Since the beginning of December last year, FX:GBPUSD pair has been trading within a range bounded by 1.25 and 1.28.
In early March, the pair experienced a break above the upper range boundary. However, this break ultimately turned out to be false.
After returning to the familiar range, the pair formed a significant bearish engulfing pattern on March 21st....
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The price moves smoothly into the long area. On Friday I expect to receive an impulse growth against the backdrop of the same decline in the labor market.
First target: 1.26700
Final target: 1.28000
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...
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...
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.
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GBP/USD hovers around 1.2620 in dull trading
GBP/USD trades sideways above 1.2600 amid a widespread holiday restraining action across financial markets. Investors took a long weekend ahead of critical United States employment data next week. Fed Chair Powell coming up next.
GBP/USD is the forex ticker that shows the value of the British Pound against the US...
GBP/USD trades sideways above 1.2600 amid a widespread holiday restraining action across financial markets. Investors took a long weekend ahead of critical United States employment data next week. Fed Chair Powell coming up next
In case GBP/USD closes the day below the 200-day SMA at 1.2590 and starts using this level as resistance, technical sellers could remain...
Pair : GBPUSD ( British Pound / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Short Time Frame
RSI - Divergence
Break of Structure
Consolidation Phase in Short Time Frame
Completed " 123 " Impulsive Waves
GBP/USD holds support below 1.2600.
Markets continue to reflect the expectation that the BoE will hold off until August before easing. Rate expectations are perhaps providing the GBP with a bit of a cushion against the USD’s advance.
Sterling has rebounded modestly from the earlier session low. The GBP/USD pair based around 1.2590/1.2600, effectively a retest of...
Hello Traders,
GBP today seems to have found support in the 1.26 area from where I expect a retracement to the 1.27 level with first major resistance around 1.2710.
The rebound could be aided by the U.S. rate cut in June and major dollar sales by China. We can provide for a fairly tight stop loss just below the 1.26 level.
Stare your trading idea in the comment...
Here on gbpusd price has made rebound around psychological level of 1.26000 and now making some rejection that means that going for LONG is expected and targeting profit should be around 1.26500 or more.
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...
I'm SHORT cable from 1.2632 for the following reasons:
a). On H1 price has been rejected by the 100 EMA
b). THe 100 EMA coincides with the WPP mid pivot which has acted as stern resistance
c). RSI has been decling for several hours
d). MACD sees the fast MA crossed down over the slow
e). Pivot Point SuperTrend is reading SELL on 15M
f). Andean Oscillator sees the...
-Hello everyone !
-Here is my opinion on GBP/USD:
-P.O.I (Point Of Interest)
-An increase in liquidity.
-An interesting area.
-Optimal Fibo (OTE).
-No counter-trend.
- FVG (Fair Value Gap/Imbalance) *Optional
-Plus we have a very nice shopping area next to our TP!
This is why I would see the GBP/USD going DOWN!
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GBPUSD is trading along
The rising Chanal
And the pair has retested
The line so as we are already
Seeing a bullish rebound
A further local move up
Is to be expected !
-Hello everyone !
-Here is my opinion on GBP/USD:
-P.O.I (Point Of Interest)
-An increase in liquidity.
-An interesting area.
-Optimal Fibo (OTE).
-No counter-trend.
- FVG (Fair Value Gap/Imbalance) *Optional
-Plus we have a very nice shopping area next to our TP!
This is why I would see the GBP/USD going DOWN!
🚀 If you liked it and want more, don't hesitate...
