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Gbpusdanalysis

GBPUSD FRGNT Daily Forecast - Q4 | W46 | D10 | Y25 |📅 Q4 | W46 | D10 | Y25 | 📊 GBPUSD FRGNT Daily Forecast 🔍 Analysis Approach: I’m applying Smart Money Concepts, focusing on: Identifying Points of Interest on the Higher Time Frames (HTFs) 🕰️ Using those POIs to define a clear trading range 📐 Refining those zones on Lower Time Frames (LTFs) 🔎 Waiting for a Break of Structure (BoS) for confirmation ✅ This method allows me to stay precise, disciplined, and aligned with the market narrative, rather than chasing price. 💡 My Motto: "Capital management, discipline, and consistency in your trading edge." A positive risk-to-reward ratio, paired with a high win rate, is the backbone of any solid trading plan 📈🔐 ⚠️ Losses? They’re part of the mathematical game of trading 🎲 They don’t define you — they’re necessary, they happen, and we move forward 📊➡️ 🙏 I appreciate you taking the time to review my Daily Forecast. Stay sharp, stay consistent, and protect your capital — FRNGT 🚀 FX:GBPUSD
Short
by JCFRGNT
CRTL to CRTH: GBPUSD Daily Setup for the Swing of the Year🎯 GBPUSD: D1 CRTL to CRTH—A High-Probability FVG Reversal Setup 🚀 This analysis uses the Candle Range Theory (CRT) and Smart Money Concepts (SMC), focusing on the Bullish Model #1 setup in a high-probability zone. The chart displays a market that has recently undergone a major price movement, characteristic of a liquidity hunt, which the CRT system refers to as a Turtle Soup. Following this strong move, a clear market imbalance—a Fair Value Gap (FVG)—was left behind, signaling a high-probability retrace before the intended move (the Candle 3 / Distribution phase) continues towards the final target. 🔑 Key Levels & CRT Confluences This setup has three critical components to define the trade. The ultimate objective is the upper level, the Critical/Control High (CRTH) at 1.33699. This is the expected target where the distribution phase will likely conclude, offering a significant Take Profit (TP) area. The market is currently consolidating at approximately 1.31603, moving toward the Fair Value Gap (FVG) entry zone. A retrace into this FVG is anticipated to mitigate the imbalance, thereby providing a discounted and highly selective entry for the long trade. The most important level for risk management is the Control/Critical Low (CRTL) and Trend Start (TS) at 1.30971. A daily close below this specific point signals a break in the market structure and invalidates the bullish setup, making it the ideal placement for a Stop Loss (SL). 📈 The Bullish Trading Plan (Model #1 Strategy) The trade thesis is to patiently wait for the pullback and then enter during the resulting explosive move. This specifically aligns with the Bullish Model #1 setup, which is the foundational setup for high-probability reversals. First, wait for the price to pull back and fill the FVG zone (the potential Manipulation phase or Candle 2). Beginners should avoid trading this Candle 2 phase. Then, look for a bullish rejection or a Bullish Model #1 confirmation on a lower timeframe when price is in the FVG. Bullish Model #1 requires waiting for price to stab into an old low, looking for a strong red candle (thick down-close candle), and entering when price closes above that specific candle. Execute the long position with the Stop Loss (SL) strictly below 1.30971 (CRTL - TS) and the Take Profit (TP) at the upper CRTH of 1.33699. The Golden Rule: Always ensure the pattern happens at a strong key level and wait for the specific candle close to confirm the entry, avoiding anticipation. Greetings, MrYounity
Long
by MrYounity
1
GBPUSD: Bearish! Sell The Rally!Welcome back to the Weekly Forex Forecast for the week of Nov. 10-14th. The GBPUSD is still weak. It rallied last week, starting a pullback, and closed the week bullish. Look for the rally to end this week, and the bearish trend to be resumed. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Short
by RT_Money
EURGBP GBPUSD DXY FRGNT Weekly Full Breakdown -Q4 | W46 | Y25 |📅 Q4 | W46 | Y25 | 📊 EURGBP GBPUSD DXY FRGNT Weekly Full Breakdown 🔍 Analysis Approach: I’m applying Smart Money Concepts, focusing on: Identifying Points of Interest on the Higher Time Frames (HTFs) 🕰️ Using those POIs to define a clear trading range 📐 Refining those zones on Lower Time Frames (LTFs) 🔎 Waiting for a Break of Structure (BoS) for confirmation ✅ This method allows me to stay precise, disciplined, and aligned with the market narrative, rather than chasing price. 💡 My Motto: "Capital management, discipline, and consistency in your trading edge." A positive risk-to-reward ratio, paired with a high win rate, is the backbone of any solid trading plan 📈🔐 ⚠️ Losses? They’re part of the mathematical game of trading 🎲 They don’t define you — they’re necessary, they happen, and we move forward 📊➡️ 🙏 I appreciate you taking the time to review my Daily Forecast. Stay sharp, stay consistent, and protect your capital — FRNGT 🚀 FX:EURGBP
