GBPUSD testing support GBPUSD testing support at 1.30282
But if bearish breakout the 1.30282 the bearish trend continues
GBPUSD.P trade ideas
Weekly Pivot (14-19)
The weekly pivot includes key support and resistance levels calculated based on last week's price data. Crossing above the mid-pivots can increase the likelihood of the current trend strengthening.
Price movement above the pivots: Indicates a strengthening bullish trend and the potential for continuation.
Price movement below the pivots: May indicate selling pressure and a weakening bullish trend.
GBP Ready to React to UK Inflation Dip? UK inflation is forecast to dip below the key 2.0% threshold this week, according to economists monitoring the country’s inflation.
For the exact date and time of these major economic events, import the BlackBull Markets Economic Calendar to receive alerts directly in your email inbox.
Morgan Stanley analysts anticipate a larger-than-expected decline, driven by falling airfares and hotel prices—key components of services inflation. This metric is under close scrutiny by the Bank of England ahead of its next rate decision on November 7.
GBP/USD is approaching a potential critical support level at the September low of 1.3000, a price point that could test the series of lower highs established since April. This area also served as resistance back in July.
On the upside, the next resistance is eyed at 1.3250—a level where we saw the pair drop off a cliff at the beginning of October and faced resistance in august.
GBPUSD Ready for a breakthroughHello 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
GBPUSD DAILY CHARTBuy opportunity. bullish cypher formed. desending channel in the 1hr and 4hrs chart.
gbpusd also has a downward path.gbpusd also has a downward path.
To recognize the correct direction of the price chart, we can look at it from above.
GBP/USD
Technical 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
British Pound / U.S. Dollar | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | 15 Minutes Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Neutral
GBPUSD_2Hhello
English pound analysis Analysis based on Elliott waves in the medium term time frame Completing 5 downtrends and the market needs an upward correction We are a market buyer at 1.30500 At least 1.29800 Target and margin 1.32500 and 1.32700
GBPUSD / BETWEEN DEMAND ZONE AND FVG / 4HGBPUSD / 4H TIME FRAME
HELLO TRADERS
Prices are moving towards a demand zone located between 1.306 and 1.300. In technical analysis, a demand zone represents an area where buyers are likely to step in, potentially pushing prices higher.
After hitting the demand zone, the expectation is that prices will rise towards the FVG area between 1.313 and 1.324 , The FVG (Fair Value Gap) area is often a price gap left on the chart that may get filled in the future, typically considered a point of interest where the price might reverse or stall.
Once the price hits the FVG area, the text anticipates that it will fall back to the demand zone (1.306–1.300) and potentially drop below this zone to the target demand zone between 1.286 and 1.281. This suggests the overall sentiment is bearish in the longer term after a short-term rise.
• Initial Demand Zone: 1.306–1.300 (current support).
• FVG Area: 1.313–1.324 (temporary resistance).
• Target Demand Zone: 1.286–1.281 (final expected support level).
GBPUSD wave structure analysis on 4 hour time frame using SMC4H swing is bullish => Current is pullback.
The current price is in the demand zone of the 4-hour time frame, we can look for buy opportunities in this zone
GBPUSD Live Week 42 Swing ZonesDear Traders,
Week 41 brought some respite to first week of live trading, however still down by -95pips.
As promised week 42 swing zones are in. However, live trading might be in and out due to work activities.
Annotation:
SZ - Swing Zone
SL - Stoploss
dtp - dynamic Take profit
pp - pinched pips
GBP/USD Buy From Major Support (204pips)GBP/USD traded around the 4H demand level last week without any major direction, we are likely to see buyers come into the market this week as the current support zone serves as a good level of demand.
Possible Sell Trade on GBPUSDThis is my analysis trade for GBPUSD.
Weekly is bullish but Daily and 4H are both bearish for HTF direction.
I will wait for the pullback going up for the price to go to my sell zone for the OB which are showing up from 4H all the way down to 15M timeframe. So for me, this is the best location to sell again for another possible round of bearish action for this market.
I added a trade alert so I will not look at this pair in the week until my alert gets triggered.
Once price goes to my sell zone and I get my alert, that's the time I will go down and find my possible trade entry on lower timeframe so I can have a tighter stop loss and possibly get a better risk reward ratio.
Possible target would be the last swing low on the 4H timeframe.
I will update my trade idea here once price goes to my buy zone for my possible entry on the lower timeframe.
GBPUSD 15 MIN BEARISH RSI DIVERSION gbpusd 15 min bearish diversion close prev. swing low close candle
GBPUSD on the verge of getting back upAs Monday will stay bearish, Tuesday 8AM marks a turning point.
After the CCC, and after reaching the same low level or even a lower low, the price is to return to an uptrend.
LEVERAGING ON LIQUIDITY POOL ZONEThe break above the line and a mitigation of the line and reaction at a keylevel followed by a reversal setup shows price willingness to continue to the upside... 😉
GBPUSD View!!The U.S. producer price index for final demand was unchanged in September, slightly below the forecast of economists polled by Reuters for a gain of 0.1%. It followed an unrevised 0.2% increase in August, indicating inflation continues to cool and giving the Fed leeway to continue cutting interest rates.
In the 12 months through September, the PPI increased 1.8% versus the 1.6% estimate.
GBPUSD - Is There Possibilities Of Short-Term Retracement?Although i will be sitting on my hands until Tuesday at least, there is a 50/50 draw on both weekly Sellside and buyside which leads me to believe big movements are to follow soon...
GBPUSD - Accumulation with in Wedge Signals Bullish ReversalGBPUSD seems to be going through phase of accumulation with in falling wedge pattern. Price is consistently touch ichimoku cloud singalling that a clean break above it might be around the corner. Time to go long.
GBP/USD Shorts from 1.31600 down to 1.30000This week, my analysis for GBP/USD (GU) focuses on the continuation of the bearish trend. I’m waiting for price to retrace back to the 2-hour supply zone, where trendline liquidity is resting just below. This retracement will set up for a potential move downward.
Once price reaches the 1.30000 level, I may consider a counter-trend buy at that point. However, with structure continuing to break to the downside, my primary focus will remain on sell opportunities. The strength of the dollar is another factor, further reinforcing this bearish outlook for GU.
Confluences for GU Sells:
- Structure Break: Price has broken to the downside, leaving behind a new supply zone.
- Bearish Market Structure: Recent market movement has been bearish, supported by the rising dollar.
- Liquidity: Significant liquidity exists to the downside, awaiting to be taken.
- Strong Dollar: The bullish dollar aligns with and supports the idea of further GU declines.
P.S. If price continues downward, I’ll wait for it to tap into the next demand zone. If price rises and breaks the supply zone, a reaction from the 17-hour supply zone may offer new sell opportunities.
GBP/USD to the Downside next weekFeels like we gonna see GU slowly going down; Have a feeling there's a lot of buyer on at this current level and I comfortable going on the opposite.
GBPUSD Daily previewA brief look at Libra and potential daily SR zones and levels in motion. I personally tip that Libra strengthening in the trend channel.
