GBPUSD is at a major resistance level. I am expecting a rejection from this level. Waiting for strong bearish engulfing candle, then i will look for a sell opportunity. However, if price breaks above the resistance zone and closes above it, i will be looking for a buy entry. What is your bias on this? kindly drop your comments below
GBPUSD is currently touching supply zone and about to make a reversal. Exit at 2nd demand zone.
Sell GBP/USD after channel breakout Price need to breakout the channel and then only we need to take sell order
GBPUSD turns positive for the fourth straight week but this time around did a significant breakout of the 1.25000 level - climbing to a two-week high on Friday to set the tone for a bullish momentum ahead of the new month. However, bets for another 25 bps rate hike by the US Fed Reserve in the coming week could tilt an imbalance in the market influx. It is also...
Hey, GBPUSD, there is a huge potential for an upside. After the bullish flag is formed. With breaking the strong resistance 1.22000. And re-test the same area. But the price couldn't break through it. We are waiting for more upsid .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and...
Buy pounds in the specified range Of course, there are higher goals that will be updated
there are two scenarios are possible market can make rejection here and give a move or go back to main resistance level area and than drop i am interested in only selling in GBPUSD look for bearish confirmation on lower time frame and sell GBPUSD with your own money management always protect your capital and remember that patience pays
Potential Bearish Entry Dow Theory In Place - Lower High and Lower Low Expected in Place Formation of the rising wedge without bearish divergence. Entry at the break of wedge and support level. Bullish Trend Is Still Intact. (careful for your levels) SL & TP Levels are defined.
- this week is packed with news - my eyes are still on the recent daily high
First GBPUSD moved sideway and then moved upside as per our analysis. I believe it will rise more in next week. Keep an eye on DXY movement to trade GBPUSD.
Price has been in a correction on the H4 timeframe since last Friday. Following the Elliot wave correction, and price cycle for the week, Price was bearish Monday, bullish on Tuesday, Wednesday and Today (Thursday). I am expecting a bearish Friday. As confluence, price action is currently in the last phase of the correction. I would be watching to sell with...
British consumers remain affected by an elevated inflation rate, which stayed in double digits in March. Comments from a couple of Fed policymakers pointed to the US central bank raising interest rates by 25 basis points in early May, judging that inflation is still at problematic levels and monetary policy needs to be tightened. The market's immediate reaction to...
Hello, the GBP USd pair is in positive condition. There is a high possibility that the price will go up. After breaking the flag. The pair reached a resistance that it is trying to break through.Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
Because of the banking crisis and the expiration of the US debt ceiling, the market has exacerbated concerns about the risk of an economic recession. Looking at the world, the Ukrainian crisis, the European energy crisis, the food crisis and the refugee debt crisis, economic recession is actually inevitable, so the pound will not go into a bull market. Judging...
GBPUSD short Entry at Current Price SL: 1.24919 TP: 1.24132
LOB entry on GBPUSD 15 Mins for a Short position. SL Above the Asian session.
My Probability is that GBPUSD will continue to go down until hit the TP Zone. Right now I am focusing on a short SELL . Before making an entry, please compare it with your own analysis. This is a probability only and not 100% accurate.
Unexpected upturn in mortgage activity, investors should also look for a sustained rise in inflation Investors should keep an eye on the inflation rate, which is expected to steadily increase, along with the recent surge in mortgage activity. This could lead to the Bank of England taking action to tighten monetary policy. As a result, the British Pound could...