Short
by JCFRGNT
GBPUSD is in the Buying DirectionHello 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 Charts
Long
by ForexMasters2000
GBPUSD FRGNT Weekly Forecast -Q4 | W46 | Y25 |📅 Q4 | W46 | Y25 | 📊 GBPUSD FRGNT Weekly Forecast 🔍 Analysis Approach: I’m applying Smart Money Concepts, focusing on: Identifying Points of Interest on the Higher Time Frames (HTFs) 🕰️ Using those POIs to define a clear trading range 📐 Refining those zones on Lower Time Frames (LTFs) 🔎 Waiting for a Break of Structure (BoS) for confirmation ✅ This method allows me to stay precise, disciplined, and aligned with the market narrative, rather than chasing price. 💡 My Motto: "Capital management, discipline, and consistency in your trading edge." A positive risk-to-reward ratio, paired with a high win rate, is the backbone of any solid trading plan 📈🔐 ⚠️ Losses? They’re part of the mathematical game of trading 🎲 They don’t define you — they’re necessary, they happen, and we move forward 📊➡️ 🙏 I appreciate you taking the time to review my Daily Forecast. Stay sharp, stay consistent, and protect your capital — FRNGT 🚀 FX:GBPUSD
Short
by JCFRGNT
3
GBP.USD Breakdown for the 2nd week of NovGU Weekly Outlook My analysis this week for GU is focused on where this current bullish move could take us next. - Scenario (A): If price retraces back to the 12hr demand zone, I’ll be looking for potential bullish reactions from that POI — ideally waiting for a Wyckoff accumulation to form before taking any buys. - Scenario (B): If price continues pushing higher, I’ll watch how it reacts at the nearby supply zone. A rejection there could trigger a short-term pullback back towards demand, giving us another chance to buy from a better position. Either way, we’ll see which POI gets tapped first and adapt from there. Let’s have a great trading week and catch those pips! 💪📈
by Hassan_fx
2
#GBPUSD: Previous Entry Invalidated,Next We Wait For Price! Our previous GBPUSD entry was invalidated as the pound declined while the DXY turned bearish. However, our view remains bullish on GBPUSD and the price is likely to reverse from our new entry area. Once the price enters the discounted zone we can then wait for it to reach one of our target or take-profit levels. This week’s NFP data is likely to affect our trade and could invalidate our entry if it is positive for the DXY. Best wishes and safe trading. Team Setupsfx
Long
by Setupsfx_
23
DeGRAM | GBPUSD is above the resistance line📊 Technical Analysis ● GBP/USD has broken above the descending resistance line, signaling a potential short-term trend reversal. The pair is forming higher lows, suggesting that bullish pressure is gradually strengthening. ● The projection targets the 1.3134–1.3161 resistance area, supported by a breakout structure and sustained momentum above 1.3050. 💡 Fundamental Analysis ● The dollar weakened after softer U.S. data, while upbeat U.K. services PMI boosted sterling sentiment. ✨ Summary ● Key support: 1.3050. Resistance: 1.3134 and 1.3161. A sustained breakout could confirm a bullish continuation toward 1.3200. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
1
FRGNT FUN COUPON FRIDAY -Q4 | W45 | D7| Y25 | GBPUSD📅 Q4 | W45 | D7| Y25 | 📊 GBPUSD FRGNT Daily Forecast FRGNT FUN COUPON FRIDAY 🔍 Analysis Approach: I’m applying Smart Money Concepts, focusing on: Identifying Points of Interest on the Higher Time Frames (HTFs) 🕰️ Using those POIs to define a clear trading range 📐 Refining those zones on Lower Time Frames (LTFs) 🔎 Waiting for a Break of Structure (BoS) for confirmation ✅ This method allows me to stay precise, disciplined, and aligned with the market narrative, rather than chasing price. 💡 My Motto: "Capital management, discipline, and consistency in your trading edge." A positive risk-to-reward ratio, paired with a high win rate, is the backbone of any solid trading plan 📈🔐 ⚠️ Losses? They’re part of the mathematical game of trading 🎲 They don’t define you — they’re necessary, they happen, and we move forward 📊➡️ 🙏 I appreciate you taking the time to review my Daily Forecast. Stay sharp, stay consistent, and protect your capital — FRNGT 🚀 FX:GBPUSD
Short
