GBPUSD is technically moving to a downward price , expecting it to touch the yesterday's low at least as first TP.
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect we can see here bearish price action after a rejection from trendline + liquidity zone + FIBO 0.618. Fundamental news: This week is full of news in USA, on Wednesday (GMT+3) we have...
GBPUSD bounce from support as i was expecting. Price finally reached the first reversal area were we could look for short. I have another good level to add shorts, that is 1.26. This is a another resistance level on higher timeframe. First target area 1.2425, i will share my entry on my page
Based on the daily timeframe, GBP/USD appears to be exhibiting a bearish trend as indicated by a shift in market structure (ChoCh) and adherence to Elliott Wave theory with a completed 12345 pattern. The recent touch of the descending trendline coupled with the completion of the 4th wave suggests potential downward movement. With selling orders likely to be...
Weekly: 1. Direction: Bearish 2. Reasons: 1. Price respected the newly formed FVG 2. BOS with massive displacement 3. price is moving from IRL to ERL 3. Trading Range Box: 1.25403 to 1.23032 Daily: 1. Direction: Bearish 2. Reasons: 1....
Waiting for a retest of 1.25121 to short GBPUSD back to 4H swing low at 1.23109 If you agree drop a like and if you have any questions leave a comment :)
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...
A potential rising channel might form within the bigger descending channels (pattern within a pattern), the potential rising channel if completed to a touch by the top trendline will confirm a signal of price moving lower towards the 90% Rule. Price from there on might shoot upwards or continue to move lower.
Amidst the uncertainty characterized by global events, last week witnessed the GBP/USD pair caught in the crosscurrents of rising geopolitical tensions and pivotal central bank pronouncements. Bank of England's Deputy Governor, Dave Ramsden, took centre stage with remarks on inflation risks, yet failed to provide the anticipated support for Sterling as it plunged...
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
Greetings Traders, Yesterday, our focus was on minor bullish objectives, although it's important to note the prevailing bearish sentiment in the institutional order flow. Price successfully reached these objectives, notably the daily bearish order block. Currently, we've observed a bearish market structure shift on the H1 timeframe, signaling a continuation of...
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
Ethereum's (ETH) price continued a sideways movement on Thursday as the market still awaits a trigger. Ethereum isn't alone in this horizontal trend; several major index funds have also traded sideways, underscoring ETH's positive correlation with the traditional financial market. Despite the recent launch of spot Bitcoin (BTC) ETFs in the US, Ethereum's...
The next significant event on the horizon is the release of USA Gross Domestic Product (GDP) data. While this announcement has the potential to influence market direction, I anticipate it may not yield significant changes. However, it's essential to remain vigilant and stay updated for any developments following the release. Stay tuned for further updates as the...
Greetings Traders! Currently, GBPUSD exhibits strong bearish sentiment , marked by consistent draws on liquidity to the downside. We've recently retraced to a point of efficiency, effectively covering the inefficient price movements from the previous volatile downside move . Notably, we've interacted with a m15 bearish order block , with price action ...
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...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
#gbpusd forming LH & LL . supply zone for short 1.2460-80. stop loss above 1.2490, target: 1.2280