GBPUSDWe looking for buying opportunities as we are still inside the bullish trend resulting in continuation of buying opportunities as the market is still respecting the support zone-1H TIMEFRAMELongby officialpotego_fx1
DeGRAM | GBPUSD pullback from the channel boundaryGBPUSD has returned to the ascending channel. After a sharp decline, the price reached the support coinciding with the 62% retracement level of the last bullish impulse. We think that the chart will rush back to the support level after retesting the upper boundary of the channel. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Shortby DeGRAMUpdated 114
GBP/USD BEST PLACE TO BUY FROM|LONG Hello,Friends! GBP/USD pair is in the uptrend because previous week’s candle is green, while the price is obviously falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.276 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 113
GBPUSD, Ready for sell IF ....Hello traders, hope you doing great. for upcoming days, I think we'll probably see a downtrend in GBPUSD to specified Level IF the price stabilizes below 1.2734 . so we have to wait and see what will happen. and finally tell me what do you think? UP or DOWN? leave your comment below . if this post was helpful to you, please like and share with your friends. Thanks. Shortby aminrzbUpdated 3318
GBPUSD SELL NOW!!!!!!!!!!GBPUSD created a long selling pressure from the NFP impacts now price got rejected from the fvg zone am expecting to see the price creates new lows at 1.25992 JOIN AND ENJOY Tell us your views or take on GBPUSDShortby CAPTAINFX23
GBPUSD H4 I Bullish BounceBased on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2694, which is an overlap support. Our take profit will be at 1.2754, a pullback resistance. The stop loss will be placed at 1.2607, which is a pullback support level below 161.8% Fibo extension 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. 70% 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 FXCM5
Falling towards overlap support level?GBP/USD is falling towards a support level which is an overlap support and could potentially bounce from this level to our take profit. Entry: 1.26959 Why we like it: There is an overlap support level. Stop loss: 1.26333 Why we like it: There is a pullback support level which lines up with the 50% Fibonacci retracement. Take profit: 1.27675 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement. 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
i have purchased gbp/usd at current ratesi bought the pound sterling against the dollar from the current prices and from the bottom of the ascending channel, with all my targets marked. tp1 1.2753 tp2 1.2783 tp3 1.2723 Longby omarmahmood1
GBPUSD Next Buy opportunity 1.2690 - 1.2699GBPUSD Next Buy opportunity 1.2690 - 1.2699 TAKE PROFIT 02 : 1.1.2792 TAKE PROFIT 03 : 1.2734 STOP LOSS 1.26807 When markets open, place your limit order with proper money management. When 1st target hit make sure to move your stop to breakeven. Key level 4H Support price - 1.25012 4H Pressure price - 1.28277Longby chamitha453
GBPUSD WEEKLY BREAKDOWN GBPUSD rejected a key level on the weekly which caused a major retracement on the daily and 4hr timeframes.Short06:13by Technicalrayner222
GBPUSD - Easy intraday or swing sellThere 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 TradesShortby Simba_TradingUpdated 6
GBP/USD: 350 Pips Sell from Third Trend Line BounceGBP/USD is in the midst of a compelling sell-off following its third bounce off a critical descending trend line on the daily chart, reinforcing a strong bearish trend purely through price action. The pair has started its descent from the 1.2850 area and is expected to plummet 350 pips, targeting the 1.2500 level. This classic technical setup underscores the power of trend line resistance in dictating market direction. Jump into this move to capitalize on the ongoing momentum, aiming for significant gains as the price heads towards the key support zone!Shortby akumjoel3323
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 TTradessss6
Temporary Sells on GBPUSDCaught sells from this setup. For the next few days/weeks we should see price drop to 1.2 vs the dollar. We will be looking to buy at the end of this setup Shortby WealthCreationFX221
GBPUSD Analysis: Support and Resistance SetupIf you’re into support and resistance trading, GBPUSD might be worth a closer look. 1-Hourly Chart: - Support Level: 1.2704 - Resistance Level: 1.2743 Before engaging in the trade, wait for a MCC to ensure a reliable entry point. What’s your trade plan for GBPUSD? Comment down below and share your strategy! Happy trading!by RaynLim110
GBPUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare1
Post NFP GBPUSD ShortsMarket Analysis by The Forex Messiah The Non-Farm Employment data exceeded expectations, coming in strong at 272K versus the forecasted 182K. This positive surprise caused the DXY to rally over 0.9%, reflecting a significant gain in the US dollar. Given the GBPUSD's bearish reaction to this news, we anticipate a continued downward movement towards the 1.25 level. It's important to keep an eye on next Wednesday's CPI data. Should the CPI data come out positive, it will likely drive the GBPUSD further down. The 1.28 level has demonstrated significant resistance over the past two weeks. Even if the CPI data is negative, it is expected that the 1.28 zone will continue to act as a strong resistance. The following is news and data we need to keep an eye out for over the coming week: Core CPI m/m, CPI m/m, CPI y/y Federal Funds Rate FOMC Economic Projections FOMC Statement FOMC Press Conference Core PPI m/m PPI m/m Unemployment Claims Prelim UoM Consumer Sentiment Good luck guys!Shortby TheForexMessiah2
GBPUSD long trade intradayHello guys this is my analysis for gj for the coming week. I believe price will head up to higher highs from here as it's still in an uptrend. If it bounces off this level I will be longing this pair Trade safeLongby Chathifriends1110
GBPUSDGBPUSD is in bullish momentum, but there is divergence on RSI, possibly there is a pullback/retracement, trade plan mentioned on chart. Shortby AsifAwan11112
GBP/USD is heading to 1.266666(6/8/2024)GBP/USD faced a big loss after NFP data. Right now the price left a big FVG, and we believe its going to be filled the next week. DXY moved sharply and sentiment around it is bullish as well. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)Shortby fortunamarkets225
GBPUSD Can Go Lower Next Week 🇬🇧🇺🇸 GBPUSD turned very bearish after a release of US fundamentals on Friday. The price formed a double top formation on a daily and violated its neckline. I think that the fall may continue next week. Next support - 1.27 ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader117
GBPUSD - Short Trade Idea (ICT)Here is a short trade idea on GU. On last Friday we had a volatile displacement to the downside, so I would like to take a short, targeting the SSL below, into a weekly FVG. Pretty straight forward trade. Price could go lower than that if the trade was correct in the first place, so I would likely leave a runner between 20-30% of the position at that point and trail my stoploss to breakeven. Trade safe. - R2F Shortby Road_2_Funded4
Its coming for that double top liquidity.GBP is even more bullish than EUR in my opinion. it has created a nice SMT in the BPR. Now closing above IFVG H4 we got nice H1 FVG. Will be looking for entry on M15. 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-HunterUpdated 9