As of now I am Neutral on this pair until I receive more Info before London session so I will Update yall tonight rather if price goes up or down depends On the DXY but long story short if price respects the Resistance we will short if price breaks above then we will go long check back fro up dates later
the monthly has price trading in an imbalance. Consistently down the timeframes, price has shown a willingness to want to buy. the 5 mins present us with opportunities as shared albeit with the understanding that it can be violated. I stand to be corrected that GU is bullish
As we have been bearish on GBP/USD, this is my idea for the upcoming week, we have not yet broke our trend or showed any signs of reversal on the GBP/USD market. THIS IS AN IDEA NOT A PREDICTION THE MARKET MIGHT MOVE IN AN OPPOSITE DIRECTION THIS IS NOT 100% ACCURATE, FOREX IS RISKY AND YOU CAN LOOSE ALL YOUR CAPITAL. FX:GBPUSD
The GBP/USD (British Pound/U.S. Dollar) is the abbreviation for the British pound and U.S. dollar currency pair. Also called “the cable”, this cross belongs to the group of Majors. The GBP/USD tends to have a negative correlation with the USD/CHF and a positive correlation to the EUR/USD currency pairs. The Sterling is one of the four most liquid currencies in...
Here I have GBP/USD on the Daily Chart! After our New High since August 2023 @ 1.28938 , we've seen Price decline quite drastically! In fact, we were given a NEW LOWER LOW on Tuesday @ 1.24052! Now with this Low having been created after our Lower High @ 1.2708 (Point B), this Price Action breaking our previous Low @ 1.25394 CONFIRMS my prediction that we could...
Please refer to my monthly analysis for Cable as this is an extension of my weekly and partial intra-day projection. In regards to the daily timeframe, I expect minor relief rallies with the bearish order block being my last line of defence. In fact, it would be a perfect area to capitalise on shorts with a tight stop. 1.23623 weekly order block next in line. My...
Hello, guys GU making bearish pattern Supply Demand / Support Resistance considered Dow Considered SL above last HL
On the chart the price has confirmed the weekly bearish movement and has broken out of the structure and fvg Prices have been bullish all week and there is no indication that a strong institutional candlestick will change the market structure. We have some events on Friday (today) and a lot of events next week, including non-farm payrolls (which could attract...
My dear friends, Please, find my technical outlook for GBPUSD below: The instrument tests an important psychological level 1.2488 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.2407 Recommended Stop Loss - 1.2538 About Used...
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
I think the main trend is to the downside, with the price currently hitting a potential resistance level of 1.24635. Using the strength of three, GU surged to the upside during the London session, then fell, and was weak for the rest of the day. If the downtrend continues, the price has hit the h1 fiber retracement It also touched the m1 bearish point
Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
As seen on the 1hr time price has broken 1hr trend line and price has put in a double top at1.2500 level which lines up with the 50% fib on the D1 chart (from swing high to swing low ) GBPUSD price has gone further to break 1hr low .currently am on this trade as it mets all my entry boxes
As seen on the daily time frame Pound prices is in a down trend price as gone further to break 1W tend line ,GBPUSD price has broken into a new zone 1.25000 ,price is currently retesting this level 1.25000 to push low to 1.2200 as we have the next daily low Remember price just broke the low on the D1 timeframe @1.24000 and every time breaks a low price tends to...
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
market shift the stricture. they are some liqulity and imbalance have. wait the swipe the liqulity and imbalance touch the ob zone