this is long setup for GBPUSD we will wait for the price to come at our POI and break the LH with bullish candle on poi we can enter the trade
Personally, I am Thinking of Going Short on GBP/USD Because GBP is looking Bearish Fundamentally and USD is also Looking Bullish Fundamentally
FOMC Minutes in the Charts: EUR/USD & GBP/USD During their June meeting, minutes released on Wednesday indicated that almost all Federal Reserve officials expect further tightening in the future. Despite the majority's belief in upcoming rate hikes, policymakers chose not to increase rates due to concerns about over-tightening. They acknowledged the delayed...
Here you can see 10-20 pips sl and 10-20 pips scalp entry if there is no news. Good luck
The UK continues to struggle with high inflation, as demonstrated once again this morning when headline inflation exceeded expectations at 8.7%, surpassing the projected 8.4%. Core inflation also outperformed, registering a 7.1% figure compared to the expected 6.8%. This divergence emphasizes the contrast between the UK and its counterparts in the US and Europe....
GBPUSD 1:3 TRADE 1). Price is entering in the right zone 2). US Unemployment rate is comming soon which is negative for US Dollar 3). 200 EMA is below the price 4). We can see uptrend in the chart Best and simple Setup Stay tuned
GBPUSD breaks their support trend is downward 200EMA us Above the price 1:3 beast trade
GBPUSD is right now testing at weekly resistance and also been rising for last 6 weeks . It may seem for correction here at this moment with target at fib. retracement at 61.8 . Stop loss just above the weekly resistance . You can trade accordingly with proper risk management . Also , this week we have BoE interest rate decision in view and also the GDP report on...
GBPUSD has broken the trendline on a 4hr timeframe and target is 1.19400. It has a great risk reward ratio.
GBPUSD Analysis wait for Retest and Candlestick Pattern Triangle
CAPITALCOM:GBPUSD As you can see in GBPUSD pair is in consolidation since Dec 22 (long time ) and now it is near to the resistance, if it rejects the resistance level and come down then we can plan for sell side with the conformation of pull back entries. Plan your trade accordingly.... (4 HR time frame)
#trading stratergy #GBPUSD Uptrend Movemet time frame 3 hours. breakout from parallel channel. Buy at 1.20718, Target 1.22331, SL 1.20257 HOPE our analysis is adding value to your site trading Journey. If yes, Hit like button or boost our ideas. Thank you. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The...