GBPUSD Is Moving Down as Expected +100 pips so far After the UK reported soft CPI data last week, we saw the GBP take a pause and on Friday the GBPUSD began another bearish wave. However, this new wave was related to the attack against Iran by Israel. We may see a shift of liquidity across safe haven currencies as long as the situation on the Middle East is not...
The trend is your friend! I agree but the trend is also meant to be bought at the low and meant to be sold at the high. We have used the Fibonacci to determine that buying is a high-probability trading decision this morning. We have seen a pullback into the buy zone on the 15 Mins chart. The area of Targets are: 1.] 1.2392 2.] 1.2468 Stop at the LOD: 1.2330
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...
Technical analysis on the GBPUSD walking you through the process I use to make consistent predictions in the market. In this case the predicted level opens up potential trading opportunities for both bearish continuation traders looking to get short and/or bullish counter trend traders looking to get long. If you have any questions, comments or want to share you...
Amidst the uncertainty characterized by global events, last week witnessed the GBP/USD pair caught in the crosscurrents of rising geopolitical tensions and pivotal central bank pronouncements. Bank of England's Deputy Governor, Dave Ramsden, took centre stage with remarks on inflation risks, yet failed to provide the anticipated support for Sterling as it plunged...
Today's focus: GBPUSD Pattern – Impulse in a downtrend. Support – 1.2330 Resistance – 1.2456 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at GBPUSD on the daily chart. Today, we have broken down the current PA we are seeing and thinking about on the GBPUSD. We have touched on news to come and discussed the USD index. Can...
In this video, I'll provide a comprehensive analysis of the DXY and GBPUSD, offering insights into what to anticipate in tomorrow's trading session. We've reached a crucial juncture on both the DXY and GBPUSD charts, so what lies ahead? Stay tuned for valuable insights, and feel free to leave any questions in the comment section below. Kind Regards, The_Architect
A quick Follow-up on the GBP/USD Long Trade. We have reversed the position at 1.2448 a test of the structure 2. Technically, the trend is still down and a failure to trade above the structure 2 makes the GBP/USD still bearish. The last Bullish wave 4 to 5 has given us a short setup using the Fibonacci. This is a high-probability setup for a strong reversal (short)...
GBPUSD break through the support. Price continue its downward trend.
For any forex trader, GBP/USD is like a golden key. By following Dr. Rezvani's page, you will not only fully understand this importance, but you will also benefit from his valuable analysis and guidance for success in the forex market. Together with him, you will take a step closer to success. 🌍💰
Price has reach a new level where it's possible that level will turn support and more buyers may enter the market. BOS on the weekly time frame happened and we are looking for a retest.
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...
Today we are using the trend scanner to determine which pair we want to trade. the scanner was run on the 15 Mins(Major TF) and the M1(Minor TF). The idea is to trade in the direction of the major TF when the M1 is showing an opposite direction OR the price has been discounted. We will only trade in the direction of the trend if the trend has not been...
In this video, I'll provide a comprehensive analysis of the DXY and GBPUSD , offering insights into the weekly bias , critical areas to monitor, and a long-term perspective. Stay tuned for ongoing updates throughout the week. Kind Regards, The_Architect
Overall structure is bearish on Monthly, Weekly, Daily and H4 but price is reaching a support level and we are looking for buy opportunity when it reach support level. We will buy the counter trend until it reaches the last support that was broken on the daily timeframe.
As we come to close out the week Im feeling like the bearish pressure for the week is over. We could possibly get a pull back from this zone before they continue with bearishness next week.
In this live trading session video,we look at the three trades that we recently took on the 50k traders challenge account. 2 of them,AUDUSD and GBPUSD got stopped out and we explore why we took them at lower risk. We also look at the 3 key points we need to be aware of when we are going through a drawdown. The concepts and ideas in this video can be cross...
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...