The British pound is likely to see another few months of turmoil now that Prime Minister Liz Truss has resigned. During Truss’ reign, which latest a mere 45 days, the shortest tenure in UK prime ministerial history, the pound was rocked by her government’s plan to borrow billions of dollars to fund tax cuts. On the day of the release of the ‘mini-budget’ that...
GBPUSD recently reached a new weekly low in 1.117 area. I believe we are about to see upward movements throughout the rest of the week. I took a buy at 1.1189 area and I have my TP at 1.125 (20 pips above the 1.123 region). This is because there are buy stops to e taken out in the 1,123 area and my SL at 1.117 Later on...we are to see the pair reach the 1.13 area...
Hi traders, GBPUSD is setting up for a upside move i am looking price action on gbpusd for a long position opportunity GOOD LUCK.
GBP-USD broke a resistance cluster Of the horizontal and falling Resistance lines which make me think That after the pullback and retest AT 1.11307 The price will go up
GBPUSD made a Hike after teh FOMC last Night as the intrest rate Hike As of Now GBPUSD made teh correction and break the downtrend sloping line and made to break the Triangle Patterm As a Result GBPUSD SELL 1.10765 SL 1.11800 TP 1.09100
This is for Long term Wait for price rejection and BOS in LTF. Please DYOR before entering the trade.
Will be waiting and watching GBPUSD around current area to see if we get a third rejection off this support to possibly make at least another retracement. 1.14500 is the strong support to watch for a possibly bounce, if we see price push up ill be targeting the retracement area of 1.16000.
GBPUSD will reclaim next higher liquidity targets, Perhaps 1.181xx. Technically GU created Bullish butterfly pattern in last week, It gonna fly as technical aspect. Regular Target Profit: 1.181xxx DISCLAIMER Remember, there is no place for luck in trading - only strategy! This analysis can change at anytime without any update and it is only for the...
Here is my view for GBPUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBP-USD was trading in a falling channel Then the price broke out to the upside Which together with the fact that gbpusd was oversold Makes us locally bullish biased So we will be expecting a move up after the Retest of the broken level at 1.1480
Looking for rejection for a double bottom around the buy zone. After catching the nice short move to current support all profit was closed out and was expecting a move up to continue the down trend pattern or possible reversal, its always risky going against the overall trend but as I explained the other day once we see the initial push up, if prices fails to...
GBPUSD is at very very strong monthly demand zone and market will bounce back from here look for bullish confirmations and buy GBPUSD with your own money management always remember that patience is the key
GBPUSD devaluation continues. Personally, I recommend people to trade long term at 1.22700-1.22900 level.
GU not honoured 1.154xx to 1.164xx support; i anticipate GU gonna retest Covid 19 low 1.143xx. UK is Already in a Recession, and Inflation is Set to Hit 14%. The next Prime Minister of the UK comes to a head on Monday with the announcement expected around 12:30 GMT. The current frontrunner Liz Truss and her allies have made the BoE a political punching bag,...
GU create a classical bullish butterfly pattern with Strong Bullish divergence. So, i anticipate GU 400pips long opportunity! GU Support Immediate Support : 1.153xx If not Honoured then GU gonna 1.144xx. And Surely GU long long from these Demand zone! Happy Trading with money management. DISCLAIMER Remember, there is no place for luck in trading - only...
Gbpusd continues downside are you ready?High time frame trend is bearish market little retrace but again come in trend so bearish trend line hold market break demand zone and make flip zone this reason we in sell.don't miss the trend trade
Wait for the rejection of Dollar Currency Index from the Double top then look for buying opportunity on it.
😈 GBPUSD 👀 time to make money The lower border of the rising channel provides an opportunity to buy on the rebound ❤️ If you find this helpful and want more FREE predictions on TradingView . . . . . Please show your support . . . . . . . . Click the 👍 LIKE button . . . . . . . . . . . Leave your feedback below in the comments! ❤️ I use all my transactions in...