The Pound-Dollar pair remains on the defensive near 1.23500, its lowest since mid-November, in Tuesday's early Asian session. The US Dollar Index (DXY) is consolidating above 106.10 as traders await the preliminary S&P Global purchasing managers' index (PMI) data from the US and UK for April. Federal Reserve (Fed) policymakers agreed that US inflation is slowly...
- For sure one of the most easy forex trade setup that i saw in my entire life. - Buy = 1.05 - Sell = 1.24 - Under 1.05, just go to a church and pray. - Feel free to check my older DXY analysis to get some clue : Happy Tr4Ding !
Waiting for rejection off the liquidity zone. Then I will look to sell from that zone. Selling only after the break below the HMA and the retest of the liquidity zone **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management*
This is also gonna be one of the interesting charts to watch in the coming months or yrs, as the pound is gaining strength against the dollar. So, Based on the chart, you can see that we completed a correction cycle in 01 Sept 22 which had started 01 Oct 07, from there a bullish cycle is expected to start which will lead us to the ATHs. Even Fundamentally, it's...
A Confirmed entry. You can manage your trade via SL Trailing. scalpers can have good returns. As the price will reject first and then will continue upwards. Price is currently approaching a good demand zone. Happy Trading.
As pound has taken a good impact of the news, hence, came to a demand zone, simple go long from here for some green pips as the price is currently following an upward trend. Happy Trading
POUND has reversed from its higher time-frame supply zone, wait for the market to approach the POI to initiate short trades. Happy Trading
POUND is gathering liquidity, wait for the price to hit the supply zone for a good short position, confirm your entry in Lower timeframe, i.e 5 minutes. As price is currently following a bearish trend this is what i though the market will do. Happy Trading.
Pound has given a clear Break of Structure. You can take long trades from here Happy Trading
I am currently long on this pair. I got in earlier today during late Asian session at 1.2468 so I am already up +1R but due to TradingViews “House Rules”, I must put a later entry than this real-time post so a solid second entry would be once price breaks above todays current daily highs around 1.2489. I am going for at least +3R but am willing to take this as...
GBPUSD bullish trend activated. Found a support region. Expecting price to trade from that zone to the area marked as tp. Not everyday will be a trade day. If you don't see your setup, don't trade. This isn't a trade signal. I'm not registered to give financial advice. DYOR
OANDA:GBPUSD Dxy is dropping for a retracement, while foreign currencies are going higher for a retracement as well. 15/5m; Price dropped into a discount level, followed by bullish shift in market structure. RR: 5.8
Too much Reversal confirmations over here ... It could obviously be wrong but this is a good setup. You can start off small and once the next higher high forms on the 1hour timeframe you can start adding positions at the pullback demand.
Liquidity was found during previous day Early hours of London Session. Direction: Wait for confirmation in Smaller Time Frames to go long Credit: Usmansada
FX:GBPUSD OANDA:GBPUSD Hello Traders, please check out my previous ideas. If the Pound stabilizes above the weekly Bollinger midline, the bearish scenario won't be fellfield. In the bearish scenario, the price can fall to the yellow zone. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you...
Pound was making lower highs and lower lows. Previously GBP rejected from the Resistance x3 times and continue pushing down. Scenarios: 1- Retest the recent Resistance and continue pushing down towards the zone. Also break the zone the form the next lower low to respect the trend. 2- Buying above the top Resistance or Reversal in Trend. Note: Trade...
Long trade setup on the pound-dollar pair; as shown by the bullish harami candlestick pattern which signals a fakeout of the nearest horizontal support level. Enough momentum should see price rallying towards the next horizontal resistance level. Apply appropriate risk management if you must trade.
gbpusd on my topdown analysis structurly is ready as igiven area in the chart on every zone go for it with proper confirmation