GBPUSD: Potential Intraday Sell Opportunity!Greetings Traders,
Current Market Analysis:
At present, I am observing a potential intraday opportunity to sell off into the H1 bullish order block, which is residing in discount prices. I am already in a sell trade on GBPUSD, taken earlier.
Key Observations:
M15 Breaker Block: We have experienced a pullback into an M15 breaker block situated in premium prices. This zone presents a potential area to seek confirmations for selling opportunities, targeting the draw on liquidity, which is the H1 bullish order block.
M15 Bearish Order Block: There is also a possibility of price pushing further into premium prices, reaching the M15 bearish order block. This is another area where we can look for potential selling opportunities.
Trading Strategy:
Selling Opportunities: Focus on seeking confirmations to sell off around the M15 breaker block and the M15 bearish order block, targeting the H1 bullish order block residing in discount prices.
Target Levels:
H1 Bullish Order Block: The primary target is the H1 bullish order block, aligned with the current draw on liquidity. The aim is to see price fill the liquidity void.
Conclusion:
By understanding the current market structure and identifying key areas for potential selling opportunities, we can effectively execute intraday trades on GBPUSD. The pullback into the M15 breaker block and the possibility of reaching the M15 bearish order block provide strategic points for selling, guiding our approach towards capitalizing on intraday opportunities.
Happy Trading,
The_Architect
Gbpusdanalysis
GBPUSD ( BULLISH ) ( 4H )GBPUSD
HELLO TRADERS
TENDENCY : the price stabilizing above turning level , indicates is under bullish pressure .
TURNING LEVEL : the price around 1.294 .
PRICE MOVEMENT : the price in previously it can be a strong rising and created a new historical peaks , currently price 1.296 , as long as the price stabilizing above turning level reach a resistance level my goal 1.298 , 1.303
PRICE ACTION :
LONG CONDITION : until the price trading above this level reach a resistance level at 1.298 , then stable this level created a new resistance level at 1.303 .
SHORT CONDITION : if the price breaking turning level at 1.294 , reach a support level at 1.290 , then breaking this level reach a next support at 1.285
TARGET LEVEL :
RESISTANCE LEVEL : 1.298 , 1.303 ( new resistance level ) .
SUPPORT LEVEL : 1.290 , 1.285 .
EURUSD and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD: Anticipating Short-Term Bearish Reversal!Greetings Traders!
Current Market Analysis:
At the moment, GBPUSD has been primarily bullish coming into this week. However, recent price action indicates that we might anticipate some bearish institutional order flow to meet minor targets before potentially continuing the bullish trend.
Key Observations:
Market Structure Shift: We have seen a market structure shift, suggesting a potential reversal. This bearish sentiment was further confirmed when the price respected the Balanced Price Range, leaving the Fair Value Gap above it as a runaway gap. This indicates that the price has no immediate need to move further into premium prices.
Trading Strategy:
Entry Strategy: I am looking to see if the price retraces back into the H1 bearish order block. This will be my primary entry point. If the price does not retrace into the H1 bearish order block, I will seek other entry methods, provided the price gives me a confirmation to do so.
Target Levels: The main target is the Daily Bullish Fair Value Gap, which is my draw on liquidity.
Conclusion:
By understanding the current bearish institutional order flow and leveraging key support and resistance levels, we can effectively anticipate and execute trades on GBPUSD. The observed market structure shift and the respect for the Balanced Price Range support a bearish outlook in the short term, guiding our strategy towards taking advantage of short opportunities while keeping an eye on the potential continuation of the bullish trend.
Happy Trading,
The_Architect
GBPUSD - Look for a long !!Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block.
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GBP/USD Longs from 1.29400 back up This pro-trend idea aligns with the current bullish momentum, as we see price break structure once again. The recent impulsive move broke the previous supply, creating a new demand zone. I will now await a pullback to this demand zone, specifically a promising 3-hour demand.
However, I won't be surprised if price continues to climb, reaching a supply area and then dropping to a deeper demand level. This could occur as price fills the imbalances left from the impulsive move.
Confluences for GU Buys:
Price has been very bullish, breaking structure to the upside.
The current trend is bullish, matching the dropping DXY.
There is significant liquidity to the upside, with strong bullish candles on the higher time frame.
Demand zones have been created near the current price, indicating potential for another rally.
P.S. I won't be surprised if price opens with volatility. A major incident involving Donald Trump in the USA could cause price gaps. Therefore, I will patiently wait for the market to settle before making any moves.
GBPUSD Weekly Analysis and OutlookGBPUSD Weekly Analysis and Outlook
Next week, the GBPUSD pair is poised to challenge a key resistance level, showing potential for a significant bullish move. Traders should prepare for the possibility of the pair creating a new high as it attempts to break above this critical level.
Current Market Overview:
The GBPUSD has been building momentum for the next upward movement leg, with increasing buying pressure observed near the resistance zone. The pair's recent price action indicates a continuation of a bullish sentiment, supported by favorable market conditions. As it approaches this crucial resistance, traders are closely monitoring for signs of a breakout.
