GBPUSD IDEA GBPUSD rejected 1.26875 and with the current momentum in the daily pushing to the upside 05:37by Technicalrayner2
GBPUSD is ready dor down...Because of fed and hawkish politics and faster rate cut in ENGLAND I think we can have a good sells on GBPUSD in the featureShortby Alibadkubeh1
GBPUSD | Long OpportunityA cluster of lines has formed a potential support zone and i think a reversal at this level is probable. Good Luck! Longby Palambir1
GBPUSD: dropped below 1.2700GBPUSD: The British Pound ultimate weekend additionally fell underneath the 1.2700 threshold and broke the growing channel structure. Therefore, the anticipated state of affairs is that EURUSD will go back to accumulation fame with a fluctuation variety from 1.2640-1.2750. You can don't forget prioritizing a few alternatives ready to be offered with GU today.Shortby Chart_MasterPro2
Charts for next week.GBP/USD remains under some selling pressure on Friday, though lacks follow-through. The uncertainty over the Fed’s rate-cut path should cap the USD and offer support. The mixed technical setup further warrants caution before placing directional bets. The GBP/USD pair trades with a negative bias for the second straight day on Friday, albeit manages to hold its neck above the previous day's swing low. Spot prices currently hover around the mid-1.2700s and seem poised to register modest weekly gains amid subdued US Dollar (USD) price action. Against the backdrop of the Federal Reserve's (Fed) hawkish stance, the emergence of fresh selling around the Japanese Yen (JPY), triggered by the Bank of Japan's (BoJ) inaction, lends some support to the USD and weighs on the GBP/USD pair. That said, signs of easing inflationary pressures in the US keep hopes alive for a September Fed rate cut, which should cap the USD and act as a tailwind for the currency pair. by EZIO-FX1
GBPUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare1
GBPUSD TRADE SETUPwait for bullish momentum then take a trade for Buy otherwise skip this setupby JinnatAlamSumon1
GBPUSD: FUTURE PIVOT POINTSTry to catch these pivot points Elevate your game with the art of time tradingby THE_ANONYMOUS_WINGMAN1
Opportunity to BUY GBPUSD After RetestLook at the GBPUSD chart to find entry opportunities that are supported by several advantages supporting the setup. I saw that after the increase GBPUSD tried to retest its demand zone. This will support the Buy setup with some supporting data if the price: 1. Trend is still bullish. 2. Price enters the RBR demand zone 3. In the demand zone there is support. 4. There is an EMA 200, as a trend reading limit The most important thing is that every risk setup has been measured. Note: any risks regarding the GBPUSD idea plan on this account are not our responsibility, please keep your trading safe.Longby AHAFX10Updated 2
GBPUSD - Short Trade IdeaHello guys, Relatively straight-forward idea here. Price took out buyside liquidity in the form of equal highs, on an additional level outside the view of the chart as well. This is a trade to retrace back into a discount and take out sellside liquidity, as well as return to a weekly BISI. Trade is illustrated at a market order at current price with stoploss above the high. DCA limit entries can be taken if price retraces. As usual, be wary of high impact news taking out the high one more time. Enjoy <3 - R2FShortby Road_2_FundedUpdated 5
GBPUSDThe GBP/USD pair appears strongly bullish based on multiple technical indicators and fundamental considerations. Currently trading at 1.2700, the pair exhibits a robust uptrend, reinforced by the Relative Strength Index (RSI) holding above 45.00, indicating significant buying momentum. Anticipation of the Bank of England's rate decision further fuels expectations of substantial market movement. Initial targets for the pair lie at 1.2735-1.2760, supported by key resistance levels and technical patterns suggesting further upside potential. Looking ahead, extended projections suggest the pair could aim for 1.2800 in the near term, with potential extensions towards 1.2870-1.2900. These levels are identified through Fibonacci extensions and historical price action, aligning with current market sentiment and technical analysis. Traders are advised to monitor any developments in central bank policy, economic data releases, and geopolitical events that could influence the pair's trajectory. Risk management strategies should be carefully implemented to navigate potential volatility associated with high-impact events. Longby Al-Reshad1
GBP/USD Ready to Break Out? 4H Chart Buy Strategy!Hey traders, here’s the scoop on GBP/USD: ✅ Entry: We’re looking at a potential buy setup. The price is currently consolidating around the 4-hour support level at approximately 1.2712, just below the 21 EMA (yellow line at 1.2713). A strong break above this level, especially if it closes above the 21 EMA, could signal a potential move higher. Look for a close above this area to confirm a buy signal. ❌ Stop Loss: To manage risk, place a stop loss just below the support level at around 1.2688, ensuring we're out if the breakout doesn't hold. 🎯 Target 1: The first profit target can be set near the next resistance level at 1.2738, offering a reasonable risk-reward from our entry point. 🎯 Target 2: If the momentum remains strong, consider extending the take profit to the upper resistance at 1.2763, following the trend's strength and overall market sentiment. Monitor price action closely near these critical levels for any signs of reversal, and as always, adjust your strategy based on real-time market conditions.Longby SheenaL1
