FX:GBPUSD FOREXCOM:GBPUSD Hello Traders, please check out my previous ideas. This is my first analysis on GBPUSD daily. If the Pound stabilizes above the yellow zone (crossing the weekly Bollinger midline), the price can climb up to the 1.30 level. In the opposite scenario, if the price does not follow the conditions of the previous scenario, the price can...
wait untill the order fills after that wait again untill hits TP. Simple is that.
Outlook for GU for a long reversal. I still believe we will be expecting new highs soon, to the Monthly FVG and quite possibly to the NWOG above it. I have some potential iFVGs that will be reused as support later on. For lower prices, I am anticipating retracement into the Daily Breaker Block, or back into the NWOG. There is a 2 Week FVG and Daily Order Block...
High time frame bearish trend line beside clear HTF key level, could drive GBPUSD lower, forward 1.19.
We're seeing price test a key overlap resistance at 1.2697 which is a 127% Fibonacci extension, 61.8% Fibonacci retracement and an overlap resistance. A reversal from here could see prices drop all the way down to 1.2613 which is a multi-swing low support. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a...
As predicted GBP/USD made a fake out to the upside causing confusion. It has failed to gain momentum at the POI to continue bullish and now broke the previous low. The currency is officially Bearish until 1.22030, it could continue to drop to 1.19032
Let's have a look at 2H TF, after analyzing Daily TF. Sharp bullish movement expectation.
Sharp bearish leg after being range for a while, sign of STOP HUNTING zone. Now we expect more falling, after bullish retrace.
I've been closely monitoring current LTF price action and about to go short on this pair. We've retested last weeks broken dynamic support, and running out of steam right now. I'm seeing DXY continuing to grow, to at least 105 in the coming week or so. BoE hawkish sentiment, failure to get inflation under control, despite hikes gives the mark no confidence, and...
Today's price action on the GBPUSD was more of an indecision day, although still bullish in the long term. My area of interest is the 1.2520 level where I'll be looking to buy. It's a significant level, in my opinion, which hasn't been tested since we broke above it yesterday. The S2 Pivot Point falls in line at that level where I'll be entering with a 1.2610...
Hey traders, bullish weekly candle and important key level can push the price up further
Hey Traders, Some visible patterns of GBP. Bearish in more probable.
Hey Traders, Bullish channel breakout + weekly Doji candle + 2T pattern. High probability reversal setup
According to previous analysis, price makes a fake breakout (FO), so we expect downward sharp momentum.
Hey Traders, Weak breakout according to last week candle and daily wave momentum near HTF key level. Bearish is more probable.
HI Dears If you look carefully at the chart of the British Pound (GBP/USD) you will see the bearish scenario. I will tell you the reason by the RTM method. The price made a powerful 4h FTR and also an MPL zone. after that, the price broke the 4H trading range but in fake mud to gather the liquidity that is needed for a powerful downtrend. After that the price...
The possible scenarioes of Pound/Dollar is indicated on the chart, pay special attention to the supply and demand levels indicated on the chart! Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.03.2023 ⚠️(DYOR) ❤️ If you apperciate my work ,...
Hey Traders, Bullish Compression on Cable. Bearish is more probable, but we need more signals, Still Bullish.