OANDA:GBPUSD I still see some left behind orders out there below 1.282 so i expect the price to fall down to the marked area to clear the orders and then make a bullish trend up to the LIQ area above big figure 1.3 if price rushes to break below 1.28 or above 1.29 on coming Monday then this idea is definitely FAILED
GBPUSD: Breakout from Converging Triangle Signals New Trend The GBPUSD pair has recently broken out of a converging triangle pattern on the weekly chart, indicating a potential new trend direction. This technical formation, often seen as a continuation pattern, suggests a significant move following a period of consolidation. Key Observations: Pattern...
As long as we are above the drawn level in the 1-hour time frame, we are waiting for buy positions. These positions can be attractive with the FVG filling target
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. 🚀 If you liked it and want more, don't hesitate to subscribe and boost the post! Questions? Leave a comment!
Hello everyone! - 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 weakness USD. But we also have the UK entering a recession, so we have a pound that's very affected but still...
Here on GBPUSD price has reached a psychological level of 1.28000 and it continue being uptrend this means that buyers are still in control so going fo LONG is needed and targeting profit should be a psychological of 1.28500 .
Time Frame: 4H Symbol: GBPUSD Entry: 1.28119 TP: 1.29387 SL: 1.27268 Bias: Long The current cost design uncovers a long bias and the inclination is as major areas of strength for yet hence we can go long or stand firm on the past lengthy situations.
according to me my lecvel gbp had a huge breakout in both channel pattern and also from consolidation zone i think its going to be a opportunity for bullish entry. NOTE: THIS IS JUST MY ANALYSIS MAKE SURE U HAVE UR ANALYSIS FOR AN ENTRY
The US greenback softened, hitting a one-month low in opposition to the yen today, as marketplace individuals anticipated a probable US hobby charge reduce later this yr. This sentiment turned into stimulated with the aid of using latest inflation statistics and feedback from US Federal Reserve Chairman Jerome Powell. Powell, in Wednesday`s testimony earlier than...
This is also gonna be one of the interesting charts to watch in the coming months or yrs, as the pound is gaining strength against the dollar. So, Based on the chart, you can see that we completed a correction cycle in 01 Sept 22 which had started 01 Oct 07, from there a bullish cycle is expected to start which will lead us to the ATHs. Even Fundamentally, it's...
Time Frame: 4H Symbol: GBPUSD Entry: 1.27456 TP: 1.28201 SL: 1.26950 Bias: Long The current value example of GBPUSD is showing a bullish bias. The bias is solid and can proceed ,so our stand is for taking a buy exchange .
As I examine the GBP/USD chart with a 30-minute granularity, I'm greeted by the unfolding narrative of an Elliott Wave sequence. The chart beautifully illustrates the end of a motive phase, with waves (1) through (5) painting a picture of the recent bullish sentiment in the pair. After the climactic high of wave (5), it seems the narrative is shifting, as the...
FX:GBPUSD If resistance is broken above 1.273 the price may continue to 1.275 - 1.28 & up to 1.282 next Fibo level.
Now the price has made a small move for the double top and could not go further showing that buyers are still in control so is important to take start new buy as the price will continue it up trend movement and set targeting profits at psyschological level of 1.27000 and 1.27500
Time Frame: 4H Symbol: GBPUSD Entry: 1.27226 TP: 1.27940 SL: 1.26679 Bias: Long Our bias for this instrument is bullish. We think the value level will skip up higher after a little drop. So positions should be taken carefully.
Yesterday's increase was the third consecutive increase for GBPUSD, however there were signs of weakness because yesterday's D1 bar had a long upper shadow, swept to the nearest peak and then pulled back down, creating a false break. Because there has not been a previous break from the inside bar, GBPUSD D1 is still in a state of accumulation and price...
Here the price have rebound around psychological level of 1.27000 showing that there is more ability to rise and the price still in uptrend . At this point going for LONG is needed and entry point should be around psychological level of 1.27000 and targeting profit should be at another psychological level of 1.27500 of TP1 and 1.28000 of TP2