GBPUSD SUPPLY ZONE FOMEDGBPUSD SUPPLY ZONE FOMED The new supply zone of GBPUSD has been formed. Therefore, sell GBPUSD when the price retouch around 1.31 SL: Above 1.311 TP1: 1.307 TP2: 1.305Shortby tntsunrise1111
GbpUsdAfter that pump of Gbp yesterday now need some correction to push down till to support line, some littles buys and sell till we broke that support for more down to 1.29400Shortby dritton112
GBPUSD - Double Top GBPUSD has formed a Double Top . Presently the price action is caught between the Neckline of the Double Top and Structural Support. The Double Top is one of the reversal patterns. The projected target is the height of the First Peak. This would put price at 1.2930 , which will lie between the Fibonacci .50 and .618 levels. The current bias is short. Shortby Umlingo9
GBPUSD H1 Bullish Bounce Based on the H1 chart analysis, wait for the price to pullback to our buy entry at 1.3080. a pullback support level. Our take profit is set at 1.3160, identified as a pullback resistance level close to 61.8% Fibo retracement. The stop loss is placed at 1.3050, which is a swing low support 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. 62% 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. 59% 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. Longby FXCM8
GBPUSD Shortprovided the strong retracement in the dollar just a few minutes ago, this could mean that the dollar index may go high as 102. This means that GU could most possibly go down for the time being. Again a tight stop loss wont hurt, and if our analysis proves its accuracy, in the 15 minute timeframe we could expect a profit. So, remember, a good trader must be a good loser.Shortby Elijah0075
GBP/USD: Sideways Movement Expected After ExhaustionGBP/USD shows signs of exhaustion following a Last Engulfing Top pattern, confirmed by yesterday’s break below the pattern’s low. However, instead of a major reversal, the price appears to be setting up for sideways movement. The recently surpassed resistance, now acting as support, is the key level to watch. The market seems to be consolidating around this area, suggesting indecision among traders. I expect the price to range between this support and recent highs, indicating a pause rather than a sharp reversal. Traders should be cautious and wait for clearer signals before committing to a direction.Shortby Tanakorn_Koomrampai_CMT_CFTeUpdated 1
GBPUSD DAILY Trade LONG 1000+ PipsHey Guys, We have this GBPUSD Long trade based on support and resistance, techinal analysis, fib analysis and news. Over the next week, we will be looking at a shoot upwards to the 1.34-1.36 area and then a rejection from there. The trade is still good to get in now! TRADE AT YOUR OWN RISK. THIS IS NOT FINANCIAL ADVICELongby PrimarniSolutionsLTD1
GU still looks bullish price is at a very strong support and price comfortably sits on a strong support while forming a W pattern. let us see if it will break it. Longby eminefohsunday220
Bullish rise?The Cable (GBP/USD) has reacted off the pivot which has been identified as a pullback support and could potentially rise to the 1st resistance level. Pivot: 1.3046 1st Support: 1.2944 1st Resistance: 1.3181 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.Longby ICmarkets4
GBP/USD AnalysisFundamental Overview: UK Employment Data: The latest employment figures from the UK show a slight improvement in the ILO Unemployment Rate, down to 4.1% from 4.2%, and a significant increase in Employment Change to 265K. However, wage inflation (excluding bonuses) has eased to 5.1% from 5.4%, reflecting slower growth in wages. Although these figures offered some short-term support to GBP/USD, the pair struggled to maintain its gains due to a broader risk-averse sentiment in the market. The UK’s FTSE 100 index is also down, signaling cautious sentiment among investors. US Economic Outlook: The lack of high-impact data from the US economic calendar on Tuesday provides little momentum for GBP/USD to attract buyers. Investors are awaiting Wednesday’s US Consumer Price Index (CPI) report for August, which could influence the Federal Reserve's future monetary policy decisions. If the CPI report signals persistent inflationary pressures, it could strengthen the US Dollar further and weigh on GBP/USD. Market Sentiment: The risk-averse atmosphere, likely driven by concerns over global economic conditions, has limited any significant recovery in GBP/USD. This has kept the pair on the back foot, with traders focusing on the upcoming US CPI report as a potential catalyst for the next move. Technical Outlook: Downside Levels: GBP/USD