Gbpusdanalysis
GBP/USD short term longs to shorts 1.26000 back up to 1.27200I am currently holding a bearish view on GU, and I'm patiently waiting for a deeper pullback toward the primary supply zone. However, there's a nearby 1hr demand zone where we might witness a bullish reaction. If this zone fails, which is possible given the ample liquidity below, there's also a deeper demand zone just beneath it. We need to wait patiently to see how price behaves.
If price continues to rise, reaching the Asian high and trend line, it would strengthen my bearish bias and provide additional confluence for potential sells. Conversely, if price declines further, I'll be on the lookout for Wyckoff accumulation to unfold in either of the demand zones.
Confluences for GU short term buys are as follows:
- Price left lots of liquidity to the upside as well as an asian high that needs to get taken
- There is two 1hr demand zones that could initiate the expected pullback yet to come.
- For my sell bias to come into play, price must rally up which hasn't happened yet.
- Imbalances are left above that need to get filled.
P.S. If price continues to decline, I'll wait for a new supply zone to form and then consider selling from that point. Ultimately, the majority of liquidity remains situated below, influencing this decision.
POTENTIAL TRADE SETUP ON GBPUSDHey Traders,
Check out this technical analysis on GBPUSD; it appears to be undergoing a small range pullback, potentially indicating a bullish momentum continuation.
However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry.
Alternatively, there may be an opportunity for a sell trade if the market breaches the evident support area.
Keep a close eye on this.
GBPUSD - Potential Short Trade Idea ✅💡Hello Traders!
This is my idea for GBPUSD. I expect a retracement from the Supply level which is also an OB level. I see a continuation of the bearish market structure and in case of confirmation of retracement from the supply level, I will execute a short trade.
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GBPUSD - BUY SIGNALGBP/USD holds support below 1.2600.
Markets continue to reflect the expectation that the BoE will hold off until August before easing. Rate expectations are perhaps providing the GBP with a bit of a cushion against the USD’s advance.
Sterling has rebounded modestly from the earlier session low. The GBP/USD pair based around 1.2590/1.2600, effectively a retest of the 200-Day Moving Average where Cable has found support in the recent past.
Gains through 1.2640/1.2650 resistance are needed to give the GBP an additional lift from here.
Guys, what do you think? Leave a comment with your thoughts.
GBPUSD Bullish side Day Trade RobberyHELLO LOOTERS,
This is our master plan to Heist Bullish side of GBP/USD Market. Guys U can enter at any points, Our target is Red Zone Caution area. Day Robbers loot and escape end of the day in this market, USD Pairs can change his character after the news, SO be careful.
GBPUSD LIQUIDITY GRABlast friday sessions price grab below it fake flag form, Im not expecting a lower price for this pair, see my charts how I explain, if youre a smc I think you understand also what is protected orders, not taking a OB it doesnt mean price would go to respected OB, its been a discussions on how trading works and how this idea might be invalid for most of the smc traders.
This is only my view, last friday price grab below. This is not a financial advice either.
FOllow for more. Give a like if you think its good. give a comment if you have another view,
I will appreciate what is your insights!
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! 📊
GBPUSD: Exploring Potential Sell OpportunityCurrently, GBPUSD has successfully navigated through an m15 Order Block , prompting my focus on a draw towards the H1 Discount Sell Stops. Given GBPUSD's bearish institutional order flow on higher timeframes, I anticipate key bearish price discovery arrays, like Order Blocks, to exert downward pressure on prices.
Furthermore, discount prices feature relatively equal lows acting as engineered liquidity, serving as a compelling draw for price movement.
I've entered a confirmation entry off the Order Block to capitalize on these dynamics.
Kind Regards,
The_Architect
GBPUSD
In the 4-hour timeframe, GBP/USD appears to be favoring a short-term selling position following the completion of Elliott Wave's C point and a breakout below the ascending trendline. The price is currently forming an Elliott Wave pattern with waves 1 to 4 complete, featuring a 50% retracement. With the price now moving towards the 5th wave, traders may consider shorting opportunities to capitalize on the anticipated continuation of the downtrend.
GBP/USD SELL from 1.2632I'm SHORT cable from 1.2632 for the following reasons:
a). On H1 price has been rejected by the 100 EMA
b). THe 100 EMA coincides with the WPP mid pivot which has acted as stern resistance
c). RSI has been decling for several hours
d). MACD sees the fast MA crossed down over the slow
e). Pivot Point SuperTrend is reading SELL on 15M
f). Andean Oscillator sees the red SELL line crossed over both the green BUY line and the signal line.
g). Andean Oscillator sees the green BUY line flat.
h). On H1 the 25 and 50 EMA's are together and heading south.
All these signs taken together would suggest we are BEARISH for at least the next few hours in the absence of further news.
CBI Consumer Confidence missed at 14;00 but this is seldom a huge market mover and any USD BULLISH sentiment seems to be evaporatin>
Adding to this analysis is the fact that the EUR/USD is also BEARISH and this also looks a good time to SELL.
GBPUSD: Pending Buy Order at H1 Bullish Order BlockAt the moment, I have initiated a pending buy order at the H1 Bullish Order Block . My anticipation is to enter buy positions aiming to reach the Daily Fair Value Gap (FVG), which serves as my Draw On Liquidity . The institutional order flow on GBPUSD currently indicates a bullish sentiment , and I intend to align with this narrative.
Stay tuned for further updates.
Kind Regards,
The_Architect
GBP/USD – SELL Zone!-Hello everyone !
-Here is my opinion on GBP/USD:
-P.O.I (Point Of Interest)
-An increase in liquidity.
-An interesting area.
-Optimal Fibo (OTE).
-No counter-trend.
- FVG (Fair Value Gap/Imbalance) *Optional
-Plus we have a very nice shopping area next to our TP!
This is why I would see the GBP/USD going DOWN!
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Questions ? Leave a comment!
GBP/USD – SELL Zone!-Hello everyone !
-Here is my opinion on GBP/USD:
-P.O.I (Point Of Interest)
-An increase in liquidity.
-An interesting area.
-Optimal Fibo (OTE).
-No counter-trend.
- FVG (Fair Value Gap/Imbalance) *Optional
-Plus we have a very nice shopping area next to our TP!
This is why I would see the GBP/USD going DOWN!
🚀 If you liked it and want more, don't hesitate to subscribe and Boost the publication!
Questions ? Leave a comment!
💡 GBPUSD: Forecast March 25GBPUSD fell sharply in the last session after creating a bearish engulfing candlestick pattern. Currently, the resistance level of 1.26 is showing signs of being broken, selling pressure is still very strong, continuing to expect the price to go down in the short term, The target is still around 1.25xx. The position to enter a sell order at this time is not good. You should wait for a rebound to the 1.27xx area before considering entering the order.