The current selling zone for the GBP/USD pair is at 1.25284. Traders are eyeing multiple take-profit levels, with the first at 1.24585, followed by 1.24000 and 1.23500. These levels represent strategic points where traders aim to exit their positions to lock in profits. Additionally, a stop loss has been set at 1.26000 to mitigate potential losses in case the...
Hello Traders; Hope you doing greats . for this week I think we'll probably see a downward correction in GBPUSD and after that we can take a long position at Blue zone . if this post was helpful, please like and share.
Hello dear traders, we have the analysis of the pound chart, which I have drawn very simply and smoothly. In the pound chart, the daily trend line has broken and created a CHoCH. And now in the process of pulling back to solidify the order block, it is left behind. Or for daily liquidity accumulation? In any case, the trend will reverse. Or with the order block...
Long GBPUSD, 1H entry 1.25279 - 1.25168 sl 1.24812 tp 1.26680 move sl to entry if price reach 1.25672 OANDA:GBPUSD
Market Structure Bearish on Higher Time Frames Weekly and Daily at the same AOi Weekly Rejection from AOi Previous Weekly Structure Point Daily Rejection Candles Daily EMA Retest Around Psychological Level 1.26000 H4 Candle stick Rejection SOS 1:5.26% Entry Signal 95% REMEMBER: Trading is a Game Of Probability : Manage Your Risk ...
Preferred direction: BUY Comment: Buyers insist on growth for the GBPUSD currency pair, where we expect an approach towards the level of 1.26500 . The US dollar is likely to continue its downward correction at the beginning of this week, which in turn strengthens the main competitors of the American currency . We are considering two main scenarios for...
Daily: - Bullish M1 - Daily FO - Bullish indication candle *BOC still not tapped Weekly: - Candle close with us - S&D zone with us - FIB completion -27 with us 4H: - Bullish M without BoS *Daily 100 level is in our favor right now and waiting to be tested as support again (white box)
Potential Trade Opportunity: Currency Pair: GBP/USD Position: Short Risk to Reward Ratio: 3R Trade Parameters: Entry Point: 1.2568 Stop Loss: 1.25785 Take Profit: 1.25456 Disclaimer: This trade signal is provided for informational purposes only and does not constitute financial advice. Trading in the forex market involves substantial risk, and past...
GBP/USD surged to 0.786 retracement 1.2622 earlier, but then fell back below 0.618 retracement. The RSI failed to close above the 60 threshold, thus still showing negative sentiment, and the lack of divergence suggests that GBP/USD could resume its downtrend and continue lower in the coming weeks. A break below 1.2465 would confirm that the bearish trend has...
hidden bearish divergence appeared in gbpusd in D chart. If hidden divergence in D chart, it would be divergence in 4h chart. wait till divergence appear in 4h and trend shift before enter trade.
Expected: 1.253 to be broken during London. Look for reversal for Buys. Anywhere between 1.253 and 1.25 ideally between 9:20 am and 9:45.am. Target 1.257 on the Long. Potential: London to make a High below the Fridays High between 9:30am - 9:40am Then Look for reversal and Target 1.253. If Last weeks high or low is tested. Look for reversals.
Last week Gu trigger the top daily FVg. I Will wait on rejection confirmation before we can enter any sell. I will be looking for GU to go lower this week. Comment below and let me know what you think will happen this week.
GBPUSD is making higher highs and higher lows. it is in buillsh trend
An expected decline in the price of the pound sterling against the US dollar after months of sideways trend
Hello everyone, Today, the GBP/USD pair saw an uptick, approaching 1.2535 at the start of the Asian trading session. This rise is primarily fueled by a sharp decline in the US Dollar (USD) following the Federal Reserve's decision to maintain interest rates. From the technical charts: GBP/USD has left its previous downtrend behind, embarking on a new upward...
I am shai=ring my bias on GU towards NFP. I am hoping that dollar regain its bullishness and then sell on GU can resume once again. Trade carefully. #Sirtuns
A close below below my sell region is a confirmation to go short on a GU
GPBUSD confirmed an expanding channel breakout with the NFP. So here we are anticipating a bullish rally to the upside based on the confirmation identified. I am personally targeting the previous swing highs formed on the left for a decent profitable long entry.