D1 GBPUSD analysis shows price chasing the 0.786 fibo extension area. the area is also a price target exposed to imbalance.
Here is my analysis for GBPUSD on H4 by using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Dear traders, after the FOMC event yesterday, GBP/USD pulled back from the highs. If we look at the daily chart, GBP/USD has not managed to break the resistance level so far. So, we can continue to look at the price action for a couple of days. In case price doesn't break the resistance level and we see the formation of bearish candlesticks in the resistance...
Entry for buy at the breakout of the level. As cup and handle pattern is formed. Wait for the breakout and then buy.
Dear traders, as I mentioned in my previous idea GBP/USD is slowly moving towards the 1.2680 resistance level. So, it would be better to wait and watch the price action at this level before executing any trades. Also, keep in mind that we have the FOMC event later in the day which could lead to a lot of volatility in GBPUSD pair. In case we can see the...
GBPUSD create a triple top pattern And anticipated short from 1.265xx to 1.237xx to 1.164xx in the long run.
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 analysis, an intriguing opportunity has surfaced for a potential short trade in the GBP/USD currency pair. The suggested entry level for sellers is at 1.26100. 📉💰 To maximize profit potential, three take-profit levels have been identified: 🎯 Take Profit 1 (TP¹): 1.25800 🎯 Take Profit 2 (TP²): 1.25500 🎯 Take Profit 3 (TP³): 1.25200 These targets aim to...
if you look at the existing curves, there is indeed a possibility for prices to continue to bullish to the SnD area, my analysis still hasn't changed. I still see this pair in a correction period. the upper limit is the invalid area, as long as the price does not rise more than the invalid area, it is better to look for opportunities to short.
Dear traders, despite yesterday's 100 pips fall which gave us a good profit of 87 Pips on our sell trades, GBP/USD has managed to recover. If you are planning on selling GBP/USD, I would recommend you to wait for a better entry. Keep in mind that a perfect entry is crucial to ensure your trading strategy is profitable. So, if GBP/USD reaches 1.2675 level and...
the price responded well to the SnD area and now it is back to bearish, we need to wait for some confirmation to confirm if wave b is complete. the short term target is to the trendline area and if the price continues to drop then we can prepare to short when there is a retrace.
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for longs. I expect price to reject from bullish order block + institutional mid figure 1.24500. My target is new high. Fundamental analysis: This week we have a lot of important news on USD & GBP, so...
Dear traders, we can see the formation of a rising channel in GBP/USD in the 4Hour chart. If you see the chart, we can see that there is a big bearish impulsive candle after touching the upper trend line of the rising channel . So, if this set up holds, expect GBP/USD to fall further and reach 1.2450 . Therefore, sellers can take advantage of this and consider...
Wait for price to reach the killer zone and look for that price moment in smaller timeframe or just a large wick candle formed in 1hr and take trase
GBPUSD 1:4 Beast Trade 1) Uptrend 2) Breaking Their Resistance 3) Good Fundamentals of GBP because of Positive GDP growth Rate 4) USD can be weak this weak because of CPI coming on Tuesday 5) 200EMI is below the Price Best and Simple trade
This is my simple trade for next week - GBPUSD Need confirmation before taking short when price hits the OB.
Dollar climbs on expectations of a still hawkish Fed The dollar has been boosted by the release of forecast-smashing U.S. jobs figures, prompting U.S. Treasury yields to soar as a robust labor market coupled with stronger-than-expected print on the Fed’s preferred inflation index earlier in May pointed to the U.S. central bank keeping interest rates higher for...
TRADERS, we still believe GBPUSD price will come to this region before it start dropping heavily, let's not miss out on this great opportunity. Price dropped recently due to bullishness of the DXY though next week NFP is our target. Which will help a lot. Like and Share. Thanks all, as always ❤️