GBPUSD is trading in a strong bearish trend. After the price set a new lower low on a daily, the price retraced to a falling trend line. Testing that, the pair formed a bearish engulfing candle, confirming a strong bearish reaction. I believe that the market may easily retest the local lows now. Goal - 1.214 ❤️Please, support my work with like, thank you!❤️
GBP-USD is trading in a Downtrend in a falling Channel and I think That we will see Bearish continuation!
Hello Everyone. I want share my idea about GBPUSD. Friday we saw some alive moves of GBP after big and strong fall, but it was actually correction which gave us perfect High, it broke little time 4h Resistance which was manipulation, start strong up movement at lowers timeframe and then got strong rejection and came back down. whit that movement we can see big...
GBPUSD stabilizing above 1.2250 will support rising to touch 1.2300 then 1.2376 then 1.2399 stabilizing under 1.2250 will support falling to touch 1.2204 then 1.2165 pivot price: 1.2250 Resistance prices: 1.2300 & 1.2376 & 1.2399 Support prices: 1.2204 & 1.2165 & 1.2035 timeframe: 4H
Hello traders, yesterday before the start of the London session, I published an idea on how GBP/USD could start an uptrend. As you can see, price has moved more than 130 pips to the upside since then. 📌In the hourly chart, you can see the formation of strong bullish impulse candles. The three white soldiers pattern can also be observed. 📌Price has broken through...
Hello everyone, GBP/USD is on a continuous downtrend after hitting the highs on July 14. Since then, we have witnessed more than 70 days of downtrend. 📌Currently price is in the vicinity of 1.2120 Level. More than 75% of the retail traders are long on GBP/USD, which indicates that it could take a while before price reverses. 📌 The next key level lies in 1.18 ....
Based on my analysis, I'm currently focused on pursuing continuation shorts for GBP/USD due to the prevailing bearish market conditions. However, should the market dynamics undergo a transformation, I'll be setting my sights on targeting the FVG D for potential buy opportunities. Keep an eye on this evolving scenario and stay adaptable in your trading strategy. 📉📈...
GBPUSD stabilizing above 1.2155 will support rising to touch 1.2250 then 1.2300 then 1.2376 stabilizing under 1.2155 will support falling to touch 1.2103 then 1.2061 pivot price: 1.2155 Resistance prices: 1.2250 & 1.2300 & 1.2376 Support prices: 1.2103 & 1.2061& 1.2018 timeframe: 4H
GBPUSD Analyze If a price can stable above 1.2190 the direction will be uptrend again to reach 1.2221 , 1.2249 , 1.2298 For any reason if the price backs off and stable under 1.2190, the price will try to reach 1.2158 If can break it then will reach 1.2127 and 1.2102 Support line:1.2158 ,1.2127 ,1.2102 resistance line: 1.2221 ,1.2249 ,1.2298
Welcome back! Let me know your thoughts in the comments! ** EURUSD 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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
GBPUSD The downward trend scenario will remain valid and effective for the coming period stabilizing above 1.2155 will support rising to touch 1.2207 then 1.2250 then 1.23000 stabilizing under 1.2155 will support falling to touch 1.2103 then 1.2061 pivot price: 1.2155 Resistance prices: 1.2207 & 1.2250 & 1.23000 Support prices: 1.2103 & 1.2061 & 1.2018 The...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
hello traders this is my analysis for GBPUSD based on the fib the zone is very good to buy, as always risk managment is the key.
Gbp is very weak and this is visible with all its counterparts and, in the case of USD, British Pound has lost almost 1k pips since mid-July, smashing all my down targets. Last week Cable also dropped under May's low and nothing seems to stop it. Technically, at this moment, 1.24 is resistance, but in my opinion, it will not retest (as weak as it is) That being...
GBPUSD SELLS in play. 1. Potential Bearish Trend. 2. USD is strong meanwhile GBP is still weak. 3. Short term buyers pressure. We are looking to go Short on this pair, As the price is heading towards the resistance zone. We will look for confirmations on the lower time frames.
Due to DXY strong bullish behaviour we are expecting price to continue the downtrend for upcoming months. Even the many large institutions have predicted GBP weakness in coming weeks.
Here is my analysis for GBPUSD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Dear Traders, Hope everyone having a great week, we have an excellent buying opportunity on $FX:GBPUSD. DXY is extremely bullish and recently it has been overbought, mainly due to that main reason we think price will be bullish in coming week. If you like our work then please do like our ideas and comment your views let's make the trading community easy to...