GBPUSD SELL | Idea Trading AnalysisGBPUSD is moving in a descending channel near the upper boundary.
The volatility of the price movement decreased when approaching the channel boundary.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY
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 🤝
Gbpusdshort
💡GU Multitimeframe 💡Starting to see some bearish confluences on GU
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Cable expecting shortThe cable (GBPUSD for newbies) is definitely of my favourite pairs. My previous plan was just really accurate, and i am here sharing a short term plan. I expect a drop tomorrow that could lead the price below the short term trendline, and i think this drop could push the price lower. I expect a bearish trend till Friday morning, where we could see a possible reversal pattern.
GBP USD GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your trades with the GBP/USD forecast and key pivot points data and support and resistance levels.
GBPUSD: Bearish Momentum Emerging!Greetings Traders,
As we enter this new week of trading, I anticipate a shift towards bearish institutional order flow. Following Friday's NFP news release, we saw a draw towards the final buy-side objective, namely the weekly bearish order block. This move appears to be a temporary shift, reinforcing our long-term bearish outlook.
Currently, price action on the H1 timeframe has retraced to the mean threshold of the H1 bearish order block. I'll be closely monitoring for confirmation of further bearish momentum from this point onwards.
There are important objectives which we can use as sell side objectives, especially the engineered liquidity (trendline liquidity), we understand that there is a large amounts of liquidity resting at those points which smart money will be looking to absorb.
Stay tuned for my upcoming weekly outlook video on GBPUSD.
Best Regards,
The_Architect
GBPUSD: Bearish Momentum Ahead! Weekly Trading OutlookHello traders,
In today's video, I'll delve deep into the GBPUSD analysis, offering a thorough outlook for the upcoming trading week. With significant developments unfolding on both the DXY and GBPUSD charts, it's imperative to dissect the possibilities that lie ahead.
Stay tuned for invaluable insights that can help guide your trading decisions. Don't hesitate to drop any questions or comments in the section below.
For a comprehensive analysis on the DXY, be sure to watch the May 06 video linked below.
Happy trading!
The_Architect
GBPUSD: Continuing Bearish Institutional Order Flow!Hello Traders,
Currently, we're observing a temporary retracement into a H1 bearish order block, which holds significance due to several key factors:
Liquidity Void : The order block is preceded by an inefficiency in price movement, indicating a potential area where liquidity needs to be filled.
Institutional Alignment : The order block coincides with an institutional resistance reference point, particularly evident on the m15 timeframe. This alignment suggests that smart money is likely to engage in market activity here to mitigate buy orders and initiate new selling orders.
Liquidity (Buy Stops) : Below the order block, buy stops are evident. This implies that smart money may enter the market against liquidity, a common tactic in institutional trading.
Considering these factors, there's potential for a move to the downside to align with the prevailing bearish institutional order flow, particularly targeting the daily discount fair value gap.
However, should price deviate from this scenario and disrespect the H1 order block, we may witness a draw towards the H1 Premium Buy stops, followed by further selling towards the sell-side objectives.
For more insights, refer to the linked post below, explaining the nature of the recent upside draw as temporary:
Stay tuned for further updates.
Best regards,
The_Architect
GBPUSD: Bracing for Bearish Momentum 📉 Friday Trading OutlookGreetings Traders!
Join me in today's video as we dive deep into the GBPUSD analysis, exploring what to expect in today's trading session. This analysis holds significance as it sets the tone for next week's trading as well. We've reached a critical juncture on the GBPUSD chart, so it's essential to understand what lies ahead.
Stay tuned for valuable insights, and don't hesitate to leave any questions or comments in the comment section below.
To watch Tuesdays Weekly Outlook, please follow the link below:
To watch SMT Divergence Tool, please follow the link below:
Today's analysis, please follow the link below:
Kind Regards,
The_Architect
GBPUSD: Price reaching premium selling zone| SetupsFX_ |Dear Traders,
Hope you are doing great, we have a upcoming great selling opportunity on GBPUSD. DXY may become weaker until Thursday where we can start having major news on DXY. The economic news expected to come in favour for USD although, the market will be too volatile so we ask you to follow accurate risk management.
As always if you like or agree with our idea, do not forget to like and comment :)
#GBPUSD: 600+ Pips Selling Opportunity! FX:GBPUSD price fail due to DXY remain extremely bullish, though we thought price would rise up in our 1 hour timeframe and then continue dropping. However, DXY bullishness momentum was extreme and it kept on dropping. We might see some correction where price reaching around price region and then drop from that area.
If you like our work then please do like and comment the idea. Appreciate your support and good luck trading.
GBPUSDDear Traders,
As DXY remain extremely bullish since a week now, price have dropped heavily, in fact more than any other dxy pairs; and there is strong reason behind for it, GBP was dropping due to only economic sides not favouring it. Now, DXY and GBP have started making few corrections in their respective trends. What we are looking at here is a strong possibility of selling big. Therefore, we can identify that area.
💡 GBPUSD: Analysis May 10Prices fell in the first half of the last session, retesting the important 1.2470 support level but could not successfully break this resistance level, buying pressure returned and created a bullish signal here. This signal is a disadvantage for the current selling strategy, we can consider turning around and buying
GBP/USD Gave Yesterday +50 Pips 0 Drawdown , New Entry Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPUSD is heading to 1.24200-1.24000 Zone(5/9/2024)Right now, GBP/USD FX:GBPUSD is facing the BOE interest rate descision.
current momentum is bearish and the price has broken a trend line.
We believe the price move bearish until 1.24000.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.
GBP/USD - Downtrend Resumes below 1.2466The 15-minute timeframe is now a downtrend, we saw a completed wave structure yesterday. The pullback to that move is valid and we expect a follow-through. Having said that, the 1Hr timeframe is still not 100% Bearish, we need to see a break below 1.2466 before we can safely say the H1 is now bearish.
The alternative Scenario is this; If the price should fail to break below 1.2466, and it proceeds to break above the (c) high 1.2506, we will reverse the position and buy immediately.
Right now we are bearish and we sell or do nothing.