Weekly Forex Forecast: GBPUSD Is Indicating Strength! GBPUSD had a strong close to last week. This led to a bullish BOS on the Daily TF, in the Weekly -FVG. I expect there to be a short term reaction to the imbalance, and then a resumption of the bullish momentum at the bullish FVG on the Daily TF.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Gbpusdanalysis
Is GBPUSD Setting Up for a Buy Opportunity?👀 👉 GBPUSD has shown impressive momentum, rebounding strongly from a key support level. The big question is—what’s next? I’m keeping a close eye on the price action, watching for a potential buy setup if the price continues to push higher from this level. Patience is essential, as waiting for confirmation can be the key to consistent results. 📢 *Disclaimer: This content is for educational purposes only and does not constitute financial advice.
EURUSD and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gbpusd setup GBP/USD trades with a positive bias for the third straight day and rises further above the 1.2700 mark in the European session on Thursday. The pair takes advantage of the sustained US Dollar weakness and mild risk appetite heading into the US data releases later in the day The Relative Strength Index (RSI) indicator on the 4-hour chart holds slightly above 50 and GBP/USD managed to hold above the 100-period Simple Moving Average (SMA) after testing this level several times since Tuesday, highlighting sellers' hesitancy.
Looking north, resistances could be spotted at 1.2700 (Fibonacci 38.2% retracement of the latest downtrend), 1.2750 (Fibonacci 50% retracement) and 1.2810-1.2800 (Fibonacci 61.8% retracement, 200-period SMA). On the downside, immediate support is located at 1.2650 (100-period SMA) before 1.2630-1.2620 (50-period SMA, Fibonacci 23.6% retracement) and 1.2600 (round level, static level)
GBP/USD: The Bearish Setup You Can’t Ignore Ladies and gents, let’s talk about the British Pound vs. the almighty Dollar—the drama never ends. 🎭 Right now, the charts are shouting louder than a reality TV fight: “Short me!” If you’re not seeing it, don’t worry—I’ll spell it out for you, sarcasm included. 😏
From Wedge to Woe: What the Chart Screams
1️⃣ The Big Downtrend 📉
Look at that drop—GBP/USD has been falling faster than your New Year’s resolutions. 🥲 A strong downtrend brought us to a cute little descending wedge, a classic pattern that screams, “I might bounce… but only to crush your hopes later.”
2️⃣ The "Fake Recovery" 🪤
Post-breakout, we saw a weak rally—let’s call it what it is: a dead cat bounce 🐱. Bulls are trying, but it’s like slapping duct tape on a sinking ship. The price is now flirting with resistance around 1.2775. Spoiler: It doesn’t look good for the bulls.
3️⃣ The Trap is Set 🪤
There’s a clear bearish trade setup here. A red zone for the stop-loss (thank you, risk management gods 🙌) and a juicy green target zone for profits. If you’re thinking of longing this setup, please—just don’t. Save yourself the heartbreak.
How This Plays Out: Two Scenarios 🎢
🔥 Bearish Dominance
This is the most likely play. Price respects resistance, drops out of the consolidating triangle, and continues its nosedive to 1.2500—or lower if the bears are feeling extra spicy. 🐻💣
🎩 Bullish Fantasy (Unlikely)
The only hope for bulls? A breakout above 1.2775. But even then, it needs real momentum, not the half-hearted attempts we’re seeing now. So unless you’re the kind of person who bets on lottery tickets for a living, stick with the short. 🎟️
George’s Take: Don’t Be a Chart Clown 🤡
Look, trading isn’t about being right—it’s about making money. If you’re seeing anything bullish here, you’re either blind or overly optimistic. This setup is bearish AF, and the risk/reward ratio is screaming SHORT.
Pro Tips for the Brave (or Smart):
Entry: Around resistance at 1.2775.
Stop-Loss: Tight above the red zone—don’t go broke proving a point.
Target: Scale out near 1.2500, or ride it lower if the bears take over completely.
Final Word: Trade Smart, Not Emotional 💼
Want to keep buying hope and dreams? Go ahead, but don’t blame the chart when it dumps on you. For the rest of you who actually care about strategy, setups like these are where profits are born. 🤑
Join the Road to a Million Club 🌟 if you’re done playing guessing games and want to trade like a pro. We don’t mess around—just clean setups, hard truths, and real results. 🚀
#TradeSmart #GBPUSD #BearishSetup 🐻💸
Intraday Strong Buy Alert GBPUSD Long. Alert by me,& alpahatrendBy KivancOzbilgic
When I'm quickly scouring charts I try to have 2 indicators already beaming, 1. TV Chart Patterns 2. Alpha-trend by By KivancOzbilgic. I think the indicator works well on its own with some ema's or similar.
So Alpha alerts with a 4HR Buy. I knew the volume might be a bit slow because I think people have had a gutful of this GBPUSD trading up and down & getting people long or short & then trapping them as price moves away from holders.
Anyway, the buy-setup is on the 1hr or 4hr or even 2 or 3 hr. But because price on the bigger intraday charts is sitting much lower the trade is not advisable because basically with very lite volume and momentum your long trade could get moved to a downward spiral and shorted by people already short and adding to their postition, what about a revenge trader who rushed and got done in the previous trade going Long GBPUSD and got shorted lower.
What about big-money from bankers executing block orders to buy-side. Do you think that might interfere with a Short trade?
Here is a chart of GBPUSD. Look at the accumulation so far on the Alpha-trend moving average. Could it be a fakeout and ready to fall-over from Alpha-trend into bears trend.
