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Gbpusdbuy

GBP/USD Longs from 1.27000 back up towards 1.28000I anticipate price heading towards the demand area first. So, early in the week, there might be a potential buying opportunity around the 1.27000 region, where the 9-hour demand is located. However, I'll exercise caution due to the presence of an Asian low, ensuring I don't enter too early. Ideally, I'd prefer to see the Asian low swept and the 3-hour demand mitigated, which sits just below. As price approaches the buy zone, the validity of buys becomes more apparent. However, if we witness a strong bullish reaction, we might see the imbalance below the 7-hour supply zone filled. In such a scenario, I'll then be on the lookout for short positions, considering that price has displayed a clear shift to the downside. Confluences for GU Buys are as follows: - Recent trend was bullish this downward movement could be just a retracement. - Nice demand zones left that has caused a recent break of structure to the upside. - Lots of liquidity to the upside as well as an imbalance that needs to get filled in. - DXY also approaching a near buy supply so the idea makes sense if the dollar goes down. P.S. Despite the shift in price direction to the downside, I'll focus on what's near the current price. Currently, the 9-hour demand zone is nearby, so I'll be considering buying opportunities to move back up. Have a great trading week guys and watch out for FOMC Wednesday!
Long
by Hassan_fx
1
GBPUSD H1 / Potential Bullish Retracement💡Hello Traders! This is my forecast for GBPUSD H1. I expect the price to close the FVG and to retrace from the resistance level. In case of confirmation, I will execute a long trade. 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
Long
by GoodTradeST
GBP USD buy long Target GBP/USD came under modest bearish pressure and declined below 1.2750 in the American session. The US Dollar benefits from the risk-averse market atmosphere, as reflected by the bearish action seen in Wall Street, and weighs on the pair heading into the weekend. 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. Confirm signal
Long
by JohnHarry_7
GBP USD buy confirm signal 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. Confirm signal GBP USD buy
Short
by JohnHarry_7
GBP USD buy confirm signal GBP/USD continues to fluctuate in a narrow band near 1.2800 in the American session on Wednesday. Earlier in the day, the data from the UK showed that the real GDP expanded by 0.2% on a monthly basis in January as expected but failed to trigger a reaction in the pair. The Relative Strength Index (RSI) indicator on the 4-hour chart stays near 50, reflecting a lack of directional momentum. In case the pair stabilizes above 1.2800, where the mid-point of the ascending regression channel meets the Fibonacci 23.6% retracement of the latest uptrend, it could target 1.2850 (static level) and 1.2880 (upper limit of the ascending channel, end-point of the uptrend) next. Confirm Chart GBPUSD
Short
by JohnHarry_7
GBPUSD the Bullish Wave continues ? (150pips+ trade idea)hello guys , as you can see gbpusd just started a major bullish wave last week . the price first was consolidating (accumulation) , formed a double bottom reversal pattern on a support level (manipulation) then continued with an expantion (distribution). a classic AMD / PO3 pattern. am waiting for the price to retrace towards the poi where there is an overlap of a breaker caused by last cpi a bullish orderblock and the fibbonacci golden zone .
Long
by xAB777
gbpusd up GBP/USD declines toward 1.2650 as mood sours GBP/USD turned south and declined toward 1.2650 after spending the European session in a tight range near 1.2700. The negative shift seen in risk mood makes it difficult for the pair to hold its ground Trend momentum is mildly bullish on the intraday and daily DMI studies, suggesting the GBP/USD pair should remain supported on minor dips. But Cable gains have struggled to extend through 1.2700/1.2710 in the past few sessions. A push firmly above 1.2710 targets a move on to 1.2750/1.2775. as marGBP/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.kets assess the latest US data releases.
Short
by Mark804
Gbpusd Buy Area TodayGBP/USD holds above 1.2660-1.2650, where the 200-period Simple Moving Average (SMA) on the 4-hour chart and the Fibonacci 23.6% retracement level of the long-term uptrend align. In the meantime, the Relative Strength Index (RSI) rises toward 60, reflecting a buildup of bullish momentum. On the upside, 1.2700 (psychological level, static level) could be seen as next hurdle before 1.2760 (static level) and 1.2800 (psychological level, static level). If GBP/USD returns below 1.2660-1.2650 area and starts using it as resistance, additional losses toward 1.2620 (100-period SMA, 50-period SMA) and 1.2600 (psychological level) could be seen.
Short
by Mark804
GBP/USD Longs from 1.26200 or 1.26000 back up This week, my bias for GU is aimed at observing a return to a demand level to sustain a short-term bullish trend. With the recent upside break in price structure, a fresh demand level has emerged, potentially signalling a bullish upturn. I'll be monitoring for a Wyckoff accumulation within my point of interest (POI) before considering buy positions. These buys aim to reach the supply zone for potential selling in alignment with the overall trend. However, considering the bullish outlook of the dollar, my bias still leans towards bearishness, viewing these buying opportunities as temporary. Confluences for GU Buys are as follows: - Price broke structure to the upside and left a clean 2hr demand zone. - Still some imbalance that still hasn't been filled as well as a 20hr supply that needs mitigating. - Market also broke major structure to the upside could indicate a bullish trend. - there's some liquidity above the recent high that needs to be taken as well. P.S. Given the abundance of liquidity surrounding my specified demand zones, I'll proceed cautiously, mindful of the potential for some zones to falter due to the presence of trendline liquidity. This scenario is expected to fill the imbalance completely and possibly reach the 20-hour supply zone I've marked for potential selling. Have a great trading week people!
Long
by Hassan_fx
2
GBP USD Buy GBP/USD reversed its direction and declined below 1.2650 after rising above 1.2700 earlier in the day. Renewed US Dollar strength on the back of better-than-forecast Jobless Claims and upbeat PMI data makes it difficult for the pair to keep its footing. 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. Confirm Chart GBPUSD
Short
by JohnHarry_7
4
GMPUSD H1 / Bullish Continuation / Targeting the PWH ✅ Hello Traders! This is my forecast related to GBPUSD H1. I see a bullish market at the moment, that's why I expect that PWH will be taken. Until now, we can see only HH and HL, meaning that we are in a bullish market. It's a good opportunity to look for long entries, as the bias according to this scenario is bullish. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
by GoodTradeST
Gbpusd buy analysis Read the caption The Pound Sterling drops during the North American session by 0.20% following a positive UK inflation report that showed prices are slowing down. At the time of writing, the GBP/USD trades at 1.2565 and tests the important 200-day moving average (DMA) after hitting a high of 1.2611. GBP/USD tests key 200-DMA support level sponsored by investors trimming odds for Fed rate cuts The US economic docket featured Federal Reserve speeches by the Chicago Fed President Austan Goolsbee and Governor Christopher Waller. Goolsbee said that inflation is coming down and added that current policy is restrictive. He said that rate cuts should be tied to confidence that inflation is on the Fed’s path. Gbpusd buy now 1.25452 Confirm Target 1.26504
Short
by Fx_Jack17