GBPUSD stabilizing above 1.2172 will support rising to touch 1.2251 then 1.2322 then 1.2417 stabilizing under 1.2127 will support falling to touch 1.2122 then 1.2072 pivot price: 1.2127 Resistance prices: 1.2251 & 1.2322 & 1.2417 Support prices: 1.2122 & 1.2072 & 1.2037 The general trend expected for today: bearish timeframe: 4H
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
GBP/USD Resistance Level 2: 1.2240 Resistance level 1: 1.2200 Spot price: 1.2165 Support bit 1: 1.2100 Support bit 2: 1.2080 GBP/USD was last up 0.14% at 1.2158. Although the pound showed some resilience last week, weak key economic data put it at a disadvantage. British retail sales were weak in September and consumer confidence dropped significantly, which...
Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
As Pound has changed its trend on Higher Time Frame (i.e H4 and Daily), I can see it chasing new-bees stop-losses and going for long. Wait for the price to come to demand zone and go Long. Wait for the market to shift its momentum in short time frame such as on a 5 mints chart to get a precise entry. Happy Trading.
For my own analysis i can see that the price has form double button which means is still moving higher and will still break out so going long is needed
GBPUSD! N.B! - GBPUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #gbpusd #cable
Hello traders, in my yesterday's GBP/USD analysis, I mentioned about price falling to 1.21 or lower. Keep in mind that GBP/USD was trading 1.2205 then. So, anyone who sold based on my recommendation definitely made at least a 100 pips profit. Currently, GBP/USD has rebounded from the demand zone that I had already highlighted in yesterday's chart. So, my...
Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello traders, with nearly 70% of the retail traders long in GBP/USD, I can definitely say that many of you are waiting for a strong uptrend in GBP/USD. However, 1.2224 level is a key hurdle for GBP/USD. Bulls need to break this level for the uptrend to carry on. That being said, I currently have no open positions in GBP/USD. My trading plan is to buy GBP/USD...
GBPUSD New forecast The British pound against the dollar pair approached the pivotal support 1.2122 and rebounded upwards from there, so that the bullish trend scenario remains effective for the coming period, waiting for a break and stability above the 1.2216 level to reach 1.2270 and 1.2310 as the next main targets . The price needs to overcome the...
The pair is already in an uptrend on higher time frames. We expect further upside which is signalled by the breakout of the falling wedge pattern. We can also see the formation of a new high and a breakout of a key level which further supports our directional basis. Entry on the retest of the key level.
GBPUSD is sending a clear bullish price delivery. Am expecting price to rise and take out the previous day highs. Buy!!
Hello traders, GBP/USD is back in the demand zone from where we can see a bullish move to 1.25 level. However, I am not rushing into buys yet. I am waiting to see if GBP/USD drops to 1.2050 level which would be a very attractive level to buy GBP/USD. Keep in mind that if the zone highlighted in the chart breaks, then the next key level for GBP/USD is 1.18.
I expect GBPUSD to retrace to 22250 area, grabbing liquidity, then sell long term. Buy
GBPUSD The pound sterling pair against the dollar focused on the breached resistance of the descending channel and rebounded upward to resume the expected upward corrective path in the immediate term. stabilizing above 1.2172 will support rising to touch 1.2213 then 1.2248 then 1.2292 stabilizing under 1.2172 will support falling to touch 1.2124 then 1.2077...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD New forecast The pound sterling pair against the dollar approached a few points closer to our expected target at 1.2115, and by closely looking at the chart, we find that the recent trading is confined within a falling wedge pattern whose resistance level is at 1.2173, which means that breaching this level will provide a positive incentive that will push...