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Gpbusdforecast

GBPUSD LIQUIDITY GRABlast friday sessions price grab below it fake flag form, Im not expecting a lower price for this pair, see my charts how I explain, if youre a smc I think you understand also what is protected orders, not taking a OB it doesnt mean price would go to respected OB, its been a discussions on how trading works and how this idea might be invalid for most of the smc traders. This is only my view, last friday price grab below. This is not a financial advice either. FOllow for more. Give a like if you think its good. give a comment if you have another view, I will appreciate what is your insights!
Long
by D1GITALTRADES
2
GBPUSD SHORT TRADE 305 PIPS READ DESCRIPRIONThe analysis for GBP/USD suggests that the currency pair is currently at a significant support level, which it has respected historically. This support level has been pivotal in guiding the price action of GBP/USD, with previous resistance having converted into support. The main support area is identified between 1.25350 to 1.25900, indicating a critical zone where buyers have historically stepped in to defend the price from further declines. Examining the data from big players and investors reveals a predominantly bullish sentiment, with 66% net long positions and 34% net short positions. The number of traders net-short has decreased by 24.98% from the previous week, indicating a reduction in bearish sentiment among traders. Retail trader data also shows a slight bias towards long positions, with 50.21% of traders being net-long on GBP/USD. This sentiment has remained consistent since March 01, suggesting a sustained bullish outlook among retail traders. From a technical analysis perspective, GBP/USD exhibits low volatility, with an Average True Range (ATR) of 0.01 and a total intraday range of 151.6%. Additionally, there is bullish divergence observed in the 15-minute timeframe, indicating a potential reversal of the current downtrend. The proposed long trade aims to capitalize on the bullish sentiment and the support level respected by GBP/USD. With a target of 305.7 pips and a profit potential of 2.43%, traders seek to benefit from potential upward movement in the currency pair. Risk management is emphasized to protect capital, ensuring that traders adhere to their risk tolerance levels and adjust position sizes accordingly. In summary, the analysis suggests a bullish outlook for GBP/USD, supported by historical support, investor sentiment, and technical indicators. Traders are presented with an opportunity to enter a long trade, with the understanding of managing risk and seeking potential profits. Communication is encouraged to address any confusion and to facilitate a better understanding of the market dynamics.
Long
by MOAZAM1133
The US dollar has fallen and has continued to decline since lastThe dollar fell slightly in early European trading on Monday, extending last week's losses to a six-week low after the Federal Reserve became less hawkish. At 03:20 ET (8:20 p.m. Japan time), the dollar index, which tracks the U.S. dollar against a basket of six other currencies, fell more than 1% last week, the biggest decline since the middle of last year. It fell 0.1% to 104.782. . The dollar has fallen since last week's Federal Reserve policy meeting, when the central bank issued dovish signals about further interest rate hikes. That trend was reinforced by Friday's official jobs report, which showed that U.S. nonfarm payrolls grew less than expected in October. This data suggests that the U.S. labor market is cooling. This was the main reason the Fed took a hawkish stance this year. Federal funds futures suggest there is about an 85% chance that the Fed will complete the rate hike cycle and an 80% chance that the rate hike cycle will begin in June. At least nine Fed speakers are scheduled this week, including two appearances by Chairman Jerome Powell, with the second session on Thursday including a question-and-answer session. EUR/USD rose 0.1% to 1.0743, pushing the euro up to levels last seen in September, driven by a weaker dollar rather than stronger regional economies. Which area? German data factory orders rose 0.2% in September, stronger than the expected 1.0% decline, but still a significant decline from August's revised 1.9% increase. Moreover, German housing construction suffered another wave of layoffs in October, according to a study published Monday by the Ifo Economic Research Institute. "The situation is getting worse as more projects fail due to rising interest rates and construction prices," said Klaus Wohlrabe, head of research at Ifo. GBP/USD rose 0.1% to 1.2384, extending last week's strong gains ahead of the UK's fourth-quarter GDP figures due later this week. .
