After recent break of daily highs along with strong demand signs , the pullback looks like it has lost it's downward moment near strong demand area.
SLO @ 1.2850 ⏳ SSO @ 1.2735 ⏳ TP2 @ 1.2630 (2nd paycheck) TP3 @ 1.2485 BLO1 @ 1.2450 ⏳ BLO2 @ 1.2365 ⏳ — PA appears to be reacting to a Major Resistance Level @ 1.2754. — If so, we have an amazing opportunity to jump back in on this short. 💲PROFIT POTENTIAL Share Price: +$0.025 Percentage: +1.96% Pips: +250 pips
Suggesting a Bullish entry on the price retesting the broken structure as it confluences the 50% level of FIB, Probably a 1:3 R:R trade
bear trend is now stopped. RSI Show the Bullish Divergence so we can trade within a 15-minute time frame. risk/reward is 1:1.
THE FAIR VALUE GAP has been filled after the market shift structure,,,the OB already at place awaiting upward thrush
#GBPUSD. market is just going to completed hi setup, if its done then i think drop expected just below 1.2730 keep in mind guys our next ultimate key level will be 1.2730 because above that area selling will be invalid otherwise not. and downside our expected area will be 1.2100 around. in case of alternate scenarios watch upside areas. trade wisely good luck
It is simple classic price action overview , just analysis and big picture . NOT clear and confirmed signal
GBPUSD is trading in a bullish trend and now it comes down for a higher low and also a fib retracement level.
1 hour setup using price action and bbma indicator
I had a great long level ready for you. Long level on price level 1.2661. However, the market reacted 2.5 pips earlier and therefore I will not trade this level in the future. Happy trading Dale
PAIR: GBPUSD TIMEFRAMEE: H4, H1 MARKET TYPE: Macro bearish, micro ranging ANALYSIS: Micro bullish reversal structure, Previous days low grabbed, buy side liquidity @ old highs and TL..... New target @ previous weeks high
GBPUSD Shows Bearish Reversal ABCD Pattern because D Point shows PRZ
GBPUSD The great British Pound was strong yesterday due to the GDP but today retested and touched their support line which is 1.2657 So now stabilizing above 1.2657 has a bullish trend to get 1.2720 and 1.2781 Otherwise, closing 1h candle under 1.2652 will support bearish to get 1.2600 and 1.2537 Pivot Price: 1.2657 resistance prices: 1.2722 & 1.2781 &...
In a year fraught with geopolitical tensions and policy shifts, the GBPUSD pair presents a conundrum that encapsulates the intricacies of modern forex trading. From Brexit negotiations that seem to never end to the hawkish stance of the U.S Federal Reserve, this currency pair is caught in a maelstrom of fundamental and technical forces. Allow me to unpack the...
Hello Traders, After a consolidation, GBPUSD created a new level. Today I took a short and my TP got hit. mostly I will be looking for short today but there is an event at 6 pm IST. check on forex factory so trade carefully. Also today I passed my MFF challenge phase 1. 😁 Not a financial Advice
Hello guys, this particular pair has been carefully analyzed and awaiting confirmation to go long .. for now we are waiting for confirmation to go LONG. I will only be interested in shorts if price makes a lower low with visible confirmation GOODLUCK!!
Hello everyone, we are seeing some weak price action in the 4Hour chart which could bring the price closer to the 1.26 level. 📌GBP/USD rebounded almost 185 pips after hitting the lows at the 1.2550 level on Friday. 📌Also if you switch to the daily chart, you can see a high probability of a reversal as GBP/USD is consolidating in the 100-day moving average...
Please, check our technical outlook for GBPUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.267. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...