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. 📉✅
Gbpusdsignal
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. Price rejected from bullish OB + level 1.31000, as well we have hidden divergence.
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GBPUSD → Trade Analysis | SELL SetupYou can expect a reaction in the direction of selling from the specified resistance zone
GBPUSD moving higher as it tests the strong resistance level..
We expect a bearish move from the confluence zone.
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.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
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DeGRAM | GBPUSD the price will continue to declineGBPUSD has dropped below the ascending channel and trend lines.
The chart has broken the ascending structure.
The price dropped under the support level.
We expect the continuation of the decline after retesting the resistance level.
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KOG's RED BOXES - GBPUSD
GBPUSD – 4H
1.3144 break above for 1.35080
1.33263 break below for 1.32153
Have a look at the previous pinned posts on Red boxes to familiarise yourself with how they are so effective in keeping traders the right side of the markets.
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As always, trade safe.
KOG
GBP/USD Set for a Significant Break: Eyes on 1.3500 and BeyondAfter correcting from 1.3267 and testing the technical and psychological level at 1.3000, GBP/USD has started to rise again in a steady and stable manner. The pair encountered resistance just above 1.3400 and has dropped twice from that level.
However, each time, it formed a higher low and quickly reversed back toward the resistance. This pattern suggests an imminent breakout, which I expect to happen either today or by Monday.
If the breakout occurs, the next target could be the psychological level at 1.3500, followed by the technical resistance around 1.3650.
DeGRAM | GBPUSD decline from resistanceGBPUSD is moving under an ascending channel, between trend lines.
The chart has already consolidated under the channel, reached the resistance level and the upper trend line, which has already acted as a pullback point.
The price is under the 50% retracement level of the last bullish impulse.
We expect the decline to continue.
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DeGRAM | GBPUSD pullback from resistanceGBPUSD is moving between trend lines under an ascending channel.
After reaching the resistance level, the price started a pullback and dropped under the lower boundary of the channel.
We expect the pullback to continue.
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GBPUSD Technical Analysis and Trade Idea👀 👉 GBPUSD has been bullish recently; however, the price appears overextended and is trading near a resistance level. If today’s USD data release supports a weaker USD, there could be an opportunity to buy GBPUSD.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results. Please conduct your own research or consult with a professional before making any trading decisions. 📊✅
gbpusd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DeGRAM | GBPUSD pullback from resistanceGBPUSD is moving in a local upward channel between the trend lines.
The price has already reached the upper trend line and resistance level and then reacted with a sharp decline.
We expect a pullback.
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GBPUSD and GBPJPY 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.
EURUSD and GBPUSD Top-down analysis Hello 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.
gbpusd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPUSD swing sell idea(1:7-1:15RR)GBPUSD has been bullish for a while, mainly because of the weakened dollar, which has been falling for a whole month. As the US Presidential election is getting closer, we expect the dollar to be bullish until then, as potential rate cuts are coming soon. The structure on GBPUSD has turned bearish, with multiple fundamental indicators like VWAP and Fibonacci levels have been respected. Our first TP target is 1.30 for 200 pips. Will update weekly.
As always trade safe and expect the unexpected.
Fractals Trading Community,
Mei
GBPUSD Analysis Week 38🌐Fundamental Analysis
The GBP/USD pair attracted some dip buying on the first day of the new week amid relatively weak trading conditions due to holidays in China and Japan. The spot price is currently trading around the 1.3135-1.3140 region, up more than 0.10% on the day and still near a one-week high hit on Friday amid prevailing US dollar (USD) selling.
The USD Index (DXY), which tracks the greenback against a basket of six currencies, is hovering near its yearly low set in August amid expectations of a more aggressive easing policy from the Federal Reserve (Fed).
In addition, a generally positive risk tone further undermines the greenback’s relative safe-haven status. On the other hand, the British Pound (GBP) benefits from expectations that the Bank of England (BoE) will ease policy less than the Fed next year. However, the market is still betting on more BoE rate cuts, especially after data released last week showed a slowdown in UK wage growth and flat GDP for the second month in a row in July. This could deter bulls from placing strong bets on GBP/USD.
🕯Technical Analysis
GBPUSD is approaching last week's peak resistance around 1.322. The early Asian session moves pushed the 1.311 support level into a solid session support as the price pushed back. Deeper Fibonacci retracement levels or the key Dow breakout have created two solid support zones for GBPUSD in the uptrend, namely the 1.299 and 1.290 support zones.
📈📉Trading Signals
SELL GBPUSD 1.321-1.323 Stoploss 1.324
BUY GBPUSD 1.299 -1.297 Stoloss 1.295
GBPUSD / TRADING BELOW SUPPLY ZONE - 4HGBPUSD / 4H TIME FRAME
HELLO TRADERS
currently prices trading below supply zone , it suggest under downward pressure.
If the price remains under 1.319, it is likely to decrease to around 1.304, with a further potential drop to 1.293. For the price to increase and reach new historical highs.
it must break through the supply zone and surpass the all-time high of 1.326. Achieving this would enable the price to rise to 1.333 and possibly even to 1.340.
Turning Level : 1.319
Bearish Reversal in GBP/USD After NFP Data: Key Levels to WatchIn my August 8 analysis, I highlighted the Morning Star pattern, which retested the previous resistance of the broken triangle, signaling a potential reversal to the upside with a target above 1.31 for the next leg up.
As anticipated, the price did reverse, and not only was the target reached, but it was also surpassed.
However, after breaking above the horizontal resistance level, which marked a yearly high for GBP/USD, the pair reversed.
Despite bulls' efforts to regain control, the NFP data provided clarity with a strong bearish engulfing pattern on the daily chart.
At the time of writing, the price is sitting right on the former resistance level, which now serves as support.
A break below this level could lead to further downside movement toward the psychological 1.30 level, and potentially even the 1.2850 technical support zone.
I believe this scenario will play out for "cable," and I'm looking to sell into rallies.
However, this outlook would be invalidated if a new high is achieved.
GBPUSD SELL TF H4 TP = 1.2885On the H4 chart the trend started on Aug. 28 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 1.2885
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading