[Vienmelodic] GBPUSD 16 Dec 2024 SetupGBPUSD The GBP/USD market structure is still in a downtrend, with no signs of a reversal yet. I am attempting to open a short position in the supply area with a Risk-to-Reward Ratio (RRR) of 1:3, as shown in the chart image.Shortby vienmelodic2Updated 4
GBPUSD: Classic Long From Support 🇬🇧🇺🇸 GBPUSD may pull back from a key daily horizontal support. As a confirmation, I see a confirmed bullish breakout of a neckline of a double bottom pattern on an hourly. Goal - 1.2664 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader115
GBPUSD DID WHAT I EXPECTED IT TO DOGBPUSD , has done what i expected it to do. I wanted it to break structure . and retrace to fill up the FVG(imbalance), So the Bulls can have a 61.8% discount price to enter. Its a perfect entry moment . Entry, Take Profit and Stop loss are clearly marked out on the Chat. GOOD LUCK GUYS!by Akpambang6
GBPUSD longs after liquidity grabprepping for longs after inducements got some liquidity to take out then longs for a bit by Denver_estabrooks3
GBPUSD SELL ANALYSIS HEAD AND SHOULDER PATTERNHere on Gbpusd price form head and shoulder pattern and is likely to go up so as the line 1.25977 has broken trader should go for short with expected profit target of 1.25128 and 1.24253 . Use money managementShortby FrankFx143
GBPUSD Potential SupportGBPUSD Bearish Trend From Current Price 1.261000 The levels You are Watch Potential Support are 1. 1st Support 1.26270 2. 2nd Support 1.25560 The Price will Expected to Move to These support levels will be important for our. Make sure to keep an eye on these Target. Rate Share Your Idea What's Going On Thanks.Shortby FxJennefirUpdated 4
Daily Analysis of GBP to USD – Issue 172The analyst believes that the price of { GBPUSD } will increase in the next 24 hours. This prediction is based on quantitative analysis of the price trend. Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.Longby MoonriseTA3
GBP/USD Long/Short ScenariosThis are the scenarios I will be following in the incoming 2-4 of weeks. GU has touched the 1.2500 support level for the second time in the last 30 days. 1.2500 it's an important level for the pair, as if it breaks down the next target level is the 8 months old 1.2300 level which is also the 100% retracement from the previous HL/HH. Scenario 1 Lon g: I will be looking to buy at successful break of 1.2800 and EMA100 + Candle patterns and a catalyst to confirm the move. I will be targeting 1.3000 and 1.3300 Stop loss around 1.2750 Scenario 2 Short: For the short scenario I will wait to see the price coming back and re-test the 1.2500 level before I look for an entry. Take profit 1 will be at 1.2300, Take profit 2 (14 months old low) 1.2000 And Stop Loss just above 1.2500 I will also use the same targets and levels for Day Trading I hope you find this information useful and feedback is welcome. Merry Christmas and Happy New Year by Don_Bob4
DEC 18 GBPUSD SELL TRADE ACTIVATEDThis is a classic move when you know wyckoff schematics ( supply and demand) . I am checking gbpusd since november, it was only this december that the movement gets slow motion. This was an evidence for me to go bearish once I had a validity in lower timeframe. FAST FORWARD: Dec 12-16 MOVE was a confirmation for me to look for short trades, If you will notice here in my chart : order block was created (supply). I marked it as my POI , Look for validity and EQH---> sell limit activated with a beautiful 1:5RR. (check chart for complete details) . #wyckoffianttrader #profitablesystem #psychology.Shortby glyrad3
Sell gbpusdWe are in downtrend in higher timeframe we will sell at ltf confirmation to swing but if price go back inside the pattern no more sellShortby hashimsani014
GbpusdThe most important thing is for the trader to stick to the stop loss. Shortby Psychologicaltrader14
GBPUSDHi Traders This is Overview of GBPUSD Market. What's are you Thoughts about GBPUSD Price will These has been shared. Key Levels Resistance Zone 1.26250 Support Zone 1.24300 Lets Like and Comments Share your idea in Comments.Shortby majestic_Gold_Traders5
