GBPUSD: Another Bull Push!Dear Traders, hope you are doing great, we have update on GBPUSD, price is still in bullish range. View on DXY is bearish alongside GBPUSD has formed AB=CD pattern indicating a further upward movement.
About British Pound / U.S. Dollar
GBPUSD, often referred to as “The Cable”, a foreign exchange term used to describe the British pound vs the US dollar, is one of the oldest traded currency pairs. In July of 1866, after an earlier failed attempt, the first reliable exchange rate between the British pound and the US dollar was transmitted between the London and New York Exchanges. Optic fibre cables accompanied by satellites handle the Transatlantic communications today.
HelenP. I British Pound can make a movement down and bounce upHi folks today I'm prepared for you British Pound analytics. A few days ago price bounced from the 1.2685 support level, which is located inside the support zone, and made a strong impulse to the 1.2950 resistance level. Also then, the price broke the 1.2950 level too and rose higher even than the r
GBPUSD Multi-Timeframe and Order Flow Analysis ! Hello Traders, here is the full 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. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfie
GBPUSD ____ TRADE IDEA FOR DAY TRADERSHello Day Traders,
What you can see is a sell setup on GBPUSD... Looking at the daily timeframe, you would notice that this pair is bearish in structure... Although the bullish rally is drawing closer, it is always advised you trade what you see not what you want the market to do.
The daily chart
Hellena | GBP/USD (4H): Long to resistance 1.28783.Dear colleagues, I assume that the price will break out of the channel and reach the resistance target at 1.28783. This is the first target along the path of the impulse wave 3.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
US Dollar escalates as risks spin and pound strugglingGBP/USD reached a low of 1.2685, just above the historical breakpoints of 1.2670-1.2680, which could act as support. Further support may be found at 1.2620 and 1.2590, coinciding with the 100-day SMA. The price is above the 55-, 100-, and 200-day SMAs, indicating positive long-term momentum.
Howev
GBPUSD - BUY Yester I mentioned that GBPUSD may come to mitigated this demand or rise from where it was, I can see it went up and not mitigating this area, expecting the bulls to start coming in
Short GU mid term
Mid term GU breaked down up trend + tested?
May be up for stop hunt at 1.3 for completed head and shoulder on Daily.
Wait for it...Grab this big sell
starting the uptrendIt is expected that the price will move according to the specified path and then the beginning of the uptrend will be formed
If the price can cross the support range, we will witness the continuation of the downward trend
#GBPUSD | Sell Potential 2.46 RR#GBPUSD | Sell Potential 2.46 RR
| Targets On Chart
We have a potential reversal now up on hitting a key resistance and considerably overbought. It appears to be breaking down from the channel and also broken the RVD trendline.
See all ideas
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