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GBPUSD

My take on GBPUSD as of 11:23am 4/9/2025Market Insights from Indicators Trend and Movement Directional Indicators: PLUS_DI (25.39) significantly outweighs MINUS_DI (5.54), indicating strong bullish momentum. Directional Movement Index (DX: 64.15) confirms significant trend strength. Aroon Oscillator (71.43) shows a healthy trend with potential upward movement. Moving Averages: EMA (1.3126), KAMA (1.31498), and TEMA (1.31703) remain above the current price, reinforcing a longer-term bearish bias. However, shorter-term indicators like PLUS_DI and ROC suggest consolidation or temporary bullish moves. Momentum and Oscillators: RSI (68.12) reflects a mildly overbought condition, signaling possible resistance to bullish moves. MACD (0.0052) and CMO (36.24) support short-term bullish momentum. Williams %R (-29.19) and CCI (87.28) indicate price nearing resistance levels. Volatility and Price Action ATR (0.00356) suggests low volatility, allowing tighter stop-loss and target levels. Price action is currently testing the support zone at 1.2780–1.2790 and resistance near 1.2830–1.2850. Trend Analysis Short-term momentum shows rising highs and closes, with support from bullish indicators like DX (~64). Long-term bearish bias persists due to EMA, DEMA, and TEMA above the current price. Key Levels: Support: 1.2780–1.2790 (previous hourly lows). Resistance: 1.2830–1.2850 (aligned with recent highs and trend indicators). Directional Indicators and Oscillators: Bullish dominance with PLUS_DI (29.18) outweighing MINUS_DI (12.42). Momentum (MOM ~0.00877) supports short-term bullish opportunities. Stochastic (45.48) and Stochastic RSI (26.07) indicate moderate upward momentum, but not extreme levels yet. Volatility and Risk Indicators True Range (TRANGE ~0.00354) indicates limited hourly price variability. Moving averages like TEMA (1.31703), T3 (1.31303), and WMA (1.31403) reinforce long-term bearish resistance above 1.3140. TSF (1.31757) points to strong resistance near 1.3170. Key Events to Watch April 9, 2025 (Today): USD FOMC Minutes (High Impact): A hawkish tone could strengthen the USD, pushing GBP/USD lower, while a dovish approach may support GBP/USD gains. April 10, 2025 (Tomorrow): USD Inflation Data: Lower CPI or core inflation figures may weaken the USD and favor GBP/USD bullish moves. Jobless Claims: Rising claims could signal labor market weakness, further pressuring the USD. April 11, 2025 (Friday): GBP GDP & Trade Balance: Positive data could strengthen the GBP, aligning with bullish chart patterns. USD PPI & Consumer Sentiment: Higher producer prices or sentiment could support USD recovery. Trading Considerations FOMC Impact: Hawkish minutes may trigger bearish GBP/USD moves, while a dovish tone supports a bullish outlook. Key Levels: Watch 1.2780–1.2790 (support) and 1.2830–1.2850 (resistance) for trading decisions. Volatility Management: ATR (~0.00356) suggests tight stop-losses during high-impact news. My Take Given the bullish technical setup but acknowledging the risk from upcoming high-impact news, I lean toward caution. At this point of my trading career i'm not comfortable with aggressive trading. A well-defined long trade near 1.279–1.280 could be rewarding—but i'm prepared for rapid moves on news releases. Aggressive Option: Enter long around support now with tight stops and target 1.283–1.285, but be very nimble in managing your position amid the news. Conservative Option: Wait for the market to digest the FOMC minutes and inflation data, then look for a confirmed breakout or reversal that aligns with the bullish technical signals. I think ill wait for the news... it's in about 2 hours. see ya then!
