Hello everyone, GBPUSD 4H NEW FORECAST The price established a new bullish trend after breaching the breakout zone at 1.2700 and stabilizing above it with a daily candle. This development supports a further bullish trend, targeting 1.2745 as the first milestone. Additionally, a retest may occur down to 1.2673 and, if necessary, to 1.2700 before continuing...
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
Daily internal signal analysis GBP/USD has formed a double top and 4-hour bearish divergence. The sell stop can be set at 1.26419, the breakout level of LH.
think this setup is valid bc we have the previuos Choch. i try to not take trades against my 200Ema so ill cut profits agressively. prob gonna look for longs in Ny session
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPUSD has been overall bullish, trading within the rising channel in blue. At present, GBPUSD is approaching the upper bound of the channel acting as an over-bought zone. Moreover, it is retesting a strong supply zone. 🏹 Thus, the highlighted red circle is a strong...
We are currently bearish on the daily timeframe and price just came into a very strong resistance level/order block with the daily stochastic RSI in the way overbought territory. I am in on shorts from 1.27500 and looking to hold it unless price says otherwise.
According to the behavior of the price in the current resistance range, possible scenarios have been identified. It is expected that the continuation of the upward trend will be formed until the specified resistance level
**Sorry about the sound** Today, I'm looking at the Major Indices to determine the current state of play of the currency market and what we should expect for the remainder of the trading week. The current 4HR wave structure analysis of the Indices is as follows: DXY: +ve EXY: Neutral AXY: Neutral SXY: +ve JXY: +ve BXY: -ve CXY: -ve ZXY: -ve BUY PAIRS: No High...
Im anticipating orice to continue to push bullish back to the key level marked, following the CPI data release which was positive for GBP
SL: 1.26505 TP: 1.28380 In this trading strategy, I present a compelling opportunity for a long position on the GBPUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
Market pricing has tipped in favour of ‘no rate cut’ at the upcoming Bank of England (BoE) meeting in June after UK CPI came in higher than expected this morning. Markets were assigning a 50/50 chance of a rate cut in June before the CPI release according to data from Reuters. The probability of a cut has now dropped to 15%. It’s not that the data was bad, it just...
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
Initial Signal BUY But now Rteurn to Previous Level Core Inflation Rate YoY (Apr) MEDIUM Previous 0.042 Consensus 0.036 Actual 0.039 Signal BUY CCPV Rolling over on 1 m Over Extended Pulled Bac into FVG Crossed Trigger Line USD Stronger on CPM London Open 10 mins ago Pushing Down Sellers have Turned Red In this game u have to Anticipate : )
In this video, we delve into the recent movements of the Pound Sterling against the US Dollar as the GBP/USD pair hits a temporary pause near the key resistance level of 1.2700. Investors are closely watching the upcoming release of the United Kingdom's Consumer Price Index (CPI) data for April, which is expected to provide crucial insights into the interest rate...
Disclaimer: Please remember I am not a signal service. All trade ideas and analyses shared are only my views on the markets. When we open a position it means we may lose, so manage your risk, and accept only what you can bear. I am also trying to do that. Always follow your trading plan, trade management, and risk management. There is no place for luck in...
Last Friday up D1 bar for GBPUSD had a lower shadow and closed near the top, showing good buying pressure. Before that, bar D1 decreased but created a bullish pinbar, also showing buying pressure. The recent price behavior of GBPUSD D1 at this resistance suggests the possibility of a breakout from the most recent peak to establish an uptrend again. GBPUSD H1...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2608, which is a pullback support close to 38.2% Fibo retracement Our take profit will be at 1.2667, a pullback resistance. The stop loss will be placed at 1.2534, which is an overlap support level close to 61.8% Fibo retracement
Hello, friends. I've been selling positions since yesterday. The price grabbed liquidity from the weekly candle, yesterday grabbed the previous daily high, and we had the impulse from May 9 without any correction. I think it's time to see some deep correction, with the first trading point in the 1H zone around 1.26500 The long-term target is around 1.26,000 Let's...