GBP/USD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
The BB upper band is nearby so GBP-USD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.334.
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GBPUSD
NZDCAD BULLISH OR BEARISH DETAILED ANALYSIS ??NZDCAD is currently coiling within a textbook bullish flag formation after an aggressive impulsive leg to the upside. Price action remains tight inside this consolidation structure, respecting both trendline resistance and support. As we approach the apex of this flag, I’m closely watching for a breakout confirmation to trigger the next bullish continuation leg toward the 0.8600 target.
From a macro perspective, the New Zealand dollar is gaining strength following the RBNZ’s firm stance on keeping rates elevated due to persistent inflation risks, particularly in housing and services. On the flip side, the Canadian dollar is showing relative weakness as oil prices stall and the Bank of Canada shifts toward a more dovish tone amid weaker economic data and slowing consumer spending. This divergence in central bank policy and economic outlook is building a strong fundamental case for NZDCAD upside.
Technically, the structure remains clean. The market formed a strong bullish engulfing rally earlier in April, and since then has entered a symmetrical correction with higher lows forming under compression. This is a classic continuation setup with strong momentum buildup underneath. A breakout above the 0.8280–0.8300 zone with volume would likely trigger institutional interest and drive price rapidly toward the 0.8600 level, which aligns with the measured move of the flag.
This is a high-probability trade idea supported by both technical and fundamental convergence. With risk well-defined below 0.8135 and momentum favoring the bulls, NZDCAD is one of my top setups going into June. Breakout traders and swing traders alike should keep this pair on the radar as the next bullish expansion looks imminent.
USD/JPY Poised for Upside: Momentum Building Toward Key TargetsBy examining the USD/JPY chart on the daily timeframe, we can see that the price is currently trading around 144. Given the momentum, I expect this pair to rise soon. The potential bullish targets are 145.5, 147.35, and 148.65 respectively.
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
GBPUSD H4 I Bearish Reversal Based on the H4 chart, the price is rising toward our sell entry level at 1.3547, a pullback resistance that aligns with the 61.8% Fibo retracement.
Our take profit is set at 1.3447, a pullback support.
The stop loss is set at 1.3611, above a swing high resistance.
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GBPUSD potential longMulti-Timeframe Market Outlook
3-Month (3M) Timeframe
• Price broke below key psychological/liquidity level at 1.2100 in Q3 2022, reaching 1.0500, where significant bullish order flow was triggered.
• Bullish momentum brought price back above 1.2100, but lacked strength to reach next liquidity zone at 1.3900.
• After retracing to collect orders at 1.2100 again, price advanced to 1.3400, met resistance, and returned to 1.2100.
• Recent price action shows a break above 1.3400, signaling renewed bullish intent and momentum toward higher targets.
Monthly Timeframe
• Fully aligned with the 3M structure; no additional significant divergences to note.
• Continuation of higher timeframe bullish structure remains intact.
Weekly Timeframe
• Last week, price broke and closed above major resistance at 1.3400 with strong bullish momentum.
• Next liquidity target: 1.3650.
• Price consolidated below 1.3400 for 4 weeks, suggesting accumulation of bullish orders.
• Current retracement likely a pause to collect more orders before resuming towards 1.3650.
Daily Timeframe
• Strong order flow observed at 1.3150, followed by consolidation between 1.3250 – 1.3300 before breaking 1.3400.
• Price has retraced ~100 pips since yesterday, likely seeking a liquidity zone.
• 1.3400 remains the key level to monitor for renewed bullish interest and continuation toward 1.3650.
4H Timeframe
• Notable bullish order block formed at 1.3400, resulting in nearly 200-pip upside.
• Price appears to be retracing to this region, likely to collect more buy-side liquidity before another leg up.
• Confluence across timeframes suggests strong bullish bias if price holds above or reclaims 1.3400.
My thesis is long but I am very mindful of FOMC minutes today and I am waiting to see the impact that it will have on price action.
