21/5 GBPUSD trading plan. GBPUSD bought near 1.27000. Relying on the room for the dollar to fall FX:GBPUSD OANDA:GBPUSD FOREXCOM:GBPUSD Longby AA_JackUpdated 113
GBPUSD BULLSHello Traders, What a suprise from FOMC Minutes yesterday during New sessions, not so much volatility invloved in the markets focusing on #GBPUSD. H4 POV 1. Level 1.2700 is currrently our potential support. 2.Bulls pushiing higher 30 pips above support. 3.Bears to be scalping in and out for small wins. A close above 1.2765 would confirm strong bulls are here for the juice! Longby J_Ngatia2
GBPUSD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyShortby akmalsabran902
GBPUSD accelerated to the upside this past weekGBPUSD accelerated to the upside this past week, briefly reaching its highest level in nearly two months at one point before the weekend. If the rally continues and gains momentum in the coming sessions, resistance is likely to appear at 1.2720, the 61.8% Fibonacci retracement of the 2023 decline. Further strength could then direct focus toward the 1.2800 mark. On the flip side, if the upward impetus fades and sellers regain control of the market, confluence support extending from 1.2615 to 1.2585 could offer stability in case of a pullback. If tested, traders should watch closely for price reaction, keeping in mind that a breakdown could give way to a move towards the 200-day simple moving average hovering around 1.2540. by Xayah_tradingUpdated 6
GBPUSD - Trade both waysAm looking to take a position on GBPUSD. Wait for a 15 minute closure above or below It looks more prepped to sell off rather than buy off. In the rare case that it does reverse, I will take buys above range 2. There is news in about 12 hours so please be mindful. by PipShiesty3
GBPUSD: Continue searching for new peaks!GBP/USD maintained its stability above the 1.2700 mark at the start of Wednesday, following a Monday close that saw virtually no change. Technical outlook indicates that the uptrend remains intact despite the pair's potential weakness ahead of significant inflation data from the UK later in the day.by Trader_BrianFXUpdated 3
GBPUSD holds firm despite hawkish FOMC minutesUK inflation data for April showed a slower-than-expected decrease in consumer inflation. However, services inflation, which has been persistently high, exceeded the estimated level predicted by analysts and economists. This unexpected outcome caused a delay in the expected rate cut from August to November, with only one rate cut now anticipated for this year. As a result, the pound and Gilt yields increased, leading to a rise in GBP/USD. GBP/USD briefly rose above 1.2736 but was pulled back down by hawkish FOMC minutes. It is now trading higher again, showing resilience around the 1.2736 level. With both the BoE and Fed leaning towards a more hawkish stance, a significant move may be challenging without another catalyst. The upcoming US PCE data at the end of next week could provide that catalyst. For now, the pound is pushing higher. by Xayah_tradingUpdated 4
GBPUSDSo the market went ahead and continued rallying upwards to our highs and broke structure to the upside. So today I am looking for one last push to our intended weekly highs. Long to the ultimate weekly high.Longby hskarue2
GBPUSD continues its long-term buying strategy to 1.2800Dear traders! GU is trading around 1,274, showing little change from late last week as it entered a short-term consolidation phase. It completely convinced me to buy in the medium to long term as it completely confirmed the break of the falling channel resistance and the strong increase so far at. Personally, I still maintain and believe in a buy target towards 1.2800 as the 34.89 EMA continues to provide strong support for this pair.Longby IAm_Ryder3
