GBPUSD 4h ideaA bearish news candle found a strong demand zone. The price is likely to rebound and rise and we notice the ascending triangle pattern
Gbpusdsignal
GBPUSD: The dollar finds its footing as Fed officials downplay hThe dollar index and dollar index futures both traded flat during the Asian session on Tuesday, but marked strong recoveries from four-month lows over the past two sessions.
A series of Fed officials said that although the bank will cut interest rates in 2024, expectations of an imminent shift are unfounded.
Chicago Fed President Austan Goolsbee said the bank has not committed to cutting interest rates anytime soon and joined some other officials in pushing back expectations of a sudden drop in interest rates.
However, market valuations are suggesting a nearly 63% chance of a rate cut by March 2024.
Goldman Sachs (NYSE:GS) analysts also said Tuesday that the central bank will cut interest rates five times by 2024, with the majority of the cuts coming in the first half of the year.
💡 GBPUSD: Continuing strong growth momentumING stated that the focus in the UK would be on the November CPI data released on Wednesday. Service inflation is anticipated to be 6.6%, suggesting a limited progression in inflation. This development is expected to prompt the market to reduce some of its speculations about a potential UK interest rate cut. Although services inflation in the UK is projected to decelerate to approximately 4% next summer, providing leeway for the Bank of England to initiate interest rate cuts, there remains an opportunity for the Pound to benefit from certain policy repricing in the short term.
Observing the H4 chart, GBP/USD appears to retreat from the overbought territory, with the MACD double line and histogram bar diminishing upward near the zero axis. The ongoing decline from the peak of 1.2795 is likely to lead to a corrective downturn in the short term; however, it is anticipated that the price will find support in the 1.2600 region.
You can set BUY LIMIT, stop loss is necessary.
GBPUSD is still in a strong uptrendGBPUSD: The British pound also had a very good rally after yesterday's monetary policy announcement. GU broke through the previous resistance zone and created a positive uptrend. The number of buyers is overwhelming. The scenario for today's session is for GU to buy at 1.2700 and Citi to continue rising with hopes of buying at 1.2820.
GBPUSD BULLISH CONTINUATIONHello Traders, previous week the market broke market structure to the upside on the release of the Interest rate news followed by fed talk however the current market situations is bullish so i i see an opportunity to trade with the trend so that the Area for a reversal, it a 4H timeframe so make sure to get you're confirmation on the lower timeframe and Follow you're trading plan
GBPUSD waves on H4 TF Long idea Trading GBPUSD waves on H4 TF on Fib levels
completed the first wave and retraced to
more than 50% of Fib level which is the wave 2
by using Trend Fib levels it can move to 61.80%
of trend fib and complete the 3rd wave and
it can retrace to 38.20% for wave 4
and complete the 5th wave of 100% trend fib level
zone of 1.28593 to 1.29221
Buy zone 1.26469 to 1.26123
SL 1.24900
Tp1 1.27408
Tp2 1.28100
Tp3 1.28585 & 1.29221
GBP/USD may continue to fall, here's why!Hello traders, hope you had a good weekend. Well, if you remember, we sold
GBP/USD when it spiked up last week. So, sellers have definitely made over
100 pips profit on Friday.
At the moment, GBPUSD looks bearish, there are no immediate support levels to
arrest the fall. I would recommend you avoid buying GBP/USD at current
price levels.
I think GBP/USD will reach 1.26 next week. I plan to keep selling the
rallies in GBP/USD. If the price reaches the 1.2780 level again, I would sell it.
GBPUSD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional mid figure 1.25500.
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GBPUSD H4 / Looking for a LONG Entry 📈Hello Traders!
This is my perspective related to GBPUSD H4. I expect a movement until 1.25500, at that price we have OB and the liquidity level to be closed. I will look for a LONG entry in case of confirmation. ✅
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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Closed sells, some amount of support visible in GBP/USDHello traders! Hope you are having a good week. GBP/USD fell
more than 120 pips since Friday. I have managed to make decent profits
with my sell trades.
However, on the hourly chart, I am seeing some amount of support.
In the chart, you can see that price is bouncing a bit every
time it hits the 100-hour moving average.
So, if the 1.2660 region doesn't break, GBP/USD might reach the 1.28 level
again. However, I am not buying or selling at the moment, will wait for price
action to show me the direction.
GBPUSDDear Traders,
We are expecting a heavy sell off on GBPUSD as it is approaching a premium selling zone, price have previously have took out many key levels due to extreme bullishness. Once price touch the first amber line it will be activated. Enter accordingly if price do changes by the time it reaches our area then we will update you guys on this.
