empty
 
 
Back Technical analysis
analytics6a1467f976a8b.jpg
Back Technical analysis
GBP/USD – Smart Money Analysis: The British Pound Is Not Willing to Wait for the Euro
Last week, the GBP/USD pair declined
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
Last week, the GBP/USD pair declined into bullish imbalance 18, reacted to this pattern, formed a Bullish Engulfing candlestick pattern, and then returned to bearish imbalance 19. As of Monday, everything suggests that the bearish pattern will be invalidated, which is exactly what we need. There was no reaction to imbalance 19, which itself can be considered a signal. Thus, the market has recently produced two bullish signals, one of which allowed traders to open new long positions.Without question, the
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Grigory Sokolov
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback