GBPUSD is in range so we prepared the trade plan by playing resistance and support, prepared two trade plans
I expect a pullback here on GBPUSD. I think the price is on the way for 1.254. This a resistance area where could maybe see a reversal pattern and the pattern could resume the bearish trend
GBPUSD Long 100 pips target with 1.2540 SL There is a triple bottom which is pointed with green dots on 4H timeframe and there are triple bottom in 1H TF at 1.2542 Price breaching 1.2542 should trigger SL Daily TF: 4H TF: 1H TF:
OANDA:GBPUSD GBP/USD is advancing toward 1.2700 in the European trading hours on Tuesday. The pair benefits from a fresh leg lower in the US Dollar even as traders stay cautious and refrain from placing fresh bets ahead of Wednesday's US CPI data.
Dear Traders, Hope you are doing great, we have an excellent buying opportunity. Yesterday price fell significantly mainly due to news came out in favour of USD, making usd the strongest currency against others. This brought huge selling volume in the market, leading our last GBPUSD idea to fail badly. The reason why we think price may rise due to so many gaps...
Hello Traders, here is the full analysis. The completed correction, recovery and formation, continuation of growth. GOOD LUCK! 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...
Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Dear Traders, Regarding GBPUSD, we have observed a shift in momentum, presenting an opportunity to fill gaps in the market. Currently, the price is exhibiting significant bullish pressure and is likely to maintain this trend. We recommend considering both entry points, with a backup option in case the first fails. This trade has the potential to be lucrative if...
Currently, I'm observing a continuation of bullish institutional order flow , particularly towards the H1 Buy Stops , which serves as our Draw On Liquidity . Price action is positioned at a crucial juncture, resting upon a significant H1 Bullish Order Block , aligned with a reclaimed order block — an institutional support zone. In this scenario, I...
H4 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
In the video, we analyse a potential trading opportunity for the GBPUSD. We delve into the prevailing trend, examine price movements, evaluate market structure, and pinpoint a potential entry point based on favourable conditions (if they arise), as outlined in the video. Additionally, I discuss my risk management strategy. Traders who lack a robust risk management...
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line RSI - Divergence Break of Structure Fibonacci Level - 61.80%
GBPUSD sell based on this 4H bearish trend and retrace. Not financial advice, use sound risk management.
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL 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...
EUR USD TRADE SET UP. EUR USD is making a break and rest pattern on the 1hour timeframe just like GBP USD. The market has formed a doji candle stick with a long wick on the key level,. now we need to see the next candle close blow before taking entry short ⏰
Entry: Short position recommended upon retest of 1.25800 support-turned-resistance. Stop Loss: Place stop loss near 1.26200 to mitigate potential losses. Take Profit Targets: - TP-1 : 1.25390 - TP-2: 1.24980 Conclusion: Favorable short trading opportunity post-breakdown. Maintain disciplined risk management. Disclaimer: Trading forex carries high...
GBPUSD Buy Now with 10 pips SL & 20 pips TP. As you can see that it has broken its resistance of tokyo session and has come for retesting. Feel free to buy from here.
Good evening everyone! Don't forget to put your thumbs up and write comment if you like the idea. The price moves smoothly into the long area. On Friday I expect to receive an impulse growth against the backdrop of the same decline in the labor market. First target: 1.26700 Final target: 1.28000