Dear Traders hope all of you had a great weekend, now we have an excellent opportunity to sell GBPUSD. GBPUSD price have dropped significantly now we may see a short term bullish price movement. Once price reach our entry zone area, we can then sell GBPUSD.
hello dear trader iam waiting for HH on gbp usd after that i open sell position for new LL price can retest resistance and supourt zone stop loss need for any position good lucl
GBPUSD New forecast The price perfectly fulfills my last idea and price reached to our targets +100 pip. The GBPUSD rose up last week and confirmed breaching the 1.2321 level after closing trading above it last Friday, opening the way for further expected upward correction, recalling that our next target is at 1.2460 and 1.2508. Therefore the upward trend...
The GBPUSD pair has recently exhibited a breakout above a long-standing resistance level. Breakouts above significant resistance points often indicate a potential shift in the trend or momentum. After a prolonged period of being suppressed under this resistance, the breakout signifies a substantial change in market sentiment. Traders often interpret this as a...
Dear traders, the support zone as highlighted in my chart has remained unbroken so far. Not only that, we also have a couple of bullish reversal candlestick patterns including a hammer candlestick that was formed on 26/10/2023. So, a combination of these factors can lead to a further recovery in GBP/USD. Keep in ming that price has already crossed the moving...
Hello traders, there was another dip in GBP/USD today and the price visited the 1.2090 support zone. However, the dip was rapidly bought and the price has rebounded 60+ pips. So, my strategy is to buy the dips in GBP/USD as long as the support zone stays intact. Target would be at 1.2250 and then 1.24
GBPUSD has a similar bias to EU so im also currently looking for a sell setup to form to take price down towards an area of demand. This counter trend trade will allow us to catch a move before we end up buying alongside the bullish order flow at around the 1.22000 mark. Scenario (A) - Price is currently reacting off our 6hr supply zone that we have marked out,...
GU impulsively broke out of a descending channel last week Friday, I'm now anticipating a retracment in a corrective nature to go long
GBPUSD closed above another daily swing high, may likely targeting above 1.27000. N.B! - GBPUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #gbpusd #cable
Finally, the GBUSD broke the core level resistance of 1.2328 The next target week will be 1.2385 and then 1.2420, with strong stop loss of 1.2230
GBPUSD finally breaks the consolidation range of October and breaks the high of this range. As dollar gets weaker i suggest GBPUSD reach higher highs in the following week. It mat retest the 1.23 level and then starts the bullish move
OANDA:EURUSD FX:GBPUSD Daily timeframe analysis Trendline break and strong consolidation Bullish Structure confirmed after forming LL-LH-HL and candle closed 0.618 level 1.06265 RSI Bullish Exaggerated Divergence (Candle Equal Low but RSI formed HL-HL) confirmed before break of 0..618 level. We can see upcoming targets as shown in chart.
My road map to 1.30 . As the US Dollar enters into a longterm bearish trend. The GBP continues to get stronger. Fundamental : The bank of England steadies interest rate. Comment below if you think the GBP will get to 1.30. Thanks for reading my analysis. Disclaimer: Please do your own research, there is no guarantee this analysis will play out according to the analyst.
GBPUSD New forecast The price of GBPUSD rose yesterday and continues to move within the bullish intraday channel and it was succssecflly to breach the resistance zone , awaiting the resumption of the bullish wave targeting the 1.2270 AND 1.2321 levels as the next main station. Therefore, the positive scenario will remain effective for the coming period. and...
GBP/USD extended its daily rally and rose above 1.2300 in the early American session on Thursday. The US Dollar struggles to find demand following the disappointing October jobs report from the US, allowing the pair to preserve its bullish momentum.
Amidst a backdrop of economic uncertainty, the US Dollar has managed to hold its ground, gaining modest strength against various currencies. This resilience comes on the back of a surprising surge in the US economy, defying recession fears that have loomed since 2022. Data reveals a robust 4.9% growth rate in the third quarter, marking the fastest pace in nearly...
The GBP/USD pair has been showing sideways trading since the morning, and therefore, there is no change in the expected bullish trend scenario for today, whose next main target is 1.2290. The moving average of 50 continues to support the suggested bullish wave, which will remain in place unless the 1.2290 level is broken and holds below it. The general trend...
Hey guys what's up Brandon here..so as promised I am going to give a breakdown as to why I think I lost the GU trade. This one is entirely my fault as I saw the consolidation where I know liquidity would have been trapped and I chose to ignore it. I also saw that GU was becoming very exhausted yesterday and I also chose to ignore that as well and now I am paying...