gbpusd institutional tactics setup hello traders this is the trade i took according to my system
risk reward 1:4 if you like my content please follow, subscribe like and show some love
wish you good luck and good trading
Gbpusdsell
GBPUSD : Short Trade , 4hHello traders, we want to check the GBPUSD chart. The price is moving in a downward trend and if the price pulls back to the specified resistance level, we expect this level to maintain the downward trend and the price will fall to around 1.24200. Good luck.
GBPUSDDear Traders,
As DXY remain extremely bullish since a week now, price have dropped heavily, in fact more than any other dxy pairs; and there is strong reason behind for it, GBP was dropping due to only economic sides not favouring it. Now, DXY and GBP have started making few corrections in their respective trends. What we are looking at here is a strong possibility of selling big. Therefore, we can identify that area.
GBP/USD Gave Yesterday +50 Pips 0 Drawdown , New Entry Valid !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.
GBPUSD Short Term Sell IdeaH4 - Bearish trend pattern followed by a pullback
No opposite signs
Until the two strong resistance zones hold my short term view remains bearish here.
GBP/USD Show H&S Pattern , Short Setup Valid To Get 150 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 outlook: Pre-BOE decision time The British Pound has seen a partial retreat against the USD ahead of the Bank of England's interest rate announcement.
It's widely anticipated that rates will remain steady at 5.25%. Consequently, attention is likely to be directed towards the voting split among the nine-member Monetary Policy Committee and the accompanying commentary, as these factors could influence market sentiment. How this split lands could affect the present futures markets predictions that the first UK rate cut will come in September.
If the forecast is pushed back, we could see the 1.2500 psychological level provide support potential for the GBP/USD. The Relative Strength Index (RSI) has recently declined below the 50 level, highlighting a lack of bullish momentum, so we might like to see this pick up also.
Moreover, the GBP/USD has dipped below the 200-day moving average. This could be the first level of resistance to take note of that could impede any upward trend. After this, levels of resistance the GBP/USD pair could face include the 50-day moving average (DMA) close to 1.2600.
GBP/USD Sells down towards a long opportunityThis pair is currently in a bearish trend, but I anticipate a potential reversal near a major demand zone around 1.23000. While we wait for price to reach this level, I'll be monitoring for a minor retracement back to the recently formed 4-hour supply zone.
Once the retracement occurs, I'll be looking for selling opportunities in line with the prevailing trend until price reaches the 3hr demand level. Upon reaching this level, I'll anticipate a liquidity sweep of the Asian low and a possible Wyckoff accumulation phase, expecting price to then rise.
Confluences for GU Sells are as follows:
- Price has been very bearish recently and confirms this via continuous break of structures.
- Good 4hr supply that has recently been created which also caused a BOS.
- Theres an imbalance below that needs to get filled as well as lots of liquidity to be taken.
- The overall trend of the market on the higher time frame is bearish as well.
- DXY also looking bullish as well and it's aligning very well with GU's Zones.
P.S. This demand zone is particularly strong because it aligns with a strengthening dollar entering a robust supply zone. This could lead to a significant drop in the dollar and consequently a rise in GU. However, given the overall bearish trend of GU, selling positions remain valid.
Have a good trading week!
GBPUSD: Bearish Momentum Persists, Targeting Daily Sell StopsCurrently, GBPUSD demonstrates a persistent inclination towards the sell side, targeting the Daily sell stops . Having interacted with an m15 order block, a liquidity void has been filled. Now, a potential retest of the order block is underway, with price currently trading within a rejection block. This setup may serve as confirmation for further selling activity.
Alternatively, if this scenario fails to materialize, selling against the m15 Buy Stops becomes a viable strategy, awaiting confirmation for entry.
Kind Regards,
The_Architect
GBP USD chartGBP/USD declined toward 1.2450 in the American session and erased a large portion of its daily recovery gains. The USD continues to outperform its rivals following the better-than-forecast data and doesn't allow the pair to preserve its recovery momentum.
Bears have pushed the pair back to the bottom of the monthly descending channel, at 1.2440, which is being tested at the moment. Last Friday’s low is right below there, at 1.2430. A clear break of that support area clears the path towards 1.2370. Further down there is no support until 1.2220.
On the upside 1.2505 level should be cleared to advance towards 1.2565, where an unmitigated order block may provide a fresh boost for bears
GBP USD confirm signal
GBPUSD - Short Trade Forecast 💡Hello Traders!
The current market structure on the daily timeframe indicates a bearish trend, suggesting a potential for short positions. I anticipate the price will extend its retracement upwards to address the existing imbalance.
My strategy involves waiting for the price to reach and then rejecting the bearish order block, particularly around the institutional midpoint of 1.26500.
gbpusd long signalGBP/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.
GBP/USD extends losses and trades at fresh multi-month lows below 1.2450 even after the January month UK GDP was revised higher to 0.3%. The negative shift seen in risk mood fuels another leg higher in the USD and drags the pair lower.
GBP/USD stays in the lower half of the descending regression channel and the Relative Strength Index (RSI) indicator on the 4-hour chart holds slightly above 30, suggesting that the pair has some more room on the downside before turning technical oversold.
1.2500 (static level, psychological level) aligns as first support before 1.2450 (lower limit of the descending channel) and 1.2420 (static level from November). On the upside, first resistance is located at 1.2550 (mid-point of the descending channel) before 1.2590 (200-day Simple Moving Average).
