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British Pound vs US Dollar

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GBPUSD.P trade ideas

GBP/USD IS GOING TO MELT !!!!!!!!! GBP/USD Daily analysis ------------------------------ Our sells unfortunately got smoked. Do I think she will drop? Maybe, but for me I have no other entries for the bears and selling on my end is done. These current bears should (theoretically) push price down but we shall see. It seems like the sellers want a cheaper selling point, hence the bulls pushing price high and higher. But for me those were my last bearish plays. I will be now only focused on the bulls to end the week strong. Regards, MR.OAZB
Short
by MROAZB
GBP/USD Trend in Upcoming US Session🔔🔔🔔 GBP/USD news: 👉At the beginning of the week, the Pound Sterling trades higher against most major currencies, except the Euro, as hopes for a Russia-Ukraine peace agreement provide support. Additionally, expectations that the Bank of England (BoE) will adopt a gradual approach to policy easing, along with optimism about a potential strong trade deal between the US and the UK, keep the British currency in a favorable position. 👉Meanwhile, U.S. President Donald Trump’s confirmation that a 25% tariff on imports from Canada and Mexico will take effect on March 4—along with an additional 10% tariff on Chinese goods—has led investors to reduce their exposure to the US Dollar. His recent discussions with Ukrainian President Volodymyr Zelenskyy in the Oval Office on Friday further influenced market sentiment. 👉Later in the American session, the US economic calendar will highlight the February ISM Manufacturing Purchasing Managers Index (PMI). If the PMI unexpectedly falls below 50, signaling a contraction in manufacturing activity, the USD could face immediate downside pressure, potentially benefiting the GBP/USD pair. Personal opinion: 👉GBP/USD will maintain an upward trend in the medium term due to the impact of good news surrounding this pair. 👉Technically, GBP/USD will have a downward correction after touching the intersection between the resistance and SMA. Analysis: 👉Based on important resistance - support and Fibonacci zones combined with the SMA indicator Plan: 🔆 Price Zone Setup: 👉Buy GBP/USD 1.2610 – 1.2600 ❌SL: 1.2570 | ✅TP: 1.2650 – 1.2680 – 1.2710 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
POSSIBLE SELL FOR GBPUSD?Overall direction is to the downside based on Monthly and Weekly perspective. The market is currently testing the current Weekly 0.786 FIB area. Based on Daily and 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal. We could see SELLERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor
Short
by WiLLProsperForex
GBPUSD BEARISH FOR 80PIPSTechnical Indicators: A break below a key support level. Bearish candlestick patterns such as shooting stars or engulfing candles. A negative crossover in moving averages (e.g., 50-period crossing below the 200-period). RSI (Relative Strength Index) showing overbought conditions, signaling a potential reversal. Fundamental Factors: Economic data releases that are negative for the UK economy, such as poor GDP growth, disappointing employment reports, or a lower-than-expected inflation reading. Interest rate decisions or statements from the Bank of England that are dovish. Stronger-than-expected US data, such as better-than-expected non-farm payrolls, inflation, or GDP figures, which could support the US dollar. Market Sentiment: If broader risk sentiment turns negative, investors may flock to the US dollar as a safe-haven asset, putting further downward pressure on GBP/USD.
