#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the...
-Expecting USD to be weaker as the banking crisis is still continued. -GBP looks much safer currency for investors.
I didn't see clear structure but now am seeing price bounced off the Moving Average after it hasd already crossed,also bounce off the 50extension fib level am just waiting for price to line up in all Timeframe to create a HL in the 4H and will take this trade all the way up
1. GBPUSD Bounced from Fib 0.382 Retracement level, engulfing a daily Candle. 2. Trendline was broken around 1.20513 as an added confluence. 3. Price may seek to take out liquidity above the equal highs around 1.24459
GBP/USD has managed to erase its daily gains after having tested 1.2000 in the European session on Monday. The renewed US Dollar weakness following Wall Street's opening bell helps the pair keep its footing ahead of FOMC Chairman Powell's testimony on Tuesday. GBP/USD trades near 1.2050, where the 100-period Simple Moving Average (SMA) on the four-hour chart and...
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 2 Downtrend in red color (Long Term and Short Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR...
This is a mark up stay tuned for a quick audio description.
Identified an opportunity during London Session. Price was looking to take out an old high Identified the legs of an ABC structure As it did we looked for a creation of structure before the liquidity grab Moved to 15 Min After the Liquidity grab, we looked for price to break past the creation of structure for a market structure shift MSS or CHoCH Moved to 5 Min...
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 1 Uptrend in green color (Long Term) We have 1 Downtrend in red color (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of...
GBPUSD has been showing bullish signs in the recent days and it may be a good time to buy the currency as it has the tendency to rally up to 1.22500 and then 1.23000. One of the key factors supporting this prediction is the divergence on TDI (Traders Dynamic Index) which is a technical indicator that helps to identify trend strength and potential trend...
As a student of SMC, I've just spotted GBPUSD might be having a reversal of trend on the Daily timeframe as it already formed an inverted H&S on a downtrend.There is liquidity before that, market might have just grab the liquidity and may reverse at anytime. There is also a divergence formed between Market Price and RSI. Drop down what do you think of this idea...
Last Week GBPUSD Has Shown a Bullish strength Technically and fundamentally..Technically Mitigated a Demand Zone. Thereby Breaking a structure Off 1.2000 Round number.This week I look Forward to a short Term Sells into the Demand Zone and long term buys from the Demand zone..
Hello ! GBPUSD Broke The Channel Successfully Now If GPBUSD Retest The Channel At 1.2050 Area Then You Can Take A Long Position For 1.2150 Area . I Hope It Will Work And Give Us Good Pips . Thank You
#GBPUSD - At present the MARKET SENTIMENT for GBPUSD is slightly on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, because the FED is a bit HAWKISH, the XXXUSD PAIRS are getting slightly downward PRESSURE. - The price...
As detailed on my chart, I am looking to sell for about 50pips, and then buy for about 80pips to conclude the bullish move for this week. It's been a good ride. Next week might see massive bearish moves.
I would be looking for a pullback setup to 88.6, then a sell before the final buy of this week. Price action is showing steady exhaustion to the bullish run of the week.
According to SMC , We have a two trades entry for long on GBP/USD pair as following : TRADE 1: ENTRY @ 1.20597 SL @ 1.20451 TP @ 1.21162 RRR : 1:3.87 TRADE 2: ENTRY @ 1.19910 SL @ 1.19707 TP @ 1.20758 RRR : 1:4.18 GOOD LUCK GUYS ...