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Gbpusdbuy

GBPUSD moving higher to test 1.3500 level**Monthly Chart** GBPUSD monthly candle closed bullish for August. The next price target is around 1.3500 level (previous monthly IPA +Monthly High). * *Weekly Chart** GBPUSD moved aggressively higher after it formed a weekly key reversal in the previous week (9th Sept 2024). The bounce was from the weekly IPA of 19 Aug 2024 which made it a strong move higher. The expectation for this week is that the upward movement is to be sustained and at least test 1.35000 level of the monthly IPA + Liquidity pool of Feb 2022. **Daily Chart** GBPUSD is expected to continue moving upward. We will be looking for any good setup for long opportunity. Next target at 1.35000 level. Better setup can be found in lower time frames such as 4H and One hour charts.
Long
by PropSignals
GBP/USD long possibilities from 1.31000 back upMy analysis for GBP/USD (GU) looks promising for both buy and sell opportunities. With the recent shift in market character to the downside and a break of structure, we may see the price entering a downtrend. However, there are key zones lined up that could support either scenario. Currently, the price is approaching a significant demand level at a psychological point, which may influence the market direction. I'm planning to watch for a slowdown and accumulation in my zone around mid-week, aiming to buy from the 18-hour demand zone. Once the price enters this zone, I'll monitor the lower time frame for a character change to the upside for a precise entry. Confluences for GU buy opportunities include: - The higher time frame has been bullish, with a break of structure to the upside. - A clear 18-hour demand zone has been established, which also caused a break of structure to the upside. - There's substantial liquidity to the upside, including untouched Asian session highs. - This aligns with the higher time frame trend, making it a pro-trend trade setup. P.S. If the price retraces upwards, there is a 5-hour supply zone that previously broke structure to the downside, which could provide a good opportunity to continue the short-term bearish trend.
Long
by Hassan_fx
GBPUSD Technical Analysis and Trade Idea👀 👉 The GBPUSD pair is currently displaying indications of price extension, approaching a significant resistance area. This technical configuration suggests a potential corrective move. Our trading approach involves identifying opportunities for long positions, contingent upon a retracement to key Fibonacci levels, specifically within the 50% to 61.8% range. It is essential to consider this analysis within the broader macroeconomic context. The recent monetary policy shift by the Bank of Japan, characterised by an interest rate increase, has introduced considerable volatility across global financial markets. Traders should anticipate and factor in the possibility of sustained elevated market volatility, which may significantly influence price dynamics and risk management strategies. The convergence of these technical and fundamental factors presents an intriguing trading scenario. However, it is imperative to emphasize the importance of robust risk management practices. Market participants are strongly advised to conduct comprehensive independent research and evaluate their personal risk appetite before initiating any trading positions. Please note: This analysis is intended solely for educational and informational purposes. It should not be construed as financial advice or an explicit recommendation to execute any particular trade. 📊 ✅
Long
by fxtraderanthony
2
GBPUSD: A Swing Buy Opportunity! DXY will be plummeted soon.FX:GBPUSD GBPUSD is far over from swing selling yet, our previous idea closed on breakeven, we now expect price to grow and grow big in soon time. However, we do not expect price to rise in days but in weeks or months we can see price to growing to newest higher high of the year. We ask all of you to maintain utmost risk management. **If you like our work then please like, comment the idea and follow us which will encourage us to bring you more content** Team SetupsFX_
Long
by Setupsfx_
16
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. **If you like our work then please like and comment, and follow for more and it will also encourage us to bring you more content** Team Setupsfx_
Long
by Setupsfx_
6
#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. **Like, comment and follow us if you like our ideas, this will support us to bring you more ideas like this** Team SetupsFX_
Long
by Setupsfx_
6
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. If this post was helpful to you, please like it and share it with your friends. THANKS.
Long
by aminrzb
3
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!
Long
by Setupsfx_
7
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.
Long
by Hassan_fx
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
Long
by Hassan_fx
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.
Long
by For3xScalper
3
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. 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
1