GBPUSD SELL !!! PROJECTION 3gbpusd is looking like making a pullback so i want to be shorting only when price close below that level of support
Gbpusdshort
GBP/USD Shorts from 1.27500 back downMy bias this week is to look for nearby sell opportunities as we approach a strong supply zone on the 21-hour chart. I will wait for a Wyckoff distribution to unfold, likely on Monday or Tuesday, to take sells back down to the next demand zone.
Since the equal highs have been swept, I expect the price to slow down and provide a clear entry model for shorts. Despite the current bullish trend, I plan to take these sells down to the next demand zone, where I will look for long positions to continue the trend.
Confluences for GU Sells are as follows:
- 21hr supply zone has caused a break of structure to the downside and has an imbalance
- The overall trend on the higher time frame is bearish and the dollar is also overall bullish.
- Price has swept equal high liquidity enough to now break back down.
- Bullish pressure is getting exhausted after the bullish rallies we saw last week.
P.S. Since the price hasn't yet tapped into the supply zone, I'm also watching for an Asian high sweep, which will further confirm my sell bias. Additionally, we're approaching the psychological level of 1.27500, so it will be interesting to see how the price reacts.
Have a great trading week!
GBPUSD is oversold. Now is the time to buy
Everyone must have seen yesterday’s analysis. Both GBPUSD and EURUSD are in line with my expected decline range of 500-1000. The US dollar also reached a high of 105.5. Oil is back at buying prices. Gold has also come to a profitable price.
At present, I simply observed the market. There is currently no better opportunity to earn the difference in gold or oil prices. On the other hand, there are some good deals in Forex. The U.S. dollar index remains near 105.5, which puts strong pressure on the U.S. dollar's upward trend. So when the US dollar pulls back, GNPUSD can add some buy orders. About 600 pips profit
Friends who like to trade foreign exchange can trade in moderation. 600 points is equivalent to a 6 dollar fluctuation in gold. (Some people may not know the fluctuation ratio of foreign exchange. Here I will briefly popularize it)
In the past, you always failed when trading alone.
But everything will change after you follow me.
Because we will be the ultimate winner!
GBPUSD | Perspective for the new week | Follow-upJoin us as we delve into the latest developments shaping the GBPUSD landscape. The Pound Sterling rebounded in the second half of the week driven by robust Q1 GDP figures from the UK's Office for National Statistics, indicating a resilient economy. With a growth rate of 0.6%, surpassing expectations, the UK appears to be steering clear of recessionary woes.
This buoyant economic growth paves the way for a 'soft landing,' according to Bank of England Governor Andrew Bailey, instilling confidence in inflation returning to target levels. However, amidst this optimism, there's a divergence of opinions within the BoE's Monetary Policy Committee, with talks of a potential rate cut looming.
Meanwhile, across the pond, the US Dollar faces headwinds as jobless claims soar, reigniting concerns about the strength of the labor market. Against this backdrop, all eyes are now on upcoming data releases, including UK labor market statistics and US Consumer Price Index data, as investors brace for potential market shifts.
GBPUSD Technical Analysis:
Will the pound maintain its momentum below the critical $1.25400 zone?
In this video, we've examined the 4-hour timeframes, dissecting bullish and bearish sentiments to unearth the most promising trades for the week ahead. Our analysis dives deep into key levels, trendlines, and support/resistance points, providing invaluable insights into the prevailing market structure.
Our focus remains fixed on the pivotal level at $1.25400 and descending trendline, where the direction of price action could herald the onset of significant market shifts. How the market responds here will chart the course for GBP/USD in the days to come.
Stay engaged and join the discourse in the comment section to stay abreast of the latest developments. Thank you for tuning in, and brace yourselves for further insights into GBP/USD in our upcoming content. Get ready for an exhilarating journey ahead! Happy trading!
Disclaimer Notice:
Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy.
It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances.
Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it.
Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
Unlocking Opportunity: GBPUSD NY Session Sell Setup Unveiled!At present, GBP/USD is showing bearish momentum on the M15 timeframe. We anticipate that the price will target and fill the Daily Fair Value Gap (FVG), where sell stops are likely positioned. This is due to the smart money potentially using a retail pattern, such as the support zone, to engineer liquidity, which we expect the price to manipulate.
There are currently two key regions where price resistance may occur as it moves towards our sell-side objective: the bearish FVG and the bearish order block on the M15 timeframe. I am awaiting a confirmation entry signal that will indicate a push towards the downside.
For an in-depth understanding of my analysis on GBP/USD, please watch this video:
Happy Trading,
The_Architect
GBP/USD Retreats: Understanding the Factors at PlayGBP/USD underwent a technical correction, retracing to approximately 61.8% from the previous swing high before concluding Thursday's session in negative territory. The pair has continued its downward trend early into Friday.
Comments made by Federal Reserve (Fed) officials on Thursday contributed to a rebound in US Treasury bond yields and bolstered the US Dollar (USD). Atlanta Fed President Raphael Bostic acknowledged progress in inflation for April but emphasized that the Fed had not yet initiated policy easing. Similarly, Cleveland Fed President Loretta Mester remarked on the adequacy of current monetary policy, indicating a need to review additional data. Richmond Fed President Thomas Barkin echoed these sentiments, stating on CNBC that recent Consumer Price Index (CPI) data did not align with the Fed's objectives for inflation.
Meanwhile, the US Department of Labor reported 222,000 weekly Initial Jobless Claims for the week ending May 11, down from 232,000 the previous week.
