GBP/USD "The Cable" Forex Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a short trade at any point,
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high/low level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest high level.
Goal 🎯: 1.23800 (or) Escape before the goal
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
Gbpusdshort
GBPUSD SELL | Idea Trading AnalysisGBPUSD is moving on support zone and and made a head & shoulder pattern
The chart is above the support level, which has already become a reversal point twice.
We expect a decline in the channel after testing the current level.
We expect a decline in the channel after testing the current level
Hello 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.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Short Setup Limit order GBPUSD day trade before news👋Hello Traders,
Our 🖥️ AI system detected that there is an H1 timeframe ICT Short setup in
GBPUSD for session trade (a couple of Hours)
Here is a session trade idea Sell limit order level for reference, TP and SL in pips
Cancel limit order before any great news in Forex.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
GBP/USD Sells from 1.2700 back downThis week, I expect GBP/USD to continue its downtrend, following a clear change in character and a break of structure on the higher timeframe, signaling bearish momentum. My primary plan is to wait for a retest of the 2-hour supply zone, located above the Asia high. Once the Asia high is taken, I’ll look for confluences to execute potential sell trades.
If the 2-hour supply zone fails to hold, I’ll shift my focus to the 10-hour supply zone, which represents a significant structural point. Should price distribute in this area, I’ll look for major sells to align with the prevailing bearish trend.
Confluences for GBP/USD Sells:
- Liquidity Below: There’s substantial liquidity to the downside waiting to be taken.
- Bearish Momentum: The pair has been bearish over the past two weeks.
- Break of Structure: Price has broken key levels to the downside on the higher timeframe.
- DXY Correlation: The dollar index (DXY) is aligning with this bearish setup.
- Key Supply Zone: A well-defined supply zone caused the initial downside move.
Note: As price approaches the 8-hour demand zone, I’ll also consider any long opportunities to take price up to the supply zone for a countertrend move, rather than waiting for bearish setups exclusively.
Fri 13th Dec 2024 Daily Forex Charts: 8x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 8x new trade setups this morning. As usual, you can read my notes on the charts for my thoughts on these setups. The trades being a EUR/USD Sell, GBP/USD Sell, Silver Sell, AUD/CHF Buy, EUR/AUD Sell, GBP/AUD Sell, AUD/NZD Buy & CAD/CHF Buy. I also discuss some trade management. Enjoy the day all. Cheers. Jim
GBPUSD – retesting the 200dma from below .. the week of 09 DecAfter being in bullish territory (above the 200dma) for over 6 months, this pair has broken below and on Fri, it retested (bounced off) the moving average. That is my reason #1 for a bearish bias.
#2 – The area around 1.2750 is a significant s/r & price has met with resistance here.
#3 – The bullish move we saw over the last 2 weeks was a retracement of the down move that began on 06 Nov.
#4 – This retracement of 50% coincides with the 1.2750 s/r level.
#5 – The weekly and daily chart are in complete alignment with this analysis.
#6 – The H4 chart shows how price has been moving in an equidistant channel during the retracement phase. Like most retracements, this move has been weak and shallow.
I believe that price will break out of this channel to the downside and the bearish move will soon continue. If this happens, price will also move below the 20sma. This will complete the picture I want to see for bearish price action.
I will place my stop above today’s daily pin bar and will initially target the 1.2340 region. My expectation is that this has the potential to be a prolonged bearish trend.
This is not a trade recommendation, merely my own analysis. If you decide to trade this, you should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
If you like my idea, please give a “boost” and follow me to get even more.
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
GBPUSD Sell AnalysisAs we didn't see a sharp bearish move to create a bearish OB, So I think the price will go higher to touch the supply area and then starts to go down sharply.
We have to wait for more confirmation...
Dear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you.
Best Regards
Navid Nazarian
GBPUSD Sell Limit OrderHi everyone.
I think with this bearish engulfing candle we have an area with a good potential to go short.
Lets see what happens...
Dear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you.
Best Regards
Navid Nazarian
GBPUSD Sell Limit OrderHi everyone.
I think with this bearish engulfing candle we have an area with a good potential to go short.
Lets see what happens...
Dear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you.
