GBPUSD H4 2may2023if you look at this chart, the price seems to be in an uptrend channel, there is a high probability that the price will move up to the upper channel, as long as the price does not fall more than the invalid area.
Gbpusdtrade
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish.
- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2900 LEVEL. Before that, 1.2350 LEVEL can be SELL. So go to GBPUSD SELL ENTRIES.
GBPUSD BUY SETUPIn Sha Allah I hope the market will go above this price level for a while
ENTRY : 1.2490
TP : 1.2600
SL : 1.2450
GBPUSD 4H AnalysisHey traders, bullish weekly candle and important key level can push the price up further
GBPUSD BuyFirst GBPUSD moved sideway and then moved upside as per our analysis. I believe it will rise more in next week. Keep an eye on DXY movement to trade GBPUSD.
GBPUSD BUYHello, the GBP USd pair is in positive condition. There is a high possibility that the price will go up. After breaking the flag. The pair reached a resistance that it is trying to break through.Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
Will the pound usher in a big rally?Because of the banking crisis and the expiration of the US debt ceiling, the market has exacerbated concerns about the risk of an economic recession. Looking at the world, the Ukrainian crisis, the European energy crisis, the food crisis and the refugee debt crisis, economic recession is actually inevitable, so the pound will not go into a bull market.
Judging from the recent trend, although GBP/USD has pierced 1.250 many times, they cannot effectively stand above 1.250, so it is easy to stage a market that rises and falls at this position, so for short-term trading, it is still possible to short at a high level host.
In today’s trading, the trading signals I announced on the channel to buy more gold around 1980 and 1976 all reached the stop profit target at the 1986 line. The trading signals in the past two weeks have achieved comprehensive victories, and the results of 0 losses are enough to make We reap satisfactory profits. In trading, whether it is gold, crude oil or foreign exchange, I have the ability to satisfy your desire to make money. I have published detailed trading signals about crude oil in the channel. Please pay attention to the trading signals in the channel
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: Next destination!Unexpected upturn in mortgage activity, investors should also look for a sustained rise in inflation
Investors should keep an eye on the inflation rate, which is expected to steadily increase, along with the recent surge in mortgage activity. This could lead to the Bank of England taking action to tighten monetary policy. As a result, the British Pound could benefit from higher interest rates and bond yields compared to the US.
GBPUSD sell setupGBPUSD is testing the strong supply zone . it is a very significant area where market is testing the broken trend line and also the Fibonacci retracement areas
look for bearish confirmation on lower time frames and sell GBPUSD with your own money management always remember that patience is the keys to success
GBPUSD: A strong supply zoneGreetings Fellow Traders:
Midday update for GBPUSD,
We can see that a supply zone is active around 1.2510-1.2540
And for any sustainable upside move that zone needs to be broken in at least 4 hours timeframe...
And before that you can keep your selling positions with mentioned targets in chart.
Good Luck 🍀
GBP/USD - SHORT; Hard SELL, right here!Looks like cable is fixin' to be done for, right about here! SELL it hard!
GBPUSD H4Hello traders,
GBPUSD is setting up for a potential downside move watch price action according to your own trading strategy and look for a short position opportunity.
This is just analysis.....
GOOD LUCK & GOOD TRADING
GBPUSD sell setupgbpusd broke the major trend line and retesting the strong resistance area
look for bearish confirmations on lower time frames and sell gbpusd with your own money management
discipline and patience are the keys
GBP/USD rally showing signs of exhaustion, time to sell?GBP/USD has rallied strongly over the last 2-3 weeks. However, the rally is now showing signs of
exhaustion. 1.2530 has proved to be a strong ceiling so far. Although the dynamic support
level in the 4Hour chart has offered some support.
A strong break below the 1.24 level indicated by a big bearish candlestick would imply that the trend
has reversed and the downtrend would continue. I would recommend traders to sell GBPUSD if
we can see strong bearish price action below 1.24. On the other hand, if price spikes to 1.2540,
that would be a good opportunity to sell as well.
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 Pre News Tomorrow AMHey Traders,
Pre Claimant Count Tomorrow we can look for short zones on further impulse moves.
We are looking for news to aid us in our quest for volatility not as a mechanism for guessing where volatility will take price.
This comes Circa 1.266 area as we move to KEY MAs and previous PA zones.
Do not be one of those traders who believes that price cannot go higher..
It always can and it will.
Any longs need a further fall 1.22
Trade small and wait for market reaction.
GBPUSDThe price has broken the trend line and pulled back, and there is also a resistance zone, and the price is likely to decrease
GBPUSD Next Possible MovePair : GBPUSD ( British Pound / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Long Time Frame with a Breakout of the Lower Trend Line and Retracement and will Completed its Retest at Fibonacci Level - 61.80%
Divergence
Break of Structure
Completed " 12345 " Impulsive Waves and " A " Corrective Wave
GBPUSD CHART ANALYSIS POSTED ON SUNDAY 16 APRIL 2023GBPUSD CHART ANALYSIS!!!
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Trade safe and use always proper risk management.
GBPUSD pulls back from the highs, uptrend to continue?Hello, traders in my previous GBPUSD idea last week(previous idea attached below), I predicted
that GBPUSD would continue the uptrend from 1.2350 and only 1.2520 would offer some resistance.
As you can see, price moved exactly as I predicted.
Currently, GBPUSD is finding some support at 1.2350 level. Price is also hovering around the dynamic
support in the 4H chart. Keep in mind that 1.2350 is the key level. A break of this level would see
GBP/USD fall further towards 1.22.
However, the key level has not broken yet. So, we can consider long entries as long as price stays above
1.2350.
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish.
- The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2536 LEVEL. After that, you can SELL at 1.2099 LEVEL. So go to GBPUSD SELL ENTRIES.
GBPUSD H1 PositionGBPUSD SUPPLY DEMAND
ENTRY: 1.2407
SL:1.2440
TP:1.2275
RR: 1:4
What You Think ? Give me Your Idea
