As TP2 has reached mentioned earlier now we can wait before another move to see if the price will form a pattern or another Shape to give a signal for another entering of buy.
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 !
Here on gbpusd price has made a rebound around psychological levels of of 26500 and helding moving up . SO going for LONG is expected and targeting profits should be around 27000 levels.
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...
Price has been in uptrend and make some drop down . Look at elliote wave we can see that is also predicting BUY and that means our profit target should be around psychological levels of 27000 - 28000
Here the market has made a rebound around psychological levels of 26000 so now double bottom has formed and ready to move up again so targeting profits should be level of 26500 for TP1 , 27000 for TP2, 27500 for TP3 and 28000 for TP4
Hello Traders! This is my forecast related to GBPUSD H1. I see a bullish market at the moment, that's why I expect that PWH will be taken. Until now, we can see only HH and HL, meaning that we are in a bullish market. It's a good opportunity to look for long entries, as the bias according to this scenario is bullish. Traders, if you liked my idea or if you...
Not surprising to see the upside this morning, and caught a decent amount of positions. 1.15 for extremely long target, not thinking about speculation at this moment.
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...
This week, GU presents an intriguing setup as it appears to have made a decisive move. With the pair breaking structure to the downside and the dollar strengthening, it has reinforced a bearish trend in my view, prompting me to consider shorting opportunities. My focus is currently on the 4-hour supply zone, anticipating a Wyckoff distribution to unfold. At...
Here on GBPUSD price move to our previous TP 2 and now bounce back psychological level . now we are expecting to go LONG again and take our profits at targeted levels of TP1, TP2, TP3 and TP4 of the psychological levels marked .
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...
looking bearish trend in 30m timeframe beacuse follow elliott impluse wave 12345 follow
GBPUSD demonstrates increasing bearish pressure across monthly, weekly and daily timeframes. The breakdown of market structure on each timeframe supports a bearish bias, which we explore in the accompanying video. While a recent retracement hints at a potential short entry, upcoming high-impact data releases for both GBP and USD warrant caution. Strategic...
We expect further downside on this pair, signalled by the stoploss hunt at the high of the current month. We can also see a formation of a double top pattern which further supports our directional basis.
GBP-USD broke out of The bearish Pennant partter after Retesting a resitance level At 1.2604 so we are now Bearish biased and we Will be expecting a Further move down !