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Gbpusdanalysis

GbpusdGBP/USD struck a soft chord on Thursday, dumping over one percent on the outset of the new trading season and piercing through the 1.2400 handle for the first time in almost ten months. Market volumes remain thin following the midweek New Year’s holiday, but the orders coming through are on a decidedly risk-off stanceGBP/USD trades below the 20-period and the 50-period Simple Moving Averages (SMA) on the 4-hour chart, while fluctuating below the descending trend line coming from December 10. Although these technical signs suggest that the bearish bias remains intact, the Relative Strength Index (RSI) indicator recovers toward 50, reflecting a loss of momentum. On the upside, 1.2540-1.2550 (20-period SMA, 50-period SMA) aligns as first resistance area before 1.2575 (descending trend line) and 1.2615 (100-period SMA). Looking south, supports could be spotted at 1.2500 (round level, psychological level), 1.2440 (static level) and 1.2400 (static level, round levelGBP/USD closed in the red on Monday and Tuesday, pressured by the broad-based US Dollar (USD) strength. Following the New Year break, the pair trades marginally higher on the day above 1.2500. Safe-haven flows dominated the action in financial markets toward the end of the year and helped the USD outperform its rivals. In the European morning on Thursday, US stock index futures rise between 0.5% and 0.7%, pointing to an improving risk mood
by KingForex078
GBPUSD: No Signs of Reversal, Downtrend Here to Stay?Hey Realistic Traders, Is FX:GBPUSD Downtrend Here to Say? Let's dive in On the H4 timeframe, GBP/USD has consistently traded below the EMA-200 line, facing multiple rejections at this key level. We observed more than three attempts where the price tried to breach the EMA-200 but failed, reinforcing the continuation of the downtrend. Adding to this bearish outlook, a breakout from a rising wedge and symmetrical pattern has occurred, both of which typically signal strong bearish momentum. Furthermore, the MACD indicator has formed a bearish crossover, providing additional confirmation of GBP/USD's downward trajectory. Given these strong technical signals, I foresee a downward movement toward the target at Target 1.23640. However, this bearish outlook hinges on the price maintaining below the critical stop-loss level at 1.26070. Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below. "Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on GBPUSD".
Short
by financialfreedomgoals101
2
GBPUSD I Long opportunity from bottom of the channelWelcome 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!
Long
by BKTradingAcademy
2
GBPUSD BUY | Idea Trading AnalysisGBPUSD is moving on support zone The chart is above the support level, which has already become a reversal point twice. 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. Price reversal going up, levels for BUY. Great BUY opportunity GBPUSD. ! GOOD LUCK! I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Long
by TheGrove
1
GBPUSD Analysis: Anticipated Decline from Key Selling ZonesOn the H4 timeframe, GBPUSD is currently approaching identified selling zones, specifically Zone 1 at 1.2614 and Zone 2 at 1.2660. Anticipation is for a downward price movement initiating from either of these zones. Projected price targets include: Target Price 1 at 1.2447, expected to be reached within the forthcoming week. Target Price 2 at 1.2301. We will continue to monitor and update the chart dynamically as price action evolves.
Short
by coolbouy
1
Stop!Loss||Market Watch: GBPUSDStop!Loss||Market Watch: GBPUSD In correlation with other foreign currencies, GBPUSD is in a downtrend phase against the U.S. dollar, having reached annual lows at extremes near the values of 1.2475. In correlation with the previous forecast on EURUSD, the following possible scenarios for GBPUSD can also be predicted. If the downtrend shows its strength, the rate decline may continue, which may be signaled by a downward breakdown of the year's lows at 1.2475. At the same time, on the four-hour time-frame over the last few days we can identify the formation of a potential reversal formation of the “descending wedge - triangle” type, which ended with its upper directional breakdown. Thus, if the rate continues its recovery and overcomes the resistance at 1.2615, and then breaks out of the downward channel of the last few months, it will serve as a technical signal to change the downtrend and further growth of the rate. 🚀 Trade with the professionals of THS - Wave Theory! 🔹 All trades are based on wave analysis. 🔹 Fixed stop loss and take profit for risk management. 🔹 100% automation: copy trades through CopyFX service. 🔹 Reliability and transparency: the results are confirmed by the market. 📈 Don't miss the chance to earn steadily! 👉 Connect to CopyFX with THS and start copying profitable trades right now! 💡 Details on our channel and in the app!
Short
by Trade_Hive_Signals
GBP/USD "The Cable" Forex Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📉 : You can enter a short trade at any point, however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high/low level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest high level. Goal 🎯: 1.23800 (or) Escape before the goal Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Short
by Thief_Trader
DeGRAM | GBPUSD rebound in the channelGBPUSD is moving in a descending channel between the trend lines. Price is moving from the lower boundary of the channel and dynamic support, and is now above the 50% retracement level of the rebound correction. The chart is maintaining a downward structure. At the current moment, the pair's chart looks bearish, but is clearly preparing for a reversal, for which a rising bottom is yet to be formed. We expect the rebound to continue if GBPUSD forms a rising bottom and consolidates above the 50% retracement level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
1
DeGRAM | GBPUSD trend line testingGBPUSD is in a descending channel between the trend lines. The chart still maintains the descending structure. The price has already reached the lower boundary of the channel and the dynamic support, which has already acted as a rebound point last time. MACD and RSI indicators on the 1H Timeframe indicate the formation of divergence. We expect a rise if GBPUSD can successfully hold the lower trendline. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
2
GBPUSD is in the Selling DirectionHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
GBPUSD SELL | Idea Trading AnalysisGBPUSD is moving on support zone and and made a head & shoulder pattern The chart is above the support level, which has already become a reversal point twice. We expect a decline in the channel after testing the current level. We expect a decline in the channel after testing the current level Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Short
by TheGrove
16