Possible selling Opportunity for GBPUSDPrice has been extremely bullish. We are approaching a possible supply zone where we may see a reversal for the overextended bullish run. So we prepare for sells. But at the same time, based on Daily swing structure which is bullish, price made a deep pullback into a daily demand zone. So we could actually see this bullish move hold and break above our Supply Zone. Shortby DagemFxStudioUpdated 9952
GBPUSDHello Traders! 👋 What are your thoughts on GBPUSD? The GBPUSD pair has broken its long-term downtrend line. After completing a pullback to the broken level, it is expected to rise at least to the designated target level. Don’t forget to like and share your thoughts in the comments! ❤️Longby HAMED_AZUpdated 9950
GBPUSD Weekly Bearish OutlookGBPUSD on the weekly shows a retracement to previous support after it has broke structure. Will monitor the price as it reacts at the trendline, if it acts as resistance. Price could enter below 1.2 as the next zone.Shortby solfury7759
GBPUSD: 2000+ Pips Buying Opportunity! Dear Traders, Hope you are doing great, we have an excellent buying opportunity on GU which worth up to 2000 pips. Please wait for price to make correction and enter accordingly. Use accurate risk management.Longby Setupsfx_6625
GBP/USD Wedge Breakout (30.1.2025)The GBP/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position around Trendline Of The Pattern. Target Levels: 1st Resistance – 1.2519 2nd Resistance – 1.2571 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you. Longby KABHI_TA_TRADINGUpdated 121227
Bearish reversal for the Cable?The price is reacting off the pivot which acts as an overlap resistance and could drop to the 1st support which is a pullback support. Pivot: 1.2493 1st Support: 1.2241 1st Resistance: 1.2690 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets3316
GBPUSD: A 1300+| Pips Swing Move One Not To Miss! USD has dominated the market which ultimately taking price of some of the pair to record low and at discounted zone. Although, we should wait for price to breakthrough the inducement line and then enter with accurate risk management. Team Setupsfx_ Longby Setupsfx_Updated 2020100
GBPUSD What Next? SELL! My dear friends, Please, find my technical outlook for GBPUSD below: The price is coiling around a solid key level - 1.2426 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.2314 Safe Stop Loss - 1.2491 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 6632
GBPUSD Possible IdeaDue to the pair consistently breaking lows and respecting highs on the daily timeframe, it was then evident that it is over all bearish. It recently broke the latest low on the daily timeframe, where it preceded to form a rising wedge to induce liquidity on both sides withing the daily range. Price has recently broke out of the wedge to the upside to mitigate a supply area just above it. This then could be the liquidity price could use to fuel its move to the downside to take out liquidity below the wedge as well as liquidity resting beneath our most recent low.Shortby BlackTygaTrades2263
GBPUSD → What are the chances of a fall after a FB?FX:GBPUSD is testing the resistance of the downtrend, but the price does not have the strength to go beyond this range. Ahead of the news that can strengthen the downward movement.... On D1, the price is also forming a false breakdown, but relatively important level, thus confirming that the price is still in the selling zone. Ahead is the Fed rate meeting, where the interest rate is likely to remain at the same level. But the most important thing will be Powell's speech. If the official's tone is hawkish, which is the most likely scenario at the moment, the dollar will get support, which may negatively affect the GBP. Technically, the strongest moves occur after false breakouts. Resistance levels: 1.24887 Support levels: 1.2414, 2.2377 A retest of the trend resistance ends with a false breakout and consolidation of prices below the line... A break of the support at 1.2414 will trigger further selling. If there is no unexpected news, the currency pair may fall to 1.224 Regards R. Linda!Shortby RLinda2229
GBPUSD Price can continue to move up Hi traders what's do you think about GBPUSD given suggestion in comments. GBPUSD bullish setup for GBP/USD with a potential buying opportunity around 1.24790, and you’re suggesting a drop to 1.24250 for a more favourable entry. Your resistance zone around 1.27000 also gives you a target lets we see how the price will react. Keep eye on these Levels. Resistance zone 1.27000 Support levels 1.24000 Because fundamental background is strong. GBPUSD Holding to Strong price will Pullback to the resistance Zone. if you like this analysis please support my work and fallow thanks for love. Longby FxJennefir4427
GBPUSD H4 SWING TRENDLINEGBPUSD price has been consistently respecting a trend channel and it's currently on the 3rd retest which is our point of interest. Base on trend analysis and market history the 3rd test of a consistent trendline is a point of interest for most trader, in this case most swing trader will be looking for sell opportunity in the present price level and we will be looking to join the opportunity Shortby FX-gee4419
Weekly CLS, KL - Weekly FVG, Model 1, Bearish StructureWeekly CLS, KL - Weekly FVG, Model 1, Bearish Structure you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Shortby Dave-HunterUpdated 6614
Time to turn around? GBPUSD"That's GBP, the price go up if it's USD" = Central Cee, 21 Savage Looks like these two rappers may be onto something here, reaching the 1.618 resistance, we may see the dollar rise against the pound again causing GBP to continue falling. GBPUSD has currently pierced it's way out of the trend channel, let's see how this plays out.Shortby BeaucoupPipsUpdated 1110