Long
by Sel_Ali
Gold(XAU/USD) at All-Time Highs – Breakout or Blow-Off Top?📊 XAU/USD Daily Technical Analysis – April 2025 Gold has surged to fresh all-time highs, with price currently trading above $2,320 after an explosive rally in recent weeks. The momentum has been relentless, but price action is now approaching a potential inflection zone, where either a continuation or a sharp correction could emerge. 📈 Trend Overview: The trend on the daily chart is strongly bullish. Since the breakout above the previous all-time high near $2,075 in early March, gold has been in a near-vertical climb, forming successive higher highs with shallow pullbacks. However, with price now significantly extended from recent bases, and psychological levels being tested, bulls may face their first real challenge in weeks. 🔹 Key Resistance Zones: $2,325 – $2,345: Immediate resistance zone based on recent price clustering. A decisive break above this could fuel further upside toward… $2,400: Psychological milestone and potential magnet for bullish momentum if the rally continues. 🔸 Key Support Zones: $2,280: Minor support from the most recent consolidation zone — the first level to watch if gold pulls back. $2,240: A more solid support based on previous breakout structure. $2,180 – $2,200: Major structural demand zone — this is where buyers are most likely to step back in if a deeper correction occurs. 📐 Technical Structures to Watch: Gold is forming what appears to be a rising wedge on the daily chart — a pattern that often emerges during strong trends but can signal momentum loss or potential reversal when the wedge narrows. Additionally, recent price action shows signs of stalling candles (small-bodied candles with long wicks), suggesting hesitation or possible profit-taking at current levels. While there’s no confirmation yet of a reversal, these are early warning signs traders should monitor closely. 🧭 Possible Scenarios: ✅ Bullish Continuation: If gold breaks and holds above $2,345, the next logical upside target would be $2,400, followed by potential extensions toward $2,450 on high momentum or geopolitical catalysts. ❌ Bearish Pullback: Failure to break higher — especially with reversal candles — could trigger a retracement toward $2,280 or deeper to $2,240. A breakdown below $2,200 would indicate a more serious correction and likely shift sentiment short-term. 📌 Conclusion: Gold is in a powerful uptrend, trading at never-before-seen levels. But price is now testing a key zone where momentum could either continue explosively or stall into a correction. Watch for breakout confirmation above $2,345 — or signs of exhaustion below $2,280. Either way, a major move is coming. 💬 Is this the start of Gold 2.0? Or is a correction brewing? Let’s talk below 👇
OANDA:XAUUSDLong
by Saeed966
EUR/USD Approaching a Key Decision Point – Breakout or Pullback📊 Daily Technical Analysis – EUR/USD (April 2025) The EUR/USD pair is approaching a critical resistance zone on the daily chart, with price action showing signs of both trend continuation and potential exhaustion. Traders should brace for volatility as the pair hovers near a multi-month high. 📈 Trend Overview: Since rebounding from the 1.0700 support area in early March, EUR/USD has maintained a steady bullish trend, forming a clean structure of higher highs and higher lows. The overall sentiment remains bullish in the medium term, but the pair is now pressing into a strong resistance zone near 1.0980 – 1.1050, where price previously stalled multiple times in late 2023. 🧱 Key Resistance Levels: 1.0980 – 1.1050: A major resistance block; a clean daily breakout above this zone could trigger renewed buying pressure and open the door for a move toward 1.1200. 1.1270: A key swing high from July 2023, and a likely target if bulls maintain control. 🛡️ Key Support Levels: 1.0870: A short-term support level and previous consolidation zone. 1.0740: A key higher low and critical structure — losing this level could suggest a shift toward a broader range-bound market. 1.0700: March’s reaction low and a major psychological level for euro bulls. 📐 Technical Structures: Price action is showing signs of forming a rising wedge pattern — typically a sign of weakening bullish momentum, especially when it appears near strong resistance. That said, if buyers manage to break through the upper boundary with strong conviction, this setup could transform into a bullish continuation — invalidating the wedge as a reversal pattern. Also, the pair remains inside a bullish price channel, which has guided the trend since mid-March. 🧭 Potential Scenarios: ✅ Bullish Breakout: A strong daily close above 1.1050 would likely confirm the breakout, targeting 1.1200 and possibly 1.1270 as bullish extensions. This could align with further dollar weakness or positive eurozone data. ❌ Bearish Rejection: If the pair fails to break the resistance zone and forms reversal candlesticks, a pullback toward 1.0870 or even 1.0740 becomes likely. A break below 1.0700 would be a strong bearish signal, opening the path toward deeper retracement. 📌 Conclusion: EUR/USD is pressing into a decisive resistance zone after a sustained bullish rally. Price action is king here — a breakout above 1.1050 may confirm bullish continuation, while rejection could trigger a healthy correction. Keep a close eye on daily closes and candle structure in the coming sessions. 💬 How do you see EUR/USD playing out from here? Are we in for a breakout or a top? Share your thoughts 👇
