Hello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the 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...
Hello Traders! This is my forecast related to GBPUSD H1. I see a bullish market at the moment, that's why I expect that PWH will be taken. Until now, we can see only HH and HL, meaning that we are in a bullish market. It's a good opportunity to look for long entries, as the bias according to this scenario is bullish. Traders, if you liked my idea or if you...
There's an M-Top pattern at resistance on GBP/USD. This is a complicated trade as the price is above all the major EMA's (25,50,100,200) and therefore could easily use these levels to move higher. MACD, Rlative Strength and EMA's are all in red numbers suggesting BEARISH pressure but the price nedds to break through the 200 EMA before a position can be...
HELLO TRADERS! GBPUSD is trading in down trend and fail to break the trendline if it rejects from this resistance zone which is trying to break from last week but failed then it can drop directly from this level and can test Horzontail Support zone so let's see how markets move it's just a trade idea share ur thoughts with us & Stay Tuned for more updates.
GBPUSD demonstrates increasing bearish pressure across monthly, weekly and daily timeframes. The breakdown of market structure on each timeframe supports a bearish bias, which we explore in the accompanying video. While a recent retracement hints at a potential short entry, upcoming high-impact data releases for both GBP and USD warrant caution. Strategic...
We expect further downside on this pair, signalled by the stoploss hunt at the high of the current month. We can also see a formation of a double top pattern which further supports our directional basis.
GBP-USD broke out of The bearish Pennant partter after Retesting a resitance level At 1.2604 so we are now Bearish biased and we Will be expecting a Further move down !
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...
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.