Hello Traders, today we have a cup&handle formation on FX:GBPUSD targeting an 80 pip movement. Entry, stop loss and take profit on chart.
a bearish channel formed on the 15-30m timeframe, During the Asian session, accumulation occurs, usually during the European session there will be a distribution session, most likely a bearish one will occur
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after trendline liquidty taken above it had masive move down and created supply area lower we had again had trendline liquidty broken current supply is working as an inducement however supply above has an imbalance and it a more confirmative to sell
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. My point of interest if price take sell stop liquidity and rejects from bullish order block. Like, comment and subscribe to be in touch with my content!
GBPUSD is trading within a rectangular chart pattern and price has reached the upper rib of the channel
Taking a look at the GBP/USD daily chart, it seems the price has reversed. At present price has dropped more than 250 pips from its high of 1.2677. It seems all set to drop further to 1.2280 which is the first area of support. However, at the current price level, I would not recommend opening fresh sell trades. Instead, it would be safer, if we wait for a...
GBPUSD showing a lot of weakness, currently this pair is oversold, we got a DOUBLE SHARKFN on H4 and we are hitting the 200ema on H4. We are looking at a continuation setup here and to position for the next IMPULSE LEG we have to wait for GU pullback back up to the PMthH level for a SHORT. #1 ENTRY (Risk Entry, Good Reward) -: Enter SHORT ONLY when GU...
#GBPUSD in Daily time Frame Setup In this setup GBPUSD will down on coming week after breakout We are looking for Breakout proper then We Enter for Sell.
Dear traders, in my previous two GBP/USD ideas I recommended selling in the 1.2650 level. As you can see, price has fallen more than 200 pips since then. In the daily chart, we have a clear resistance zone marked with multiple bearish candlestick patterns. So, it is likely that GBP/USD will continue to drop. However, I do not recommend selling at the current...
After briefly breaking the 12-month high from May 2022 of 1.26670 this week, a wave of selling came in amid a big news week. The Bank of England (BoE) jacked up the UK Bank Rate to 4.5%, marking the 12th hike in a row. Despite two dissenting votes, the committee expects more tightening if price pressures persist. This could mean the rate peaking around 4.75% by...
GBPUSD has broken a significant trendline and support level and is expected to return to lower support levels. Good trading! If you find it useful, like, follow, share!
In this TradingView analysis, we will discuss the short trade setup for the GBP/USD currency pair in the upcoming week. By examining technical indicators, key support and resistance levels, as well as fundamental factors, we aim to provide traders with a comprehensive understanding of the potential bearish momentum and trading opportunities in GBP/USD. Thanks
gbpusd have gaven me a great short position from top, now Im ready to add more volume on short position in demand zone. but if gbpusd see the tp first, I'm gonna enter in a long position on both two supply zones (blue and red boxes). I will enter one third of my volume on the touch and other in the middle of the box and will save tp for r/r=3 and 5. good luck ❤️
GU complete level 1 and should move on to level 2 short tomorrow, if it continues with the market maker cycle, after a mild pullback to the upside we should see a drop past todays low
Hello Traders, FX:GBPUSD is on support and can bounce to target 1.256. This is an intraday idea. Thanks
Hello Traders, GBPUSD today is heading around 1.258 after 1.263 rejection. 1.236 is our daily pivot
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