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GBPUSD

GBP/USD Analysis – 4H Bullish MomentumHello, Traders! 👋 Here’s my latest analysis of GBP/USD on the 4H timeframe. The chart presents compelling bullish signals that suggest a continuation of the upward trend after a potential retracement. Key Observations: 1️⃣ Bullish Divergence on RSI: - The 4H RSI displays a bullish divergence, indicating potential buying momentum as price action aligns with oversold conditions reversing upwards. 2️⃣ Market Structure Shift: - A clear shift in market structure supports bullish sentiment, confirming the likelihood of a continued rally after the retracement. 3️⃣ Retracement Zone: - The market is likely to retrace to the 1.2580 level, offering an optimal entry zone for buyers before the next leg upward. Target Levels: - Short-term: 1.2850 - Mid-term: 1.3000 - Long-term: 1.3450 Trade Plan: 🔹 Entry Zone: Look for bullish price action confirmation near the 1.2580 level. 🔹 Stop Loss: Place stops below 1.2505 to account for potential volatility. 🔹 Take Profit Levels: - 1.2850 - 1.3000 - 1.3450 Risk Management: Risk no more than 1-2% of your capital on this setup. Be patient and wait for retracement confirmations to enter long positions. Monitor the retracement to the 1.2580 level for potential buy entries, with targets scaling up to 1.3450. Let me know your thoughts and share your ideas below. Happy trading! 🚀 #Forex #GBPUSD #Bullish #TradingViewIdeas
Long
by Akshulive
1
Could the Cable reverse from here?The price is rising towards the pivot which aligns with the 38.2% Fibonacci retracement and could drop to the 1st support which acts as a pullback support. Pivot: 1.2859 1st Support: 1.2616 1st Resistance: 1.3044 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
GBPUSD is in the Buying Direction after Testing SupportHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
GBP/USD: Bullish Bias and Strategic PositioningToday, I’m excited to share my analysis on the GBPUSD currency pair, which is currently showing a strong bullish bias. As we navigate through the market, I will be utilizing probabilities to strategically position myself for long trades. Current Market Dynamics The GBP/USD pair has recently shown resilience, bouncing off critical support levels around 1.2670. This rebound suggests a potential bullish reversal, driven by positive sentiment surrounding the UK economy. Key fundamentals such as the Bank of England's recent decisions to maintain interest rates amidst inflationary pressures signal confidence in economic stability, which supports our bullish outlook. Global Influences On the global stage, factors such as a weakening U.S. dollar and improving economic indicators from the UK create a favorable environment for the British Pound. Additionally, geopolitical developments are leaning towards stability, which typically boosts investor confidence in GBP. Trading Strategy In this context, I plan to leverage statistical probabilities to identify optimal entry points for long positions. By focusing on key technical indicators, I aim to maximize potential gains while effectively managing risk. Join me as we explore this exciting opportunity in GBP/USD! Let’s make informed trading decisions together and capitalize on this bullish momentum. Happy trading! 2W: 3H: P.S. If you have any questions about how I trade probabilities with the overall market direction, feel free to reach out.
Long
by Jasminex1x2
USDJPY - A Whole Lotta Pips in 2024!USDJPY has been one of our favourites to trade! We've managed to catch the start of the swing points for each wave since the beginning of 2024. Our entry method remains the same. Break of Trendline. Simple yet very effective if used correctly. Since our last setup, we've moved +600pips in our direction. We're currently holding it at breakeven and riding out the wave! See below for our past setups. Trade 1: Trade 2: Trade 3: Trade 3 (Public Post): Trade 4 (Public Post): Trades 3 and 4 have been public setups. Well done to those that were paying attention and caught it! Goodluck and as always, trade safe!
by WicktatorFX
2
USDJPY - A Whole Lotta Pips in 2024!USDJPY has been one of our favourites to trade! We've managed to catch the start of the swing points for each wave since the beginning of 2024. Our entry method remains the same. Break of Trendline. Simple yet very effective if used correctly. Since our last setup, we've moved +600pips in our direction. We're currently holding it at breakeven and riding out the wave! See below for our past setups. Trade 1: Trade 2: Trade 3: Trade 3 (Public Post): Trade 4 (Public Post): Trades 3 and 4 have been public setups. Well done to those that were paying attention and caught it! Goodluck and as always, trade safe!
