BEARISH ON GBPUSDAnalysed from the weekly TF and the sentiment is bearish from there throughout all the lower Time Frames I am going to enter on the m15 TF
I'll be targeting the Previous week low for profit taking
GBPUSD trade ideas
GBPUSD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.26400 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.26400 support and resistance area.
Trade safe, Joe.
Read The GBPUSD MarketLet's Looking at GBPUSD Chart and Read the Market of it for finding some trade opportunities, Good Luck With Your Trades <3
gbpusdAccording to the strategy I used, gbpusd fulfilled all the rules and I set the SL to be 14pips and the TP to be 35 pips.
AFTER THE FLOW: GBPUSD [+1]Trades Summary:
Total Trades: 3 (2 short, 1 long)
Success Rate: 100% (all trades were profitable)
Largest Profit: $975.78
Net Profit: $1,120.16
Trade Details:
GBPUSD: Modest profit of $48.00 from a long position.
AUDNZD: Net gain of $119.76 on a short position.
CADJPY: A significant profit of $994.67, showcasing the strength of this setup.
Risk and Drawdown:
Drawdown: None recorded (0%).
Sharpe Ratio: 0.87 (indicating good risk-adjusted returns).
Execution:
All trades were closed with profits, and the largest profit came from CADJPY.
GBPUSD BUY ANALYSIS FALLING WEDGE PATTERNHere on Gbpusd price has form a faling wedge pattern and now try to rise up so if 1.25873 price is likely to go up more and trader should expected to go for LONG with profit target of 1.26952 and 1.28383 . Use money management
CHART BREAKDOWN GBPUSD: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell zone spanning from 1.26150 to 1.26070, respectively, is highlighted.
Things I Have Seen👀:
Important Supply Zone🟢: Identified between 1.26150 and 1.26070 serving as a low-risk buy.
Bearish Targets📉:
1.25950: Possible retracement area.
1.25880: Possible retracement area.
1.25750: Possible retracement area.
1.25550: Possible retracement area.
1.25700: Significant demand zone.
1.25350: Significant supply zone.
1.25250: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
GBPUSD 4hr ShortGBPUSD
📉 4hr Short
💰ENTRY: 1.25373
👎STOP LOSS: 1.26165
TP TARGETS
⏰TP1
⏰TP2
⏰TP3
✅ 2. Daily Time Frame: Price has been breaking bearish and trending below the 10, 50, 200 EMAs.
✅ 3. 4hr Time Frame: Price has made a valid correction into the 10 EMA.
✅ 4. Price has made a Swing high Engulfing candle below the 50ema.
This is a great example of my systematic system.
GBPUSDThe potential sell scenario for the pair this week:
The pair is to be monitored as it approaches the designated sell zones on the chart.
GBPUSD SHORT TO $1.24300 (UPDATE)Once again overnight (Asia session) GU shot back up again towards our Wave 5 entry zone, rejected it again & is running 70 PIPS in profit so far.
Me & my Gold Vault Academy students understand that Wave 5 being the FINAL IMPULSE WAVE, means that wave will move slowly & trap in a lot of early buyers before it reaches its target. As an Elliott Wave trader, you need to learn to be generous with your SL as we are long term traders trading the higher TF’s, not scalpers👌
GBPUSD SELLGood day traders
GU just grabbed liquidity for London session now lets short it
Firstly we aim for 1:1 then 1:2 after securing some profits
Good luck gang
GBPUSD in Bearish trend GBPUSD in bearish trend printing a falling channel, about to show a trend reversal and start a bullish trend.
The bulls are creeping inI think the bearish run is slowly coming to an end as we approach a significant demand zone coupled with swept liquidity.
With a possible move to the upside back to that supply zone above.
Not a financial advice!!
gbpusdAccording to the strategy I used, gbpusd fulfilled all the rules and I set the SL to be 15pips and the TP to be 30 pips.
What's Flowing: GBPUSD [P&L SNAPSHOT]Last video did not show the P&L, so here it is.
It seems the arbitrage strategy worked effectively, mitigating the impact of the GBPUSD pullback and maintaining the overall equity balance. This highlights the robustness of hedging and inter-market positioning as a defensive trading mechanism. Leveraging correlations between pairs like AUDNZD and CADJPY to hedge against fluctuations in GBPUSD demonstrates strategic flexibility.
It’s always crucial to monitor the market for further retracements or reversals while keeping risk exposure balanced. The current setup shows healthy margins and room for adjustments if needed. Great use of diversification and dynamic management!
GBPUSD setup GBP/USD recorded the eighth straight negative week after the pullback from the 1.3433 level, losing more than 7%. The price posted a fresh six-month low of 1.2486 on Friday, meeting the long-term ascending trend line.
More aggressive selling interest would switch the broader outlook to a bearish one, resting near the 1.2445 support, taken from the lows on May 9. Even lower, the bears would gain control, pushing the pair towards the psychological mark of 1.2300.In case of a bounce off the uptrend line, then the price may test the 1.2715 resistance area, ahead of the 20-day simple moving average (SMA) at 1.2770 and, more importantly, the 200-day SMA at 1.2820.The momentum oscillators are confirming a bearish structure as the RSI is pointing down near the oversold zone, while the MACD is still extending its negative steam below its trigger and zero lines. The 20- and 200-day SMAs created a death cross, confirming the falling movement.
GBPUSD - Bullish - Entry when trend starts to reverse Entry when trend line breaks,
Trend will be reverse when trend line breaks
SL and TP defined.
Manage your risk reward accordingly
Swing Trade on 4h TF
What's Flowing GBPUSD (UPDATE) [Triangular Arb Structure]It seems the arbitrage strategy worked effectively, mitigating the impact of the GBPUSD pullback and maintaining the overall equity balance. This highlights the robustness of hedging and inter-market positioning as a defensive trading mechanism. Leveraging correlations between pairs like AUDNZD and CADJPY to hedge against fluctuations in GBPUSD demonstrates strategic flexibility.
It’s always crucial to monitor the market for further retracements or reversals while keeping risk exposure balanced. The current setup shows healthy margins and room for adjustments if needed. Great use of diversification and dynamic management!
GBPUSD are continuing DOWN? It is similar to EURUSD. If, after a five-wave structure, we see three waves up, the GBPUSD pair is likely to continue its decline.
GBP/USD: Analysis , Can the Pound Find Support at 1.2400?The Pound Sterling is experiencing a sustained bearish trend, remaining under significant pressure following President-elect Donald Trump's recent announcement of a proposed 25% tariff on imports from Mexico and Canada, alongside a 10% increase on all imports from China to the United States. These developments are likely to strengthen the U.S. Dollar further, potentially driving the Pound and other currencies into another bearish phase against the Dollar.
As the market digests these tariff implications, investors are wary of the potential economic repercussions, especially as they pertain to trade relationships. The insistence on higher tariffs could lead to retaliatory measures from affected countries, creating uncertainty that weighs heavily on the Pound.
Looking ahead, analysts are closely watching the 1.2400 mark, which is recognized as a potential demand zone for the Pound. If the currency falls to this level, it may attract buying interest from traders looking to capitalize on a rebound. However, the overall sentiment appears to favor further bearish movement unless there are significant changes in the economic landscape or policy shifts.
In this volatile environment, market participants are advised to remain vigilant, as the unfolding situation may present both risks and opportunities.
✅ Please share your thoughts about GBP/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
