The GBP/USD currency pair has approached a notable demand zone, which appears particularly intriguing on the future 6B1 chart. This area could present significant opportunities that may become even more evident in subsequent trading sessions. Currently, the price of the GBP/USD pair is exhibiting signs of being overbought. This condition is largely influenced by...
Hello Guys GBPUSD looks bearish to me expect A Bearish Drop this week and possibly even next week. this is my outlook and forecast on the pair i am seeing the high of the week forming most likely on tuesday if not it will be on wednesday. target 1: will be the Daily key level target 2 : Previous Week Low (not high probability) good luck and good trading.
Following our successful forecast on the British Pound (link below), we are now poised to take advantage of another shorting opportunity as the price retests the previous supply area. This retest suggests a possible bearish scenario on the horizon. Our analysis is further supported by the latest Commitment of Traders (COT) report, which indicates a notable...
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
Bias is Bullish, overall. Price has formed several +FVGs on the way to the DOL. Potentially, a pullback to one can propel price higher to the draw on liquidity at 1.2810. I do not think price pullback further than this +FVG at 1.2745. This is also the location of the Volume Imbalance seen on the Daily TF.
We continue the experiment with a wider range of zones. Let's see if we can guess the places to search for deals for the week ahead. During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most...
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
Bias is Bullish. Came very close to the DOL, and barely missed the FVG. I expect both will be tapped next week. The IFVG, price trading through the swing high, and the +FVG, are multiple confluences that support the idea that price will find support at these levels and continue higher. Expecting price to tap the +FVG before heading higher. Thank you for...
6B looks possibly ready to sh*t the bed. Not confirmed yet, but I'll be looking to short if we get a bearish h8 cisd.
GBP/USD is facing challenges in the aftermath of the recent data release from the UK's Office for National Statistics. According to the data published early Tuesday, the ILO Unemployment Rate in the three months to March edged higher to 4.3% from the previous 4.2%, aligning with analysts' expectations. Meanwhile, annual wage inflation, indicated by the change in...
Price is currently in a W/D1 -FVG. Therefore, I am Bearish. Look at the position of price in the trading range. Reached into Premium last week, then back into Discount a bit. We Open this week with price heading up, in the near term. Looking for the signature for sells. LIKE, COMMENT or SUBSCRIBE if you like and want to see more analysis. Thank you for viewing!
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP. Levels are valid throughout the day,...
Bearish. Price has raided an old swing low, and then mitigated a +OB. Expecting a bullish reaction in the near term, up to the local lows. The market will resume the bearish trend afterwards. I enjoy any feedback or questions in the comment section. All opinions are welcome! LIKE or BOOST this post, if you would. I would be appreciate it. SUBSCRIBE if you want...
Waiting for rejection off the liquidity zone. Then I will look to sell from that zone. Selling only after the break below the HMA and the retest of the liquidity zone **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management*
📉Bearish Bias Next Week 📉 🔴Weekly IRL Tagged 🔴Strong H4 Selloff After W-IRL Tagged 🔴Looking to Short into Weekly ERL 🎯Target: 1.2043
On the backside of the short we can ape in for the bounce off the bottom, would not recommend futures as the open interest on the contracts will be low, options is how to play this. Safe side is sell the put (don't advise selling naked unless you can manage the trade at all hours) or a credit spread to hedge any risk. This will provide ample time to collect the...