GBPUSD ABCD Idea H1Here is my ABCD idea for GBPUSD on H1. OB range are on 61.8% and TP target at -27.
Gbpusdsignal
GBPUSD: The British Pound is also having downward adjustmentsGBPUSD: The British Pound is also having downward adjustments. In the short term, it is expected that GU will retest the support area around the 1.2700 threshold and wait for more reactions around this area. Ace may consider short selling with GU today.
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.
GBPUSD Sell signal for weekHi traders, Here we share with you #GBPUSD sell signal for week. Keep like and comment and flow🙏
GBPUSD IDEAQ2, 2024 the US Dollar was weaker against ,GBP,EUR,NZD and AUD. Presently, across these pairs we are awaiting a final push to previous unmitigated or fresh supply zones. Thereafter, possibly during the release of ADP and NFP we could see a resumption of the previous bearish trend.
GbpUsd near a very important breakThe break of support on April 12 proved to be a false one. After establishing a higher low at the beginning of May, FX:GBPUSD is once again trading near resistance.
A break above this resistance would be significant, as the price has reversed from this level multiple times, and it also aligns with the falling trend line.
I will remain bullish as long as the price stays above 1.26, and I am looking for a rise above 1.3.
BUY TRADE PLAN ON GBPUSDHey Trader,
Check out this analysis on GBPUSD.
The entry plan is best above the intraday resistance area.
Alternatively, a short trade can be considered if the price breaks below the intraday key zone (support), retests, and resists. A short trade can be considered.
Trade safe.
Gbpusd long Target 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.
Gbpusd confirm long Target
GBPUSD. Weekly trading levels 13 - 17.05.2024We continue the experiment with a wider range of zones. Let's see if we can guess the places to search for deals for the week ahead.
During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. The next morning I adjust the levels based on the new data and publish a new post.
The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)
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Levels are drawn based on volumes and data from CME. Used as areas of interest for trade. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to enter into a continuation of the movement. Until the price has drawn a reversal pattern.
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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.
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GBPUSD BEARISH TIMECable looks really good for a short trade. It's oversold, below main trendline, and i can see a manipulation short liquidation after a nice range. This could lead only to a drop. I expect a break below short term trendline this week, probably tomorrow, and a bounce once we will reach the support area at 1.245
Gbpusd buy setup 1:4 risk reward Gbpusd buy setup
1:3 risk reward ratio
the system : institutional tactics
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💡 GBPUSD: Analysis May 20Last Friday up D1 bar for GBPUSD had a lower shadow and closed near the top, showing good buying pressure. Before that, bar D1 decreased but created a bullish pinbar, also showing buying pressure. The recent price behavior of GBPUSD D1 at this resistance suggests the possibility of a breakout from the most recent peak to establish an uptrend again.
GBPUSD H1 broke out of the H1 sideways price range and bounced up, setting a new high price peak to return to the short-term uptrend. Currently, the price is moving sideways above the old peak, which is a form of price compression and can easily lead to a price bounce upward. The main trend of GBPUSD H1 today is waiting to buy.
💡 Trend H1: GBPUSD increases.
Today's trading idea: Buy GBPUSD.
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
💡 GBPUSD: Analysis May 22GBPUSD has its third consecutive day of increase, but is showing a slowdown as the price creates a Spinning Top candlestick pattern around the old peak. GBPUSD D1 needs a breakout from this peak if it wants to establish an uptrend again at D1.
After surpassing the old peak to reestablish an uptrend in H1, GBPUSD moved into a sideways phase in the trading range. Because the main trend is uptrend, GBPUSD H1 today continues the scenario of waiting to buy from the supports below.
Trend H1: GBPUSD increases.
Today's trading idea: Buy GBPUSD.
GBP/USD Bearish Reversal OpportunityThe GBP/USD currency pair is currently forming a Bearish Harmonic Pattern (XABCD), with Point D identified as the Potential Reversal Zone (PRZ). The confluence of several technical factors at Point D suggests a high probability of a trend reversal from bullish to bearish.
Technical Confluences:
1. Harmonic Pattern Completion
Point D of the Bearish Harmonic Pattern has been identified, indicating a potential reversal area. Harmonic patterns are reliable indicators of market reversals, and the formation of the XABCD pattern is a key signal.
2. Key Resistance Area
The PRZ aligns with a significant resistance area. Historically, this level has acted as a strong barrier to upward price movements, further reinforcing the likelihood of a bearish reversal.
3. 4-Hour Trend Line
A critical 4-hour trend line intersects at the PRZ. This trend line has consistently provided resistance in recent trading sessions, adding another layer of confirmation to our bearish outlook.
