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GBPUSD

GBPUSD short target 140 pipsGBPUSD short target 140 pips Trade based off higher time frame , support and resistance and trend lines. After an initial rise approx 22 pips expecting it to reach high resistance and retrace to target. target is 140 pips , advising to secure here by moving stops, we could have further downside note the gap highlighted on the right of chart and that will more than likely be filled this week. As always please use proper risk management and entry criteria
Short
by F0rexBorex
GBPUSD Will Move Higher! Long! Here is our detailed technical review for GBPUSD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.271. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.277 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
Market Analysis: GBP/USD Climbs BackMarket Analysis: GBP/USD Climbs Back GBP/USD is attempting a recovery wave above the 1.2600 resistance. Important Takeaways for GBP/USD Analysis Today - The British Pound is attempting a fresh increase above 1.2620. - There is a key bullish trend line forming with support near 1.2680 on the hourly chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On the hourly chart of GBP/USD at FXOpen, the pair declined after it failed to clear the 1.3000 resistance. As mentioned in the previous analysis, the British Pound even traded below the 1.2800 support against the US Dollar. Finally, the pair tested the 1.2500 zone and is currently attempting a fresh increase. The bulls were able to push the pair above the 50-hour simple moving average and 1.2600. The pair even climbed above the 1.2700 level. A high was formed at 1.2749 and the pair is now consolidating gains. There was a move below the 23.6% Fib retracement level of the upward move from the 1.2506 swing low to the 1.2749 high. On the upside, the GBP/USD chart indicates that the pair is facing resistance near 1.2720. The next major resistance is near 1.2750. A close above the 1.2750 resistance zone could open the doors for a move toward 1.2800. Any more gains might send GBP/USD toward 1.2880. On the downside, there is a bullish trend line forming with support at 1.2680. If there is a downside break below 1.2680, the pair could accelerate lower. The first major support is near the 1.2630 level and the 50% Fib retracement level of the upward move from the 1.2506 swing low to the 1.2749 high. The next key support is seen near 1.2600, below which the pair could test 1.2570. Any more losses could lead the pair toward the 1.2510 support. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
GBP/USD Analysis – 4H Bullish MomentumHello, Traders! 👋 Here’s my latest analysis of GBP/USD on the 4H timeframe. The chart presents compelling bullish signals that suggest a continuation of the upward trend after a potential retracement. Key Observations: 1️⃣ Bullish Divergence on RSI: - The 4H RSI displays a bullish divergence, indicating potential buying momentum as price action aligns with oversold conditions reversing upwards. 2️⃣ Market Structure Shift: - A clear shift in market structure supports bullish sentiment, confirming the likelihood of a continued rally after the retracement. 3️⃣ Retracement Zone: - The market is likely to retrace to the 1.2580 level, offering an optimal entry zone for buyers before the next leg upward. Target Levels: - Short-term: 1.2850 - Mid-term: 1.3000 - Long-term: 1.3450 Trade Plan: 🔹 Entry Zone: Look for bullish price action confirmation near the 1.2580 level. 🔹 Stop Loss: Place stops below 1.2505 to account for potential volatility. 🔹 Take Profit Levels: - 1.2850 - 1.3000 - 1.3450 Risk Management: Risk no more than 1-2% of your capital on this setup. Be patient and wait for retracement confirmations to enter long positions. Monitor the retracement to the 1.2580 level for potential buy entries, with targets scaling up to 1.3450. Let me know your thoughts and share your ideas below. Happy trading! 🚀 #Forex #GBPUSD #Bullish #TradingViewIdeas
Long
by Akshulive
1
Could the Cable reverse from here?The price is rising towards the pivot which aligns with the 38.2% Fibonacci retracement and could drop to the 1st support which acts as a pullback support. Pivot: 1.2859 1st Support: 1.2616 1st Resistance: 1.3044 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.
