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Gu

GBPUSD 2/10/23Starting this Monday off with Gu we were left with a very clear bearish swing set up from Friday as we've come into the first session of the week we have been given a bullish impulse to the upside which has signalled to us that we now have a swing below therefore we have a confirmed bearish range we are looking for a low risk counter trend entry for then a bearish continuation to the downside if the bearish continuation does not occur we will hold the counter trend trade for a longer term position of course we have the S&P this afternoon so the narrative of price may change prior to that or during that event.
by PipSurfingSociety
GU - Weekly Timeframe Analysis (ICT)Considering my bullish bias on the DXY, and the currently bearish price action on GBPUSD, I am anticipating price continuing lower with a short-term objective of a Weekly Wick's Consequent Encroachment. Price bottomed off a Weekly Bisi to the tee, and closed above a NWOG at big figure 1.2200, leaving a Weekly Sibi in it's wake. There are 2 areas I am currently looking at for a retracement for a potential continuation to the downside. With price being at an opposing HTF PD Array, I am keen to see how much time it spends consolidating, if at all. 1. The closest Weekly Sibi nested with a Wick of Monthly Bearish Breaker Block (Wick). 2. A Weekly Sibi further up nested with the body of a Monthly Bullish Breaker Block. - R2F
Short
by Road_2_Funded
GU - Weekly Timeframe Analysis (ICT)Based on my DXY analysis, I will be expecting lower prices on GBPUSD. I see a potential short opportunity presenting itself when/if prices retraces back into the 2-Week iFVG/Bisi, using the Monthly Reclaimed Orderblock and Breaker Block as resistance. Only thing I will be wary of is price tapping above the previous week's high before displacing lower, targeting the 2-Week Bisi and NWOG below. With the high-impact news drivers this week, it is my assumption that it will happen with speed.
Short
by Road_2_Funded
2
GBPUSD 10/9/23GU we have a nice counter and a trend setup here with this pair, as a whole we need to look towards our open to tell us if we can trade these moves, short term bullish, long term bearish but of course as mentioned in our earlier mark up we aren't really that clear with our corresponding pairs for example USD is looking like we might be bullish within some pairs and bearish within others, keeping this in mind at our open and within our first Monday sessions. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by PipSurfingSociety
GBPUSD 2/9/23Final pair for this Sunday evening is GU now as per our other USD related pairs we can see the news range clear as day, this again is a very telling sign as to what we want price to do within this range but as always we are not going to jump in head first, and we are using the new POI as we always do with caution! Iam overall thinking we are most likely going to see a bearish shift, il only be entering with less risk and a confirmed entry point. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by PipSurfingSociety
GU One More Impulse Up before the carnage beginsGU and the rest of the xxx/usd assets have been forming obvious corrections this month Why is it a correction and not a major top. Well, corrections... 1. begin with very little consolidation (vs peaks that contain big periods of consolidation before reversing). As you can see GU only consolidated for 2 days before coming down. 2. they usually contain 1-3 corrective bounces. We got 1 arguably 2 from this correction I marked the corrective bounces up on the chart. 3. They end with a bottom pattern (usually a double bottom or inverse head a and shoulders) We re looking at a pretty clean inverse head and shoulders...with us being in the process finishing up the second shoulder now. This pattern will lead us to new highs above 1.32 in the coming weeks..before assets peak and with a market downturn that will be accompanied by a recession and possibly a credit event I will publish an Idea for the big short when the time comes. Follow me to make sure you don't miss that and other big opportunities coming. Thanks!
Long
by Brenvest
GBPUSD 20/8/23GU being our second pair this week iam looking for this to show us a bearish open and then head higher into our first session of the week, we will be looking for our ASIA and LDN interaction to see if we can pick up and early entry on this overall bullish move that GU has given us following Fridays very slow session. So we have a good amount of confirms for this trade including a high volume POI and bank zone within our POI, this lines up with our EURUSD markup so we are going to expect this move to be uniform across the 2 pairs. **KEY NOTE** Jackson hole meetings this week that always shake up the markets so please keep an eye on that event! Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by PipSurfingSociety