GBPUSD TRADE SETUPWait for retest the entry level then take a trade for Buy otherwise skip this setupLongby JinnatAlamSumon6
GBPUSD I Potential pullback and more growth to the upsideWelcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!Long05:28by BKTradingAcademy101048
Bullish Narrative for GBPUSD Daily ChartSwing trading Idea GU. New Bullish momentum on daily chart. BOS: 03 May '24 leaving behind a FVG. Looking for a move down into confluence of FVG, Fib retracement level & previous daily high. If move met, can look for a Bullish expansion from said area.Longby tcratladi4
[GBPUSD] Target 1.29000 Bias Mouth June 2024 Price close Engulfing In May 2024 1.Target Test High TF Mouth 2.Target Test Mitigation Block IF Price below 50% Time candle May 2024 Focus Buy GO TO Target When Price in target zone Focus Sell For Major trend Note : This Idea from NoobTrade69 It's all in my head. Longby PeJedkro960
2 June 2024 - GBPUSD Bullish AnalysisGBPUSD looking bullish. look like price can head up all the way to 1.286. Price will likely to do a retracement before pushing back up. Retracement can head down towards 1.267, a shorter pullback and 1.261 for a longer pullback before price moves back up. I am looking at 2 zones for a buy if the pullback appears: 1st Zone: 1.265 - 1.2675 (25 pips zone) 2nd Zone: 1.259 - 1.261 (20 pips zone)Longby fuadalhakimofficial0
GBP/USD 1H Chart - Head and Shoulders PatternA potential head and shoulders pattern is forming on the GBP/USD 1-hour chart. The setup remains valid unless a strong bullish candle closes above yesterday's high at 1.2766. I'm targeting the support below the neckline and plan to add to the position if it closes below 1.2700, if the market offers me an entry opportunity. The logical Head and Shoulders Setup Would Be: Entry : Entering a short position on a confirmed break below the neckline at 1.2700. TP : Below the next line around 1.2650 SL : Above the right shoulder around 1.2760.Shortby TradebyRoss0
GBPUSD FOR BEARISHI still looking for this structure as my plan for next week. Do your own reaearch too. Feel free to put your comment to share your idea too. Thanks.Shortby ewtradersbhUpdated 4
Gbpusd should be one of them for long if USD weakens..Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. ********************************************************************* Longby Shadowing_The_Big_Boys0
ASIAN LIQUIDITY SESSION-- ALSCONFLUENCES FOR TRADE 1- mapped out asian highs and lows 2- price broke below asian low signalling a bullish bias 3- price broke structure into asian range 4- price pulled back into an imbalanced or inefficient demand POI 5- I executed with a limit order setring Stoploss below the low and profit target above the opposite direction closing a 4.95% ROILong04:15by CALYX_FX110
Gbpusd long opportunity I feel gbpusd will keep buying unless price break through the last higher lowLongby jalenb26000
Do not speak English !!! I only speak chart language!!!Do not speak English !!! I only speak chart language!!!Shortby Abdelfattah_Abbouchi0
GBPUSD Shorts DXY continues to hold its ground. Upcoming news in favour of the US Dollar will drive GBPUSD lower. There is also no high impact news for GBP over the coming week so expect bearish pressure from the get go. Challenging week up ahed guys, good luck!Shortby TheForexMessiah5
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
GU intraday up and down catch the pips!According to elliot wave theory. GU is predicted to be moving along the arrows that is shown here. Breaking the trend and then going for the pullback and we can find a swing long entry possibly tomorrow on new york session. Please confirm your analysis before entering a trade! Goodluck!by ChathifriendsUpdated 112
MARKET STRUCTURE USING SMART MONEY CONCEPT (ICT)The market structure, when viewed through the lens of the smart money concept, refers to the way financial markets operate and how price movements are influenced by institutional investors, or "smart money." These entities, such as banks, hedge funds, and large financial institutions, have significant capital and access to superior information, allowing them to impact market prices and trends. The smart money concept suggests that these institutions leave discernible footprints on price charts, which can be identified through patterns like accumulation and distribution, liquidity hunts, and manipulation of key support and resistance levels. Traders who understand and recognize these patterns can potentially align their strategies with the smart money, improving their chances of making profitable trades by following the sophisticated moves of these influential market participants.Education10:19by FrankFx140
