. 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
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...
We are in a bullish trend and we have a BOS in 4H TF. So we have to wait for a pull back and this area has its potential to go long. I'll wait for CHoCH in lower TF for more confirmation and then I'll enter the position. Lets see what will happen... Good luck.
➡️ GBPUSD showed a significant price increase in the last session and is currently nearing the target resistance level of 1.265, as per the double bottom model. It is advisable to consider taking profits on previous buying positions. The upcoming focus should be on monitoring the price action around this resistance level, as the signals observed here will likely...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.23000. Like, comment and subscribe to be in touch with my content!
Late last week, the dollar depreciated versus a basket of currencies on reports of strong U.S. business performance in November; however, private sector employment decreased due to forecasts of an impending economic slowdown. the final quarter. Prior to this, the US Composite PMI Output Index was recorded on Friday by Michael Brown, a market analyst at Trader S&P...
➡️ The market experienced a steep decline in the initial half of the session, followed by a resurgence of buying activity that resulted in long candle shadows below. This indicates that sellers did not exert strong dominance. The overall situation has remained relatively unchanged since the last session. Our expectation is for the price to continue its upward...
GBPUSD (D1) is continuing its uptrend. Its target area is at the 1.618 Fibo extension (price range 1.275-1.276). The important trend reversal area to note is at Zone 1.247
GBPUSD last 2 weeks trade finally hit TP ✅. — Patience is the key. I can tell you this 100 times, patience is the key to success in this market. If you can spend hours waiting, doing nothing, then nothing's going to stop you from succeeding. Either waiting to execute or when managing a trade. Happy weekends y'all. Don't forget to backtest.
➡️ GBPUSD is on an upward trend, achieving higher highs in the previous session by surpassing the 1.2500 resistance level. This affirms the ongoing bullish momentum. The current scenario is promising, so stick to your buying strategy, with the target for positions remaining around 1.2580.
The GBP/USD exchange rate hovered around 1.25300, marking its highest point since early September. Despite gold surpassing the 2000 level, GBPUSD showed minimal fluctuations yesterday. The focus now turns to statements from Bank of England (BoE) policymakers regarding the policy outlook, which may influence the pair's movements in the short term. In contrast, the...
a small scalp but it is risky, wait for your confirmations and manage your risk
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 New forecast The GBP/USD pair faced additional negative pressure yesterday to break the 1.2406 level, and begins the day with further decline to reach the end point of the negative correction. Therefore ,we still prefer the upward trend and still upward scenario will be remain valid supported by moving average 50that is continue to support the price to...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: After changed of character here we can see that price started to make higher lows and higher highs, so I am looking for longs. I wait price to make a retracement to fill that huge imbalance lower and then to reject from institutional big figure 1.23000. Like, comment and subscribe to be in...