GBPUSDGBPUSD looked proimising, hovewerr price reversed and aim for a higher interest , was stopped out on this position. But you can see, on Tuesday low of the week was formed.Shortby Tilen_FX2
ANALYSIS UPDATEInteresting week ahead of us, many analyses played out already and some unfortunately not. However it is still only Tuesday, just wanted to post a video to get through the charts with you and share my thoughts. Have a good day ahead and trading week, will update you at the end of the week and in the mean time I will be monitoring the positions. T18:31by Tilen_FXUpdated 4
GBPUSD View!GBPUSD stretches toward the July 27 high and 1.3000 level The GBPUSD continues to stretch to the July 27 hi target at 1.2995. That is just short of the natural resistance at 1.3000. The high just reach 1.29898. There should be willing sellers/profit taking against that level with stops on a move above. Risk is low against the dual technical levels.Longby FXBANkthe80550
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.Longby okako_trading99
GBPUSD - Weekly AnalysisIt may give a pullback to 1.28951 and go up. If it is not giving pullback, it may break 1.29946 and continue to go up. Do not expect to give pullback because of strong uptrend. If pullback / sell - These confirmation required to go for sell - double top, Candle confirmation and rejections - Trail SL. Based on economic data also we have to decide the bias. Longby thorrrrr1
Gbpusd longHii traders... This is GBPUSD chart, overall the price is in upward direction. Its going to break the level of resistance and will hit the target level of ~1.31298 S.L. should be below the resistance level. All the best 👍 Longby dikshachangotra0
GBPUSD: A RECAPThe 4 hour time price action had been making higher highs and higher lows indicating strong bullish nature as there were imbalances as it went up For it to further go up it needed liquidity, so the market collected the 1 hour liquidity low and then made a trend line break and change of character indicating the continual of the trend the targets have been placed based on the previous highs because these are the areas of high liquidity and these possess the power to cause a reaction and affect the trend. I actually missed this trade as I was looking at USDJPY and EURUSD at that time for trade opportunitiesby VitalismTraders8
GU Intraday Bias [Jul9]Ideal Scenario is price rejecting this rejection block in London and having continuation on NY with PDL as the DOL. We can enter at any 15M premium PD arrays, if price retraces before spooling towards PDL as it's shor term (today's) DOL. This is the scenario, that's aligning with DXY.by Slim_Shady_anonymousUpdated 110
GBPUSD SETUP TRADE WIH 1:5 RISK REWARDGBPUSD SETUP TRADE WIH 1:5 RISK REWARD A good selling setup detected on GBPUSD It's showing a BEAR MOVE due to these reason 1. It's following THE 60 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy BEARISH pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram GBPUSD SETUP TRADE WIH 1:5 RISK REWARD A good selling setup detected on GBPUSD It's showing a BEAR MOVE due to these reason 1. It's following THE 60 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy BEARISH pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataramShortby tradergyan019
GBPUSD LONG VIEW INTRADAY!Nasdaq green, S&P 500 inches up, Dow slips Tech leads S&P 500 sector gainers; Comm Svcs weakest group Dollar ~flat; crude, gold off decline; bitcoin ~flat U.S. 10-Year Treasury yield unchanged at ~4.27% UBS SAYS PRESIDENT BIDEN NOW HAS 10% CHANCE OF WINNING AND SWEEPING CONGRESSLongby FXBANkthe80551
GBPUSDAs posted in the latest video I recorded, I have been waiting for price to come into that sell zone, it just came in and started dropping from it. If we go now on 15min (right picture ) , we can see also that flip happened. Ideally would be to see a nice pull to the downside and then price retracing back into the London session or NY. And as Tuesday is tomorrow, we can expect to see the High/Low of the week on many pairs. Note: Identifying weekly Highs, Lows can help you decide what positions to hold onto. Shortby Tilen_FX1
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.Longby okako_trading13
GBPUSD SHORTFOREXCOM: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 4
