On the H1 timeframe, prices are testing the resistance zone at 1.2320, in line with the graphical resistance. A break above the upside confirmation level at 1.2320, which is also a supply zone, could provide the bullish acceleration to the resistance zone at 1.2400. Failure to push higher could see prices fall below the downside confirmation level at 1.2250, to...
Strong momentum on H1 chart. Potential reentry buy zone : 1.22409 Potential TP : 1.23145 Invalid if break below : 1.22337
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we can see that price changed the character and started to form lower lows and lower highs so I am looking for shorts. I expect bearish price action from here as price rejected from bearish order block + institutional big figure 1.23000. Fundamental analysis: On Thursday 30th of March...
Hello Traders, i'm looking for a short position on GBPUSD targeting the support around 1.215. All explained on the chart.
Hello Traders. GBP/USD , Possible Pullback on MACD Divergence in Uptrend market with a Pullback on the Dynamic Trendline. We are Looking for a Possible Long setup here.
GBPUS is approaching a major resistance level of 1.24197 that has been touched twice in the past. I expect a rejection at the resistance level which will push the price back into the channel. But if the momentum is high and price breaks through the resistance, there is likelihood for a new uptrend to begin What's your thought? Like and comment below
You guys can go for shorts, using big lot sizes to catch small pips until it reaches its destination. Wait for change of momentum in smaller time frame at the spot mentioned in the picture and go for long entries for good profits. As GBP has break its recent high, it following an upward trend. Keep this thing in mind, and always use Stop losses when you trade...
News can effect this mapping and reverse the tp to sl.and sl to tp on the basis of data so check that right now it's good to be safe.
The overall trend is bullish. Price has taken inducement and will bounce back from extreme POI and target will be the HH
We expect a short sell opportunity before the bulls take control! Let us see what the market gives us
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!
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.
Pound has shown retracement from the daily support level. Simply ride the trend and enjoy some green pips
GBPUSD is currently testing support around 1.231, once the support is confirmed to be valid, it will rise to around 1.240. So today we will focus on the support around 1.231. When the support is confirmed to be valid, we can go long, and the target is around 1.240-1.244. I released the trading strategies of EURUSD and GBPUSD today, and I will continue to...
The GBP/USD is rallying sharply after the US Federal Reserve raised rates by 25 bps. Federal Reserve officials updated its dot-plot, with 10 out of 18 policymakers expecting another 25 bps rate hike by the end of the year. At the time of typing, the GBP/USD is trading volatile within the 1.2240-1.2300 range as traders brace for Fed’s Powell press conference. In...
Gbpusd seems bearish for shortterm and then bullish as per the trend. sell is risky as its uptrend but it will surely go as its based on my new learning method Advanced Liquidity Theorem!
Economic data: The UK has been releasing positive economic data lately, including an unchanged/lower unemployment rate, an increase in retail sales, and better-than-expected GDP growth. This has helped boost confidence in the UK economy and its currency. Brexit: The uncertainty surrounding Brexit has largely dissipated, as the UK and EU have agreed on a trade...
As GBPUSD sky rocketed towards its aim. For those who missed the entry can wait for a precise one in the area mentioned in this graph. Wait for a pull back in smaller time frame and take a confirm entry. Happy Trading.