GBPUSD
stabilizing above 1.2457 will support rising to touch 1.2513 then 1.3561 then 1.2599
stabilizing under 1.2431 will support falling to touch 1.2410 then 1.2367
Pivot Price: 1.2431
Resistance prices: 1.2513 & 1.3561 & 1.2599
Support prices: 1.2410 & 1.2367 & 1.2315
timeframe: 4H
GBPUSD dropped by breaking the support level at 1.24500, which became the resistance level.
The market created the fibo cluster at the resistance level. Price tested this level multiple times, showing its significance.
We expect a move down since we have bearish trade.
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The GBP/USD currency pair is likely to face a downtrend due to contrasting economic conditions in the U.S. and the UK. Positive U.S. data boosts the dollar, while poor UK economic indicators weaken the pound. The Bank of England may not hike rates, unlike expectations of the Federal Reserve pausing its rate-hiking trajectory. Traders should eye key data releases...
Here is my analysis for GBPUSD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Today, GBP is bearish due to it's news perform L.H and LL last few days.
We should wait for a good entry point after the market is exhausted. Another important factor to consider is the CPI for USD, which will also impact the market.
Next Liq Zone. 1.23952
Price create this level as support 05 to 07 June.
Price test this support to move further upside.
Price...
The analysis for GBPUSD remains consistent with last week's report. Prices are moving towards the target marked in red, but I do not recommend going long at this time. It's best to wait until the price is in the area I have described. We will react accordingly to what the market does when prices are in that area. Congratulations to those who have followed my...
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 expect bearish price action from here as price filled the imbalance and mitigated bearish order block.
Fundamental analysis: This week on Wednesday will be released monthly GDP on GBP, as...
Based on last trade we captured. Pound has made a Higher High, as it breaks its highs, we can execute a trade on Lower time frame to minimize loses and secure some profits.
. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPUSD
MN - The price rebounded from the level of 1.31415 - the nearest target is 1.23057.
W1 – After breaking through the level of 1.23057, you can expect a correction to the level of 1.27577, then the price may continue to move in an upward trend, or change the direction of the trend from the level of 1.27577.
What can you expect?
If the upward trend...
GBPUSD
Analyze
Generally price at the sensitive zone 1.2538 - 1.2470
If can price can stable above 1.2502 the direction will be uptrend again to reach 1.2584, 1.2657 , 1.2743
For any reasons if the price back off and stable under 1.2502, the price will try to reach 1.2470 If can break it then will reach 1.2413 and 1.2336
Support line: 1.2413 , 1.2336,...
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.
Hello traders, we want to check the GBPUSD chart. The price has broken the descending channel and pulled back to the specified key level. If this level can maintain the price, we expect the price to grow up to the next key level, around the price of 1.25800. Good luck.
Here is my analysis for GBPUSD on H4 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Price is on a downtrend for a couple of weeks now and it is currently moving up i.e. pulling back to retests supply zones, OB, or broken structures.
I am anticipating Price to getting to 1.2585-12592 where I have a supply zone drawn, which is also the 50% Fib retracement level and show a rejection/signs of weakness, which would make me sell for 200+pips.
Price...
