GBPUSDGBPUSD analysis
4 hour and daily time frame
The pound can start to grow after hitting the 4-hour area and move up to the 4-hour supply area
Gbpusdanalysis
GBPUSD BULLISH SET UP GBPUSD BULLISH SET UP look for buy opportunities. Follow us for more forex signals
DeGRAM | GBPUSD rising low is formedGBPUSD is moving in a descending channel between the trend lines.
The price bounced off the support level, which has already acted as a reversal point twice and which coincides with the 78.2% retracement level.
The chart has formed the AB=CD pattern.
We expect the rebound to continue.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
GBPUSD EVERYDAY TRADE SETUPHello traders ,
This my idea for Short. GBPUSD NOW market SELL Side .
this is my ideas only. what you are flow your trading statistics you can continue.
If you Like my ideas follow me...
DeGRAM | GBPUSD decline in the channelGBPUSD is moving in a descending channel between the trend lines.
The chart is testing dynamic support after reaching the 62% retracement level.
We expect a decline after the resistance retest.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
DeGRAM | GBPUSD bounce from the channel boundaryGBPUSD is moving in a descending channel between the trend lines.
The price is above the lower boundary of the channel and has already reached it.
The chart reacted with a decline on touching the dynamic resistance.
We expect a rebound after the retest of the channel boundary.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
GBPUSD: The British Pound has had a sharp declineGBPUSD: The British Pound had a strong slide yesterday, penetrating the support area around the 1.2630 threshold, showing the prospect of a deeper decline for this pair. In today's session, under pressure from the USD, it is expected that GU will fall below a deeper threshold around the support area of 1.2520. It is recommended to sell with GU around the current price range
GBPUSD : Short Trade , 4hHello traders, we want to check the GBPUSD chart. The price has broken the upward trend line, but we still cannot say that the trend is downward. Currently, we have two scenarios in front of us. The first case is that the price cannot break the specified support level and the price stays in a suffering zone for a while. And the second case is that the price can break this level and a downward trend is formed in the market. Considering the strength of the downward movement and the fact that there is no sign of weakness in the downward movement in the lower time frame, it seems that the second scenario is more likely and the price will enter a downward trend after breaking the support level. If the price trend is downward, we expect the price to fall to around 1.24700. Good luck.
GBP/USD rejects the 1.27000 resistance levelGBP/USD will fall to 1.2650 during the European session on Wednesday. Divergent Fed-BoE policy outlooks and pre-UK election jitters keep the pair weakened, despite risk appetite. Attention turns to mid-range US data, as the UK calendar is void of data.
The 200-period simple moving average (SMA) on the 4-hour chart lines up with immediate resistance at 1.2700. In case GBP/USD manages to settle above this level, technical buyers could show interest and open the door for another leg higher towards 1.2730
On the downside, support levels can be seen at 1.2640, 1.2600 (psychological level, static level) and 1.2580 (50% Fibonacci retracement level) if 1.2700 level remains intact as resistance level.
Sell GBPUSD break out 1.26700 SL 1.27000
GBP/USD Technical AnalysisGBP/USD Technical Analysis
Timeframe: 15-Minute Chart
Chart Overview:
The GBP/USD pair on the 15-minute timeframe demonstrates recent price action and incorporates several technical elements that suggest potential future movements.
Key Elements:
1. Descending Channel:
- The chart shows a descending channel, with the price moving within a well-defined range, respecting the upper trendline as resistance and the lower trendline as support.
- This pattern suggests a bearish trend with lower highs and lower lows.
2. Support and Resistance Levels:
- Resistance Levels: Immediate resistance levels are noted at 1.27209 and 1.27248, with another significant level at 1.26957.
- Support Levels: Key support levels include 1.26891, 1.26670, and further below at 1.26404. These levels have provided significant support in the past and could act as potential bounce points if the price declines.
3. Breakout Potential:
- The price appears to be consolidating just above the lower trendline of the descending channel. This consolidation phase could indicate potential for a breakout.
- If the price breaks above the immediate resistance level at 1.26957 with strong volume, it may signal a bullish reversal.
### Conclusion:
The GBP/USD pair is currently in a critical phase, moving within a descending channel. The price action around key support and resistance levels will be crucial in determining the next move. Volume analysis supports potential for a breakout, suggesting close monitoring for opportunities. Always manage your risk with appropriate stop losses and position sizing.
GBPUSD
The GBP/USD pair is showing a bearish trend on the 4-hour timeframe following a breakout from an ascending channel. The price has completed a 61% retracement, indicating it is in the 4th wave of the Elliott Wave pattern. Currently, the price is expected to move into the 5th wave, continuing the bearish momentum.
GBPUSD: The British Pound is on a short-term recovery trend.GBPUSD: The British Pound is on a short-time period restoration trend. In the context of USD adjusting downward. The situation in today`s consultation ought to see GBPUSD short-time period resistance across the 1.2730 region. It is anticipated that GU will preserve to growth and there may be reactions round this resistance region and decline. In the quick time period, you could purchase with GU and wait to promote above this resistance zone
GBPUSD: Short-Term Bullish Prospects and Key LevelsGreetings Traders!
