Here price has moved to the psychological level and now want make another move so we be expecting going for LONG and targeted profits should be around TP2, TP3, TP4
Here we are bringing you GBPUSD analysis for today and coming week so you can be profitable in your trading journey.
Here the price has touched psychological level after the drop down so at point we be expect another buy as the markets is still in uptrend , So therefore our LONG should be around the psychological level which is TP1 and targeted profits should be TP2 , TP3 and TP4
Here the price has been in uptrend and break a support line were by forming a resistance at psychological level of 26500 so that means is more SHORT are expcting to drop at levels of 26000 . After then next decision can be made
Technical indicators play a significant role in analyzing GBP/USD (British Pound/US Dollar) price movements and identifying potential trading opportunities. Here are some commonly used technical indicators for GBP/USD trading: 1. **Moving Averages (MA):** - Simple Moving Average (SMA) and Exponential Moving Average (EMA) are popular indicators used to smooth...
Identifying support and resistance levels is crucial for effective technical analysis when trading GBP/USD or any other financial instrument. Here's how traders can identify support and resistance levels on GBP/USD charts: **1. Historical Price Levels:** - Look for historical price levels where the GBP/USD exchange rate has previously reversed direction or...
Here we are given you a live analysis for GBPUSD that you can benefits and make profits in your trading journey
Here on GBPUSD price has break the support level forming a resistance and move down big so at this point it expected that is going to touched the pyschological level of 26000 were as the movent is coming from level of 27000.If the price touch the psychogical level of 27000 that were we can now make another decision depends on pattern that form.
Price has touched the psychokogical levels of 26500 and now about to move so it expected to buy at that level then wait for the next move of the market . So it expected to set a stoploss below the psychological levels of 26500 now move target another profits at levels of 27000.
Here on GBPUSD the price has been in uptrend for a very long time so we keep Going For LONG on around psychological levels of 26500 so and our targeting profits should be around 27000
The "double bottom" is a common technical analysis pattern used in trading. It typically occurs when the price of an asset reaches a low point, then bounces back up, then falls again to a similar low point, and finally bounces back up again, creating a W-shaped pattern on the chart. Traders often interpret this pattern as a sign that the downtrend may be reversing...
Here we are given you a live analysis for GBPUSD that you can benefits and make profits in your trading journey
Drawing trendlines and channels is a fundamental aspect of technical analysis when trading GBP/USD or any other financial instrument. Here's how traders can effectively draw trendlines and channels on GBP/USD charts: **Drawing Trendlines:** 1. **Identify Trend Direction:** Before drawing trendlines, determine the direction of the trend on the GBP/USD chart....
TradingView offers a variety of screeners to help traders identify trading opportunities across different markets. Screeners allow users to filter and sort through various financial instruments based on specific criteria such as price, volume, technical indicators, fundamental data, and more. Here's an overview of some common screeners available on...
Here on GBPUSD price has move to a certain levels of psychological of 26500 now continue it upward moment . So going for LONG is needed around level of 26500 and targeting profits should be around 27000.
Here we are bringing you GBPUSD analysis trading so you can be profitable in your trading journey
Here on GPBUSD price has been dropping but the trend is uptrend therefore we be going for LONG at psychological level 26000 then our targed profits should be at psychological level of 26500.
Here price still in uptrend and keep moving up so going for long still the option as the price keep buying at psychological level . Use good money management