Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
H4 - Bearish trend pattern followed by a pullback No opposite signs Until the two strong resistance zones hold my short term view remains bearish here.
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...
📌GBP/USD continues to gain momentum, currently trading around 1.2550. The pair's strength comes from financial market predictions that the BoE will reduce interest rates from its September meeting, in line with expectations of a similar move by the Fed. 📌Speculation about the BoE moving to cut interest rates has been postponed due to concerns about strong UK wage...
Hello friends, last Friday, GBPUSD broke the 1.26 level but failed to sustain above. The daily candle on Friday looks like bulls have lost control. Bulls have also failed at the key 100-day EMA level which further solidifies the bearish bias in GBPUSD . I have already sold GBPUSD on Friday above the 1.2620 level. At present, I will consider selling the...
There is support at the previous low position, you can trade long, two TP points, 1.250 and 1.253
GBP/USD has formed a symmetrical triangle pattern on the 30-minute timeframe, and a breakout has already occurred. We are currently waiting for a retest to enter a SELL position, based on candlestick confirmation patterns at the retest level.
FX:GBPUSD The constructive tone in the Greenback maintains the risk complex under pressure on Wednesday, motivating GBP/USD to add to Tuesday's losses and gyrate around the 1.2500 zone prior to the upcoming BoE's interest rate decision.
Everyone must have seen yesterday’s analysis. Both GBPUSD and EURUSD are in line with my expected decline range of 500-1000. The US dollar also reached a high of 105.5. Oil is back at buying prices. Gold has also come to a profitable price. At present, I simply observed the market. There is currently no better opportunity to earn the difference in gold or oil...
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.
GBPUSD is moving in an ascending channel between the trend lines. The price has fallen into the demand zone. After reaching the current levels, the chart bounced and reached the upper boundary of the channel, but formed a descending top. We expect a pullback within the channel. ------------------- Share your opinion in the comments and support the idea with...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Starting to see some bearish confluences on GU ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the...
MUFG predicts that the Bank of England (BoE) may signal its readiness to lower interest rates soon, potentially starting as soon as the upcoming meeting. Recent statements from MPC members and upcoming inflation forecasts support a shift towards a more dovish policy stance. Key points: Policy rate expectations: BoE will likely maintain the current policy rate...
The British Pound has seen a partial retreat against the USD ahead of the Bank of England's interest rate announcement. It's widely anticipated that rates will remain steady at 5.25%. Consequently, attention is likely to be directed towards the voting split among the nine-member Monetary Policy Committee and the accompanying commentary, as these factors could...
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...
The U.S. dollar has also seen a sharp correction during this period, which I believe many traders have seen. The market has also put relatively much pressure on the US dollar. At the same time, it serves as the most valuable storage currency. There was also a sharp decline under the influence of geopolitical sentiment. TVC:DXY But I don't think the dollar...
I was expecting a retrace on GBPUSD and here you are. The limit order i shared some days ago worked perfectly and we easily made 90+ pips with one position only, and also the first entry is in profit. I am break even with both positions, and i am holding the trades till the support zone i drawed on the chart. There i will looks for a reversal pattern to enter long