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GBP/USD_SPT - GBP/USD

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GBPUSD_SPT trade ideas

DeGRAM | GBPUSD a pullback from the trend lineGBPUSD is moving in an ascending channel between the trend lines. The chart has formed a reversal harmonic pattern. Having reached the level of dynamic resistance, the price sharply went down, which has already happened on the chart for the second time. The pair touched the dynamic support. We expect the continuation of the pullback to the correction level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Short
by DeGRAM
4
Must I Trade The Current Trend, If Yes, Then Am Bullish On GBPUSOANDA:GBPUSD Emphatically, I analyze and trade the current flow, or what you can also call the current price action, looking at the 4H Timeframe you can notice a strong buy momentum, creating new structures and leaving gaps behind to be mitigated or filled, once that is achieved by a pullback, which will also take out the liquidity, GBPUSD will irresistibly continue the rally to make a new higher high. Sit back and watch, or do your own research and join the flow. If I may ask, what would you have done currently, considering the latest steady movement, Buy or Sell?
Long
by Samchi01
1
GBPUSD is Bullish short-termGBP/USD Technical Analysis (1-Hour Timeframe) - Current Price: 1.3040 Trend Overview: GBP/USD is in a short-term uptrend on the 1-hour chart, with the price trading above key moving averages, reflecting bullish momentum. Key Levels: Immediate support: 1.3000 (psychological level) and 1.2965 (recent swing low). Immediate resistance: 1.3075 (recent high) and 1.3120 (next key resistance). Price Action: Price action shows higher highs and higher lows, indicating continuation of the upward trend. A potential bull flag pattern is forming, signaling a possible breakout above 1.3075. Potential Scenarios: A break above 1.3075 could see the pair advance toward 1.3120 or even higher. On the downside, if price falls below 1.3000, it may pull back further to 1.2965. Conclusion: The short-term bias is bullish while above 1.3000, with upside potential toward 1.3120 if 1.3075 resistance is breached.
Long
by Amr_m
1
Gbpusd new demand zoneHello everyone, I've identified a fresh demand zone in the GBP/USD pair, and the location looks quite promising. You can approach this trade in two ways: either set a buy limit at the weekly demand zone or use price action to enter on lower timeframes. Personally, I use both strategies. As always, it's essential to apply proper money management and never trade without setting an appropriate stop-loss. Remember, trading is a game of probabilities, so your success should be evaluated over a series of trades, not just one. Thanks!
Long
by MohammedFaysal
GBPUSD H8 - Long Signal 1.30 HANDLE GBPUSD H8 We broke slightly south of our 1.30 handle and psychological price late last week, that being said, it was fairly minor, merely just 30 points. We have now adjusted our entry price and SL positioning in the case this setup wants to attempt to break higher. We have an attractive area of support and demand, mixed with the previously mentioned confluences. Not a great deal of data out today, so maybe it’s worth monitoring these trading zones and prices and waiting until the volume really starts to drive in. DXY approaching that 104.000 number, this is where we would expect rejections and therefore GBPUSD to climb higher, but in the interim, this may lead GPBUSD to trade south of 1.30 again in the short term. Let’s see what unfolds, but this is certainly on the watchlist this week.
Long
by Trade_Simple_FX
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by FXOpen