Gbpusd sell// shortGU selling 1hr ob Alot of liq on the downside , Double fvg is the target or the two red line Shortby Bang2bang1
GBPUSD: The risk of a price drop lurksThe GBP/USD exchange rate is hovering around 1.2680 on Wednesday as markets seek new impetus from the Federal Reserve (Fed) as investors gradually shy away from high-interest rate cut bets. Data on US Gross Domestic Product (GDP) inflation and Personal Consumption Expenditures (PCE) Price Index will be released this week. Data from the United Kingdom remains sparse this week, with the market focusing on important figures to update expectations of interest rate cuts by the Fed. As a result, GBPUSD is struggling to rise, with both short-term and medium-term corrections indicating a downward trend. The currency pair has already broken below the support level of 1.267. In the event that the next support level at 1.265 is breached, the possibility of a decline below 1.262 is entirely plausible as there will be no significant support points to prop up GBPUSD.Shortby RKarinaUpdated 12
GBPUSD : Slight discount !The GBP/USD pair broke free from the recent low around 1.2620 and rebounded to 1.2660 at the start of Thursday's Asian trading session. The demand for the US Dollar (USD) weighed heavily on the GBPUSD pair ahead of a significant event in the United States. Investors are currently awaiting the release of the US Personal Consumption Expenditures (PCE) Price Index for January at the end of the day, hoping for fresh momentum.by RKarinaUpdated 17
GBP/USD: maintain good growth rateThe GBP/USD pair continues its upward momentum below the psychological barrier of 1.2700 in the early Asian trading session on Tuesday. The FOMC minutes indicated that the Fed has reaffirmed its data-dependent approach, leading to a more dovish outlook. This has weighed on the US Dollar (USD) and created a favorable environment for this currency pair. At the time of writing, GBP/USD is trading at 1.2685, up 0.02% for the day. My expectation is that the price will continue to rise after finding support at the 34 and 89 EMA levels.by RKarinaUpdated 8
GBPUSD 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 Smart Money 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 Markets can be Unpredictable, research before trading. Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!! by PhinicsUpdated 10
GBPUSD ShortFX: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 Smart Money 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 Markets can be Unpredictable, research before trading. Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!! Shortby PhinicsUpdated 15
GBPUSD bulls keep the reins despite latest inactionGBPUSD stays defensive above 200-SMA after posting the first weekly gain in four, making rounds to 1.2680 early Tuesday. In doing so, the Cable pair defends last week’s upside break of the key SMA support, around 1.2660 by the press time, while also edging higher past a one-week-old rising support line, close to 1.2645 at the latest. Not only the pair’s ability to stay beyond the key SMA and an immediate support line, but an absence of the trend-negative oscillators also keeps the Pound Sterling buyers hopeful. It’s worth noting, however, that the quote’s sustained trading beneath 1.2645 will defy the bullish bias and make it vulnerable to aim for the monthly low surrounding 1.2520. On the other hand, the 1.2700 round figure guards the immediate upside of the GBPUSD pair amid a lack of major data/events, as well as due to the cautious mood ahead of today’s US Durable Goods Orders. That said, the Cable buyers target a downward-sloping resistance line from late December 2023, near 1.2740 as we write. In a case where the Pound Sterling manages to stay firmer past 1.2740, the yearly high of near 1.2785 and the late 2023 peak of 1.2830 will test the upside momentum targeting the 1.3000 psychological magnet. To sum up, the GBPUSD pair’s latest performance appears less important for the bears as far as the price stays beyond the key SMA and the short-term support line.by MTradingGlobal0
GBPUSD: stable daily recovery streakHello dear traders, today GBPSUSD continues its winning streak during the recovery process, with trading levels around 1.266 and remaining within an upward price channel with stability. It is expected that the price will continue to recover after the correction phase and reach the lower limit of the ascending channel, while also testing the EMA 34 and 89.Longby RKarinaUpdated 18
GBPUSD: A SHORT TRADEthe asian range high and the low has been marked the price in the london session in the 15 min time frame has sweeped the asian high and made a change of character from bullish to bearish in the 1 min time frame so the target is going to be the asian low risk: the market structure in the 15 min and the 1 hour time frame has been bullish so going short means going against the trendShortby thewiz031
