GBPUSD - Trade PlanGBPUSD is in range so we prepared the trade plan by playing resistance and support, prepared two trade plans
Gbpusd_forecast
GBPUSD clearly upwards trend Look for buy opportunities on GBPUSD.it has indicated an upwards trend for the rest of this week. Follow us for more forex signals and updates thanks!
GBPUSD Trade planI expect a pullback here on GBPUSD. I think the price is on the way for 1.254. This a resistance area where could maybe see a reversal pattern and the pattern could resume the bearish trend
GBPUSD H4 FORECASTIt seems like you're making a bullish forecast for the GBP/USD currency pair, indicating an expectation that the British pound will strengthen against the US dollar. There could be various reasons behind such a forecast, including economic data, geopolitical events, or technical analysis indicators. Is there anything specific you're basing this forecast on, or do you want to discuss factors that could influence the GBP/USD exchange rate?
GBPUSD Long 100 pips target with 1.2540 SLGBPUSD Long 100 pips target with 1.2540 SL
There is a triple bottom which is pointed with green dots on 4H timeframe and there are triple bottom in 1H TF at 1.2542
Price breaching 1.2542 should trigger SL
Daily TF:
4H TF:
1H TF:
Analysis of England POUND in Daily Time
The British economy, like Europe, is waiting for collapse and weakening, and the time has come for the dollar to dominate again.
This currency has taken a downward guard and by hitting the key and important red resistance area, the energy needed to launch the price to the 1.18 area with the first scenario and to reach the 1.036 area with the second scenario.
LONG GBPUSDThis pair has been ranging in between 125.400 and the 128.200 since the year began. If price keeps reacting the way it has been at these levels we are likely to see price increase, especially after the recent liquidity sweep. Let me know your thoughts on this trading idea.
GBPUSD BULLISH SET UP On GBPUSD look for buy opportunities..Upwards trends on GBPUSD don't try to sell u will be trapped by marked
GBPUSD buy setupIf you're interested to trade Gbpusd look for buy opportunities. Set a buy limit at 1.24800
GBPUSD: UPDATE 11/04/2024Dear Traders,
Hope you are doing great, we have an excellent buying opportunity. Yesterday price fell significantly mainly due to news came out in favour of USD, making usd the strongest currency against others. This brought huge selling volume in the market, leading our last GBPUSD idea to fail badly. The reason why we think price may rise due to so many gaps price has left behind. In our view price is likely to fill the liquidity void area before its next big move.
If you like our idea then do consider liking and commenting.
#GBPUSD: We are bullish now| 09/04/2024 | Setupsfx_|Dear Traders,
Regarding GBPUSD, we have observed a shift in momentum, presenting an opportunity to fill gaps in the market. Currently, the price is exhibiting significant bullish pressure and is likely to maintain this trend. We recommend considering both entry points, with a backup option in case the first fails. This trade has the potential to be lucrative if appropriate risk management is employed.
GBPUSD Trade Idea - Important Points To ConsiderIn the video, we analyse a potential trading opportunity for the GBPUSD. We delve into the prevailing trend, examine price movements, evaluate market structure, and pinpoint a potential entry point based on favourable conditions (if they arise), as outlined in the video. Additionally, I discuss my risk management strategy. Traders who lack a robust risk management plan expose themselves to significant risk and often encounter negative trading outcomes. It is crucial to incorporate sound risk management principles into your trading strategy. As always, please be aware that this information is strictly for educational purposes and should not be construed as financial advice.
USD JPY - PRICE BACK TO RESISTANCE ZONE AT 151.937 usd jpy got break out make a long trade as shown in the picture, follow for more live updates @FOREX_TRADER_007
GBPUSD Trade IdeaGBPUSD sell based on this 4H bearish trend and retrace. Not financial advice, use sound risk management.
GBPUSD Short Trading Opportunity
Entry:
Short position recommended upon retest of 1.25800 support-turned-resistance.
Stop Loss:
Place stop loss near 1.26200 to mitigate potential losses.
Take Profit Targets:
- TP-1 : 1.25390
- TP-2: 1.24980
Conclusion: Favorable short trading opportunity post-breakdown. Maintain disciplined risk management.
Disclaimer:
Trading forex carries high risk. Only invest what you can afford to lose. Past performance doesn't guarantee future results. Consult a financial advisor if unsure.
GBPUSD Long Target 1.2714 (Fib level 0.618)GBPUSD Long Target 1.2714 (Fib level 0.618)
Immediate Target - 1.2714
GBPUSD BUYGood evening everyone! Don't forget to put your thumbs up and write comment if you like the idea.
The price moves smoothly into the long area. On Friday I expect to receive an impulse growth against the backdrop of the same decline in the labor market.
First target: 1.26700
Final target: 1.28000
#GBPUSD: 600+ Pips Selling Opportunity! GBPUSD we have been trying to sell GBPUSD since long time price consolidated and then took out the buy side liquidity, now price has broke out the sell side trendline liquidity. In our view, price will continue to drop at least for another 200 pips, then after we will wait for second safe entry. Good Luck Trade might be ready within next week since we will be having several bank holidays.
thank you.
💡 GBPUSD: Forecast 1 AprilGBPUSD did not change much in the last session, the situation remains unchanged, continue to expect the price to go down in the short term, the target is around the 1.25xx threshold, however you need to move the SL for short positions. to the 1.2640 area to reduce risks.
GBPUSDPair : GBPUSD ( British Pound / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Short Time Frame
RSI - Divergence
Break of Structure
Consolidation Phase in Short Time Frame
Completed " 123 " Impulsive Waves
GBPUSD ANALYSIS LONGHere on gbpusd price has made rebound around psychological level of 1.26000 and now making some rejection that means that going for LONG is expected and targeting profit should be around 1.26500 or more.
Whats GBPUSD Next Target? See Our AnalysisWe have observed that since GBPUSD broke from 1.28000, it has been continuously declining. According to our prediction, GBPUSD may continue to decrease further, with our target set at 1.25380, 1.25000.
If GBPUSD breaks the 1.26380 resistance level again, its target would be 1.26800
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 1.26780
- 1.27800
📉 And our support levels are set at:
- 1.25770
- 1.25380
Stay tuned for further updates and trade smartly! 📊
