The GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours. FX:GBPUSD Key Points: Sell Entry: Consider entering a short position around the current price of 1.2916, positioned close to the...
As anticipated, the EUR/GBP currency pair has found support around the 0.8400 level, aligning with our previous forecasts. This area has proven to be a strong demand zone, where buyers seem poised to initiate a retracement, potentially driving the price higher. Currently, the EUR/GBP pair remains within a consolidation phase. However, market sentiment indicates...
The price is currently reacting off the pivot and could potentially rise from this level to the 1st resistance level which is a pullback resistance. Pivot: 1.13180 1st Support: 1.12268 1st Resistance: 1.14032 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
EUUR/GBP is reacting off the pivot and could potentially reverse to the pullback support. Pivot: 0.84419 1st Support: 0.84164 1st Resistance: 0.84589 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.84600 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84600 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.27600 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.27600 support and resistance area. Trade safe, Joe.
GBP/USD Analysis: Bearish and Bullish Scenarios with Key Levels and Expected Price Movement The price is expected to trade in a bearish zone due to its stabilization below the pivot line at 1.28770, with an initial target of 1.28190. Bearish Scenario: As long as the price remains below 1.28770, it is likely to drop to 1.28190, and further declines could...
hello dear trader With today's news, in my personal opinion, the upper and lower liquidity areas will be filled... After the Engulf of each area then correction, I am waiting to take a position stop loss need for any position good luck
The GBP/USD pair is currently retesting a previous strong supply area, with the price in an overbought condition. This situation presents a compelling opportunity for a bearish position for several reasons: 1. Overbought Condition: The price has reached an overbought level, suggesting that a reversal or pullback could be imminent as buyers may be exhausted and...
Pattern H4. BUY 1.1436 | STOP 1.13.80 | TAKE 1.1510
GBPCHF - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long GBPCHF Entry - 1.1342 Sl - 1.1287 Tp - 1.1436 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Here is our detailed technical review for GBPCHF. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.135. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.143 level soon. P.S The term oversold refers to a...
Looking to go short on cmp 1.2867 Targets: 1.2822 & 1.2775 Stops: 1.2918
Intansive trade. BUY 1.1330 | STOP 1.1255 | TAKE 1.1445-1.1476
H4 - Bullish trend pattern Currently it looks like a pullback is happening Until the two strong support zones hold my short term view remains bullish here.
GBP/USD to Track 100-MA Slope? On Wednesday, GBP/USD traders will focus on the UK's July Manufacturing and Services PMI, expected to show slight increases. Although, more significant events will come from the U.S., including the annualized Q2 2024 GDP and the PCE Price Index. The Fed's preferred inflation gauge likely cooled in June, suggesting its efforts...
Greetings, Dear friends, I hope you are well and have a week full of successful and profitable transactions. I haven't been in the service of the companions on the Trading View platform for a few weeks because I was completing an educational resource. I hope I can make up for my absence from now on, but if I see a valuable market, I will share it with you. The...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.84300 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.84300 support and resistance area. Trade safe, Joe.