🚨 GBP/USD Update OANDA:GBPUSD 🗓️ Date: 25 February, 2024 ⏰ Timeframe: Daily 💡 Given in the chart – ♦️ Blue color -(Descending Triangle ) = D1 ♦️ Red color -Resistance Level = 1.2714 ♦️ Green color -Support Level = 1.2528 The currency pair did not see any good movement in the last week i.e. February 18-24. This is mainly due to the lack of publication of any...
OANDA:GBPUSD is holding lower ground below 1.2650 in European trading on Wednesday. The US Dollar is building its recovery gains amid a cautious mood, ignoring negative US Treasury bond yields. Key US data, BoE and Fed speak awaited for fresh trading impetus. OANDA:GBPUSD continues to churn at the intraday level, cycling 1.2650 trapped between technical...
Here price still in uptrend and keep moving up so going for long still the option as the price keep buying at psychological level . Use good money management
GBPUSD is reacting bullish following the weakening dollar and price is at a key level from which I expect to see a push higher to the intermediate liquidity pools.
Here the price has reached support and make a pullback which means we will be expecting and bullish movement so at this moment going for LONG is needed and targeted profits should be around TP 2 TP3 and TP$4
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . GBPUSD long ! Great BUY 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 comments. I...
GBPUSD is in a bullish trend and ascending channel. The price keeps testing the psychological level of 1.27000, which eventually will be broken. The market is creating a trend continuation pattern—a triangle formation. We expect a continuation of the trend, potentially retesting the resistance. ------------------- Share your opinion in the comments and...
The greenback index and greenback index futures each fell 0.1% in Asian buying and selling on Tuesday, with the dollar dropping a few floor in anticipation of key monetary data. PCE charge index data - the Fed`s favored degree of inflation - could be launched on Thursday and is predicted to be taken into consideration in determining the valuable bank's hobby fee...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for a long. I wait price to continue the retracement and then to reject from support zone + trendline. Like, comment and subscribe to be in touch with my content!
GBP/USD holds above 1.2660-1.2650, where the 200-period Simple Moving Average (SMA) on the 4-hour chart and the Fibonacci 23.6% retracement level of the long-term uptrend align. In the meantime, the Relative Strength Index (RSI) rises toward 60, reflecting a buildup of bullish momentum. On the upside, 1.2700 (psychological level, static level) could be seen as...
Looking at the price we can see that it have reached to a psychological level of 27000 which is our TP2 now the price is likely to mske another move to hit another psychological level of 27500 TP 3 and another psychological level of 28000 TP4 . This because price is still in uptrend and likely to continue moving upward.
As TP2 has reached mentioned earlier now we can wait before another move to see if the price will form a pattern or another Shape to give a signal for another entering of buy.
Price has reached to psychological level as was predicted . At this point is better to wait a correction before entering another BUY or can still hold for a longer timefram. Price keep moving in uptrend .
Hey there! I'm selling on GBP/USD: -RMID (Range Manipulation Initiation Distribution) -We have liquidity uptake. -We have an interesting zone. -We have the optimal Fibonacci. -We have accumulation before/on the zone. -We are with the trend. The GBP is likely to start depreciating due to the UK entering a recession! And the USD, on the other hand, is the...
"Hello everyone! After yesterday's stop loss, the plan remains the same, here's my second attempt! - Here's my view on GBP/USD: - We have liquidity. (Recovery and Accumulation!) - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong...
GBP-USD is trading in a Local downtrend along The falling resistance line So after the retest of This resistance I think We will see a further Move down !
Demand zone 1.2640, 1.2625-15, stop loss: 1.2595, target: 1.2740.
Here on gbpusd price has made a rebound around psychological levels of of 26500 and helding moving up . SO going for LONG is expected and targeting profits should be around 27000 levels.