GBP/USD trades sideways above 1.2600 amid a widespread holiday restraining action across financial markets. Investors took a long weekend ahead of critical United States employment data next week. Fed Chair Powell coming up next.
Awaiting for price to drop down to the support structure and then push back up
FX:GBPUSD On 1H Timeframe, I can still look for one short because of trend but if this trade fails, I will look for longs according to my 4H idea
FX:GBPUSD On Daily Timeframe, We got the change of Character. The Price is showing strong Bullish News after today's news. So, If the price gives the choch on 4H, I will be interested in Longs till The 70-78.6% Fib Area where an OB with Liquidity is residing. This is my personal Opinion, Use your own analysis before trading.
The price has swept some liquidity above this year's equal highs while at the same time diverging with Euro both on HTF and MTF. The target for this move is EQL.
Pay attention to the selling zone. If the price touches the small buying zone, enter the operation. If not, let it run until the selling entry point. - Smart Money
Greetings everyone. I am going long GBPUSD at market SL :1.2532 TP: 1.2692 I am just sharing my trades. Not a recommendation to enter the market.
GBPUSD is currently in a bullish trend, printing higher highs and higher lows. Fibonacci retracement shows the most likely level the price will touch in its path while continuing the trend. The formation of three white soldiers is further proof of trend continuation.
GBP/USD SHORT " break of structure + 72% fib retracement + trend line " Bearish for GBP: Growing likelihood of a June rate cut by the Bank of England, supported by falling inflation expectations and increasing pressure from political and media circles, could weaken the Pound Sterling.
"Charting the Course: Navigating Volatility in Today's Markets" In this insightful publication, we embark on a journey through the tumultuous waters of modern financial markets, where volatility reigns supreme. Drawing on years of experience and cutting-edge analysis, we provide a roadmap for traders and investors alike to navigate the complexities of today's...
My stop loss was triggered on my last position, I still want to sell Sterling against Dollar . Daily trend is down. as long as we are below Daily trend line and 4H Supply I will look to sell. That's it.
traders GBPUSD price is ready to fly My dear subscribers My technical analysis is for GBPUSD up trend The price is coming around a solid key Level 1.25534 Target zone. 1.27680 Bis_ Bullish Technical indicators Pivot point low anticipates a potential price reversal Super trend shows a clear buy giving a Perfect indicators convergence perfect Indicators...
GBPUSD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
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
...one of the secrets of why the best are the best HOW TO DEAL WITH INTERNAL CONFLICTS THAT BLOCK SUCCESS AND TAKE MONEY AWAY FROM TRADERS? For professional traders, a key element in their success is their state of mind, the so-called "zona" first described by Mark Douglas in his book "Trading in the Zone." It took quite a while to understand two key things -...
Hello traders, we want to check the GBPUSD chart. The price has reached the specified support level after moving in a descending channel. We expect this level to stop the downward trend of the price and the price will grow to around 1.26100. Good luck.
Based on this markets current trend, I am looking for a sell. Its currently coming back to the OTE entry if you pull up your Fib. We can also see that the rectangle that I have drawn, the market reacts off this point therefor I have placed my entry at this point.