GBPUSD Technical Analysis of 12th SeptemberGBPUSD Technical Analysis, Timeframe: H4. Here is the next possible moves .
Gbpusdsignal
GBPUSD - Short active ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price filled the imbalance and mitigated bearish order block.
Fundamental analysis: This week on Wednesday will be released monthly GDP on GBP, as well monthly and yearly CPI on USD. Pay attention to the result in order to validate the analysis.
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GBPUSD 1HGBPUSD 1H it's only my view.
IOF is Bearish, but expecting bullish scenario in 1h time fame.
1h previous two lows been raided
Let's see how it rolls
GBPUSD⚠️ALERT :Reaction from BUY Zone✔️GBPUSD is expected to rise
✔️Recommended to consider buying from the balance and premium level 1.2460 & 1.2435 Zone
⚠️Buy the dips!!!
GBPUSD : Long Trade , 1hHello traders, we want to check the GBPUSD chart. The price has broken the descending channel and pulled back to the specified key level. If this level can maintain the price, we expect the price to grow up to the next key level, around the price of 1.25800. Good luck.
GBPUSD Prediction H4Here is my analysis for GBPUSD on H4 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPUSD Local Bullish Bias!GBP-USD was making a
Bearish correction after
The breakout of the falling
Resistance which is a
Support now and we are
Already seeing a bullish
Rebound from the level so
I think that we will see
A further move up !
GBPUSD BUYHello, according to my analysis of GBPUSD pair. There is a good opportunity to buy, as the pair broke out of the descending channel and broke the double button pattern. Breaking the resistance at 1.25000. All these factors confirm buyers' control over the market. Good luck everyone
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.
GBPUSD: 500 PIPS SETUP❤️Dear Traders, USD has been strong lately and market has been messy due to recent economic data, however, after todays strong GBP news we think in coming weeks GBP will be extremely bullish whereas we expect DXY to remain bearish for longer term. Let’s wait and see how it works out.
Our main aim here is to wait for price to come to our area which has higher possibility that it may drop hard later this week. If not price may break -through trend-line.
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.
GBPUSD Prediction H1Here is my analysis for GBPUSD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPUSD Technical Analysis and Trade IdeaThe GBPUSD currency pair is currently experiencing downward pressure and has reached a significant support level. In the accompanying video, we will explore a couple of trading ideas that relate to a potential selling opportunity. Our discussion will encompass various elements of technical analysis, including analyzing the prevailing trend, assessing price action, evaluating market structure, and addressing other critical aspects. I want to emphasize that the video content is provided for educational purposes only and should not be considered as financial advice. Trading in the currency markets carries inherent risks, so it is imperative to implement robust risk management measures to safeguard your capital.
GBPUSD 06/09 MovePair : GBPUSD ( British Pound / U.S Dollar )
Description :
Completed " ABC " Correction in Corrective Pattern " Symmetrical Triangle ". We have Bearish Channel in Long Time Frame , If it Reject from Fibonacci Level - 78.60% or We have a Break of Structure then we can Buy after Bullish Confirmation Price Action
GBP/USD Navigates a Sea of Uncertainty Amid BoE Rate HikeThe GBP/USD currency pair is trading near a multi-month low, constrained by BoE rate hike prospects and a strong U.S. Dollar. Key technical resistance and support levels are identified at 1.2630 and 1.2530 respectively. The market awaits cues from BoE's Policy Hearings and U.S. ISM PMI, as looming recession risks temper bullish sentiments.
TRADE IDEA DETAILS
CURRENCY PAIR: GBP/USD
CURRENT TREND: Bearish
TRADE SIGNAL: Sell
👉ENTRY PRICE: 1.2570
✅TAKE PROFIT: 1.2530
❌STOP LOSS: 1.2600
ANALYSIS:
Current fundamentals and technicals both indicate bearish tendencies for the GBP/USD. The pair is hovering around 1.2570, near a multi-month low, with significant resistance at 1.2630. With strong USD due to Federal Reserve's policies and upcoming BoE rate hikes, the pair is likely to face downward pressure.
TRADE PLAN:
Enter the sell trade at approximately 1.2570.
Set the Take Profit at the immediate support level of 1.2530.
Set the Stop Loss at 1.2600 to protect against any unexpected bullish reversals.
Monitor during the BoE's Monetary Policy Report Hearings and U.S. ISM PMI for any shifts that could invalidate the current bearish outlook.
FINAL THOUGHTS:
The current market sentiment, fundamentals, and technicals all support a bearish outlook for GBP/USD. This trade idea aims to capture the likely downward movement in the short term. However, it's essential to keep an eye on upcoming economic indicators to mitigate risks.
GBPUSD Testing Major SupportGBPUSD testing major support with double bottom, hope we can see a bounce from here.
GBPUSDGBPUSD, have been bearish for longer period now, and it is expected to remain that unless the GBP data comes out to be positive. What we have here is an excellent opportunity to buy for shorter term.
GBPUSD Prediction H1Here is my analysis for GBPUSD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DeGRAM | GBPUSD kill zone for short the marketGBPUSD moved out of the descending channel and dropped.
Price bounced off the psychological level at 1.26000, and currently it's pulling back to the broken level.
The market created the kill zone, for short, where there is resistance and 50% fibo retracement.
We expect a move down since the trend is bearish.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
GBP/USD Sees Volatility Amid Mixed US and UK Economic IndicatorsThe GBP/USD pair is experiencing volatility amid conflicting economic indicators. While US Nonfarm Payrolls exceeded forecasts, the UK's Manufacturing PMI showed contraction. The market anticipates the Federal Reserve to pause rate hikes, contrasting with the Bank of England's tightening signals. Downside risk exists with strong support at 1.2545, as per UOB analysts.
TRADE IDEA DETAILS
CURRENCY PAIR: GBP/USD
CURRENT TREND: Mixed/Bearish
TRADE SIGNAL: Sell
👉 ENTRY PRICE: 1.2615
✅ TAKE PROFIT: 1.2545
❌ STOP LOSS: 1.2640
ANALYSIS:
The currency pair is experiencing a mixed sentiment but leaning towards bearish due to weaker UK economic data. Given the strong support level at 1.2545 (as identified by UOB analysts), entering a sell position seems advisable. The USD also shows strength from recent Nonfarm Payroll data, providing more justification for a bearish view on the pair.
TRADE PLAN:
Monitor the pair for an opportune moment to enter a sell position around 1.2615.
Set a tight stop loss at 1.2640 to minimize potential losses.
Aim for a take profit at the strong support level of 1.2545.
Keep an eye on the US ISM Services PMI for August and any unexpected BoE announcements, which could impact the trade.
FINAL THOUGHTS:
Given the mixed yet generally bearish indicators, a sell signal seems justified for the GBP/USD pair in the short term. As always, it's crucial to exercise caution and utilize risk management tools like stop losses to protect your capital. Keep an eye on upcoming economic data releases for any significant market shifts.
