GBPUSD - Long active !!Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I expect bullish price action as we have on D1 hidden divergence and on H1 regular divergence.
Fundamental news: Today (GMT+3) we have NFP day in USA, also Unemployment Rate results, news with high impact on currency.
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Gbpusdlong
Gbpusd long opportunityGbp as shown as strong rejection from the h4 ob , price as took a lot of protein and i'm now into a zone of buying interest , i will eventually look for buy tomorrow , but if you love to take some risk it's a very interesting long entry into a order block with a good potential, first target could be 1.28400 to completely fill the gap.
Buy GBP/USD Triangle BreakoutThe GBP/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.2850
Target Levels:
1st Resistance – 1.2905
2nd Resistance – 1.2930
Stop-Loss: To manage risk, place a stop-loss order below 1.2814. This helps limit potential losses if the price falls back unexpectedly.
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GBPUSD - Long from bullish order block !!Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
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GBPUSD - Look for Continuation Long (SWING) 1:3.5!GBPUSD is closely related to XAUUSD and the DXY basket of six pairs, providing excellent confluence and confirmation opportunities for trading pairs against USD. Currently, GBPUSD has created a new high and is correcting to the nearest RBS Zone, a demand zone, indicating a potential continuation of the bullish momentum in the higher timeframe. The price doesn't seem likely to yield to sellers soon, especially considering the FED's recent decision to freeze interest rates. This suggests a forecast of continued upward movement supported by strong bearish signals and a few high-impact USD news events this week.
We'll need to observe how the market reacts to these sentiments and news impacts. Regardless, it's crucial to manage your risk wisely and wait for a clear market structure before making any moves.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBPUSD | Perspective for the new week | Follow-upThe Pound Sterling (GBP) extends its correction against the US Dollar following the release of weaker-than-expected UK Retail Sales data for June, showing a monthly contraction of 1.2% against the expected 0.4% decline and the previous month's growth of 2.9%.
🔍 Key Highlights:
📉 Retail Sales Data: A significant indicator of consumer spending, the sharp decline suggests households are struggling with higher interest rates from the Bank of England (BoE).
💼 Economic Conditions: The rise in claimant count claims may indicate worsening economic conditions, favoring inflation doves on the BoE's Monetary Policy Committee.
💸 Inflation and Interest Rates: Annual inflation in the UK remained stable in June compared to May. However, the BoE points to persistently high service inflation at 5.7% and strong wage growth as barriers to cutting interest rates.
📉 BoE Rate Cuts: The probability of a rate cut by the BoE next month has declined, despite positive sentiment towards the new British government.
📊 Technical Analysis:
In this video, I illustrate the technical aspects to watch out for to navigate the current market dynamics effectively. I also discuss key levels and potential scenarios for the GBPUSD in the coming days.
GBPUSD Technical Analysis:
Will the pound maintain buying pressure above $1.29000? Watch this video for key trades this week. Join the discussion for updates on GBP/USD trading. Stay tuned for more content. Happy trading!
#GBPUSD #Forex #Trading #TechnicalAnalysis #UKEconomy #BankofEngland #Inflation #MarketAnalysis #TradingStrategies
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
GBPUSD I Price in correction and headed for support buy zoneWelcome 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!
GBPUSD:300+ Pips A Great Buying Opportunity!Dear Traders,
GBPUSD has recently completed its corrective phase and is currently poised to establish a new yearly high. The overall bullish trend remains intact, and we anticipate further price appreciation in the coming days. However, it is important to note that several significant news events are scheduled for this week and next, which could introduce volatility into the market. Therefore, we recommend employing prudent risk management strategies when trading this pair.
Good luck and trade safe!
7 Dimension Buy Setup For GBPUSD Core Analysis Method: Smart Money Concepts
😇7 Dimension Analysis
Time Frame: 15 minutes
1: Swing Structure: Current structure shows a Bearish Side CHOCH, but in a broader view, this is just a liquidity sweep character. After tapping the liquidity area, the price gives a strong MSS and inducement. After that, the price also takes this minor structure POI and now starts an upward move again. At the same area, the price also sweeps the previous day's low liquidity.
🟢 Structure Behavior: Bullish
🟢 Swing Impulsive Move: Just started
🟢 Internal Structure: Bullish
🟢 Liquidity area sweep acts as POI in a powerful discounted zone
2: Pattern
🟢 CHART PATTERNS: No considerable pattern found here
🟢 CANDLE PATTERNS: After a Record Session count, the price makes a correction within the candle pattern. During correction at the same level, the price also makes a shooting star, ending the correction sign of the candle. Within the shooting star, an inside bar or narrow range is created, most probably it will break to the upside.
