GBP-USD - SCALP TRADE _ SHORTI will enter with a short under the enter area , first we need to wait for a breakout of the support line
Gbpusd_forecast
GBPJPY BEARISH FAIR VALUE GAPBearish gbpjpy fair value gap, unmitigated waiting for a return into this area for a short position after the recent bearish move
GBP/USD: 15/05: Bears counterattack, nice entry point for sell.OANDA:GBPUSD GBP/USD is building strength to recover from near the 1.2455 support as the US Dollar Index (DXY) has posted downside momentum after seeing a high of 102.70 early in the European session . It is expected that Cable will strengthen its force after breaking through the immediate resistance of 1.2485.
GBP/USD has slipped below the Rising Channel chart pattern formed on the four-hour scale. Cable is on a make or break, so absolute volatility is widely anticipated. The 20-period exponential moving average (EMA) at 1.2520 has acted as a major hurdle for the British Pound bulls.
The Relative Strength Index (RSI) (14) is hovering in a bearish 20.00-40.00 range, suggesting more weakness to come.
GBPUSD Long I can see a clear bullish market structure in higher timeframe. Price is in Daily Demand right now. If price gets rejected and moves in another direction, we can see a posible bullish scenario.
GBPP : USD Bullish Trend @ 1hrBuy Stop: 1.2540
Stop Loss: 1.2490
TP-1 : 1.2590 @ 1:1 Risk / Reward Ratio
TP-2: 1.2640 @ 1:2 Risk / Reward Ratio
GBPUSD: Back to uptrend!Fundamental Overview
The GBP/USD pair has fallen below 1.2600 early on Thursday after reaching a peak of 1.2680 on Wednesday, marking its highest level in a year. In the short term, the technical outlook for the pair appears bearish, as attention turns to the Bank of England's policy announcements. The US Dollar weakened on Wednesday following the release of data showing that the Consumer Price Index only rose 4.9% on a yearly basis in April, below market expectations of 5%. Despite this, the GBP/USD pair was unable to maintain its bullish momentum due to cautious market sentiment.
Keeping an eye on 1h BOS - GBP/USDSunday planning - this week I want to keep an eye on the BOS on the 1h and see if theres a retest or break. Then using the 15m structure Ill plan an entry when the time comes.
GBPUSD 15min scalp hi dear traders
What does CPI data release mean?
It measures the average change in prices paid by consumers over a period of time for a basket of goods and services. The index is calculated and published monthly by the Bureau of Labor Statistics. It is among the most common measures of inflation, indicating the health and direction of the economy.
stop loss need for any position
good luck
GBPUSD sell setupgbpusd is currently tested its very strong supply area which is also an strong resistance zone
we are looking for a sell on the gbpusd
look for bearish confirmation on lower time frames and sell gbpusd with your own money management
always remember that discipline is the key to become successful in financial world
20 Reasons for buy GBPUSD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1.✨Eagle Eye: Based on the multi-year double-bottom bear trap formation and bullish momentum on the yearly chart, it appears that the multi-year downtrend is over. We will have a clearer picture once the 2023 candle is formed with some bullish momentum.
2.📆Monthly: While there is a clear downtrend, there are solid reasons to believe that the bulls are in control at this level. There is a consolidation here that has swept all the downside liquidity, and now the price has reached the monthly upside fvg area, which is a decision maker level for the future direction of this pair. The key level for price is 1.2851.
3.📅Weekly: There is a clear bullish structure with a proper Bullish Order Block (BOB) trend, which is supportive and without any weakness. Another 250 point area is open.
4.🕛Daily: Bulls are in power with a buildup formation ready to break another resistance. There is a proper inverted head and shoulder pattern, indicating a bullish move is expected.
😇7 Dimension Analysis
🟢 Analysis Time Frame: Daily
Price Structure: Bullish
Pattern Candle Chart: A triple top upside breakout has been achieved, and now the market is making a strong bullish move as expected.
