 1 (TP1). This made sure that the majority of our positions have been secured and cashed out some of our gains, allowing us to lock in profits and reduce risk. Following this,...
During the early Asian trading session on Friday, the GBP/USD pair experienced a modest rise, approaching the 1.2670 mark. Despite a slight pullback, the outlook remains bullish for buyers as the GBP/USD successfully breached the 1.265 resistance level, turning it into a new support. It is anticipated that the upward momentum will resume after a retest of the...
Do you this the trend will continue to rise this coming week or a big sell coming?according to my view n my analysis the growth will continue until target but with normal pull back as usual.
Hello,Friends! The BB upper band is nearby so GBP-USD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.254. ✅LIKE AND COMMENT MY IDEAS✅