As you can see my indicators are pointing price up for a short while then down. looks like the market is going to be ranging for a bit. let's see how this plays out.
Accidently didn't save my written analysis, but you catch the drift. There are three different trade opportunities all leading bullish.
GBP/USD Hourly Analysis & Trade Execution I’ve been closely tracking GBP/USD, and now price is sitting at 1.34208, testing the critical resistance zone at 1.34250. Bulls have maintained control, but I’m watching closely for institutional absorption or signs of exhaustion. Market Structure & Key Zones Major Resistance: 1.34250-1.34500 → If buyers hold, price could...
GBP/USD Hourly Analysis & Day Trading Perspective I’m looking at GBP/USD on the hourly timeframe, where price is now sitting at 1.339, confirming strong bullish momentum after breaking past key resistance. Here's how I'm approaching today's trading plan: Market Structure & Key Levels Resistance at 1.33850-1.34000 – Price is testing this level, and volume...
Looking at gold on the hourly timeframe, I see price currently hovering around 3346.000, testing a key support zone. Here’s my breakdown: Market Structure & Key Zones: Resistance at 3365-3370 has been a tough barrier—price tested this level but failed to hold, leading to rejection. If buyers regain control, a break above this zone could target...
I’m looking at GBP/USD on the hourly timeframe, where price is currently hovering around 1.33074, showing mild volatility but respecting key levels. Here’s what I see: Market Structure & Key Zones: Resistance at 1.33350-1.33490 has been holding firm, with multiple failed breakout attempts. If buyers can finally push through, we might see momentum extend toward...
Looking at the GBP/JPY 1-hour chart, I see price currently hovering around 190.164, showing mild bullish momentum but still respecting key resistance levels. Here’s my breakdown: Market Structure & Key Zones: Price has been bouncing between 190.00 and 190.40, suggesting a short-term consolidation phase. 190.30-190.40 is acting as a liquidity zone—if buyers can...
I’ve been watching GBP/USD closely as price continues to slide, now reaching 1.32848. The initial rejection near 1.33250 confirmed institutional sell pressure, and the breakdown below 1.32950 suggests further downside movement. At this stage, price is sitting just above the 1.32750–1.32800 support zone, which could act as a temporary demand level. If buyers step...
I have been closely monitoring GBP/JPY, currently trading around 188.775. The pair has been hovering near resistance, and multiple technical indicators suggest momentum is weakening. My focus is on institutional absorption near 188.75–189.00, where price has struggled to break higher. Examining price action, I see rejection wicks forming near resistance,...
GBP/USD Analysis – Institutional Liquidity, Price Action & Trade Setup Right now, I'm analyzing GBP/USD at 1.33287 in the context of institutional behavior, technical indicators, and upcoming economic events. My focus is on institutional liquidity absorption at resistance, monitoring key levels for an optimal entry. Technical Overview Resistance Zone:...
Just FYI i entered my last trade too early. Ill make sure all the signals align next time. I took my losses and kept it moving. GBP/USD Analysis – Institutional Liquidity & Price Action Setup Over the past few weeks, GBP/USD has been in a steady uptrend, posting higher highs and higher lows. However, 1.34234 remains a critical resistance level, and price is...
GBP/USD Trade Update: Holding My Sell at 1.32480 I entered a sell trade at 1.32480, expecting a reversal based on key technical and fundamental setups. But with GBP/USD now sitting at 1.33814, I have to reassess market conditions while still staying true to my trading approach. Fundamental Overview – Why I Still Favor Downside This week’s economic events could...
I’m currently holding a sell position on GBP/USD at 1.32480, and despite price climbing to 1.32942, I see several technical and fundamental factors that support my trade idea. Fundamental Perspective Looking ahead, this week presents major economic events that could drive volatility in GBP/USD. UK PMI (April 23): Manufacturing PMI is expected to drop to 44.1,...
I've been analyzing GBP/USD closely over the past few days, and here's where I stand. The daily historical data shows an overall uptrend from around 1.278 on April 9 to roughly 1.328 on April 18. Although the price has been climbing, I've noticed that momentum is starting to taper off, which makes me question whether this rally might be overextended. On the...
As I assess the GBP/USD market today, I see that the current price is 1.32466, and I’ve taken a sell position at 1.32480, which is moving well. Based on recent fundamentals, technical indicators, and historical weekly data, here’s my full market breakdown: Fundamentals & Economic Outlook Recent US economic data has provided mixed signals for the...
I closed my previous long trade at 1.32274 after assessing the historical price action, fundamental data, and technical indicators. Now, I’m shifting my focus to waiting for bearish signals before entering a short position. Key Market Analysis Fundamental Overview U.S. Jobless Claims data came in stronger than expected (215K vs. 225K forecast), reinforcing USD...
I entered long at 1.32274, and as of April 16, 2025, at 10:00 PM, GBP/USD is trading at 1.32150, meaning I’m currently down 12.4 pips. Trade Analysis GBP/USD broke below 1.3225, which was acting as a support level earlier. Bearish momentum has increased, but the next key support at 1.3205 might offer buyers a chance to defend the price. The pair failed to push...
I entered long at 1.32274, and as of now, GBP/USD is trading at 1.32280, meaning I’m slightly in profit. Based on price action, the pair is consolidating, but the overall trend bias still suggests a bullish continuation. Technical Outlook Support Levels: 1.3225 – This level is very close to my entry and is acting as immediate support. If price holds above this...