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Gbpusdlong

Buy GBPUSD H4 Chart - ChannelGBPUSD Buyers Eyeing Opportunity : The GBP/USD pair on the H4 timeframe presents a potentially bullish opportunity due to a price nearing a breakout from a well-defined channel pattern. This suggests a possible shift in momentum and a higher likelihood of an uptrend in the coming days. Key Points: Buy Entry: Consider entering a long position (buying) around the 1.2600 - 1.2570 zone. This zone represents an attractive entry point near the potential breakout level. Target: The initial bullish target lies at 1.2820. Stop-Loss: To manage risk, place a stop-loss order below the lower support line of the channel, ideally around 1.2550. This helps limit potential losses if the price breaks down from the channel pattern and the downtrend resumes. Thank you.
Long
by KABHI_TA_TRADING
23
Gbpusd long GBP/USD trades sideways above 1.2600 amid a widespread holiday restraining action across financial markets. Investors took a long weekend ahead of critical United States employment data next week. Fed Chair Powell coming up next In case GBP/USD closes the day below the 200-day SMA at 1.2590 and starts using this level as resistance, technical sellers could remain interested. In this scenario, 1.2550 (beginning point of the latest uptrend) and 1.2500 (static level) could be set as next bearish targets. On the upside, GBP/USD could stage a recovery if it manages to stabilize above 1.2590/1.2600 (200-day SMA, psychological level). 1.2640 (100-day SMA) and 1.2670-1.2680 (Fibonacci 61.8% retracement of the latest uptrend, 200-period SMA on the 4-hour chart, 50-day SMA) could be seen as next hurdles. 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. Confirm long Target
Long
by JohnHarry_7
1
GBPUSD - BUY SIGNALGBP/USD holds support below 1.2600. Markets continue to reflect the expectation that the BoE will hold off until August before easing. Rate expectations are perhaps providing the GBP with a bit of a cushion against the USD’s advance. Sterling has rebounded modestly from the earlier session low. The GBP/USD pair based around 1.2590/1.2600, effectively a retest of the 200-Day Moving Average where Cable has found support in the recent past. Gains through 1.2640/1.2650 resistance are needed to give the GBP an additional lift from here. Guys, what do you think? Leave a comment with your thoughts.
Long
by tradingconmike
2
GBPUSD LIQUIDITY GRABlast friday sessions price grab below it fake flag form, Im not expecting a lower price for this pair, see my charts how I explain, if youre a smc I think you understand also what is protected orders, not taking a OB it doesnt mean price would go to respected OB, its been a discussions on how trading works and how this idea might be invalid for most of the smc traders. This is only my view, last friday price grab below. This is not a financial advice either. FOllow for more. Give a like if you think its good. give a comment if you have another view, I will appreciate what is your insights!
Long
by D1GITALTRADES
2
GBPUSD SELL | Day Trading AnalysisHello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
1
GBPUSD: GBPUSD commentary todayThe USD stabilized after the DXY index ended the week at a record high in more than a month, approaching its 2024 peak. The dollar has strengthened recently, contrary to expectations that the greenback would weaken as the Fed moves closer to cutting interest rates. Now, expectations of interest rate cuts by other central banks are also helping to support the currency. Investors will be watching a flurry of inflation data around the world this week, including the Fed's key inflation measure on Friday, which is expected to continue to run hot in February. The core PCE index, which excludes food and energy prices, is forecast to rise 0.3% after its biggest monthly gain in a year.
Long
by Chart_MasterPro
GBPUSD SHORT TRADE 305 PIPS READ DESCRIPRIONThe analysis for GBP/USD suggests that the currency pair is currently at a significant support level, which it has respected historically. This support level has been pivotal in guiding the price action of GBP/USD, with previous resistance having converted into support. The main support area is identified between 1.25350 to 1.25900, indicating a critical zone where buyers have historically stepped in to defend the price from further declines. Examining the data from big players and investors reveals a predominantly bullish sentiment, with 66% net long positions and 34% net short positions. The number of traders net-short has decreased by 24.98% from the previous week, indicating a reduction in bearish sentiment among traders. Retail trader data also shows a slight bias towards long positions, with 50.21% of traders being net-long on GBP/USD. This sentiment has remained consistent since March 01, suggesting a sustained bullish outlook among retail traders. From a technical analysis perspective, GBP/USD exhibits low volatility, with an Average True Range (ATR) of 0.01 and a total intraday range of 151.6%. Additionally, there is bullish divergence observed in the 15-minute timeframe, indicating a potential reversal of the current downtrend. The proposed long trade aims to capitalize on the bullish sentiment and the support level respected by GBP/USD. With a target of 305.7 pips and a profit potential of 2.43%, traders seek to benefit from potential upward movement in the currency pair. Risk management is emphasized to protect capital, ensuring that traders adhere to their risk tolerance levels and adjust position sizes accordingly. In summary, the analysis suggests a bullish outlook for GBP/USD, supported by historical support, investor sentiment, and technical indicators. Traders are presented with an opportunity to enter a long trade, with the understanding of managing risk and seeking potential profits. Communication is encouraged to address any confusion and to facilitate a better understanding of the market dynamics.
Long
by MOAZAM1133
GBPUSDGBP/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. 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. GBP/USD slumps to 1.2600 as on broad USD strength
Long
by Mark804
Are you ready to ride this? More than 3,000 pips { 21/03/2024}Educational Analysis says GBPUSD may move in this range for some time according to my technical. Broker - FXCM This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because the market is in an uptrend on 4 hour zoom out time frame, the market tried to put fake Change of Character duping the traders for a while. But now we can go long from this zone marked out with risk to reward ratio tool. Let's see what this pair brings to the table in the future for us. Please check the Comment section on how it turned out for this trade. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS, Happy Trading, Fx Dollars.
Long
by VishalBudhrani
6
GBPUSD - Long ( Potential Swing Trade)Happy Wednesday Everyone! I trust everyone is bless. New potential swing trade for 2/4 - GU Higher Time Frame Analysis - Lower Time Frame Entry - Price broke previous daily resistance, now support.(Also weekly support) - Daily strong bullish trend line. - As we look to close the first 3M candle for the year, if the markets holds above the support line&trendline, I see price heading towards 1.31 (Previous Yearly resistance candle) - 50% Fib Retracement - (Not considered any news events yet - purely analysed from a technical standpoint) I’ll definitely keep my eye on this and share my thoughts/updates as we approach April. Please share your own view below. Happy Trading/Investing :) God bless
Long
by Spokentrvth