15 min bos upside And also takened liquidity Market respected 15 min bos upside
And also takened liquidity
Market respected
Extreme zone
1:6 plus is my target 🎯
Let's see
GBPUSD_TOM trade ideas
GBPUSD 4H Mark up cycle projection4H mark up cycle with Daily W pattern (similar to EURUSD and AUDUSD) + Completed 4H mark down cycle + DAILY MARK UP DIVERGENCES + Daily Green vector breaking out the W pattern and 50 EMA
most likely DXY will be in mark down cycle this month
GBPUSD pullback appears overdue, 1.2560 eyedGBPUSD seesaws at the highest level in 12 weeks, printing mild intraday gains during a four-day uptrend, amid early Tuesday. In doing so, the Cable buyers jostle with a one-month-old bullish channel’s top line amid an overbought RSI (14) line. As a result, the quote’s pullback appears imminent. However, an ascending trend line from early November, close to 1.2560 at the latest, puts a floor under the Pound Sterling. In a case where the pair breaks the 1.2560 support, it becomes capable of challenging the short-term bullish channel formation, as well as the 200-EMA, by poking the 1.2370-65 support confluence. It’s worth noting, however, that the bear’s dominance past 1.2365 won’t hesitate to challenge the monthly low of around 1.2100.
Alternatively, GBPUSD bulls need to cross the aforementioned channel’s top line, close to 1.2645-50 at the latest, to defy the odds of witnessing a pullback. In that case, the early August swing high of around 1.2820 and the 1.3000 psychological magnet will lure the Cable buyers. However, the run-up will need validation from the US Q3 GDP, PCE Core Price Index and Fed Chair Powell’s speech, not to forget the concerns surrounding the UK’s economic growth and BoE’s hawkish move.
Hence, the odds of witnessing the GBPUSD pair’s further upside appear thin but the pullback needs to break 1.2560 to convince sellers.
15 min bos upside done Liquidity also takened Waiting for buy 15 min bos upside done
Liquidity also takened
Waiting for buy entry
27th - 1st Dec 2023 FX Analysis - DXY is bearish thereby anticipating bullish FX.
- EUR/GBP is bearish. Either EU is bearish and GU is consolidating or GU is Bullish and EU is consolidating.
- Focus is on GU aiming for the -OB low and C.E on the Weekly Chart. Mon - Wed is ideal for trading as it's NFP Week.
GBP/USD major levels for 27/11/2023I have marked major zones on chart for few coming days.
My view on Cable is bullish for few days but let's see.
I will also update my views during market hours.
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Thanks.
GBPUSD bounces off 200-SMA ahead of UK PMIsGBPUSD snapped a three-day winning streak the previous day as the UK’s Autumn Statement failed to impress Cable buyers despite offering tax cuts and higher wages. The reason could be linked to the mixed economic outlook for Britain and a corrective bounce in the US Treasury bond yields. However, the 200-SMA defends the Pound Sterling buyers so far on the Thanksgiving Holiday in the US, as well as ahead of the UK’s release of preliminary S&P Global/CIPS PMIs for November. It’s worth noting, that the upbeat RSI (14) line and the bullish MACD signals enable the pair buyers to keep the reins within a one-month-old rising channel, currently between 1.2330 and 1.2620. However, the RSI conditions are nearly overbought and hence the late June’s low and May’s peak, close to 1.2590 and 1.2680 in that order, appear tough nuts to crack for the bulls past 1.2620.
Meanwhile, a daily closing beneath the 200-SMA level of 1.2450 needs validation from the downbeat prints of the UK PMIs to lure the GBPUSD sellers. Even if the quote slides beneath the 1.2450 key SMA support, the aforementioned bullish channel’s bottom line of around 1.2330 will challenge the Cable bears. It’s worth noting, however, that the Pound Sterling’s rejection of the bullish chart pattern, by a daily closing below 1.2330, will make it vulnerable to drop towards the previous monthly low of around 1.2035 and then to the 1.2000 psychological magnet, before targeting the yearly low of around 1.1800.
buying setup for gbp/usdthe trend for gbp/usd is up
and it has rare chances of going in one side without traping
so here is the plan
bullish trend 1H TF startedafter breaking the latest high very impulsive, the price made an order block 1h TF according to higher time frame structure we expect to price raise up and touch the major resistance it made in the past.
sl should be lower than the green H line
GBPUSD LONG GBPUSD is overall bullish . We can plan a long trade at the third touch of the trendline with bullish confirmations.
GBPUSD BUYGBPUSD BUY target and support levels given in chart , get free updates regularly thank you ,
before entering trade money management vey important
massive sell GBPUSDcurrently gbpusd is @1.24350 so its a good sell
i give guarantee analysis
you will never regret it
GBPUSDDear Friends See the GBPUSD Weekly Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel forget the Instant Notification of Every New Analysis
#GBPUSD Dear Friends See the GBPUSD Weekly Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel & get the Instant Notification of Every New Analysis
GBPUSDWe saw GBPUSD Long Because, GBPUSD Descending Trend Line Breakout or 61% Retracement complete.
GBPUSD fades bounce off 21-SMA, UK inflation, US inflation eyedGBPUSD snaps a two-day winning streak with mild losses around 1.2270 as traders await the UK employment and the US inflation data on early Tuesday. In doing so, the Cable pair fades bounce off the 21-day SMA. However, the absence of an overbought RSI (14) line, bullish MACD signals and the quote’s defense of the early-month resistance breakout keeps the buyers hopeful. With this, the tops marked in October around 1.2290 and the monthly high of near 1.2340 could lure the Pound Sterling bulls during a fresh run-up. However, the 200-day SMA level surrounding 1.2440 appears a tough nut to crack for the bulls, a break of which won’t hesitate to direct the prices toward the August month’s swing low of around 1.2550.
It’s worth noting, however, that the fundamentals are against the bullish technical signals considering the UK’s economic weakness vis-à-vis the US. Even so, the 21-day SMA and the previous resistance line, respectively near 1.2200 and 2120, restrict the short-term downside of the GBPUSD pair. In a case where the Pound Sterling bears dominate past 1.2120, a five-week-old horizontal support near 1.2070, the previous monthly low of near 1.2035 and the 1.2000 psychological magnet could test the sellers before giving them full control.
Overall, the GBPUSD pair is likely to edge higher unless the scheduled data posts too disappointing numbers.
sell gbp/usdcurrently gbp/usd is in down trend and in recent lower swing high it makes the same inverted head and shoulder pattern
so here is the plan
GBPUSD MULTI TIME FRAME ANALYSISHello 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 strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
GBPUSD ends the price increaseThe GBP/USD pair has entered a phase of decline and is oscillating within a narrow range around the 1.2220-1.2225 area.
The US Dollar (USD) managed to maintain its upward momentum overnight, inspired by comments from Federal Reserve Chairman Jerome Powell, which turned out to be the main factor acting as resistance to the GBP/USD pair. On the other hand, the British Pound (GBP) is weighed down by bleak economic prospects in the UK and increasing expectations that the Bank of England (BoE) will soon begin cutting interest rates, serving as a psychological arrow for investors to sell off the GBPUSD pair.
On the chart, this currency pair has surpassed the support area at 1.225, and a downward correction could bring the pair back to lower levels along the expected trendline at around 1.214 after a short-term price increase adjustment.
