Gbpusdbuy
GBP/USD short term longs to shorts 1.26000 back up to 1.27200I am currently holding a bearish view on GU, and I'm patiently waiting for a deeper pullback toward the primary supply zone. However, there's a nearby 1hr demand zone where we might witness a bullish reaction. If this zone fails, which is possible given the ample liquidity below, there's also a deeper demand zone just beneath it. We need to wait patiently to see how price behaves.
If price continues to rise, reaching the Asian high and trend line, it would strengthen my bearish bias and provide additional confluence for potential sells. Conversely, if price declines further, I'll be on the lookout for Wyckoff accumulation to unfold in either of the demand zones.
Confluences for GU short term buys are as follows:
- Price left lots of liquidity to the upside as well as an asian high that needs to get taken
- There is two 1hr demand zones that could initiate the expected pullback yet to come.
- For my sell bias to come into play, price must rally up which hasn't happened yet.
- Imbalances are left above that need to get filled.
P.S. If price continues to decline, I'll wait for a new supply zone to form and then consider selling from that point. Ultimately, the majority of liquidity remains situated below, influencing this decision.
GBPUSD LONG BIASlooking to go long on GU.
waiting for POI to hit
Overall trend is bullish on HTF.
NOT A SIGNAL
GBPUSD: Pending Buy Order at H1 Bullish Order BlockAt the moment, I have initiated a pending buy order at the H1 Bullish Order Block . My anticipation is to enter buy positions aiming to reach the Daily Fair Value Gap (FVG), which serves as my Draw On Liquidity . The institutional order flow on GBPUSD currently indicates a bullish sentiment , and I intend to align with this narrative.
Stay tuned for further updates.
Kind Regards,
The_Architect
GBPUSD BUY AT SUPPORTI analysed it, There is buying opportunity for GBPUSD at market price and Price should go up
Buy 1.26000
Target 1.28000
SL 1.25650
This is my analysis for GBPUSD
#GBPUSDBy escaping from the contraction triangle and breaking the descending channel, it can touch the specified areas by completing the pullback to the broken swing. Also, considering that 23% of the fibo of the previous wave has been corrected, this return wave can touch the previous ceiling.
GBP/USD Longs from 1.27000 back up towards 1.28000I anticipate price heading towards the demand area first. So, early in the week, there might be a potential buying opportunity around the 1.27000 region, where the 9-hour demand is located. However, I'll exercise caution due to the presence of an Asian low, ensuring I don't enter too early. Ideally, I'd prefer to see the Asian low swept and the 3-hour demand mitigated, which sits just below.
As price approaches the buy zone, the validity of buys becomes more apparent. However, if we witness a strong bullish reaction, we might see the imbalance below the 7-hour supply zone filled. In such a scenario, I'll then be on the lookout for short positions, considering that price has displayed a clear shift to the downside.
Confluences for GU Buys are as follows:
- Recent trend was bullish this downward movement could be just a retracement.
- Nice demand zones left that has caused a recent break of structure to the upside.
- Lots of liquidity to the upside as well as an imbalance that needs to get filled in.
- DXY also approaching a near buy supply so the idea makes sense if the dollar goes down.
P.S. Despite the shift in price direction to the downside, I'll focus on what's near the current price. Currently, the 9-hour demand zone is nearby, so I'll be considering buying opportunities to move back up.
Have a great trading week guys and watch out for FOMC Wednesday!
GBPUSD H1 / Potential Bullish Retracement💡Hello Traders!
This is my forecast for GBPUSD H1. I expect the price to close the FVG and to retrace from the resistance level. In case of confirmation, I will execute a long trade.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
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GBP USD buy long Target GBP/USD came under modest bearish pressure and declined below 1.2750 in the American session. The US Dollar benefits from the risk-averse market atmosphere, as reflected by the bearish action seen in Wall Street, and weighs on the pair heading into the weekend.
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your trades with the GBP/USD forecast and key pivot points data and support and resistance levels. Confirm signal
#GBPUSD: Price is likely to remain bullish least up until 1.3100Dear Friends,
Unfortunately our last two ideas on GBPUSD and price did not drop as mention in our charts. Right now, what we think is price will likely to remain bullish at least up to 1.3100 area. Entry can be around 1.2781 with possible 100-150 pips stop loss and take profit to be at 1.3100 which would be 300 pips.
Good Luck and Trade Safe!
GBP USD buy confirm signal GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your trades with the GBP/USD forecast and key pivot points data and support and resistance levels.
Confirm signal GBP USD buy
GBP USD buy confirm signal GBP/USD continues to fluctuate in a narrow band near 1.2800 in the American session on Wednesday. Earlier in the day, the data from the UK showed that the real GDP expanded by 0.2% on a monthly basis in January as expected but failed to trigger a reaction in the pair.