Best Regards
Navid Nazarian
Sell GBP/USD Channel BreakoutThe GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.2668
2nd Support – 1.2620
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
GBPUSD SELL The US Dollar (USD) fell following the release of the United States (US) Nonfarm Payrolls (NFP) report, pushing GBP/USD to a fresh one-month high of 1.2810. According to the US Bureau of Labor Statistics (BLS), the country added 227,000 new job positions in November, beating the 200,000 expectedAdditionally, the Unemployment Rate ticked up to 4.2% in November from 4.1%, meeting expectations. The Labor Force Participation Rate edged lower to 62.5%, while the annual wage inflation, as measured by the change in the Average Hourly Earnings, held steady at 4%, coming in above the market forecast of 3.9%.The US Dollar, however, trimmed losses and gained momentum after the release of the preliminary estimate of the December US Consumer Sentiment Index, which jumped to 74 from the previous 71.8 while beating the expected 73The British Pound turned negative against the USD on a daily basis, with the pair hovering around 1.2700. The 200-day Simple Moving Average (SMA) attracted sellers, currently standing at around 1.2820. The 20-day SMA, on the other hand, maintains its bearish slope below the current level at 1.2690, the immediate support en route to the 1.2650 price zone
GBPUSD to find bears at current market price?GBPUSD - 24h expiry
The primary trend remains bearish.
The rally is close to a correction count on the intraday chart.
Risk/Reward would be poor to call a sell from current levels.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 1.2735.
We look to Sell at 1.2735 (stop at 1.2765)
Our profit targets will be 1.2645 and 1.2620
Resistance: 1.2750 / 1.2780 / 1.2800
Support: 1.2660 / 1.2630 / 1.2600
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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GBPUSD Analysis - Bearish - Trade 031. Seasonality
The GBP is range-bound during the first week of December, while the USD exhibits bearish momentum. This suggests a neutral to slightly bullish outlook for GBPUSD based on seasonality.
2. COT Report
The GBP's COT RSI is also range-bound, indicating no strong directional bias.
3. Fundamental Analysis
LEI
The GBP Leading Economic Indicator (LEI) is decreasing, while the USD LEI is increasing. Global LEI is also rising, favoring USD strength and suggesting bearish pressure on GBPUSD.
Endogenous Factors
GBP endogenous factors are signaling a sell, adding to the bearish sentiment for GBPUSD.
Exogenous Factors
Exogenous indicators for GBPUSD are also showing a decrease, further supporting a bearish outlook.
4. Technical Analysis
GBPUSD is forming an ABCD pattern and is currently moving toward point D. The 0.5 Fibonacci retracement level at point C is also coinciding with a 4-hour resistance, suggesting a potential reversal or slowdown at that level.
Bias
The combined analysis suggests a bearish bias for GBPUSD, with the 0.5 Fibonacci level and 4-hour resistance offering a critical point to consider for potential short entry.
Trade Plan:
Entry: 1.26520
SL: 1.27273
TP: 1.25769
Gbpusd setup GBP/USD trades with a positive bias for the third straight day and rises further above the 1.2700 mark in the European session on Thursday. The pair takes advantage of the sustained US Dollar weakness and mild risk appetite heading into the US data releases later in the day The Relative Strength Index (RSI) indicator on the 4-hour chart holds slightly above 50 and GBP/USD managed to hold above the 100-period Simple Moving Average (SMA) after testing this level several times since Tuesday, highlighting sellers' hesitancy.
Looking north, resistances could be spotted at 1.2700 (Fibonacci 38.2% retracement of the latest downtrend), 1.2750 (Fibonacci 50% retracement) and 1.2810-1.2800 (Fibonacci 61.8% retracement, 200-period SMA). On the downside, immediate support is located at 1.2650 (100-period SMA) before 1.2630-1.2620 (50-period SMA, Fibonacci 23.6% retracement) and 1.2600 (round level, static level)
GBP/USD Analysis: Key Levels in Focus Amid Mixed TrendsHello Traders,
Trust you are great.
Below is my perspective on the probable direction of GBPUSD in the coming days.
