Currently in Support Zone and trying to bounce back. Could launch from here for the next few days. However, there is still heavy resistance ahead and price is likely to fall again once targets are hit.
#GBPUSD seem to be at the end of a long-term downtrend that takes about 20 days. Our suggested position, as seen in the chart, is of the buy-stop type. Please do not open the position entry before reaching the trigger. good luck
please risk free if you open a long position by last analysis I marked tp in chart by green line
As you know GBP were bullish since a month ago. its because the fundamentally factor. BoE rate high is the key on this situation. meanwhile the fed still not yet take action on the inflation. that makes gbp strong on the fundamental side. as you know that on the last nfp ,the report was so bad. that makes dollar more in suffer these day. investor still waiting for...
Hello Traders and Investors. I am Lisa from Spain Please support my work by clicking the LIKE button(If you liked).Thank you! I am using Ichimoku indc and PV and also Trending lines. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade. risk is justified Good luck everyone! Follow me on...
Looking for buy opportunities as soon as the market opens. Long term buy for the whole of December 2021. Risk small. All the best
Gbpusd - Daily - Price is trading at the bottom of this descending channel and calling for a deep correction of 300-400 pips so we good to take longs.
Markets is largely expecting the BOE to hike Rates in the December meeting. the positive print in the inflation data this morning further fuels the expectation of the 15 basis point hike to be this coming meeting. we are expecting the BOE to disappoint the market hence we have a very bearish bias on the GBP currency. technically we expert a completion of a WXY...
Long position taken because the price started a bullish trend from a daily demand zone and also it broke last week high and a 4H supply zone, so I took a long position. R/R = 1:1.86
Bullish Indicators: 1) Bounced from the upward trendline 2) Support zone at 1.86056 3) Bullish engulfing Bearish Indicators: 1) Descending trendline 2) Resistance at 1.87723 Plan A: One can buy from here for the target of 1.88459 Plan B: On the breaking of upward trendline one can sell for the target of 1.85340 where the major support lies.
The British pound has found the bottom. Time to open long positions. I think that a full recovery awaits us by the end of next week, at the end of this week I expect the beginning of a correction. Don't forget to subscribe)
GBUSD is ready for correction, I expect growth in British session. Before opening british session pair could fall till 1.36500.
The Market is on High Bearish Pressure and According to the Sentiments Report Sellers are on the market on weekly and daily reports Do your proper analysis and trade with your vision .If its helpful give me a Like and Follow me for Regular Day trading Signals and ideas
The pair retested on out of the three levels that we marked out for as areas of value for the institutions on the upside. We think the bottom is in for the pair as there are little to no downside levels to exploit and the path of least resistance to stop loss hunt seems to be to the upside. BULL CASE We expect price to test the 1.385 level before finding more...
Buy Stop: 1.39050 TP1 : 1.39400 TP2 : 1.39650 Stop Loss : 1.38700
GBPUSD SELL LIMIT : 1.37150 TP1 : 1.36800 TP2 : 1.36360 STOP LOSS : 1.37400
Entry based on simple principles: 1. Very clear three white soldiers formation on 4H chart 2. Rejection at 50% of Fibonacci levels 3. Also it bounced from solid support which wasn't breached since mid of April(Bigger picture chart in link)
Price is sitting on a key support in line with the ascending trend line and 61.8% retracement where we could see a bounce from here.