GBPUSD Demand Zone + Rounding OffFollowing on from the last idea I published, it looks GU is bullish and breaking the trendline. Here you would have to wait for a close above the trendline before entering. If it doesn't close above the trendline, it's not a valid entry.
However, this is a slightly riskier trade so keep that in mind.
GBPUSD
AUD/JPY Bearish Pennant Breakout and 500+ Pips TargetAUD/JPY represents the Australian Dollar against the Japanese Yen in the forex market. The current price is 96.800, with a target price of 86.000, indicating a strong bearish outlook. The expected price drop suggests a potential gain of 500+ pips if the trade moves as predicted. The analysis is based on the bearish pennant pattern, a continuation pattern signaling potential further downside. The price is currently consolidating within the pennant, awaiting a breakout. A bearish breakout would confirm strong selling pressure, leading to a sharp decline. Traders anticipate a drop toward the 86.000 level once the breakout occurs. This setup aligns with technical analysis, where pennants often lead to significant price movements. If the breakout is confirmed, momentum could accelerate the decline. Risk management is crucial, as false breakouts can occur.
GBP/USD Resistance Rejection and Bearish OutlookGBP/USD is a forex pair representing the British Pound against the US Dollar. The current price is 1.24150, and the target price is 1.21000, indicating an expected decline. This suggests a bearish outlook, with a potential gain of 300+ pips if the price moves as anticipated. The analysis is based on support and resistance levels, key technical indicators in forex trading. The price is currently facing strong resistance, leading to a rejection at this level. A rejection from resistance often signals selling pressure, pushing prices downward. Traders expect the price to drop toward the next support level at 1.21000. The setup aligns with technical analysis, where resistance acts as a ceiling for price movements. If the resistance holds, further bearish momentum could drive the price lower. Risk management is essential, as price movements can be unpredictable.
GBPUSD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/USD Drops from Three-Week High Amid Tariff and Rate SpeculatThe British Pound fell to $1.244 from a three-week high after Trump’s tariff threats on semiconductors, pharmaceuticals, and steel fueled dollar strength. Markets focused on central bank policies, with the Fed expected to hold rates and the ECB likely to cut by 25bps. In the UK, the BoE is still expected to cut rates in February despite strong PMI data.
The first resistance level for the pair will be 1.2460. In the event of this level's breach, the next levels to watch would be 1.2500 and 1.2600. On the downside 1.2420 will be the first support level. 1.2350 and 1.2265 are the next levels to monitor if the first support level is breached.
EUR/JPY - Key Decision Zone!this Wave B completing, or are we in the early stages of Wave C?
📊 Price is testing a critical area—will sellers take control, or is another leg up still in play?
🚀 Key Questions:
1️⃣ Is this Wave AB or BC?
2️⃣ Will we see a major sell-off, or is it a buying opportunity?
3️⃣ What’s the ideal entry & confirmation?
📌 Levels to Watch:
🔻 Bearish Scenario: If price rejects, we could see a deeper correction toward the demand zone 📉
🔼 Bullish Scenario: If buyers hold, we might see a breakout before reversal 📈
👀 Drop your analysis in the comments! Are you buying or selling? 🔥
Let me know if you want any tweaks! 🚀
GU 1H Sell Idea 1/25/25Since price is rejecting a monthly consolidation zone from 12/1/23, I would like a retest on the bottom of my 8H level to continue bearish at least up to the Daily Consolidation Zone that was created on 1/10/25.
Lower Lows and Highs have already started to form on the 1-5m, while the 15m is currently consolidating at market closure on 1/24/25. Also, the W. D, 4H, & 1H have all rejected the Monthly Consolidation Zone as of 1/24/25 market closure.
If the higher time frames line up, the sells will be valid.
GBP/USD Rolling Over at Resistance - Where Next?Chart Analysis:
GBP/USD is approaching the critical 1.2500 resistance level, a threshold that could determine the next directional move for the pair.
1️⃣ Resistance at 1.2500:
The horizontal level at 1.2500 has acted as a significant barrier, capping recent upward momentum.
A decisive break above this level would pave the way for further gains, potentially targeting the 1.2600 area or beyond.
2️⃣ Moving Averages:
50-day SMA (blue): Positioned at 1.2525, aligning closely with the resistance zone and reinforcing its importance.
200-day SMA (red): At 1.2791, remains above current price levels, indicating that the longer-term trend still favors the bears.
3️⃣ Momentum Indicators:
RSI: At 51.49, showing neutral momentum but with room for further upside before reaching overbought territory.
MACD: Remains below zero but is trending higher, suggesting improving bullish momentum.
What to Watch:
A sustained breakout above 1.2500 and the 50-day SMA could signal the start of a bullish reversal.
Failure to clear this zone may result in a pullback, with immediate support at 1.2400 and further downside toward 1.2300.
GBP/USD remains at a pivotal juncture, with the 1.2500 level acting as a key hurdle that bulls must overcome to establish a broader recovery.
-MW
GBP/USD Bullish Setup: Buyers Show Strong InterestAnalysis:
The Cable (GBP/USD) on the hourly chart has demonstrated impressive strength to the upside recently. However, on Friday, we observed a trend-changing pullback, with price retreating from a high of 1.2502 to a low of 1.2426.
Following this, the price broke the previous high again before creating a momentum low at 1.2414 earlier today.
On the 5-minute chart, a bullish setup has now formed following the momentum low. This suggests that buyers remain engaged, and we could see a bullish move back towards the 1.2499 level or potentially the high of 1.2524.
Entry Price: 1.2447 Long Entry
Stop Loss: 1.2412
Happy trading!
