Educational Analysis says GBPUSD may go SHORT. According to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why SHORT? On the 1HR timeframe, the pair is about to reach on supply zone. After that, it may go down to 1.19212. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS HOW TO TAKE ENTRY ON THIS? I would...
The ascending three drives have given us a volatile bullish move that drove the price into a 4h supply region. Now we’re currently in a supply region and looking for price to at least make a slight breakout or a spike out to trigger the liquidity zone and give us a confirmation that sellers are taking control. Faced with a strong bearish market…
GBPUSD is currently in a bullish trend after moving out of the descending channel . The price rebounded from the strong support at 1.22000. GBPUSD and EURUSD have similar price action. I expect a bearish move and if the support holds the price, then we can look for buying opportunity. ------------------- Share your opinion in the comments and support the...
Waiting for waxe x competition then start entering sell position for wave Y
As usual, GbpUsd is doing a lot of flick-flacks and spikes before changing direction. However, ignoring these short-term noises, the image is pretty clear with the pair facing a strong resistance level and nothing to support further rise from a fundamental point of view. That being said, in my opinion, GbpUsd will reverse soon and fall to at least 1.2 zone, so...
According to SMC , We have a two trades entry for long on GBP/USD pair as following : TRADE 1: ENTRY @ 1.20597 SL @ 1.20451 TP @ 1.21162 RRR : 1:3.87 TRADE 2: ENTRY @ 1.19910 SL @ 1.19707 TP @ 1.20758 RRR : 1:4.18 GOOD LUCK GUYS ...
Hello guys, here's what I see will happen today, we'll have a good chance to buy at the low today and up we go some more. Always practice 2% risk management.
Yesterday NFP news was come in the favor of USD, but market react against the news. This is making sense that USD has no power and by this GPUSD seems more bullish.
GBP-USD is trading along The rising support line and the pair Is about to retest the support So I am bullish biased and I think We will see a bullish rebound !!
We should expect an upward move followed by a sell then a continuation of buys
TODAY’S MARKET IDEA: GBP/USD GBP/USD bullish conditions remain, however, faces strong resistance at the August highs near 1.2280 (daily chart) GBP/USD current price faces key resistance near the top end up the multi-week upward price channel (1.2280). A break above this resistance could place the 1.25s in sight, while downside support can be seen near 1.19....
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.
In my analysis from 3 days ago, I said that my target for this rise in GbpUsd's case remains at 1.22. Once more, GBP doesn't deny its nature and spiked above this important zone... From a technical point of view, 1.2250-1.2300 should provide strong resistance and NFP data today could be the trigger for a drop. Negation for this bearish scenario comes with a daily...
Minor trend for wave C , sub div into 5 waves , in wave 3 sub div into 5 waves , currently we are in wave 4 of wave 3
GBP-USD is trading in an uptrend Along the rising support line So after the pair retest the support We are likely to see a move up
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.
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!
GBPUSD failed to make a higher high and a higher close above the major resistance zone 1.1900. The market broke out of the ascending channel and created a triangle pattern at resistance. The pattern indicates that the bulls are running out of steam. We might see a pullback and a return to the channel. ------------------- Share your opinion in the comments...