*Dollar strength expected therefore correlates with GBPUSD short. *Moving average ,Pivots points and trendline agree on confluence.
GBPUSD in bearish with bullish diversions most likely to go bullish
GBP/USD, I feel a resistance and it has made lower lows. I expect a very strong sell-off after the announcement.
Confluences around 100 EMA 1. Daily FVG 2. 0.75 fib retracement 3. reversal candle stick pattern (hanging man) these confluences increase the probabilities of seeing lower prices on GBPUSD in the weeks to come. expecting movement from and internal range liquidity to and external range liquidity on the sell side.
this price action is giving confidence on looking for only for sell setup
this price action is giving confidence on looking for only for sell setup
GBPUSD Analysis, GREAT setups to look at. Trade safe.
Looks more clearcut than the stock index markets with more of an incline to selloff into the 1.25020 - 1.25181 Narrative will be adjusted if I am to see candle body closure above 1.25639
Hello traders! Let's delve into a promising trading setup on the GBP/USD pair. On the daily chart, GBP/USD has formed an ABC bullish pattern, indicating a potential upward movement. The pattern is accompanied by a 50% Fibonacci retracement level, adding to its significance. Entry Level: The long entry level (EL) is identified at 1.2428. The price is currently...
filled sell limit and down GET ready to catch another great trade, Do not miss this chance it will go DOWN minimum 200 pips @@@ Get ready to catch my one of the best trading setup @@@ TELL ME HOW ACCURATE THIS ANALYSIS?????? @@@ Always do your own analysis. My analysis help you only for confirmation. @@@ If you want to give any kind of suggestions, advise or...
Having swept out the buy side liquidity am looking for short term perspective after price creating a massive displacement followed by a fvg
Here is my analysis for last week in the markets, and what I’m expecting for the coming week. As shown this is what I expect to happen.
Hello all dear traders! What do you think about GBPUSD's next trend? On the news impact: GBP/USD struggled to maintain its upward momentum and traded below 1.2550 during the US session. Earlier in the day, a disappointing April jobs report from the US triggered a USD sell-off and helped the pair reach multi-week highs above 1.2600. From a technical perspective:...
The British Pound continues its upward momentum against the US Dollar, however, there has been a decline below the 1.2550 mark after surging to a high in the past three weeks at 1.2634 following the release of the US Non-Farm Payrolls (NFP) report. On the 4-hour chart, the Relative Strength Index (RSI) has been trading above the 50 level and continues to trend...
GBP/USD is grappling to sustain its upward momentum and is trading below the 1.2550 level in the US trading session. Earlier in the day, disappointing April employment reports from the US triggered a USD selloff, propelling this currency pair to its highest level in weeks above 1.2600. However, it failed to hold onto this level and quickly retreated to 1.254. On...
GBP/USD is struggling to maintain its upward momentum and is trading below the 1.2550 level in the US trading session. Earlier in the day, disappointing April employment report from the US triggered a sell-off in the US Dolla (USD) and helped this currency pair reach its highest level in weeks above 1.2600. The disparity in economic data between the US and the UK...
Before market closed, price left untapped bullish order block around the price of $1.25057 level and surged high all to the price of $1.26340 (high). Going to the new week, we looking forward to seeing how price gets to react at the $1.25057 level for possible bullish price continuation.
Please, check our technical outlook for GBPUSD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.254. The above observations make me that the market will inevitably achieve 1.244 level. P.S Please, note that an oversold/overbought condition can...