GBP/USD gathered bullish momentum and touched its strongest level since early February above 1.2700. The US Dollar struggles to find demand in the American session after the ISM Services PMI showed a loss of momentum in the service sector's expansion.Key support for GBP/USD aligns at 1.2650 (200-period Simple Moving Average (SMA), 100-SMA, Fibonacci 23.6%...
Here price has moved to the psychological level and now want make another move so we be expecting going for LONG and targeted profits should be around TP2, TP3, TP4
Pull back! SELL Now ! 80+ pips on GJ GBPJPY has made a clean red candle below the support. Now that GJ has retested support and rejected it with a nice red candle we can take sell entries. Watch as GJ is near the weekly resistance . This zone has also been confirmed, so we can see a rejection to test previous support areas tp 1: 4hr and daily support tp 2:...
LQP = Liquidity Pool Arrows = Inducement Points 2WT = 2 Way Trap Lots of liquidity resting at the overstock level. Runner left.
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
Hello traders what do you think about GBP USD) Technical analysis 🟢 traders are you looking 👀 big support channel patterns breakout? GBP USD 🟢 breakout support level 1.26000 retest support level pullback momentum bearish candle 1.24919)🟡 FX:GBPUSD Short analysis signals 💯 FX:GBPUSD Safe trade ❤🙏 plaes like ❣️ and comments follow next analysis 😀
The daily chart portrays the pair as neutral to downward biased, with the GBP/USD hovering around the 200-DMA at 1.2561. a daily close below the latter could open the door to challenge 1.2500, followed by the 100-DMA at 1.2487. Once cleared, that could open the door to test the next support level seen at 1.2374, November’s 17 low. Besides that, GBP/USD takes...
Hello Traders, here is the full analysis. This is my current view on GBPUSD. Price is hovering around our entry zone. Possible strong bearish movement expected! Keep an eye out. A good entry now with accurate stop loss can be a good one. 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...
My DXY view for this first Q of 2024. FUNDAMENTALS: We started with a clear shift of sentiment this year. Last two months of 2023, market rapidly priced rate cuts into the usd dollar, expecting cuts as early as March also J. Powell gave the most dovish speech in his career in the hopes that inflation will slow down faster than expected an attemp to save banks...
GBPUSD continued to recover in the past session after buyers successfully defended the support level of 1.26. Although it is still not possible to break the resistance at 1.28 and create a new peak to confirm the continuation of the uptrend. However, recent price behavior shows that buyers are gradually regaining control of the situation, expecting prices to...
Here the market nearly touched the psychological level and you can take your profit or wait.
Like that trend line, it is clearly accumulating liquidity. Waiting for a good time to enter into sales. Keep it simple
The dollar crept higher on the first trading day of the year as attention turned to economic data this week that may provide clues on the Federal Reserve's next moves, while bitcoin surged ahead of $45,000 for the first time since April 2022. The dollar index DXY , which measures the U.S. currency against six rivals, fell 2% in 2023, snapping two years of gains....
hello traders what do you think about this analysis trading ideas 💡😁💡 Gpbusd) this week analysis trading ideas 💡💡 follow support and resistance Levels ✔️ Support levels 1.22000 Support levels 1.24000 Support levels 1.25000 Resistance levels 1.26101 Resistance levels 1.26745 Resistance levels 1.27000 Follow up with my trading ideas 💡😁💡
a small scalp but it is risky, wait for your confirmations and manage your risk
The price made a reverse on 1.24000 and was unable to move up to level of 1.25000 showing that more seller are coming to the market were by forming double top it means that selling is need and targeting profit at level of 1.23000
The situation in the Middle East remains unpredictable and very unstable, while Israel's proposed invasion of Gaza still seems to be delayed. The market is expected to maintain a risk-off mentality one week ahead with many important events and figures. UK unemployment figures are due out tomorrow morning, followed by the latest S&P Global PMI data. Ratings agency...
GBPUSD remains a Buy intraday trend In the short term buy intraday in the 1.21600-1.21400 area sl: 1.21000 tp:1.22000-122300 The Hamas-Israel conflict and yields continue to pose a threat to the currency pair ahead of a series of key economic data from the UK and US this week. In the H4 framework, GBP/USD started to rise after testing his 1.2100 support, but the...