GBPUSD TREND LINE TRADE SETUP Hello traders ,
This my idea. GBPUSD. I am waiting for market on the trend line .
once trend line Sell candle confirm then i go for Short.
If you need more my ideas follow me.
Gbpusdsetup
GBPUSDEthereum analysis
daily and 4H time frame
The pound could correct up to the daily demand zone and move to higher targets from there.
GBPUSD: Institutional Bearish Order Flow AnalysisGreetings Traders!
Current Market Analysis:
At present, GBPUSD is reacting to a strong institutional resistance point aligned with an M15 bearish order block. The strength of this order block is due to the inefficiency (liquidity void) preceding it. Additionally, this order block is in conjunction with an H4 breaker block, a significant institutional resistance level where smart money typically initiates new selling positions.
Key Observations:
Institutional Resistance: The M15 bearish order block, strengthened by the preceding liquidity void, has led to a downward price movement and a market structure shift. This shift indicates that the institutional order flow is now bearish.
Price Action: Following the market structure shift, the price has respected the breaker block, suggesting further selling pressure and a continuation of the bearish order flow.
Bearish Order Blocks as Resistance: Given the bearish order flow, we expect bearish order blocks to serve as effective resistance levels, guiding the price towards the downside.
Trading Strategy:
Premium and Discount Levels: We are currently operating within premium prices, making it logical to target discount arrays for profit booking. The focus is on selling at premium levels and aiming for discounted prices where we can realize profits.
Target: The primary target in the discount price range is the discount bullish order block, which also features an inefficiency (liquidity void). This presents a suitable draw on liquidity and an ideal profit-taking level.
Conclusion:
By understanding the current institutional order flow and leveraging key resistance and support levels, we can effectively anticipate and execute bearish trades on GBPUSD. The confluence of the M15 bearish order block, H4 breaker block, and liquidity voids strengthens our bearish outlook and guides our trading strategy towards targeting discounted arrays.
Happy Trading,
The_Architect
GBPUSD: Bearish Intraday Trade OpportunityGreetings Traders!
Current Market Analysis:
At the moment, GBPUSD is exhibiting a clear bearish institutional order flow. Our primary focus is to identify selling opportunities that align with this narrative. Here’s how we plan to approach the market today:
Key Observations:
Institutional Order Flow: We are entirely bearish, so our strategy is to find sell opportunities in premium price zones and aim to book profits at further discounted prices.
Premium and Discount Tool: Utilizing this tool, we have identified a premium array, specifically the M15 bearish order block, as our point of interest (POI). This is where we will be looking to initiate a sell trade.
Trading Strategy:
Entry Point: I will wait for the price to reach the identified M15 bearish order block. This POI represents a premium price level where we anticipate a strong selling opportunity.
Target: The primary target is the daily fair value gap. This is where we aim to book our profits, capitalizing on the bearish momentum.
Contingency Plan:
Reactive Trading: If the price does not reach the POI, I will adapt to the market's movements and make decisions based on the unfolding price action.
Invalidation Level: If the price breaks above the 1.26928 high, it may indicate a temporary shift in the internal structure to bullish. In this case, we will reassess our strategy accordingly.
Happy Trading,
The_Architect
GBPUSD: dropped below 1.2700GBPUSD: The British Pound ultimate weekend additionally fell underneath the 1.2700 threshold and broke the growing channel structure. Therefore, the anticipated state of affairs is that EURUSD will go back to accumulation fame with a fluctuation variety from 1.2640-1.2750. You can don't forget prioritizing a few alternatives ready to be offered with GU today.
GBPUSD | Perspective for the new week | Follow-upThe U.S. dollar made a strong comeback on Friday as the latest economic data revealed a much higher job creation rate than anticipated. The U.S. economy added 272,000 jobs last month, significantly surpassing expectations. This robust job growth suggests that the Federal Reserve might delay starting its easing cycle this year. Additionally, the average hourly earnings increased by 0.4%, up from a 0.2% rate in April, further strengthening the case for a strong dollar.
Following this positive jobs report, the likelihood of a rate cut in September dropped to around 50.8%, compared to nearly 70% the previous Thursday.
