GBP/USD GBP/USD continued its technical correction rebound in the short period and climbed above 1.190.However, from the daily line, although GBP/USD has rebounded significantly, it is not enough to change the daily short trend, indicating that the overall trend of GBP/USD at a large level is still weak.In the 4-hour chart, the short-term sustained rebound...
Currently, the market is still fluctuating within the support range, and overall it remains somewhat weak. However, there has been a significant decline recently, and regardless of the variety, it is almost certain that there will be a rebound after a major drop, with the difference being the size of the rebound. Therefore, the current trading strategy is to...
he GBP/USD pair is facing downward pressure, with bears attacking the 1.2000 psychological level over the past three days. Brexit-related challenges and a rally in US Treasury bond yields are contributing to the decline, although there is limited action in the market ahead of the London open on Thursday. The Telegraph reported that the Democratic Unionist Party is...
my prediction is sell to buy side liquidity . we have liquidity both sides buy according to trend we need first , buy side liquidity. good luck.
After a major impulsive phase last week where we bagged some pips. I expect a little pull back at this support level and i have also marked my entry zone. But if price breaks the support and continues to move downward, i will wait for a pull back re-adjust my entry and find a sell position. GBPUSD is bearish on higher time frame, i'm just basically looking for...
While I am currently bearish on GBPUSD in the short term after it broke below the support trendline on the daily timeframe, the price has also pulled back and retested the breakout zone. However, there doesn't seem to be enough selling pressure to push the price down further at the moment. I am anticipating more bearish impulsive selling in the coming days....
A great possibility that GBPAUD continues this bearish trend here. Price is sitting at a level of resistance, that was once support, and also a 38.2 fib level
If we see the entry signal in this zone with the set loss limit, we will enter the matter of the degree of ascent, but keep in mind that this signal is used in the upper periods, so you must be patient enough, but if the goals are achieved, there will be a good profit.
I am bearish on FX:GBPUSD . Broken trendline and crossed EMA. My target is identified CPI news and events this could invalidate this setup, but we have to wait for confirmation What's your bias? Kindly like and comment below
US producer prices, manufacturing and housing data in focus No miracles will be expected for US housing data given the Fed’s hikes, but it will be interesting to see if the Philadelphia Fed Manufacturing Index contracts at a much faster pace, like the NY State Empire equivalent did yesterday. And with US retail sales hitting a near 2-year high and inflation...
Gbpchf has been lurking the Support level for quite some time now and GBP on the other side is very weak. A selloff is in sight to mitigate the Weekly demand as we have on the chart.
This is a personalized analysis based on trends, strength of drives and potential moves.
Traders, here is GBPAUD short ideas if you find useful my idea please appreciate by like.
gbp is in a falling trend, here after forming a dp Im ready to see a fl (a pullback to engulfed fl) after this pullback price is ready to short to origin and then I think there would be rising triggers for long gbp
GBPUSD has created double top & a re-test of the bearish-order-candle likely to cause the pair to revert to its mean... N.B! - GBPUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #gbpusd #cableEEKLY
GBP/USD had a nice breakout last week ... and now still looking good to the downside ... any pullback is again another great opportunity to make money to the downside. Goodluck guys and happy trading!!!