GBPUSD 16June2023D1 GBPUSD analysis shows price chasing the 0.786 fibo extension area. the area is also a price target exposed to imbalance.
Gbpusdidea
GBPUSD Analysis H4Here is my analysis for GBPUSD on H4 by using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBP/USD potential sell set-up: +310 Pips Dear traders, after the FOMC event yesterday, GBP/USD pulled back from
the highs. If we look at the daily chart, GBP/USD has not managed to break
the resistance level so far.
So, we can continue to look at the price action for a couple of days. In case
price doesn't break the resistance level and we see the formation of bearish
candlesticks in the resistance level, selling GBP/USD@1.2680-1/27 with
SL above resistance and TP at 1.2350 would be a potential sell set-up .
GBP/USD Analysis : Sell after FOMC?Dear traders, as I mentioned in my previous idea GBP/USD is slowly
moving towards the 1.2680 resistance level.
So, it would be better to wait and watch the price action at this level before
executing any trades. Also, keep in mind that we have the FOMC event
later in the day which could lead to a lot of volatility in GBPUSD pair.
In case we can see the formation of bearish price action at the resistance
level, selling GBP/USD@1.2680 with SL above resistance and TP at 1.2350
is a potential sell plan . Keep in mind this set-up is speculative and it will
depend on price action whether this trade is executed or not .
GBPUSD SHORT TRADE IDEAAggressive traders can short now, the rest wait for a shift in price then short it.
GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Potential Short Trade Opportunity in GBP/USD - Targeting DownBased on analysis, an intriguing opportunity has surfaced for a potential short trade in the GBP/USD currency pair. The suggested entry level for sellers is at 1.26100. 📉💰
To maximize profit potential, three take-profit levels have been identified:
🎯 Take Profit 1 (TP¹): 1.25800
🎯 Take Profit 2 (TP²): 1.25500
🎯 Take Profit 3 (TP³): 1.25200
These targets aim to capture the expected downward momentum in the market. 🎯💥
To manage risk, it is crucial to set a stop-loss (SL) level at 1.26700. This will help safeguard against potential adverse price movements. 🛡️⚠️
It is important to note that market dynamics can change unexpectedly, so it is vital to stay alert and adapt your trading strategy accordingly. Use your own discretion and adjust the stop-loss and take-profit levels based on your risk tolerance and trading plan. ⚙️💪
Successful trading requires careful analysis, effective risk management, and disciplined execution. Wishing you the best of luck and successful trades! 📊💼✨
#TradingView #GBPUSD #ShortTradeOpportunity #TakeProfitTargets #TechnicalAnalysis #MarketAnalysis #RiskManagement #TradingStrategy #ForexTrading
GBPUSD 13June2023if you look at the existing curves, there is indeed a possibility for prices to continue to bullish to the SnD area, my analysis still hasn't changed. I still see this pair in a correction period. the upper limit is the invalid area, as long as the price does not rise more than the invalid area, it is better to look for opportunities to short.
Best level to sell GBP/USD + 220 Pips potentialDear traders, despite yesterday's 100 pips fall which gave us a good profit
of 87 Pips on our sell trades, GBP/USD has managed to recover.
If you are planning on selling GBP/USD, I would recommend you to wait for a better
entry. Keep in mind that a perfect entry is crucial to ensure your trading strategy
is profitable.
So, if GBP/USD reaches 1.2675 level and bearish price action forms, traders can
consider selling GBP/USD@1.2675 with SL above resistance and TP at 1.25
GBPUSD and GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
BluetonaFX - GBPUSD Triangle FormationHi Traders!
There is a symmetrical triangle formation here on the GBPUSD 1D chart, and we are awaiting a breakout on either side.
There is strong resistance at the 1.26800 level; there must be a break and close above this level for a possible continuation to 1.27000.
To the downside, we have strong support at the 1.22746 level, and we must break below this level for a possible continuation down to 1.22000.
This trading week will be very busy with all of the upcoming fundamental announcements, and there are bound to be big market moves, so make sure you trade safely and responsibly.
Please do not forget to support us by liking, following, and commenting on our posts; this helps us greatly.
Thank you for your support.
BluetonaFX
GBPUSD 12June2023the price responded well to the SnD area and now it is back to bearish, we need to wait for some confirmation to confirm if wave b is complete. the short term target is to the trendline area and if the price continues to drop then we can prepare to short when there is a retrace.
GBP USD BUYWait for price to reach the killer zone and look for that price moment in smaller timeframe or just a large wick candle formed in 1hr and take trase
GBPUSD 1:4 TradeGBPUSD 1:4 Beast Trade
1) Uptrend
2) Breaking Their Resistance
3) Good Fundamentals of GBP because of Positive GDP growth Rate
4) USD can be weak this weak because of CPI coming on Tuesday
5) 200EMI is below the Price
Best and Simple trade
#GBPUSD-700+ SELLING SETUP❤️TRADERS, we still believe GBPUSD price will come to this region before it start dropping heavily, let's not miss out on this great opportunity. Price dropped recently due to bullishness of the DXY though next week NFP is our target. Which will help a lot.
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Thanks all, as always ❤️
GBPUSD 8June2023for the medium term, it could be until next week, I think this pair will be bullish until the SnD area above. in my opinion the current position occurs FTR, FTR (failed to return) is a condition where prices do not respond to the SnD area. usually if this happens, there is a fairly high price jump when bullish.
GBPUSD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD Strong correction before the declineHi, According to GBPUSD Market Analysis. There is a high probability of further decline. With the pair retreating from a very strong resistance at the level of 1.25500, and a strong correction of the golden ratio of 0.61%. We also notice a downward channel. The price has broken the upward trend. in green, as shown in the analysis. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
BluetonaFX - GBPUSD HEAD & SHOULDERS IDEAHi Traders!
We have a Head & Shoulders trade setup here on GBPUSD 1D chart.
The market looks to be approaching the neckline and we are now looking for a break and close to the neckline with momentum to target lower levels.
If we get a break and close of the neckline, we have the profit target level at 1.21761 and if you want to hold on for a larger risk reward trade, our second target level is at 1.20156.
The ideal entry point is to either wait for a break and close to the neckline or to wait for a break with a retest of the neckline.
On the other side of the trade, if we fail to break and close below the trendline, we will most likely stay in the range as there is a current lack of bullish momentum.
We will keep a close eye on this and will update you if we get any further action on this setup.
Please make sure you give us a like, follow and comment.
Thank you for your support.
BluetonaFX
GBPUSD Sell TF H4. TP = 1.2259On the 4-hour chart the trend started on May 11 (linear regression channel).
There is a high probability of profit. A possible take profit level is 1.2259
But do not forget about SL = 1.2551
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Good luck!
Regards, WeBelieveInTrading
GBP/USD - Trade SetupStructure: Solid power move to the Resistance zone aligned with the 200 MA Strateg
Trade: Short - A bounce back expected from this level
Risk/Reward: 1:1
Disclaimer: DYOR!
GBPUSDNFP in one hour expecting this move on GBPUSD , let's wait and see how it works out.
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Next week - High setup probabilities on GBPUSD FX:GBPUSD
Hello, I'm continuing my analysis of a GBPUSD high-probability setup,
For the buy zone, we have R/R = 4
For the sell zone, we have R/R = 8
Trade at your own risk
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