Finally GBPUSD Ready To Short!GBPUSD create Strong bearish divergence with a rising wedge pattern . And surely there was an unmitigated order block, now it has also been mitigated!
Remember, there is no place for luck in trading - only strategy!
Risk Disclaimer
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organised and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, and risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Press like👍 if you enjoy + comment with your opinion about the market or your thoughts, below this analysis.
Best Regards!
Mahfuz Azim
Gbpusdtrade
GBPUSD - Short active ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we can see that price changed the character and started to form lower lows and lower highs so I am looking for shorts. I expect bearish price action from here as price rejected from bearish order block + institutional big figure 1.23000.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
Like, comment and subscribe to be in touch with my content!
GBPUSD LONGYou guys can go for shorts, using big lot sizes to catch small pips until it reaches its destination. Wait for change of momentum in smaller time frame at the spot mentioned in the picture and go for long entries for good profits. As GBP has break its recent high, it following an upward trend. Keep this thing in mind, and always use Stop losses when you trade against the trend.
Happy Trading.
GBPUSD top-down analysisHello 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.
Long GBPUSD, target 1.240
GBPUSD is currently testing support around 1.231, once the support is confirmed to be valid, it will rise to around 1.240.
So today we will focus on the support around 1.231. When the support is confirmed to be valid, we can go long, and the target is around 1.240-1.244.
I released the trading strategies of EURUSD and GBPUSD today, and I will continue to publish gold, BTC, etc. later. If you are trading them, you can follow me, if you have any questions, you can tell me, and I will help you answer them.
GBPUSD BuyThe GBP/USD is rallying sharply after the US Federal Reserve raised rates by 25 bps. Federal Reserve officials updated its dot-plot, with 10 out of 18 policymakers expecting another 25 bps rate hike by the end of the year. At the time of typing, the GBP/USD is trading volatile within the 1.2240-1.2300 range as traders brace for Fed’s Powell press conference.
In its statement, the Fed acknowledged that the recent developments in the financial markets could tighten monetary conditions for households and businesses. However, the US central bank emphasized that the US banking system is solid and resilient.
GBPUSD h1 main trend is still bullish. Currently the price is accumulating short waiting to break up. With this currency pair traders can buy to the current price of 1.2277, SL: 1.2200, TP: 1.2370
GBPUSD BUY LONGCaptain America Forex Indicator is a trend-following tool and works on crossover signaling methods. This indicator is able to detect the reversal points of the market trend and can spot the best possible areas to enter the market within the trend directions. The indicator suits with all sorts of timeframe charts available within the MT4 forex trading platform.
GBPUSD top-down analysisHello 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.