The GBP didn't short itself. If one would have checked the recent flightlogs of the GBP performance he might have been astounded what he would discover:
GBP emerges from the first trading week of the year as the strongest currency and the signs look great for a further rally of the pound:
🟢GBP Positive:🟢
- 🟢 The PMIs in the UK have recently surprised on the upside and so there is light at the end of the tunnel, in contrast to the European counterpart, which has only surprised with more and more negative PMIs
- 🟢 Although wage pressure is falling, it remains high by international standards
- 🟢 There are signs of a recovery in both retail sales and GDP for 2024
- 📊🇬🇧 Inflation will fall quickly and reach 2% mark as early as Q2 2024🟢
- 🟢 That said given the better economic performance it is doubtful whether the BOE will actually cut interest rates as early as its sister from the ECB
-> 🟢 I think May would be a realistic scenario for a 1st rate cut by the BOE ✅️
But as every story that sounds to good to be true, the longterm outlook brings some serious concerns for the so far marvellous UK dream story:
🔴GBP Negative:🔴
- 🔴GDP was recently significantly weaker (-0.3) than expected (0.0)
- 🔴Industrial production also surprised negatively in relation to expectations at 0.4
- 🔴However, the significantly weaker labour data recently, in which bonus payments in particular surprised to the downside and raised one question in particular, weighs even more heavily and will bring much more rate cuts forward than the BOE and the market are expecting right now.
Conclusion:
The outlook for the pound is starting to brighten, but overall the negative factors are likely to outweigh against the USD in the longterm and so I see a promising opportunity to short the GBPUSD (after another rally) from way above.
The 1.32 - 1.33 zone would be ideal.
(For everyone who made it this far I have an extra for you:
A small quiz in the comments ;)
If someone wants to buy the GBP now, a long trade in GBPCHF is a good idea, which I explain in my following trade idea here:
Gbpusd shortGBP/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.
GBP/USD edged lower in the early American session but managed to hold above 1.2650. The negative shift seen in risk mood, as reflected by falling US stocks, makes it difficult for the pair to stretch higher.
The USD risk is skewed to the upside, as recent US data has endorsed a “no landing” scenario, that would be confirmed in case of another upside surprise on inflation. Recent hints on wage growth and industrial prices are pointing to resilient inflation.
The technical picture shows the Pound under an increasing momentum, although the failure to confirm above the 1.6680-1.6700 area leaves the broader bearish trend intact. On the downside, supports are 1.6575 and 1.6535.
GBPUSD - Looking To Sell Pullbacks In The Short TermH4 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
GBPUSD Trade Idea - Important Points To ConsiderIn the video, we analyse a potential trading opportunity for the GBPUSD. We delve into the prevailing trend, examine price movements, evaluate market structure, and pinpoint a potential entry point based on favourable conditions (if they arise), as outlined in the video. Additionally, I discuss my risk management strategy. Traders who lack a robust risk management plan expose themselves to significant risk and often encounter negative trading outcomes. It is crucial to incorporate sound risk management principles into your trading strategy. As always, please be aware that this information is strictly for educational purposes and should not be construed as financial advice.
GBPUSDPair : GBPUSD ( British Pound / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line
RSI - Divergence
Break of Structure
Fibonacci Level - 61.80%
GBPUSD Trade IdeaGBPUSD sell based on this 4H bearish trend and retrace. Not financial advice, use sound risk management.
GBPUSDGBP/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.
GBP/USD clings to marginal daily gains above 1.2550 in the second half of the day on Tuesday as the US Dollar fails to build on Monday's upside. Earlier in the day, the upward revision to the UK Manufacturing PMI supported Pound Sterling.
The 200-day Simple Moving Average (SMA) aligns as stiff resistance at 1.2590. In case GBP/USD fails to clear that level, technical sellers could remain interested. On the downside, static support seems to have formed at 1.2540 before 1.2520 (beginning point of the latest uptrend) and 1.2500 (psychological level).
GBPUSD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
GBPUSD Short Trading Opportunity
Entry:
Short position recommended upon retest of 1.25800 support-turned-resistance.
Stop Loss:
Place stop loss near 1.26200 to mitigate potential losses.
Take Profit Targets:
- TP-1 : 1.25390
- TP-2: 1.24980
Conclusion: Favorable short trading opportunity post-breakdown. Maintain disciplined risk management.
Disclaimer:
Trading forex carries high risk. Only invest what you can afford to lose. Past performance doesn't guarantee future results. Consult a financial advisor if unsure.
GBPUSD: Exploring Potential Sell OpportunityCurrently, GBPUSD has successfully navigated through an m15 Order Block , prompting my focus on a draw towards the H1 Discount Sell Stops. Given GBPUSD's bearish institutional order flow on higher timeframes, I anticipate key bearish price discovery arrays, like Order Blocks, to exert downward pressure on prices.
Furthermore, discount prices feature relatively equal lows acting as engineered liquidity, serving as a compelling draw for price movement.
I've entered a confirmation entry off the Order Block to capitalize on these dynamics.
Kind Regards,
The_Architect
GBP/USD SELL from 1.2632I'm SHORT cable from 1.2632 for the following reasons:
a). On H1 price has been rejected by the 100 EMA
b). THe 100 EMA coincides with the WPP mid pivot which has acted as stern resistance
c). RSI has been decling for several hours
d). MACD sees the fast MA crossed down over the slow
e). Pivot Point SuperTrend is reading SELL on 15M
f). Andean Oscillator sees the red SELL line crossed over both the green BUY line and the signal line.
g). Andean Oscillator sees the green BUY line flat.
h). On H1 the 25 and 50 EMA's are together and heading south.
All these signs taken together would suggest we are BEARISH for at least the next few hours in the absence of further news.
CBI Consumer Confidence missed at 14;00 but this is seldom a huge market mover and any USD BULLISH sentiment seems to be evaporatin>
Adding to this analysis is the fact that the EUR/USD is also BEARISH and this also looks a good time to SELL.
