Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. My point of interest if price take sell stop liquidity and rejects from bullish order block. Like, comment and subscribe to be in touch with my content!
GBPUSD is trading within a rectangular chart pattern and price has reached the upper rib of the channel
Taking a look at the GBP/USD daily chart, it seems the price has reversed. At present price has dropped more than 250 pips from its high of 1.2677. It seems all set to drop further to 1.2280 which is the first area of support. However, at the current price level, I would not recommend opening fresh sell trades. Instead, it would be safer, if we wait for a...
GBPUSD showing a lot of weakness, currently this pair is oversold, we got a DOUBLE SHARKFN on H4 and we are hitting the 200ema on H4. We are looking at a continuation setup here and to position for the next IMPULSE LEG we have to wait for GU pullback back up to the PMthH level for a SHORT. #1 ENTRY (Risk Entry, Good Reward) -: Enter SHORT ONLY when GU...
#GBPUSD in Daily time Frame Setup In this setup GBPUSD will down on coming week after breakout We are looking for Breakout proper then We Enter for Sell.
Dear traders, in my previous two GBP/USD ideas I recommended selling in the 1.2650 level. As you can see, price has fallen more than 200 pips since then. In the daily chart, we have a clear resistance zone marked with multiple bearish candlestick patterns. So, it is likely that GBP/USD will continue to drop. However, I do not recommend selling at the current...
After briefly breaking the 12-month high from May 2022 of 1.26670 this week, a wave of selling came in amid a big news week. The Bank of England (BoE) jacked up the UK Bank Rate to 4.5%, marking the 12th hike in a row. Despite two dissenting votes, the committee expects more tightening if price pressures persist. This could mean the rate peaking around 4.75% by...
GBPUSD has broken a significant trendline and support level and is expected to return to lower support levels. Good trading! If you find it useful, like, follow, share!
In this TradingView analysis, we will discuss the short trade setup for the GBP/USD currency pair in the upcoming week. By examining technical indicators, key support and resistance levels, as well as fundamental factors, we aim to provide traders with a comprehensive understanding of the potential bearish momentum and trading opportunities in GBP/USD. Thanks
gbpusd have gaven me a great short position from top, now Im ready to add more volume on short position in demand zone. but if gbpusd see the tp first, I'm gonna enter in a long position on both two supply zones (blue and red boxes). I will enter one third of my volume on the touch and other in the middle of the box and will save tp for r/r=3 and 5. good luck ❤️
GU complete level 1 and should move on to level 2 short tomorrow, if it continues with the market maker cycle, after a mild pullback to the upside we should see a drop past todays low
Hello Traders, FX:GBPUSD is on support and can bounce to target 1.256. This is an intraday idea. Thanks
Hello Traders, GBPUSD today is heading around 1.258 after 1.263 rejection. 1.236 is our daily pivot
GBPUSD Weekly chart set up 90% accurate Swing Trade Trade at your own risk
Fundamental Overview The GBP/USD pair has fallen below 1.2600 early on Thursday after reaching a peak of 1.2680 on Wednesday, marking its highest level in a year. In the short term, the technical outlook for the pair appears bearish, as attention turns to the Bank of England's policy announcements. The US Dollar weakened on Wednesday following the release of...
The GBPUSD pair traded with clear negativity to press on the bullish channel’s support line at 1.2470, and the price is affected by the BOE rate decision to show some volatility, which urges caution from the upcoming trading, as breaking this level will put the price under additional negative pressure that its next target reaches 1.2100 the bullish trend...
GBPUSD price moved 0.45% higher hereby closing the previous week at the 1.26550 zone, hitting a new one-year high amidst the Bank of England battle with inflation. Consumer price inflation in the UK came in at 10.1% - five times the BOE’s mandate. The incoming week is laced with a handful of high-impact economic events from both the UK and US economic docket to...
GBP/USD is demonstrating some bearish price action in the daily timeframe. The 1.2670 level is acting as a strong resistance in the daily chart. If the resistance continues to hold, I am expecting further declines in GBPUSD towards 1.2350 level. I recommend selling the rallies in GBP/USD. Ideal sell entry would be close to 1.2670 level with Stop loss above the...