GBPUSD A strong support pullback each time it falls hereGBPUSD is forming a strong bullish support and the price likely will go up again.
GBPUSD.P trade ideas
GBPUSD - market structureGBPUSD - market structure,short idea...use risk managment, i have some SL, a lot of BE and few target hit with big profit! risk and trade managment is the key !
GBPUSD:This is a bullish situationThe GBP/USD is still fluctuating repeatedly at present. Taking various factors into account, there is a great deal of market noise in the current currency market, and many currency pairs are in a sideways trend.
The British pound has been fluctuating sideways for several weeks, and the market is digesting the previous significant upward rally. The 1.30 level on the upside serves as a resistance level, while the 1.29 level on the downside acts as a support level. The so-called "golden cross" has recently occurred, so this is a bullish market.
Trading strategy:
buy@1.2910
TP:1.2970-1.2990
Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
GBPUSD Technical Analysis by TradingDONIf the Pound closes with a bearish candle below the Fibonacci level at 1.29456 on the hourly chart, I’m setting my target at 1.28849—that’s where you’ll see the panda.
GBP/USD 1-Hour Chart Analysis: Bearish Setup with Key ResistanceGBP/USD 1-Hour Chart Analysis: Bearish Setup with Key Levels
Key Technical Indicators:
Current Price: $1.29427
30 EMA (Red Line): $1.29453 (Short-term trend)
200 EMA (Blue Line): $1.29351 (Long-term trend)
Key Resistance Zone: $1.29663 - $1.29851 (shaded purple)
Support & Target Levels:
TP 1: $1.29358
TP 2: $1.29153
TP 3: $1.28895
Final Target: $1.28662
Analysis:
Trend:
The price is struggling around the 30 EMA and 200 EMA, showing indecision.
The shaded resistance zone ($1.29663 - $1.29851) is a key area where sellers may take control.
Trade Setup:
Entry: Expected near $1.29663 (potential rejection from resistance).
Stop Loss: Above $1.29851 (to minimize risk if price breaks higher).
Take Profit Targets: Multiple levels, with the final target at $1.28662.
Bearish Confirmation:
If price gets rejected at resistance, a downside move toward support levels is likely.
A break below 1.29358 could accelerate selling pressure.
Conclusion:
The chart suggests a potential bearish trade setup, with resistance acting as a key rejection point.
Watch for confirmation signals at the resistance zone before entering a short trade.
A break above $1.29851 would invalidate the bearish outlook.
GBPUSD Will Go Up! Buy!
Please, check our technical outlook for GBPUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.294.
Considering the today's price action, probabilities will be high to see a movement to 1.305.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
SELL GBPUSDExternal range liquidity and equal highs has been taken, trendline liquidity has been taken too so next we see a move up into our point of interest and sell all the way to clear the external liquidity to the downside.
GBPUSD is still bullish. nothing has changed!I'm buying for 2 reasons...
DXY is bearish and making lower lows.
EURGBP is still bearish.
TP1 at 1.3015
My only hesitation to this trade is, that PDL wasnt swept, j will update you guys if price comes there
GBPUSD TRADE SETUPPotential Trade Setup on GBPUSD
The price has successfully retested a very strong support after the 3-week rally it exhibited in March.
However there has been little to no pullback after the rally, and currently, it is firing a possible divergence at 1.2970
The price is developing, and I am waiting for a break below the support area at 1.2960 to take a possible short-term sell trade.
A BUY opportunity is at the bottom of the 50% fib at 1.2700.
You may find more details in the chart!
Thank you and Trade Responsibly!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading
GBP/USD Breakdown: Bearish Setup with Sell Opportunity!"Key Observations:
Rising Wedge Breakdown:
The price initially formed a rising wedge near resistance.
The wedge broke down, indicating bearish momentum.
Support and Resistance Levels:
Resistance Zone: Around 1.3014 – 1.3027, marking a strong rejection area.
Support Zone: Around 1.2933 – 1.2843, where price previously bounced.
Strong Support: Around 1.2627, marked as the target area for a bearish move.
Bearish Setup:
A range-bound consolidation occurred after the breakdown.
The chart marks a sell signal, suggesting a move toward the 1.2627 target zone.
Trading Idea:
Entry: Sell after confirmation below 1.2933.
Target: 1.2627 (major support level).
Stop-Loss: Above 1.3014 (resistance level).
This setup suggests a potential bearish continuation, with price expected to decline further if support breaks. Always confirm with volume and market conditions before entering a trade.
GBPUSD (CABLE)GBPUSD is still not done with correction in our opinion. Until market breaks 1.285 its not done with correction.
Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.
Bearish drop?The Cable (GBP/USD) has reacted off the pivot and could drop to the pullback support.
Pivot: 1.2963
1st Support: 1.2871
1st Resistance: 1.3014
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 GBPUSDGBPUSD will decline now towards the end of NY session. Price has broken out of a rising channel and looks to fall to support 1,29
GBPUSD Technical Analysis by TradingDONIf OANDA:GBPUSD this candle closes on the 30-minute chart with FVG confirmation and a strong bullish body, I’m setting my target at the first Fibonacci level of 1.29451. And if that level gets broken by a bullish candle, I’m aiming for the trendline crossover at 1.29800.
Potential evening star pattern near a resistance level at 1.295In the 1H timeframe, we observe a bearish trend where prices have consistently failed to break above previous highs. The recent price action shows a potential evening star pattern near a resistance level at 1.29500. The EMA confirms downward momentum, and the ATR indicates volatility has been tightening, suggesting a possible breakout. Given the RSi is hovering at 40, it shows bearish momentum building up. Thus, entering at 1.28970, with a stop loss set at 1.29600 (just above recent swings) and a take profit target at 1.28000 aligns with a good risk-reward ratio.
GBPUSD in Correction Phase – Potential for a Short OpportunityGBPUSD ( FX:GBPUSD ) is approaching the Support zone($1.286-$1.278) , Support lines and Important Support line .
Regarding Elliott Wave theory , GBPUSD appears to have completed the microwave 5 of the main wave 3 with the help of the Ending Diagonal Pattern and is currently completing the main wave 4 . The main wave 4 is likely to have a Double Three Correction(WXY) .
I expect GBPUSD to decline at least to the Support zone($1.286-$1.278) and Support lines .
Note: If GBPUSD goes above $1.30 we should expect more pumping. The worst Stop Loss(SL) for a SHORT position could be $1.30.
Note: If GBPUSD falls below $1.2760, we should expect more dumping.
Please respect each other's ideas and express them politely if you agree or disagree.
British Pound/U.S. Dollar Analyze (GBPUSD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
sell-buy-Great Sell!Hello all. market needs at least a new historical low. lets see what happen. do you agree? leave a comment of ur idea (wink)
Uptrend I am trying out a new strategy using orderblock as my entry. This is my first trail using this
I'm buying GBPUSD, you should do the same!!!I told you guys about the previous day low being the only impediment to our entry. Ige added morenentet as price has taken it.
Only buys remain now. It is safe to go all in. The purple line must be tagged before we see sny movement lower again.
Enjoy
GBPUSD Bullish breakout retestThe GBPUSD currency pair price action sentiment appears bullish, supported by the prevailing uptrend. The recent intraday price action appears to be a sideways consolidation towards the previous resistance.
The key trading level is at 1.2940 level, the previous consolidation price range. A corrective pullback from the current levels and a bullish bounce back from the 1.2940 level could target the upside resistance at 1.2994 followed by the 1.3070 and 1.3123 levels over the longer timeframe.
Alternatively, a confirmed loss of the 1.2940 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 1.2866 support level followed by 1.2813 and 1.2740.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
