Buy gbpusdHere's the strong buy level for Gbpusd
Just wait sweep low and NFP after enter in buy with confirmation if downtrend broken
GBPUSD trade ideas
GBPUSD near major daily supports wait for 1.28 soonAs we can see major daily supports now are ahead and i think the green zone on chart can hold the price from falling this time or it may pump now before touching the support and targets we are looking for is at least 1.2800
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
GBPUSDhello guys
According to the spike and channel in the wk time, the price is moving towards the range of 1.18-1.20, if it is supported, it will form a tr, and if it becomes a golf, it will return to the base range, break the trend line, and we can expect a move towards the first spike.
This is just a personal opinion and this market is only possibilities
British PoundHello dear traders,
I previously explained the GBP chart, where the likely target for the decline could be the Order Block Extreme on the daily timeframe. I have identified the suitable buying area (personally, I do not make daily purchases without the confirmation of the 4-hour chart; after the 4-hour confirmation, the market has a Pullback scenario, and I often make purchases at this stage). Additionally, we are still in a bearish structure on the 4-hour chart.
Currently, the 4-hour structure has a significant Liquidity or IDM that is quite distant, which causes the market to attempt to create an IDM. For this reason, it is likely that we will see an upward movement towards the specified area, either to create a Meeting Imbalance or potentially lose the temporary low. This will, in turn, create a short-term IDM. This anticipated Pullback is what I am waiting for to establish a target for solidifying a future trend change.
Market Analysis: The target for the decline in the GBP chart is likely the Order Block Extreme.
Buying Condition: Personal purchases are not made without 4-hour confirmation, and emphasis on confirmation plays a crucial role in entering buy positions.
Thank you for your support!
Fereydoon Bahrami
"A retail trader in the Wall Street trading Center (Forex)."
GBPUSD-BUY strategy 12 hourly chart DUAL 10Y GiltIf one considers reasons for sell of in GBP due to Gilts being crushed/crashed, we can find now ample reasons for a reversal short-term. the pair is very oversold on all fronts, and I suspect we see a return to at least 1.2475 in coming weeks.
Strategy BUY @ 1.2275-1.2310 and take profit near 1.2425.
Potential long opportunity on GBPUSD After hitting all time low, 1.035, in the last 50 odd years, the pair bounced back. It has since been making big correction in the last 2.5 years. I think the correction is nearly done. Today's NFP can be the catalyst to the last leg of that correction before continuing upward.
It's a good opportunity to get in on the action.Everything points to weakness in the pound and US unemployment and employment data could push the pair lower.
GBPUSD Push to the downsThe H4 H1 structure shows we are continuing trend down
With reversal structure and h1 breaking down some support
The target is at the lows
GBP/USD Potential Reversal from Key Support ZoneMy OverView For GBP/USD , Must Support And Write Your Feedback In Comments Feel Free To Check It
In My Analysis The GBP/USD pair is trading within a well-defined descending channel on the 4-hour chart, indicating a bearish trend. Dynamic resistance and support levels have consistently guided price action. Currently, the price is testing the lower boundary of the channel, marked as the "Kill Zone, " which aligns with strong support.
This area presents a high-probability reversal zone, with potential for a bullish correction towards the dynamic resistance level. However, a breakdown below the channel's support could signal further downside momentum. Traders should watch for confirmation signals before entering trades.
Key Levels:
Resistance: 1.2550 - 1.2600 (dynamic resistance within the channel)
Support: 1.2200 - 1.2250 (lower channel boundary and kill zone)
Monitor price action and volume near these zones for clarity on the next move.
Note: This analysis for educational purposes and not trading advice. Consider market conditions and strategies
GBP/USD WANT SELL TREND GBP/USD Technical Analysis Update
Hey Traders! 👋
📉 GBP/USD has been repeatedly rejecting its resistance zone near 1.23550, indicating significant selling pressure. After several failed attempts to break higher, we are now seeing a strong move towards the downside, with a potential for a big drop from the current price level around 1.23035.
Technical Target: The next key level to watch is the psychological support at 1.20000. If the price continues to respect the bearish trend, this could be the next major target.
