GBPUSD 1.28715 + 0.19% SHORT IDEA ASIAN SESSION TRADEHELLO TRADERS
Hope everyone is doing great
📌 A look at The CABLE from INTRA DAY TIME-FRAME ANALYSIS
GBPUSD 15 M TF
* Friday opens with a sweep of NY lunch session highs.
* Trading above the True Day OPEN confirming a Judas swing at play for shorts.
* Seems we may see a reversal before continuation, with the CISD On the 1H.
* GBPUSD took External range LQ , looking for that internal range LQ to be taken.
* This move will be delivered from The 15M -OB
* CONFIRMATION of this short idea is if we see rejection at pd arrays with significant 🐻 candles
**IF CONFIRMED
TP 1 - ASIAN LOWS
TP2 - TREND LQ AT PROJECTION 2.5
5 M TIME-FRAME
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
Gbpusdshort
GBPUSD - Look for Continuation Short (SWING) 1:5!The price has clearly broken the HTF trendline and is making a significant correction towards the highest supply zone, taking orders before continuing the bearish trend.
Expect slower market movement as most orders have been closed for profit-taking, and no major impact news remains except on the CAD pair, which may slightly affect the USD. Regardless of the situation, proper risk management is essential!
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
$GBPUSD | Sell Trade H4 | Execute & Sell Limits |Technical Confluences:
- Price action is between a 50 - 61% Fibo retracement range
- Horizontal trendline coincides with the 61% Fibo retracement levels
- Price is also at a Supply Zone range
- Stochastics on the H4 is in Overbought conditions
Fundamental Confluences:
- Market is reeling with the optimism of incoming FED cuts but FED seems to feel differently based on the few FED speaker's speeches
- The riots in the UK will definitely have some economic drag on the GDP
________________________________
Will be executing my 1st sell entry into FX:GBPUSD and set Sell Limit orders as show in the charts.
Targeting to TP approximately half the position at the 38% Fibo Extension levels (in blue) and move my SL levels to B/E.
Full TP are the 61%/78% Fibo Extension levels.
Remember, DYOR.
________________________________
Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated!
If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
If you want something analyzed, do drop me a DM. :D
________________________________
Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
7 Dimension sell setup for GBPUSD Core Analysis Method
Smart Money Concepts
😇 7 Dimension Analysis
Time Frame: 15 min
1: Swing Structure: Total bearish with BOS. Took the inducement, and the corrective swing move is almost complete, mitigating extreme POI OB, FVG, and liquidity from the premier zone. Going short with regular SMC.
Strong resistance and supply are resting here.
2: Pattern
🟢 CHART PATTERNS
Reversal: Double top
🟢 CANDLE PATTERNS
Record session count and shrinking candles confirm with change of guard.
3: Volume
🟢 Very substantial volume at the point but unable to break the structure, indicating profit booking at the point.
4: Momentum RSI
🟢 In bullish zone at overbought level at 80, expecting a reversal.
5: Volatility Bollinger Bands
🟢 Expansion is about to finish now with squeeze breakout and walking on the band, we expect a down move here.
6: Strength
Bulls are in power but it's about to be overbought again.
7: Sentiment
Strong sell
✔️ Entry Time Frame: 15 min
✅ Entry TF Structure: Bearish
💡 Decision: Sell right now
🚀 Entry: 1.2817
✋ Stop loss: 1.2842
🎯 Take profit: 1.2668
😊 Risk to reward Ratio: 6RR
🕛 Expected Duration: 2 days
SUMMARY: The analysis supports a sell position based on Smart Money Concepts methodology, with the structure, volume, momentum, volatility, and sentiment indicating a bearish move.
GBPUSD 1.27704 +0.1% SHORT IDEA ITRADAY MULTI TF ANALYSISHELLO TRADERS
Hope everyone is doing great
📌 A look at The CABLE from MULTI TIME-FRAME ANALYSIS
GBPUSD 4H TF
* Monday 8 am SAST time 4H candle pushes higher to take highs.
