This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
The GBP/USD pair is exhibiting a bearish outlook on the 4-hour timeframe as it follows an ascending channel pattern. Currently, the price has reached the resistance trendline of this channel. We are awaiting a bearish price action signal to confirm a selling entry. This setup suggests a potential downward movement in the near term.
Q2, 2024 the US Dollar was weaker against ,GBP,EUR,NZD and AUD. Presently, across these pairs we are awaiting a final push to previous unmitigated or fresh supply zones. Thereafter, possibly during the release of ADP and NFP we could see a resumption of the previous bearish trend.
Most recently, we are "stuck" in this box-range with unclear, messy price action Given the fact I see bearish on HTF and bullish or messy on LTF, it's a contradiction so right now I don't have clear confluence for this market Overall on 15-60min. timeframes, we see recent bullish leg. Accumulation and reaccumulation models are pushing price higher, however price...
Here is my ABCD idea for GBPUSD on H1. OB range are on 61.8% and TP target at -27.
GBPUSD: The British Pound is also having downward adjustments. In the short term, it is expected that GU will retest the support area around the 1.2700 threshold and wait for more reactions around this area. Ace may consider short selling with GU today.
**Monthly Chart** Last month closed as a bearish candle after making a new low, just to move back into a consolidation range that was formed at the beginning of this year. This month's candle (which is still active) opened within the range and started moving higher. We will see a clear direction after the close of the monthly candle by the end of this week....
Am looking to take a position on GBPUSD. Wait for a 15 minute closure above or below It looks more prepped to sell off rather than buy off. In the rare case that it does reverse, I will take buys above range 2. There is news in about 12 hours so please be mindful.
Gbpusd buy setup 1:3 risk reward ratio the system : institutional tactics if you like my content hit the like button follow comment and show some ❤️ wish you good luck and good trading
Last Friday up D1 bar for GBPUSD had a lower shadow and closed near the top, showing good buying pressure. Before that, bar D1 decreased but created a bullish pinbar, also showing buying pressure. The recent price behavior of GBPUSD D1 at this resistance suggests the possibility of a breakout from the most recent peak to establish an uptrend again. GBPUSD H1...
GBPUSD bought near 1.27000. Relying on the room for the dollar to fall FX:GBPUSD OANDA:GBPUSD FOREXCOM:GBPUSD
GBPUSD has its third consecutive day of increase, but is showing a slowdown as the price creates a Spinning Top candlestick pattern around the old peak. GBPUSD D1 needs a breakout from this peak if it wants to establish an uptrend again at D1. After surpassing the old peak to reestablish an uptrend in H1, GBPUSD moved into a sideways phase in the trading range....
My Dear Robbers / Traders, This is our master plan to Heist GBPUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level Police Force is waiting for our arrival, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers /...
Here gbpusd has formed a double bottom and trying to move up so it expected to go For LONG and targeting profit should be around psychological level of 1.27000