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
DeGRAM | GBPUSD rebound from strong supportGBPUSD is moving in an ascending channel between the trend lines. The price reached the lower boundary of the channel, bounced and is back above the dynamic support. The chart also touched the support level, which has acted as a pivot point four times recently. We expect the rebound to continue with a possible retest of the dynamic support. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Longby DeGRAMUpdated 226
GBPUSDHello guys this is a potential 1400 pips you might profit from as we can see price actionis saying we have broken the big trendline and the small or counter trendline has also been broken so next week, will be waiting for the market to give a pullback and I will be willing to jump in on my sells for a potential 1400 pipsShortby Victor_Hunter_Turner225
GBPUSD moving to major downtrendwait for confirm trend changing, and loo for confirmation selling entry position at retrace.Shortby dodogtg115
GBP/USD Forecast: Downward Trend Likely Amidst Policy DivergenceHello everyone, it's Rena here! Today, let's dive into the analysis and forecast for the GBP/USD. As of now, GBP/USD is trading around 1.2600. The recent movement in this pair is influenced by several significant factors: Monetary Policy Divergence: The Bank of England (BoE) has been more cautious compared to the Federal Reserve (Fed), which has maintained an aggressive stance on interest rate hikes. This divergence in monetary policy is a key factor affecting the GBP/USD pair. If GBP/USD can maintain above the support level of 1.2500, there might be potential for a recovery towards the resistance level of 1.2700. Given the current economic indicators and the divergence in monetary policies between the BoE and the Fed, GBP/USD is likely to face continued downward pressure. Monitoring upcoming economic data releases and central bank announcements will be crucial. What do you think of this prediction? Will GBP/USD continue to decline, or will there be a rebound? Share your thoughts and let's discuss! Shortby Rena_Potter116
ready to open a sell position on GBPUSdHi there, We are ready to open a sell position on gbpusd. In weekly and daily timeframe price in a powerful descending channel, but we are watching a ascending channel in H1 and H4 timeframe. So we are waiting to break this ascending channel and after that open two sell position (midterm and long term position) For long term position sell it at 1.274 TP1 1.214 TP2 1.164 SL 1.324 Please give you comments below.Shortby takeprofitwithus114
GBPUSD printing bullish reversalGBP USD printing bullish reversal Bullish Divergence Bullish Candlestick PatternLongby fay_pasai113
GU New York session The ppi gave out a few pips and took out the previous sessions liquidity. The last trade of the day a short towards London low.Shortby hskarue443
GBP/USD: Will This Pair Continue to Decline or Rebound?Hello everyone, today let's join Rena to review some information and predict the trend for the GBP/USD currency pair! If GBP/USD maintains above the support level of 1.2550, we might see a recovery towards the resistance level of 1.2650. Today's trend may continue to decline due to the difference in monetary policies between the Bank of England (BoE) and the Federal Reserve (Fed), along with strong economic data from the US. What do you think about this prediction? Will GBP/USD continue to decline or will there be a recovery? Share your thoughts and let's discuss!Shortby Rena_Potter225
Bullish Sentiment This has already met my high timeframe criteria,all my four(4) major confluences of-Market(BoS),Demand,Imbalances and Liquidity has been met. Now I’m patiently waiting on the lower timeframe to confirm my entry model(ChoCh) of a-lower low,lower high,lower low and then a higher high. Once i have it confirmed I’ll be entering with my buy limit orders on any significant lower timeframe demand zone, targeting a 1:2.5RR minimum.Longby MeekBosslife113
GBP/USD shortGBP/USD One hour trading report overview Tickets (EP): 1.2795 Reason: Select the 1.2795 entry point based on the relative strength index (RSI) and wait for favorable opportunities Opportunities exist during market corrections.This setup suggests the best entry point to capture a potential downtrend. Stop Loss (SL): 1.2868 Rationale: Stop loss is set at 1.2868, calculated using average true range (ATR) data.This strict stop-loss setting is designed to protect the trade from any unexpected upside, thereby minimizing potential losses. Take Profit (TP): 1.2711 Reason: Take profit level is set at 1.2711 The strategic goal is to maintain reasonable profits when the price is close to the previous support level and to ensure reasonable profits when the price pulls back. Profit on this trade: 84pips (840usd/lot) Please note that foreign exchange trading involves risks and the analysis provided is based on the information provided. Market conditions can change rapidly, so it is important to stay current and consider implementing risk management strategies. It is crucial to monitor the market closely and adjust your trading strategy accordingly.Shortby Tracyanalyst114
