Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for long position. My point of interest is if price makes a retracement and then rejects from trendline + liquidity zone. Fundamental analysis: This week on Wednesday (GMT+3) we will see results of yearly CPI...
Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Expecting bullish move price is respecting h4 trend and retails will be trap on H4 supply zone area
GBPUSD had a sell BMS and on a retracement with little highs and lows for a possible downtrend
GBPUSD is in an ascending channel. The chart has reached the upper boundary of the channel and is moving in an ascending wedge. The price is trading near the resistance level. We expect a correction. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
The GBPUSD is currently in a bullish trend, characterized by higher highs and higher lows. However, the price action has developed a bearish divergence alongside a rising wedge pattern, indicating a potential bearish reversal. A critical level to watch is 1.26864, the previous higher low; a break below this point would signal bearish control, with an expected...
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...
Looking at gbpusd, I thing it will have o drop to the gray area before shooting UP. Hopefully it will respect our analysis as much as it respected the trend
Price is nearing a 2H Supply zone. after a nice move up. I am expecting price to move to the low after hitting the supply zone
📌GBP/USD entered a technical correction and closed Thursday down after gaining 0.75% on Wednesday. The pair continued to rebound on Friday and traded near the 1.2700 resistance level. 📌Atlanta Fed President Raphael Bostic acknowledged inflation progress in April but noted that the Fed has not yet begun to ease policy. In a similar tone, Cleveland Fed President...
Market broke Daily LHs turning overall structure Bullish Entry at Daily and Weekly AOi Weekly and Daily at the same AOi Weekly Rejection Candles Daily Rejection Daily EMA retest Around Psychological Level 1.26000 H4 EMA retest H4 Candlestick rejection Rejection from Previous Structure Point SOS 1:5.26 Entry Signal 95% REMEMBER: Trading is a Game Of...
As you can see , we posted GBPUSD today and now it hit our Target with R/R : 10 and of course it's a great risk to reward ratio !
Not really an enticing trade and also remember that is not a confirmed pattern , its a pattern assumption. It can literally go anyway without bias.
My dear friends, Please, find my technical outlook for GBPUSD below: The instrument tests an important psychological level 1.2641 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.2580 Recommended Stop Loss - 1.2678 About Used...
GBPUSD Absorbed Liquidity dropped but suddenly Recovers this confirms more upside move
✅GBP_USD broke the falling Resistance and the breakout Is confirmed so I am bullish Biased and I will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
GBPUSD is moving in an ascending channel above the trend line. The chart has reached the resistance level, which was the reversal point last time. We expect a pullback after the end of testing the current level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!