buyThe price is on the daily trendline and in the range of 0.71 Fibonacci retracement, and it has already had good reactions from this level.
GBPUSD_SPT trade ideas
GBP/USD LOOKING FOR MORE SALES As you can see Trump has allready win the USA elections that this will be sometingn positive for all the markets with the us dollar in this case the GBP/USD that created a simple order block loocking for more sales and you can confirm your entries in lower timeframes to be more sure to take the sale entries.
GBP/USD LOOKING FOR MORE SALES As you can see Trump has allready win the USA elections that this will be sometingn positive for all the markets with the us dollar in this case the GBP/USD that created a simple order block loocking for more sales and you can confirm your entries in lower timeframes to be more sure to take the sale entries.
GBPUSD set-up buy....Liquidity has been grabbed expect a bullish impulse...
Apply risk management as usual...🤝
GBPUSD 160+ Pip ShortGBPUSD is in a down trend on the 4h chart.
Strong equal highs have formed on the 15m chart.
Wait for price to break these highs to unlock the liquidity and then look for short entry opportunities to continue the short trade targeting the 4h LL.
WHAT'S FLOWING (TRADE & TRAVEL): TRUMP IS PRESIDENT / STOCKS UP USDCHF (Buy): Strong buy signal; we see accumulation near key support levels, potentially indicating upward momentum.
EXY (Sell) : Bearish sentiment as the chart suggests downward pressure, possibly moving toward recent lows.
USDILS (Sell): Selling signal; volume profile hints at continued selling as the asset moves lower.
GBPUSD (Sell): Selling pressure is present here as well, with potential for further downside.
XAUUSD (Sell): Gold is showing bearish activity, possibly due to stronger USD, with indicators suggesting further declines.
Brent Crude (Sell): Oil is also under pressure, with signs pointing toward a downward move, likely influenced by recent supply data.
US2000 (Bull): Bullish outlook on this index, signaling potential upward moves as support levels hold.
HK50 (Sell): Strong selling sentiment on Hong Kong’s index, with steep drops in price action, indicating a risk-off sentiment in Asian markets.
GBPUSD BUYIn terms of my analysis the pair as reached the weekly FVG twice to retest it and continue with the uptrend to take the upper FVG that was left unmitigated.
GBPUSD BUYIn terms of my analysis the pair as reached the weekly FVG twice to retest it and continue with the uptrend to take the upper FVG that was left unmitigated.
GBPUSD | 06.11.2024BUY 1.28800 | STOP 1.28400 | TAKE 1.29200 | On the chart, the trading instrument is correcting significantly below the support line of the ascending channel with dynamic boundaries of 1.28300 - 1.29200.
DeGRAM | GBPUSD rebound in the channelGBPUSD is moving in a descending channel between the trend lines.
The chart has already reached the dynamic support and the lower boundary of the channel.
The price has held above the support level.
We expect the rebound to continue in the channel.
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GBPUSD SELL ANALYSIS ELLIOTT WAVE PATTERNHere on Gbpusd price form Elliote wave and now pointing down so there is a chance of falling as the price has reached a psychological level of 1.29000 so trader should go for LONG and expect profit target of 1.27439 .Use money management
GBPUSD SELL ANALYSIS TRIANGLE PATTERN Here on Gbpusd price form triangle and is likely to move down as psychological line 1.29500 has broken so trader should go for SHORT and target profit of 1.29037 and 1.28500 . Use money management
Short analysis GBP/USD todayGBP/USD has just broken the channel in the long term, confirming the current decline. If the momentum continues, the main support levels for monitoring Fibonacci are:
1,2809 (Fibo 0.382): The first closing support level.
1,2662 (Fibo 0.618): The important support level, may have a stronger purchase force.
1,2425 - 1,225 and 1,2042: Lower target if the decline continues.
GBPUSD: Updated Support & Resistance Analysis 🇬🇧🇺🇸
Here is my latest structure analysis for GBPUSD.
