Gbpusdshort
GBPUSD I Swing long opportunity with upcoming fundamentalsWelcome 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!
Another GBPUSD Short EntryGBPUSD is in a down trend on the higher time frame charts.
GBPUSD is in a down trend on the 1h chart.
Price made a new LH a 13:00.
Price broke structure and left behind inefficiency on the 10m chart.
If price pulls back up into the 10m entry zone I will short for a (currently) 2.64:1 risk to reward.
GBPUSD Short SetupPrice has broken CHOC on the 1h chart signalling a switch to a downward trend.
Price is in a downtrend on the 1d chart.
Inefficiency has been left near the extreme of the 1h downward leg on the 15m chart.
3.25:1 risk to reward is enough to make this trade worth taking.
Target is a new BOS on the 1h chart.
GBPUSD 8.3:1 ShortPrice is in a downtrend on the daily chart.
Price is in a uptrend on the 1h chart.
There is a daily and weekly demand zone @ 1.28718 that I expect price to move down to before making a new HH on the daily.
There is a big inefficiency left by the candle at 7:00 on 16th October.
Entry is the supply zone 1 candle before and TP is a new LL on the daily chart.
GBPUSD 4.55:1 ShortThe 1h chart is in a down trend with new LLs being formed.
The trade is more of a "risky" trade as I am expecting price to pull up to the 10m entry zone above and explained in a previous post.
Why am I taking this trade if it is "risky"?
If this trade does lose then the second entry that I have talked about previously is now almost a 10:1 trade and so will cover the loss.
GBPUSD is in quite an aggressive downtrend on the higher timeframes and so I view the risk to reward as favourable.
The entry is at the 1h down trend extreme.
GBPUSD 3.5:1 ShortThe daily chart is in a downtrend.
The 1h chart is in a small uptrend.
Price may brake internal structure on the 10m.
Price has left inefficiency on the 10m at the top of the move down to break internal structure (if it breaks).
If price creates a new internal LL on the 10m:
Wait for price to pull back up to the inefficiency on the 10m and short targeting a new BOS (current BOS is a 3.37:1 trade).
GBPUSD 4.4:1 Short TradeGBPUSD is in a down trend on the 1h timeframe.
Price has just created a new LL on the 1h timeframe.
There was an efficient move down on the 30m timeframe starting at 13:00 and being rebalanced at 14:30 (our entry candle).
At 14:30 price again moved down leaving inefficiency behind and creating a new LL on the 1h timeframe.
You could try with a tighter entry using the candle at 14:45 on the 5m timeframe but I am happy with the 4.4:1.
GBPUSD 4.85:1 ShortGBPUSD is in a down trend on 1h.
Price has just created a new LL.
Price made an impulsive move leaving inefficiency starting with our entry candle at 7:40 (10m timeframe entry).
TP is targeting demand zone on the 30m chart. You could target a new BOS for a smaller TP but higher probability trade.
Sell GBP/USD Bearish ChannelThe GBP/USD pair on the H1 timeframe presents a potential selling opportunity due to a recent downward Bearish 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 the current price of 1.3062. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.2988
2nd Support – 1.2960
Stop-Loss: To manage risk, place a stop-loss order above 1.3090. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Today High Impact News :
GBP - GDP, Trade Balance
EUR - German CPI
USD - PPI
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Sell GBP/USD Triangle Breakout The 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 1.3055
Target Levels:
1st Support – 1.2988
2nd Support – 1.2960
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 Shorts from 1.31600 down to 1.30000This week, my analysis for GBP/USD (GU) focuses on the continuation of the bearish trend. I’m waiting for price to retrace back to the 2-hour supply zone, where trendline liquidity is resting just below. This retracement will set up for a potential move downward.
Once price reaches the 1.30000 level, I may consider a counter-trend buy at that point. However, with structure continuing to break to the downside, my primary focus will remain on sell opportunities. The strength of the dollar is another factor, further reinforcing this bearish outlook for GU.
Confluences for GU Sells:
- Structure Break: Price has broken to the downside, leaving behind a new supply zone.
- Bearish Market Structure: Recent market movement has been bearish, supported by the rising dollar.
- Liquidity: Significant liquidity exists to the downside, awaiting to be taken.
- Strong Dollar: The bullish dollar aligns with and supports the idea of further GU declines.
P.S. If price continues downward, I’ll wait for it to tap into the next demand zone. If price rises and breaks the supply zone, a reaction from the 17-hour supply zone may offer new sell opportunities.
Sell GBP/USD Bearish ChannelThe GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish 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 the current price of 1.3060, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.2985
2nd Support – 1.2953
Stop-Loss: To manage risk, place a stop-loss order above 1.3100. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
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 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. 📉✅