Bearish drop?GBP/USD is reacting off the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.2615 Why we like it: There is an overlap resistance level that aligns with the 50% Fibonacci retracement. Stop loss: 1.2725 Why we like it: There is an overlap resistance level. Take profit: 1.2486 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.Shortby VantageMarkets3
GBPUSD TRADE SETUPPair: GBPUSD ✔ Classic Bearish formation GBPUSD is holding continuous down Trend so after market retracement I can take sell entry. If your analysis matches it take a trade otherwise skip the trade. "💖 Show your love by liking & leaving a comment! Your support means the world to us! 💖"Shortby Forex_bank_Liquidity3
GBPUSD POTENTIAL SELLPreviously on GBPUSD SELL and their is a retracement and a ejection at 50% fib level of the retracement which indicate the continuation to the downside, if you check the dxy it's at a verge of resuming the upside movementShortby AMBAFX4
GBP/USD Sell Setup Incoming!!we can clearly see a nice formation of a bearish structure on the monthly timeframe which is consistent with the weekly structure we also a key monumental shift on the EMA crossover and the price is now below the trendline So as the DXY (Dollar index) continue to rise we shall see GBPUSD continue lower and currently we have multiple confirmation in higher structure confirming the probability setup Use proper risk management!! stop loss anywhere at 1.29000 level seem okey!! target 1.21500 Make sure you follow me for more updatesShortby ShinForex1Updated 3
GBPUSDGBPUSD ( British Pound / U.S Dollar ) Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame Order Blockby ForexDetective5
GBPUSD BULLISH After we got a correction in waves A and B, we now wait for wave C Longby walidchoeli7
GBPUSD good risk & reward detected...opportunity to sellJudging from daily candle, GU closed at strong bearish on last Friday. I'm expecting a healthy retracement during Asian session today and probably will continue retracement during Europe session. I'm looking for sell entry in the sell zone marked on the chart. Of course my decision will be depending on price action in a lower time frame. I'm waiting any reversal pattern inside the sell zone in the lower time frame. Good luck Shortby azmi12321Updated 2
GBPUSD SELLOverall trend for GBPUSD is downtrend and it at a point of strong resistance in line with the ascending channel resistance and also bearish head and shoulder pattern in 4hours time frame. so for me it a long term sell right away. Shortby JAMESLORDBUpdated 2
GBPUSD - continue its downward trendDear Investors, The GBP/USD pair has rebounded after losing over 1% following the Federal Reserve's aggressive rate cut on Wednesday, currently trading around 1.2590 during Thursday's Asian session. From a technical perspective, this recovery is likely to be short-lived, stemming from the strong support zone at 1.2567, rather than signaling a sustained rebound. Sellers could easily regain control, especially after breaking below the key level of 1.2645. Moreover, the 34-period EMA shows no signs of a significant reversal, suggesting the price might accelerate towards the next support level at 1.2486. Attention remains on the immediate resistance at 1.2615, as any failure to hold this level could lead to an earlier-than-expected decline. Stay alert and plan accordingly!Shortby Trader-BriannnnUpdated 3
UPDATE ON GBP/USD TRADE FROM SSGBP/USD 1H - As you can see price came to trade down and into the Demand Zone below and has since pushed up breaking structure to the upside and delivering us with the bullishness we predicted. Price has also given us a second chance to enter in on this market since the break of structure to the upside for those of you who are less pre-emptive and wait for further confirmation, ie the BOS. This trade is running + 90 pips. (+ 4.4%) 4.4RR You will notice that after the BOS price then came back down to re-test the are that was initially broken, this is a classic break and re-test trade where price comes to test the area of interest before trading higher. You will notice that there is an area of Demand that was there ready to be cleared and it was but it also an area of Support that was once acting as an area of Resistance, giving us that classic break and re-test trading opportunity.Longby Lukegforex2