H4 time frame. Structure: The bullish structure has been broken. The price was strong down after a successful retest at 1.38000. After the price breaks the support of 1.37300, it is possible that the price will appear a retracement to the 1.38000 and continue to down. Wait for the price to retrace to this level and a sell setup appears, then you can trade with...
GBPUSD. Watch for a pull back to the exponential moving averages for a short opportunity.
It’s time to hunt 70 pips.. It’s going to pullback to bullish block and then it will grow 70 pips..
Well, as we can see, the price has broken the downtrend, but it still does not have enough strength to grow, and the range of 1.388 to 1.39 is still an important resistance for the price, so breaking this resistance is very important to continue the trend. FX:GBPUSD ⚠️ This Analysis will be updated ... 👤 Arman Shaban 📅 12.Sep.2021 ⚠️(DYOR)
H4 time frame. Structure: Uptrend, the price bounced up strongly after retracing to the support level of 1.37300. This is also the 50% Fibonacci confluence of the previous uptrend. Currently waiting for a retest and buy signal to continue with the possibility of a pullback to 1.38100. The profit target is the resistance zone at...
H4 time frame. Structure: The uptrend in the ascending channel was broken after the price moved to the 1.38900 resistance zone. With a strong bearish move and no confirmation of the downtrend yet, it is advisable to wait for the price to clearly show a retracement confirming the trend. The possibility that the price will retrace to the 1.38200 price zone may look...
Given that the price has reached the level of daily static support in the 4-hour timeframe, we expect the price to end its correction and continue to grow to the specified level. FX:GBPUSD ⚠️ This Analysis will be updated ... 👤 Arman Shaban 📅 07.Sep.2021 ⚠️(DYOR)
Result : +130 Pips ✅✅✅ Last Analysis in 29.Aug.2021 : As we can see, the pound / dollar pair has reached an X-Point resistance area and has reacted to that range. Given the weakening dollar over the past week, we expect the price to break this resistance in the new week. And continue to grow. FX:GBPUSD ⚠️ This Analysis will be update for the next week . 👤...
Last Analysis : As we can see, the pound / dollar pair has reached an X-Point resistance area and has reacted to that range. Given the weakening dollar over the past week, we expect the price to break this resistance in the new week. And continue to grow. Now : The Price is Broke the First Resistance ... we're on the move ...
Technical Overview: - GBP/USD Check out our previous posted analysis Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil...
These are levels that I'll be keeping an eye on when dealing with Cable, and I'll revise as price action progresses. I adapt to the change in money flow.. I'm usually neutral, but I'm bearish on this one.
GBPUSD is trending to the downside prior to the USD 3 Month Bill Auction data, which reveals the yield for the US Treasury backed security. Technically the pair is trending below the 50 moving average, and the 50 & 200 MA's are in a bearish cross. We anticipate continued downside into the 1.3560 level.
Technical Overview: - GBP/USD Check out our previous posted analysis Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the...
We have just hit demand zone and we are also retesting a channel so a buy is probable
I found an idea that sterling would meet it's supply area @1.40700 since the market retest the flip-over S/R, breaking the bearish trendline, formed a bullish pennant pattern, and made a multiple bullish divergence on oscillator in confluenced as a bullish continuation signal.
We gonna HIT 1.42000 by the next weeks. Buying GBPUSD now. Entry: 1.39050 SL: 1.38450 TP1: 1.4000 TP2: 1.41000 TP3: 1.42000 Please like and comment what you think! :) And have a nice weekend!
*Disclaimer* This is not financial advice. Forex Trading is risky. Trade at your own risk. #Trade_Like_A_Magnate