📊 GBP/USD analysis: 👉 We are on an OTE 👉 A correction is underway 👉 A SOLID OrderBlock 👉 We are in the trend 👉 We're aiming for $ Liquidity 🚀 Si ca ta plus don't forget to boost!
Guys if was see my EURUSD analysis you will find same i have same idea on GBPUSD. My bias is bearish until daily support. But me expecting some pullback and will enter on fib 50 level with SL above fib 61.
Based on daily charts, the price can fall further down to area 1.24800 as demand or buying zone. We need to wait to close daily candle in area zones 1.24800 and 1.25000 area. If a daily candle is closed in this area, we can buy it. Entry points 1.24900 Stop loss 1.24250 TP1 1.26760 TP2 1.27800
Currently, GBPUSD demonstrates a persistent inclination towards the sell side, targeting the Daily sell stops . Having interacted with an m15 order block, a liquidity void has been filled. Now, a potential retest of the order block is underway, with price currently trading within a rejection block. This setup may serve as confirmation for further selling...
The British Pound continued its decline to $1.2410 USD as the UK's Office for National Statistics (ONS) reported weak labor market data. From a technical perspective, the GBP/USD pair remains supported in its downward trend, with expectations of further decline towards the round support level at $1.2400 USD. However, there are positive signs when looking at the...
Hello Traders! I'm currently seeking a long position opportunity on GBPUSD. The price has reached a pivotal resistance level, and I'm forecasting a bullish breakout with a target set at 1.27200. I wait for a correction movement in the dollar index before executing this trade. I consider the FVG a good entry point for a long position. In case of confirmation, I...
Hello traders welcome back as i usually share where is in the opportunity of trade entry. Now GBPUSD it appears that sellers loose the control of the market while buyers are ready to over control market, so as retail traders we look an opportunity. And i will recommend yo not to miss this beautiful green pips ahead us. Stay and follow with me.
GBP/USD traded slightly lower on Tuesday, below the 1.2450 level during the early European trading session. Despite some minor fluctuations, overall, the GBP/USD pair maintains a downward trend. This stability is encouraging investors to proceed with caution when entering the market. However, prices are gradually adjusting and expected to rise again. Yet, they...
GBP/USD 4H - This is another market that is giving us clear bearish structure and is showing no signs of slowing down or stopping, we should be therefore looking for areas of Supply to get involved from. Above I have gone ahead and marked out two areas of interest I feel price may trade up and into before taking us lower in the market. The first one is a Hidden...
I took profit my previous positions. I will look for sell setups during US session . Trend Is Down. I am not buying GU.
GBP/USD dropped for the third day in a row on Tuesday, hitting its lowest point since November 17 during the Asian session. The spot price is now hovering around 1.2420 as traders await the upcoming UK monthly employment report for fresh clues. Market consensus predicts a rise in the number of unemployment benefit claims to 17.2 thousand from the previous 16.8...
GBPUSD is currently at the pivot and could potentially rise to an overlap resistance level. Alternatively, if the price breaks below the pivot, it could continue to fall to the next support level that lines up with the the 161.8% Fibonacci extension Pivot: 1.2428 Support: 1.2385 Resistance: 1.2499 Risk Warning: Trading Forex and CFDs carries a high level...
Woke up for News. I move sl to breakeven and leave. already in profit.
Comments on Friday from Fed Chairman KC: Encouraging patience with interest rates until inflation declines markedly to 2% Economic growth is creating uncertainty about monetary policy Inflation remains high The employment sector remains strong Wage increases indicate an imbalance in the labor market Want to see the Fed balance sheet shrink
Price currently trades at 1.24277. Yesterday, sellers dominated the market and made price fallback to previous week low. In todays trading session . We’ve marked out levels to watch out for trading opportunities 1. 1.24277 ( support ) 2. 1.24969 ( resistance ) A break above / below these levels provides a trading opportunity
GBP/USD declined toward 1.2450 in the American session and erased a large portion of its daily recovery gains. The USD continues to outperform its rivals following the better-than-forecast data and doesn't allow the pair to preserve its recovery momentum. Bears have pushed the pair back to the bottom of the monthly descending channel, at 1.2440, which is being...
Hello everyone! This Monday morning brought a refreshing climb for GBP/USD, which surged above 1.2450 after hitting its lowest point since November at 1.2426 last week. While the technical indicators still suggest a downtrend, easing geopolitical tensions could potentially extend this pair's recovery phase. As the weekend approached, investors sought safe havens...