GBPUSD Halfway to the targetGBPUSD is in profit of more than 200 pips. We are halfway to the target, and after a nice pullback we are ready to resume the road to 1.26500
Gbpusdlong
GBPUSD R:R 1:5This is for short term
Marked Possible Buy zone
Once Reached Entry zone Look for BOS in LTF then Enter
And this is risky too.
Please DYOR before entering the trade.
GBPUSD LONGDo NOT fall for this trap, market has all the zones already tested. Market will reverse from the Supply zone mentioned. you can take a short from supply zone, Only go long from the designated Demand Zone/area mentioned in the chart.
Happy Trading
GBPUSD LONG TERM Buying IDEAHello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
GBPUSD on 16-11-23 : BULLISH BIASEDGBPUSD can go Bullish if,
H1/H4 closing above 1.245, it can move bullish upto 1.255
or it can go Bearish if,
H1/H4 closing below 1.235, it can move bearish upto 1.225
GBPUSD - LONG 2GU - Second Trade, price broke out of bullish flag. Same impulse - correction - impulse pattern.
GBPUSD (Making strong gains)hello everyone ,The price needs to consolidate above this level and above 1.2430 for the bullish corrective trend scenario to remain effective for today, waiting for a positive incentive that will contribute to pushing the price to achieve our next target, which is at 1.2499.
Pivot Price: 1.2430
Resistance prices: 1.2499 & 1.2545 & 1.2599
Support prices: 1.2379 & 1.2319 & 1.2266
The general trend expected for today: bullish
GBPUSD - Continuation BullishSimple liquidity sweep into 15 minute POI/OB for bullish continuation.
Entry 1.2435
SL 1.2415
TP 1.2500
GBPUSD - Looking To Buy Pullbacks In The Short TermH1 - Strong bullish momentum.
Higher highs.
No opposite signs.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
💡 GBPUSD: The upward momentum is consolidatedFollowing the establishment of a bullish pattern near the 1.2200 support zone, GBPUSD is experiencing a resurgence in bullish momentum. Our current stance maintains buy positions based on earlier signals of a bullish reversal, including the double bottom pattern and the price breaking through the existing structure. It is advisable to retain these positions with the target set around 1.2400.
GBPUSD: 09/11/2023: Bullish scenarioThe market structure is bullish and we are searching for a buy opportunity.
Here we have a bullish order block that we expect price will have a bullish reaction in that zone.
Please pay attention to the details.
💡Wait for the update!
🗓09/11/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
GBPUSD - Bullish price action ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: As I said in my previous analysis I expected to make a retracement to fill the imbalance, now I see a new expansion after price filled the imbalance and rejected from bullish order block + institutional big figure 1.22000.
Fundamental news: Tomorrow will be released monthly and yearly CPI in USA and on Wednesday will be released monthly PPI and Retail Sales. As well on Wednesday will be released yearly CPI on GBP. News with impact on USD and GBP, so pay attention to the results in order to validate the analysis.
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GBPUSD(UPDATED) R:R 1:5This is for short term
Marked Possible Buy zone
Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter
And this is risky too.
Please DYOR before entering the trade.
GBPUSD 4H (Waiting for CPI)The British pound against the dollar pair continues to rise to test the level of 1.2297, and the Stochastic indicator continues to provide negative signals that we expect to contribute to pushing the price down again.
Until now, the bearish trend scenario remains valid unless the 1.2297 level is breached and holds above it, remembering that our next target is at 1.2266.
Pivot Price: 1.2297
Resistance prices: 1.2346 & 1.2393 & 1.2439
Support prices: 1.2266 & 1.2229 & 1.2191
The general trend expected for today: bearish
GBPUSD Possible buy zone!The primary structure of GBPUSD indicates a bearish trend, accompanied by a secondary structure reflecting a corrective rebound.
- To capitalize on favorable selling points, it is suggested to exercise patience and wait for the price to revisit the vicinity of 1.23643 before considering short-selling opportunities.
- In the case of seeking buying opportunities, a prudent approach involves waiting for the price to reach the support level situated at 1.22394.
GBPUSD: Pound recovers ahead of important economic dataAs UK economic growth flattens rather than declines as predicted, the GBP is strengthened.
For additional hints, investors are awaiting data on jobs and inflation.
The third quarter saw a sharp reduction in investment by local businesses as a result of uncertain demand.
The economy of the nation is doing better than expected, which helps the GBP. Despite a pretty bleak economic prognosis, the GBP/USD exchange rate is making an effort to rebound as businesses' investments in production expansion have drastically decreased as a result of weak domestic and international demand.
BoE policymakers Katherine Mann and Huw Pill express concern about the long-term consequences of high interest rates in the fight against inflation, indicating that they will probably support an early rate decrease.
Data on the labour market in the UK will reveal investor positions. Furthermore, hiring trends and wage growth also
💡 GBPUSD: Reversal signs appearFollowing four consecutive bearish sessions, the downward trend has come to a halt around the 1.2200 region. A slight bullish indication, represented by a dragonfly doji pattern, has emerged. This, coupled with earlier notable reversal signals such as the double bottom pattern and the breach of the bearish structure, suggests a potential resurgence of upward momentum. It is advisable to maintain your existing long positions, with the target remaining in the vicinity of 1.2600.
GBPUSD R:R 1:3This is for short term
Marked Possible Buy zone
Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter
And this is risky too.
Please DYOR before entering the trade.
USD exchange rate today November 13: Slightly decreased in the Investors currently believe there is a 91% likelihood the Fed will maintain current interest rates.
The USD Index closed at 105,660 on the global market at 6:32 a.m. Vietnam time on November 13, down 0.02%.
The US Federal Reserve (Fed) keeps its "hawkish" approach, there are no new developments in Middle East tensions, and the USD keeps becoming stronger.
Fed Chairman Jerome Powell's remarks at the International Monetary Fund (IMF) Conference on Thursday helped the market realize that the Fed is still committed to tightening monetary policy for an extended period of time.
Despite the fact that inflation has decreased from its 40-year peak last year, Mr. Powell cautioned that the Fed still has work to do. Additionally, he stated that the Fed is not "confident" that it has sufficiently controlled inflation to reverse the
GBP/USD Potential Bullish Reversal - Cup and Handle FormationGBP/USD is currently on the verge of the lower boundary of an upward channel and forming a Cup and Handle pattern, indicating a potential bullish reversal. The entry point may occur after the price successfully breaks and retests the SNR level at 1.23113.
Technical Analysis:
-The Cup and Handle pattern is forming, signaling a potential bullish reversal.
-The price is approaching the lower boundary of the upward channel.
-SNR level at 1.23113 is a critical point for breakout confirmation.
Trade Plan:
-Entry Point: Wait for the price to break and retest the SNR level at 1.23113.
-Stop-Loss: Place a stop-loss below the nearest support level or according to your personal risk tolerance.
-Profit Target: Set a realistic profit target, possibly at the next resistance level (1.25497)
Special Considerations:
-Monitor economic news and fundamental factors that may affect GBP/USD.
-Do not hesitate to exit the trade if there are significant changes in market conditions.
GBP/USD next move! up and then down!Hello Traders
Our technical view has been shown in the chart.
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(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GBPUSD Reversal PatternI see a good consolidation phase here on GBPUSD. 1.20 act like a good support zone, we have seen a good breakout and now we are retesting the support zone. GU looks good to continue the uptrend targeting 1.26500, stop is clean break below 1.20
GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