* Beautiful rejection forming a wick favoring bearish move.
* So seems we may see a reversal before continuation, with the CISD On the 1H.
* GBPUSD took External range LQ , looking for that internal range LQ to be taken(W FVG).
* We are trading in discount of the move,This is where I would be looking for long entries.
GBPUSD 1H TF
* Looking for the week to open Bearish into the 4h -BB because our HTF BIAS (PO3) Is bullish .
* Confirmation of this can be that we pushing higher & rejecting.
* We will see what does the market dish.
* 4H lookin for a push into the +BB (po3) ✔ to sell intraday
.
GBPUSD 15 TF
* We saw a rally with the bulls, strong momentum to the upside ON the 1H.
* Looking at the 1H -OB, this is where I would look for short as we are rejecting upside.
* Should this PD ARRAY hold will be Short for the GBPUSD.
* BASED on the price action served this week.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
GBPUSD analysis week 33Fundamental Analysis
GBP/USD resumed its upward momentum and traded near 1.2750 after an earlier decline. However, as market sentiment remained cautious ahead of the weekend, the pair struggled to gather further upside momentum and is still on track to post weekly losses.
The US Dollar (USD) consolidated in a narrow range, with investors focused on the extent to which the Federal Reserve (Fed) will cut interest rates at its September meeting. Looking ahead, the next trigger for the US Dollar will be the US Consumer Price Index (CPI) data for July, due on Wednesday.
Meanwhile, the Pound will be influenced by the UK Employment data for the three months ending in July and July consumer inflation data, due on Tuesday and Wednesday. Economic data will indicate whether the Bank of England (BoE) will make further rate cuts in September.
Technical Analysis
GBPUSD continues to trade in a wide range with the nearest support resistance in the price range of 1.281 and 1.261. On the H4 timeframe, the EMA 34 is below the EMA 89, indicating that the market structure is tilted to the downside with the lowest retracement around the support zone of 1.262. On the other hand, any daily close above the resistance level of 1.281 and a candle close above both EMAs would confirm a bullish trend with the resistance level of the week at 1.286, which is also the price range before the NFP announcement.
Resistance: 1.281-1.286
Support:1.267-1.262
Trading Signals
SELL GBPUSD zone 1.286-1.288 SL 1.290
BUY GBPUSD zone 1.262-1.260 SL 1.258
1-Hour Chart Analysis GBP/USDVisit fourrades website for more details
The 1-hour chart of GBP/USD shows a distinct bearish pennant pattern forming. The price has been consolidating within this structure, with lower highs and lower lows, indicating a potential continuation of the downward trend. The critical levels to watch are:
Resistance near 1.2720 (upper trendline of the pennant)
Support around 1.2660 (lower trendline of the pennant)
If the price breaks below the lower trendline, it may signal further bearish momentum. Conversely, a break above the upper trendline could indicate a potential reversal or a temporary bullish correction.
GBPUSD UP GBP/USD clings to modest daily gains above 1.2700
GBP/USD breaks its three-day losing streak, trading around 1.2700 during the Asian session on Thursday. This upside could be attributed to the weaker US Dollar as the US Federal Reserve is widely anticipated to implement a more aggressive rate cut beginning in September.
GBP/USD trades below the descending trend line and the Relative Strength Index (RSI) indicator on the 4-hour chart stays near 40 after testing 30 on Tuesday, suggesting that the bearish bias remains intact.
In case GBP/USD confirms 1.2710-1.2700 (Fibonacci 78.6% retracement of the latest uptrend, psychological level align) as resistance, 1.2620 (static level, beginning point of the uptrend) and 1.2600 (psychological level, static level) could be seen as next support levels.
On the upside, the descending trend line aligns as first resistance at 1.2750 before 1.2780 (Fibonacci 61.8% retracement) and 1.2800 (200-period Simple Moving Average).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.
