GBPUSD Support Cluster!GBP-USD is trading in an
Uptrend along the rising support
Which formed a cluster
With the horizontal level
So after the pair retests
This demand area we will
See a nice move up
Gbpusdtrade
GBP/USD :: Continue the process .GBP/USD :::
The price has some good support.
1- Trend line.
2- The bottom of the purple channel.
3- The middle line of the Orange channel.
Due to the presence of these supports, there is a possibility of price return, but the possibility of breaking the support range is low and it is expected that the price will increase after that .
GBPUSD Long BiasHey traders, here is the analysis for the GBPUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
GBPUSD Idea H1Here is my view for GBPUSD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPUSD Gonna ShortGU gonna create bearish butterfly pattern with weekly hidden bearish divergence. So, There is an opportunity to short from 1.240xx range!
GBPUSD - BIG SHORT - TIME FOR PARITYGbpusd - Daily - Uptrend is over on this pair and the bear hook is nearly complete.. expect a sharp sell off in this pair in the coming weeks and months possibly down to parity as dollar resumes its rally.
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- At present the MARKET SENTIMENT for GBPUSD is slightly on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, because the FED is a bit HAWKISH, the XXXUSD PAIRS are getting slightly downward PRESSURE.
- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a bit of a DOWNSIDE BIAS in the MARKET for USD. But after that GBPUSD can BUY until 1.2900 LEVEL. Before that, you can SELL at 1.2148 LEVEL. So go for GBPUSD LONG ENTRIES.
Be sure to pay attention to the UK GEOPOLITICAL STATUS.
If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT.
Gbpusd sellGbpusd has been in an uptrend but the buying power is already exhausted. A hesitation at a resistance. I'm looking to sell
GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD - Bearish price action ✅Hello traders!
‼️ This is my perspective on GBPUSD .
Here I expect bearish price action, as price filled the imbalance and took out buy side liquidity. We could see here a drop to 1.19500 as we have a huge imbalance that has to be filled.
Like, comment and subscribe to be in touch with my content!
GBPUSD Short BiasHey traders, here is the analysis for the GBPUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
20 Reasons for buy GBPUSD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: bearish trape at yearly time frame at 38 years support level with a long wick
2 📆Monthly: Multi-month a strong downtrend with a lot of momentum, and currently, the market is in a corrective phase and also has some open area for upside continuation
3 📅Weekly: with a panic bottom break, previous resistance also retested the 38 fib level last week, indicating another strong upside move. Weekly structures also change in character
4 🕛Daily: Daily, a clean uptrend about to start their 3rd impulse move so that we can have an edge ride with it but with proper Risk to reward a 50% chance to win
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bullish
6: 2 Pattern Candle Chart: rounding and a classic flag pattern
7: 3 Volume: high volume at every bullish candle, so bulls are in full control this time in the market
8: 4 Momentum UNCONVENTIONAL Rsi: Momentum is sideways, yet as the previous momentum is bullish
9: 5 Volatility measure Bollinger bands: middle band support also in the bullish phase
10: 6 Strength ADX: total sideways
11: 7 Sentiment ROC: GBP beats USD since 2 month
✔️ Entry Time Frame: H4
12: Entry TF Structure: bullish
13: entry move: right corrective
14: Support resistance base: previous wick order block
15: FIB: wait, yet
☑️ final comments: we can buy
16: 💡decision: Buy
17: 🚀Entry: 1.2180
18: ✋Stop losel: 1.2085
19: 🎯Take profit: 1.2837
20: 😊 Risk to reward Ratio: 1:7
🕛 Excepted Duration: 1 month
GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSDIt's long-term trend. There is important ENDING DIAGONAL and price was reacted on bottom line. I think GBP wants to be power. RSI was in oversold and there is divergence in MACD & RSI, so I think it's start of new uptrend.
GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD is preparing for a rise!Currency Pair : GBPUSD
Possible direction : Bullish
Technical Analysis : Price has formed a bull flag after strong impulse to the upside. Currently after grabbing liquidity from support price is preparing to breakout from the bull flag. Upon breakout of the bull flag, on the retest of the previous resistance as support. A bullish trade is high probable.
Possible trade recommendation : Bullish as per chart sketch
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Sell GBPUSDFX:GBPUSD
I think the high of the week was setup on Monday.
Marked the setup on the chart. Good Risk reward.
#GBPUSD- SELL 1000 PIPS SETUP!!-As we previously mentioned dxy has been weakning and that is why we expect price to continue a short term bullish trend before it reverse. However, it may not work out if DXY reverse early.
GBPUSD Long BiasHey traders, here is the analysis for the GBPUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
GBPUSD Local Short! GBP-USD has retested the
Horizontal resistance level again at 1.22123
And the pullback is already happening
So I think we will see a retest
Of the target level below
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- At present the MARKET SENTIMENT for GBPUSD is slightly on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, because the FED is a bit HAWKISH, the XXXUSD PAIRS are getting slightly downward PRESSURE.
- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a bit of a DOWNSIDE BIAS in the MARKET for USD. But after that GBPUSD can BUY until 1.2900 LEVEL. Before that, 1.1946 LEVEL can be SELL. So go for GBPUSD LONG ENTRIES.
Be sure to pay attention to the UK GEOPOLITICAL STATUS.
If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT.
GBPUSD 4H: 06/01/2023: We expect that the price will move upward to collecting liquidity pool above 1.21256 and then if we find a low time frame confirmation we can enter to a short position for at least 150 Pips.
