Small movement This is a trade for a very small movement, GBPUSD before market opens, dont know what else to say just wanted to share my trade
GBPUSD trade ideas
GBPUSD, Triple Bottom with Bullish DivergenceBearish Trend
Rejected from Weekly Support
Triple Bottom Formation
Bullish Divergence
Expected Bullish Move
Buy @ CMP
SL Below Support Level
Target 1:1
GBPUSD Start thinking of buying. Will find support soon.The GBPUSD pair couldn't have given us a better sell signal last time we looked into it (October 09, see chart below) as it broke first below the 1D MA50 (blue trend-line) then the Bullish Megaphone and is very close to our 1.2550 Target:
We are approaching the stage where selling becomes far riskier than buying as the pair is approaching the 0.786 Fibonacci retracement level, which on the September - October 2023 fractal (that has been the basis of our previous sell strategy), formed the bottom and initiated a Channel Up to the (orange) 0.618 Fib.
Even the 1D MACD indicates that we are probably a few days before this bottom is formed and will be confirmed with a Bullish Cross.
As a result, we are prepared to take this long and target 1.3100 (the 0.618 Fib).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
DeGRAM | GBPUSD rebound from supportGBPUSD is under the trend lines in a descending channel.
The chart has already reached the lower boundary of the channel.
The price has held above the support level.
We expect a bounce from the support level to the 50% retracement level.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
GBPUSD Analysis And Next MArket Move Pair Name = GBPUSD
Timeframe = 2H
Analysis = technical + fundamentals
Trend = Bullish
Details :-
GBPUSD is ready to bounce back after a good drop. Here expecting 200Pips+ gain after the breakout. GBP is getting stronger according fundamentals that's why we can see this move.
Bullish Target :-
1.28
1.29
GBP/USD 30-Minute GBP/USD 30-Minute Chart Analysis with Friday's Economic Events
This GBP/USD chart shows a long setup based on technical levels and key economic events for Friday, November 15. The price has been trading near a support zone around 1.2662, and with today’s economic reports, there’s potential for bullish movement.
Key Targets and Levels:
CPI High (Wednesday): I’m using Wednesday's CPI report’s 30-minute high as an upper resistance target, as it still represents a significant level from mid-week.
Monday Low: The low point from Monday at 1.2856 remains a high-probability target if bullish momentum continues.
Economic Events on Friday (November 15): Today's economic data, reflected on Forex Factory, includes reports that could impact GBP/USD’s movement. These reports are likely to drive volatility, giving potential for price action to reach the identified levels.
This setup aligns with the risk-to-reward strategy, with the stop loss below support in case of reversal.
GBPUSD → The fall after the breakdown will intensifyFX:GBPUSD continues to fall downwards. The price is testing the strong support at 1.267 and forms a false breakdown. The dollar is losing ground a bit in the meantime....
Theoretically, the currency pair after the false breakdown can form a correction (a trap or a crowd trick) before a further fall. Zones of interest in our case could be 1.272, 1.277, 1.28.
Fundamentally, the situation is not the best, the pressure on the pound, on the background of the dollar rally, is present more than enough, accordingly, in the medium term we should expect a continuation of the fall. The trigger for this could be a false breakdown of resistance or a breakdown of 1.267 and consolidation below this zone.
Support levels: 1.267, 1.261, 1,25
Resistance levels: 1.272, 1.277
We need to watch the price reaction to these key levels. If bears hold 1.267 and consolidate their positions below this zone, the fall will happen sooner.
Regards R. Linda!
GBPUSD | 15.11.2024BUY 1.26600 | STOP 1.25800 | TAKE 1.27600 | A reversal of the local trend from the level of strong support is expected to form.
GBPUSD sell ?Yesterday we hit fib level where we reject and got very late rejection (after powell)
Trend is downtrend
Lets hope wave completes !
GL
GBPUSD EXPECTATIONS!!!!!!GBPUSD is still in bearish trend overall am expecting to see price revisit or retest back into the fvg zone at 1.27646 then make a strong rejections from that zone to the sell side at 1.25489 i will only be looking out for sell on GBPUSD
LETS KNOW YOUR THOUGHTS ON THIS...........
GBPUSDA straight line upside coming... 1.30 target incoming..
GBP is the Strongest this coming Quarter.. So this be the start on a new leg up!
GBPUSDHello Traders! 👋
What are your thoughts on GBPUSD?
This currency pair, after its recent decline and breaking through support levels, has now reached a key support zone. A corrective move and a pullback toward the broken levels are anticipated from this area. Once the correction is complete, the price is likely to resume its downward trend.
Don’t forget to like and share your thoughts in the comments! ❤️
Slow and steady rise to 1.30 after breakdown - read notes.Slow and steady rise provided we close above channel level 1.2755. Looks like will continue to slowly rise all the way to 1.30 before big breakdown.
Assumptions here are that BOE has to cut rates next meeting given inflation almost near 2% and unemployment still increasing - economy struggling to garner support though retail sales will be boosted with Black Friday and the holiday season spend.
However, the rise will only be limited till the Fed December meeting and should they pause on a further cut; GBP will revert back to bearish. Should the Fed cut interest rates as well, we may see GBP sustain over 1.30.
Short timeframe long GBPUSD - longer timeframe very undecided and risky so please trade with tighter stop losses.
All the best everyone!
GBPJPY Long IdeaWith the DXY hovering around significant supply zones, coupled with the cable being primed for a push up to 1.27192 and possibly beyond, we can theoretically map out a path for bulls to hold serve until the High time frame key levels. This potential push up could bring fruitful shorts in the near future. However, I’m bullish on lower time frames. Happy Trading.
GBPUSD Such a Easy Peezy Sell setupHello Guys just now i found one of the easiest setup forming for the downside target at 1.2614
entry can be taken just above 1.2688 level with a Strict stoploss at 1.2720 level.
Guys we are in the end of the week and we have already made a hell lot of move towards one direction, even we have a British pound GDP data release, setup is easy but please expect risk of retracement and keep risk low. However this is a perfect setup to go short with.
if any help needed or any query just a message away
Have a nice great day :)