by JCFRGNT
GBPUSD(20251107)Today's AnalysisMarket News: Revelo Labs, a US private data provider, reported that US non-farm payrolls decreased by 9,100 in October; Challenger job cuts in the US surged 175% year-over-year in October, and year-to-date layoffs increased by 65%; Chicago Fed data showed the October unemployment rate was approximately 4.36%, a four-year high. Federal Reserve officials remain cautious. Chicago Fed President Goolsby believes a lack of reliable inflation data and remains hesitant about interest rate cuts; Cleveland Fed President Hammarck emphasized inflation risks and opposed further rate cuts; however, Governor Milan continues to expect a Fed rate cut in December; New York Fed President Williams believes the model-based estimate of the US neutral interest rate is around 1%. Governor Barr pointed out that the impact of artificial intelligence may be affecting hiring in some industries. Technical Analysis: Today's Buy/Sell Threshold: 1.3107 Support and Resistance Levels: 1.3203 1.3167 1.3144 1.3070 1.3046 1.3010 Trading Strategy: If the price breaks above 1.3144, consider buying with a first target price of 1.3167. If the price breaks below 1.3107, consider selling with a first target price of 1.3070.
Short
by GoldenSpaceship
GBPUSD Pound Faces Renewed Pressure as U.S. Strength PersistsGBPUSD continues to trade under heavy pressure after a brief recovery attempt. The pound’s rebound has been capped by renewed dollar demand, supported by resilient U.S. data and cautious Fed communication. The pair is now approaching a key resistance area that could define whether this bounce is merely corrective before the broader downtrend resumes. Current Bias Bearish. The recovery from recent lows appears corrective, with sellers likely to return near 1.3200–1.3250 resistance. Key Fundamental Drivers U.S. Dollar Strength: Despite softer job cuts data, the greenback remains supported by firm Treasury yields and safe-haven demand amid lingering global uncertainty. Bank of England (BoE): The BoE’s recent decision to hold rates highlights its growing concern over weak growth and declining inflation momentum, weakening GBP’s rate advantage. Economic Divergence: U.S. macro data, including solid ISM services and stable labor metrics, contrast with U.K.’s stagnant retail and wage growth outlook. Macro Context The fundamental landscape favors the dollar as growth momentum remains firmer in the U.S. than the U.K. The Fed’s cautious stance signals patience before rate cuts, aligning with stronger U.S. yields that underpin the greenback. In contrast, the BoE faces a tougher environment: falling inflation but sluggish growth and rising fiscal stress. With U.K. GDP flatlining, sterling’s upside remains limited. Broader risk sentiment also plays a role—tariff headlines and geopolitical uncertainty sustain a mild risk-off tone, indirectly supporting USD over GBP. Interest rate expectations: Fed: First rate cut likely delayed to mid-2026 unless inflation drops more sharply. BoE: Expected to start easing slightly earlier, with limited tightening justification left. Primary Risk to the Trend The main risk to the bearish view would be a dovish turn from the Fed or a strong U.K. inflation or wage surprise prompting a BoE hawkish repricing. An unexpected improvement in global sentiment could also weigh on the dollar, lifting GBPUSD. Most Critical Upcoming News/Event U.S. CPI release (key for yield direction and USD tone) BoE Governor Bailey’s upcoming remarks U.K. GDP and labor market data next week Leader/Lagger Dynamics GBPUSD acts as a lagger in major USD pairs. It tends to follow EURUSD moves but with amplified reactions during policy divergence phases. It also influences GBP crosses like GBPJPY and GBPCAD, where its weakness usually spills over. Key Levels Support Levels: 1.3090 / 1.3000 Resistance Levels: 1.3200 / 1.3300 Stop Loss (SL): 1.3330 Take Profit (TP): 1.3010 (initial), 1.2950 (extended) Summary: Bias and Watchpoints The broader setup keeps GBPUSD bearish, with the recent recovery likely to fade near resistance as macro divergence and yield spreads favor the U.S. dollar. Selling pressure is expected to resume between 1.3200 and 1.3250, targeting a retest of 1.3010 and potentially 1.2950. Stop-loss placement above 1.3330 protects against any unexpected policy shifts or Fed-driven dollar corrections. The key watchpoints remain U.S. CPI and BoE commentary, as both could redefine near-term sentiment. Unless U.K. data surprises to the upside, the dollar’s dominance looks set to persist into the next trading week.