GBPUSD Temporary Buy (Cup & Handle) Textbook (Cup & Handle) pattern on M30. Take profit is at 1.2817Longby WealthCreationFX1
GBPUSD IS ALMOST BEARISHThis is a commonly traded pattern in the technical trader department. Sells are not advised until at least 1.2817. This is price action for a possible upcoming market declination.Shortby WealthCreationFX0
Gbpusd shortGbpusd has been in a bullish streak for the last 2 weeks, it recently broke the bullish channel and came back to retest, creating bearish flag now we are going short on that retestShortby simeonjohannes444
GBPUSDcheck the charts , gbp traded into the fair value gap, need to further check the reaction of the candles by ICT_spartan2
GBPUSD. Weekly trading levels 27 - 31.05.2024During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!by Forex_HobyUpdated 116
GBPUSD FOR BEARISHLooking bearish for this pair. I guess will drop more next month. Trade with ouwn risk . Trade direction not a sharp entry.Shortby ewtradersbhUpdated 6
GBP Price Consolidates Between Daily Resistance and 4H SupportWhen the GBP price moves within the zone between the daily resistance and the 4-hour support, it indicates several possibilities: Market Situation: Temporary sideways movement: The market is in a consolidation phase, with the price fluctuating within a narrow range. This could be due to traders waiting for more information or new catalysts to determine the next trend. Impending reversal: If the price has been rising for an extended period, moving within this zone could signal an upcoming downward reversal. Conversely, if the price has fallen sharply, this could be a sign of an upward reversal. Accumulation before breakout: The price could be accumulating momentum to break through the resistance zone (upward movement) or break down the support zone (downward movement). Trading Strategies: Caution: During this phase, it's best to exercise caution and avoid large trades. Traders can wait for the price to move out of this zone to confirm the trend before making a decision. Range trading: Some traders may choose a range trading strategy, buying at the support zone and selling at the resistance zone. However, this strategy requires skill and experience to manage risk. Placing pending orders: Traders can place pending buy orders above the resistance zone or pending sell orders below the support zone to take advantage of breakout opportunities. Further Analysis: To make better trading decisions, investors should consider the following factors: Other technical indicators: Use a combination of other indicators such as RSI, MACD, moving averages, etc. to assess the market's momentum and trend. Fundamental news: Monitor important economic and political news that could affect the GBP price. Trading volume analysis: Trading volume can provide additional information about the strength of the current trend. Important Note: Financial markets are always volatile, and no strategy guarantees success. Investors should conduct their own research and thorough evaluation before making any trading decisions.by fxtactix0
ORDER BLOCK AND FAIR VALUE GAP SMART MONEY CONCEPT**Order Block**: An order block is a specific price area on a financial chart where institutional traders have placed large buy or sell orders. These areas often lead to significant price movements and are used by traders to identify potential zones of support or resistance. Order blocks represent clusters of orders from big players like banks or hedge funds, signaling where major buying or selling interest lies. When price revisits these zones, it often reacts strongly, making them valuable for predicting price reversals or continuations. **Fair Value Gap**: A fair value gap (FVG) is a price range on a chart where there is an imbalance between buyers and sellers, often created during periods of high volatility or news events. This gap typically occurs when the market moves so quickly that trades do not fully fill, leaving a visible gap on the chart. Traders use fair value gaps to anticipate potential price retracements to these levels, as the market tends to revisit and fill these gaps over time, aligning price with its perceived fair value. Both concepts are crucial in technical analysis for identifying key price levels where significant market activity is likely to occur.Education13:57by FrankFx14220