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Gbpusdtrade

GBPUSD Weekly Analysis and OutlookGBPUSD Weekly Analysis and Outlook This week, the GBPUSD pair has shown a marked downward trajectory, closing in a bearish continuation phase. This downward momentum reflects a negative sentiment among traders, suggesting further potential for decline. Current Market Overview: The pair has been steadily descending, supported by unfavorable market conditions and bearish sentiment. As it approaches a key resistance zone, traders should closely monitor the price action. A successful rejection at this resistance would likely confirm the continuation of the bearish trend. Expectations and Potential Scenarios: Upon hitting the resistance zone, we anticipate that the GBPUSD will continue its downward momentum. This rejection could open the door to lower levels, offering traders potential opportunities to capitalize on the bearish trend. Primary Expectation: If the resistance holds and the price is rejected, it is likely to sustain its downward movement, potentially targeting lower support levels. This scenario would reinforce the bearish outlook, making it a favorable environment for short positions. Alternative Scenario: However, if the price encounters strong buying pressure and breaks above the resistance, a temporary pullback could occur. Traders should be prepared for this scenario, as it might provide opportunities to reassess entry points at higher levels before the bearish trend resumes. Conclusion: In summary, the GBPUSD pair is poised for further downward movement following its recent bearish phase. Traders should watch for a decisive rejection at the resistance zone, which could serve as a catalyst for continued declines. Maintaining awareness of both bearish and corrective scenarios will be crucial for effective trading strategies. Stay updated with market developments and adjust your positions accordingly. By Piptera Digital Solutions, Invest Wisely!
Short
by Piptera-Digital-Solutions
GBPUSD I Potentially headed towards support 1.2620Welcome 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!Welcome back! Let me know your thoughts in the comments!
Long
by BKTradingAcademy
2
GBPUSD - Long active !!Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I expect bullish price action as we have on D1 hidden divergence and on H1 regular divergence. Fundamental news: Today (GMT+3) we have NFP day in USA, also Unemployment Rate results, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
2
GBPUSD ( BREAKING EACH TURNING LEVEL DETERMINE DIRECTION ) (4H)GBPUSD HELLO TRADERS Tendency , the price inside two turning level around 1.273 & 1.278 . TURNING LEVEL (1) : the price of this level at 1.278 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 1.273 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 1.283 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 1.292 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) SUPPORT LEVEL (1) : this level around 1.266 , for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 1.261 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 1.274 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 1.283 , 1.292 . SUPPORT LEVEL : 1.266 , 1.261 .
by ArinaKarayi
GBPUSD Sell | Trade Setup AnalysisGBPUSD is moving in an ascending channel between the trend lines. The price has reached the resistance level, which has already acted as a reversal point. We expect a decline. Hello 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. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Short
by TheGrove
1
GbpUsd- Back above 1.3?In my previous GBP/USD analysis, I highlighted the important 1.2850 support zone. Yesterday, the pair fell below this support; however, sellers couldn't push the price down significantly, and a strong floor was found at 1.28. The recent drop from above 1.3 appears corrective in nature, overlapping and resembling a falling wedge with a false break below support. Considering yesterday's price action, I anticipate a reversal. Confirmation of this reversal comes if GBP/USD moves above 1.2870. In that case, we can consider 1.28 a low and expect the price to continue rising back above 1.3.
Long
by Mihai_Iacob
6
GBP USD GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your trades with the GBP/USD forecast and key pivot points data and support and resistance levels. Confirm signal
Short
by JohnHarry_7
GBPUSD - Look for Continuation Long (SWING) 1:3.5!GBPUSD is closely related to XAUUSD and the DXY basket of six pairs, providing excellent confluence and confirmation opportunities for trading pairs against USD. Currently, GBPUSD has created a new high and is correcting to the nearest RBS Zone, a demand zone, indicating a potential continuation of the bullish momentum in the higher timeframe. The price doesn't seem likely to yield to sellers soon, especially considering the FED's recent decision to freeze interest rates. This suggests a forecast of continued upward movement supported by strong bearish signals and a few high-impact USD news events this week. We'll need to observe how the market reacts to these sentiments and news impacts. Regardless, it's crucial to manage your risk wisely and wait for a clear market structure before making any moves. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Long
by S-Fx_
GBPUSD I Price in correction and headed for support buy zoneWelcome 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!Welcome back! Let me know your thoughts in the comments!
