Gbpusdanalysis
Weekly Trade Planning SessionIn today's session, I will be analyzing the USD/JPY, GBP/USD, CAD/JPY, and EUR/USD pairs.
The framework I follow includes:
Portfolio selection
Currency ranking
Multi-timeframe analysis.
Below is the portfolio selection for this week:
AUD/CAD: Bearish (-5%)
AUD/JPY: Bearish (-59%)
AUD/USD: Bullish (17%)
CAD/JPY: Bearish (-54%)
EUR/CAD: Bullish (16%)
EUR/JPY: Bearish (-38%)
EUR/USD: Bullish (38%)
GBP/JPY: Bearish (-17%)
GBP/USD: Bullish (59%)
USD/CAD: Bearish (-22%)
USD/CHF: Bearish (-63%)
USD/JPY: Bearish (-76%)
Happy Trading!
GBP/USD Sell to buy idea from 1.32000 to 1.30400GU Analysis for This Week:
My outlook on GU this week largely depends on how the market opens. If the price moves downward and breaks structure by taking out the liquidity at the swing low, I expect a retracement to the 12-hour demand zone. In this scenario, the 10-hour supply zone I marked would become more valid, although there is also a possibility that price could move there first.
This would lead to an initial sell-off, to ride the price down until it fills the imbalance just above the demand zone. Once price reaches this point, it would fill a level of imbalance, potentially triggering stronger buying pressure.
Confluences for GU Sells:
- The price has been forming lower lows and lower highs.
- There is an imbalance below that needs to be filled, along with a demand level.
- A 10-hour demand zone was left untouched by the NFP news event.
- There is significant liquidity below, providing clear target levels for take profit.
- This analysis aligns well with the dollar index (DXY) chart.
Note: If the price invalidates the current supply, my ideal scenario would be for the price to reach the 11-hour supply zone at the very top, as it offers a more premium level to sell from.
Have a great trading week, everyone!
GBPUSD Trading SignalsGBP/USD consolidates near 1.3200 as focus shifts to NFP
GBP/USD trades in a narrow range slightly below 1.3200 in the European session on Friday. Market participants refrain from taking large positions as focus shifts to August Nonfarm Payrolls data from the US, which could influence the Fed's rate outlook.
BUY GBPUSD zone 1.316-1.314 SL 1.312
gbpusd sells signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURUSD and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/USD Trade Setup 1 Hour TimeframeOn the 1 hour timeframe, GBP/USD has formed a descending channel, followed by a strong breakout to the upside and a retest.
This pattern has formed at a daily support level. To enter a buy position, we need to observe bullish candlestick patterns for confirmation.
GBPUSD I Non-Farm Employment Change Trading Plan 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.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBP USD Trade Setup 1 hour timeframe.Following the head and shoulder pattern formed on GBP USD last week the price has been pushing down as DXY continues bullish..
As we all know the market dose not move in a straight line up trend makes higher highs and higher lows, down trend makes lower lows and lower highs.
On the 1 hour timeframe GBP USD has broken a structure level to the downside, before we can sell we need to see a pullback of the next candlestick retesting the lower low level. ⏰
GBPUSD is in the Selling Direction after breaking suPport Hello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPUSD 1000PIPS Bearish MoveHello Guys GBPUSD looks bearish to me expect A Bearish Drop this week and possibly even next week. this is my outlook and forecast on the pair i am seeing the high of the week forming most likely on tuesday if not it will be on wednesday.
target 1: will be the Daily key level
target 2 : Previous Week Low (not high probability)
good luck and good trading.
gbpusd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPUSD short term counter trend this week**Monthly Chart**
GBPUSD monthly candle closed bullish for August. The next price target is around 1.3400 level (previous monthly IPA).
**Weekly Chart**
Last week, the candle closed as bearish as it reduced momentum near the imbalance level of the 28th Feb 2022 candle. This week I will examine this area for short trading opportunities if GBPUSD couldn’t break higher.
**Daily Chart**
I suspect GBPUSD to have one more push to the upside at least retest and sweep the newly formed liquidity before it reverses lower. This might be a short-term counter-trend as we are still in a bullish trend on higher time frames.
GBP/USD long possibilities from 1.31000 back upMy analysis for GBP/USD (GU) looks promising for both buy and sell opportunities. With the recent shift in market character to the downside and a break of structure, we may see the price entering a downtrend. However, there are key zones lined up that could support either scenario. Currently, the price is approaching a significant demand level at a psychological point, which may influence the market direction.
I'm planning to watch for a slowdown and accumulation in my zone around mid-week, aiming to buy from the 18-hour demand zone. Once the price enters this zone, I'll monitor the lower time frame for a character change to the upside for a precise entry.
Confluences for GU buy opportunities include:
- The higher time frame has been bullish, with a break of structure to the upside.
- A clear 18-hour demand zone has been established, which also caused a break of structure to the upside.
- There's substantial liquidity to the upside, including untouched Asian session highs.
- This aligns with the higher time frame trend, making it a pro-trend trade setup.
P.S. If the price retraces upwards, there is a 5-hour supply zone that previously broke structure to the downside, which could provide a good opportunity to continue the short-term bearish trend.
GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD Ready for a breakthroughHello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD Technical Analysis and Trade Idea👀 👉 The GBPUSD pair is currently displaying indications of price extension, approaching a significant resistance area. This technical configuration suggests a potential corrective move. Our trading approach involves identifying opportunities for long positions, contingent upon a retracement to key Fibonacci levels, specifically within the 50% to 61.8% range.
It is essential to consider this analysis within the broader macroeconomic context. The recent monetary policy shift by the Bank of Japan, characterised by an interest rate increase, has introduced considerable volatility across global financial markets. Traders should anticipate and factor in the possibility of sustained elevated market volatility, which may significantly influence price dynamics and risk management strategies.
The convergence of these technical and fundamental factors presents an intriguing trading scenario. However, it is imperative to emphasize the importance of robust risk management practices. Market participants are strongly advised to conduct comprehensive independent research and evaluate their personal risk appetite before initiating any trading positions.
Please note: This analysis is intended solely for educational and informational purposes. It should not be construed as financial advice or an explicit recommendation to execute any particular trade. 📊 ✅