Ethereum's (ETH) price continued a sideways movement on Thursday as the market still awaits a trigger. Ethereum isn't alone in this horizontal trend; several major index funds have also traded sideways, underscoring ETH's positive correlation with the traditional financial market.
Despite the recent launch of spot Bitcoin (BTC) ETFs in the US, Ethereum's...
FX:GBPUSD
GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the...
The trend is your friend! I agree but the trend is also meant to be bought at the low and meant to be sold at the high.
We have used the Fibonacci to determine that buying is a high-probability trading decision this morning.
We have seen a pullback into the buy zone on the 15 Mins chart.
The area of Targets are:
1.] 1.2392
2.] 1.2468
Stop at the LOD: 1.2330
Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block.
Like, comment and subscribe to be in touch with my content!
This pair is currently in a bearish trend, but I anticipate a potential reversal near a major demand zone around 1.23000. While we wait for price to reach this level, I'll be monitoring for a minor retracement back to the recently formed 4-hour supply zone.
Once the retracement occurs, I'll be looking for selling opportunities in line with the prevailing trend...
Welcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello traders, on account of US Dollar demand across the board due to news about the escalating Iran-Israel conflict, GBP/USD fell quite rapidly during the Asian Trading session on Friday.
However, in the 4-hour chart, we can see that the price is currently at the lower trend line of the price channel. So, if the lower TL holds, traders can consider going long...
H1:the GBP/USD remains on the defensive below 1.2450 ahead of UK Retail Sales data
The GBP/USD pair remains on the defensive near 1.2430 during the early Asian session on Friday. The downtick of the major pair is backed by the stronger US Dollar as the strong US economic data and hawkish remarks from the Federal Reserve officials have triggered the speculation...
In this video, I'll provide a comprehensive analysis of the DXY and GBPUSD, offering insights into what to anticipate in tomorrow's trading session. We've reached a crucial juncture on both the DXY and GBPUSD charts, so what lies ahead?
Stay tuned for valuable insights, and feel free to leave any questions in the comment section below.
Kind Regards,
The_Architect
GBPUSD held above the lower boundary of the descending channel as well as support and dynamic support.
The chart repeatedly failed to break the nearest support.
The price formed a bullish takeover.
We think that the chart is ready to bounce off the support.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for...
Hello traders, the 1.24 level has remained unbroken so far in GBP/USD. There have been quite a few bounce-ups from this level. GBP/USD rose up by 70 pips after touching the lows at 1.2407.
However, the small bullish impulse has meet with the hourly resistance at 1.2480 level and moved lower. So the immediate hurdle for the bulls is at 1.2480 level . Bulls need...
I am going long on GbpUsd as it is bouncing off a support zone and has broken the 1 he trend line. My setup will be invalid if it falls and breaks below the support zone
GBPUSD - Feb. 19th, 2024
By request.
BUY/LONG ZONE (not shown): Starts at 1.26250, adjustable to channel low.
DO NOT TRADE/DNT ZONE (not shown): 1.25910 - 1.25250, adjustable to channel levels.
SELL/SHORT ZONE (not shown): Starts at 1.25910, adjustable to channel high.
Weekly: Bullish
Daily: Bearish
4H: Bullish
1H: Bearish
Weekly: Bullish, bearish if there's a...
GBPUSD FX:GBPUSD - Mar. 12th, 2024
BUY/LONG ZONE: 1.27970 - 1.29425
DO NOT TRADE/DNT ZONE: 1.27550 - 1.27970 (Extended area would be 1.26950 - 1.27970)
SELL/SHORT ZONE: 1.25355 - 1.26950 (Extended area would be 1.25355 - 1.27550)
Weekly: Bullish
Daily: Bullish
4H: Bearish
1H: Bearish
Previous bullish target is shown and for the visual I did extend it on the...
