GBPUSD
New forecast
The price perfectly fulfills my last idea
and price reached to our targets +100 pip.
The GBPUSD rose up last week and confirmed breaching the 1.2321 level after closing trading above it last Friday, opening the way for further expected upward correction, recalling that our next target is at 1.2460 and 1.2508.
Therefore the upward trend...
The GBPUSD pair has recently exhibited a breakout above a long-standing resistance level. Breakouts above significant resistance points often indicate a potential shift in the trend or momentum.
After a prolonged period of being suppressed under this resistance, the breakout signifies a substantial change in market sentiment. Traders often interpret this as a...
Dear traders, the support zone as highlighted in my chart
has remained unbroken so far. Not only that, we also have a couple
of bullish reversal candlestick patterns including a hammer candlestick
that was formed on 26/10/2023.
So, a combination of these factors can lead to a further recovery
in GBP/USD. Keep in ming that price has already crossed the moving...
Hello traders, there was another dip in GBP/USD today and the price
visited the 1.2090 support zone. However, the dip was rapidly
bought and the price has rebounded 60+ pips.
So, my strategy is to buy the dips in GBP/USD as long as the support
zone stays intact. Target would be at 1.2250 and then 1.24
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.
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GBPUSD
New forecast
The price of GBPUSD rose yesterday and continues to move within the bullish intraday channel and it was succssecflly to breach the resistance zone , awaiting the resumption of the bullish wave targeting the 1.2270 AND 1.2321 levels as the next main station.
Therefore, the positive scenario will remain effective for the coming period. and...
Hey guys what's up Brandon here..so as promised I am going to give a breakdown as to why I think I lost the GU trade.
This one is entirely my fault as I saw the consolidation where I know liquidity would have been trapped and I chose to ignore it.
I also saw that GU was becoming very exhausted yesterday and I also chose to ignore that as well and now I am paying...
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...
GBPUSD
New forecast
The British pound against the dollar pair opens today’s trading with a strong rise, penetrating the 1.2156 level and settling above it, heading towards the resistance 1.2192.
Therefore the the downward will scenario will be remain valid and effective but to confirm that should stable under 1.1292 and then will reach 1.2125 and then...
GBPUSD
New forecast
The British pound pair fell against the dollar at the 1.2125 barrier, which formed a strong resistance that forced the price to remain above it. By closely looking at the chart, we find that the recent trading is confined within a bearish continuation flag pattern, and therefore, breaking the support 1.2125 will activate the negative effect...
Here gbpusd is about to go up but will make a little pull back before continue going up. So for my own decision is adviceable to wait untill it make a pullback to the buying point. So going for long is needed
GBPUSD
New forecast
The British pound pair against the dollar continued to rise to test the pivotal resistance 1.2192 - 1.2216, and we notice that the price begins today to attempt to break the resistance area , which its targets begin by breaking to confirm the opening of the way towards heading towards 1.2270.
therefore the uptrend scenario will be...
Hey guys, what's up Brandon here - So I just entered a sell on this pair (GBPUSD) and I briefly Breakdown as to why I took it
If we look at the details - everything aligns with sells nicely as the momentum is bearish on almost all timeframes with only 1 or 2 suggesting buys
Now on the few timeframes that may be suggesting buys we have to take into consideration...
Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are still in a bearish market structure from 4H timeframe perspective, so I am looking for a short position. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional mid figure 1.22500.
Fundamental analysis:...
Dear traders, we have the probable formation of a double bottom
pattern in the daily chart. In addition, we also have a bullish reversal
candlestick in the daily timeframe.
A combination of these two factors gives us a reversal bias in GBP/USD.
As per my previous trade idea, I have bought GBPUSD@1.2090 with SL below 1.20
and TP at 1.2350 is on my mind.
