GBPUSD BUYWaiting for Volume & Structure Breaks for now - Last Targets @ 1.3000 - Average Targets (TP) @ 1.28Longby fxnord2
GBPUSDLooking for retest in my zone to entry this trade I will set up a buy limit, pretty confident on this one since is a key level. Let’s see Longby FXCRYPTOPAPI2
GBPUSDMarket is like The Universe. We keep exploring. We discover new things. That does not mean old and past things are outdated. Our understanding has just got better.by Bishnu_Newar2
GBPUSD pullback a bit to make setup stronger. Buy now Credit to SetupsFX for finding this one earlier. Price has swept back a little , but I have detected the breakout on 1m timeframe. Price is moving bullishly via these yellow volumised orderblocks. Longby Easy_Explosive_TradingUpdated 1
GBPUSD Potential Long TradeGBPUSD hitting monthly support 1.26 to retest at the bottom of bullish channel after punching through the roof of the down supertrend, hovering on the middle of the bollinger band. Potential rejection and reversal to the upside towards resistance levels 1.36, 1.42, and 1.48.Longby JoeBigBoi2
GBP/USD Poised for a Bearish BreakoutThe GBP/USD pair is navigating within a rising channel, currently trading around 1.2655. Despite its attempts to maintain bullish momentum, the chart suggests a weakening trend. Key resistance levels near 1.2670 have acted as barriers, with price rejections forming at these highs, as indicated by the red arrows. The moving averages (EMA) reinforce the downside scenario, as price action struggles to stay above the mid-line of the channel. A failure to hold above 1.2650 could pave the way for a deeper correction. If a bearish breakout occurs, the next significant support lies near 1.2550. For traders, watch for price action near the channel’s lower boundary. A break below this zone might confirm a shift in sentiment, targeting further downside. The overall outlook remains bearish unless the pair decisively reclaims the upper range of 1.2675. Shortby Pierce_BowersUpdated 2
British Pound / U.S. DollarHello dear traders, Fereydoon Bahrami, and here is the amazing chart of the British pound. This profitable currency, after experiencing a CHoCH and taking an upward trend, is now ready to provide us with an excellent reward, similar to DXY. In this upward path, I have identified great buying opportunities in this bullish leg, and as soon as I receive the necessary confirmations for the trend to change towards the BOS, I will share them here. Dear friends, the daily chart is very important for banks and institutions, as the candlesticks on the daily chart do not create significant changes with each large-volume buy or sell, thus masking their footprints. However, if you pay attention to a 5-minute candlestick, if a bank wants to execute all its purchases, it can either rise or fall sharply, similar to a news candlestick, making it easily traceable. For this purpose, they allocate the main analysis to the daily chart and carry out purchases throughout the day in various time frames while maintaining them until the main daily target is achieved. Therefore, dear friends, the daily chart is very significant, and make sure to gauge stop losses using daily candlesticks while striving to execute the best buys and sells. I hope I have effectively conveyed the importance of the daily chart to you. My friends, the chart is drawn in a very simple and clear manner so that you can utilize it without confusion. Thank you very much, Fereydoon Bahrami "A retail trader in the Wall Street trading center (Forex)."by fereydoon11992
Shorting GUShorting GU Institutional order is bearish on D and 4h. Possible OHLC on both time frameShortby Paul_FRXUpdated 1
GBPUSD | 18.11.2024BUY 1.26300 | STOP 1.25700 | TAKE 1.26900 | On the chart, the GBPUSD pair is consolidating, holding well below the support line of the ascending medium-term trend channel. Today we expect a corrective movement upward to the level of 1.27000.Longby ProPhiTradeUpdated 1
