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Gbpusdtrade

GBPUSD - Bearish market structure ✅Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we have similar situation as on GBPNZD, we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement in order to fulfill the imbalance higher and then to reject from bearish order block. Fundamental analysis: On Friday we have important news on USD, will be released NFP and Unemployment Rate. If the results are negative, it will support our analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
GBPUSD 4H :TRY TO RISE UPGBPUSD New Forecast The pound sterling pair against the dollar continued to rise to reach the resistance of the descending channel that appears on the chart, and the day begins with additional positivity for the price to provide signs of an attempt to exceed this level, but we note that the technical indicators provide negative signals that may pressure the price to bounce down and return to the decline again. Therefore, we prefer to remain neutral until we get a clearer signal for the next trend, noting that breaching 1.2173 will take the price out of the descending channel to begin an upward correction targeting the 1.2261 areas as a first main stop, while breaking 1.2108 will push the price to resume the main bearish trend and head towards... To visit the 1.2030 level initially. The expect range trading for today it will be between the resistance line 1.2173 and support line 1.2108. Additionally ,Today News will affect the market . support line : 1.2108 , 1.2064 resistance line : 1.2173 , 1.2261 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Long
by Arazmajeed
GBPUSD LONG TERM BUY IDEAHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
Long
by ForexPlanet20
GBPUSD Technical Analysis and Trade IdeaThe GBPUSD currency pair has faced significant downward pressure in recent times. Currently, it has descended to a crucial support level and appears to be in an overextended state. In our video, we delve into a prospective trading opportunity, grounded in a comprehensive assessment encompassing market structure, price action, the prevailing trend, and other pivotal aspects of technical analysis. It's important to reiterate that the content presented in the video is intended strictly for educational purposes. It should not be interpreted as financial advice or guidance. Our objective is to provide a detailed breakdown of the market dynamics, equipping viewers with valuable insights to make well-informed trading decisions.
Short
by tradingwithanthony
GBPUSD | More Than a 1:1 Reward To Risk TradeThis is bearish potential on GBPUSD 12 hour timeframe is bearish. A new high was made on today. Price can go lower overnight. If it does we can adjust the take profit. Stop loss and entry will stay the same. Stop loss and entry are noted as Entry: 1.21813 Stop loss: 1.22719 TP: Open but preferably the lower low after price pulls back and beyond. You can move stop loss higher if you prefer more room for the trade to breathe. Belief: For God did not give me a spirit of fear, but of power, love, and a sound mind. Rather this trade wins or losses, I pray God for the opportunity. Hey! Like the analysis. Much Love. ❤️
Short
by ShaquanLopez
1
GBPUSD END-WEEK ANALYSIS-UPDATE 24/09/2023GBP/USD: Navigating Forex's Ebb and Flow - A Close Eye on DXY GBP/USD has been a rollercoaster lately, with our earlier anticipation of a recovery proving accurate. Yet, in the ever-changing forex landscape, we must prepare for the next chapter. Now, I'm keeping a watchful eye on a potential downturn for GBP/USD, in response to a stronger US dollar. A crucial note: this scenario hinges on the DXY maintaining its price above 105.864. Join me in this forex adventure as we navigate market fluctuations. Stay tuned for the upcoming developments! 📉📈 #GBPUSDAnalysis #MarketDynamics #TradingView
Short
by Dion-FX
GBPUSD Technical Analaysis and Trade IdeaThe GBPUSD has exhibited a notable shift in behavior compared to the downtrend last week. We observed some upward momentum from Friday into Today. The critical question at hand is whether this signals the onset of a bullish or bearish week ahead. Most recently, the cable has leaned towards a bearish bias; however, there may be room for an early-week retracement, potentially resulting in a green weekly candle. Conversely, there is a plausible argument for a bearish week ahead. In our video analysis, we will meticulously evaluate the pros and cons, carefully weighing all factors to formulate a potential trade entry strategy, possibly during the New York Open today or even the London open tomorrow. It's important to emphasize that the content of this video is provided for informational purposes only and should not be interpreted as financial advice.
by tradingwithanthony
2
Is there any hope for buyers in GBP/USD? (Key levels, entry, TP)Hello everyone, GBP/USD is on a continuous downtrend after hitting the highs on July 14. Since then, we have witnessed more than 70 days of downtrend. 📌Currently price is in the vicinity of 1.2120 Level. More than 75% of the retail traders are long on GBP/USD, which indicates that it could take a while before price reverses. 📌 The next key level lies in 1.18 . However, as per my analysis and intuition, price would pullback soon. 📌So, my recommendation is to wait for a reversal pattern to form in the hourly and 4Hour chart. Ideally, I would be looking for a reversal pattern followed by strong bullish impulse before going long. I expect price to reach 1.25 level within a couple of weeks.
by MarcellusLUX
9