This week's analysis for GBPUSD is promising. I'm currently anticipating a slight upward movement to reach the nearby Asian high and mitigate the supply zone at a deeper level. Alternatively, if this doesn't happen, I'm prepared for a potential reaction from the 4-hour supply zone above. This particular supply level has triggered a change of character (CHOCH) to...
Hello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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Hello Traders!
This is my idea related to GBOUSD M30. I see a small retracement and I expect an increase until the OB marked above.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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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.
Price broke below our identified KL, as we were expecting negative GBP news, with a stronger dollar we entered into sells targeting the next KL for 60 pips. Price formed a minor resistance and there was also negative GBP news sending price down as expected.
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.
We expect further downside on this pair, signalled by the ascending channel pattern breakout. We can also see the breakout of a key level which further supports our directional basis.
This pair continues to grab my attention, particularly as it approaches my 10-hour supply zone. I anticipate a redistribution and subsequent sell-off targeting the equal lows. It's important to note that this is a counter-trend trade aimed at capturing a temporary downward movement to a more favourable demand.
Given the substantial liquidity at the newly...
Hello Traders!
As you can see, we have a confirmation of the retracement from the level marked in the previous analysis. Congrats to those who executed the trade!
Wish you a nice weekend!
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Hello Traders!
This is my idea related to GBPUSD M15. We can see an ascendant trend on H1 and at this moment I will look only for long entries. It is very possible to see a retracement from the price of 1.27200 where we have OB and at the same level, FVG will be closed.
If confirmed, I will execute this trade, taking into consideration the weakness of...
My trading plan for GBPUSD is pretty simalar than EURUSD, trendline is clear. It was retested and i think it will not hold again. My first target is the 1.2575 area, where the cable can range for a while, waiting to resume the drop. Invalidation will be above local top
Hello, according to my analysis of the GBPUSD pair, the market appears to be in a negative state. With the pair breaking the pitchfork tool, it also broke the 1.26500 level, which is considered strong support. Which indicates further decline in the coming days. good luck for everbody
Hello, quick analysis of GBPUSD, just using the pitchfork tool. It's a tool you can't live without. Enables you to know the market trend. Good luck everyone
Dear Traders,
GBPUSD can drop significant after BoE released the inflation data this morning GBP weakness is inevitable in coming days. While DXY is still recovering from last week FED news on interest rate though DXY has not yet shown a strong bullish sign this week and yet. It would be wise to see some bullish price momentum on DXY to confirm the long term bias...
Dear Traders,
We are expecting a heavy sell off on GBPUSD as it is approaching a premium selling zone, price have previously have took out many key levels due to extreme bullishness. Once price touch the first amber line it will be activated. Enter accordingly if price do changes by the time it reaches our area then we will update you guys on this.
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⭐️ GBP/USD INFORMATION:
The GBP/USD is currently displaying a sideways movement while preparing for a barrage of data releases from both the United Kingdom and the United States. In the Asian session on Wednesday, it is hovering above 1.2550. The GBP/USD pair experienced significant volatility in the previous session due to...
Upon examining the H4 chart, a significant development unfolds: the price is presently exceeding the crucial threshold of 1.2547, marking a breakthrough of the formerly recognized pullback resistance. This breakout implies a substantial alteration in market dynamics, indicating that the driving force behind the price movement is robust enough to surmount the...
GBP-USD is going down
Now and the pair broke
The key level of 1.26155
Then retested and is
Going down again so
We are locally bearish biased
And we will be expecting
A further move down !
