Ready to sell the GBP/USD? Check out our latest technical analysgbpusd high time frame trend is bearish.we expect we sell from supply zone Sell GBP/USD on Bearish Technical Analysis
Gbpusdsetup
GBPUSD is preparing for another drop!!GBPUSD 4H has grabbed liquidity from 4h20EMA after a spike to the upside, and at the same time, has broken the daily high and rejected. As long-term price action is bearish, it is highly likely that the price will respect the daily high and 20EMA and finally, the price will break down to continue its downtrend.
A sell setup from the area of value shown on the chart is high probability :)
GBPUSD 27/09/2022Price formed a recent resistance at 1.0873 & support at 1.0737 while also moving by creating higher lows into the resistance by following a shorter TF uptrendline. so if price makes a break & close above the resistance with these higher lows, then it could move all the way up to the next resistance at 1.1201.
However a breakout of the recent support at 1.0737 might lead the price to go down towards the next support at 1.0563 again creating a ranging phase.
GBPUSD trading idea 27/9/2022 Trend is bearishgbp trend is bearish but look like a short term reversal here if this week gbpusd closed above 1.08200 then my views is buy on gbpusd
GBPUSD, Already Facing RECESSION..?Hi traders, Lets take a look at Sterling.
Fundamental View:
Sterling seems like breaking LL due to the
uprise in DXY after breaking 20 years resistance.
But here Sterling acted as an catalyst and moved
way more than expected. It's because of:
1) DXY strengthened by breaking 109 levels.
2) British finance minister Kwasi Kwarteng earlier
in the day laid out a plan of historic tax cuts paid
for by huge increases in borrowing, which sent British
government bonds into freefall and the pound sharply lower.
3) British bond yields were set for their biggest daily rises in decades.
4) Fear of Recession.
Technical View:
GBPUSD looking for 1985 final support as there
isn't any footing nearby. We can expect a pullback
for a another fall.
GBPUSD can be seen respecting Falling Wedge pattern
on Monthly TF. Still Lower TL pointing towards
1.05 zone which is still 300 pips away. This last
week of September might be fruitful so
Wait for the proper entry or check news calendar.
"Miracles are meant to happen."
Feel free to like and share your opinions as well.:)
Gbpusd Continuedownsidegbpusd trend is bearish we need to retest supply zone .are you ready for droping continue .if break supply +trend line then we think bullish otherwise downside
GBPUSD FOMC OutlookPound continue falls and price try to enter RBS area at monthly timeframe.This RBS area existed since 1985. Upcoming FOMC today will determine where USD will go. I marked 2 zone where it got potential to buy. Whoever wanna take risk feel free to buy when price entering the zone.
Watching zone: 1.12305
Extended zone: 1.05539
GBPUSD possible sell zone on FOMC!!GBPUSD (4h) Has broken out of local support on the lower timeframe. As FOMC is coming, the price may pick up to the previous support turning resistance and we could see rejection as the long-term trend is bearish and the daily timeframe has printed a bearish engulfer.
On the retest of previous support as resistance and, upon rejection, a sell trade is high probable.
GBPUSD is in possible sell zone, UPDATEGBPUSD 4H has created bearish price action with a strong breakdown from daily head & shoulder. Price currently testing the neckline of daily head & shoulder and creating series of lower highs below this resistance level. It is highly likely that the price will continue to drop as the long-term trend is bearish.
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GBPUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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GBPUSD Prediction H1Here is my view for GBPUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPUSD R:R 1:12This is for short term
waiting for news
Before entring the trade do your own research!
GBPUSD H1Hi traders, GBPUSD is setting up for a upside move watch a sharp breakout and look for long only if breakout GOOD LUCK.
GBPUSD Weekly PredictionHere is my view for GBPUSD on W1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPUSD Gonna Another HighGBPUSD will reclaim next higher liquidity targets, Perhaps 1.181xx. Technically GU created Bullish butterfly pattern in last week, It gonna fly as technical aspect.
Regular Target Profit: 1.181xxx
DISCLAIMER
Remember, there is no place for luck in trading - only strategy!
This analysis can change at anytime without any update and it is only for the purpose of assisting traders to make independent investments decisions. We are the only one person who is responsible for our physical, mental health, relationships, success, and money in our lives. So taking a trading or investment risk on the markets based on this idea. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices, or other information discussed in this idea.
Here i anticipated by price action, please do not consider investment advice, Because i'm not your official financial advisor. The author of this analysis does not accept liability for any loss or damage.
GBPUSD Sell OportunityGBPUSD has been in a down trend for months.
Creating LH and LL on the daily time frame.
Trendline and EMA as resistance with round 1.18000
*Word of caution: GU has created a double bottom on the weekly TF, however, I am still bearish until we break daily market structure.
GBPUSD View H1Here is my view for GBPUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GbpUsd- Where to sell?Last week I draw attention to the strong 1.14 support for GbpUsd and the possibility of reversal.
Also, in these previous posts, I said that a small inverted H&S can be in place, and 1.16 is confluence resistance given by the neckline and the falling descending trend line.
As expected, the pair broke above this zone and accelerated its gains to a recent top of around 1.17 so far.
However, in my opinion, this is just a correction and GbpUsd should resume its downtrend soon.
1.1750-1.18 is strong resistance and in this zone, I will look for trading opportunities.
Note: If you choose to trade this pair keep in mind its extreme volatility and the bad habit of spiking through support and resistance levels
GbpUsd can rise to 1.1750. Confirmation is needed thoughAfter finding support in pandemic low, GbpUsd has reversed and this reversal combined with the last 24h price action is drawing a potential inverted H&S on our charts.
1.16 is confluence resistance at this moment given by the falling trend line and the neckline of the pattern and a break above would expose important 1.1750 zone resistance.
I'm bullish as long as yesterday's low is intact.
Yesterday's GbpUsd analysis:
GBPUSD Analysis | ICT ConceptsHey traders, here is the analysis for the GBPUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
