GBPUSD H1Hi traders, GBPUSD is setting up for a upside move i am looking price action on gbpusd for a long position opportunity GOOD LUCK.
Gbpusdh1
GBPUSD H1Hi traders, GBPUSD is setting up for a upside move watch price action on lower timeframe m15 or m5 and look for a long position opportunity, trade with your according strategy this is just a scenario and i would love to be wrong GOOD LUCK.
GBPUSD H1Hi traders, GBPUSD is setting up for a upside move watch a sharp breakout and look for long only if breakout GOOD LUCK.
GBPUSD Hello traders. The uptrend line is broken. In the daily time frame, -HD is formed. After the respective floor is broken, the price will fall to the previous floor. Are you agree?
GBPUSD H1 TIMEFRAME ANALYSIS (BUY)We consider buying this GBPUSD pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
GBPUSD H1 TIMEFRAME ANALYSIS (Buy)We consider buying this GBPUSD pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
GBPUSD H1 TIMEFRAME ANALYSIS (SELL)We sell this pair because of the strong resistance above. Our entry and exit levels have been shown on the chart. This is more than an institutional analysis. We know what we are doing and we do what the market is doing. Invest wisely. Wish you more success.
Analisa Trading GBPUSD EXPANSION H1 CHARTAnalisa pair Gbpusd dapat koreksi di liat dari H1 Grafik ..
GBPUSD closure in key zoneGU has continued downwards momentum, we have closure below key zone with a retest happening indicating a intraday entry. looking to target previous lows as TP areas.
GBPUSD continuationGBPUSD dipped on MLK day probably due to no banks in the market however, its respecting bullish fibs. ITs showing nice H4 rejection of the zone and was a H1 correction. We could now see impulsive moves higher to make new highs in the market.
GBPUSD Double bottom at Key ZoneGBPUSD has made a double bottom structure at Daily support and we have a structure break of the neckline with a MA crossover indicating a bullish volume entering the market.
GBPUSD reversed from resistance, potential drop!
GBPUSD reversed off its resistance at 1.31246 where it could potentially drop further to 1.27253.
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GBPUSD approaching support, potential for a further rise!
GBPUSD approaching support at 1.2957 where it could potentially rise further to 1.3242.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPUSD bounced from support, potential for a further rise!
GBPUSD bounced off 1.23655 where it could potentially rise further to 1.24716.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPUSD Fib PingLooking to take the market up to the highlighted zone following the current market structure and zone rejection lining up with fib reversal zone.
TP 1: -27%
TP 2: -50%-61.8%
GBP/USD plunges amid Brexit newsGBP/USD plunges amid Brexit news
Due to existence of a strong selling pressure in the area between 1.3440 and 1.3450 marks, the cable could not climb higher and was forced to make a rebound. However, as this turnaround matched with news coming from Brussels, the Pound lost more than 100-pips against the Dollar and ended the week at the psychological 1.3300 support level. Today the pair is expected to resume the upward movement, even though it is unlikely to exceed the 1.3380 mark, as this area is reliably secured by the weekly and monthly PP as well as the slipping 55-, 100- and 200-hour SMA. In other words, without another fundamental impulse the pair will be forced to retreat once again. In larger perspective it looks like the Friday’s plunge led to transformation of a medium descending channel into the falling wedge formation.
GBP/USD tests 1.3410 GBP/USD tests 1.3410
In first half of Friday’s trading session the Pound was actively appreciating against the Dollar being fuelled by reports about progress made on Brexit divorce bill. However, once this anxiety ran out and the US posted another set of positive employment data the pair returned back to the monthly PP located at the 1.3372 mark. At the moment, the cable is testing combined resistance level set up by the 55-, 100- and 200-hour SMAs as well as the weekly PP at 1.3415. Unless the rate receives a proper impulse from some news, a rebound is expected to happen. Such scenario also looks more plausible from fundamental perspective due to expectations of the upcoming interest rate hike and adoption of tax bill. However, today a deep plunge is unlikely to happen, as the above monthly PP still represents strong support barrier.
GBP/USD surges to 1.3360 but then retreats GBP/USD surges to 1.3360 but then retreats
On hourly chart the British Pound is continuing to gain value against the Dollar in a two-week long ascending channel. Generally, the cable is projected to continue heading to the top in the above pattern using support continuously provided by the rising 55- and 100-hour SMAs. The ultimate goal is located near the 1.3430 level and presents location of the upper boundary of a long-term dominant descending channel. However, before that the surge of the currency rate is likely to be stopped in the 1.3370-1.3380 resistance area. In case of retreat, strengthening of the buck in unlikely to exceed the 1.3300 mark, as this support zone is backed up by the updated weekly PP and the above 100-hour SMA. Finally, the only macro release, which might cause notable volatility will the US Prelim GDP.
GBP/USD trades at crossroad of two channelsGBP/USD trades at crossroad of two channels
On Friday, after reaching the 1.3250 mark the cable made a sharp turnaround and slipped back to the 1.3180 level. From fundamental point of view, this movement matched with release of better than expected American housing data. But from technical perspective it signified a rebound from an intersection of upper boundaries of two large descending and ascending channels. In this way bears have outlined strong resistance area through which the pair is unlikely to climb without proper upside momentum.
For this reason, the currency rate is expected to make another reversal even though the bottom trend-line of a junior ascending channel provides perfect support for gradual soar. The upcoming movement to the south is additionally supported by the aggregate market sentiment, which is 51% bearish.
GBP/USD spikes to 1.3230 but then dropsGBP/USD spikes to 1.3230 but then drops
A release of better than expected growth rate of the UK Manufacturing Production created an upside momentum that enabled the pair to return back to the 1.3228 level. However, then fears of growing political risk in Britain and Trump’s participation in the ASEAN summit strengthen the buck and dragged the exchange rate to support area near the 1.3120 mark. On the one hand, the further road to the bottom is obstructed by the lower support line and the 23.6% Fibonacci retracement level. However, if the current bearish pressure continues this barrier may not sustain. In that case, the cable is going to test the next support zone lying around the weekly S1 at 1.3090. It should be noted that recovery of the Pound also looks unlikely, due to pressure from the falling 55-, 100- and 200-hour SMAs.
