GBPUSD SUPPLY SETUP Price is respecting a strong form of resistance Let's see if price goes down
Hello Traders, I trust you're doing alright. The pair is still bearish. Hence, I'll be looking for selling opportunities in the coming week. A break above trendline/static resistance would change my sentiment Kindly like, comment and subscribe. What is your own thought on this pair?
In this trading analysis, we're keeping a close eye on the GBPUSD pair as it shows promising signs for a bullish move ahead. Our technical analysis suggests a favorable setup for a long position, with a target set at the 1.28000 level. Key Points: GBPUSD has displayed recent strength, indicating potential for an upward trajectory. Technical indicators align with...
GBP is in giving us this possible scenario that makes confluence with DXY. The GPB could be looking for the High of the Week. Remember the correlation between this one and EUR, if you are going to trade this pair. Remember you have to wait the correct Time/Price/Intra-Market Conditions. DYOD because the market can give you invalidations.
I assume that the price will make a corrective movement 2 to the area of 1.26788, after which I expect the continuation of the price decline with the renewal of the minimum. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
GBPUSD just broke the sell down side liquidity and have already broken trying to get up the previous higher highs am taking long from this point with TP 1.28000 and stop loss of 1.26000(-40pips) JOIN AND ENJOY
Currency Pair: GBP/USD Possible Set-up : Bearish Reasons: Price is near a Key Level, Price action shows rejection of the level, Bearish Divergence at intra-day timeframe (M30). In case price breaks above resistance level (1.26368) on higher timeframe with a momentum candle, Bulls will be back in power.
Let see price move to the h4 gap. We look for m15 entry or a m15 movement to our area of h4
same with EURUSD wait for rejection 23% fibo ( very weak correction ) Previous buy entry Partial close and BE+1 **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills** Thanks a lot for your support
The explanation is done on the analysis page Please follow the instructions
Hey all! And we're back to this pair! After the stop-loss I had here, I consider there's an interesting opportunity here for a shift in structure. Personally, I think there can be a bearish extension reaching into the nearest support area. Anyway, here are the notes from da' journal! The market has been in an uptrend for almost a year. Recently, the uptrend...
Well GU looks to be bouncing off a support level 1.25693..Price is to react up to resistance level 1.27304 a movement of 100+ pips to the ceiling,...kindly support by liking, commenting and following up. Thank you
GU bearish after mitigating the H4 FVG .. sell limit at the mid FVG Tp to the low
Support and resistance represent key junctures where the forces of supply and demand meet. In the financial markets, prices are driven by excesses of supply (down) and demand (up). Supply is synonymous with bearish, bears and selling. Demand is synonymous with bullish, bulls and buying. These terms are used interchangeably throughout this and other articles. As...
before 10:00 AM price could reach that liquidity,there is news driver at 10:00 :D
Update for our yesterday's post for GBPUSD. The pair retested a recently broken daily supply zone. The price formed a bearish flag pattern and broke its support on an hourly time frame. It may push the prices lower now. Goals: 1.2554 / 1.2530 ❤️Please, support my work with like, thank you!❤️
GBPUSD For today as long as the price trades under 1.2657 will support falling to get 1.2536 and 1.2450 but should close 4h candle under 1.2536 to touch 1.2450 and it is possible to do a retest till 1.2657 otherwise, stabilizing above 1.2657 will touch 1.2781 Pivot price: 1.2623 resistance prices: 1.2657 & 1.1.2860 & 1.2934 support price: 1.2535 & 1.2450 &...