Hello Traders!
This is my idea related to GBPUSD M30. The price is currently in the supply area, and I expect it to go bearish from this zone. I will wait for a trade confirmation before executing this trade. When I see a small retracement from the OB, I expect another retracement before going bearish. I expect to take the BOSS at the price of 1.27450.
Traders,...
GBP/USD analysis from Société Générale and Scotiabank provides valuable insights for traders. While Société Générale highlights key support levels and the potential for an extended uptrend, Scotiabank emphasizes the GBP's rebound and resistance levels. By combining these perspectives and taking actionable steps, traders can make informed decisions and navigate the...
Fundamental Analysis
Last week GBP/USD broke above the trendline resistance after hitting a swing high of 1.3750, and now GBP/USD is hovering nearly 1.3640 price zone.
After breaking the above trendline resistance, it becomes strong trendline support. Right now, GBP/USD is hovering trendline support. The high swing GBP/USD has dropped more than 120 pips but...
