GBPUSD is preparing to move lower again GBPUSD has already tested a very strong structure zone and we could see the price moving lower today. The bearish move could also be supported by the idea that Fed Chairman Powell may be hawkish during the FOMC press conference. If they send any message about a possible rate cut by the end of the year, that could give...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect we can see here bearish price action after a rejection from trendline + liquidity zone + FIBO 0.618. Fundamental news: This week is full of news in USA, on Wednesday (GMT+3) we have...
Hello all, for GBPUSD if it respects the breaker block, I will look for a bullish continuation in the premium zone.
GBPUSD after taking out the buyside liquidity price has been ranging after the retest now we have a bullish engulfing candle am expecting a breakouts above 1.25725 then more buys till 1.27119 is completed JOIN AND ENJOY... What do you think.............?
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
We can notice that the price in 4h has broken the upward trend that it had maintained until now, forming a choch, FVG and activating the marked areas to look for sales. Placing ourselves more in the present, it is obvious how the price has once again formed an upward trend which has been broken again However, when going down in temporality we see that a lower low...
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.25900 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.25900 support and resistance zone. Trade safe, Joe.
GBP/USD will definitely buy, the main entry is already in profits too bad i missed the trade but there is still a chance to take an entry because price came back little to the down side.
GBP/USD is extending losses toward 1.2500 in European trading on Tuesday. A cautious risk tone and a decent US Dollar comeback weigh negatively on the pair. The focus now shifts to mid-tier US data amid a data-light UK docket.
Currently on GBPUSD price has respected the daily inverse fair value gap and is now heading for our entry area which is our daily inverse fair value gap + a normal daily fair value gaps the form there the price would have taken out our Internal range liquidity + our Buyside liquidity which means we are left with our External range liquidity which is also our Sell...
Price has been retracing for the second week now ever since the last bearish breakout. On ICT view, I see fvg and premium zone on fibo. Another fvg was left below as seen on chart. So as of the rules, we expect price to target the imbalance. We have a downtrend and trendline which we might expect to get 3rd tough on the trendline before reversal. There is also a...
Greetings Traders, In recent times, I've observed a consistent bullish momentum driving GBPUSD towards the H4 Premium buy stops and, ultimately, the Weekly bearish order block. As we commence this week, the confluence for these bullish objectives remains intact. Presently, GBPUSD is experiencing a temporary bullish institutional order flow, reinforcing our...
📉🚀 GBPUSD Market Update: Inverse Head and Shoulders Breakout! 📈 Great news for currency traders! GBPUSD has shown a promising development at the bottom of its current downtrend. We've identified a reversal chart pattern known as the inverse head and shoulders. Excitingly, the price has already broken through the neckline of this pattern, setting the stage for...
Weekly: 1. Direction: Bearish 2. Reasons: 1. Price respected the newly formed FVG 2. BOS with massive displacement 3. price is moving from IRL to ERL 3. Trading Range Box: 1.25403 to 1.23032 Daily: 1. Direction: Bearish 2. Reasons: 1....
market shift the stricture. they are some liqulity and imbalance have. wait the swipe the liqulity and imbalance touch the ob zone
At current Scenario keeping a bullish divergence in mind better Short Entry is Avoided at this moment.
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
Based on the daily timeframe, GBP/USD appears to be exhibiting a bearish trend as indicated by a shift in market structure (ChoCh) and adherence to Elliott Wave theory with a completed 12345 pattern. The recent touch of the descending trendline coupled with the completion of the 4th wave suggests potential downward movement. With selling orders likely to be...