Short
by LORDOFTHETRADERS
GBP/USD Market Analysis – Breakout or Breakdown?### **📊 GBP/USD Market Analysis – Breakout or Breakdown? 🚀📉** GBP/USD is currently moving between **1.27100 and 1.26900**, consolidating within a narrow range. The market is at a **critical decision point**, with a key **support level at 1.26800** and **resistance at 1.27200**. Traders should watch for a **breakout or breakdown** before taking action. --- ### **📈 Bullish Scenario (Breakout Above 1.27200)** - If GBP/USD **breaks and closes above 1.27200**, it could signal a **strong uptrend continuation**. - Buyers may push the price higher toward new resistance levels. - This would confirm bullish momentum, offering potential **buy opportunities**. --- ### **📉 Bearish Scenario (Breakdown Below 1.26800)** - If the price **drops below 1.26800**, it could indicate a **bearish move**, triggering further downside. - Sellers may gain control, leading to potential **sell opportunities**. - A break below support can push the price even lower, confirming bearish momentum. --- ### **📌 Trading Plan & Risk Management** ✔ **Wait for confirmation** before entering a trade. ✔ **Use stop-loss levels** to minimize risk. ✔ **Trade with discipline** and follow price action. ✔ **Secure profits gradually** based on market movement. 🔥 **Patience is key! Wait for the right entry, follow risk management, and maximize success! 🚀📊**
by TradingStar090
GBPUSD SELL & BUY TRADE PLANS🔵 Primary Trade Setup – Bullish Reversal Buy 🔹 Market Structure: HTF bullish correction, liquidity targeting sell-side before continuation. 🔹 Liquidity Engineering: Sell stops below 1.2500 likely to be taken before reversal. 🔹 Order Block & Smart Money Execution: H4/D1 Bullish OB at 1.2450–1.2500. 📍 Entry Zone (Buy Limit Pending Order): 1.2450 – 1.2500 📍 Stop Loss (SL) – Institutional SAFE Zone: Below 1.2420 📍 Take Profits (TPs) – Liquidity Targets: ✔ TP1: 1.2600 (H1 internal liquidity pool). ✔ TP2: 1.2650 (Liquidity grab above structure). ✔ TP3: 1.2700 (Final Institutional Target). 🎯 Risk-to-Reward (RR): Minimum 1:4 R:R on TP2, 1:6 on TP3. ✅ Trade Type: Swing Trade / Intraday (Valid for 3–5 Days). ✅ Confidence Level: HIGH – Strong confluence from OB, liquidity, and structure. 📌 Execution Rules: ✔ Aggressive Entry: Pending Buy Limit Order at 1.2450–1.2500. ✔ Safe Entry: Wait for M15/H1 bullish rejection after liquidity grab before entering. ✔ Invalidate Setup IF: Price breaks below 1.2400 with strong bearish momentum. 🔴 Secondary Trade Setup – Bearish Sell (Only if conditions align) 🔹 Market Structure: Short-term bearish retracement possible before continuation. 🔹 Liquidity Engineering: Buy-side liquidity above 1.2650 likely to be targeted before a drop. 🔹 Order Block & Smart Money Execution: H4/D1 Bearish OB at 1.2650–1.2700. 📍 Entry Zone (Sell Limit Pending Order): 1.2635–1.2665 📍 Stop Loss (SL) – Institutional SAFE Zone: Above 1.2720 📍 Take Profits (TPs) – Liquidity Targets: ✔ TP1: 1.2580 (H1 internal liquidity). ✔ TP2: 1.2500 (Key discount zone). ✔ TP3: 1.2450 (Final target in deep discount). 🎯 Risk-to-Reward (RR): Minimum 1:4 R:R on TP2, 1:6 on TP3. ✅ Trade Type: Intraday / Short-Term Swing (Valid for 24–48 Hours). ✅ Confidence Level: Medium – Only valid IF liquidity is taken above 1.2650 first. 📌 Execution Rules: ✔ Aggressive Entry: Pending Sell Limit Order at 1.2635–1.2665. ✔ Safe Entry: Wait for M15/H1 bearish rejection after liquidity grab before selling. ✔ Invalidate Setup IF: Price closes above 1.2730 with bullish momentum. 📊 🔥 FINAL INSTITUTIONAL DECISION & EXECUTION PLAN ✔ Would I take this trade? ✅ YES – Only pending limit orders for optimal Smart Money execution. ✔ Key Confirmations: ✅ Liquidity Sweeps: BUY: Needs sell-side liquidity grab below 1.2500. SELL: Needs buy-side liquidity grab above 1.2650. ✅ Market Structure: Bullish retracement, with MSS & BOS confirming liquidity engineering. ✅ Institutional Zones: BUY at 1.2450–1.2500 | SELL at 1.2650–1.2700. ✔ Execution Plan: 🔹 BUY Limit: 1.2450–1.2500 | SL: 1.2423 | TPs: 1.2550, 1.2600, 1.2650 🔹 SELL Limit: 1.2650–1.2700 | SL: 1.2725 | TPs: 1.2600, 1.2550, 1.2500
by jibkhan111
12
GBPUSD Week 10 Swing Zone/LevelsWeek by week pinched pips keeps increasing. As highlighted last week, Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc). Using the 5min candle for entry keeps the SL small btw 10-15 pips and TP ideally to the next level. Some swing levels are only marked after price interacts pre-calculated levels. Two possible road maps for the week, a or b? As always price action determines trades.