Short
by ICmarkets
GBPUSD is in the Buying Direction after Testing SupportHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
GBP/USD: Bullish Bias and Strategic PositioningToday, I’m excited to share my analysis on the GBPUSD currency pair, which is currently showing a strong bullish bias. As we navigate through the market, I will be utilizing probabilities to strategically position myself for long trades. Current Market Dynamics The GBP/USD pair has recently shown resilience, bouncing off critical support levels around 1.2670. This rebound suggests a potential bullish reversal, driven by positive sentiment surrounding the UK economy. Key fundamentals such as the Bank of England's recent decisions to maintain interest rates amidst inflationary pressures signal confidence in economic stability, which supports our bullish outlook. Global Influences On the global stage, factors such as a weakening U.S. dollar and improving economic indicators from the UK create a favorable environment for the British Pound. Additionally, geopolitical developments are leaning towards stability, which typically boosts investor confidence in GBP. Trading Strategy In this context, I plan to leverage statistical probabilities to identify optimal entry points for long positions. By focusing on key technical indicators, I aim to maximize potential gains while effectively managing risk. Join me as we explore this exciting opportunity in GBP/USD! Let’s make informed trading decisions together and capitalize on this bullish momentum. Happy trading! 2W: 3H: P.S. If you have any questions about how I trade probabilities with the overall market direction, feel free to reach out.
Long
by Jasminex1x2
USDJPY - A Whole Lotta Pips in 2024!USDJPY has been one of our favourites to trade! We've managed to catch the start of the swing points for each wave since the beginning of 2024. Our entry method remains the same. Break of Trendline. Simple yet very effective if used correctly. Since our last setup, we've moved +600pips in our direction. We're currently holding it at breakeven and riding out the wave! See below for our past setups. Trade 1: Trade 2: Trade 3: Trade 3 (Public Post): Trade 4 (Public Post): Trades 3 and 4 have been public setups. Well done to those that were paying attention and caught it! Goodluck and as always, trade safe!
by WicktatorFX
2
USDJPY - A Whole Lotta Pips in 2024!USDJPY has been one of our favourites to trade! We've managed to catch the start of the swing points for each wave since the beginning of 2024. Our entry method remains the same. Break of Trendline. Simple yet very effective if used correctly. Since our last setup, we've moved +600pips in our direction. We're currently holding it at breakeven and riding out the wave! See below for our past setups. Trade 1: Trade 2: Trade 3: Trade 3 (Public Post): Trade 4 (Public Post): Trades 3 and 4 have been public setups. Well done to those that were paying attention and caught it! Goodluck and as always, trade safe!
by WicktatorFX
GBPUSD I Possible retest and decline within the channel.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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Short
by BKTradingAcademy
GBP/USD: Relief Rally or Just a Pause Before the Next Drop?GBP/USD: Relief Rally or Just a Pause Before the Next Drop? GBP/USD has been locked in a prolonged downtrend, but recent price action shows signs of a relief rally to the upside. Could this mean the bears are finally running out of steam? Not so fast. While the bounce might be tempting for bulls, it’s essential to consider the bigger picture. The downside momentum isn’t entirely out of the equation just yet. Here’s why: Trend Analysis The long-term downtrend remains intact. Key resistance levels are looming, and the recent upward move might simply be a retracement within the broader bearish structure. Market Cycles Markets often move in cycles, and GBP/USD appears to still be in the middle of a downside cycle. Relief rallies like this are common before the next leg lower, catching overly eager buyers off guard. Fundamental Backdrop The GBP/USD pair is influenced by various factors, including UK economic data, US interest rate dynamics, and market sentiment. As of now, the fundamentals still favor the dollar, adding pressure to the pound. Trade Idea Short-Term Bulls: If you’re considering the upside, proceed with caution and manage your risk. Look for clear confirmation of strength above key resistance levels before committing to a bullish bias. Long-Term Bears: Stay patient. This relief rally could offer an excellent opportunity to short the pair at higher levels, aligning with the overall downtrend.
