GBPUSD Technical Analysis and Trade Idea👀 👉 The GBPUSD has been experiencing downward pressure lately, which may offer a potential short-term day trading opportunity. In this video, we'll take a detailed look at the price action, review the current trend and market structure, and explore a possible trade setup. Disclaimer: Forex trading involves substantial risk, and market conditions can shift quickly. The content provided is for educational purposes only and should not be considered financial advice. 📉✅
Gbpusdsetup
GBP/USD "CABLE" Bank Money Heist Plan on Bearish SideHallo My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist GBP/USD "CABLE" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss 🛑: Recent Swing High using 2h timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂b
GBPUSD | Perspective for the new week | Follow-upThe GBP/USD hit its highest level against the US dollar in over two and a half years, and traders are closely watching for what's next. In this video, we break down the fundamental and technical factors driving the pair’s performance. With the Bank of England expected to move more slowly than the Federal Reserve on rate cuts, the pound is gaining an edge, though momentum has stalled at the $1.34350 resistance zone. Meanwhile, US inflation data shows signs of slowing, but this hasn't solidified expectations for a big rate cut from the Fed in November.
In this video, I walk you through the key technical structure that could guide trading decisions for the week ahead.
GBPUSD Technical Analysis:
Will buyers maintain momentum above $1.33700 next week? Watch this video for key trades this week. Join the discussion for updates on GBP/USD trading. Stay tuned for more content. Happy trading!
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
GBP USD Trade Setup Daily timeframe GBP USD is moving in an uptrend making higher highs and higher lows,
With this bullish momentum we will be looking for buying opportunities from the lower timeframes.
To get our entry lets scale to the lower timeframe to identify chart patterns and entry confirmations.
GBP/USD Set for a Significant Break: Eyes on 1.3500 and BeyondAfter correcting from 1.3267 and testing the technical and psychological level at 1.3000, GBP/USD has started to rise again in a steady and stable manner. The pair encountered resistance just above 1.3400 and has dropped twice from that level.
However, each time, it formed a higher low and quickly reversed back toward the resistance. This pattern suggests an imminent breakout, which I expect to happen either today or by Monday.
If the breakout occurs, the next target could be the psychological level at 1.3500, followed by the technical resistance around 1.3650.
GBPUSD Technical Analysis and Trade Idea👀 👉 GBPUSD has been bullish recently; however, the price appears overextended and is trading near a resistance level. If today’s USD data release supports a weaker USD, there could be an opportunity to buy GBPUSD.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results. Please conduct your own research or consult with a professional before making any trading decisions. 📊✅
GBPUSD moving higher to test 1.3500 level**Monthly Chart**
GBPUSD monthly candle closed bullish for August. The next price target is around 1.3500 level (previous monthly IPA +Monthly High).
* *Weekly Chart**
GBPUSD moved aggressively higher after it formed a weekly key reversal in the previous week (9th Sept 2024). The bounce was from the weekly IPA of 19 Aug 2024 which made it a strong move higher.
The expectation for this week is that the upward movement is to be sustained and at least test 1.35000 level of the monthly IPA + Liquidity pool of Feb 2022.
**Daily Chart**
GBPUSD is expected to continue moving upward. We will be looking for any good setup for long opportunity. Next target at 1.35000 level. Better setup can be found in lower time frames such as 4H and One hour charts.
gbpusd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
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!
Bearish Reversal in GBP/USD After NFP Data: Key Levels to WatchIn my August 8 analysis, I highlighted the Morning Star pattern, which retested the previous resistance of the broken triangle, signaling a potential reversal to the upside with a target above 1.31 for the next leg up.
As anticipated, the price did reverse, and not only was the target reached, but it was also surpassed.
However, after breaking above the horizontal resistance level, which marked a yearly high for GBP/USD, the pair reversed.
Despite bulls' efforts to regain control, the NFP data provided clarity with a strong bearish engulfing pattern on the daily chart.
At the time of writing, the price is sitting right on the former resistance level, which now serves as support.
