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
Falling towards overlap support level?GBP/USD is falling towards a support level which is an overlap support and could potentially bounce from this level to our take profit. Entry: 1.26959 Why we like it: There is an overlap support level. Stop loss: 1.26333 Why we like it: There is a pullback support level which lines up with the 50% Fibonacci retracement. Take profit: 1.27675 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.Longby VantageMarkets5
GBPUSD LONGStill going with the trend, last week I was wicked out of a position, Looking for a pullback to go long Market Structure is Bullish on HTF Entry is at Daily AOi Weekly Rejection from AOi Daily Rejection at AOi Around Psychological Level 1.27000 H4 Rejection at AOi Levels 1:6.01 Entry 75% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#Boost There is a high probability of price going Higher and breaking the Resistance, I will look at taking advantage if that opportunity arisesLongby mobbie_zwUpdated 7
GBPUSD analysis after positive Nonfarm data📌GBP/USD drops below 1.2720 after encouragement from Nonfarm data. GBP/USD continues its downtrend and trades deep below the key support zone of 1,275. The US dollar outperformed its rivals following impressive labor market data in May, forcing the pair into sharp declines. 📌Next week's markets are in focus on Tuesday with the Change in Claimants, and the UK Average 3-Month/Year Earnings Index. Besides important US economic reports such as CPI, FOMC, PPI and UoM Consumer Preliminary Market Sentiment. 📌GBPUSD's minor intraband trading level is formed by two border zones 1.268 and 1.277. The 1,280 resistance zone still plays a key role in the long-term uptrend of GBPUSD. There may be a slight reaction around 1,280 before GBPUSD breaks out to the important resistance area of 1,288. In the opposite direction, when the currency pair breaks the trendline and continues the downtrend, the support zone at 1,265, the critical zone of the daily frame EMA, will support the currency pair to go up. Resistance: 1.277-1.280-1.288 Support: 1.268-1.265 BUY GBPUSD 1.266-1.264 SL 1.262 SELL GBPUSD 1,288-1,290 SL 1,292 ✍️Note: Break out 1,265 reverses to downtrend, Break out retests resistance 1,280by TVS-TraderUpdated 6
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 1.2656 and 1.2647. Additionally, one medium-risk buy zone between 1.2705 and 1.2700, respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 1.2656 and 1.2647, serving as a low-risk buy. Medium-Risk Buy Zone🟠: Noted between 1.2705 and 1.2700, suggesting another area with moderate risk for potential buying positions. Bullish Targets📈 (low-risk): 1.2690: Possible retracement area. 1.2700: Possible retracement area. 1.2755: Possible retracement area. Ultimate Target: 1.2815- Liquidity area. Bullish Targets📈 (med-risk): 1.2700: Possible retracement area. 1.2755: Possible retracement area. Ultimate Target: 1.2815- 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
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
GBPUSD ShortExpecting weakness in british pound into week. NFP Week ahead, overall High Time Frame Bullish but Expecting 1st Week as Judas Swing Short into HTF Discount.Shortby rasibsultan229
GBPUSD: Bearish Reversal AheadAfter a strong bullish trend, I have identified a compelling bearish formation on the GBPUSD chart. Key technical indicators and patterns suggest that the market is primed for a reversal to a bearish trend. This presents a potential opportunity for traders to capitalize on the upcoming market movements. Stay tuned for further updates and detailed analysis!Shortby forexNetwork10Updated 114
GBPUSD Ready for a breakthrough. Target 1.2700Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters2000Updated 5
GBPUSD LONG SCALE IN!Price triggered my first position during London session, Looking at a potential Scale in to continue with trend; Market structure still bulllish on HTF 30% Weekly and Daily at same AOi Weekly rejection at AOi Daily Rejection at AOi Around Psychological Level 1.27500 H4 Touching EMA Candlestick rejection Rejection from Previous structure Levels 3.89 Entry 100% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#BoostLongby mobbie_zwUpdated 5
Bearish butterfly harmonic reversal pattern in GBPUSDA bearish butterfly harmonic reversal pattern was observed in GBPUSD pair in an hourly timeframe. There is a minor bearish divergence near point D of the pattern signaling a reversal in the uptrend with point D being the potential reversal zone (PRZ). Breakout at point B could be a good point to take short positions in the potential downtrend.Shortby wakqas124
