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 ⏰
Bearish daily bias. Rejection of FVG above Tokyo session. Sweep of buy side liquidity. Break of structure to the downside.
Bearish daily bias, raid of tokyo sell side. Bearish break of structure to the downside, 15 min bearish engulfing candle after BOS.
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...
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...
Hello traders, FOMC has given as GBP/USD a boost to the upside as the market believes Fed will cut rates soon although the Federal Reserve has kept rates unchanged for now. Technically, we do not have too many cues to go on. However, price has reached the 1.28 supply level. A bigger resistance level lies at 1.3150. For now, we are not selling GBP/USD. ...
GBPUSD we have been trying to sell GBPUSD since long time price consolidated and then took out the buy side liquidity, now price has broke out the sell side trendline liquidity. In our view, price will continue to drop at least for another 200 pips, then after we will wait for second safe entry. Good Luck Trade might be ready within next week since we will be...
GBP/USD has formed a rising wedge pattern on the 4-hour timeframe. Additionally, as of the 26th March 2024 report, 11,344 large speculators exited long positions on the Great Britain pound. 📉 Expectations: Anticipate the pair to re-test key support levels as highlighted in the attached chart. 📊 Trading Strategy: This trade is based on a combination of...
GBPUSD did not change much in the last session, the situation remains unchanged, continue to expect the price to go down in the short term, the target is around the 1.25xx threshold, however you need to move the SL for short positions. to the 1.2640 area to reduce risks.
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...
Hey Traders, Check out this technical analysis on GBPUSD; it appears to be undergoing a small range pullback, potentially indicating a bullish momentum continuation. However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry. Alternatively, there may be an opportunity for a sell trade if the market...
Waiting for a retest of 1.26898 to short GBPUSD back to 4H swing low at 1.25353 If you agree drop a like and if you have any questions leave a comment :)
Hello Traders! This is my idea for GBPUSD. I expect a retracement from the Supply level which is also an OB level. I see a continuation of the bearish market structure and in case of confirmation of retracement from the supply level, I will execute a short trade. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and...
USD JPY 1 hour timeframe outlook. On The one-hour timeframe, the market is currently consolidating on that resistance level, we need to see a break out to the downside and a retest to get an entry for SELL. On the other hand, if the market breaks above the resistance level to the upside we need to see a retest of the broken resistance turn support to get a BUY entry ⏰
MARKET PHASE OANDA:GBPUSD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses)...
Hello friends. We see the price in the channel and I expected price go up to red line and start downtrend to determined line in the chart . be enjoy and profitable
Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
GBPUSD - 24h expiry The medium term bias remains bearish. Price action looks to be forming a top. The sequence for trading is lower lows and highs. Rallies should be capped by yesterday's high. Bespoke resistance is located at 1.2660. We look to Sell at 1.2660 (stop at 1.2690) Our profit targets will be 1.2585 and 1.2565 Resistance: 1.2660 / 1.2690 /...