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.
Gbpusdsignal
GBPUSD, Time for upward correction ?Hello Traders hope you are doing great.
for upcoming days, I think we'll probably see an upward correction to specified dashed line, we also have a regular divergence on 4H time frame and a Hidden Divergence on Daily.
so with a proper trigger, we can open a long position.
and finally tell me what do you think ? UP or DOWN ? Leave your comment Below.
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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.
POTENTIAL TRADE SETUP ON GBPUSDPotential Trade Setup on GBPUSD
The price broke out of a strong resistance trendline which happen to keep the bearish move steady. However, the current resistance zone is holding the price down from further bullish run.
The price is developing, and I am waiting for either a break above the resistance and retest of that zone to take a a BUY trade, or Alternatively if the price drop further downside move, then a SELL trade is good to go.
You may find more details in the chart!
Thank you and Trade Responsibly!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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.
GBPUSD Analysis Week 32Fundamental Analysis
GBP/USD ended the trading week with a last-minute win after the US Non-Farm Payrolls (NFP) missed expectations, sending the greenback lower across the board.
The pound fell this week after the Bank of England (BoE) delivered a 25 basis point interest rate cut on Thursday morning, while US jobs data provided further warning signs that the US economy may be contracting faster than investors initially expected.
The US will see the ISM Manufacturing Purchasing Managers’ Index (PMI) for July on Monday. On the UK side, BRC Retail Sales for the year ending July are expected to rebound to 0.3% after a -0.5% decline in the previous period.
Technical Analysis
GBPUSD forms a wide range after the NF announcement with the nearest support resistance in the range of 1.286 and 1.270. On the H4 timeframe, EMA 34 is below EMA 89, indicating that the market structure is leaning towards a bearish trend with the lowest retracement around the support zone of 1.262. On the other hand, any daily close above the resistance level of 1.286 and candle close above both EMAs confirms an uptrend with the weekly resistance peak at 1.294
Resistance: 1.286-1.294
Support: 1.270-1.262
Trading Signals
BUY GBPUSD zone 1.262-1.260 Stoploss 1.258
SELL GBPUSD zone 1.294-1.296 Stoploss 1.298
GBPUSD I Daily trend line broken and price below 50 MAWelcome 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.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
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.
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DeGRAM | GBPUSD correction completionGBPUSD is moving in an ascending channel between the trend lines.
The price has already reached the lower boundary of the channel and the support level coinciding with the 78.6% retracement level.
We expect the pair to continue rising after retesting the channel boundary and breaking the dynamic resistance.
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DeGRAM | GBPUSD pullback from the channel boundaryGBPUSD is moving near the upper boundary of the ascending channel, between the trend lines.
The price is under the resistance level.
The chart returned to the channel after an unsuccessful breakout of the channel and resistance level.
We expect a decline after a retest of the upper boundary of the channel.
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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 - 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.
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GBPUSD ( CORE PCE PRICE INDEX) ( 4H )GBPUSD
HELLO TRADERS
Tendency , the price inside two turning level around 1.287 & 1.285 .
TURNING LEVEL (1) : the price of this level at 1.287 , so if the price breaking this level reach a resistance level (1) .
TURNING LEVEL (2) : the price of this level at 1.285, so if the price breaking this level reach a support level (1) .
RESISTANCE LEVEL (1) : this level around 1.293 , for reach this resistance level the price need breaking a turning level (1) .
RESISTANCE LEVEL (2) : around 1.303 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 1.279 , for reach this support level the price need breaking a turning level (2) .
SUPPORT LEVEL (2) : support level at 1.269 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : currently price 1.286 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1).
TARGET LEVEL :
RESISTANCE LEVEL : 1.293 , 1.303 .
SUPPORT LEVEL :1.279 , 1.269 .
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.
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XAUUSD 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 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.
GbpUsd- Back above 1.3?In my previous GBP/USD analysis, I highlighted the important 1.2850 support zone.
Yesterday, the pair fell below this support; however, sellers couldn't push the price down significantly, and a strong floor was found at 1.28.
The recent drop from above 1.3 appears corrective in nature, overlapping and resembling a falling wedge with a false break below support.
Considering yesterday's price action, I anticipate a reversal.
Confirmation of this reversal comes if GBP/USD moves above 1.2870. In that case, we can consider 1.28 a low and expect the price to continue rising back above 1.3.
GBPUSD - Long from bullish order block !!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 wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
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