GBPUSD 1hIn the gbpusd currency, we see the breaking of the trend line and continue to climb up to the price of 1.30600Longby behzadx_pv2
GBP/USD: Will NFP Make the Dollar Drop?GBP/USD weakens around 1.3010 during the European session on Wednesday, staying within a descending channel since September, as the market awaits key economic data, including the UK Autumn Budget, October’s ADP Employment Change, and US Q3 GDP. A close above 1.2975 could attract buyers, pushing the price toward 1.3050, while support remains at 1.2895. The pound remains vulnerable to potential negative economic surprises or restrictive fiscal measures announced in the Budget, as indicated by Prime Minister Starmer, which could increase volatility. Positive US economic data, especially on employment and growth, could strengthen the dollar and further push GBP/USD lower. I am currently long on GBP/USD from last week, aiming for a 1:4 RR. Currently, I'm at a 1:2 RR with SL at BE, so risk-free. Have a great day and happy trading, everyone!Longby Forex48_TradingAcademy110
GBPUSD BUY NOW!!!!!!!GBPUSD completed +33pips from our yesterday calls today we have falling wedge pattern breakouts printed on a 2h time frame am gonna be looking for buys once price made a strongly rejections from the supply zone then am going to be holding from there till we arrive at 1.31 area JOIN AND ENJOY Tell us your views on this........... Longby CAPTAINFX23
gbpusd market out lookuuing the path tool and the concept of trends in collaboration with the concept of support an resistance i broke down this gbpusd pair and in conclusion we just hav to see price reaction from where it presently is at the moment 03:42by ihediohavictorpaul0
BoE's plans for additional rate cuts are in conflict Expectations are mounting that the BoE would implement additional rate cuts. BoE Governor Andrew Bailey has stated that inflation is decreasing more rapidly than anticipated. The UK CPI for September registered at 1.7%, falling short of the central bank's 2% target, which has intensified speculation about upcoming rate increases. Wall Street is convinced that with UK inflation already below the target, there's a strong likelihood of additional rate cuts in November and December following the recent 25bp reduction. However, there are concerns regarding the potential aftereffects of hasty rate cuts. BoE economist Catherine Mann emphasizes that, despite a general slowdown in inflation, service price inflation continues to soar. She warns that an impulsive rate hike could reignite inflationary pressures. GBPUSD advanced to the 1.3000 threshold. After breaching the descending channel’s upper bound, the price holds above both EMAs, signaling a trend reversal. If GBPUSD breaches the resistance at 1.3045, the price may gain upward momentum toward 1.3265. Conversely, if GBPUSD fails to hold above both EMAs, the price may break the channel’s upper bound again and re-enter the descending channel. by inkicho_exness0
GBPUSD Down trend continuationLooking to continue downward trajectory as we pull back into the order block.Shortby salmanmahmood1992
GBP/USD Testing Key Resistance: Time to Short the Pound?Let's break down the market structure on GBP/USD. Starting with the weekly chart, we can see that price has been respecting that yellow weekly support at 1.28626 and hasn't closed below it yet. However, GBP/USD has struggled to break back above the 21 EMA, which is sitting around 1.30468, and looks like it could face more downside pressure unless it can retest those higher levels. The next key weekly resistance is 1.31578, which is a long way up if bulls decide to take control, but so far, the bearish trend is holding. On the daily chart, price is attempting a slight recovery after bouncing off that daily support at 1.29000, but notice how the 8 and 21 EMAs are still trending down. We can see that the candles are showing some buying momentum, but until we see a strong close above the daily resistance at 1.30162 or even higher around 1.31093, this looks like a potential sell opportunity on the pullback. If price fails to close above 1.30162, we could see a continuation down to retest 1.28626 or even 1.27467. Looking at the 4-hour chart, we see that GBP/USD has broken above the trendline resistance and is now sitting right at that key daily resistance. I'm watching for either a solid rejection here or a breakout confirmation. If I see bearish price action forming here, I'd look to sell around 1.30139 with stops above the 1.30500 mark and target 1.28626 for a quick ride down. If we get a breakout above 1.30162, though, I'd wait for a retest to get in on the long side. We want to be in and out by Friday, so let's stay sharp and trade smart! Happy trading fam, let’s get these pips!Shortby SheenaL2
GBPUSD Maybe long ?My apologies for phone version, here is PC version to understand better As we have FIB level , there is HnS small , there is trendline, and possible accumulation, manipulation and extension Let’s see how trade works out GLLongby RaivisFUpdated 6
