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Gbpusd_forecast

GBPUSD Be bullishIf GBPUSD can effectively break through the resistance level of 1.30000, it is likely to attract more bulls to enter the market, driving the exchange rate to rise further. The potential resistance levels above might be around 1.31400, 1.32100, etc. On the contrary, if it encounters resistance and drops back near 1.30000, the support levels below are at around 1.28888 and 1.27000. 💎💎💎 GBPUSD 💎💎💎 🎁 Buy@1.28000 - 1.28500 🎁 TP 1.30000 - 1.31400 The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
Long
by BenGray9
Trade Idea: GBP/USD Long SetupPair: GBP/USD Timeframe: 4-Hour (4H) Trade Type: Long Entry: 1.2900 - 1.2950 Stop Loss: 1.2850 (below previous structure low) Technical Analysis: GBP/USD has been trending within a well-defined ascending channel, characterized by higher highs and higher lows. The recent price action saw a pullback toward the lower boundary of this channel, around the 1.2860 region, which coincides with the 200-period Simple Moving Average (SMA) on the 4-hour chart, providing a confluence of support. A bullish candlestick pattern or a bounce from this support zone could signal a potential continuation of the uptrend toward the upper channel resistance near 1.3270.  Fundamental Analysis: Recent economic developments support a bullish outlook for GBP/USD: • UK Inflation Data: The UK’s Consumer Price Index (CPI) rose by 2.8% in February, down from 3% in January and below the expected 2.9%. This easing inflation may influence the Bank of England’s monetary policy decisions, potentially leading to a more accommodative stance, which can be supportive of the GBP.  • US Economic Factors: The US is set to impose new tariffs starting in April, which could impact market sentiment and influence USD strength. Additionally, upcoming US PMI data may provide further insights into economic conditions that could affect USD performance.
Long
by parraggon
3
GBP/USD Potential Bear Momentum...I couldn't resist the GBP/USD bear opportunity here displaying a broadening pattern. I'm already in established shorts on the EUR/USD at 1.0891 but decided to jump in on GBP/USD at 1.2916 considering the price movements can be more pronounced. Right now, my cap on whether this trade works or not is 1.3000. if we, for whatever reason, pop back up to 1.3000, I'd close this trade but for now, I think this trade looks good and will target 1.2750 however, using chart pattern percentages, I wouldn't be surprised to see 1.2600. We'll see how this one looks going forward, especially with trump announcing more tariffs later today. As always, Good Luck & Trade Safe.
by InternalTraderNYC
GBP/USD Trade idea GBP/USD is currently around 1.29165. A recent bearish move has been observed. There is a Fair Value Gap (FVG) on the H4 timeframe just above the current price. Expected Price Action (Blue Path): Price might first move upwards to fill the H4 Fair Value Gap, potentially reaching the 1.29801 level (previous high area). This area could act as a liquidity grab or inducement zone. Main Expectation (Red Path): After hitting the FVG area and liquidity zone, the price is expected to reverse downward. The target for this move is 1.28121, where there is another key demand area / Weekly Fair Value Gap (W-FVG). Key Levels: FVG (H4) – Target for potential upward move. 1.29801 – Liquidity / potential reversal zone. 1.28121 – Main downside target after rejection.
Short
by Asif_Brain_Waves
GBP/USD Market Analysis: Potential Short Setup at ResistanceThe GBP/USD pair is trading near the **1.3000** psychological level, showing signs of consolidation after a strong bullish move. The chart suggests a potential reversal as price approaches a key resistance zone, with an apparent liquidity grab at the recent high. The highlighted area around **1.2946 - 1.2921** represents a significant **H4 demand zone**, where price could retrace before continuing its next move. A break below this zone would indicate a deeper correction, with potential downside targets towards **1.2870** (OA level). **Key Considerations:** - A sustained break above **1.3000** could invalidate the bearish setup, leading to further upside momentum. - A rejection at this level, combined with bearish price action, could confirm a short opportunity with a target towards the demand zone and lower support areas. **Conclusion:** Traders should monitor price action around the resistance level and confirmation of a bearish reversal before committing to short positions. If bullish momentum persists, a breakout could open the door for further gains.
