U.S. Dollar / Pound Sterling
GBP FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE The overall bleak economic outlook for the UK, with exceptionally high Inflation and rapidly falling growth have been the biggest negative driver for Sterling. With rising price pressures and falling demand, the risks of stagflation has risen substantially, so much so that the BoE have forecasted a possible...
The British pound struggled to float above the 1.20000 area before the end of last week's trading session to keep the hopes of a reversal pattern hanging. In this video, I explained in detail how to take advantage of either possibility during the new week with updates coming up in the early hours of the new trading week...See you soon! Risk Disclaimer: Margin...
The market made double bottom and now moving upside. Further Dollar Index getting weaker, so by this GBPUSD will go more up.
GBPUSD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
Hello,Traders! GBPUSD is trading in a downtrend But the pair looks locally oversold So given that a strong support level is ahead I am predicting a rebound and a bullish correction After the pair retests the horizontal support and broke the downtrend line! Like, comment and subscribe to boost your trading! Hamidreza Tajbakhsh.
British Pound is moving in an Ending Diagonal Pattern , and it was able to end its main wave 4 at 1.4251$ . So now Pound is running in main wave 5 . And I tried to show you the end of the main wave 5 in my chart: Where is the end of main wave 5 ❗️❓ 🎯 Target 1 🎯: 1.1383$ until 1.1324$ ( Cluster of Fib ) at my TRZ (Time Reversal Zone). 🎯...
In this chart we can see a very good bearish signal and we'll be looking to go short on the cable we're breaking lows after every retracement and until we've cleared the 'draw' we are bearish this a continuation to fridays' monthly open . Good luck and goo trading ALWAYS BE REACTIVE NOT PREDICTIVE
As you can see In the last upward correction wave and Strong upward price movement , we could recognize BUY order blocks after forming (BOS) and this upward movement can advance to its nearest OB in front of it.
Trend Traders there is a great trading setup for you. Structure Trade setup within the Supply Zone. You can wait for further confirmation to engage the trade.
GBPUSD is currently in a Wave 3 of B and creating a Head and Shoulders pattern as a pullback before continuing the downtrend to complete Wave B.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
FX:GBPUSD gbpusd buy gbpusd buy gbpusd buy gbpusd buy
.This analysis is a person's opinion .Follow me to see more analysis .Analyzer: Joseph .Date of analysis:03jul
This could be the trade of the month! A long idea on GBPUSD. Wait for the price to show you its mood. Two areas of high value are around. The parallel ray line from the 2nd touch on the trend line. The price can bounce back forming a double bottom up wards from there towards the blue ray line. Or the price can break below to the 3rd touch point along the trend...
British pound will go down.. will continue decline. if you look at the weekly time frame, it can be seen that the GBP market is still in a state of decline
Strong bullish move to this area of resistance. Next week I will be looking for retracement to the 50% are before turning to continue the bullish move. 7/2/2022
Hello, Friends! After some time of sending us mixed signals GBP/USD is finally giving us a solid bullish bias And judging by the price action at the lower timeframes The pair is about to go up! BUY! ✅LIKE AND COMMENT MY IDEAS✅