A Sell to Buy for the GBPUSDFor the GBPUSD, I'm looking at this nice sell to buy set up.
I'm looking at the demand zone at 1.2600s pushing price further up to 1.29350s
Gbpusdsignal
GBPUSD Bearish Breakout and Retesting doneGBPUSD Bearish Breakout & Retesting done as you can see in chart H1. Take sell accordingly.
GBPUSD Analysis H4Here is my analysis for GBPUSD on H4 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPUSD | Perspective for the new week | Follow-upExciting times are ahead for the Pound Sterling as it makes a strong recovery during the second half of the previous week, soaring near 1.27800! The market sentiment is on the rise, and the Bank of England (BoE) is signaling a hawkish stance on interest rates, giving the GBPUSD pair even more room to climb higher. The recent interest rate decision saw a 25 basis points increase to 5.25%, fueling the optimism for further gains.
In contrast, the US Dollar is facing some headwinds following the release of the US July jobs report, which showed a lower-than-expected increase in Nonfarm Payrolls with only 187,000 new jobs. This has given the Pound Sterling an added boost and raised hopes for continued momentum in the upcoming week.
Of course, investors are keeping a close eye on developments as they also process the implications of Fitch's downgrade of the United States government's long-term debt rating. This could have far-reaching effects on the cable market, adding to the intrigue and excitement.
GBPUSD Technical Analysis:
Will the pound find solid support at $1.27000, or are we heading towards a potential breakdown and a possible sell-off? The stakes are high, and we're on the edge of our seats!
The spotlight is on high-impact economic events from both the UK and US dockets, including the Consumer Price Index, Gross Domestic Product, Producer Price Index, and Consumer Sentiment Index. Brace yourselves as these events may trigger sharp price movements that could present incredible trading opportunities.
In this video, we've analyzed the Daily and 4-hour timeframes, meticulously exploring bullish and bearish sentiments to uncover the most promising trades for the week ahead. We've delved into key levels, trendlines, and support/resistance points, unveiling essential insights into the current market structure.
Keep a close eye on that critical confluence at $1.27000, where an ascending trendline intersects in the Daily timeframe. It's a decisive moment where both sellers and buyers are vying for control, and how the market reacts here will set the course for GBPUSD in the upcoming days.
Stay connected and join the conversation in the comment section to stay updated on the latest developments. Thank you for tuning in, and get ready for more enlightening insights into GBPUSD in our upcoming content. Buckle up for a thrilling journey ahead! Happy trading!
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Please note that past performance is not necessarily indicative of future results
GBPUSD ____ TRADE IDEA FOR DAY TRADERSHello Day Traders,
What you can see is a sell setup on GBPUSD... Looking at the daily timeframe, you would notice that this pair is bearish in structure... Although the bullish rally is drawing closer, it is always advised you trade what you see not what you want the market to do.
The daily chart shows that there is likely to be another daily bearish candle and looking at the 1-hour timeframe, it is clear that we have sell-side liquidity to sweep. It would be nice to see if price will trade into the order block before going to sweep the sell-side liquidity.
Once price trades into the order block and there is confirmation in market structure shift from bullish to bearish, the target would be to hunt the sell-side liquidity as marked on my chart.
Follow for more updates like this.
Cheers,
Jabari
GBPUSD and EURUSD 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: Another Bull Push!Dear Traders, hope you are doing great, we have update on GBPUSD, price is still in bullish range. View on DXY is bearish alongside GBPUSD has formed AB=CD pattern indicating a further upward movement.
GBPUSD trigger for sellthis is my trigger and positions with two different stop loss and two different take profit. One of them is for 15 min time frame and the other is for 1H time frame.
please check the main analysis from GBP. there are all information about this analysis.
GBPUSD Bearish Bias! GBP-USD is trading in a
Downtrend and the pair
Will soon retest a resistance
Cluster of the falling and
Horizontal resistance levels
At around 1.28060 and from
Where I will be expecting
A move down!
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 Analysis 7Aug2023Based on my analysis, it seems probable that the price of retest area SND will continue to trend bearish this week. This is because there is currently no dominant Bullish candle in sight.
DeGRAM | GBPUSD buying opportunity from confluence levelGBPUSD is trading in an ascending channel.
The price broke and closed above the psychological support level of 1.27000.
Price action printed the head and shouleder pattern, and it's creating an AB=CD pattern as well.
We expect a buying opportunity at the confluence level: bullish harmonic pattern, fibo golden zone, and psychological level.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
GBPUSD Bullish IdeaGBPUSD Daily Momentum is Bullish But H4 Pullback was Expected till this POI Zone as Highlighted.
Lets Wait MSS at M5 or M15 and then Find Entry.
GBP analysis The pound has different conditions compared to gold and the euro. I don't think we will see a new bottom. Because the pound is still in an upward trend and we have not seen a structural failure and we are still in an upward trend in a higher time frame. unless the red block order, which is the last floor, is broken and the price is below this block close order. So we can look for the right range for buying positions in lower time frames.
GBP/USD 4h Analysis: Sterling's Dance with the DollarGBP/USD Analysis: Sterling's Dance with the Dollar
The GBP/USD currency pair, often referred to as "Cable," represents the exchange rate between the British pound (Sterling) and the US dollar. As of August 6, 2023, the pair stands at 1.2748, reflecting the current market sentiment and economic factors influencing both currencies.
Recent Market Movements:
The GBP/USD has shown resilience, bouncing back from recent lows, with technical indicators like the doji candlestick pattern suggesting potential bullish momentum.
Surprises in the U.S. jobs report have propelled the GBP/USD rate above the 1.27 mark, indicating a positive sentiment towards the pound in the face of strong U.S. economic data.
Economic Indicators:
The Bank of England's recent rate hike has stirred discussions in the forex community, with some analysts suggesting that this move could bolster the pound in the short term.
On the other hand, the U.S. Non-Farm Payrolls (NFP) data remains a critical factor for the dollar, with any surprises potentially causing significant fluctuations in the GBP/USD pair.
Technical Outlook:
The GBP/USD pair has been hovering around the 1.2730 area, a critical resistance level. A sustained break above this level could pave the way for further bullish momentum.
However, some analysts remain cautious, highlighting the bearish potential for the pair in the upcoming week.
Conclusion:
The GBP/USD currency pair remains at the mercy of economic indicators, central bank decisions, and geopolitical events. While recent data suggests a bullish momentum for the pound, traders and investors should remain vigilant, considering the ever-changing dynamics of the forex market. As always, staying informed and consulting with financial experts before making any investment decisions is essential.
GBPUSD : Long Trade , 1hHello traders, we want to check the GBPUSD chart. The price has broken a downward channel to the top and is currently in an upward channel. The price has pulled back to the specified key level and we expect this level to play the role of a support level for us and maintain the upward trend of the price. If the price rises, the first target we expect is 1.28000 and if the price If it breaks this level, the next target will be 1.28700. Good luck.
