GU is trending bearish. Price is currently at key resistance level along with Trend Line. Price projection as per ABCD Pattern.
We currently broke above the descending trend and i think if we can see the current support hold we can look for long positio.
GBPUSD Analysis, GREAT setups to look at. Trade safe.
*Dollar strength expected therefore correlates with GBPUSD short. *Moving average ,Pivots points and trendline agree on confluence.
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 1.2499, which is a pullback support that aligns with the 23.6% Fibo retracement Our take profit will be at 1.2593, a pullback resistance. The stop loss will be placed at 1.2466, which is an overlap support level that aligns with the 28.2% Fibo retracement High Risk...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any. looking for short at liquidity area. wait for comfirmation. maybe during news tomorow. see you guys.
GBP/USD continues to gain momentum, currently trading around 1.2550. The pair's strength comes from financial market predictions that the BoE will reduce interest rates from its September meeting, in line with expectations of a similar move by the Fed. Previously, investors were still confused about the time to reduce interest rates, whether it would be June or...
GBPUSD LONG SETUP OANDA:GBPUSD entry model - ict cisd , ict oder block , ict rejection block
I am looking for sell trade from fvg zone our target will be next low
✅GBP_USD has retested a Horizontal resistance of 1.256 From where we will be Expecting a local pullback And a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Market Structure Bearish on Higher Time Frames Weekly and Daily at the same AOi Weekly Rejection from AOi Previous Weekly Structure Point Daily Rejection Candles Daily EMA Retest Around Psychological Level 1.26000 H4 Candle stick Rejection SOS 1:5.26% Entry Signal 95% REMEMBER: Trading is a Game Of Probability : Manage Your Risk ...
Price retesting trend line after breakout of bearish channel. We have seen bullish structure for 2 weeks on H1 and now with this final confirmation I will be going long
Hello everyone, Brian here. Today, after experiencing a downturn in the first half of Thursday, GBP/USD made a turnaround, posting a slight daily increase. The pair continued its recovery into early Friday, trading slightly above the 1.2550 mark in a positive zone. Wall Street indices opened in the green and climbed higher on Thursday. The U.S. Dollar (USD)...
Currently Gbpusd has rejected from above trend line now its short as we discussed 2 months ago now its moving to our taregt zone 300+ pips already done now you can again enter and wait for our target 1.21000
Hello Traders! Welcome to a new month. I suspect a higher dollar. Let's see how it impacts the xxx/USD pairs
Greetings Traders, As we anticipate the NFP news, there's potential for a bullish draw in the market. GBPUSD continues to exhibit bullish institutional order flow, suggesting a move towards the H4 Buy Stops and the Weekly Bearish order block, serving as liquidity draws. Currently, I'm eyeing a buy side draw off the m15 order block, where I'll be seeking a...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Please, check our technical outlook for GBPUSD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.254. The above observations make me that the market will inevitably achieve 1.244 level. P.S Please, note that an oversold/overbought condition can...