GBPUSD Reversal GBPUSD has formed a double top and a 4h Bearish Divergence. Also sentiments are 84 Short. Sell Stops can be at placed 1.26419 the break of LH. Shortby Trader-Hash13
GBPUSD is approaching the uptrendHey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.26700 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.26700 support and resistance area. Trade safe, Joe. Let me know what do you think about inflation progress in the comment sectionLongby JoeChampion12
GBPUSDGBPUSD is about to entered in strong resistance zone. Price is been on strong bullish run from last few days but now has entered into bears territory, will the bears get active active and send price back to 1.2500 region ?by JustTradeSignals1115
GBPUSD D1 FORCAST (Bullish) On Friday , The GBPUSD experienced Significant volatility leading to a notable Uptrend moment. This Action in the formation of a low Resistance liquidity Zone, indicatating minimal resistance for the price moment through This level. Additionally the price left relatively equal low, suggesting the pressure of H4 sell Stop. Longby MagickeyFX1
GBPUSD Analysis (20th May 2024) GBPUSD Analysis On the 1 hour Timeframe, price has tapped into the 1 hour FVG and rejected very strongly and created a 15 minute Change of Charcter to the upside. Currently Price has retested the 15 minute bullish OB at the 1.26865 - 1.26924 level. There are 2 scenarios i am looking at. 1) IF price breaks through the Bullish OB with a body candle close below. If this happens i will be looking for price to do a break and retest to continue selling. 2) Price rejectes of the OB and creates a 15 minute CHOCH at the 1.27094. If we see that i want to see a retest of that key level or a retest of a bullish FVG or OB to continue longs.by CallistoFX1
GBPUSD**GBPUSD:** This week's forecast is for the price to fall to the EMA55 and rise to the key level at 1.2785.Shortby simaoxceps0
GBPUSD : Continue to recover!The GBP/USD pair continued its upward trajectory for the second consecutive session, trading around the 1.2710 level during Asian hours on Monday. A weaker US Dollar (USD) bolstered the GBP/USD pair. April's data indicated that US consumer inflation slowed to 0.3%, fueling expectations that the Federal Reserve (Fed) might cut interest rates in 2024. However, the US Fed maintained a cautious stance regarding inflation and the potential for rate cuts in 2024. According to the CME FedWatch Tool, the likelihood of the Federal Reserve implementing a 25 basis point rate cut in September slightly increased to 49.0%, up from 48.6% a week earlier. This potential easing of monetary policy by the central bank could weaken the US Dollar and strengthen the GBP/USD pair.by Trader_BrianFXUpdated 4
GBPUSD Trading Insights: Capitalizing on Bearish Opportunities!Dear Traders, On Friday, the GBPUSD experienced significant volatility, leading to a notable upward movement. This action resulted in the formation of a Low Resistance Liquidity Zone, indicating minimal resistance for price movement through this area. Additionally, the price left relatively equal lows, suggesting the presence of H4 Sell Stops. We anticipate the price to target this area, which aligns with the Daily Fair Value Gap (FVG), drawing liquidity in that direction. Currently, we are considering two scenarios for potential confirmation entries towards our objectives: H1 Bearish Order Block : We are at an H1 bearish order block, and a price sell-off from this point is possible if we receive the appropriate confirmation signals. H1 Buy Stops : Alternatively, the price may trigger the H1 Buy Stops. In this scenario, we expect smart money to take positions against these buy stops, creating selling opportunities. Confirmation entries will be considered if this occurs. Please stay tuned for our upcoming weekly video outlook on GBPUSD, where we will provide further insights and detailed analysis. Best regards, Kind Regards, The_Architect Shortby The_Archi-tect8
GBPUSD TRENDLINE SELL ANALYSISHere on GBPUSD price has breaken the trendline and now going down so but it is important to wait for retest for entry SELL . after the retest then you can go SHORT and targeting profits should be around a psychological level of 1.26500Shortby FrankFx143
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 !!! PROJECTION 3gbpusd is looking like making a pullback so i want to be shorting only when price close below that level of supportShortby perfectxmofficial1
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
uptrend As long as the price fluctuates above the support range, the continuation of the upward trend will be likely and it can advance up to the specified resistance rangeLongby STPFOREX2
Strifor || GBPUSD-US CPIPreferred direction: BUY Comment: The British currency is also expected to boost amid the publication of US CPI data . This is the most likely scenario and is indicated on the chart as scenario №1 . Login is expected just before the data is published. One can especially consider buy-position through pending orders if the price immediately falls to 1.25396 . Near this level, one can accumulate a buy-position with a target at the level of 1.27000 (scenario №2). Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 333
