Pound
💷💵GBP/USD Continues Declines💷💵💷💵GBP/USD Continues Declines.
💷💵Funt is once again turning southward. Without making any significant upward corrections.
💷💵Looking at the technical environment, it's hard to talk about the dominance of buyers here. Everything indicates that there is a higher probability of a continuation of declines.
💷💵The scenario I'm playing out is still unchanged, I still expect the declines to continue, and I expect the price around the support zone in the coming weeks. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💷💵*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
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Tradeplan for Selling GBPUSDAfter hitting top at 50% of the previous rally, the bears have taken charge. Prices are likely to break in upcoming days.
GBPAUD SHORT STRONG SIGNALRed line is a old res and after a sup that was tested several times in 1H time-frame
Orange line the new resistance levels
The long and thin yellow line the most recent resitance
We believe in a short position with our sights are to 1.77336
💷💵GBP/USD Continues Declines💷💵💷💵GBP/USD Continues Declines
💷💵This post is a direct continuation of my last post:
💷💵As you can see, there was an attack on the resistance zone, which perfectly stopped the price from further increases.
💷💵This only strengthened my downward perspective, which I have been writing about for some time now.
💷💵Still waiting for a descent to the vicinity of the 0.382 level of the entire upward wave from the bottom to the current peak.
💷💵Looking at the technical environment. MACD, RSI and the fact that we are under the 50 and 200 moving averages. I have no doubt about the higher probability of my scenario.
💷💵The scenario remains unchanged I still expect to go down near the support zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💷💵*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
GBPJPY SHORTThis is a long term trade as it's on the daily timeframe, and price broke the support zone and price has the higher chance of getting to the resistance zone and sell to 158.670 zone.
Short position for EURGBP + daily resistanceThe orange line is a daily resistance that I use a long time ago.
As we can see RSI already crossed the 50, after a overbought zone, together with MACD we can see after the RSI change the direction MACD had crossed the signal line and also changed it.
And joining these indicators we've the BB where the candles had already crossed the MA, and the BB lower line is moving away from upper line, showing us a great continuation of the downtrend
Analysis of the 4H time-frame is the same, all the indicators are moving in the same direction as 1H tf
GBP/USD:SELL From Resistance Area For A New SHORT Setup GBP/USD still inside a Bearish channel where in the last hours the price has configuration for a new bearish pullback on the resistance area where the FIBO level are placed with the levels 38.2% and 50%.
The stochastic is already in Overbought with divergence.
Today Key events:
USA – Pending Home Sales (MoM) (Nov)
GBPJPY: The Zone on Focus 🇬🇧🇯🇵
GBPJPY is nicely recovering after a strong bearish wave.
On focus is 163.1 - 164.3 area. It is a broken demand zone that turned into supply zone now.
I believe that the market will drop from that.
Patiently wait for its test and wait for a confirmation on lower time frames to short then.
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💷💵GBP/USD Continuation Of Declines💷💵💷💵GBP/USD Continuation Of Declines
💷💵As I wrote in a previous post about the likely continuation of declines:
💷💵I was not wrong.
💷💵My scenario does not change, I still expect a continuation of the downward movement.
💷💵Looking at the technical environment, I see that GBP/USD should not have any major problems with declines.
💷💵The support zone was determined by the 0.382 level of the entire upward wave from the bottom to the current peak.
💷💵The scenario I am playing out is a continuation of declines to the vicinity of the support zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💷💵*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
GBPUSD Mid-Term Bullish BiasHelp me keep on posting by clicking on BOOST! (it's like "liking")
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- WYCKOFF (IS THE KING)
- ETC
GBPUSD Short Position 22.12.24The GBP has formed a lower low in the daily upward trend and can wait for a pullback and enter a short position if a suitable setup is observed.
This Analysis will be updated ...
Sadegh Ahmadi: @SDQ_Crypto
24. Dec .22
(DYOR)
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💶💷EUR/GBP Still Rising💶💷💶💷EUR/GBP Still Rising
💶💷My outlook on EUR/GBP has not changed at all.
💶💷As I perfectly predicted in the previous post the possibility of rises:
💶💷I still believe that the resistance zone marked on the chart is within a few days/weeks range
💶💷The technical environment is very much supportive of an upward perspective. Looking at the fact that we are above the 50 and 200 moving averages and the MACD and RSI are generating pro-growth signals. I have no doubts about the higher probability of upside.