GBPUSD SHORT FORECAST Q2 W22 D28 Y25GBPUSD SHORT FORECAST Q2 W22 D28 Y25
🔥👀QUICK SCOPE TECHNICAL REVERSAL HOT PICK
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Bullish continuation?GBP/USD is falling towards the support level which is an overlap support that is slightly above the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.3395
Why we like it:
There is an overlap support level that is slightly above the 50% Fibonacci retracement.
Stop loss: 1.3304
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Take profit: 1.3581
Why we like it:
There is a pullback support level.
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Bullish bounce?The Cable (GBP/USD) is falling towards the pivot which is an overlap support and could bounce to the 1st resistance.
Pivot: 1.3395
1st Support: 1.3317
1st Resistance: 1.3583
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GBPUSD Near Key Resistance – Watching for PullbackGBPUSD has surged to test the 1.3538 resistance, forming a strong impulsive rally supported by higher lows and tight bullish consolidation patterns. However, price is now pressing into a major horizontal resistance and rising trendline, setting up for either continuation or correction.
Key Levels:
Major Resistance: 1.35389 (previous high, potential double top)
Trendline Support: ~1.3440 (ascending structure)
Downside Target (if break occurs): 1.3140 (range floor)
Scenarios to Watch:
🔹 Bearish Scenario (Primary Watch)
Price reacts to 1.3538 and forms a rejection candle
Break of the ascending trendline may trigger a retracement
Downside target zones:
1.3440 (initial structure)
1.3140 (major support zone)
🔹 Bullish Breakout (Alternate Scenario)
Clean break and close above 1.3538
Would invalidate short-term correction and open path to new highs
Momentum continuation possible toward 1.3600–1.3700
Pattern Notes:
Bullish structure with minor flags and wedges in the uptrend
But rally is extended and hitting overbought territory near resistance
RSI divergence or reversal patterns around this level would strengthen short case
Conclusion:
📌 GBPUSD is at a major resistance. Watch for rejection or breakout.
📌 If it holds below 1.3538 and breaks trendline, short setup is favored.
📌 If it breaks out above 1.3538 with volume, stay out of shorts and wait for retest.
XAU/USD: Bull or Bear? Let's Find Out! (READ THE CAPTION)By examining the gold chart on the 4-hour timeframe, we can see that after our previous analysis, the price first corrected to the $3323 area and is currently trading around $3336. As mentioned in the previous analysis, as long as the price remains above $3313, we can expect further upside for gold. Based on the prior analysis, the next bullish targets are $3342, $3358, $3366, and $3394.
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
GBPUSD Will Fall! Short!
Please, check our technical outlook for GBPUSD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.355.
Considering the today's price action, probabilities will be high to see a movement to 1.336.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Double Top Alert: Key Resistance at 1.3570 Before US PCE DataGBPUSD PLAN – MAY 27 | Double Top Alert: Key Resistance at 1.3570 Before US PCE Data
GBPUSD is currently testing a critical resistance zone near 1.3570, forming a potential Double Top pattern. As markets await this week’s US Core PCE inflation release, the pair may be at risk of a short-term pullback.
🌍 MACRO FUNDAMENTALS
USD Rebounds Slightly ahead of April’s PCE inflation report – a key Fed inflation gauge due this Friday.
GBP Under Pressure as dovish tones from Bank of England (BoE) officials signal a potential pause in rate hikes.
UK Political Uncertainty and sluggish EU-UK trade talks continue to dampen investor confidence in the pound.
📊 TECHNICAL ANALYSIS
Price Structure: GBPUSD surged from 1.3446 support but is now facing resistance near 1.3570, where a Double Top formation is emerging.
Key Levels:
Resistance: 1.3570 – 1.3580 (previous high and psychological barrier)
Support 1: 1.3496 (confluence of EMA89 and 38.2% Fibonacci retracement)
Support 2: 1.3446
Indicators:
EMA13, EMA34 show early signs of bearish crossover on the 30-minute chart.
RSI approaches overbought territory, hinting at potential bearish divergence.
🎯 TRADE SETUP (IF PRICE REJECTS 1.3570)
🔻 SELL SETUP
Entry: 1.3570 – 1.3550
Stop-Loss: 1.3595
Take-Profit Targets:
TP1: 1.3496
TP2: 1.3446
📌 A bullish breakout only becomes valid if price closes strongly above 1.3590 on the H1 chart.
