GBPUSD Partials taken out on Shorts and BE! New Longs in Play (with reduced RISK - the hesitation kicks in on this position - ll add more when we get further confirmation) previous Longs Held!
British Pound / U.S. Dollar forum
๏ปฟGBPUSD Partials taken out on Shorts and BE! New Longs in Play (with reduced RISK - the hesitation kicks in on this position - ll add more when we get further confirmation) previous Longs Held!
GBPUSD Entry taken
GBPUSD Analysis of the Day and Month (BULLISH)
GBPUSD Im long SL : 1.32876 TP 1.33320
GBPUSD Sellar active trade nowGBPUSD As said in my last post, the price paved path towards a NEW Short trade! Lets ride it!
GBPUSD GBPUSD Daily Analysis Based on Main Key Levels โ 28 April 2025
Daily Current Market Price (DCMP): 1.33142 ๐น
Swing High (Daily/4H): 1.32077 | Swing Low (Daily/4H): 1.27081
Critical Price Zones
Above DCMP (Resistance)
R1: 1.33353 ๐ฉ | R2: 1.33514 ๐ฉ | R3: 1.33775 ๐ฉ
Below DCMP (Support)
S1: 1.32831 ๐ก๏ธ | S2: 1.32670 ๐ก๏ธ | S3: 1.32409 ๐ก๏ธ
Technical Landscape
Fibonacci Confluence: Strong support cluster at 1.32409โ1.32670 (61.8% retracement zone from recent swing low).
RSI (14): Bullish divergence forming at 54.6 on 4H chart.
MACD: Bearish crossover fading, suggesting momentum shift.
Intraday Trade Setups
Buy Opportunity ๐ข
Entry: 1.32505 (Fib-aligned support)
Stop Loss: 1.31329 ๐ด
Take Profit 1: 1.33092 ๐ก
Take Profit 2: 1.33231 ๐น
Rationale: Price tests multi-session support with RSI divergence. Upside targets align with pivot convergence zone.
Sell Opportunity ๐ด
Entry: 1.33231 (pivot-turned-resistance)
Stop Loss: 1.33958 ๐ด
Take Profit 1: 1.32831 ๐ก
Take Profit 2: 1.32670 ๐ก๏ธ
Rationale: Rejection at swing pivot resistance aligns with overbought conditions. Downside targets Fib support cluster.
Market Outlook
GBPUSD consolidates near 1.33142 with three decisive scenarios:
Bullish Breakout: Sustained close above 1.33775 (R3) opens path to 1.34407 resistance.
Bearish Reversal: Breakdown below 1.32409 (S3) risks plunge to 1.31329 support.
Range Play: Choppy action between 1.32670โ1.33514 likely ahead of BoE policy clues.
โก Key Catalyst: UK retail sales data at 08:00 UTC may drive GBP volatility โ monitor price-action reactivity.
GBPUSD Partials Out at +40 PIPS, Lets see if the bears can knock down! Or if they would not give a damn!FYI! LTF Bullish Trend is Ultra Ultra Strong! This is a decision time for a Add on (Longs) or a New (Short) Trade.
GBPUSD So far so good! I took 3 Trades 2 Winners and 1 LLongs are still open, took partials and we are at BE trailing ahead!
