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Gbpusdanalysis

1-Hour Chart Analysis GBPUSD Visit fourtrades website for daily and 4h chart breakdown link in the bio The 1-hour chart provides a closer look at the short-term dynamics. The price recently broke above a descending trendline, suggesting a potential short-term bullish reversal. However, the price action remains choppy, with several resistance and support levels to watch. Key Observations: Immediate Resistance: The 1.2950 level is a key resistance point. A break above this level could lead to a test of 1.3000. Support Levels: Immediate support is around 1.2920, with stronger support at 1.2900. Conclusion The GBP/USD pair is currently at a critical juncture. The daily chart shows a well-defined ascending channel, with the price testing key resistance levels. The 4-hour and 1-hour charts indicate potential bullish momentum, but significant resistance levels need to be cleared for a continuation of the upward trend. Traders should closely watch the 1.2900 support level and 1.2950 resistance level for potential breakout or breakdown scenarios
Long
by FourtradesTV
GBPUSD:300+ Pips A Great Buying Opportunity!Dear Traders, GBPUSD has recently completed its corrective phase and is currently poised to establish a new yearly high. The overall bullish trend remains intact, and we anticipate further price appreciation in the coming days. However, it is important to note that several significant news events are scheduled for this week and next, which could introduce volatility into the market. Therefore, we recommend employing prudent risk management strategies when trading this pair. Good luck and trade safe!
Long
by Setupsfx_
7
GBP/USD Shorts are becoming more dominant? GU sell opportunities are looking increasingly favorable as the dollar continues to rise. We now have some high-quality supply zones, specifically the 19-hour and 4-hour zones. If the price breaks the nearby low and structure again, the 2-hour supply zone I’ve identified will become more valid. Since the price is not near any of my high-time-frame points of interest (POIs), if it keeps falling, I expect the imbalances to be filled and the demand zones to be mitigated. Ideally, we will see a reaction from the 3-hour or 17-hour demand zones. Confluences for GU Sells: The dollar is bullish, indicating GU should trend downward. Valid supply zones are forming, presenting potential bearish trade setups. There are numerous imbalances and liquidity below that can be targeted. The price has changed character and broken structure to the downside on the higher time frame. P.S. I will closely monitor the price action throughout the week and adapt accordingly. It appears that a sell position is becoming more likely due to the Wyckoff distribution observed on the high time frame.
Short
by Hassan_fx
GBPUSD: Anticipating Bullish Momentum Towards Key ObjectivesGreetings Traders, Current Market Analysis: At the moment on GBPUSD, I am anticipating a bullish draw targeting key objectives. The primary focus is on the engineered trendline liquidity, followed by the Daily Fair Value Gap (FVG). Key Observations: Trendline Liquidity: The first objective is the engineered trendline liquidity, which is expected to contain a significant amount of buy stops. This area provides an opportunity to either scale out of positions or hold them to reach the next target. Daily Fair Value Gap (FVG): The second objective is the Daily FVG, which serves as a key area of interest for this bullish draw. Trading Strategy: Current Position: I am already in a buy position taken earlier. Potential Entry Point: There is another potential point of interest for considering long positions, as indicated on the chart above. This aligns with one of my entry models. NOTE: Please ensure to further investigate this information before making any trading decisions. NOTE: The possibility of price also taking out the sell stops before continuing higher. All of this needs to be consider in your trading, also the possibility of my bias being wrong. Therefore, further investigate this idea. Refer :https://www.tradingview.com/x/FUE5vKZd/ Target Levels: Engineered Trendline Liquidity: The primary target to observe for scaling out or holding positions. Daily Fair Value Gap (FVG): The secondary target, serving as a significant area for the bullish draw. Conclusion: By understanding the current bullish institutional order flow and identifying key liquidity zones, we can effectively anticipate and execute trades on GBPUSD. The engineered trendline liquidity and Daily FVG provide strategic targets, guiding our outlook towards continued bullish momentum. Happy Trading, The_Architect
Long
by The_Archi-tect
1
