Hello Day Traders, What you can see is a sell setup on GBPUSD... Looking at the daily timeframe, you would notice that this pair is bearish in structure... Although the bullish rally is drawing closer, it is always advised you trade what you see not what you want the market to do. The daily chart shows that there is likely to be another daily bearish candle and...
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, hope you are doing great, we have update on GBPUSD, price is still in bullish range. View on DXY is bearish alongside GBPUSD has formed AB=CD pattern indicating a further upward movement.
this is my trigger and positions with two different stop loss and two different take profit. One of them is for 15 min time frame and the other is for 1H time frame. please check the main analysis from GBP. there are all information about this analysis.
GBP-USD is trading in a Downtrend and the pair Will soon retest a resistance Cluster of the falling and Horizontal resistance levels At around 1.28060 and from Where I will be expecting A move down!
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.
Based on my analysis, it seems probable that the price of retest area SND will continue to trend bearish this week. This is because there is currently no dominant Bullish candle in sight.
GBPUSD is trading in an ascending channel. The price broke and closed above the psychological support level of 1.27000. Price action printed the head and shouleder pattern, and it's creating an AB=CD pattern as well. We expect a buying opportunity at the confluence level: bullish harmonic pattern, fibo golden zone, and psychological...
GBPUSD Daily Momentum is Bullish But H4 Pullback was Expected till this POI Zone as Highlighted. Lets Wait MSS at M5 or M15 and then Find Entry.
The pound has different conditions compared to gold and the euro. I don't think we will see a new bottom. Because the pound is still in an upward trend and we have not seen a structural failure and we are still in an upward trend in a higher time frame. unless the red block order, which is the last floor, is broken and the price is below this block close order. So...
GBP/USD Analysis: Sterling's Dance with the Dollar The GBP/USD currency pair, often referred to as "Cable," represents the exchange rate between the British pound (Sterling) and the US dollar. As of August 6, 2023, the pair stands at 1.2748, reflecting the current market sentiment and economic factors influencing both currencies. Recent Market Movements: The...
Hello traders, we want to check the GBPUSD chart. The price has broken a downward channel to the top and is currently in an upward channel. The price has pulled back to the specified key level and we expect this level to play the role of a support level for us and maintain the upward trend of the price. If the price rises, the first target we expect is 1.28000 and...
🚨GBPUSD HIGH PROBABILITY BUY SETUP🚨 * Here we can see clearly the next potential move for GBPUSD in coming hours. * EP(BUY STOP): 1.27077 * TP1: 1.27880 * TP2: 1.28328 * SL: 1.26477 * Keep your eyes close on your trading positions. * Happy pip hunting traders. * FXKILLA *
The GBPUSD pair faced downward pressure last week due to a dampened economic outlook caused by the Bank of England's aggressive policy amid fears of a recession. Despite this, overall sentiment for Pound Sterling remains bullish, as the UK central bank may consider more interest-rate hikes to tackle inflation. In June, UK's Consumer Price Index (CPI) softened to...
The Bank of England (BoE) is widely anticipated to raise its policy rate by an additional 25 basis points to 5.25% after the August meeting. However, such a decision alone may not be sufficient to stimulate the recovery of the British pound. The BoE needs to reassure markets that they will continue tightening their policy despite signs of easing price pressures....
I bring exciting news that presents a unique opportunity to leverage the recent Bank of England (BoE) rate decision in your trading strategies. The resulting divergence between BTC/GBP and GBP/USD has created a temporary relationship with immense potential for predicting appropriate moves. Let me shed light on this exciting prospect and inspire you to act. As...
Bullish Analysis for GBP/USD Following Corrective Move from 1.27251 to 1.26912 Introduction: The GBP/USD currency pair has recently experienced a corrective move. However, despite this short-term pullback, there are compelling reasons to believe that a bullish trend is likely to follow. This analysis will explore the fundamental and technical factors supporting...
Hi fellow traders, GBPUSD looks ready for a buy opportunity from the blue box area after completing this ABC correction. The trade will be invalidated if we break the red line. Target the resistance levels. Good luck and trade safe!