Get started

Gbpusdanalysis

GBP/USD - Sell Zone !Hey there! I'm selling on GBP/USD: -RMID (Range Manipulation Initiation Distribution) -We have liquidity uptake. -We have an interesting zone. -We have the optimal Fibonacci. -We have accumulation before/on the zone. -We are with the trend. The GBP is likely to start depreciating due to the UK entering a recession! And the USD, on the other hand, is the complete opposite; it's extremely strong/performance currently thanks to rather positive economic results! 🚀 If you liked it and want more, don't hesitate to subscribe and boost the post! Questions? Leave a comment!
Short
by KizzFrance
GBP/USD - Interesting sell zone! (Swing)Hello everyone! - Here's my view on GBP/USD: - We have liquidity. (Recovery and Accumulation!) - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong USD. Particularly thanks to the very positive NFP for the US, among other factors! 10Y T-Notes have risen by 3%, so far everything is going well for the USD, so it's advisable to favor sales on pairs with XXX/USD. But we also have the UK entering a recession, so we have a pound that's very affected but still seems to be fighting not to depreciate too much following this recession, supported by several financiers in the UK; investors are mixed. That's why I see GBP/USD rebounding in the zone and dropping! 🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Short
by ex_rico
GBPUSD - Look for a short position ✅Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I wait price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block. Fundamental news: This week is NFP week, news with high impact on USD, so pay attention to the results on Friday to validate the analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
4
Gbpusd Sell Analysis GBP/USD gained traction in the American session on Friday and erased a large portion of its weekly losses. The pair clings to small daily gains above 1.2650 in the European morning on Monday. Following a mixed opening to the day, Wall Street's main indexes gathered bullish momentum and registered strong gains on Friday. In the meantime, the benchmark 10-year US Treasury bond yield retreated to 4.2% ahead of the weekend, making it difficult for the US Dollar (USD) to stay resilient against its rivals.
by Forex_Master-
GBP/USD - Interesting sell zone! (Swing)Hello everyone! - Here's my view on GBP/USD: - We have liquidity. (Recovery and Accumulation!) - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong USD. Particularly thanks to the very positive NFP for the US, among other factors! 10Y T-Notes have risen by 3%, so far everything is going well for the USD, so it's advisable to favor sales on pairs with XXX/USD. But we also have the UK entering a recession, so we have a pound that's very affected but still seems to be fighting not to depreciate too much following this recession, supported by several financiers in the UK; investors are mixed. That's why I see GBP/USD rebounding in the zone and dropping! 🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Short
by ex_rico
GBP/USD - Sell Zone !Hey there! I'm selling on GBP/USD: -RMID (Range Manipulation Initiation Distribution) -We have liquidity uptake. -We have an interesting zone. -We have the optimal Fibonacci. -We have accumulation before/on the zone. -We are with the trend. The GBP is likely to start depreciating due to the UK entering a recession! And the USD, on the other hand, is the complete opposite; it's extremely strong/performance currently thanks to rather positive economic results! 🚀 If you liked it and want more, don't hesitate to subscribe and boost the post! Questions? Leave a comment!
Short
by KizzFrance
GBPUSD H1 / Expecting a Bearish Move / Looking for Short Trade ✅Hello Traders! This is my forecast for GBPUSD H1. I expect DXY to be continuously bullish, that's why I will look for a short entry on GBPUSD. I expect to see that PDL will be taken. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
Short
by GoodTradeST
1
GBPUSD Longs from 1.26200 back up to 1.27400I still maintain a bearish outlook on GU; however, there's significant liquidity gathering around the marked trendline above. Consequently, I anticipate this liquidity to be taken out first, creating a CHOCH to the upside. Once this transition occurs, I expect a retracement back to the newly identified 4hr demand zone. This temporary upward movement is envisioned to enable price to address the existing imbalance fully, eventually reaching the 20hr supply zone where potential selling opportunities lie. I'll be monitoring for the emergence of a Wyckoff distribution pattern within that zone, signalling the continuation of the bearish trend. Confluences for longs are as follows: - Price has swept liquidity now pushing higher with momentum. - There's a new 4 hourly demand zone that has been created. - lots of liquidity to the upside like asian highs and trendline liquidity. - For price to continue going down I see imbalance getting filled as well as the 20hr supply being respected. P.S.This is a temporary idea that I have but I wouldn't be shocked if this recently established 4hr zone is breached, potentially reaching the 10hr demand zone I've identified below. However, considering that price has now cleared out liquidity, I anticipate further upward momentum for now. Have a great trading week guys!
