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Gbpusdanalysis

GBPUSD: Anticipating Short-Term Bearish Reversal!Greetings Traders! Current Market Analysis: At the moment, GBPUSD has been primarily bullish coming into this week. However, recent price action indicates that we might anticipate some bearish institutional order flow to meet minor targets before potentially continuing the bullish trend. Key Observations: Market Structure Shift: We have seen a market structure shift, suggesting a potential reversal. This bearish sentiment was further confirmed when the price respected the Balanced Price Range, leaving the Fair Value Gap above it as a runaway gap. This indicates that the price has no immediate need to move further into premium prices. Trading Strategy: Entry Strategy: I am looking to see if the price retraces back into the H1 bearish order block. This will be my primary entry point. If the price does not retrace into the H1 bearish order block, I will seek other entry methods, provided the price gives me a confirmation to do so. Target Levels: The main target is the Daily Bullish Fair Value Gap, which is my draw on liquidity. Conclusion: By understanding the current bearish institutional order flow and leveraging key support and resistance levels, we can effectively anticipate and execute trades on GBPUSD. The observed market structure shift and the respect for the Balanced Price Range support a bearish outlook in the short term, guiding our strategy towards taking advantage of short opportunities while keeping an eye on the potential continuation of the bullish trend. Happy Trading, The_Architect
Short
by The_Archi-tect
GBP/USD Longs from 1.29400 back up This pro-trend idea aligns with the current bullish momentum, as we see price break structure once again. The recent impulsive move broke the previous supply, creating a new demand zone. I will now await a pullback to this demand zone, specifically a promising 3-hour demand. However, I won't be surprised if price continues to climb, reaching a supply area and then dropping to a deeper demand level. This could occur as price fills the imbalances left from the impulsive move. Confluences for GU Buys: Price has been very bullish, breaking structure to the upside. The current trend is bullish, matching the dropping DXY. There is significant liquidity to the upside, with strong bullish candles on the higher time frame. Demand zones have been created near the current price, indicating potential for another rally. P.S. I won't be surprised if price opens with volatility. A major incident involving Donald Trump in the USA could cause price gaps. Therefore, I will patiently wait for the market to settle before making any moves.
Long
by Hassan_fx
GBPUSD Weekly Analysis and OutlookGBPUSD Weekly Analysis and Outlook Next week, the GBPUSD pair is poised to challenge a key resistance level, showing potential for a significant bullish move. Traders should prepare for the possibility of the pair creating a new high as it attempts to break above this critical level. Current Market Overview: The GBPUSD has been building momentum for the next upward movement leg, with increasing buying pressure observed near the resistance zone. The pair's recent price action indicates a continuation of a bullish sentiment, supported by favorable market conditions. As it approaches this crucial resistance, traders are closely monitoring for signs of a breakout. Expectations and Potential Scenarios: As the GBPUSD approaches the key resistance level, several scenarios could unfold, which traders should prepare for: Primary Expectation: Bullish Breakout: If the GBPUSD successfully breaks above the resistance level, it is likely to trigger a strong upward movement, potentially creating a new high. This breakout could lead to higher price levels, offering traders opportunities to capitalize on the bullish trend. In this scenario, the pair might target subsequent resistance levels, reinforcing the positive outlook. Alternative Scenario: Resistance Rejection: However, if the GBPUSD encounters strong resistance and fails to break through, a temporary pullback might occur. This would allow traders to reassess and look for entry points at lower levels before the upward trend potentially resumes. Monitoring the price action closely at this resistance zone will be crucial to anticipate this scenario. Conclusion: In summary, the GBPUSD pair is at a pivotal point, with the potential for a significant breakout and the creation of a new high. Traders should watch for a decisive move above the resistance level, which could signal continued gains and a shift to a bullish trend. Keeping an eye on both bullish breakout and corrective pullback scenarios will be essential for effective trading strategies. Stay updated with market developments and adjust your positions accordingly. By Piptera Digital Solutions, Invest Wisely!
