GBPUSD Multi TF Analysis 28/5/2024SL - 1.27310 TP - 1.28705 1M price chasing up. 1W price in strong strength. Channel up.Longby LawrenceWongWBSUpdated 115
trad 115 gbp usdt mid term close 4 h 1 h omadan dar nahiyeh ripper and man amadeh brayeh buy Longby tradingbtcusdtamir1
GBP bears challenging resistance levelPound has been challenging to break of 1.2643 level. Spikes from CPI and Dollar economic data tried but were not successful. Still expecting a drop towards 1.2500 levelsShortby J_NgatiaUpdated 118
GBPUSD H4 BEARSTimeframe H4: Entry of bears in the market during london session. Timeframe H1: Possible support could be 1.2669. Alternative view: H4: A break above 1.2780 qualifies bulls continuation to the upside.Shortby J_NgatiaUpdated 113
gbpusd should touch support areagbpusd for raise need correction and when touch support area move up again so be on trend please for take positionby MR_G0ld2
BGPUSD 15 MIN Bullish Support Zone Gbpusd 15 min bullish support zone one pull back are comes First tgt day high Lets see whats mkt hpnLongby Sandeepsingh550
GBPUSD Bullish bias May retest strong resistance Short setup can be taken after the retest Currently a long setup can be taken until it touches the resistance zone Longby Mibbro0
Long GBP/USDA bearish OB has been disrespected, followed by a bull order block accompanied by a major Break Of Structure. This is reinforced by the respected Breaker Block that was formed by the original disrespected bearish Order Block. When price moved inside the BB, there was a bullish Order Block on the 15 minute chart, therefore my entry. I can also be certain there will be another Break Of Structure here. Feel free to comment your thoughts below :)Longby japeshAGRAWALUpdated 4
Shorting GBPUSD after liquidity grabGBPUSD has grabbed liquidity from top and i believe it was just a fake out to grab liquidity, now it is back running between daily trend, i believe it will go down towards resistance, and stops at above previous high giving us approximately 1:10Shortby Haxza3
GBPUSD got rejected on support zone heading to an up trend in 30GBPUSD got rejected on support zone making it a key zone for bullish momentum to take off a strong zone that indicates that buyers are on control by wisdomzaddy0
Sterling at Critical Levels VS USD and EUR: Keep on Your RadarThis morning, the EUR/GBP cross is beginning to erode the 0.8492 lows that have held since August 2022. This level is vulnerable, and directly below it lies the 200-month moving average (MA) at 0.8434. However, we believe the GBP/USD chart is more critical. The pair is pushing hard into the 16-year downtrend and the 55-month MA at 1.2850. Additionally, there is the 200-week MA at 1.2855 and the March high at 1.2894, all of which present significant resistance. We should consider the possibility that these resistance levels will hold on the initial test. However, it is important to keep an eye on these markets, as we suspect these key levels are under attack. Given their importance, a weekly close beyond these levels is necessary to confirm any break. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site. 02:02by The_STA2
GBPUSD Institutional tactics setupHello good people this is my setup that i am looking for to take today in this pair Risk reward 1.11RR The system ; Institutional tactics If you like my idea follow subscribe comment and show some love wish you good luck and good tradingShortby AlphaBull-Trading3
Fundamental Market Analysis for May 29, 2024 GBPUSDThe Pound-Dollar pair is trading with small losses near 1.27600 during the Asian session on Wednesday. A moderate recovery in the US Dollar (USD) and US yields amid lower expectations of a rate cut by the US Federal Reserve (Fed) in September is weighing on the major pair. Later on Wednesday, the Fed's Beige Book will be released and Fed Chief John Williams will deliver a speech. Consumer confidence improved slightly in May, the Conference Board reported Tuesday. The gauge rose to 102.0 in May from 97.0 in April, beating an estimate of 95.9. However, U.S. consumers remain concerned about inflation, and many households believe interest rates will rise over the next year. Meanwhile, US