7 Dimension Buy Setup For GBPUSD Core Analysis Method: Smart Money Concepts 😇7 Dimension Analysis Time Frame: 15 minutes 1: Swing Structure: Current structure shows a Bearish Side CHOCH, but in a broader view, this is just a liquidity sweep character. After tapping the liquidity area, the price gives a strong MSS and inducement. After that, the price also takes this minor structure POI and now starts an upward move again. At the same area, the price also sweeps the previous day's low liquidity. 🟢 Structure Behavior: Bullish 🟢 Swing Impulsive Move: Just started 🟢 Internal Structure: Bullish 🟢 Liquidity area sweep acts as POI in a powerful discounted zone 2: Pattern 🟢 CHART PATTERNS: No considerable pattern found here 🟢 CANDLE PATTERNS: After a Record Session count, the price makes a correction within the candle pattern. During correction at the same level, the price also makes a shooting star, ending the correction sign of the candle. Within the shooting star, an inside bar or narrow range is created, most probably it will break to the upside. 3: Volume 🟢 During the correction phase of the 15-minute structure, very low volume is observed in this corrective move. But now, when it touches the POI, a significant increase in volume bars is seen, indicating some big activity at this point. 4: Momentum RSI 🟢 In bearish to sideways zone, need to wait for confirmation of the range shift. At the same level, it also has an 80% confirm signal called RSI loud moves in the bullish side and 7* signal Grandfather father son entries (Andrew Cardwell RSI Concepts). 5: Volatility Bollinger Bands 🟢 At this point, expansion might be ending; now the price might take some rest before starting its move. 🟢 A bullish head fake also at the POI makes this area more attractive for buying. 6: Strength: GBP is stronger than USD in this time frame. 7: Sentiment: All sentiment indicates a strong buy. ✔️ Entry Time Frame: 15 minutes ✅ Entry TF Structure: Bullish ✔ Entry Time POI: FVG OB LIQ Everything confirm and mitigated ☑️ Trend line breakout: Confirm 💡 Decision: BUY 🚀 Entry: 1st 1.2962, 2nd 1.2941 ✋ Stop loss: 1st 1.2923 🎯 Take profit: 1.3060 😊 Risk to reward Ratio: 6.5 RR 🕛 Expected Duration:
Long
by Optimum369
GBPUSD: Anticipating Continued Bearish Momentum!Greetings Traders! Current Market Analysis: At present, I anticipate a continued sell-side draw on GBPUSD, targeting the daily fair value gap, which serves as today's draw on liquidity. This area also contains relatively equal lows, which are known to harbor a significant amount of sell stops. Key Observations: Trend Continuation: The trend has predominantly been bearish coming into today's price action. Therefore, we anticipate that bearish arrays will continue to maintain the bearish institutional order flow. H1 Bearish Order Block: One key array under observation is the H1 bearish order block. I expect this area to hold as a strong resistance zone, guiding the price towards our target area. Trading Strategy: Focus on Bearish Momentum: Given the current market structure, I am focusing on bearish momentum. The H1 bearish order block is anticipated to act as a significant resistance level, facilitating a move towards the daily fair value gap. Target Levels: Daily Fair Value Gap: The primary target is the daily fair value gap, identified as the current draw on liquidity. The presence of relatively equal lows in this area indicates a high concentration of sell stops, making it a strategic target. Conclusion: By understanding the prevailing bearish institutional order flow and identifying key resistance zones, we can effectively anticipate and execute trades on GBPUSD. The H1 bearish order block provides a strategic resistance level, supporting our outlook towards continued bearish momentum. Happy Trading, The_Architect
Short
by The_Archi-tect
GBPUSD: Potential Intraday Sell Opportunity!Greetings Traders, Current Market Analysis: At present, I am observing a potential intraday opportunity to sell off into the H1 bullish order block, which is residing in discount prices. I am already in a sell trade on GBPUSD, taken earlier. Key Observations: M15 Breaker Block: We have experienced a pullback into an M15 breaker block situated in premium prices. This zone presents a potential area to seek confirmations for selling opportunities, targeting the draw on liquidity, which is the H1 bullish order block. M15 Bearish Order Block: There is also a possibility of price pushing further into premium prices, reaching the M15 bearish order block. This is another area where we can look for potential selling opportunities. Trading Strategy: Selling Opportunities: Focus on seeking confirmations to sell off around the M15 breaker block and the M15 bearish order block, targeting the H1 bullish order block residing in discount prices. Target Levels: H1 Bullish Order Block: The primary target is the H1 bullish order block, aligned with the current draw on liquidity. The aim is to see price fill the liquidity void. Conclusion: By understanding the current market structure and identifying key areas for potential selling opportunities, we can effectively execute intraday trades on GBPUSD. The pullback into the M15 breaker block and the possibility of reaching the M15 bearish order block provide strategic points for selling, guiding our approach towards capitalizing on intraday opportunities. Happy Trading, The_Architect
Short
by The_Archi-tect
GBPUSD ( BULLISH ) ( 4H )GBPUSD HELLO TRADERS TENDENCY : the price stabilizing above turning level , indicates is under bullish pressure . TURNING LEVEL : the price around 1.294 . PRICE MOVEMENT : the price in previously it can be a strong rising and created a new historical peaks , currently price 1.296 , as long as the price stabilizing above turning level reach a resistance level my goal 1.298 , 1.303 PRICE ACTION : LONG CONDITION : until the price trading above this level reach a resistance level at 1.298 , then stable this level created a new resistance level at 1.303 . SHORT CONDITION : if the price breaking turning level at 1.294 , reach a support level at 1.290 , then breaking this level reach a next support at 1.285 TARGET LEVEL : RESISTANCE LEVEL : 1.298 , 1.303 ( new resistance level ) . SUPPORT LEVEL : 1.290 , 1.285 .
Long
by ArinaKarayi
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