is testing critical support levels as it extends its decline toward 1.3050. The 1.3040 level, which corresponds to the 38.2% Fibonacci retracement of the latest uptrend, serves as the next key support. A break below this could push the pair toward 1.3000, a psychological and static level, and further down to 1.2965-1.2970, which aligns with the 50% Fibonacci retracement and the 200-period Simple Moving Average (SMA). Upside Resistance: On the upside, immediate resistance lies at 1.3100 (static level), followed by 1.3130, where the 20, 50, and 100-period SMAs converge with the 23.6% Fibonacci retracement. A sustained break above 1.3130 could trigger a recovery toward 1.3200, another psychological and static level.Longby Forex48_TradingAcademy111
GBPUSD WILL FALL SELLalways breakeven after 20 pips tp and sl mentioned not a financial adviceShortby ArehmanB1
GbpUsd - Short-term SellOn the H1 chart, after breaking the medium-term upward channel, we expect the price to pull back to the 23.6% retracement zone. If this zone is broken, we anticipate a decline towards the main channel resistance and a corrective upward move from the main channel. In case the main channel is broken, our first major target will be the 38.2% Fibonacci retracement zone. Additionally, on the H4 chart, the price has been in the overbought zone on the 21-period RSI for a long time. This creates downward pressure for a pullback.Shortby TradeAndMeAppUpdated 116
GBPUSD LongThis long is justified by the small orderblock created in the early movements today. also the dollar index seems to have stalled on its particular price now. with a very tight sl, you can venture to take some descent profit in this entry. again, setups are not 100% failproof so it is best to safeguard your entry with a good sl.Longby Elijah007335
GBPUSD Bearish Breakout! GBP-USD is going down And the pair broke the Key horizontal level Of 1.31064 which is now A resistance and the breakout Is confirmed so we are bearish Biased now and we will be Expecting a further move down !Shortby kacim_elloittUpdated 5
GBPUSD Falling Post US DataDollar strength has fed into markets and pulled down counterparts. Forceful PA on sentiment change, room to go till key support.by WillSebastian4
GBPUSD Will Move Higher! Long! Here is our detailed technical review for GBPUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.306. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.316 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider112
This is how you tradethis is not a signal but I'm showing you how I look and treat the chart... I will publish more tut in the future hope you get benefit of it...Educationby Wisam_AdilUpdated 224
GBP/USD back below 1.31GBP/USD trades back below 1.31 after disappointing UK GDP figures. Ongoing stagnation brings headwinds for Chancellor Reeves ahead of the Budget next month. USD weakness keeps the pair supported. After running into resistance at 1.3265, GBP/USD has fallen lower, taking out the 1.3140 July 2023 high and testing the 20 SMA around 1.31. The pair continues to trade in a rising channel, although momentum is waning. Should support at 1.31 hold, buyers will look to extend gains towards 1.3140 and 1.3265, the 2024 high comes back into play. However. a meaningful move below the 20 SMA, brings 1.30 into focus and a break below here negates the near-term uptrend, opening the door the 50 SMA and then 1.29 support. by FOREXcom1
GBPUSD BUY ANALYSIS DOUBLE BOTTOM PATTERNGbpusd has form a double bottom and now want move up after some support around area of 1.30742 there is a bigger chance that it will go up and going for LONG is needed with target profit of 1.31698 and stoploss of 1.30357 . Use money managementLongby FrankFx141
GBPUSD- DowntrendGBPUSD is currently accepting the position of down trend. It would be perfect when the price retests the zone with confirmation. Be aware if the price push up aggressively and make balance above the zone. Disclaimer , This is not a financial advice or any sort of that, this is purely for informational purposes only and is not intended to be personal financial advice. Trading involves substantial risk of loss and is not suitable for every one.Shortby Bilind-GeniusScalper112
gbp usdhi guys this its my next trade idea to go short for the nex 12/24 hours, good luck every oneShortby Xolo333114
GBPUSD forms double top patternOn the 4-hour chart, GBPUSD has formed a double top pattern. At present, we can pay attention to the supply zone of 1.311-1.314. If the rebound is blocked, we can consider shorting, and the downside target is around 1.300.Shortby XTrendSpeed3