GBPUSD SELL ANALYSIS Deae trader and friends, I present to you my humble idea on GBPUSD for your view and action to trade the market ... Always apply money management.. Good luck Shortby Olumine0
Bullish continuation flagWe are completing the flag then wait for confirmation wether it will confirm or reject Longby TheKang2550
GBPUSD: SWING trend in daily timeframePlease pay special attention to the very accurate trend, and colored levels are very useful. Its a very sensitive setup, please be careful. BEST, MTby MT_TUpdated 0
BEARISH on GPBUSD Bearish Order block at 1.30880 Resistance Bearish short term Pullback Below 200 ema acting as resistance in 1h Shortby TheMarketArchitect2
Fundamental Market Analysis for September 12, 2024 GBPUSDAn event to look out for today: 15:30 GMT+3. USD - Number of Initial Jobless Claims GBPUSD: GBP/USD remains under pressure, trading near 1.3040 as the market reacted to the latest US inflation data. Economic activity data released during the European session seems to have put additional pressure on the pound. While core inflation fell, the annualised core CPI, which excludes volatile food and energy prices, was unchanged at 3.2% in August, in line with market expectations. However, on a month-on-month basis, the CPI and core CPI rose 0.2 per cent and 0.3 per cent respectively, exceeding market forecasts. This data caused traders to reduce the probability of a rate cut by the Federal Reserve by 50 basis points, and the market now estimates the probability of a 25 basis point rate cut at 85%. Weakening of the British pound was fuelled by the reported weak release of Gross Domestic Product (GDP) data during the European sessions. Despite this, leading indicators point to a potential recovery in UK economic activity, suggesting that the Bank of England is unlikely to cut rates by more than 50 basis points by the end of the year, which may provide some support for the GBP, but pressure from the USD on the GBP may outweigh this support. Trading recommendation: We follow the level of 1.3005, if it is fixed above we consider Sell positions, if it rebounds we consider Buy positions.Shortby Fresh-Forexcast20040
GBPUSD#GBPUSD - H1 📣 Analyzing the 1-hour time frame, a break of the downtrend around the 1.3074 level suggests a buy opportunity with a target of 1.3130. ⛔️ Stop loss: 1.3030 Alternatively, if the 1.3030 level is broken, the price could decline towards the 1.2970 area. ⛔️ Stop loss: 1.3074by FXSMARTT0
GBP/USD BULLISH BIAS RIGHT NOW| LONG Hello, Friends! GBP/USD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.322 area. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignals111
GBPUSD SELL WITH LIMIT ORDER!!!!!!!!!!GBPUSD took out the liquidity base structure with a retracement and created new lows indicating that sellers are taking over currently price is heading for a retest for a new lows my limits orders are 1.30728 and 1.31111 one price visited this zone with rejections am in on sell from that point holding till new lows is created........... Lets know your take on this.............Shortby CAPTAINFX20
GBPUSD-BUY strategy 6 hourly Heikin AshiThe pair has reached near my profit objective, and we are oversold now on 6-hourly chart. We may see little lower, and therefore we pick the BUY entry levels instead. Strategy BUY @ 1.3002-1.3025 and take profit @ 1.3127 for now. SL based on your personal preferences. Longby peterbokma1
GBPUSD InsightHello, dear subscribers! Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe! Yesterday, the U.S. August Consumer Price Index (CPI) was released, coming in at 2.5%, as expected by the market, showing a significant slowdown from the previous month’s 2.9%. However, the core CPI (MoM) exceeded expectations at 0.3%, compared to the forecast of 0.2%, showing more resilience than anticipated. As a result, expectations for a 50 basis point rate cut at next week’s FOMC meeting have decreased. The dollar saw a reversal and strengthened as supply flowed back into the market. Currently, the market anticipates that the Federal Reserve will lower interest rates by 25 basis points at the September FOMC meeting. Meanwhile, from May to July, the UK's wage growth hit its lowest level in two years, while employment saw a significant rise. This slightly increased the outlook for further rate cuts by the Bank of England (BOE). The market currently reflects about a 25% probability of a BOE rate cut in September. - On September 12, the ECB’s rate decision and the U.S. August Producer Price Index (PPI) will be announced. - On September 17, the U.S. August retail sales data will be released. - On September 18, the UK’s August CPI and the Eurozone’s August CPI will be announced. - On September 19, the Federal Reserve and BOE will make their rate decisions. GBP/USD is showing resistance around the 1.32600 level, with a continuous downward trend. As mentioned previously, the likelihood of forming a bottom around the 1.29000 level has increased significantly. However, in the medium to long term, the uptrend is expected to continue, with a rebound from the bottom pushing the pair up to the 1.35500 level. That said, if the pair breaks below the 1.29000 line, I will quickly revise the strategy accordingly.Shortby shawntime_academy0
GBPUSD sell opportunity #GBPUSD sell opportunity The price already broke the market structure in a lower time frame. Here is the sell opportunity from 1.28122 to 1.2788 zone. Use does not increase risk reward form 1:1RR All details in the chart. Get your confirmation and execute the trade. Good luck guys!by chamitha45Updated 4
