GBPUSD BUY SMART MONEY CONCEPT Here on Gbpusd price form a demand around level of 1.24365 and is likely to continue going up so trader should go for long with expect profit target of 1.24708 and 1.25068 . Use money management
GBPUSD.1.CSM trade ideas
GBPUSD - My Style!This is quite interesting for you to understand!!
Look at the green doodle, it shows where it would move
Red line shows till which time it would fall, expecting a short up move after the fall because theres a steep orderblock where people like to move things up,
The prior orange round half circle marked are 200SMA high lines.
Orange box is also where you can plan buys to wait like a shark to eat a puffer fish!!
check the trendIt is expected that the price will stabilize above the resistance line and then we will see the start of the upward trend.
Otherwise, a trend change will form and the start of a correction will be possible.
GBPUSD hits MAJOR resistance today!Intraday Update: The GBPUSD has broken the 61.8% retracement, but hit MAJOR channel resistance today at 1.2450 which has stopped the GBPUSD in its tracks. A move above channel resistance would suggest a longer term turn higher may be in play.
GBPUSD took support from 4h bullish channel – Targeting $1.265Market Context
Instrument: GBPUSD
Timeframe: 4h
Key Trend: Reversal from short 4h downtrend
Catalyst: support from 4h bullish channel + Elliott wave 4 completion.
Technical Analysis
Patterns/Levels: Price broke above the $1.2400 strong support of a 4h bullish channel.
Indicators: MACD bullish crossover; RSI above 50.
Entry Analysis
Entry Zone: 1.24250.
1.2645 (4h key resistance, Caution if fail to break).
Confirmation: support above $1.2400 on the 4h chart.
Exit Analysis
TP1: $1.2575 (prior swing high).
TP2: $1.265 (Wave 5 target).
Risk Management
Stop Loss: $1.2393 (below Support 1.2400).
Risk-Reward: 1:4.
Conclusion
“The support from 4h bullish channel signals a trend reversal.
Targeting $1.2650 with a tight SL ensures favourable risk/reward.”
Notes for Success:
Timeframes Matter: Align entry/exit with higher-timeframe trends.
Adapt: Adjust targets if volatility spikes (e.g., news events).
Disclaimer: Always include “Not financial advice. Trade at your own risk.”
Cable preparing for a boom or CAP?GBPUSD seems to be promising on continuing with its long trend, Aggressive traders may take trades at market execution
GBPUSDGBP/USD, often called “Cable”, is the currency pair representing the exchange rate between the British pound sterling (GBP) and the U.S. dollar (USD). It is one of the most actively traded forex pairs, known for its liquidity and volatility. The pair is influenced by economic data, interest rate decisions from the Bank of England (BoE) and the Federal Reserve (Fed), political events, and global market sentiment. GBP/USD tends to react strongly to economic reports from the UK and the U.S., making it a favorite among forex traders.
GBP/USD BUYS 29/01Price has retraced ro 4hr support and taken some liquidity. Last week closed as a bullish engulfing. Anticipating price to form support here to continue bullish. 1.24000 key level.
GBP/USD Elliott Wave Update: Wave 4 Nearing Completion with Key The GBP/USD pair is approaching the end of Wave 4, with a potential support zone forming at the expected terminal point of the wave. If this level holds, we could see the start of Wave 5, presenting a possible bullish opportunity. Traders should watch for confirmation signals and key reaction levels to anticipate the next move. Stay tuned for detailed market insights and trade setups based on Elliott Wave analysis. 📊📈
GBPUSD - LongSMT at the lows, inside a bullish day FVG, just taken sell side, I'm looking for it to take some buyside now.
GBPUSD TRADE IDEA The GBPUSD pair has been consolidating below the 1.25 level in recent days, suggesting indecision and potential for a breakout in either direction. Key resistance levels are observed at 1.26381, 1.25808, and 1.25363, forming potential supply zones. Key support is found at 1.24368, 1.23000, and 1.21137. The descending channel pattern is still visible, but the price is currently testing the lower boundary of the channel. A break below this support level could signal a continuation of the downtrend. A short entry could be triggered upon a break below the 1.24368 support level or a retest of a supply zone. A stop-loss order could be placed above a recent swing high or the 1.25000 level. The profit target could be set at the 1.23000 support level or the lower boundary of a demand zone. Fundamental factors such as a strong US dollar and concerns about the UK economy could further favor a short trade on GBPUSD. However, the market is currently consolidating, and a breakout in either direction is possible. It is crucial to conduct thorough research, consult with a financial advisor, and implement proper risk management strategies before entering any trade.
ideaThis Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView
GBP/USD Bullish Cycle: Wave 5 Nears Completion, What's Next?GBP/USD is nearing the completion of wave 5 of lower degree, signaling a potential pullback for a higher-degree wave 4 correction. This retracement could set the stage for the final leg up in the broader bullish structure. Will key support levels hold before the next rally? Here’s my in-depth Elliott Wave analysis!
