GBPUSD | H4 Bearish Drop OffMomentum: Bearish
The price has rejected the sell entry, which is positioned slightly below the 38.2% Fibonacci retracement level and also below the Ichimoku cloud.
Sell Entry: 1.3156
Pullback resistance
Slightly below the 38.2% Fibonacci retracement.
Stop Loss: 1.3257
Positioned at pullback resistance slightly above the 50% Fibonacci retracement.
Take Profit: 1.3011
swing low support level.
High Risk Investment Warning
Stratos Markets Limited (tradu.com ), Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ): Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
Bpusd
GBPUSD H1 | Bullish Momentum To ExtendMomentum: Bullish
Price is currently moving within an ascending channel and remains above the Ichimoku cloud, indicating sustained bullish momentum.
Buy Entry: 1.3136
Pullback support
23.6% Fibonacci retracement
Stop Loss: 1.3096
Pullback support
50% Fibonacci retracement
Take Profit: 1.3248
Overlap resistance
Slightly above the 61.8% Fibonacci retracement.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GBPUSD 4H (pivot price: 1.2250)GBPUSD
stabilizing above 1.2250 will support rising to touch 1.2300 then 1.2376 then 1.2399
stabilizing under 1.2250 will support falling to touch 1.2204 then 1.2165
pivot price: 1.2250
Resistance prices: 1.2300 & 1.2376 & 1.2399
Support prices: 1.2204 & 1.2165 & 1.2035
timeframe: 4H
Will BP be able to regain its former glory or fall is inevitableToday we will look at the chart of the price movement stocks of British Petroleum , BP, British Petroleum Corp. - a corporation that for many years has been among the leaders of the oil and gas, petrochemical and coal industries on all continents.
They had an interesting history of BP stock pricing in accordance with the events in the world at that time. Therefore, we will share our observations.
1) When the world was affected by the "First Oil Crisis" in 1973, the share price dropped threefold from $3.50 to $1.13 , where the historical minimum was set.
2) However, already during the "Second Energy Crisis" — the Islamic Revolution in Iran in 1979-1980, the value of BP shares increased threefold from $4 to $12. Then the corporation was actively exploring new deposits on different continents of the world, which allowed it to diversify such risks as the revolution in Iran or the nationalization of their assets in Nigeria in 1979.
3) Although in 2000-2010 the value of British Petroleum shares reached its maximum of $80 , nevertheless, a number of man-made disasters took place in the corporation, the maximum in power among which was the explosion of a tower in the Mexican Gulf in April 2010. Then the value of shares and capitalization collapsed by 56%
4) It would seem that it could not be worse, but 2020 proved that there can be, and a 63% drop in the value of shares of there proof.
First, the CoviD crisis (late 2019 — early 2020), then the negative value of WTI oil futures and a general decrease in demand for oil and oil refining materials from cars and aircraft, forced the corporation to fix a loss in 2020 at $5.7 billion , however, they predicted -$4.8 billion
British Petroleum's annual reports are considered almost inside information. They predict that by 2050 the demand for "clean" energy from renewable resources will increase from the current 5% to 55-60%. Accordingly, companies that do not have time to implement a high-quality and smooth energy transition from oil, gas and coal to the production of "clean" energy from renewable resources are doomed to fall.
Finally, our thoughts on the possible future price of BP's stock.
For ourselves, we single out the level of $20, as critical.
Fixing the price above this level will suggest that the corporation is making an energy transition according to the schedule, and, accordingly, the price of shares may rise to $36 , to begin with.
If the BP stock price starts trading below $20 , it means that something is wrong in the company and soon this news will be available to everyone and in general, and the value of the shares themselves may fall to $10-12
British Pound/ U.S. Dollar LongMr. Pips says you can now Long BP/USD with a target of 1.30125.
Mr. Pips isn't smarter then any of you. He just has the best indicator ever created! Remember this post when the target is hit.
Mr. Pips quote of the day:
"You will lose a whole lot of money chasing women. You will never lose women chasing money!"
Mr. Pips wants you to have a blessed and profitable day!!!
Disclaimer: All information provide by TheRealMrPips is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!