From a technical standpoint, there is potential for a bearish correction in the GBP/USD price, targeting the lower end of the chart to address inefficiencies stemming from the preceding bullish rally. This area has been highlighted in the Footprint chart for reference.
Footprint chart
DXY & GBPUSD: Addressing Inefficiencies 📉 | Friday OutlookGreetings Traders!
Join me in today's video as we delve into an in-depth analysis of GBPUSD and DXY, exploring key expectations for today's trading session and summarizing this week's trends. This analysis is crucial as it sets the tone for next week's trading as well. We've reached a critical juncture on both the DXY and GBPUSD charts, making it essential to understand what lies ahead.
What do you think will be the major market mover going into next week?
Stay tuned for valuable insights, and don't hesitate to leave any questions or comments in the section below.
Happy Trading,
The_Architect
Fundamental Analysis of the US Dollar
The trend of the US dollar is as I predicted. This can be seen directly from the trend chart of the Asian market. The U.S. dollar index is currently showing an oversold rebound trend. The key thing to pay attention to is the pressure level above, which is around 105.3-105.5 to see if it can stand firm.
In trading, EURUSD and GBPUSD can be sold at a higher price first. Wait for the market to fall.
In the past, you always failed when trading alone.
But everything will change after you follow me.
Because we will be the ultimate winner!
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
GBPUSD SELL ANALYSIS 15 MINSHere on GPBUSD price break a a trendline and show it going to moving down after the retest and targeting profit should be around psychological level of 1.26500
💡 GBPUSD: Analysis May 14GBPUSD increased yesterday, but has not made any changes in the chart structure. The overview shows that the price is still moving sideways in an overall downward trend.
The latest price increase helps GBPUSD H1 establish a new high price peak, continuing the short-term price uptrend. Today you can catch retests to buy in line with the short-term uptrend. The sell scenario will be activated if the price is pushed down again to reverse the GBPUSD H1 structure from increasing to decreasing.
💡 Trend H1: GBPUSD increases.
Today's trading idea: Buy GBPUSD.
💡 GBPUSD: Analysis May 16GBPUSD extended the series of increasing prices, creating the strongest increasing day after yesterday. The D1 bar structure creates a bullish marubozu model reflecting good buying pressure. At this time, the price is located at an important resistance zone. An upside break from this price peak will help GBPUSD D1 establish an uptrend again.
GBPUSD H1 continues its uptrend with the establishment of a new high price peak. The steep slope confirms strong bullish momentum. Today's pullbacks will be an opportunity to buy GBPUSD H1 during the day.
💡Trend H1: GBPUSD increases.
Today trading idea: Buy GBPUSD.
Time for SELL ?Hello Traders; Hope you doing greats .
for this week I think we'll probably see a downward correction in GBPUSD and after that we can take a long position at Blue zone .
if this post was helpful, please like and share.
GBP USD short GBP/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.
Confirm signal
GBP USD short GBP/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.
Confirm signal
GBPUSD: The US dollar usually appreciates in May, but this year UBS, a Swiss bank, stated in a May thirteen report: "Historically, May has been a tremendous month for the greenback. Our seasonal indicator indicates that call for for USD commonly will increase in overdue April and peaking in mid-May, with the Euro (EUR), Australian Dollar (AUD) and New Zealand Dollar (NZD) commonly maximum affected."
However, UBS says that the greenback has now no longer proven an awful lot seasonal volatility so far, that is constant with the inventory market`s cutting-edge lack of "May selling" tendencies.
GBPUSD SELL ANALYSIS 15MINS TIMEFRAMEHere on GBPUSD price has made a two higher low waiting for the third one to complete and that were we are looking for sell around 1.25754 and is likely to move down around psychological level of 1.25500 so that should be a targeting profit.
GBPUSD - Long from trendline ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price makes a retracement and then rejects from trendline + liquidity zone.
Fundamental news: Tomorrow (GMT+3) we will see results of monthly and yearly CPI on USD, news with high impact on currency.
Like, comment and subscribe to be in touch with my content!
Downtrend resumes - GBP/USDI have done plenty of analysis on the GBPUSD in the past few weeks and nothing has changed in our outlook.
The wave of disbelief has matured and we are now selling the cable.
The risk is 1.2636 about 60 pips from where we are right now.
For those who like confirmation, a break below 1.2568 is your first confirmation that more sellers have joined the party.
GBPUSD: Unveiling Long-Term Sell-Side PerspectivesGreetings Traders,
In today's analysis, we observe a retracement of prices into premium levels. Presently, there is evidence of liquidity engineering through the formation of a retail pattern (resistance zone) within this premium range. This suggests the potential for further movement into premium territory, likely targeting the removal of H1 Premium Buy stops. Consequently, engineered liquidity will be paired with Smart Money's sell orders, directing price action downwards.
Upon the breach of the H1 buy stops, my focus will shift towards monitoring price movement towards the Daily Sell stops, aligning with one of my sell-side objectives.
For a comprehensive understanding of my long-term sell-side perspective on GBPUSD, I invite you to watch the accompanying video below:
Best Regards,
The_Architect
GBPUSD SELL | Idea Trading AnalysisGBPUSD is moving in a descending channel near the upper boundary.
The volatility of the price movement decreased when approaching the channel boundary.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
GBPUSD SELL ANAYSIS 15 MINS TIMEFRAME Here the price made a rebound around psychological level of 1.25500 and now trying to break the trendline after bouncing up several so going for SHORT is need and targeted profits should be around support area down .
💡GU Multitimeframe 💡Starting to see some bearish confluences on GU
☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL ideas and videos 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. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
