As market has broken its previous highs. We know what we have to do. Just wait for the market to come to its liquidity zone, place some buy orders, and enjoy some profits. Always use stop loss as losses are a part of game. Happy Trading.
#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...
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.
GBPUSD create Strong Bearish Divergence with a channel. According to the technical chart, seller will control the market. And there was an unmitigated order block, try to mitigate it! Short From 1.2433-1.246xx SL: 1.249xx 1st TP: 1.225xx 2nd TP: 1.216xx Risk Disclaimer Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks...
The British pound gained on Monday, bolstered by broad-based U.S. dollar weakness amid falling U.S. Treasury yields on bets that the Fed’s tightening cycle is nearing its end. Against this backdrop, GBP/USD rose about 0.5% to trade slightly below 1.2400, approaching confluence resistance at 1.2450, a technical barrier where the 61.80% Fib retracement of the 2022...
The GBP/USD has experienced a strong rebound from the 1.2275 level, and experts at Scotiabank anticipate that the pair will exert upward pressure on the resistance level of 1.2445/50. No crucial details have been left out in this paraphrase. Bull trend holds The manufacturing data for Mar CIPS was adjusted down by a small margin from 48.0 to 47.9, however, this...
GBP/USD has reversed from the 1.2430 resistance level and the price has slipped below 1.23 level during the Asian session on Monday. As you can see from the chart, 1.2430 is a strong resistance level from where the price has reversed on two previous occasions. 1.2230 is an important support in the 4Hour timeframe from where GBP/USD can rebound and reach the...
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: I think a multiyear downtrend is over now because the market formed a 1985 to 2022 double-bottom bear trap; you can be seen by using a yearly chart that the picture will be clear after if, in 2023 candle is clear inside bar with some bullish momentum 2:📆Monthly: a clear downtrend, but here are some...
Sterling seems more bullish against the USD. As we all knows that the market condition of USA is not good and the politics instability decreasing the value of USD.
At the beginning of the European session on Tuesday, the dollar increased slightly but struggled to surpass its recent five-week lows before the Federal Reserve's newest policy-setting meeting. The Dollar Index, which measures the US dollar against a basket of six other currencies, traded 0.1% higher at 103.025 at 04:05 ET (08:05 GMT) after falling below 103 for...
Here is my view for GBPUSD on H1. 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!
GBPUSD create Strong bearish divergence with a rising wedge pattern . And surely there was an unmitigated order block, now it has also been mitigated! Remember, there is no place for luck in trading - only strategy! Risk Disclaimer Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not...
gbpusd looks to be setting up missed loads of good trades today lets see if it plays ball
Wait for the change of momentum in the area specified. Take the short trade. Both the Take Profit levels are mentioned in the graph. Enjoy some green pips. Happy Trading
GBP is one of power currency but at first needs to complete correction. i think there is small correction and after that breakup the big triangle.
GBPUSD is in an uptrend and it has reached the point of reversing on that leg of the next impulsive move. So think of it do you see my analysis worth it?
Scalp with the trend 1hr and 30m 2b reversal took profits at 12 pips as daily target had been met
I have expecting to see some nice reactions from 1.23238 - 1.23345 AOI