GBPUSD BUY SETUPIn Sha Allah I hope the market will go above this price level for a while
ENTRY : 1.2490
TP : 1.2600
SL : 1.2450
Gbpusdsetup
A clean mitigationCurrently within the daily internal supply zone and the market printed three black crows as a reversal candlestick pattern. This shows that the market is ready to go bearish and correct this one directional movement inefficiency. The first target should be the fair value gap and ultimately the demand zone to be mitigated and give us a clean bullish entry…
GBPUSD BUYHello, the GBP USd pair is in positive condition. There is a high possibility that the price will go up. After breaking the flag. The pair reached a resistance that it is trying to break through.Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
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: Next destination!Unexpected upturn in mortgage activity, investors should also look for a sustained rise in inflation
Investors should keep an eye on the inflation rate, which is expected to steadily increase, along with the recent surge in mortgage activity. This could lead to the Bank of England taking action to tighten monetary policy. As a result, the British Pound could benefit from higher interest rates and bond yields compared to the US.
GBPUSD sell setupGBPUSD is testing the strong supply zone . it is a very significant area where market is testing the broken trend line and also the Fibonacci retracement areas
look for bearish confirmation on lower time frames and sell GBPUSD with your own money management always remember that patience is the keys to success
GBPUSD: A strong supply zoneGreetings Fellow Traders:
Midday update for GBPUSD,
We can see that a supply zone is active around 1.2510-1.2540
And for any sustainable upside move that zone needs to be broken in at least 4 hours timeframe...
And before that you can keep your selling positions with mentioned targets in chart.
Good Luck 🍀
GBP/USD - SHORT; Hard SELL, right here!Looks like cable is fixin' to be done for, right about here! SELL it hard!
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 Next Possible MovePair : GBPUSD ( British Pound / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Long Time Frame with a Breakout of the Lower Trend Line and Retracement and will Completed its Retest at Fibonacci Level - 61.80%
Divergence
Break of Structure
Completed " 12345 " Impulsive Waves and " A " Corrective Wave
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish.
- The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2536 LEVEL. After that, you can SELL at 1.2099 LEVEL. So go to GBPUSD SELL ENTRIES.
GBPUSD H1 PositionGBPUSD SUPPLY DEMAND
ENTRY: 1.2407
SL:1.2440
TP:1.2275
RR: 1:4
What You Think ? Give me Your Idea
GBP/USD Technical Analysis and Key Events to WatchThe GBP/USD currency pair recently reached the 1.25240 resistance level, leading to uncertainty in the market. In our previous analysis, we identified potential supply zones at 1.25240, 1.25648, and 1.26252. The currency pair remains technically bullish, as the price is above the 20-day exponential moving average (EMA), and the MACD line is above the zero level.
A bearish divergence is visible on the 4-hour chart, with the MACD signal line indicating bearish control. On the 1-hour chart, the MACD has crossed the zero level, and bearish pressure is evident. The direction of the GBP/USD pair will depend on whether the trendline support holds or breaks and later retests as resistance.
Key fundamental factors to watch next week include the ZEW economic sentiment, Euro Area inflation print, and hawkish rhetoric from the European Central Bank (ECB). These events can impact the GBP/USD pair, making it crucial to monitor them for a better understanding of the market's potential direction.
The following economic events may also influence the GBP/USD pair:
Empire State Manufacturing Index
Claimant Count Change
Average Earnings Index 3m/y
CPI y/y
Unemployment Claims
Philly Fed Manufacturing Index
FOMC Member Waller Speaks
Existing Home Sales
Retail Sales m/m
Flash Manufacturing PMI
Flash Services PMI
To navigate the uncertainty, traders should stay informed, use technical analysis tools, employ risk management techniques, practice patience, and learn from experience. By monitoring key events and employing these strategies, traders can optimize their approach to the GBP/USD market.
Volatility contraction1.22741 which happens to be the first drive, drove price up to give us a liquidity pool which also gave sellers the takeover to correct the inefficiency and to provide the second drive. The second drive advanced in a volatility contraction pattern, the contraction created a swing high high which the got broken by the volatile move. Then eventually a liquidity sweep took place, the market created a small distribution phase to drive price to the demand region. Now price looks to have respected the zone and simultaneously provided a third drive to complete the three drives. This gives us the idea of a young bullish move to make a pullback to the fair value gap, this pullback is expected to reject price to the demand zone…
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.
GBP/USD Chart H1Here is my view for GBPUSD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBP/USD Chart H1Here is my view for GBPUSD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPUSD - Short IdeaGBP/USD has been rising steadily since early March after bouncing off technical support, but now sellers could retake control of the market. We have a few strong resistance levels at 1.252 & 1.266 and a few strong support levels at 1.182 & 1.174. So it's a perfect risk:reward ratio for a sellers.
GBPUSD: Investors!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
Apart from the unforeseen increase in mortgage transactions, investors must also anticipate a continuous escalation in inflation. Such updates compel the Bank of England to adopt stricter monetary regulations, which bodes well for the British Pound, given that the interest rates and bond yields in the UK are lower compared to those in the US.
Note: Full TP, SL for winning the market and safe trading!
GBPUSD: The Bears' Chance!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
The UK economy is facing various challenges such as strikes, unresolved Brexit issues, low productivity, and pessimistic forecasts from the International Monetary Fund, which are all valid reasons for concern. The Bank of England has recently confirmed this gloomy outlook, which is a significant endorsement of the situation. As a result, the Pound is likely to remain weak against all currencies for an extended period.
Note: Full TP, SL for winning the market and safe trading!
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.