Analysis of GBPUSDChart Analysis: As per weekly timeframe, it has made a 'Bullish Engulfing' pattern after three consecutive bearish weeks taking support in the pivot line of '1.25566', with RSI above 50 and mildly rising, and above 10 and 20 DEMA. But keeping in mind, there is a rejection around '1.27100' level. Technical Analysis Hawkish stance from BOE, and good monthly numbers favoring USD makes it a tug of war this week. Conclusion We can expect a retest of '1.27100' level, above that next crucial level is at R1 of Pivot line at around '1.26900' level and anything closing below the 10 & 20 DEMA on the daily timeframe can drag it to the bearish zone as it is trading in the mid area of Bollinger Bands and there is no spike in Volumes. Probability of upside to downside - 70:30Longby ProsNJit100332
Dominant break out and retest and order block Dominant break out and retest and order block So buy zoneLongby kamlesh007000
GBPUSDHello everyone, it's RKarina here again. Overall, GBPUSD continues to trade in an upward trend. So, what factors are driving this upward momentum? Today, the GBP/USD pair achieved modest gains above the 1.2600 level in the early Asian trading hours on Friday. The decline of the US Dollar provided some support for the major currency pair. Currently, GBPUSD is operating near the resistance level of 1.2700, with dynamic support around 1.2680 before 1.2650-1.2660. However, to ensure the safety of your trades, we have recommended a significant support zone around this area, which also coincides with continuous price reaction. When reaching that entry point, we can prioritize buying with an expected increase of 1.3500 and 1.3800.Longby RKarinaUpdated 11
Gbpusd short ,bearish 1:2 , short Breaker entry type Asian high taken out and liq engineered below Tp till 1hr ob or to the trend liquidityShortby Bang2bang0
GBPUSDMY analysis is already playing out I'm super excited and super grateful for this this is my time. VHT your mentor signing out Long01:59by Victor_Hunter_Turner1
GBPUSDDear Friends See the GBPUSD Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel to get the Instant Notification of Every New Analysis.by FXGLOBEX229
GBPUSD: A LONG IDEAthe 1 hour price has been bullish and the price currently is in the 1 hour discount the 15 asian range has been sweeped and the 1 min tf price has changed from bearish to bullish so anticipating the price to move up until the asian high at the leastLongby thewiz031
GBPUSD Trade IdeaGBPUSD may present a sell setup soon, precise entry and confluences will be released when the trade is valid. by quantxxUpdated 67
gbpusd : A SHORT IDEAthe asian range high and low has been market before the london session. the 15 min tf price just sweeped the asian high after the sweep there was a 1 min choch in the short side so from there a short position was taken after the price retraced to an fvgShortby thewiz031
a good breakout failure peobability in gbp/usdTrading GBP/USD in a range-bound market entails identifying key levels of support and resistance where price tends to fluctuate. When waiting for a second breakout attempt to fail, particularly on the upside, before entering a trade on the downside, a strategic approach is essential. Here's a description of this trading strategy: In a range-bound GBP/USD market, traders observe the currency pair oscillating between established support and resistance levels. These levels represent barriers that price struggles to breach convincingly. The objective is to capitalize on the market's tendency to revert to the mean within this range. Firstly, traders identify the upper and lower bounds of the range through technical analysis, such as plotting trendlines, Fibonacci retracements, or pivot points. These levels serve as reference points for potential entry and exit points. As price approaches the upper boundary of the range, traders remain vigilant for a breakout attempt. A breakout occurs when price surpasses the established resistance level, suggesting potential upward momentum. However, experience shows that initial breakouts often fail to sustain, especially in range-bound markets. Rather than impulsively entering a long position on the first breakout, traders exercise patience and wait for confirmation. They closely monitor price action following the breakout, looking for signs of rejection or inability to maintain upward momentum. If the initial breakout fails, indicated by a swift reversal or inability of price to hold above the resistance level, traders prepare to enter a short position. This failure to sustain the breakout signals a potential shift in market sentiment and the likelihood of a reversal back into the established range.Shortby jadhaodipak9992
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. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.Shortby okako_trading3
GBPUSD TRADING PLAN & ENTRY AREAFollowing the recent GBP fundamental data showing that the weakening and worsen condition of their currency, it will be a good time to short this pair. The change of structure confirmed through technical as well when the distribution phase (sideways) was formed and broken. However, we still need to be cautious as there's a lot of mix data for the US economy. Nonetheless, as always, USD always finds a way to strengthen when we thought that it should be otherwise. -HazShortby haekalalattas110