Double Top The price made a double top pattern followed by an attempt to go long, now the price is showing signs of a bearish move. I can see a small pullback from the start of the day, if the price makes a lower low it very likely to go short WE ONLY TRADE PULLBACKS Shortby KenyanAlphaUpdated 1
UPDATE ON GBP/USD ANALYSISGBP/USD 1H - As you can see price is trading us in a bullish way, its yet to break the last high that was set in this bearish leg however I feel we will get this break soon. I want to see price continue putting in this bullish correction trading us up and into the Supply Zone I have gone ahead and marked out for you all above. Once price trades into that we can look for shorts. As you all can see price is trading in a bearish way putting in lower highs and lower lows. What we are witnessing at the moment is simply a correction before the next impulse to the downside. We could look to take part in this correction buying in on a pullback, we just need to go down on timeframes and find relevant areas of Demand in order to buy from. Its important we manage any buy trades carefully as we are trading against the higher timeframe prevailing trend. I will be looking to go short once we have the confirmation of the next bearish impulse, this will come after price penetrates the area of Supply above, flipping the S&D balance.Shortby Lukegforex114
GBP/USD SHORTGBP/USD SHORT " break of a support area and retest it +50% fib retracement + 50ema dynamic resistance + trend line Shortby elyes_hantousUpdated 4
Long till 1.23852The bullish 4H FVG has been respected at 1.23352. This warrants bullish momentum till 1.23852.Longby Th3L1qu1d1tyUpdated 2
GBPUSD • Context: • BoE: Rates have stayed high in an attempt to fight inflation; speculation remains whether the BoE will continue hikes or begin to soften policy. • UK Economy: Modest growth, but inflationary pressures persist. • Possible Direction: • Bias: Slightly bearish, though GBP may show more resilience if the BoE maintains a hawkish tone. • Catalysts: UK inflation and unemployment data, plus the strength of the USD.by SkylimitBreakPoint1
GBPUSD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.24200 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.24200 support and resistance area. Trade safe, Joe.Shortby JoeChampion4416
GbpUsd Long BiasMy first GU insight of the week. I'm looking to buy from 1.23471 because it aligns with my potential buy model. Although the bullish open and close level 1.23533 looks more enticing I won't be surprised if price reacts from there. Please boost if you find it insightful so others can see it too 🫴Longby HallowAdept1
GBP/USD pair, signaling a downtrend ?GBP/USD News: 🔆GBP/USD broke a three-day winning streak, trading around 1.2490 in Asian trade on Thursday 🔆More upbeat UK inflation data was overshadowed by concerns about slowing growth. The pound could face downside pressure amid expectations that the Bank of England will resume its policy easing cycle, expected to cut interest rates by 25 basis points to 4.5% later in the day. 🔆GBP/USD could resume its downtrend if policymakers signal dovishness. The more dovish the forecast, the more likely GBP will fall as low interest rates will be less attractive. 🔆The trade war launched by President Trump remains a major factor today. The UK is not among Trump’s top opponents but is still in his crosshairs. 🔆On the other hand, if policymakers prove tough, GBP/USD is likely to gain further upside traction.” Personal opinion: 🔆There are many negative forecasts for GBP 🔆The RSI (1H) indicator is entering the oversold zone and shows no signs of reversal, the next support level is 1.240. If it continues to fall, it may return to the trend line to communicate with the next support line Thank you for reading my comment: "FM"Shortby FM-ForexMastermindUpdated 115
GBP/USD Accumulating for a Major Bullish MoveGBP/USD remains in an accumulation phase, setting the stage for a significant upside move. Current market structure suggests a potential Wave C of Wave 2 forming an ending diagonal. A breakout could confirm bullish momentum—stay alert for key levels! 📈🔥 #ForexAnalysis #ElliottWave #GBPUSD #elliotwavesglobal Longby Elliotwavesglobal6
BoE Balances Inflation Risks and Growth Slowdown with Rate CutThe British pound trades at 1.235 after the BoE cut rates to 4.5% and halved its growth forecast to 0.75%. Governor Bailey downplayed expectations of deeper cuts, but uncertainty persists. The BoE also raised its inflation forecast to 3.7% from 2.8%, highlighting the challenge of balancing rate cuts with price pressures. With three cuts since August, traders still expect 60bps of easing this year. Meanwhile, US markets shrugged off the latest jobs report, supporting the Fed’s stance on a strong labor market with no urgent rate adjustments. The first resistance level for the pair will be 1.2500. In the event of this level's breach, the next levels to watch would be 1.2600 and 1.2650. On the downside 1.2340 will be the first support level. 1.2265 and 1.2100 are the next levels to monitor if the first support level is breached.by zForexcom2