GBPUSD outlook #GBPUSD 4H Timeframe..! Market expectations next week Get your entry with proper confirmation Trading idea only. Trade at your own riskby chamitha45Updated 4
GU bearish pressure will continueNow that we have the bearish breakout. price should continue moving bearish for now. Will wait for London session to find the next entry. Short02:50by DWoodz0
GBPUSD shortHope we had profited from the last analysis. Today we will see a new analysis. Dollar index is suggestive of retracement so this as well impacts the GU movement for a momentary retracement going up. Safe SHORT entry would be 1.30700. If you are a contrarian trader, you can put a very temporary LONG entry. but this should be not for long. The stop loss would be a little bit bigger but its the way it is.Shortby Elijah0071
GBPUSD BEARISHGBPUSD have rejected by resistance zone and the correction trend have been end, and the price is now on its bearish movementShortby CryptoSeniorTrading0
possible Midweek Rallyif thu going to break wed low ill do the same as always .. friday after 2:30 NY time return to 15min OB Bearish setupShortby Bufalodorato0
GBPUSD LONG TERM BUY After a big bullish move in August, we are seeing a retracement in the first two weeks of September which has retested the Lower High and hit a daily FVG. Follow for moreLongby forex_hokage_0
9/11/24 - GBPUSD, Daily chartCurrent GBPUSD chart... in Forex will need to be adjusted soon perhaps. 2 years since I changed this chart. will defiantly need a new chart.by sathomas790
GBPUSD: Long Signal with Entry/SL/TP GBPUSD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy GBPUSD Entry Level - 1.3020 Sl - 1.2979 Tp - 1.3115 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals1
GBPUSD Sept 11 Sell Trade This trade was set in pending order at around 3-4am EST . During London Session. I saw some continuation in bearish structure due to the fact that previous day introduced supply (we can see it in (4h- 1H Timeframe). After carefully checking the Point of Interest, I set the sell limit. Risk to Reward Ratio: 1:7 Supply Entry with confluence in liquidity. move that gives momentum during CPI News release 8:30am EST #wyckoff #patienceShortby glyrad1
An Update on my past post about GBP/USD regarding bias...We are still bearish, Still in the retracing phase from the looks of it. This is the second post related to the GBPUSD Idea. ----------------------------------------------------------------------------------- Break-down of current price action: From the looks of it, last week we ended up pushing up and sweepng 2 major highs. Then an instant dip back down, leaving behind a large wick up and a lower high, therefore confirming more and more that a big downtrend is coming, which in reality is most likely just the higher timeframe pulling-back. Respecting the high is a big one, especially when the purpose of that move that made a lower high, was to also sweep liquidity, then showed its true intention by breaking the low, sharply and aggresively the next day. It also swept our first "White Ray" and we are currently having a reaction from it. The reaction is most likely done now and we are free to move lower, especially with USD Inflation Rate that pushed GBPUSD even lower. Expecting to move even lower for the rest of this week. and hopefully take out the next white rays. Bias: For most of the days my bias on GBPUSD is bearish, there could be days that we have another pull-back that sweeps liquidity and puts another lower high, just like what happened on friday of last week's. Those days its also risky to look for longs, especially if the move youre looking for is big, because again, going anti-trend is very dangerous, since price can reverse up anytime. Conclusion/Summary: Expect to push even lower this week, potentially take out some more white rays, and then getting another pullback that puts a second lower high, which will further confirm the bearish idea. NOTE: i am by no means profitable and this is not financial advice. This is just an idea, based on my experience in trading GBPUSD.Shortby hadi_vol1
GBPUSD CPI thoughtsAfter everything that goes with US, this is how i see CPI will play out , its a gamble ofc Longby RaivisF2
GBP/USD Eyeing Lower Levels?Following economic activity in July stagnating for a second consecutive month, the focus was on the GBP/USD currency pair (British pound versus the US dollar). Monthly Resistance Technically, the trend remains to the upside for the pairing and recently reached a year-to-date high of US$1.3267. Longer-term price action on the monthly timeframe is struggling to find acceptance above resistance at US$1.3111. Although recently breaching this resistance and spiking above the high of US$1.3142 (July 2023) helps confirm an uptrend, the fact price is struggling at the aforementioned resistance may concern prospective buyers. Daily Decision Point Zone Breached Knowing that monthly price is attempting to hold things below resistance, price action on the daily timeframe is seen navigating below a decision point zone at US$1.3081-US$1.3130. Should price clear willing bids around this area, further underperformance could be seen as far south as support coming in at US$1.2994. H1 Ascending Channel In View What’s interesting from a technical perspective is that H1 price is also currently working within the limits of an ascending channel between US$1.3049 and US$1.3087. Ultimately, should H1 action breakout below the said channel, coupled with what the monthly and daily timeframes are currently showing, this could trigger bearish interest towards the US$1.30 handle, closely shadowed by daily support from US$1.2994. Shortby FPMarkets0