GBP-USD was making a Bearish correction after The breakout of the falling Resistance which is a Support now and we are Already seeing a bullish Rebound from the level so I think that we will see A further move up !
Hello, according to my analysis of GBPUSD pair. There is a good opportunity to buy, as the pair broke out of the descending channel and broke the double button pattern. Breaking the resistance at 1.25000. All these factors confirm buyers' control over the market. 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...
Waiting for a retest of 1.26177 to short GBPUSD back to Daily support level at 1.23349 If you agree drop a like and if you have any questions leave a comment :)
Price have been in a bearish momentum for a while now. Although it is too early to say, price looks like it is forming a double bottom at this time and if that holds, we just might see a push up towards the 1.27500 area. But then again, it is too early to decide that as price could continue to push lower. Before I make a trading decision, either bullish or...
GBPUSD analysis still continued the analysis that I shared last week. The price is still seen bearish with the target in the red line area as a pretty strong support. With the movement of Dxy is still bullish, the correlation between analysis is still very strong.
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.
Dear Traders, USD has been strong lately and market has been messy due to recent economic data, however, after todays strong GBP news we think in coming weeks GBP will be extremely bullish whereas we expect DXY to remain bearish for longer term. Let’s wait and see how it works out. Our main aim here is to wait for price to come to our area which has higher...
Hi all Fundamental read oil analysis After breaking through level 1.2590, the GBP/USD pair pulled back at level 1.27462 before continuing to slide and finishing the week at level 1.25773. The price testing the next support level at level 1.24868 fibo extension daily, is what I'm anticipating this week. Let me know what you think In the comments! **My trading...
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.
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.
looking bullish trend in daily timeframe bec follow descending channel
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!
The GBPUSD currency pair is currently experiencing downward pressure and has reached a significant support level. In the accompanying video, we will explore a couple of trading ideas that relate to a potential selling opportunity. Our discussion will encompass various elements of technical analysis, including analyzing the prevailing trend, assessing price action,...
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Completed " ABC " Correction in Corrective Pattern " Symmetrical Triangle ". We have Bearish Channel in Long Time Frame , If it Reject from Fibonacci Level - 78.60% or We have a Break of Structure then we can Buy after Bullish Confirmation Price Action
GBP/USD Short Trading Opportunity 1. The price is below Trend Magic Indicator. 2. US Dollar Index DXY yesterday broke the level and the uptrend continues. 3. RSI indicates more downtrend power. 4. Retail trader data shows 60% of traders are net-long. Strong contrarian short signal. SL - above the Trend Magic Indicator line TP1 - on the 200-SMA TP2 - 1.2320 Keep...
Support Levels: Support 1 @ 1.25490: Our journey begins with Support 1, nestled at 1.25490. This level is the first line of defense for GBP/USD traders. Historically, this is where the price often finds buying interest, potentially signaling a reversal of any downward movement. Traders should keep a watchful eye on this level, as a breach below it could suggest...
The GBP/USD currency pair is trading near a multi-month low, constrained by BoE rate hike prospects and a strong U.S. Dollar. Key technical resistance and support levels are identified at 1.2630 and 1.2530 respectively. The market awaits cues from BoE's Policy Hearings and U.S. ISM PMI, as looming recession risks temper bullish sentiments. TRADE IDEA...