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Gbpusdshort

Gbpusd signalThe Relative Strength Index (RSI) indicator on the 4-hour chart retreats toward 60 after rising slightly above 70 on Thursday, suggesting that the bullish bias remains intact following a technical correction. GBP/USD faces a pivot level at 1.2650 (Fibonacci 78.6% retracement of the latest uptrend). If the pair manages to stabilize above this level and confirms it as support, 1.2700-1.2710 (round level, static level) could be seen as next resistance before 1.2750 (static level). On the downside, 1.2600 (round level, static level) aligns as first support ahead of 1.2530 (Fibonacci 61.8% retracement) and 1.2500 (round level, static level). Check my signal Gbpusd signal
Short
by KingForex078
GBP/USD: Distribution Signals a Drop to 1.25GBP/USD appears to be in a distribution phase, struggling to break through resistance around 1.2620. The price has formed multiple rejection points at this level, indicating weakening bullish momentum. The recent lower high, combined with a potential break of the ascending trendline, suggests sellers are regaining control. If price breaches the key support zone, a move towards the 1.2500 region becomes increasingly likely. With a bearish harmonic pattern and liquidity grab indications, GBP/USD could see further downside as selling pressure intensifies.
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by BeaucoupPips
GBPUSD - Analysis and Potential Setups (Intraday- 10.02.25)Overall Trend & Context: The OANDA:GBPUSD pair is in an overall downtrend on the higher time frames and lower time frames are in alignment. Technical Findings: Price broke below all EMA's - is now consolidating below. Keep an eye on LTF supply levels between 1.24635 - 1.24530 (within 4h supply). Bullish price action appears inherently weaker against the bears. Potential Scenarios: For now I will only be considering shorts. Trade is active at 1.24150.
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by Apexfx_Alpha
GBP/USD Bearish Outlook – Technical & Fundamental ConfluenceGBP/USD remains in a well-defined downtrend, respecting a descending channel and key resistance levels. The pair recently tested the upper boundary of the channel near 1.2609, aligning with the 38.2% Fibonacci retracement level and the 200-day moving average, suggesting strong bearish rejection. Technical Outlook: • Price Action: GBP/USD has formed lower highs and lower lows, indicating sustained selling pressure. • Trendline & Resistance: The pair remains below the long-term descending trendline, with 1.2609 acting as a major resistance zone. • Indicators: • RSI: Approaching overbought territory, increasing the likelihood of a reversal. • MACD: Bearish momentum is building, suggesting potential downside continuation. • Target Levels: • Short-term support: 1.2330 – Break below this level could trigger further downside. • Major target: 1.1835 – A measured move projection based on the channel pattern. Fundamental Factors: • BoE Dovish Stance: The Bank of England recently cut rates to 4.5%, citing economic concerns, contrasting with the Federal Reserve’s steady rate policy, which supports USD strength. • UK Inflation Concerns: Inflation is expected to rise to 2.8% due to VAT increases and higher airfares, potentially complicating BoE’s policy direction. • US Economic Strength: Strong US economic data, including GDP growth and resilient labor markets, further bolster the USD. • Geopolitical Uncertainty: Potential US tariffs on UK exports could add additional downside pressure on GBP. Trade Idea: • Bias: Bearish • Entry: Below 1.2330 on confirmed breakdown • Target: 1.2099, with potential for 1.1835 • Stop-Loss: Above 1.2609 to invalidate the bearish structure Conclusion: GBP/USD remains under selling pressure both technically and fundamentally. A confirmed breakdown below 1.2330 could accelerate bearish momentum toward the next key support levels. Traders should watch for price action signals and remain cautious of any unexpected shifts in macroeconomic data.
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by parraggon
2
Gbpusd signal GBP/USD holds comfortably above the ascending trend line and the 200-period and the 100-period Simple Moving Averages (SMA), reflecting the bullish bias. Additionally, the Relative Strength Index (RSI) indicator on the 4-hour chart stays above 50. In case GBP/USD confirms 1.2450 (Fibonacci 50% retracement of the latest downtrend) as support, it could target 1.2500 (round level, static level) and 1.2530 (Fibonacci 61.8% retracement) next. On the downside, supports could be seen at 1.2415 (100-period SMA) and 1.2380-1.2370 (200-period SMA, Fibonacci 38.2% retracement, ascending trend line). Gbpusd signal
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by JohnHarry_7
GBPUSD Selling Opportunities Daily Swing Structure = Bullish Daily INternal Structure = Bearish. Narrative Based on Internal Structure. We are Pro-trend. But, we are coming from a strong demand zone. From a daily perspective, GBPUsd is really not that clear. It is possible that the demand zone could SPONSOR a move that breaks the Swing Protected High. In short, this demand zone could be the genesis of phase C moves. _______________________________________ 4HRS Swing structure = Bearish Internal Structure = Bullish We know that internal structure was bullish to facilitate the swing pullback. We also know that internal trend changed from bullish to bearish hich signaled to us that the pullback phase was over. The moment internal trend changed from bullish to bearish, the demand zones left behind were now reaction points. However, Price tapped into demand zone created on Jan 21, and immediate reversed breaking internal change and causing an internal trend change from bearish to bullish. We know that after every break of structure (iBoS, CHoCH or BoS) we should expect a pullback from the reaction points. The moment internal trend changed from bearish to bullish, every demand zone left behind (STB Zones, Orderblocks Breakers etc etc) becomes reaction points. That brings us to where we are. The orderflow that we should follow is the fractal orderflow that we continue selling the currency until the fractal market structure changes from bearish to bulllish. The moment fractal structure switches, that signals to us that the internal pullback is over.
