Gbpusdlong
Scenario for GBSUSDAccording to the technical analysis that I presented here, at the moment there is an important support for us, which is located at the price level of 1.3060, if the bulls manage to significantly break through this level, then we can see a movement somewhere around the price level of 1.3260, which is located with levels of 0.5-0.618 fibo.
GBPUSD 4.12:1 LongThe 1h is taking out the previous HH.
Price has left a large inefficiency behind.
If price closes above the HH on the 1h I will wait for price to move back down to the 10m entry zone before taking a long trade.
GBPUSD - Look for Continuation Long (SWING) 1:5!GBPUSD is displaying a gradual bullish momentum following a strong upward trend on the HTF. After breaking the HTF key resistance level, it corrected to the nearest Demand Zone. On the LTF, GBPUSD appears to be accumulating before resuming an upward trend toward the Supply Zone, where a reversal market structure may form, supported by the DVX.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBPUSD Will Keep Growing!GBP-USD is going up after
The After rebounding from
Key horizontal level of 1.30222
Which makes us bullish biased
And makes us expect
A further bullish move up !
GBPUSD will rise?GBP USD all details on chart .
Can be a good profit in long . Entry after a good green candle . good luck
GBPUSD LONGPrice tapped the recent zone, made a clean market structure and hit the Order block. Imbalance filled on 15mins timeframe and expecting the price to move upside.
GBPUSD Bullish Reversal OpportunityGBPUSD price is facing a credible resistance zone. If the price action is able to print a convincing Higher High and break this zone, it may be a signal towards a proper Bullish breakout.
Bulls may eventually face a strong resistance zone around 1.3401 till 1.3515. If there is considerable Bullish momentum in this price zone, chances of TP2 may increase. Till then, opportunity may be seized by the Bulls.
Trade Plan:
Entry @ 1.31950
Stop Loss @ 1.2995
TP1 @ 1.3395
TP2 @ 1.3595
No. of Trades: 2
Move SL to Break Even if TP1 hits.
GBPUSD I Falling wedge pattern and potential upside 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.
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GBPUSD: Setting Up For A Nice Buy Are Bulls gearing up for the next rally? Waiting to BUY...
Looking for one more push down to retest the bullish OB or previous low at MQP 1.3000.
Buy limit @ 1.30412
SL 1.29811
TP1 1.30612
TP2 1.30912
TP3 1.31412
TP4 1.32412
Remember we want to be less predictive and more reactive. So let's wait for our bullish entry confirmations.
GBPUSD LONG IN THE ZONEM/M GBP coming tomorrow
In the green zone, looking for an escape with a lower low then an explosion at the top
Combining fundamentals and technicals, seems safe to say that after a liitle zig-zag tonight, any GBP asset will go through the roof
GBPUSD - Divergence for Many Indicators, Bullish Reversal ComingOn the 4H, there are many indicators for divergence, which potentially indicates a bullish reversal soon. Also, the extended M pattern is probably complete with the rejection to the upside from the current support level.
GBPUSD UPDATES
Previous idea on charts is looking good 270pips downward. now I am expecting a retracement for atleast 50% since the down. target only 170pips upward. since we have CPI, I expect a positive on a dollar, then drop first before it rise up.
This is not a financial advice.
This is only base on 50% premium/discount strategy retracement!
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No risk no gains.
#GBPUSD 4HOn the GBP/USD 1-hour chart, the price has bounced off a key support level, indicating a potential bullish reversal. The support bounce suggests that buyers are stepping in at this level, preventing further decline and possibly initiating an upward move.
Forecast: Buy
A buy opportunity is expected as the price rebounds from support. Traders may consider entering a long position with the anticipation that the price will move higher, targeting nearby resistance levels. It’s important to monitor price action for confirmation that the support is holding, as a breakdown below the level could invalidate the buy setup.
GBPUSD: Setting Up For A Nice Buy Are Bulls gearing up for the next rally? Waiting to BUY...
Looking for one more push down to retest the bullish OB or previous low at MQP 1.3000.
Buy limit @ 1.30412
SL 1.29811
TP1 1.30612
TP2 1.30912
TP3 1.31412
TP4 1.32412
Remember we want to be less predictive and more reactive. So let's wait for our bullish entry confirmations.
Don't miss the great SEE Opportunity in GBPUSDCurrent Market Sentiment: GBP/USD appears to have experienced a recent downtrend but is currently showing signs of stabilization, possibly setting up for a reversal or at least a retracement.
Support and Resistance:
Support: The blue line near 1.30400 represents a potential support level. This is further emphasized by the grey-shaded area below, indicating the possible zone where buyers may step in if the price dips slightly.
Resistance: The green shaded zone around 1.32400 suggests a potential resistance area, which serves as the target for the setup.
Trade Setup:
The chart suggests a buy setup, with the price expected to bounce off the support zone (grey area) around 1.30400.
The target is 1.32400 within the green box, marking a solid resistance zone.
Risk-to-Reward: The trade plan appears to be a long position with a stop-loss likely placed below the grey support zone, providing a favourable risk-to-reward ratio if the price reaches the target in the green zone.
This setup shows a buy opportunity from the support area, with a target around 1.32400, expecting GBP/USD to recover after its recent decline.
GBPUSD - Look for Reversal Long (INTRADAY) 1:4!A similar setup could be forming in GBPUSD, where we might catch a few pips on a buy once the price reaches the Demand Zone. Let's monitor how the market responds to this setup.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBPUSD British pound Bullish Week**British pound GBP Value Correlation to USD
>We are now in the Oversold region Signaling for a bullish trend week.
Note: Every time we get Oversold Readings (Green Vertical Lines) we always get a Bullish Move
**Election Year Seasonality forecast
>Bullish until early next Week.
Technicals:
>Price already tested the Daily Supply Zone last Friday, preparing for a Bullish Week ahead.
>Price could reach to the opposing Supply Zone that initiated the bearish imbalance.
OTHERS:
>Scalpers can ride the bullish trending week
>Long term traders can position for a Sell for next week or position a Long trade at Supply for a retest.
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
WEEKLY FOREX FORECAST SEPT 7-11th: GBPUSD GBP | GBPUSD is at an OTE level currently, and may find support for higher prices. I am on the lookout for BUY setups, as I do not want to take shorts in this market until prices breaks below 1.3000.
Check the comments section below for updates regarding this analysis throughout the week.
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May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
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GBPUSD - Upside move !!Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. Price rejected from bullish OB + level 1.31000, as well we have hidden divergence.
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#GBPUSD 4HGBP/USD (4H) Buy Opportunity:
The GBP/USD pair is in an uptrend on the 4-hour chart. If the price breaks through the first resistance zone, there’s potential for a continuation toward the second zone. The uptrend is supported by bullish price action, higher lows, and strong momentum indicators like RSI.
Trade Idea: Enter a buy position on a confirmed breakout of the 1st zone, with a stop loss below the breakout level and target set at the 2nd zone.