GBP/USD LONG 15M TF🚀The Atom Signals Trading View Indicator is a sophisticated tool designed for traders seeking to enhance their market analysis and trading strategies. Developed with the intention of providing clear and actionable signals, this indicator leverages a blend of technical analysis techniques to identify potential entry and exit points in the market. It aims to simplify the decision-making process by offering visual cues and alerts, which can be particularly valuable for both novice and experienced traders.🤖 🚀Key features of the Atom Signals Indicator include its adaptability to various trading styles—whether you're a day trader, swing trader, or long-term investor. By incorporating elements like trend detection, momentum analysis, and support/resistance levels, it provides a comprehensive overview of market conditions. This versatility makes it a useful addition to any trader's toolkit, regardless of the asset class they are focusing on, be it stocks, forex, cryptocurrencies, or commodities.🤖 🚀With its user-friendly interface on Trading View, the Atom Signals Indicator is accessible to traders of all experience levels. It not only aids in identifying trading opportunities but also assists in managing risk by highlighting potential reversals or consolidations. Whether you're looking to fine-tune your strategy or gain a fresh perspective on market movements, the Atom Signals Trading View Indicator offers a valuable resource for informed decision-making in the fast-paced world of trading.🤖 Based on the indicator we predict as shown in the charts. You can check the indicator. 🚀Good Luck!Longby atom_signals_indicator1
GBP/USD continues the downtrendOn GBP/USD , it's nice to see a strong sell-off from the price of 1.26740 and 1.27410. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. Downtrend and high volume cluster are the main reasons for my decision to go short on this trade. Happy trading, Daleby Trader_Dale1
GBPUSD ShortLooking to potentially short GBPUSD from the supply zone above. Gonna be waiting for a lower timeframe CHOCH when price taps in and will look to ride it out to the equal structure lowsShortby justcool6281
gbpusd 15 minute potential buyscalp potential buyscalp identified . based on previous analysis . entry at 5 minute . potential retest back to OB .Longby charterprice3
GBPUSD SHORT BIASIn the saying of "the trend is your friend", it wouldn't be advisable to go against the downward plummeting of most major pairs right now. The only way you can make money is when you align yourself with the direction of the trend. There's a disturbing Counter Trendline view that is currently giving price movement some headache however, judging with the strength of the fall, there's a huge possibility the trendline doesn't hold. Retracement = Right Entry Patience = Retracement Therefore, Patience = Right Entry That's some logic I did there! Using the 50fib level of the FVG on the 4H, there should be a "Tap out" of the Breaker candle, in order to build maximum momentum for the break of the Counter Trendline, giving us a justified position into the Short trend of the market currently. The dollar ain't done in strength yet!Shortby Iron-D2
The Pound’s Downward Spiral: Are Bears Calling the Shots?Ah, the British Pound versus the mighty US Dollar. A tale as old as time, or at least as old as the forex market. Lately, though, it seems like the Pound is auditioning for the next big bear market. Grab your tea (or coffee if you’ve gone full American), and let’s dive into why GBP/USD might be heading south faster than you can say " Brexit chaos. " 🏴☠️ 1. Fibonacci Says: 'Resistance is Futile!' 🧮✨ First off, let’s talk about Fibonacci retracement. If you’re not familiar, it’s like the "Instagram filter" for price action—bringing clarity to an otherwise messy picture. Right now, the GBP/USD is dancing precariously around the 50% retracement level at 1.24376. But here’s the kicker: the Pound has already given us the cold shoulder at 1.27573 (the golden 61.8% retracement). Think of it like an ex texting "I’ve changed" and then ghosting you again. Classic. 📵 Unless GBP/USD can reclaim these levels, it’s giving major "let’s break down" vibes. 🚨 2. Descending Triangle of Doom ⚠️🔺 Triangles in forex can mean two things: continuation or reversal. This one? A big ol’ descending triangle, aka the bearish powerhouse. Lower highs are stacking up like unfulfilled New Year’s resolutions, and price action is squished tighter than a London Tube during rush hour. 