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Gbpusdtrade

GBPUSD I Potential bearish continuation Welcome 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
4
GBPUSD I Retest of previous structure broken I SHORT Welcome 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
4
GBPUSD: Emerging market currencies see limited gains aheadMost emerging market currencies are not expected to recover this year's losses against the dollar in the coming months, according to a recent poll of foreign exchange strategists. The poll, involving 50 FX strategists, suggests the possibility of aggressive interest rate cuts by the US Federal Reserve, weighing on the performance of these currencies. A basket of emerging market currencies, which ended last year at a high, has since lost momentum, falling 1.2% on higher US Treasury yields. This downturn was attributed to better-than-expected US economic data and hawkish statements from Federal Reserve policymakers, leading to reduced interest rate cut expectations. As a result, the dollar index has increased 3% in just a few weeks.
Short
by Chart_MasterPro
1
GBPUSD M30 / OB Taken, Looking for a Long Entry Confirmation 📈Hello Traders! This is my idea related to GBPUSD M30. I like the reaction from the OB, and I expect another bearish move before going bullish. I expect also that BOSS will be taken and after that, I will look for a long entry. 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. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
by GoodTradeST
GBPUSD - Wild Swing after Cut VoteI followed the BoE meeting this morning. I'm not surprised to see officials voting for cuts already, and I believe the 2 votes for "hike" are more symbolic than actual, as the only possible option was maintaining the current rate. Technically, all the movements happened post 10, or when Chicago PMI got released. GBPUSD is more pushed by the bullish indices(which I am referring to Nasdaq, SPX, not FTSE100), and not really from a fundamental perspective. Again, I believe it is a good opportunity to short. The dollar index looking good, and GBPUSD is at a position where a breakout is likely to take place, which I believe, is a downward breakout. Keigu,
Short
by Kujo_Qtaro
3
GBPUSD → Day Analysis | Sell SetupHello Traders, here is the full analysis. If it continue the bullish momentum then we can see GBPUSD drop even below in short time. 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
GBPUSD Outlook 05 Feb 2024 Asia Session PEPPERSTONE:GBPUSD GU price is massive down due to DXY Bullish new last Friday. Now GU is consolidation 1.26112 to 1.26450 Level. That is very good sign to again gain momentum in next week. Based on my Analysis BS: 1.26451 Level After Retest SL: 1.26113 TP: 1.26728 TP2:1.27019 Disclaimer: Please be aware that this information is not provided as financial advice. It is crucial to conduct your research and due diligence before making any trading decisions. Financial markets can be highly volatile and involve risks, and the information provided here is for informational purposes only.
by ChartsInsights
Tricky Moves for GBPUSDPure technical analysis. After making a bullish move from November 23, 2023, GBPUSD has completed Elliott Waves (first 12345), and then made a sideways movement since mid-December 2023. In this sideways movement, GBPUSD made micro-Elliott Waves and has completed them. The extension of this wave is predicted to complete leg 3 of the second 12345 waves in the range and reverse downwards. On this large time frame (D1/H4), this is a retracement to the bullish wave in the previous large time frame. In the small time frame (H1), this is an opportunity to sell GBPUSD into the 0.618 Fibonacci zone of the large time frame, which is the flip zone area as well as the area that still leaves an imbalance wide enough to be filled. Another reason to sell is the divergence on the oscillator which indicates buyers are starting to get exhausted. To enter, wait until the price reaches the middle or top of the range, where there is a lot of equal high liquidity (range 1.27100 - 1.28250). Pay attention to price movements in smaller time frames (M5 - M15) to get an entry sell position. We prefer to enter at the 1.27040 level or higher and aims for 2R to the support zone at 1.23710 that acted as 0.618 fib level of the higher time frame, as well as the former bullish flip zone. Stop loss is at 1.28700 to avoid stop loss hunting/purge. Cancel the setup if the price exceeds 1.28166 with high volume. Note: if the price reaches take profit and shows reversal symptoms, take a buy position. Analysis will be provided later.
