GBPUSD moved out of the descending channel and dropped. Price broke and closed below the psychological level at 1.27000. The market created the fibo cluster to short the market, where there is resistance and 38.2/50% fibo retracements. We expect a breakout pullback and continuation trade. ------------------- Share your opinion in the comments and support...
The USD stabilized after the DXY index ended the week at a record high in more than a month, approaching its 2024 peak. The dollar has strengthened recently, contrary to expectations that the greenback would weaken as the Fed moves closer to cutting interest rates. Now, expectations of interest rate cuts by other central banks are also helping to support the...
HELLO TRADERS As I can see GBPUSD now tested a strong resistance zone as we can see DXY is now above the Daily Support level and holding the Support after NFP outcome I am expected a retrace till design levels if this week Stronger CPI & US Inflation comes out Friends its just a trade idea share Ur thoughts with us it help many other traders Stay Tuned for more updates
HELLO FRIENDS As i can see GBPUSD has created a fake breakout on trend line and now trading in the down trend we are expecting more drop in GBPUSD till design these levels as we can see out last week perdition which we had attached chart in comments for sell on the base of resistance had done a great job and hit all targets its just trade idea share ur thoughts...
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 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...
Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
GBP/USD remains under selling pressure above the mid-1.2700s, UK Retail Sales data eyed Given the fundamental outlook, the GBP/USD extended its losses and formed a large ‘bearish engulfing’ candle pattern, increasing the odds for further downside. The Relative Strength Index (RSI) dives further into bearish territory, while the 200-day moving average at 1.2592 is...
-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...
Educational Analysis says GBPUSD may move in this range for some time according to my technical. Broker - FXCM This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because the market is in an uptrend on 4 hour zoom out time frame, the market tried to put fake Change of Character duping the traders for a...
GBPUSD broke and closed above the descending channel. The price is approaching support and 50% fibo levels. The market is creating a breakout pullback continuation pattern. We expect a trend continuation and potential testing of the recent resistance. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
-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...
GBPUSD broke and closed above a resistance line of a bullish flag pattern with a high momentum bullish candle. That is an important bullish signal. We can expect growth now at least to 1.28185 ❤️Please, support my work with like, thank you!❤️
For this pair we have a bullish trend and now we are at end of correction and I think price can moves up and we have long signal
GBPUSD had its second consecutive down day after Friday, but the downward pressure weakened because Friday's D1 bar had a narrower range than the previous down D1 bar. The price inched down from the lower boundary of the Inside bar pattern, and if the bottom of this pattern is successfully broken, it is likely that GBPUSD D1 will decline further. A small...
GBPUSD responded to the support zone around 1.2675, and formed a nice kangaroo tail candle that could be bought. However, currently this candlestick has not been matched, moreover, if we trade in the daily frame, we can only earn more than 2 Rounds of profit from this area. If you trade multiple time frames, you can go to the lower frame to find a signal to...
GBP/USD staged a rebound and rose above 1.2700 after touching its lowest level in two weeks below 1.2670 on Tuesday. Investors refrain from taking large positions ahead of the Fed and the BoE policy meetings, making it difficult for the pair to gather directional momentum. In case GBP/USD starts correcting higher, the Fibonacci 50% retracement level of the...
Hello traders, we want to check the GBPUSD chart. The price is moving in a descending channel. We expect that the specified resistance level will maintain the downward trend of the price and the price will fall to around 1.26800. Good luck.