4. Bearish RSI Divergence (1-Hour)
On the 1-hour chart, a bearish RSI divergence is observed. While the price has been making higher highs, the RSI indicator has been making lower highs, signaling weakening bullish momentum and potential reversal.
Trade Setup:
Entry Point: 1.2695
Stop Loss: 1.2720
Take Profit Levels
TP-1: 1.2670
TP-2: 1.2645
TP-3: 1.2620
Conclusion:
Given the confluence of the Bearish Harmonic Pattern completion, key resistance area, 4-hour trend line, and bearish RSI divergence, we anticipate a bearish reversal from Point D. Traders are advised to enter short positions at 1.2695, with a stop loss at 1.2720. The take-profit levels are strategically placed at 1.2670, 1.2645, and 1.2620 to optimize risk-reward ratios.
This analysis provides a well-rounded perspective on the current EUR/USD technical setup, highlighting key factors that support a bearish bias.
DeGRAM | GBPUSD pullback from the rising wedgeGBPUSD is in an ascending channel.
The chart has reached the upper boundary of the channel and is moving in an ascending wedge.
The price is trading near the resistance level.
We expect a correction.
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GBP Faces Downdraft on Potential Double BoE Rate CutThe Pound is under pressure due to the Bank of England's (BoE) dovish policy stance. While a rate cut by August is expected, speculation swirls about consecutive reductions at upcoming meetings.
Double Cut Threat: Analysts warn back-to-back cuts could send GBP tumbling:
GBP/USD: Potential fall to 1.23
GBP/EUR: Potential drop to 1.15
Factors Supporting Double Cut:
UK inflation consistently undershooting BoE targets.
Dovish comments from BoE officials like Huw Pill and Megan Greene.
Incoming MPC member Clare Lombardelli potentially tipping the scales dovish.
Uncertainties and Counterarguments:
Resilient services sector inflation might delay rate cuts.
Strong inflation data on Wednesday could lead to holding rates in June.
Data Dependence and Volatility:
Upcoming data, especially Wednesday's inflation report, will dictate the timing and pace of rate cuts.
Weakening services inflation data: Increases chance of June cut followed by August cut, potentially weakening GBP.
Strong services inflation data: Might delay cuts until August, offering temporary GBP support.
Trade Idea: Short GBP/USD
Entry: 1.2375
Target Profits (T.P.): 1.2300, 1.2224, 1.2139, etc.
Stop Loss (S.L.): 1.3989
Implications for Investors and Businesses:
Monitor upcoming data and BoE pronouncements. These factors will significantly impact GBP's direction and necessitate adjustments in financial planning and international trade activities.
GBPUSD Money Heist Plan on Bullish DirectionMy Dear Robbers / Traders,
This is our master plan to Heist GBPUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level Police Force is waiting for our arrival, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: 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,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts.
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GBPUSD DOUBLE BOTTOM BUYHere gbpusd has formed a double bottom and trying to move up so it expected to go For LONG and targeting profit should be around psychological level of 1.27000
GBPUSD I Technical analysis & forecast 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 - Potential long ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for long position. My point of interest is if price makes a retracement and then rejects from trendline + liquidity zone.
Fundamental analysis: This week on Wednesday (GMT+3) we will see results of yearly CPI on GBP, news with high impact on currency.
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GBPUSD analysis week 21📌GBP/USD entered a technical correction and closed Thursday down after gaining 0.75% on Wednesday. The pair continued to rebound on Friday and traded near the 1.2700 resistance level.
📌Atlanta Fed President Raphael Bostic acknowledged inflation progress in April but noted that the Fed has not yet begun to ease policy. In a similar tone, Cleveland Fed President Loretta Mester noted that monetary policy was on track while they review more data, and Richmond Fed President Thomas Barking told CNBC that the Index data The latest consumer prices (CPI) show that inflation is not at a low level. The Fed tried to get.
📌The 34, 89 EMA is an important support level for GBP/USD at 1.2630. If the pair touches and confirms this as support, buyers will likely enter the market. In a bullish scenario resistance levels may appears at 1.2700 with a level of 1.2780 (78.6% Fibonacci retracement of the recent decline) if crossed will move towards the psychological level of 1.2800. Vice versa, if GBP/USD closes below 1.2630. This could attract sellers and usher in an extended correction towards 1.2600 (and 1.2540
🕯Trading signals
SELL zone 1.27800-128000 SL 1.28300
BUY zone 1.26000-1.25800 SL 1.25500