Long
by BKTradingAcademy
9
GBPUSD:300+ Pips A Great Buying Opportunity!Dear Traders, GBPUSD has recently completed its corrective phase and is currently poised to establish a new yearly high. The overall bullish trend remains intact, and we anticipate further price appreciation in the coming days. However, it is important to note that several significant news events are scheduled for this week and next, which could introduce volatility into the market. Therefore, we recommend employing prudent risk management strategies when trading this pair. Good luck and trade safe!
Long
by Setupsfx_
7
GBP/USD !! Touching the EMA, the price decreases⭐️ Smart investment, Strong finance ⭐️ GBP/ USD INFORMATION: The Pound Sterling (GBP) fails to extend a slight recovery above the immediate resistance of 1.2930 against the US Dollar (USD) in Monday’s European session. The near-term outlook of the GBP/USD pair has become uncertain after a corrective move from an annual high of 1.3044 recorded last Wednesday. The Cable faced selling pressure as improved speculation for Donald Trump winning United States (US) presidential elections this year prompted the US Dollar’s appeal. ⭐️ Personal comments NOVA: Notice that the H1 frame touching the EMA is still in a downtrend - SELL NOW price range 1.29300 🔥SELL GBP/USD zone: 1.29300 - 1.29500 SL 1.29800 TP1: 1.29000 TP2: 1.28600 TP3: 1.28300 ⭐️ 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
Short
by Nova-Scalper
7
7 Dimension Buy Setup For GBPUSD Core Analysis Method: Smart Money Concepts 😇7 Dimension Analysis Time Frame: 15 minutes 1: Swing Structure: Current structure shows a Bearish Side CHOCH, but in a broader view, this is just a liquidity sweep character. After tapping the liquidity area, the price gives a strong MSS and inducement. After that, the price also takes this minor structure POI and now starts an upward move again. At the same area, the price also sweeps the previous day's low liquidity. 🟢 Structure Behavior: Bullish 🟢 Swing Impulsive Move: Just started 🟢 Internal Structure: Bullish 🟢 Liquidity area sweep acts as POI in a powerful discounted zone 2: Pattern 🟢 CHART PATTERNS: No considerable pattern found here 🟢 CANDLE PATTERNS: After a Record Session count, the price makes a correction within the candle pattern. During correction at the same level, the price also makes a shooting star, ending the correction sign of the candle. Within the shooting star, an inside bar or narrow range is created, most probably it will break to the upside. 3: Volume 🟢 During the correction phase of the 15-minute structure, very low volume is observed in this corrective move. But now, when it touches the POI, a significant increase in volume bars is seen, indicating some big activity at this point. 4: Momentum RSI 🟢 In bearish to sideways zone, need to wait for confirmation of the range shift. At the same level, it also has an 80% confirm signal called RSI loud moves in the bullish side and 7* signal Grandfather father son entries (Andrew Cardwell RSI Concepts). 5: Volatility Bollinger Bands 🟢 At this point, expansion might be ending; now the price might take some rest before starting its move. 🟢 A bullish head fake also at the POI makes this area more attractive for buying. 6: Strength: GBP is stronger than USD in this time frame. 7: Sentiment: All sentiment indicates a strong buy. ✔️ Entry Time Frame: 15 minutes ✅ Entry TF Structure: Bullish ✔ Entry Time POI: FVG OB LIQ Everything confirm and mitigated ☑️ Trend line breakout: Confirm 💡 Decision: BUY 🚀 Entry: 1st 1.2962, 2nd 1.2941 ✋ Stop loss: 1st 1.2923 🎯 Take profit: 1.3060 😊 Risk to reward Ratio: 6.5 RR 🕛 Expected Duration:
Long
by Optimum369
GBPUSD ( BULLISH ) ( 4H )GBPUSD HELLO TRADERS TENDENCY : the price stabilizing above turning level , indicates is under bullish pressure . TURNING LEVEL : the price around 1.294 . PRICE MOVEMENT : the price in previously it can be a strong rising and created a new historical peaks , currently price 1.296 , as long as the price stabilizing above turning level reach a resistance level my goal 1.298 , 1.303 PRICE ACTION : LONG CONDITION : until the price trading above this level reach a resistance level at 1.298 , then stable this level created a new resistance level at 1.303 . SHORT CONDITION : if the price breaking turning level at 1.294 , reach a support level at 1.290 , then breaking this level reach a next support at 1.285 TARGET LEVEL : RESISTANCE LEVEL : 1.298 , 1.303 ( new resistance level ) . SUPPORT LEVEL : 1.290 , 1.285 .
Long
by ArinaKarayi