GBPUSD: Price almost reached our buying! Time To Swing BuyFX:GBPUSD
Price almost fell to our area of entry and will soon be rebounding, the main reason price dropped is strong USD data leading price to drop heavily. We expecting price to rebound strongly towards our take profit. First target can be set at 200+ pips from current price region and long target is 600+ pips.
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#GBPUSD: 500+ PIPS Buying Opportunity! FX:GBPUSD
GBPUSD, price has been bullish since last two weeks since DXY is dropping. We had expected price to drop and reject at our demand zone, however, as usd started weakening our plan did not work out as we planned. Wait, for price to fall to our area of entry and then enter with the price rejection at the demand zone.
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GBPUSD, Time for upward correction ?Hello Traders hope you are doing great.
for upcoming days, I think we'll probably see an upward correction to specified dashed line, we also have a regular divergence on 4H time frame and a Hidden Divergence on Daily.
so with a proper trigger, we can open a long position.
and finally tell me what do you think ? UP or DOWN ? Leave your comment Below.
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Gbpusd long opportunityGbp as shown as strong rejection from the h4 ob , price as took a lot of protein and i'm now into a zone of buying interest , i will eventually look for buy tomorrow , but if you love to take some risk it's a very interesting long entry into a order block with a good potential, first target could be 1.28400 to completely fill the gap.
GBPUSD Up GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your trades with the GBP/USD forecast and key pivot points data and support and resistance levels.
GBPUSD:300+ Pips A Great Buying Opportunity!Dear Traders,
GBPUSD has recently completed its corrective phase and is currently poised to establish a new yearly high. The overall bullish trend remains intact, and we anticipate further price appreciation in the coming days. However, it is important to note that several significant news events are scheduled for this week and next, which could introduce volatility into the market. Therefore, we recommend employing prudent risk management strategies when trading this pair.
Good luck and trade safe!
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.
GBP/USD Full Analysis , Best Place To Buy It And Get 200 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBP/USD Longs from 1.2700 or 1.26700My bias for GU this week is for it to continue its bullish trend, expecting a retracement to an area of demand. I've marked two potential zones of interest: the 3-hour demand and the 10-hour demand just below it. Once the price reaches these levels, I expect it to accumulate and present a clean buying opportunity on the lower time frames.
If the price doesn't form a correction and continues upward, I'll look to take sells from a supply zone near 1.27900 or slightly higher.
Confluences for GU Buys are as follows:
- Demand zone has caused a break of structure to the upside.
- Lots of liquidity to the upside as well as that wick that needs to get filled.
- Price is already been bullish so this is a pro trend trade.
P.S. As of now I will be waiting to see which direction Price would like to go in and prepare myself from there. Have a great trading week guys!
THANKS FOR 1K FOLLOWERS
GBPUSD Trading Plan - 30/May/2024Hello Traders,
Hope you all are doing good!!
I expect GU to go Up from the FS (For3xScalper) Box.
If it starts to give correction here, then we can go further down to 1.27 level.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPUSD I Bullish trend continuation Welcome 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.
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GBP/USD Long to Shorts from 1.27000This week, my plan for GBPUSD (GU) is to buy up towards the 10-hour supply zone. I will wait for a retracement to occur, allowing for a Wyckoff accumulation to form within the demand zone before taking buys, possibly targeting the relative equal highs I have marked.
If the price doesn’t retrace deeply and moves straight towards the supply zone, I will look for a Wyckoff distribution to initiate sells. This supply zone is more promising as it's a refined version of the 21-hour zone I marked last week.
Confluences for GU Buys are as follows:
- Price has left a clean 8hr demand zone that has swept liquidity.
- Price has been bullish and this idea is a pro-trend idea.
- There is lots of liquidity to target in the form of equal high and Asian high.
- There is still an unmitigated supply that needs to get mitigated as well.
P.S. If the price doesn't respect the demand zone, it could drop lower due to the imbalance below. In that case, I would look for a deeper demand zone to buy from or wait for the price to change character (CHOCH) to the downside.
Short Sell @ 1.29, Long Term Buy @1.25 - Target 1.40?Looking at the weekly chart, Cable has been forming a triangle/wedge pattern, which could also be viewed as a bullish flag after the rise from 1.035 to 1.31500. So, what’s next?
In the bigger picture, I’m bullish on this pair, but there will also be short-term selling opportunities. I expect the price to move up towards March's high at 1.29, slightly above the wedge trendline. This area should act as resistance, where I will look to sell short term.
I’ll execute this sell idea by using my TRFX indicator to look for sell signals as the price moves above 1.285 towards the high. My stop loss will be above 1.30, and the target will be down towards the bottom of the range at 1.25.
If this first part plays out and we see the move back down towards 1.25, which is the wedge bottom trend line, this will be a great area to get in for long-term buys. The target will be a break and close of the weekly wedge, first aiming for last year's high at 1.315. This will be another good short-term selling area, anticipating a move down to test the wedge breakout area. This could be a spot for buyers to test the 2021 highs above 1.40.
I’ve charted what I believe is the likely path for this pair over the coming months and year ahead. Let me know what you think in the comments.
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