Volume: Every time a massive volume appears on the bullish candle, it indicates that buyers are much stronger than sellers.
Momentum UNCONVENTIONAL RSI: The RSI has shifted from a sideways to a super bullish zone, which is excellent news.
Volatility Measure Bollinger Bands: The market is walking on the band, indicating that volatility is starting to increase.
Strength ADX: Bullish
Sentiment ROC: GBP is stronger than USD in terms of the monthly rate of change period 1.
✔️ Entry Time Frame: D1
12. Entry TF Structure: Bullish
Entry Move: We will enter at the open.
Support Resistance Base: The buildup base is supportive.
FIB: No need.
☑️ Final Comments: We will buy on a breakout or reversal.
16. 💡Decision: Buy Only
🚀Entry: 1.2630
✋Stop Loss: 1.2550
🎯Take Profit: 1.2866
😊Risk-to-Reward Ratio: 1 to 2
🕛 Expected Duration: 3 days
GBPUSD (ready for sclap )hello dear trader
After confirmation, you can sell in the lower time frame...
stop loss need for any position
goood luck
$GBPUSD Watch These 2 Zones On #GBPUSD Traders and Investors,
GBPUSD has been very bullish but the recent price action has started to show signs of fatigue. So watch these 2 zones (as marked on the chart) for a possible correction downward or trend reversal. A proper confirmation will be needed as the trend has been strong.
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Not financial advice or signal. Please make your own independent investment decisions.
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GBPUSD BUYHey, GBPUSD, there is a huge potential for an upside. After the bullish flag is formed. With breaking the strong resistance 1.22000. And re-test the same area. But the price couldn't break through it. We are waiting for more upsid .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
GBPCAD M30 Hello Dear Traders as marker has already rejected from weekly supply zone and now retesting zone so we will short GBPCAD every explanation has been explain in chart
GBPUSD sell setupthere are two scenarios are possible
market can make rejection here and give a move or go back to main resistance level area and than drop
i am interested in only selling in GBPUSD
look for bearish confirmation on lower time frame and sell GBPUSD with your own money management
always protect your capital and remember that patience pays
Could GBPUSD continue after today down trending market? Bull trends continue to point up as markets in the US has recently had a negative day. The British pound seems to be a strong currency as compared to others with decent performance over the last 30 days. The real test will be tonight as Asia and Europe open. If the British pound trend continues to strengthen, it is safe to say that this should continue over the long run. FX:GBPUSD
GBPUSD H4 2may2023if you look at this chart, the price seems to be in an uptrend channel, there is a high probability that the price will move up to the upper channel, as long as the price does not fall more than the invalid area.
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish.
- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2900 LEVEL. Before that, 1.2350 LEVEL can be SELL. So go to GBPUSD SELL ENTRIES.
Pound will fall morenow the GBP is on a channel and it will move higher on the channel..then it will fall to the previous resistance and which will turn support(RBS)
Huge Risk to Reward Trade opportunity on GBP/USDGBP/USD approaching a strong resistance area and descending trendline resistance.
I am also expecting a Risk off mood next week which will boost the Dollor.
Big opportunity for a strong short opportunity.
1:5 Risk to reward
Trade with caution and always remember to manage your risk.
Patience Pays!
GBPUSD BUYHello, the GBP USd pair is in positive condition. There is a high possibility that the price will go up. After breaking the flag. The pair reached a resistance that it is trying to break through.Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
Will the pound usher in a big rally?Because of the banking crisis and the expiration of the US debt ceiling, the market has exacerbated concerns about the risk of an economic recession. Looking at the world, the Ukrainian crisis, the European energy crisis, the food crisis and the refugee debt crisis, economic recession is actually inevitable, so the pound will not go into a bull market.
Judging from the recent trend, although GBP/USD has pierced 1.250 many times, they cannot effectively stand above 1.250, so it is easy to stage a market that rises and falls at this position, so for short-term trading, it is still possible to short at a high level host.
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