As you're aware, I've held a strong bearish stance on FX:GBPUSD , not only anticipating a drop below the 1.25 support level but also expecting a plunge to the 1.2 level. So far, this prediction has been on point. Last week, cable confirmed its weakness as all rallies were sold off, failing to even retest the broken 1.25 support level. Maintaining my bearish...
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!
Time Frame: 4H Symbol: GBPUSD Entry: 1.23431 TP: 1.21931 SL: 1.24785 Bias: Short For GBPUSD we are one-sided for going short. The current energy and the unpredictability is as yet areas of strength for not there is an expectation of unexpected ascent in value motions and for that reason we can take a short trade assuming that legitimate cash the...
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...
Friday was very bearish for GBPUSD and the market formed a strong bearish candle on a daily. The pair managed to violate a wide and significant demand zone and close below that on a daily. The market may keep going lower next week. Next support - 1.222 ❤️Please, support my work with like, thank you!❤️
Hello traders, on account of US Dollar demand across the board due to news about the escalating Iran-Israel conflict, GBP/USD fell quite rapidly during the Asian Trading session on Friday. However, in the 4-hour chart, we can see that the price is currently at the lower trend line of the price channel. So, if the lower TL holds, traders can consider going long...
Time Frame: 4H Symbol: GBPUSD Entry: 1.24505 TP: 1.23109 SL: 1.25597 Bias: Short For GBPUSD we will short since we see no not so distant future for up move. The inclination is short for this instrument. We urge to take any trade cautiously during non unstable market.
H1:the GBP/USD remains on the defensive below 1.2450 ahead of UK Retail Sales data The GBP/USD pair remains on the defensive near 1.2430 during the early Asian session on Friday. The downtick of the major pair is backed by the stronger US Dollar as the strong US economic data and hawkish remarks from the Federal Reserve officials have triggered the speculation...
GBPUSD is in range so we prepared the trade plan by playing resistance and support, prepared two trade plans
Time Frame: 4H Symbol: GBPUSD Entry: 1.24627 TP: 1.26239 SL: 1.23452 Bias: Long The value example of this instrument is reminiscent of a reach bound and low instability set up. We are not extremely hopeful about any solid directional opportunity. We have extended in the graph as per rash move structure.
GBPUSD held above the lower boundary of the descending channel as well as support and dynamic support. The chart repeatedly failed to break the nearest support. The price formed a bullish takeover. We think that the chart is ready to bounce off the support. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for...
Look for buy opportunities on GBPUSD.it has indicated an upwards trend for the rest of this week. Follow us for more forex signals and updates thanks!
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...
Hello traders, the 1.24 level has remained unbroken so far in GBP/USD. There have been quite a few bounce-ups from this level. GBP/USD rose up by 70 pips after touching the lows at 1.2407. However, the small bullish impulse has meet with the hourly resistance at 1.2480 level and moved lower. So the immediate hurdle for the bulls is at 1.2480 level . Bulls need...
I am going long on GbpUsd as it is bouncing off a support zone and has broken the 1 he trend line. My setup will be invalid if it falls and breaks below the support zone
Time Frame: 4H Symbol: GBPUSD Entry: 1.24723 TP: 1.26064 SL: 1.23591 Bias: Long We are arranging a long trade for this pair. The cost level is contacting a brief time frame support level which will before long return to up course and set out a bullish opportunity.
In my post from last week regarding FX:GBPUSD , I mentioned my anticipation of a drop below the 1.25 support zone, along with an expectation for a continuation of the downtrend by 500 pips. These expectations remain unchanged. Moreover, with recent inflation data released from the UK surpassing expectations, there's a possibility of a relief rally being...
I expect a pullback here on GBPUSD. I think the price is on the way for 1.254. This a resistance area where could maybe see a reversal pattern and the pattern could resume the bearish trend