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
GBPUSDLooking bearish for this pair. I guess will drop more next month. Trade with own risk. Trade direction not a sharp entryShortby Avaat2
GU LONG been a while since i bothered posting GU long for june or till TP is tagged SL is wider than shown PA based on BOS NFP 6 june may see consolidation til that point partials may be secured to risk off on certain events Longby ThesmallLong_0
MY OUTLOOK ON THE GBP/USD MARKETGBP/USD 1D - My outlook for this market has changed slightly with price recently absorbing the Supply Zones I had marked out, it forced me to look at the bigger picture again. Looking at the bigger picture, we can see that price has broken structure to the downside on the highest of timeframes after penetrating a large area of Supply, however I believe price is actually still within the initial correction after the break. I have gone ahead and marked out an area above I feel price may come to clear before we are delivered with the next bearish move to the downside, so with that being said, we could look to buy into this market before we sell longer term. I have gone ahead and marked out a FVG thats on the 1D timeframe that I feel price may pullback down and into to set a higher low as part of this correction before taking us higher. This is somewhere we can look to go long from, its important we are delivered with entry confirmation first though before entering.Longby Lukegforex4
As we prepare for NFPGBPUSD has been consolidating for a while now , and it time to take a big profit on ShortShortby sompa3
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
GBPUSDSELL on the theory markets ranges 70% of the time, and SELL on the theory markets retraces HALF of the previous leg 90% of the time. Entry on 1h TF is recommended. Breakdown already imminent. Shortby ComteSt.Germain2
GBPUSD: First red dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ no cycle Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day ✅ First Green Day 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump ✅ Dump&Pump Frontside Backside ✅ 4. THESIS: Long: secondary, trend continuation through the HOW, I can see this scenario as a higher into Friday high, dump and today consolidation for a major move. Short: primary, although I agree with both the scenarios today, I prefer keep following signals and process to stick my plan. Weekly pump and dump with a potential move down going to stop long traders from Monday. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni Shortby GianniPichicheroUpdated 662
GBPUSD - 4 confirmations - Triggered our SL - loss of 0.5%The market revered back to our SL and took us out at -0.5%. The account is still up 1.5% for the week. So far this week we have taken 3 trades, 1 cut even, 1 loss and 1 win07:27by Manny_FX_0
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
GBP/USD 5 June 2024GBP/USD This is my top down analyse enjoy it have a nice dayLong07:17by humorousRice210261
GBPUSD Long - 4 Confirmations Part 1 R:R 1:2GBPUSD Long- decided upon four confirmations. These are the four confirmation that are required in order for us to enter the market in this set up 4 confirmations: 1st Confirmation: Retest at one of the designated fib levels. The fib levels need to be measured from the H4 or higher 2nd Confirmation: Retest at a zone of Supply and Demand. The Supply and Demand zone needs to be formed from the H4 or higher 3rd Confirmation: Confirmed engulfing pattern in the direction of the trade starting at the H1. 4th Confirmation: Break of support or resistance in the lower timeframes starting with the 3 minute in the direction of the trade.Long04:45by Manny_FX_0
GBP/USD Short (short term)Daily fell below previous week high. We build a reversal and rally-base-drop on 4h, what indicates rejection above previous day high. We are now trading and building rejections on the order block that brough us below the high around 1.2766. If we get a 30min reversal candle, I would sell this with first TP around today days low at 1.2743Shortby MichaelBwUpdated 2
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 DOUBLE BOTTOM BUY Hereon GBPUSD price has made a double bottom and likely to move up more after retest the support line1.27660 and now is expected to go for LONG and expected targeting profits should be around the level of 1.27905Longby FrankFx140
GBPUSD SCALP BUYManage SL during news time, intraday trade tp and sl mentioned not a financial adviceLongby ArehmanB2
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
check the trend As long as the price fluctuates above the green support range, it will be possible to continue the upward trend according to the specified paths by STPFOREX1
GBPUSD DAY TRADING IDEA FX:GBPUSD From a Day Trading perspective and A trend following Reason.. Its expected that gbpusd hits the current demand level during london open and gives a confirmation,, then i will be looking to enter for a buy at a discounted level and trade towards supply zone.Longby fayzfx021
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
Trading Signal for GBPUSD: SellDirection: Sell Enter Price: 1.28068 Take Profit: 1.27362 Stop Loss: 1.28104 Justification for the Forecast: Based on the analysis using the EASY Quantum Ai strategy, the following factors have informed the sell direction for the GBPUSD currency pair: 1. Technical Indicators: Key technical indicators on the charts, such as moving averages and RSI, are showing signs of a bearish trend. The price has crossed below important moving averages, indicating potential downward momentum. 2. Support and Resistance Levels: The current enter price of 1.28068 is near a resistance level which has previously held firm. This suggests that the price is likely to bounce downwards from this level. 3. Market Sentiment: Analysis of market sentiment shows a majority of traders have taken a bearish stance on GBPUSD, which further supports the decision to sell. 4. Economic Data: Recent economic reports from the UK have been weaker than expected, putting downward pressure on the GBP. Conversely, strong economic data from the US supports the strength of the USD. Please proceed with the sell order at the proposed enter price of 1.28068 and set the take profit at 1.27362 and stop loss at 1.28104. This forecast is made with the assistance of the EASY Quantum Ai strategy.Shortby ForexRobotEasy1
Sell GBP/USD Beairsh FlagThe GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry : Consider entering a short position around the current price of 1.2710, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.2665 2nd Support – 1.2640 Stop-Loss: To manage risk, place a stop-loss order above 1.2760. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you. Shortby KABHI_FOREX_TRADINGUpdated 141465