GBP USD is falling from a supply level, a short sell has been executed now we wait for market probabilities
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...
Most emerging market currencies are not expected to recover this year's losses against the dollar in the coming months, according to a recent poll of foreign exchange strategists. The poll, involving 50 FX strategists, suggests the possibility of aggressive interest rate cuts by the US Federal Reserve, weighing on the performance of these currencies. A basket of...
My Trading plan: I will short GU around 1.26235 I will trail it to 1.24400 (2nd Target) but will load off some around target 1. Stop loss is around 1.26684. Reasons for shorting: 1. Retracement 2. Strong Resistance 3. Bearish trend Disclaimer: I am just sharing my trading idea. Also do your own analysis before taking any trade. Trading is very risky.
GBPUSD still on weekly supply zone then creates a potential supply zone nested in weekly supply area. i expect price to further fall to the downside into 1.25616 - 1.25023 demand zone.
GBPUSD shows a bearish momentum on daily TF based on: Dow Consecutive two LHs and LLs Daily Divergence Printed high volume bearish candle yesterday that broke previous resistance and confirms price action in bearish momentum ** Trade Plan** Placed Sell Stop instead CMP as possible chance- -price might retraced to previous resistance Placed TP between...
GBP/USD H4 Triangle Breakout Hints at Downside: Potential Sell Opportunity Emerges The GBP/USD pair on the H4 chart exhibits a bearish signal suggestive of a potential decline in the coming hours. A recent downward breakout from a symmetrical triangle pattern could offer a shorting opportunity. Key Points: Triangle Breakout: The price has been...
Hello Traders! This is my idea related to GBPUSD M30. I like the reaction from the OB, and I expect another bearish move before going bullish. I expect also that BOSS will be taken and after that, I will look for a long entry. 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...
GBP/USD lost nearly 1% on Friday and registered losses for the week as the US Dollar (USD) rallied on the back of the impressive labor market data for January. The pair holds relatively steady slightly above 1.2600 early Monday but the near-term technical outlook highlights a lack of buyer interest. Nonfarm Payrolls (NFP) in the US increased by 353,000 in...
FX:GBPUSD Dollar influenced in the beginning of the year is extreme probably after the major holidays, market moved back to normal level of volume. DXY is bullish because of news coming ahead in this week and other reason was most of the usd pairs were overbought such as gbpusd and eurusd. GBPUSD dropped heavily since yesterday and we expect price to continue...
Dear Traders. Our last idea on FX:GBPUSD we had given you an important update that price will go slightly higher around 1.2760 and then reject from there and price did the exactly same thing. Here is second update, price may touch 1.2702 area once again and then drop heavily or drop straight from this point. We will have to wait and see how DXY holds up the...
Initial position on GBPUSD taken out by a small margin as market headed up to touch our diagonal resistance which was created by our ascending channel which can be identified on our H1 & H4 timeframes within our overall larger structure which is currently in a consolidation(invalidating LTF QML formation). I’ll be entering a new sell position at 1.27518 with stops...
I followed the BoE meeting this morning. I'm not surprised to see officials voting for cuts already, and I believe the 2 votes for "hike" are more symbolic than actual, as the only possible option was maintaining the current rate. Technically, all the movements happened post 10, or when Chicago PMI got released. GBPUSD is more pushed by the bullish indices(which...
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Hello Traders, here is the full analysis. If it continue the bullish momentum then we can see GBPUSD drop even below in short time. 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...
This is how i got the GBPUSD iDea. So i believe the price is going to Drop. What are your thoughts on this ???
GBPUSD has been ranging for over a month now, but with the NFP outcome lastweek and the US pairs rallying, we are more likely to see a break to the downside. Thoughts ???
GBPUSD SELL opportunity 1.2610 TP 1.2334 GBPUSD BUY opportunity 1.2655 TP 1.2757 GBPUSD BUY opportunity 1.2535 TP 1.2635 Confirmation after the breakout support level. If Broke through support will reach to next support level 1.2370. The Current Resistance level is 4H 1.2827 and support is 1.2501