Chart Overview: Within the intricate interplay of the GBPUSD pair, recent market dynamics have been both intriguing and revealing. The 30-minute chart sheds light on the trends and patterns that have defined the price action in the short term. Support Level 1 at 1.26740: At the foundation of the recent price movements lies the support zone at 1.26740. This level...
Hello and good time, In the GBP/USD currency pair on the 4-hour timeframe, we can consider a short trade. As shown in the chart, I have highlighted two possible price movement patterns: 1) If the price initially reaches its red base, you can enter the trade if there is a trigger. 2) If the price initially reaches its green support base and then touches the red...
GBPUSD is sideways moving in a range The GBPUSD traps the price and will move from 1.2780 to 1.2620 from August 1 to date. The US Dollar gained in the last few days, so the GBP index is also in a strong position. The possible positions will be buying and the market will respect to its demand Zone and go ahead to touch 1.278 The possible trading setup is as...
Here I give you my thoughts on All Euro and GBP pairs. What I think I might be getting into for the upcoming week. I show you a few of my techniques for spotting entry opportunities and how I made $100k in profits in just one week alone.
Embarking on a successful forex trading journey requires understanding the intricacies of technical analysis, much like deciphering a treasure map. In this succinct analysis, we delve into the 30-minute chart of GBP/USD, unveiling pivotal support and resistance levels that offer traders valuable insights into their strategies. Support Level 1: 1.27112 Our...
Dear Traders, hope you are doing great, we have update on GBPUSD, price is still in bullish range. View on DXY is bearish alongside GBPUSD has formed AB=CD pattern indicating a further upward movement.
Journey into the dynamic realm of forex trading with us as we dissect the GBP/USD 30-minute chart. This exploration unveils critical technical levels, shedding light on significant support and resistance areas that can steer your trading decisions. Support Levels: 1.26818: The initial bastion of support. A potential bounce from this level could signal a shift in...
gbpusd made a divergence last weak on NFP and broke the little area and went straight up now market is back to retest the broken area and look for bullish confirmation on lower time frames and buy gbpusd apply your own money management
GBPUSD Daily Momentum is Bullish But H4 Pullback was Expected till this POI Zone as Highlighted. Lets Wait MSS at M5 or M15 and then Find Entry.
Hi fellow traders, GBPUSD looks ready for a buy opportunity from the blue box area after completing this ABC correction. The trade will be invalidated if we break the red line. Target the resistance levels. Good luck and trade safe!
#GBPJPY price have been on floating price which can make decline to head below 182.10 to 181.70 but firstly we need the pair to rise back above 183 for a little confirmation on selling because the risk/reward ratio is 1.01 which have a floating P/L of -0.198 and a possible stop of 1.012(0.55%) we expect the price to sell down below 181.70 when it head back 183 limit.
hello dear trader this price action for GBP on 15 time frame ... these leveles draw with great attention... i am waiting for another Lower low for buy step one on GBP and sell it on the higher high (HH) in the chart.... after this wanna buy step 2 after pull back in supourt area ... stop loss need for any position good luck
It is important to note that Fed Chair Jerome Powell recently stated that the economy still requires a slowdown and weakening labor market in order for inflation to confidently reach the 2% target. Additionally, the latest macroeconomic data from the United States indicates a remarkably resilient economy, leaving room for one more 25 basis points rate hike by the...
📈 GBP/USD Analysis 📉 🔍 Higher Timeframe: Bullish 🎯 Refined Zones & Direction: Confirmations Needed on Lower Timeframes (M5, M15) Hey traders! 👋🏼 Here's an update on GBP/USD: 🔹 Higher Timeframe (H4 and above) analysis indicates a bullish trend for GBP/USD. This suggests that the overall momentum is favoring the upside. 🔹 However, it's essential to exercise...
Watch out for this guys. Enter the market once you get your confirmation and thank me later. cheer.
Quick buy following the trend intraday. This is assisted by the 1min chart and consolidation zones. Opinions?
I still believe for GBPUSD to fall back to its support to complete the trend after the climb in the morning. So i considered both the targets to be hit.
hi dear trader wich one better for buy gbp my road map ... i am waiting for breakout downtrend channel ... stop loss need for any position goood luck mehdi