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Gbpusdlongsetup

GBPUSD - Look for Continuation Long (SWING) 1:5!GBPUSD is displaying a gradual bullish momentum following a strong upward trend on the HTF. After breaking the HTF key resistance level, it corrected to the nearest Demand Zone. On the LTF, GBPUSD appears to be accumulating before resuming an upward trend toward the Supply Zone, where a reversal market structure may form, supported by the DVX. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Long
by S-Fx_
GBPUSD - Look for Reversal Long (INTRADAY) 1:4!A similar setup could be forming in GBPUSD, where we might catch a few pips on a buy once the price reaches the Demand Zone. Let's monitor how the market responds to this setup. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Long
by S-Fx_
GBPUSD - Look for Continuation Long (SWING) 1:4!The price has been consolidating for a while and has now broken out of the channel, continuing its bullish movement toward the next supply zone. However, there may be an opportunity to enter along the trend once it makes a correction before continuing its upward journey. Let’s wait patiently and only execute if we get a solid confirmation. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Long
by S-Fx_
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 - Look for Continuation Long (SWING) 1:3.5!GBPUSD is closely related to XAUUSD and the DXY basket of six pairs, providing excellent confluence and confirmation opportunities for trading pairs against USD. Currently, GBPUSD has created a new high and is correcting to the nearest RBS Zone, a demand zone, indicating a potential continuation of the bullish momentum in the higher timeframe. The price doesn't seem likely to yield to sellers soon, especially considering the FED's recent decision to freeze interest rates. This suggests a forecast of continued upward movement supported by strong bearish signals and a few high-impact USD news events this week. We'll need to observe how the market reacts to these sentiments and news impacts. Regardless, it's crucial to manage your risk wisely and wait for a clear market structure before making any moves. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Long
by S-Fx_
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
GBP/USD Longs from 1.24800 up towards 1.26600My analysis for GBPUSD this week is to uphold the bullish trend we've observed over the past week. With a newly established 1-hour demand zone and a nearby 5-hour demand zone, I anticipate price to decline from the current supply and head towards the demand zone. This move is expected to occur mid-week as price retraces and forms a Wyckoff accumulation within the demand zones. Presently, I maintain a bullish stance until price reaches the daily supply zone. Upon reaching this zone, I will seek significant selling opportunities as it represents a high-quality zone. Confluences for GU Buys are as follows: - Price has been bullish in the recent price action as you can see via the market structure. - Two demand zones in close proximity has caused a break of structure to the upside. - lots of liquidity in the form of Asia highs above to target as liquidity. - Unmitigated daily supply that price needs to go towards. - Dollar is also dropping so it makes sense with this bias. as they move opposite. P.S. If price breaks through the current supply, I anticipate it will target the liquidity above and possibly head straight for the supply zone above. Have a great trading week!
Long
by Hassan_fx
GBPUSD Longs from 1.24000 up towards 1.25500This week, my bias for GBPUSD is to pursue buying opportunities to address significant imbalances above and to target the recent supply zone. Given the proximity of price to my 10-hour demand zone, I anticipate a temporary bullish move toward the supply area. With price currently exhibiting slower movement, I'll wait for an accumulation phase to develop before entering buy positions. Once in buys, I aim to drive price up toward the 18-hour supply zone, where I'll consider selling positions to capitalize on the pronounced bearish trend. While the trend is strongly bearish at present, I expect a pullback to occur before initiating any actions in line with this strategy. Confluences for GU Buys are as follows: - Price left so many imbalances above that need to be filled. - In order for price to continue the bearish trend price must pullback up - Approaching a really nice 10hr demand that has caused a BOS to the upside. - DXY is also near a good supply zone so could expect the dollar to drop a bit this week. P.S. If price breaks below the 10-hour demand zone, which I anticipate holding, there is a robust daily demand level below that. However, if this scenario does not materialize, I will simply wait for a pullback to consider potential selling opportunities. Have a great trading week ahead guys!