Short
by ultreosforex
GBPUSD Bears in Control as Dollar Resilience Weighs on SterlingGBPUSD continues to slide as bearish pressure builds under a strong U.S. dollar backdrop. Despite occasional pauses, GBP/USD has struggled to regain footing, staying trapped in a clear descending channel. With sellers firmly defending key resistance zones, the next leg lower could test the 1.3000 handle if U.S. data remains supportive and the Bank of England keeps its cautious tone. Current Bias Bearish – GBP/USD remains under sustained downside momentum, with price action respecting the descending channel and lower-high structure. Key Fundamental Drivers U.S. economic resilience and persistent inflation are keeping Treasury yields elevated, supporting the dollar. The Bank of England has shifted to a wait-and-see stance, signaling no rush to adjust policy as growth weakens. Weak UK credit and mortgage data underscore the slowdown in domestic activity. Global risk appetite remains fragile amid geopolitical uncertainty, pushing investors toward safe-haven flows that favor the USD. Macro Context U.S. economy continues to outperform its peers, with consumer spending and services inflation holding firm. Fed officials have pushed back against rapid rate cuts, aligning with market pricing that sees easing only gradually into 2025. In contrast, the UK faces slowing growth and sticky core inflation, with the BoE balancing recession risks against still-high price pressures. The yield differential favors the dollar, while commodity and capital flows remain USD-positive. On the geopolitical side, tensions in the Middle East and weaker European data continue to weigh on risk sentiment and, by extension, on GBP. Primary Risk to the Trend A sharp downside surprise in upcoming U.S. data (such as ISM or NFP) could weaken the dollar and trigger a corrective rally in GBP/USD. Similarly, any unexpected hawkish tone from BoE policymakers could limit further downside. Most Critical Upcoming News/Event U.S. ISM Services PMI and Non-Farm Payrolls BoE member speeches and UK GDP data Fed Chair Powell’s commentary on policy trajectory Leader/Lagger Dynamics GBP/USD acts as a lagger within the USD complex — it typically follows EUR/USD’s direction and broader DXY momentum. Within GBP crosses, movements in GBP/USD often influence GBP/JPY and GBP/CHF but remain secondary to USD-led macro shifts. Key Levels Support Levels: 1.3100, 1.3000 Resistance Levels: 1.3250, 1.3450 Stop Loss (SL): 1.3270 (above upper channel resistance) Take Profit (TP): 1.3000 (major psychological and structural support) Summary: Bias and Watchpoints GBP/USD maintains a bearish bias, guided by the combination of BoE caution, weak UK macro data, and sustained U.S. dollar strength. The descending channel structure remains intact, favoring continued downside toward 1.3000, provided price stays below 1.3250. A break above that zone would invalidate the short-term bias and shift focus back to consolidation. Traders should keep stops around 1.3270 to protect against volatility, while the take profit near 1.3000 aligns with both technical confluence and the broader macro backdrop. All eyes remain on the upcoming U.S. ISM and jobs data, which could determine whether the next move accelerates the trend or triggers a temporary rebound.
