Hello traders ,what do you think about GBPUSD? This currency has broken its support zone, it is expected to drop at least to the specified level after the correction and pullback to the broken zone. If this post was useful to you, do not forget to like and comment.❤️
GBP/USD Remains Defensive as Market Awaits Key Economic Data The GBP/USD pair finds itself on the defensive below the mid-1.2200s as the Asian trading session kicks off on Monday. Market participants are keeping a close eye on upcoming economic data releases, with the UK's Gross Domestic Product (GDP) for the second quarter and the US Core Personal Consumption...
GBPCAD is attempting to break below a key pullback support and momentum could cause it to drop lower for a potentially bearish breakout. Sell entry is at 1.65366 which is a pullback support; wait for the current 4-hour candle to close below the Sell entry prior to putting on the trade. Stop loss is at 1.66206 which is a pullback resistance level. Take profit is...
GBP/USD at Crossroads: Will Upcoming Economic Data and Central Bank Decisions Define Its Fate? The GBP/USD currency pair has been in the spotlight recently as it struggled to capitalize on modest weakness in the US Dollar (USD). Despite a brief recovery attempt towards the 1.2400 level, the pair lost its momentum, inching closer to the multi-month low at 1.2730....
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about NZDCAD. NZDCAD breaking the pattern. Here it has Maximum chances we can see a good Bullish wave. In this move we can see price around 0.82 soon. Keep in touch we will update further soon.
GBPUSD is under a strong bearish pressure. The price successfully violated 1.23 key daily support and closed below that. Retesting the broken structure, the price formed a tiny cup & handle pattern. The breakout of its neckline is a sign of strength of the sellers. The pair may continue falling. Support - 1.225 ❤️Please, support my work with like, thank you!❤️
GBPJPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 183.325 which is a pullback resistance that also intersects with the descending trendline. Stop loss is at 183.980 which is a level that sits above a swing-high resistance level. Take profit is at 181.758 which is a pullback support that...
Hello traders, Next week BOJ and BOE have important news for us. Those news could devaluate our analysis. NOTE: Entry, SL and TP will be announced in case of breaking the bullish trend-line
In the end, the old fox hunted the big devil of the dollar, and after the hunt for daily liquidity, he found his own fuel for free fuel, and I imagine a painful fate for him. Not financial advice
I am targeting sell-side liquidity for GBPUSD. There are two scenarios to reach that point. The first scenario is (that I follow) price can go lower from here. The second scenario is the price test of the bearish order block and then goes for the sell-side liquidity. 💡Wait for the update! 🗓18/09/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
GBPJPY is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 182.957 which is an overlap support. Stop loss is at 181.800 which is a level that aligns under the 78.6% Fibonacci projection level. Take profit is at 184.462 which is a multi-swing-high resistance that aligns with the 50.0% Fibonacci...
The big story of the day is of course the Fed signaling one more rate hike this year. At the conclusion of its FOMC meeting a few hours ago, The U.S. Federal Reserve held interest rates unchanged, but projected another rate increase by the end of the year. Additionally, higher for longer is probably the new reality, with projections showing rates falling only...
We can see that GBPNZD has broken below the mid-point of the rising channel. Looking for sells going into the BoE rate decision this week, with NZD generally strengthening and GBP generally weakening. Depending on what happens on Thursday we we'll see either a break of a bounce off this point. I'm targeting 2.072 initially, where I see confluence of the rising...
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about DXY. DXY is exactly Moving according our analysis. Now this is at the main support level. Here it has maximum Chances we can see a small Retesting here then it will again moving to upside. In this small Retesting we can see price around 104. Keep in touch we will...
Hello traders, UK GDP and BOE decision making meeting could change the market direction. Daily view 4H view There are 3! entries and 1 TP for this pair. Levels calculated order_block, regarding support and resistances, channel and pivot points.
We can see that GBPAUD has broken the weekly rising trendline with gusto at the end of last week. We have a small pinbar close on Friday which suggests a retracement back up to retest. I'm expecting strength to build up for the AUD with the positive signs coming out of China, we can see it is recovering across most crosses, and sterling weakening. BoE decision...
Another falling wedge? Looks jumpy. I just opened a long position, yen pairs are getting stronger across the board, I like this one right now because it hasn't pooped yet. SL when daily candle closes, don't trigger it until it closes due volatility.
FX:GBPUSD OANDA:GBPUSD Hello Traders, please check out my previous ideas. If the Pound stabilizes above the weekly Bollinger midline, the bearish scenario won't be fellfield. In the bearish scenario, the price can fall to the yellow zone. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you...