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British Pound vs US Dollar

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GBPUSD.P trade ideas

GBPUSD May Resume Bearish Trend, Testing March 2023 LowGBPUSD May Resume Bearish Trend, Testing March 2023 Low The president-elect may issue up to 100 executive orders in the first days of his second presidency. This news could create high price volatility in the market. At the close of the market on Friday, January 17, we saw the US dollar ending the day with profits across all pairs, raising expectations for a bullish run in the coming days. The uncertainty surrounding Trump's executive orders may favor USD bulls in the short term until more clarity emerges. GBPUSD has been holding strong, but it appears that the pair may resume the bearish trend and test areas last seen in March 2023. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Short
by KlejdiCuni
9
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 ⚔
Short
by Dave-Hunter
5
GBPUSD - 1hr ( Intra Day Buy Targe Range 180 PIP ) ☑️ Pair Name : GBP/USD Time Frame : 1hrs Chart / Close Scale Type : Large Scale The GBP/USD currency pair, analyzed on a one-hour chart with a focus on large-scale movements, has recently demonstrated a bullish breakout after surpassing a significant key level at 1.22900. This breakout was accompanied by a notable increase in trading volume, reinforcing the strength of the bullish sentiment. As the market has successfully breached this critical resistance point, it indicates a potential for further upward momentum. Traders and investors should remain vigilant for subsequent price action that could confirm the sustainability of this bullish trend, particularly as the market continues to respond to evolving economic indicators and geopolitical developments. Best Break Our / Key level's 1hr Tf ☑Bullish After Break Out key level + High Volume / 1.22900 Point 🛡 Bullish Break Out Done
Long
by GentleGoldenEngine
2
GBPUSD Will Go Up From Support! Buy! Take a look at our analysis for GBPUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.216. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.251 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
5
GBPUSD Double Bottom to 1.033 before ascentUsing SMC (assuming that this is properly executed), we expect that the price is to hit 1.033 levels before an ascent up to 1.1309 then further down again to 1.067 to 1.0595 then ascend further up to 1.1405 wherein 2 scenarios can happen: A. If 1.14650 breaks, then we can confirm an uptrend or B. If 1.135 does not hold, then we can expect 1.03 to break down to 1.005, now with the possibility of reaching its parity price of 0.967. With the fundamentals backing this up, this TA has a better chance of happening.
Short
by TokieTV
3
GBPUSD H1 I Bullish Bounce OffBased on the H1 chart, the price is approaching our buy entry level at 1.22990, which aligns with a pullback support level and the 38.2% Fibonacci retracement. This level is expected to act as a potential reversal point in the bullish setup. Our take profit is set at 1.24413, near a key resistance level where price may face selling pressure. The stop loss is placed at 1.22185, below the previous swing low, providing room for price fluctuations while ensuring the bullish setup remains valid. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
1
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.
Long
by TheSignalService
2
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.
by FXOpen
2
GBP usd The Relative Strength Index (RSI) indicator on the 4-hour chart holds above 60, reflecting the bullish stance. On the upside, 1.2370 (20-day Simple Moving Average (SMA), Fibonacci 38.2% retracement of the latest downtrend) aligns as next resistance before 1.2400 (round level, static level) and 1.2450 (Fibonacci 50% retracement). GBP/USD trades in a tight range near 1.2350 on Wednesday as the US Dollar stays on the back foot amid a positive shift seen in risk sentiment. Investors keep a close eye on comments from US President Donald Trump on trade policies.
Short
by Eliana74
1
UPDATE ON RUNNING TRADEGBP/USD 30M - As you can see price is playing out well at the moment, price actually went on to react from a 1M Demand Zone, the trading opportunity from that could have been crazy. I now want to see the last high made break, giving us further confluence that price is going to trade us higher longer term. Be sure to manage your trades accordingly. This trade is running + 15 pips. (+ 0.75%) 0.75RR A big well done to anyone who jumped in on this trade, if you have any questions with regards to the analysis or you need me for anything drop me a message or comment below and I will get back to you. I will show you all the potential from this 1M FVG as well and the profits it could have generated should we have seen it, this is the true power the the strategy!
Long
by Lukegforex
2
GBP/USD Prepares for Potential Rebound at Crucial Support LevelsOn the 4H timeframe, GBP/USD is trading near a critical support zone around 1.2350, showing signs of potential exhaustion in its recent downtrend. The RSI indicates a possible bullish divergence, suggesting momentum could shift upward. Price action reflects repeated support bounces in this range, making it a significant level to watch. Key resistance lies around 1.2500 and 1.2550, where sellers may re-enter if the pair retraces. A break below 1.2300, however, could trigger further downside toward the 1.2200 level. Keep an eye on reversal confirmations and volume around current levels for short-term bullish opportunities.
Long
by Horazio
1
GBP/USD +130 Pips 0 Drawdown , New Entry For Next Week !Our trade running +130 Pips 0 Drawdown , and i have another entry for next week , it`s show in the chart , don`t miss it ! This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Long
by FX_Elite_Club
3