GBPUSD FX:GBPUSD | 4H BREAKDOWN OR BREAKOUT? - Apr. 17th, 2024 BUY/LONG ZONE (GREEN): 1.25350 - 1.26215 Can be extended to: 1.24820 - 1.26215 DO NOT TRADE/DNT ZONE (WHITE): 1.24260 - 1.25350 Can be reduced to: 1.24260 - 1.24820 SELL/SHORT ZONE (RED): 1.23000 - 1.24260 Weekly: Bearish Daily: Bearish 4H: Bearish FX:GBPUSD fell through the bottom of the...
GBPUSD - Feb. 19th, 2024 By request. BUY/LONG ZONE (not shown): Starts at 1.26250, adjustable to channel low. DO NOT TRADE/DNT ZONE (not shown): 1.25910 - 1.25250, adjustable to channel levels. SELL/SHORT ZONE (not shown): Starts at 1.25910, adjustable to channel high. Weekly: Bullish Daily: Bearish 4H: Bullish 1H: Bearish Weekly: Bullish, bearish if there's a...
GBPUSD FX:GBPUSD - Mar. 12th, 2024 BUY/LONG ZONE: 1.27970 - 1.29425 DO NOT TRADE/DNT ZONE: 1.27550 - 1.27970 (Extended area would be 1.26950 - 1.27970) SELL/SHORT ZONE: 1.25355 - 1.26950 (Extended area would be 1.25355 - 1.27550) Weekly: Bullish Daily: Bullish 4H: Bearish 1H: Bearish Previous bullish target is shown and for the visual I did extend it on the...
Price has been in uptrend and make some drop down . Look at elliote wave we can see that is also predicting BUY and that means our profit target should be around psychological levels of 27000 - 28000
GBP/USD recovers from the recent losses ahead of UK CPI. The monthly inflation could fuel speculation for another interest rate hike by BoE. US Dollar encounters difficulties amid dovish remarks from several Federal Reserve members. GBP/USD retraces the recent gains registered in the previous session, trading lower around 1.2200 during the Asian session on...
Pound Sterling capitalizes on improved market sentiment and BoE’s Mann hawkish commentary. Katherine Mann favored an aggressive policy-tightening approach. Investors shift focus to the UK August GDP data scheduled for Thursday. The Pound Sterling (GBP) stabilizes after recovering from a six-month low as market sentiment improves and Bank of England (BoE)...
⚡️The Pound Sterling (GBP) strives for a meaningful recovery after an intense sell-off, which was propelled by deepening recession risks. The recovery attempt by the GBP/USD pair seems delicate as UK factory activities face the wrath of higher interest rates by the Bank of England (BoE). Britain firms have shifted their focus on stabilizing margins and easing cost...
We have strong gbp , BOE must keep tightening monetary policy because of inflation (highest in EU if we consider bigger economics) , $ have labour market problems, what will affect on $ strength. I'm keeping my longs and if we will have retracement here is my suggestion on the chart marked - buy zone. If nothing changes we will have this trend continue.
on the 4h timeframe we see bearish move bec market 0.786% retraqcement complate
on the 1h timeframeframe we see bullish movement bec falling wedge breakout
After breaking the first resistance zone and crossing it, the uptrend moves with the aim of reaching the second resistance zone up to the range of 1.1755. I recommend that you don't make sales trades during this period and do Not trade against the trend. GBPUSD / British pound vs US dollar -------------------------------------------------------------- Please...
It is possible to enter a sell position in a corrective move. I must say that the risk of this trade is 50% and it must be done after the opening of the next one-hour bar. After this, we see an uptrend that we make the next trade.
So we had a clear W last week and feasted on the buys Technical in an uptrend move with the first V coming With a tall Asian range which I'm not excited about, we could see a break to the upside and get an M at last week's high The play will be to sell back into the Asian range (if we get an M at High of last week during London, else buy the W at the lows)...
Hello Dear Traders. GBPUSD is Now on a Major Key Level and May Something Happen in the Future that change Trend Direction. So it's better to be aware And Close or Don't open Long positions to see what potential or reaction will be here. look for your Money management and strategy at this Area. Good Luck.
Dollars weakness made GBPUSD fly last friday. Its curently respected my long term trendline. I'd be looking to short from there. lets see
Another of my trendline probabilities. lets see