Overview
On the H4 timeframe, GBP/USD remains in a bullish trend. However, on the H1 chart, the pair is consolidating within a bearish structure. Key resistance levels are observed at 1.27219 and 1.27026, with the recent high at 1.27496 marking a critical threshold for further upside movement.
Idea
There is potential for a short-term rise in price, but the advance is likely to remain capped below 1.27496. The overall expectation is for the pair to break below the trendline after this upward movement. A confirmed close beneath the trendline could lead to a decline toward the 1.25400 price region, where strong support might trigger a bounce.
Additionally, earlier unusual volatility caused a sharp downward spike, but this has since eased, and momentum has weakened significantly.
Conclusion
While a downward move appears probable, a break above the Friday high of 1.27496 would invalidate this bearish outlook and signal a continuation of the bullish trend.
Do let me have you thoughts.
Cheers and happy trading!
Sell GBP/USD Triangle PatternThe GBP/USD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.2650
Target Levels:
1st Support – 1.2585
2nd Support – 1.2550
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
GBP/USD: The Bearish Setup You Can’t Ignore Ladies and gents, let’s talk about the British Pound vs. the almighty Dollar—the drama never ends. 🎭 Right now, the charts are shouting louder than a reality TV fight: “Short me!” If you’re not seeing it, don’t worry—I’ll spell it out for you, sarcasm included. 😏
From Wedge to Woe: What the Chart Screams
1️⃣ The Big Downtrend 📉
Look at that drop—GBP/USD has been falling faster than your New Year’s resolutions. 🥲 A strong downtrend brought us to a cute little descending wedge, a classic pattern that screams, “I might bounce… but only to crush your hopes later.”
2️⃣ The "Fake Recovery" 🪤
Post-breakout, we saw a weak rally—let’s call it what it is: a dead cat bounce 🐱. Bulls are trying, but it’s like slapping duct tape on a sinking ship. The price is now flirting with resistance around 1.2775. Spoiler: It doesn’t look good for the bulls.
3️⃣ The Trap is Set 🪤
There’s a clear bearish trade setup here. A red zone for the stop-loss (thank you, risk management gods 🙌) and a juicy green target zone for profits. If you’re thinking of longing this setup, please—just don’t. Save yourself the heartbreak.
How This Plays Out: Two Scenarios 🎢
🔥 Bearish Dominance
This is the most likely play. Price respects resistance, drops out of the consolidating triangle, and continues its nosedive to 1.2500—or lower if the bears are feeling extra spicy. 🐻💣
🎩 Bullish Fantasy (Unlikely)
The only hope for bulls? A breakout above 1.2775. But even then, it needs real momentum, not the half-hearted attempts we’re seeing now. So unless you’re the kind of person who bets on lottery tickets for a living, stick with the short. 🎟️
George’s Take: Don’t Be a Chart Clown 🤡
Look, trading isn’t about being right—it’s about making money. If you’re seeing anything bullish here, you’re either blind or overly optimistic. This setup is bearish AF, and the risk/reward ratio is screaming SHORT.
Pro Tips for the Brave (or Smart):
Entry: Around resistance at 1.2775.
Stop-Loss: Tight above the red zone—don’t go broke proving a point.
Target: Scale out near 1.2500, or ride it lower if the bears take over completely.
Final Word: Trade Smart, Not Emotional 💼
Want to keep buying hope and dreams? Go ahead, but don’t blame the chart when it dumps on you. For the rest of you who actually care about strategy, setups like these are where profits are born. 🤑
Join the Road to a Million Club 🌟 if you’re done playing guessing games and want to trade like a pro. We don’t mess around—just clean setups, hard truths, and real results. 🚀
#TradeSmart #GBPUSD #BearishSetup 🐻💸
Scenario on GBPUSDWe have created a higher low on the market, which will ultimately mean for me that I will wait to see how the situation develops regarding the marked point. If the price breaks below, it still won't matter because the support is set below which the price would have to fall to start considering a short position. From this perspective, I rather like to return to the creation of a double bottom or some other formation for establishing an SFP because around the price of 1.274 - 1.2867 we don't have selected liquidity and from this price the resistance at the price of 1.3 is very close. This is just my view of the entire situation around this market.