price has recently gotten to a strong demand zone and weekly low if this demand zone holds i am expecting a bullish move. please support my analysis if this helps.Thank you.
GBPUSD is preparing to test the support. The price has been forming consolidation since the opening of the session. Most likely, local resistance may be tested with the aim of liquidating sellers with further decline to the potential target of 1.28. Reasons for further decline: 1) Dollar rises on news, this is negative for GBP 2) False breakdown of 1.28 forms a...
This chart is the of GBPUSD and its printing a Bearish Trend. As its printing Lower Highs and Lower Lows.
Here on gbpusd price has made rebound around psychological level of 1.26000 and now making some rejection that means that going for LONG is expected and targeting profit should be around 1.26500 or more.
GBP/USD Analysis: Support Channel Breaks as Dollar Strengthens, Retest of Demand Zone Imminent The GBP/USD pair has experienced a significant shift in momentum as the support channel, marked by the crucial level of 1.28063, has been breached. This breach comes amidst a notable surge in the value of the US dollar, which has exerted downward pressure on the GBP...
Refer back to my weekly projection for cable attached down below as you will understand why my bias for the medium term is bearish. Going into this week, I see the opportunity for the accumulation of longs by smart money at the bearish imbalance @ 1.26843 - 1.26750 an option before repricing below the daily Sellside liquidity. I do not want to see the daily...
just as explained in my video, we would see the break down right from the weekly tf. down to the smaller tf, well simplified and explained. follow me for more
Hey Traders, After CPI data just came out, we have seen a fall in USD pairs on USD strength. So, looking ahead, we can study a macro view and tech view of the market, Watch for more.
Time Frame: 4H Symbol: GBPUSD Entry: 1.25908 TP: 1.24467 SL: 1.27265 Bias: Short The forex pairs are reduced by absence of force and instability as of late. Anyway we see some reasonable cost activities last week which connote a sharp out of control swings in different forex matches because of a few central and technical factors.
welcome here is my gbpusd short idea its based on overall bearish market lets see how this setup plays out
GBPUSD Completed my last analysis prediction now building a rising wedge am expecting a breakouts from 1.2605 then short from that point to 1.25328 JOIN AND ENJOY............... Tell us what you think................?
Hello everyone, welcome back subscribers. Please share your personal opinions in the comments. Booster and subscription are appreciated. Today, the fourth-quarter GDP of the UK was announced. It was in line with expectations, but showed a decline compared to the previous figure. Major economic indicators from the United States will be announced starting today,...
buy side liquidity taken, break in structure, 62%+ retracement, stops above previous high, 2-1 risk reward, 5 dollar lot
Type of order: BUY We´ll check during the day if we close it or we leave it some days. Check updated later. MARKET ORDER.
I executed a tutle sweep execution, although that was formed had already cleared out liquidity and it formed a double mb against the move. I will take note of this on my next trade