The GBPUSD has been experiencing sustained downward pressure, and I believe this trend is likely to persist in the foreseeable future. Nevertheless, there appears to be ample potential for a substantial retracement. Currently, we can see evident on the chart, a slight pullback, and I'm actively seeking an opportunity to capitalize on this retracement. In the...
GBPUSD dropped by breaking the support level at 1.24500, which became the resistance level. The market created the fibo cluster at the resistance level. Price tested this level multiple times, showing its significance. We expect a move down since we have bearish trade. ------------------- Share your opinion in the comments and support the idea with a like....
The GBP/USD currency pair is likely to face a downtrend due to contrasting economic conditions in the U.S. and the UK. Positive U.S. data boosts the dollar, while poor UK economic indicators weaken the pound. The Bank of England may not hike rates, unlike expectations of the Federal Reserve pausing its rate-hiking trajectory. Traders should eye key data releases...
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!
Today, GBP is bearish due to it's news perform L.H and LL last few days. We should wait for a good entry point after the market is exhausted. Another important factor to consider is the CPI for USD, which will also impact the market. Next Liq Zone. 1.23952 Price create this level as support 05 to 07 June. Price test this support to move further upside. Price...
GBPUSD Technical Analysis, Timeframe: H4. Here is the next possible moves .
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price filled the imbalance and mitigated bearish order block. Fundamental analysis: This week on Wednesday will be released monthly GDP on GBP, as...
GBPUSD 1H it's only my view. IOF is Bearish, but expecting bullish scenario in 1h time fame. 1h previous two lows been raided Let's see how it rolls
GBPUSD - D - Movement Prediction and forecast idea in medium term. level to Buy in zone.
✔️GBPUSD is expected to rise ✔️Recommended to consider buying from the balance and premium level 1.2460 & 1.2435 Zone ⚠️Buy the dips!!!
Hello traders, we want to check the GBPUSD chart. The price has broken the descending channel and pulled back to the specified key level. If this level can maintain the price, we expect the price to grow up to the next key level, around the price of 1.25800. Good luck.
Here is my analysis for GBPUSD on H4 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!
GBP-USD was making a Bearish correction after The breakout of the falling Resistance which is a Support now and we are Already seeing a bullish Rebound from the level so I think that we will see A further move up !
Hello, according to my analysis of GBPUSD pair. There is a good opportunity to buy, as the pair broke out of the descending channel and broke the double button pattern. Breaking the resistance at 1.25000. All these factors confirm buyers' control over the market. Good luck everyone
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.
Dear Traders, USD has been strong lately and market has been messy due to recent economic data, however, after todays strong GBP news we think in coming weeks GBP will be extremely bullish whereas we expect DXY to remain bearish for longer term. Let’s wait and see how it works out. Our main aim here is to wait for price to come to our area which has higher...
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.
looking bullish trend in daily timeframe bec follow descending channel