🐜 The triangle breakdown looks inevitable, and when it does, it might not just be a stumble—it’ll be a swan dive into bearish waters. 🏊♂️💦 Target? Let’s just say 1.18379 and 1.12692 are waving hello from below. 👋 3. RSI: 'Oversold? Hold My Tea!' ☕📊 The RSI indicator is hovering dangerously close to oversold territory (around 30), whispering, "Hey, maybe the bears need a breather?" But don’t let it fool you. This isn’t a reason to buy blindly—it’s like seeing dark clouds and hoping for a rainbow instead of a thunderstorm. 🌈⚡ Unless the RSI shows a clear divergence (spoiler: it doesn’t), the downtrend could easily keep rolling like a snowball turning into an avalanche. ❄️⛰️ 4. Support Levels: The Bear’s Playground 🐻🎢 Looking ahead, the key support zones are sitting pretty at: 1.18379 (38.2% Fib): A potential pit stop. 1.12692 (23.6% Fib): Bears are probably circling this like vultures. 🦅 If you’re bullish, it’s time to sit tight. And if you’re bearish, you’re probably popping champagne already. 🍾 What Could Go Right? (AKA, the Bullish Plot Twist) 🐂✨ Okay, let’s not totally rule out the bullish counterattack. If the Pound miraculously pushes back above 1.27573 (the golden retracement), the bears might pack up and head for hibernation. But that’s a big if—like "the UK rejoining the EU" levels of unlikely. 😅 Conclusion: Will the Pound Pound Lower? 🥊📉 The stars—or in this case, Fibonacci levels and triangle patterns—are aligning for a bearish continuation. GBP/USD is looking more like a short than a "diamond in the rough." Unless it stages an Oscar-worthy comeback above 1.27573, this currency pair is poised to fall faster than a bad political speech. 🎭🎤 Bearish Action Plan 🐻📌 Wait for the triangle to break down: Confirmation is key—no guessing games here. Target 1.18379 and 1.12692: These levels are your guiding stars. Stop losses above 1.27573: Let’s not fight the inevitable if the bulls wake up. So, are you ready to ride the bear? Or are you hoping for a bull to save the day? Let me know below—because as we all know, trading is 90% strategy and 10% memes. 😜📈 Shortby EdgeDotForex1
GBPUSD Trade PlanChart shows a bullish divergence between price and RSI, alongside an inverse head and shoulders pattern, indicating a potential bullish reversal. The trade setup suggests a buy stop above the neckline at 1.27268, with a stop loss at 1.25861 (below the lower low). Profit targets are TP1 at 1.28680 (first resistance) and TP2 at 1.30080 (higher resistance). Ensure confirmation with a strong breakout above the neckline. Partial profits can be taken at TP1, moving the stop loss to breakeven for a risk-free trade. If the price closes below 1.25861, the setup is invalidated, and no entry should be made.Longby Naqash160461
GBPUSD SELL NOW!!!!GBPUSD formed a bearish flag pattern on the 4h time frame generally during a top down analysis GBPUSD is in downtrend am expecting a steady price drop to creates new lows my goal target is 1.21657 Shortby CAPTAINFX21
GBPUSD - The pound, vulnerable to financial policies?!The GBPUSD currency pair is below the EMA200 and EMA50 in the 4H timeframe and is moving in its downward channel. If the downward trend continues due to the release of today's economic data, we can see the demand zones and buy within those zones with the appropriate risk reward. In case of an upward correction, this currency pair can be sold within the specified supply zones. The UK government has quietly abandoned the Conservatives’ plan for managing pension accounts. This plan, introduced by former Chancellor Jeremy Hunt, aimed to address the issue of small, lost pension accounts. However, it faced widespread criticism from the savings industry. Instead, the new government has decided to focus on launching a pension dashboard to help individuals track their missing savings. Additionally, Rachel Reeves, Hunt’s successor, has announced plans for “megafunds” to consolidate the fragmented state of the current pension system. In October, the UK’s public sector net borrowing rose to £17.4 billion, significantly exceeding the £12.9 billion forecast