Short
by adittiaduilocca84
2
Gbpusd sell now today confirm analysis don't miss this chartGBP/USD holds above 1.2700, where the 50-, 100- and 200-period Simple Moving Averages (SMA) on the 4-hour chart are located. In case this level stays intact as support, 1.2760 (static level) could be seen as next resistance before 1.2780 (static level) and 1.2820 (end-point of the latest uptrend). If 1.2700 fails, technical sellers could take action and open the door for an extended decline toward 1.2650 (50-day SMA, Fibonacci 23.6% retracement of the latest uptrend) and 1.2600 (psychological level, static level). GBPUSD SELL NOW 1.27286 CONFIRM TARGET. 1.26511
Short
by FxJoseph_7
GBPUSD: Asian forex bears strengthen as US interest rate cut hop In recent developments, bearish bets on several emerging Asian currencies have increased as traders readjust their expectations for an early interest rate cut by the US Federal Reserve. This change has prompted investors to seek refuge in the US dollar. A reassessment of the US Federal Reserve's (Fed) monetary policy trajectory has led to a stronger USD, derailing most Asian currencies since the start of the year. The odds of the Fed lowering interest rates in March have dropped significantly to 41.5%, down sharply from more than 75% just a month earlier, according to NASDAQ:CME's FedWatch Tool. This change in sentiment comes ahead of the expected initial estimate for fourth-quarter U.S. GDP, which is expected to show a 2% annual growth rate.
Short
by Chart_MasterPro
2
GBPUSD | H1 | Trade IdeaLooking into GBPUSD from an overall structural perspective we can see that we’re currently trading within a consolidation forming on our higher timeframes so currently our trading is focused more around the key areas within the consolidation while we wait for the market to choose an overall direction on a larger scale. Now taking from the above statement we can see that as we further breakdown GBPUSD going into smaller timeframes we can see that the market has broken out of our rising wedge formed on our H1/H4 timeframes and also through our minor 1D uptrend, now given that breakout we can further take note of the potential QML forming on our H1 which would further add as confirming our potential sell order. I’ll be looking to sell GBPUSD from 1.27273 upon the retest of our diagonal Support from the breakout of our lower timeframe rising wedge which will also be the completion of our “Right Shoulder” on our potential QML formation. Stops will be placed at 1.27677 (-40 pips) and my final Take Profit level being 1.25361(+191 pips) giving us a potential 1 : 4.7 risk reward ratio. We should also take note of the potential Fundamental announcements that will be released throughout the course of this week which will have an impact on the overall USD value and also those that’ll be impacting the overall GBP value as there are some important announcements that’ll be made I.e interest rates. NB: This analysis is comprised solely of my own personal opinions and my own person outlook/overview of the market and should not be taken as direct advice to either enter a buy/sell position within the outlined market, please confirm with your own analysis prior to taking any trading decisions based on the outlined analysis.
Short
by mosa_moshka
GBPUSD: Sterling speculators are more focused on inflation than Traders in the pound market are betting on continued inflation due to a slowdown in retail sales as the Bank of England nears its next interest rate decision. The pound has recently strengthened against the euro for four consecutive weeks, and has strengthened against all G10 currencies this year except for the stronger US dollar. Investors have increased their bullish bets on the pound for the third consecutive week. This is reflected in an increase in net long positions in the pound, suggesting that the pound is likely to appreciate against the dollar. Net long positions increased by nearly $800 million, or 48%, to $2.24 billion, the biggest selloff in four months. This is in contrast to about $2.166 billion in short positions held by speculators just two months ago. The latest economic data paints a mixed picture. Wage growth slowed, inflation rose to a surprising 4.0% in December from 3.9% the previous month, and retail sales fell sharply. These factors are contributing to expectations that the BoE may be slower to cut interest rates than the Fed or the European Central Bank (ECB). Market expectations suggest there is a roughly 50% chance that the Bank of England will cut interest rates by 25 basis points in May, with a full rate cut expected in August. By contrast, traders expect the ECB to start cutting rates as early as April, and there is almost a 50% chance that the U.S. will cut rates in March. Lee Hardman, senior currency analyst at MUFG, said the BoE needed evidence that inflation risks were easing to give it confidence to start cutting interest rates to support UK growth. Weak retail sales have slightly reduced the attractiveness of the pound, but it remains the second-best performing G10 currency at the start of the year. Compared to other currencies, the pound has appreciated 4.7% against the Japanese yen and 3% against the Australian dollar so far this year. It also rose 2.8% against the Swiss franc, and Nomura analysts expect it to rise another 3%.
Short
by Chart_MasterPro