GBPUSD Buy Trade SetupHey guys here is the GBPUSD buy trade setup please go through your analysis Longby Revanth217
GBPUSD sellers should keep eyes on 1.2760 and UK PMIGBPUSD marked the first weekly loss in three while slipping beneath the 100-SMA and an upward-sloping support trend line stretched from late June. Adding strength to the downside were bearish MACD signals and the RSI line’s reversal from the overbought territory. However, the MACD teases a bull cross as the RSI hovers around the oversold territory, which in turn suggests a corrective bounce in the Cable price. The same highlights a convergence of the 200-SMA and a two-month-old rising trend line, close to 1.2760 as the key level to watch as traders await the UK PMIs for July. In a case where the Pound Sterling drops below the 1.2760 support, the odds of witnessing the quote’s slump towards the late June swing low of around 1.2590 can’t be ruled out. However, the June start swing high of around 1.2550-45 and 78.6% Fibonacci retracement of its May-July upside, near 1.2480, can test the bears before directing them to the May month’s low of around 1.2310. Meanwhile, a convergence of the 100-SMA and the previous support line from late June, close to 1.2870 at the latest, restricts the immediate upside of the GBPUSD pair. Following that, the 1.2960 and the 1.3000 psychological magnet may challenge the buyers before giving them control. In that case, the yearly high marked earlier in the month of around 1.3145 will be in the spotlight. Overall, GBPUSD is likely to witness further downside but it all depends upon the UK data and 1.2760 break.by MTradingGlobal2
GBP USD down side movement possibleGBP USD down side movement possible Sell below the 1.28126 Stoploss 1.29079 Target 1.26292Shortby tradewithmev0
GBPUSD BULLISHcup and handle pattern found in gbpusd...traget and sl is there u can analysis and entr your selfLongby SATHAYAM_ACADEMYUpdated 224
GBP USD upside move possibleGBP USD upside move possible Buying above the 1.28923 Stoploss 1.28718 Target 1.31057Longby tradewithmev1
long gbpusdat the support level after the breakout. looks good for a bounce from here. Longby anshuman_050
GBPUSD 4 Hour Analysis (20 July 2023)GBPUSD 4 Hour Analysis (20 July 2023) 1. Price is in divergence with Stochastic 2. Also, we can expect some bullish moves based on stochastic oversold area and also having a bullish divergence in stochastic 3. next for bullish confirmation we have to wait for the price to cross the 0.382 level 4. For bearish entry, we need to wait till the price crosses 0.5 level and also for this we can wait and take values from ADX/DMILongby rahuldas185981
UK inflation and 1.3170 need to vouch for GBPUSD bullsGBPUSD extends pullback from a 15-month high, marked the last week, as it awaits the UK’s headline inflation data for June, per the Consumer Price Index (CPI) gauge. The pair previously cheered the US Dollar weakness to refresh the multi-month high before the fears of British recession weighed on the prices. The upside momentum also took clues from a clear break of a downward-sloping resistance line from May 2021 and the 200-week SMA. However, the overbought RSI highlights a horizontal area comprising multiple levels marked since December 2021, near 1.3170, as the immediate key hurdle to cross for the Cable buyers to keep the reins. Following that, the pair’s run-up toward the January 2022 low and 78.6% Fibonacci retracement of its May 2021 to September 2022 downturn, respectively near 1.3360 and 1.3440, can’t be ruled. On the contrary, downbeat UK inflation data and a failure to cross the 1.3170 resistance can trigger the GBPUSD pair’s pullback toward the 1.3000 psychological magnet before highlighting the 200-week SMA support, close to 1.2885 by the press time. In a case where the Pound Sterling falls below the 200-week SMA, the previous monthly low of around 1.2760 and the broad resistance-turned-support line, near 1.2520, will be in the spotlight for the pair sellers. Overall, GBPUSD bulls are near the testing point as the UK inflation data looms.by MTradingGlobal1
GBP USD down side movement possibleGBP USD down side movement possible Sell below 1.30447 Stoploss 1.31481 Target 1.28471Shortby tradewithmev4
GBPUSD BullishGetting buys off confirmations DO NOT TAKE MY ANALYSIS they are for personal recordsLongby AlphaGamby1