GBPUSD Buy IdeaOANDA:GBPUSD has moved more than 100+ pips down on NFP. Currently, It has been forming Higher Highs and Higher Lows of 15min TF indicating the potential correction of unsustainable new momentum. We can look for long opportunitiesLongby haider_aabbas113
GBP/USD Under Pressure, Potential for Bullish ReversalThe GBP/USD pair continues to face downward pressure, gradually moving toward the 1.2700 level during the European sessions on Monday and Tuesday. This level has historically acted as a strong support area, with the price rebounding several times previously. Market Dynamics Sustained Downward Pressure: The GBP/USD remains under selling pressure due to prevailing market concerns and a cautious risk environment. Support Area: The pair is nearing a crucial support zone around 1.2700, a level that has consistently attracted buyers in the past. Technical Indicators RSI Divergence: The Relative Strength Index (RSI) shows a divergence, suggesting that the bearish momentum might be weakening, paving the way for a potential bullish reversal. Resilient Support: The price has tested this support area multiple times without breaking significantly lower, indicating a possible rebound. Considering the technical signals and the anticipation of the upcoming US Consumer Price Index (CPI) report, there is a potential for a bullish move in the near term. Key considerations include: RSI Divergence: The divergence on the RSI suggests a waning downtrend, supporting the likelihood of a bullish impulse. US CPI Report: The upcoming CPI report could act as a catalyst for market movements. Positive data for the USD could impact the GBP/USD pair, potentially driving it higher if market sentiment shifts. In conclusion the GBP/USD pair is currently moving lower towards the 1.2700 support level, but technical indicators like RSI divergence point to a potential bullish reversal. As the market awaits the US CPI report, traders should look for signs of a rebound from the support area. If positive momentum develops, it could trigger a significant upward movement. Monitoring the support level at 1.2700 will be essential for anticipating the next move in the GBP/USD pair.Longby FOREXN1Updated 333
GBP/USD: Up or Down After CPI Data?Hello traders! Let's delve into the GBP/USD trend for June 13, 2024, following the higher-than-expected UK CPI data release. The GBP/USD market is experiencing volatility with various conflicting factors. GBP/USD is currently trading around 1.2250, up slightly from yesterday. GBP/USD is likely to continue its upward trajectory in the short term due to: Higher-than-expected CPI figures indicate rising inflation, which could prompt an earlier-than-anticipated BoE rate hike, supporting GBP/USD. Investor concerns regarding a potential US recession are weakening the USD and boosting GBP/USD.Longby Rena_Potter223
GBPUSD Weekly analysisThis is the Expected move on GBPUSD this week and then we will find our buying opportunities once we are respectedLongby GoldenB55226
GBPUSD - BearishThe GBP/USD pair is showing bearish momentum after hitting a strong resistance zone. It is expected to continue this downward trend. The recent lower high (LH) touched the 0.618 Fibonacci level and formed a bearish candle, indicating the establishment of this LH. This suggests a continued bearish movement, potentially leading to a new lower low (LL).Shortby Choughle111
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
Market Overview Part 10Me Going Over My Full Strategy In Deep Detail .Learn How I Read The Charts 19:58by Tradelord12111
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
GBP-USD Swing Long! Buy! Hello,Traders! GBP-USD is going down In a bearish correction But will soon hit a Strong horizontal support Of 1.2683 from where A bullish rebound Is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals224
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
GBPUSD Forecast for bullish position on Demand Zones 1HFollowing the macro timeframes, GBPUSD has respected the market structure pretty well now expecting to do the same waiting the confirmations on micro timeframes like 15M and 5MLongby NicoSelmanUpdated 113
BUY IDEA GBP/USDFrom the specified support area, we can expect a reaction in the direction of buyingLongby Ali-Rezaei-FX221