Well pound has on its way to collect liquidity, you can sell from the zone mentioned for an intraday trade. However, wait for the change of trend on the zone specified, and take long for some green pips.
Happy Trading.
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.
Here is my view for GBPUSD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for GBPUSD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The motivational wave can continue up to 1.25241 and then have a zigzag correction to the lower specified area, which, if confirmed, can take a long position up to 1.26340.
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Apart from the unforeseen increase in mortgage transactions, investors must also anticipate a continuous escalation in inflation. Such...
I would be watching for price taking out liquidity before more bullish momentum.
The setup is valid as long as price accumulates before breaking the recent high.
*If price doesn't accumulate and breaks the recent high, I would be looking for distribution at the next significant zone.
#letsdothis
I waited and had my analysis on Sunday waiting for price of GBPUSD to drop to my fib retracement areas and then get a break of structure but it looks like price wanted to drop UpTo the trend line I had it on too so now it's pretty easy I'm just waiting for price to create a higher low on the H1 a clear retrace and then take it all the way to my 27 TP area
GBP/USD was in pullback phase for the last few days. However, it seems that phase is now over.
GBP/USD has bounced off the dynamic support as well as the ascending trend line that I have
indicated in my chart. The confluence of these two key levels is important as it indicates that
price can continue to move upwards over the next few days.
So, I do not...
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 expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.23000.
Fundamental analysis: As per last week...
My Trading Plan #Long #GBPUSD
Disclaimer: Trading is risky and trade on your own risk.
My Trading Plan;
Long GU: 1.23500
Stop loss: 1.23390
Target: 1.23986 (48 Pips)
Here is my view for GBPUSD on H4. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
waiting for the creation of the fifth wave
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don't forget your risk management
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