Gbpusdsetup
GBPUSD Short Trading Opportunity
Entry:
Short position recommended upon retest of 1.25800 support-turned-resistance.
Stop Loss:
Place stop loss near 1.26200 to mitigate potential losses.
Take Profit Targets:
- TP-1 : 1.25390
- TP-2: 1.24980
Conclusion: Favorable short trading opportunity post-breakdown. Maintain disciplined risk management.
Disclaimer:
Trading forex carries high risk. Only invest what you can afford to lose. Past performance doesn't guarantee future results. Consult a financial advisor if unsure.
GBPUSD BUYGood evening everyone! Don't forget to put your thumbs up and write comment if you like the idea.
The price moves smoothly into the long area. On Friday I expect to receive an impulse growth against the backdrop of the same decline in the labor market.
First target: 1.26700
Final target: 1.28000
#GBPUSD: 600+ Pips Selling Opportunity! GBPUSD we have been trying to sell GBPUSD since long time price consolidated and then took out the buy side liquidity, now price has broke out the sell side trendline liquidity. In our view, price will continue to drop at least for another 200 pips, then after we will wait for second safe entry. Good Luck Trade might be ready within next week since we will be having several bank holidays.
thank you.
GBPUSD
In the 4-hour timeframe, GBP/USD appears to be favoring a short-term selling position following the completion of Elliott Wave's C point and a breakout below the ascending trendline. The price is currently forming an Elliott Wave pattern with waves 1 to 4 complete, featuring a 50% retracement. With the price now moving towards the 5th wave, traders may consider shorting opportunities to capitalize on the anticipated continuation of the downtrend.
💡 GBPUSD: Forecast March 25GBPUSD fell sharply in the last session after creating a bearish engulfing candlestick pattern. Currently, the resistance level of 1.26 is showing signs of being broken, selling pressure is still very strong, continuing to expect the price to go down in the short term, The target is still around 1.25xx. The position to enter a sell order at this time is not good. You should wait for a rebound to the 1.27xx area before considering entering the order.
GBPUSD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
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GBPUSD: GBPUSD commentary todayThe USD stabilized after the DXY index ended the week at a record high in more than a month, approaching its 2024 peak.
The dollar has strengthened recently, contrary to expectations that the greenback would weaken as the Fed moves closer to cutting interest rates. Now, expectations of interest rate cuts by other central banks are also helping to support the currency.
Investors will be watching a flurry of inflation data around the world this week, including the Fed's key inflation measure on Friday, which is expected to continue to run hot in February. The core PCE index, which excludes food and energy prices, is forecast to rise 0.3% after its biggest monthly gain in a year.
GBPUSD SELL FROM THIS ZONEHELLO TRADERS
As I can see GBPUSD now tested a strong resistance zone as we can see DXY is now above the Daily Support level and holding the Support after NFP outcome I am expected a retrace till design levels if this week Stronger CPI & US Inflation comes out Friends its just a trade idea share Ur thoughts with us it help many other traders Stay Tuned for more updates
GBPUSD I Daily bias is now short as the bullish trend was brokenWelcome 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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Are you ready to ride this? More than 3,000 pips { 21/03/2024}Educational Analysis says GBPUSD may move in this range for some time according to my technical.
Broker - FXCM
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because the market is in an uptrend on 4 hour zoom out time frame, the market tried to put fake Change of Character duping the traders for a while.
But now we can go long from this zone marked out with risk to reward ratio tool.
Let's see what this pair brings to the table in the future for us.
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
💡 GBPUSD: Forecast March 20GBPUSD responded to the support zone around 1.2675, and formed a nice kangaroo tail candle that could be bought. However, currently this candlestick has not been matched, moreover, if we trade in the daily frame, we can only earn more than 2 Rounds of profit from this area.
If you trade multiple time frames, you can go to the lower frame to find a signal to confirm the price direction and then find trading opportunities.
GBPUSD → Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY . GBPUSD long
! Great BUY opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
#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!