Short
by PinchPips
2
Gbpusd buyThis is a GBP/USD (British Pound/US Dollar) 1-hour timeframe technical analysis from FXCM, indicating a buy trade setup with the following details: 1. Entry Point: Expected around 1.26838, marked with an upward green arrow. This suggests a potential support level where buyers may step in. 2. First Target Level: 1.27673, indicating an initial resistance level where price could react. 3. Second Target Level: 1.28259, representing the final bullish target if the price continues to rise. 4. Market Outlook: The analysis suggests a bullish structure, with an expectation that price will pull back to the support level at 1.26838, form a higher low, and then push towards the resistance levels. 5. Price Action Strategy: The chart implies a pattern where buyers enter at support, leading to an upward momentum that could break through resistance levels. This setup signals a potential long (buy) opportunity, expecting GBP/USD to trend higher after a pullback.
Short
by Forex_ViP_Signalss
GBP/USD Trend Today - Further Upward?🔔🔔🔔GBP/USD News: 👉 Support from the UK and European countries for a ceasefire in Ukraine during this time is the driving force for the strength of GBP. 👉 The US is increasingly mired in a trade war between countries and recent bad economic data is weakening the dollar 👉 DXY is touching a strong support zone so there are signs of convergence RSI (1H) so there is a possibility of a reversal 👉 GBP/USD according to the RSI (1H) indicator at this time creates divergence Personal opinion: 👉 If GBP/USD has a bearish recovery phase, this could be a suitable price zone to buy at a cheaper price. 👉However, if this currency pair breaks out strongly above the 1.2730 area, the next resistance zone is likely to be 1.2780 Analysis: 👉Based on important resistance - support levels and Fibonacci levels combined with EMA to come up with a suitable strategy. Plan: 🔆 Setting price range: 👉BUY GBP/USD 1.2690 – 1.2680 ❌SL: 1.2650 | ✅TP: 1.2720 – 1.2770 – 1.2810 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
What Is ICT PO3, and How Do Traders Use It?What Is ICT PO3, and How Do Traders Use It? The ICT Power of 3 is a strategic trading method that helps traders identify behaviour of ‘smart money.’ It dissects market movements into three distinct phases: accumulation, manipulation, and distribution. This article explores the intricacies of the Power of 3 strategy and its practical application in trading. Understanding the ICT PO3 Trading Concept The ICT Power of 3 (PO3), or the AMD setup, is a strategic trading framework developed by Michael J. Huddleston, better known as the Inner Circle Trader. This approach revolves around three critical phases: accumulation, manipulation, and distribution, which collectively help traders understand and anticipate market movements. Accumulation Phase During this phase, smart money or institutional investors accumulate positions within a price range, often leading to a period of low volatility and sideways movement. This stage sets the groundwork for future price movements by creating a base of support or resistance. Manipulation Phase The manipulation phase involves deliberate price moves by smart money to trigger stop losses and deceive retail traders. In a bullish scenario, prices may dip below the established range, while in a bearish market, prices might spike above the range. This phase is seen as being characterised by sharp, misleading price movements aimed at manipulating liquidity. Distribution Phase Following manipulation, the distribution phase sees smart money offloading their positions, leading to significant price movements in the intended direction. For bullish trends, this involves a strong upward move, whereas, in bearish conditions, it results in a sharp decline. This phase marks the realisation of the strategic positions built during the accumulation phase. Understanding this ICT concept allows traders to align their strategies with the actions of institutional investors, potentially enhancing their ability to make informed trading decisions. The ICT PO3 strategy is versatile, applicable across different timeframes and financial instruments, making it a valuable tool for traders in various markets. Below, we’ll discuss each of these three phases in more detail. Accumulation Phase The accumulation phase is a crucial initial stage within the Power of 3 trading strategy. It represents a period where institutional investors, often referred to as smart money, quietly build their positions in a particular asset. This phase is characterised by relatively low volatility and sideways price movement, typically near key support or resistance levels. During accumulation, the market tends to range within a narrow band as large players gradually buy into the asset without significantly driving up its price. This steady acquisition reflects their confidence in the asset's future appreciation. Recognising the accumulation phase involves monitoring for signs such as low-volatile, ranging price action and potential increases in trading volume without major price changes. Indicators of the accumulation phase include: - Low Volatility: The asset trades within a tight range, showing little directional bias. - Support Levels: Accumulation often occurs near historical support or resistance levels where the price is deemed under or overvalued