Whats happening guys this is VHT and I am back again with my analysis watch guys and lets make some money together. VHT YOUR MENTOR SIGNING OUT
On this eventful Wednesday, the story of GBPUSD continues its recovery streak, gracefully dancing along the 34 and 89 EMA lines. The upward momentum has prominently returned as it approaches the Fibonacci level of 0.618, currently hovering around the 1.267 mark. Short-term wisdom primarily leans towards buying strategies, aiming for a swift victory at the peak of...
Hello everyone! Just as we predicted, GBPUSD has increased after successfully testing the support level at 1.257. Currently, it is trading around the 1.265 level, with strong upward momentum and aiming to immediately conquer the resistance level at 1.266. The US dollar has slightly depreciated as moderate risk appetite has prolonged the recovery process of this...
Daily bias only ,trade by your own setup if occur. Learn first and trade accordingly. Follow me for more.
Go through the analysis carefully, and do trade accordingly. Current price- 1.26400 "if Price stay below 1.28000 then next target is 1.25300 and 1.24300 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by...
Current Context GBP/USD ended its four-day winning streak, posting a decline following a correction on Thursday. Currently, the pair is steady on the downside, trading at around 1,262. Of note is the formation of a short-term top on the one-hour chart, representing a downtrend according to the Elliott Wave Principle. Technical Analysis Monitoring technical and...
GBP/USD is in a 4 Hour Downtrend. Price is reaching a downtrend trendline and a major resistance level. Price has already rejected to move forward at the current levels marking at as a major resistance level. I am going short.
GBPUSD Next Move 04/04/24 to 05/04/24 SL Mandatory
Hello dear friends! Overall, Wednesday saw a stunning comeback for the British Pound, as it quickly regained strength from its seven-week low at 1.2539. A combination of comments from senior officials at the Federal Reserve and data on the US services sector that missed expectations created a strong headwind for the US Dollar, pushing it went lower for two...
Wednesday’s broadband US Dollar weakness allowed GBPUSD bulls to extend the week-start rebound from an upward-sloping support line stretched from December 2023. The Cable pair’s recovery also gained support from the upbeat RSI (14) line and bullish MACD signals. However, the 100 and 200-bar Exponential Moving Averages (EMAs), respectively around 1.2650 and 1.2665,...
GBP/USD has broken the bottom of the flag Channel on 4Hour Timeframe DXY is very strong I am going Short on GBP/USD I will update about this trade
Hello! Today, GBPUSD is once again experiencing another day of losses, clearly indicating a downward trend within a stable price channel. The pair has yet to show any signs of a breakthrough. Currently trading at 1.256, GBPUSD continues to operate below the EMA 34 and 89 lines, providing more selling opportunities around this pair. As long as the downtrend...
GBP USD - RISING WEDGE PARTTERN FROMED take a SHORT ENTRY, price will be down fall till 1.25519 marked price line, follow for more live updates @FOREX_TRADER_007
Hello dear traders! Yesterday, GBPUSD finally broke out of its sideways trend, aligning perfectly with our expectations by plummeting. The British pound weakened significantly during the North American trading session, as strong US economic data could impact the Federal Reserve's interest rate cut decision. This situation has supported the US dollar while the...
GBP/USD held steady today, hovering slightly up around 1.2630 during Asian hours on Monday. The US dollar's daily losses recover somewhat amid risk aversion ahead of the release of US ISM Manufacturing PMI data expected later in the North American session, capping levels increase of this currency pair. Looking at the short-term outlook: The pair appears to be...
I am long on GBP/USD Levels on the chart This trade is active, will keep you updated
Hello dear trading community! Today, let's explore the GBPUSD pair together! Currently, GBPUSD is moving steadily, fluctuating around the 1.263 level, with minimal changes compared to yesterday's session. It seems that today, with the world on holiday, there won't be many significant fluctuations affecting our trading strategy. In the short term, the range...