GBPUSD will Bulls Run with it?GBP/USD Technical Analysis - Resistance: Price encountered resistance around 1.2500 on the daily timeframe. - *Note:A rejection at this level could signal a reversal or consolidation before further movement. - Bearish Scenario: Close below 1.2425 → Target: 1.2302. - Note: A break below 1.2425 would suggest a continuation of the downtrend, opening up the path toward lower targets. - Bullish Scenario: Break above 1.2528 → Target: 1.2577, then 1.2700. - *Note:* A close above 1.2528 would suggest a shift in momentum, possibly leading to an extended rally toward 1.2700. H4 Support Levels: - Key Support 1: 1.2444 (currently being tested). - *Note:* Holding above this level suggests continued bullish momentum. A rejection here could lead to a bounce or consolidation. - Key Support 2: 1.2352 (major hurdle). - *Note:* A significant level. If broken, this could signal deeper bearish moves. - Bearish Trigger:** Close below 1.2444 → Potential move to 1.2345. - *Note:* A close below this support could shift the trend to bearish, with 1.2345 being the next major support. Key Levels to Watch: - 1.2425 for bearish confirmation (if price closes below). - 1.2528** for potential bullish breakout towards 1.2700. Note: Watch for price action around these levels for clearer directional signals in the coming days.Longby J_Ngatia228
GbpUsdHere we see clearly bullish momentum in H1 and now we need a retracement to 50 or 61.80 fibo zones and any bullish candles to take a Buy, lets see... GL..Longby drittonUpdated 116
GBP/USD SHORT FROM RESISTANCE Hello, Friends! We are going short on the GBP/USD with the target of 1.233 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals117
GBP/USD beautiful reaction to 4HR imbalanceHigh Time frame move was the fill of this imbalance on the 4HR, also seeing the wick rejection to the upside. Today there were many other strong confluences scaling down into the lower time frames, where I took a short down to previous low resistance liquidity lows.Shortby OF110207114
GBPUSDThe current Daily Current Market Price for GBPUSD is 1.23945. Reason for Entry: The support level at POI with 1h confirmation. indicating a strong buying opportunity. This level aligns with significant technical support, suggesting potential upward movement.Longby learningportal115
DeGRAM | GBPUSD seeks to exit the channelGBPUSD is in a descending channel above the trend lines. The price is moving from the lower boundary of the channel. The chart has approached an important resistance level, which coincides with the 50% retracement level. We expect the growth to continue in case of successful consolidation above the resistance level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Longby DeGRAM335
GBP/USD Buy Opportunity: Riding the 3rd Wave Uptrend The GBP/USD currency pair is currently presenting a potential buy opportunity as it appears to be in the middle of a 3rd wave uptrend—a strong impulsive move according to Elliott Wave theory. This article highlights the setup, entry, target, and stop-loss levels, with supporting technical reasoning. Market Overview The GBP/USD has been trending higher over the past few sessions, with strong bullish momentum indicating the development of an impulsive Elliott Wave structure. Based on recent price action and Fibonacci projections, the pair is currently in the 3rd wave, often the most powerful and extended wave in a 5-wave sequence. Current Price Action: The pair recently broke above key resistance levels, confirming the bullish structure. Fundamental Drivers: Hawkish expectations for the Bank of England (BoE) and signs of USD weakness amid a dovish Federal Reserve outlook are providing fundamental tailwinds. Buy Setup To capitalize on this uptrend, the following trade setup is recommended: Entry Level: 1.2400 This level aligns with minor support based on a previous breakout zone and Fibonacci retracement levels. Buyers can aim to enter around this area, where the market could resume its upward trend. Stop-Loss: 1.2344 The stop-loss is placed just below the most recent swing low, protecting the trade against invalidation of the bullish structure. This level is key because a break below would indicate a potential shift in sentiment. Target Level: 1.2556 The target is derived using Fibonacci extensions of the previous wave 1 and wave 2 structure. The 161.8% Fibonacci projection aligns with this level, reinforcing its significance as a likely resistance zone. Elliott Wave Analysis Wave 1 and Wave 2 Completed: GBP/USD formed a clear impulsive wave 1, followed by a corrective wave 2, which retraced approximately 61.8% of wave 1—typical behaviour for wave 2. Wave 3 in Progress: The current price movement shows strong bullish momentum characteristic of a 3rd wave. Volume and price acceleration further confirm this scenario. Fibonacci Projections: The 161.8% extension of wave 1 predicts a potential wave 3 target near 1.2556. Retracement levels between 38.2% and 61.8% of wave 2 suggest 1.2400 as a key entry zone. Risk-to-Reward Ratio This trade offers an excellent risk-to-reward profile: Risk (Stop-Loss): 56 pips (1.2400 - 1.2344) Reward (Target): 156 pips (1.2556 - 1.2400) Risk-to-Reward Ratio: ~1:2.8 This favorable ratio makes the trade attractive to swing traders and position traders alike. Conclusion The GBP/USD presents a compelling buy opportunity in the middle of a 3rd wave uptrend, with the potential to reach 1.2556. Traders can look to enter around 1.2400 with a well-defined stop-loss at 1.2344 to limit downside risk. The trade aligns with both Elliott Wave and Fibonacci principles, offering a high-probability setup with a strong risk-to-reward ratio. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please perform your own due diligence before entering any trades.Longby TheSignalService225
GBPUSD let it fly We are looking for another +300-400pips more gain here and looking for 1.28 to hit. the pump started from supports as we mentioned: DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚Longby MMBTtrader114