British Pound / U.S. Dollar

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GBPUSD Idea: GBPUSD(Complex Structure) This Analysis gives Short term and Long term View of the Market..You are allow to comment below about any question relating to the 10 Elite Pairs that We Trade.Follow us for more chart Analysis.ENJOY!!


GBPUSD if we close somewhere round here tonight, we go for 1.31 tomorrow




GBPUSD 2hours of holding shorts just to see be in 5 mins lool


The only way we can get closer to the 1.32 area this week is if we close above 1.30 tonight. Looking at last month's tariffs, we can easily figure out that we should be hitting around 120 pips on average per day until NFP. Especially after such a long consolidation the breakout should be strong. 1.32 that's where 100 EMA sits

GBPUSD
GBPUSD Intraday Trade Setups

๐ŸŸข Intraday Buy Trade Setup

Entry: ๐ŸŽฏ 1.29379
Stop Loss: ๐Ÿ”ด 1.29220 (-15.9 pips)
Take Profit 1: ๐Ÿ“ˆ 1.29540 (+16.1 pips)
Take Profit 2: ๐Ÿ“ˆ 1.29690 (+31.1 pips)

Reason:

Aligns with 61.8% Fibonacci retracement of March rally
Strong daily support at 1.29300-1.29420 zone

๐Ÿ”ด Intraday Sell Trade Setup

Entry: ๐ŸŽฏ 1.29523
Stop Loss: ๐Ÿ”ด 1.29680 (+15.7 pips)
Take Profit 1: ๐Ÿ“‰ 1.29300 (-22.3 pips)
Take Profit 2: ๐Ÿ“‰ 1.29150 (-37.3 pips)

Reason:

Confluence of 127.2% Fibonacci extension & daily resistance at 1.29500-1.29600
Bearish rejection candlestick pattern observed