The Cable seems tom be presenting what seems as a Bullish trendGBPUSD has just tapped on the Daily order block and formed what presents as a probable change of character to the bullish side. The Buy Limit orders may be set as shown!
Gbpusdlong
GBPNZD about to take 1.2708 BOS & steam ahead
Originally I got on the wrong side of this trade, but things have bounced back for GBPUSD Longs.
I'm sure there will be a pullback into 1.2708, so take a look.
By the way, there is a Fib retracement right now, you could probably get in around 1.2690 or less.
You will find Fib levels I wrote in here on chart
Scenario on GBPUSDWe have created a higher low on the market, which will ultimately mean for me that I will wait to see how the situation develops regarding the marked point. If the price breaks below, it still won't matter because the support is set below which the price would have to fall to start considering a short position. From this perspective, I rather like to return to the creation of a double bottom or some other formation for establishing an SFP because around the price of 1.274 - 1.2867 we don't have selected liquidity and from this price the resistance at the price of 1.3 is very close. This is just my view of the entire situation around this market.
GBPUSD is in the Buying Direction after Testing SupportHello 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 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 Potential Long TradeGBPUSD hitting monthly support 1.26 to retest at the bottom of bullish channel after punching through the roof of the down supertrend, hovering on the middle of the bollinger band. Potential rejection and reversal to the upside towards resistance levels 1.36, 1.42, and 1.48.
GBPUSD BUY OPPORTUNITYbroke the structure on 4h tf.had my entry and waiting for tp to get hit.had good reation on the entry level.
FX:GBPUSD
GBP/USD - H4 Chart - Rising Wedge BreakoutThe GBP/USD pair on the H4 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Rising Wedge pattern. This suggests a shift in momentum towards the Upside in the coming Days.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 1.2695, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.2862
2nd Support – 1.3006
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
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Thank you.
GBPUSD to find buyers at previous support?GBPUSD - 24h expiry
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A higher correction is expected.
Intraday signals are mixed.
Preferred trade is to buy on dips.
Bespoke support is located at 1.2610.
We look to Buy at 1.2610 (stop at 1.2565)
Our profit targets will be 1.2745 and 1.2800
Resistance: 1.2700 / 1.2750 / 1.2800
Support: 1.2600 / 1.2550 / 1.2500
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
GBPUSD Drawing And LearningJust drawing in a relaxed state can uncover new insights. I learn this decades ago, and it is very valuable to me.
Maybe it helps you too, when you do your Zen Chart Work §8-)
BUY GBPUSD. Levels are starting to bounce back for GBP. Buy.
Standby some more info on this trade Long.
This is the real deal breakout trade imho.
Same deal on the 1HR timeframe.
Lets bet together and we will beat the bigger players always betting against our trade profits.
(Australia times)
GBPUSD Daily AnalysisFX:GBPUSD
Note :
Do your own Research and Trade Wisely Never rely on my opinions.
Good Luck folks
(Follow for more Valuable Updates)
GBP/USD Longs from this weekly demand This week, my analysis suggests that GU is likely to experience a bullish reaction from its current position. Price is sitting within a key weekly demand zone and has already surpassed the 50% retracement mark, signaling a potential area for long opportunities.
At the current level, there is a 1-hour demand zone nearby, with another demand zone just below it. I plan to watch for price accumulation in these areas, particularly to take out the weekly low. Once that occurs, I’ll look for my lower time frame confirmation to enter long positions. My primary target will be the Asian session high near the supply zone above.
Confluences for GBP/USD Longs:
- Liquidity Targets: Significant liquidity rests above, including the Asian session high.
- Supply Zone Mitigation: A strong supply zone above has yet to be mitigated.
- Retracement Setup: The bearish trend suggests the need for a retracement upward.
- Imbalances Above: Price has left clear imbalances that need to be filled.
- Weekly Demand Zone: Price is currently reacting within a high-probability weekly demand area.
P.S.: If price opens the week with bullish momentum but doesn’t provide a clear entry setup, I’ll shift my focus to the mitigation of the supply zone above. This would present potential sell opportunities to continue the broader bearish trend.
GBPUSD pullback a bit to make setup stronger. Buy now
Credit to SetupsFX for finding this one earlier.