🧠 STRATEGIC NOTES
Wait for a clear reaction or bearish confirmation near 1.3570 before entering trades.
Avoid chasing trades mid-range; focus on clean breakouts or rejections.
PCE data may trigger volatility — manage risk tightly and prepare for directional momentum.
👉 What do you think of this Double Top scenario? Will GBPUSD reject or break through resistance? Drop your analysis below and follow for daily structured plans!
AudCad..PWL taken!!Good day traders, I’m back with another setup on AudCad and I like that previous week low was taken. We can now look at the power of 3 with higher TF in mind.
On the 4H TF price has been bearish but we can see that price left very “smooth” highs(relative equal highs) but ICT teaches us that price will always go back to make the smooth highs, smooth cries(liquidity sweep).
Before price took our low it left a FVG that’s we wanna see turn into an inverse.
The first target has to be our internal liquidity than the external liquidity that also has relatively equal highs too.
GBPUSD BULLISH OR BEARISH DETAILED ANALYSISGBPUSD has played out exactly as forecasted, completing a clean bullish leg from the Fibonacci confluence zones and breaking through the key 1.3430 resistance level. The structure remains strongly bullish, and after this minor retest, I’m anticipating another impulsive wave to the upside, with the next target sitting firmly at the 1.3900 level. The pair continues to respect both structure and momentum, showing consistent demand on dips.
Fundamentally, the British pound continues to gain strength backed by sticky inflation data and hawkish tone from the Bank of England. With UK CPI remaining elevated and core services inflation running hot, the BoE is being forced to hold its tightening bias. This contrasts sharply with the Federal Reserve, where recent data shows signs of softening labor markets and cooling price pressure, bringing rate cut expectations back on the table for the second half of 2025.
Technically, GBPUSD has cleanly respected all key fib levels from the previous correction. The breakout above 1.3430 has flipped structure into bullish continuation, and the market has already begun forming higher highs and higher lows on both daily and 4H timeframes. As long as price holds above the 1.3430–1.3450 retest zone, the bullish outlook remains intact with high-probability momentum toward 1.3900.
In current market sentiment, GBPUSD remains one of the strongest trending pairs, with institutions adding to long exposure as the dollar index weakens. As a professional trader, I remain long-biased and look to scale in on lower timeframe retracements. This is a textbook continuation play backed by both technicals and macro momentum. Let the trend work—bulls remain in full control.
Pound Tops $1.357 on Solid DataGBP/USD advanced above $1.357, hitting its highest level since February 2022, as Trump’s delay of the 50% EU tariff boosted global sentiment. The pound also gained from promising April data, with retail sales rising 1.2%, marking the fourth monthly gain. Inflation stayed high at 3.5%, adding uncertainty over the BoE’s next move. Markets now price in a 50% chance of a rate cut by August, with another possible by year-end.
Support lies at 1.3425, with resistance at 1.3600. Other key levels are 1.3850 and 1.3750 above, and 1.3165 and 1.2890 below.
GBPUSD Trending Higher - Can Bulls Maintain Momentum?OANDA:GBPUSD is trading within a clearly defined ascending channel, with price action continuing to respect both the upper and lower boundaries. The recent bullish momentum indicates that buyers are maintaining an advantage, increasing the likelihood of a continued upward trend.
Price has broken through a key resistance zone and successfully retested this area as support, confirming the bullish structure. This retest helps to reinforce the bullish outlook, with the next technical target around the 1.38000 level, in line with the upper boundary of the trend channel.
As long as price remains above the newly established support zone, the bullish trend remains intact. If this support zone is broken, a corrective scenario toward the midline or lower boundary of the channel should be reconsidered.
The analysis reflects a personal view based on price action and market structure, and is not financial advice. Appropriate risk management should be ensured in all trading situations.
