GBP (British Pound)
DXY + EURUSD Analysis (4th Nov 2024)Here is my analysis for the DXY and EURUSD for the edification of a learner.
As we know the US elections are coming up, so we are likely going to see some manipulation and volatility this month. It will be very interesting. I caution anyone to not take high leveraged swing trades during this time unless they are in a gambling mood.
- R2F
GU could be getting ready to Reverse!Now that we are in a new month AND its election week next week the market could get very volatile. Dollar has been moving bearish all week and most are still expecting it to move bullish. I'm thinking its more likely to turn bullish for a little while. Leaving the Election news to give it the bullish push it needs to start pushing back up. This could lead to some significant moves in the market. We just have to remain ready!
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GU is volatile...but we need more data for direction...I cant really call it at the moment. Price is indecisive as we come to the monthly transition. The last day of the month and anything can happen. Watching for a solid direction and sitting on hands for now until London open. Expecting some good price action for both sessions going into Thursday.
GU look like it setting up for a nice entry for London sessionI been looking for a solid sell entry to continue the bearish trend that GU has been in. The dollar failed to break out and is now retracing to grab more liquidity to push up. in turn giving us a nice entry for a sale. We have to be patient and allow price to find its resistance levels. Expecting a nice set up for London.
EUR | USD | GBP Weekly Forecast Oct. 28: SELL EU & GU!In this video, we will view the markets through ICT Concepts, focusing on the USD, the EURO, and the GBP.
The retracement in the USD Index is overdue and pending... but not yet! There is still room to the upside, which means EURUSD and GBPUSD will likely be BEARISH, as the USD is stronger than both at this time.
Look for the FVGs to hold price or fail, and let them guide you.
Enjoy!
May profits be upon you.
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Carefull...GU might just FLIP! Monitoring price action and its looking like the Bulls might want to turn this thing around. Sitting on hands for now, waiting for London session to have more data to judge if its worth it to take a position. The dollar is looking like its almost out of energy and needs to take a rest.
GBPCHF Technical Analysis & Trade Idea 👀👉 The GBPCHF has been exhibiting a strong bullish trend, and I'm keeping a close eye on a potential buying setup based on specific criteria discussed in the video. We'll break down the essential price action signals to monitor and how to strategically position yourself to take advantage of the next move. Disclaimer: This analysis is for informational purposes only and is not intended as financial advice. 📊✅
R2F Weekly Analysis - 6th October 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it!
- R2F