Hello Traders! This is my forecast for GBPUSD H1. I expect DXY to be continuously bullish, that's why I will look for a short entry on GBPUSD. I expect to see that PDL will be taken. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to...
I still maintain a bearish outlook on GU; however, there's significant liquidity gathering around the marked trendline above. Consequently, I anticipate this liquidity to be taken out first, creating a CHOCH to the upside. Once this transition occurs, I expect a retracement back to the newly identified 4hr demand zone. This temporary upward movement is envisioned...
Hello traders, we want to check the GBPUSD chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to act as a resistance level and the price will drop to around 1.26000. Good luck.
As the price still in uptrend and have not yet breaking the support so eye will keep on going for LONG and then wait for the profits at the resistence level . So price is likely to keep moving up. So it expect to to buy when ever the price make a support at lower timeframe like 15mins
Here price has moved to the psychological level and now want make another move so we be expecting going for LONG and targeted profits should be around TP2, TP3, TP4
Hi guy's this is my overview for GBPUSD Feel free to check it and write your feedback In comments Some time ago price traded near resistance Level which coincided with resistance zone And later entered to wedge In short time price rose to resistance Line 9f wedge and recently it bounced Down to support line Give us like and support with advice comments
Here the price has touched psychological level after the drop down so at point we be expect another buy as the markets is still in uptrend , So therefore our LONG should be around the psychological level which is TP1 and targeted profits should be TP2 , TP3 and TP4
Here the price has been in uptrend and break a support line were by forming a resistance at psychological level of 26500 so that means is more SHORT are expcting to drop at levels of 26000 . After then next decision can be made
Hello everyone! - Here's my view on GBP/USD: - We have liquidity. (Recovery and Accumulation!) - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong USD. Particularly thanks to the very positive NFP for the US, among other factors! 10Y T-Notes have...
Hey there! I'm selling on GBP/USD: -RMID (Range Manipulation Initiation Distribution) -We have liquidity uptake. -We have an interesting zone. -We have the optimal Fibonacci. -We have accumulation before/on the zone. -We are with the trend. The GBP is likely to start depreciating due to the UK entering a recession! And the USD, on the other hand, is the...
Market participants are eagerly awaiting fresh guidance on Bank of England (BoE) interest rates as uncertainty lingers over the timing of potential rate cuts. Speculation suggests the central bank might consider reducing interest rates in the early part of the second half of the year, with the likelihood of a rate cut in the June policy meeting currently below 50%...
Price has touched the psychokogical levels of 26500 and now about to move so it expected to buy at that level then wait for the next move of the market . So it expected to set a stoploss below the psychological levels of 26500 now move target another profits at levels of 27000.
"Hello everyone! - Here's my view on GBP/USD: - We have liquidity. (Recovery and Accumulation!) - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong USD. Particularly thanks to the very positive NFP for the US, among other factors! 10Y T-Notes...
Here on GBPUSD price has move to a certain levels of psychological of 26500 now continue it upward moment . So going for LONG is needed around level of 26500 and targeting profits should be around 27000.
Hey there! I'm selling on GBP/USD: -RMID (Range Manipulation Initiation Distribution) -We have liquidity uptake. -We have an interesting zone. -We have the optimal Fibonacci. -We have accumulation before/on the zone. -We are with the trend. The GBP is likely to start depreciating due to the UK entering a recession! And the USD, on the other hand, is the...
"Hello everyone! - Here's my view on GBP/USD: - We have liquidity. (Recovery and Accumulation!) - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong USD. Particularly thanks to the very positive NFP for the US, among other factors! 10Y T-Notes...
Here on GPBUSD price has been dropping but the trend is uptrend therefore we be going for LONG at psychological level 26000 then our targed profits should be at psychological level of 26500.
🚨 GBP/USD Update OANDA:GBPUSD 🗓️ Date: 25 February, 2024 ⏰ Timeframe: Daily 💡 Given in the chart – ♦️ Blue color -(Descending Triangle ) = D1 ♦️ Red color -Resistance Level = 1.2714 ♦️ Green color -Support Level = 1.2528 The currency pair did not see any good movement in the last week i.e. February 18-24. This is mainly due to the lack of publication of any...