GBPUSD SELL NOW!!!GBPUSD made a strong rejections from the previous lower highs and with multiple price rejections am looking forward to see price create new lows from this point
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GBPUSD trade ideas
GBPUSD SelloffDollar should be aggresive today, classic monday dump , i would like to see Daily candle further movement down to my zone . Nice 3.3 Risk reward ratio trade, let's see if it plays out :)
GL Traders
Not advice
possibility of downtrendAs long as the price fluctuates above the support area and the support trend line, the continuation of the upward trend is likely.
With the failure of these areas, the continuation of the downward trend is possible.
Monday market update - GBP/USD focusA busy morning ahead with several key stats for the GBP, followed by the highly anticipated US ISM data in the afternoon.
On the geopolitical side, news just broke that Zelensky, the Ukrainian president, is finally ready to sign a deal with the US regarding minerals. This could support both GBP and EUR against the dollar today.
🔎 As always, keep an eye on the data flow.
📈 Trading plan: I’m buying dips around 1.2560 and 1.2580.
A breakout above the resistance at 1.2633 is on the table, but if buyers fail to hold, the next key support sits at 1.2540, and lower if necessary.
GBPUSDin gbpusd scene 1 is for sell trade its for enough liquid cover by market so i expect scene 1 create there is high chance for sell by tier 1 so i expect sell trade but today is monday so probably scene 2 too create in market but there is 20% chance for scene 2 and scene 1 create by market has 80% chance so, i recommend scene 1.
GBPUSD longPrice is showing bullish signs on the 3M and the monthly
The monthly formed a three pin pattern indicating that price will go higher than February's high at 1.2715
The weekly and daily timeframes are not giving obvious signs as to where price is headed but I am waiting for a buy confirmation to form on the 4h and daily timeframe before I buy the pair.
Bullish bounce off pullback support?The Cable (GBP/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance.
Pivot: 1.2501
1st Support: 1.2328
1st Resistance: 1.2858
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GBPUSD LONGOn the Daily Timeframe, price moved out from an Area of interest and and might be seeking the next area of value due to the lower timeframe of Price Action forming.
4H/1H - Price is trading around the base of an ascending channel which might be signifying a possible change of lower timeframe trend. If the base hold then I'll be waiting for a M15 Flag which I will taking a RE or RRE on it.
GBP-USD 3-MARCH-2025i expect market will continue bearish this 2 days last support in 10h was broken with volume so after this pull back we may see another bear market happen next 2 days
long (buy) position on GBP/USDAscending Trendline: The most visible technical aspect is the upward sloping trendline. This indicates potential bullish momentum, suggesting the Pound is gaining strength against the Dollar. Traders often use trendlines to identify potential entry points in an ongoing trend.
Support Level: The trader has placed the stop-loss (SL) just below a recent low point, indicating they are using this low as a support level. If the price breaks this support, it would invalidate the bullish view.
Resistance Level: The take-profit (TP) is placed above recent high points, suggesting the trader is targeting a resistance level. If the price reaches this level, it would confirm the continuation of the uptrend.
Risk-Reward Ratio: The distance between the entry and stop-loss compared to the distance between the entry and take-profit suggests the trader has calculated a favorable risk-reward ratio.
Fundamental Economic Factors (Hypothetical):
Positive UK Economic Data: If recent UK economic data (e.g., GDP, employment, inflation) has been stronger than expected, it could strengthen the Pound.
Hawkish Bank of England (BoE): If the BoE has signaled a more aggressive stance on raising interest rates to combat inflation, it could attract investment to the Pound.
Weak US Economic Data: Conversely, if recent US economic data has been weaker than expected, it could weaken the Dollar.
Dovish Federal Reserve (Fed): If the Fed has signaled a more cautious approach to raising interest rates, it could put downward pressure on the Dollar.
Market Sentiment: Overall market sentiment could be favoring the Pound due to factors like political stability or positive news flow.
Interest Rate Differentials: If the interest rate differential between the UK and the US is widening in favor of the UK, it makes the Pound more attractive to carry traders.
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Disclaimer: Always include a disclaimer that forex trading is risky and past performance is not indicative of future results.
Chart Clarity: If publishing, ensure the chart is clear and easy to understand.
Fundamental Context: Provide context for the fundamental factors that may have influenced the trade.
Risk Management: Emphasize the importance of using stop-loss orders and managing risk.
