SL: 1.26505 TP: 1.28380 In this trading strategy, I present a compelling opportunity for a long position on the GBPUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
The British pound is slightly higher on Monday. GBP/USD is up 0.20%, trading at 1.2549 in the European session at the time of writing. The UK labor market has held up well despite high interest rates but cracks have appeared and Tuesday’s job report is expected to be soft. Employment change is expected to slide by 215,000 in the three months to March, after...
DXY is bullish GBPUSD HTF is bearish Price is pretty rangebound and was able to take the previous day low. Since HTF is bearish and current price is above the LTF equilibrium, my bias is more on bearish side.
GBPUSD stabilizing above 1.2697 will support rising to touch 1.2752 then 1.2783 then 1.2822 stabilizing under 1.2697 will support falling to touch 1.2629 then 1.2586 Pivot Price: 1.2697 Resistance prices: 1.2752 & 1.2783 & 1.2822 Support prices: 1.2629 & 1.2586 & 1.2553 time frame: 4H
Welcome back! Let me know your thoughts in the comments! ** USDCHF 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...
Based on 04 hours TF, after break of previous high level, GBPSUD make new high of 1.28484$. From new highs level, we see a good profit booking from 1.28500 level nd make a new Resistance Line from Lower swing high. Now we see a good bounce from 1.260 level, which act a strong support. And now we see that GBPUSD Try to break It's resistance line, If it sustain...
GBPUSD the price reversed to the bullish trend due to the strong support zone we have at the 1.2720 so from there will support the rising to get 1.2800 and above it 1.2841 otherwise, stabilizing under 1.2690 will be bearish to reach 1.2655 and under it will drop to get 1.2600 that will support the falling to reach 1.2655 and under it will be 1.2600 pivot...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Are you looking for an opportunity to capitalize on a bullish move in the GBPUSD currency pair? Our GBPUSD Wait For Demand Zone Tapped For Bullish Move product can help you do just that. With this product, you can wait for the approach of a demand zone, then look for a bullish move. We always use confirmation in a small time frame for maximum accuracy....
UK politics commands the international spotlight from time to time and that time is now. Yet, while we fraternise over Fed policy and how high the Fed could take the fed funds rate into 2023, UK politics and the impact on the UK gilt (bond) market and the GBP is firmly front and centre – the connection between British politics and the capital markets will almost...
GBP/USD is trading quietly for a second straight day. In the North European session, GBP/USD is trading at 1.1035, down 0.18%. The pound has not posted a winning day since October 12th and has lost 400 points during that time. GBP/USD dropped below the symbolic 1.10 line earlier today, and a break below 1.10 will likely increase talk of the pound following the...
GBPUSD has approached to its June 2020 support with multiple bullish signs indicating limited downside. We have bullish divergence on key support. We have oversold RSI level on key support. Price Action supports bulls with hammer formation on key support. Let us know what do you think of this pair.
IN this update we review the recent price action in GBPUSD and identify the next high probability trading opportunity and price objectives to target.
And so, the price is in a downtrend channel. The resistance area is now 1769.045 - 1794.835. Gold recovery is highly unlikely. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
GBPUSD currently showing a rejection from weekly resistance. If it rejects from this zone, it will be big drop as there is already a weekly hanging man is formed.
The British pound has punched above the 1.38 level in the Thursday session. GBP/USD is currently trading at 1.3858, up 0.63% on the day. After posting three straight days of losses, the British pound has rebounded strongly on Thursday. The US dollar is in retreat against the majors, despite a positive unemployment claims release earlier in the day. Claims fell to...
GBPUSD is preparing for continuing its long-term uptrend. This pair looks like creating a inverted head & shoulder pattern on the daily.
Hello Traders, GBPUSD is approaching a very significant level of support on the monthly weekly and daily timeframe. it is highly likely that if today's candle touches this level, it will have a big bounce and may provide a very good trading opportunity.