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 H4 | Bullish reversal?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2701, which is overlap support that aligns with the 38.2% Fibo retracement. Our take profit will be at 1.2758, a pullback resistance. The stop loss will be placed at 1.2632, which is a pullback 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. 73% 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 FXCM4
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 Tracyanalyst4
GBP/USD DOLLAR SO STRONGWhat Iam watching right now its a bearish structure starting wiht the trendile that if it is broken by the GBP/USD its going all the qy to the sownside, also the macd its mrking divergence to the downside going with the price level, and the volume oscilator its marking that the trend its currently begining to oversell form the 0% line in the volume oscilator, we can also see a rection if we use the fibbonacci gan extention and the price can come a little hi to that point and then go all the way to the downside. Shortby hcarbajal121
ECB just cut... Is it BOE’s turn next week? The European Central Bank (ECB) initiated its cutting cycle last week on June 6. Expectations are that ECB policymakers are in no hurry to follow this first cut with a second one. Next week, we will see how much of a hurry the Bank of England (BOE) is to follow the ECB. A Reuters poll of 65 economists indicates the BOE is likely to wait until August to cut interest rates. The consensus had previously settled on a cut on June 20, so bear that in mind when taking their forecasts into account. UK inflation eased to 2.3% in April, close to the central bank's 2.0% target, from a peak of 11.1% in October 2022. So why wouldn't the BOE cut rates this month? Well, wage and services inflation, both watched closely by the BoE, are still around 6%. The question that arises is how much the BOE weighs inflation in this sub-section of the economy against overall inflation. On the GBP/USD chart, after reaching a three-month high, buyers were unable to keep the pair above 1,2800 to challenge the year-to-date (YTD) high of 1.2894. The next support level is possibly 1.2700. by BlackBull_Markets3
GBP/USD insight dancing movement to supporting level GBP/USD Dancing to target traders very fresh zone Entry Point: 1.27970 Target: 1.27000 Trade Type: Sell Advice: Hold the position until the target is reached. Here’s a detailed breakdown: Entry Point (1.27970): You believe the GBP/USD pair is likely to start moving downwards from this level, making it a good point to enter a sell position. Target (1.27000): The target price for this sell trade is 1.27000. This means you anticipate the price to drop to this level. Trade Type (Sell): This is a short position, where you expect the value of the GBP/USD pair to decrease. Holding Advice: You suggest that traders should hold onto their short positions until the target of 1.27000 is reached. Trading Considerations When executing a trade based on such signals, it’s important to consider: Risk Management: Always set a stop-loss to protect against unexpected market movements. For this trade, setting a stop-loss above the recent high or a certain percentage above the entry point would be prudent. Market Conditions: Ensure you understand the current market conditions and factors affecting GBP/USD, such as economic data releases, geopolitical events, and market sentiment. Position Size: Manage your position size according to your risk tolerance and account size. Happy trading and remember to trade responsibly! Shortby MrCharlie1Updated 2245
ready to open a sell position on GBPUSdHi there, We are ready to open a sell position on gbpusd. In weekly and daily timeframe price in a powerful descending channel, but we are watching a ascending channel in H1 and H4 timeframe. So we are waiting to break this ascending channel and after that open two sell position (midterm and long term position) For long term position sell it at 1.274 TP1 1.214 TP2 1.164 SL 1.324 Please give you comments below.Shortby takeprofitwithus115
GBPUSDGBPUSD is showing Bearish divergence place a sell as it will break its Last HL WITH ABCD PRZ Shortby Trade_WithOsamaUpdated 7
GBPUSDToday, I expect an increase for the dollar index and have a bearish opinion for this currency pairShortby sepidehsky5
Reverse from 1.27500 Area Target 1.28500 !!! 100 Pips !!!Dear trader, if price hold box zone ( support) , i expect price start upward movement to 1.28500 Area ! dont Forget like&Comment please ! Regards Alireza!Longby alirezak1