The pair has been in a range for a while now. Analysts have been waiting to see how price would react around 1.27 for quite some while now. Fundamentally, the GBP is getting stronger than the USD. A recent breakout has occurred, on screen analysis details my thinking. UP THE POUND!!!
Here the price has touche the psychological level of 1.27000 helding over to another psychological level with a big bullush candle show that buyer are still in control so it is expected to tarteget another profits at psychological level of 1.275000
As the price is forming consolidation below the psychological level of 27000 that means a new upward move momentum is ranging. So it advicesble to wait and what a pattern that form before entry and set stoploss should be below the support of the ranging price and targeted profits should be on another psychological level of 27500 and 28000
Time Frame: 4H Symbol: GBPUSD Entry: 1.26844 TP: 1.27756 SL: 1.26194 Bias: Long We are as yet bullish for GBPUSD. Our bias grounds in simultaneous central variables which are maintaining the strength of dollar to a higher scale. Assuming that the ongoing circumstance endures ,we will remain bullish until we notice any significant difference signals.
In my latest technical outlook on the GBP/USD pair, I've delineated a fascinating Elliott Wave sequence on the 15-minute chart. The journey of the British Pound against the Dollar is always intriguing, and right now, it's no different. As I see it, we've just witnessed the completion of a classic five-wave impulse move, indicating that the uptrend is temporarily...
I am waiting for a 4h close either side to confirm direction with a 30m close to validate an entry
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I wait price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block. Fundamental news: This week is NFP week, news with high impact on USD, so...
Time Frame: 4H Symbol: GBPUSD Entry: 1.26775 TP: 1.27675 SL: 1.25997 Bias: Long We are bullish for GBPUSD . As we see the pair is reliably outflanking its past records, there ought to be a cutoff to its vertical projections. In any case, our assumption is as yet bullish and we are searching for another long opportunity.
gbpusd money candle (IFC Institutional Funding Candle). Demand zone for long 1.2635-30. stop loss: 1.2590, target: 1.2740.
Here the price keep going up as was predicted and the buying was around 26500 of psychological levels so the next targeted profits should be around another psychological level of 27000 . It is expect to use money management
I still maintain a bearish outlook on GU; however, there's significant liquidity gathering around the marked trendline above. Consequently, I anticipate this liquidity to be taken out first, creating a CHOCH to the upside. Once this transition occurs, I expect a retracement back to the newly identified 4hr demand zone. This temporary upward movement is envisioned...
Here the price has touched psychological level after the drop down so at point we be expect another buy as the markets is still in uptrend , So therefore our LONG should be around the psychological level which is TP1 and targeted profits should be TP2 , TP3 and TP4
GBPUSD bullish pattern. Target is around 1.28, ride this bullish continuation.
GBPUSD - 24h expiry The primary trend remains bullish. The selloff has posted a correction count on the daily chart. A move lower faces tough support and we remain cautious on downside potential. Risk/Reward would be poor to call a buy from current levels. Setbacks should be limited to yesterday's low. We look to Buy at 1.2640 (stop at 1.2604 Our profit...
Price has touched the psychokogical levels of 26500 and now about to move so it expected to buy at that level then wait for the next move of the market . So it expected to set a stoploss below the psychological levels of 26500 now move target another profits at levels of 27000.
GBPUSD LONG FOR 130 PIPS (FOLLOWING BREAK OF 1.23700)
Here on GBPUSD price has move to a certain levels of psychological of 26500 now continue it upward moment . So going for LONG is needed around level of 26500 and targeting profits should be around 27000.
Time Frame: 4H Symbol: GBPUSD Entry: 1.26442 TP: 1.27606 SL: 1.25608 Bias: Long The pattern of GBPUSD is bullish. There might be a swing places where the cost will attempt to lay out harmony between limits however by the day's end the pattern is bullish and in this way it is smarter to search for a purchasing opportunity.