Long
by Piptera-Digital-Solutions
GBP/USD Outlook ICT Concepts💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on GBP/USD, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 🔍 Identifying Key Levels The chart displays crucial levels and zones that are impacting the current market behavior: • PMH: Previous Month High, an important resistance level where liquidity might accumulate. • FVG: Fair Value Gap, indicating an area of market imbalance. • Daily FVG: Daily Fair Value Gap, acting as a significant support zone. • PWL & PML: Previous Week Low and Previous Month Low, which are key levels where the market might capture liquidity before a reversal. • BSL: Buy-side Liquidity, indicating where traders have placed their buy orders. 📊 Key Considerations • BSL: The market has recently taken the buy-side liquidity, suggesting a potential reversal. • FVG: Currently, the price is trading within the Fair Value Gap, which suggests a bearish sentiment as the market might use this gap to gather liquidity before moving lower. • Daily FVG: Tapping into the Daily Fair Value Gap indicates a potential support zone where liquidity is gathered, potentially leading to a price reversal. • PWL & PML: These levels are significant as the market might target them for capturing additional liquidity before a reversal. 📉 Current Price Action The recent price action shows a bearish bias. The market has taken the buy-side liquidity (BSL) and is currently trading within the Fair Value Gap (FVG). This suggests a potential for further downward movement as the market uses this gap to gather liquidity. 🔄 Bearish Scenario Given the current market conditions, the bearish scenario is supported by several factors: • PMH Swept: The market has taken liquidity above the previous month high, indicating a potential reversal to lower levels. • FVG: The current Fair Value Gap represents an area of imbalance. If the price continues to trade within or below this gap, it reinforces the bearish outlook. • Daily FVG: Tapping into this gap suggests the market might use the gathered liquidity to drive prices lower. • Targeting PWL & PML: The price could target the previous week low and previous month low for capturing additional liquidity before a potential reversal. 📈 Bullish Scenario Considerations While the overall bias is bearish, there are factors to consider for a potential temporary bullish move: • Creating Low Resistance Sell-Side Liquidity: For any long positions, the market needs to create low resistance sell-side liquidity by taking out the sell orders, which could then be used to drive the price higher. • Lower Time Frame Short Positions: For any short positions in lower time frames, the market must target and take out the low resistance sell-side liquidity before moving significantly lower. 📊 Chart Analysis Summary The current price action suggests a bearish sentiment as the market has taken the BSL and is trading within the FVG. The Daily FVG acts as a critical support zone where the market might gather liquidity before potentially reversing. Traders should be cautious and look for signs of low resistance sell-side liquidity being taken for any long positions, and similarly for short positions in lower time frames. Understanding these key levels and market behaviors helps in making informed trading decisions. 🙏 Thank you for joining us! Exploring GBP/USD today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
by RealArmin
GBPUSD ( UNDER BULLISH PRESSURE ) ( 4H )GBPUSD HELLO TRADERS Tendency under bullish pressure after the price breakout resistance trendline TURNING LEVEL : a blue line between resistance and support level around 1.276 , indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level RESISTANCE LEVEL : there is a green line around 1.281 and 1.285 , indicates selling have already increase this level , so if the price stabilizing turning level reach this target SUPPORT LEVEL : there is a red line below turning level around 1.268 and 1.264 , indicates buying have already increase this level , so if the price breaking turning level reach this targets PRICE MOVEMENT : maybe first the price will trying to dropping turning level around 1.276 , after rising to the resistance level around 1.281 , then stable above this level reach 1.285 , if the price breaking turning level reach a support level at 1.268 , then stabilizing below this level reach a 1.264 TARGET LEVEL : RESISTANCE LEVEL : 1.281 , 1.285 SUPPORT LEVEL : 1.268 , 1.264
Long
by ArinaKarayi
4
GBPUSD analysis week 28☘️GBP/USD rebounded above 1.2800 supported by revived interest rate cut hopes. Investors are betting that the Federal Reserve (Fed) will be pushed further to cut interest rates in the third quarter after US Nonfarm Payrolls (NFP) labor figures showed issued a misprint, beating forecasts but with a large revision from previous figures. ☘️The most recent UK Parliamentary election took place and ended with little volatility in the markets. GBP traders will have to do their best to wait for next week's UK Industrial Production figures for May, which are expected to recover from April's sharp decline. ☘️The pair is climbing to the resistance level of 1,280 and shows signs that a strong breakout could continue next week. Some further buying should break the nearest resistance level and push the pair back to two-week highs around 1,285. The circular resistance zone around 1,290 will be where GBP investors look to take profits when the price slides to this zone. In the opposite direction, the pair may still need a recovery to continue maintaining its stable uptrend. The first support level is around 1,276 where there is strong support from the two EMA 34 and EMA 89 lines. The price can retreat more strongly to the support area of ​​1,271 retracement points of Fibonacci 0.5 and is the break out area from downtrend. Support: 1,276-1,271 Resistance: 1,285-1,289 Trading signals SELL GBPUSD zone 1.28-1.290 SL 1.292 BUY GBPUSD zone 1.271-1.269 SL 1.267
by TVS-Trader
GBPUSD, a high probability idea to sell from trendlinesIdea No : 20 16 out of last 19 ideas were successful and 3 still running, let's talk about 20th this idea is on our radar for the past few days now and we were waiting for the touch of either one of the red resistive trendlines and it did the touch after NFP last week therefore this is a high probability idea and we expect selling pressure soon and it looks prety much inevitable now by the way, our last idea on this pair was spot on, check the related idea let's see...
