EUR USD TRADE SET UP. EUR USD is making a break and rest pattern on the 1hour timeframe just like GBP USD. The market has formed a doji candle stick with a long wick on the key level,. now we need to see the next candle close blow before taking entry short ⏰
Entry: Short position recommended upon retest of 1.25800 support-turned-resistance. Stop Loss: Place stop loss near 1.26200 to mitigate potential losses. Take Profit Targets: - TP-1 : 1.25390 - TP-2: 1.24980 Conclusion: Favorable short trading opportunity post-breakdown. Maintain disciplined risk management. Disclaimer: Trading forex carries high...
GBPUSD Buy Now with 10 pips SL & 20 pips TP. As you can see that it has broken its resistance of tokyo session and has come for retesting. Feel free to buy from here.
Good evening everyone! Don't forget to put your thumbs up and write comment if you like the idea. The price moves smoothly into the long area. On Friday I expect to receive an impulse growth against the backdrop of the same decline in the labor market. First target: 1.26700 Final target: 1.28000
if the price broke the trendline i see that the support will push the price upward
GBPUSD we have been trying to sell GBPUSD since long time price consolidated and then took out the buy side liquidity, now price has broke out the sell side trendline liquidity. In our view, price will continue to drop at least for another 200 pips, then after we will wait for second safe entry. Good Luck Trade might be ready within next week since we will be...
GBPUSD did not change much in the last session, the situation remains unchanged, continue to expect the price to go down in the short term, the target is around the 1.25xx threshold, however you need to move the SL for short positions. to the 1.2640 area to reduce risks.
GBP/USD hovers around 1.2620 in dull trading GBP/USD trades sideways above 1.2600 amid a widespread holiday restraining action across financial markets. Investors took a long weekend ahead of critical United States employment data next week. Fed Chair Powell coming up next. GBP/USD is the forex ticker that shows the value of the British Pound against the US...
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Consolidation Phase in Short Time Frame Completed " 123 " Impulsive Waves
looking to go long on GU. waiting for POI to hit Overall trend is bullish on HTF. NOT A SIGNAL
Here on gbpusd price has made rebound around psychological level of 1.26000 and now making some rejection that means that going for LONG is expected and targeting profit should be around 1.26500 or more.
Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Detailed GBP USD forecast as well as a British Pound US Dollar technical analysis via moving averages, buy/sell signals, and common chart indicators.
Targeting a drop with precise lines on FX:GBPUSD
In the 4-hour timeframe, GBP/USD appears to be favoring a short-term selling position following the completion of Elliott Wave's C point and a breakout below the ascending trendline. The price is currently forming an Elliott Wave pattern with waves 1 to 4 complete, featuring a 50% retracement. With the price now moving towards the 5th wave, traders may consider...
GBPUSD is trading along The rising Chanal And the pair has retested The line so as we are already Seeing a bullish rebound A further local move up Is to be expected !
GBPUSD fell sharply in the last session after creating a bearish engulfing candlestick pattern. Currently, the resistance level of 1.26 is showing signs of being broken, selling pressure is still very strong, continuing to expect the price to go down in the short term, The target is still around 1.25xx. The position to enter a sell order at this time is not good....
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...