3: Volume
🟢 During the correction phase of the 15-minute structure, very low volume is observed in this corrective move. But now, when it touches the POI, a significant increase in volume bars is seen, indicating some big activity at this point.
4: Momentum RSI
🟢 In bearish to sideways zone, need to wait for confirmation of the range shift. At the same level, it also has an 80% confirm signal called RSI loud moves in the bullish side and 7* signal Grandfather father son entries (Andrew Cardwell RSI Concepts).
5: Volatility Bollinger Bands
🟢 At this point, expansion might be ending; now the price might take some rest before starting its move.
🟢 A bullish head fake also at the POI makes this area more attractive for buying.
6: Strength: GBP is stronger than USD in this time frame.
7: Sentiment: All sentiment indicates a strong buy.
✔️ Entry Time Frame: 15 minutes
✅ Entry TF Structure: Bullish
✔ Entry Time POI: FVG OB LIQ Everything confirm and mitigated
☑️ Trend line breakout: Confirm
💡 Decision: BUY
🚀 Entry: 1st 1.2962, 2nd 1.2941
✋ Stop loss: 1st 1.2923
🎯 Take profit: 1.3060
😊 Risk to reward Ratio: 6.5 RR
🕛 Expected Duration:
GBPUSD to form a higher low?GBPUSD - 24h expiry
The medium term bias remains bullish.
The sequence for trading is higher highs and lows.
A lower correction is expected.
Preferred trade is to buy on dips.
Bespoke support is located at 1.2950.
We look to Buy at 1.2950 (stop at 1.2910)
Our profit targets will be 1.3050 and 1.3070
Resistance: 1.3010 / 1.3040 / 1.3070
Support: 1.2950 / 1.2920 / 1.2890
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GBPUSD - Look for a long !!Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block.
Like, comment and subscribe to be in touch with my content!
GBP/USD Full Analysis , Best Buy & Sell Areas Very Clear Now !This 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.
GBP/USD Longs from 1.29400 back up This pro-trend idea aligns with the current bullish momentum, as we see price break structure once again. The recent impulsive move broke the previous supply, creating a new demand zone. I will now await a pullback to this demand zone, specifically a promising 3-hour demand.
However, I won't be surprised if price continues to climb, reaching a supply area and then dropping to a deeper demand level. This could occur as price fills the imbalances left from the impulsive move.
Confluences for GU Buys:
Price has been very bullish, breaking structure to the upside.
The current trend is bullish, matching the dropping DXY.
There is significant liquidity to the upside, with strong bullish candles on the higher time frame.
Demand zones have been created near the current price, indicating potential for another rally.
P.S. I won't be surprised if price opens with volatility. A major incident involving Donald Trump in the USA could cause price gaps. Therefore, I will patiently wait for the market to settle before making any moves.
GBPUSD Weekly Analysis and OutlookGBPUSD Weekly Analysis and Outlook
Next week, the GBPUSD pair is poised to challenge a key resistance level, showing potential for a significant bullish move. Traders should prepare for the possibility of the pair creating a new high as it attempts to break above this critical level.
Current Market Overview:
The GBPUSD has been building momentum for the next upward movement leg, with increasing buying pressure observed near the resistance zone. The pair's recent price action indicates a continuation of a bullish sentiment, supported by favorable market conditions. As it approaches this crucial resistance, traders are closely monitoring for signs of a breakout.
Expectations and Potential Scenarios:
As the GBPUSD approaches the key resistance level, several scenarios could unfold, which traders should prepare for:
Primary Expectation:
Bullish Breakout: If the GBPUSD successfully breaks above the resistance level, it is likely to trigger a strong upward movement, potentially creating a new high. This breakout could lead to higher price levels, offering traders opportunities to capitalize on the bullish trend. In this scenario, the pair might target subsequent resistance levels, reinforcing the positive outlook.
Alternative Scenario:
Resistance Rejection: However, if the GBPUSD encounters strong resistance and fails to break through, a temporary pullback might occur. This would allow traders to reassess and look for entry points at lower levels before the upward trend potentially resumes. Monitoring the price action closely at this resistance zone will be crucial to anticipate this scenario.
Conclusion:
In summary, the GBPUSD pair is at a pivotal point, with the potential for a significant breakout and the creation of a new high. Traders should watch for a decisive move above the resistance level, which could signal continued gains and a shift to a bullish trend. Keeping an eye on both bullish breakout and corrective pullback scenarios will be essential for effective trading strategies. Stay updated with market developments and adjust your positions accordingly.
By Piptera Digital Solutions,
Invest Wisely!
XAUUSD 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.