GPBUSD 1 hour Chart trade idea LONG, Short, Long GBPUSD Trade idea. Maybe long waiting for break. Then short. Then long. See how it plays out. This is just the way I marked it up. Visual game..
GBPUSD trade ideas
GBPUSD BuyWe are in seasonality where the GBPUSD tends to go long. Besides that we are in a demand zone on the weekly timeframe.
I have entered prematurely with a little bit size of my position.
I will look for a entry after I have my final confirmation which happens when the 1 hour candle closes above the 1.30758 level.
GBPUSD will rise?GBP USD all details on chart .
Can be a good profit in long . Entry after a good green candle . good luck
TAPDA GBPUSD ( ALSO there Is even more reasoning to this trade that I don't even show you !!)
If you want real profitability I urge you to study this. Put hours and hours of work in daily.
I don't need you to tell me, I am telling you this is PRICE, NO INDICATORS ARE REAL
LOOK AT THE PRECISION I KNEW THIS WAS GOING TO HAPPEN
This is the algorithm to price
look how at 2:00 NY time price respected the previous day 2:00 OB! and declined heavily this is not a coincidence nor Cherrypicking.
I want you to apply ICT core content knowledge / learn it and then look deeper into when the PD arrays are actually working. ( what time)
This will give you clear insights to price action.
However more knowledge is needed. Study Ict core content. Understand IPDA AND ALL HTF knowledge. Then look deeper into time.
TIME BEFORE PRICE.
That is what gives pure precision within the financial market place.
If you don't believe me study the market place. when does price make sudden movements? when does price manipulate/ take you out.
ACCUMULATION-MANIPULATION-DISTRIBUTION.
Don't comment, don't question it until you have studied..
New York TIMEZONE New York CLOCK !!
I will give some key times to start your study- use 90 min TF
2:00 am
3:30 am
8:00 am
( I had to note that I used indicators to publish however never use indicators, understand the algorithm)
Dollar in Focus: FA UpdateThe US dollar's impressive comeback persists, building on its recent strength and solidifying its position in the forex market. This surge is driven by a combination of factors, including robust economic data, persistent inflation, and safe-haven demand amid geopolitical uncertainties. This fundamental analysis examines the factors fueling the dollar's sustained strength and explores potential market movements, with a focus on the upcoming ECB rate decision, Canadian CPI data, and UK economic indicators.
Sustained Momentum:
The dollar's rally, now spanning two consecutive weeks, reflects a significant shift in market sentiment. Initially triggered by escalating geopolitical tensions in the Middle East, the dollar's strength has been further reinforced by positive economic data. This combination of factors has fueled a powerful uptrend, raising questions about how high the dollar can climb.
Economic Resilience:
Recent US economic data has painted a picture of resilience, particularly in the labor market. The Nonfarm Payrolls report revealed strong job growth, low unemployment, and rising wages, all contributing to inflationary pressures. This robust economic performance has diminished expectations for aggressive Fed rate cuts, further supporting the dollar's upward trajectory.
Inflation Persistence:
Inflation remains a key factor in the dollar's narrative. Despite some cooling, US inflation remains sticky, exceeding market expectations and keeping the Fed on alert. This persistent inflation reduces the likelihood of significant rate cuts, bolstering the dollar's appeal.
Technical Confirmation:
The dollar's uptrend is evident not only in the fundamentals but also in the technicals. The US Dollar Index (DXY) has broken out of its previous range, clearing key resistance levels and signaling further upside potential.
Upcoming Data Releases:
ECB Rate Decision: The ECB is widely expected to cut rates. The focus will be on their forward guidance and any signals about future policy. A dovish outlook could weigh on the euro.
Canadian CPI Data: Tuesday's release will offer insights into Canadian inflation. Weaker-than-expected inflation could fuel expectations for further Bank of Canada rate cuts, potentially weakening the loonie.
UK Economic Indicators: CPI inflation, claimant count change, unemployment rate, and retail sales figures will provide insights into the health of the UK economy. Concerns about a slowdown and potential Bank of England rate cuts could weigh on the pound.