Short
by Saeed966
GBP/USD Is About to Explode – Here’s Why This Level Matters🚨 GBP/USD at a Critical Zone – Breakout or Reversal? Let’s break down the price action from a technical perspective 👇 📊 Daily Technical Analysis – GBP/USD (April 2025) The GBP/USD pair is trading near a key inflection point, with price action hinting at a potential breakout — or a deeper correction. 📈 Trend Overview: The broader trend remains bullish, following a steady rally from the 1.2300 area back in February. The pair has been forming higher highs and higher lows, indicating strong underlying demand. However, we’re now seeing signs of bullish exhaustion as the price struggles near the 1.2850 – 1.2900 resistance zone — an area that previously acted as a strong supply level. 🧱 Key Resistance Levels: 1.2850 – 1.2900: Major resistance zone; a daily close above this level would likely accelerate bullish momentum. 1.3000: Psychological round number and the next natural target. 1.3140: Historical swing high from mid-2023, could serve as the next upside objective. 🛡️ Key Support Levels: 1.2680: Previous higher low and potential first line of defense. 1.2520: Strong structural support — a break below this zone may shift the medium-term outlook to neutral or even bearish. 1.2300: February’s key low and the base of the current trend. 📐 Technical Structures: Price appears to be forming an ascending triangle — a classic bullish continuation pattern — with flat resistance at 1.2850 and rising higher lows from below. This supports the idea of an impending breakout if bulls regain control. Additionally, the pair is moving within a rising price channel, offering clean structure for both trend-following and breakout traders. 🧭 Potential Scenarios: ✅ Bullish Breakout: A confirmed close above 1.2900 would likely open the door toward 1.3000, followed by 1.3140. This scenario aligns with the current market structure, assuming continued weakness in the USD or sustained risk appetite. ❌ Bearish Rejection: Failure to break the resistance zone, especially with bearish reversal candles, could trigger a drop toward 1.2680, and possibly 1.2520. A daily close below 1.2520 would be a strong technical warning for bulls. 📌 Conclusion: GBP/USD is sitting at a technically significant level. The prevailing trend favors the bulls, but the outcome at 1.2850–1.2900 will be decisive. Watch price action closely for confirmation — breakout or rejection, the next move could be sharp. 💬 What’s your take on this setup? Do you see a breakout or a reversal ahead? Drop your thoughts in the comments 👇
Short
by Saeed966
GBPUSD — Eyes on FOMC | Key Levels & Bearish Continuation SetupGBPUSD 4H Analysis Technical Outlook — April 9, 2025 Currently trading around 1.2775, GBPUSD is showing signs of bearish momentum after breaking below the 200 EMA on the 4H timeframe. Key Technical Highlights: Price is currently stuck between resistance at 1.2800 - 1.2850 and support at 1.2700 - 1.2650. Fib Cloud and moving averages are turning bearish. Stochastic indicator is in the neutral zone but could provide momentum confirmation on breakdowns. Immediate bearish targets are 1.2700 followed by 1.2600 and 1.2450 levels. Possible Scenarios: A pullback towards 1.2800 - 1.2850 resistance zone could attract sellers for the next leg down. Clean break below 1.2700 could open doors for 1.2600 and 1.2450 support levels. Important Note: FOMC Rate Decision is scheduled for today — expect heightened volatility across USD pairs. Be cautious with risk management during the news event. If you found this analysis valuable, kindly consider boosting and following for more updates. Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
Short
by MarketsPOV
Ok i closed my sell for GBPUSD After my analysis this morning I decided to close my sell trade with very minimal profits. The trade was placed too early and I'd rather go along with the current trend instead of the overall trend. This will give me better positions. Key Observations Trend and Directional Indicators: EMA (1.31338), DEMA (1.31573), and KAMA (1.31361) are positioned above the current price level, suggesting that the broader market remains bearish, or at least indecisive with downward pressure. Aroon Oscillator (71.43) indicates a strengthening trend, which may confirm the continuation of the current movement. The Directional Movement Index (DX ~18.31) suggests a relatively weak trend strength, but PLUS_DI (20.91) outweighing MINUS_DI (14.44) hints at potential bullish momentum building. Momentum Indicators: RSI (53.42) reflects neutral territory, which indicates neither overbought nor oversold conditions. It aligns with the notion of waiting for clearer signals. MACD (0.00353) shows mild bullish divergence, suggesting potential upward momentum in the near term. Chande Momentum Oscillator (6.85) supports modest bullish movement, but it’s not extreme. Volatility and Price Action: ATR (0.00422) and Standard Deviation (0.00303) suggest low volatility, providing an opportunity for tighter risk management (closer stop-loss and smaller targets). Commodity Channel Index (CCI -67.63) indicates price trading near the lower end of typical levels, signaling potential support or stabilization. Oscillators and Reversals: Williams %R (-69.67) reflects a mildly oversold condition but not yet extreme—suggesting price may consolidate before a decisive move. Ultimate Oscillator (64.66) aligns with balanced market sentiment, potentially pointing toward continuation rather than a reversal.
