Hi fellow traders, GBPUSD will be ready to make a move higher from the blue box after it completes the ABC correction. Target the 1.3309 level. Good luck and trade safe!
The price has been consolidating for a while and has now broken out of the channel, continuing its bullish movement toward the next supply zone. However, there may be an opportunity to enter along the trend once it makes a correction before continuing its upward journey. Let’s wait patiently and only execute if we get a solid confirmation. Disclaimer: This is...
Hey traders i'm coming with a trade idea for you , gbpusd is in a very interesting zone on the weekly time frame im going for a short to filled some imbalance around 1.32500
**Monthly Chart** Last month closed as a bearish candle after making a new low, just to move back into a consolidation range that was formed at the beginning of this year. This month's candle (which is still active) opened within the range and started moving higher. We will see a clear direction after the close of the monthly candle by the end of this week....
The British Pound (GBP) has been on a rough ride lately, closing out its fifth consecutive week in the red. But a late-week rally brought some hope, pulling the GBP/USD back from its lowest point in five months. Now, all eyes are on the upcoming week, which is packed with key economic data and a crucial Fed decision. In this video, we'll analyze the GBP/USD...
The price has clearly broken the HTF trendline and is making a significant correction towards the highest supply zone, taking orders before continuing the bearish trend. Expect slower market movement as most orders have been closed for profit-taking, and no major impact news remains except on the CAD pair, which may slightly affect the USD. Regardless of the...
weekly and daily trend is bullish. 4h initial order block at 1.2690-70, 2nd buy zone from 1.2643-17, stop loss: 1.2600, target: 1.2835
Here are the indicators for a short trade on GBP/USD: Double Top Formation: A double top pattern has emerged on the 1-hour timeframe, signaling potential bearish reversal. Volume Spread Analysis (VSA): VSA suggests a high likelihood of price decline, provided the price remains below the double top resistance level. Target Projection: The target is clearly marked...
GBPUSD is closely related to XAUUSD and the DXY basket of six pairs, providing excellent confluence and confirmation opportunities for trading pairs against USD. Currently, GBPUSD has created a new high and is correcting to the nearest RBS Zone, a demand zone, indicating a potential continuation of the bullish momentum in the higher timeframe. The price doesn't...
H4 - Bullish trend pattern Currently it looks like a pullback is happening Until the two strong support zones hold my short term view remains bullish here.
this is like a video game, this yellow area looks beautiful for price to pay a visit, i like this setup no financial advice just ideas
GBPUSD increased yesterday, but has not made any changes in the chart structure. The overview shows that the price is still moving sideways in an overall downward trend. The latest price increase helps GBPUSD H1 establish a new high price peak, continuing the short-term price uptrend. Today you can catch retests to buy in line with the short-term uptrend. The...
H4 - Bearish trend pattern followed by a pullback No opposite signs Until the two strong resistance zones hold my short term view remains bearish here.
This pair is currently in a bearish trend, but I anticipate a potential reversal near a major demand zone around 1.23000. While we wait for price to reach this level, I'll be monitoring for a minor retracement back to the recently formed 4-hour supply zone. Once the retracement occurs, I'll be looking for selling opportunities in line with the prevailing trend...
This week, my bias for GBPUSD is to pursue buying opportunities to address significant imbalances above and to target the recent supply zone. Given the proximity of price to my 10-hour demand zone, I anticipate a temporary bullish move toward the supply area. With price currently exhibiting slower movement, I'll wait for an accumulation phase to develop before...
OANDA:GBPUSD GBP/USD is advancing toward 1.2700 in the European trading hours on Tuesday. The pair benefits from a fresh leg lower in the US Dollar even as traders stay cautious and refrain from placing fresh bets ahead of Wednesday's US CPI data.
If you're interested to trade Gbpusd look for buy opportunities. Set a buy limit at 1.24800
H4 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.