Hello traders, We don't long before breaks of trendline and we don't short over 1.1050 Wait for setups after the break! In this post, updates would be included. Levels calculated order_block, regarding support and resistances, channel and pivot points.
Liquidity was found during previous day Early hours of London Session. Direction: Wait for confirmation in Smaller Time Frames to go long Credit: Usmansada
FX:GBPUSD OANDA:GBPUSD Hello Traders, please check out my previous ideas. If the Pound stabilizes above the weekly Bollinger midline, the bearish scenario won't be fellfield. In the bearish scenario, the price can fall to the yellow zone. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you...
Reexamination & Unsuccessful Attempt at the Daily Resistance Point 1.2620. Monitoring the price thresholds on both the daily and 15-minute charts of GBPUSD. The price has surged back towards the significant daily resistance mark at 1.2620. 1.2620-31 signifies the daily resistance threshold coupled with the 79% Fibonacci retracement level. We are keeping a...
FX:GBPUSD FOREXCOM:GBPUSD Hello Traders, please check out my previous ideas. This is my first analysis on GBPUSD daily. If the Pound stabilizes above the yellow zone (crossing the weekly Bollinger midline), the price can climb up to the 1.30 level. In the opposite scenario, if the price does not follow the conditions of the previous scenario, the price can...
wait untill the order fills after that wait again untill hits TP. Simple is that.
Currently there are almost more buyers in the market GBPUSD is bullish! We believe we are in demand zone and we expect a move! There could be a short-term long position opportunity. These are best levels regarding Support and resistance, Channels, Weekly pivots, Buyers and Sellers focus and order_block.
GBPUSD pair has been on an upward trend since the end of 2022, as indicated by the rising trendline. This trendline acts as a support line, where prices have bounced higher. Since March, a rising wedge pattern has formed, represented by the blue area on the chart. A rising wedge pattern typically signals a potential reversal in the trend. In this case, there was a...
High time frame bearish trend line beside clear HTF key level, could drive GBPUSD lower, forward 1.19.
As I already mentioned, I expect a bullish movement on Dollar Index next week. That will inevitably affect all Dollar - related instruments. GBPUSD is one of the most overbought pairs. Next week it will drop - sell. Please, support this signal with like!
I'm waiting for a bearish pound. How ever in case of breaking 1.29330 over I'll expect a bullish move. I also will not enter a short trade before breaking the yellow trend-line in LTF.
Place buy stop above trendline on UK100 or wait for trnsline to break to get entry. Manage your risk accoring to account size.
"Alternative Bullish Scenario" could be activated if there will be a reaction to the 0.85430. Bearish limit orders could be put lower than the zone
Currency Markets on UK Recession Watch - There has been high volatility in the Pound to Euro (GBP/EUR) exchange rate during the past week. GBP/EUR posted a fresh 9-month best conversion at 1.1735 early in the week before a slide to below 1.1600 after the Bank of England (BoE) policy decision. Weaker than-expected Euro-Zone data helped strengthen GBP/EUR to...
Currency Markets on UK Recession Watch - There has been high volatility in the Pound to Euro (GBP/EUR) exchange rate during the past week. GBP/EUR posted a fresh 9-month best conversion at 1.1735 early in the week before a slide to below 1.1600 after the Bank of England (BoE) policy decision. Weaker than-expected Euro-Zone data helped strengthen GBP/EUR to...
Here is my latest structure analysis for GBPUSD. Horizontal Key Levels Resistance 1: 1.2820 - 1.2850 area Support 1: 1.2630 - 1.2680 area Support 2: 1.2485 - 1.2515 area Vertical Key Levels Vertical Support 1: Rising trend line Consider these structures for pullback / breakout trading. ❤️Please, support my work with like, thank you!❤️
BNP Paribas 2023-2024 Exchange Rate Forecasts Euro Can Secure Capital Inflows The bank maintains a broadly constructive stance towards the Euro. It expects that the ECB rate hikes and quantitative tightening will encourage foreign inflows and domestic repatriation. Although BNP expects that energy prices will strengthen, it does not expect a return to 2021...
Dear Traders, I'd like to bring your attention to the current market conditions of GBPUSD. It is currently experiencing a downtrend but is undergoing a correction phase. The price is approaching a significant resistance zone at 1.26100, which coincides with the major trend. This area is worth monitoring closely. In addition, it's crucial to take into account the...