GBPUSD LONG - 4 Confirmations Part 2. Total risk reduced to 0.5%Part 2 of the GBPUSD trade taken on June 5th 2024 at 7:00am. Our Stop Loss was reduced from 1% risk to 0.5% risk. Protected our capitalLong07:06by Manny_FX_1
GBP/USD 5 June 2024GBP/USD This is my top down analyse enjoy it have a nice dayLong07:17by humorousRice210261
GBPUSD Long - 4 Confirmations Part 1 R:R 1:2GBPUSD Long- decided upon four confirmations. These are the four confirmation that are required in order for us to enter the market in this set up 4 confirmations: 1st Confirmation: Retest at one of the designated fib levels. The fib levels need to be measured from the H4 or higher 2nd Confirmation: Retest at a zone of Supply and Demand. The Supply and Demand zone needs to be formed from the H4 or higher 3rd Confirmation: Confirmed engulfing pattern in the direction of the trade starting at the H1. 4th Confirmation: Break of support or resistance in the lower timeframes starting with the 3 minute in the direction of the trade.Long04:45by Manny_FX_0
GBP/USD Short (short term)Daily fell below previous week high. We build a reversal and rally-base-drop on 4h, what indicates rejection above previous day high. We are now trading and building rejections on the order block that brough us below the high around 1.2766. If we get a 30min reversal candle, I would sell this with first TP around today days low at 1.2743Shortby MichaelBwUpdated 2
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
GBPUSD DOUBLE BOTTOM BUY Hereon GBPUSD price has made a double bottom and likely to move up more after retest the support line1.27660 and now is expected to go for LONG and expected targeting profits should be around the level of 1.27905Longby FrankFx140
GBPUSD SCALP BUYManage SL during news time, intraday trade tp and sl mentioned not a financial adviceLongby ArehmanB2
GBPUSD DAILY PLANMy daily plan for GBPUSD Is not different as the one for EURUSD. I expect a drop in the London session till at least the first support area at 1.274. This should probably be a fake drop to grab some liquidity from buyers, because my main bias Is bullish. I'll look for long opportunity there and if this level will not hold, i'll look for longs from 1.27Longby CryptoForexGem2
check the trend As long as the price fluctuates above the green support range, it will be possible to continue the upward trend according to the specified paths by STPFOREX1
GBPUSD DAY TRADING IDEA FX:GBPUSD From a Day Trading perspective and A trend following Reason.. Its expected that gbpusd hits the current demand level during london open and gives a confirmation,, then i will be looking to enter for a buy at a discounted level and trade towards supply zone.Longby fayzfx021
GBPUSD Potentialy SELL until support level 1.2707Sell Recommendation for GBP/USD to Support Level 1.2705 1. Price Action Analysis: - Candlestick Patterns: - Bearish Engulfing: Indicates a bearish reversal after an uptrend. - Pin Bar (Shooting Star): Shows rejection of higher prices, indicating potential downside. - Resistance Level: If the price approaches resistance and shows signs of reversal, this is an opportunity to sell. 2. Market Structure and Trend: - Bearish Trend: Lower highs and lower lows indicate a downtrend. - Breakout and Retest: If the price breaks a support level and retests it as resistance, sell at this point. 3. Chart Patterns: - Double Top: Two peaks at the same level, followed by a price drop, signal a sell. 4. Confirmation and Execution: - Entry Point: Wait for a bearish candlestick confirmation near resistance before entering a sell position. - Stop Loss: Place a stop loss above the nearest resistance level. - Take Profit: Target take profit at the support level 1.2705. Example Strategy: 1. Identify Resistance: For example, at 1.2800. 2. Confirm Reversal: Wait for a strong bearish candlestick (bearish engulfing or shooting star). 3. Enter Sell Position: After the bearish candlestick closes. 4. Set Stop Loss: Slightly above resistance, e.g., at 1.2820. 5. Set Take Profit: At support level 1.2705. With this strategy, you can effectively utilize price action and key levels to make clear and informed trading decisions without using technical indicators.Shortby adriyan_junior116
Trading signals GBPUSDBUY zone 1.27500 SL 1.27300 Retest fibonacci 0.5. Retesting the EMA 34 and EMA 89 is the perfect retracement for a long uptrend. This is also the DOW breakout area clearly seen in frame h2 GOOD luck to everyoneby TVS-TraderUpdated 221
Trading Signal for GBPUSD: SellDirection: Sell Enter Price: 1.28068 Take Profit: 1.27362 Stop Loss: 1.28104 Justification for the Forecast: Based on the analysis using the EASY Quantum Ai strategy, the following factors have informed the sell direction for the GBPUSD currency pair: 1. Technical Indicators: Key technical indicators on the charts, such as moving averages and RSI, are showing signs of a bearish trend. The price has crossed below important moving averages, indicating potential downward momentum. 2. Support and Resistance Levels: The current enter price of 1.28068 is near a resistance level which has previously held firm. This suggests that the price is likely to bounce downwards from this level. 3. Market Sentiment: Analysis of market sentiment shows a majority of traders have taken a bearish stance on GBPUSD, which further supports the decision to sell. 4. Economic Data: Recent economic reports from the UK have been weaker than expected, putting downward pressure on the GBP. Conversely, strong economic data from the US supports the strength of the USD. Please proceed with the sell order at the proposed enter price of 1.28068 and set the take profit at 1.27362 and stop loss at 1.28104. This forecast is made with the assistance of the EASY Quantum Ai strategy.Shortby ForexRobotEasy1
Sell GBP/USD Beairsh FlagThe GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry : Consider entering a short position around the current price of 1.2710, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.2665 2nd Support – 1.2640 Stop-Loss: To manage risk, place a stop-loss order above 1.2760. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you. Shortby KABHI_FOREX_TRADINGUpdated 141465
Falling towards overlap support?GBP/USD is falling towards a support level which is an overlap support and could bounce from this level to our take profit. Entry: 1.2754 Why we like it: There is an overlap support level. Stop loss: 1.2706 Why we like it: There is a pullback support level which lines up with the 161.8% Fibonacci extension. Take profit: 1.2812 Why we like it: There is a pullback resistance level which is slightly below the 61.8% Fibonacci projection. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.Longby VantageMarkets6
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 TTradessss11
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-Hunter4
gbpusd is bullish GBP/USD pulled back as traders took some profits off the table after the recent move. If GBP/USD moves above the 1.2800 level, it will gain additional upside momentum and head towards the resistance at 1.2875 – 1.2900.Longby MtICHI223
3 key points in Performance ReviewIn this live trading session video,we look at our current open position on AUDUSD trade and a review of our trade history on our traders challenge account. We then take a deep dive analysis on the 3 key points in performance review like a professional. The concepts and ideas in this video can be cross transferred onto any strategy.22:37by masterthemarkets20103
GBPUSD - Bullish Trend ContinuationThere is no divergence on RSI on 1 hr and 4hr chart. Trend seems to continue with Bullish Flag continuation pattern. Price retraced to Fib level of 0.61 and bounced back from that point.Longby Haidi_striker0
GBPUSDThis Weekly FORECAST Opportunity for GBPUSD. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Longby TREND-TITAN3