and the previous figure of £16.6 billion. Excluding banking groups, the figure also stood at £17.4 billion, surpassing the earlier estimate of £13.3 billion. This increase in borrowing highlights the government’s growing need for financial resources and could impact future fiscal policies. Natural gas prices in the UK have reached their highest levels compared to European benchmarks since late 2021. This reflects the country’s heightened vulnerability to cold weather due to a lack of large storage sites. While futures contracts have shown little movement, they remain near last year’s peak levels. Additionally, natural gas prices have risen by over 15% so far in November, further emphasizing the fragility of the UK’s gas market. Mann, a member of the Bank of England, has expressed concerns about exchange rate volatility.She described a 1% rate cut as overly aggressive and suggested that decisions on reducing interest rates should be postponed until economic conditions stabilize. She emphasized that significant monetary changes should only occur based on robust data and evidence. Meanwhile, at TD Securities, a team of strategists led by Oscar Munoz and Gennadiy Goldberg expects the Federal Reserve to halt rate cuts in the first half of 2025, as central bank policymakers assess the impact of Trump’s policies. Similarly, interest rate strategists at JPMorgan have adjusted their expectations for the Fed. Broadly speaking, potential conflicts between the Federal Reserve and Trump’s White House seem highly likely, given that Trump’s policies could clash with monetary policies focused on curbing growth and reducing inflation.Shortby Ali_PSND2
GBPUSD SHORT FROM OBTrading Strategy Ideas Long Position: Consider a buy entry if GBP/USD closes above the trendline resistance with momentum, targeting 1.3040 - 1.3050 as the next resistance. A stop-loss below the 1.2950 support would reduce risk. Short Position: If the price gets rejected at the resistance and breaks below 1.2950, a short position could be viable, aiming for the next support at around 1.2800 or lower.Shortby HorazioUpdated 113
GBPUSD Buy OpportunityKey Observations: Support Zone (Highlighted in Green): A demand zone has been marked between 1.2625 and 1.2639, indicating previous buying interest. The user is waiting for the price to reach this area before considering a buy trade. Resistance Zone (Highlighted in Green): A supply zone near 1.2720 shows prior selling pressure, marking a significant level for potential profit-taking. Market Structure: The price has completed a zigzag pattern, making higher highs and higher lows, followed by a corrective move downward. The downward move suggests a retracement toward the support zone. Buying Strategy: The user plans to execute a buy trade near 1.2639, expecting a reversal in this demand zone. They anticipate the price rebounding toward the resistance zone. Potential Scenarios: Bullish Reversal: If the price reacts positively at 1.2639–1.2625, it could trigger a strong upward move toward the 1.2700–1.2720 zone. Break Below Support: If the price fails to hold above 1.2625, it may signal further bearish momentum, invalidating the buy setup. Key Levels: Support: 1.2625–1.2639 (Demand zone) Resistance: 1.2700–1.2720 (Supply zone) Recommendations: Monitor price action closely near the demand zone. Look for bullish reversal patterns (e.g., engulfing candles, double bottoms) before entering a buy trade. Set a stop-loss below 1.2620 to manage risk.by ashif0302
GBPUSD BUYgoing to the upside inflation data came out positive been oversold for a long time, time to correct itself Longby Hedge_King1
GBP-USD Swing Long! Buy! Hello,Traders! GBP-USD is already making A bullish rebound from the Long-term rising support so We are bullish biased And we will be expecting Some further growth Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals2
GBP/USD Trade Setup The GBP/USD pair is moving in a descending channel, and recent price action suggests that further downside movement could be on the horizon. 🔻 Trade Details: Take Profit: 1.2643 Stop Loss: 1.2739 This is a short-term position based on technical analysis. GBPUSD, SHORT Shortby Charts_M7MUpdated 116