by Sel_Ali
GBPUSD - Looking To Sell Pullbacks In The Short TermH1 - Strong bearish momentum No opposite signs Expecting bearish continuation until the two Fibonacci resistance zones hold If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 -------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VladimirRibakov
Sterling Remains Firm Despite Inflationary PressuresGBP/USD traded around 1.2830 on Wednesday, holding gains from the previous session. However, ongoing global trade tensions and fears of goods dumping from China and Europe weighed on sentiment. Though U.S. tariffs are relatively lower on the UK, broader economic concerns persist. At the same time, rising inflation risks may lower expectations for rate cuts, providing some support to the pound. If GBP/USD breaks above 1.2850, resistance levels are at 1.2900 and 1.2940. Support is at 1.2715, followed by 1.2650 and 1.2600.
by ChartMage
1
Fundamental Market Analysis for April 9, 2025 GBPUSDEvent to pay attention to today: 21:00 EET. USD - FOMC Meeting Minutes GBPUSD: On Tuesday, the GBP/USD pair broke a two-day losing streak, finding a technical bounce off the 200-day exponential moving average (EMA) just north of the 1.2700 mark. Price action remains in a state of uncertainty ahead of the planned imposition of tariffs in the US, with investors maintaining a subdued outlook in anticipation of key US inflation and sentiment data due for release later this week. Overall, the week has been relatively quiet on the UK economic data front, with Tuesday providing a welcome respite from the usual deluge of geopolitical and trade headlines that have become the norm for the Trump administration in recent weeks. Nevertheless, several key policymakers from the Federal Reserve (Fed) have provided insights, cautioning that uncertainty and unintended inflationary consequences from US tariffs could complicate, rather than facilitate, the Fed's rate-cutting efforts. However, traders continue to bet that the Fed will be forced to cut rates before the end of the year, as the negative economic fallout from the same tariffs could lead the U.S. into recession. According to the CME's FedWatch tool, rate swap traders are beginning to raise hopes that the first quarter-point rate cut could come as early as May. However, most betting market participants still see a 25 basis point (bps) rate cut in July as more likely, and 100 bps or more by the end of the year. On Thursday, US consumer price index (CPI) data will be released, followed on Friday by the producer price index (PPI) and the University of Michigan (UoM) consumer sentiment survey. This will be the latest in a series of key US inflation and sentiment data relating to the 'pre-tariff' period of 2025, which will be a key indicator for the remainder of the calendar year. Trading recommendation: BUY 1.28600, SL 1.27800, TP 1.29600
Long
by Fresh-Forexcast2004
Eur/Usd sell setup update!!Good day traders, we back again we another beauty of a setup well Atleast I like to believe that😂. Eur/Usd a set was posted here by me on TradingView before market opened on Monday and if you go look at that set up today’s move was seen before hand and now that price went higher, we can now expect to see price move lower for the rest of the week to our liquidity resting below(equal lows). On the 4 hour price just broke structure higher solidifying a low that we want to see get broken during today trading day. As soon as price breaks structure lower on the LTF’s than we have a alert to enter our shorts, good luck and have a wonderful day✌️ My name is Teboho Matla but you don’t know me yet…
