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 .
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...
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
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
The pair has been in a range for a while now. Analysts have been waiting to see how price would react around 1.27 for quite some while now. Fundamentally, the GBP is getting stronger than the USD. A recent breakout has occurred, on screen analysis details my thinking. UP THE POUND!!!
Here the price has touche the psychological level of 1.27000 helding over to another psychological level with a big bullush candle show that buyer are still in control so it is expected to tarteget another profits at psychological level of 1.275000
As the price is forming consolidation below the psychological level of 27000 that means a new upward move momentum is ranging. So it advicesble to wait and what a pattern that form before entry and set stoploss should be below the support of the ranging price and targeted profits should be on another psychological level of 27500 and 28000
I am waiting for a 4h close either side to confirm direction with a 30m close to validate an entry