GBPUSD went according to the past analysis. At present the price seems to have penetrated the SND area and also approaching the trendline. There are 2 scenarios that are likely to occur. Prices can be directly bearish or the price of bullish correction again and approaching HH before finally going back down. Adjust your transaction to the analysis that you might...
After the price responds positively to the SND area, there is a limited bullish correction and the price is back down to form a new LL. The biggest possibility of prices will continue the trend bearish up to the price range of 1,24000
On Thursday, DXY was become stronger and put GBPUSD down, but If you look on the chart, we can see huge Bearish candle which is abnormal as compared to another candle. I believe GBPUSD may rise more. Every support is an opportunity to buy.
at this time, if you look at some of the existing parameters, the price is in the SnD area and approaching the bullish trendline area. we better wait to see what will happen next week. 2 scenarios exist where the bulls are back in control or the bears are continuing the trend. better to wait for some confirmation that could happen.
Hi Traders! There is potential for a retest of the psychological 1.30000 level on the GBPUSD. We can see here on the 1D chart that the market has been extremely bullish since the long-term resistance break of the 1.28486 level. We have had a price rejection at the 1.31424 level, and the market has now broken below the 1.31000 handle, which provides opportunities...
the pair is in a rising wedge and can make a good decision about the side to move as we could see in past the price was showing some divergence with MACD (linked) and being in a rising wedge could be a good sign to short it but from the other side we can see that it has broken the resistance and it is currently retesting it from the above so if it stands as a...
After a volatile day of trading on Monday, GBP/USD is struggling to break free from the 1.3100 level on Tuesday as investors are cautious about making big moves before important economic data is released. Although GBP/USD experienced minor losses on Monday, the improved risk sentiment in the US session helped to minimize the losses. In the morning, the UK's FTSE...
Currently the price corrected from its bullish trend after touching fibo 1.618. if we pull the fibo retracement and we look for the SnD area which is adjacent to the fibo notation, we can find that there is a possibility that the price will go to the 0.382 fibo area which is also the same area as the SnD.
GBPUSD moving in parallel channel waiting for breakout to trade. Manage your risk according to account size!
GBP-USD looks nice for a Short setup. This is a daily Chart!
I have mentioned my analysis on the chart. I think it will help you to understand the analysis on GBPUSD. Rest of it depends on you.
Recent reports have indicated that the United Kingdom is facing its highest inflation levels in years, with various factors contributing to this uptrend. While this may raise concerns for some, as astute traders, we know that volatility often presents opportunities for substantial gains. The GBP/USD pair has become an enticing market to explore, reflecting the...
gbpusd has a orderblock on the 4H. look back at this zone. from here we wil fal to the targets 1.3000 1.2935 1.2750
⚠️C onfirmation Trade Reaction from BUY area ..!!! 🟢 Try to BUY🔼 all the Dips !!! ✅ Confirmation 1.2650 zone ✅ Expecting Mid Term Bullish Wave 🔔 NEXT TARGET 1.2750
Technical Overview The GBP/USD pair is showing a bullish trend as I draw in the chart, but it could face a bearish backlash at the 1st resistance at 1.31400, a level that has resisted multiple swings in the past. If that happens, the price could fall to the 1st support at 1.30000. This level is a pullback support, meaning it could attract some buyers. Further...
Technical Overview The GBP/USD pair is showing a bullish trend as I draw in the chart, but it could face a bearish backlash at the 1st resistance at 1.31400, a level that has resisted multiple swings in the past. If that happens, the price could fall to the 1st support at 1.30000. This level is a pullback support, meaning it could attract some buyers. Further...
Here is my analysis for GBPUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPUSD approaching the critical resistance level and expect a pullback rejection from there