Falling towards 61.8% Fibonacci support?THE Cable (GBP/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which is a pullback resistance.
Pivot: 1.3010
1st Support: 1.2881
1st Resistance: 1.3207
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBP (British Pound)
Falling towards pullback support?GBP/USD is falling towards the support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.3004
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 1.2874
Why we like it:
There is a pullback support level.
Take profit: 1.3208
Why we like it:
There is a pullback resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPJPY: Channel Down started its new bearish wave.GBJPY is neutral on its 1D technical outlook (RSI = 45.648, MACD = 0.440, ADX = 26.099) as the price is testing the 1D MA50 again, being already on a 4 red day streak. The recent March 28th high almost touched the top of the 6 month Channel Down, so it can be technically considered a LH. Since the 1D RSI already crossed under its MA, we have a validated sell signal. Both prior bearish waves reached the 1.1 Fibonacci extension. Aim just over it (TP = 186.500).
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GBPAUD - Already Over-Bought!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈GBPAUD has been bullish trading within the rising channels in orange and red.
Currently, GBPAUD is retesting the upper bound of the channels.
Moreover, the $2.085 - $2.1 is a strong resistance zone.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper trendlines and green resistance zone.
📚 As per my trading style:
As #GBPAUD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gbpcad SellPrice has been making LL pointing to strength in downtrend and now price closed below the oh so very important 1.85172. the stop i wouldve like to put it above the last high but its ok im still is comfortable with it due to the volume nice scalp based on how fast the trade should hit tp or sl.
GBPCHF INTRADAY corrective pullback capped at 1.1430Trend Overview
The GBP/CHF currency pair remains in a bearish trend, with current price action reflecting a potential oversold bounce within a broader downtrend.
Key Levels & Scenarios
Resistance: 1.1440 (previous consolidation zone)
A bearish rejection from this level could reinforce downside momentum.
Downside targets: 1.1340, followed by 1.1300 and 1.1200 over a longer timeframe.
Bullish Breakout Scenario:
A daily close above 1.1440 would invalidate the bearish outlook.
Upside targets: 1.1480, followed by 1.1500.
Volume analysis indicates limited buying pressure, keeping the bearish bias intact unless 1.1440 is breached.
Conclusion
As long as 1.1440 holds as resistance, GBP/CHF remains in a bearish structure, targeting 1.1340 and lower levels. A break above 1.1440 would signal a potential shift toward 1.1480 and 1.1500.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GBP/JPY SELL SETUP 250 PIPS1️⃣ Macro Fundamental Analysis (GBP vs. JPY)
🔹 Interest Rate Differentials (Carry Trade Impact)
Bank of England (GBP)
The BoE has kept rates high to fight inflation.
Higher GBP rates → capital inflows into GBP assets.
Bullish for GBP/JPY.
Bank of Japan (JPY)
BoJ is still ultra-dovish, keeping negative/low interest rates.
Japan’s government wants a weak yen to support exports.
Bearish for JPY, Bullish for GBP/JPY (carry trade flows into GBP).
📊 Institutional View:
Hedge funds & large investors prefer long GBP/JPY due to high interest rate spreads.
GBP/JPY remains fundamentally bullish due to carry trade inflows.
🔹 Global Risk Sentiment (Risk-On vs. Risk-Off)
GBP/JPY is a "risk-on" pair → it rises when markets are bullish and falls when investors seek safety.
If stock markets are bullish, GBP/JPY tends to rise.
If there’s a global crisis, investors move into JPY (safe-haven), causing GBP/JPY to fall.
Current Market Sentiment:
Stock markets are uncertain, but no full risk-off move yet.
Watch equity markets & US bond yields for risk sentiment confirmation.
📊 Institutional View:
Mild risk-on bias → GBP/JPY has support, but volatility remains high.
🔹 Institutional Positioning (COT Data & Hedge Fund Flows)
Hedge funds have been buying GBP against JPY due to the rate differential.
Commitment of Traders (COT) Report:
Shows institutional investors are still net long GBP/JPY but reducing positions.
Some profit-taking could lead to short-term downside.
📊 Institutional View:
Long-term institutional bias is bullish, but hedge funds may reduce positions if risk-off sentiment increases.
2️⃣ Technical Analysis (ITPM Style) – Multi-Timeframe Breakdown
🔹 GBP/JPY (Daily Timeframe)
📈 Trend: Still in an uptrend, but approaching resistance.
📌 Key Resistance: 195.00 - 196.00
📌 Key Support: 191.00 - 190.00
🔹 Price is struggling at resistance near 194.00.
🔹 Possible pullback to 191.50 - 192.00 before resuming higher.
🔹 GBP/JPY (H4 Timeframe)
📉 Short-Term Weakness, but Still in an Uptrend Channel
📌 Key Level to Watch: 192.50 - 193.00
🔹 Bearish Rejection at 194.00, but still inside an uptrend structure.
🔹 If price breaks below 192.50, a deeper correction to 191.00 is likely.
🔹 GBP/JPY (H1 Timeframe)
📉 Intraday Weakness, Watch 192.50 for Breakdown
📌 Key Levels:
Resistance: 193.50 - 194.00
Support: 192.50 (short-term support), 191.50 (stronger support)
📊 Institutional View:
Intraday traders may take short positions below 192.50, targeting 191.50 - 191.00.
3️⃣ Institutional Trade Setup (ITPM Style)
🔴 Bearish Scenario (Short-Term Correction)
Entry: Sell below 192.50 (Break of key support).