GBPUSD - Bullish Break + Demand ZoneHello traders
GBPUSD broke the daily trendline that was holding it in a downtrend. After this break, GU is looking bullish. But please note that this could be a fakeout.
After this break, price left an fvg on the daily timeframe and a demand zone on the 4H.
This is the daily chart with the breakout
I am looking to take a trade on the demand zone expecting price to go up.
XAU/USD : Get Ready for more correction before the next bullrun!Analyzing the gold chart on the 4-hour timeframe, we observe that in the last trading day of the previous week, before attempting to establish a new high, the price faced a correction from the $2786 level and has since declined, reaching as low as $2747. Currently, gold is trading around $2761, and if the price stabilizes below $2780, we can expect further corrections.
The potential targets for this decline are $2756, $2751, and $2747, respectively. This analysis will be updated soon!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Selling opportunity for GBPUSD!Based on the chart, price reached a resistance area that I previously considered for bigger timeframe and the reaction of price to this area is visible.
So I considered this rejection of price and making new lower lows as changing the trend to bearish (in 15min chart ).
Also risk/reward of this opportunity is around 1/4 which is considerable and I prefer to try it. how ever please pay attention to the news ( Durable goods orders ) that can effect on the chart.
GBP/USD BEARISH ALERTRight now GBPUSD is on 1.2426
We have trend line and resistance trend line which give us a signal for sell
We can put sell positions from 1.2426-1.2440
our target will be next 2 supports
Tp1 1.24068
Tp2 1.23857
USE PROPER MONEY MANAGMENT AND GET THIS TRADE TOGATHER
BE IN PROFIT TOGATHER 💪
USD/JPY Hits Target Again! Massive 500 Pips Move! What's Next?By analyzing the USD/JPY daily chart, we observe that the price has dropped precisely from the 156.75 zone, as anticipated in our analysis, and has hit the 154 target! The key demand zone is between 153 and 154.3, while the significant supply zones are 155.40, 157 to 158.2, and 158.8, respectively. The total return from this analysis has exceeded 500 pips so far! With your support, this analysis will be updated soon!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
The Latest Analysis :
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**EUR/USD Bearish Breakout: Potential Drop to 1.03500**This EUR/USD 1-hour chart indicates a **bearish breakout** from an ascending channel. Key observations:
1. **Breakout Confirmation:** Price has broken below the lower trendline of the rising channel, signaling a potential trend reversal.
2. **Bearish Momentum:** The price is retesting the broken trendline, and rejection at this level could confirm further downside.
3. **Target Zone:** The next significant support is around **1.03500**, aligning with previous structure levels.
4. **EMA Slope:** The short-term moving averages are turning bearish, adding confluence to a possible downward move.
If the price holds below the breakout zone, a short setup toward 1.03500 could be valid. A re-entry above the trendline could invalidate this bearish bias. FOREXCOM:EURUSD
GBP/USD SHORT FROM RESISTANCE
Hello, Friends!
We are going short on the GBP/USD with the target of 1.233 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
Bearish drop?The Cable (GBP/USD) has reacted off the pivot and could drop to the 1st support.
Pivot: 1.2503
1st Support: 1.2372
1st Resistance: 1.2602
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GBPUSD - My Style!This is quite interesting for you to understand!!
Look at the green doodle, it shows where it would move
Red line shows till which time it would fall, expecting a short up move after the fall because theres a steep orderblock where people like to move things up,
The prior orange round half circle marked are 200SMA high lines.
Orange box is also where you can plan buys to wait like a shark to eat a puffer fish!!
GBP/USD SELL IDEA (R:R=9.9)Selling GBP/USD now. A wonderful BAT formation just formed on 4 hour chart. Already forming lower highs and lower lows on smaller timeframes.
Stop Loss is: 125.332
1st Target: 1.23830
2nd Target: 1.23416
3rd Target: 1.22990
4th Target: 1.21600
Hope everyone is able to take advantage of this analysis! :)
GBPUSD: Channel Down forming a top on the 1D MA50.GBPUSD is neutral on its 1D technical outlook (RSI = 54.465, MACD = -0.003, ADX = 25.916) hitting today its 1D MA50 for the first time after October 9th 2024. By doing so, it reached the top of the 4 month Channel Down and is technically the best level to short. Attention is required as the 1D RSI broke over its 4 month Rectangle, so it may be an early bullish breakout signal, but until we close a candle over the 1D MA50, the trend is bearish and this is the most cost-effective short. The last 0.5 Fibonacci rejection (December 6th) targeted the 1.618 Fibonacci extension. This time we will aim a little higher than that (TP = 1.1950) to match the % decline of the previous bearish waves.
See how our prior idea has worked out:
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GBPUSD - 1hr ( Intra Day Buy Targe Range 180 PIP ) ☑️ Pair Name : GBP/USD
Time Frame : 1hrs Chart / Close
Scale Type : Large Scale
The GBP/USD currency pair, analyzed on a one-hour chart with a focus on large-scale movements, has recently demonstrated a bullish breakout after surpassing a significant key level at 1.22900. This breakout was accompanied by a notable increase in trading volume, reinforcing the strength of the bullish sentiment. As the market has successfully breached this critical resistance point, it indicates a potential for further upward momentum. Traders and investors should remain vigilant for subsequent price action that could confirm the sustainability of this bullish trend, particularly as the market continues to respond to evolving economic indicators and geopolitical developments.
Best Break Our / Key level's 1hr Tf
☑Bullish After Break Out key level + High Volume / 1.22900 Point
🛡 Bullish Break Out Done