GBP/USDexpecting GU buys pretty soon, ---------------------------------------------Longby kristian9980
GBPUSD looking bearish for this week.Reference from last idea post: Price has created breakout to the downside. Will be looking for sell entries when price pulls back, looking at zone 1.27038 - 1.27220 (Grey Box) about 20 pips zone. That will be my point of interest. Price will likely go downwards towards Daily support area at 1.25913. After which price will need to break out the Daily support if price continues bearish, towards Weekly support level at 1.25245. Price has been moving bearish ever since it was not able to breakout the Monthly resistance at 1.28361 (Orange Line). From this point price has been pushing down since last week.Shortby fuadalhakimofficial0
GBPUSD Continue Bearish!GBPUSD is in bearish trend and forming bullish flag pattern, RSI indicator shows no divergence. The price is expected to move downwards, trade plan is to take short position at breakout of flag pole. Shortby H2TO0
Analyze GBPUSD OANDA Chart in All Scales Part.1This Video Describe My Idea About GBPUSD Chart in All Scales and finished in End of The Chart, so I Share my Idea and I follow My Idea and share in this place, Good Luck With Your Trades :D20:00by AfshinGolden111
Bearish Gbpusd Expecting a rejection of the 1.27 level to sell to the day's low not expecting a big move just a max 1:3 and we out Shortby Zim_10
GBPUSD BEARISH -June 17📢 Signal: SELL GBPUSD 📉 Entry Point: 1.26897 🔍 TP1: 1.26497 🎯 (40 pip TP) TP2: 1.26297 🎯 (60 pip TP) TP3: 1.25997 🎯 (90 pip TP) SL: 1.27097 ⛔️ (20 pip SL) Ensure proper risk management when following signals! 💡 @Mr_Bombastic_SignalShortby mr_bombastic_signal0
GBPUSD forms a bearish bat pattern and starts to move downOn the daily chart, GBPUSD started to move downward after forming a bearish bat pattern, and the short-term bearish trend is dominant. In addition, GBPUSD formed an insidebar break on Friday last week, and the downside risk increased during the day. The current key resistance is around 1.2740. If the rebound is blocked, you can consider shorting (a light position short order can be tried around 1.2700). The support below is around 1.2570. After breaking through, the support below is at 1.2500.Shortby XTrendSpeed0
correction It will be possible to continue the downward and corrective trend according to the specified paths. It is expected that the price will not be able to cross the 78.6% levelShortby STPFOREX0
GBPUSD IDEA After a rejection of 1.27500 area and a break below support will GBPUSD continue a bearish move for the week 03:43by Technicalrayner1
GBPUSD: The currency pair is in bearish hands. Falling further?GBPUSD closes the week and Friday afternoon session below the key level of 1.2686. Accordingly, the market is in the hands of sellers and bears. From the opening of the session, the fight for space may continue. A pullback to the liquidity area of 1.2715 - 1.2345 may be formed, further it is worth paying attention to the support retest, which will increase the chances of a breakout and further decline Strategy: If the price immediately begins to consolidate below the level, then further only decline to 1.264 - 1.259. If the price starts to form a pullback from the opening of the session, it means that the market maker went for liquidity. We are waiting for a retest of the support at 1.268 and further downward breakout. Shortby Gold-Tech0
GBPUSD IS IN BULLISH TREND GBPUSD is in bullish trend it moving in chenal and printing false breakout Fundamental: DXY : Bearish ( droping more faster then BXY) BXY : Bearish Technical : Moving in chenal showing false breakout. Trade Plane Entry: 1.26747 Stop Loss : 1.26291 TP1: 1.27715 TP2: 1.28600Longby rizwanahmed06030
XAUUSSD FORECAST : 17TH - 21ST Here i bring you xauusd analysis for this coming week . So here there is likely up movement and there is chance of pull back so the area of BUY is mark. So is betterto to set a nice target stoploss before entering a trade.Education09:56by FrankFx140
Long position Bearishmarket is currently exhibiting a bearish trend, with downside momentum expected to continue as long as the resistance level at 1.2739 holds firm. Traders should monitor this level closely, as any failure to breach it will likely result in further downward movement.Shortby hamid_mehrpour0
GBPUSD - Price to 1.3050 or 1.2350The cart is cluttered with a lot of lines, but is needed to provide clarity of my thought process. In the charts below, you can see in more details the long term channel, long term trendline and short term trendline. Its highly likely that GBP is going to take one of the two paths. As evident for the chart, price is bouncing around in the long term channel with the middle blue line providing good support and resistance while the price is above or below it respectively. As of now, price is taking support of the middle blue line, which also lines up well with the retest of the long term trendline. Scenario 1: (Green) For this scenario to play out, we have to consider the retest of the long term trend line and the middle blue line providing support for a move upward towards 1.3050 Scenario 2: (Red) For this scenario to play out, we have to consider a false breakout from the short term trendline and price rejection from the upper range horizontal resistance line for a move towards 1.2350 Its clear for the charts that price will be taking one of the two paths. I have taken a long from1.26647 and would be rooting for the Green scenario to play out, but will move my stop loss to profit knowing well the two big market moving events coming up next week: 1. 19th June (Wed) - UK inflation data release 2. 20th June (Thur) - BoE interest rate decision Let me know what you think, which scenario will play out, Green or Red?Longby nikhil612Updated 1
GBPUSD bullishGBPUSD bullish until triangle's cuspid It's a long term analysis. Can take months Re-entry or TP 1 at 50-61.8% TP 2 at 100% Longby eldes0
Trade Signal for GBPUSD Pair: SellWe have a new trade signal for the GBPUSD currency pair. Based on our analysis using the EASY Quantum Ai strategy, we suggest opening a SELL position. Direction: Sell Enter Price: 1.27617 Take Profit: 1.2731 Stop Loss: 1.28 This decision is grounded on several key factors. Firstly, recent economic data from the UK has shown signs of slowing growth, leading to an overall weaker pound. Furthermore, geopolitical uncertainties around Brexit negotiations continue to put downward pressure on GBP. Meanwhile, the US Dollar is gaining strength due to positive economic indicators and a more hawkish stance from the Federal Reserve. This contrasts with the dovish outlook from the Bank of England, creating a divergence that favors the USD over the GBP. By entering the trade at 1.27617, setting a Take Profit at 1.2731, and a Stop Loss at 1.28, we aim to capitalize on the expected downward movement while managing risk appropriately. Monitor the trade closely and adjust as necessary based on real-time market conditions. Happy Trading!Shortby ForexRobotEasyUpdated 0
GBPUSD SHORTI am watching the GBPUSD and I think that if it is strong enough to break the trend & the drawn area i'll go short it will continue to the drawn area below as a target for the sell.Shortby Ehab_Ali0
Check the trend It is expected that the price will change the trend in the support range and the specified time range and we will see the beginning of the upward trend. If the price crosses the support range, it will be possible to continue the downward trend until the next support range Shortby STPFOREX0
GBPUSD. Weekly trading levels 10.06.2024 - 14.06.2024During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!by Forex_HobyUpdated 0
GBPUSD is looking real bearish now...now that we are coming to close out the week it looks like price want to break the previously weekly low. Waiting for the remainder of Asian range to play out before attempting a entry. since it is Friday price can be really flakey. Short02:55by DWoodz0