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GBP (British Pound)

GBP/USD -Flirting Resistance *W - Great British Pound seen on a more broader picture of Weekly Time-frame *W (tf) . Flirting with Trendline Resistance that rejected price action on 4 times of interactions previously. Fakeout occurance would be put to stop by 200EMA coming down as Resistance Ceiling for GBP/USD Breakout of Trendline + 200EMA re-testing them as Supports would give much more room for growth regarding GBP Below Supports - Daily Order-Block *D OB - Last Higher Low at 1.18$ - Weekly Order-Block *W OB TRAD
by Mr_J__fx
4
GBP is BossBullish Setup The next HH HL is the sinal of the Bullish Trend start Here’s the 4hr Elliott wave Chart from the 4/14/2022 New York update. In which, the rally to 1.6866 high ended 5 waves from the 2/10/2023 low in wave (1) & made a pullback in wave (2). The internals of that pullback unfolded as Elliott wave double three correction where wave W ended at 1.6579 low. Then a bounce to 1.6835 high-ended wave X & started the next leg lower in wave Y towards 1.6547-1.6369 blue box area. From
Long
by DaveBrascoFX
GBPUSD emerging from years long bear trend and going back upBritish Pound/USD is giving us signs that we might begin to see a reversal to the bear trend that has lasted for 13-14 years. 1Y TF white energy is just starting to move up and about to cross the 50 mid-line. Unlike in 2014, where the white energy failed to move above 50 and dropped back down along with green line as the price stair-stepped down, this time the red RSI is at a much lower position where the green line and the white energy may not bounce off of it again, and I think there is a dece
Long
by Popovich