Hello. After the pullback is completed, I expect the price to correct at least 50% of the previous move
After finding strong support under 1.32, GbpUsd has started its ascent and has broken above very important 1.3370 resistance. A short period of consolidation followed with the pair trading in a small flag. Now GBP seems ready for a new leg up and swing traders can target 1.36 very important resistance Interim resistance is at 1.35 zone. I'm bullish as long as the...
#GBPUSD is going to retest previous broken resistance 1.33700 then fly higher towards 1.35000
the weekly of this currency pair is currently downtrend
Wait for the market to reach the supply zones mentioned and place a short for some profit.
This is my idea on GBPUSD Expecting price to fall to 1.33338 What do you guys think?
Here is my view for GBPUSD on H4. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
This is my idea on GBPUSD Expecting price to rise to 1.32784 What do you guys think?
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Hello. After the failure of the specified level and the completion of the pullback, the price rises to the previous ceiling
Listed confluences: 1: Trendline Breakout 2: Inverse Head and Shoulder Pattern 3: Key Level Summary: GBPUSD has been selling off for serval day now. We are waiting for the breakout of the key level at 1.3277** on the Daily Chart as confirmation of the trade. Trade has a potential RR OF 4.43 to 1. We will be entering and holding this trade until around the end...
This is my idea on GBPUSD Expecting price to rise to 1.32784 What do you guys think?
The trend for GbpUsd is undoubtedly down, and since the 1.41 top in May, the pair has dropped around 1k pips. At this moment the pair is in a relief rally, and this can give us the opportunity to join the trend. In my opinion prices around 1.34 should be sold with a target in the recent's low zone
Recent trend Now GBP is trading in the area of record lows. Investors are in no hurry to open new positions ahead of meetings of the world's leading regulators. Today the US Fed will hold a meeting, and a block of statistics from the UK on the dynamics of consumer and production prices for November will be released. From the American regulator, market...
This is my idea on GBPUSD Expecting price to rise to 1.33184 What do you guys think?
Price is squeezing together between supply and demand, which side of the market is going to pop the bubble? Personally, I would like to see some upside but I am open to trade either way. We must not get caught up in a bias, be reactive, not predictive. Have a great trading week team, trade cautious around the news!
Confluences a. Multiple rejections on Major psychological level 1.32000 4H 10 wicks Daily - 4 wicks and 3 consecutive wicks b. 4H Higher high Daily - Not sure if it broke the previous structure (but broke in other markets) but it also filled two daily candlesticks that c. 4H FIB since it s making 4H leg (bought at 50%)
- MA looking bullish - 4H resistance was broken - Dominance candle - High volume breakout - Retest and buy