FX:GBPUSD OANDA:GBPUSD Hello Traders, please check out my previous ideas. If the Pound stabilizes above the weekly Bollinger midline, the bearish scenario won't be fellfield. In the bearish scenario, the price can fall to the yellow zone. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you...
GBPUSD is now heading towards an important level after breaking the recent small head and shoulders support/neckline around 1.25900, we expect the price to fall at the market open to this level at $1.23250, basically the market has already had broken the ascending channel at $1.27900 due to the head and shoulders formation. The "Head" - @1.31280 and shoulders...
GBPUSD is one of the trading pair. By looking on the current structure on chart we can say it's below the major trend. And also reaching to the high demand zone. There is a good possibility it will be bouncing back from here because of Reason : 1. RSI is in oversold zone. But don't have good strength so buyers will start making positions here. 2. Zone has...
The GBPUSD has been experiencing sustained downward pressure, and I believe this trend is likely to persist in the foreseeable future. Nevertheless, there appears to be ample potential for a substantial retracement. Currently, we can see evident on the chart, a slight pullback, and I'm actively seeking an opportunity to capitalize on this retracement. In the...
Today, GBP is bearish due to it's news perform L.H and LL last few days. We should wait for a good entry point after the market is exhausted. Another important factor to consider is the CPI for USD, which will also impact the market. Next Liq Zone. 1.23952 Price create this level as support 05 to 07 June. Price test this support to move further upside. Price...
Next likely resistance for GBPUSD is 1.239, a swing trade is suitable for this trade - aim to reach target by end of next week
GBPUSD - D - Movement Prediction and forecast idea in medium term. level to Buy in zone.
heloo guys gbpusd in my idea is sell stop loss on this order very small trade and enjoy it this structure setup by my strategy please support me by like and comment
✔️GBPUSD is expected to rise ✔️Recommended to consider buying from the balance and premium level 1.2460 & 1.2435 Zone ⚠️Buy the dips!!!
Hello, according to my analysis of GBPUSD pair. There is a good opportunity to buy, as the pair broke out of the descending channel and broke the double button pattern. Breaking the resistance at 1.25000. All these factors confirm buyers' control over the market. Good luck everyone
Looking on the charts, im going to aim for a long position on GBPUSD. On the 4hour chart, previous wicks rejecting more downside as it looks. Also we are in a nice orderblock area and resistance area Going for a buy limit around 1.25785 Stoploss: 1.25451 (just below the last longest 4h previous wick) TP1: 1.27089 TP2: 1.28650 TP3: 1.29090 If it would fall below...
On the Weekly time frame, the last two daily candles closed below the EMA-200 dynamic support in a descending price channel within a monthly falling wedge. There was a breakout of the falling wedge which under normal circumstances would have been a bullish start at the base of it, but this decline was as a result of the rising DXY index over the week past. The...
Dear Traders, USD has been strong lately and market has been messy due to recent economic data, however, after todays strong GBP news we think in coming weeks GBP will be extremely bullish whereas we expect DXY to remain bearish for longer term. Let’s wait and see how it works out. Our main aim here is to wait for price to come to our area which has higher...
Hello traders, Here is my EW Analysis of the GBPUSD Currency pair. Market Sentiment and Wave Count: My bearish sentiment on GBPUSD remains intact as the price continues its downward movement, It is important to note that the price recently encountered strong resistance at the 1.2746 level, a development that underscores the strength of sellers in the...
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Completed " ABC " Correction in Corrective Pattern " Symmetrical Triangle ". We have Bearish Channel in Long Time Frame , If it Reject from Fibonacci Level - 78.60% or We have a Break of Structure then we can Buy after Bullish Confirmation Price Action
GBP/USD Short Trading Opportunity 1. The price is below Trend Magic Indicator. 2. US Dollar Index DXY yesterday broke the level and the uptrend continues. 3. RSI indicates more downtrend power. 4. Retail trader data shows 60% of traders are net-long. Strong contrarian short signal. SL - above the Trend Magic Indicator line TP1 - on the 200-SMA TP2 - 1.2320 Keep...
GBPUSD, have been bearish for longer period now, and it is expected to remain that unless the GBP data comes out to be positive. What we have here is an excellent opportunity to buy for shorter term.