GBPUSD 1D AnalysisPrice is cooling off a bit at this minor support level before the downtrend continuation. I expect price to get to the 1.18084 region which is a major keyzone.
What's your thought on this?
Gbpusdshort
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 SELLFX:GBPUSD
Price on GBPUSD has broken below 1.21356 Daily support, currently waiting for a pullback to the 1.21356 Daily Resistance to continue seling GBPUSD
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 - Look for Short! 1:4This is only a personal technical analysis, you may take it as a reference, or ignore it. No obligation!
Having proper Risk Management will save you a lot!
Happy Trading!
-SFX-
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
Bearish on GBPUSD (ICT)Currently day trading GBPUSD, I want to see the DXY tap into its hourly orderblock while GBPUSD taps into the Hourly fvg so that i can see gbpusd drive up (intraday) and take out buyside liquidity where i will then look for sells once price takes out either sell side liquidity or taps into balanced price range on the hourly (BPR) followed by a market structure shift on the 2 min timeframe with displacement and im hoping to take a short position and scalp it.
EURUSD and GBPUSD Top-down analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
