Gbpusd supply zone wait for retest Gbpusd supply zone wait for a retest .i m expecting we will sell from daily supply zone because high time frame trend is bearish if break daily supply the we sell from weekly supply
Gbpusdidea
Ready to sell the GBP/USD? Check out our latest technical analysgbpusd high time frame trend is bearish.we expect we sell from supply zone Sell GBP/USD on Bearish Technical Analysis
GBPUSD is preparing for another drop!!GBPUSD 4H has grabbed liquidity from 4h20EMA after a spike to the upside, and at the same time, has broken the daily high and rejected. As long-term price action is bearish, it is highly likely that the price will respect the daily high and 20EMA and finally, the price will break down to continue its downtrend.
A sell setup from the area of value shown on the chart is high probability :)
EURUSD and GBPUSD updated analysisHello 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- The bigger move should be up, not downIt was a crazy start of the week for GbpUsd, with the pair dropping 500 pips in Asia's open on Monday and after a dive even under 1985's low, we have a strong recovery to 1.09.
Since that high, GbpUsd has started to roll back down again with a price at the time of writing of 1.0650 and a descending triangle now visible on our 1H chart.
The trend is down, indeed, but in my opinion, GbpUsd will not make a new low, at least in the next few months, and has more room to rise than fall.
That being said, for me, the safer and more profitable trade would be against the trend now and a new visit towards Monday's lows can prove to be a good buying opportunity.
Bulls can target prices above 1.1 zone
GBPUSD PLAN !Hello traders around the world!
Lets talk briefly about GBPUSD.
What am I waiting now?
Currently the price reached the mass psychology level at 1.05235 went lower till 1.036 level then reversed.
The price is in a beautiful / critical area & could even reach the weekly lower trend line.
I will be looking for reversal patterns or continuation patterns for long positions.
Patience is key.
#THEPRIMES
GBPUSD trading idea 27/9/2022 Trend is bearishgbp trend is bearish but look like a short term reversal here if this week gbpusd closed above 1.08200 then my views is buy on gbpusd
GbpUsd- New trading range?GbpUsd failed to stay above the 1.15 pandemic low and after it dropped under this support, the pair literally tumbled with a drop of 1k pips in just a few days.
The Asian open was in 1985 low and I expect this low to offer support for the pair in the coming weeks or even months.
In conclusion, for a swing trader, the 1.04-1.05 zone could be a good place for buying and 1.15 zone could represent the target
GBPUSD NEXT MOVES?!?!!Huge sell off last week as the USD continues its rampage.. The only trade idea I have at the moment is some quick intra-day shorts back into the supportive low at 1.04 or a rejection from this area to create a longer term retracement. I'm not interested in any of the current areas and will be waiting for price to create some easier levels to trade from!
GBPUSD, Already Facing RECESSION..?Hi traders, Lets take a look at Sterling.
Fundamental View:
Sterling seems like breaking LL due to the
uprise in DXY after breaking 20 years resistance.
But here Sterling acted as an catalyst and moved
way more than expected. It's because of:
1) DXY strengthened by breaking 109 levels.
2) British finance minister Kwasi Kwarteng earlier
in the day laid out a plan of historic tax cuts paid
for by huge increases in borrowing, which sent British
government bonds into freefall and the pound sharply lower.
3) British bond yields were set for their biggest daily rises in decades.
4) Fear of Recession.
Technical View:
GBPUSD looking for 1985 final support as there
isn't any footing nearby. We can expect a pullback
for a another fall.
GBPUSD can be seen respecting Falling Wedge pattern
on Monthly TF. Still Lower TL pointing towards
1.05 zone which is still 300 pips away. This last
week of September might be fruitful so
Wait for the proper entry or check news calendar.
"Miracles are meant to happen."
Feel free to like and share your opinions as well.:)
GBPUSD forecast and idea✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
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GBPUSD Short From Resistance!GBP-USD is trading in a downtrend
In a falling channe and the pair
will retested the falling resistance line
and horizontal resistance at 1.14801
And I think that we will see bearish continuation
GBPUSD possible sell zone on FOMC!!GBPUSD (4h) Has broken out of local support on the lower timeframe. As FOMC is coming, the price may pick up to the previous support turning resistance and we could see rejection as the long-term trend is bearish and the daily timeframe has printed a bearish engulfer.
On the retest of previous support as resistance and, upon rejection, a sell trade is high probable.
GBPUSD is in possible sell zone, UPDATEGBPUSD 4H has created bearish price action with a strong breakdown from daily head & shoulder. Price currently testing the neckline of daily head & shoulder and creating series of lower highs below this resistance level. It is highly likely that the price will continue to drop as the long-term trend is bearish.
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GBPUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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GBPUSD EASY SELL OFF!!Looking for a retracement to continue the downside move. Highlighted area I've labelled sell zone is the first zone ill look at taking shorts from. Price broke through huge support so a retest of the level should open some nice shorting opportunities!
GBPUSD Prediction H1Here is my view for GBPUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPUSD R:R 1:12This is for short term
waiting for news
Before entring the trade do your own research!
GBPUSD break or bounce? BUY IDEA!Will be waiting and watching GBPUSD around current area to see if we get a third rejection off this support to possibly make at least another retracement. 1.14500 is the strong support to watch for a possibly bounce, if we see price push up ill be targeting the retracement area of 1.16000.
GBPUSD CONTINUATION SHORTS!Still waiting for price to give a better area for entry and a bit more momentum. Price has slowed right down after the big move down and we are just not waiting for get a retracement before the next leg down.
GBPUSD Weekly PredictionHere is my view for GBPUSD on W1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPUSD and USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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