GBPUSD BullisshGot caught in liquidity grab after setting this limit,overall not too bad DO NOT TAKE MY ANALYSIS its for record purposes Longby AlphaGamby1
GBPUSD BullishGot entry off of my confirmations TP was missed and we got hit around BELongby AlphaGamby6
GBPUSD short term analysishi from the chat we can conclude that the market shift to bearish in 1 hr time frame and we can capture some entries in LTF in 5m with some good conformation follow for moreLongby Arik2402111
mentioned pair will gothe currency pair will go to my marked pips, so you may stay positive if you have long positionLongby BhubaneswarTrader0
Prevision GBPUSD avant fin juilletHey voilà ma prévision selon pour GBPUSD. N'hésiter pas à me donner vos avis.by jy9710
Chart pattern: Head and Shoulders (H&S)The Head and Shoulders, from now on referred to as H&S, is a chart pattern used in technical analysis of stock markets. It is a pattern that indicates a reversal, signaling the end of a trend and the beginning of a new trend in the opposite direction. It is one of the most important and widely used patterns due to its high reliability and the number of required implications. However, this does not mean it is infallible, as its success rate is around 70%. Regarding its potential projection, if the price breaks below the support line after the formation of the Right Shoulder (RS), the range between the maximum price of the Head (H) and the support line is measured. This distance is then applied to the breakout point, as shown in the image, to obtain the minimum pattern projection.Educationby JRiquelmeTradingUpdated 16
GBPUSD Bullishgot this Gu buys off of my confirmations, and we hit TP due to CPI news Do not take my analysis they are for record purposesLongby AlphaGamby4
GBPUSD to 1.265 Channel top with incomplete swing RSI Divergence 3rd swing to hit the bottom channel boundary pending Stop at 1.301 Shortby invance2
GBPUSD renews multi-month high near 1.2900GBPUSD printed the first weekly gain in three after the US Dollar’s fall post-NFP. Following that, the Cable pair crossed the 1.2850 resistance, as well as defy the bearish triangle to rise to the highest level since April 2022. It’s worth noting that the bearish RSI divergence, where the price made a higher high but the indicator marked a lower high, suggests a lack of bullish momentum. However, the sellers need to confirm the bearish triangle break by slipping beneath the 1.2680 support, as well as witness downbeat UK employment data. Following that, the early June swing high of around 1.2550, the 100-DMA level near 1.2420 and May’s low near 1.2310 can act as intermediate halts before directing the quote toward the theoretical target of the bearish triangle, namely the 1.2140 level. Meanwhile, a clear upside break of the 1.2850 hurdle on the daily closing basis becomes necessary for the GBPUSD upside toward the 1.3000 psychological magnet. It should be noted that the UK employment report needs to back the upside break of 1.2850 to keep the Pound Sterling buyers hopeful. Following that, a slew of supports and resistances marked between December 2021 and April 2021 highlight the 1.3150-60 region as the key challenge for the pair buyers. Overall, GBPUSD is likely to return to the bear’s radar after a few weeks of absence. Though, the fundamentals need to back the Cable sellers.by MTradingGlobal3
Predilection on the GBPUSD Hey guys, I'm new in trading look at my prediction for the GBPUSD currency until the 20-25 max. Feel Free to give me your guys feedback. Shortby jy9713
GBPUSD my prediction.Analysis for GBPUSD: 10th july Liquidity: internal liquidity : N/A external liquidty: yet to taken on the buyer side Volume profile: D shape VWAP : weekly Above fair value : close to +2 Propable move: Buy side once it reaches the black dotted lines. But can only predict after confirmation. Take your own risk. Analysis may be different in pov for market makers. I have plotted 4 scenarios (arrows) based on my own analysis. : We have 1. Gbp unemployment rate 2. Inflation rate usd by Piphunter0010
GBPUSD 1:4 Trade Personally, I am Thinking of Going Short on GBP/USD Because GBP is looking Bearish Fundamentally and USD is also Looking Bullish Fundamentally Shortby shikhargupta0671
GBPUSD possibility for up coming weekDear Trader gbpusd possibility for up coming week . SO YOU SET YOUR Trade Plan With Stop Loss So enjoy the week The Sl by uniquemailus1231