Long
by Hassan_fx
GBPUSD: Exploring Potential Buy Opportunities (LDN Session)Currently, my focus is on observing the H1 Bullish Order Block, which notably incorporates an embedded m15 Bullish Order Block. This configuration appears robust, particularly due to the presence of inefficiencies such as the Liquidity Void and Fair Value Gap. Upon market movement, my anticipation is for price to gravitate towards the liquidity provided by the m15 buy stops. Ultimately, my strategic objective is aimed at reaching the m15 Bearish Inducement Order Block, which, notably, entails a liquidity void awaiting fulfillment. Wishing you a week filled with profitable opportunities, The_Architect
Long
by The_Archi-tect
GBPUSD Looking Descending Triangle🚨 GBP/USD Update OANDA:GBPUSD 🗓️ Date: 25 February, 2024 ⏰ Timeframe: Daily 💡 Given in the chart – ♦️ Blue color -(Descending Triangle ) = D1 ♦️ Red color -Resistance Level = 1.2714 ♦️ Green color -Support Level = 1.2528 The currency pair did not see any good movement in the last week i.e. February 18-24. This is mainly due to the lack of publication of any fundamental news in the last week. The movement of the currency pair for the whole week was only about 70 pips. Analyzing the chart on the Daily time frame, we have identified the presence of an essential Descending Triangle Chart Pattern. The range of this chart pattern is between 1.2528 and 2713. Although this chart pattern indicates a bearish movement, the price needs to break the support level part of the pattern to confirm it. That is, a price position below 1.2528 is mandatory. ✅ As long as the price stays within this range, you can accept Sell entries in the resistance part of the range and Buy entries in the support part according to the bounce trading strategy. Remember that the UK is in an overall economic recession. The economy of a country is directly reflected in the currency of that country. The advice would therefore be to be cautious in accepting entries in any GBP currency pair. 🚫 The currency pair does not currently have any positions to accept entries in Buy positions. If the price can stay above the resistance level of the range i.e. 1.2713, then you can only think of a Buy position. Until then Sell entry is the most profitable. If you like the analysis then please follow and boost the post. Thank you Admin@Green Forex Trading
Short
by GreenFxTrading
GBPUSD Outlook 05 Feb 2024 Asia Session PEPPERSTONE:GBPUSD GU price is massive down due to DXY Bullish new last Friday. Now GU is consolidation 1.26112 to 1.26450 Level. That is very good sign to again gain momentum in next week. Based on my Analysis BS: 1.26451 Level After Retest SL: 1.26113 TP: 1.26728 TP2:1.27019 Disclaimer: Please be aware that this information is not provided as financial advice. It is crucial to conduct your research and due diligence before making any trading decisions. Financial markets can be highly volatile and involve risks, and the information provided here is for informational purposes only.
by ChartsInsights
GBP/USD Longs from 1.25400 back up to 1.27400This week, I'm watching GU closely for a potential uptrend starting from the 11-hour demand zone below. If price reacts as expected, it could fill the gaps left after Friday's NFP. Another possibility is an upward move from the current 3-hour demand area towards a newly identified 10-hour supply zone. While navigating this situation, I exercise caution, especially concerning the 10hr supply zone, despite the presence of relative equal highs. Prior to considering any sell positions, I ensure that additional confirming factors align with my analysis. Nonetheless, my bias leans towards seeking buy opportunities, considering the temporary bullish sentiment prevailing in the market. Confluences for GU Buys are as follows: - Price is near a clean 11-hour demand zone that has broken structure to the upside. - Liquidity above zone so when it gets swept we can expect price to re-accumulate within our zone to then buy back up. - GU has been temporarily bullish as well so it's a pro-trend idea. - There's lots of liquidity to the upside that needs to be addressed as well as some imbalances. - Dollar (DXY) is still looking bearish as well which means more upside is still left for GU. P.S. Examining the higher time frames, we're currently in a consolidation phase with significant liquidity above and below our nearest Points of Interest (POIs). However, for now, I'll stay flexible and adhere to my trading strategy. If price enters any of the zones I've identified, I'll execute my plan accordingly. HOPE YOU TRADERS END THIS WEEK IN BLUES!
Long
by Hassan_fx
2