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by DagemFxStudio
NFP FRIDAY: GBPUSD ANALYSISIn the last video that i posted, i mentioned that we should be expecting a pullback from the demand zone. (Please refer to that video). What i never mentioned and i actually overlooked it was the STB(SELL TO BUY) wick zone that was slightly below our zone of interest. Price tapped into it and immediately reversed perfectly. If you were able to get into the buy trade, kudos. For those of us who waited for price to pullback into our supply zone, to sell, this is what NFP did. Well there is still a chance we may get involved in the market but i'm a bit skeptical. If you managed to catch those sells, Congrats, i would still continue holding the sells until we get to the midrange of the Internal structure, at least 1.23386 there about. That's it..... I'll see you on Monday. Happy weekend Fam
Short
by DagemFxStudio
Gbpusd 📉 GBP/USD Elliott Wave & ICT Analysis - Long-Term Bearish Outlook 🟢 Key Observations from the Chart: 1. Macro Structure: The pair completed a corrective B wave at 1.3050 before reversing sharply. Wave (1) of the new bearish cycle has likely been established, with support found at 1.2096. 2. Wave (2) in Progress: Price is currently in a relief rally, forming wave (2). Ideal retracement zone for wave (2) lies between 1.30 - 1.34, aligning with key liquidity zones & potential fair value gaps (FVG). A rejection from this zone will confirm the start of wave (3). 3. Projected Wave (3) Decline: Wave (3) should be the strongest leg downward, targeting 1.13 - 1.10 initially. Further breakdown may see sub-wave extensions reaching 1.00 and beyond. This aligns with major institutional liquidity resting below the parity level (1.00). 4. Wave (4) Retracement: A corrective pullback is expected after a strong wave (3) selloff. Potential lower high formation between 1.13 - 1.15 before resumption of the final selloff. 5. Final Wave (5) Drop: Ultimate bear target lies in the 0.95 - 0.92 region, marking the end of a full ABC cycle. ICT models suggest deep liquidity pools beneath 1.00, making a drop below this level highly probable. --- 📌 Trading Plan & Execution Strategy 💰 Short Entries: 🔹 Sell Limit: 1.30 - 1.34 (Wave 2 Completion Zone) 🔹 Stop Loss: Above 1.35 (Invalidation of Bearish Bias) 🔹 Take Profit 1 (TP1): 1.20 (Break of Structural Low) 🔹 Take Profit 2 (TP2): 1.13 (End of Wave 3) 🔹 Take Profit 3 (TP3): 1.00 (Liquidity Target) 🔹 Take Profit 4 (Final TP): 0.95 - 0.92 (Wave 5 Completion) ✅ ICT Confluence: Liquidity Pools: Sell-side liquidity below 1.20 & 1.00 Breaker Blocks & Order Blocks: Resistance zone at 1.30 - 1.34 FVG Gaps: Aligning with Elliott Wave wave (2) retracement targets --- 🎯 Summary: GBP/USD has entered a long-term bearish cycle after failing at 1.30 - 1.34 resistance. Expect wave (3) to deliver the strongest downside move, targeting 1.13 - 1.10 first. Final bear target sits below 1.00, where a multi-year cycle low could be formed. ICT & Elliott Wave align perfectly for a strong sell bias, making this a high-confidence short setup. 🚨 Bearish Confirmation: If price rejects 1.30 - 1.34 zone, expect strong sell momentum!
Short
by HuntingTraps
3
A Possible Sell for GBPUSDPlease refer to the video that I just published to better understand this idea. But, my idea is, GBPUSD at the moment hasn't really given a clear directional bias. We were previously following the bearish internal structure (4hrs and 1HR) but Yesterday we gapped tapping into a daily (4H and 1HR) demand zone. Then immediately shooting and causing an internal trend change as illustrated on the chart. The reason why I support selling the GBPUSD at the moment (I actually think is the strongest outcome) is based on the simple fact that we expect a pullback after every break of structure. We have three zones to consider that may initiate the pullback as illustrated above. As such, we keep our eyes open, but even as we sell, at the moment I wouldn't be too ambitious with the sell targets.
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by DagemFxStudio
1
GBPUSD Bearish Continuation – Targeting 1.22100OANDA:GBPUSD is trading within a descending channel, indicating the continuation of the bearish trend. The price recently rejected the upper boundary of the channel, which aligns with a key resistance zone. This confirmed rejection suggests the potential for further downside, with the next target around the 1.22100 level. The bearish scenario assumes that the price respects the descending channel and maintains its downward momentum. A clear move below minor support zones along the way could further confirm this bearish continuation. However, a break above the channel would invalidate this setup and indicate potential bullish pressure. Let me know your thoughts or if you have an alternative perspective!
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by DanieIM
4
GBPUSD TRADE SETUPPotential Trade Setup on GBPUSD The price has successfully retest a very strong resistance zone, as we can see that the Trend remains bearish and the set Trendline keeps the price on the lower part of the market. The price is developing, and I am waiting for a retest of the previously broken support and used as resistance before I look for a SHORT trade. A BUY opportunity is at the top above the weekly Low at 1.2593. You may find more details in the chart! Thank you and Trade Responsibly! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading
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by Adefxc