Sell move of GBPUSDGBPUSD is technically moving to a downward price , expecting it to touch the yesterday's low at least as first TP.
Gbpusdsetup
GBPUSD Short planGBPUSD bounce from support as i was expecting. Price finally reached the first reversal area were we could look for short. I have another good level to add shorts, that is 1.26. This is a another resistance level on higher timeframe. First target area 1.2425, i will share my entry on my page
GBPUSD
Based on the daily timeframe, GBP/USD appears to be exhibiting a bearish trend as indicated by a shift in market structure (ChoCh) and adherence to Elliott Wave theory with a completed 12345 pattern. The recent touch of the descending trendline coupled with the completion of the 4th wave suggests potential downward movement. With selling orders likely to be activated, the trajectory for GBP/USD seems inclined towards a sustained downtrend for the long term.
GBPUSD - Trade PlanGBPUSD is in range so we prepared the trade plan by playing resistance and support, prepared two trade plans
GBPUSD Trade planI expect a pullback here on GBPUSD. I think the price is on the way for 1.254. This a resistance area where could maybe see a reversal pattern and the pattern could resume the bearish trend
GBPUSD Long 100 pips target with 1.2540 SLGBPUSD Long 100 pips target with 1.2540 SL
There is a triple bottom which is pointed with green dots on 4H timeframe and there are triple bottom in 1H TF at 1.2542
Price breaching 1.2542 should trigger SL
Daily TF:
4H TF:
1H TF:
GBPUSD: UPDATE 11/04/2024Dear Traders,
Hope you are doing great, we have an excellent buying opportunity. Yesterday price fell significantly mainly due to news came out in favour of USD, making usd the strongest currency against others. This brought huge selling volume in the market, leading our last GBPUSD idea to fail badly. The reason why we think price may rise due to so many gaps price has left behind. In our view price is likely to fill the liquidity void area before its next big move.
If you like our idea then do consider liking and commenting.
GBPUSD BUY | Trading Analysis SetupHello Traders, here is the full analysis.
The completed correction, recovery and formation, continuation of growth. GOOD LUCK! Great BUY 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 🤝
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 I Potential buy from demand zone Welcome 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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#GBPUSD: We are bullish now| 09/04/2024 | Setupsfx_|Dear Traders,
Regarding GBPUSD, we have observed a shift in momentum, presenting an opportunity to fill gaps in the market. Currently, the price is exhibiting significant bullish pressure and is likely to maintain this trend. We recommend considering both entry points, with a backup option in case the first fails. This trade has the potential to be lucrative if appropriate risk management is employed.
GBPUSD: Exploring Buy OpportunitiesCurrently, I'm observing a continuation of bullish institutional order flow , particularly towards the H1 Buy Stops , which serves as our Draw On Liquidity . Price action is positioned at a crucial juncture, resting upon a significant H1 Bullish Order Block , aligned with a reclaimed order block — an institutional support zone.
In this scenario, I anticipate this area to serve as a stronghold as we persist in our pursuit of a bullish trajectory.
Furthermore, below the current price action lies a compelling H4 Bullish Order Block, characterized by a Liquidity Void. Should price action gravitate towards this zone, I'll be vigilant for a confirmation entry, signaling potential buying opportunities.
Stay tuned for further updates and analysis.
Kind Regards,
The_Architect
GBPUSD - Looking To Sell Pullbacks In The Short TermH4 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
GBPUSD Trade Idea - Important Points To ConsiderIn the video, we analyse a potential trading opportunity for the GBPUSD. We delve into the prevailing trend, examine price movements, evaluate market structure, and pinpoint a potential entry point based on favourable conditions (if they arise), as outlined in the video. Additionally, I discuss my risk management strategy. Traders who lack a robust risk management plan expose themselves to significant risk and often encounter negative trading outcomes. It is crucial to incorporate sound risk management principles into your trading strategy. As always, please be aware that this information is strictly for educational purposes and should not be construed as financial advice.
GBPUSDPair : GBPUSD ( British Pound / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line
RSI - Divergence
Break of Structure
Fibonacci Level - 61.80%
GBPUSD Trade IdeaGBPUSD sell based on this 4H bearish trend and retrace. Not financial advice, use sound risk management.
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.
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💰
GBP USD TRADE SET UP EUR USD TRADE SET UP.
EUR USD is making a break and rest pattern on the 1hour timeframe just like GBP USD.
The market has formed a doji candle stick with a long wick on the key level,. now we need to see the next candle close blow before taking entry short ⏰
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 Buy NowGBPUSD Buy Now with 10 pips SL & 20 pips TP. As you can see that it has broken its resistance of tokyo session and has come for retesting. Feel free to buy from here.
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: Forecast 1 AprilGBPUSD did not change much in the last session, the situation remains unchanged, continue to expect the price to go down in the short term, the target is around the 1.25xx threshold, however you need to move the SL for short positions. to the 1.2640 area to reduce risks.
