GU exhibits an overall bearish trend on the higher time frame (HTF) but has recently shown a bullish uptrend in the past weeks. Consequently, my strategy involves seeking buying opportunities leading up to the next marked supply zone, followed by potential selling positions as the price retraces. I anticipate a potential dip, possibly reaching 50% of the 16-hour...
The GBPUSD continued its upward momentum, closing the week around 1.27100, a key level for the upcoming week. The Pound's strength is fueled by expectations that the Bank of England will delay rate cuts compared to the Fed and ECB. This sentiment was further supported by a decrease in Treasury yields following Powell's comments about the balanced risks of interest...
The US dollar's influence on the foreign exchange market is likely to weaken in 2024, especially in the second half of the year, according to a study by Currency Strategists. The survey, which included the views of 71 analysts, found that expected U.S. Federal Reserve interest rate cuts next year could lead to a weaker dollar against G-10 currencies. other. ...
Lately, the GBPUSD has shown a bullish trend, driven by the strength of the GBP and the relative weakness of the USD. In this video, we delve into a potential trading opportunity by examining scenarios across the 1D and 4H timeframes. We'll provide valuable insights into price action, market structure, trend assessment, and essential technical anaysis factors....
The price has recently breached the crucial daily support level of 1.26229, signaling a break in the bullish structure. Following this breakdown, there was a subsequent pullback in the price action, with a retest occurring around the resistance area of interest. This retracement was marked by a bearish engulfing candlestick, serving as a confirmation for my entry...
GBPUSD has made contact with the resistance zone, as predicted from last week's analysis. We're now faced with a decision to short or wait on the sidelines for more price action. How do we trade this? 🤔 It is not reasonable to short just yet because we do not have a sell signal! We're currently at the resistance level but without a confirmation of rejection,...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Nov 16 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...
The price adjusted down sharply in the last session after the mentioned Doji signal, the downward force is quite strong and GBPUSD is only gradually escaping the overbought state, this is the time we can sell lightly, waiting for the price. recover then sell back. Avoid selling below
Optimism prevailed in UK financial markets, with the pound/US dollar exchange rate hitting a 12-week high on improving consumer confidence and a solid business outlook. Promising despite continuing recessionary pressures. On Thursday, the pound rose to 1.2615 against the US dollar. This reflects a sell-off in government bonds that led to positive sentiment on the...
GBPUSD is showing a clearer picture compared to earlier, which piques my interest in engaging in pro-trend trades to sustain the upward bullish momentum. Currently, the price is in proximity to a favourable demand zone on the 3-hour chart, and I expect a bullish reaction to occur, aiming to surpass the equal lows above. My target lies close to my identified...
looking bullish trend in 1h timeframe beacuse follow 12345 waves
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.
Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
A potentially nice setup is forming on #GBPUSD. High trading activity around 1.2718 during its prior decline could act as a magnet for prices on the daily. The 200-day MA has flipped from resistance to support and no immediate signs of a top on price and OBV is confirming the rally. A strong trend has formed on the 1-hour chart with a potential bull flag. The...
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Completed " 123 " Impulsive Waves at Strong Resistance Level or Daily Demand Zone. If Breaks then it will Reject from the Fibonacci Retracement Level - 61.80%. Bullish Channel as an Corrective Pattern in Short Time Frame Entry Precaution : Wait for the Proper Rejection
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.23000. Like, comment and subscribe to be in touch with my content!
HELLO TRADERS !! As i can see GBPUSD has reached @ strong resistance zone and its near trend line friends i always try to caught the best entries with a very low risk and higher rewards its just an trade idea if you like then please comment and share ur thoughts with us too Stay tuned for new updates