GBPUSD printing bullish reversalGBP USD printing bullish reversal Bullish Divergence Bullish Candlestick PatternLongby fay_pasai113
GU New York session The ppi gave out a few pips and took out the previous sessions liquidity. The last trade of the day a short towards London low.Shortby hskarue443
DeGRAM | GBPUSD rebound from strong supportGBPUSD is moving in an ascending channel between the trend lines. The price reached the lower boundary of the channel, bounced and is back above the dynamic support. The chart also touched the support level, which has acted as a pivot point four times recently. We expect the rebound to continue with a possible retest of the dynamic support. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Longby DeGRAMUpdated 226
Bullish Sentiment This has already met my high timeframe criteria,all my four(4) major confluences of-Market(BoS),Demand,Imbalances and Liquidity has been met. Now I’m patiently waiting on the lower timeframe to confirm my entry model(ChoCh) of a-lower low,lower high,lower low and then a higher high. Once i have it confirmed I’ll be entering with my buy limit orders on any significant lower timeframe demand zone, targeting a 1:2.5RR minimum.Longby MeekBosslife113
GBPUSD SHORT IDEA GBPUSD is looking really bearish after last weeks close and we could see a new leg to the downside.Short04:29by Technicalrayner223
GBPUSD looking BearishIn the overall outlook, GBPUSD looks bearish according to Technical Analysis. With the long Impulse leg to the downside, signifying the first phase of the Elliot Waves, we are almost sure that the trend direction has changed but be careful. There should be a slight pullback into the most recent Order Block just a little bit above, before finally crashing to the downside. For clarity, you could use the Fibonacci tool to confirm zones before entry although we could also see a crash from the current region. We should see price crashing down all the way to 1.24856.Shortby Iron-D223
Market Overview Part 10Me Going Over My Full Strategy In Deep Detail .Learn How I Read The Charts 19:58by Tradelord12111
GBPUSD - DOUBLE HEADERUK Inflation and BoE decision will offer a 1-2 punch to the pound. I believe USD strength will re-kick in as USD takes the back seat amid a risk-on market. Trade on breakout.Shortby thelifeIlead_111
GBPUSD Trading Journal Analysis GBPUSD Trading Journal Analysis Price is delivering to a Premium on the daily chart. I suspect that Price is bearing down to the 50% equilibrium level. Last week Price wicked through equal buy stops back from March 12. Price then swept equal sell stops from May 24 creating equal lows and came into the Weekly SIBI. It seems likely that Price will rebalance the Daily SIBI created from last weeks range. I anticipate that Price could reach for the noted Buy Stop Target and the 4 IFVG. I anticipate alot of volatility in this pair this week with the many red folder news drivers from both USD and GBP manipulations. Longby LParnell221
check the trend It is expected that the price will change the trend within the specified resistance levels and we will witness the beginning of the downward trend. If the 78.6% level is broken with strength, the continuation of the upward trend will be likelyby STPFOREX111
GBPUSDI'm expecting price to continue bullish after a retracement back to this important zone. Some conflunences we have is most importantly the zone which has been respected previous times before. I believe this zone can hold as support but we also have a institutional number of 1.27500 which is below price and can also be used as another form of support. Price could also for a new higher low depicted in the analysis and end up finding the EMA as another form of support not to mention that it will also be a head and shoulders pattern. Nothing is definite and my bias could change depending on how price decides to move but this is one of the possibilities that could happen.Longby jahod111
GBPUSD → Negative fundamental backdrop could break the trend FX:GBPUSD is bumping into a strong limit resistance zone lined up by sellers. As the fundamental background changes, the bears are strengthening their positions. An impulsive downward movement is forming in the market The opening session is formed with a gap on D1, in general this is rare in the forex market, but indicates potential. We are interested in the level of 1.271. A break of this area will be a trigger for a fall, because, in general, the short and medium-term outlook based on the fundamental background is predetermined. Most likely, the first test of the support area will be followed by a bounce, but a retest of the support will strengthen the chances of a breakout and further decline to our target. Resistance levels: 1.28 Support levels: 1.271, trend support In the long term, we are waiting for a test of support and market reaction to the mentioned area. The local trend may be broken. Consolidation of the price in the selling zone will be the confirmation. Regards R. Linda!Shortby RLindaUpdated 4433
