Price trade to a FVG+OB on the 1H Time frame and consolidated and respecting a FVG+OB on the 15min TF. I'm looking for price to trade to the Red Zone (OTE Zone).
GBPUSD New forecast The GBP/USD pair faced additional negative pressure yesterday to break the 1.2406 level, and begins the day with further decline to reach the end point of the negative correction. Therefore ,we still prefer the upward trend and still upward scenario will be remain valid supported by moving average 50that is continue to support the price to...
The trend is always your friend, my plan says that today we are going to go up.
We expect further upside on this pair, signalled by the breakout of the counter trendline. We can also see the breakout, close and retest of price above a key level further supporting our directional basis.
According to my analysis, Buy zone opportunity on H2. Observe the money management and the stop loss. To notify the analysis, follow me and comments, and questions.
My road map to 1.30 . As the US Dollar enters into a longterm bearish trend. The GBP continues to get stronger. Fundamental : The bank of England steadies interest rate. Comment below if you think the GBP will get to 1.30. Thanks for reading my analysis. Disclaimer: Please do your own research, there is no guarantee this analysis will play out according to the analyst.
Looking to go long off of an order block on the 1H TF within the .786 Fib Zone. Basing it off higher TF being bullish, and internal liquidity being swept. Targeting a new daily high.
GBP/USD remains stuck near the 1.2200 level as traders wait for additional catalysts. Interestingly, rising Treasury yields did not put pressure on GBP/USD. If GBP/USD settles above 1.2200, it will move towards the next resistance, which is located in the 1.2370 – 1.2410 range.
GBP/USD faced consecutive losses, trading around 1.2160 in Asian markets on Wednesday. Positive US economic data applied pressure. The pair retreated after reaching 1.2200, the 23.6% Fibonacci retracement level, the 50 and 100-day Simple Moving Averages (SMAs) confirming significant resistance. The 4-hour chart's Relative Strength Index (RSI) dropped to 40,...
GBP/USD is currently trying to settle above the resistance at 1.2180 – 1.2200 as traders bet that Fed will not raise rates again this year. In case this attempt is successful, GBP/USD will head towards the next significant resistance at 1.2370 – 1.2410, although it may also face resistance near the 1.2300 level.
GU appears to be bouncing off the downtrend line looking for upside potential. Gu is holding is ground above the previous trend line this is the 3 target prices we are looking at.
GBPUSD was last trading over 0.2% higher at $1.2202. Investors also digested producer and consumer prices data out of China on Friday that showed deflationary pressures were slightly stronger than expected. "What we've got is a fairly weak growth story (from China), and that's weighing on the price numbers," said Rob Carnell, regional head of research in the...
GBPUSD New forecast The price perfectly fulfills my last idea and price reached to our first target + 80 pip . The British pound against the dollar pair succeeded in touching our expected target at 1.2310, and attempts are being made to penetrate it now, to support the chances of extending the bullish corrective wave and heading towards achieving additional...
OANDA:GBPUSD Dxy is dropping for a retracement, while foreign currencies are going higher for a retracement as well. 15/5m; Price dropped into a discount level, followed by bullish shift in market structure. RR: 5.8
I have not shared ideas in a while. GBPUSD is still in a downtrend but if the possible buy setup present itself I will take it. The trend is likely to change to an uptrend.
GBPUSD Analyze If a price can stable above 1.2281 the direction will be uptrend again to reach 1.2336 , 1.2372, 1.2403 For any reason if the price backs off and stable under 1.2281 , the price will try to reach 1.2247 If can break it then will reach 1.2202and 1.2164 Support line:1.2247 ,1.2202,1.2164 resistance line: 1.2336 ,1.2372,1.2403
Waiting for price to hit the daily support line to go long on GU
divergence on h4 and h1 + 2 trendlines, looks like buy to me