GBPUSDOn the monthly charts we have a long term bearish scenario. After a break of structure, the price hit the demand zone and corrected for the better part of 2023.
Moving down to the weekly charts, we see a mitigation of a previous supply, thereafter there was a reaction to the downside creating a bearish order flow.
On the daily charts, we have correction that seems to have come to an end. We have a bearish bias with no confirmation. We are awaiting for a break of key price levels to confirm our bearish outlook. If that happens, we are targeting the demand at 1.21656.
Should the market break higher, we are awaiting for it to settle at 1.20-1.30 price levels.
GBPUSD - Upside move !!Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I expect bullish price action from here as price rejected from trendline + LZ, as well we have hidden divergence.
Like, comment and subscribe to be in touch with my content!
Sell GBP/USD Triangle BreakoutThe 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 1.2760
Target Levels:
1st Support – 1.2680
2nd Support – 1.2637
Stop-Loss: To manage risk, place a stop-loss order above 1.2834. This helps limit potential losses if the price falls back unexpectedly.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Potential Short Setup for GBPUSDHere are the indicators for a short trade on GBP/USD:
Double Top Formation: A double top pattern has emerged on the 1-hour timeframe, signaling potential bearish reversal.
Volume Spread Analysis (VSA): VSA suggests a high likelihood of price decline, provided the price remains below the double top resistance level.
Target Projection: The target is clearly marked on the chart, with an expected trade completion timeframe within this week.
GU Shorts from 1.28600 back downThis week, GU is expected to align with its bearish trend. Following the recent downside structure break, I anticipate a retracement back up before continuing lower. Once price reaches the 22-hour supply zone, I will look for distribution on the lower timeframe to confirm the continuation of the bearish trend.
If price continues to drop and hits the 9-hour demand zone, I will monitor for accumulation signals to potentially buy back up in the short term, targeting the nearest supply zone. Given the significant liquidity on both sides, I will proceed with caution.
Confluences for GU Sells:
Structure Break: Price has broken structure to the downside, establishing new supply zones.
DXY Correlation: The bullish outlook on the DXY supports the bearish GU bias.
Liquidity: There is substantial liquidity to the downside that remains untouched.
Trend Consistency: Both higher and lower timeframes show a bearish trend.
P.S. I am focusing on sell opportunities this week, as the current trend remains bearish. With minimal news impacting the market, trading conditions appear favorable.
GBPUSD: +1000 PIPS Swing Sell Entry! OANDA:GBPUSD
First expect price to rise towards the previous high, once price reach to that level we can expect it reverse as DXY will likely to bounce back from it's current bearish trend. The full trade can be divided into three phrases first 300 pips and as it follows by setting two another take profit. In total we will aim 1000 pips in long term view.
good luck.
GBPUSD I Potentially headed towards support 1.2620Welcome 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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBPUSD - Long active !!Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I expect bullish price action as we have on D1 hidden divergence and on H1 regular divergence.
Fundamental news: Today (GMT+3) we have NFP day in USA, also Unemployment Rate results, news with high impact on currency.
Like, comment and subscribe to be in touch with my content!
GBPUSD Sell | Trade Setup AnalysisGBPUSD is moving in an ascending channel between the trend lines.
The price has reached the resistance level, which has already acted as a reversal point.
We expect a decline.
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.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
GBPUSD Up 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.
British Pound (GBPUSD) is getting close to 2007 crash!!!
CoT index shows Commercials(blue line) are in 3-year extreme low AND Retailers(green line) are in extreme high. Almost every time we are in this situation the asset goes down. The last time was May 2021 you can see what happened afterwards.
This is the CoT indicator of commercials net positions. Commercials net position is getting close to 2007 level where the big sell off took place.
Here is the 5, 10, and 15-year seasonality trends indicating that the market typically reaches a peak around August first. Therefore, it is expected to decline from that point onward.