COMPOUND INTEREST: The Secret SauceIn this video I cover the topic of "Compound Interest". I go over the WHAT, WHY, WHO and HOW of it. The Importance of Compound Interest in Trading Compound interest is a fundamental concept in the world of finance and trading, offering a powerful mechanism for growing wealth over time. Unlike simple interest, which is calculated only on the principal amount, compound interest is calculated on the principal and also on the accumulated interest of previous periods. This seemingly small difference can significantly impact long-term investment returns. Amplifying Returns In trading, compound interest can exponentially increase the growth of your account. When profits from trading are reinvested, they start to generate additional earnings. For example, if a trader earns a 10% return on a $1,000 investment, they would have $1,100 after the first period. In the next period, the 10% return is calculated on the new total of $1,100, resulting in $1,210, and so on. Over multiple periods, this effect leads to exponential growth, far outstripping the returns from simple interest. Long-Term Benefits The magic of compound interest becomes particularly evident over longer time horizons. The longer an investment is allowed to compound, the greater the potential growth. For traders, this underscores the importance of patience and a long-term perspective. By consistently reinvesting earnings and allowing them to compound, traders can achieve significant wealth accumulation even if individual trade returns are modest. Mitigating Risk Compound interest also highlights the importance of managing risks and minimizing losses. In trading, avoiding substantial losses is crucial because significant drawdowns can severely disrupt the compounding process. A trader who loses a large portion of their capital will need significantly higher returns to recover, which can be challenging. Therefore, prudent risk management and maintaining steady, positive returns are key to leveraging the power of compound interest. Psychology plays a role as well as losing large amounts of your account can negatively affect your decision making. Conclusion Understanding and leveraging compound interest is essential for traders aiming to maximize their long-term returns. By reinvesting profits and allowing them to compound over time, traders can achieve exponential growth in their investments. Coupled with effective risk management, the power of compound interest can transform modest returns into substantial wealth, making it a cornerstone of successful trading strategies.Education18:17by Road_2_Funded111
GBPUSD: Waiting For Breakout!The GBPUSD ended the previous week by testing a resistance cluster formed by a horizontal structure. Due to the strong bullish trend, there is a high likelihood that the market will break through this resistance. I will be looking for a confirmation of a bullish continuation with a 4-hour candle closing above the marked blue area. If this happens, the market could potentially see significant gains.Longby linofx15
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
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
GU ShortD: Uptrend, price retraced 38.2% 4H: Uptrend, price retraced 38.2% and hit -27 on 4H fib + RSI is Bearish 1H: Uptrend, price retraced 23.6% so far CURRENTLY: Price broke below and retested minor trend. After pulling back 88.6% price hit resistance level at -61.8 on minor fib. + Bearish RSI I'm looking for price to go short to previous support/resistance area. Shortby jcmoneyman1
Daily GBP/USD UpdatesHello Traders! We can see that DXY has weakness and not gaining strength though the seasonal charts show higher dollar. Long05:20by ForensicForex6
GBPUSD Swing Trade AnalysisGBPUSD is at a support & demand level, and it just broke a trendline with good momentum; it retested the demand level. With a daily closed-tail bar and solid bar right after, I'm predicting that GBPUSD will go back to the last resistance level at $1.31314.Longby MrGbohunmiUpdated 2218
CHART BREAKDOWN GBPUSD: Key Levels, Targets and Thoughts!🎯Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 1.25450 to 1.25350. Additionally, medium-risk buy zone between 1.26000-1.25900, respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 1.25450 and 1.25350, serving as a low-risk buy. Medium-Risk Buy Zone🟠: Noted between 1.26000 and 1.25900, suggesting another area with moderate risk for potential buying positions. Bullish Targets📈: 1.25500: Possible retracement area. 1.25900: Possible retracement area. 1.26200: Possible retracement area. 1.26750: Significant supply zone. 1.27000: Liquidity area. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.Longby TTradessss6