Short
by ultreosforex
1
GBPUSD Breakdown: Targeting 1.295 → 1.27 Next?GBPUSD has had a very strong move this year, rallying from the January low at 1.21 up to 1.38 — roughly a 1700-pip move. Over the last couple of months price has been topping out, and in recent weeks we’ve started to see a breakdown and retracement of that entire leg up. On the Monthly chart, the 50% and 61.8% retracement levels are sitting right around the 1.295 – 1.27 area. This also lines up with the April buy zone, which was the origin of the move up to 1.38. This is the area I’ll be interested in for re-entry on the long side. Zooming into the Weekly chart, last week we finally got a clean break and close below 1.325 support. Price dropped straight down and closed at 1.315, and this week continued lower into the 1.30 round number, where we’re now seeing a bit of reaction. Based on structure, it looks likely that price will continue down into the 1.295 – 1.27 buy zone in the coming weeks. On the 8H chart, the MACD has crossed bullish, so there’s a chance we see a short-term bounce first. This could easily be a fake-out move lower followed by a push up into 1.315, possibly even 1.325 depending on how the BOE meeting plays out. More hawkish tone → likely bounce up into 1.315 – 1.325 More dovish tone → fast drop straight into the buy zone I’ll be watching price action closely leading into the decision. Let me know your thoughts below.
by TheFxAce
5
GBPUSD FRGNT Daily Forecast -Q4 | W45 | D6| Y25 |📅 Q4 | W45 | D6| Y25 | 📊 GBPUSD FRGNT Daily Forecast 🔍 Analysis Approach: I’m applying Smart Money Concepts, focusing on: Identifying Points of Interest on the Higher Time Frames (HTFs) 🕰️ Using those POIs to define a clear trading range 📐 Refining those zones on Lower Time Frames (LTFs) 🔎 Waiting for a Break of Structure (BoS) for confirmation ✅ This method allows me to stay precise, disciplined, and aligned with the market narrative, rather than chasing price. 💡 My Motto: "Capital management, discipline, and consistency in your trading edge." A positive risk-to-reward ratio, paired with a high win rate, is the backbone of any solid trading plan 📈🔐 ⚠️ Losses? They’re part of the mathematical game of trading 🎲 They don’t define you — they’re necessary, they happen, and we move forward 📊➡️ 🙏 I appreciate you taking the time to review my Daily Forecast. Stay sharp, stay consistent, and protect your capital — FRNGT 🚀 FX:GBPUSD
Short
by JCFRGNT
GBPUSD(20251106)Today's AnalysisMarket News: US ADP employment rose by 42,000 in October, the largest increase since July 2025, exceeding market expectations of 28,000. The US ISM non-manufacturing PMI for October came in at 52.4, a new high since February 2025. Technical Analysis: Today's Buy/Sell Threshold: 1.3036 Support and Resistance Levels: 1.3080 1.3064 1.3053 1.3020 1.3009 1.2993 Trading Strategy: If the price breaks above 1.3053, consider buying, with a first target price of 1.3080. If the price breaks below 1.3036, consider selling, with a first target price of 1.3020.
Long
by GoldenSpaceship
GBPUSD melting for possible rate cut?Goldman Sachs to revise its forecast and project a likely 25bp cut now is more high probable? as previous decision due to hold the rate due to 2 weeks earlier inflation data has, increased in probablity to cut despite inflation. Techincal chart with GBPUSD is relecting the possible move in 24 hours few high impact news based on BOE. As the market is in stong downtrend, price potentially contine to drop to long term support level and sell entry upon price action confrimation is high probable.