Resistance Zone: 1.23550
Support Zone: 1.22368
GBPUSD H4 | Setting Up for a Bearish Move?Based on the H4 chart analysis, we can observe that the price is pulling back toward our sell entry at 1.2370, which aligns with an overlap resistance level near the 38.2% Fibonacci retracement.
Our take profit is set at 1.2221, just above the 161.8% Fibonacci extension, where we expect strong support to form.
The stop loss is placed at 1.2482, which is a significant overlap resistance level and above the recent swing high.
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. 64% 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. 66% 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.
Bearish drop for the Cable?The price is rising towards the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level top our take profit.
Entry: 1.2371
Why we like it:
There is a pullback resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.2489
Why we like it:
There is a pullback resistance that is slightly below the 78.6% Fibonacci retracement.
Take profit: 1.2239
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Weak GBPUSD reflects surging UK borrowing costsThe GBPUSD has fallen to levels last seen in November 2023, driven by surging UK borrowing costs. The yield on the UK 10-year gilt has surged to its highest level since the 2008 global financial crisis.
Although U.S. tariff policy announcements have had some influence, the rise in UK bond yields is largely attributed to domestic factors. Conservative MPs have pointed to Chancellor Rachel Reeves’ budget as a trigger, whereas Labour MPs blame the previous Conservative government for creating the challenges that necessitated Reeves’ tax increases.
Rising inflation, reversing its earlier downward trend since October, has further weighed on market sentiment. The upcoming release of UK inflation and GDP data next week will provide further insights.
Technically, GBPUSD remains in a bearish channel, with momentum potentially favoring a drop towards the 1.2067 support level.
GBPUSD SELL PROJECTION GBPUSD is in a downtrend and as we know we are not suppose to trade against the trendline, price as has touched it twice which signifies a strong down trend , so retest to the zone and we go short
GBPUSD → Consolidation in the selling zone held by bearsFX:GBPUSD made an attempt to grow, but could not overcome the bears' pressure zone. The reasons for the growth are the dollar correction, which was short-lived. The main trend is not broken.
On D1 the price after breaking through the key support at 1.25 tested it already as resistance within the correction. A false breakout of resistance is formed and price consolidation in the selling zone. The sharp impulse was related to the dollar, which fell after Trump's comments on rumors related to his policy. The dollar returned to the upside creating another bout of pressure on GBP.
Technically, the main trend is bearish. The price is in the selling zone and bears are not ready to give up their positions.
The risk of trend change may come after the breakout of 1.26, but it is too early to talk about it...
Resistance levels: 1.2575, 1.26
Support levels: 1.2488, 1.2449
The price is trying to consolidate in the selling zone, which generally indicates which way the market intends to go. Bears are increasing pressure and if they keep the price below 1.2488 - 1.2449, we will see a fall in the short and medium term.
Regards R. Linda!
GBP/USD Descending Channel Dominates Bearish OutlookChart Analysis:
The GBP/USD pair continues to slide within a well-established descending channel, with bearish momentum intensifying as it tests key support levels.
1️⃣ Descending Channel:
The pair remains firmly within the red-shaded descending channel, reinforcing the dominant downtrend.
Price is approaching the lower boundary of the channel, a critical area to watch for potential rebounds or further breakdowns.
2️⃣ Key Support Levels:
Immediate support lies at 1.2290, currently being tested.
Further downside could target the next key support at 1.2037 if bearish pressure persists.
3️⃣ Moving Averages:
50-day SMA (blue): Trending downward at 1.2664, reflecting short-term bearish sentiment.
200-day SMA (red): Sloping lower at 1.2804, confirming a broader bearish trend.
4️⃣ Momentum Indicators:
RSI: At 32.8, nearing oversold conditions but still aligned with the downtrend.
MACD: Bearish momentum remains strong, with the MACD line deeply negative and extending lower.
What to Watch:
A break below 1.2290 could pave the way for a decline toward 1.2037.
Any corrective rallies within the channel may face resistance at the midline or upper boundary.
Oversold RSI levels could signal a temporary pullback, but momentum remains bearish.
GBP/USD remains under intense selling pressure as it trends lower within the descending channel. Traders should monitor key levels for potential breakout or continuation signals.
