GBPUSD Interesting that catalysts are aligned with bears!
British Pound / U.S. Dollar forum
๏ปฟGBPUSD Interesting that catalysts are aligned with bears!
GBPUSD what a clean entry - forgot to share but when it got to the 25% you will see there was a bearish engulfing that happened - now to see if it will hold
GBPUSD SL adjusted again risk free trades running and if I get taken out I am good
GBPUSD The market never lies, it simply reflects behaviour. And right now, the behaviour around GBP/USD suggests one thing: bearish momentum.Idea: GBP/USD 4H Analysis โ Bearish โฆ
GBPUSD 2/2 ๐ Summary of Key Levels
๐ Daily & 4-Hour Support and Resistance
Daily Support: 1.31400
Daily Resistance: 1.34442
4-Hour Support: 1.3200
4-Hour Resistance: 1.3350
๐ Exponential Moving Average (EMA) Levels
Daily EMA Levels:
EMA 50: 1.3310
EMA 100: 1.3285
EMA 200: 1.3240
EMA 400: 1.3200
4-Hour EMA Levels:
EMA 50: 1.3325
EMA 100: 1.3300
EMA 200: 1.3260
EMA 400: 1.3220
๐ Weekly Pivots
Pivot Point: 1.3280
Support Levels: 1.3200, 1.3150, 1.3100
Resistance Levels: 1.3350, 1.3400, 1.3450
๐ Daily Pivots
Pivot Point: 1.3310
Support Levels: 1.3280, 1.3250, 1.3220
Resistance Levels: 1.3340, 1.3360, 1.3380
๐ Fibonacci Retracement Levels
23.6%: 1.3350
38.2%: 1.3275
61.8%: 1.3200
๐ Fundamental Analysis and Upcoming USD News
Looking ahead, several key USD news events could significantly impact the GBPUSD market:
Inflation Data Release: Scheduled for May 20, 2025, which may affect Federal Reserve monetary policy.
Interest Rate Decision: Set for May 25, 2025, where any changes could lead to increased volatility in GBPUSD prices.
Employment Reports: Expected on May 30, 2025, providing insights into the overall economic health.
These upcoming events are crucial, as they can lead to significant price movements in the GBPUSD market, influencing trading strategies.
๐ Conclusion
Today's analysis of GBPUSD highlights essential support and resistance levels, key technical indicators, and upcoming fundamental news that traders should consider. Staying informed and adjusting strategies based on market conditions is vital for success in the GBPUSD market.
GBPUSD 1/1 ๐ฌ๐ง GBPUSD Daily Market AnalysisโMay 16, 2025
๐ Market Analysis Section
๐ Current Market Overview
As of today, the live price of GBPUSD is 1.33326 USD. This analysis will provide a detailed examination of both the daily and 4-hour time frames, utilizing various technical indicators, including Fibonacci retracement levels, exponential moving averages (EMAs), RSI divergence, order blocks, and MACD.
๐ Key Indicators Overview
๐ Support & Resistance Levels
Understanding support and resistance levels is crucial for identifying potential trading opportunities. Here are the key levels for both daily and 4-hour time frames:
Daily Time Frame:
Support Level: 1.31400 (Swing Low)
Resistance Level: 1.34442 (Swing High)
4-Hour Time Frame:
Support Level: 1.3200
Resistance Level: 1.3350
๐ Fibonacci Retracement Levels
Fibonacci retracement levels help identify potential reversal points based on the recent price swings. The key levels based on the daily swing high and low are:
Swing High: 1.34442
Swing Low: 1.31400
Fibonacci Levels:
23.6%: 1.3350
38.2%: 1.3275
61.8%: 1.3200
๐ Exponential Moving Averages (EMA)
The EMA indicators assist in assessing trend direction and potential support/resistance zones.
Daily Time Frame:
EMA 50: 1.3310
EMA 100: 1.3285
EMA 200: 1.3240
EMA 400: 1.3200
4-Hour Time Frame:
EMA 50: 1.3325
EMA 100: 1.3300
EMA 200: 1.3260
EMA 400: 1.3220
๐ RSI Divergence
The Relative Strength Index (RSI) is currently at 52, indicating a neutral market. However, any divergence could signal potential price reversals, warranting close monitoring.
๐ฆ Order Blocks
Order blocks indicate areas where institutional traders have previously placed significant buy or sell orders.
Order Block Support: 1.3200
Order Block Resistance: 1.3350
๐ MACD Analysis
The MACD indicator shows a bullish crossover, suggesting potential upward momentum. Traders should be cautious and look for confirmation before entering positions.
GBPUSD Ah! bears have just cooked! +40 PIP, ll take partials now and let run. We got news fellas!
GBPUSD Second position at BE and main trade SL adjusted to second entry 1.32951If we can close below the low we good to hold
GBPUSD If price can't break below the 1.32832 level and creates a double bottom, I will be looking for longs, until then, I will be waiting patiently.OR if it dips below, taking liquidity, and we start to have a momentum shift to the upside, I will look for longs also (after confirmation).
GBPUSD I am entering again if this candle close with bearish or will wait further - price is stalling as expected so far now I just need a pushI have entered another sell with my adjusted SL at 1.33039 for both positions