Expectations and Potential Scenarios:
As the GBPUSD approaches the key resistance level, several scenarios could unfold, which traders should prepare for:
Primary Expectation:
Bullish Breakout: If the GBPUSD successfully breaks above the resistance level, it is likely to trigger a strong upward movement, potentially creating a new high. This breakout could lead to higher price levels, offering traders opportunities to capitalize on the bullish trend. In this scenario, the pair might target subsequent resistance levels, reinforcing the positive outlook.
Alternative Scenario:
Resistance Rejection: However, if the GBPUSD encounters strong resistance and fails to break through, a temporary pullback might occur. This would allow traders to reassess and look for entry points at lower levels before the upward trend potentially resumes. Monitoring the price action closely at this resistance zone will be crucial to anticipate this scenario.
Conclusion:
In summary, the GBPUSD pair is at a pivotal point, with the potential for a significant breakout and the creation of a new high. Traders should watch for a decisive move above the resistance level, which could signal continued gains and a shift to a bullish trend. Keeping an eye on both bullish breakout and corrective pullback scenarios will be essential for effective trading strategies. Stay updated with market developments and adjust your positions accordingly.
By Piptera Digital Solutions,
Invest Wisely!
DeGRAM | GBPUSD pullback from the channel boundaryGBPUSD is moving in an ascending channel above the trend lines.
The chart has reached the upper boundary of the channel and is now trading near the resistance level.
We expect a pullback after the end of testing the current level.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
GbpUsd could rise above 1.3After the false break of support in mid-April, GBP/USD recovered and has risen to resistance once more.
The recent correction is now over, and the price has formed a higher low at the end of June and the start of July.
At this moment, a break above resistance seems imminent, and the price could continue to rise above 1.3. The next technical resistance level is at 1.3150.
I remain bullish as long as the 1.2650 level remains intact.
GBP/USD Outlook ICT Concepts💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on GBP/USD, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
🔍 Identifying Key Levels
The chart displays crucial levels and zones that are impacting the current market behavior:
• PMH: Previous Month High, an important resistance level where liquidity might accumulate.
• FVG: Fair Value Gap, indicating an area of market imbalance.
• Daily FVG: Daily Fair Value Gap, acting as a significant support zone.
• PWL & PML: Previous Week Low and Previous Month Low, which are key levels where the market might capture liquidity before a reversal.
• BSL: Buy-side Liquidity, indicating where traders have placed their buy orders.
📊 Key Considerations
• BSL: The market has recently taken the buy-side liquidity, suggesting a potential reversal.
• FVG: Currently, the price is trading within the Fair Value Gap, which suggests a bearish sentiment as the market might use this gap to gather liquidity before moving lower.
• Daily FVG: Tapping into the Daily Fair Value Gap indicates a potential support zone where liquidity is gathered, potentially leading to a price reversal.
• PWL & PML: These levels are significant as the market might target them for capturing additional liquidity before a reversal.
📉 Current Price Action
The recent price action shows a bearish bias. The market has taken the buy-side liquidity (BSL) and is currently trading within the Fair Value Gap (FVG). This suggests a potential for further downward movement as the market uses this gap to gather liquidity.
🔄 Bearish Scenario
Given the current market conditions, the bearish scenario is supported by several factors:
• PMH Swept: The market has taken liquidity above the previous month high, indicating a potential reversal to lower levels.
• FVG: The current Fair Value Gap represents an area of imbalance. If the price continues to trade within or below this gap, it reinforces the bearish outlook.
• Daily FVG: Tapping into this gap suggests the market might use the gathered liquidity to drive prices lower.
• Targeting PWL & PML: The price could target the previous week low and previous month low for capturing additional liquidity before a potential reversal.
📈 Bullish Scenario Considerations
While the overall bias is bearish, there are factors to consider for a potential temporary bullish move:
• Creating Low Resistance Sell-Side Liquidity: For any long positions, the market needs to create low resistance sell-side liquidity by taking out the sell orders, which could then be used to drive the price higher.
• Lower Time Frame Short Positions: For any short positions in lower time frames, the market must target and take out the low resistance sell-side liquidity before moving significantly lower.
📊 Chart Analysis Summary
The current price action suggests a bearish sentiment as the market has taken the BSL and is trading within the FVG. The Daily FVG acts as a critical support zone where the market might gather liquidity before potentially reversing. Traders should be cautious and look for signs of low resistance sell-side liquidity being taken for any long positions, and similarly for short positions in lower time frames. Understanding these key levels and market behaviors helps in making informed trading decisions.
🙏 Thank you for joining us!
