after liquidity sweep h1 make 1-2-3 wave and break the high volume bearish candle. re open buy limit order
GBPUSD 4H SHORT DXY still bullish Entry limit at 1.2474 ( 0.75 Fib retracement) SL1.2498 TP1.2409 Scale in 3min TF Stoch Rsi divergence I'll update the result
FX:GBPUSD is going to leave the sideways range with the negative fundamental background. On D1 the price is breaking the trend line, and at the same time the dollar is conquering new highs. The pair is declining amid the strengthening of the dollar index, which is connected with the news on inflation. The medium-term outlook is defined and thus gives us an...
Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 1.2418, which is a multi-swing low support. Our take profit will be at 1.2483, which is a multi-swing-high resistance level. The stop loss will be placed at 1.2341, below the 161.8% Fibo extension High Risk Investment Warning Trading Forex/CFDs on margin carries...
Price is currently breaking below the support level. This week so far, price has traded in a flat range. After the release of UK RETAIL SALES REPORT which came out worse than expected it pushed price lower to the support and at present , it tends to break it. This could hence , induced a further daily decline In price.
GBP Retail Sales MoM (Month-over-Month): Forecast: 0.1% Previous: 0.3% Score Chance % (Down): 60% GBP Retail Sales YoY (Year-over-Year): Forecast: -0.3% Previous: 0.7% Score Chance % (Down): 70% GBP Retail Sales ex Fuel MoM (Month-over-Month): Forecast: 0.3% Previous: -0.3% Score Chance % (Down): 50% GBP Retail Sales ex Fuel YoY (Year-over-Year): Forecast:...
It is expected that after some fluctuation, the continuation of the downward trend will be formed. If the price crosses the green resistance range, the upward trend is likely to continue
GBPUSD has broken the multi swing low support and could make bearish breakout. wait for the price to pullback at the pivot. Pivot: 1.2424 Support: 1.2338 Resistance: 1.2484 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for...
GBP/USD is grinding higher on Thursday, trading around 1.246, still locked in a downtrend with the EMA 34 reversal yet to conclude. On the USD front, optimistic February retail sales earlier this week showcased a robust U.S. economy. This report sparked speculation that the Federal Reserve (Fed) might delay its easing cycle this year. Fed Chair Powell stated he...
H1:the GBP/USD remains on the defensive below 1.2450 ahead of UK Retail Sales data The GBP/USD pair remains on the defensive near 1.2430 during the early Asian session on Friday. The downtick of the major pair is backed by the stronger US Dollar as the strong US economic data and hawkish remarks from the Federal Reserve officials have triggered the speculation...
GBPUSD FX:GBPUSD | 4H BREAKDOWN OR BREAKOUT? - Apr. 17th, 2024 BUY/LONG ZONE (GREEN): 1.25350 - 1.26215 Can be extended to: 1.24820 - 1.26215 DO NOT TRADE/DNT ZONE (WHITE): 1.24260 - 1.25350 Can be reduced to: 1.24260 - 1.24820 SELL/SHORT ZONE (RED): 1.23000 - 1.24260 Weekly: Bearish Daily: Bearish 4H: Bearish FX:GBPUSD fell through the bottom of the...
GBPUSD Price : 1.2447 Trend : down ( Due to the down channel on Daily chart ) Transaction: Buy Reason : we believe that the current trend is down trend on Daily, but here is the reasons to expect some correction on prices : 1 - The price has reached to the the support ( Descending channel trendline ) , which acts as a support level for the price on daily time,...
In this video, I'll provide a comprehensive analysis of the DXY and GBPUSD, offering insights into what to anticipate in tomorrow's trading session. We've reached a crucial juncture on both the DXY and GBPUSD charts, so what lies ahead? Stay tuned for valuable insights, and feel free to leave any questions in the comment section below. Kind Regards, The_Architect
Supply has been reached. Liquidity on the way down. Breaks of structure. Macro bearish. Alternatives: mitigate demand and go up
The British pound sterling is showing signs of recovery, bouncing back from a five-month low, with GBP/USD stabilising around the 1.2470 mark on Thursday. This rebound is attributed to the release of UK inflation data, suggesting a possible monetary policy easing by the Bank of England (BoE). The UK's consumer price index (CPI) slowed to 3.2% year-on-year in...
Hello Everyone, The GBP/USD pair has recently hit a new low for the past three months at 1.240545, with the monthly support showing resilience. Currently, the price is positioned above the 1-day Pivot Point, setting the stage for a promising bullish reversal and upward momentum continuation. TradeWithTheTrend3344
The British pound is having a quiet week and that trend has continued on Thursday . In the North American session, GBP/USD is trading at 1.2450, down 0.04%. The UK release retail sales for March on Friday. The market forecast for March is 0.7% y/y after a decline of 0.4% y/y in February. Today’s British Retail Consortium retail sales index jumped 3.5% y/y in...
GBPUSD is in range so we prepared the trade plan by playing resistance and support, prepared two trade plans