GBPUSD Analysis H4Here is my analysis for GBPUSD on H4 by using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Gbpusdtrade
GBP/USD potential sell set-up: +310 Pips Dear traders, after the FOMC event yesterday, GBP/USD pulled back from
the highs. If we look at the daily chart, GBP/USD has not managed to break
the resistance level so far.
So, we can continue to look at the price action for a couple of days. In case
price doesn't break the resistance level and we see the formation of bearish
candlesticks in the resistance level, selling GBP/USD@1.2680-1/27 with
SL above resistance and TP at 1.2350 would be a potential sell set-up .
GBPUSD | Cup and handle Entry for buy at the breakout of the level. As cup and handle pattern is formed. Wait for the breakout and then buy.
GBP/USD Analysis : Sell after FOMC?Dear traders, as I mentioned in my previous idea GBP/USD is slowly
moving towards the 1.2680 resistance level.
So, it would be better to wait and watch the price action at this level before
executing any trades. Also, keep in mind that we have the FOMC event
later in the day which could lead to a lot of volatility in GBPUSD pair.
In case we can see the formation of bearish price action at the resistance
level, selling GBP/USD@1.2680 with SL above resistance and TP at 1.2350
is a potential sell plan . Keep in mind this set-up is speculative and it will
depend on price action whether this trade is executed or not .
GBPUSD Ready To ShortGBPUSD create a triple top pattern And anticipated short from 1.265xx to 1.237xx to 1.164xx in the long run.
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 Short Trade Opportunity in GBP/USD - Targeting DownBased on analysis, an intriguing opportunity has surfaced for a potential short trade in the GBP/USD currency pair. The suggested entry level for sellers is at 1.26100. 📉💰
To maximize profit potential, three take-profit levels have been identified:
🎯 Take Profit 1 (TP¹): 1.25800
🎯 Take Profit 2 (TP²): 1.25500
🎯 Take Profit 3 (TP³): 1.25200
These targets aim to capture the expected downward momentum in the market. 🎯💥
To manage risk, it is crucial to set a stop-loss (SL) level at 1.26700. This will help safeguard against potential adverse price movements. 🛡️⚠️
It is important to note that market dynamics can change unexpectedly, so it is vital to stay alert and adapt your trading strategy accordingly. Use your own discretion and adjust the stop-loss and take-profit levels based on your risk tolerance and trading plan. ⚙️💪
Successful trading requires careful analysis, effective risk management, and disciplined execution. Wishing you the best of luck and successful trades! 📊💼✨
#TradingView #GBPUSD #ShortTradeOpportunity #TakeProfitTargets #TechnicalAnalysis #MarketAnalysis #RiskManagement #TradingStrategy #ForexTrading
GBPUSD 13June2023if you look at the existing curves, there is indeed a possibility for prices to continue to bullish to the SnD area, my analysis still hasn't changed. I still see this pair in a correction period. the upper limit is the invalid area, as long as the price does not rise more than the invalid area, it is better to look for opportunities to short.
Best level to sell GBP/USD + 220 Pips potentialDear traders, despite yesterday's 100 pips fall which gave us a good profit
of 87 Pips on our sell trades, GBP/USD has managed to recover.
If you are planning on selling GBP/USD, I would recommend you to wait for a better
entry. Keep in mind that a perfect entry is crucial to ensure your trading strategy
is profitable.
So, if GBP/USD reaches 1.2675 level and bearish price action forms, traders can
consider selling GBP/USD@1.2675 with SL above resistance and TP at 1.25
GBPUSD 12June2023the price responded well to the SnD area and now it is back to bearish, we need to wait for some confirmation to confirm if wave b is complete. the short term target is to the trendline area and if the price continues to drop then we can prepare to short when there is a retrace.
GBPUSD - Long for a new high ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for longs. I expect price to reject from bullish order block + institutional mid figure 1.24500. My target is new high.
Fundamental analysis: This week we have a lot of important news on USD & GBP, so pay attention to the results of those news in order to validate the analysis.