by institutional investors. - Increased Volume: There may be a gradual rise in volume as smart money accumulates positions, signalling their interest without causing sharp price movements. Specifically, this range is also intended to trap retail traders on both sides of the market. In a bullish accumulation, for example, where the price will eventually break upwards, the range will trap bullish traders buying from the support level inside of the range. Given that these traders will most likely set their stop losses below the range, this paves the way for the next stage: manipulation of liquidity. However, some traders will also take a short position in this range, anticipating that price will continue to break lower. These traders add fuel to the distribution leg discussed later. The Manipulation Phase The manipulation phase is a pivotal part of the ICT PO3 trading strategy. This stage is marked by deliberate actions from institutional investors to create market conditions that mislead and trap retail traders. It follows the accumulation phase, where positions are built, and precedes the distribution phase, where these positions are realised. Characteristics of the Manipulation Phase: - Deceptive Price Movements: During this phase, the price moves sharply in a direction opposite to the expected trend. In a bullish setup, prices might dip below the established range, while in a bearish setup, they might spike above the range. These moves are designed to trigger stop-loss orders, encourage breakout traders to enter positions and ultimately generate liquidity for the smart money’s large orders. - Triggering Retail Traps: The primary goal is to shake out early traders by hitting their stop-loss levels. For instance, a sudden dip in a bullish market might make retail traders believe that the market is turning bearish, prompting them to close their positions. - Creating Liquidity: By inducing these price movements, smart money creates liquidity that allows them to add to their positions at more favourable prices. This phase is crucial for building the necessary conditions for the subsequent distribution phase. Recognising Manipulation: - False Breakouts: Characterised by sharp, sudden moves that quickly reverse. These are often designed to lure traders into thinking a breakout has occurred. - Price Action Signals: Price action that doesn’t align with the overall market structure or sentiment can be a sign of manipulation. This can be especially true after a long uptrend or downtrend, signalling potential exhaustion. For example, in a bullish market, after a period of accumulation where prices have stabilised within a range, a sudden drop might occur. This drop triggers stop-loss orders and panics retail traders into selling. It also encourages some to trade what appears to be a bearish breakout. Smart money then buys these positions at lower prices, preparing for the distribution phase where they push the prices up sharply. The Distribution Phase The distribution phase is the final stage in the Power of 3 trading strategy, where smart money begins to offload their positions built during the accumulation phase. This phase follows the manipulation phase, and it is characterised by strong price movements in the direction opposite to the manipulation. Key Characteristics of the Distribution Phase: - Significant Price Movement: This phase involves substantial price changes as institutional investors begin to realise their positions. In a bullish scenario, this means a sharp upward movement; in a bearish scenario, a sharp decline. - High Volume: The distribution phase is often accompanied by high trading volume, indicating that a large number of positions are being sold or bought back. - Market Confirmation: During this phase, the true market trend that was obscured during the manipulation phase becomes evident. The price moves in the direction of the original accumulation, confirming the intent of the smart money. - Retail Trader Participation: Many traders have been shaken out of their positions, including those who were wrong about the initial breakout’s direction and those who were correct but had their stop loss triggered by the manipulation phase. They now pile back into the trade, fueling this strong upward or downward leg. Recognising the Distribution Phase: - Price Action: Traders look for strong, sustained movements in price, often with large candles. For a bullish trend, this means a consistent upward movement; for a bearish trend, a consistent downward movement. - Volume Analysis: Increased trading volume during these price movements indicates distribution. - Breaking Market Structure: The high or low of the accumulation/manipulation phase will be traded through. - Technical Indicators: Use of tools like moving averages and support/resistance levels can help confirm the transition into the distribution phase. For example, in a bullish market, smart money begins to buy aggressively after the price has been manipulated downwards to create liquidity. This buying pressure pushes the price up sharply, signalling the start of the distribution phase. Traders can look for increased volume and price action breaking above previous resistance levels as confirmation. Practical Application of ICT PO3 The ICT PO3 strategy can be effectively applied by traders through a structured approach involving