GBPUSD pokes key upside hurdles as UK/US PMI, Fed Minutes loomGBPUSD struggles to defend the five-day uptrend early Wednesday as traders await key activity numbers from the UK and the US, as well as Minutes of the latest Federal Reserve (Fed) monetary policy meeting. It’s worth noting that the US Dollar’s weakness past Fed Chair Jerome Powell’s speech propelled the quote’s previous rebound from a two-month-old horizontal support, enabling buyers to poke the 100-bar SMA. Also underpinning the upside bias are the firmer RSI conditions and the bullish MACD signals. However, the 100-SMA’s bearish cross of the 200-SMA, known as the death cross, challenges the Cable buyers unless crossing the broader moving average, namely the 200-SMA hurdle of 1.2715. Following that, the mid-June swing high of around 1.2740 and 1.2800 become imminent targets for the Pound Sterling buyers before aiming for the previous monthly high of around 1.2860. Meanwhile, GBPUSD sellers need firmer US data and hawkish Fed Minutes, as well as a successful break of the aforementioned two-month-old horizontal support surrounding 1.2610-15. Following that, the Cable bears will aim for the 1.2550 and the 1.2500 thresholds ahead of challenging May’s bottom surrounding 1.2445. It should be observed that the Pound Sterling’s sustained weakness past 1.2445 will make it vulnerable to challenge the yearly low marked in April surrounding 1.2300. To sum up, the GBPUSD bulls are at a crossroads and need a fundamental push to keep the reins.by MTradingGlobal1175
The Size Shadow and the Show That is the interesting part of the Candles. 1. The size as well as shadow of that large candle where you cannot take your eye off is the story. 2. We are weak at the wick. 3. We are staring at the support, 4. We look to the silver line of 1.25 (25 is silver)by sreebhashyam0
GBP/USD Q3 TECHNICAL OUTLOOK: BULLISH HEADWINDS ACCUMULATE FOR CGBP/USD has exhibited significant volatility in the second quarter, yet it is concluding June near its April 1st opening level. Sterling experienced appreciation against various currencies in late April, but this momentum has subsided as the UK election approaches. Over the past month, the US dollar has been a key driver of GBP/USD movement, with the Federal Reserve maintaining interest rates due to persistent inflation. Given the expectation that the UK will implement interest rate cuts before the US, coupled with uncertainty surrounding the upcoming UK election, GBP/USD is likely to face challengesby FXBANkthe80551
GBPUSD: Price is still favorable for SellersToday, GBPUSD is trading around the 1.263 level, with the main trend favoring the sellers. The technical outlook points towards further downside targets as the pair remains within a descending wedge. I will trade with the trend and prioritize selling this pair. Pay attention to the upper and lower limits to find optimal buy and sell opportunities, and be mindful of your stop loss (SL) and take profit (TP) levels when the price breaks out.Shortby HamedMarketsUpdated 15
GBPUSD: It is dollar STUPID!The rise across is Dollar and not the pound fall. If that is the interpretation then read this. Risk Reward is not commensurate to Short the GBP here. While the underlying tone remains weaker. Close will aid some more inputs. Clearly a range of 1.2610-1.2710 Old target of 1.2612 met. Now re-grouping and assertion. One move towards 1.2650-70 is not ruled out. The bigger frame fib 0.382 at1.2617 and 0.5 around 1.2557 blocks for the bears, the last one being the long term moving average.by sreebhashyam0
What should GBPUSDT today be traded?GBP/USD remained below the 1.2700 mark, trading sideways on Wednesday. The diverging policy outlooks between the Fed and the BoE, coupled with anxieties surrounding the upcoming UK elections, have kept this currency pair within a familiar range amidst a prolonged downtrend. The focus remains on a downward trajectory targeting the next support level.Shortby HamedMarketsUpdated 23
GBPUSD: Name is Pound, so looks are heavy!1. Optically looks higher, 2. Increase the time frame looks suspect 3. Revisit DXY looks doubtful 4. Near term 1.2665-1.2705 to rule, roast before the toast.by sreebhashyam2
GUPPY NEXT MOVE (MAY FACE RESISTANCE)(12-06-2024)Go through the analysis carefully, and do trade accordingly. Current price- 1.28600 "if Price stay below 1.29200 then next target is 1.28000 and 1.27200 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 46
Good short trade in m15We can expect market on coming monday good sell tradeShortby mukeshkumar1169201