Target: 191.50 → 190.00 (support zone).
Stop-Loss: Above 193.50.
Rationale: Short-term hedge funds taking profits → minor pullback in bullish trend.
GBP/CHF SHORT FROM RESISTANCE
GBP/CHF SIGNAL
Trade Direction: short
Entry Level: 1.140
Target Level: 1.128
Stop Loss: 1.148
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPUSD TRADE SETUPPotential Trade Setup on GBPUSD
The price has successfully retested a very strong support after the 3-week rally it exhibited in March.
However there has been little to no pullback after the rally, and currently, it is firing a possible divergence at 1.2970
The price is developing, and I am waiting for a break below the support area at 1.2960 to take a possible short-term sell trade.
A BUY opportunity is at the bottom of the 50% fib at 1.2700.
You may find more details in the chart!
Thank you and Trade Responsibly!
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GBP_CHF LONG FROM RISING SUPPORT|
✅GBP_CHF is trading along the rising support
And as the pair will soon retest it
I am expecting the price to go up
To retest the supply levels above at 1.1413
LONG🚀
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GBPCHF Massive Short! SELL!
My dear subscribers,
GBPCHF looks like it will make a good move, and here are the details:
The market is trading on 1.1428 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.1410
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
GBPUSD: Channel Up still intact but keep an eye on the 4H MA200.GBPUSD is bullish on its 1D technical outlook (RSI = 59.951, MACD = 0.008, ADX = 32.444) as the dominant pattern remains a Channel Up and despite the consolidation in recent days, the market remains supported over the 4H MA200. If it crosses over the LH trendline, go long in a similar manner as the Feb 13th break out and aim for the 2.382 Fibonacci extension (TP = 1.3200). If on the other hand the price fails and crosses under the 4H MA200, go short and aim for the S1 level (TP = 1.2555).
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GBPUSD(20250328)Today's AnalysisToday's buy and sell boundaries: 1.2936
Support and resistance levels:
1.3057
1.3012
1.2983
1.2890
1.2861
1.2816
Trading strategy:
If the price breaks through 1.2983, consider buying, the first target price is 1.3012
If the price breaks through 1.2936, consider selling, the first target price is 1.2890
Bearish drop?The Cable (GBP/USD) has reacted off the pivot and could drop to the pullback support.
Pivot: 1.2963
1st Support: 1.2871
1st Resistance: 1.3014
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce off pullback support?GBP/JPY is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 194.75
1st Support: 193,51
1st Resistance: 197.49
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce?EUR/GBP is reacting off the pivot and could bounce to the 1st resistance.
Pivot: 0.8337
1st Support: 0.8310
1st Resistance: 0.8377
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBPUSD GBPUSD Analysis & Signal (1H Timeframe)
📅 Date: March 23, 2025
On the GBP/USD chart, the price has reached a key resistance zone around 1.29629 after an uptrend, showing signs of rejection. This resistance aligns with a descending trendline, adding to the selling pressure.
Currently, the price is heading toward the demand zone marked between 1.28613 and 1.28117, which could act as a strong support level.
Signal:
Sell:
📍Entry Point: 1.29114 (current price)
🔴Stop Loss: 1.29629 (above resistance)
🟢Take Profit 1: 1.28613
🟢Take Profit 2: 1.28117
⚠️Risk Management:
With the stop loss set above the resistance, the risk-to-reward ratio (R:R) for this trade is at least 1:2. It’s recommended to risk only 1-2% of your capital on this trade.
📝Note: Before entering the trade, wait for additional confirmations (e.g., reversal candlestick patterns or a break of the zone) and assess market conditions.
Bullish momentum to extend?GBP/JPY is falling towards the support level which is a pullback support and could bounce from this level to our take profit.
Entry: 193.69
Why we like it:
There is a pullback support level.
Stop loss: 193.46
Why we like it:
There is an overlap support level.
Take profit: 197.49
Why we like it:
There is a pullback resistance that lines up with the 61.8% Fibonacci projection.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish drop?GBP/CAD is reacting off the resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.8582
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
Stop loss: 1.8736
Why we like it:
There is a pullback resistance level.
Take profit: 1.8397
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPNZD Sell Limit: Shorting from Key Resistance at 2.2590📉 GBPNZD: Sell Limit Trade Idea (Intraday)
Published: 27/03/2025 16:06 | Expires: 28/03/2025 15:00
Overview
Trading Bias: Mixed and volatile, with a preference to sell into rallies.
Market Context: GBPNZD has been showing short-term volatility, with the RSI trending higher, indicating potential for a temporary move upward before resuming the downtrend.
Trade Details
Entry (Sell Limit): 2.2590
Stop Loss: 2.2650 (-60 pips)
Take Profit: 2.2350 (+240 pips)
Risk/Reward Ratio: 4:1
Key Levels
Resistance Levels:
R1: 2.2590 (Bespoke resistance, preferred entry point)
R2: 2.2620
R3: 2.2680
Support Levels:
S1: 2.2450
S2: 2.2400
S3: 2.2330
Rationale
Preferred Setup: We expect a temporary rally into resistance at 2.2590, providing a favorable entry point to initiate short positions.
Momentum: While RSI indicates higher momentum in the short term, this aligns with a corrective rally rather than a sustained bullish move.
Volatility Risks: Key UK economic events (retail sales figures and national accounts) on 28/03/2025 at 07:00 GMT could trigger significant price swings. Traders should closely monitor these data points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPCHF: Bears Will Push
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell GBPCHF.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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