higher timeframe analysis and keen observation of price movements. Here's how traders typically utilise this strategy: Setting the Daily Bias Traders often start by establishing their market bias for the day. This involves analysing higher timeframes to determine the overall market trend. Understanding whether the market is bullish or bearish sets the foundation for the day’s trading strategy. Marking the Day's Open After setting the bias, traders mark the opening price of the day. This price point is critical as it serves as a reference for potential manipulation and trading opportunities. Identifying Manipulation Traders look for price movements beyond the day's open and the established range boundaries. For a long bias, they observe for manipulation below the open, while for a short bias, they look above the open. This stage is crucial as it indicates where smart money is likely manipulating the market to create liquidity. Entry Signals While a trader can simply enter once price trades beyond the day’s open, many choose to confirm the trade. Using a 5-15 minute chart, they might look for signals such as: - Price moving into a significant area of liquidity beyond a key swing high or low. - A break of established market structure, such as price beginning to move above previous swing highs in a bullish setup (known as a change of character, or ChoCh). - Chart patterns or candlestick patterns that indicate a reversal or continuation, such as a hammer/shooting star, wedge, quasimodo, etc. - A moving average crossover that supports the expected price direction. - Momentum indicators showing waning momentum in the manipulated direction. Traders typically place stop losses beyond the manipulation high or low to potentially manage risk here. Distribution Phase Opportunities If an entry is missed during the manipulation phase, traders can look for opportunities during the distribution phase. Although this phase may offer a less favourable risk-to-reward ratio, it still provides potential trading opportunities. Traders might wait for a market structure break or ChoCh, followed by a pullback, setting stop losses either beyond a recent swing high/low or beyond the manipulation high or low. ICT Power of 3 Example On the GBPUSD 15m chart above, the day open acts as a support level, marking the accumulation phase. A candle wicks below the range, followed by a price break above the range, which then sharply reverses, indicating the manipulation phase. After taking liquidity, price rebounds sharply. On the 5m chart, a break above the downtrend structure creates a change of character (ChoCh) before price pulls back and breaks above the manipulation high, signalling a bullish market shift. Subsequent pullbacks might be excellent entry points for traders who missed the manipulation phase entries before price marks up further. The Bottom Line Understanding and applying the ICT Power of 3 strategy can enhance a trader's ability to navigate market movements. By recognising the phases of accumulation, manipulation, and distribution, traders can better align their actions with institutional behaviours. To implement this strategy and optimise your trading experience, consider opening an FXOpen account for advanced trading tools and support of a broker you can trust. FAQ What Is PO3 in Trading? The ICT Power of 3 (PO3) is a trading strategy developed by Michael J. Huddleston, known as the Inner Circle Trader. It involves three key phases: accumulation, manipulation, and distribution. These phases help traders understand market movements by aligning their strategies with institutional investors. What Is the Power of 3 ICT Entry? The Power of 3 ICT entry involves identifying optimal points to enter trades during the phases of accumulation, manipulation, and distribution. Traders typically look for signs of price manipulation, such as false breakouts, and then enter trades in the direction of the anticipated distribution phase. How Does the Power of 3 Work? The ICT Power of 3 can be an indicator of potential smart money involvement. It works by breaking down market movements into three phases: 1. Accumulation: Smart money builds positions. 2. Manipulation: Price moves are designed to deceive retail traders. 3. Distribution: Smart money offloads positions, leading to significant price movements in the intended direction. How to Trade the Power of Three? To begin Power of Three trading, traders first set their daily bias using higher timeframe analysis. They then mark the daily open and observe for price manipulation. Entry signals include breaks of market structure, liquidity grabs, and candlestick patterns. Traders set stop losses beyond manipulation highs or lows and can also look for entries during pullbacks in the distribution phase.​ Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
1
GBP/USD Poised for a Pullback at Key ResistanceTrend Identification: Since early January, GBP/USD has been trading within an Ascending Channel indicating an Uptrend. Resistance Level: The pair has reached a significant horizontal resistance level around 1.2700, So GBPUSD can Drop to the Lower Support Trend Line of the Channel. Disclaimer: Trading involves risk, and this analysis is for educational purposes only. Traders should perform their own due diligence and risk assessment before executing any trades.
Short
by PrabuddhaPeramuna