GBPUSD trade ideas
GBPUSD Swing Analysis Hello Traders
GU
1. Swing structure is Bearish
2. GU is currently in a retracement phase to form LH.
After a bearish BOS, I can identify premium levels, for possible short positions targeting the newly created swing low.
Internal structure is still bullish, therefor I am expecting a pull back into HTF-extreme zone
MY OPTION ABOUT GBPUSDMy option about gbpusd Is more bullish so that zone is good and strong support,if the price comes to that zone you buy
GBPUSD REVERSAL Technically:
GBPUSD is printing bearish divergence
GBPUSD break its last higher low
DXY is bullish
BXY is bearish
Fundamentally:
COT data of DXY adding long
COT data of BXY adding shorts
GBPUSD NFP WEEKWeekly is bearish, daily is also bearish and we have rejection both on area of interest and EMA . 4H is starting to go bearish, so now we will wait for 4h to make LL then start taking our sell trade on the retest up until our daily LL
GbpUsd ShortWaiting to short GU as shown in the chart 📈
As it grabbed some liquidity into an order block with the fvg waiting for it to react u might want to check it out
OUTLOOK GBPUSDThat's my outlook on GBPUSD, price is testing a volumetric zone and it has shown a sign of weakness.
however we do not have a completely short daily structure and this could push the price to test more premium zones.
I'm already positioned on this asset and I'll see what happens on the red dot
GBPUSD - BULLISH SIGNALS - BUYCALLGBPUSD - Bullish Confluences.
1- HH and HL (Dow Theory)
2- Formation of Bullish Flag Pattern
3- Market tested / respected 4H Support Level
4- Market took support of 0.382 FIB level (Coinciding with 4H support Level)
GBPUSD multi-timeframe analysisHi!
posting herewith "GBPUSD" multi-timeframe analysis, starting with the monthly time frame , next one is about 12M inside bars and important levels and will continue to drill it down till the 15min /1min tf, but it will take some time
pair broke an important tl in monthly tf and got resistance from the another tl, again got the support at the BO tl, so a very important junction
hope you will like the idea
thanks
GBP-USD Potential Long! Buy!
Hello,Traders!
GBP-USD is about to retest
A horizontal support level
Of 1.2365 and it is a strong
Level from where we will
Be expecting a bullish
Rebound and local move up
Buy!
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GBPUSD shorts?GBPUSD is on a downtrend, it has broken a low, created imbalance and has pulled back to fill up the imbalance and then continue on its original direction. We will wait for price to take out the liquidity and triger us in. Managing risks is one of the biggest strength a trader can have.
GBPUSD SELL1. wkly narative we are bearish hence we look for selling opportunities into the H4 key level for possible longs. expecting sells this week
SHORT Based on market structure, support and resistance, and fractal efficiency, Price tapped into previous resistance and couldn't break above it. Rather we saw a rejection that created lower lows and a tap in on resistance, showing we have a strong resistance pushing price down.
As resistance have been retested, target previous support as take profit zone
G/U will rise upcoming weekwith the 1W chart showing a strong Bullish FVG and Bullish IFVG, we can expect G/U to retest that area and move to the upside for maybe even the next few weeks.
GBPUSD Is Going Up! Buy!
Please, check our technical outlook for GBPUSD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.239.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.242 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
GBPUSD: Correction in Progress Before the Next Leg Up?GBPUSD has developed a five-wave structure to the upside, which I interpret as a potential wave A of a larger-degree Zigzag (ABC) correction on the higher timeframe. This suggests that the pair is in the midst of a corrective phase (wave B) before resuming its upward trajectory.
Currently, we are seeing a retracement, which aligns with typical Elliott Wave behavior following a strong impulse. Once this correction concludes, I anticipate a continued bullish move toward the 1.27700 level. This target is significant as it coincides with the fourth wave of the previous downward structure, a common Fibonacci retracement zone where corrections often end.
If wave B extends deeper, alternative scenarios may need to be considered, but for now, the bullish outlook remains intact.
Wave count idea for GBPUSDWave count idea for GBPUSD, This is not speculating advice is just for practice wave counts
GBPUSD….Downtrend likely to resume From a top down analysis GU is on a downtrend since the 1.34 September high last year. Now we’ve a corrective rally from the 1.20975 low from the 13th Jan till the months end. Now we’re looking primed to resume the overall bearish trend
GBPUSD BUY AT DEMAND ZONE SMART MONEY CONCEPT Here on Gbptusd price form a demend at around level of 1.21994 and is likely to buy more so trader should go for long and expect profit target of 1.24906 and 1.24906 with stoploss of 1.20393 . Use money management
GBP_USD LONG FROM SUPPORT|
✅GBP_USD is going down to retest a horizontal support of 1.2360
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above at 1.2425
LONG🚀
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That worked wellWe took the Sell
- 2am EST
- 4hrLV
- Above Asia
Tp at 43 pips.
There was then a buy in NYK,
From Old Low to 4hrRB.
GBPUSD Bearish Continuation – Targeting 1.22100OANDA:GBPUSD is trading within a descending channel, indicating the continuation of the bearish trend. The price recently rejected the upper boundary of the channel, which aligns with a key resistance zone. This confirmed rejection suggests the potential for further downside, with the next target around the 1.22100 level.
The bearish scenario assumes that the price respects the descending channel and maintains its downward momentum. A clear move below minor support zones along the way could further confirm this bearish continuation. However, a break above the channel would invalidate this setup and indicate potential bullish pressure.
Let me know your thoughts or if you have an alternative perspective!