GBPUSD & DXY Analysis: Key Expectations and Trends Ahead!Greetings, Traders! Join me in today's video for an in-depth analysis of GBPUSD and DXY, where we'll explore key expectations for today's and tomorrow's trading sessions, as well as summarize this week's trends. This analysis is pivotal as it sets the tone for next week's trading. We've reached a critical juncture on both the DXY and GBPUSD charts, making it essential to understand the potential market movements ahead. What do you think will be the major market mover going into next week? Stay tuned for valuable insights, and don't hesitate to leave any questions or comments below. Happy Trading, The_Architect20:00by The_Archi-tectUpdated 2214
GBPUSD - Short from bearish order block !!Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: As we can see here price broke the structure and now I will look for short position. If price continues the retracement and fills the imbalance higher, then rejects from bearish order block, I will open a short. Fundamental analysis: This week on Wednesday (GMT+3) we will see results of CPI on GBP and on Thursday - Interest rate, news with high impact on currency. Like, comment and subscribe to be in touch with my content!Shortby Snick3rSD2214
GBPUSD | Perspective for the new week | Follow-upThe GBP/USD continues to decline, hitting a one-month low below $1.2700. Factors contributing to the British Pound's weakness include declining inflation expectations, potential policy shifts by the Reform Party, and broader economic uncertainties. Amidst indications of a possible rate cut by the Bank of England this summer, both inflation and the labor market are showing signs of ongoing softening. In April, inflation dropped below expectations while the latest jobs report revealed concerns as more individuals claimed unemployment benefits in May. With the UK economy stagnant in April and inflation, particularly services inflation, posing challenges, the BoE is closely monitoring the situation. UK inflation is projected to decrease further, with upcoming data anticipated to show a decline in core CPI y/y to 3.5% and headline CPI y/y to 2.0%. The BoE aims to reach its target inflation rate of 2% soon. GBPUSD Technical Analysis: Will the pound maintain selling pressure below $1.27000? Watch this video for key trades this week. Join the discussion for updates on GBP/USD trading. Stay tuned for more content. Happy trading! Disclaimer Notice: Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.11:44by darcsherryUpdated 1112
GBP/USD Bearish outlook..After NFP!!!Fundametnal Analysis: The current economic indicators for the OANDA:GBPUSD currency pair highlight a stronger economic outlook for the United States compared to the United Kingdom. The US boasts a GDP growth rate of 1.3% versus the UK's 0.6%, alongside higher inflation at 3.4% compared to 2.3% in the UK, suggesting a relatively tighter monetary policy stance in the US. Interest rates are similar, with the US at 5.5% and the UK at 5.25%. Both countries have stable labor markets with unemployment rates at 4% in the US and 4.3% in the UK. However, the US faces a significant trade deficit of -74.56 billion USD, while the UK's deficit is -1098 million GBP. US consumer confidence is notably higher at 69.1 points compared to -17 points in the UK, indicating greater optimism among US consumers. The Manufacturing PMI is nearly identical at 51.3 for the US and 51.2 for the UK, but the Services PMI shows a larger gap, with the US at 54.8 and the UK at 52.9. Overall, higher GDP growth, stronger consumer confidence, and a tighter interest rate environment in the US suggest potential USD strength against the GBP, despite the US's significant trade deficit. Technical Analysis: After the price rejected a strong resistance at 1.28, coupled with the Non-Farm Payroll (NFP) news for the USD, it is likely that the price will continue to move downward. Given the current fundamental conditions and technical analysis, if the Federal Reserve decides to hold the interest rates this week, the USD is expected to gain further strength. Target: 1.26800, 1.26, 1.25... possible Target (1.24500) Tip: I think the Fed will hold rates due to uncertain inflation rises until the end of the year or next months. As long as the Fed maintains or increases rates with positive indicators such as NFP in the future, the USD will gain more strength against other currencies. TVC:DXY Shortby rTrader_officialUpdated 3313