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GBP/USD Price channel analysis, will it reach 1.2450?Dear traders, we can see the formation of a rising channel
in GBP/USD in the 4Hour chart. If you see the chart, we can see that
there is a big bearish impulsive candle after touching the upper trend
line of the rising channel .
So, if this set up holds, expect GBP/USD to fall further and reach 1.2450 .
Therefore, sellers can take advantage of this and consider potential
short trades in GBP/USD
GBP USD BUYWait for price to reach the killer zone and look for that price moment in smaller timeframe or just a large wick candle formed in 1hr and take trase
GBPUSD 1:4 TradeGBPUSD 1:4 Beast Trade
1) Uptrend
2) Breaking Their Resistance
3) Good Fundamentals of GBP because of Positive GDP growth Rate
4) USD can be weak this weak because of CPI coming on Tuesday
5) 200EMI is below the Price
Best and Simple trade
GBPUSD Trade for June 12 -16This is my simple trade for next week - GBPUSD
Need confirmation before taking short when price hits the OB.
GBPUSD SHORT on hawkish FEDDollar climbs on expectations of a still hawkish Fed
The dollar has been boosted by the release of forecast-smashing U.S. jobs figures, prompting U.S. Treasury yields to soar as a robust labor market coupled with stronger-than-expected print on the Fed’s preferred inflation index earlier in May pointed to the U.S. central bank keeping interest rates higher for longer.
The Fed meets next week and expectations of another rate increase are rising, particularly given the growing hopes the U.S. economy is headed for a 'soft landing' after Congress's approval last week of a debt ceiling deal that averts U.S. default.
The Fed enters its traditional blackout period this week, but there is more data to digest, including the ISM services PMI later Monday, which is expected to point to a still solid rate of expansion.
Bears on the prowl at resistance
GBP/USD started the week off by dropping below 1.24, approaching a two-month low of 1.2306 reached on May 25th, as investors perceive a narrowing interest rate gap between the US and the UK. However, the Pound recovered those losses on the back of the weaker US dollar and data that put the Fed back into the spotlight on a dovish tip.
Technically this leaves GBP/USD in no-man's-land, treading water at the top of a 100-pip box as follows:
The bias is therefore bearish while below the counter-trendline and with in-the-money longs a target for the bears for the sessions ahead. However, a break of the resistance around 1.2450 exposes 1.2500 resistance:1,23500
#GBPUSD-700+ SELLING SETUP❤️TRADERS, we still believe GBPUSD price will come to this region before it start dropping heavily, let's not miss out on this great opportunity. Price dropped recently due to bullishness of the DXY though next week NFP is our target. Which will help a lot.
Like and Share.
Thanks all, as always ❤️
GBP/USD hourly chart analysis, possible sell entry?GBP/USD may slide back to the 1.2460 level if the current resistance at 1.2560 doesn't break.
Check out the chart image. In case of a false break or rejection candlestick in the highlighted level,
we can consider sell entries.
GBP/USD in consolidation, best level to buy +240 PipsDear traders, GBP/USD is currently in consolidation mode. The price action
is neutral at the moment which is why it would be unwise to buy or sell
at the current price level.
However, the level 1.2310 is very important as it is the confluence of the
100-day EMA and previous bounce point. So, if price dips to the said level
and we see formation of bullish price action, traders can go long in
GBP/USD@1.2310 with SL below 1.2250 and initial TP at 1.2550 .
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish.
- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2900 LEVEL. Before that, you can SELL at 1.2355 LEVEL. So go to GBPUSD SELL ENTRIES.
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 Strong correction before the declineHi, According to GBPUSD Market Analysis. There is a high probability of further decline. With the pair retreating from a very strong resistance at the level of 1.25500, and a strong correction of the golden ratio of 0.61%. We also notice a downward channel. The price has broken the upward trend. in green, as shown in the analysis. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
GBPUSD Sell TF H4. TP = 1.2259On the 4-hour chart the trend started on May 11 (linear regression channel).
There is a high probability of profit. A possible take profit level is 1.2259
But do not forget about SL = 1.2551
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Good luck!
Regards, WeBelieveInTrading
