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British Pound / U.S. Dollar

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GBPUSD trade ideas

GBPUSD BULLISH SENTIMENTKey Points from the Chart: Break of Structure (BOS): The chart highlights a BOS, suggesting that a previous resistance level has been broken, indicating bullish potential. Demand Zone: There's a marked demand zone (gray box) where price previously reacted strongly. The current price action suggests the possibility of a pullback into this area. Predicted Movement: The yellow lines illustrate an expected price dip into the demand zone, followed by a strong bullish reversal towards the 1.3000 level. Analysis Assessment: Demand Zone Validity: The marked demand zone appears to be valid, as it's based on a previous area of strong buying interest. If the price returns here, it could trigger another bullish move. Current Market Structure: The price is forming lower highs and lower lows in the short term, hinting at a bearish retracement. However, the bullish structure from the BOS is still intact. Liquidity Sweep: The chart anticipates a sweep of liquidity below the current low (around 1.29137), which could be a trap for sellers before reversing upward. My Prediction: Short-Term: A likely move down to the demand zone (around 1.2885 - 1.2910) to grab liquidity. Reversal Point: If strong bullish candlestick patterns appear in the demand zone, a reversal towards the 1.3000 level is plausible. Invalidation: If the price breaks and closes significantly below the demand zone, the bullish bias would be invalid, and the price could head lower.
Long
by marzmocha21
1
GBP/USD 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE...This chart is a technical analysis of the GBP/USD currency pair on the 1-hour timeframe. Here’s what it indicates: Resistance Level (Yellow Box): The price has reached a resistance zone where sellers may enter the market. Harmonic Pattern: The shaded pink pattern appears to represent a harmonic trading pattern, possibly a Gartley or Bat pattern, suggesting a reversal at certain Fibonacci levels. Trendlines (Blue Lines): There are two diagonal trendlines, indicating possible price movements. Potential Reversal (Red Arrow & Circle): The price is approaching a key level (highlighted by the orange circle and red arrow), suggesting a potential bearish reversal. Projected Movement (Blue Arrows): The forecast suggests a possible minor upward move before price drops towards the support level at 1.29168 and possibly 1.28779. Overall, the chart suggests that GBP/USD may face selling pressure near resistance and could decline.
Short
by Davidhills_110
GBPUSD Trading Strategy for Next WeekIf no major unexpected situations occur, the GBP/USD is most likely to embark on a downward journey. Dominated by bears, it will gradually decline in a volatile manner, testing the key support level below. GBPUSD Trading Strategy for Next Week: GBPUSDsell@1.2930-1.2980 tp:1.2900-1.2850 sl:1.3000 I firmly believe that realized profits and a high win rate are the best measures of trading proficiency. Every day, I share highly accurate trading signals. These signals include precise entry points, stop-loss levels for risk control, and profit targets derived from in-depth analysis. Follow me to unlock substantial returns in the financial markets. Click on my profile to access trading guides on market trends, trading strategies, and risk management.
Short
by JohnGonzalez7
GBP/USD DAILY SUPPLY ZONE! GBP/USD DAILY SUPPLY ZONE! 🚨📉 🔥 Smart Money Concept (SMC) Idea: 🔹 Price is approaching a key supply zone (marked in blue). 🔹 Liquidity grab? Expecting a potential rejection from this level. 🔹 If price reacts here, we could see a shift in market structure 🏹 ⚠️ Key Levels to Watch: 📌 Supply Zone: 1.3000 - 1.3100 📌 Potential Downside Target: 1.2600 - 1.2400 💡 Will the bears take over from here? Let’s discuss in the comments! 👇 #Forex #GBPUSD #SmartMoneyConcept #SupplyZone
by Greenfireforex
GBP/USD MONTHLY TREND UPDATE! 📈 Elliott Wave Perspective: The pair is following a corrective ABC structure, and we might be heading toward Wave (C) completion in the next months! 🔍 Key Insights: ✅ Wave (A) Completed—Now in a corrective Wave (B) 📉 ✅ Potential Wave (C) Upside Target: ~1.80 📊🚀 ✅ Major Resistance Zone 🟡: Watch for price reaction 💡 Will GBP/USD push higher toward the resistance zone, or is another correction needed first? Share your thoughts below! 👇 #Forex #GBPUSD #ElliottWave #MarketAnalysis #GreenFireForex
by Greenfireforex
GBP/USD - Potential Bearish Reversal Setup 📉Market Structure: The pair has been in an uptrend, forming a rising channel. However, price is now facing strong resistance around 1.2936 - 1.3009, showing signs of exhaustion. A potential reversal could be forming. 🔍 Key Levels: Resistance Zone: 1.2936 - 1.3009 Current Price: 1.2936 Target Support: 1.2208 📊 Trade Idea: A rejection from the resistance zone could initiate a bearish move. A confirmed breakdown below 1.2900 may trigger further downside toward the 1.2208 target zone. Stop-loss placed above the 1.3009 resistance to manage risk. 🚨 Confirmation & Risk Management: Bearish Confirmation: Rejection from resistance with strong selling momentum. Invalidation: A breakout above 1.3009, indicating bullish continuation. Risk Management: Stop-loss at 1.3009 with a favorable risk-to-reward ratio. This setup suggests a short opportunity if price respects resistance and begins a downward move. Traders should watch for confirmation signals before entering.