Long
by BeaucoupPips
GBP/USD: Bullish Channel Meets Overbought Zone in RSISince March 3, an unprecedented bullish movement has emerged on the GBP/USD daily chart, with the pair accumulating a gain of over 3% during this period. The bullish pressure continues to be driven by uncertainty surrounding the trade war, which has gradually weakened the U.S. dollar, prompting investors to seek refuge in European currencies. Today, the market is showing a strong neutral candle, partly due to the expectation surrounding the Federal Reserve’s interest rate decision, which will be announced tomorrow, along with the Bank of England’s decision on Thursday. Until the outcomes of both central bank meetings are known, the neutral bias is likely to dominate short-term movements in GBP/USD. Bullish Channel Since mid-January, a consistent bullish pressure has developed in the pair, forming a short-term ascending channel. Currently, price movements are testing the upper boundary of this channel. If buying pressure remains strong, the bullish trend could accelerate in the coming sessions, leading to a steeper channel in the short term. RSI (Relative Strength Index) However, the RSI presents a different scenario. The upper boundary of the bullish channel coincides with the overbought zone, as the RSI oscillates near 70 . Additionally, higher highs in price and lower highs in the RSI indicate a persistent divergence. These two signals suggest that buying momentum may be slowing down, potentially leading to short-term bearish corrections. MACD (Moving Average Convergence Divergence) The MACD is showing a similar trend to the RSI. The signal line and MACD line are at levels not seen since August 2024, and a potential crossover could occur in the coming sessions. This indicates that the recent bullish momentum in moving averages is gradually fading, which could create room for selling corrections in the upcoming sessions. Key Levels to Watch: 1.29721 – Current Resistance: This significant resistance level sits at the upper boundary of the bullish channel and coincides with the 61.8% Fibonacci retracement level. Sustained breakouts above this level could accelerate buying pressure, leading to a stronger bullish move. 1.27700 – Near-Term Support: This support zone aligns with the 50% Fibonacci retracement level and could serve as a potential area for short-term bearish corrections. 1.26183 – Distant Support: This critical support aligns with the 50- and 100-period moving averages and the lower boundary of the larger bullish channel. A break below this level could jeopardize the current bullish formation, potentially triggering a stronger bearish move. By Julian Pineda, CFA – Market Analyst
by FOREXcom
GBP/USD 30-Minute Bearish Trade Setup & Analysis200 EMA (Blue) at 1.29285 – Represents long-term trend support/resistance. 30 EMA (Red) at 1.29329 – Represents short-term trend direction. Trade Setup: Entry: The trade seems to enter near the 30 EMA after price rejects a resistance zone (highlighted in purple). Stop Loss: Placed above the resistance zone at around 1.29564 - 1.29568. Take Profit Levels: TP1: ~1.29250 TP2: ~1.28996 TP3: Final target at ~1.28827 Market Analysis: The price has rejected the 30 EMA, signaling potential bearish movement. The downtrend projection suggests a possible break below 1.29250, aiming for the lower support levels. The risk-to-reward ratio appears favorable, with a tight stop loss and multiple profit-taking points. Possible Scenarios: Bearish Case (High Probability): If price stays below the 30 EMA, it may continue down towards the target points. Bullish Case (Low Probability): If price breaks above the resistance zone, it could invalidate the short setup, triggering the stop loss. Would you like a deeper analysis or confirmation with another indicator?
Short
by EA_GOLD_MAN_COPY_TRADE
#GBPUSD 4HGBPUSD (4H Timeframe) Analysis Market Structure: The price is currently trading near a key resistance area, where previous selling pressure has been observed. This level has historically acted as a barrier, rejecting upward movements and leading to price declines. Forecast: A sell opportunity is anticipated from the resistance area if the price shows signs of rejection, such as bearish candlestick patterns or a decrease in buying momentum. Key Levels to Watch: - Entry Zone: Consider entering a sell position if the price fails to break above the resistance and confirms rejection. - Risk Management: - Stop Loss: Placed above the resistance area or recent swing high to manage risk. - Take Profit: Target nearby support levels for potential downside movement. Market Sentiment: The resistance area is a critical zone to monitor for potential price reversal. Confirmation through bearish signals is recommended before executing a trade.