The Relative Strength Index (RSI) indicator on the 4-hour chart stays near 50, reflecting a lack of directional momentum. In case the pair stabilizes above 1.2800, where the mid-point of the ascending regression channel meets the Fibonacci 23.6% retracement of the latest uptrend, it could target 1.2850 (static level) and 1.2880 (upper limit of the ascending channel, end-point of the uptrend) next.
Confirm Chart GBPUSD
GBPUSD : Long Trade , 4hHello traders, we want to check the GBPUSD chart. The price is moving in an ascending channel and has pulled back to the indicated key level. We expect this level to play the role of a support level and the price will grow to around 1.28700. Good luck.
GBP USD short GBP/USD remains sidelined above the 1.2800 mark early Tuesday. The pair is awaiting the UK employment data for a fresh trading impetus. Traders also stay on the edge ahead of the critical US CPI inflation data.
Despite near-term bearish momentum, the pair remains well above the 200-day Simple Moving Average (SMA) at 1.2586. The pair has climbed 3% bottom-to-top from the last major swing low into 1.2518.
Confirm signal
GBP/USD Broke Strong Res ,Long Opportunity Valid To Get 200 PipsThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPUSD the Bullish Wave continues ? (150pips+ trade idea)hello guys ,
as you can see gbpusd just started a major bullish wave last week .
the price first was consolidating (accumulation) , formed a double bottom reversal pattern on a support level (manipulation) then continued with an expantion (distribution).
a classic AMD / PO3 pattern.
am waiting for the price to retrace towards the poi where there is an overlap of a breaker caused by last cpi a bullish orderblock and the fibbonacci golden zone .
GBP USD buy The GBP/USD climbed 0.31% during the North American session and traded at 1.2746 after bouncing off daily lows of 1.2690. UK’s spring budget announcement and US Federal Reserve’s Chair Jerome Powell's testimony sponsored a leg-up in the pair, which is set to test the 1.2800 mark.
GBP Update: Hunt Decides on National Insurance Reduction Over Tax Cuts confirm Chart
GBPUSD ANALYSIS TODAYPrice has touched the psychokogical levels of 26500 and now about to move so it expected to buy at that level then wait for the next move of the market . So it expected to set a stoploss below the psychological levels of 26500 now move target another profits at levels of 27000.
GBPUSD intraday buy ideaGBPUSD is reacting bullish following the weakening dollar and price is at a key level from which I expect to see a push higher to the intermediate liquidity pools.
gbpusd up GBP/USD declines toward 1.2650 as mood sours
GBP/USD turned south and declined toward 1.2650 after spending the European session in a tight range near 1.2700. The negative shift seen in risk mood makes it difficult for the pair to hold its ground Trend momentum is mildly bullish on the intraday and daily DMI studies, suggesting the GBP/USD pair should remain supported on minor dips. But Cable gains have struggled to extend through 1.2700/1.2710 in the past few sessions. A push firmly above 1.2710 targets a move on to 1.2750/1.2775. as marGBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your trades with the GBP/USD forecast and key pivot points data and support and resistance levels.kets assess the latest US data releases.
Gbpusd Buy Area TodayGBP/USD holds above 1.2660-1.2650, where the 200-period Simple Moving Average (SMA) on the 4-hour chart and the Fibonacci 23.6% retracement level of the long-term uptrend align. In the meantime, the Relative Strength Index (RSI) rises toward 60, reflecting a buildup of bullish momentum.
On the upside, 1.2700 (psychological level, static level) could be seen as next hurdle before 1.2760 (static level) and 1.2800 (psychological level, static level).
If GBP/USD returns below 1.2660-1.2650 area and starts using it as resistance, additional losses toward 1.2620 (100-period SMA, 50-period SMA) and 1.2600 (psychological level) could be seen.
GBPUSD 1 HR ANALYSISAs TP2 has reached mentioned earlier now we can wait before another move to see if the price will form a pattern or another Shape to give a signal for another entering of buy.
GBP/USD Longs from 1.26200 or 1.26000 back up This week, my bias for GU is aimed at observing a return to a demand level to sustain a short-term bullish trend. With the recent upside break in price structure, a fresh demand level has emerged, potentially signalling a bullish upturn.
I'll be monitoring for a Wyckoff accumulation within my point of interest (POI) before considering buy positions. These buys aim to reach the supply zone for potential selling in alignment with the overall trend. However, considering the bullish outlook of the dollar, my bias still leans towards bearishness, viewing these buying opportunities as temporary.
Confluences for GU Buys are as follows:
- Price broke structure to the upside and left a clean 2hr demand zone.
- Still some imbalance that still hasn't been filled as well as a 20hr supply that needs mitigating.
- Market also broke major structure to the upside could indicate a bullish trend.
- there's some liquidity above the recent high that needs to be taken as well.
P.S. Given the abundance of liquidity surrounding my specified demand zones, I'll proceed cautiously, mindful of the potential for some zones to falter due to the presence of trendline liquidity. This scenario is expected to fill the imbalance completely and possibly reach the 20-hour supply zone I've marked for potential selling.
Have a great trading week people!