Short
by AstronautPioneer
GBPUSD remains a Buy intraday trendGBPUSD remains a Buy intraday trend In the short term buy intraday in the 1.21600-1.21400 area sl: 1.21000 tp:1.22000-122300 The Hamas-Israel conflict and yields continue to pose a threat to the currency pair ahead of a series of key economic data from the UK and US this week. In the H4 framework, GBP/USD started to rise after testing his 1.2100 support, but the RSI is still stuck below 50, indicating that selling pressure remains strong. If the price closes below 1.2100, sellers will continue to target support at 1.2050 (on the downside from July high to October low) and 1.2000 support. Immediate resistance for buyers lies at the 20-day moving average at 1.2150, then at the 100-day moving average at 1.2180 and 1.2200.
Long
by NicoTradingMaster
1
Bearish On GBPUSDI am bearish because the overall daily trend is a downtrend. Meaning this is a pullback and the overall trend is catching up to the global trend... We have failed to break through this key support level 3 times and we are going for a retest. I am looking for a sell position around 1.26250. I have listed out my first and final TP zones. Let me know what you think ! As always trade safe and manage your risk as I have. I put my SL right above the last swing high to give my trade a little breathing room!
Short
by USBullsBears
2
GBPUSD playing with emotions but looks like it's going upInv Head and Shoulders formed on GBPUSD and the price is breaking above the neckline. This means we can expect the GBP to strengthen against the greenback. This came to a surprise as the price broke below an M Formation. 7>21> 200 RSI>50 Target 1.2598 We need to watch out for the sideways resistance at 1.2429. It seems to be forming a somewhat Box Formation, with confusion in the trend. This is definitely a medium to low probability trade with too many factors showing a sideways move which can fakeout and shakeout different directions. The main reason I am long biased is because the price tested the 200MA, showed a strong level of liquidity and is protecting the bulls.
Long
by Timonrosso
2
GBPUSDHello Guys welcome back, IF YOU LIKE MY IDEA PLEASE GIVE ME A LIKE AND COMMENT THATS WILL BE A BETTER APPRECIATION TO DO MORE PREDICTION Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. GBPUSD IN A RESISTANT ZONE YOU CAN SEE THAT AT THE POINT A, I THINK THERE WILL BE A SELL CHANCE, LET SEE WHAT WILL HAPPEN Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not a Financial Advice. Please support this idea with a LIKE if you find it useful
by Bexi03
GBPUSD Forex cross pair supply and demand analysis forecastGBPUSD Forex cross pair supply and demand analysis forecast, buy opportunities. GBPUSD Forex cross pairs is rallying sharply creating very strong imbalances on the daily timeframes as expected and mentioned in previous long term supply and demand analysis done a few days ago for GBPUSD Forex monthly chart. We were expecting price to rally from that monthly imbalance and that's exactly what is happening on GBPUSD Forex cross pair. Check previous GBPUSD long term supply and demand analysis to learn the exact details of that longer term analysis There are two strong new daily demand imbalances created on GBPUSD Forex cross pair daily timeframe. Only longs area allowed in an uptrend, no shorts allowed, as simple as that. There are only three trading decisions to be made every time we look at a chart, either we buy, we sell or we do nothing. In this case we should be taking action since we have very strong impulse, selling is not possible so the only direction we should be thinking of trading is longs, bullish bias and forecast for GBPUSD Forex cross pair.
Long
by AlfonsoMoreno
1
GU Fib Support Resistance Zones: GBPUSD: June 6These zones are calculated using Fibonacci Ratios of past price moves. The chart is stretched Vertically - Drag the Right side axis to change magnification. There are zones above and below the current window, Drag the Chart up/down to see other zones. Drag bottom axis to the left to magnify the candle size to view close up. Obviously there are more zones closer to the current price. The zones farther away from price will be wider (less precise). As price moves, I will update as new zones are defined by upcoming Fibs. Once price has moves out of the nearby zones, I will Publish a new updated Idea. Hit the Follow button to know when I post updates or new Zone chart.
by EuroMotif