Short
by FxPipMaster_TebohoMatla
1
GBPUSD(20250409)Today's AnalysisMarket news: The U.S. Customs and Border Protection Agency reiterated that the specific tax rates for each country will be announced at 12:01 a.m. on April 9. Technical analysis: Today's buying and selling boundaries: 1.2764 Support and resistance levels: 1.2862 1.2825 1.2802 1.2726 1.2702 1.2666 Trading strategy: If the price breaks through 1.2802, consider buying, the first target price is 1.2825 If the price breaks through 1.2764, consider selling, the first target price is 1.2726
by BraveTigercat
GBPUSD I may have entered too early.. But im not backing out yet! Observations from the Data Trend Confirmation via Moving Averages: Several key moving averages and trend indicators (EMA at 1.30829, DEMA, HT Trendline at 1.31043, KAMA, Linear Regression) are positioned well above the current market level of 1.28234. This indicates that, on an hourly basis, the longer-term trend remains bearish. Directional Indicators: The directional movement figures are very telling. With PLUS_DI at about 4.97 and MINUS_DI at around 31.38, sellers clearly dominate the market. A low DI(+) against a high DI(–) reinforces that the overall bias is to the downside. Momentum & Oscillators: The RSI is extremely low at ~15, indicating an oversold condition. In isolation, this might hint at a potential short-term bounce. However, other momentum indicators, such as the Chande Momentum Oscillator (-70.09) and a slightly negative MACD (-0.00185), suggest that the underlying bearish momentum has been strong. Oscillators like Williams %R (at -89.21) further underscore that the market is deep into oversold territory. Volatility Metrics: An ATR of 0.0043 and relatively low standard deviation indicate modest volatility, meaning your stop-loss and target levels can be measured with reasonable precision. Context and Rationale Overall Trend: The majority of your trend-following indicators (e.g., EMA, DEMA, HT Trendline, KAMA) are positioned higher, confirming a prevailing bearish bias. Even though the RSI shows an extreme oversold reading (around 15), in a strong downtrend like this, oversold conditions can simply trigger a temporary bounce rather than a reversal. My sell entry at 1.27752 aligns with staying in the trend. Directional Pressure: With the MINUS_DI (31.38) greatly outweighing the PLUS_DI (4.97), the directional movement clearly favors sellers. My entry at 1.27752 positions me within this selling pressure, assuming the bounce to fail and the downtrend to resume. Entry Timing: Instead of waiting for a higher bounce ideal for a pullback short, my entry at 1.27752 suggests that I chose to capture a move early in the downswing or perhaps because price action broke a key support level. This could be advantageous if momentum continues as anticipated. Why This Trade Setup Works Alignment with Trend: Maintaining a sell position aligns with the overall bearish structure indicated by your moving averages and directional indicators. Captchaing a Bounce Rejection: Even if a short-term bounce occurs from oversold conditions, your entry near 1.27752 could capture the early phase of a bearish continuation provided that the rally fails to sustain. Confluence of Technical Signals: The combination of oversold conditions (which in a downtrend often predict a short-lived bounce) and the strong directional indication from MINUS_DI and related momentum oscillators creates a setup where a rejection of a minor recovery can lead to further downside moves.