Engage with me! Share your thoughts on the dollar's outlook in the comments below. Follow our TradingView profile for more fundamental and technical analysis updates.
This is a market analysis, not trading advice. Past performance is not indicative of future results. Trade responsibly and do your own research.
GBPUSD - Daily Timeframeas we can see price broke the trend line but I didnt broke the trend. a lot of traders fail into this mistake and lose a lot of money!!!
now the price is around the last HL on the Daily TF. if price will close strongly below the last HL, then we need to wait for the retest to confirm that level is broken and then we can sell.
as far as price is holding above the last HL, then we are still in an uptrend.
simplicity is always a key :)
GBPUSD=BUYWe going up! Complete structure forming on the Daily and price is consoliating collecting as much liquidity as possible for the massive move to the upside. Demand zone seems to be holding well, news can finally move the price tommrow.
Lets see how it goes
#GBPUSD 1DAY#GBPUSD 1DAY Analysis
Pattern: Uptrend Channel
Forecast: Buy
The GBPUSD pair is currently moving within an **uptrend channel** on the daily timeframe, indicating bullish momentum. As long as the price remains above the channel’s support trendline, buying opportunities should be favored.
-Buy Strategy: Enter a buy position while the price stays within the channel, targeting the upper resistance line for potential profit-taking.
-Alternative Scenario (Sell): In case of a trendline breakdown, wait for a retest of the broken trendline. If the retest holds as resistance, it would indicate a potential reversal, signaling a selling opportunity.
-Risk Management: Ensure appropriate stop-loss levels to manage risk in both scenarios.
GBPUSD BUY Looking at GU BUY once its retrace back to the Asia low.
Targeting Mid of Asia since Asia low might not be tested.
Overall GU trend is short, this Buy is just a scalp.
Thats why I mentioned another trade below it to follow the major trend(sell).
As USUAL ,set alert early to check your own confirmations with mine.
Set RR 1:3 OR 1:4 based on your entry level.
Why settle for less RR when you take more RR ?
GBP/USD LONG 14/10Price is still in a bullish trend until the swing low at 1.30020 is broken. Currently consolidating within the daily demand zone. Buys taken anticipating a bullish move up into 1.32000. Gbp news tomorrow may prove to be the catalyst for the move.
the best zone for buy GBP/USDas you see chart , price in 1.3000 we have 3 point that we can take buy position with low risk , 1- static support in Daily Chart 2- Hidden Divergence in H4 3-channel support in H1
GU GU its trend bearish and tried to stay down as long as possible but not it will go bullish for like a trend,
if it breaks that trend we will go long
GBP-USDThe chart shows a bearish GBP/USD trend hitting support around 1.29956. A potential bounce is expected, with the price predicted to rise towards the 50% retracement level around 1.32484. Traders may look for buying opportunities near the support zone for a possible upward move.
DeGRAM | GBPUSD reaching the upper boundary of the channelGBPUSD is moving in a descending channel between the trend lines.
The price has reached the upper boundary of the channel and dynamic resistance, which it immediately responded to with a decline.
The pair continues to be under the 62% retracement level.
The chart keeps the descending structure.
We expect the price decline to continue.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
GBPUSD - Follow the Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈GBPUSD has been overall bullish, trading inside the rising wedge in orange.
Moreover, it is approaching a structure marked in green.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the structure and lower orange trendline acting as a non-horizontal support.
📚 As per my trading style:
As #GBPUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBP/USD Analysis: Slight Bullish Bias Expected on 14/10/2024The GBP/USD pair is expected to show a slight bullish bias today, supported by a combination of key fundamental drivers and technical factors. Traders and investors in the forex market should remain vigilant as several economic data releases and geopolitical events could shape the pair’s movements. Below is a comprehensive analysis highlighting the key factors driving this potential bullish bias for GBP/USD.
