GBPUSD.P trade ideas
DeGRAM | GBPUSD growth in the channelGBPUSD is moving in an ascending channel between the trend lines.
The price touched the lower boundary of the channel and returned to the trend line.
The chart reacted with growth on reaching the range between 50% and 62% retracement levels.
We expect a rebound from the support.
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Gu Buy after sell side liquidity Gu was bearish last week and is currently showing signs of recovery, on the 30min we see a sell side liquidity at a minor supply zone which signals buying opportunity.
GBPUSD - Bullish for 2 weeks, Expect Downward trend in NovThis analysis is on 4hr timeframe and we are expecting a bounce back at 1.3 level..
I can see head and shoulder pattern, it took 65 candles to make head top and 32 candles to form shoulder head, I am expecting 30 candles to make another shoulder..
We can expect 2 week bullish and after that we can expect a reversal.
GBPUSD - Bullish Bias
Retracement has been completed.
I can see the divergence with double bottom, confluence to the trend reversal.
wait for 2 candles to close above MA (13), Reversal will be confirmed as per my scenario 2 to ride the trend..
GBPUSD OverviewFor GBP/USD, I expect the price to continue dropping towards the 1.28655 level, aiming for the demand zone below.
DeGRAM | GBPUSD a pullback from the trend lineGBPUSD is moving in an ascending channel between the trend lines.
The chart has formed a reversal harmonic pattern.
Having reached the level of dynamic resistance, the price sharply went down, which has already happened on the chart for the second time.
The pair touched the dynamic support.
We expect the continuation of the pullback to the correction level.
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GBPUSD LONG TRADE - 21/10/2024- Bullish divergence on 4 Hour and 1 Hour Time Frame
- DOW Theory LH Broken and First HH formed entry based on 0.618 Fib level retracement with Bullish Candle Close (Partially Risky Trade)
- Riding Till Strong 2023 High Resistance Level
Must I Trade The Current Trend, If Yes, Then Am Bullish On GBPUSOANDA:GBPUSD
Emphatically, I analyze and trade the current flow, or what you can also call the current price action, looking at the 4H Timeframe you can notice a strong buy momentum, creating new structures and leaving gaps behind to be mitigated or filled, once that is achieved by a pullback, which will also take out the liquidity, GBPUSD will irresistibly continue the rally to make a new higher high.
Sit back and watch, or do your own research and join the flow. If I may ask, what would you have done currently, considering the latest steady movement, Buy or Sell?
GBPUSD is Bullish short-termGBP/USD Technical Analysis (1-Hour Timeframe) - Current Price: 1.3040
Trend Overview:
GBP/USD is in a short-term uptrend on the 1-hour chart, with the price trading above key moving averages, reflecting bullish momentum.
Key Levels:
Immediate support: 1.3000 (psychological level) and 1.2965 (recent swing low).
Immediate resistance: 1.3075 (recent high) and 1.3120 (next key resistance).
Price Action:
Price action shows higher highs and higher lows, indicating continuation of the upward trend.
A potential bull flag pattern is forming, signaling a possible breakout above 1.3075.
Potential Scenarios:
A break above 1.3075 could see the pair advance toward 1.3120 or even higher.
On the downside, if price falls below 1.3000, it may pull back further to 1.2965.
Conclusion:
The short-term bias is bullish while above 1.3000, with upside potential toward 1.3120 if 1.3075 resistance is breached.
Buy GBPUSDBuying GBPUSD now at 1.303 targeting 1.33. Price seems to be forming a head and shoulders pattern hence we are buying on the creation of the right shoulder.
Gbpusd new demand zoneHello everyone, I've identified a fresh demand zone in the GBP/USD pair, and the location looks quite promising. You can approach this trade in two ways: either set a buy limit at the weekly demand zone or use price action to enter on lower timeframes. Personally, I use both strategies.
As always, it's essential to apply proper money management and never trade without setting an appropriate stop-loss. Remember, trading is a game of probabilities, so your success should be evaluated over a series of trades, not just one.
Thanks!
Bullish long term on Sterling on HT the sterling still holds a high Bullish momentum regardless of the current price bull back . my charts clearly indicates the key levels and we shall have daily charts review as the markets move along withe news impacts
please these are my own markets review and if u have any questions feel free to have your thoughts in the comment section.
Long GBPUSDGbpusd making a bullish divergence at 1h TF, also break their last lower high, I put my entry at 0.5 retracement a t put my sl to below last low.. if we put our entries at these levels we can make a good profit.
GBPUSD H8 - Long Signal 1.30 HANDLE GBPUSD H8
We broke slightly south of our 1.30 handle and psychological price late last week, that being said, it was fairly minor, merely just 30 points. We have now adjusted our entry price and SL positioning in the case this setup wants to attempt to break higher. We have an attractive area of support and demand, mixed with the previously mentioned confluences.
Not a great deal of data out today, so maybe it’s worth monitoring these trading zones and prices and waiting until the volume really starts to drive in. DXY approaching that 104.000 number, this is where we would expect rejections and therefore GBPUSD to climb higher, but in the interim, this may lead GPBUSD to trade south of 1.30 again in the short term. Let’s see what unfolds, but this is certainly on the watchlist this week.
GBPUSD**GBPUSD:**
This week's forecast is for the price to bounce off the bottom of the channel and then rise again.
GBP/USDTechnical Analysis: GBP/USD
Before using this signal and analysis, be sure to check your analysis chart.
Attention!!!
In these analyses, only technical analysis is considered
So be sure to check the basic news before entering.
Attention!!!
If the trading symbol of the bank is closed, do not trade that symbol!!
Attention!!!
100% does not exist in financial markets
So don't enter this signal hoping for a definite profit
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CFDs are complex instruments and come with a high risk of losing your money.
GU short Forecast for the week for GU is Short.
Lets see Until Tuesday . Its still early of the week.