Short
by myself467
GBPUSD : Sell and Long opportunities for upcoming week !!!Hello traders, hope you doing great. for upcoming week, we'll have two option based on specified levels. The first one is waiting for blue zone and take long, and the second one is waiting for red zone and wait for confirmation of sell. so we have to wait and see what will happen. and finally tell me what do you think? leave your comment below . If this post was helpful to you, please like and share with your friends. Thanks.
by aminrzb
GBP FACES CHALLENGES IN THE 3RD QUARTERGBP FACES CHALLENGES IN THE 3RD QUARTER Pressure is mounting at the GBP withinside the 1/3 area as hobby price cuts are sooner or later considered, whilst the United Kingdom trendy election reasons a bout of volatility and weak point withinside the GBP, with the Conservative Party in power. recorded the bottom consequences in decades. The Labor Party gained a landslide victory withinside the July four election. With the brand new government`s spending plans nevertheless unclear, buyers might also additionally live farfar from GBP and GBP-denominated assets, till while the monetary state of affairs is extra stable. UK INFLATION: TARGET ACHIEVED, BUT DIFFICULTIES STILL REMAIN The UK reached a key monetary milestone in May while inflation information hit the BoE's goal. For the primary time in almost 3 years, UK headline inflation fell to 2%, in step with the BoE's long-time period goal and staining a outstanding turning factor withinside the nation's combat in opposition to growing rate pressures . Core inflation - which includes meals and energy - additionally fell from 3.9% to 3.5%, whilst offerings inflation fell from 5.9% to 5.7%, proper on target however nevertheless worryingly excessive for the BoE.
Long
by TheLeader_WOLF
GBP/USD Sell to Buy idea from 1.28400 down to 1.27600While GU buys are more favourable overall, as day traders, we will focus on nearby opportunities. This week, sells look promising at the 2-hour supply zone, where I expect a bearish reaction. This is a small move intended to trigger a retracement back down towards the 18-hour demand zone. Once the 18-hour demand zone is mitigated, I will look to take buys. If price falls through this demand zone, the more ideal zones are the 9-hour or 8-hour demand. Overall, I am bullish as price is breaking structure to the upside, but a retracement is expected. Confluences for GU Sells to Buys: Price is very near a good 2-hour supply zone at the top of a structural point. Imbalances below to target, as well as liquidity that needs to be taken. Price has been very bullish and needs some correction. Price is currently in a bullish trend, so sells to buys are favourable. DXY is looking quite bearish as of now. P.S. If price continues going up and breaks the 2-hour supply and structure once again, I will focus heavily on long opportunities.
Short
by Hassan_fx
GBPUSD | Perspective for the new week | Follow-upIn this video, we examine the recent performance of the GBP/USD, which closed Friday at a fresh five-week low, marking its third consecutive week of decline. The Bank of England's (BoE) recent interest rate decision did little to bolster confidence in the British pound. Meanwhile, a late-week surge in the US Purchasing Managers Index (PMI) dampened risk appetite, giving the US Dollar a lift heading into the weekend. On Thursday, the pound and UK bond yields fell after the BoE left interest rates unchanged at 5.25%. Some policymakers noted that their decision not to cut rates was "finely balanced". Additionally, British inflation data revealed a drop to 2% in May, hitting the BoE's target for the first time since 2021. However, concerns remain over underlying price pressures, particularly in the services sector. With positive US economic data reducing the likelihood of an early rate cut from the Federal Reserve (Fed), market sentiment shifted towards the safe-haven Greenback on Friday. Looking ahead, UK economic data remains sparse heading into next week, leaving Sterling traders focused on next Friday’s Gross Domestic Product (GDP) release. In the US, economic data releases are also limited to mid-tier reports early next week, with the US GDP update scheduled for next Thursday. GBPUSD Technical Analysis: Will the pound maintain selling pressure below $1.26750? Watch this video for key trades this week. Join the discussion for updates on GBP/USD trading. Stay tuned for more content. Happy trading! Disclaimer Notice: Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
by darcsherry
GBPUSD I Potential short-term pullback and more growthWelcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
by BKTradingAcademy
1
GBPUSD BUY | Idea Trading AnalysisGBPUSD is falling towards a support level which is a pullback support and could bounce from this level to our take profit. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Long
by TheGrove
5