A break below this level could lead to further downside movement toward the psychological 1.30 level, and potentially even the 1.2850 technical support zone.
I believe this scenario will play out for "cable," and I'm looking to sell into rallies.
However, this outlook would be invalidated if a new high is achieved.
GBPUSD DONT TRY TO CAUGHT DROPPING KNIFE !!HELLO TRADERS
I am looking at GBPUSD since weeks of a bullish trend it had now created a double top and rejecting from this drawn resistance zone as we can see the Recent NFP out and unemployment is dropping in US and increasing in UK we can see DXY is holding a strong support after this data September is full of Volatility so make a proper search before entering any trade
Traders have look on fib retracement we have a great opportunity with a lower risk and higher rewards Stay tuned for more updates.
we love Ur support to the idea it helps many of us ....
Unmitigated ORDER BLOCK + Liquidity Below begging to be grabbedHello everyone, hope we are all doing very well !.
This is a clean structure from price and this is a setup i will be willing to take if i see proper reactions at the order block.
Straightforward trade nonetheless, please use proper risk and money management and do try and do your analysis, i will be glad if my analysis serves as a confluence for you as well !.
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.
EURUSD and 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 Technical Analysis and Trade Idea👀 👉 The GBPUSD pair is currently displaying indications of price extension, approaching a significant resistance area. This technical configuration suggests a potential corrective move. Our trading approach involves identifying opportunities for long positions, contingent upon a retracement to key Fibonacci levels, specifically within the 50% to 61.8% range.
It is essential to consider this analysis within the broader macroeconomic context. The recent monetary policy shift by the Bank of Japan, characterised by an interest rate increase, has introduced considerable volatility across global financial markets. Traders should anticipate and factor in the possibility of sustained elevated market volatility, which may significantly influence price dynamics and risk management strategies.
The convergence of these technical and fundamental factors presents an intriguing trading scenario. However, it is imperative to emphasize the importance of robust risk management practices. Market participants are strongly advised to conduct comprehensive independent research and evaluate their personal risk appetite before initiating any trading positions.
Please note: This analysis is intended solely for educational and informational purposes. It should not be construed as financial advice or an explicit recommendation to execute any particular trade. 📊 ✅
GBP/USD Shorts from 1.32600 for retracement My expected analysis for the week is that price will slow down at market open and potentially sell off from the 16-hour supply zone. Once price enters this zone, I will wait for an Asia high sweep and look for distribution on the lower time frames.
If price breaks through this supply zone, there is an 18-hour supply zone where price might react. However, since this is a counter-trend trade idea, I expect price to retrace from this bias, allowing me to eventually buy from either the 4-hour supply zone or the 18-hour supply zone.
Confluences for GU Sells are as follows:
- Price has been very bullish, so a retracement is needed to sustain the upward movement.
- The recent price action has been very parabolic, leading to unhealthy price behavior.
- There are imbalances and liquidity below that need to be filled.
- The 16-hour supply zone presents a potential opportunity for short trades.
P.S. If price doesn't tap into the supply zone, I'll wait for it to come down to a demand zone before looking for buys to rejoin the trend.
Have a great trading week, guys!
GBPUSD "Cable" Bank Robbery Plan to make and take moneyMy Dear Robbers / Traders,
This is our master plan to Heist GBPUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
GBPUSD moving higher towards 1.3000 level**Monthly Chart**
Last month closed as a bearish candle after making a new low, just to move back into a consolidation range that was formed at the beginning of this year. This month's candle (which is still active) opened within the range and started moving higher. We will see a clear direction after the close of the monthly candle by the end of this week. However, the short-term bias is still bullish after testing the historical low of 1985 in September 2022.
**Weekly Chart**
last week candle closed higher as a continuation of the bullish move from the previous week. From the weekly chart, the price is heading towards testing the weekly MC around 1.3000 and then 1.3200 level.
**Daily Chart**
GBPUSD needs a short retracement (corrective move) before resuming the bullish trend. More cleared pictures can be seen in lower time frames.