Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to continue the retracement and then I will open a long position if price rejects from bullish order block + institutional big figuer 1.25000. Fundamental news: This week is NFP...
demand zone: 1.2420-1.2380, sl 1.2360, target: 1.2620
The GBPUSD continued its upward momentum, closing the week around 1.27100, a key level for the upcoming week. The Pound's strength is fueled by expectations that the Bank of England will delay rate cuts compared to the Fed and ECB. This sentiment was further supported by a decrease in Treasury yields following Powell's comments about the balanced risks of interest...
📈🌟 GBP/USD Market Analysis: A Potential Shift in Sentiment GBP/USD has exhibited a bearish trend in recent times. However, an interesting development to note is the shift in the US Dollar Index (DXY). The DXY broke its previous structure to the downside and re-entered a range dating back to August 30, 2023. This change could impact GBP/USD sentiment. Be on the...
📈 Forex Signals – GBP/USD 📌 Last week's analysis: GBPUSD had advantages not available to buyers 👉 Main trend: Decline. This currency pair is in a strong bearish trend and could experience a strong bearish trend after several weeks of strong gains. 📊 H1 Chart: Prices are falling steadily, but not sharply. An acceleration is expected before the price decline....
Lately, the GBPUSD has shown a bullish trend, driven by the strength of the GBP and the relative weakness of the USD. In this video, we delve into a potential trading opportunity by examining scenarios across the 1D and 4H timeframes. We'll provide valuable insights into price action, market structure, trend assessment, and essential technical anaysis factors....
Expecting bullish momentum from GU Confluences: Rejection of 4HR Support Consolidation @ the 1.2625 quarter level Last day candle printed a HL
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's current structure is still bullish, but the market is currently at daily resistance so the current price action is slowing down but it can be seen that the short-term trend of this pair has also turned over. price increase. Looking at the H4 frame, there are currently not many signs that the market may reverse, so temporarily you can wait for the price...
Optimism prevailed in UK financial markets, with the pound/US dollar exchange rate hitting a 12-week high on improving consumer confidence and a solid business outlook. Promising despite continuing recessionary pressures. On Thursday, the pound rose to 1.2615 against the US dollar. This reflects a sell-off in government bonds that led to positive sentiment on the...
GBPUSD is showing a clearer picture compared to earlier, which piques my interest in engaging in pro-trend trades to sustain the upward bullish momentum. Currently, the price is in proximity to a favourable demand zone on the 3-hour chart, and I expect a bullish reaction to occur, aiming to surpass the equal lows above. My target lies close to my identified...
Go with the Flow Major and Minor trend is bullish, Dont be idiot to look Sell, Just wait for Buy Setup.
. Idea of the day: sell soup . GBPUSD price lost its peak above 1.27 after breaking above 1.2674 yesterday. This morning price is retesting the breakout level at 1.2674. The price will likely retest the level around 1.27 and will likely fall again due to the resilience of the US dollar. . In the first half of this year, the ADX index has risen and shown...
looking bullish trend in 1h timeframe beacuse follow 12345 waves
Entry BUY 1.25000 The GBP/USD exchange rate traded around 1.25300, reaching its highest level since early September. Yesterday GBPUSD did not fluctuate much as gold rose above the 2000 level. Comments from Bank of England policymakers (BoE) on the policy outlook that could drive the pair's action in the near term. However, the UK's FTSE 100 index opened lower...
The GBP/USD currency pair is showing an uptrend in the short term. If the exchange rate remains above 1.2672, investors could take profits by going long near 1.2738 and 1.2781. Conversely, if the exchange rate falls below he 1.2672, the investor should go "short" and expect to take profit at 1.2629 and he should book profits at 1.2564.
It seems like you're discussing the GBP/USD exchange rate and expressing excitement about a potential upward breakout. If the level is breached, you anticipate a further upward movement towards the previous monthly high. Good luck!
A potentially nice setup is forming on #GBPUSD. High trading activity around 1.2718 during its prior decline could act as a magnet for prices on the daily. The 200-day MA has flipped from resistance to support and no immediate signs of a top on price and OBV is confirming the rally. A strong trend has formed on the 1-hour chart with a potential bull flag. The...