GBPUSD BULLISH IDEAPrice has made a turtle soup during London..PDH will be the next potential TargetLongby william42
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 ChartsLongby ForexMasters20001
GBPUSD// Bearish Outlook, Reversal pattern confirmation recieved📉 GBPUSD Price Forecast & Analysis 📉 GBPUSD has formed a Cup and Handle pattern at the top of the uptrend, which is a reversal signal indicating potential downside movement. 🔹 Technical Breakdown: ✅ The market has broken the support level and the 50EMA, confirming a shift toward a selling trend. ✅ Now, GBPUSD is retracing back to 1.2380, which acts as an order block (a key resistance zone). ✅ If a strong bearish candle forms at this level, it will confirm the continuation of the downtrend. ✅ Volume is increasing on the selling side, strengthening bearish momentum. 🔻 Sell Entry: 1.2380 (After confirmation from a bearish candle) 🎯 Technical Target Levels: 📍 1.2250 – First support level 📍 1.2190 – Second support level 💡 Trading Insight: This setup presents a high-probability trade as GBPUSD has already shown breakout signals, and a retest of the broken support could provide the perfect short entry. 📢 Stay updated with more forecasts! Like, comment, and follow for real-time trade insights. 🚀 Kind regards, Trend LogicShortby TrendLogic1119
GBPUSD Week 7 Swing Zone/LevelWeek 7 SZL (Swing zone/level) calculated and updated on chart As always price action determines tradesShortby PinchPipsUpdated 1
GBPUSD SELL UPDATE •••• 1:2 HAS BEEN ACHIEVED 1:2 full TP has been achieved after day of waiting That was a good trade Enjoy the profits and see you on the next oneShortby Master-Matt1
GBPUSD H1 | Falling from an overlap resistance?Based on the H1 chart, the price is rising toward our sell entry level at 1.2391, aligning with a pullback resistance level. This setup suggests a potential bearish reversal. A rejection at this level could drive prices lower toward our take profit at 1.2330, a pullback support where buyers may look to step in near a previous support zone. The stop loss is set at 1.2438, positioned above the previous swing high, providing sufficient room for fluctuations while ensuring the bearish setup remains valid. 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 (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (fxcm.com/au): 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 fxcm.com/au Stratos Global LLC (fxcm.com/markets): 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. Shortby FXCM4
Tue 11th Feb 2025 GBP/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/USD Sell. Enjoy the day all. Cheers. JimShortby JAGfx222
GBPUSD POSSIBLE BULLISH REVERSAL!A crucial juncture on GBPUSD! Bullish Reversal alert!!! Price sentiment is gradually shifting bullish on GBPUSD following the recent developments on the pair. Technically, we’d be looking forward to going long on a shorterm. Thursday we anticipate GDP ( a report that measures countries economic growth) I highly anticipate a bullish price movement to emergeLongby Cartela2
GBP/USD NEXT MOVESell after bearish candle stick pattern, buy after bullish candle stick pattern.... Best bullish pattern , engulfing candle or green hammer Best bearish pattern , engulfing candle or red shooting star NOTE: IF YOU CAN'T SEE ANY OF TOP PATTERN IN THE ZONE DO NOT ENTER Stop lost before pattern R/R %1/%3 Trade in 5 Min Timeframe, use signals for scalpingLongby xavi_m591
Gbpusd for shortPrice is bearish on the higher timeframe, price broke the immediate bullish trendline. Wait for a break and a retest of the support zone below, and a bearish candlestick pattern for short.by makindetoyosi23
Pre CPI setupBounc area is clear, lets see if we get a chance to enter in within 2 days:)Shortby MaTthyQ0
Pt. 2 Market Structure (Bearish Condition)In This Video Ill Discuss A Bearish Market. What To Identify Before Entering Price For Sells, How To Correlate Multiple Time Frames To Follow Trend.Short12:09by Gentry950
GBP/USD - Down side profit opportunitiesGiven the currency is currently under the 200EMA, the level of price indicates a crucial level of price. The size and quantity of red candles indicates a strong push to the down side. With levels and this prices in previous times also reacted. Anticipate many retail traders to take profits off the table.... Just an anticipated idea....Shortby HUGO_DT1502