GBPUSD: Long Signal with Entry/SL/TP GBPUSD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy GBPUSD Entry Level - 1.3020 Sl - 1.2979 Tp - 1.3115 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals1
GBPUSD Sept 11 Sell Trade This trade was set in pending order at around 3-4am EST . During London Session. I saw some continuation in bearish structure due to the fact that previous day introduced supply (we can see it in (4h- 1H Timeframe). After carefully checking the Point of Interest, I set the sell limit. Risk to Reward Ratio: 1:7 Supply Entry with confluence in liquidity. move that gives momentum during CPI News release 8:30am EST #wyckoff #patienceShortby glyrad1
An Update on my past post about GBP/USD regarding bias...We are still bearish, Still in the retracing phase from the looks of it. This is the second post related to the GBPUSD Idea. ----------------------------------------------------------------------------------- Break-down of current price action: From the looks of it, last week we ended up pushing up and sweepng 2 major highs. Then an instant dip back down, leaving behind a large wick up and a lower high, therefore confirming more and more that a big downtrend is coming, which in reality is most likely just the higher timeframe pulling-back. Respecting the high is a big one, especially when the purpose of that move that made a lower high, was to also sweep liquidity, then showed its true intention by breaking the low, sharply and aggresively the next day. It also swept our first "White Ray" and we are currently having a reaction from it. The reaction is most likely done now and we are free to move lower, especially with USD Inflation Rate that pushed GBPUSD even lower. Expecting to move even lower for the rest of this week. and hopefully take out the next white rays. Bias: For most of the days my bias on GBPUSD is bearish, there could be days that we have another pull-back that sweeps liquidity and puts another lower high, just like what happened on friday of last week's. Those days its also risky to look for longs, especially if the move youre looking for is big, because again, going anti-trend is very dangerous, since price can reverse up anytime. Conclusion/Summary: Expect to push even lower this week, potentially take out some more white rays, and then getting another pullback that puts a second lower high, which will further confirm the bearish idea. NOTE: i am by no means profitable and this is not financial advice. This is just an idea, based on my experience in trading GBPUSD.Shortby hadi_vol1
GBPUSD CPI thoughtsAfter everything that goes with US, this is how i see CPI will play out , its a gamble ofc Longby RaivisF2
GBP/USD Eyeing Lower Levels?Following economic activity in July stagnating for a second consecutive month, the focus was on the GBP/USD currency pair (British pound versus the US dollar). Monthly Resistance Technically, the trend remains to the upside for the pairing and recently reached a year-to-date high of US$1.3267. Longer-term price action on the monthly timeframe is struggling to find acceptance above resistance at US$1.3111. Although recently breaching this resistance and spiking above the high of US$1.3142 (July 2023) helps confirm an uptrend, the fact price is struggling at the aforementioned resistance may concern prospective buyers. Daily Decision Point Zone Breached Knowing that monthly price is attempting to hold things below resistance, price action on the daily timeframe is seen navigating below a decision point zone at US$1.3081-US$1.3130. Should price clear willing bids around this area, further underperformance could be seen as far south as support coming in at US$1.2994. H1 Ascending Channel In View What’s interesting from a technical perspective is that H1 price is also currently working within the limits of an ascending channel between US$1.3049 and US$1.3087. Ultimately, should H1 action breakout below the said channel, coupled with what the monthly and daily timeframes are currently showing, this could trigger bearish interest towards the US$1.30 handle, closely shadowed by daily support from US$1.2994. Shortby FPMarkets0
Check the trend It is expected that after some fluctuation and correction, we will see the beginning of the upward trend and it will advance to the specified resistance range. Then the movement process will continue according to the specified routesLongby STPFOREX0
Sell Idea Pound/DollarOn the H4 timeframe, we have identified a support level (current resistance) that the price is already positioned below, providing a breakout. If the price cannot re-enter this resistance level, expect a strong downtrend movement. Remember, the closing and position of the H4 timeframe candle above 1.3150 will serve as a warning for the start of a re-uptrend movement. Stop Loss @ 1.3160 Take profit @ 1.2997Shortby GreenFxTrading110