by WicktatorFX
GBPUSD I Possible retest and decline within the channel.Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Short
by BKTradingAcademy
GBP/USD: Relief Rally or Just a Pause Before the Next Drop?GBP/USD: Relief Rally or Just a Pause Before the Next Drop? GBP/USD has been locked in a prolonged downtrend, but recent price action shows signs of a relief rally to the upside. Could this mean the bears are finally running out of steam? Not so fast. While the bounce might be tempting for bulls, it’s essential to consider the bigger picture. The downside momentum isn’t entirely out of the equation just yet. Here’s why: Trend Analysis The long-term downtrend remains intact. Key resistance levels are looming, and the recent upward move might simply be a retracement within the broader bearish structure. Market Cycles Markets often move in cycles, and GBP/USD appears to still be in the middle of a downside cycle. Relief rallies like this are common before the next leg lower, catching overly eager buyers off guard. Fundamental Backdrop The GBP/USD pair is influenced by various factors, including UK economic data, US interest rate dynamics, and market sentiment. As of now, the fundamentals still favor the dollar, adding pressure to the pound. Trade Idea Short-Term Bulls: If you’re considering the upside, proceed with caution and manage your risk. Look for clear confirmation of strength above key resistance levels before committing to a bullish bias. Long-Term Bears: Stay patient. This relief rally could offer an excellent opportunity to short the pair at higher levels, aligning with the overall downtrend.
Short
by CognitiveAlpha
The Psychology of Wealth 🔸The psychology of wealth centers on cultivating a mindset that aligns your thoughts, beliefs, and actions with abundance, financial success, and prosperity. 🔸The affirmations you’ve mentioned—such as "money comes easily," "I deserve success," and "I’m in control of my future"—are key components of a wealth-oriented mindset. This approach isn’t just about positive thinking; it’s about rewiring your brain, creating empowering habits, and developing the emotional resilience needed to achieve financial and personal success. 🔸Here’s a breakdown of how these affirmations and principles relate to the psychology of wealth: 1. "Money Comes Easily" ▪️Belief in Ease and Flow: This statement fosters a belief that financial opportunities are abundant and accessible. When you believe money can come easily, you’re more likely to notice opportunities, attract resources, and act on them confidently. ▪️Shift from Scarcity to Abundance: Many people operate with a scarcity mindset, feeling money is hard to earn. By affirming that money comes easily, you break free from this limiting belief and open yourself to creative solutions and ideas. 🔸Actionable Steps: ▪️Identify opportunities in your field or new markets. ▪️Develop skills that make earning money simpler and more sustainable. 2. "I Deserve Success" ▪️Self-Worth and Wealth: Believing you deserve success ties your financial achievements to your sense of self-worth. If you subconsciously feel undeserving, you may sabotage your efforts or settle for less. ▪️Breaking Limiting Beliefs: Many people are conditioned by childhood experiences or societal expectations to believe success is reserved for others. Reaffirming that you deserve success challenges these limiting beliefs. 🔸Actionable Steps: ▪️Reflect on past achievements and recognize your value. ▪️Engage in self-care and personal growth activities to reinforce your worthiness. 3. "There Is an Abundance of Money" ▪️Abundance Mentality: This statement helps shift from a scarcity mindset to an abundance mindset. Believing there’s enough wealth for everyone fosters collaboration, innovation, and generosity. ▪️Law of Attraction: When you focus on abundance, you’re more likely to act in ways that attract wealth and prosperity into your life. 🔸Actionable Steps: ▪️Practice gratitude daily to focus on what you already have. ▪️Seek out stories or examples of abundance to reinforce this belief. 4. "Nothing Can Stop Me from Success" ▪️Resilience and Determination: This affirmation builds a mindset of resilience and perseverance. It reminds you that challenges are temporary and that you have the power to overcome obstacles. ▪️Reframing Failure: By adopting this belief, you view setbacks as opportunities to learn and grow, rather than insurmountable barriers. 🔸Actionable Steps: ▪️Break big goals into manageable steps to maintain momentum. ▪️Develop a "growth mindset," where challenges are viewed as essential for improvement. 5. "I’m in Control of My Future" ▪️Empowerment and Responsibility: This belief emphasizes personal accountability and the ability to influence your financial destiny. It counters feelings of helplessness and external blame. ▪️Focus on What You Can Control: While you can’t control every external event, you can control your reactions, decisions, and efforts. 🔸Actionable Steps: ▪️Set clear financial and personal goals. ▪️Continuously educate yourself about wealth-building strategies, such as investing, saving, and entrepreneurship. Final Thoughts The psychology of wealth is about more than financial gain—it’s about cultivating a mindset of abundance, gratitude, and empowerment. By believing that money comes easily, you deserve success, and you are in control of your future, you set the stage for proactive behaviors and sustained growth. Pair these beliefs with practical strategies, and you’ll find yourself on a path toward financial freedom and personal fulfillment.
