GBPUSD 4h has formed a strong bearish price action on the lower timeframe after an over-extension to the monthly resistance, the price has created a reversal pattern on the 4h and currently, the price is rejecting the downside. As the long-term trend is down, and today is the last day of the month, it is highly likely that GBPUSD will continue to drop.
Opening a long position from the marked area because of multiple bullish signals mentioned on the chart.
The price touched two important lines and came back. I think it's first action to show new trend. Follow my last analysis to see long-term trend.
GBPUSD, often referred to as “The Cable”, a foreign exchange term used to describe the British pound vs the US dollar, is one of the oldest traded currency pairs. In July of 1866, after an earlier failed attempt, the first reliable exchange rate between the British pound and the US dollar was transmitted between the London and New York Exchanges. Optic fibre...
Here is my view for GBPUSD on H4. 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!
After a new higher low is formed, GBPUSD is looking bullish, so a long entry is taken with Risk/Reward 1:1.
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 my analysis on gbpusd . i think price drop for lower liquidity . maybe me test (1.08879 to 1.07616) Order block
GBPUSD is still bearish because of multiple bearish signals on the entry point, which are mentioned on the chart.
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.
🔴 GBPUSD TF: 4H Side: Short SL: $1.14952 TP 1: $1.10602 TP 2: $1.09259 TP 3: $1.07915 As much as I want to see the GBP go up, I think that short term it will go down for a bit before it tries again as it got rejected by the 200D EMA.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
The market of GBPUSD is trying to testing it's previous HIGH. We also knows that British Prime Minister has resigned from it's post which can also put down the GBP just because of the Economic conditions.
Hey traders, here is the analysis for the GBPUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
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 hrly long buystop @ 1.12949 TP #1 @ 1.13561 78.43% wr TP #2 @ 1.14103 52.94% wr SL @ swing low 1.11720 13,73% hr WR and HR Determined from past trades on this pair, on this timeframe. More trades like this on my profile and on Bifrost trades
The bullish trend is broken now, new lower low is formed & waiting for a Lower high for short entry.
The price is moving and respecting a rising trendline and the harami bullish candle makes my bullish.