GBPUSD pennant break and retestPennant = continuation pattern Break and retest = Entry Target next supply area! further confirmation = previous weekly and daily! Buying the pullbackLongby Uzi-Trades-ForexUpdated 4
GBPUSD 350 PIPS SELLExpecting GU to respect this 3rd touch of the Daily trend line and move all the way down as price is already showing signs of reversal with previous Daily candle closing BearishShortby akumjoel5
GBPUSD H4 I Bullish BounceBased on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2694, which is an overlap support. Our take profit will be at 1.2754, a pullback resistance. The stop loss will be placed at 1.2607, which is a pullback support level below 161.8% Fibo extension 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. Longby FXCM5
GBP/USD BEARS ARE STRONG HERE|SHORT Hello,Friends! Previous week’s green candle means that for us the GBP/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.260. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 115
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 1.2656 and 1.2647. Additionally, one medium-risk buy zone between 1.2705 and 1.2700, respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 1.2656 and 1.2647, serving as a low-risk buy. Medium-Risk Buy Zone🟠: Noted between 1.2705 and 1.2700, suggesting another area with moderate risk for potential buying positions. Bullish Targets📈 (low-risk): 1.2690: Possible retracement area. 1.2700: Possible retracement area. 1.2755: Possible retracement area. Ultimate Target: 1.2815- Liquidity area. Bullish Targets📈 (med-risk): 1.2700: Possible retracement area. 1.2755: Possible retracement area. Ultimate Target: 1.2815- 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 TTradessss5
GBPUSD OUTLOOK GBPUSD Technical Analysis: The price recently touched the resistance level of 1.2877 and subsequently reversed to test its previous barrier around 1.2740. As a result, the price is expected to consolidate between 1.2697 and 1.2820 until a breakout occurs. Bullish Scenario: A break above 1.2819 will support a bullish trend, targeting the levels of 1.2877 and 1.2956. Bearish Scenario: the price can reach the support level at 1.2697. However, a break below this level is necessary to initiate a bearish trend towards 1.2541. Key Levels: Pivot Price: 1.2750 Resistance Levels: 1.2877, 1.2956, 1.3037 Support Levels: 1.2697, 1.2620, 1.2541 The price movement is expected to oscillate between the resistance at 1.2956 and the support at 1.2697.Longby SroshMayi5
GBPUSD 4 June 2024 GBPUSD is trading at a bullish market ! So it is wise to buy at the demand zones and we have quite good demand here , and i wanna buy from here Longby wolf97434
This could be higher timeframe reversal for the GBPI see a bearish continuation for the next week. IFVG / FVG for the entries. Its going to be CPI week. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔ Shortby Dave-FX-Hunter5
Gbpusd Will Fly TodayGBP/USD trades modestly flat near 1.2800 in the European session on Friday. The pair lacks a clear directional bias, as traders drift on the sidelines ahead of the all-important US Nonfarm Payrolls dataShortby Senorita713
GBP/USD Longs from 1.2700 or 1.26700My bias for GU this week is for it to continue its bullish trend, expecting a retracement to an area of demand. I've marked two potential zones of interest: the 3-hour demand and the 10-hour demand just below it. Once the price reaches these levels, I expect it to accumulate and present a clean buying opportunity on the lower time frames. If the price doesn't form a correction and continues upward, I'll look to take sells from a supply zone near 1.27900 or slightly higher. Confluences for GU Buys are as follows: - Demand zone has caused a break of structure to the upside. - Lots of liquidity to the upside as well as that wick that needs to get filled. - Price is already been bullish so this is a pro trend trade. P.S. As of now I will be waiting to see which direction Price would like to go in and prepare myself from there. Have a great trading week guys! THANKS FOR 1K FOLLOWERSLongby Hassan_fx13
GBPUSD H4 | Bullish bounce?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2792, which is a pullback support. Our take profit will be at 1.2864, a multi-swing high resistance. The stop loss will be placed at 1.2732, which is an overlap support level. 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. Longby FXCM2
GBPUSD - Take a hike bullsDaily supply area bouncing price! enter now, add when uptrend channel breaks best of luck!Shortby Uzi-Trades-ForexUpdated 2