On the H4 chart the trend started on Aug. 28 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 1.2885 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
GBP-USD broke the key Horizontal level of 1.31843 And the breakout is confirmed So we are locally bearish Biased and as the pair is Going up to retest the New resistance from where We will be expecting a Local move down!
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.
GBP-USD made a strong Move up and the pair has Almost reached a horizontal Resistance of 1.31356 so As the pair is overbought We will be expecting A local bearish correction !
GBPUSD is trading in an Uptrend and the pair Broke the falling resistance Which is now a support Then made a retest and Now we are already seeing A bullish rebound so we Will be expecting a Further move up !
GBP-USD broke the rising Support and the breakout Is confirmed so we are bearish Biased and we will be expecting A further move down !
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure RSI - Divergence Bearish Channel as an Corrective Pattern in short time Frame Double Bottom
OANDA:GBPUSD First expect price to rise towards the previous high, once price reach to that level we can expect it reverse as DXY will likely to bounce back from it's current bearish trend. The full trade can be divided into three phrases first 300 pips and as it follows by setting two another take profit. In total we will aim 1000 pips in long term view. good luck.
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Break of Structure RSI - Divergence Impulse Correction Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Demand Zone
GBPUSD analysis 4 hour and daily time frame The pound can start to grow after hitting the 4-hour area and move up to the 4-hour supply area
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure Symmetrical Triangle as an Corrective Pattern in Long Time Frame RSI - Divergence Completed " 12345 " Impulsive Waves
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Fibonacci Level - 78.60%
Dear All, this my idea for Long. GBPUSD collect sellside liquidity. once buy signal confirm then only i go long side. this is my ideas only. what you are flow your trading statistics you can continue. you need more my ideas. follow me.
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line RSI - Divergence Break of Structure Fibonacci Level - 61.80%
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Consolidation Phase in Short Time Frame Completed " 123 " Impulsive Waves
Reason Behind Bullish 1. Three black Crows formed in 4h Timeframe 2. Obey Strong Support and trendline @ 1.26050 Overall Possible Outcomes ➡️FX SIGNAL GBPUSD BUY 1.26150 SL 1.25750 TP 1.27014