GBP-USD is trading in an Uptrend and the pair broke The falling resistance Which is now a support Then made a retest and Is going up again so I think That we will see a further move up!
UBS, a Swiss bank, stated in a May thirteen report: "Historically, May has been a tremendous month for the greenback. Our seasonal indicator indicates that call for for USD commonly will increase in overdue April and peaking in mid-May, with the Euro (EUR), Australian Dollar (AUD) and New Zealand Dollar (NZD) commonly maximum affected." However, UBS says that the...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price makes a retracement and then rejects from trendline + liquidity zone. Fundamental news: Tomorrow (GMT+3) we will see results of monthly and yearly CPI...
Hi fellow traders, GBPUSD is ready to make a move higher from the blue box after completing the correction. Target the 1.2725 level. Good luck and trade safe!
The cable (GBPUSD for newbies) is definitely of my favourite pairs. My previous plan was just really accurate, and i am here sharing a short term plan. I expect a drop tomorrow that could lead the price below the short term trendline, and i think this drop could push the price lower. I expect a bearish trend till Friday morning, where we could see a possible...
hello traders this my trading setup Strategy : institutional tactics If you like my idea please hit the like button, follow and show some love wish you good luck and good trading
My analysis for GBPUSD this week is to uphold the bullish trend we've observed over the past week. With a newly established 1-hour demand zone and a nearby 5-hour demand zone, I anticipate price to decline from the current supply and head towards the demand zone. This move is expected to occur mid-week as price retraces and forms a Wyckoff accumulation within the...
Here on GBPUSD price still in uptrend and likely to move again after touching psychological level of 1.25000 . So is expected to wait for the price reach to another psychological level which is 1.25500 before entering another trade.
FX:GBPUSD price fail due to DXY remain extremely bullish, though we thought price would rise up in our 1 hour timeframe and then continue dropping. However, DXY bullishness momentum was extreme and it kept on dropping. We might see some correction where price reaching around price region and then drop from that area. If you like our work then please do like and...
Dear Traders, As DXY remain extremely bullish since a week now, price have dropped heavily, in fact more than any other dxy pairs; and there is strong reason behind for it, GBP was dropping due to only economic sides not favouring it. Now, DXY and GBP have started making few corrections in their respective trends. What we are looking at here is a strong...
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...
Prices fell in the first half of the last session, retesting the important 1.2470 support level but could not successfully break this resistance level, buying pressure returned and created a bullish signal here. This signal is a disadvantage for the current selling strategy, we can consider turning around and buying
Here on Gbpusd price has made a rebound around a psychological level of 1.25000 and now held dowing showing that sell has taken over at this point going for SHORT is needed and targeting profits should be around 24500.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/USD traded 0.3% lower to 1.2473, ahead of Thursday's meeting of the Bank of England. The UK central bank is expected to leave interest rates unchanged this week, with speculation it could steer markets towards a cut as soon as next month - soon after the ECB is expected to cut drops on June 6.
GBPUSD looks like this is a false break around the resistance area so there is a high possibility that the market will decline, but currently the market is not giving us any sell signals. Now you can wait for the price to form a new trading signal before you can trade, or you can wait for the price to form a downtrend in a low time frame and then...
GBPUSD turned down in price, confirming the previous false breakout signal, so you can see that the short-term trend of this currency pair is decreasing so you can sell. The nearest resistance area is the supply area and also the previous peak and bottom area around 1.2530. You can wait for the price to return to this area and then look for a signal to sell...
There is support at the previous low position, you can trade long, two TP points, 1.250 and 1.253