GBPUSD.P trade ideas
GBPUSD bulls run out of steam on BOE-inspired Super ThursdayBe it a one-month-old rising wedge or the overbought RSI conditions, GBPUSD shows it all to suggest that the bull’s reign is near to end. However, a sustained trading below the 1.2330 support, comprising the lower line of the aforementioned rising wedge bearish chart pattern, becomes necessary for the seller’s entry. Even so, the 200-DMA level surrounding 1.2100 could challenge the bears. Following that, a downward trajectory towards the 1.2000 psychological magnet and then to September’s peak surrounding 1.1740 can’t be ruled out. It’s worth noting that the rising wedge confirmation signals a theoretical target of around 1.1000.
Meanwhile, the upper line of the stated wedge, close to 1.2550, could act as an immediate upside hurdle to watch during the Cable pair’s further advances. In a case where the GBPUSD bulls defy the bearish chart pattern by crossing the 1.2550 hurdle, the 78.6% Fibonacci retracement level of the pair’s south-run from late March to September, near 1.2675, could lure the buyers. It’s worth noting that the mid-March low close to the 1.3000 psychological magnet and late March swing high near 1.3300 will be in focus if the quote remains firmer past 1.2675.
Overall, GBPUSD is up for further downside as the BOE looms. However, a surprise hawkish outcome could allow the bulls to have a few more happy days.
GBPUSD Down Trend.!#GBPUSD Looking for Sell trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
Thank You.!
GBPUSD BULLS ARE HERE TO STAYHi Guys, the bulls have grabbed all the liquidity needed to push the price higher, all I am looking for now are buy opportunities all the way. Good luck guys
GBPUSD 2022/12/05 potential short opportunity H4 Divergence acting as a trigger event.
H1 Bearish in Market structure. Currently at a lower low. There is a 50% Fib level that can be monitored for potential entries.
A M15 change of market structure upon the tap into H1 Fib levels will validate the trade entry.
Forex analysis GBPUSD 15-30 MINThis all is only education purpose i am not force u to take trade all the best good luck
GBPUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame 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. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
GU ANALYSISFOREXCOM:GBPUSD
Hello traders , here is the full multi time frame 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. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
Bullish on GBP / USDIf you're trading in the foreign exchange market, then you'll want to keep an eye on the GBP/USD pair. The pair has been looking very bullish lately, and it looks like it could be on the rise. This is good news for those who are looking to make some profits in the Forex market. The GBP has been steadily gaining strength against the USD, and this could mean that there are some big opportunities for those who are paying attention. Of course, it's always important to do your research before entering any trades, but this could be a great time to get in on the action! The GBP/USD pair looks like it could be headed for some big gains in the near future, and we can't wait to see what happens.
GBPUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame 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. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
Cup shape like structure formedShape fo15mins & 1hour candles - Let's see how the cup pattern gonna work for intraday bullish cup with UK & US time functions.
#GBPUSD it's possible to buy#GBPUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance
Why we like it:
Price is trading in nearby 4hr support area
Waiting for bullish candlesticks formed
possible to move the next resistance area
waiting for retracement
1st support:
1.13160
Next Zone area & horizontal swing Low support
1st Resistance
1.25646
Zone area & horizontal swing high resistance
GBPUSD LONG POSITION AND SHORT-TERM SELLGood day guys, there is a good long coming up ahead today, I've been waiting for a buy continuation since yesterday
GBPUSD SELL RE-ENTRY ZONEHello guys, I'll be looking to sell again for the last push "hopefully" to the downside.
GBPUSD DAILY TECHNICAL ANALYSIS Trading Ideas-
Long positions above 1.1642 with targets at 1.2342 & 1.2658
Alternative scenario
If price goes down 1.1642 look for 1.1404 & 1.1149 as targets.
Supports and resistances
1.1404 & 1.1149
1.2342 & 1.2658
GBPUSDFirst buy area is invalid, on to the next. This buy area is just below the 50% fib level, even better then the first one
#GBPUSD it's possible to buy#GBPUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance
Why we like it:
Price is trading in nearby 4hr support area
Waiting for bullish candlesticks formed
possible to move the next resistance area
waiting for retracement
1st support:
1.13160
Next Zone area & horizontal swing Low support
1st Resistance
1.25646
Zone area & horizontal swing high resistance
GU selll looking for GU sell for next week ,
i will wait till liquidity huf and BOS for sell for 2-3 days .
#GBPUSD it's possible to buy#GBPUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance
Why we like it:
Price is trading in nearby 4hr support area
Waiting for bullish candlesticks formed
possible to move the next resistance area
waiting for retracement
1st support:
1.13160
Next Zone area & horizontal swing Low support
1st Resistance
1.25646
Zone area & horizontal swing high resistance
GBPUSD bulls run out of steam as 2022 is near to endGBPUSD posted the biggest monthly gains since mid-2020 in November. However, the latest bullish trajectory appears doubtful as the pair stays beneath a one-month-old previous support line. That said, the 50-SMA restricts the pair’s immediate downside near 1.1985. Following that, the 100-SMA level surrounding 1.1860 could act as the last defense of the pair buyers before directing bears towards the 50% Fibonacci retracement level of November 04-24 upside, near 1.1650.
Meanwhile, the upside break of the stated support-turned-resistance line, around 1.2190. Although the RSI conditions may turn overbought and challenge further advances near 1.2190, a successful run-up won’t hesitate to aim for the August month’s high near 1.2295. It should be noted that the GBPUSD pair’s sustained trading beyond the 1.2300 round figure should give a free hand to bulls targeting the mid-2020 peak surrounding 1.2665, with 1.2405 likely acting as a buffer.