Short
by CognitiveAlpha
The Psychology of Wealth 🔸The psychology of wealth centers on cultivating a mindset that aligns your thoughts, beliefs, and actions with abundance, financial success, and prosperity. 🔸The affirmations you’ve mentioned—such as "money comes easily," "I deserve success," and "I’m in control of my future"—are key components of a wealth-oriented mindset. This approach isn’t just about positive thinking; it’s about rewiring your brain, creating empowering habits, and developing the emotional resilience needed to achieve financial and personal success. 🔸Here’s a breakdown of how these affirmations and principles relate to the psychology of wealth: 1. "Money Comes Easily" ▪️Belief in Ease and Flow: This statement fosters a belief that financial opportunities are abundant and accessible. When you believe money can come easily, you’re more likely to notice opportunities, attract resources, and act on them confidently. ▪️Shift from Scarcity to Abundance: Many people operate with a scarcity mindset, feeling money is hard to earn. By affirming that money comes easily, you break free from this limiting belief and open yourself to creative solutions and ideas. 🔸Actionable Steps: ▪️Identify opportunities in your field or new markets. ▪️Develop skills that make earning money simpler and more sustainable. 2. "I Deserve Success" ▪️Self-Worth and Wealth: Believing you deserve success ties your financial achievements to your sense of self-worth. If you subconsciously feel undeserving, you may sabotage your efforts or settle for less. ▪️Breaking Limiting Beliefs: Many people are conditioned by childhood experiences or societal expectations to believe success is reserved for others. Reaffirming that you deserve success challenges these limiting beliefs. 🔸Actionable Steps: ▪️Reflect on past achievements and recognize your value. ▪️Engage in self-care and personal growth activities to reinforce your worthiness. 3. "There Is an Abundance of Money" ▪️Abundance Mentality: This statement helps shift from a scarcity mindset to an abundance mindset. Believing there’s enough wealth for everyone fosters collaboration, innovation, and generosity. ▪️Law of Attraction: When you focus on abundance, you’re more likely to act in ways that attract wealth and prosperity into your life. 🔸Actionable Steps: ▪️Practice gratitude daily to focus on what you already have. ▪️Seek out stories or examples of abundance to reinforce this belief. 4. "Nothing Can Stop Me from Success" ▪️Resilience and Determination: This affirmation builds a mindset of resilience and perseverance. It reminds you that challenges are temporary and that you have the power to overcome obstacles. ▪️Reframing Failure: By adopting this belief, you view setbacks as opportunities to learn and grow, rather than insurmountable barriers. 🔸Actionable Steps: ▪️Break big goals into manageable steps to maintain momentum. ▪️Develop a "growth mindset," where challenges are viewed as essential for improvement. 5. "I’m in Control of My Future" ▪️Empowerment and Responsibility: This belief emphasizes personal accountability and the ability to influence your financial destiny. It counters feelings of helplessness and external blame. ▪️Focus on What You Can Control: While you can’t control every external event, you can control your reactions, decisions, and efforts. 🔸Actionable Steps: ▪️Set clear financial and personal goals. ▪️Continuously educate yourself about wealth-building strategies, such as investing, saving, and entrepreneurship. Final Thoughts The psychology of wealth is about more than financial gain—it’s about cultivating a mindset of abundance, gratitude, and empowerment. By believing that money comes easily, you deserve success, and you are in control of your future, you set the stage for proactive behaviors and sustained growth. Pair these beliefs with practical strategies, and you’ll find yourself on a path toward financial freedom and personal fulfillment.
Education
by ProjectSyndicate
16
eurusd h4 long/short +220/+300 pips swing trade plan🔸Hello traders, let's review the 4hour chart for EURUSD today. All previous setups hit TP, +600 pips original short and recently another short from resistance TP hit +240 pips. feel free to recap via links below: 🔸Currently after hitting 0500 EURUSD remains weak / vulnerable to further downside. I'm not expecting any bounce from current levels and also can't recommend any new entries, right now this is a no trade zone for me. 🔸Bears will target re-test of key s/r zone at 0380, this is also the highest probability zone for a bounce in EURUSD. Resistance overhead set at 0600, so this is a +220 pips trade setup based on the bounce off the key s/r zone. 🔸Recommended strategy for EURUSD traders:no trade recommended at current price, however bulls should enter BUY/HOLD at/near 0380 SL 40 pips TP1 +120 TP2 +220 final exit at 0600. Bears should wait for the bounce to complete and short from overhead resistance at 0600 TP1 +150 pips TP2 +300 pips final exit at 0300. SL 40 pips. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
12