The Pound has been building positive divergence against the Dollar for fifteen years (thirteen and a half years without weekends and holidays). We can see as evidenced here by the MACD (Moving average convergence and Divergence), that there have been three major monthly lows created on April 2009, January 2017, and September 2022. Whilst price has moved to these...
#GBPUSD - H1 📣 Upon analyzing the 1-hour timeframe, with the breakdown of the downtrend at 1.2596, it is possible to initiate a buy position with a target of 1.2690. ⛔ Stop Loss: 1.2530 On the other hand, with a breakdown below the 1.2530 level, one can anticipate a price decline towards the 1.2450 range. ⛔ Stop Loss: 1.2596
#DayPlan The pound, like the euro, remains in a long context after yesterday's news-driven movements. The clear priority is also to work in the long direction. I am ready to consider positions for continuation from the fractals formed during the Asian session.
The GBP/USD pair has set a target to extend its recovery time to the highest level within a week, reaching 1.2660 in Thursday's trading session in London. This is the result of positive growth in the UK economy. Meanwhile, the US Dollar is showing weakness due to the ISM Services PMI data from the United States. The decline in US economic activity has reduced the...
This opens the door to this currency pair to advance well above $1.2667, with room to rise as high as $1.2720 without reaching another resistance level. So, I see the best potential opportunity today as a long trade above $1.2667, but a bullish signal is needed to trigger entry – ideally this would be two consecutive higher closes above $1.2662 during today’s...
Hello traders, in our idea published yesterday, we advised buying GBP/USD@1.2540 zone as it was a support level. Currently, with price at 1.2661, the buy trade is in over 120 pips profit .( We have linked the previous idea below for you to cross-check) Now, let us take a look at the daily chart. We can clearly see that price has climbed back above the 100-day...
As I watch the price action I am seeing a lot of fighting between the bears and bulls and we could see price change direction and go bullish on GU for a moment.
As you can see there's a Trend channel plotted on the 1HR timeframe. Price is currently at the peak of the trendline and also on the RSI shown, there is a divergence between the RSI and the chart. At the break of the counter trendline plotted inside the trend channel will be a final confirmation for a bear move which I predict will hold until price gets to 1.26000
Hello to all of our subscribers. Please share your personal opinions in the comments. We kindly ask for your support through boosting and subscribing. Concerns are growing that the slowdown in US inflation may be delayed due to recent increases in international oil prices, remarks from Federal Reserve officials, and positive US economic indicators. If signs of...
welcome here is my gbpusd long idea its based on a overall bearish market with big bearish moves which did not had the power to retest broken price regions lets see if we can ride a retest here
Hi Traders GBPUSD price is ready to fly GBPUSD is currently experiencing a worldwide Up trend has reached its highest price ever I predict that the market will bounce back From the resistance level move towards the Nearby support level Gbpusd buy from 1.25777 Target zone 1.28000 If this post is useful for you You can support me with like And advice comments
GBP-USD LONG SETUP IDEA AT ONE HOUR INTERVAL. This forex pair seems to move in a bullish direction due to the presence of divergence at one hour interval. Therefore, this trade setup is designed to grab the long trade oppurtunity at one hour interval.
GBPUSD took out the buy-side liquidity from yesterdays impact now the price is ranging above the FVG zone am expecting price stability from this uptrend till we arrive at the premium fvg zone at 1.28040 am going long now........
Its still making LH - LL and also making sign of pull back the price.
GBP Price is Trying To change From Bearish to Bullish Trend After Making New Higher High and Higher low . Buy Limit Entry at Fibonacci 0.382