Gbpusdbearish.... asian took the negative u.s. lead, nikkei -3.3% capping risk sensitive gbpShortby no379pdf0
GBPUSD bearishGU in bearish trendline LH & LL sell limit entry at fib .5 SL above last LHShortby fay_pasai110
GBPUSD | Marketoutlook Investors are preparing for the publication of macroeconomic data next week. The June unemployment rate may increase from 4.4% to 4.5%, with employment falling by 35.000 and the dynamics of average wages, including bonuses, from 5.7% to 4.5%, showing signs of a cooling labor market. In July, the consumer price index, according to preliminary estimates, will adjust from 2.0% to 2.3% YoY, and the core indicator from 3.5% to 3.4%, in line with the Bank of England’s calculations, as a result of which the regulator’s officials will continue the cycle of interest rate cuts.Longby DCFX-TAUpdated 2
Sell I'm selling from that block as a result of expansion and my target is on the 4hour timeframe. Shortby Eseduabasi4
CALLING SHORTS ON GU (A LIFELONG STRATEGY THAT WORKS!)Hi Guys, I have just provided a video narrative of how I make successful trades in the Market. Please watch and Enjoy. #Sirtuns15:18by Sirtuns6
GBPUSD H4 | Bearish Drop Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.3112, which is an overlap resistance. Our take profit will be at 1.3049, a pullback support level. The stop loss will be placed at 1.3153, which is an overlap 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. 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. Shortby FXCM5
British Pound / U.S. Dollar _ 2024 _ Distribution prices.British Pound / U.S. Dollar _ 2024 _ Distribution prices. Distribution prices = Suport confirmation = $1.33161 1st Distribution: 1.34144 1.35290 1.35816 1.35961 ______________ 2nd Distribution: 1.37069 1.37233 1.38176 1.38261 1.38329 1.38846 1.38923 _____________ 3rd Distribution: 1.39170 1.39735 1.40202 1.40762 1.41488 _____________ 2024 End of the Economic Cycle Distribution price= 1.42528 Longby Skill-Knowledge-Conduct0
GBPUSD Long IdeaMarket as be making HH and HL so its safe to say we are in an uptrend. Now market is probably pulling back into an SnR and demand zone that was created at 0.236 and probably a trendline touch depending on how fast the pullback occurs. When market gets to our area of confluence then we can look for a bullish signal to go long. ENTER THE TRADE WITH BULLISH CANDLE STICK PARTTERN Longby Bello-swings2
Sell ideaThe general trend is SELL. This is a scalp sell. It is not an investment idea but just where I se the market possibly reversing from.Shortby Eseduabasi1
GBPUSD Buy Setup1,GBPUSD Majer Trend is Bullish. 2, Minor Trend bearish. Note: Do your Own Research and Trade wiselyLongby FalakSHAH4419
goinnn downnnLooking for a drop base drop setup, this is based from supply and demand zones as well.Shortby ScottyPipin2
ride the wave downThe dollar is going higher so ride the wave! The trend is your friend!Shortby misternico0
GBPUSD LONGGBPUSD LONG GBPUSD retested the resistance level of 1.3110. GBPUSD is now about to bought with lot of volume. its time to buy GBPUSD with 1:1 Ratio... Longby Indextrader_praveen2
GBP/USD Breakout Alert: Potential Bear Ride Ahead! Breakout Inside Day: A breakout inside day pattern is observed, signaling a potential move. Critical Level: A close below 1.3100 could indicate a strong bearish momentum. Support Zone: The next major support is at 1.2800, which could be the target if the bearish trend continues. RSI Insight: RSI at 58 suggests momentum is cooling, making it a critical point to watch for a potential downturn. Shortby GlobalMarketGuru6
Short trade Trade Details: Date: 2nd September 2024 Pair: GBP/USD Time: 11:00 PM during the Tokyo Session PM Trade Type: Sellside trade Entry Level: 1.31543 Profit Level: 1.31998 (a 0.66%) Stop Level: 1.31341 (a 0.11% ) Risk-Reward Ratio (RR): 6.22 Thought Process: On the morning of 3rd September 2024, at 6:30 AM GMT, we observed a bias towards the downside. This assessment was influenced by a previous buyside trade, indicating a potential shift in market sentiment. The stop loss of the prior trade suggests that the market may be experiencing downward pressure, leading to a sellside trade. The high Risk-Reward Ratio (RR) of 6.22 indicates taking on a relatively small risk compared to the potential reward, which aligns with my observation of a strong downside bias. This setup suggests confidence and continuation of the downward movement. Further to add the previous stop executed in the buyside trade, with an RR of 3.32, also supports the current sellside narrative showing a pattern of lower highs at this time. Shortby davidjulien369Updated 2
GBPUSD | Bearishprice has started its bearish trend by forming a series of LH and LL. will take short entries on 0.5 and 0.6 fib level. risk 0.25% Shortby SA-TechnicalUpdated 113
GBP USD Trade Setup 1 hour timeframe.Following the head and shoulder pattern formed on GBP USD last week the price has been pushing down as DXY continues bullish.. As we all know the market dose not move in a straight line up trend makes higher highs and higher lows, down trend makes lower lows and lower highs. On the 1 hour timeframe GBP USD has broken a structure level to the downside, before we can sell we need to see a pullback of the next candlestick retesting the lower low level. ⏰Shortby OfficialUBKFX2