Short
by Sel_Ali
GBPUSD H1 | Bullish Bounce OffBased on the H1 chart analysis, the price is falling toward our buy entry level at 1.2790, a pullback support. Our take profit is set at 1.2924, an overlap resistance. The stop loss is placed at 1.2707, a swing low support. 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 (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
Bearish reversal off pullback resistance?The Cable (GBP/USD) is rising towards the pivot which lines up with the 38.2% Fibonacci retracement and could reverse to the 1st support which has been identified as a pullback support. Pivot: 1.2890 1st Support: 1.2693 1st Resistance: 1.3006 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
Explosive Breakout Setting Up on GBP/USD – Here's the Roadmap🔥 GBP/USD Technical Analysis – 4H Timeframe | Market Poised for Breakout or Breakdown? Key Support: 1.26888 Key Resistance: 1.28829 Market Structure: Consolidation with bullish undertones Bias: Neutral-to-bullish (pending confirmation) 🧠 Market Overview: The GBP/USD pair is currently consolidating within a well-defined horizontal channel on the 4-hour chart, oscillating between 1.26888 (major support) and 1.28829 (key resistance). This prolonged range-bound behavior reflects a market in balance, where buyers and sellers are cautiously awaiting a catalyst to drive the next impulsive move. The price action suggests that this consolidation phase may be coming to an end soon. A breakout or breakdown from this tight range is likely to set the tone for the next major trend. Market participants should be alert to early breakout signals and volume surges as confirmation triggers. 📊 Price Structure and Key Observations: The market has printed a series of higher lows within the consolidation range, indicating a subtle bullish pressure beneath the surface. Price is hovering near the mid-range zone, consolidating after multiple failed breakout attempts at 1.28829. A squeeze in volatility is evident from narrowing candlesticks and declining ATR, often preceding explosive directional moves. 🔍 Technical Indicators Breakdown: ✅ RSI (14): Currently trading around the neutral zone at 50, showing no clear directional bias. However, higher lows on RSI suggest potential bullish divergence forming, which could be an early signal of upward momentum building up. ✅ MACD: A recent bullish crossover below the zero line indicates potential for a shift in momentum. Histogram bars are starting to turn positive, supporting a near-term bullish scenario if price confirms with a breakout. ✅ Moving Averages: Price is trading above the 50-period SMA, which has acted as dynamic support on several occasions. The 200-period SMA remains below current price levels, indicating a medium-term bullish structure remains intact unless support is broken decisively. 🔮 Potential Scenarios: ✅ Bullish Breakout Scenario: If price breaks and closes above 1.28829 on strong bullish volume, it would represent a major breakout from the current range. This could open the door for a new impulsive leg to the upside. Upside Targets: 🎯 1.29650 – Short-term resistance level from previous highs 🎯 1.30300 – Psychological round number and previous supply zone 🎯 1.31000 – Extended target aligned with Fibonacci 1.618 projection Confirmation Factors: Break + retest of 1.28829 as new support RSI holding above 60 MACD expanding positively ❌ Bearish Rejection / Breakdown Scenario: Should the pair fail to break above 1.28829 and print a strong bearish rejection candle (e.g., Shooting Star, Bearish Engulfing), the pair could retest the lower support of 1.26888. A clean break below 1.26888 with a decisive bearish close could signal a trend reversal, shifting sentiment toward the downside. Downside Targets: 📉 1.26000 – Near-term psychological support 📉 1.25200 – Previous demand area and key fib level (61.8%) 📉 1.24400 – Long-term trendline support (if applicable) ⚙️ Trade Strategy & Risk Management: Breakout Traders: Wait for a confirmed candle close outside the range (either above 1.28829 or below 1.26888) before entering. Avoid false breakouts by validating with volume and momentum indicators. Range Traders: Continue fading the range boundaries (buy near 1.26888, sell near 1.28829) while the channel remains intact. Use tight stop-losses just beyond the range to mitigate whipsaw risks. Swing Traders: A successful breakout presents excellent risk-reward setups for multi-day trades, especially if accompanied by high volatility and news catalysts (e.g., NFP, BoE/Fed announcements). 🧭 Conclusion: The GBP/USD pair is coiling tightly within a critical decision zone between 1.26888 and 1.28829. The tightening price structure, supportive indicators, and market indecision suggest that a major breakout is imminent. Whether bulls take control or bears force a breakdown will largely depend on macroeconomic catalysts and institutional order flow. Traders are advised to stay patient, let the market reveal its hand, and execute only on high-probability setups with clear confirmations. This is not the time to chase the market—this is the time to prepare for the move. 💬 Let me know in the comments how you're positioning yourself on GBP/USD this week! 🔔 Follow for more real-time setups, macro breakdowns, and professional market insights. 📈 Stay sharp, stay technical. Would you like me to generate a matching TradingView chart snapshot with drawn zones and notes to go with this analysis for posting?
