Gbpshort
Gbpusd signal The Pound Sterling (GBP) weakened against its major counterparts as expectations grew for a dovish policy stance from the Bank of England (BoE) in the coming year. In December, the UK central bank held its key interest rate steady at 4.75%, but a surprising split vote—where three policymakers supported rate cuts—hinted at a potentially faster pace of easing in 2025
Confirm signal
Gbpusd signal GBP/USD trades with a positive bias for the third straight day and holds steady just above the 1.2700 mark in the early European session on Thursday. The pair takes advantage of the sustained US Dollar weakness and mild risk appetite heading into the US data releases later in the day.
Gbpusd now sell
GBPUSD 1HR CHART OUTLOOK GBP/USD 1HR Chart Outlook: The pair shows bullish momentum, with prices climbing above key support at . Immediate resistance is near , with a potential breakout targeting higher levels. Buyers may look for confirmation above for continuation, while maintaining caution against reversals."
Feel free to provide exact levels for a more tailored outlook!
GBPUSD long term sellGBPUSD is bearish on all higher time frames and looks like it still has a long way down towards the discount zone.
Since this will take a couple of days to play out, its best to play it safe and enter on an obvious pullback on the lower time frames such as 1hr time frame to give you a tighter stop loss.
GBPUSD long term sellGBPUSD is bearish on all higher time frames and looks like it still has a long way down towards the discount zone.
Since this will take a couple of days to play out, its best to play it safe and enter on an obvious pullback on the lower time frames such as 1hr time frame to give you a tighter stop loss.
Gbpusd signal GBP/USD tapped multi-month lows at the 1.2600 handle last Friday, in a complete reversal of the pair’s multi-year highs set in September of this year. The pair shed 6.25% top-to-bottom from September’s peak at 1.3434, and a near-term bullish bounce could see a fresh round of short positions collecting between 1.2700 and 1.2800.
Gbpusd signal
GBP/USD drop to 1.282We can predict that this week the pound will continue to fall as it directly goes against the dollar and we all know the dollar is on a rally up as of now after the elections. I have 2 scenarios that will play out for the pound to continue dropping.
Scenario A: Market open price pushes down to take the EQL liquidity and breaking structure to the downside in order to validate the hourly order block and react from it in order to come down towards the weekly demand where I believe it will then have a bullish reaction over the next couple of weeks.
Scenario B: Market open price pushes up taking Thursdays high and the ASH that remains tapping off the 3H supply left at the last swing high before melting to the weekly demand.
Note: It is very possible that price may drop without reacting from any of these zones but is also very unlikely as price structure follows and repeats patterns and needs to take liquidity in order to move.
GBPUSD Analysis!!!Dear Traders,
I'm observing a descending channel on GU, and expecting price to approach a key resistance zone around 1.3110 - 1.3170, marked in red. I'll be looking for bearish signs with clear confirmation, in this area to consider potential short entries. Should GBPUSD respect this resistance, it may retrace downwards, targeting support levels around 1.2900 and potentially reaching the 1.2820 zone if bearish momentum persists.
However, if buyers break through the resistance, I expect further bullish movement towards the upper yellow zones. Monitoring closely for confirmations before taking any position. 🚨
Any question comment me bellow!
GBP/USD: The weight of evidence approachThere are always reasons not to take a trade.
You have to take a 'weight of evidence' approach - and you'll still often be wrong ;)
The idea: Trade GBP/USD short on a daily close below critical support. Looking for 2:1 RR
Reasons for:
Trend is lower (falling fractals / price below the 50 DMA)
Momentum is to the downside (MACD below zero)
If the break holds, then long term trend has turned to a downtrend, adding more force to the short term downtrend.
Reasons against:
Already had a big move lower
Longer term trend has been up - this maybe an exaggerated pullback.
The nice thing about trading, you don't have to stay wrong.
If this breakdown trade fails - it tells us the market has strength.
So then we can wait to trade a break above resistance or a fractal
GBPUSD: Momentum Waning - Mid-Level Test Expected Soon!A bit late to this one, but if the price moves back above the breakdown area, I’ll consider taking a short position.
There’s significant weakness against the dollar in most pairs. This could be short-lived, but it looks like this one might be rolling over for good, at least down to the mid-level.
A conservative target is 1.2950.
If things go as expected, we could comfortably trade in the 1.27 range within the next week or two.
GBPUSD 1.32055 -0.08% SHORT MULTI TIME-FRAME ANALYSIS + DXYHELLO TRADERS
Hope everyone is doing great
📌 A look at The CABLE At the close of ASIA INTO THE LONDON, TO NY PM SESSION
* With a bullish run into Monday open today will be looking for some retracement.
* looking at the daily last week friday failed to take high wich is a sign of weakness on GU.
* even though the -OB is violated looking for a retracement.
* on the 4H looking for a bullish open to take ASIA high LQ.
* PO3
* Push higher before going for lower structures.
* looking for an aggressive move above out of the range to sweeep.
* and agressive in.
* this where I would look for entries short.
* Looking for the take of that ERL.
* with two possible OTE ( ASIA HIGHS, AND LONG TERM HIGH) , EXECUTION IS BASED ON RR & RISK MANAGEMENT.
* DXY 4H
- Will wait for the DXY to take ASIA lows and trade back in the range as a confirmation as well...
* BASED on the price action served next session...
* We will see what does the market dish.
🤷♂️😉🐻📉🐮📈
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
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Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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* ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
GBPJPY sellAs we have seen GJ has given us a beautiful upward momentum and it seems like now the momentum has been broken as GJ was moving with bullish trendline and recently it has broken below the trendline and going to be bearish the bullish candle forming has no Bullish volume also its a retest of the trendline so we will be bearish for further action keeping an eye on the pair see what happens
Over+750 pip in GBP/AUD in our last call(07/31/2024)in our last analysis
We were expecting a big rally for GBP/AUD. Since then the price moved in our favor and made over +750 pip for us.
Despite weaker CPI data for AUD, we are now looking for a correction in the 1.98 zone.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GBPUSD (lower timeframe )ready for sell ?hello dear trader
in my price action : gbp rejected from resistance zone , after collect liqidity from resistance zone (1.2970 )
fundamental :
Retail sales were flat in June, defying Wall Street's prediction of a decline amid signs of slowing in the US economy.
Economists had expected a 0.3% decline in spending, according to Bloomberg data. Meanwhile, retail sales in May were revised higher to an increase of 0.3%, from a prior reading of 0.1%, according to Census Bureau data.
June sales, excluding auto and gas, increased by 0.8%, above consensus estimates for a 0.2% increase. The control group in Tuesday's release, which excludes several volatile categories and factors into the Gross Domestic Product reading for the quarter, increased 0.9% in June, above estimates for a 0.2% increase.
"Although retail sales were unchanged in June, the strong 0.9% rise in control group sales should ease concerns about the plight of the consumer in the wake of the renewed slump in sentiment," Capital Economics chief North America economist Paul Ashworth wrote in a note to clients. "Admittedly, both second-quarter consumption and GDP growth still appear to have been no better than 2% annualised, but the strong gain in June does set up for a better third quarter performance."
170 PIPS WITH 1:3.5 RR READY TO EXPLODEI close the week of analysis with this swing on the pound. Pretty risky setup, but I have a lot of reasons to think it could happen.
I don't think the dollar sell-off will continue, it will pick up steam very soon pushing the reverse pairs lower.
Always be careful.