Short
by PIPSFIGHTER
GBP/USD Strength Persists, but Watch for Reversal at 1.30Similar to EUR/USD, GBP/USD experienced a strong rally starting in March, breaking above the key resistance level in the 1.2775 zone. Over the past three days, the pair has consolidated well above the broken resistance level, suggesting that another upward spike is likely. However, the 1.30 level is both a significant technical and psychological barrier. If the price reaches this zone, a correction could follow. In conclusion, I’m closely watching the pair, and if we see a spike toward 1.30, I will look for selling opportunities. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
by Mihai_Iacob
5
GBPUSD Weekly FOREX Forecast: March 10 - 14th In this video, we will analyze EURUSD and EUR Futures. We'll determine the bias for the upcoming week, and look for the best potential setups. The GBP has been a bit stronger than its counterparts, and has shown bullish intent in recent days. Friday's candle was very strong, and price is likely to see higher prices over the next week. A correction to Friday's candle is likely, followed by longer term bullishness. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME:6B1!Long
by RT_Money
GBP/USD 15-Minute Chart: Bearish Reversal at Harmonic CompletionThe chart showcases a well-defined harmonic pattern, the Shark, with the price reaching the terminal zone at 1.2670 , marked by a red downward triangle. This suggests a potential reversal zone where selling pressure may emerge. Key observations: The price has reacted strongly at the completion point, aligning with Fibonacci extensions. Overbought conditions are evident in the RSI and other momentum indicators, indicating potential exhaustion of the bullish trend. Target levels: T1: 1.26241 T2: 1.25741 Suggests a possible downside move if the reversal confirms. Traders should watch for bearish confirmation before entering short positions, while bulls may seek a break above 1.2670 for further upside.
Short
by BeaucoupPips
Gpbusd today analysisSupport Levels: 1. Support Buy Area – Around 1.2900 This is where buyers may step in to push the price higher. 2. Support Sell Area – Around 1.2850 – 1.2800 If the price drops below this, a bearish move may continue. Resistance Levels: 1. First Resistance Area – Around 1.2950 – 1.3000 If the price reaches this level and fails to break through, a pullback might occur. 2. Major Resistance – Above 1.3000 If the price breaks this level, a strong bullish rally could continue.
Long
by James-Loen360
GBPUSD BUY 📊 Technical Analysis & Entry Signal 💹 🔍 The chart shows a strong uptrend where the price has broken a key resistance level and is now pulling back to retest it. As highlighted in the analysis, it's crucial to wait for a complete pullback and confirmation before entering a trade. 📈 Entry Signal: ✅ Entry: After pullback confirmation around 1.27570 🎯 Targets: First Target: 1.27952 Second Target: 1.28269 Third Target: 1.28645 🛑 Stop Loss: 1.27414 (Risk management is essential) 📝 Important Note: Always manage your risk and avoid entering without confirmation. 📉
Long
by EhsanZeydabadi
GBPUSD Week 10 Swing Zone/LevelsWeek by week pinched pips keeps increasing. As highlighted last week, Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc). Using the 5min candle for entry keeps the SL small btw 10-15 pips and TP ideally to the next level. Some swing levels are only marked after price interacts pre-calculated levels. Two possible road maps for the week, a or b? As always price action determines trades.
Short
by PinchPips
2
GBP/USD "The Cable" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on! however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at 1.23750 (swing Trade) Using the 4H period, the recent / nearest low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1.28000 (or) Escape Before the Target Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: GBP/USD "The Cable" Forex Market market is currently experiencing a bullish trend,., driven by several key factors. 🔰 Fundamental Analysis The current price of GBP/USD is 1.25110, with a slight increase from the previous day's open price of 1.23935. This upward movement could be attributed to the UK's economic indicators, such as GDP growth rate, inflation rate, and employment data. 🔰 Macroeconomic Analysis From a macroeconomic perspective, the UK's economy has been experiencing a slowdown due to Brexit uncertainties and global economic downturn. However, the Bank of England's monetary policy decisions, such as interest rate changes, have been influencing the GBP/USD exchange rate. 🔰 COT Report Net Long Positions: Institutional traders have increased their net long positions in GBP/USD to 60% COT Ratio: The COT ratio has risen to 2.5, indicating a bullish trend Non-Commercial Traders: Non-commercial traders, such as hedge funds and individual traders, have increased their long positions to 65% 🔰 Technical Analysis Trend Line: The pair is holding comfortably above the ascending trend line Moving Averages: The 200-period and 100-period Simple Moving Averages (SMA) are indicating a bullish bias Relative Strength Index (RSI): The RSI indicator on the 4-hour chart stays above 50, indicating a bullish trend 🔰 Market Sentiment Bullish Sentiment: 63% of client accounts are long on this market, indicating a bullish sentiment Bearish Sentiment: 37% of client accounts are short on this market, indicating a bearish sentiment. 🔰 Positioning Data Analysis Institutional Traders: Institutional traders are positioning themselves for a bullish trend, with some predicting a move to 1.28000. Corporate Traders: Corporate traders are also monitoring the pair's performance, considering factors like interest rates and global economic trends 🔰 Overall Outlook Bullish Trend: The GBP/USD pair is expected to continue its bullish trend, with potential upside to 1.28000. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Long
by Thief_Trader