gbpusd shorts as per my previous outlook
went as expected
gbpusd shorts majorly
lots of liquidity below
GBPUSD trade ideas
GBPUSD is in the Selling Direction after breaking SupportHello 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
Is GBPUSD going to pull back or not..?With the dollar still looking stronger in terms of the economy..
...the dollar inflation eased a little bit YoY and up just a fraction MoM (Dec).
All eyes are on the 29th for the Rates decision.
The Pound recorded a rough GDP pushing it lower against the $.
We are awaiting a minor pull back as from next week if we end up eliminating 1.218.
We still expect the $ to dominate the 1st Quater so we'll proceed with caution ⚠️.
GBPUSD Price Declined Can appears to growthHi 👋 Guys This is GBPUSD analysis Pls Feel Free Check Our idea 💡
🤙Based on the weekly analysis, it appears that GBP/USD has found local support, possibly forming a double bottom pattern. Given the current market conditions, the price could experience a pullback toward the resistance zone.
🔐 Key Points
👉Resistance Zone 1.2300 1.24050
👉Support levels 1.21500
👉If the Price Will Break at 1.22280 so price will chance to near the resistance Zone fast.
🤙Rate Share your idea💡 what's going on Thanks
GBPUSD: Top of the Bounce or Further Upside Potential?It’s already been quite a volatile week for GBPUSD price action, starting with a dip from opening levels at 1.2205 to register new 14-month lows at 1.2100 on Monday as the recent negative sentiment towards UK assets continued at the start of the week.
This 1.2100 print was reversed quickly, and weak short positions were squeezed back to the topside at 1.2306 on Wednesday as inflation data (CPI) in the UK printed below expectations, easing traders’ general gloom towards the UK, but more importantly calming UK bond markets and giving some hope to householders that the Bank of England could be swayed to cut interest rates sooner than initially anticipated.
This up move in GBPUSD was also helped on its way by US CPI also rising less than forecast, although the GBPUSD rally post this US inflation release was short lived, with prices falling back to 1.2200 again this morning after a weaker than expected UK GDP growth release.
Right now, it seems GBPUSD may be in a potential holding pattern at the lower end of its range while traders await the release of UK Retail Sales data tomorrow at 0700 GMT, and then more importantly, Donald Trump officially taking office as President of the United States on Monday.
His actions on trade tariffs next week could set the backdrop for whether GBPUSD prints new lows or squeezes further towards the topside.
What Are the GBPUSD Technicals Telling US?
The recent sterling deterioration has been widely reported in the media and there is little doubt it has seen an extended decline, over a relatively short period of time.
In GBPUSD, since the September 2024 high at 1.3433, into this week’s low at 1.2100, the cross has fallen just under 10%, with only a brief interruption and limited rally seen as a reaction to weakness, developing in late November 2024 and early December 2024.
Some might argue, and it may prove to be valid, that this has left prices at over-extended downside conditions, with a deeper recovery due. However, while much clearly depends on future price trends, the latest price declines may have seen some key potential support levels give way.
For example, the latest declines have seen closing breaks below 1.2249, which is equal to the 38.2% Fibonacci retracement of September 2022 to September 2024 strength. While previous breaks of similar supports have triggered continued downside moves, there is no guarantee it will do so again, but focus may well now shift to deeper possible support levels.
The October 2023 low stands at 1.2037 and could reflect an area where buyers may be found once more, although this support giving way might trigger a more extended phase of retracement towards 1.1888, which is the mid-point level (50%) on the chart.
What are Resistance Levels?
As we have said earlier, it is possible after the near 10% fall in price, a reactive move could materialise to unwind the current downside extremes. So what are potential resistance points to monitor?
Measuring Fibonacci retracements of the December/January weakness, the 38.2% level stands at 1.2374. This might prove to be something of a pivot point for traders deciding if resumption of downside momentum, or a further extension of upside recovery moves is to be seen.
