💬 Description: The local bearish trend in metals also remains in force for now, especially in Gold. The current location of the price at the level of 1930 will most likely repel buyers from entering the market since resistance is located here. As you can see in the chart, this area is interesting to the market, and accordingly, liquidity is located here....
Hello There! Welcome to my new analysis about GBPUSD on several timeframe perspectives. Since GBPUSD gained over 25% since the lows seen in September 2022 a big factor now is if this established trend is holding on or GBPUSD reverses the dynamics with a trend change to the downside. Currently there are many bearish signs I have detected within the chart...
GBPUSD hit the bottom of the prolonged Channel Down pattern, reaching extreme oversold technical levels on the 1D timeframe (RSI = 21.119, MACD = -0.012, ADX = 59.945). The 4H MACD is approaching the formation of a Bullish Cross, and prior price action shows that when formed this low, it always rebounds and hits at least the 1D MA50. We are on an early long...
Price is hovering at our buy entry, at 1.2190, which is a major overlap support level. Our stop loss is at 1.2132, which is another overlap support level. Take profit is at 1.2390, which is an overlap resistance level. We can expect price to gain bullish momentum to the upside soon due to the correlation of GBPUSD and DXY. High Risk Investment Warning Trading...
The price is on a very strong downtrend but this trend needs rest to continue the way
Preferred direction: Neutral Comment: Friday's franc idea is working out perfectly. We continue to be in long-deal, but part of the profit should already be fixed and moved to breakeven. The price will most likely rise to the planned level of 0.91475, but it is unlikely today. The ADR of the instrument is almost completed and today during the American session...
Hey Traders, Check this Short Trade setup on GBPUSD, the price is making its way back to retesting the lower band of the range which also falls at the Fibonacci Golden ratio. Watchout for this pair, sell trade might be happening soon.
✅GBP_USD broke the key Horizontal level of 1.2333 And the breakout is confirmed So I think that we will see A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
the FX:GBPUSD pair is currently under intense pressure, and it's just broken through a crucial support level at 1.22800. The charts are revealing an interesting story as our Fibonacci retracement suggests that the next stop might be around 1.1800. What's even more intriguing is that this level coincides with the last major resistance point on the chart. The...
Hello, Welcome to this analysis about GBPUSD on the 4-hour timeframe perspectives. In recent times I detected a pivotal formation developing for GBPUSD. As when looking at my chart now we can watch there how GBPUSD is forming this main bearish impulse development to the downside in which it just broke down below the ascending-resistance-line, this...
Hello,Traders! GBP-USD is trading In falling wedge and the Pair has retested the Horizontal support of 1.2329 So IF we see a breakout From the wedge then The pair will go higher Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
We are observing a strengthening of the British pound (GBP) against the US dollar (USD) just hours before the Fed's interest rate announcement. The market has broken a significant swing high at the 1.241 level and is heading towards a supply zone at the 1.24200 level. This zone is within a resistance/support area on the H4 timeframe ranging from 1.243 to 1.25,...
Hello, Welcome to this analysis about GBPUSD and the 4-hour timeframe perspective. GBPUSD in recent times has shown up with important determinations that defined the whole structure as I discovered here. Therefore, as when looking at my chart we can watch there how GBPUSD completed this main ascending-channel-formation as a bear-flag bearishly to the downside...
Hello, Welcome to this analysis about GBPUSD, we are looking at the 12-hour timeframe perspectives, the recent events, the established formational structure, and what we should expect in the upcoming times. As when looking at my chart now we can watch there how GBPUSD has established this bearish wave-count to the downside within which it already completed wave...
On GBP/USD, we have a price that is within a buying range, between the levels 1.2340 and 1.24. Currently, my objective is to look for a structural breakout on M15 during the London session at opening and closing, and during the New York opening. The price could reach the selling range at the 0.38% Fibonacci level at 1.2435 and then test the second selling range at...
Hi my friends, Welcome to this analysis we are looking at GBPUSD 12-hour timeframe perspective which recently confirmed the awaiting bearishness to the downside as the top-formation has built this was the expected price action here, now the pair has found some support in the smaller timeframes nevertheless the bearishness on the higher timeframes established has...
Hello,Traders! GBP-USD is trading in a Downtrend and the pair Was making a local correction But is about to retest the horizontal Resistance of 1.2568 from where I believe we will see a Bearish continuation Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
By examining EURUSD in the 12-hour time frame, we can see that the price is trading in the range of 1.075, and if the price can stabilize above the support level of 1.066 to 1.070, we can expect growth to higher levels or even a change in the trend! Possible bullish targets are 1.07720, 1.08080 and 1.08668 respectively! Don't Forghet To Push The Boost (Like)...