GBPUSD - Bearish market structure ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we have similar situation as on GBPNZD, we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement in order to fulfill the imbalance higher and then to reject from bearish order block.
Fundamental analysis: On Friday we have important news on USD, will be released NFP and Unemployment Rate. If the results are negative, it will support our analysis.
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Gbpusdshort
GBPUSD LONG TERM BUY IDEAHello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
GBPUSD 4H begins an upward correction
GBPUSD
stabilizing above 1.2172 will support rising to touch 1.2233 then 1.2280 then 1.2328
stabilizing under 1.2124 will support falling to touch 1.2095 then 1.2069
The expected trading range for today is between support 1.2035 and Resistance 1.2233
pivot price: 1.2172
Resistance prices: 1.2233 & 1.2280 & 1.2328
Support prices: 1.2095 & 1.2069 & 1.2035
The general trend expected for today: bullish
timeframe: 4H
GBPUSD WEEKLY ANALYSIS-UPDATE 01/10/2023Anticipating Dollar Weakness for GBP/USD
📉 Expecting Dollar weakness to trigger a potential retracement on GBP/USD. Keep an eye on this pair for a possible pullback and correction and after we head back down following the current trend. 📈 #GBPUSD #Forex #TradingViewAnalysis
GBPUSD Daily Outlook!Hello Traders This is the Daily $GU Outlook overall we are on a Bearish Movement we broke a Huge Structure to the downside we gonna fall to the next Support level at 1.2020 before that i think we gonna Pullback to the Previous Support that will become Resistance So we must Retest the 1.2330 and i found A setup in 1.2364 So it could Reach these Areas Beetween 1.2330 - 1.2380 Next Week till the continuacion of the Fall of FX:GBPUSD
GBPUSD bearish still continuewe reach Head and shoulders projection with 529 pips profit at previous analysis,
and we can see bearish still perform with symetrical channel down.
We can follow this movement with short position at channel down resistance, and aim for march support level at 1.1816 with 349 pips profit projection.
good luck,
if you have any questions about this analysis, do not hesitate to contact me.
previous analysis :
GBPUSD 4H is on a narrow pathGBPUSD
stabilizing above 1.2124 will support rising to touch 1.2172 then 1.2233 then 1.2280
stabilizing under 1.2124 will support falling to touch 1.2095 then 1.2069
The expected trading range for today is between support 1.2035 and Resistance 1.2233
pivot price: 1.2124
Resistance prices: 1.2172 & 1.2233 & 1.2280
Support prices: 1.2095 & 1.2069 & 1.2035
timeframe: 4H
GBPUSD 4H OUTLOOK
GBPUSD
Analyze
If a price can stable above 1.2123 the direction will be uptrend again to reach 1.2160, 1.2205, 1.2243
For any reason if the price backs off and stable under 1.2123, the price will try to reach 1.2089If can break it then will reach 1.2047and 1.1984
Support line:1.2089 ,1.2047,1.1984
resistance line: 1.2160,1.2205,1.2243
GBPUSD SellGBPUSD is moving back up toward fair market value on the 4h chart. I will be waiting for price to reach the yellow line before waiting to see if there are signs that the price is beginning to trend down. On seeing this I will short the pair for a high risk to reward ratio trade. I will post updates on this trade as it progresses throughout the day.
GBPUSD LONG TERM BUY IDEAHello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
GBPUSD Technical Analysis and Trade IdeaThe GBPUSD currency pair has faced significant downward pressure in recent times. Currently, it has descended to a crucial support level and appears to be in an overextended state. In our video, we delve into a prospective trading opportunity, grounded in a comprehensive assessment encompassing market structure, price action, the prevailing trend, and other pivotal aspects of technical analysis.
It's important to reiterate that the content presented in the video is intended strictly for educational purposes. It should not be interpreted as financial advice or guidance. Our objective is to provide a detailed breakdown of the market dynamics, equipping viewers with valuable insights to make well-informed trading decisions.
[EN] GBPUSD long term trend // GaliortiTradingAfter failing to break above the 200 session average (summer 2014) FX:GBPUSD is still dominated by its long term bearish trendline (2007) .
Despite the bullish RSI divergence FX:GBPUSD was not able to restructure to the upside and developed a double top executing its target in September last year. The strong recovery since then failed to break above its long term downtrend line.
The loss of 1.20 would be a very bearish signal and would open the door to new lows in the 1.02-1.00 area . Above the latter prices, the stock could restructure to the upside .
Pablo G.
GBPUSD 4H : Downtrend under 1.2110GBPUSD
New forecast
The price perfectly fulfills my last idea and price reached our target .
The British pound pair against the dollar is showing some upward tendency to approach the pivotal resistance 1.2110. The price needs to hold below this level for the bearish trend scenario to remain effective for the coming period, as breaching it will lead the price to recover and head to test the resistance of the descending channel that organizes the current bearish wave, while we wait for a rebound. Bearish, heading towards 1.2030 then 1.1936 as main negative targets.
Therefore the downtrend scenario will be remain effective for the coming period supported by bearish channel and dollar strong , taking into account that breaching 1.2110 and stabilized above will postponed the bearish attempts and will try to correction .
Additionally ,Today News will affect the market .
support line : 1.2030 , 1.1936
resistance line : 1.2110 , 1.2200
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
GBP/USD AnalysisAfter the move down from the 4h FVG yesterday I'm expecting GU to continue the momentum to the downside, I highly recommend to wait for a retracement into the inversing FVG and waiting for some confirmations in the lower time frames to take the liquidity at 1.2060 and further more from a long term persepective
GBPUSD | More Than a 1:1 Reward To Risk TradeThis is bearish potential on GBPUSD
12 hour timeframe is bearish. A new high was made on today.
Price can go lower overnight. If it does
we can adjust the take profit.
Stop loss and entry will stay the same.
Stop loss and entry are noted as
Entry: 1.21813
Stop loss: 1.22719
TP: Open but preferably the lower low after price pulls back and beyond.
You can move stop loss higher if you prefer more room for the trade to breathe.
Belief: For God did not give me a spirit of fear, but of power, love, and a sound mind.
Rather this trade wins or losses, I pray God for the opportunity.
Hey! Like the analysis. Much Love. ❤️
GBPUSD Potentially BearishPrice has broken the 1.21300 area, a retest of that same zone and its rejection to confirm continuation will be a good entry point.
Better to let market tell you its flow and you respond to it rather than attempt to predict it.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
GBPUSD END-WEEK ANALYSIS-UPDATE 24/09/2023GBP/USD: Navigating Forex's Ebb and Flow - A Close Eye on DXY
GBP/USD has been a rollercoaster lately, with our earlier anticipation of a recovery proving accurate. Yet, in the ever-changing forex landscape, we must prepare for the next chapter.
Now, I'm keeping a watchful eye on a potential downturn for GBP/USD, in response to a stronger US dollar. A crucial note: this scenario hinges on the DXY maintaining its price above 105.864. Join me in this forex adventure as we navigate market fluctuations. Stay tuned for the upcoming developments! 📉📈 #GBPUSDAnalysis #MarketDynamics #TradingView