GBPUSD I Pre-NFP Trading Plan Welcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
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Gbpusdanalysis
GBP/USD to 2 dollars per poundThis is also gonna be one of the interesting charts to watch in the coming months or yrs, as the pound is gaining strength against the dollar.
So, Based on the chart, you can see that we completed a correction cycle in 01 Sept 22 which had started 01 Oct 07, from there a bullish cycle is expected to start which will lead us to the ATHs.
Even Fundamentally, it's not looking good the the America, Biden and his administration are basically messing things up, they are losing confidence, and also not just that, even the war against the dollar might, or in fact is gonna be one of the reasons why we gonna see the expected cycle in play.
In terms of my wave count, please have a look on the chart as everything is marked for you and me to see and understand why and how we got to this sentiment.
NFA as always.
Remember me when this happens as planned. and also don't forget to tell your mates, family about me.
Anticipating a shiftThe 4h RB has been successfully mitigated and price is now currently reacting on the internal SZ along with the OB. Looking for price to clear the swing low at 1.26900 to provide us with a shift that will present bearish opportunities to possibly capitalise on, also wary of the liquidity pool above 1.27600 that could lead to a possible sweep before dropping...
GBPUSD ANALYSIS 4HRS SELL UPDATEHere the price has reached as predicted now trying to make a pull back at psychological level of 1.27500 and now trying to move down. According to elliote wave indicstor stating that price will go down. So it expectet to go for SHORT and targeting profit should be around 1.27000 and 1.26500
GBP/USD - Sell Zone !Hey there!
I'm selling on GBP/USD:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We have an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We are with the trend.
The GBP is likely to start depreciating due to the UK entering a recession!
And the USD, on the other hand, is the complete opposite; it's extremely strong/performance currently thanks to rather positive economic results!
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GBPUSD I Trading plan ahead of NFP (Non Farm Employment) Welcome back! Let me know your thoughts in the comments!
** GBPUSD 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 straight to your email in the future.
Thanks for your continued support!
GBPUSUD ANALYSIS BUY UPDATE Now the price has made a small move for the double top and could not go further showing that buyers are still in control so is important to take start new buy as the price will continue it up trend movement and set targeting profits at psyschological level of 1.27000 and 1.27500
GBP/USD - Interesting sell zone! (Swing)Hello everyone!
- Here's my view on GBP/USD:
- We have liquidity. (Recovery and Accumulation!)
- We have an interesting zone.
- We have the optimal Fibonacci.
- We have accumulation before/on the zone.
- We are with the trend.
Fundamentally, we have a very strong USD.
Particularly thanks to the very positive NFP for the US, among other factors!
10Y T-Notes have risen by 3%, so far everything is going well for the USD, so it's advisable to favor sales on pairs with XXX/USD.
But we also have the UK entering a recession, so we have a pound that's very affected but still seems to be fighting not to depreciate too much following this recession, supported by several financiers in the UK; investors are mixed.
That's why I see GBP/USD rebounding in the zone and dropping!
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GBPUSD ANALYSSIS DOUBLE TOP SELLLooking at the chart we can see that it moved as we predicted now it have formed double top meaning that there is a posiblity of going down . So is important to take your profit and wait or enter new sell and target the profit around psychological level of 1.26500 , 1.26000
GBPUSD SELL | Day Trading Analysis7 hours ago
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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💡 GBPUSD: Forecast March 6Yesterday's increase was the third consecutive increase for GBPUSD, however there were signs of weakness because yesterday's D1 bar had a long upper shadow, swept to the nearest peak and then pulled back down, creating a false break. Because there has not been a previous break from the inside bar, GBPUSD D1 is still in a state of accumulation and price compression.
Creating a new high price peak and maintaining a gradually higher price high and low structure helps GBPUSD H1 establish a continuing upward price trend. However, due to the weakness in D1, H1 should only be bought from the strong support zone below. You can wait to sell if this bottom is breached.
GBPUSD ANALYSIS 15MINS TIMEFRAME LONGHere the price have rebound around psychological level of 1.27000 showing that there is more ability to rise and the price still in uptrend . At this point going for LONG is needed and entry point should be around psychological level of 1.27000 and targeting profit should be at another psychological level of 1.27500 of TP1 and 1.28000 of TP2
GBPUSD - 1.27 broke, new heights?The pair has been in a range for a while now. Analysts have been waiting to see how price would react around 1.27 for quite some while now. Fundamentally, the GBP is getting stronger than the USD.
A recent breakout has occurred, on screen analysis details my thinking.
UP THE POUND!!!
GBPUSDGBP/USD appears poised for a bearish move on the 4-hour timeframe, as it adheres to a descending channel pattern. Currently approaching the resistance trendline of the channel and a 78% retracement level, traders should await confirmation of bearish momentum before considering short positions. Observing for price rejection or bearish candlestick patterns near these key levels can offer valuable signals for potential downside continuation.
GBP/USD - Sell Zone !Hey there!
I'm selling on GBP/USD:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We have an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We are with the trend.
The GBP is likely to start depreciating due to the UK entering a recession!
And the USD, on the other hand, is the complete opposite; it's extremely strong/performance currently thanks to rather positive economic results!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
GBP/USD - Interesting sell zone! (Swing)Hello everyone!
- Here's my view on GBP/USD:
- We have liquidity. (Recovery and Accumulation!)
- We have an interesting zone.
- We have the optimal Fibonacci.
- We have accumulation before/on the zone.
- We are with the trend.
Fundamentally, we have a very strong USD.
Particularly thanks to the very positive NFP for the US, among other factors!
10Y T-Notes have risen by 3%, so far everything is going well for the USD, so it's advisable to favor sales on pairs with XXX/USD.
But we also have the UK entering a recession, so we have a pound that's very affected but still seems to be fighting not to depreciate too much following this recession, supported by several financiers in the UK; investors are mixed.
That's why I see GBP/USD rebounding in the zone and dropping!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
GBPUSD BUY ANALYSIS 1HR TIMEFRAMEAs the price is forming consolidation below the psychological level of 27000 that means a new upward move momentum is ranging. So it advicesble to wait and what a pattern that form before entry and set stoploss should be below the support of the ranging price and targeted profits should be on another psychological level of 27500 and 28000