Hi there, We are on a powerful resistance in GBPUSd and two powerful trendline in longterm. We sell it today, it is little risky but good profit is in the risky situation. O: 1.252 TP: 1.222 SL: on chart Be success
GBPUSD H4 This chart highlights the H4 trend edging towards our sell zone price of 1.26. There are several confluences converging at this price level, bolstering our anticipation of a reversal and a resurgence in dollar strength. We've taken proactive measures by setting alerts and now await developments with patience. This forthcoming bullish extension could be...
GBP/USD Daily Chart Outlook GBP/USD is attempting a recovery wave from 1.2300. Important Takeaways for GBP/USD Analysis Today The British Pound started a recovery wave above the 1.2400 resistance. There is a key bearish trend line forming with resistance near 1.2520 on the daily chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On the daily...
Long GBPUSD, 1H entry 1.25279 - 1.25168 sl 1.24812 tp 1.26680 move sl to entry if price reach 1.25672 OANDA:GBPUSD
Based on my analysis, I believe it's time to initiate a short call for the GBP/USD currency pair. The 1-hour time frame indicates a divergence that can be taken advantage of. This is a great opportunity to make a profit.
Hello Billionaires!! It looks like a good time to buy GBPUSD because the trend is going up. Just remember to keep an eye on the market in case things change. Also, make sure to protect yourself by setting stop-loss orders below the support zone to avoid big losses if the market suddenly goes down. Its a Fibo Golden Technique 🤏😎
Quick update on GU, entering short here and targeting 1.20 levels
Bearish, re-tracement leg in progress. May generate more liquidity within range before tapping into zone for potential lower price. Patiently waiting for price to reach area before initiating sells. Safe and happy trading.
As you're aware, I've held a strong bearish stance on FX:GBPUSD , not only anticipating a drop below the 1.25 support level but also expecting a plunge to the 1.2 level. So far, this prediction has been on point. Last week, cable confirmed its weakness as all rallies were sold off, failing to even retest the broken 1.25 support level. Maintaining my bearish...
Gbpusd short projection with the following confluences Trend: Price currently making lower lows and lower highs (downtrend) Level: break of support level now acting as resistance Fib levels: rejection of price from 50% and 61.8% fib levels Signal: daily bearish engulfing candle on fib levels This is more of a swing position. #lessismore
The price is moving inside a short term down trend channel and retracted back to previous support line and now working as pressure line. The SlowStoch is in over bought level and crossed in 16 hours time frame. RSI is in 50 level and turned to south. Try to short and target is the down trend channel bottom line area. It could be the fifth wave to South.
Daily: - Bullish M1 - Daily FO - Bullish indication candle *BOC still not tapped Weekly: - Candle close with us - S&D zone with us - FIB completion -27 with us 4H: - Bullish M without BoS *Daily 100 level is in our favor right now and waiting to be tested as support again (white box)
First step: Identify trend. Price is obviously in an uptrend locally. This can be seen by price making higher highs and higher lows every day. Step 2: Wait for the New York initial balance to form in order to make an educated discission. You can see the IB form, which is the A and B blocks. After the IB is formed CDE bocks formed a failed auction below the...
GBP USD sliding down with a trend line intact for now. Expecting USD to rise due to FED being unable to cut rates. This is still a high possibility . A strong rise above the trend line could trigger a break upwards and if not, GBP USD is continuing towards 1.2 area.
GU is at a daily AOI and to the left, within the AOI is some juicy price action. watching price slow down and give confirmations on LTF would be ideal. #gbpusd
My dear friends, Please, find my technical outlook for GBPUSD below: The instrument tests an important psychological level 1.2488 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.2407 Recommended Stop Loss - 1.2538 About Used...
The Pound (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.2521 which is a pullback resistance. Stop loss is at 1.2588 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at 1.2426 which is a pullback support. High Risk...
Hello everyone, Today, the GBP/USD pair saw an uptick, approaching 1.2535 at the start of the Asian trading session. This rise is primarily fueled by a sharp decline in the US Dollar (USD) following the Federal Reserve's decision to maintain interest rates. From the technical charts: GBP/USD has left its previous downtrend behind, embarking on a new upward...