GBPUSD continues to move in the descending channel after rebounding from the support level. The chart formed a bullish takeover near the support level. The fall that occurred after the formation of two tops reached the level coinciding with the fibbonacci retracement level. We expect a rebound to the retracement level after retesting the nearest support...
Time Frame: 4H Symbol: GBPUSD Entry: 1.24964 TP: 1.23561 SL: 1.26077 Bias: Short The current value example of this money pair is showing areas of strength for an according to our projected heading. We accept the miniature pattern will go on with slight cost percussion . Our point is to underwrite from the current business sector changes.
Hello traders, GBP/USD has fallen massively post the US CPI data release last week. While I expected price to fall upto the 1.2520 zone, I did not expect the 1.12520 horizontal support to break down. Looking at the chart, we can plot a price channel and currently, the price seems to be at the lower trend line of the price channel. So, in my opinion, this is the...
We expect further downside on this pair, signalled by the formation head and shoulders pattern breakout. We can also see the breakout of a short-term trendline and key level supports our directional basis
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Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . 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 if you have your own opinion about it, write in the...
💎GBPUSD Analysis💎 [/b ] 🔸In the current context, GBP/USD is revealing a head and shoulders pattern, clearly supporting the long-term decline of the British Pound against the US Dollar. It is expected that this week, GBP/USD will continue to challenge the neckline around 1.2500 in the short term before potentially decreasing further. With today's trading...
GBPUSD Long 100 pips target with 1.2540 SL There is a triple bottom which is pointed with green dots on 4H timeframe and there are triple bottom in 1H TF at 1.2542 Price breaching 1.2542 should trigger SL Daily TF: 4H TF: 1H TF:
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...
FX:GBPUSD price fail due to DXY remain extremely bullish, though we thought price would rise up in our 1 hour timeframe and then continue dropping. However, DXY bullishness momentum was extreme and it kept on dropping. We might see some correction where price reaching around price region and then drop from that area. If you like our work then please do like and...
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...
Time Frame: 4H Symbol: GBPUSD Entry: 1.24895 TP: 1.23581 SL: 1.26249 Bias: Short This pair is uncovering a short example and showing a chance of shorting from the current cost level. We are searching for a selling opportunity from the ebb and flow cost setting.
For nearly six months, the price action of FX:GBPUSD has been rather dull, to say the least, with the pair confined within a 250-pip range. This stagnation is particularly notable for a pair as volatile as the cable. However, upon examining a weekly chart, we can draw some conclusions and gain perspective on potential future movements. Three factors lead me to...
If you're interested to trade Gbpusd look for buy opportunities. Set a buy limit at 1.24800
Dear Traders, Hope you are doing great, we have an excellent buying opportunity. Yesterday price fell significantly mainly due to news came out in favour of USD, making usd the strongest currency against others. This brought huge selling volume in the market, leading our last GBPUSD idea to fail badly. The reason why we think price may rise due to so many gaps...
Hello traders, in my yesterday's GBP/USD analysis published 2 hours before the US CPI data release, I predicted that GBP/USD will most likely fall towards the support level near 1.2550. (previous idea attached below) As you can see, GBP/USD is back to the support zone, price went as low as 1.2520. So, I am looking at the possibility of a buy entry here. If price...
Time Frame: 4H Symbol: GBPUSD Entry: 1.225354 TP: 1.24002 SL: 1.26539 Bias: Short We are wanting to short GBPUSD as we see the cost design recommends a short trade which might be trailed by a high likelihood long trade however the time isn't yet ideal for the long, so we want to sling a short opportunity meanwhile.
Hello Traders, here is the full analysis. The completed correction, recovery and formation, 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 if you have your own opinion about...