Federal Reserve officials made more hawkish comments, which generally helped to strengthen the dollar. Fed chief Michelle Bowman said Tuesday she would support either waiting for the pace of quantitative tightening to begin to slow or a more moderate process of rate cuts than was announced earlier this month. Minneapolis Fed President Neel Kashkari said the central bank should wait for significant progress on inflation before cutting interest rates, adding that he expects no more than two rate cuts in 2024. On the other hand, the expectation that the Bank of England (BoE) will start cutting interest rates in June is dragging the Pound Sterling (GBP) down. The International Monetary Fund (IMF) raised its growth forecasts for the UK economy, but expected the Bank of England to cut rates two or three times. Amid a lack of important economic data releases from the UK, election speculation could boost GBP movement. Worries about political uncertainty may hurt the British pound and create a headwind for the GBP/USD pair. Trading recommendation: Trade predominantly with Sell orders from the current price level.Shortby Fresh-Forexcast20040
GBPUSDPrice broke structure to the downside on the daily. Still watching the key weekly levels above and below. If price decides to go lower will be targeting the daily lows below. NB: don't try to fight you the market, instead focus on what it's printing and go with it.Shortby hskarue0
GBPUSDPrice broke structure to the downside on the daily. Still watching the key weekly levels above and below. If price decides to go lower will be targeting the daily lows below. NB: don't try to fight you the market, instead focus on what it's printing and go with it.Shortby hskarue0
CABLE HEADING DOWNI was waiting to short GBPUSD from a while, and i finally think this lady looks ready. On h1 timeframe, 1.27750 is a strong resistance area and on short term, till we are below that price we are bearish. On Higher timeframe, looking at h4 we have a support zone at 1.27250 and we will probably range there before dropping. I have a final target at 1.26500, and invalidation above local highsShortby CryptoForexGem2
Long on GUHello traders. This is my idea on GU. I'll be looking to go long at around 1.2752. This morning GU came down to tap into a 1h/4h order-block/demand zone. Then the market rejected it and made a structure shift to the upside. My entry is at the 15m demand zone I'll be looking to target yesterday's high for a 50 pip move. We will see how it plays out. DankoLongby thebasiqtrader0
GBPUSDHere's the narrative: Following the recent surge in this currency's value, I perceive it as a pivotal focal point for future developments. Exercise caution, recognizing that the market can swiftly shift in an unfavorable direction. Take responsibility for your actions and their potential outcomes. Thank you for your attention to this matterShortby Dietermorrison1
GBPUSD : BULLISH upto 1.282🎯🎯🎯 GBPUSD BUY @1.275❗️ Sl: 1.273 (20 unit pips risk), Tp1 : 1.282 (70 unit pip target). GBPUSD BUY Limit @1.274❗️ Sl: 1.2715 (25 unit pips risk), Tp1 : 1.282 (80 unit pip target). Join us in our socials for more updates.Long01:23by tripplepips0
uptrend It is expected that the current corrective trend will end in the specified support ranges and we will see the beginning of the upward trend. With the breaking of the support trend line, the continuation of the corrective trend will be possibleLongby STPFOREX3
GBP/USD - Continuation TradeWe have a completed Up-Trend wave structure in the Cable. Yesterday we saw a pullback below Structure 4 which is a reset structure. The price has stalled at the DH3 which was a Buy point for the last rally that took place yesterday. This is a high-probability setup. BUY Point 1.2754 STOP Loss: 1.2744 PROFIT Target: 1.2816Long06:50by Charts247TradingAcademy0
GBP/USD - LongHi traders A potential long opportunity here. We have hit the bottom of a channel,we have actually come out of it however it hasn't been broken.I'm expecting a move up from here.Longby GuardianFX0
GBPUSD ABCD Idea H1Here is my ABCD idea for GBPUSD on H1. OB range are on 61.8% and TP target at -27.Longby Aznan_Alsidik0