🆕 GBPUSD...Curve Analysis 🆕(Based on the 1D Chart) SLO2 @ 1.2779 SLO1 @ 1.2728 SSO @ 1.2700 TP1 @ 1.2632 TP2 @ 1.2551 (mid-pivot) TP3 @ 1.2492 TP4 @ 1.2400 BLO1 @ 1.2378 ⏳ BLO2 @ 1.2325 ⏳ (support) It appears that PA may want to turn to the downside from somewhere within this Resistance Range of 1.2700 to 1.2779 (see Sell Limit Orders above) If this works out I'm anticipating a roughly +325 pip opportunity to shortShortby ProfessorCEWardUpdated 4
GBP/USD SHORT 22/05Price has hit weekly resistance with a push caused by cpi release, pound failed to break through 1.27500 and retraced creating a rejection wick. DXY also broke out of a descending trendline signifying bullish momentum mounting. The weekly candle has no bottom wick so a retracement is likely. Anticipating FOMC talks to push GU down.Shortby Stackin_Guap112
GBPUSDThe GBP/USD pair is exhibiting a bearish outlook on the 4-hour timeframe as it follows an ascending channel pattern. Currently, the price has reached the resistance trendline of this channel. We are awaiting a bearish price action signal to confirm a selling entry. This setup suggests a potential downward movement in the near term.Shortby forex_info2
GBPUSD**GBPUSD:** The forecast is for the price to fall to the bottom of the channel in order to reverse the trend and reach the key level at 1.2785.Shortby simaoxceps2
GBPUSD moving higher towards 1.3000 level**Monthly Chart** Last month closed as a bearish candle after making a new low, just to move back into a consolidation range that was formed at the beginning of this year. This month's candle (which is still active) opened within the range and started moving higher. We will see a clear direction after the close of the monthly candle by the end of this week. However, the short-term bias is still bullish after testing the historical low of 1985 in September 2022. **Weekly Chart** last week candle closed higher as a continuation of the bullish move from the previous week. From the weekly chart, the price is heading towards testing the weekly MC around 1.3000 and then 1.3200 level. **Daily Chart** GBPUSD needs a short retracement (corrective move) before resuming the bullish trend. More cleared pictures can be seen in lower time frames.Longby PropSignals3
GBPUSD: Weak Market & Bearish Continuation The analysis of the GBPUSD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals113
GBPUSD EVERYDAY TRADE SETUP R:R 1:3Dear All, this my idea for Long. GBPUSD collect sellside liquidity. once buy signal confirm then only i go long side. this is my ideas only. what you are flow your trading statistics you can continue. you need more my ideas. follow me.Longby TradsTrendTacticsUpdated 4
PRICE IS STABLE AT 1.27165 THEREFORE, DESPERATION MAY SET IN!!!Price is currently stable at 1.27165 therefore, desperation may set in! Ahead of UK RETAIL SALES NEWS set to be released tomorrow by 7:00 London time. We saw how price just stabilized at 1.27165 level. Setting a standard for a possible sell opportunity. As we monitor price around that level, we look forward to seeing some bearish price action developments away from that level Shortby Cartela2
GBPUSD SELLGBPUSD reach all time high and ready to sell as DXY confirmed bearish move Shortby Olumine2
GBP/USD-Bullen stehen vor einem wichtigen Test bei 1,2800GBP/USD hat es geschafft, den Höchststand vom vergangenen Mittwoch zu überwinden, nachdem der britische Inflationsbericht für April veröffentlicht wurde, und ist auf ein Niveau gestiegen, das seit März nicht mehr erreicht wurde. Angesichts der zinsbullischen Signale von RSI und MACD sieht es so aus, als könnte der Kurs in naher Zukunft erneut die Marke von 1,2800 erreichen, ein Wert, der im vergangenen Jahr nur mit Mühe überwunden werden konnte. Auf dem Tages-Chart ist zu erkennen, dass GBP/USD seit Anfang August mindestens zehn Mal die 1,2800-Marke durchbrochen hat, allerdings nur ein einziges Mal erfolgreich, und selbst das war nicht von langer Dauer. Ansonsten hatten die Bullen kaum eine Chance, da ein Fehlschlag nach dem anderen zu verzeichnen war. Daher wird diese Marke in dieser Woche eine Schlüsselposition sein. Sollte er nachgeben, ist es sehr wahrscheinlich, dass wir einen Vorstoß in Richtung des im März erreichten Hochs bei 1,2894 erleben werden. Sollte dies der Fall sein, könnten Sie den Durchbruch mit einem Stopp unter 1,2800 kaufen, um sich zu schützen. Sollte die Marke von 1,2800 den Bullen erneut die Stirn bieten, könnte man erwägen, den Handel umzukehren und GBP/USD mit einem Stopp über 1,2800 zu verkaufen, um sich abzusichern. 