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GBPUSD

Trump Reclaims US Presidency6th November President Trump!!! DXY: Further strength expected to 105.45, could retrace briefly, needs to stay above 104.80. (beyond 105.45 could reach 106) NZDUSD: Sell 0.5935 SL 20 TP 75 (hesitation at 0.5895) AUDUSD: Sell 0.6560 SL 25 TP 80 GBPUSD: Sell 1.2810 SL 30 TP 60 EURUSD: Sell 1.0765 SL 25 TP 90 USDJPY: Buy 154.40 SL 45 TP 90 USDCHF: Buy 0.8710 SL 20 TP 40 USDCAD: Sell 1.39 SL 30 TP 70 Gold: Looking for reaction at 2733, beyond that could trade up to 2760
TVC:DXY
by JinDao_Tai
GBPUSD: Updated Support & Resistance Analysis 🇬🇧🇺🇸 Here is my latest structure analysis for GBPUSD. Horizontal Structures Resistance 1: 1.304 - 1.310 area Resistance 2: 1.331 - 1.332 area Resistance 3: 1.341 - 1.343 area Support 1: 1.284 - 1.286 area Support 2: 1.277 - 1.280 area Support 3: 1.266 - 1.269 area Vertical Structures Vertical Support 1: Falling trend line Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
The Best Level to short USDCAD TP +250/+500 pips🔸Hello traders, let's review the daily chart for USDCAD today. Trading near premium prices of the multiyear range, established in 2023. Currently risk/reward is shifting in bears favor, so it's recommended to look for sell side setups in this market. 🔸Range highs set at 3800, premium prices overhead at 3880 3960 range lows set at 3300 and premium prices below at 3140 3240 current bid is 3885. 🔸Recommended strategy for USDCAD traders: focus on short selling any rips/rallies near market price. price is currently trading near premium levels and is maxed out already, limited upside. TP1 bears +250 TP2 bears +500 pips keep in mind this is a swing trade setup so naturally will take more time to complete / hit both targets. good luck traders! 🎁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.
Short
by ProjectSyndicate
19
Gbpusd signal GBP/USD offers its recent gains registered in the previous session, trading around 1.2940 during the Asian hours on Wednesday. The pair depreciates as the US Dollar gains momentum on strengthening Trump trades as the voting favored Republican candidate Donald Trump in the US presidential election The Relative Strength Index (RSI) indicator on the 4-hour chart holds above 50 but GBP/USD is yet to flip the 100-day Simple Moving Average (SMA), currently located at 1.2980, into support, suggesting that buyers remain hesitant.
Short
by JohnHarry_7
Bullish bounce?GBP/USD is falling towards the support level which is an overlap support and could bounce from this level to our take profit. Entry: 1.2865 Why we like it: There is an overlap support level. Stop loss: 1.2803 Why we like it: There is an overlap support level that is slightly above the 127.2% Fibonacci extension. Take profit: 1.2936 Why we like it: There is a pullback resistance 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.
Long
by VantageMarkets
GBP, HUGE UPSIDE! Back to Long-standing 38-year support!!!I checked GBP tri-monthly chart which is not usually posted here -- and the pair is already telling us something on the direction it wants to go at broader long term spectrum. On the tri monthly data, GBP has started shifting its trend --- bouncing off it perfectly on a 38-year long standing very solid support. The pair's last visit to this price range was on April 1985. The pair is back at 1.0 FIB LEVEL (on tri-monthly) -- this is outrageously beyond bargain. Histogram wise, another higher lows was created conveying the current price range to be the last base price before the series of incoming series of ascend. Incoming Price valuation will be above average -- and that's an understatement. Bubble up volume (bottom indicator) finally appeared after almost 2 years (last one was July 2021). This is the 2nd straight appearance in 6 months this year, cementing the intention of the pair's target direction. Confidence on this pair's long term direction is firm. A 10% increase from current price within the next 12-16 months (very long candle on tri-monthly) is very possible. Spotted at 1.25 TAYOR. Safeguard capital always.