Price has swept back a little , but I have detected the breakout on 1m timeframe. Price is moving bullishly via these yellow volumised orderblocks.
SetupsFX time a corker of a trade. Long GBPUSD
This is travelling nicely by all accounts. First chart is the 1hr. GBP is positioned at the big-time lows, no wonder they went after my big lot-size first trade which they illegally took down. But I got back in with about 1/5th lot size.
Look its true, they will target you and bet against you when big lot size is noticed. Why in trading you gotta be a gray-man and lay real low. Nobody can work out the gray-man or gray-lady, they hide everything and blend in very well. Sneak around like a spectator and then while know nobody is watching - BAM.
Here is the trade on the much lower timeframes.
GBPUSD Trade PlanChart shows a bullish divergence between price and RSI, alongside an inverse head and shoulders pattern, indicating a potential bullish reversal.
The trade setup suggests a buy stop above the neckline at 1.27268, with a stop loss at 1.25861 (below the lower low).
Profit targets are TP1 at 1.28680 (first resistance) and TP2 at 1.30080 (higher resistance).
Ensure confirmation with a strong breakout above the neckline.
Partial profits can be taken at TP1, moving the stop loss to breakeven for a risk-free trade.
If the price closes below 1.25861, the setup is invalidated, and no entry should be made.
GBPUSD forming a bottom?GBPUSD - 24h expiry
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
We are trading at oversold extremes.
Bullish divergence is expected to support prices.
Preferred trade is to buy on dips.
Bespoke support is located at 1.2630.
We look to Buy at 1.2630 (stop at 1.2590)
Our profit targets will be 1.2730 and 1.2760
Resistance: 1.2700 / 1.2750 / 1.2800
Support: 1.2630 / 1.2600 / 1.2570
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
GBPUSD is in the Selling Direction after breaking suPportHello 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: Three Major Targets+DXY Dropping hard! CAPITALCOM:GBPUSD
GU has been dropping ever since we have got the election results. Due to DXY extreme bullish presence in the market. It was safe not to enter any buy positions or even selling was bit tricky in these kind of price action. However, things have changed so far, we can see DXY reversal and we are getting back to normal market conditions. Please Like and comment.
GBPUSD BUYWaiting for Volume & Structure Breaks for now - Last Targets @ 1.3000 - Average Targets (TP) @ 1.28
GBP USD Trade Setup Daily Timeframe. GBP USD has tapped into a Daily Demand Level around price 1.27000, and the price is showing signs of weakness as DXY US Dollar Index tapped into a Daily supply level.
So we will be looking for buying opportunity from the lower timeframe.
Understanding GBPUSDToday we will be taking a closer look at understanding GBPUSD .
GBP
-no global business
-risk currency
-more linked to the UK economy, politics, central banking
USD
-global business currency
-safe haven globally
-Petrodollar
UNDERSTANDING THE CURRENCY PAIR
-we have to understand that within this pair “ GBPUSD ” one is a “ risk ” currency ( GBP ). ( USD ) is a “ safe haven currency ” and is also known as the world reserve currency. During times of economic uncertainty our doubt , or during any periods of times where we have more $ strength, which can be induced by the FED central banking, interest rate hikes and so forth, we will always have the $ dominate, even if the other currency can have some short term strength.
THE USD IS THE WORLD RESERVE CURRENCY
What does this mean?
-this means that the majority of INTERNATIONAL business is denominated in USD. We can see this very relevant when we are looking at the OIL industry and how oil is always exchanged in USD. Hence the name “PETRODOLLAR”.
GBP / USD ! Support and good news for GBP ! signal BUYGBPUSD trend forecast November 12, 2024
The GBP/USD slipped back to recent lows on Monday, dipping below 1.2900 as traders await UK wages and jobs data set for release early Tuesday. Despite a quiet US session, risk-on sentiment remained strong, which continued to support the US Dollar.
Good news data forecast for GBP with H1 support - suitable for BUY signal
/// BUY GBP/USD : zone 1.28400 - 1.28200
SL: 1.27800
TP: 40 - 100 - 200 pips (1.30200)
Safe and profitable trading
