GBPUSD is approaching a key daily structure resistance. The price is currently stuck with a rising wedge pattern. To catch a bearish move from that, watch a reaction of the price to the support of the wedge. If the price breaks and closes below that on a daily, a bearish move will be expected at least to 1.225. Alternatively, a bullish breakout of the...
Here is my long-term view of GBPUSD. The chart shows all the demand and supply zones and possible scenarios. If you have questions, feel free to ask. 💡Wait for the update! 🗓️01/04/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Hey Traders, Two 3Drives near HTF Reversal Zone. Bearish is more probable, as mentioned earlier.
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPUSD. GBPUSD Is making rising Wedge Pattern. Here it has maximum Chances we can see a good drop in price after this Wedge Breakout. Keep in touch we will update further soon.
Hey Traders, Check this update on GBPUSD out and let me know what you think. I am looking to sell at the retest of the upper band of the Daily bearish Channel. Watch out.
Hey Traders, Stop Hunting Pattern. UpTrend is more probable.
✅GBP_CHF is trading in a Local uptrend and the pair Broke out of the narrowing Bullish wedge pattern which Suggests that with high Probability the pair is likely To go further up towards the Target around 1.13 area LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPUSD. GBPUSD has completed the retesting. And now here it has maximum Chances we can see a good drop in price. We will wait for confirmation. It will be confirm after one more candle. If it drop from this level we can see price around 1.20 Keep in touch we will...
✅GBP_CAD has reached a Cluster of the falling and Horizontal resistance levels So despite the strong bullish Momentum of the pair It seems that before the Bullish breakout we might See some correction From the cluster above SHORT🔥 ✅Like and Subscribe like a BRO✅
The GBP/USD has broken the weekly downtrend but faced support at the 1.215 level, which is also the 23.60 Fibonacci level. I expect the price to retest the previous resistance level around 1.228 to form a head and shoulders pattern before reversing down to attempt to break the neckline at 1.220. This would be a signal to enter a bearish trade with a target of at...
Hy dear members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCHF. USDCHF Is making double bottom Pattern and now this is almost going to bounce from this level. And after this we can see a good Bullish wave. In this wave we can see price around 0.94 to 0.96 As this is daily chart so it can take time. When Market...
Here is my outlook on GU this week. Please comment below if you have any questions.
Lots and lots of entries. I had even forgotten that it hit TP. So now we ride until but we move SL into further TP
According to analysts at ING, GBP/USD is currently fluctuating below the 1.2300 level after the Bank of England's recent decision to raise the policy rate by 25 basis points. The economists predict that the pair will soon test the key resistance levels of 1.2420 and 1.2500. Despite the rate hike, the Bank of England did not provide much guidance in their...
Bank of England keeps adding the fuel to GBP by raising the hikes. The yearly R1 pivot is at 1.37. That is where we might see GBP this year. FOR EDUCATIONAL PURPOSES ONLY.
I think price will be able to push to the 1.35 lvl as time goes on. The UK is struggling to keep its economy afloat while simultaneously the BOE is attempting to fight inflation. One or the other needs to happen and a soft landing is not going to happen, especially with double digit inflation. Canada's economy I think will be able to resist a recession. It may...
Pound to face a good resistance from 102 to 105. We can expect fall till 80 in form of wave C. Invalidation level is 105.2956. Stay safe and trade safe. Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade. ***Ignore the Indiavix and Yield parameters below the chart.***
Hello,Traders! GBP-AUD broke a strong Horizontal resistance level Which has turned into the Support level now and and As the title says the breakout Is confirmed even on the 2D Timeframe so we are Strongly bullish biased Buy! Like, comment and subscribe to boost your trading! See other ideas below too!