GBPUSD - LongGBPUSD taking support and retesting on higher timeframes, making divergence on 30 Min TF and retracing to 0.618 fib level trying to make new HH. Longby AtifDhedhiUpdated 111
GBPUSD LONG based off previous weeks, price has been rejecting off this area, so there is a high probability this will happen again, Hence why taking advantage of the confluence available and getting in on the move Market Structure Bullish on HTFs 30% Weekly Rejection at AOi Entry was at the Daily AOi Daily rejection from AOi Around Psychological Level 1.27000 Touching EMA Candlestick rejection Y Rejection from Previous structure Levels 4.05 Entry 75% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#Boost Longby mobbie_zwUpdated 4
GBPUSD - TRIPLE TOPHi Traders ! The GBPUSD FAILED TO BREAK THE RESISTANCE LEVEL (1.27850 - 1.28035). The price formed a triple top pattern. The neckline is broken ! So, I predict a bearish move📉 ---------------- TARGET: 1.27015🎯Shortby Hsan_BenhmedUpdated 6616
GBPUSD 30M Price Now Trading at 1.27600 👏👏👏👏 Patient is the Key to Success in Trading *). Patience aligns with a long-term perspective. It allows traders to look beyond immediate gains and focus on sustained profitability over time.It encourages the discipline to hold positions that might temporarily move against the trader but align with long-term market trends or fundamental analysis.Longby vbenking911
GBP/USD stong level of resistanceI'm interested to see how price reacts to this strong level of resistance. We see price converging with multiple confluences. I see price reacting to this key level pivoting and completing the weekly wedge A, B, C, D, E pattern to the downside. Downtrend (M) Wedge (W) A, B, C, D, E (W) Elliott wave Triple top pattern (D) Let us know your thoughts, and why? by Forexity1
Possible plunge in sterling (GBPUSD)With a crimson-red start to the week for European indices and the euro, today's data releases on the “fish & chips” island, the UK is faced with April data on economic growth, exports, trade balance and industrial production. Expectations, despite being negative, have been far from accurate with none of them performing as poorly as they have. The British economic slowdown during the first quarter has been a fait accompli. In the American session we will have statistical data on consumer prices for the month of May, inflation data, current accounts and trade balance for the month of April which is expected to be lower than the previous month. And finally, the afternoon will close with ECB Vice President De Guindos' statement on economic policies for Europe, with the Fed's afternoon close being the key data in its statement on the interest rate decision and economic projections expected by the FOMC. Although it may not seem relevant, the document published by the Department of Agriculture, World Agricultural Supply and Demand Estimates (WASDE), will give us a possible forecast for crops and livestock that must also be taken into account for the food sector and in relation to inflation. Also published by the Royal Statistical Society of the United Kingdom (RICS), the house price balance, which is expected to be negative again. In relation to the GBPUSD cross, it is possible that we will see movements that push the price of the pound down to the middle zone of the long term channel following the news of weakness in the UK and if that weakness continues against the dollar it would not be unusual to see it retest the second resistance zone where the price has traded the most during the first phase of the year. At the moment the currency bell is dual, so the first current price zone has the checkpoint (POC) 1.27208 dollars per pound sterling, and the second most traded zone is slightly above the second support zone at 1.25272. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Shortby ActivTrades3
GBPUSD Sell opportunity Price is bouncing back from the strong resistance area and it's time to sell the GBPUSD . Risk only 2% per a trade . Good luck with the trade. Shortby realsupplydemand3
GBPUSD TO 1.26000 TODAY C.P.I IMPACTS!!!!!!!!!Ever since gbpusd created a strong premium fvg price have been making a multiple rejections from that zone and we haven't had volume in the market since the beginning of the week due to the impacts on cpi we had today am expecting the outcome of cpi to be positive on usd thereby causing the price of GBPUSD to drop and sweep liquidity at the sell side.......... Tell us your expections!!!!!! Shortby CAPTAINFX21
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