Short
by ForexOptimizer
GBPUSD Trading Journal March 16GBPUSD Trading Journal March 16 Parent bias is bull Price is delivering to Premium M/W/D Price premium range/previous range is in a premium Note Price is rebalancing a HTF wick imbalance March 17 delivery I would like to see price come to the sell stop take liquidity and make a rally for the buy stop targets Wait for Sundays delivery for more information for Mondays plan Watch the 1 and 2 macro swings Watch what stops are taken My Model Factors Bias for Asia to London bull Price will have to do the following for me to trade *session liquidity taken *macro time only *first presented FVG *4 candle pattern *hour analysis down to 1 min every 15 minutes *every hour mark out what price has done What is your model. What do you need to see?
by LeanLena
GBPUSD: Trading Strategy for Next WeekGBPUSD has already reached the key resistance area. It is expected that an effective decline will start once it reaches the resistance level. GBPUSD Trading Strategy for Next Week: GBPUSD SELL@1.3000-1.3050 TP:1.2900-1.2800 Currently, my account balance has grown from an initial $40,000 to $600,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
Short
by KentJessie6
Gbpusd sell retest from the 61.8 Fibo LevelThe first two weeks of this month gbpusd has been going long for about 400 hundred pips, I expected the target resistance zone is at the price 1.34,400. I still speculate that 1.34400 is a resistance but since the market is at the 61.8 Fibo level ,that is a potential point of price reversal, expecting sell retest makes sense to me. Target sell retracement is at 1.25500 and target resistance after retracement is at 1.34400 . NOTE : be optimistic but remember to take a raincoat
Short
by Kesh_Code
GBP/USD Bullish Breakout AnalysisThe GBP/USD currency pair has successfully broken above a key bullish trendline, signaling potential further upside momentum. This breakout suggests that buyers are gaining control, and the pair could continue its upward movement toward the next resistance levels. Current Market Structure & Key Levels: Breakout Confirmation: The pair has breached the bullish trendline resistance, indicating renewed bullish strength. Immediate Resistance: The price is currently facing a strong resistance level at 1.28120. This level is critical as it could act as a temporary hurdle before further upside movement. Break & Continuation: If GBP/USD successfully breaks and holds above 1.28120, we can expect bullish continuation toward the next upside targets at 1.28700 and 1.29650. Support Levels: In case of a retracement, the pair might find support at the previously broken trendline, which could now act as a demand zone. Technical Outlook: Momentum Shift: The breakout of the trendline suggests a shift in momentum favoring buyers. Volume Confirmation: If the breakout is accompanied by increasing trading volume, it will further strengthen the bullish bias. Fundamental Factors: Any economic data releases related to GBP or USD, as well as central bank decisions, could influence price action and confirm or invalidate the breakout. Trading Plan: A confirmed break and retest of 1.28120 could provide a good buying opportunity with upside targets of 1.28700 and 1.29650. A failure to break this resistance may result in a temporary pullback before another attempt at a breakout. Traders should monitor price action, volume, and potential news catalysts to validate the breakout for further bullish continuation.
Long
by Pipsview_Analysis
GBPUSD TECHNICAL ANALYSIS FOR SELL*GBP/USD Technical Analysis For Sell Zone:* The GBP/USD pair is currently trading at 1.29k, approaching a key selling zone and resistance level at 1.3k. *Selling Zone and Resistance:* - *1.3k:* This level has been identified as a strong selling zone and resistance, where sellers are likely to enter the market and push prices lower. *Support and Take-Profit (TP) Levels:* - *1.25549:* This level is a strong support, where buyers may enter the market and push prices higher. TP level: 1.26500. - *1.23683:* This level is another key support, where buyers may look to enter the market and push prices higher. TP level: 1.24500. - *1.2k:* This level is a psychological support, where buyers may look to enter the market and push prices higher. TP level: 1.21000. GBP/USD has dropped below 1.2900 due to a cautious market mood, despite the US Dollar consolidating weekly losses amid economic slowdown concerns. The pair's decline is attributed to the market's focus shifting to US data, including mid-tier jobs data and Fedspeak ¹. Several key factors are influencing GBP/USD, including: - *US Data*: The US Department of Labor will release the weekly Initial Jobless Claims data, with markets expecting a decline. - *Fedspeak*: Investors will be watching for comments from Federal Reserve officials. - *BoE Commentary*: The Bank of England's hawkish commentary, particularly from policymaker Megan Greene, has supported the Pound Sterling. - *Trump's Tariffs*: The US President's decision to grant exemptions from tariffs has improved risk mood, but concerns remain about the economic impact.
Short
by Expert_Travis
1