Long
by JSAL
13
GBPUSD - 4hrs ( Buy Trade Target Range 240 PIP ) 🟢 Pair Name :GBP/USD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🟢 Key Technical / Direction ( Long ) ——————————— Bullish Break 1.30250 Area Reasons - Major Turn level - Visible Range Hvn - Pattern Break - Choch Zone - Fixed Hvn Bearish Reversal 1.32750 Area
Long
by GentleGoldenEngine
6
Election Day Trade: GBPUSDToday marks a significant moment in the United States—Election Day—and as traders, we know that market sentiment can be influenced by political events. This morning, I took a strategic position on GBPUSD, entering the trade at 1.29623. With the current price now at 1.30266, the trade is showing promising momentum. The volatility associated with elections can create unique opportunities. In this case, the British pound seems to be gaining traction against the dollar, likely reflecting optimism or reactions to the unfolding political landscape. The key to successful trading on days like today is staying vigilant, managing risk, and being ready to adjust your strategy based on incoming news and market reactions. As always, I emphasize the importance of having a solid exit plan. With the market currently moving in my favor, I’m assessing the best points for taking profits while also remaining aware of potential reversals as the day progresses. What trades are you taking today, and how are you navigating the uncertainties of Election Day? Share your thoughts and strategies in the comments below! Your perspective could spark valuable conversations among fellow traders. (All Trading Ideas are shared for Educational Purposes. Trade the market at your own risk.)
Long
by TLTurnerTV
2
GBP/USD Strengthens Amid BoE Rate Cut Speculations and U.S. DataOn Friday, the GBP/USD currency pair exhibited a notable rise against its major counterparts, driven by a reassessment among traders regarding the anticipated interest rate cuts from the Bank of England (BoE) for the remainder of the year. Market sentiment has shifted as analysts speculate that the BoE is poised to implement a rate reduction in one of its forthcoming meetings in November or December. According to recent insights from Reuters, traders are now factoring in an 80% likelihood that the BoE will lower its key borrowing rates by 25 basis points (bps) on Thursday, bringing them down to 4.75%. This potential rate cut comes amidst a backdrop of economic considerations that have traders on alert, particularly with the release of key U.S. employment figures today. The market will focus on the USD Average Hourly Earnings month-over-month data, Non-Farm Employment Change, and the Unemployment Rate. These indicators are critical and are expected to bring strong volatility to the markets. Current forecasts suggest a headwind for the USD, which could concurrently bolster the GBP against the euro and impact other pairs correlated with the DXY. From a technical analysis perspective, GBP/USD has recently approached a significant demand area, which could serve as a springboard for upward movement. The Commitment of Traders (COT) report reflects a bearish sentiment among retail traders, indicating a broader market consensus that may be shifting. In contrast, "smart money"—institutional investors—appear to be accumulating long positions, potentially signaling a bullish outlook. Adding another layer of complexity are seasonal trends, which historically suggest that the GBP/USD pair could be on the brink of a new bullish rally. Traders are now posed with a critical question: is the current price level the optimal entry point for long positions, or should they await a potential dip to a lower demand zone before committing their capital? The outcome of today’s economic data releases will likely play a pivotal role in determining the short-term trajectory of the GBP/USD pair. Should the U.S. data disappoint, it may further sway sentiment toward the pound, while strong U.S. figures could dampen enthusiasm for the GBP, sparking further discussions around additional BoE rate cuts as the year draws to a close. In conclusion, the interplay between central bank policies, economic data, and market sentiment is creating an intricate landscape for traders navigating the GBP/USD pair. With potential rate cuts on the horizon for the BoE and significant U.S. economic indicators set to be released, volatility is inevitable and positions are likely to adjust in response to these developments. As the trading day unfolds, all eyes will remain glued to the charts and economic reports, seeking clarity and direction in what promises to be a dynamic session. ✅ Please share your thoughts about GBP/SD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