Short
by ForexWizard01
1
Cable Pressure Builds — A Strong Drop May Be Imminent!🎭 CABLE HEIST: The Great British Pound Robbery! 💷🔫 📊 Market Intel: GBP/USD Swing/Day Trade Setup 🎯 THE MASTER PLAN Asset: GBP/USD (CABLE) - Forex Market Trade Type: Swing/Day Trade Bias: 🐻 Bearish Confirmation Strategy: "The Thief" - Multi-Layer Entry System 📉 TECHNICAL BREAKDOWN The triangular moving average retest has confirmed our bearish scenario! Price action is showing weakness at key resistance zones, making this an opportune moment to execute our calculated heist. Key Technical Signals: Triangular Moving Average rejection ✅ Bearish momentum building 📉 Resistance zone holding strong 🛑 Multiple timeframe alignment 🎯 💰 THE HEIST EXECUTION PLAN Entry Strategy: "The Thief" Layering Method Instead of going all-in at one price (rookie move! 😅), we're using multiple sell limit orders to build our position like a professional vault cracker: 🎯 Sell Limit Layers: Layer 1: 1.34000 Layer 2: 1.33800 Layer 3: 1.33600 Layer 4: 1.33400 Pro Tip: You can add more layers based on your risk appetite and account size. Scale in, don't dive in! 🏊‍♂️ 🛡️ RISK MANAGEMENT Stop Loss: 1.34400 (Thief's Emergency Exit 🚨) ⚠️ IMPORTANT NOTE: This is MY stop loss based on my risk tolerance. You're the boss of your own money! Set your SL according to YOUR risk management rules and account size. Trade at your own risk, OG's! 💪 🎯 PROFIT TARGET Take Profit: 1.32000 (The Escape Route! 🏃‍♂️💨) Why this target? Strong historical support zone (Police barricade! 🚧) Oversold conditions likely at this level High probability trap zone for bulls 🐻 Risk/Reward ratio is chef's kiss 👌 ⚠️ ANOTHER IMPORTANT NOTE: This is MY target. You make your money, you take your money! Don't be greedy - secure profits at levels YOU'RE comfortable with. It's YOUR choice, YOUR risk! 💼 🔗 CORRELATED PAIRS TO WATCH Keep your eyes on these partners in crime: 📊 Related Pairs: FX:EURUSD - If DXY strengthens, both Cable and Euro take hits together TVC:DXY (US Dollar Index) - The puppet master! Rising DXY = Falling GBP/USD OANDA:GBPJPY - Confirms GBP weakness across the board OANDA:EURGBP - Shows relative strength between European currencies Correlation Explanation: When the Dollar flexes 💪, Cable typically folds 📉. Watch DXY for confirmation - if it's pumping, our bearish bias gets stronger! EUR/USD often moves in tandem with GBP/USD, so it's like having a surveillance camera on the whole operation! 🎥 🎓 KEY TAKEAWAYS ✅ Multi-layer entry reduces risk and improves average entry price ✅ Clear technical confirmation before execution ✅ Defined risk with stop loss above resistance ✅ Logical target at strong support zone ✅ Correlation analysis supports the directional bias ⚡ FINAL WORDS FROM THE THIEF Remember, OG's - the market doesn't care about our plans! 😂 Stay disciplined, manage your risk, and don't let emotions drive your decisions. This setup has solid technical backing, but ALWAYS trade what you can afford to lose! The best traders are patient thieves - they wait for the perfect moment to strike! ⏰💎 ✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community! #GBPUSD #CABLE #ForexTrading #SwingTrading #DayTrading #TechnicalAnalysis #ForexSignals #PriceAction #RiskManagement #TradingStrategy #ForexSetup #BearishSetup #LayeringStrategy #ForexCommunity #TradingView #ForexIdeas #MarketAnalysis #ThiefStyle #ForexHeist
Short
by The-Thief
GBPUSD: Bearish Structure Points to 1.3000 NextAround two weeks ago, I mentioned that GBPUSD could fall toward the 1.32 support, and indeed, the pair reached that level on Wednesday. Since then, GBPUSD even broke below 1.32 and is now trading around 1.3140, raising the big question — will it fall further to test 1.3000? In my view, yes, it will. The structure remains bearish, and since mid-September, every rally has been sold into, forming a clear lower highs – lower lows pattern. So, in conclusion, rallies above 1.32 should be sold, with a target at 1.3000, as mentioned earlier. 🚀
Short
by Mihai_Iacob
8
SELL GBPUSD - great profitable trade opportunityGBPUSD has been in a clear downtrend in the last few weeks and is very likely to keep heading to the downside. GBPUSD has recently broken a very powerful support level and then retraced back towards it, the price also struggled to break through resistance and only managed to break through support levels. The price is likely to keep dropping and drop all the way to the next support level (shown as the take profit level on the chart) - SELL!!
Short
by VIPindicators
DeGRAM | GBPUSD is approaching the lower boundary of the channel📊 Technical Analysis ● GBP/USD experienced a sharp drop after rejecting the 1.3139 resistance, reaching near the 1.3050 support area. The structure remains inside a descending channel, and a short-term rebound from the lower boundary is likely. ● Price action suggests potential correction toward 1.3097–1.3117, aligning with minor resistance and Fibonacci retracement levels. 💡 Fundamental Analysis ● Sterling’s weakness stems from dovish BoE expectations, while dollar demand stays firm amid strong U.S. data. ✨ Summary ● Short-term rebound expected toward 1.3097–1.3117; key support at 1.3050 remains pivotal for continuation. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
1