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...
A Confirmed entry. You can manage your trade via SL Trailing. scalpers can have good returns. As the price will reject first and then will continue upwards. Price is currently approaching a good demand zone. Happy Trading.
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.
Waiting for a break and retest at 1.26124 to short GBPUSD back to Daily ley level at 1.24481 If you agree drop a like and if you have any questions leave a comment :)
Hello Traders, here is the full analysis. This is my current view on GBPUSD. Price is hovering around our entry zone. Possible strong bearish movement expected! Keep an eye out. A good entry now with accurate stop loss can be a good one. 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...
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GBP/USD is exhibiting a bullish trend in the 4-hour timeframe, as evidenced by its movement within an ascending channel. Traders are currently anticipating a potential breakout from a descending triangle pattern, which could further support the upward momentum. Keeping a close eye on this technical pattern may offer opportunities for strategic entry or exit...
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Fundamental and Technical Analysis Fundamental analysis covers the economics of the UK and US such as macroeconomic data, political news, important events that can affect currency exchange rates. Technical analysis includes chart pattern reading such as trends, support and resistance levels, oscillator and momentum indicators. Choose Timeframe and Indicators For...
GBPUSD broke and closed below the consolidation zone, which became the resistance level. The market created a resistance level, which is a consolidation border. Price tested this level multiple times, creating structure shelf. We expect a bearish trade. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
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...
We are expecting a lot of important fundamental news next week. Here is your trading plan for GBPUSD. The market is currently trading within a wide horizontal range on a daily. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios. If the price breaks and closes above the resistance of the range, we can anticipate a bullish...
GBPUSD is trading in an ascending channel, making higher highs. The price is trading near the psychological support level of 1.27000. Price action printed a bullish harmonic pattern, and it's creating an AB=CD pattern as well. We expect a buying opportunity at the confluence level: bullish harmonic pattern and a 50% fibo level. ------------------- Share your...
GBP/USD holds above 1.2700, where the 50-, 100- and 200-period Simple Moving Averages (SMA) on the 4-hour chart are located. In case this level stays intact as support, 1.2760 (static level) could be seen as next resistance before 1.2780 (static level) and 1.2820 (end-point of the latest uptrend). If 1.2700 fails, technical sellers could take action and open the...
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,...