GBPUSD - SHORTThis is how i got the GBPUSD iDea.
So i believe the price is going to Drop.
What are your thoughts on this ???
Gbpusdanalysis
GBPUSD - SHORTGBPUSD has been ranging for over a month now, but with the NFP outcome lastweek and the US pairs rallying, we are more likely to see a break to the downside.
Thoughts ???
GBPUSD SELL opportunity 1.2610 TP 1.2334GBPUSD SELL opportunity 1.2610 TP 1.2334
GBPUSD BUY opportunity 1.2655 TP 1.2757
GBPUSD BUY opportunity 1.2535 TP 1.2635
Confirmation after the breakout support level.
If Broke through support will reach to next support level 1.2370. The Current Resistance level is 4H 1.2827 and support is 1.2501
GbpUsd could drop to 1.25For almost 2 months now, FX:GBPUSD has been trading in a clear range between 1.28 and 1.26.
Friday the pair reversed strongly from resistance and dropped quickly at support.
A break under this support level could lead to a continuation of the drop to 1.25.
GBPUSD BUY ANALYSIS Here on Gbpusd the price has finally touched the psychological so now to make decision . Looking the support line we can see that there is two support lines which mean we can go for buy and targeting our profits as shown on the image.
GBPUSD SHORT - BREAKOUT SOON!Waiting for a break and retest at 1.26124 to short GBPUSD back to Daily ley level at 1.24481
If you agree drop a like and if you have any questions leave a comment :)
UNDERSTANDING HOW TO TRADE GBPUSD Here i give you some tips regarding on trading GBPUSD and is quite well for you to understand how it work. GBPUSD is a volatile market so you can make money fast and also loose fast. So is very important you know this. In this video i show you double bottom and double top also show you phycological levels .You also learn trendline. Resistance and Support for applying.
GBPUSD SELL ANALYSIS Here GBPUSD has made a rebound on psychological level of 26500 it likely that price want to move down a bit. Look at the overall trend we can see that is uptrend . So price might touche the pyschological level of 27000 before continue it upward movement . So going for short is needed and target profit at around 27000
GBPUSD (4H) bull vs bear GBPUSD has been ranging for some time now , currently we are at the bottom of the range but with the way PRICE PRINTED over the last week , it CONCERNS me that we might get more BEAR move in the FUTURE .
*OVERALL GBPUSD IS BULLISH .
*Would like to see price stay bellow our level at 1.27000.
*IF PRICE does managed to stay below and STRUCTURE is BEARISH . YOU can more then likely see a bear move come .
*BEARS be careful of BULLS
-Grey Vangogh
Tricky Moves for GBPUSDPure technical analysis.
After making a bullish move from November 23, 2023, GBPUSD has completed Elliott Waves (first 12345), and then made a sideways movement since mid-December 2023. In this sideways movement, GBPUSD made micro-Elliott Waves and has completed them. The extension of this wave is predicted to complete leg 3 of the second 12345 waves in the range and reverse downwards.
On this large time frame (D1/H4), this is a retracement to the bullish wave in the previous large time frame. In the small time frame (H1), this is an opportunity to sell GBPUSD into the 0.618 Fibonacci zone of the large time frame, which is the flip zone area as well as the area that still leaves an imbalance wide enough to be filled.
Another reason to sell is the divergence on the oscillator which indicates buyers are starting to get exhausted.
To enter, wait until the price reaches the middle or top of the range, where there is a lot of equal high liquidity (range 1.27100 - 1.28250). Pay attention to price movements in smaller time frames (M5 - M15) to get an entry sell position. We prefer to enter at the 1.27040 level or higher and aims for 2R to the support zone at 1.23710 that acted as 0.618 fib level of the higher time frame, as well as the former bullish flip zone. Stop loss is at 1.28700 to avoid stop loss hunting/purge.
Cancel the setup if the price exceeds 1.28166 with high volume.
Note: if the price reaches take profit and shows reversal symptoms, take a buy position. Analysis will be provided later.
GBPUSD Day Analysis | Sell Setup| Bearish is comingHello Traders, here is the full analysis.
This is my current view on GBPUSD. Price is hovering around our entry zone. Possible strong bearish movement expected! Keep an eye out. A good entry now with accurate stop loss can be a good one.
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
GBP/USD Longs from 1.25400 back up to 1.27400This week, I'm watching GU closely for a potential uptrend starting from the 11-hour demand zone below. If price reacts as expected, it could fill the gaps left after Friday's NFP. Another possibility is an upward move from the current 3-hour demand area towards a newly identified 10-hour supply zone.
While navigating this situation, I exercise caution, especially concerning the 10hr supply zone, despite the presence of relative equal highs. Prior to considering any sell positions, I ensure that additional confirming factors align with my analysis. Nonetheless, my bias leans towards seeking buy opportunities, considering the temporary bullish sentiment prevailing in the market.
Confluences for GU Buys are as follows:
- Price is near a clean 11-hour demand zone that has broken structure to the upside.
