GBPUSD has already tested high of the weekly now, it is a high probability that GBPUSD may drop to weekly support zone as long term trend is bearish.
The GBP/USD, bounced from the low of 1.21552, reached a significant level around 1.26400. There is a rising wedge pattern, accompanied by a divergence of the MACD indicator is observed on the H4 chart. Our trading strategy indicators also show "weariness" of buyers. We expect the GBP to fall in the next few days and the working out of the wedge figure. How to...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Here is my view for GBPUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
The price of the Pound against the Dollar is expected to fall as a current pump in the Dollar index show more upside before it continues its downtrend. Short position for GBPUSD
Buy Stops Liquidity was cleared. Price left a Fair Value Gap on the H4 timeframe. I am expecting the Dollar to strengthen after the Non-Farm Payroll (NFP) release.
No change in view. The pair is looking to nose dive as we got a negative stochastic, plus the run up was good enough as well. For now SELL @ 1.2625-1.2650 and place stop loss above DC resistance 1.2668 (let's say 1.2679). Profit order @ 1.2517 for now.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Looking at GBPUSD, i see an imminent fall. I see this but i will not risk more than 1% of my account hence i advice anyone willing to follow this advise not not risk more thank 1% of their capital on this trade as i may be wrong. Updates will be shared accordkingly. Kings.
GU create hidden bearish divergence! So i anticipated GU will fall down!
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
The run up from the lows looks like at an end, and I feel that the way the stochastic RSI currently is, that we should see the pair move lower back towards 1.2437. The strategy is SELL current @ 1.2640-1.2660 area and take profit initially @ 1.2487. If wished for place a stop-loss @ 1.2737.
Since the recent 1.2180 low, GbpUsd has risen nicely and now the pair is trading at 1.2640. However, the long-term trend for the pair is grossly bearish and the pair now is facing strong resistance at the 1.27 zone. Also, the rise from 1.23 is contained in a rising wedge and this can lead to a reversal. My sell zone for GbpUsd is around 1.27 with negation above...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPUSD is touching daily 20EMA and weekly resistance which is a very high area of value and there is a high probability of bounce from this zone. All values are shown as per the image