GBP/USD Technical Analysis: Bearish Correction Expected in BulliBased on the GBP/USD chart analysis and considering the information, here are my expectations for the next 4 weeks: General trend: The long-term trend appears to be bullish, with the price above all major moving averages (MA Ribbon). However, a correction has occurred in recent weeks. Technical analysis: The price has recently broken below the 20-period moving average, indicating a possible weakening of the short-term bullish trend. Bollinger Bands (BB) are narrowing, suggesting a possible consolidation phase. The Stochastic RSI shows a bearish crossover in the overbought zone, indicating potential further downward movement in the short term. Key levels: Support: Area around the 55-period moving average (green line in the MA Ribbon). Resistance: Recent highs around 1.3150-1.3200. Expectations for the next 4 weeks: Weeks 1-2: Likely continuation of the bearish correction or sideways consolidation. The price might test the support around the 55-period moving average. Potential bearish target: 1.2900-1.2950. Weeks 3-4: If support holds, we could see a bounce upward. In case of a support break, the bearish movement could extend towards the 100-period moving average. Possible formation of a reversal pattern (double bottom or inverse head and shoulders) if the main bullish trend should regain strength. Factors to monitor: Upcoming economic data, especially related to inflation and the labor market in both the UK and US. Monetary policy decisions from the Bank of England and the Federal Reserve. Geopolitical developments that could influence global risk sentiment. Trading strategy: Short-term: Consider short positions with targets around 1.2900-1.2950, with stop losses above recent highs. Medium-term: Look for buying opportunities on significant pullbacks, especially if the price finds support around the 55 or 100-period moving average. Use stop orders and actively manage risk, given the potential volatility. Remember that these are projections based on technical analysis and available information. Unforeseen events or significant economic data could quickly alter this scenario. It's always advisable to adapt the strategy based on market evolution and use appropriate risk management.Shortby neminiscire222
GBPUSD 1.31319 -0.09 % INTRADAY SET-UP SHORT IDEA NY SESSIONHELLO TRADERS Hope everyone is doing great 📌 A look at The CABLE Heading into the NY PM SESSION * Still on a bearish Overflow on the 4H looking for a continuation with the bears on GU. * We just put in a short term high which might possibly be inducement with that 4h -OB but we will see with price. * sweep of the short term high would signal mitigation of the -OB and should it hold will be looking for possible shorts at the Oder-block. 1H GBPUSD The 1H -ob is rejecting with London pushing into this PD ARRAY, closure will be a signal for directional bias on GU heading into NY and towards the closure of London. * Rejection at this OB possibly signals continuation with the bears. 15M * Looking for the take of that ERL. * Looks like we are in a seek & destroy profile looking to take as such * awaiting the 4H to confirm directional bias heading into NY am session. * BASED on the price action served next session... * We will see what does the market dish. 🤷♂️😉🐻📉🐮📈 HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK. SEE YOU ON THE CHARTS. IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE SMASH THAT 🚀 & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤ LOVELY TRADING WEEK TO YOU!Shortby PULEMokhothuUpdated 141422
Selling gbpusdOur first idea already in 100 pips H4 trend broken and daily candle forming downside the trend clearly Overall bearish like all usd pairs eurusd , audusd ,nzdusd and now in safe heaven Shortby forexagent6
GBPUSD BearishGBP/USD has been bearish since August 28, 2024, and we believe it will drop100 pips. Shortby FXTradingAnalysis1
GBP/USD: Monthly and Daily Support Could Encourage Buyers North Looking at GBP/USD from a technical point of view, it is clear the pairing is higher in the long term, recently forging a fresh YTD high at US$1.3267. Monthly Chart: Scope for Further Buying Based on the monthly timeframe, the fresh high positioned price north of resistance coming in at US$1.3111, which could now deliver support to the market. The next port of call for the monthly chart can be seen at resistance from US$1.3483; therefore, assuming US$1.3111 holds as support, further outperformance could be on the table. Daily Chart: Holding at a Decision Point The daily timeframe is interesting, as the unit trades from a decision point zone at US$1.3081-US$1.3130 formed before breaking the US$1.3142 peak established in mid-2023. As a result, this is an important zone from a technical standpoint and is currently holding ground. H1 Chart: Breakout Higher Could Trigger Buyers Looking at things from a shorter-term perspective on the H1 timeframe, a descending channel is in play, extended from the YTD high of US$1.3267. With the currency pair unable to venture south of the US$1.3110 lows fashioned last Friday (black arrows) and price action now seen breaking out above channel resistance, this could trigger GBP demand, backed by the monthly chart trading above resistance and the daily chart testing a decision point zone. Longby FPMarkets1
GBPUSD=BuyContinuation to the upside as it bounces off a 4 hour demand zone. lets see how it goesLongby WaveAway3311