British Pound / U.S. Dollar

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British Pound / U.S. Dollar forum


GBPUSD Price action is weird as a broken radio! yet bearish from the last high!

GBPUSD

GBPUSD SHORT FORECAST Q2 W21 D22 Y25

ARE SHORTS STILL ON? YES.

BEST PRICE TO SHORT GBPUSD...BUT BE CAREFUL, AWAIT BREAKS OF STRUCTURE TO CONFIRM BEARISH INTENT

Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.

Let’s see what price action is telling us today!

💡Here are some trade confluences📝

✅Weekly order block rejection
✅Daily order block rejection
✅Intraday 15' order blocks
✅Tokyo ranges to be filled


🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.

📈The rest, we leave to the balance of probabilities.

💡Fail to plan. Plan to fail.
🏆It has always been that simple.

❤️Good luck with your trading journey, I shall see you at the very top.

🎯Trade consistent, FRGNT X
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GBPUSD do your think GBPUSD will close the week higher or lower ? share your suggestions in the comment , my twitter is on my bio you can follow me there as well and share your opinions


GBPUSD GBP/USD trades higher for the fourth successive day with trading around 1.3430 during the Asian hours on Thursday. The upside of the pair is attributed to the weaker US Dollar (USD), which continues to face challenges after Moody’s downgraded the US credit rating from Aaa to Aa1, following similar downgrades by Fitch Ratings in 2023 and Standard & Poor’s in 2011.

GBPUSD I should have retained the longs from the Initial POS knowing that the floor was right there (looking at the previous zone) below our short entry!

NVM, shit happens we took a -6.9 on that. LFT , MTF , HTF is all in a Range!

Now we are aligned with the mid term trend. Nothing special here, just a typical break out trade. Later!
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GBPUSD Trade reversed to shorts at -2.7 PIPS , SL can be at 10 PIPs, low ricked POS.
We stuck in a range unfortunately.
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