GBPUSD Ready to Take Buy Side LiquidityGo with the Flow
Major and Minor trend is bullish, Dont be idiot to look Sell, Just wait for Buy Setup.
Gbpusdlong
Reference strategy and analysis of the GBPUSD market today. Idea of the day: sell soup
. GBPUSD price lost its peak above 1.27 after breaking above 1.2674 yesterday. This morning price is retesting the breakout level at 1.2674. The price will likely retest the level around 1.27 and will likely fall again due to the resilience of the US dollar.
. In the first half of this year, the ADX index has risen and shown strong momentum, and the price may have the momentum to retest 1.27. However, 1.2650 remains a strong resistance level and can therefore be sold.
Reference ACE strategy:
Sell GBPUSD 1.2660 SL 50 TP 50 100PIP
Sales limit GBPUSD 1.27 SL 50 TP 50 100PIP
The GBP/USD pair is trending up in the short termThe GBP/USD currency pair is showing an uptrend in the short term. If the exchange rate remains above 1.2672, investors could take profits by going long near 1.2738 and 1.2781. Conversely, if the exchange rate falls below he 1.2672, the investor should go "short" and expect to take profit at 1.2629 and he should book profits at 1.2564.
GBP/USD BULLIt seems like you're discussing the GBP/USD exchange rate and expressing excitement about a potential upward breakout. If the level is breached, you anticipate a further upward movement towards the previous monthly high. Good luck!
GBP/USD looks set to extend its gainsA potentially nice setup is forming on #GBPUSD.
High trading activity around 1.2718 during its prior decline could act as a magnet for prices on the daily.
The 200-day MA has flipped from resistance to support and no immediate signs of a top on price and OBV is confirming the rally.
A strong trend has formed on the 1-hour chart with a potential bull flag. The monthly R3 pivot is capping as resistance, but a break above last week's high assumes bullish continuation.
Even if prices retrace first to invalidate the bull flag, it looks like a decent candidate for bulls to seek dips to my eyes and a move towards 12.7.
Gbpusd sell position setupWe are in a bullish trend and we have a BOS in 4H TF. So we have to wait for a pull back and this area has its potential to go long.
I'll wait for CHoCH in lower TF for more confirmation and then I'll enter the position.
Lets see what will happen...
Good luck.
💡 GBPUSD: Predicted November 27➡️ GBPUSD showed a significant price increase in the last session and is currently nearing the target resistance level of 1.265, as per the double bottom model. It is advisable to consider taking profits on previous buying positions. The upcoming focus should be on monitoring the price action around this resistance level, as the signals observed here will likely indicate the next direction of the price.
GBPUSD - Potential retracement ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.23000.
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GBPUSD: The pound-to-dollar exchange rate fell 0.08% at 1.2594Late last week, the dollar depreciated versus a basket of currencies on reports of strong U.S. business performance in November; however, private sector employment decreased due to forecasts of an impending economic slowdown. the final quarter.
Prior to this, the US Composite PMI Output Index was recorded on Friday by Michael Brown, a market analyst at Trader S&P Global.
In particular, the number remained unchanged at 50.7 this month as a result of a minor increase in activity in the service sector offsetting a decrease in output. An increase in the private sector is indicated by a rating above 50. Businesses are laying off employees as a result of the weak order growth; the employment index in the poll dropped from 51.3 in October to 49.7 in June 2020, the first loss since then.
💡 GBPUSD: Predicted November 23➡️ The market experienced a steep decline in the initial half of the session, followed by a resurgence of buying activity that resulted in long candle shadows below. This indicates that sellers did not exert strong dominance. The overall situation has remained relatively unchanged since the last session. Our expectation is for the price to continue its upward movement, approaching the target set by the double bottom pattern. It is advisable to steadfastly maintain your existing long positions.
GBPUSD (D1) is continuing its uptrendGBPUSD (D1) is continuing its uptrend. Its target area is at the 1.618 Fibo extension (price range 1.275-1.276). The important trend reversal area to note is at Zone 1.247
GBPUSD - TP ✅✅GBPUSD last 2 weeks trade finally hit TP ✅. — Patience is the key. I can tell you this 100 times, patience is the key to success in this market. If you can spend hours waiting, doing nothing, then nothing's going to stop you from succeeding. Either waiting to execute or when managing a trade. Happy weekends y'all. Don't forget to backtest.
💡 GBPUSD: Target around 1.2580➡️ GBPUSD is on an upward trend, achieving higher highs in the previous session by surpassing the 1.2500 resistance level. This affirms the ongoing bullish momentum. The current scenario is promising, so stick to your buying strategy, with the target for positions remaining around 1.2580.
GBPUSDThe GBP/USD exchange rate hovered around 1.25300, marking its highest point since early September. Despite gold surpassing the 2000 level, GBPUSD showed minimal fluctuations yesterday. The focus now turns to statements from Bank of England (BoE) policymakers regarding the policy outlook, which may influence the pair's movements in the short term.
In contrast, the UK's FTSE 100 index opened lower, showing a 0.5% decline. Concurrently, US stock futures turned negative during the relatively calm Asian session. Should safe-haven sentiments return later in the day, the US dollar might experience a reprieve from its downward pressure, potentially limiting the upside for GBP/USD.
The dollar's decline persisted on Tuesday, with traders anticipating the release of the Federal Reserve's October meeting minutes and US Existing Home Sales data. This trend follows Monday's market sentiment, where the USD index slipped below August lows, dropping below 104.00. The decline was exacerbated by US Treasury bond yields falling below 4.4%.
gbpusd still long for mea small scalp but it is risky, wait for your confirmations and manage your risk
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 4H : Uptrend GBPUSD
New forecast
The GBP/USD pair faced additional negative pressure yesterday to break the 1.2406 level, and begins the day with further decline to reach the end point of the negative correction.
Therefore ,we still prefer the upward trend and still upward scenario will be remain valid supported by moving average 50that is continue to support the price to rise up and our target will be 1.2447 and extend to 1.2508 , taking into account that stabilized under 1.2365 will put the price under sell pressure and postponed the bullish trend .
The expect range trading for today it will be between the resistance line 1.2447 and support line 1.2365.
Additionally ,Today News will affect the market .
support line : 1.2365 , 1.2321
resistance line : 1.2447 , 1.2508
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
GBPUSD - Look for a long position ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: After changed of character here we can see that price started to make higher lows and higher highs, so I am looking for longs. I wait price to make a retracement to fill that huge imbalance lower and then to reject from institutional big figure 1.23000.
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GBPUSD - TP ✅Last week second trade on GU finally hit TP 🎯. It nearly hit my SL tho, tight spread helped me.
GBPUSDFX:GBPUSD has been making some interesting higher lows over the last few weeks. It has broken the 1.23962 resistance area and currently doing a retest of the same zone. Are we going to see a further push or price will drop and push further down? That remains to be seen, however my bias in this is Bullish.
On H4, a good rejection of the zone just might trigger the momentum need for the uptrend to continue with targets at the next resistance level 1.26325. If price on the other hand breaks down to the short side, we just might see it come back to the 1.22265 area
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
GBPUSD LongGBPUSD has been blessing us for awhile now.
Maintaining trend and S/R. No changes expected. Now the double bottom is clear we are looking for a potential retrace to the neckline and a continuation to our final TP 1.25964. DXY decent supports this potential opportunity.
GBPUSD Long idea..GBPUSD is bullish on daily time frame, keeping that in mind we can see that GBP has retraced enough to prove itself going strong bullish and on 1H time frame we can see that price has changed the character to continue it's bullish run, so we can expect the price to come into our 1H level of Demand before it continue its move to the upside.
