GBPUSD Sell opportunity Price is bouncing back from the strong resistance area and it's time to sell the GBPUSD . Risk only 2% per a trade . Good luck with the trade. Shortby realsupplydemand3
Bearish and we are going to the low of the range.Price rejected on the highs and order flow is now clearly bearish. Will be looking for the re-entry shorts. 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 ⚔ Follow me for daily updates.Shortby Dave-FX-Hunter2
GBP/USDHere is the technical analysis for the GBP/USD currency pair on the H1 timeframe: 📣 Based on the 1-hour timeframe analysis, a sell trade can be considered if the price breaks below the support level around 1.2687, with a target of 1.2630. ⛔️ Stop loss: 1.2740 On the other hand, if the price breaks above the 1.2740 level, a long trade can be considered with a target around 1.2800. ⛔️ Stop loss: 1.2687 As always, please do your own analysis and risk management before making any trading decisions. These are just the key levels and potential trade setups identified based on the provided information. Proper position sizing and risk management are crucial when trading in the financial markets.by FXSMARTTUpdated 2
GBPUSD Next Buy opportunity 1.2690 - 1.2699GBPUSD Next Buy opportunity 1.2690 - 1.2699 TAKE PROFIT 02 : 1.1.2792 TAKE PROFIT 03 : 1.2734 STOP LOSS 1.26807 When markets open, place your limit order with proper money management. When 1st target hit make sure to move your stop to breakeven. Key level 4H Support price - 1.25012 4H Pressure price - 1.28277Longby chamitha453
GU 1st entryBullish Bias. Looking for a quick market move towards the liquidity levels above current price in form of a pullback to continue with the trend in new York sesh.Longby hskarue2
GBPUSD WILL GO HIGHER BUYTP-1-------15Pip TP-2-------35Pip TP-3-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial advice Longby ArehmanB2
GBP/USD PREPARING FOR THE NEXT LONG LEGGBP/USD 1D - I have been waiting all week for this pullback and it looks as though we have finally got it, I want to see price now pullback fully into the Demand Zone below, clearing half of this area before delivering us with some confirmation of an S&D flip. Once we have been delivered with the penetration we want to go down on timeframes looking at the 1&4H to see a break in structure to the upside, this will confirm to us that the correction trading us lower fractally has finished and a new leg taking us higher is ready to take place. Its is important as always that we are not pre-emptive with the trades we place and we wait for as much confirmation as possible before looking to place a position in the market. To further refine a potential long trade we could look to go down again on timeframes when we are delivered with the initial fractal break and wait for a pullback into a more fractal area of Demand before entering.Longby Lukegforex3
GBPUSD LONG SCALE IN!Price printing structure as last week, I am aware that anything can happen, but I am using the law of probabilities and the confluence infront of me. 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 3
GBPUSD SELL NOW!!!!!!!!!!GBPUSD created a long selling pressure from the NFP impacts now price got rejected from the fvg zone am expecting to see the price creates new lows at 1.25992 JOIN AND ENJOY Tell us your views or take on GBPUSDShortby CAPTAINFX23
GBPUSD H4 (Prior to US CPI & FOMC)Considering the scenario that the CPI data is released higher and/or the FOMC presents a hawkish tone, this would mean that the US interest rates could stay high for longer. This would bring significant strength to the DXY which could see massive downside for the GBPUSD. However, the GBPUSD has developed a strong support along the 1.27 price level, formed by several swing points and the 23.60% Fibonacci retracement level. In DXY strength, look for the GBPUSD to break the bullish trend line and the support level before anticipating further downside toward the 61.8% Fibonacci retracement level and support area of 1.25Shortby JinDao_Tai3
GBPUSD WILL EXPLODE BUYTP-1-------15Pip TP-2-------35Pip TP-3-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial adviceLongby ArehmanB2
ST Bullish Bias GBPUSDNot really motivated to explain, look at my analysis, use your own judgement and discretion, my analysis are only purposed to encourage your personal bias, best of luck. Have your own TP Have your own SL You will become liquidity for making bad decisions. DXY still strong overall.Longby PepeJTheTrader2