gbpusd buyon daily chart we have a possible return swing already testing 1.30492 price mark inwhich we are looking forward to a possible bullish reaction to push price up the chart. but from the news perspective gdp m/m for GBP is expected to be above forecasted 0.2% within this mark last mark of 0.0% should incase of a negative news outcome of pound economy we all have hope on the cpi about to be dropped for a better glimsp of where we are headedby solomonshodipe011
gbpusd buyon daily chart we have a possible return swing already testing 1.30492 price mark inwhich we are looking forward to a possible bullish reaction to push price up the chart. but from the news perspective gdp m/m for GBP is expected to be above forecasted 0.2% within this mark last mark of 0.0% should incase of a negative news outcome of pound economy we all have hope on the cpi about to be dropped for a better glimsp of where we are headedby solomonshodipe010
Going Short on GBPUSDfollowing technical analysis price seems to be in a down trend. entry spot is the supply zone for a re entryShortby Awesome_pips0
SELL GBPUSD - trade explained in detail using the Dollar IndexTrader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button. We are proud to be an OFFICIAL Trading View partner so please support the channel by using the link below and unleash the power of trading view today! www.tradingview.com Short04:25by Simply-Forex3
GBPUSD- Trend Continuation setupSuccessful trading is knowing what to do and doing what you know. The knowing part is very simple but the doing part is not easy that is why most people struggle in trading. This afternoon, during the New York session, my focus is on GBP/USD. We are buying based on the H4 timeframe, where the wave structure remains bullish since the price hasn’t closed below 1.30877. Another confirmation comes from the H1, which has only shown three waves down so far. While a fifth wave may appear, it’s likely to be a higher low following the current upward move on the M15 chart. As long as the M15 stays above the New York session opening range, we will continue buying. Happy Trading!Long11:35by Charts247TradingAcademy110
GU projection. Price is at a strong support and price is forming an indecision candle on the 4H. If we get three to four 4H candles closing above this order block. then we might see a push upLongby eminefohsunday0
GU filpping to Bearish!Been waiting for price momentum to shift. Now looks like we have it. Have to wait out the next day to see if they are ready to keep moving in a bearish direction. Short01:45by DWoodz3
GBPUSD 1hrHere is a simple analysis of GBPUSD in 1hr time frame . I am bearish in gu If it break this lvl then I will short g/u Always #NFA #DYOR Shortby Sijan22441
Short trade for $GBPUSD- TVC:DXY resistance broken - FX:GBPUSD 1h support broken - 15m new LL - 15m downtrendShortby Thomasmtr2
Short if we break the support long if we reject it. The key is to confirm the break or rejection. If we reject price will go up there to seek liquidity and potentially roll down for a very long time. Am open to questions and suggestion plus opinions only.Shortby TheKang2553
GBPUSD**GBPUSD:** This week, the price is expected to fall to the zone between 1.3110 and 1.3081 for a trend reversal, aiming for the top of the channel.Longby simaoxceps0
GBPUSD ShortNFP might.. i repest Might favor this set up. we join at the current rate after the pair is unable to break the Fair value gapby itsGitauUpdated 0
Fundamental Market Analysis for September 09, 2024 GBPUSDGBPUSD: The GBP/USD pair is attracting some dip buying during the Asian session on Monday. The pound is once again aiming for the 1.3150 price level, although a combination of factors could prevent further gains. The closely-watched US employment data released on Friday suggests that labour market growth is slowing more than expected and adds to concerns over the health of the US economy. This in turn reduces investor appetite for riskier assets, which favours the safe-haven US Dollar (USD) and acts as a headwind for GBP/USD. Meanwhile, a survey of recruiters showed that the UK labour market cooled markedly last month, with vacancies falling sharply and wage growth slowing. This reinforces the case for an interest rate cut by the Bank of England (BoE), which could further deter bulls from aggressively betting on the British Pound (GBP) and keep pressure on the GBP/USD pair. Investors are now eagerly awaiting the release of the monthly UK employment data due on Tuesday. At the same time, USD price dynamics will continue to play a key role in influencing the GBP/USD pair in the absence of any market-important economic data from both the UK and the US on Monday. Trading recommendation: We follow the level of 1.3090, if it is fixed below we consider Sell position, if it rebounds we consider Buy position.by Fresh-Forexcast20040
GBPUSD potential long entrySince from last week price had a significant drop and we are now seeing it respecting the 15 minute bullish orderblock. this signals a very high potential opportunity for long entry while being tight on your stop loss in case the setup fails. this type of movement constantly repeats and is most of the time going in the way we expect it to be. Longby Elijah0071