- Liquidity above zone so when it gets swept we can expect price to re-accumulate within our zone to then buy back up.
- GU has been temporarily bullish as well so it's a pro-trend idea.
- There's lots of liquidity to the upside that needs to be addressed as well as some imbalances.
- Dollar (DXY) is still looking bearish as well which means more upside is still left for GU.
P.S. Examining the higher time frames, we're currently in a consolidation phase with significant liquidity above and below our nearest Points of Interest (POIs). However, for now, I'll stay flexible and adhere to my trading strategy. If price enters any of the zones I've identified, I'll execute my plan accordingly.
HOPE YOU TRADERS END THIS WEEK IN BLUES!
GBPUSD I Short-term buy from support after recent impulseWelcome 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.
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GBPUSD SELL NOW guy's don't miss this GBP/USD gathered bullish momentum and closed in positive territory on Thursday after dipping below 1.2650 with the immediate reaction to the Bank of England's (BoE) policy announcements. The pair holds its ground in the European session on Friday and trades modestly higher on the day above 1.2750.
The BoE maintained the bank rate at 5.25%, as expected, following the first policy meeting of the year. The BoE dropped the statement that read "further tightening in monetary policy would be required if there were evidence of more persistent inflationary pressures" but said that they need more evidence that inflation will fall to the 2% target and stay there before cutting rates.
GBPUSD SELL NOW 1.27569
CONFRIM TARGET 1.26515
GBPUSD LONGAs pound has taken a good impact of the news, hence, came to a demand zone, simple go long from here for some green pips as the price is currently following an upward trend.
Happy Trading
GBPUSD
GBP/USD is exhibiting a bullish trend in the 4-hour timeframe, as evidenced by its movement within an ascending channel. Traders are currently anticipating a potential breakout from a descending triangle pattern, which could further support the upward momentum. Keeping a close eye on this technical pattern may offer opportunities for strategic entry or exit points in the market.
GBPUSD pyschological level SELLHere gbpusd form a resistance at psychological level of 27500 and likely to go down and tourch the psychological level of 27000
GBPUSD SELL ANALYSIS The overall trend is uptrend which means that market will continue to buy . so but look at the chart we can see that price form so multiple resistance and is like go go down on resistance 4 . so selling is expected at arroung psychological level of 27500 and target profit at level of 27000
GBPUSD SELL 1HR ANALYSIS Here gbpusd as made a rebound at psychological level of 27500 and making a reject showing that market will price might continue to move down so selling is expect and target profit should be aroung 27000.
my plan setup 2Fundamental and Technical Analysis
Fundamental analysis covers the economics of the UK and US such as macroeconomic data, political news, important events that can affect currency exchange rates.
Technical analysis includes chart pattern reading such as trends, support and resistance levels, oscillator and momentum indicators.
Choose Timeframe and Indicators
For SMC which focuses more on swing trading, suitable timeframes are 4 hours or daily chart.
Use indicators such as MACD, Stochastic, RSI to detect buy or sell momentum.
Determine Buy and Sell Levels
Determine support and resistance levels as entry buy and sell guidelines. For example support at 1.3000 and resistance at 1.3400.
Use crossing indicators as entry signal confirmation.
Trade Management
Limit risk by placing stop loss below support level and take profit above resistance level.
Capital rotation to take advantage of multiple positions per month. For example allocate 20-30% of capital for each position.
Evaluate Strategy Performance
Monitor and record each trade result to evaluate consistency of the strategy.
Make adjustments to parameters or indicators if needed.
DeGRAM | GBPUSD breaking consolidation zoneGBPUSD broke and closed below the consolidation zone, which became the resistance level.
The market created a resistance level, which is a consolidation border.
Price tested this level multiple times, creating structure shelf.
We expect a bearish trade.
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Gbpusd sell now H1 now move is confirm sell Critical resistance is located at 1.2700 (200-period Simple Moving Average (SMA), 100-period SMA and 50-period SMA). If the pair rises above that level and confirms it as support, 1.2760 (static level) and 1.2780 (static level) could be seen as next bullish targets.
On the downside, 1.2650 (Fibonacci 23.6% retracement of the latest uptrend) aligns as first
support before 1.2600 (psychological level, static level) and 1.2560 (200-day SMA).
GBPUSD sell now 1.27070
Confirm Target 1.26082
GBPUSD sell now today confirm move is sell guy's don't miss thisCritical resistance is located at 1.2700 (200-period Simple Moving Average (SMA), 100-period SMA and 50-period SMA). If the pair rises above that level and confirms it as support, 1.2760 (static level) and 1.2780 (static level) could be seen as next bullish targets.
On the downside, 1.2650 (Fibonacci 23.6% retracement of the latest uptrend) aligns as first support before 1.2600 (psychological level, static level) and 1.2560 (200-day SMA).
GBPUSD Sell Now 1.27021
Confirm Target 1.25076