On the other side of the pond, the focus shifts to the United Kingdom, where the Pound Sterling will be influenced by upcoming Employment data, set to be released on Tuesday. The UK has seen a decline in the number of employed people for three consecutive periods. Any further indication of layoffs could weaken the Pound Sterling, increasing speculation that the Bank of England (BoE) might implement early rate cuts.
Investors are also keenly watching the UK Average Earnings data, a critical measure of wage growth. The UK's persistent wage growth has been a key driver of high service inflation, posing a challenge to bringing price pressures back towards the 2% target.
In this video, we analyze the dynamics between buyers and sellers as they interpret recent economic data and prepare for the upcoming reports this week.
GBPUSD Technical Analysis:
Will the pound maintain selling pressure below $1.27500? 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 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.
GBPUSD: Intraday Trade Alert - Potential Sell OpportunityGreetings Traders!
Analyzing Bearish Institutional Order Flow
At the moment, I am observing continuous bearish institutional order flow stepping into the market to reach sell-side objectives. I am selling price action off the M15 bearish order block, which is strong due to an inefficiency (FVG & liquidity void) resting below it. As price reached into the order block, it filled those inefficiencies and has now reached a balanced price range, which I expect to hold. Therefore, I am considering a risked entry on the order block to target the M15 sell stops.
Key Observations:
Bearish Momentum:
Order Block Resistance: Price is using the M15 bearish order block as resistance, indicating strong bearish momentum.
Targeting Sell Stops: The primary objective is the M15 sell stops. As well as the H1 Discount Sell Stops.
Buy Stop Bearish Scenario:
m15 Buy Stops: If price moves towards the M15 buy stops, I will look for a confirmation entry to sell price towards the downside.
Trading Strategy:
Primary Focus: Entering a risked sell entry on the M15 bearish order block to target the M15 sell stops.
Secondary Consideration: Monitoring the m15 buy stops, if they get taken I will look for confirmation entries to sell towards the bearish targets.
GBPUSD & DXY Video Analysis: Key Expectations and Trends Ahead!
If you'd like to further understand why I am anticipating a bearish draw towards the downside on GBPUSD, please watch my end-of-week outlook video on GBPUSD and the DXY through the link provided.
It's important to know how you will be approaching the market, so please conduct further analysis to make well-informed trading decisions.
Kind Regards,
The_Architect
GBPUSD: The British Pound tends to increaseGBPUSD: The British Pound has also tended to increase right from the support zone around 1.2700, so in the short term it is expected that GBPUSD will still maintain above this price range. The uptrend is still guaranteed. Ace can consider buying briefly with GU today, the short-term goal is to retest the resistance area around 1.2770.
GBPUSD analysis after positive Nonfarm data📌GBP/USD drops below 1.2720 after encouragement from Nonfarm data. GBP/USD continues its downtrend and trades deep below the key support zone of 1,275. The US dollar outperformed its rivals following impressive labor market data in May, forcing the pair into sharp declines.
📌Next week's markets are in focus on Tuesday with the Change in Claimants, and the UK Average 3-Month/Year Earnings Index. Besides important US economic reports such as CPI, FOMC, PPI and UoM Consumer Preliminary Market Sentiment.
📌GBPUSD's minor intraband trading level is formed by two border zones 1.268 and 1.277. The 1,280 resistance zone still plays a key role in the long-term uptrend of GBPUSD. There may be a slight reaction around 1,280 before GBPUSD breaks out to the important resistance area of 1,288. In the opposite direction, when the currency pair breaks the trendline and continues the downtrend, the support zone at 1,265, the critical zone of the daily frame EMA, will support the currency pair to go up.
Resistance: 1.277-1.280-1.288
Support: 1.268-1.265
BUY GBPUSD 1.266-1.264 SL 1.262
SELL GBPUSD 1,288-1,290 SL 1,292
✍️Note: Break out 1,265 reverses to downtrend, Break out retests resistance 1,280
GBPUSD | Perspective for the new week | Follow-upThis video dissects the recent market trends and economic data that have been impacting the Pound Sterling and the US Dollar.