GBPUSD SHORT IDEAGBPUSD has been rally up for a while. Currently, there's a divergence signal from the awesome oscillator on the daily timeframe. Switching to 4 hours timeframe, there's a clearer view of what's going on. Based on the 4 hours chart, rising wedge has been formed and there's also a bearish divergence signal from the awesome oscillator. In addition to these, price has mitigated a daily supply zone after taking out a significant high as a liquidity. Then, a bearish engulfing candlestick was formed, signifying potential reversal. On 1 hour timeframe, price has broken out of a rising wedge and retested it.
As a retail trader, one can enter a short position after the bearish engulfing candlestick confirmation. This aligns with the 1 hour breakout and retest. While one can wait for price to break out of the 4 hours rising wedge.
As a smart money trader, one can wait for a change of character and break of structure on the 4 hours timeframe to confirm that price has really changed its trend ready for a reversal.
Either way, one can take advantage of the potential short opportunity on GBPUSD.
Confluences for the short signal:
1. Bearish divergence signal from awesome oscillator on daily and 4 hours timeframe.
2. Rising wedge on 4 hours timeframe.
3. Price mitigating daily supply zone.
4. Price has taken out a significant high as a liquidity.
5. Bearish engulfing candlestick formation on 4 hours timeframe.
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. If you can't accept the risk, don't take the signal.
GBPUSD Trade IdeaThe GBPUSD pair is showing a strong bullish trend on the 4-hour chart. However, the price currently looks overextended. This suggests the market may be due for a corrective pullback.
I’m watching for a pullback into a discounted zone near the fair value gap.
If the price moves back into this zone, I’ll look for a bullish break of market structure as a signal to enter long.
This plan emphasizes patience and the importance of waiting for a favorable entry rather than chasing an extended move. As always, this is my personal strategy and not financial advice. Proper risk management and discretion are essential.
GBPUSD TECHNICAL REVERSAL SHORT FORECAST Q2 W22 D27 Y25GBPUSD TECHNICAL REVERSAL SHORT FORECAST Q2 W22 D27 Y25
🔥👀TECHNICAL REVERSAL HOT PICK
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GBPAUD…being the best is a mindset!!Good day traders, I am back again with another great setup and again another opportunity to learn something new.
On the daily TF on GBpAUD we still in a bearish structure and if we use the 2022 model, we had a structure shift lower and now that price is retesting the OTE entry levels we can now expect price to shoot lower, before you asked about the recent FVG on 4H TF. That newly formed BISI is that candle that created the BPR and from what I’ve learned is that price normally shoots past BPR’s.
My poll of liquidity is resting below(weekly), that Ray line makes weekly represents previous week’s low which we want to see the market get to. Just on top of that ray line we have a FVG that price left open, we also wanna see price fill that FVG fully.
GBPJPY BULLISH OR BEARISH DETAILED ANALYSISGBPJPY has successfully broken out of a long-term descending trendline on the 3D timeframe, which had capped price action for months. The breakout is now confirmed with multiple candle closes above the trendline and a retest holding firm around 190.500. This shift in structure signals a major bullish reversal, and I’m now targeting the 199.600 level as the next potential upside objective.
From a fundamental perspective, the British pound is strengthening amid persistent inflationary pressures in the UK, which are keeping the Bank of England firmly in the hawkish camp. With CPI still elevated and wage growth remaining sticky, the BoE has little room to cut rates aggressively anytime soon. In contrast, the Bank of Japan continues to hold a dovish tone with ultra-accommodative monetary policy, offering a wide interest rate differential that favors GBP longs, especially in carry trade setups.
Technically, this setup offers a clean risk-reward profile. The breakout above the descending structure combined with a strong support zone around 190.500 gives this move a solid foundation. We’re seeing momentum build with higher highs and higher lows forming across multiple timeframes. As long as GBPJPY holds above the 190.000 zone, the bullish bias remains valid and the path toward 199.600 looks open and sustainable.
Traders should keep a close eye on short-term pullbacks as potential re-entry zones. With a macro tailwind behind GBP strength and continued JPY weakness, this pair is primed for further upside. I’m riding this bullish wave with a medium-term outlook and adjusting my position based on intraday market behavior.