Gbpusdidea
Will GbpUsd break above resistance? (Medium term outlook)Since September's low in 2022, GbpUsd has reversed to the upside and changed the trend once broke back above 1.15.
Corrected twice from the 1.24 zone and each time 1.2 zone (and slightly under) offered strong support with bulls quickly gaining control and leaving long tails on the weekly chart.
At this moment GbpUsd is trading back to the resistance zone and looks determined to break to the upside.
1.22-1.2250 should offer strong support and dips in this zone should be bought in anticipation of a new leg up.
My target for gbpusd is 1.27 in the medium term
GBPUSD and EURUSD 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 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.
Long GBPUSD, target 1.240
GBPUSD is currently testing support around 1.231, once the support is confirmed to be valid, it will rise to around 1.240.
So today we will focus on the support around 1.231. When the support is confirmed to be valid, we can go long, and the target is around 1.240-1.244.
I released the trading strategies of EURUSD and GBPUSD today, and I will continue to publish gold, BTC, etc. later. If you are trading them, you can follow me, if you have any questions, you can tell me, and I will help you answer them.
GBPUSD BUY LONGCaptain America Forex Indicator is a trend-following tool and works on crossover signaling methods. This indicator is able to detect the reversal points of the market trend and can spot the best possible areas to enter the market within the trend directions. The indicator suits with all sorts of timeframe charts available within the MT4 forex trading platform.
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 WEEKLY ANALYSISFX:GBPUSD
we can already see that price has reaches a key level in the market and can do only two things it can either reject that area and continue heading downward or it can breaks that area strongly and close above it the we could enter at the retest of that area but i am mainly bullish on this pair