FX:GBPUSD broke out on the downside of the range market on H4. We are currently seeing a retest of the consolidation, a close below 1.25963 would be a good point to get into the market for a sell. A close above the 1.26606 would mean the bulls getting back into the market at which point I will rather stay out to see what the market will tell us. For the now, I'm...
GBP USD is falling from a supply level, a short sell has been executed now we wait for market probabilities
#GBPUSD downtrend pauses with a pullback. Potential short opportunity if price rejects at resistance during this pullback. Higher timeframes remain bearish with a recent 1D market structure break. We're eyeing a short entry around 61.8%-78.6% Fibonacci zone. Remember, trading is risky. This is just my opinion, not financial advice.
Most emerging market currencies are not expected to recover this year's losses against the dollar in the coming months, according to a recent poll of foreign exchange strategists. The poll, involving 50 FX strategists, suggests the possibility of aggressive interest rate cuts by the US Federal Reserve, weighing on the performance of these currencies. A basket of...
FX:GBPUSD Dollar influenced in the beginning of the year is extreme probably after the major holidays, market moved back to normal level of volume. DXY is bullish because of news coming ahead in this week and other reason was most of the usd pairs were overbought such as gbpusd and eurusd. GBPUSD dropped heavily since yesterday and we expect price to continue...
Initial position on GBPUSD taken out by a small margin as market headed up to touch our diagonal resistance which was created by our ascending channel which can be identified on our H1 & H4 timeframes within our overall larger structure which is currently in a consolidation(invalidating LTF QML formation). I’ll be entering a new sell position at 1.27518 with stops...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello Traders, here is the full analysis. If it continue the bullish momentum then we can see GBPUSD drop even below in short time. 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...
GBPUSD SELL opportunity 1.2610 TP 1.2334 GBPUSD BUY opportunity 1.2655 TP 1.2757 GBPUSD BUY opportunity 1.2535 TP 1.2635 Confirmation after the breakout support level. If Broke through support will reach to next support level 1.2370. The Current Resistance level is 4H 1.2827 and support is 1.2501
For almost 2 months now, FX:GBPUSD has been trading in a clear range between 1.28 and 1.26. Friday the pair reversed strongly from resistance and dropped quickly at support. A break under this support level could lead to a continuation of the drop to 1.25.
PEPPERSTONE:GBPUSD GU price is massive down due to DXY Bullish new last Friday. Now GU is consolidation 1.26112 to 1.26450 Level. That is very good sign to again gain momentum in next week. Based on my Analysis BS: 1.26451 Level After Retest SL: 1.26113 TP: 1.26728 TP2:1.27019 Disclaimer: Please be aware that this information is not provided as financial...
Hello Traders! This is my idea related to GBPUSD H1. I will wait for a confirmation for a long entry after the chart will touch the OB level. I expect a bullish move until the resistance level mentioned on the chart. Traders, if you like my idea or have a different opinion, please, feel free to leave a like, comment and subscribe to see my future ideas.
HELLO FRIENDS! GBPUSD on daily TF showing us holding a strong support zone we are expecting a little retracement and then we can join the bull rally BOE is keeping interest rates higher which is showing a strength in currency after a big drop from BREXIT till now friends its just an trade idea shares Ur thoughts with us it helps trader community. Stay Tuned for...
In recent developments, bearish bets on several emerging Asian currencies have increased as traders readjust their expectations for an early interest rate cut by the US Federal Reserve. This change has prompted investors to seek refuge in the US dollar. A reassessment of the US Federal Reserve's (Fed) monetary policy trajectory has led to a stronger USD,...
Here I present my daily idea for GBPUSD which could provide us with some nice short and long opportunities. I feel that if we break the current trendline to the downside, we will see a drop to the 1.25 region. From here, we can take a long trade during the retrace. When the head and shoulder structure looks mature, we can look at taking a second short towards the...
My short-term analysis of GBP/USD. Enjoy ;) I believe we have broken from a rising wedge, and currently experiencing a brief pullback to the upside before a continued downtrend. ;)
Expecting a move up from this zone. GBPUSD is still in an uptrend so I am will be looking for long positions.
Traders in the pound market are betting on continued inflation due to a slowdown in retail sales as the Bank of England nears its next interest rate decision. The pound has recently strengthened against the euro for four consecutive weeks, and has strengthened against all G10 currencies this year except for the stronger US dollar. Investors have increased their...