Greetings Traders! Current Market Analysis: At present, I am observing bullish institutional order flow stepping into GBPUSD. The key evidence for this bullish momentum is the support provided by the bullish order block, an institutional support zone. Additionally, the price has filled the liquidity void preceding the order block, further reinforcing its...
Greetings Traders! Current Market Analysis: At present, GBPUSD is reacting to a strong institutional resistance point aligned with an M15 bearish order block. The strength of this order block is due to the inefficiency (liquidity void) preceding it. Additionally, this order block is in conjunction with an H4 breaker block, a significant institutional...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPUSD is moving in a descending channel between the trend lines. The price is above the lower boundary of the channel and has already reached it. The chart reacted with a decline on touching the dynamic resistance. We expect a rebound after the retest of the channel boundary. ------------------- Share your opinion in the comments and support the idea with a...
The GBP/USD continues to decline, hitting a one-month low below $1.2700. Factors contributing to the British Pound's weakness include declining inflation expectations, potential policy shifts by the Reform Party, and broader economic uncertainties. Amidst indications of a possible rate cut by the Bank of England this summer, both inflation and the labor market...
Greetings Traders! Current Market Analysis: At the moment, GBPUSD is exhibiting a clear bearish institutional order flow. Our primary focus is to identify selling opportunities that align with this narrative. Here’s how we plan to approach the market today: Key Observations: Institutional Order Flow: We are entirely bearish, so our strategy is to find...
Ethereum analysis daily and 4H time frame The pound could correct up to the daily demand zone and move to higher targets from there.
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: As we can see here price broke the structure and now I will look for short position. If price continues the retracement and fills the imbalance higher, then rejects from bearish order block, I will open a short. Fundamental analysis: This week on Wednesday (GMT+3) we will see results of CPI...
GBPUSD plummeted below 1.2700 as risk aversion affected most currencies, with the exception of safe havens such as the Greenback. Political instability in Europe caused the Euro to decline against the Swiss Franc, while the GBP/USD exchange rate fell 0.65% and traded at the lowest level of 1.265 last Friday. Next week will definitely be a volatile week because...
GBP/USD closed in negative territory on Thursday, snapping a three-day winning streak. The pair appears to find support on Friday around the 1.2660 area, a key level that could mark the beginning of a bullish rebound. Several technical indicators suggest a potential upside move from this support zone. The 1.2660 support area has emerged as a critical level where...
GBPUSD recently broke the rising channel; wait for a retest then we go for shorts.
The Pound Sterling (GBP) continued its decline against the US Dollar (USD) for the third consecutive trading day on Monday. The GBP/USD pair is currently hovering near its monthly low, around 1.2660, as the Federal Reserve’s (Fed) hawkish stance on interest rates maintains the US Dollar's strength. Fundamental Analysis Federal Reserve's Interest Rate Outlook...
The Bears has shown some significant strength in the market last week .. thereby causes an overall structure to be bearish.. i will be looking for the bears to continue on the downwards move if i get a retracement at around 1.27500.. but before that i will be looking to for a shorterm long position with a confirmed entry to the awaited zone. FX:GBPUSD
GBPUSD: The British Pound ultimate weekend additionally fell underneath the 1.2700 threshold and broke the growing channel structure. Therefore, the anticipated state of affairs is that EURUSD will go back to accumulation fame with a fluctuation variety from 1.2640-1.2750. You can don't forget prioritizing a few alternatives ready to be offered with GU today.
The U.S. dollar made a strong comeback on Friday as the latest economic data revealed a much higher job creation rate than anticipated. The U.S. economy added 272,000 jobs last month, significantly surpassing expectations. This robust job growth suggests that the Federal Reserve might delay starting its easing cycle this year. Additionally, the average hourly...
Hello traders, we want to check the GBPUSD chart. The price has broken the upward trend line, but we still cannot say that the trend is downward. Currently, we have two scenarios in front of us. The first case is that the price cannot break the specified support level and the price stays in a suffering zone for a while. And the second case is that the price can...
My bias for GU this week is to look for sell opportunities. I expect the price to react from the current demand zone I identified last week, which should trigger a pullback towards the supply zone. Once the price reaches either the 10-hour or 12-hour supply zone, I will look for a Wyckoff distribution on the lower time frame and a clear shift in trend, indicating...
Look at the GBPUSD chart to find entry opportunities that are supported by several advantages supporting the setup. I saw that after the increase GBPUSD tried to retest its demand zone. This will support the Buy setup with some supporting data if the price: 1. Trend is still bullish. 2. Price enters the RBR demand zone 3. In the demand zone there is...