H1:the GBP/USD remains on the defensive below 1.2450 ahead of UK Retail Sales data The GBP/USD pair remains on the defensive near 1.2430 during the early Asian session on Friday. The downtick of the major pair is backed by the stronger US Dollar as the strong US economic data and hawkish remarks from the Federal Reserve officials have triggered the speculation...
If you're interested to trade Gbpusd look for buy opportunities. Set a buy limit at 1.24800
GBP/USD remains under selling pressure above the mid-1.2700s, UK Retail Sales data eyed Given the fundamental outlook, the GBP/USD extended its losses and formed a large ‘bearish engulfing’ candle pattern, increasing the odds for further downside. The Relative Strength Index (RSI) dives further into bearish territory, while the 200-day moving average at 1.2592 is...
as we are late into the break there's still profit to be made in this trend (even if it is a short and snappy one) on a lower timeframe we can wait for the right price and grab a buy at the price stated on my chart and look for a long position! comment below, what you think?
GBP/USD struggles to make a decisive move in either direction and fluctuates at around 1.2700 on Monday. The sour market mood helps the US Dollar (USD) find demand and makes it difficult for the pair to gain traction. GBPUSD SELL NOW. 1.27052 CONFIRM TARGET 1.26219
GBPUSD stabilizing above 1.2172 will support rising to touch 1.2251 then 1.2322 then 1.2417 stabilizing under 1.2172 will support falling to touch 1.2122 then 1.2072 pivot price: 1.2172 Resistance prices: 1.2251 & 1.2322 & 1.2417 Support prices: 1.2122 & 1.2072 & 1.2037 timeframe: 4H
GBPUSD You can find me on tradingview.com Strategy Bullish The British pound held firm around $1.28, staying close to its peak of $1.2848 recorded in June 16th, as hotter-than-expected inflation numbers raised anticipation among investors that the Bank of England would respond to the persistent inflationary pressures by implementing further interest rate hikes....
GBPUSD stabilizing above 1.31000 will support rising to touch 1.31444 then 1.31683 then 1.31988 stabilizing under 1.31000 will support falling to touch 1.2996 then 1.2949 pivot price: 1.31000 Resistance prices: 1.31444 & 1.31683 & 1.32248 Support prices: 1.2996 & 1.2949& 1.2885 timeframe: 4H
The price broke the resistance trend line and mitigate the OB on the POI level then had to reverse from bullish to bearish downside move. Note that as a second confirmation, the last buy/bullish candlestick broke the previous high and failed to be a break of structure because the candlestick closed below the trend line sweeping all the liquidity then we are...
Minor trend for wave C , sub div into 5 waves , in wave 3 sub div into 5 waves , currently we are in wave 4 of wave 3
GBPUSD Uplink formed The main goal is to buy from the support level for the next week ❤️ If you find this helpful and want more FREE predictions on TradingView . . . . . Please show your support . . . . . . . . Click the 👍 LIKE button . . . . . . . . . . . Leave your feedback below in the comments! ❤️ I use all my transactions in real trading in my account, my...
GBPUSD time to buy The new prime minister new economic policy to strengthen the national currency of the UK to see its price increase
Price broke out the pattern already, l'll be looking for a correction to occur before entering.
Price tested the resistance zone for the third time, but it did so impulsively in the 1HR timeframe, but on the bigger timeframes a continuation pattern to the downside is almost established. I will be looking to sell once price breaks support.
GBPUSD Selling with a level breach ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now,...