Gbpusd trend reversel Buying gbpusd now at price 1.12830 We finally closed yesterday trades with 100+ in few hours now today i am seeing a trend reversel sign in gbpusd so we are opening a buy trade nowLongby ManpritSingh07862
GbpusdGbpusd long term sell trade based on pure price action and fundamental news sell it guys and lets make a profit together Shortby ManpritSingh0786887
GBPUSD must defend 1.1360 level to keep bears away on BOE dayGBPUSD grinds lower so far during November, after posting the biggest monthly gains since July 2020. The intraday moves are slightly positive even if the bulls seem to run out of steam ahead of the Bank of England’s (BOE) monetary policy announcements on Thursday. That said, the buyers are safe unless the quote trades beyond the 1.1360 support confluence including the 50-DMA and a lower line of the monthly ascending triangle. Following that, a slump toward October’s low near 1.0920 can’t be ruled out. During the fall, the 1.1000 psychological magnet may offer an intermediate halt whereas 1.0830 and 1.0680 might entertain the bears afterward, before directing them to the all-time low marked in September near 1.0350. Meanwhile, recovery moves could initially aim for the stated triangle’s resistance line, close to 1.1700 at the latest, before challenging the descending resistance line from late May, around 1.1750 by the press time. In a case where the GBPUSD prices remain firmer past 1.1750, the odds of witnessing a run-up toward the 1.2000 psychological magnet can’t be ruled out. It’s worth noting that the 61.8% Fibonacci retracement level of the May-September downside and the late August swing high, respectively near 1.1775 and 1.1900, may act as buffers during the rise from 1.1750 to 1.2000. Overall, GBPUSD remains on a bullish trend and the BOE is also expected to try all the means to regain the market’s confidence. However, it's what they actually and how it is perceived that will determine the Cable pair’s further directions.by MTradingGlobal2
GBPUSDMy idea on GBPUSD is that the general term is still bearish and we may see a possible double top pattern but not symmetrical. My target is the green line - supprot zone. For bullish scenario, I want to see the break of the upper High. Shortby The_Forex_PathUpdated 1
GBPUSD DAILY TECHNICAL ANALYSIS Trading Ideas- Short positions below 01.1733 with targets at 1.0863 & 1.0384 Alternative scenario If price sustain above 1.1733 look for 1.1996 & 1.2295 as targets. Supports and resistances 1.0863 & 1.0384 1.1996 & 1.2295Shortby iigfm210
GBPUSD BUY OPPORTUNITYGBPUSD following the trend channel nicely and looks like a good opportunity to buy and take profit at the nearest swing high, I have opened 2 positions TP1 @ 1.1647 & TP2 @ 1.1728.Longby notsounic115
GBPUSD swing short GBPUSD looking fo short for swng. wait for tap on supppply zonee..Shortby MAYA_LAXMI4
GBPUSD SHORT (Weekly Analysis)I think market need some pullback now, now am looking for short term sell & I have 3 areas for TPs, price will Go higher at Tp2 or tp3 area Shortby SPBRIGHTEN1
GBPUSDGBPUSD idea based on the recent bullish trend with potential retest buy zone. Short only if it breaks the structure.Longby The_Forex_PathUpdated 1
GBPUSD SHORT TRADE GBPUSD looks like a corrective wave about to complete, and approaching the previous swing high can be a good short trade with an excellent RR trade.Shortby abhi26970
GU +++++++++GBPUSD doing the most, my TP was hit and it still continued in favor of my predicted direction. +++++++Longby mzizi.asanda60
GBPUSD upside remains elusive below 1.1400The US dollar’s decline versus most currencies on Friday allowed GBPUSD to bounce off a three-week-old support line. The recovery, however, needs validation from a monthly resistance line, around 1.1400 by the press time. Following that, the monthly high around 1.1490 may act as an intermediate halt before directing bulls towards September’s top surrounding 1.1740. In a case where the quote rises past 1.1740, July’s low near 1.1760 appears the last defense of bears ahead of highlighting the 1.2000 psychological magnet for the buyers. Meanwhile, sellers remain confused unless the quote stays beyond an upward-sloping support line from September 29, close to 1.1060 by the press time. Should GBPUSD sellers manage to conquer the 1.1060 support, a south-run towards the monthly low, currently around 1.0925, can’t be ruled out. Furthermore, the quote’s weakness past 1.0925 could take halts near 1.0760 and 1.0630 before revisiting the record low flashed the last month, around 1.0355. Overall, GBPUSD pares the previous monthly losses but it isn’t out of the woods.by MTradingGlobal3
Clear Short4hrs short 1 hrs order block also hits so we can take short on monday opening Shortby rafikmcx110
GBPUSD BEARISH !!!GBPUSD has formed a head and shoulder pattern and is looking to break from the pattern.A short entry from this point could be good setup.SL above resistance highs.by Punisher00110
Trade idea: buylimit GBP/USD 15MINTrade idea: buylimit GBP/USD 15MIN With this pair we are waiting until we come to are zone. That we can fil in our order block to actually enter the trade. We are in discount zone where that we are looking for buys. Mine opion is that londen has make the low and that newyork will push the price to higher numbers.Longby Iamrdg1110
Trade idea: BUY LIMIT GBP/USD 15MINTrade idea: BUY LIMIT GBP/USD 15MIN With this pair we are waiting until we come to are zone and with we have filled in our order block to actually enter the trade. we are in discount zone where that we are looking for buys. Longby Iamrdg1110
GBPUSD needs to cross and stay beyond 1.1500 to convince buyersGBPUSD seesaws around a monthly resistance line, after successfully crossing the 200-SMA, as buyers await the UK inflation data. In addition to the stated trend line hurdle surrounding 1.1330, the 78.6% Fibonacci retracement level of September 13-26 downside, near 1.1435 and the monthly peak of 1.1495 could challenge the quote’s further upside. It’s worth noting that the pair’s sustained run-up beyond the 78.6% Fibonacci retracement level will need validation from the 1.1500 round figure to give control to buyers. Following that, a rally towards crossing the previous monthly top around 1.1740 can’t be ruled out. Meanwhile, pullback moves are unimportant beyond the 200-SMA level surrounding 1.1280. In a case GBPUSD drops back below the key SMA support, an upward-sloping support line form stretched from September 28, close to 1.1110, will be important to watch. Additionally, a three-week-old horizontal area near 1.0930-20 appears a last defense of the Cable buyers, a break of which could quickly direct the quote towards the 23.6% Fibonacci retracement level of 1.0670 and the September 29 swing low around 1.0540 before highlighting the all-time bottom of 1.0345 flashed the last month. Overall, GBPUSD tries to convince buyers but the road to the north is a long and bumpy.by MTradingGlobal0
GBPUSD lONGGBPUSD still bullish, unless it breaks a strong support mentioned, orelse stay longby Loop_forex0
GBPUSD DAILY TECHNICAL ANALYSIS Trading Ideas- Short positions below 1.1733 with targets at 1.0863 & 1.0384 Alternative scenario If price sustain above 1.1733 look for 1.1996 & 1.2295 as targets. Supports and resistances 1.0863 & 1.0384 1.1996 & 1.2295Shortby iigfm211
GBPUSD Broke the supportNOW GBPUSD broke the support and retested now heading back to topLongby AYRUSR0