This idea base on my previous predictions last week. Price goes well.
The moves last week is to migitagate some highest liquidity.
Now im expecting higher movEs again. but base on my buyzone its still safe or has a better odds on a below demand zone. only if the price makes a new low.
Trade at your own risk.
This is not a financial advice.
Follow for more.
Support Levels:
Support 1 @ 1.26182:
The level at 1.26182 is the first support level identified on the hourly chart of GBP/USD. The price tends to find buying interest and potentially reverse its downward movement in support levels. Traders should closely monitor this level, as a breach below it could signal increased bearish pressure.
Support 2 @...
From the perspective of the market structure analysis that occurs to this day, I still see GBPUSD in the bearish structure. Where after the last boss occurs, the price is still unable to bullish more than the highest peak. Valid analysis as long as prices do not rise more than invalid areas. If you see from the existing Fibo Retracement, the price has been retrace...
In a year fraught with geopolitical tensions and policy shifts, the GBPUSD pair presents a conundrum that encapsulates the intricacies of modern forex trading. From Brexit negotiations that seem to never end to the hawkish stance of the U.S Federal Reserve, this currency pair is caught in a maelstrom of fundamental and technical forces. Allow me to unpack the...
Dear Friends :
In the pound to Japanese yen currency pair, due to the presence of resistance in the daily tick frame and also the breaking of the trend line in the 1-hour time frame.
Now the price is in the right area to sell
The possible position of this currency pair is placed on the chart
You can also enter for analysis according to your trading style.
You...
Hello everyone, we are seeing some weak price action in the 4Hour chart
which could bring the price closer to the 1.26 level.
📌GBP/USD rebounded almost 185 pips after hitting the lows at the 1.2550
level on Friday.
📌Also if you switch to the daily chart, you can see a high probability of a
reversal as GBP/USD is consolidating in the 100-day moving average...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Previously in my Monday's trade idea, I recommended buying GBP/USD
@1.2560. As expected, we are currently up 70 pips from our buy area.
📌If you look at the daily chart in GBP/USD, you will notice that the downtrend
seems to have lost momentum in the 100-day moving average region . This area
is crucial as it can lead to a bullish reversal.
📌 My recommendation...
Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from institutional big figure 1.27000.
Fundamental analysis: On Friday, we have news, will be...
GBPUSD is testing the resistance zone and dynamic resistance.
Price action has previously rebounded from this level.
The market broke and closed below the psychological level at 1.26000, which gives the trend a slightly bearish sentiment.
We expect the price to retest the support .
-------------------
Share your opinion in the comments and support the idea...
The GBPUSD outlook has formed a descending triangle which signals a bearish trend in general however after a recent consolidation beneath the base of the triangle and the bulls have managed to break through the descending trendline for a potential retest of the EMA-200 resistance on the 4-HR time frame.
The GBPUSD is set to rise to retest the hypotenuse...
In the dynamic arena of forex trading, precision guides success. Each level, each move carries significant weight. Let's delve into the technical intricacies that are molding the path of the GBP/USD pair within the 30-minute timeframe.
A Firm Footing: Support at 1.25577
In these pivotal minutes, GBP/USD discovers a solid foundation with the support level set at...
Analysing the current situation of GBPUSD, it's evident that it overextended on the 1D timeframe while also trading at a crucial support level. I'm looking to get involved short, but not at the current level. In the video, we delve into various aspects such as the prevailing trend, price action, market structure, imbalances, and a potential trade opportunity. As...
Hello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
continuing last week's analysis, where the price could not increase more than the invalid area. the price is back down to continue the bearish trend. the farthest target is still on the red line below.
Explore the GBPUSD landscape as it maintains its optimistic stance above $1.2710 market, driven by robust UK inflation data. The Pound Sterling gains strength from this report and the potential for further interest rate adjustments by the Bank of England (BoE).
With core CPI data raising inflation concerns within the UK economy, the BoE might opt for more...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
