Gbpusdanalysis
GBPUSD I Potential short-term pullback and more growthWelcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
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GBPUSD BUY | Idea Trading AnalysisGBPUSD is falling towards a support level which is a pullback support and could bounce from this level to our take profit.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
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
First, let's identify the key levels on the provided chart and analyze what we can expect from each level. The most important levels to observe are the previous month's high ( PMH ) and low ( PML ), as well as the previous week's low ( PWL ), which coincides with the previous month's low ( PML ).
📈 Current Price Action
We can see that the price has run through the previous week's high ( PWH ) and has taken the buy-side liquidity ( BSL ) marked out. Currently, the price is in a premium zone , and we expect a retracement lower.
🔻 Potential Short Scenario
There is potential for the price to start moving lower from this point. However, if the price reaches the key levels above the current price, it would present a high-probability short scenario. These levels include the Buy Side Liquidity ( BSL ), the previous day's low ( PDL ), and the Fair Value Gap ( FVG ) near the Buy Side Liquidity ( BSL ).
📉 Long Scenario Considerations
For any long scenario, we need the sell-side levels to be taken. We can look for confirmation from lower time frames ( LTF ) for any long positions towards the mentioned key levels.
🔎 Lower Time Frame Confirmation
By lower time frame confirmation, I mean that the low-resistance sell-side liquidity ( SSL ) in the lower time frames needs to be taken. After this, we can consider taking positions towards the major levels.
🙏 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.
DeGRAM | GBPUSD pullback from resistanceGBPUSD is moving between trend lines above the ascending channel.
The chart has reached the resistance level, which has already acted as a pivot point.
The price has touched the dynamic resistance.
We expect a pullback after the resistance retest.
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GBPUSD 1h time frameThis analysis is a combination of price action rtm and harmonic and fibo patterns... In my opinion, the dollar index has a price chat that can increase the index and cause the pound to fall...
Price can drop to 1.2579 on the fibo retracement ( 0.50 fibo )
After that, it can move up to the area of 1.2649 and drop and do 100 pips from there.
stop loss need for any position
good luck
GBPUSD - UniverseMetta - Analysis#GBPUSD - UniverseMetta - Analysis
On W1 we observe a correction from the previous impulse, which could potentially indicate the beginning of an upward price movement.
On D1, when fixed behind the trend line, it will be possible to consider buying at the beginning of a price rise. For the purpose of updating 1.28500
On H4, the 3rd wave is locally realized; we can consider an entry from the breakout to continue the upward movement.
Target: 1.27065 - 1.27290 - 1.27655
Forex Price analysis - GU, AU, UC, UJ and CJWelcome to this week's Forex Price Analysis for the week starting June 30, 2024. We're analysing GBPUSD, AUDUSD, USDCAD, USDJPY, and CADJPY.
GBPUSD:
The bullish wave structure is broken.
High probability sell at 1.2654 targeting 1.2612.
AUDUSD:
A bearish wave suggests a buy at the low.
A strong rally on Friday.
Prefer buying after a correction to the 0.6640 buy zone.
USDCAD:
A bearish move on Friday indicates a revisit to 1.3734.
Expect lower prices to 1.3627 before buying.
USDJPY:
Strong uptrend last week.
Bullish wave failed; trend change pattern with a corrective wave in Fibonacci sell-zone.
Trade below 160.70 suggests further decline.
A break above 160.96 negates selling.
CADJPY:
Similar to USDJPY.
Potential downside after Thursday's high.
A strong break of the high on Friday suggests an uptrend continuation.
A break below 117.43 indicates a selling opportunity after a pullback.
GBPUSD, Ready for sell IF ....Hello traders, hope you doing great.
for upcoming days, I think we'll probably see a downtrend in GBPUSD to specified Level IF the price stabilizes below 1.2734 . so we have to wait and see what will happen.
and finally tell me what do you think? UP or DOWN? leave your comment below .
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Thanks.
GBPUSD analysis week 28GBP/USD drops to new multi-week lows below 1.2650
GBP/USD remains under bearish pressure and trades at its lowest since mid-May below 1.2650. Stronger-than-expected Manufacturing and Services PMI data from the US helped the USD maintain its position and sent the pair lower.
The Bank of England (BoE) announced on Thursday that it is not changing its monetary policy settings. “The June decision is reasonably balanced as higher-than-expected services inflation reflects factors that will not push up medium-term inflation,” the BoE said. The BoE's upbeat tone on the inflation outlook has seen the Pound weaken against its major rivals.
GBP/USD fell below the lower bound of the ascending regression channel and the Relative Strength Index (RSI) indicator on the 4-day chart fell below 40, reflecting a bearish bias in the short-term outlook.
After breaking the important support level of 1,266, the GBPUSD pair may retreat to the 1,259 area before encountering recovery support. The main support level of the pair is at the 1,252 area. If GBP/USD drops below 1.259 and starts to use it as resistance, an extended slide towards 1.252 could be seen
Support: 1,259-1,252
Resistance: 1,266-1,272
Trading signals
SELL GBPUSD zone 1.272-1.274 SL 1.276
BUY GBPUSD zone 1.252-1.250 SL 1.248
DeGRAM | GBPUSD rising low is formedGBPUSD is moving in a descending channel between the trend lines.
The price bounced off the support level, which has already acted as a reversal point twice and which coincides with the 78.2% retracement level.
The chart has formed the AB=CD pattern.
We expect the rebound to continue.
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DeGRAM | GBPUSD decline in the channelGBPUSD is moving in a descending channel between the trend lines.
The chart is testing dynamic support after reaching the 62% retracement level.
We expect a decline after the resistance retest.
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DeGRAM | GBPUSD bounce from the channel boundaryGBPUSD is moving in a descending channel between the trend lines.
The price is above the lower boundary of the channel and has already reached it.
The chart reacted with a decline on touching the dynamic resistance.
We expect a rebound after the retest of the channel boundary.
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GBPUSD: The British Pound has had a sharp declineGBPUSD: The British Pound had a strong slide yesterday, penetrating the support area around the 1.2630 threshold, showing the prospect of a deeper decline for this pair. In today's session, under pressure from the USD, it is expected that GU will fall below a deeper threshold around the support area of 1.2520. It is recommended to sell with GU around the current price range
GBPUSD : Short Trade , 4hHello traders, we want to check the GBPUSD chart. The price has broken the upward trend line, but we still cannot say that the trend is downward. Currently, we have two scenarios in front of us. The first case is that the price cannot break the specified support level and the price stays in a suffering zone for a while. And the second case is that the price can break this level and a downward trend is formed in the market. Considering the strength of the downward movement and the fact that there is no sign of weakness in the downward movement in the lower time frame, it seems that the second scenario is more likely and the price will enter a downward trend after breaking the support level. If the price trend is downward, we expect the price to fall to around 1.24700. Good luck.