This is my view in GBPUSD but this much of movement i not possible but trade and trend dreiction is like this; based on this put your confermations too with low risk management
GBPUSD is undergoing a decrease in value with a decreasing wedge model.
On the H4 chart frame, we observed that it seemed that the Guam still found a suitable point under the 1237 -priced area of the ability to break the positive resistance of the resistance threshold in the decreasing trend. Confirmation will occur if the closing price of 4 -hour candle is...
Today, GBP/USD is currently fighting at 1,2300, marking the lowest level in 5 months of trading in Europe on Thursday.
Market:
This currency pair is heavily committed by the Fed's hawk stance and the ability to suspend interest rates, after inflation decreased unexpectedly in the UK and SNB's surprising decision in keeping interest rates.
GBPUSD renews a 5.5-month low while extending the previous week’s downside break of the 200-day SMA, as well as drilling the 61.8% Fibonacci retracement of March-July upside. In doing so, the Cable pair ignores the oversold RSI (14) line while taking clues from the bearish MACD signals, which in turn suggests limited downside room for the Pound Sterling. As a...
Hello wise traders, this week is a week of heavy development for the GBP/USD pair when both the Federal Reserve (Fed) and the British Bank (BoE) are preparing to make a decision to make interest decisions The week in the middle of the week. The pound (GBP) is fighting for its position compared to the US dollar (USD) when investors prepare their position.
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The GBP/USD currency pair is struggling to find a price floor despite market optimism and widespread weakness in the US dollar. On the 1D chart we can see that the pair is trading in a defensive range. It is likely that this pair will reach the 1,250 USD mark. Before new behavior.
It is important to remain cautious ahead of significant risks such as UK inflation...
Hello dear readers!
The GBP/USD pair today continues to attract attention when below the threshold of 1,2400 for two consecutive days. The exchange rate has continued its decline from the previous day to reach a low level in three months and currently floating in the vicinity of 1,2420-1,2425, marking an increase of 0.10% when established.
Hello everyone
Hope you doing well.
I marked structure and explain price reaction and movement.
Also explained sell/buy probability as per price reaction.
For entry criteria, use M15 Timeframe.
If structure shift and give any confirmation then enter with 1% risk for at least 3-5% Reward.
#setandforget
Good luck.
Happy Trading
Iam looking for buy GBPUSD at price 1.24143.Do not enter without lower TF confirmation, and always use proper risk management. Take a risk of 1% to 2% of your account.I would appreciate your support if you agree with my analysis .If you are new to the forex market and want to learn how to trade gold. Feel free to send me a personal message.
The information and...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
wow
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 6
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
FX:GBPUSD
As you can see that, GBPUSD has created a trendline good resistance, If it gives breakout then we can plan for buy side and take retest entry. Plan your trade accordingly....
GBP/USD clings to small daily gains but finds it difficult to surpass 1.2500 on Friday. The bullish opening in Wall Street makes it difficult for the USD to continue to outperform its rivals and helps the pair hold its ground heading into the weekend.
