GBPUSD - UP AND DOWNGBPUSD - UP AND DOWN I'm expecting one more up and down. it can happen anytime also market makers manipulate too.. so please wait for the setups and enter, risk small and always use SL V.RaguShortby Ragunath-London4
CHART BREAKDOWN GBPUSD: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 1.2656 and 1.2647. Additionally, one medium-risk buy zone between 1.2705 and 1.2700, respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 1.2656 and 1.2647, serving as a low-risk buy. Medium-Risk Buy Zone🟠: Noted between 1.2705 and 1.2700, suggesting another area with moderate risk for potential buying positions. Bullish Targets📈 (low-risk): 1.2690: Possible retracement area. 1.2700: Possible retracement area. 1.2755: Possible retracement area. Ultimate Target: 1.2815- Liquidity area. Bullish Targets📈 (med-risk): 1.2700: Possible retracement area. 1.2755: Possible retracement area. Ultimate Target: 1.2815- Liquidity area. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.Longby TTradessss6
GBPUSD: Bearish Reversal AheadAfter a strong bullish trend, I have identified a compelling bearish formation on the GBPUSD chart. Key technical indicators and patterns suggest that the market is primed for a reversal to a bearish trend. This presents a potential opportunity for traders to capitalize on the upcoming market movements. Stay tuned for further updates and detailed analysis!Shortby forexNetwork10Updated 114
GBPUSD LONG SCALE IN!Price triggered my first position during London session, Looking at a potential Scale in to continue with trend; Market structure still bulllish on HTF 30% Weekly and Daily at same AOi Weekly rejection at AOi Daily Rejection at AOi Around Psychological Level 1.27500 H4 Touching EMA Candlestick rejection Rejection from Previous structure Levels 3.89 Entry 100% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#BoostLongby mobbie_zwUpdated 5
Bearish butterfly harmonic reversal pattern in GBPUSDA bearish butterfly harmonic reversal pattern was observed in GBPUSD pair in an hourly timeframe. There is a minor bearish divergence near point D of the pattern signaling a reversal in the uptrend with point D being the potential reversal zone (PRZ). Breakout at point B could be a good point to take short positions in the potential downtrend.Shortby wakqas124
GBP/USD CURRENT PROFITS ON SHORTGBP/USD 15M - As you can see price has played out very well to the analysis that I provided last night. I suspect that we will see a continuation now in this bearish structure moving forward. I want to see the last low break and for price to begin trading beneath it, this will give us the confirmation we need in order to see further bearishness longer term in this market. This trade is currently running + 46 pips. (+ 1.1%) 1.1RR A big well done to anyone who got involved in this market, there was the opportunity to get involved with a more refined entry as you can see the fractal area of Supply I marked out. I personally went from the 1D Supply Zone just to ensure safety on my position, yes this gives us a less refined trade and a lower RR return but it ensures that we can profit well from the position.Shortby Lukegforex5
GBP/USD BEARS ARE STRONG HERE|SHORT Hello,Friends! Previous week’s green candle means that for us the GBP/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.260. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 115
GBPUSD pennant break and retestPennant = continuation pattern Break and retest = Entry Target next supply area! further confirmation = previous weekly and daily! Buying the pullbackLongby Syed-Usman-AliUpdated 4
GBPUSD 350 PIPS SELLExpecting GU to respect this 3rd touch of the Daily trend line and move all the way down as price is already showing signs of reversal with previous Daily candle closing BearishShortby akumjoel4
BUY GBPUSD 05/06I've been a buyer of the GBPUSD for many weeks. I'm still buying this week. We are currently still on an interesting setup: Back in OTE zone Rebound on Breacker Block It's easy enough to aim for a new BOS. Feel free to subscribe and boost this post if you enjoyed my analysis, and tell me what you think! Happy trading and a great week :) Longby InfiniteY5
GBPUSD OUTLOOK GBPUSD Technical Analysis: The price recently touched the resistance level of 1.2877 and subsequently reversed to test its previous barrier around 1.2740. As a result, the price is expected to consolidate between 1.2697 and 1.2820 until a breakout occurs. Bullish Scenario: A break above 1.2819 will support a bullish trend, targeting the levels of 1.2877 and 1.2956. Bearish Scenario: the price can reach the support level at 1.2697. However, a break below this level is necessary to initiate a bearish trend towards 1.2541. Key Levels: Pivot Price: 1.2750 Resistance Levels: 1.2877, 1.2956, 1.3037 Support Levels: 1.2697, 1.2620, 1.2541 The price movement is expected to oscillate between the resistance at 1.2956 and the support at 1.2697.Longby SroshMayi5
GBPUSD 4 June 2024 GBPUSD is trading at a bullish market ! So it is wise to buy at the demand zones and we have quite good demand here , and i wanna buy from here Longby wolf97434
GBPUSD Can Go Lower Next Week 🇬🇧🇺🇸 GBPUSD turned very bearish after a release of US fundamentals on Friday. The price formed a double top formation on a daily and violated its neckline. I think that the fall may continue next week. Next support - 1.27 ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader114
This could be higher timeframe reversal for the GBPI see a bearish continuation for the next week. IFVG / FVG for the entries. Its going to be CPI week. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔ Shortby Dave-FX-Hunter4
Gbpusd Will Fly TodayGBP/USD trades modestly flat near 1.2800 in the European session on Friday. The pair lacks a clear directional bias, as traders drift on the sidelines ahead of the all-important US Nonfarm Payrolls dataShortby Senorita713
Bullish Narrative for GBPUSD Daily ChartSwing trading Idea GU. New Bullish momentum on daily chart. BOS: 03 May '24 leaving behind a FVG. Looking for a move down into confluence of FVG, Fib retracement level & previous daily high. If move met, can look for a Bullish expansion from said area.Longby tcratladi4
GBPUSD Shorts DXY continues to hold its ground. Upcoming news in favour of the US Dollar will drive GBPUSD lower. There is also no high impact news for GBP over the coming week so expect bearish pressure from the get go. Challenging week up ahed guys, good luck!Shortby TheForexMessiah5
GBPUSD H4 | Bullish bounce?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2792, which is a pullback support. Our take profit will be at 1.2864, a multi-swing high resistance. The stop loss will be placed at 1.2732, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Longby FXCM2
I see another expansion leg coming, this weekGBP is on steroids, we had 2 weeks of consolidation, yesterday we expanded and today's price made a 50% pullback and was rejected from the FVG. We are now trading above. Tomorrow London session might offer a bullish setup again. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔ Longby Dave-FX-Hunter3
GBPUSD Ready for a breakthrough. Target 1.2700Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters2000Updated 4
GBPUSD FOR BEARISHI still looking for this structure as my plan for next week. Do your own reaearch too. Feel free to put your comment to share your idea too. Thanks.Shortby ewtradersbhUpdated 4
GBPUSD - BUYThe market has been in limbo for the past few days, going nowhere very fast. I am of the opinion that the market is awaiting NFP and outcome as it may inform the Feds stance on interest rates. Overall view is that the dollar is the more powerful influence on direction of the pair in the medium term. Technically the pair has been in a consolidation phase meaning price is oscillating between moving average however according to my expectation there's an incoming break-out to the upside. Summary: Entry = 1.27786 Entry 2 = 1.28014 Target = 1.29000 Risk : Reward Ratio = 2.20 Let's grow together. Follow and Boost my Ideas. Longby ForeignCapital_fx114