Closes above this level might signal a period of further price strength, with the 50% point at 1.2456 and 61.8% level, 1.2539, then becoming the possible next resistance levels.
That said, while 1.2374 remains intact and caps any attempts at the upside, price activity should be watched closely for signs of potential downside resumption and further weakness.
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D1 Time Showing Reversal Trend,As m looking Daily Time Frame made Hammer at support level, and continuously rejecting from
that area, as my Analysis it is reversal to Buy.
Note it is my Analysis maybe it is wrong.
it isn't for Financial it's for Education Purpose.
GBP/USD two main support levels? want to know then read caption.Hello trading view family I have come with GBP/USD setup in analysis chart, what are your opinions about it share it in comment section.
More details are given below read them..
1. Resistance Zone : Highlighted in red near the 1.23500 price level, with red arrows indicating potential selling pressure if the price approaches this zone.
2. Support Levels:
Support Level 1: Marked in green near the 1.21700 price level, indicating a zone where buyers might step in.
Support Level 2: Located lower, near the 1.20660 price level, suggesting another possible area of strong buying interest.
3. Current Price : The live price is displayed at 1.21996, with a slight upward movement (+0.02%).
4. Potential Price Movements: Arrows on the chart indicate possible upward bounces from the support levels, heading toward the resistance zone.
5. Candlestick Patterns: The chart is composed of candlesticks, representing price action over 4-hour intervals.
This analysis outlines areas of interest for traders, focusing on key price zones where reactions might occur.
Key levels:
Support levels: 1.21700 and 1.20660
Resistance: 1.23500
Target is 1.23200
Kindly support me like comment and share.
GBP/USD LongsLooking for longs, to capitalise on the 4H bearish pullback.
Waiting for 15m to present a fresh demand.
GBP/USD LONG 16/01GU has been rejecting the downside and two daily candles have printed bullish at this significant zone. Highly oversold due to dollar strength. USD has peaked at 110 and started to retrace, will likely continue bearish up until Trump inauguration. Gu making higher highs and lows signifying shift in structure to upside. GBP GDP was red at 0.1 but still better than forecasted.
GBPUSDGBP/USD, often referred to as “Cable” in forex trading, represents the exchange rate between the British pound (GBP) and the U.S. dollar (USD). It is one of the most widely traded currency pairs in the forex market, known for its liquidity and responsiveness to economic and geopolitical events. The GBP/USD rate is influenced by factors such as interest rate decisions by the Bank of England (BoE) and the Federal Reserve (Fed), economic data like GDP growth, inflation, and employment reports, as well as political developments in the UK and the US. Its volatility and sensitivity make it a favorite for both day traders and long-term investors.
GBPUSD NEXT MOVE?GBPUSD we re expecting some big up side move towards 1.24 area with given stoploss trade safe stay tuned
GBPUSD InsightHello, dear subscribers!
I’m glad to see you all here. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- Bank of Japan Governor Kazuo Ueda stated that the decision on whether to raise interest rates will be discussed and decided at the January 23-24 meeting.
- U.K. CPI rose by 2.5% year-over-year, falling short of expectations. Service inflation hit 4.4%, the lowest level since March 2022. Following this news, gilt yields plunged, easing concerns about fiscal deterioration.
- U.S. December CPI increased by 2.9% year-over-year, aligning with expectations. However, core CPI rose by 3.2%, missing forecasts. Markets seemed to focus on core CPI, with Federal Reserve members noting improvements in inflation trends.
This Week’s Key Economic Events
+ January 16: U.K. November GDP, Germany December CPI, U.S. December Retail Sales
+ January 17: Eurozone December CPI
GBP/USD Chart Analysis
Following a sharp decline, GBP/USD dropped to the 1.21000 level but rebounded strongly after confirming its bottom. However, it faced resistance at the 1.23000 level, giving back some of its gains, suggesting potential for further declines. The downside bias remains, with a possible test of the 1.20000 level. On the other hand, if GBP/USD breaks above the 1.23000 level, it could shift to an upward bias, potentially rising toward the 1.25000 level.