Short
by Saeed966
5
Nas100 continuation lower?Good evening traders, I am busy with my market recap and I saw this beautiful idea on nas100/US100 or whatever name your broker uses. Indices have been pretty bearish from our understanding as we saw price crush, well my thought process when analysing chart is question based, question like did price move above our weekly opening price to give us our manipulation phase in the power of 3, and in this case or in the case of this analysis the answer is yes it moved higher following this week’s open. Today in the 1 hour TF we have a structure shift lower and before we can do anything we need to see price come higher to Atleast the FVG that is marked on the chart, I know ICT teaches deeper about FVG but for me it’s fine for price to completely cover it. Or if maybe the OTE(optimal trade entry) is the method you use to enter trades it’s still fine or even order blocks if maybe you can see any than it’s also completely fine. Currently price is showing momentum lower and maybe it’ll close prices lower but if we close the daily candle above the midpoint of the weekly gap we can expect price go than trigger the limit.
OANDA:NAS100USDShort
by FxPipMaster_TebohoMatla
GBPUSD Watch – Bearish Momentum Building Below Supply ZoneGBPUSD pair has broken sharply below the long-standing accumulation range between 1.2857 – 1.3012, signaling a shift in market sentiment. The recent bearish engulfing structure has pushed price into a corrective pullback phase, with sellers likely to re-enter on rallies. Key Technical Levels: Current Price: 1.2795 Resistance (Supply Zone): 1.2857 – 1.2863 First Support Target: 1.2688 – 1.2690 Mid-Level Target: 1.2568 – 1.2570 Final Bearish Target: 1.2383 – 1.2390 (demand zone & key support) Trade Scenario: 📉 Bearish Bias: Price is expected to retrace into the supply zone (1.2857–1.2863) and then reject. If resistance holds and structure remains intact, expect continuation toward: TP1: 1.2689 TP2: 1.2568 TP3: 1.2385 🔁 Invalidation Zone: A sustained break and close above 1.2863 would invalidate the bearish setup and could trigger a move toward 1.3012. Technical Confluence: ✅ Previous consolidation turned into a strong resistance zone ✅ Bearish breakout from range ✅ Clean lower highs and lower lows structure ✅ Volume drop on the pullback (likely a corrective move)
Short
by ultreosforex
Heading into pullback resistance?GBP/USD is rising towards the resistance level which is a pullback resistance that is slightly below the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.2876 Why we like it: There is a pullback resistance level that is slightly below the 38.2% Fibonacci retracement. Stop loss: 1.2967 Why we like it: There is a pullback resistance level that lines up with the 50% Fibonacci retracement. Take profit: 1.2714 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
Lets Talk about GBPUSD..Trade Setup: Short GBP/USD Entry: Sell now! Stop Loss: Place your stop just above the recent intraday swing high. A level around 1.2790 offers a buffer in case of whipsaw moves. Take Profit: With the risk defined by the difference between 1.2790 and your entry near 1.2725 (approximately 0.0065, or 65 pips), aiming for a reward roughly twice that size can be attractive. Setting a target near 1.2580 gives you a risk/reward ratio around 1:2.2. This level is in the vicinity of prior support from the day’s price action. Rationale Technical Overbought Signals: The elevated RSI, Stochastic, CCI, and Ultimate Oscillator values suggest that buyers might be exhausted and a pullback is due. With oscillators teetering in the overbought zone, the market’s momentum appears at risk of reversing. Directional Indicators: The fact that the minus DI is significantly higher than the plus DI indicates that downward pressure is gaining strength, even though the ADX (≈21.65) and ADXR (≈23.32) hint that the trend isn’t yet fully solidified. This sets the stage for a potential reversal from an overextended area. Price Action & Key Levels: Today’s price action has been squeezed into a narrow range with support clustered around 1.272–1.273 (supported by DEMA and SAR levels). A confirmed break below this zone would likely trigger further selling into established support areas. Fundamental Surprises: With the mix of U.S. and U.K. fundamentals on the horizon this week, be mindful of possible volatility. If, for example, UK data comes in stronger than expected, it might buoy the GBP despite the technical caution—at which point you might re-assess or even consider a counter-trend long if the pullback reverses.
Short
by Sel_Ali