GBP/USD holds above 1.2660-1.2650, where the 200-period Simple Moving Average (SMA) on the 4-hour chart and the Fibonacci 23.6% retracement level of the long-term uptrend align. In the meantime, the Relative Strength Index (RSI) rises toward 60, reflecting a buildup of bullish momentum. On the upside, 1.2700 (psychological level, static level) could be seen as...
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. The GBP is likely to start depreciating due to the UK entering a recession! And the USD, on the other hand, is the...
"Hello everyone! After yesterday's stop loss, the plan remains the same, here's my second attempt! - 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 very strong...
GBP-USD is trading in a Local downtrend along The falling resistance line So after the retest of This resistance I think We will see a further Move down !
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
The GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a triangle pattern. Key Points: Triangle Breakout: The price has been trading within a triangle pattern, characterized by converging trendlines. This pattern can be interpreted as a continuation of the prior trend or a potential reversal...
GBPUSD is following bearish trend on 4H to 1D time Frame bears seems more stronger than bulls
GBP/USD pierced through 1.2700, where the 50-, 100- and 200-period Simple Moving Averages (SMA) on the 4-hour chart are located, and closed the last 4 4-hour candles above that level. Meanwhile, the Relative Strength Index (RSI) indicator rose to 60, confirming the bullish tilt in the short-term outlook. On the upside, 1.2780 (static level) aligns as interim...
By traders gbpusd is in up trend we are monitoring buy gbpusd gbpusd will restrest again then it will fly Note: Always wish you to manage your capital safe Take small lots which suits your capital The winner is the one who sticks with the market Give us like and support us
GBPUSD looking to rise to sell side liquidity 1.279. Looking for strong bearish movement after this.
The dollar edged lower in early European trade on Thursday, with risk sentiment buoyed by Nvidia's strong earnings, while traders awaited the release of business activity surveys. important for finding clues about the health of the global economy. At 04:10 ET (09:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was...
rising wedge pattern on GBPUSD. Price should fall to trend line from this area
Hey traders gbpusd is in up trend we are monitoring buy gbpusd Gbpusd will retrest again then it will fly Soo my point of view gbpusd is strong in up trend Like and support us
Here's my analysis of the GBP/USD 1-hour chart, where I've applied the Elliott Wave Principle to decipher the market's rhythmic patterns. The chart presents a complete five-wave impulse sequence followed by what appears to be the start of an ABC correction. Wave (1) started the sequence with a strong bullish push, succeeded by a corrective wave (2). The third...
The GBP/USD pair on the H4 timeframe exhibits a potential selling opportunity due to a recent downward breakout from a symmetrical triangle pattern. This pattern suggests a period of consolidation followed by a potential trend continuation in the breakout direction. Key Points: Triangle Breakout: The price has been confined within a symmetrical triangle,...
Not surprising to see the upside this morning, and caught a decent amount of positions. 1.15 for extremely long target, not thinking about speculation at this moment.
Hey traders in today trading session gbpusd in up trend There is good opportunity for buyer Gbpusd will be up again Like and support us