GBPUSD & EURUSD Gap Trades Explained Both GBPUSD and EURUSD are going to fill the gaps up opening. As a confirmation, I see breakouts of a necklines of triple top and double top patterns on both pairs. EURUSD goal - 1.04266 GBPUSD goal - 1.2542 ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader118
GBPUSDGBPPUSD ( British Pound / U.S Dollar ) Bearish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure and Retracement Completed " 1234 " Impulsive Waves Order Blockby ForexDetective5
GBPUSD LongGU has been making its way to a 4H/Daily supply zone for some time now. Scaling down, GU has retraced to a 2 4H demand zones then gapped up for a market structure shift (change of character). I’m waiting for the gap to be filled, thus rebalancing the market, then looking for another market structure shift (change of character) to take price back up to the swing highLongby trendylj1
possibility of uptrendThe price is expected to fluctuate within the current support range, and after the downtrend ends, we will witness a trend change and the start of an uptrend If the price crosses the red support range, the continuation of the downtrend is likelyLongby STPFOREX0
GBPUSDThe USD has been dominating across all USD pairs, driven by positive economic news out of the US and weaker numbers from the EU. The question is whether this momentum will continue, leading to further downside for pairs like GBP/USD and EUR/USD, or if we'll witness a complete USD dump as we head into 2025. Interestingly, many retail traders are looking for long positions, believing that GBP and EUR are oversold. The big question is: Will large institutions take advantage of this sentiment, potentially trapping retail traders before continuing the downtrend?Longby EzratradesFX118
Buy gbpusdLast week show fake breakout and now daily and weekly candel start from upside the trend Min.. target 800 pips Daily and weekly oversold pairLongby forexagent5
update on gbpusd buy held through out friday session close and weekend . TP hit. followed the required rules and let price do what it needs to do .Longby charterprice0
GBPUSD H4 | Bearish ReversalBased on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2615, which is a pullback resistance and a 61.8% Fibonacci retracement. Our take profit will be at 1.2539, a pullback support level. The stop loss will be at 1.2702, an swing high resistance level. 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. Shortby FXCM8
Bearish drop?The Cable (GBP/USD) is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support which acts as an overlap support. Pivot: 1.2615 1st Support: 1.2324 1st Resistance: 1.2825 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.Shortby ICmarkets5
a clear vision why i take trade that i might lossSo let's talk. So basically, I believe if you know the price going own or up you can follow it. But to mark it you need a high and low. Just like that but the hard part is to find the high and low. o if you find a higher time frame high or low. You can see the market going up or down. I find the higher time frame high I suppose and by finding it I can find the market direction. But I am not talking about an entry in the HTF. So I am taking ltf entry ( not verification). In every impulse move of HTF, there is a lower time frame trend. So I am trading the LTF trend. in this case a downtrend. But the trick part is, if I fail the LTF entry I will short based on the HTF downtrend. So you can see the marking is all LTF. Enjoy my 50:50 trade were I didn't verify the LTF entry using a 3 or 1 minute time frame.Shortby rufaidem118
Potential bearish drop?GBP/USD is rising towards the resistance level which is a pullback resistance that lines up with the 61.8% and the 23.6% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.2619 Why we like it: There is a pullback resistance level that aligns with he 61.8% and the 23.5% Fibonacci retracement. Stop loss: 1.2725 Why we like it: There is am overlap resistance level that is slightly below the 50% Fibonacci retracement. Take profit: 1.2473 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.Shortby VantageMarkets5
GBP/USD Longs from this weekly demand This week, my analysis suggests that GU is likely to experience a bullish reaction from its current position. Price is sitting within a key weekly demand zone and has already surpassed the 50% retracement mark, signaling a potential area for long opportunities. At the current level, there is a 1-hour demand zone nearby, with another demand zone just below it. I plan to watch for price accumulation in these areas, particularly to take out the weekly low. Once that occurs, I’ll look for my lower time frame confirmation to enter long positions. My primary target will be the Asian session high near the supply zone above. Confluences for GBP/USD Longs: - Liquidity Targets: Significant liquidity rests above, including the Asian session high. - Supply Zone Mitigation: A strong supply zone above has yet to be mitigated. - Retracement Setup: The bearish trend suggests the need for a retracement upward. - Imbalances Above: Price has left clear imbalances that need to be filled. - Weekly Demand Zone: Price is currently reacting within a high-probability weekly demand area. P.S.: If price opens the week with bullish momentum but doesn’t provide a clear entry setup, I’ll shift my focus to the mitigation of the supply zone above. This would present potential sell opportunities to continue the broader bearish trend.Longby Hassan_fx5
Will bears keep pushing this market lower?taking a deep dive into GbpUsd, we are more likely to see a pull back to the 1.2600-700 level and a reaction from that level should lead to a further downside, looking for a 4h bearish engulfing candle and a 1h evening star at this area of interest before taking a position. Shortby wizzywise1113
GBPUSD is in the Selling Direction after breaking suPportHello 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 ChartsLongby ForexMasters20002
MY ANALYSIS ON GBPUSDGBPUSD is on down trend and has broken daily rectangular channel . weII, patiently wait for the retest and candle confirmation to join the sell.#krizzforex Shortby KRIZZ_FOREX1
GBPUSD TRADE SETUPWait for retest the entry level and bearish momentum and confirmation candle then take a trade for Sell otherwise skip this setupShortby JinnatAlamSumon4
GBPUSD at Weekly Support ZoneGBPUSD is at its weekly support zone where at the closing of the last week, Bulls gained their strength after a bearish setup. Now it is ready to Go Back as the Bullish Trend has been started.Longby KhanFx127
Sell Idea on GBP/USDThe GBP/USD pair is showing bearish pressure after rejecting the resistance level at 1.2300. The formation of lower highs and the break below the 1.2200 support level indicate potential continuation of the downtrend. 🔹 Technical Analysis: The 1.26000 level is acting as a strong resistance zone. The RSI indicator is below 50, supporting bearish momentum. 🔹 Key Notes: Ensure proper risk management with a risk-to-reward ratio of at least 1:2. Watch for key economic events related to GBP and USD that could impact this pair. This idea is for educational purposes only, and trading decisions are the responsibility of the trader.Shortby mohammad_alavi5
GBPUSD SHORTWe remain strongly bearish on GBP/USD, and the pair is expected to continue its downward movement next week. USD news is likely to come in relatively strong, putting additional pressure on GBP/USD. Moreover, economic uncertainty in the UK, combined with the global geopolitical situation, is making GBP/USD even weaker. Last week, I highlighted that GBP/USD was heading lower while many anticipated an upward move. I see the same pattern unfolding this week. Stop trying to catch a reversal—stick to the trend and align with the fundamentals.Shortby OliverFRX3
Is the pound losing its important support?Considering the resistance in the range of 1.2570, if this area breaks, we can expect that the range of 1.2685 will continue to rise. Otherwise, the support range of 1.2471 will be broken Expect to continue falling to the range of 1.2343 by arongroups1
Looking to long GU and then short itGoing to long (counter-trend) GU after it closes past the 1H high, then comes back for the retest. Then later short it (trend)Longby Terminator69-24
TRADE OF THE CENTYURY we had a clear multi touch identification pattern on the supporting trend, price went up to create a running channel which is also on its third touch at support. the bullish momentum will be great as the dxy has also shown signs of a promising bearish move Longby DaForexWitch016242458