Current Market Analysis:
At the moment, I am observing a bullish draw towards the upside on GBPUSD, particularly evident on the smaller timeframes. The institutional order flow is currently bullish, supported by the presence of bullish fair value gaps.
Key Observations:
Bullish Fair Value Gaps: Price is being consistently supported by bullish fair value gaps. These gaps are aligned with bullish order blocks, indicating new funds being invested at these points to sustain bullish momentum.
Liquidity Target: The market typically seeks areas with substantial liquidity. Presently, there is engineered trendline liquidity at the premium prices, which I am targeting as a potential area for price to draw towards.
Previous Week's High: Another significant target is last week's previous high, known to hold large bodies of liquidity.
Trading Strategy:
Focus on Bullish Order Flow: With the evidence of bullish institutional order flow, I am looking to enter long positions, taking advantage of the support provided by the fair value gaps and bullish order blocks.
Upside Targets: The primary targets are the engineered trendline liquidity and the previous week's high. These targets align with the current bullish momentum and offer significant profit potential.
Conclusion:
By understanding the current bullish institutional order flow and identifying key liquidity targets, we can effectively plan and execute trades on GBPUSD. The confluence of fair value gaps and bullish order blocks provides a robust support zone, guiding our strategy towards profitable buying opportunities.
Happy Trading,
The_Architect
GBPUSD H1 TIME FRAME NEXT MOVE POSSIBLEGbpusd now under this pattren we have best buying opportunity around 1.25600
for next target 1.26900 dont miss this opportunity we have best demand zone
for buying note its not a signal after confirmation signals will be available stay tuned
GBP/USD - Weak TrendLine..!! The weakness lies in the quality of the movements...
If you learn to identify the impulses and setbacks it will be easier!!!
When we have this kind of movements, I call them "juggling".
or in other words, a great management with their respective internal structures that we can take advantage of if we have a hawk's eye!
Although I like the sell-off better, we are closer to breaking a bullish structure. Keep your eyes peeled and get ready for the kill.....
If you liked it, don't forget to follow me!!!
Translated with DeepL.com (free version)
GBPUSDPair : GBPUSD ( British Pound / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame
Break of Structure
Symmetrical Triangle as an Corrective Pattern in Long Time Frame
RSI - Divergence
Completed " 12345 " Impulsive Waves
GBPUSD SWING IDEA OVER 200 PIPSOn the daily chart, GBPUSD appears to be moving sideways at first glance. However, a closer look reveals a distinct pattern in the price action. There's a key level around 1.28200 that the price has consistently respected for some time. If you delve deeper, you'll notice that the price approached this level within a contracting channel, broke through it, and is now forming a bearish continuation pattern. This is a crucial development to watch closely. Stay alert for potential moves!
GBPUSD → Trade Analysis | SELL SetupYou can expect a reaction in the direction of selling from the specified resistance zone
GBPUSD moving higher as it tests the strong resistance level..
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL 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 🤝
GBPUSD possible short for 1.2600gbpusd broker support level 1.2677 as CHoCH. Then support level 1.2660 broke down side as well as BOS. supply zone for short 1.2712-35. stop loss: 1.2750-55, target: 1.2600.
GBPUSD - Bullish or BearishDear friends,
Given the potential rise of USD in the upcoming week, I see the market and this currency as bearish and declining.
Which of the possible movements of GBP do you find more likely and agree with? Movement #1 or movement #2?
GBPUSD I Potential to continue lower Welcome 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!
GBPUSD Analysis For Next WeekMarket Direction-- Down⬇️
Level to Look Out--1.25900 -1.25700 Targets
❤️ If you find this helpful and want more FREE forecasts in Trading View
Be sure to leave a comment; let us know how you see this opportunity and forecast.
❤️ Your support is very much 🙏 appreciated!❤️
GBP/USD Shorts from 1.27000 back down (Pro Trend)My analysis for GU is bearish, and I am currently waiting for a pullback into a daily supply zone to look for shorting opportunities. Once the price taps into my point of interest (POI), I will look for a lower time frame (LTF) Wyckoff schematic to take the price down.
With the dollar looking bullish, this analysis aligns well. Additionally, this is a pro-trend trade, as recent price action has shown lower lows and lower highs. If the price creates a new break of structure (BOS), we may see a new supply zone, which I will be monitoring closely.
Confluences for GU sells are as follow:
- Price broke structure to the downside on the higher time frame
- Daily supply level left unmitigated thats now become our POI.
- Lots of liquidity left to the downside as well as an imbalance
- DXY is also correlating and supporting this idea as the dollar is looking bullish right now.
- Lots of bearish pressure which means the correction is pending back up.
P.S. If the price continues to drop and enters the 6-hour demand zone, I will look for buying opportunities back up to a nearby supply zone. It's important to stay adaptable based on what the market presents.
