Gbp-usd
GBPUSD Potential for Bullish Rise | 9th January 2023Looking at the H4 chart, my overall bias for GBPUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.
Looking for a buy entry at 1.21062, where the 38.2% Fibonacci line is. Stop loss will be at 1.18997, where the 78.6% Fibonacci line is. Take profit will be at 1.23110, where the 78.6% Fibonacci line is.
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GBPUSD Potential for Bearish Continuation | 6th January 2023Looking at the H4 chart, my overall bias for GBPUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a pullback sell entry at 1.19587, where the 38.2% Fibonacci line is. Stop loss will be at 1.20863, where the 38.2% Fibonacci line and recent high are. Take profit will be at 1.17779, where the -27.2% Fibonacci expansion line is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBPUSD Potential for Bearish Continuation | 5th January 2023Looking at the H4 chart, my overall bias for GBPUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 1.21260, to clear the liquidity and where the 38.2% Fibonacci line is. Stop loss will be at 1.22419, where the 61.8% Fibonacci line is. Take profit will be at 1.19002, where the previous swing low and liquidity hotspots are.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBPUSD H1: Bullish outlook seen, further upside above 1.2000On the H1 time frame, prices are showing bullish order flow and a throwback to the support zone at 1.2000, in line with the Fibonacci confluence levels could present an opportunity to play the bounce to the resistance zone at 1.2080. This resistance zone coincides with the 78.6% Fibonacci extension. Prices are holding above the Ichimoku cloud as well, supporting the bullish bias.
GBPUSD Potential for Bearish Continuation | 4th January 2023Looking at the H4 chart, my overall bias for GBPUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Price has tapped into my sell entry at 1.20018, where the 50% Fibonacci line is. Stop loss will be at 1.20851, where the recent high is. Take profit will be at 1.19002, where the previous swing low and liquidity hotspots are.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBP/USD:BUY From Support Area SHARK Pattern LONG SetupGBP/USD Shark pattern Formation after the aperture of the US session market this morning. The price in the morning had a massive drop but we are looking for a Pullback on this pair. We have recognized a Shark pattern with the Stochastic in oversold.
GBPUSD Potential for Bearish Drop | 3rd January 2023Looking at the H4 chart, my overall bias for GBPUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Price has tapped into my sell entry at 1.20986, where the 23.6% Fibonacci line is. Stop loss will be at 1.21919, slightly above where the 38.2% Fibonacci line is. Take profit will be at 1.19402, where the previous swing low is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBP/USD:SELL From Resistance Area For A New SHORT SetupGBP/USD inside a Sideways area, the price rebound from the Resistances areas to the supports. The price comes from a strong rally uptrend in the higher timeframe that in the last sessions seems arrived at the point of retracement with a bearish impulse. We are Looking for a Short impulse.
GBPUSD HOLDINGS 1.23I still am expecting to reach the Target of 1.23 as TP from last week trade this just a little update on how its going.
currently up 70pips from last weeks trade - ill tag the idea here to so u can see the sniper entry of it.
I do expect GBPUSD to fly sky high for next week. IDEALLY we want to be out before the RED FLAG news kicks in. but if there prices are still the same well hold through out the NEWS.
GBPUSD 1.22 PARTIAL suggest u take to cover SL. (130pips away)
TP 1 @ 1.23 305PIPS MOVE
TP 2 @ 1.24 505pips move
💷💵GBP/USD Continues Declines💷💵💷💵GBP/USD Continues Declines.
💷💵Funt is once again turning southward. Without making any significant upward corrections.
💷💵Looking at the technical environment, it's hard to talk about the dominance of buyers here. Everything indicates that there is a higher probability of a continuation of declines.
💷💵The scenario I'm playing out is still unchanged, I still expect the declines to continue, and I expect the price around the support zone in the coming weeks. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💷💵*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
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