The dollar tested a new nine-month low as economic data from the U.K. strengthened the case for more interest rate hikes. Despite a rosy year for the Pound sterling, Last week's trading session was so choppy that price action remains sandwiched between the 1.24500 and 1.22500 zone to indicate an indecisive grip in this market as sellers continue to reject the...
A follow-up video to the previous analysis on the GBPUSD where we scooped over 400 pips profit (see link below for reference purposes).
The US dollar continues to plunge since the beginning of the year as fear of recession mounts. To further mount pressure on the Greenback is the data from the U.S. retail sales which fell by the most in a year in December and...
-Hello my fellow traders, hope you all are learning and earning, here is another big move setup from my side. GBPUSD dropped from our targeted zone like our AUDUSD setup, this mainly due to DXY being bullish and we are expecting DXY to continue bullish trend for next few weeks.
-However, the economic data that were released today these news released came negative...
Time Frame: 4H
Symbol: GBPUSD
Entry: 1.23775
TP: 1.22643
SL: 1.24448
Bias: Short
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most broadly exchanged cash matches on...
The GBP/USD pair is showing bearish signs on the H4 time frame with the recent confirmation of bearish bias, rejection of 1.24125 and three H4 candles closed below the last bull candle. But bearish pressure is expected to be temporary due to the upcoming decision on interest rates for the US dollar. The first target is between 1.22847 and 1.22574, Second target is...
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
Time Frame: 4H
Symbol: GBPUSD
Entry: 1.24017
TP: 1.24896
SL: 1.23469
Bias: Long
The ongoing value patter of this instrument has a potential for a medium strength cost drive according to our projected bearing. We accept that the projections we have made here will be demonstrated by the quick motions of cost.
Hello Traders,
Hope you all are doing good!!
I expect GBPUSD to go Up from these levels.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve...
GBP-USD has changed the direction
Of the move after it broke the rising
Support line and then reinforced the new
Bearish bias by retesting the supply cluster at 1.23404
And making a nice pullback from it
So I think that the pair will go
Further down towards the target below
GBPUSD💥1H-TIMEFRAME ANALYSIS
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This is my new idea for 💥GBPUSD
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Time Frame: 4H
Symbol: GBPUSD
Entry: 1.23216
TP: 1.22209
SL: 1.23875
Bias: Short
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets brokers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most generally exchanged cash matches...
Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 1 Uptrend in green color (Long Term)
We have 1 Downtrend in red color (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of...
Time Frame: 4H
Symbol: GBPUSD
Entry: 1.23639
TP: 1.22747
SL: 1.24254
Bias: Short
The ongoing value example of the instrument is clearing a way for investigating bearish direction. As we see the bearish force is predominant, we can anticipate a short exchange.
GBP-USD is trading in an
Uptrend along the rising support
Which formed a cluster
With the horizontal level
So after the pair retests
This demand area we will
See a nice move up
Despite a choppy situation for the GBPUSD where price action was caught with a range at 1.22500 and 1.21000, the Pound Sterling rose by 0.1% to close the week at 1.22250, and this is likely as a result of the data released earlier on Friday. At this point, I am of the opinion that the data from the macroeconomic events (Claimant Count Change & ILO Unemployment...
Time Frame: 4H
Symbol: GBPUSD
Entry: 1.23505
TP: 1.22859
SL: 1.24005
Bias: Short
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets dealers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most broadly exchanged money matches...
Time Frame: 4H
Symbol: GBPUSD
Entry: 1.23404
TP: 1.23896
SL: 1.22883
Bias: Long
Current cost design is in a tight reach and the hope of the directional moves is fair. As we see the motions of cost from help to obstruction and protection from help is progressively drawn towards more tight ranges which might imply disinterest from the imminent financial...
Here is my view for GBPUSD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