Horizontal Structures
Resistance 1: 1.304 - 1.310 area
Resistance 2: 1.331 - 1.332 area
Resistance 3: 1.341 - 1.343 area
Support 1: 1.284 - 1.286 area
Support 2: 1.277 - 1.280 area
Support 3: 1.266 - 1.269 area
Vertical Structures
Vertical Support 1: Falling trend line
Consider these structures for pullback/breakout trading.
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GBPUSD 1st entry update GU has been making me sweat but I'm not badging.
Follow for final results, check previous posts for more.
Check out the trading style on YouTube.
GBPUSD BUY NOW!!!!!!!GBPUSD filled the gap on the sell side with a strong price rejections from the demand zone from 1D chart confirmation indicating a buying entry am in on buys holding till breakouts from the buyside liquidity
JOIN AND ENJOY
Lets know your take on this...........
GBPUSD → Negative fundamental background. Going to 1.2500FX:GBPUSD is reversing after a retest of strong resistance with no opportunity to enter the liquidity zone. The negative fundamental background is confirmed.
The dollar is flying upwards. News channels and not only already declare about the victory of Trump, whose policy is directed towards the strengthening of the dollar. Markets are starting to react accordingly.
As for GBPUSD, in the last article I focused your attention on 1.2813 and 1.305: If after a pullback to the resistance the price starts to retest the support, the chances of a breakdown and further decline will increase.
The fundamental background, formed at the moment, is favorable for the fall of the currency pair.
Resistance levels: 1.294, 1.30, 1.3044
Support levels: 1.2813, 1.2672, 1.25
The technical and fundamental background are going in the same direction. Emphasis on the key support. A slight pullback is possible before further breakout. Also continue to follow the news!
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:GBPUSD ;)
Regards R. Linda!
GU longObserving a weakening U.S. dollar on election day, I identified a potential opportunity and went long on GBP/USD (GU) with a 20-pip stop loss. The trade played out successfully, validating the setup and approach.
GBPUSD → The bearish nature of the market is confirmed. News?FX:GBPUSD behavior on H4-H1 confirms the fact of a characteristic bear market. The price is updating the local minimum and testing a strong liquidity zone before strong news
NFP, Unemployment Rate, ISM PMI are published today. The range of expected data is quite wide. Analysts are expecting an aggressive decline in NFP to 106K from the previous 254K. Do you feel the manipulation before the Fed rate meeting, as well as before the U.S. presidential election?
It is difficult to prematurely assess the fundamental environment due to the challenging economic environment.
Theoretically, the dollar may continue to feel the support in the market, while GBPUSD is sliding downwards on the background of the UK policy.
Technically, the price is testing a strong support zone and a counter-trend correction is forming after capturing some liquidity. Emphasis on 1.300 - 1.305
Resistance levels: 1.298, 1.300, 1.305, 1.310
Support levels: 1.284, 1.281
The news can have quite a wide impact on the market and it all depends on the actual data. I expect to see a continuation of the fall from 1.298-1.30-1.305 as a priority. But! Unpredictable data can turn the situation around. If the currency breaks 1.305 and consolidates above this area, the trend may stagger...
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:GBPUSD ;)
Regards R. Linda!
Buy and Sell Zone Based On H4I am expecting consolidation zone between marked SELL ZONE and BUY ZONE. Maybe one of the zone can be long term. But to be safe, I am expecting small scalping.
GBPUSD entry, tight stop lossRight after last night's TP hit on GU I remembered I had left a H1 FVG and price respected it with the H1 candle closing above it and not within or bellow.
I teach my strategy on YouTube check it out if you wanna learn a simple way to trade and and actually make money!
GBPUSD H4 | Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2945, which is a pullback resistance.
Our take profit will be at 1.2862, a swing low support level.
The stop loss will be at 1.30417, a swing high resistance level.
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Gbpusd signal GBP/USD offers its recent gains registered in the previous session, trading around 1.2940 during the Asian hours on Wednesday. The pair depreciates as the US Dollar gains momentum on strengthening Trump trades as the voting favored Republican candidate Donald Trump in the US presidential election
The Relative Strength Index (RSI) indicator on the 4-hour chart holds above 50 but GBP/USD is yet to flip the 100-day Simple Moving Average (SMA), currently located at 1.2980, into support, suggesting that buyers remain hesitant.
