Here on gbpusd price has made a rebound around psychological levels of of 26500 and helding moving up . SO going for LONG is expected and targeting profits should be around 27000 levels.
This week, my bias for GU is aimed at observing a return to a demand level to sustain a short-term bullish trend. With the recent upside break in price structure, a fresh demand level has emerged, potentially signalling a bullish upturn.
I'll be monitoring for a Wyckoff accumulation within my point of interest (POI) before considering buy positions. These buys...
GBP/USD pierced through 1.2700, where the 50-, 100- and 200-period Simple Moving Averages (SMA) on the 4-hour chart are located, and closed the last 4 4-hour candles above that level. Meanwhile, the Relative Strength Index (RSI) indicator rose to 60, confirming the bullish tilt in the short-term outlook.
On the upside, 1.2780 (static level) aligns as interim...
By traders gbpusd is in up trend we are
monitoring buy gbpusd
gbpusd will restrest again then it will fly
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Based on our previous analysis in which we mentioned Elliot wave we can see that price keep going toward the Elliot wave so take profit should be at 26500 or 27000 psychological level
The dollar edged lower in early European trade on Thursday, with risk sentiment buoyed by Nvidia's strong earnings, while traders awaited the release of business activity surveys. important for finding clues about the health of the global economy.
At 04:10 ET (09:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was...
Here prce drop and want to make another move which we are expecting to go LONG and our targeted profits should be at psychological of 27000 , 27500 and 28000
Hey traders gbpusd is in up trend we are monitoring buy gbpusd
Gbpusd will retrest again then it will fly
Soo my point of view gbpusd is strong in up trend
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GBPUSD is currently trading in a descending channel, creating a bearish harmonic pattern.
The market is testing the upper border of the channel and the major resistance level.
Price created the confluence level to short the market.
We expect a bearish move since harmonic patterns work greatly in consolidating markets.
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Hello Traders, here is the full analysis.
The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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Here the market has made a rebound around psychological levels of 26000 so now double bottom has formed and ready to move up again so targeting profits should be level of 26500 for TP1 , 27000 for TP2, 27500 for TP3 and 28000 for TP4
Hello Traders!
This is my forecast related to GBPUSD H1. I see a bullish market at the moment, that's why I expect that PWH will be taken. Until now, we can see only HH and HL, meaning that we are in a bullish market.
It's a good opportunity to look for long entries, as the bias according to this scenario is bullish.
Traders, if you liked my idea or if you...
Not surprising to see the upside this morning, and caught a decent amount of positions. 1.15 for extremely long target, not thinking about speculation at this moment.
Based on our previous analysis which was a double bottom price actually hits the TP1. so now remaining TP2, TP3 and TP4. So the buy should be around psychological level of TP1 and targeted profits should be around psychological level of TP2 , TP3 and TP4. So is expected to use money management.
GBP/USD remains on the back foot below 1.2600 in the European session on Tuesday. The US Dollar finds haven demand amid a dour mood while the Pound Sterling stays anxious ahead of BoE Governor Bailey's testimony on the Monetary Policy Report before the UK Parliament.
GBPUSD buy price 1.25925
TARGET. 1.27000
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Look at daily timeframe we can see that market is in uptrend and have crossed psychological levels of 26000 and now continue it upward moment meaning that buyers are still in control. So it expected to go for LONG and targrted profits should be the psychological levels marked the area TP1, TP2, TP3 and TP4 . It also nice to use money management
![GBPUSD: Gbpusd ( H1) analysis [Read the caption]](https://s3.tradingview.com/t/T4qbAHxs_mid.png "Gbpusd ( H1) analysis [Read the caption]")
![GBPUSD: Gbpusd price is ready to fly [Read the caption]](https://s3.tradingview.com/p/PNcYTtRI_mid.png "Gbpusd price is ready to fly [Read the caption]")