Education
by ProjectSyndicate
16
eurusd h4 long/short +220/+300 pips swing trade plan🔸Hello traders, let's review the 4hour chart for EURUSD today. All previous setups hit TP, +600 pips original short and recently another short from resistance TP hit +240 pips. feel free to recap via links below: 🔸Currently after hitting 0500 EURUSD remains weak / vulnerable to further downside. I'm not expecting any bounce from current levels and also can't recommend any new entries, right now this is a no trade zone for me. 🔸Bears will target re-test of key s/r zone at 0380, this is also the highest probability zone for a bounce in EURUSD. Resistance overhead set at 0600, so this is a +220 pips trade setup based on the bounce off the key s/r zone. 🔸Recommended strategy for EURUSD traders:no trade recommended at current price, however bulls should enter BUY/HOLD at/near 0380 SL 40 pips TP1 +120 TP2 +220 final exit at 0600. Bears should wait for the bounce to complete and short from overhead resistance at 0600 TP1 +150 pips TP2 +300 pips final exit at 0300. SL 40 pips. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
12
LIVE MARKET ANALYSIS & TRADE IDEAS: USDJPY, GBPUSD, GBPAUD & CJHello Traders, Starting off early today with a big shout out to @TradingView for their continuous improvements to the platform and the valuable tools they provide to the trading community. Well done! Here’s my analysis for today: USDJPY H4 The USDJPY has formed a Momentum Low, signalling a potential trend reset. The underlying trend remains bullish on this timeframe. Expectation: Increased buying activity is anticipated from the current price level. GBPAUD H4 The GBPAUD is trading within a 915-pip range. Inside this range, price fluctuations create highs and lows. Applying the range trading principle—buy low, sell high—recent price action shows a bullish wave structure completed on the smaller timeframe following a rally from the Momentum Low. Current Observation: A trend reset is occurring on the smaller timeframe, breaking below 1.9508. Trading Approach: Look for a failure to make a Lower Low (LL) on the 5-minute chart and seek opportunities to trade to the upside. GBPUSD H4 The GBPUSD remains in a downtrend on the H4 timeframe. However, a significant reset has occurred, forming Structure 4 at 1.2714. Ideal Trade: The preferred strategy is to sell GBPUSD. However, based on wave structure analysis on the lower timeframe, the price is not yet primed for a bearish move. CADJPY H4 The CADJPY exhibits similar behaviour to the USDJPY, with a recent dip below the previous Momentum Low. Yesterday, a bullish trend-changing pattern emerged. Trading Opportunity: Look for buying setups above 107.46 based on the current price action. Wishing you successful trades and a blessed weekend!
by Charts247TradingAcademy
Fundamental Market Analysis for November 29, 2024 GBPUSDEvent to pay attention to today: 13:00 EET. GBP - BOE Governor Andrew Bailey Speaks GBPUSD: The GBP/USD currency pair had a quiet session on Thursday, with trading activity on the thin side and the pair holding near the 1.27000 mark. US markets were closed on Thursday due to the Thanksgiving holiday, and Friday will also see reduced trading hours in the US, resulting in a generally low volume second half of the trading week. The Bank of England's (BoE) latest Financial Stability Report is scheduled for release in the US market on Friday morning. It is unlikely that this release will have a significant impact on the performance of the cable markets. Nevertheless, it would be prudent for traders to remain vigilant in anticipation of low-volume bursts of volatility. Due to shortened trading hours in the US on Friday, overall market liquidity will be significantly reduced, increasing the potential for large orders to impact the bid price. Next week's scheduled economic data releases are also unlikely to be favourable for the pound. There will be a paucity of significant data releases in the UK next week, while market participants will be closely monitoring the US Non-Farm Payrolls (NFP) report, scheduled for release on Friday, 6 December. The upcoming NFP will assume heightened importance for traders, given the recent shift in focus towards potential indications of rate cuts by the Federal Reserve (Fed). However, a notable change in the NFP figures could have a significant impact on Treasury rates, prompting new discussions about the optimal number of rate cuts in 2025. Trading recommendation: We follow the level of 1.27000, when fixing above it we consider Buy positions, when rebounding we consider Sell positions.
by Fresh-Forexcast2004
EURUSD H4 I Falling from overlap resistanceBased on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0606, which is an overlap resistance. Our take profit will be at 1.0527, an overlap support level. The stop loss will be placed at 1.0703, a pullback resistance level close to 61.8% Fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
GBPUSD H4 I Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2721, which is an overlap resistance. Our take profit will be at 1.2616, a pullback support level. The stop loss will be placed at 1.2833, a pullback resistance level close to 61.8% Fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
GBPUSD "The Cable" Forex Market Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist GBPUSD "The Cable" Forex Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss 🛑 : Recent Swing Low using 2H timeframe Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader