Buy GBPUSD @ Blue Line This is another Elliot Wave, or you can look at it as a Higher High structure. We are forming the 5th wave and reaching higher highsLongby BlueAreaInvestments2
GBPUSD Support Rejection Identified At 1.2795 06.06.2024- Support rejection identified at 1.2795 on GBPUSD's 30 minutes chart. - If rejection holds, potential upward movement to 1.2807. - Break above 1.2807 may lead to further gains towards 1.2821. - Conversely, if rejection fails, potential downward movement to 1.2786. - Break below 1.2786 could trigger further decline towards 1.2779. Apply risk management Source: BDSwiss Academy Page on Tradingview Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)Longby BDSwiss_Academy110
Bear pressure is building! This is a move on GU that I have been waiting for. I need further confirmation that it want to move forward with what I am seeing so I waiting for London session to see how price reacts to the added volatility. I'm thinking that now that we have established a high for the month, price can really start to move. Key is to remain patience and just wait for price to come to you. Short02:10by DWoodzUpdated 1
GBP/USD Long-Term Outlook: Bearish to 1Y PPHello Everyone, Despite the recent rise in GBP/USD, the long-term outlook remains bearish. Currently, we anticipate a movement towards the 1-year pivot point (1Y PP). TradeWithTheTrend3344Shortby TradeWithTheTrend33444
GBPUSD Sell OpportunityThe GBPUSD pair presents an enticing sell opportunity at the current price of 1.27800, with favorable potential for profit. Targets: Primary Target: 1.27478 Secondary Target: 1.26820 Breakout Scenario: In the event of a breach above the resistance level of 1.28200, indicative of a bullish breakout, the target price is anticipated to ascend towards 1.2900. Technical analysis indicates a notable selling sentiment prevailing in the market at the present price level. Fundamental factors align with the proposed sell strategy, suggesting downward pressure on the Silver pair. Prudent risk management measures should be employed to mitigate exposure to potential adverse market movements. Disclaimer: This analysis is provided based on current market conditions and historical price data. Traders are advised to conduct independent research and exercise caution, employing appropriate risk management techniques, before executing any trading decisions.Shortby GODOCM3
BUY GBPUSD 05/06I've been a buyer of the GBPUSD for many weeks. I'm still buying this week. We are currently still on an interesting setup: Back in OTE zone Rebound on Breacker Block It's easy enough to aim for a new BOS. Feel free to subscribe and boost this post if you enjoyed my analysis, and tell me what you think! Happy trading and a great week :) Longby InfiniteY6
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
GBPUSD H4 | Bullish bounce?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2792, which is a pullback support. Our take profit will be at 1.2864, a multi-swing high resistance. The stop loss will be placed at 1.2732, which is an overlap 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. 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 FXCM2
Bearish butterfly harmonic reversal pattern in GBPUSDA bearish butterfly harmonic reversal pattern was observed in GBPUSD pair in an hourly timeframe. There is a minor bearish divergence near point D of the pattern signaling a reversal in the uptrend with point D being the potential reversal zone (PRZ). Breakout at point B could be a good point to take short positions in the potential downtrend.Shortby wakqas124
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 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
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
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
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
GBPUSD Bullish Trend ContinuationThe GBPUSD has made a wave structure (3) which signifies a strong up-trend is ongoing and we should be expecting a test or a break of the high. The Current price area is a High probability Buy Zone using the Fibonacci. Buy Profit Targets : T1 1.2849 & T2: 1.2902 Stop Loss:1.2733Long06:10by Charts247TradingAcademy111
DeGRAM | GBPUSD double top at the channel boundaryGBPUSD is moving in an ascending channel above the trend lines. The price has reached the upper boundary twice, forming a double top. The chart has formed a pattern AB=CD. We expect a pullback after consolidation under the trend line. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Shortby DeGRAMUpdated 116
GBP/USD Full Analysis , Best Place To Buy It And Get 200 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.Long01:08by FX_Elite_Club222
GBPUSD 4 June 2024 GBPUSD is trading at a bullish market ! So it is wise to buy at the demand zones and we have quite good demand here , and i wanna buy from here Longby wolf97434
Bullish Bounce?GBPUSD is currently at the pivot and could potentially rise to the next swing high resistance level. Alternatively, if the price breaks below the pivot, it could continue to fall to the next support level level Pivot: 1.2794 Support: 1.2697 Resistance: 1.2894 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. Longby ICmarkets116