GBPUSD Analysis H1Here is my analysis for GBPUSD on H1 using Order Block. 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!
Gbpusdsetup
GBPUSD BUYHi, according to my analysis of the GBPUSD market, there is a high potential for an uptrend. With the bearish flag broken. We also see a bullish channel forming. The price is now trying to breach the resistance at 1.25400, good luck to everyone .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
Finally GBP ShortGBPUSD created a bearish butterfly pattern on 1.42; Now expected a short to 1.261xx
GBPUSD Weekly Outlook: New perspective for the week | Follow-upDuring the latter part of the previous week, the GBPUSD price action continued its upward movement as the US Dollar faced obstacles following a less confident recovery.
The release of data on Thursday, which showed a surge in the number of Americans filing new claims for unemployment benefits to the highest level in over 1½ years, prompted investors to sell off their US Dollar positions.
The upcoming week will feature several significant economic events from both economies that will greatly influence the price movements of this currency pair. With indications of a weakening labor market in the U.S., the release of the latest consumer prices index for May on Tuesday will have a significant impact just before central bank officials meet to discuss interest rates.
On the other hand, the Pound Sterling will also be influenced by the release of employment data for May on Tuesday. The preliminary report suggests a projected decrease of 9.6K in Claimant Count Change, contrasting with a significant increase of 46.7 K. The Unemployment Rate is expected to rise to 4.0% compared to the previous release of 3.9%.
In the video, we conducted a detailed analysis of the GBPUSD's bullish and bearish sentiment, focusing on price action-based technical analysis of the Support and Resistance Levels in the 4-hour timeframe. I discussed how these levels can help identify potential trading opportunities in the upcoming week, providing insights and analysis on the GBPUSD chart. It's important to note that we highlighted a key level at 1.25900, which could play a significant role in determining the direction of price action in the coming week. Make sure to follow this channel and stay tuned to avoid missing out on updates in the comment section.
Disclaimer:
Trading on margin in the foreign exchange market (including commodities, CFDs, stocks, etc.) carries a high level of risk and may not be suitable for all investors. The content of this speculation (including all data) is provided by me for educational and informational purposes only to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not accept any responsibility for its accuracy.
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Please note that past performance is not necessarily indicative of future results.
GBPUSD Analysis H4Here is my analysis for GBPUSD on H4 by using Order Block. 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 Ready To ShortGBPUSD created rising wages with a clear hidden bearish divergence on the weekly time frame. And its Monthly 0.618fibonacchi golden ratio zone; a big short antoicipated.
1st TP 1.241xx
2nd TP 1.222x
GBPUSD Ready To ShortGBPUSD create a triple top pattern And anticipated short from 1.265xx to 1.237xx to 1.164xx in the long run.
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.
Best level to sell GBP/USD + 220 Pips potentialDear traders, despite yesterday's 100 pips fall which gave us a good profit
of 87 Pips on our sell trades, GBP/USD has managed to recover.
If you are planning on selling GBP/USD, I would recommend you to wait for a better
entry. Keep in mind that a perfect entry is crucial to ensure your trading strategy
is profitable.
So, if GBP/USD reaches 1.2675 level and bearish price action forms, traders can
consider selling GBP/USD@1.2675 with SL above resistance and TP at 1.25
GBP USD BUYWait for price to reach the killer zone and look for that price moment in smaller timeframe or just a large wick candle formed in 1hr and take trase
GBPUSD 1:4 TradeGBPUSD 1:4 Beast Trade
1) Uptrend
2) Breaking Their Resistance
3) Good Fundamentals of GBP because of Positive GDP growth Rate
4) USD can be weak this weak because of CPI coming on Tuesday
5) 200EMI is below the Price
Best and Simple trade
GBPUSD SHORT on hawkish FEDDollar climbs on expectations of a still hawkish Fed
The dollar has been boosted by the release of forecast-smashing U.S. jobs figures, prompting U.S. Treasury yields to soar as a robust labor market coupled with stronger-than-expected print on the Fed’s preferred inflation index earlier in May pointed to the U.S. central bank keeping interest rates higher for longer.
The Fed meets next week and expectations of another rate increase are rising, particularly given the growing hopes the U.S. economy is headed for a 'soft landing' after Congress's approval last week of a debt ceiling deal that averts U.S. default.
The Fed enters its traditional blackout period this week, but there is more data to digest, including the ISM services PMI later Monday, which is expected to point to a still solid rate of expansion.
Bears on the prowl at resistance
GBP/USD started the week off by dropping below 1.24, approaching a two-month low of 1.2306 reached on May 25th, as investors perceive a narrowing interest rate gap between the US and the UK. However, the Pound recovered those losses on the back of the weaker US dollar and data that put the Fed back into the spotlight on a dovish tip.
Technically this leaves GBP/USD in no-man's-land, treading water at the top of a 100-pip box as follows:
The bias is therefore bearish while below the counter-trendline and with in-the-money longs a target for the bears for the sessions ahead. However, a break of the resistance around 1.2450 exposes 1.2500 resistance:1,23500
GBPUSD LONGPredicting a target of 1.26294 based on thorough analysis. Current price at 1.25804, entry at 1.25852. Positive technical and fundamental factors support a bullish outlook.
WE GO BIG OR GO HOMEthe fact is this pair might seems to have been over bought but deep inside i have got to be believe that we have to reach / retest the nearest HH for s good melt down as of now we are going bullish and we shall hold strong until those levels i tell u
#GBPUSD-700+ SELLING SETUP❤️TRADERS, we still believe GBPUSD price will come to this region before it start dropping heavily, let's not miss out on this great opportunity. Price dropped recently due to bullishness of the DXY though next week NFP is our target. Which will help a lot.
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Thanks all, as always ❤️
GBPUSD 8June2023for the medium term, it could be until next week, I think this pair will be bullish until the SnD area above. in my opinion the current position occurs FTR, FTR (failed to return) is a condition where prices do not respond to the SnD area. usually if this happens, there is a fairly high price jump when bullish.
GBPUSD Strong correction before the declineHi, According to GBPUSD Market Analysis. There is a high probability of further decline. With the pair retreating from a very strong resistance at the level of 1.25500, and a strong correction of the golden ratio of 0.61%. We also notice a downward channel. The price has broken the upward trend. in green, as shown in the analysis. Good luck everyone .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
GU - Bullish Setup. Will be watching closing on lower TF for a reversal around 0.681 Fib level in an anticipation of bullish trend continuation.
GBPUSDNFP in one hour expecting this move on GBPUSD , let's wait and see how it works out.
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GBPUSD ascent is overHello, traders. According to my analysis of the GBPUSD pair. There is a high probability of going down. With the price reaching a very strong resistance. At the level of 1.26300. There is also a trend of the ascending channel that came in this area. The candles are very negative for the daily time frame. They indicate the strength of the sellers. good luck for everbody .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
Next week - High setup probabilities on GBPUSD FX:GBPUSD
Hello, I'm continuing my analysis of a GBPUSD high-probability setup,
For the buy zone, we have R/R = 4
For the sell zone, we have R/R = 8
Trade at your own risk
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GBPUSD 3June2023if you look at the current falling price, it is possible that wave b is still not complete. this swing that occurred formed an FTR (failed to return) pattern, the price failed to return to the SnD area. be careful if you want to sell, in my opinion it is better to wait for the price to rise back to the SnD area.
GBPUSD - DGBPUSD - D - Movement Prediction and forecast idea in medium term. level to Sell in zone .
