GBPUSD ICT/SMC AnalysisGBPUSD ICT/SMC Analysis , Sell at POI and when in Premium With Low Timeframe confirmations
GBPUSD.1.CSM trade ideas
Bullish rise off 50% Fibonacci support?The Cable (GBP/USD) has reacted off the pivot which is a pullback support and could rise to the 1st resistance.
Pivot: 1.2245
1st Support: 1.2162
1st Resistance: 1.2369
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.
Trump Bullish for USD! Farage Next for GBP?!With the way the media is promoting Nigel Farage more day by day & getting his face out there, I’m starting to think his been ‘selected’ as the next U.K. Prime Minister. They’re drip feeding the idea into the publics head.
Also, with the way the media is releasing more & more race hate content & dividing people, it’ll be ‘completely normal’ when a far right politician into power, as no one will question it or even think to say he had no support behind him. With all the race hate & division content being promoted by the media, we’ll see a lot more aggro against coloured people & immigrants. This’ll be the main factor used to make the public believe Nigel Farage was put into power by the public.
This is just my theory. Let’s see how it pans out!
GBP_USD SHORT FROM RESISTANCE|
✅GBP_USD is going up now
But a strong resistance level is ahead at 1.2362
Thus I am expecting a pullback
And a move down towards the target at 1.2250
SHORT🔥
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DAY 12: Inauguration Day.As stated earlier today we have the swearing in of US president elect Donald Trump which is scheduled for New York AM session.
Today being a Monday ,we normally have the market ranging but for today we will be looking at the market differently.
Market could be volatile during those hours and I expect price swings which could affect your account positively or negatively so today trade with caution.
Took a sell on GBPUSD earlier as I expect price to retest the previous lows at 1.21100 and maybe even lower before a correction higher.Range is between 1.2300 and 1.21100
#001 Obvious Range GBPUSD LONGBuying at obvious resistance level.
1 - Obvious Range
2 - Big SL.
3 - Small TP.
Will be checking several hours later when I am free, and would decide based on my experience if I am going to hold on for longer or exit manually.
1R SL to 0.46R TP.
1827SGT 20012025
Market Insights with Gary Thomson: 20 - 24 JanuaryMarket Insights with Gary Thomson: CAD, GBP, and JPY Markets, Gold, and Corporate Earnings
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode:
- What does the latest employment data mean for the British pound and the Bank of England’s policy direction?
- Will December’s inflation data influence the Bank of Canada’s upcoming interest rate decision? Find out how this could impact the USD/CAD pair.
- Will the BOJ raise rates again? Discover the potential impacts on the USD/JPY pair.
- Geopolitical tensions and economic uncertainty are driving gold prices. Learn what to watch for in XAU/USD trading.
- Big names like Netflix, 3M, Procter & Gamble, and Johnson & Johnson are releasing their quarterly results. Check their expected performance and market implications.
Don’t miss out—gain insights to stay ahead in your trading journey.
🌐 FXOpen official website: www.fxopen.com
CFDs are complex instruments and come with a high risk of losing your money.
GU Bullish SetupGU has bounced from an important level, showing strong buying pressure. I expect it to test the marked line and then continue moving up towards TP.
GBP/USD SELL $$$
both scenario is valid. in the upper area,be sure to wait for one hour to reach the area, then get confirmation in the zone.in the lower area after the BOS an the valid OB take LTF confirmation then you can enter the short trade
FOLLOW FOR MORE DAILY IDEAS
GBP/USD short OpportunityGU broke the 1.22192 Support Level Last week, I expect we get a DBD formation to 1.20683 area in the coming Days
Heading into 38.2% Fibonacci resistance?The Cable (GBP/USD) is rising towards the pivot which is a pullback resistance and could drop to the 1st support.
Pivot: 1.2364
1st Support: 1.2099
1st Resistance: 1.2531
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.
SELL POSITIONH4 IS CLOSING . Looking for this setup as the economic financial backing system might turn a sell for top system. Once this trade secures might explain the reason afterwards
GBPUSD TRADE SETUPWait for retest key level and multiple rejection wick and bearish momentum candle then take a good opportunities for Sell otherwise skip this setup
GBPUSD - ANALYSIS👀 Observation:
Hello traders! Here's my analysis for the GBP/USD pair. Currently, I anticipate the price to continue its downward movement towards the target of 1.19872 .
