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.
The buyers haven't retreated yet and I still see this pushing to test the previous high, this is a very strong resistance. I expect it to test this high of 1,21470, then retreat back down. 1,21470 I feel is a good entry point to sell. TP's on the Elliot wave 1,21470 TP
GBPUSD looks like bulls are in control as it bounced up from 1.193 key level due to short term weaknesses in US dollar index. The pair is tempting to break above the falling trendline and it looks to me that it will not hold. If we see a complete violation, we could see price extending to 1.226. For best entry we need to wait for a complete break above 1.213 and...
#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the...
We've seen a pullback today which was expected, however, we're clearly still in this descending channel. The NI protocol may have little impact on the pound. I still respect it to trade within this descending channel, putting in new lower lows, and higher highs 1,19007 would be my TP, as this is an area of support
GBPUSD decline from strong support i am looking for the target of 1.21 and above levels
GBPUSD💥1H-TIMEFRAME ANALYSIS 💗Hello ladies and gentlemen This is my new idea for 💥GBPUSD I hope my idea is clear Support me by like and share thank you Stay Safe💯💲💲💲 Good luck💰😍
GBPUSD is currently in a descending channel, but on the 4H timeframe, it's consolidating. The price rebounded from the strong support at 1.19300. The market created a bullish harmonic pattern . We expect further consolidation until a new trend is confirmed. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for...
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.
DXY is strong against the sterling pound. I think EURUSD will rise little bit more and will go to resistance, sell only if you got a rejection otherwise don't trade.
After a major impulsive phase last week where we bagged some pips. I expect a little pull back at this support level and i have also marked my entry zone. But if price breaks the support and continues to move downward, i will wait for a pull back re-adjust my entry and find a sell position. GBPUSD is bearish on higher time frame, i'm just basically looking for...
The pair printed equal highs, and bulls failed terribly to push price higher which in this case is a sign of bullish weakness. Seeing that US dollar index is also rebounding, we can expect GBPUSD to further weaken this coming week. I expect the weak demand to be violated to the bottom and price continue to decline towards 1.15395. We will be monitoring price for...
The US Dollar negated the bullish attempt at the beginning of the week and moved over 300pips its favor after positive consumer price index data on Tuesday. Though it edged lower during the latter part of last week's trading session hereby handing back some of the previous session’s gains after better-than-expected U.S. retail sales pointed to more interest rate...
GBPUSD: Long-Term Bearish idea The trend is Bearish making a series of LH and LL. My bias would remain bearish according to the technicals.
As you can see clearly, there is a double top on the daily time frame. I'm expecting a break of the kneck line then I will be opening a sell position. also Dollar index is showing some strength. I'm expecting Dollar pairs to gain strength soon.
hello guys we are looking at gbpusd on the 1hour time frame, you can clearly see what price is telling us at this point of time so we have a nice head and shoulder pattern price broke the neck line successfully and we are waiting for a retest on our 0.61 fib level or area before we can successfully take our buys we are looking at about 150 pips plus on this trade,...
As you can see, there is an important supply zone in front of the price, but on the other side, there is a big liquidity pool above 1.2269 which can be interesting to collect. The first scenario (which I follow) is the price rise from here or from the optimal buy zone which is 1.2013- 1.2044. In that case, the targets can be: 1.2188 1.2270 1.2320 The second...
Hello traders! ‼️ This is my perspective on GBPUSD. Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from OTE FIBO level. ‼️Attention!!! Due to the fact that we have news events on GBP & USD this week, the analysis can be invalidated. Like,...