GBP/USD optimistic above 1.2700Dear traders! GBP/USD retreated from session highs but held above 1.2700 during the European session on Tuesday. The pair's near-term technical outlook highlights a buildup of bearish momentum. In the short term, if momentum sustains above 1.271 then the market will see a recovery but remain capped below 1.2800.Longby ConanForexUpdated 101035
GBP/USD Maintains Bearish Trend Below Key Resistance LevelsTechnical Analysis of GBP/USD The price has stabilized in the bearish zone, remaining below 1.2695. Consequently, the target is set at 1.2628. Bearish Scenario: As long as the price trades below 1.2695, it is expected to drop to 1.2627. A further decline below this level could see the price reach 1.2572. Bullish Scenario: To shift to a bullish trend, the price must reverse and stabilize above 1.2700, potentially targeting 1.2783. Key Levels: - Pivot Price: 1.2700 - Support Levels: 1.2627, 1.2572, 1.2541 - Resistance Levels: 1.2780, 1.2820, 1.2898 Today's Expected Movement Range: The price is expected to fluctuate between 1.2693 and 1.2627. Tendency: Bearish trend In summary, maintaining a position below 1.2695 supports a bearish outlook, with lower support targets in focus. Conversely, trading above 1.2700 could indicate a bullish reversal, aiming for higher resistance levels.Shortby SroshMayi119
What To Expect From US CPI Data and FOMC? GBPUSD & NZDUSDWhat To Expect From US CPI Data and FOMC? A Technical and Fundamental Analysis About GBPUSD & NZDUSD In this video, I share my thoughts on GBPUSD and NZDUSD ahead of the US CPI and FOMC data. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ 08:27by KlejdiCuniUpdated 337
GBPUSDHello traders ,what do you think about GBPUSD? The currency pair has broken its channel and is below the resistance zone. It is expected to fall after the pullback to the broken zone at least to the specified levels. If this post was useful to you, do not forget to like and comment.❤️Shortby HAMED_AZ2217
GBPUSD → The market maker's trap. Ready to go down ↓ ?FX:GBPUSD is losing after a prolonged struggle for resistance. A major player does not let the market beyond 1.2800. On the background of the dollar growth, the currency pair may change the local trend The fundamental background is unstable, the US dollar is still going through Wednesday, but based on the position of regulators the dollar looks ready to strengthen further, which is generally negative for GBPUSD. On D1, the area of 1.285-1.28 is worth watching. A major player is not still holding the barrier of limit resistance zones. After a shakeout and liquidity grab (trap from the market maker), the market is ready to go down as the current zones of interest are 1.258-1.257, 125. Support levels: 1.271, 1.265 Resistance levels: 1.28 Technically, we should wait for a pre-breakdown consolidation and subsequent breakout of 1.271, or price consolidation below this area. Having received confidence and confirmation of readiness to decline, we can wait for the previously mentioned targets. Regards R. Linda!Shortby RLindaUpdated 1118
GBPUSD: Bearish Intraday Trade OpportunityGreetings Traders! Current Market Analysis: At the moment, GBPUSD is exhibiting a clear bearish institutional order flow. Our primary focus is to identify selling opportunities that align with this narrative. Here’s how we plan to approach the market today: Key Observations: Institutional Order Flow: We are entirely bearish, so our strategy is to find sell opportunities in premium price zones and aim to book profits at further discounted prices. Premium and Discount Tool: Utilizing this tool, we have identified a premium array, specifically the M15 bearish order block, as our point of interest (POI). This is where we will be looking to initiate a sell trade. Trading Strategy: Entry Point: I will wait for the price to reach the identified M15 bearish order block. This POI represents a premium price level where we anticipate a strong selling opportunity. Target: The primary target is the daily fair value gap. This is where we aim to book our profits, capitalizing on the bearish momentum. Contingency Plan: Reactive Trading: If the price does not reach the POI, I will adapt to the market's movements and make decisions based on the unfolding price action. Invalidation Level: If the price breaks above the 1.26928 high, it may indicate a temporary shift in the internal structure to bullish. In this case, we will reassess our strategy accordingly. Happy Trading, The_ArchitectShortby The_Archi-tectUpdated 116
GBPUSD.Waiting for a clear buy signal after the price breaks out of the overhead resistance (OB) and confirms with a valid entry signalLongby PipFisherr223