GBPUSD Hourly Trading Journal
I suspected that price would delivered to the equilibrium 1.25737 and IFVG.
I missed a morning trade by second guessing myself to paper trade, and I celebrate seeing the set up form.
It's likely that price could deliver to the IFVG at range 1.26130 and possibly to an order block at range 1.26289 before coming down to the...
Hello Everyone,
Currently, we're progressing steadily towards maintaining a bullish outlook! To anticipate further bullish expansion, we require the price point to surpass the 1M PP and stay above! As mentioned, the outlook appears exceedingly promising at present!
TradeWithTheTrend3344
Pure technical analysis
GBPUSD just broke the lower channel from the former long range. The analysis is still coherent with our previous analysis on last Sunday. Now price tries to create a pullback.
We believe this is a nice opportunity to scalp the pair to 0.382 to 0.5 Fib zone.
Been waiting on a nice sell set up on GU and looks like it might be finally happening. Monitoring price action to see if we will end up getting a opportunity for London session.
DXY looking strong
gbp had a nice correction but the overalll trend still bearish wait for break of Structure on lower time frame ' 15 min ,30 min then enter trade safe
By the sharp Fall in 1h, a good correction is to be expected and considering OB Area and trend numbers, price can be effected buy it won't be too much and by the fibbo and 65% level, price can go upper and the big sell after confirmation is to be expected
📉The GBPUSD pair has been trading in a large sideways range for over a month. However, it recently broke below a significant support level within this range on a 4-hour chart.
This indicates that sellers have gained strength, suggesting that we may see a downward movement in the pair, potentially reaching a minimum target of 1.2500...Trade safely 👍✅
I want to try this sell, in my opinion probable reversal.
The real key regardless of any strategy is to have a decent risk/reward .
You win and you lose , so be cautious.
No financial advice, do your own research.
GBPUSD still on weekly supply zone then creates a potential supply zone nested in weekly supply area.
i expect price to further fall to the downside into 1.25616 - 1.25023 demand zone.
we are in strong bearish trend . the price grab the liquidity of London session , made SCOB , mitigate it and it will go down to grab the strong external liquidity