by FOREXN1
1
XAU/USD : Gold Set for a Move as U.S. Election Sparks VolatilityBy analyzing the #Gold chart in the 1-hour timeframe, we can observe several reactions to the demand levels we identified. Yesterday, we saw an initial bounce from the $2733 zone, with a 70-pip rise taking it close to $2740. Later, this morning, the price dipped below $2730 and reached the $2727 zone, where it was met with strong demand, resulting in a sharp increase of over 200 pips up to $2745. Currently, gold is trading around $2742, and I expect it to soon make another move toward the liquidity pools above $2745 and $2748. After that, keep an eye on the price reaction at $2752. Note that today is the U.S. election day, and the market may experience significant volatility. Be cautious with your trades! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDLong
by ArmanShabanTrading
2
GBPUSD Analysis!!!Dear Traders, I'm observing a descending channel on GU, and expecting price to approach a key resistance zone around 1.3110 - 1.3170, marked in red. I'll be looking for bearish signs with clear confirmation, in this area to consider potential short entries. Should GBPUSD respect this resistance, it may retrace downwards, targeting support levels around 1.2900 and potentially reaching the 1.2820 zone if bearish momentum persists. However, if buyers break through the resistance, I expect further bullish movement towards the upper yellow zones. Monitoring closely for confirmations before taking any position. 🚨 Any question comment me bellow!
by FxShzd
GPBUSD Bearish Megaphone starting new wave.GBPUSD is trading inside a Bearish Megaphone for the past 30 trading days. The price may now be supported by the 1hour MA50 but has formed the bearish formation it had on all prior tops under the Falling Resistance. The 1hour RSI has formed a similar topping pattern. As a result, this is a standard sell signal for the Bearish Megaphone. All declines reached the 1.5 Fibonacci extension, so we can target at least the previous Low at 1.2850. Follow us, like the idea and leave a comment below!!
Short
by TheCryptagon
RBA Holds, BoE Expected to Cut in Volatile Week Two major central bank decisions this week join the U.S. election as key events for markets, with interest rate reductions from the Reserve Bank of Australia and the Bank of England being considered. The RBA will announce its decision Tuesday (local time), with economists polled by Reuters forecasting no change to the current 4.35% cash rate. Persistently robust economic activity and sticky core inflation are thought to be keeping the central bank cautious. All major Australian banks—ANZ, CBA, NAB, and Westpac—expect the RBA to hold steady through year-end, projecting the first rate cut to come in February 2025. Meanwhile, the BoE is anticipated to lower its Bank Rate by 25-basis points on Thursday (local time), bringing it to 4.75%, according to a Reuters poll. Last week Britain's finance minister Rachel Reeves unveiled an unexpectedly large increase in borrowing and public spending, which prompted the Office for Budget Responsibility to raise inflation forecasts. However, analysts suggest that these fiscal moves won’t likely disrupt the BoE’s path toward a rate cut this week.
by BlackBull_Markets
GBPUSD On The Rise! BUY! My dear friends, GBPUSD looks like it will make a good move, and here are the details: The market is trading on 1.2913 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.2964 Recommended Stop Loss - 1.2884 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBPUSD I Buy and sell short-term opportunity 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!
by BKTradingAcademy
4
XAU/USD : Another Bullish Move Ahead? (READ THE CAPTION)By analyzing the #Gold chart in the 30-minute timeframe, we can see that, as expected last night, gold showed an upward movement with the market opening. After maintaining its position above the noted support level, it reached the targets of $2739 and $2744. Currently, gold is trading around $2742, and we’ll need to watch over the next two hours to see if it can stabilize above this level. The key demand zones are $2738.6-$2739.7 and $2727-$2733, while the important supply zones are $2747, $2752, and $2757.
OANDA:XAUUSDLong
by ArmanShabanTrading
12