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Gbpusdtrade

GBPUSD: Dollar steadies after falling overnight, nonfarm payrollThe dollar index and dollar index futures were both steady in Asian trading after falling 0.6% in overnight trading. Pressure on the USD comes from a strong yen, while Fed Chairman Jerome Powell reiterated that the bank will not raise interest rates further. However, the outlook for the dollar remains upbeat thanks to the prospect of a Fed rate cut being pushed back to at least the fourth quarter. The focus now turns to nonfarm payrolls data for April, released on Friday, for further signals on the economy and interest rates.
Long
by Chart_MasterPro
Gbpusd confirm signalGBP/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. GBP USD confirm signal
Short
by JohnHarry_7
GBPUSD is Ready to Go Down(➡️RR=2.58)🏃‍♂️ GBPUSD is moving in the 🔴 Resistance zone($1.256-$1.250) 🔴and near the Yearly Pivot Point and 200_EMA(Daily) . 💡According to the theory of Elliott waves , GBPUSD seems to have completed five impulse waves . And now we have to wait for correction waves . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔I expect GBPUSD to continue falling at least to the 🎯Target🎯 I have specified on the chart. -------------------------------------------------------------------------- GBPUSD 🔴Position: Short ✅Entry Point: 1.2555 USD (Limit Order) ⛔️Stop Loss: 1.2600 USD 💰Take Profit: 1.2439 USD👉Risk-To-Reward: 2.58 ⚠️Please don't forget to follow capital management. ⚠️Please pay attention to the style of opening the position. -------------------------------------------------------------------------- GBPUSD 🔴Position: Short ✅Entry Point: 1.2504 USD (Stop Limit Order) ⛔️Stop Loss: 1.2552 USD 💰Take Profit: 1.2439 USD👉Risk-To-Reward: 1.35 ⚠️Please don't forget to follow capital management. ⚠️Please pay attention to the style of opening the position. -------------------------------------------------------------------------- British Pound/ U.S.Dollar Analyze ( GBPUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
1
GBPUSD I Swing short opportunity from the weeklyWelcome 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!
Short
by BKTradingAcademy
3
GBPUSD - Confluence for sell ✅Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect we can see here bearish price action after a rejection from trendline + liquidity zone + FIBO 0.618. Fundamental news: This week is full of news in USA, on Wednesday (GMT+3) we have Funds Rate + FOMC and of Friday (GMT+3) Unemployment Rate + NFP. All these news have high impact on USD, so pay attention to the results in order to validate the analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
GBPUSD SELL | Idea Trading AnalysisHello 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. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
5
GBP USD long 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. GBP USD confirm signal
Long
by JohnHarry_7
GBP/USD Reversal Analysis: Potential Reversal at Near-Term SuppoThe GBP/USD currency pair has shown signs of potential reversal as it approaches a critical support level. A detailed analysis suggests that a bullish reversal may be imminent. Technical Analysis: Support Level: The pair is currently approaching a significant support level, indicating a potential area for a reversal. This support level has historically shown resilience and could act as a launching pad for a bullish movement. Bollinger Bands: The Bollinger Bands indicator also suggests a potential reversal, with the price approaching the lower band. This could indicate oversold conditions and a possible bounce back towards the upper band. RSI (Relative Strength Index): The RSI is showing signs of divergence, with the price making lower lows while the RSI is making higher lows. This divergence often precedes a reversal in price direction, adding weight to the bullish case. Trade Recommendation: Entry: Consider entering a long position near the support level, ideally after confirmation of a bullish reversal pattern such as a bullish engulfing candlestick pattern or a bullish divergence on lower time frames. Stop Loss: Place a stop loss below the support level to manage risk in case of a breakdown. Target: The initial target could be set at a resistance level or a previous swing high, with potential for further upside if the bullish momentum strengthens. Disclaimer: Trading forex involves substantial risk of loss and is not suitable for all investors. The analysis provided here is for informational purposes only and should not be construed as investment advice or a recommendation to trade. Always perform your own due diligence and consult with a qualified financial advisor before making any investment decisions. Past performance is not necessarily indicative of future results. Trading carries risks, and it's essential to only trade with capital you can afford to lose.
Long
by Maven_Trader24
GbpUsd- Correction could offer us a good sell entryIn my post from last week regarding FX:GBPUSD , I mentioned my anticipation of a drop below the 1.25 support zone, along with an expectation for a continuation of the downtrend by 500 pips. These expectations remain unchanged. Moreover, with recent inflation data released from the UK surpassing expectations, there's a possibility of a relief rally being triggered. I plan to capitalize on this correction by initiating short trades, primarily focusing on levels above 1.25. A deviation from this outlook would occur with a daily close above 1.2650. As previously stated, my medium-term target for GBPUSD is the 1.2 zone.
Short
by Mihai_Iacob
3
GBP USD chartGBP/USD declined toward 1.2450 in the American session and erased a large portion of its daily recovery gains. The USD continues to outperform its rivals following the better-than-forecast data and doesn't allow the pair to preserve its recovery momentum. Bears have pushed the pair back to the bottom of the monthly descending channel, at 1.2440, which is being tested at the moment. Last Friday’s low is right below there, at 1.2430. A clear break of that support area clears the path towards 1.2370. Further down there is no support until 1.2220. On the upside 1.2505 level should be cleared to advance towards 1.2565, where an unmitigated order block may provide a fresh boost for bears GBP USD confirm signal
Short
by JohnHarry_7