1,2762 und 1,2690 sind mögliche Handelsziele. In Anbetracht des vorherrschenden Trends ziehen wir es vor, Kurseinbrüche oder Durchbrüche zu kaufen, anstatt Erholungen auszublenden. Viel Erfolg und bleibt vorsichtig da draußen! WHSELFINVEST:GBPUSD Risk Disclaimer: CFDs sind komplexe Instrumente und gehen wegen der Hebelwirkung mit dem hohen Risiko einher, schnell Geld zu verlieren. 66% der Kleinanlegerkonten verlieren Geld beim CFD-Handel mit diesem Anbieter. Sie sollten überlegen, ob Sie verstehen, wie CFD funktionieren, und ob Sie es sich leisten können, das hohe Risiko einzugehen, Ihr Geld zu verlieren. by WHSelfInvest2
GBPUSDApproaching the sell area we will wait for set-up here but my entry is at 1.2770 for the bear to have a go.... Shortby elitetechfx-dailyUpdated 2
GBPUSD 2H*). Price Failed to Make a New High in the 4-Hour (4H) Chart:This indicates a potential weakening of the bullish momentum. When the price fails to reach or exceed the previous high on a 4-hour chart, it suggests that buyers are losing strength and sellers might start gaining control. This scenario can often lead to a reversal or a consolidation period before the next significant move. *). Price Started Trading Below the Horizontal Structure on the 2-Hour (2H) Chart:Trading below a horizontal structure, which could be a support or resistance level, is a key signal of a potential trend change. In this case, if the price begins to trade below a previously established support level on the 2-hour chart, it indicates a shift in market sentiment from bullish to bearish. This breakdown often leads to further downward pressure on the price. *). Wait for Price to Pull Back and Fill the Fair Value Gap (FVG):The Fair Value Gap (FVG) represents an area where the price has moved too quickly in one direction, creating an imbalance between buyers and sellers. Traders often wait for the price to retrace and "fill" this gap before continuing in the original direction. This pullback to fill the FVG can provide a better entry point for traders looking to short the market, as it indicates the price is returning to a more balanced state before resuming its downward move. *). Anticipating that Price Will Drop Towards the 1.26490 Support Level:Given the failure to make a new high, the breakdown below the horizontal structure, and the potential retracement to fill the FVG, the overall expectation is for the price to continue its decline. The target for this drop is the 1.26490 support level. By combining these technical indicators, traders can form a more comprehensive view of the market's direction and make more informed trading decisions. Good Luck 🤞🤞 Shortby vbenking91112
GBP/USD back in the rangeGBPUSD has broken above the 1.26 level following the CPI data from last week which resulted in DXY losses. Expect price to continue up to the 1.28 level. Await short term price action above or below the previous day high/low (PDH/PDL) before entering long orders. Longby TheForexMessiahUpdated 5
GBPUSD Potential Bearish Bat PatternFrom the daily chart, GBPUSD has stabilized and rebounded recently, and the short-term market is expected to continue to rise. At present, you can pay attention to the vicinity of 1.2826 above. This position is the short position of point D of the potential bat pattern. At the same time, this position is within the early supply zone. If the market shows a stagflation signal at this position, you can consider shorting at 1.2826. The downside target is around 1.2680, and the lower target is around 1.2590. If the price breaks through the 1.2900 mark, it will continue to rise.Shortby XTrendSpeed2