GBPUSD: The British Pound has additionally corrected withinside the quick term. Currently, this forex pair is keeping across the aid degree on the 1.2690 area. However, with the modern-day fashion and downward pressure, it's miles probable that GBPUSD will penetrate this aid quarter to a deeper fee variety across the 1.2640 area. You can recollect keeping the...
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Bias is Bullish, overall. Price has formed several +FVGs on the way to the DOL. Potentially, a pullback to one can propel price higher to the draw on liquidity at 1.2810. I do not think price pullback further than this +FVG at 1.2745. This is also the location of the Volume Imbalance seen on the Daily TF.
**Monthly Chart** Last month closed as a bearish candle after making a new low, just to move back into a consolidation range that was formed at the beginning of this year. This month's candle (which is still active) opened within the range and started moving higher. We will see a clear direction after the close of the monthly candle by the end of this week....
Last week, the Pound Sterling (GBP) and the US Dollar (USD) exchanged minor gains, with the GBPUSD pair surpassing 1.2750 for the first time in two months. Notwithstanding its robust commencement to the week, the Pound Sterling encountered challenges in the face of a resurging US Dollar, ultimately accumulating moderate gains and perpetuating the preceding week's...
Bias is Bullish. Came very close to the DOL, and barely missed the FVG. I expect both will be tapped next week. The IFVG, price trading through the swing high, and the +FVG, are multiple confluences that support the idea that price will find support at these levels and continue higher. Expecting price to tap the +FVG before heading higher. Thank you for...
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Last Friday up D1 bar for GBPUSD had a lower shadow and closed near the top, showing good buying pressure. Before that, bar D1 decreased but created a bullish pinbar, also showing buying pressure. The recent price behavior of GBPUSD D1 at this resistance suggests the possibility of a breakout from the most recent peak to establish an uptrend again. GBPUSD H1...
GBPUSD bought near 1.27000. Relying on the room for the dollar to fall FX:GBPUSD OANDA:GBPUSD FOREXCOM:GBPUSD
GBPUSD has its third consecutive day of increase, but is showing a slowdown as the price creates a Spinning Top candlestick pattern around the old peak. GBPUSD D1 needs a breakout from this peak if it wants to establish an uptrend again at D1. After surpassing the old peak to reestablish an uptrend in H1, GBPUSD moved into a sideways phase in the trading range....
FX:GBPUSD GBPUSD is far over from swing selling yet, our previous idea closed on breakeven, we now expect price to grow and grow big in soon time. However, we do not expect price to rise in days but in weeks or months we can see price to growing to newest higher high of the year. We ask all of you to maintain utmost risk management. **If you like our work...
On Friday , The GBPUSD experienced Significant volatility leading to a notable Uptrend moment. This Action in the formation of a low Resistance liquidity Zone, indicatating minimal resistance for the price moment through This level. Additionally the price left relatively equal low, suggesting the pressure of H4 sell Stop.
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Everyone must have seen yesterday’s analysis. Both GBPUSD and EURUSD are in line with my expected decline range of 500-1000. The US dollar also reached a high of 105.5. Oil is back at buying prices. Gold has also come to a profitable price. At present, I simply observed the market. There is currently no better opportunity to earn the difference in gold or oil...
GBPUSD extended the series of increasing prices, creating the strongest increasing day after yesterday. The D1 bar structure creates a bullish marubozu model reflecting good buying pressure. At this time, the price is located at an important resistance zone. An upside break from this price peak will help GBPUSD D1 establish an uptrend again. GBPUSD H1 continues...
Hi fellow traders, GBPUSD is ready to make a move higher from the blue box after completing the correction. Target the 1.2725 level. Good luck and trade safe!
The British pound (GBP) took a tumble today after the release of disappointing UK employment data, fueling speculation of a potential interest rate cut by the Bank of England (BoE) in June. The data revealed a rise in unemployment for the second month running. March saw the jobless rate reach 4.3%, surpassing the previous month's reading of 4.2% and confirming...
We are expecting price to hit a psychological level of 1.26000 this week, but we will be taking our partial TP 1.25500 as we continue to ride the bullish trend 📈 FX:GBPUSD