By KivancOzbilgic
Scenario on GBPUSDWe have created a higher low on the market, which will ultimately mean for me that I will wait to see how the situation develops regarding the marked point. If the price breaks below, it still won't matter because the support is set below which the price would have to fall to start considering a short position. From this perspective, I rather like to return to the creation of a double bottom or some other formation for establishing an SFP because around the price of 1.274 - 1.2867 we don't have selected liquidity and from this price the resistance at the price of 1.3 is very close. This is just my view of the entire situation around this market.
GBPUSD is in the Buying Direction after Testing SupportHello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPUSD DOWN The Pound Sterling clings to earlier gains yet trades off the weekly highs, which reached around 1.2749 during the European session. At the time of writing, the GBP/USD trades at 1.2684, virtually unchanged.GBP/USD Price Forecast: Technical outlook
Although the GBP/USD is set for weekly gains of over 1.2%, price action suggests Cable didn’t find acceptance above 1.2700, which could exacerbate a pullback toward the 1.2600 figure. In that outcome, the pair’s next support would be the November 27 daily low of 1.2564, followed by the November 26 low of 1.2506. On further weakness, the November 22 pivot low of 1.2486 is on the cards.
Conversely, if GBP/USD finishes the week above 1.2700, this could pave the way for testing the 200-day Simple Moving Average (SMA) at 1.2818. However, buyers must clear the current week’s peak of 1.2749.
Oscillators such as the Relative Strength Index (RSI) hint that buyers are gathering momentum, even though the RSI remains below its neutral line.
EURUSD and GBPUSD Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD I Possible retest and decline within the channel.Welcome 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!
GBPUSD "The Cable" Forex Market Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist GBPUSD "The Cable" Forex Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
DeGRAM | GBPUSD reached the upper boundary of the channelGBPUSD is in a descending channel between trend lines.
The price has already reached the lower boundary of the channel and dynamic support, which previously served as a rebound point.
The chart has formed a harmonic pattern.
We expect the pair to grow to the 38.2% correction level.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
DeGRAM | GBPUSD testing correction levelsGBPUSD is under the trend lines in a descending channel.
The chart formed a harmonic pattern and returned to the descending channel. The price is still testing several important levels, but is still above the support, which has already acted as a rebound point.
Volumes indicate that the return to the channel occurred with a decrease in market interest, and RSI indicates oversold.
We expect a reversal after the pair consolidates above the upper boundary of the channel.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
GBPUSD setup GBP/USD recorded the eighth straight negative week after the pullback from the 1.3433 level, losing more than 7%. The price posted a fresh six-month low of 1.2486 on Friday, meeting the long-term ascending trend line.
More aggressive selling interest would switch the broader outlook to a bearish one, resting near the 1.2445 support, taken from the lows on May 9. Even lower, the bears would gain control, pushing the pair towards the psychological mark of 1.2300.In case of a bounce off the uptrend line, then the price may test the 1.2715 resistance area, ahead of the 20-day simple moving average (SMA) at 1.2770 and, more importantly, the 200-day SMA at 1.2820.The momentum oscillators are confirming a bearish structure as the RSI is pointing down near the oversold zone, while the MACD is still extending its negative steam below its trigger and zero lines. The 20- and 200-day SMAs created a death cross, confirming the falling movement.
GBP/USD Longs from this weekly demand This week, my analysis suggests that GU is likely to experience a bullish reaction from its current position. Price is sitting within a key weekly demand zone and has already surpassed the 50% retracement mark, signaling a potential area for long opportunities.
At the current level, there is a 1-hour demand zone nearby, with another demand zone just below it. I plan to watch for price accumulation in these areas, particularly to take out the weekly low. Once that occurs, I’ll look for my lower time frame confirmation to enter long positions. My primary target will be the Asian session high near the supply zone above.
Confluences for GBP/USD Longs:
- Liquidity Targets: Significant liquidity rests above, including the Asian session high.
- Supply Zone Mitigation: A strong supply zone above has yet to be mitigated.
- Retracement Setup: The bearish trend suggests the need for a retracement upward.
- Imbalances Above: Price has left clear imbalances that need to be filled.
- Weekly Demand Zone: Price is currently reacting within a high-probability weekly demand area.
P.S.: If price opens the week with bullish momentum but doesn’t provide a clear entry setup, I’ll shift my focus to the mitigation of the supply zone above. This would present potential sell opportunities to continue the broader bearish trend.
GBPUSD is in the Selling Direction after breaking suPportHello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Gbpusd up signal GBP/USD extends its losses for the third successive session and trades at a fresh fix-month low below 1.2550 on Friday. Disappointing PMI data from the UK weigh on Pound Sterling as market focus shift to US PMI data releases.The Relative Strength Index (RSI) indicator on the 4-hour chart stays slightly below 30. In case the pair stages a technical correction, 1.2600 (former support, static level) could be seen as immediate resistance before 1.2670 (50-period Simple Moving Average (SMA), upper limit of the descending regression channel) and 1.2700 (round level, static level).
On the downside, 1.2550 (mid-point of the descending channel) aligns as first support ahead of 1.2500 (round level, static level) and 1.2440 (lower limit of the descending channel).After losing 0.5% on Thursday, GBP/USD continued to push lower in the Asian session on Friday and touched its lowest level since May near 1.2550. The pair seems to have turned technically oversold but recovery attempts could remain short-lived in the near term.
EURUSD and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.