Exploring GBP/USD today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
GBPUSD ( UNDER BULLISH PRESSURE ) ( 4H )GBPUSD
HELLO TRADERS
Tendency under bullish pressure after the price breakout resistance trendline
TURNING LEVEL : a blue line between resistance and support level around 1.276 , indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level
RESISTANCE LEVEL : there is a green line around 1.281 and 1.285 , indicates selling have already increase this level , so if the price stabilizing turning level reach this target
SUPPORT LEVEL : there is a red line below turning level around 1.268 and 1.264 , indicates buying have already increase this level , so if the price breaking turning level reach this targets
PRICE MOVEMENT : maybe first the price will trying to dropping turning level around 1.276 , after rising to the resistance level around 1.281 , then stable above this level reach 1.285 ,
if the price breaking turning level reach a support level at 1.268 , then stabilizing below this level reach a 1.264
TARGET LEVEL :
RESISTANCE LEVEL : 1.281 , 1.285
SUPPORT LEVEL : 1.268 , 1.264
GBPUSD analysis week 28☘️GBP/USD rebounded above 1.2800 supported by revived interest rate cut hopes. Investors are betting that the Federal Reserve (Fed) will be pushed further to cut interest rates in the third quarter after US Nonfarm Payrolls (NFP) labor figures showed issued a misprint, beating forecasts but with a large revision from previous figures.
☘️The most recent UK Parliamentary election took place and ended with little volatility in the markets. GBP traders will have to do their best to wait for next week's UK Industrial Production figures for May, which are expected to recover from April's sharp decline.
☘️The pair is climbing to the resistance level of 1,280 and shows signs that a strong breakout could continue next week. Some further buying should break the nearest resistance level and push the pair back to two-week highs around 1,285. The circular resistance zone around 1,290 will be where GBP investors look to take profits when the price slides to this zone. In the opposite direction, the pair may still need a recovery to continue maintaining its stable uptrend. The first support level is around 1,276 where there is strong support from the two EMA 34 and EMA 89 lines. The price can retreat more strongly to the support area of 1,271 retracement points of Fibonacci 0.5 and is the break out area from downtrend.
Support: 1,276-1,271
Resistance: 1,285-1,289
Trading signals
SELL GBPUSD zone 1.28-1.290 SL 1.292
BUY GBPUSD zone 1.271-1.269 SL 1.267
GBPUSDThe GBP/USD pair is exhibiting a bearish trend on the daily timeframe, forming a symmetrical triangle. The completion of the Elliott Wave 4 at the resistance trendline, coupled with the formation of a double top, suggests a potential move towards the Elliott Wave 5 on the bearish side. This confluence of patterns indicates a strong likelihood of further downside movement.
GBPUSD, a high probability idea to sell from trendlinesIdea No : 20
16 out of last 19 ideas were successful and 3 still running, let's talk about 20th
this idea is on our radar for the past few days now and we were waiting for the touch of either one of the red resistive trendlines and it did the touch after NFP last week
therefore this is a high probability idea and we expect selling pressure soon and it looks prety much inevitable now
by the way, our last idea on this pair was spot on, check the related idea
let's see...
GBPUSD : Sell and Long opportunities for upcoming week !!!Hello traders, hope you doing great.
for upcoming week, we'll have two option based on specified levels.
The first one is waiting for blue zone and take long, and the second one is waiting for red zone and wait for confirmation of sell.
so we have to wait and see what will happen.
and finally tell me what do you think? leave your comment below .
If this post was helpful to you, please like and share with your friends.
Thanks.
GBP FACES CHALLENGES IN THE 3RD QUARTERGBP FACES CHALLENGES IN THE 3RD QUARTER
Pressure is mounting at the GBP withinside the 1/3 area as hobby price cuts are sooner or later considered, whilst the United Kingdom trendy election reasons a bout of volatility and weak point withinside the GBP, with the Conservative Party in power. recorded the bottom consequences in decades. The Labor Party gained a landslide victory withinside the July four election. With the brand new government`s spending plans nevertheless unclear, buyers might also additionally live farfar from GBP and GBP-denominated assets, till while the monetary state of affairs is extra stable.
UK INFLATION: TARGET ACHIEVED, BUT DIFFICULTIES STILL REMAIN
The UK reached a key monetary milestone in May while inflation information hit the BoE's goal. For the primary time in almost 3 years, UK headline inflation fell to 2%, in step with the BoE's long-time period goal and staining a outstanding turning factor withinside the nation's combat in opposition to growing rate pressures .
Core inflation - which includes meals and energy - additionally fell from 3.9% to 3.5%, whilst offerings inflation fell from 5.9% to 5.7%, proper on target however nevertheless worryingly excessive for the BoE.
GBP/USD Sell to Buy idea from 1.28400 down to 1.27600While GU buys are more favourable overall, as day traders, we will focus on nearby opportunities. This week, sells look promising at the 2-hour supply zone, where I expect a bearish reaction. This is a small move intended to trigger a retracement back down towards the 18-hour demand zone.
Once the 18-hour demand zone is mitigated, I will look to take buys. If price falls through this demand zone, the more ideal zones are the 9-hour or 8-hour demand. Overall, I am bullish as price is breaking structure to the upside, but a retracement is expected.
Confluences for GU Sells to Buys:
Price is very near a good 2-hour supply zone at the top of a structural point.
Imbalances below to target, as well as liquidity that needs to be taken.
Price has been very bullish and needs some correction.
Price is currently in a bullish trend, so sells to buys are favourable.
DXY is looking quite bearish as of now.
P.S. If price continues going up and breaks the 2-hour supply and structure once again, I will focus heavily on long opportunities.