GBPUSD is going to retest the last high look for bullish confirmation on lower time frames and buy gbpusd with your own money management always remember that patience and discipline are the keys to become successful in financial world
Dear traders, in my previous two GBP/USD ideas I recommended selling in the 1.2650 level. As you can see, price has fallen more than 200 pips since then. In the daily chart, we have a clear resistance zone marked with multiple bearish candlestick patterns. So, it is likely that GBP/USD will continue to drop. However, I do not recommend selling at the current...
Until now this analysis is still valid, we are just waiting to see if this pair will continue to be bullish, or if it's time for a reversal. There are several parameters that must be passed for this reversal to occur, wait patiently.
Hello Traders, FX:GBPUSD is on support and can bounce to target 1.256. This is an intraday idea. Thanks
Currency Pair : GBPCAD Possible direction : Bullish Technical Analysis : 4H price just grabbed multiple liquidity from he support zone and creating bullish price action toward the imbalance area. Daily price has just has formed doji that has passed 2 days low, grabbed liquidity and then rejected towards the upside. Weekly and Monthly long term bullish...
Hello Traders, GBPUSD today is heading around 1.258 after 1.263 rejection. 1.236 is our daily pivot
Buy Stop: 1.2540 Stop Loss: 1.2490 TP-1 : 1.2590 @ 1:1 Risk / Reward Ratio TP-2: 1.2640 @ 1:2 Risk / Reward Ratio
Hi. I think this area is a good demand for shooting price to up you can get confirmation on it
Fundamental Overview The GBP/USD pair has fallen below 1.2600 early on Thursday after reaching a peak of 1.2680 on Wednesday, marking its highest level in a year. In the short term, the technical outlook for the pair appears bearish, as attention turns to the Bank of England's policy announcements. The US Dollar weakened on Wednesday following the release of...
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.
GBP/USD is demonstrating some bearish price action in the daily timeframe. The 1.2670 level is acting as a strong resistance in the daily chart. If the resistance continues to hold, I am expecting further declines in GBPUSD towards 1.2350 level. I recommend selling the rallies in GBP/USD. Ideal sell entry would be close to 1.2670 level with Stop loss above the...
gbpusd is currently tested its very strong supply area which is also an strong resistance zone we are looking for a sell on the gbpusd look for bearish confirmation on lower time frames and sell gbpusd with your own money management always remember that discipline is the key to become successful in financial world
After a few hours I considered this signal, now I'm sure and if it ends up failing, it's fine *Analysis As we can see, there is strong structure area ( minor structure ) after major structure break so we can take advantage of it when the price comes back, when you ask, why is the entry area below the support area? it's because of my tolerance for the price,...
On Monday, the dollar continued to show weakness against most of its major counterparts as traders awaited the Federal Reserve's acknowledgement of the end of its hiking cycle, while also hedging against the risk of a potential recession. Traders are also keeping an eye on the debt ceiling impasse in Capitol Hill, with the Treasury Secretary warning of possible...
Hello Guys, GBPUSD is currently at a strong monthly supply zone and the price has just swept a weekly buy-side liquidity pool so it is fair to expect GBPUSD to short. However, I would like to see this pair open on Monday and go bullish to tap into a monthly FVG. If this happens as marked on my chart, I would have full confidence to be looking for a setup to take...
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1.✨Eagle Eye: Based on the multi-year double-bottom bear trap formation and bullish momentum on the yearly chart, it appears that the multi-year downtrend is over. We will have a clearer picture once the 2023 candle is formed with some bullish momentum. 2.📆Monthly: While there is a clear downtrend, there are solid...
Expecting a long push to the upside towards the 1.26736 direction to 1.28770.. Watch closely though we might get a retracement before 1.28
Hey, GBPUSD, there is a huge potential for an upside. After the bullish flag is formed. With breaking the strong resistance 1.22000. And re-test the same area. But the price couldn't break through it. We are waiting for more upsid .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and...