GBP-USDThe gbp-usd impulse moves downward and now retraces at 50-61.8% fib retracement level. That is mentioned in the chart and the market gets down from the 1.27500 level. If the market respects that level then the market will go down to 1.26800 level.Shortby Dhareja2
GBP, HUGE UPSIDE! Back to Long-standing 38-year support!!!I checked GBP tri-monthly chart which is not usually posted here -- and the pair is already telling us something on the direction it wants to go at broader long term spectrum. On the tri monthly data, GBP has started shifting its trend --- bouncing off it perfectly on a 38-year long standing very solid support. The pair's last visit to this price range was on April 1985. The pair is back at 1.0 FIB LEVEL (on tri-monthly) -- this is outrageously beyond bargain. Histogram wise, another higher lows was created conveying the current price range to be the last base price before the series of incoming series of ascend. Incoming Price valuation will be above average -- and that's an understatement. Bubble up volume (bottom indicator) finally appeared after almost 2 years (last one was July 2021). This is the 2nd straight appearance in 6 months this year, cementing the intention of the pair's target direction. Confidence on this pair's long term direction is firm. A 10% increase from current price within the next 12-16 months (very long candle on tri-monthly) is very possible. Spotted at 1.25 TAYOR. Safeguard capital always. Longby JSALUpdated 8828
Heading into 61.8% Fibonacci resistance?GBP/USD is rising towards a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 1.27648 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 1.28118 Why we like it: There is a pullback resistance level. Take profit: 1.26889 Why we like it: There is a pullback support level. 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.Shortby VantageMarkets4
GBPUSD WILL GO HIGHER BUYTP-1-------15Pip TP-2-------35Pip TP-3-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial advice Longby ArehmanB2
GBP USD PRICE - A BUY MODE ON TO 0.5 FIB LEVEL here we can see that price created a range zone and after that price created a small manipulation area, as expect that price move to upward direction make a small long entry as shown, follow for more live updates...Longby FOREX_TRADER_007Updated 6
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 ArehmanB4
GBPUSD - Easy intraday or swing sell There is a sell opportunity on GU because of USD strength Fundamentals Look out for USD news this week. If no shocking difference than forecast I don't see why DXY won't go up. → Prelim GDP q/q ( Thursday 28 May ) → Unemployment Claims ( Thursday 28 May ) → Core PCE Price Index m/m ( Friday 29 May ) Visit www.forexfactory.com or www.investing.com to check release time according to your timezone Technicals GBPUSD → We rejected a major resistance zone which we touched multiple times since June 2023 → We breached a 4H trendline → Daily engulfing bearish candle Technicals DXY → We came into support and are heading up. → We do have a zone here which can act as resistance, but I expect that we will breach it. → We broke out of trendline and retested it and gone up. Your trading friend, Simba Trades Shortby Simba_TradingUpdated 5
GBPUSD LookoutOn the lookout for a short order on this pair because of a breakout and also we project to continue dropping from the NFP release.Shortby kealebogamoyo33
GBPUSD H1 TIME FRAME NEXT MOVE POSSIBLEGbpusd now under this pattren we have best buying opportunity around 1.25600 for next target 1.26900 dont miss this opportunity we have best demand zone for buying note its not a signal after confirmation signals will be available stay tuned Longby wiqi4uUpdated 6
GBPUSD MONTHLY OVERVIEWGU is bearish on the long run. This is a common pattern which could see GU rise to 1.6 vs the Dollar. Longby WealthCreationFX1
GBPUSDPrice mitigate with demand zone and made BOS to upside with displacement. and also made liquidity below BOS . There is high probabilites that will push upside when left demand is mitigated. Take risk with proper money management.Longby shivrajshah661
Bullish GBPUSD Here we have a week dollar , giving the platform for a bullish daytrade for gbpusd probably for next two days till we get to the next resistance Longby Zim_12
Liquidity build up on GUPrice still building liquidity.... Expect price to eat all liquidity all the way down to POI area (there are 2 POI area), and wait for lower timeframe confirmation for long positionLongby DennySantoso9
Could price reverse from here?The Cable is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 1.2765 1st Support: 1.2689 1st Resistance: 1.2816 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets4