Here gbpusd has made a rebound around a pyschology level of of 26500 and showing a selling signal . So it expected to sell and target profits should be around 26000
The US dollar rose to a one-month high on Wednesday on shifting market expectations for interest rate cuts and weak economic data from China. The dollar index, which measures the dollar's value against a basket of currencies, rose to 103.58, its highest since December 13th. This increase follows Tuesday's 0.67% rise.
The dollar's rise was fueled in part by...
In terms of trading analysis, I am a strong advocate for taking a long-term approach and striving to gain the best possible insight into where the market may be heading in the coming quarters (and in some cases even further ahead) .
Identifying the overall direction of the market is a critical factor not just in positioning oneself for high-percentage gains but...
Hello Traders!
This is my idea related to GBOUSD M30. I see a small retracement and I expect an increase until the OB marked above.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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Follow, like, and comment to see my...
The GBPUSD daily chart suggests a confirmed downside break of market structure. While a healthy retracement is ongoing, the 50-61.8% Fibonacci retracement zone offers a possible shorting opportunity if price action confirms on a lower timeframe (e.g., 15m / 5m). Targets lie at the current candle low and prior daily lows (refer to snapshot).
Please note: This is...
Like EurUsd, also GbpUsd failed to break above resistance and reversed.
Yesterday's drop cleared the ascending trend-line and now the pair is exactly in support.
A break under looks imminent and continuation to 1.25 is the most probable scenario.
In extension, swing traders could look at 1.2350 support as the target.
Sell rallies, ideally around 1.2650-1.2670...
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.
GBP/USD stays above the lower limit of the ascending regression channel and the Relative Strength Index (RSI) indicator moves sideways above 50, pointing to a bullish bias in the near term.
Always follow My idea
GBPUSD BUY NOW 1.26582
CONFIRM Target. 1.27520
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.
The dollar steadied in early European trade on Friday as investors focused on mixed U.S. consumer inflation data and the potential impact of the FBI's interest rate cut. Future Federal Reserve System.
As of 4:25 p.m. ET (9:25 p.m. Japan time), the dollar index against a basket of six other currencies was trading steady at 102.022, down from Thursday's high of...
GBPUSD hit resistance around 1.2780 but there is no sell signal yet. If so, everyone can consider trading. The upward momentum weakens when approaching this resistance area, so you can sell it.
But if in case the price increases strongly and breaks the resistance, it is possible that the peak area will also be broken, then the trend will return to an uptrend, our...
Although down, last Friday's D1 GBPUSD bar has the form of a bullish pinbar pattern, showing buying pressure from below. Right in front is also a bullish pinbar. Although it is moving sideways and accumulating in the inside bar model, GBPUSD D1 is putting pressure on the upper border, easily leading to a break to the upside.
The accumulation structure with upward...
GBPUSD gave us more upward price action to finish last week and thus far has failed to break the neckline. The Weekly chart shows two wicks over the 200EMA, but not a clean break. Should we short here?
How do we trade this? 🤔
We do not yet have the justification to short for several reasons. Most important, we're lacking a confirmation bar below the 200EMA. We...
GBP USD has formed a symmetrical triangle.
To get an entry we must wait for a break out of the pattern and a retest of the previous low that was created.
Your thoughts on GBP USD ?
GBPUSD has made a double buttom around pyschological level of 1.27500 show that market might continue moving up. Look at overall chart we can see that whole trend is up so that there is higher probability that price will go up. So it expected to buy at buttom of the the candle set stoploss below the buttom and target a profit at pyschological level of 1.28000