Last Friday, data revealed a positive turn in UK house prices for May, following a couple of months of decline. However, all eyes were on the report on US inflation, which significantly influenced price movements. The Pound Sterling (GBP) demonstrated signs of recovery, particularly after the monthly United States core Personal Consumption Expenditure Price Index (PCE) data for April fell short of expectations. With underlying inflation growing at a slower rate than anticipated.
Additionally, the downwardly revised GDP estimates have weighed on the US Dollar and increased the speculation on the likelihood of the Fed reducing interest rates in September, with estimates surpassing the 50% mark.
Shifting focus to the United Kingdom, the survey of economic outlook conducted by Lloyds Bank highlighted easing price pressures and strong expectations surrounding the Bank of England (BoE) potentially initiating interest rate reductions earlier than anticipated hereby bolstering business optimism.
In this video, we navigated the current market dynamic to unravel the potential direction of price action in the coming week as market participants digest the implications of the economic data from both economies
GBPUSD Technical Analysis:
Will the pound hold above $1.27000? Watch this video for key trades this week. We analyze trends and levels for market insights. 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 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.
GBPUSD is flat as the market is waiting for important newsGBPUSD: The British Pound yesterday also largely accumulated sideways as the market was waiting for important news. However, technically, it can be seen that the upward trend is still being maintained. Therefore, you can consider the option of continuing to buy up GBPUSD today. It is expected that there is a possibility of a breakout to the higher target area around 1.2900 if NONFARM today is unfavorable for USD.
GBPUSD: is maintaining a positive upward momentumGBPUSD: The British Pound in the short term is still maintaining a positive upward momentum. And in today's session, with the USD outlook weakening, ace can consider selling with GBPUSD. Recommended buy limit around 1.2750
GBPUSD DOUBLE BOTTOM BUY Hereon GBPUSD price has made a double bottom and likely to move up more after retest the support line1.27660 and now is expected to go for LONG and expected targeting profits should be around the level of 1.27905
GBP/USD Full Analysis , Best Place To Buy It And Get 200 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.
GBPUSD: The British Pound has also increasedGBPUSD: The British Pound has also had a positive increase in the context of the USD weakening strongly. So GBPUSD broke above the 1.28 resistance and is currently at 1.2813. Scenario in today's session GBPUSD will continue to maintain its uptrend to the higher resistance area around 1.0880. You can consider buying GBPUSD in the short term. Recommended to buy around 1.2800
GBPUSD Trading Plan -31/May/2024Hello Traders,
Hope you all are doing good!!
I expect GU to go Down after finishing the correction.
Look for your SELL 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.
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.
GBPUSD I Bullish trend continuation Welcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBPUSDPair : GBPUSD ( British Pound / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Break of Structure
Rising Wedge as an Corrective Pattern in Short Time Frame
RSI - Divergence
Fibonacci Level - 78.60%
GBPUSD BUY ANALYSISHere on GBPUSD price has moved down and made a rebound around a support area of 1.26853 and now heading up this show that buyer has taken control and now going for LONG is neeeded and targeting profits should be around a psychological levels of 1.24000
😵💫GBPUSD: No Clear Bias for me. Multitimeframe updateMost recently, we are "stuck" in this box-range with unclear, messy price action
Given the fact I see bearish on HTF and bullish or messy on LTF, it's a contradiction
so right now I don't have clear confluence for this market
Overall on 15-60min. timeframes, we see recent bullish leg. Accumulation and reaccumulation
models are pushing price higher, however price is often choppy and wicky, which makes it hard to trade, at least for me
☝️Do not act based on my analysis, do your own research!!
Learn from my experience, with all the mistakes and pain shared on the way to the main goal - consistency. I'm always glad to discuss and answer questions.
⚠️ ALL videos and ideas here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. DO NOT act based on my analysis, do your own research!!
GBPUSD: The British Pound has also corrected in the short term.GBPUSD: The British Pound has additionally corrected withinside the quick term. Currently, this forex pair is keeping across the aid degree on the 1.2690 area. However, with the modern-day fashion and downward pressure, it's miles probable that GBPUSD will penetrate this aid quarter to a deeper fee variety across the 1.2640 area. You can recollect keeping the sell-down watch with GU today
GBPUSD ABCD Idea H1Here is my ABCD idea for GBPUSD on H1. OB range are on 61.8% and TP target at -27.
