🚨 GBP/USD Update OANDA:GBPUSD 🗓️ Date: 25 February, 2024 ⏰ Timeframe: Daily 💡 Given in the chart – ♦️ Blue color -(Descending Triangle ) = D1 ♦️ Red color -Resistance Level = 1.2714 ♦️ Green color -Support Level = 1.2528 The currency pair did not see any good movement in the last week i.e. February 18-24. This is mainly due to the lack of publication of any...
OANDA:GBPUSD is holding lower ground below 1.2650 in European trading on Wednesday. The US Dollar is building its recovery gains amid a cautious mood, ignoring negative US Treasury bond yields. Key US data, BoE and Fed speak awaited for fresh trading impetus. OANDA:GBPUSD continues to churn at the intraday level, cycling 1.2650 trapped between technical...
Here price still in uptrend and keep moving up so going for long still the option as the price keep buying at psychological level . Use good money management
GBP/USD declines toward 1.2650 as mood sours GBP/USD turned south and declined toward 1.2650 after spending the European session in a tight range near 1.2700. The negative shift seen in risk mood makes it difficult for the pair to hold its ground Trend momentum is mildly bullish on the intraday and daily DMI studies, suggesting the GBP/USD pair should remain...
Here the price has reached support and make a pullback which means we will be expecting and bullish movement so at this moment going for LONG is needed and targeted profits should be around TP 2 TP3 and TP$4
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . GBPUSD long ! 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 it, write in the comments. I...
GBPUSD is in a bullish trend and ascending channel. The price keeps testing the psychological level of 1.27000, which eventually will be broken. The market is creating a trend continuation pattern—a triangle formation. We expect a continuation of the trend, potentially retesting the resistance. ------------------- Share your opinion in the comments and...
The greenback index and greenback index futures each fell 0.1% in Asian buying and selling on Tuesday, with the dollar dropping a few floor in anticipation of key monetary data. PCE charge index data - the Fed`s favored degree of inflation - could be launched on Thursday and is predicted to be taken into consideration in determining the valuable bank's hobby fee...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for a long. I wait price to continue the retracement and then to reject from support zone + trendline. Like, comment and subscribe to be in touch with my content!
Looking at the price we can see that it have reached to a psychological level of 27000 which is our TP2 now the price is likely to mske another move to hit another psychological level of 27500 TP 3 and another psychological level of 28000 TP4 . This because price is still in uptrend and likely to continue moving upward.
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 !
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
Based on our previous analysis in which we mentioned Elliot wave we can see that price keep going toward the Elliot wave so take profit should be at 26500 or 27000 psychological level
GBP/USD reversed its direction and declined below 1.2650 after rising above 1.2700 earlier in the day. Renewed US Dollar strength on the back of better-than-forecast Jobless Claims and upbeat PMI data makes it difficult for the pair to keep its footing. GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders...
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...
GBPUSD is currently trading in a descending channel, creating a bearish harmonic pattern. The market is testing the upper border of the channel and the major resistance level. Price created the confluence level to short the market. We expect a bearish move since harmonic patterns work greatly in consolidating markets. ------------------- Share your opinion...