Get started

Gbpusdshort

GBPUSD to see limited gains?GBPUSD - 24h expiry The medium term bias remains bearish. Price action looks to be forming a top. The sequence for trading is lower lows and highs. Rallies should be capped by yesterday's high. Bespoke resistance is located at 1.2660. We look to Sell at 1.2660 (stop at 1.2690) Our profit targets will be 1.2585 and 1.2565 Resistance: 1.2660 / 1.2690 / 1.2725 Support: 1.2600 / 1.2565 / 1.2530 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
GBPUSD: Exploring Potential Sell OpportunityCurrently, GBPUSD has successfully navigated through an m15 Order Block , prompting my focus on a draw towards the H1 Discount Sell Stops. Given GBPUSD's bearish institutional order flow on higher timeframes, I anticipate key bearish price discovery arrays, like Order Blocks, to exert downward pressure on prices. Furthermore, discount prices feature relatively equal lows acting as engineered liquidity, serving as a compelling draw for price movement. I've entered a confirmation entry off the Order Block to capitalize on these dynamics. Kind Regards, The_Architect
Short
by The_Archi-tect
Sell GBPUSD Bearish FlagThe GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish flag pattern. This pattern often indicates a continuation of a downtrend following a brief period of consolidation. Key Points: Sell Entry: Consider entering a short position (selling) around the current price of 1.2618, positioned near the resistance line of the flag. This offers an entry point close to the perceived continuation of the downtrend. Target Levels: Initial bearish targets lie at the following levels: 1.2556: This represents the height of the flag, measured from the top trendline to the bottom trendline, projected downwards from the breakout point. 1.2524: This is a further extension of the downside target, based on the height of the previous price movement before the flag formation. Stop-Loss: To manage risk, place a stop-loss order above the resistance line of the flag, ideally around 1.2665. This helps limit potential losses if the price breaks above the flag pattern. Thank you.
Short
by KABHI_FOREX_TRADING
1
GBP/USD SELL from 1.2632I'm SHORT cable from 1.2632 for the following reasons: a). On H1 price has been rejected by the 100 EMA b). THe 100 EMA coincides with the WPP mid pivot which has acted as stern resistance c). RSI has been decling for several hours d). MACD sees the fast MA crossed down over the slow e). Pivot Point SuperTrend is reading SELL on 15M f). Andean Oscillator sees the red SELL line crossed over both the green BUY line and the signal line. g). Andean Oscillator sees the green BUY line flat. h). On H1 the 25 and 50 EMA's are together and heading south. All these signs taken together would suggest we are BEARISH for at least the next few hours in the absence of further news. CBI Consumer Confidence missed at 14;00 but this is seldom a huge market mover and any USD BULLISH sentiment seems to be evaporatin> Adding to this analysis is the fact that the EUR/USD is also BEARISH and this also looks a good time to SELL.
Short
by forextraplaces
4
💡 GBPUSD: Forecast March 25GBPUSD fell sharply in the last session after creating a bearish engulfing candlestick pattern. Currently, the resistance level of 1.26 is showing signs of being broken, selling pressure is still very strong, continuing to expect the price to go down in the short term, The target is still around 1.25xx. The position to enter a sell order at this time is not good. You should wait for a rebound to the 1.27xx area before considering entering the order.
Short
by Stone_Haven
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💰
Short
by TheGrove
1
GBP/USD Shorts from 1.27200 back downMy bias for GU is downward, expecting a minor retracement before a continuation of the downtrend. Currently, I'm monitoring for price to rise and reach the newly identified supply levels, particularly focusing on the 20-hour supply zone for its high quality. Observing the reaction at the first 4-hour supply, I anticipate a possible minor reaction, though I foresee it ultimately failing due to the presence of an Asian high above. Once price reaches the 20-hour supply area, I'll be watching for signs of a Wyckoff distribution pattern to form, signaling a potential opportunity to sell back down. Confluences for GU Sells are as follows: - Price broke structure the downside and left a clean 20hr supply zone. - Imbalances that needs to b filled before tapping into the supply. - Lots of liquidity below in the form of asian lows. - Price is overall bearish on the higher time frame. - I can see the dollar to rising more to the upside. P.S. While I anticipate further price drops, it's improbable without addressing the imbalances and supply levels above before further downward movement occurs. Have a great trading week!
Short
by Hassan_fx
1
Gbpusd Will Make Huge Move In BuyGold price (XAU/USD) retreats after hitting a fresh record high earlier this Thursday and trades just above the $2,200 round-figure mark during the first half of the European session, still up for the second straight day. The prevalent risk-on environment – as depicted by a generally positive tone around the equity markets – prompts some profit-taking around the safe-haven precious metal. Apart from this, a modest uptick in the US Treasury bond yields turns out to be another factor undermining the commodity amid slightly overbought conditions on short-term charts.
Short
by Forex_Master-
GBPUSD I Daily bias is now short as the bullish trend was brokenWelcome 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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
2
GBP USD shortGBP/USD remains under selling pressure above the mid-1.2700s, UK Retail Sales data eyed Given the fundamental outlook, the GBP/USD extended its losses and formed a large ‘bearish engulfing’ candle pattern, increasing the odds for further downside. The Relative Strength Index (RSI) dives further into bearish territory, while the 200-day moving average at 1.2592 is up for grabs. If sellers clear the psychological 1.2600 mark, followed by the 200-DMA, that could pave the way to test 1.2500. On the other hand, if buyers reclaim 1.2700, look for some consolidation. The GBP/USD pair faces rejection near the 1.2700 mark and holds above the mid-1.2700s during the early Asian session on Friday. The downtick of the major pair is backed by the stronger US Dollar and the dovish tilt of the Bank of England. GBPUSD CONFIRM CHART
Short
by JohnHarry_7