GBPUSD shortPrice is nearing a 2H Supply zone. after a nice move up. I am expecting price to move to the low after hitting the supply zoneShortby Tosumbua225
GBPUSD -SELLA technical sell looking at indictors on a short time frame however I also think price will retest 1.27185 mark before heading down. On the back of this week the dollar has shown strength, thus cooling off the loses across all dollar pairs. In hindsight we are likely to see more short momentum. Summary Entry = 1.27185 Target 1 = 1.26496 Target 2 = 1.26000 RR Ratio ( T1)= 2.02 RR Ratio (T2) = 3.41 Plan the trade, Trade the plan!!! Follow and Boost my ideas and let's Grow together.Shortby ForeignCapital_fx336
uptrend It is expected that a trend change will be formed in the current support range and we will witness the beginning of an upward trend. If the continuation of the corrective trend is formed, it can advance up to the green support range, then it is expected that a change in the trend will be formedLongby STPFOREX114
GBPUSDGBPUSD technical analysis Our technical rating for GBPUSD stock is buy today. Note that market conditions change all the time — according to my point viewLongby HavalMamar113
GBPUSD - Bearish Trade We will wait for the breakout of price from Double Top Neckline at 1.26817. Sellers will remain in control after price crosses down neckline support. The chart depicted Bearish Divergence before forming Double Top. Shortby ZubairShah91112
gu biasover all bias is long, would like to see short term sells into over all buys for the upcoming week Longby LesJack112
GBPUSD today The GBP/USD pair extended its gains near the 1.2720 level during early Asian trading on Thursday. This rise was supported by hotter-than-expected UK CPI inflation data, which reduced the odds of a rate cut by the Bank of England in June. However, the short- to medium-term trend remains largely consolidative, awaiting further data and new support to propel a stronger upward trend. by Trader_BrianFXUpdated 443
GBPUSD: USD pauses, market pays attention to April core PCE dataUSD pauses, market pays attention to April core PCE data ING predicts stability in USD currency pairs as investors await the release of the April core personal consumption expenditures (PCE) price index, expected on May 31. The firm believes that cross-asset volatility is likely to remain subdued in the coming weeks, which could spur the search for carry trades.Longby Chart_MasterPro113
GBPUSD - 24 May 2024Although price has now broken the neck line / support trend line, however this is not enough to convince me that the trend has already reversed and will start to move lower from here. I need further confirmation to supply really holding still and maintain a strong control to really change my bias to bear, now I prefer to maintain neutral. Price can still put in a HH from here.by FX_ArteezZ111
Mid-day trend downFX:GBPUSD Technical analysis: the price has contacted the support level of 1.2690 three times, from the view of sellers, if the support of 1.2690 is broken, the downward movement will start from the supply area of 1.2726. From the point of view of buyers, breaking the resistance of 1.2752 and starting the upward movement to the resistance of 1.2787Shortby majidhossine221
GBPUSD analysis week 21📌GBP/USD entered a technical correction and closed Thursday down after gaining 0.75% on Wednesday. The pair continued to rebound on Friday and traded near the 1.2700 resistance level. 📌Atlanta Fed President Raphael Bostic acknowledged inflation progress in April but noted that the Fed has not yet begun to ease policy. In a similar tone, Cleveland Fed President Loretta Mester noted that monetary policy was on track while they review more data, and Richmond Fed President Thomas Barking told CNBC that the Index data The latest consumer prices (CPI) show that inflation is not at a low level. The Fed tried to get. 📌The 34, 89 EMA is an important support level for GBP/USD at 1.2630. If the pair touches and confirms this as support, buyers will likely enter the market. In a bullish scenario resistance levels may appears at 1.2700 with a level of 1.2780 (78.6% Fibonacci retracement of the recent decline) if crossed will move towards the psychological level of 1.2800. Vice versa, if GBP/USD closes below 1.2630. This could attract sellers and usher in an extended correction towards 1.2600 (and 1.2540 🕯Trading signals SELL zone 1.27800-128000 SL 1.28300 BUY zone 1.26000-1.25800 SL 1.25500by TVS-TraderUpdated 24
#GBPUSD Sell SignalPrice formed a complete 3 drive pattern with an engulfing on the 4hr signaling a drop. We also have a break of market structure on the 1hr which support my short bias. Shortby Liquidity_Queen112