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GBPUSDDear Traders,
GBPUSD expecting USD domination for sometimes until the price falls within our range where it is likely to fill the liquidity void that it had left. That area is where big buys may occur taking the price to yearly HH. This trade is swing trade so wait for the price to do its things. Expecting this setup to be activated in the beginning of the new year 2024.
If you like our work than please consider liking and commenting the idea that will encourage us.
GBP/USD Sell idea based on 4H, Who is selling with me?Hello traders! I am here with the 4-hour chart analysis for GBPUSD.
In the 4Hour chart, we see that bulls have lost momentum.
Multiple bearish candles have formed in the chart.
If this price action continues, I expect GBP/USD to fall further towards
the 1.26 level. I have already sold@1.2785 and I also have a couple of sell
positions near 1.27. So, currently, I am holding those trades with my targets
at 1.2650 and 1.26 respectively.
EURUSD and 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.
DeGRAM | GBPUSD pullback and trend continuationGBPUSD is in a bullish trend and ascending channel.
The price is pulling back to the kill zone where there is support and 50% fibo level.
On the 1 hourly chart, we can see a price that broke and closed above the previous resistance.
We expect a trend continuing.
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GBPUSD - Long active ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: As I expected in my previous analysis price made a retracement and rejected from bullish order block + institutional big figure 1.25000, so I expect bullish price action this week.
Fundamental news: Tomorrow we will see monthly and yearly CPI results on USD, on Wednesday Interest Rate in USA followed by FOMC Conference and on Thursday Interest Rate on GBP. News with important impact on both currencies.
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Is anyone fading the spike in GBP/USD? Hello, Tradingview community and my Fellow traders! As expected J Powell from the Federal
Reserve was dovish during the Fed meeting yesterday. Quite naturally, the US Dollar was dumped across the board.
GBP/USD spiked close to 150 pips as a result of this. Technically, there is no strong resistance
until 1.2730 level . So, GBP/USD can continue to rise.
However, if GU struggles around the 1.2650 level and we see continuous bearish Price action,
there is an opportunity to fade the spike and target 1.25.
Note that I do not have any positions in GBPUSD at the moment. I will consider selling if there is continued bearish PA at the 1.2650 level
GBPUSD Bearish Continuacion Possible Continuation on a bearish Movement the Market been ranging, but no indication for a Bullish movement at the contrary we break an internal Structure on a 4H TF so the market may continue to the downside and this is a Short Setup for it, if you agree let me know
GBPUSD (D) is showing bearish signals again.GBPUSD (D) is showing bearish signals again.
Sell at current price: 1.252
Stop loss at: 1.2593
Take profit at the Fibonacci retracement(0.618): 1.2329
Capital management 2%
GBP/USD !! 13/12 Below the EMA supports the DOWN trend⭐️ Smart investment, Strong finance
⭐️ GBP/USD INFORMATION:
The GBP/USD is currently displaying a sideways movement while preparing for a barrage of data releases from both the United Kingdom and the United States. In the Asian session on Wednesday, it is hovering above 1.2550. The GBP/USD pair experienced significant volatility in the previous session due to employment data from the UK and inflation figures from the US.
According to the UK Office for National Statistics, the Claimant Count Change for November rose to 16.0K from the previous figure of 8.9K, but it fell short of the expected 20.3K. Additionally, the Employment Change for October decreased to 50K from the previous 54K.
⭐️ Personal comments NOVA:
The price moves below the EMA for a long time, showing that it is still in a downtrend. Along with today, there will be news that PPI is expected to benefit the dollar, negatively affecting the British Pound
⭐️ SET UP GBP/USD PRICE:
🔥SELL zone: 1.25500 - 1.25700 SL 1.26100
TP1: 1.25200
TP2: 1.24900
TP3: 1.24600
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
GBPUSD Looking BearishUpon examining the H4 chart, a significant development unfolds: the price is presently exceeding the crucial threshold of 1.2547, marking a breakthrough of the formerly recognized pullback resistance. This breakout implies a substantial alteration in market dynamics, indicating that the driving force behind the price movement is robust enough to surmount the resistance that previously induced a temporary pullback. Traders and analysts might view this progression as a potential bullish signal, as the market demonstrates strength in overcoming recent obstacles. Additional analysis, along with the consideration of other indicators, may be necessary to obtain a thorough comprehension of the current market trend.
GBPUSD Bullish Bias!GBP-USD is going down now
And the pair will soon
Retest a horizontal
Support level of 1.254
From where I will be
Expecting a local
Bullish rebound !