Long
by Hassan_fx
1
Relative Strength Index & Moving Average Convergence DivergenceThe Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are popular technical indicators used by traders to analyze GBP/USD (British Pound/US Dollar) price movements and identify potential trading opportunities. Here's how they work and how traders can use them effectively: **Relative Strength Index (RSI):** 1. **Definition:** RSI is a momentum oscillator that measures the speed and change of price movements in GBP/USD. It oscillates between 0 and 100 and is typically displayed as a single line on a separate chart below the GBP/USD price chart. 2. **Interpretation:** - Overbought and Oversold Conditions: RSI values above 70 indicate that GBP/USD may be overbought, suggesting a potential reversal or correction. Conversely, RSI values below 30 suggest oversold conditions, indicating a potential buying opportunity. - Divergence: Divergence between RSI and GBP/USD price movements can signal potential trend reversals. Bullish divergence occurs when GBP/USD makes lower lows while RSI makes higher lows, indicating weakening bearish momentum. Conversely, bearish divergence occurs when GBP/USD makes higher highs while RSI makes lower highs, signaling weakening bullish momentum. 3. **Trading Strategies:** - Overbought/Oversold Levels: Traders may look for opportunities to sell when RSI is overbought (above 70) and buy when RSI is oversold (below 30), especially when these levels coincide with other technical signals. - Divergence Signals: Traders may use RSI divergence as a confirmation signal to enter or exit trades. For example, if GBP/USD is making new highs, but RSI fails to confirm, it could signal a potential trend reversal. **Moving Average Convergence Divergence (MACD):** 1. **Definition:** MACD is a trend-following momentum indicator that consists of two lines: the MACD line and the signal line. Additionally, the MACD histogram represents the difference between these two lines. 2. **Interpretation:** - MACD Line Crosses: Traders watch for crossovers between the MACD line and the signal line. A bullish crossover occurs when the MACD line crosses above the signal line, indicating potential upward momentum. Conversely, a bearish crossover suggests potential downward momentum. - Histogram: The MACD histogram measures the distance between the MACD line and the signal line. Increasing histogram bars indicate strengthening momentum, while decreasing bars may signal weakening momentum. 3. **Trading Strategies:** - Signal Line Crossovers: Traders may use signal line crossovers as buy or sell signals. A bullish signal occurs when the MACD line crosses above the signal line, while a bearish signal occurs when the MACD line crosses below the signal line. - Divergence: Similar to RSI, traders may also look for divergence between MACD and GBP/USD price movements to identify potential trend reversals or continuation signals. **Using RSI and MACD Together:** - Traders often use RSI and MACD together to confirm trading signals. For example, a bullish crossover on MACD combined with RSI crossing above 30 (after being oversold) may provide a stronger buy signal. - Conversely, a bearish crossover on MACD combined with RSI crossing below 70 (after being overbought) may provide a stronger sell signal. By incorporating RSI and MACD into their analysis of GBP/USD price movements, traders can gain valuable insights into momentum, overbought/oversold conditions, and potential trend reversals, enhancing their ability to make informed trading decisions.
Education
by FrankFx14
Moving averages and exponential moving averages (EMA)Moving averages (MA) and exponential moving averages (EMA) are widely used technical indicators in GBP/USD (British Pound/US Dollar) trading to identify trends, support, and resistance levels, and potential entry and exit points. Here's how they work: **Moving Averages (MA):** 1. **Definition:** A moving average is a trend-following indicator that smoothens out price data by calculating the average closing prices of GBP/USD over a specified period. 2. **Types of Moving Averages:** - Simple Moving Average (SMA): The SMA calculates the average price over a specific number of periods equally. For example, a 50-day SMA calculates the average closing price of GBP/USD over the last 50 days. 3. **Interpretation:** - Trend Identification: Moving averages help identify the direction of the trend in GBP/USD. An upward-sloping moving average indicates an uptrend, while a downward-sloping moving average suggests a downtrend. - Support and Resistance: Moving averages can act as dynamic support or resistance levels. During an uptrend, the price often bounces off the moving average (acting as support). Conversely, in a downtrend, the moving average may act as resistance. **Exponential Moving Averages (EMA):** 1. **Definition:** Exponential moving averages are similar to SMAs but give more weight to recent price data, making them more responsive to recent price changes. 2. **Calculation:** EMAs assign more weight to recent prices, placing greater emphasis on current price movements compared to older price data. This is achieved by applying a multiplier (often referred to as the smoothing factor) to the previous EMA value. 3. **Interpretation:** - Trend Identification: EMAs react more quickly to price changes compared to SMAs, making them suitable for identifying short-term trends and potential trend reversals. - Crosses and Crossovers: Traders often use EMA crossovers, such as the 9-day EMA crossing above or below the 21-day EMA, to generate buy or sell signals. A bullish crossover occurs when the shorter-term EMA crosses above the longer-term EMA, signaling a potential uptrend. Conversely, a bearish crossover suggests a potential downtrend. **Key Differences:** - EMAs are more sensitive to recent price data compared to SMAs, making them more responsive to short-term price movements. - SMAs give equal weight to all periods, while EMAs give more weight to recent periods. - EMAs react more quickly to price changes, making them suitable for short-term trading strategies, while SMAs are better suited for identifying longer-term trends. Both moving averages and exponential moving averages are valuable tools in GBP/USD trading, providing traders with valuable insights into trend direction, potential support and resistance levels, and entry and exit points. Traders often use them in conjunction with other technical indicators to make informed trading decisions and manage risk effectively.
Education
by FrankFx14
GBP/USD - Interesting sell zone! (Swing)Hello everyone! - Here's my view on GBP/USD: - We have liquidity. (Recovery and Accumulation!) - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong USD. Particularly thanks to the very positive NFP for the US, among other factors! 10Y T-Notes have risen by 3%, so far everything is going well for the USD, so it's advisable to favor sales on pairs with XXX/USD. But we also have the UK entering a recession, so we have a pound that's very affected but still seems to be fighting not to depreciate too much following this recession, supported by several financiers in the UK; investors are mixed. That's why I see GBP/USD rebounding in the zone and dropping! 🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Short
by ex_rico