Hi Traders! Our GBPUSD descending triangle setup from this morning (PLEASE SEE LINK TO ORIGINAL IDEA BELOW) has hit the first target at 1.27814. After breaking the support level at 1.28038, there was bearish momentum at the break to continue comfortably to our first price target, and we just missed the second target by three pips. Now we will wait and see if...
This analysis is a reinforcement of the previous analysis, I used a larger time frame to find another point of view, and my perspective still says that the bullish trend is still happening with more or less the same target as the previous analysis.
if you look at the shape of the swing structure that occurs, at first glance it looks like a cup & handle pattern will occur. we only assume based on market habits, usually if a curve like this has been formed, another shape will occur. At least we can anticipate, if you want to go long, it's better to wait until the price retraces in the H4/D1 Support area....
D1 GBPUSD analysis shows price chasing the 0.786 fibo extension area. the area is also a price target exposed to imbalance.
Hi Traders! PLEASE SEE LINK TO ORIGINAL IDEA BELOW. With the Federal Reserve pausing to increase interest rates for now but hinting at two more increases in the near future, the markets signalled this as US dollar strength. Our GBPUSD triangle broke to the upside today before the interest rate announcement and almost broke the 1.27000 level, as we noted in our...
Hi Traders! Our GBPUSD setup yesterday morning reached our forecast Support 1 level of 1.25850 and had a small push up. We will now wait and see if there is another resistance test or another test to the downside to see if there is any demand at the second Support level. Please don't forget to like, follow and comment. We would love to hear any thoughts you...
British consumers remain affected by an elevated inflation rate, which stayed in double digits in March. Comments from a couple of Fed policymakers pointed to the US central bank raising interest rates by 25 basis points in early May, judging that inflation is still at problematic levels and monetary policy needs to be tightened. The market's immediate reaction to...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
FX:GBPUSD breaks the trendline now it's looking to retest the previous minor support. you can take both long-term and short-term trade with my analysis. important. please always use proper risk management
Hi traders, You can see the movement of the GBPUSD price in the continuation of last week's analysis (in the attachment of this chart). ------------------------------ ✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my...
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision. ------------------------------ ✅ Please write any advice or...
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision. ------------------------------ ✅ Please write any advice...
Hi traders, I changed my target, from 1.0975 to 1.0850! good luck all ✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment...
🌸 Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on trading-view, And only a few of these analyzes are my actual trades. I hope Traders consider I am not responsible for your trades and investment decision. ------------------------------ 🌸 Please write any advice or suggestions. Dear...
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on trading-view, And only a few of these analyzes are my actual trades. I hope Traders consider I am not responsible for your trades and investment decision. ------------------------------ Please write any advice or suggestions. Dear friends,...
Just a quick update on the GBPUSD LONG trade that I posted the other week after we hit the 1.142 low from 2020 as explained in that post a strong reaction at this area was expexted with a first easy target above 1.17 we are more or less at this level now price may continue to rise though will pay attention to the CPI in the US. I did explain in the last post we...
After breaking the first resistance zone and crossing it, the uptrend moves with the aim of reaching the second resistance zone up to the range of 1.1755. I recommend that you don't make sales trades during this period and do Not trade against the trend. GBPUSD / British pound vs US dollar -------------------------------------------------------------- Please...