On a high time frame POV, price has dopped to the 0.5 fib and tapped into a liquidity level. On the Medium time frame, you can see price has shifted into an uptrend, making HHs and HLs. You can see this morning price dropped to its golden pocket area. Along with the golden pocket, we had the previous day POC, and the developing day VAL. On the low time...
At present, the GBPUSD has triggered discount sell stops on the m15 timeframe and reached the m15 bullish order block. I anticipate a bullish pull towards the m15 buy stops and a movement towards the h1 bearish order block to fill the current liquidity void. Kind Regards, The_Architect
Today we are using the trend scanner to determine which pair we want to trade. the scanner was run on the 15 Mins(Major TF) and the M1(Minor TF). The idea is to trade in the direction of the major TF when the M1 is showing an opposite direction OR the price has been discounted. We will only trade in the direction of the trend if the trend has not been...
**GBPUSD:** This week's forecast is for the price to fall to the key level at 1.2402 and continue its fall to the key level at 1.2218
Price may once again test the 1.27300 zone on GBPUSD before dropping strongly or immediately from this location. We have a clear break to the downside, where price swept the highs before shortly after a strong rally with the bulls. We'll have to watch to see if DXY sustains its bullish momentum. The GBPUSD might quickly fall considerably lower if the positive...
Price currently trade at $1.24800 after failing to break above the key level of $1.2500( resistance zone) I’m looking forward to seeing price fallback to the support level of $1.24308. Therefore, a sell opportunity is envisaged from the current market price. Target - 1.24308
GBP/USD has recently experienced a period of lackluster recovery and has dropped below the 1.2450 USD. Overall, the price of the GBP/USD currency pair is maintaining a downward trend due to lingering political tensions from the Middle East countries. Technical indicators also support this downward trend, bolstering its strength. However, prices are gradually...
we should get continuing bear pressure after we get a full pull back. Price definitely wanting to go bearish so I will continue to monitor for the solid move down.
First Area of interest for a sell position. I'm anticipating bearish continuations for this week on GU, until price tells me otherwise i'll be looking for a sell position somewhere inside the highlighted Area of interest. preferably above the asian highs to the left.
GBPUSD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long GBPUSD Entry Point - 1.2478 Stop Loss - 1.2421 Take Profit - 1.2584 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
In the European trading session on Monday, the GBP/USD currency pair experienced a strong surge, pushing the price towards the 1.2500 level. This indicates that the US dollar has depreciated against the British pound. On the 4-hour chart, the Relative Strength Index (RSI) has crossed above the 30 threshold, indicating that the GBP/USD is undergoing a corrective...
Created loads of LRLR, clear bearish FVG to short from while its in a premium
After a bearish week, i'm currently looking for a pullback in GU. In 15m, GU had started an bullish trend. Let's wait.
My dear subscribers, My technical analysis for GBPUSD is below: The price is coiling around a solid key level - 1.2432 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.2549 My Stop Loss - 1.2362 About Used Indicators: By the very...
GBP/USD gains traction and advances toward 1.2500 in the European session on Monday. The US Dollar struggles to gather strength on hopes over the Iran-Israel conflict de-escalating and helps the pair edge higher.
Hello traders, I want share with you my opinion about British Pound. Looking at the chart, we can see how the price fell to the seller zone, which coincided with the resistance level and at once bounced up, but soon GBP turned around and made impulse down lower 1.2580 level, breaking it. After this movement, the price started to rise inside the upward channel,...