Educational Purpose: Frame the analysis as an educational example rather than a trading recommendation.
Time Sensitivity: Forex markets are dynamic, so the analysis may become outdated quickly.
Important Note: Without knowing the exact news and economic data at the time of the trade, this analysis is based on general assumptions. A thorough analysis would require looking at the specific economic calendar and news events at the time the trade was taken.
GBP - Wait until the revise pattern formed at supportHello traders, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is Stop Loss set when opening a trading position, which ensures every trading is risk managed. My 1 to 1 trading training is available, please message. Trade well and good luck!
GBPUSD 1W IdeaPotential for a bearish pullback on the GBPUSD 1W which could lead to a price movement towards the support level at 1.18000. SELL zone from 1.26400
GBPUSD Monthly Bullish, Weekly Bearish March Bullish for GBPUSD but Bearish for the First week. Purely Price Action and Fundamental Analysis.
GBPUSD 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE This chart represents a GBP/USD (British Pound / US Dollar) price analysis on the 1-hour timeframe from FXCM. It highlights key buy and sell zones with a projected price movement.
Key elements in the chart:
1. Buy Zone (Support Area):
The pink-shaded region around 1.25500 - 1.25750 is identified as a buy zone, suggesting that price may find support and reverse upwards.
2. Sell Zone (Resistance Area):
The blue line at 1.26891 is marked as a sell zone, where price previously reversed downward (confirmed by the orange circle indicating rejection).
This area acts as a resistance level, meaning price may struggle to break above it.
3. Price Projection:
The blue arrows suggest a bullish reversal from the buy zone, with a potential move towards the 1.26891 resistance level.
This indicates a buy opportunity in the current region.
Conclusion:
This chart predicts a GBP/USD bullish move, expecting price to rise from the buy zone to the sell zone. It suggests a long (buy) trade
Falling towards 50% Fibonacci support?GBP/USD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.2526
Why we like it:
There is a pullback support level that lines up with the 50% Fibonacci retracement.
Stop loss: 1.2461
Why we like it:
There is a pullback support level that is slightly below the 61.8% Fibonacci retracement.
Take profit: 1.2626
Why we like it:
There is an overlap resistance level.
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POTENTIAL SHORT TRADE SET UP FOR GBPUSDAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
Entry: The price approached the previous HTF swing high zone with an ascending structure on the mid time frame (MTF), forming a head and shoulder pattern at the peak of the ascending structure. Subsequently, the price broke below the mid time frame ascending structure, signaling a bearish shift, and formed another bearish continuation-like pattern.
Expectation: A downward move is anticipated, targeting the base of the mid time frame (MTF) ascending structure.
⚠️ Reminder: Conduct your own analysis and implement proper risk management, as forex trading carries no guarantees. This is a high-risk endeavor, and past performance does not predict future outcomes. Trade responsibly!
GBPUSD: Correction Completed, Downtrend in Progress?On the daily chart, GBPUSD appears to have completed an upward correction in the form of a Zigzag (Wave A equals wave C). Now, we seem to have either completed or are finalizing the first five-wave structure downward (1H), signaling a potential trend shift.
After a short-term corrective retracement, I anticipate a continuation of the decline, confirming the bearish outlook for the pair
GBPUSD H1We have break of reversal pattern and we have CHOCH that s main the price is goen down now if the price come back to our level we take short to next demand zone
LR
GBP/USDOn Daily,
We hit 200 EMA (BLue Line) and reversed the move as this was a major pull back since Mid January. Price failed to match the previous High and it seems it's poinsed to go back down, so far.
On 1H,
we broke through all three EMA (200, 50, 20) and match the previous low at 1.25600.
if we break through this support, we can go down to next psychological Support/ Resistant at 1.24800.
GBPUSD 1H CRT Disclaimer: The charts and analysis presented here are based on my personal research and insights. I am not a financial advisor, and this content is not intended as financial advice or a recommendation to buy or sell any financial instruments. Please conduct your own research and consult with a professional advisor before making any investment decisions.
Credit: Special thanks to Romeo and ICT for their invaluable contributions to the forex industry.
GBP USD SHORTThe British has been in a strong uptrend and broke our support trend and retested in minor / lower timeframe and that's why we are in a short trade which is moving well in our direction.
GBP/USD SHORTThis analysis is based on the provided image and should not be considered financial advice. Trading involves risks, and it is essential to conduct your own research and consult with a financial advisor before making any trading decisions.