GBPUSD - Short active !!Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action as price rejected from bearish OB + institutional big figure 1.23000. As well we have hidden divergence for sell.
Like, comment and subscribe to be in touch with my content!
Buy OpportunityGBP/USD (British Pound vs. US Dollar) – 4H Chart Analysis
Overview:
The GBP/USD pair is exhibiting bullish potential following a bounce off a key support zone. The market structure, along with volume analysis and EMA alignment, indicates a potential upward continuation towards the resistance level.
Trade Setup:
Instrument: GBP/USD (FX)
Trade Type: Long (Buy)
Entry Zone: 1.22050 - 1.22100
Stop Loss: 1.21380 (Below recent support and volume zone)
Take Profit: 1.23750 (Key resistance area)
Risk/Reward Ratio: 1:2.45
Analysis:
Support Zone: The area around 1.21380 - 1.21500 has shown significant demand with price rebounds.
Resistance Zone: The target level of 1.23750 aligns with a previous high and Fibonacci retracement levels.
Volume Profile: The point of control (POC) at the current zone suggests strong interest from market participants.
EMA Trend: The pair is trading near the 252 EMA, signaling a potential trend shift to the upside.
Expected Move:
If GBP/USD sustains above 1.22000, we anticipate a rally toward the resistance at 1.23750, providing a favorable risk-reward opportunity.
GBPUSD is in the Buying Direction after Testing SupportHello 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 NEXT MOVEGBPUSD, representing the British pound against the US dollar, is one of the most actively traded currency pairs in the forex market. Known as "Cable," it is highly influenced by economic data, geopolitical events, and monetary policies from both the UK and the US. Currently, it is signaling a sell trade with an entry point at 1.22214, aiming for a target level of 1.21418. A stop loss is set at 1.22625 to minimize risk and safeguard against adverse market movements. Due to its volatility and liquidity, GBPUSD offers traders numerous opportunities to capitalize on price fluctuations, making it a favorite choice among forex traders
Cable H1 | Approaching pullback resistanceCable (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.2258 which is a pullback resistance.
Stop loss is at 1.2347 which is a level that sits above the 50.0% Fibonacci retracement and an overlap resistance.
Take profit is at 1.2106 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPUSD BUY News pushed price down to take out Asain lows then came into an imbalance to start going to the upside , it will start taking out Asain highs and fill imbalance that we got on top.
How To Do Multi-TimeFrame Analysis With TradingViewHey,
In this video I provide the two key laws that helped me with trading;
1. An imbalance on the higher time-frames is a range on the lower time-frames.
2. A run on the higher time-frames is a trend on the lower time-frames.
From this point of view, I share with you how I analyze the charts from Monthly to Weekly to Daily chart, and how I like to time the next few days of price-action.
The chart I use in this tutorial is GBP/USD.
Kind regards,
Max Nieveld
GBPUSD H1 | Bullish RiseBased on the daily chart analysis, the price is approaching our buy entry level at 1.2179, which is a pullback support. This level is expected to act as a potential continuation point in the bullish setup.
Our take profit is set at 1.2314, near the 161.8% Fibonacci extension, marking a significant resistance zone and logical target for the upward move.
The stop loss is set at 1.2101, the recent swing low and a key support level, providing room for price fluctuations while protecting against invalidation of the bullish setup.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPUSD IN SELL TREND 🚨 GBPUSD Sell Zone & Target Analysis 🚨
The GBPUSD pair is currently showing signs of potential downside movement. Here's a more detailed look at the situation:
🔹 Current Market Overview: The British Pound (GBP) against the US Dollar (USD) has been struggling to maintain upward momentum, and we are observing a possible setup for a bearish move. After reaching a temporary resistance zone, GBPUSD appears to be primed for a pullback.