Is GBPUSD ready to break out?Is GBPUSD ready to break out? Is the USD getting weaker? I think so, but best to wait and find out. This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!! It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros Longby Trading_Vista4
GBPUSDGBP/USD Trade Idea: • Bias: Short-term buy opportunity if support holds. • Entry Zone: 1.2960–1.2970. • Stop Loss: 1.2920 to manage downside risk. • Take Profit: Target at 1.3030. • Analysis: GBP/USD is in a bearish trend, but there’s potential for a reversal due to positive momentum. Watch for confirmation of upward movement before entering.Longby azizy730
High probability trade in minutes Asia Monday GBPUSD Long Here is a trade I will take once the liquidity picks up as its still pre-market in Australian Monday trading and liquidity and spreads will be much better in a couple of hours. The trade is Long GBPUSD along the lines of the Daily chart 200ema where I expect price to continue to respect it and the influence of the ema right on price will spark renewed interest from traders during Monday. Standby for about 1 to 2 hours and I will provide my entry, SL and potential TP. Cheers, ChrisLongby Easy_Explosive_TradingUpdated 113
GBPUSD - bottom out here? holds or not??#GBPUD.. market just trying to bottom out here. sterling is at his most important support of the week and month that is around 1.2950 keep close that supporting region and if market hold it in that case we can expect again bounce form here. good luck trade wiselyLongby AdilHussain731333Updated 2
GBPUSD with two probabilities for 10/29/2024GBPUSD with a high probability to make the decision for 10/29/2024 ✅️ : 🔸️If the price exceeds the green bar 🟩, with the bar closing in the hour above: there will be a high chance of entering a purchase as indicated in the chart, respecting the day, news and the stop loss. 🔸️If the price exceeds the red bar 🟥, with the bar closing in the hour below: there will be a high chance of entering a sale as indicated in the chart, respecting the day, news, and the stop loss.Shortby Abderrahmane_241
1.29740 sell here 30% W-bear, D-bear, 4H-bear 10% At daily AOI 10% Candle stick rejection 10% rejection from previous daily structure point 5% Round Psych Level -------------------------------- 5% Touching EMA 10% Candle rejection 10% Trading Signal total 95% A setupShortby saddamn731
Scenario GBPUSD (ii)Update of the gbpusd chart according to my plotted signal, a price movement to the level of 1.3640 is likely, if this happens the price reaches fibo 0.786 and a bearish scenario like the one on the chart is possibleShortby Sony970
GBPUSD maybe long ?As we have FIB level , there is HnS small , there is trendline, and possible accumulation, manipulation and extension Let’s see how trade works out GLLongby RaivisF0
Possibility of uptrend It is expected that the price will fluctuate above the green support area and then we will witness the start of an uptrend. If the support range is broken, the continuation of the downward trend is likelyLongby STPFOREX1
GBPUSD Bearish Sentiment Today's analysis continues to give a bearish prediction. However, in forex, anything can happen as we still have a bullish trend in the daily timeframe playing out. We look There are some uncertainties but we know we are currently on a key level that has retested and moving on the downside. Let's see how the market plays out before taking a position. However, my bias is bearish on the monthly time frame as we are looking forward to seeing more bearish months ahead. Except a piece of good news from the Pound to make it bullish or something goes wrong in the US economy that gives the Pound an advantage to rise.Short11:20by TRADE2PROFIT_ACADEMY0
GBP/USDT Short Position InitiatedManage your risk effectively, as trading carries inherent risks. Ensure to set appropriate stoploss levels and maintain a disciplined approach to protect your capital.Shortby BrunoBukason7
GBP/USD Bullish Momentum Toward 1.327Hello, FX:GBPUSD appears to have established a support level, suggesting a potential bullish move toward 1.327025 if it rebounds from the current pivot points. The trend shows promising progress, with an overall bullish movement anticipated. TradeWithTheTrend3344 by TradeWithTheTrend33446
Buy Position on GBPusd (Reward 6.5)OANDA:GBPUSD In order to the EX zone in 4H time frame, We go to 15m time frame to enter the buy position more efficiently. Note: In EX zones, we can enter the position without any confirmation, but we always get better win rate by waiting for a confirmation signals to form. The confirmation signals in my strategy (Tactical Smart Money) are two kind: 1. SCOB (single candle order block) 2. ChoCh in lower time frame As always: Make sure you have a good partial exit plan, AND "KEEP CALM & OBEY YOUR PLANS." Happy trading.. Cheers, Aurio #Crypto #Trading #Bitcoin #markets #Finance #Forex #BTC CRYPTOCAP:BTCLongby x-AurioUpdated 4
Long is Available at GBPUSDAccording to my last Video about GBPUSD, one Long is available with not very ODDs but can be trade with very small size of Balance, Good Luck With Your Trades <3 Longby FXSGNLSUpdated 2