Gbpshort
GBPUSD SHORThello everyone.as you see in 4hr a bearish candle closed under the last low and changed the trend direction.so in smaller time frame we wait for reason to open short position in the supply area.
.dont forget to trail your stoploss.good luck
“”your follows and boosts encourage me to publish more analysis””
WC 19 June GBPUSD Intra-Day Sell SetupCould reverse any day this week.
MRN for the pound tomorrow. Would be good to see what it does.
Structure break M15 has yet to happen but intermediate LTF structure has.
In the HTF's GU still very bullish.
This is a short term sell setup
If price goes beyond and stays above 1.2850, this setup becomes invalid.
EURGBP: BUYS COMING INHello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the EURGBP pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Bearish On GBPUSDI am bearish because the overall daily trend is a downtrend. Meaning this is a pullback and the overall trend is catching up to the global trend... We have failed to break through this key support level 3 times and we are going for a retest. I am looking for a sell position around 1.26250. I have listed out my first and final TP zones. Let me know what you think ! As always trade safe and manage your risk as I have. I put my SL right above the last swing high to give my trade a little breathing room!
GBPUSD Short Term Bullish Sentiment off Daily LevelGBPUSD Short term Bullish Play to find Fair value Liquidity for further Shorts after some Weak CPI Figures this morning, Traders from Wednesday closing full short positions or deleveraging should create some bullish bias once the UK Market closes 5:30
GBP/USD Long-Term AnalysisIn this analysis, we will delve into the GBP/USD currency pair and present a long-term outlook suggesting a significant devaluation of the British pound relative to the US dollar. We will discuss the pair's current state, target levels, and provide supporting factors that indicate a downward trajectory for GBP/USD.
Analysis:
The GBP/USD currency pair has exhibited a bearish bias, signaling a potential long-term devaluation of the British pound against the US dollar. Presently trading at 1.24238, the pair has shown signs of weakness and failed to establish sustained bullish momentum.
Target Levels:
Our analysis identifies two critical target levels for the GBP/USD pair:
1. First Target: 1.29518
The first target level for GBP/USD is 1.29518. Reaching this level would mark a significant milestone in the pair's downward trajectory. It is important to monitor price action as the pair approaches this level, as it may encounter resistance and potential reversals.
2. Final Target: 0.58557
The final target for GBP/USD is set at 0.58557. This target suggests a substantial devaluation of the British pound against the US dollar in the long term. Reaching this level would indicate a significant shift in market dynamics and a prolonged period of bearish sentiment for GBP/USD.
Several factors contribute to the notion of a devaluation of the British pound against the US dollar:
1. Macroeconomic Factors:
a. Economic Indicators: Weak economic data such as GDP growth, inflation, and employment figures in the UK can contribute to downward pressure on the pound.
b. Monetary Policy Divergence: If the US Federal Reserve maintains a relatively hawkish stance compared to the Bank of England, it can attract investors to the US dollar, leading to pound depreciation.
2. Political Uncertainty:
a. Brexit Fallout: Ongoing Brexit-related uncertainties and potential trade disruptions may negatively impact investor confidence in the British pound.
b. Political Developments: Political instability or policy uncertainties in the UK can weaken the pound as investors seek safer alternatives like the US dollar.
3. Market Sentiment:
a. Investor Risk Aversion: In times of global economic uncertainty or market downturns, investors tend to flock to safe-haven currencies like the US dollar, exerting downward pressure on the pound.
b. Sentiment Indicators: Monitoring market sentiment indicators, such as positioning data and trader sentiment, can provide further insights into the prevailing bearish sentiment on GBP/USD.
Based on our analysis, the GBP/USD currency pair is likely to experience a long-term devaluation of the British pound against the US dollar. The first target level is 1.29518, with the final target set at 0.58557, indicating a substantial downward move for GBP/USD. Supporting factors, including macroeconomic indicators, political uncertainties, and market sentiment, contribute to this outlook. Traders and investors should carefully monitor these factors and exercise caution when making trading decisions related to GBP/USD.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Trading in the foreign exchange market involves risks, and traders should conduct their own research and seek professional advice before making any investment decisions.
Huge Risk to Reward Trade opportunity on GBP/USDGBP/USD approaching a strong resistance area and descending trendline resistance.
I am also expecting a Risk off mood next week which will boost the Dollor.
Big opportunity for a strong short opportunity.
1:5 Risk to reward
Trade with caution and always remember to manage your risk.
Patience Pays!
GU IS MAKING SENSE gbp/usd has two market structure shifts . first, on top. that push price to last bottom . and second shift has happened on botttom range . but far from bottom range . then we dont take that pos . if remmember , when ms happen source will take action on their zone . then we look price on top. then going to get short.