-MW
A SELL OPPORTUNITY EMERGES IN GBPUSD!!!Intraday sell opportunity emerges in GBPUSD as price falls below previous support of 1.23717 take advantage of it ahead of it! Stop loss at 1.26597 take profit at 1.20227
INTERESTING OPPORTUNITY EMERGES IN GBPUSD!Taking a deep dive into the technical structure of GBPUSD, one can deduce the prolonged fall in price over a period of time now. Currently, price trades at a crucial point where we’d experience a high volatility due to the present market conditions coupled with the upcoming Economic reports like NFP news that’s set to be released tomorrow. It’s important we approach the market with utmost caution as we may possible see price plummet lower to 1.20227
GBPUSD 15minStart now a good short trade to 1.2225...
Love Elliott is always the best.
Have a fun !!!!
EURUSD-Short TradePossible return area draw on chart. Confirm your trade with your confirmation strategy.
If you need my strategy, contact me.
GBPUSD is in the Selling Direction after breaking Support Hello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPUSD - Corrective Phase followed by SHORT entryMarket has again broken consolidation phase and re-tested previous support level. RSI divergence is in synch and there is no bullish signal on 1H time frame. market is currently at 4H support level and seems like it will take corrective move till FIB level of 0.382 (which also coincides with drawn trend line). after Rejection from trend line and FIB 0.382 level it will continue for bearish trend and TP1 is LH and other TP is projected new TP-2 which is FIB Extension levels.
Trading GBPUSD and NZDUSD | Judas Swing Strategy 30-03/01/25The past week offered a subtle reminder that trading isn't always about pushing the buy or sell button. Sometimes, when market conditions are less predictable, it is advisable to sit back and concentrate on tape reading to allow market to reveal its intentions before engaging in trades. During the festive season and approaching the New Year, the market often exhibits erratic behaviour, making trading a bit difficult, and traders are often slaughtered under these conditions. Using the Judas Swing strategy, we scouted for trades during this period to evaluate how the strategy would perform under these conditions.
On Monday, we did not find any trading opportunities on the four currency pairs we were monitoring. Fortunately the next day, we saw a potential trading setup forming on GBPUSD which caught our attention. We saw a sweep of liquidity on the sell side, signalling potential buying opportunities on GBPUSD. This followed a break of structure to the buy side, that price leg also left behind a fair value gap (FVG). With these conditions aligning, all we need is a retrace into the FVG to fulfil the entry requirements on our checklist.
Twenty minutes later, we saw the retracement needed to enter the GBPUSD trade, triggered by the candle that closed within the FVG. We executed the trade with a 1% risk allocation from our trading account, aiming for a 2% return on this setup.
This trade barely showed any profit before hitting our stop loss within twenty five minutes, leaving us down by 1% for the day. Did losing that amount bother us? Not at all. We were fully comfortable with the risk we had allocated for the trade.
Wednesday didn’t present any trading opportunities, but on Thursday, we identified a promising setup on AUDUSD that we were eager to capitalize on. Once the price retraced into the FVG and all the requirements on our checklist were met, we executed the trade, risking 1% of our trading account with the goal of achieving a 2% return
The AUDUSD trade came within a few pips of hitting our take profit (TP) before reversing and going the other way. From our backtest data, we’ve observed that taking partial profits negatively impacts the strategy’s overall performance over time. Instead, allowing trades to play out fully either hitting the stop loss or the take profit has consistently delivered better results in the long run. While reviewing our data, we also noted that it’s not uncommon for trades to come very close to hitting TP, only to reverse and hit the stop loss. Although this doesn’t happen often, it’s a pattern we’ve seen before during our backtesting sessions, so it wasn’t surprising when it occurred here.
Taking a loss like this can be emotionally taxing, especially if you risked more than you could afford to lose or weren’t prepared for such scenarios due to a lack of backtesting. That’s why we can’t stress enough the importance of backtesting—it allows you to observe various scenarios in action and equips you to handle these situations more effectively.
Friday didn’t present any trading opportunities, leaving us down 2% on our trading account for the week. However, we’re okay with this outcome, knowing that one good trade can offset those losses.
