GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
Here on GBPUSD price has reached a psychological level of 1.28000 and it continue being uptrend this means that buyers are still in control so going fo LONG is needed and targeting profit should be a psychological of 1.28500 .
My dear subscribers, My technical analysis for GBPUSD is below: The price is coiling around a solid key level - 1.2735 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.2688 About Used Indicators: By the very nature of the...
Hi Traders! We have a potential Head and Shoulders break on the GBPUSD 1D chart. The price action is telling us that there is a bearish bias due to the market having lower highs and lower lows; additionally, the market is also below our 20 EMA. We are looking for a break and a close below the neckline at the 1.25479 area which is August 2023's low. As long as...
GBPUSD stabilizing above 1.2746 will support rising to touch 1.2806 then 1.2827 then 1.2850 stabilizing under 1.2746 will support falling to touch 1.2697 then 1.2661 the condition is closing 4h candle above 1.2746 Pivot Price: 1.2746 Resistance prices: 1.2806 & 1.2827 & 1.2850 Support prices: 1.2697 & 1.2624 & 1.2575 tendency: bullish
On AUDUSD, we have a price currently in the 0.6680 zone after bouncing off a very strong value gap created on Friday. The price could now decline to the 0.66 zone where we have another value gap that would allow us to quickly return to the 0.6680 zone. Share your opinion; we would be delighted to hear it. Greetings from Nicola, CEO of Forex48 Trading Academy.
Hey Trader, Check this out on GBPUSD, it is in a weekly range and it just made a new retest of the upper band of the supply band since it last touch 15th of Dec 22. This might worth your time, keep a close tab on it
waiting for the creation of the fifth wave _____________________________________________________________ don't forget your risk management follow for more :))
we can see such as nice price action on GBPUSD for long trade opportunities.
A follow-up video to the previous analysis on the GBPUSD where we scooped over 400 pips profit (see link below for reference purposes). The US dollar continues to plunge since the beginning of the year as fear of recession mounts. To further mount pressure on the Greenback is the data from the U.S. retail sales which fell by the most in a year in December and...
Analysis of #GBPUSD Hi traders, today we will have a look at #GBPUSD the GBPUSD is in this beautiful wedge pattern as you can see on my chart, the market tested its trendline resistance and now started a move down, if you check y previous ideas on the GBPUSD where I explain why I expect the pound to move lower. now, there is a very good support zone that...
GBPUSD Breaish move , GBPUSD was in this correction phase it was forming rising wedge which is a good selling pattern formation.
I post this just to remind you that sometimes you just have to wait for the price to give you the sign when to buy/sell. This is the perfect example of no direction. First, read the graph and after make a decision. Have a great day!
Hi Team! See earlier posts on this pair. Currently consolidating in a wedge, from which I am expecting continuation of bullish correction. Entry on break of ascending wedge resistance, SL on structure support. Like what I do? Please like comment and share! DrBEar
last video of the week, i showed you guys how to spot gaps in price and how to trade them on the buy side and sell side. comment and let me know if this was helpful and will be back next week with some live trades and a few more gems
GBPUSD looking for sells as i mentioned on the chart (Based on 15M OB)
As you can see, The price has been consolidated up to the $1850 and now is surfing over an upward trend line. If it can close itself over $1920 again, the doors would be opened for experiencing $1975 after a while. Otherwise a price falling until $1850 would be expected. f you liked this idea or having your own opinion about it, I would be glad if you write it...