Hello Traders! This is my idea for GBPUSD H4. At the moment, I see a well-constructed bullish channel and I expect a retracement from the channel resistance level where we have an OB, another resistance level, and an FVG. It represents a good opportunity for Short Trade execution on a smaller timeframe and Long Trade execution on a higher timeframe. Traders, if...
GBPUSD is waiting to gather inducement. Wait for the price to grab the inducement and come to next demand zone for confirm long entries. As the price has already given a break of previous structure which confirms its bullish trend. Happy Trading
Hi traders I'm looking at another short opportunity here. I'm waiting on the 5 min timeframe for a bearish price action pattern. Keep in mind that this is still counter trend. As always caution and trade management is needed.
As we approach the end of 2023, GBPUSD is currently testing a significant resistance level that has proven to be a formidable barrier in the preceding months. Looking ahead to 2024, my expectation is for the price to breach this resistance and sustain the upward momentum, targeting a level around 1.31328. It's crucial to acknowledge the potential for a rejection...
Pound has given a clear Break of Structure. You can take long trades from here Happy Trading
Hi Traders. This pair is overbought, RSI and a 4H doji candle. If we can get a break below on the hourly i'll looks to ride this pair lower.
The U.S. dollar is on track to decline annually, weakening from two consecutive years of strong gains as expectations grow for the Federal Reserve to cut interest rates next year. The dollar index against six major currencies hit a five-month low of 100.81, reflecting Wednesday's 0.5% decline and expectations for a 2.6% decline for the year. In contrast to the...
Hello, quick analysis of GBPUSD, just using the pitchfork tool. It's a tool you can't live without. Enables you to know the market trend. Good luck everyone
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...
I am thinking about entering a short position on the GBPUSD pair as we're hitting a resistance zone. This is just a scalp trade, as the trend is generally bullish.
I am thinking about entering a short position on the GBPUSD pair as we're hitting a resistance zone. This is just a scalp trade, as the trend is generally bullish.
In the intricate realm of global finance, the decisions and policies of major central banks wield considerable influence over currency markets. One such pivotal institution is the Federal Reserve, the central bank of the United States, whose recent policy trajectory has had a discernible impact on the GBPUSD currency pair. This essay delves into the nuanced...
GBPUSD still continues to rise on the third day of the week, trading around 1.26999 and marking a impulsive move. The bullish channel is still working and the pivots points 1.28486 will be marked Asap and 1.3020 will be delivered.
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
This week's forecast for GBPUSD involves waiting for additional selling pressure to occur before considering buys around the two nearby demand zones I've identified (10-hour and 11-hour). Following the recent reaction from a 7-hour supply, as the price is currently descending, I am anticipating the exhaustion of selling pressure and the accumulation of...
Hello everyone, i want share my idea about GBPUSD. At this pair in my opinion we are still in bullish trend. couple day after this pair touch to weekly resistance, GBP start drop against dollar, fall but if we look past we see stronger buyers than sellers, which i think needs active, today European session open with short positions, if we look at lower...
Intra Day Trade on #GBPUSD indication-- Wait for the price to exit the mitigation/ liquidity zone and as price enters the Supply zone, wait for the rejection to #Go_Short. Happy Trading
Symmetrical Triangle Price is above moving average 200 Uptrend