Prediction of GBPUSD movementI think GBPUSD will move higher to reach the resistances I have identified on the chart. From there, it will continue to move downwards. Please consider capital management. Good luck. Shortby siyamakshafighfardUpdated 113
GBPUSDDear traders! On the 4-hour timeframe we noticed an interesting candlestick pattern setup. Price action was confirmed high above the 1.2645-1.2650 support level. It is expected that in the near future the uptrend will be more certain, the target is at least in the area of 1.2800 - 1.2850Longby ConanForexUpdated 5529
GBPUSD: Bearish Continuation & Short Trade GBPUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short GBPUSD Entry - 1.2740 Sl - 1.2824 Tp - 1.2597 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals228
GBPUSD - 4hrs ( Most Accurate buy and sell area's / Tp 250 PIP )Pair Name : GBP/USD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Best Buy and sell area's ) Type : Mid Term Swing ——————————— Bullish Break 1.25800 Area Reasons - Major Turn level - Channel Break - Choch Zone - Fibo Golden 61.8 % - Pattern Break / Counter - Quarter low Area Target / Bearish Reversal 1.29000 Area ————— Bearish Break 1.24600 Area Reasons - Choch zone - inner Trend - Channel middle band - p 3 days / week low - Fibo Golden 2nd wave - Visible Range Hvn Target / Bullish Reversal 1.22000 Areaby GoldenEngineUpdated 44245
GBPUSD H4 | Bearish reversal Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 1.2707, a swing-high resistance Our take profit will be at 1.2605, a pullback support The stop loss will be placed at 1.2803, which is an overlap resistance. 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. Shortby FXCM16
Strifor || GBPUSD-23/05/2024Preferred direction: SELL Comment: Today is quite an interesting day from the point of view of the publication of economic events, and, most likely, there will be volatility in both the European and American sessions . Against this background, it makes sense, based on a number of important technical factors, to begin to consider selling priority for a number of major currency pairs. Among them is the British pound. It should be noted that this is not a short-term trade, and here we will consider two scenarios. Scenario №1 assumes a fall today, especially against the backdrop of those important economic indicators whose publication we expect today. Scenario №2 is a more conservative, but at the same time less likely, maneuver. In both cases, we consider the target at the level of 1.26500. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Shortby Viktor_strifor_analystUpdated 335
Market Analysis: GBP/USD Climbs SteadilyMarket Analysis: GBP/USD Climbs Steadily GBP/USD is gaining pace above the 1.2640 resistance. Important Takeaways for GBP/USD Analysis Today The British Pound is attempting a fresh increase above 1.2700. There is a key bullish trend line forming with support near 1.2690 on the hourly chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On the hourly chart of GBP/USD at FXOpen, the pair remained well-bid above the 1.2520 level. The British Pound started a decent increase above the 1.2600 zone against the US Dollar. The bulls were able to push the pair above the 50-hour simple moving average and 1.2640. The pair even climbed above 1.2700 and traded as high as 1.2726. Recently, there was a minor decline below the 23.6% Fib retracement level of the upward move from the 1.2656 swing low to the 1.2726 high, but the bulls were active above 1.2700. On the upside, the GBP/USD chart indicates that the pair is facing resistance near 1.2725. The next major resistance is near 1.2740. A close above the 1.2740 resistance zone could open the doors for a move toward 1.2780. Any more gains might send GBP/USD toward 1.2850. On the downside, there is a key support forming near a bullish trend line at 1.2690. It is close to the 50% Fib retracement level of the upward move from the 1.2656 swing low to the 1.2726 high. If there is a downside break below 1.2690, the pair could accelerate lower. The next major support is at 1.2640. The next key support is seen near 1.2600, below which the pair could test 1.2520. Any more losses could lead the pair toward the 1.2500 support. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. by FXOpen116
GBP short Intraday….I think good short setup is coming but confirmation on the favourite zone is must. Keep in mind trading is 90% waiting and 10% execution.. Good Luck ;)Shortby thebullsquad114
GBUSD SELLING TO THE HISTORICAL SUPPORTMy thought gbpusd has to bounce back to the low of 1985 before starting the new uptrend by Kesh_Code222
21/5 GBPUSD trading plan. GBPUSD bought near 1.27000. Relying on the room for the dollar to fall FX:GBPUSD OANDA:GBPUSD FOREXCOM:GBPUSD Longby AA_JackUpdated 113