GBPUSD Next Buy opportunity 1.2500 - 1.2530 GBPUSD BUY LIMIT 1.25211 TAKE PROFIT 01 : 1.26074 TAKE PROFIT 02 : 1.27029 TAKE PROFIT 03 : 1.27995 STOP LOSS 1.24409 When markets open, place your limit order with proper money management. When 1st target hit make sure to move your stop to breakeven. Key level 4H Support price - 1.25012 4H Pressure price - 1.28277
Hello Traders! As you can see, GBPUSD reacted from FVG, and now I expect an increase until the price of 1.28100. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
Hello traders and the Tradingview community, our GBPUSD buy from yesterday at 1.2620 hit over 100 pips profit today. Although price has pulled back a little, it is likely that the uptrend may continue. The circular region highlighted in my chart is the key, as long as price continues to stay above this level, there's a chance that GBP/USD may reach 1.29. My...
Hello Traders, Hope you all are doing good!! I expect GBPUSD to go Up after finishing the correction. NOTE: There is potential that it can take last low but the bias will be still up. 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...
Morgan Stanley updated its outlook for the U.S. dollar, switching to a neutral stance, sharply departing from its previous forecast for an 8% rise in the dollar spot index in the fourth quarter. Two this year. This adjustment was made in response to the Fed's recent dovish stance and the resulting decline in US Treasury yields. The bank's dollar spot index fell...
On the higher time frame, the overall structure is Bullish, narrowing down to lower time frame, we can see our price was trading in an ascending channel and moved out down to it basement. To a support level that was respected. Currently price has moved impulsive and it's in a correction phase in form of a tight flag pattern (an opportunity for a long trade)....
Hello, according to my analysis of the GBPUSD pair, the market appears to be in a negative state. With the pair breaking the pitchfork tool, it also broke the 1.26500 level, which is considered strong support. Which indicates further decline in the coming days. good luck for everbody
GBPUSD did not fluctuate much in the past session, the price is still having difficulty creating a higher peak to confirm the continuation of the rising price channel, the double top reversal pattern is also starting to form, it will be Confirmed when the support level 1.26 is broken, then you need to abandon the strategy of buying up according to the current...
GBPUSD continued to fall sharply in the past session, it broke the lower border of the rising price channel and approached the important support zone of 1.26. This is considered the last stop for the buyers because if it is broken, the double top reversal pattern will be confirmed and the bullish structure will also be broken, then it is likely that the price will...
Here GBPUSD made some rebound close at psychological level of 1.2600 and moving upward again so going for long is needed and target profits at level of 1.2700.
The GBPUSD has been forming an upward structure with higher highs after breaking above a key downtrend line in early November. Although the GBPUSD's uptrend came to a temporary halt at the four-month high level of 1.2826, the completion of the golden cross between the 50- and 200-day SMAs is expected to provide upside momentum. However, during the European session...
GBP has given a break of structure (BOS) in an upward direction, so, we will look for buys. here is my view on gbpusd. Happy Trading
Gbpusd still is a bullish price action, and we should keep anticipating buying the asset.
Here gbpusd is making a rebound after touching a psychological level of of 1.2700 and heading up so going for long is needed and targeted profit should be at level of 1.2800
Supported by positive market sentiment, GBPUSD rose above 1.2800 on Thursday and settled at the 61.8% Fibonacci retracement level at 1.2740 (from July 14 high of 1.3142). to an October 4 low of 1.2037). The rising 20-day exponential moving average (EMA) is placed at 1.2670, projecting continued upside support for the British pound. The relative strength index...
Here GBPUSD has touch a psychological level of 1.2700 and reverse so so now the buyers are in control and so going for long is needed and targeting profits at level of 1.2800
GBPUSD touched the Resistance Zone and fell into the 30EMA ribbon, putting a slight pause on the fall. Will the price fall further or are we about to make contact with the Resistance Zone again? How do we trade this? 🤔 I do not believe a short is reasonable here because we don't have enough bear strength on the chart. Wait for another rejection at Resistance or...
This GBPUSD scenario catches my attention due to the intriguing structure that price has formed. Presently, my strategy involves waiting for a slight dip in price to reach the Asian low and touch my 10hr demand zone. Following this, I anticipate a Wyckoff accumulation process, providing an opportunity for a buy position targeting the 10hr supply zone located...