Hello,Traders! GBP-USD is going down To retest the risng support And after the retest I think We will see a bullish reaction And a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
💵Pair Name GBP/USD Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish...
Week expectation downward but the profile needs to work on it Daily >> Monday had no new driver so will be Small range day to up-side by tapping to the Fair value of Daily (Up-words) or go the recent form FVG Tuesday >> If Monday didn't tapped to the FVG Then Tuesday will go up for some tipping Friday >> Had also Red Folder Driver so continued in that rang...
Looking at the new declining Trend, shorting on GBPUSD.
This week, I'm feeling bullish on GBPUSD, and here's why: 1. Weaker Bullish Trend on Daily Chart: Although the bullish trend on the daily chart is weaker, the recent violation of previous resistance suggests potential upward momentum. 2. RSI Divergence on 1-hourly Chart: The presence of RSI Divergence on the 1-hourly chart indicates a possible reversal or...
Using market dynamics, mathematics,& the character of this market...I've concluded that GBPUSD will crash by 2% over the next month Price has taken LQ from the previous high where the golden ratio of Fibonacci retracement has shown the maximum climax of this rally up Price as a minimum would break 1.25030 and as a maximum 1.24000 Now I might go off topic here...
more insight to the previous analysis, upon reactions on the demand area i will take my buy position, but if price break through the demand zone then it's going to further sell to the next demand zone.
this analysis is purely bases on supply and demand alongside with the reaction on those areas i.e (S & D)
In comparison to the equities market, GBPUSD has been on a tear for the last few days with no sign of pulling back in sight. But with that being said, a short term retracement back into the weekly bearish order block (acting like a inverted OB) would still be considered to be healthy in the grand scale of the bullish buy programme that started in Oct 23. Looking...
Here's my view of the GBPUSD over the next few days. Since the start of the week, we've seen a nice correction. Today, the GBPUSD is approaching its OTE zone (between 0.62 and 0.78 Fibonacci). This zone is therefore one to watch very closely. There's plenty of liquidity to be had with a nice order block. The market is bullish on the biggest time frames (H4,...
The Bat pattern is a simple XABCD harmonic pattern that consists of four price swings and five pivot points — X, A, B, C, and D. ....... bearish rectangle is formed when the price consolidates for a while during a downtrend. Is a continuation pattern that occurs when a price pauses during a strong downtrend and temporarily bounces between two parallel levels...
We have a great zone here where price could go. Great zone and i will wait next week for the markets to get back on the zones.
✅GBP_USD is trading along the rising support And as the pair will soon retest it I am expecting the price to go up To retest the supply levels above at 1.2800 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
**long gbp **hit pdl **sl:below 15 min candle **tp:1.275
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
GBPUSD returned to the lower swing zone and broke away from the 50% midpoint at 1.27462. The swing zone between 1.2729 and 1.2735 is a key support zone. GBPUSD has turned lower on a day that has been down and up and down. In the fall, the price bounced back below the 50% midpoint of the uptrend from the March 1 low to the March high. This works out to 1.27462....
GBP/USD extends its sideways grind near 1.2750 in the American session on Friday. The US Dollar stays in a consolidation phase following Thursday's rebound and allows the pair to remain in range following mixed data releases. GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed...
-Hello everyone ! -Here is my opinion on GBP/USD: -P.O.I (Point Of Interest) -An increase in liquidity. -An interesting area. -Optimal Fibo (OTE). -No counter-trend. - FVG (Fair Value Gap/Imbalance) *Optional -Plus we have a very nice shopping area next to our TP! This is why I would see the GBP/USD going DOWN! 🚀 If you liked it and want more, don't hesitate...