💶💷The scenario I am playing out is a continuation of the upside to the vicinity of the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💶💷*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
GBP/USD:SELL From FIBO Levels Resistance For A New SHORT ⚡️GBP/USD after reaching our yesterday target the price is still inside a Bearish channel and we are looking for a new possible pullback on the lower side of the market to close the Christmas rally. Important will be today the Key events:
USA – Core Durable Goods Orders (MoM) (Nov)
USA – Core PCE Price Index (MoM) (Nov)
Canada – GDP (MoM) (Oct)
USA – New Home Sales (Nov)
We are Looking for a new SHORT setup here.
GBPUSD: Important Breakout 🇬🇧🇺🇸
GBPUSD broke and closed below a key daily structure support.
The broken structure turned into resistance now.
The pair will most likely drop from that at least to 1.195 support.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
💷💵GBP/USD Where Do We Fall?💷💵💷💵GBP/USD Where Do We Fall?
💷💵This post is a direct follow-up to my previous post in which I wrote about the possibility of a new downward wave:
💷💵As you can see, we are continuing to fall without any major obstacles.
💷💵I am still waiting for a real downward impulse to start.
💷💵I believe that over the next few weeks the direction as it has been taken in recent weeks will be maintained.
💷💵The support zone I expect the price to reach is around the 1.16 price level, where there is a cluster of multiple fibo levels. 0.382 wave from the low of 25.09.2022 to the current peak. The second level of the 1.272 wave from the bottom of 2001 to the peak of 2007. The level of the 0.886 wave from the bottom of 1985 to the peak of 1992.
💷💵The resistance zone is located around the recent bullish attack attempts.
💷💵Looking at the technical environment MACD, RSI I have no doubts about the continuation of the declines.
💷💵The scenario I am playing out is declines to the vicinity of the support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💷💵*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
GBP/USD:SELL From 61.8% FIBO Bearish Channel SHORT Setup ⚡️The British Pound, following our yesterday forecast it's inside a bearish channel in the lower timeframe and a narrow/ sideways area in the higher. The price had a double rebound on the 61.8% Fibo inside the channel and today the US economic news may be crucial for all the pairs against USD to understand the next movement for the end of the year.
Key events:
Canada – Core CPI (MoM) (Nov)
USA – CB Consumer Confidence (Dec)
USA – Existing Home Sales (Nov)
USA – Crude Oil Inventories
POUND DOLLAR ARE WE GOING UP????Noticing a lot of accumulation on LTF H & S on Lower and now 1hr TF. Based off HTF patterns BULLS are coming.WHAT ARE YOUR THOUGHTS?????? BULLS or BEARS?
💷💵GBP/USD Silence Before Decline💷💵💷💵GBP/USD Silence Before Decline.
💷💵This post is a direct continuation of my previous post:
💷💵As you can see the Pound has not found as much strength as the Euro and there has been no attempt to attack north as with EUR/USD.
💷💵It looks to me more like waiting for a new downward impulse.
💷💵The support zone remains unchanged.
💷💵Looking at the technical environment, I don't think we have found the strength to go up.
💷💵As of today, my outlook has not changed, I still expect a continuation of the medium-term downtrend.
💷💵The scenario I am playing out is a continuation of the declines to the previously defined support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
GBP/USD:SELL Price Inside Bearish Channel For A New SHORT SetupGBP/USD yesterday reached our Take profit following our forecast, today the price is still inside a Bearish channel and our Idea continues to see the Pound Weak to the USD. Today will be crucial to understand the main scenario with the release of US Building Permits and Housing Starts. Our forecast is about a new Short Impulse.
💷💵GBP/USD Continued Declines💷💵💷💵GBP/USD Continued Declines💷💵
💷💵Since the declines that took place on 15 December, GBP/USD is still holding below the resistance zone marked on the chart.
💷💵There is an evident lack of upside strength and buying interest.
💷💵The support zone remains unchanged.
💷💵I expect that over the next few weeks a move up to the 1.16 area is very possible.
💷💵Looking at the MACD and RSI I have no doubts about the price direction.
💷💵The scenario I am playing out is a continuation of the decline. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
💶💷EUR/GBP Heading North💶💷💶💷EUR/GBP Heading North.
💶💷After the huge rise that took place on 15 December.
💶💷EUR/GBP steadily holding around the 0.236 level of the entire downward wave.
💶💷The nearest resistance is around the 0.382 level of the entire downward wave.
💶💷Support zone remains around the last bottom
💶💷Looking at the technical environment MACD, RSI and the fact that we are above the moving averages. I have no doubts about the continuation of the upward movement.
💶💷The scenario I am playing out is a continuation of the upside to the vicinity of the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
GBPUSD 4H: 14/12/2022
As it's clear, price had a bearish reaction after reached to dayli resistance.
Now price can downward from here or move up till dayli demand zone and then start bearish move.
We should see the confirmation on the lower time frame.
💡Wait for update!
🗓️07/12/2022
🔎 DYOR
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