However, if GBP/USD breaks above the 1.23220 level on the 1H timeframe and consolidates, I expect a potential bull market scenario to unfold.
📉 Expectation:
Downward trend to 1.19872 unless 1.23220 is broken.
If the 1.23220 resistance is breached, a bullish movement may start.
💡 Key Levels to Watch:
Target 1: 1.19872
Resistance to break: 1.23220
💬 What’s your take on GBP/USD this week? Let me know in the comments below!
Trade safe
GBPUSD Bearish 1 Hour Divergence.1. Market Analysis:
Asset: GBPUSD
Timeframe: 1-hour
Pattern: Bearish divergence
2. Divergence Details:
Bearish Divergence: A bearish divergence occurs when the price forms higher highs, but the oscillator (like RSI or MACD) forms lower highs. This suggests that buying momentum is weakening, and a downward reversal might be on the horizon.
3. Trade Setup:
Entry Point: Consider entering a short position if a bearish candlestick pattern forms after the divergence confirmation on the 1-hour chart. Look for strong confirmation like a bearish engulfing or shooting star pattern.
Stop-Loss: Place the stop-loss above the recent swing high on the 1-hour chart to manage risk. This positioning protects against an unexpected upward move.
Take-Profit: Identify key support levels for take-profit targets, aiming for a 1:2 risk-reward ratio. Target areas could include previous support zones or Fibonacci retracement levels.
4. Risk Management:
Position Size: Calculate your position size based on your risk tolerance and the stop-loss distance. Typically, risk only a small percentage of your capital (e.g., 1-2%) on this trade.
Risk-Reward Ratio: Aim for at least a 1:2 risk-reward ratio, meaning that your take-profit target is at least twice the distance of your stop-loss.
5. Additional Confirmation:
Volume Analysis: Check if there is a decrease in volume as the price reaches higher highs. This can add weight to the bearish divergence setup.
Support and Resistance Levels: Ensure the trade setup aligns with strong support and resistance zones for additional confirmation.
6. Trade Execution:
Place Orders: Set your sell order, stop-loss, and take-profit levels based on the criteria above.
Monitor the Trade: Keep an eye on the trade and adjust the stop-loss to break even or trail it if the price moves in your favor.
7. Review and Adjust:
Post-Trade Analysis: After the trade closes, review the outcome to understand what worked well and any areas for improvement in future trades.
My Bearish GBPUSD Expectation for the week (19th- 25th Jan) Just Price Action Outlook of GBPUSD and i am still BEARISH for the week
GBPUSD - Low Placed? next Leg Up??#GBPUSD. market trade near to his final bottom area and that is market final bottom if there is any kind of bullish scenario exist.
because that region will decide pound next move of 500 to 800 pips.
so keep close and keep in mind that 1.2120 to 1.2160 will decide pound future.
don't short until market hold that region.
good luck
trade wisely
GBPUSD CORRECTIONSeems like an error for now, we hope it ll do like the blue line shows ;
we forecasted the red line, but it is not working out as we thought it would.
Seems like more lower KL have to be reached with a growing RSI and a more and more obvious divergence. Stay advised.
GBPUSD: Bearish Trend Continues The GBPUSD pair successfully violated a key daily support level and closed below it, last week.
Upon retesting this level, the price rebounded and broke through a support line of an expanding rising wedge pattern.
This suggests a strong likelihood of a continuation of the bearish trend.
There is a high chance that the price will reach the 1.2106 level soon.
Will the GBP/USD downtrend continue ?UK economic news:
• UK interest rates expected to fall more than expected
• The BoE's decision to pause and possibly end its tightening policy suggests interest rates are no longer supported.
• Weaker inflation, higher unemployment and gloom from policymakers
• Some news shows UK economy slowing, gloomy forecast points to continued pressure on sterling
• The UK economic outlook is not expected to be favourable for the Pound.
• Prolonged recession, BoE cuts interest rates much sooner than financial markets price
• BoE's less aggressive approach to weakening sterling
Personal opinion:
GBP/USD is struggling to capitalize on its modest recovery from the 1.2100 level reached earlier this week, but the backdrop of poor UK economic data is holding the pair back. Meanwhile, the Dollar Index remains on the rise, with US Treasury yields providing the main driver, helping to limit the USD’s losses.
GBP IS NOW BULLISH, NOT A CORRECTIONThis is Friday, end of the trading week. You've probably retired for trading today.
This is to show you what to look out for the new week.
Enjoy your weekend and if you can, hop in