GBPUSD Trade IdeaGU recently hit critical 1.25 level after maintaining a strong uptrend forming higher highs and lower highs for a week down from the 1.21 region. I see continuation of the pound weakening and will use 1.25 as the last area before things change back round to the downside. RSI also slightly overbought strengthening the cause. Tight SL of 1.25150, TP1 1.24560 taking out the bullish FVG marked out by the line I have placed, TP2 1.23800.
GBP/USD "The Cable" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : Traders & Thieves with New Entry A bull trade can be initiated on the MA level breakout of 1.23400
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 1.26000 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Fundamental Outlook 📰🗞️
Here are some fundamental factors that could impact the GBP/USD:
Valuation Metrics:
Price-to-Earnings (P/E) Ratio: The current P/E ratio for the UK is around 15, which is slightly above the historical average.
Price-to-Book (P/B) Ratio: The current P/B ratio for the UK is around 1.2, which is slightly above the historical average.
Dividend Yield: The current dividend yield for the UK is around 4.5%, which is slightly above the historical average.
Economic Indicators:
GDP Growth Rate: The UK's GDP growth rate is expected to be around 1.5% for 2023, which is slightly below the historical average.
Inflation Rate: The UK's inflation rate is expected to be around 2% for 2023, which is slightly above the historical average.
Unemployment Rate: The UK's unemployment rate is expected to be around 3.5% for 2023, which is slightly below the historical average.
Monetary Policy:
Interest Rates: The Bank of England's (BoE) interest rates are currently at 0.75%, which is slightly above the historical average.
Quantitative Easing: The BoE has been engaging in quantitative easing to stimulate the economy, which has helped to keep interest rates low.
Fiscal Policy:
Government Spending: The UK government's spending is expected to increase by around 2% for 2023, which is slightly above the historical average.
Taxation: The UK government's taxation policies are expected to remain relatively stable for 2023, with no major changes expected.
Geopolitical Factors:
Brexit: The UK's exit from the European Union (EU) is still uncertain, and the outcome of the Brexit negotiations will have a significant impact on the GBP/USD pair.
US-UK Trade Relations: The US and UK are expected to negotiate a new trade agreement, which could have a positive impact on the GBP/USD pair.
Technical Analysis:
Trend: The GBP/USD pair is currently trading in a bearish trend, with a falling 50-day moving average and a bearish MACD crossover.
Sentiment Analysis:
Bullish Sentiment: 40%
Bearish Sentiment: 60%
Neutral Sentiment: 0%
Market Positioning:
Long Positions: 30%
Short Positions: 70%
Neutral Positions: 0%
Event Risk:
BoE Interest Rate Decision: March 18, 2023
UK GDP Growth: March 10, 2023
Brexit Negotiations: Ongoing
Correlation Analysis:
GBP/USD vs. EUR/USD: 0.8
GBP/USD vs. USD/JPY: -0.5
GBP/USD vs. AUD/USD: 0.3
Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
GBP/USD Bearish setup [15m/4h]I hope you enjoy going deeper into charts the same way as I do. Finding opportunities like this is really difficult and takes a lot of time. Hopefully one day I'll get better at it.
This time I believe we could potentially be leaving the parallels channels to the downside, plus I don't see enough buying pressure and the manipulations are more evident.
For the invalidation, the price would need to have a strong reaction to the upside in the few hours, otherwise the short-term direction is downwards.
GU crucial zone..?GU is at a crucial level..which Is a Long model for me..
We can wait for a more safe entry when we BOS above levels..
Diagram contains all concerned info.
GBPUSD Analysis GBPUSD FORECAST and technical analysis Here is buy zone. Demand area. This is not financial advice trade and manage your own risk.
GBP_USD LONG RESULT.Price had just broken out of a minor descending consolidation channel and retested the Trendline, so I entered for a long as price met with my criterias and here is the result.
gbpusd sell tradeThe Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward move
BRITISH POUND - US DOLLAR BUY OPPORTUNUTY (ANTICIPATION)The GBPUSD has broken the daily descending channel. A possibility of bullish movement is expected on the pair...(Trend Reversal)
