@@@@@ GBPUSD UIQUE IDEA ^^^^^^#GBPUSD (UPDATE) Hey traders we are here to update about GBPUSD. GBPUSD is making the rising wedge pattern. Already following the pattern. Here after breakout we can see drop upto 200Pips+. Keep in touch we will update further soon.Shortby Williamforex6
GBPUSD H1 | Bullish ReversalBased on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2758, which is a pullback support close 61.8% Fibo retracement. Our take profit will be at 1.2826, a pullback resistance. The stop loss will be placed at 1.2695, which is a swing low 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. 73% 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 FXCM4
A PLAYBOOK SETUP ON GBPUSDPrice bouncing off at 1.27000 support Area or demand zone if you will. We can expect a 50 pips rallyLongby Ernestitovic112
CHART BREAKDOWN GBPUSD: Key Levels, Targets and Thoughts!Trade Update: GBP/USD We have some great news on our recent GBP/USD trade! 💲 After analyzing the market conditions and identifying a solid setup, our trade has successfully Hit Take Profit 3 (TP3). This made sure that 100% of our positions have been secured and cashed out, allowing us to lock in ALL profits. Following this, we closed this trade fully with a Risk to Reward of 6! This strategy not only protects our capital but also gives us the opportunity to capture further potential gains. Stay tuned for more updates and happy trading! 🚀Longby TTradessss4
POSSIBLE SHORT TERM DISCOUNT SELL ON GBPUSDPrice currently trade at $1.28366 level. There could be a discount shorterm sell to backup the massive demand that was created today in respect to cpi data release. A sell opportunity is envisaged at 1.28516 level.Shortby Cartela5
GBPUSD LONG SCALE IN!Price printing structure as last week, I am aware that anything can happen, but I am using the law of probabilities and the confluence infront of me. 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 3
GBPUSD What Next? BUY! My dear followers, I analysed this chart on GBPUSD and concluded the following: The market is trading on 1.2718 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.2765 Safe Stop Loss - 1.2685 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 112
GBPUSD H4 (Prior to US CPI & FOMC)Considering the scenario that the CPI data is released higher and/or the FOMC presents a hawkish tone, this would mean that the US interest rates could stay high for longer. This would bring significant strength to the DXY which could see massive downside for the GBPUSD. However, the GBPUSD has developed a strong support along the 1.27 price level, formed by several swing points and the 23.60% Fibonacci retracement level. In DXY strength, look for the GBPUSD to break the bullish trend line and the support level before anticipating further downside toward the 61.8% Fibonacci retracement level and support area of 1.25Shortby JinDao_Tai3
Gbpusd bearish set-up.Upward momentum on GBPUSD looks like it has diminished, price broke the lower trend line which signals sellers are gaining strength.Shortby FxMeister1
GBPUSD FOMC something must kill a man!Bias Bearish. Anticipating a strong dollar leading to lower prices on gu. Will be closely monitoring the news today. A day to stay away from the markets but if something must kill a man I'll choose the markets😅. NB: Don't try fight the markets, instead follow what it's printing. VAMOOOOOOOS!Shortby hskarue1
GBPUSD DAY TRADING IDEA 12/6/2024FX:GBPUSD Looking for a short term movement to the the demand zone for the bulls to take over again . following Yesterdays continuation to the upside.. so if i get a retracement into a discounted level i will be looking to short .. Shortby fayzfx021
GBPUSD WILL FALL SELLTP-1-------15Pip TP-2-------35Pip TP-3-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial advice Shortby ArehmanB117
Pound DollarStrong confirmation of a short on the pound dollar. With valid structure and obvious test of value areas, strength's a bears run to the downside. Shortby ThePinnacleTrader228
GU SHORTSHORT DAT MF idk why idc why just genna go lower short it TP tight but i re enter if need be 1-18 no brainer Shortby ThesmallLong_Updated 1
buy now Daily trend : uptrend 4 Hour trend: up trend 1 Hour trend: CHOCH occur and retrace ,now is the best entry for long! Longby kenny6465223
GBP/USD: Key Levels and Upcoming Economic EventsHello Traders, In today's trading session, we are monitoring GBP/USD for a potential buying opportunity around the 1.26700 zone. GBP/USD is currently in an uptrend and undergoing a correction phase, approaching the key support and resistance area at 1.26700. Please note that tomorrow we face two significant events: the release of the CPI data and the FOMC meeting. If the CPI data comes in hot, indicating higher inflation, we will cancel this trade, as it could prompt the Federal Reserve to adopt a more hawkish stance, especially in light of last week's strong NFP report. Conversely, if the CPI data is soft, it may favor our trade by leading to a dovish outlook from the Fed, potentially supporting GBP/USD longs. Trade safely, JoeLongby JoeChampion6
GU entry 2Price tapped into the daily fvg presumably creating the high of the day/week. Waiting for a sweep of liquidity on the upside or smt divergence on eu or dxy for a short entry. Target 1 to be the London low, Tp 2 on yesterday's daily low.Shortby hskarue222
GBPUSD -4hrs ( Sell Trade Target Range 180 PIP ) ☑️Pair Name : GBP/USD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🛡 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ⌛ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break 1.27100 area Reasons - Major Turn level / W - inner Channel Break Out - Fixed Range Hvn - Visible Range LVN - inner Choch Area Bullish Reversal 1.25500 Area Reasons - Major Turn level - Channel Upper band - Choch Zone - Fibo Golden 61.8 % - Pattern Break / Counter - Quarter low AreaShortby GoldenEngine95
BUY IDEA GBP/USDFrom the specified support area, we can expect a reaction in the direction of buyingLongby Ali-Rezaei-FX221
How To Catch Trend Reversals In ForexHey, GBP Pairs have fallen into London open Friday, Pre US CPE Data. That means one thing - Look for opportunities to re-short and catch any new forming downtrend on improved BOE outlook, surpassing the FED. You can also look for long side intraday trading opportunities. Here's a breakdown.Short05:32by WillSebastianUpdated 226
GBPUSD Bias Bearish. Yesterday price took out the Asian session in the NY. Today if price doesn't move High in attempt to fill the imbalance left behind Last week after the NFP, I am anticipating a move below yesterday's daily low. Entry on the 15mins fvg. NB: tomorrow there's FOMC so if price doesn't make the high of the week today (if it hasn't already) will be looking for it tomorrow. But I expect this week to be bearish.Shortby hskarue221