1. UK Economic Outlook
One of the major drivers for a possible bullish momentum in GBP/USD is the recent strength in the UK economy. Despite some challenges in the global economic landscape, the UK has shown resilience, particularly with stronger-than-expected GDP growth and robust retail sales. UK inflation remains elevated, with the CPI figures suggesting sustained price pressure, which could prompt the Bank of England (BoE) to consider further tightening measures. A hawkish stance from the BoE, which is already maintaining higher interest rates, would support a stronger pound, adding to the bullish sentiment in the market.
2. US Dollar Weakness
The US dollar is showing signs of exhaustion after a prolonged period of strength. USD weakness is being driven by softer inflation data, with the recent CPI report showing cooling price pressures in the US economy. The Federal Reserve may lean toward a more dovish stance, refraining from further aggressive rate hikes. This has caused the dollar to lose some of its safe-haven appeal, providing room for the pound to gain ground against the greenback.
3. Geopolitical Risks and Market Sentiment
The broader market sentiment is being influenced by geopolitical tensions , especially in the Middle East and Europe. Risk-off sentiment tends to favor the US dollar, but given the recent easing of these concerns, market participants may shift back to higher-yielding assets like the pound. A relief in risk sentiment can boost the GBP/USD pair, pushing it toward higher levels.
4. Technical Analysis of GBP/USD
On the technical front, GBP/USD is trading above its 50-day moving average, indicating a bullish trend in the short term. The pair has found strong support around the 1.2100 psychological level, with upward momentum suggesting a test of the 1.2250 resistance level. RSI (Relative Strength Index) is trending upwards, confirming the bullish bias, while MACD (Moving Average Convergence Divergence) also shows strengthening momentum.
5. Key Data Releases to Watch
Traders should keep an eye on upcoming data releases for further clues on the GBP/USD trajectory:
- UK Unemployment Rate: A stable or better-than-expected figure could lend support to the pound.
- US Retail Sales: Any softness in the US retail sector could further weaken the dollar.
- BoE Governor Bailey's Speech: Any comments on future monetary policy tightening could provide additional bullish support to the pound.
Conclusion
The GBP/USD is expected to exhibit a slight bullish bias today, driven by strong UK economic fundamentals, cooling US inflation, and broader market sentiment. The technical setup also favors upside potential, with the pair poised to target higher resistance levels. However, traders should remain cautious and monitor key data releases that could shift market dynamics throughout the day.
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GBPUSDGbpusd has reached an important support in the 4-hour time frame that RD+ also has, now if it can break the drawn channel up, it can move up to 38% of the fall in the form of price correction.
Can we get some moves this week on GU?We had a tight consolidation last week. This week I'm thinking we can get some better moves.
GBP/USD steadies above 1.3050Hello dear friends!
As we predicted, GBP/USD fluctuated and fell sharply until 1.302 and completed the sell target as mentioned earlier.
However, the price quickly reversed and stabilized around 1.306. The upside momentum of GBP/USD may be limited by the sustained strength of the US dollar, due to the geopolitical risks looming around the world and concerns about China's economy, keeping the pair within a familiar range.
In conclusion, GBP/USD is still in a downtrend, but the selling pressure has gradually decreased and the possibility of a move to the upside is due to the convergence signs from the trend line and RSI indicator. The support level around 1.302 - 1.300 has not been broken yet and remains a bright spot for GBP/USD to recover.
GBPUSD LONGPrice tapped the recent zone, made a clean market structure and hit the Order block. Imbalance filled on 15mins timeframe and expecting the price to move upside.
GBPUSD BULLISH **British pound GBP Value Correlation to USD
>We are now in the Oversold region Signaling for a bullish trend week.
Technicals:
>Price entered the Demand Zone last week, and could be ready to rally this week.
>We can see 2 consecutive higher lows
>Price could reach to the opposing Supply Zone that initiated the bearish imbalance.
OTHERS:
>Scalpers can ride the bullish trending week
>Long term traders can position for a Sell for when it reached the opposing supply zone and we get an overbought reading
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
GBP/USDFull analysis of GBP/USD
1- There is oversold selling on the MACD indicator
2- The presence of divergence on the RSI indicator
3- The presence of strong demand areas
4- The presence of your hormone model supports purchasing on a 4-hour frame
So we start looking for purchases while committing to capital management