GBPUSD shortGBP/USD one Hour Trading Report Overview Entry Price (EP): 1.2792 Rationale: 1.2792 was chosen as the entry point based on the Relative Strength Index (RSI) and support and resistance levels. This setup marks a favorable opportunity during a market correction, indicating an optimal entry point to capture a potential uptrend. Stop Loss (SL): 1.2828 Rationale: The stop loss is set at 1.2828 and is calculated using Average True Range (ATR) data. This tight stop loss setting is designed to protect the trade from any unexpected market volatility, thereby minimizing potential losses. Take Profit (TP): 1.2745 Rationale: The take profit level is set at 1.2745 with a target profit of 47 pips (470usd/lot). This target is strategically positioned to maximize gains from an expected short term downtrend, ensuring profits are taken before any major resistance levels are encountered or a trend reversal occurs. Important Note: Forex trading involves significant risk and this analysis is based on current market information.Market conditions change rapidly, so it is important to stay informed and implement a robust risk management strategy. Continuously monitor the market and adjust your trading strategy as needed.Shortby Tracyanalyst3
GBPUSD - Take a hike bullsDaily supply area bouncing price! enter now, add when uptrend channel breaks best of luck!Shortby Uzi-Trades-ForexUpdated 4
Bullish GBPUSD Here we have a week dollar , giving the platform for a bullish daytrade for gbpusd probably for next two days till we get to the next resistance Longby Zim_12
British pound/ USD- Bearish - FIB British pound/ USD- Bearish.................................. Using FIBShortby talhaamjad571
idea on a zoneWe have a great set up on this trade great zones.The surge in non-farm payrolls triggered a dollar jump across the board while risk appetite deteriorated. US non-farm payrolls increased 272,000 for May, much higher than consensus forecasts of around 180,000, although there was a small downward revision for April to 165,000 from 175,000 reported previously. The unemployment rate increased to 4.0% compared with expectations of no change at 3.9%. The labour-market survey reported a decline in employment of over 400,000 for the month while the participation rate declined. There was a 0.4% increase in average earnings compared with forecasts of 0.3% with a year-on-yeaby EZIO-FX2
GBPUSD waits for a clear breakoutDear traders! GBP/USD consolidates and remains near weekly highs but below 1.2800. Although the pair tested the trend channel support, the pair seems reluctant to break decisively above that level which could push the price to a year-to-date (YTD) high of 1.2894 Amid a cautious market mood, the US Dollar held its ground and did not allow the pair to move higher. But, looking ahead, the pair still has good technical support as GU is gradually forming a rising wedge with recent steady accumulation. Accordingly, GU's recent confluence around the support line is signaling the pair to break channel resistance. And if that happens the possibility of a breakout will increase, a break of 1.2800 and price consolidation above this area will stimulate strong buying.Longby ConanForexUpdated 151540
Possible plunge in sterling (GBPUSD)With a crimson-red start to the week for European indices and the euro, today's data releases on the “fish & chips” island, the UK is faced with April data on economic growth, exports, trade balance and industrial production. Expectations, despite being negative, have been far from accurate with none of them performing as poorly as they have. The British economic slowdown during the first quarter has been a fait accompli. In the American session we will have statistical data on consumer prices for the month of May, inflation data, current accounts and trade balance for the month of April which is expected to be lower than the previous month. And finally, the afternoon will close with ECB Vice President De Guindos' statement on economic policies for Europe, with the Fed's afternoon close being the key data in its statement on the interest rate decision and economic projections expected by the FOMC. Although it may not seem relevant, the document published by the Department of Agriculture, World Agricultural Supply and Demand Estimates (WASDE), will give us a possible forecast for crops and livestock that must also be taken into account for the food sector and in relation to inflation. Also published by the Royal Statistical Society of the United Kingdom (RICS), the house price balance, which is expected to be negative again. In relation to the GBPUSD cross, it is possible that we will see movements that push the price of the pound down to the middle zone of the long term channel following the news of weakness in the UK and if that weakness continues against the dollar it would not be unusual to see it retest the second resistance zone where the price has traded the most during the first phase of the year. At the moment the currency bell is dual, so the first current price zone has the checkpoint (POC) 1.27208 dollars per pound sterling, and the second most traded zone is slightly above the second support zone at 1.25272. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Shortby ActivTrades3
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
GBPUSD long trade intradayHello guys this is my analysis for gj for the coming week. I believe price will head up to higher highs from here as it's still in an uptrend. If it bounces off this level I will be longing this pair Trade safeLongby Chathifriends1110
Retail Andy Falling wedgeThis is a wedge it will break out at somepoint who knows xD For now i'm bearish Shortby VerumTech115