gu shorts inducement occurs shorts gu liquidity below buyers are no longer in control Shortby Denver_estabrooks447
GBPUSD: Weak Market & Bearish Forecast Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell GBPUSD. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals112
GBP/USD higher with eye on employment reportThe British pound is slightly higher on Monday. GBP/USD is up 0.20%, trading at 1.2549 in the European session at the time of writing. The UK labor market has held up well despite high interest rates but cracks have appeared and Tuesday’s job report is expected to be soft. Employment change is expected to slide by 215,000 in the three months to March, after declining by 156,000 in the previous release.UK wage growth including bonuses is forecast to fall to 5.3%, down from 5.6% and the unemployment rate is expected to creep up to 4.3%, up from 4.2%. The Bank of England will be keeping a close eye on Tuesday’s employment report. A decline in employment and wage growth will indicate that the labor market continues to cool down which could complicate the BoE’s plans to lower interest rates. The UK ended last week on a high note, as GDP grew 0.6% q/q in the first quarter, higher than the 0.4% market estimate. The stronger data still left a question mark about the central bank’s rate path, as the market pricing of a rate cut in June is around 48%. BoE Governor was non-committal about a June hike at his press conference at last week’s policy meeting. Still, Bailey didn’t rule out a June hike and said that he was “optimistic that things are moving in the right direction”. In the US, the University of Michigan consumer confidence index fell to 67.4 in May, compared to 77.2 in April and shy of the market estimate of 76.2. One-year inflation expectations rose from 3.2% to 3.5%, which indicates that consumers are less confident about inflation receding. GBP/USD tested support at 1.2522 earlier. Below, there is support at 1.2449 1.2597 and 1.2680 are the next resistance lines by OANDA0
Medium term forecast for the GBPUSD pair with technical analysisInvestors showed great interest in purchasing the GBPUSD asset, the price made a movement above the EMA 50 interesting for a purchase. With the opening of a new candle above the price of 1.25369, even with the EMA 200 and 50 slightly lateralized, we have the chance to catch a very favorable distribution for the trade SL: 1.251929 TP: 1.25550 Hello traders! What do you think of GBP USD?Longby Samuel_PVSRAUpdated 221
GBPUSD**GBPUSD:** This week's forecast is for the price to rise to the top of the channel. Once it reaches the top, there are two possible scenarios, one in which the price can continue to rise to the key level of 1.2671, and the other in which the price reverses the trend at the top of the channel and falls to the key level of 1.2346. Longby simaoxceps111
DeGRAM | GBPUSD recovery after the FallAfter the previous fall, the price not only came to the lower line of the channel, but also broke through it. However, the Resistance Level held and stopped the price. Moreover, I think that it will allow the price to gain strength (possibly with a small false breakout). And in the end, we will see Good Growth. Our goal is a strong resistance level of 1.252.Longby DeGRAMUpdated 118
GBPUSD SELL TradeSpotted a break of structure and pricing not breaking the higher lows and turning on the resistance. Quick Sell and also a possible break out to the lows at TP.Shortby Sthe01111
GBPUSD 4H Bullish Gbpusd 4H bullish strong support to move up side 1/2 tgt is show in chart Longby Sandeepsingh55111
GBPUSDThe price of the pound is weak as seen on the 4hr chart price is going to create a possible H&S pattern @ 1.25500 before the drop.Shortby BillionaireBankz111
GBPUSD VISION 13/05 👀After finding a low at 1.23000 on April 22, the price pushed up to 1.26360 before retracing slightly. We've now returned to the equilibrium of this push. A lot of liquidity has been recovered, and the price seems to be reacting upwards. If the price continues to surge, the next important level to target would be 1.27000. However, it's also possible that we'll liquidate the 1.24450 area for a second time, in order to get back into the OTE zone before taking off again. Feel free to subscribe and boost this post if you enjoyed my analysis, and let me know what you think! Happy trading and a great week :)by InfiniteY15
GBPUSD: Detailed Structure Analysis 🇬🇧🇺🇸 Here is my latest structure analysis for GBPUSD. Support 1: 1.2445 - 1.2490 area Support 2: 1.2299 - 1.2350 area Resistance 1: 1.2560 - 1.2639 area Resistance 2: 1.2677 - 1.2722 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader228
GBP/USD BEARS ARE GAINING STRENGTH|SHORT Hello,Friends! GBP-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.245 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/USD pair. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 112
GBPUSD H4 | Bearish BreakoutBased on the H4 chart analysis, we can see that the price is falling to our sell entry at 1.2513 Our take profit will be at 1.2424, a swing-low support The stop loss will be placed at 1.2591, which is a swing-high resistance 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.Shortby FXCM6
GBP/USD OUTLOOKPrice has been bearidh on GU for a while now. We a currently testing a daily OB. We can also see a smt divergence with EU. With all this confirmation we can speculate that GU is looking to continue bearish.Shortby ThePatientTrader_0
GU monday blues scalpHello traders! I have made an analysis on GU and will be shorting to end of wave C and then long to resistance level. Why am I expecting this move? -GU has completed its ABC corrective wave on GU on H4 meaning that we are now on reversal phase to bullish trend. -Price had completed a classic break and pull back and I'm expecting price to create a "M" pattern. -I spot a corrective wave to the upside on M5 hence I'm expecting price to go down further before continuation of trend Let me know your thoughts. Trade safe!Longby ChathifriendsUpdated 115
Possibility of uptrend If the price crosses the support range, the downward trend will continue. Otherwise, it will be possible to continue the upward trend up to the previous ceiling range Longby STPFOREX0
GBPUSD I am looking for a sell.* A rising wedge of h4 is broken and tested with another rising wedge in h1. * Now wait for a momentum candle to break the h1 wedge and close outside the wedge. by signaturetrends1
GBPUSD - Rock And A Hard PlaceInteresting to see how price action plays out. Bullflag pattern printed with the notion that bulls could break out of a bullflag when the total opposite could happen.Shortby LegendSince0
GBP USD GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your trades with the GBP/USD forecast and key pivot points data and support and resistance levels. Shortby JohnHarry_73
Bearish DropGBPUSD has reacted off the pivot that lines up with the 61.8% Fibonacci resistance and could fall to overlap support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.2538 Support:1.2466 Resistance: 1.2606 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Shortby ICmarkets6
GBPUSD | Pound Remains Under Pressure | 13-17/5/2024 the Bank of England’s (BoE) Monetary Policy Committee maintained the interest rate at 5.25%, the highest in 16 years. Economists polled by Reuters mostly expected borrowing costs to remain unchanged, with a committee vote ratio of 8 to 1. However, the vote was 7 to 2. During discussions, two committee members supported a rate cut to 5.0%, which market participants interpreted as a step towards the beginning of a policy easing cycle. Focus on UK labor data scheduled for Tuesday Technical Analysis GBPUSD trading below SMA 200, RSI remain at 50 level, showing no trend momentum. Fair Value Gap at 1.2420 - 1.2400 need to be monitor. Shortby EasyTradingOnline1
GBPUSD Sell IdeaGU has a major LL to be broken which it looks like it's making a move towards breaking it this new week. It tapped into a recent supply zone at the level 1.25378 and headed below therefore this new week let's hope to see more of downward movements straight to 1.23086Shortby Olorundare_Emmanuel_Olumide3
GBPUSD shortTrading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. Always conduct your own analysis and consider your risk tolerance before entering any trade.Shortby Dau_trader1