GBPUSD ANALYSISAfter seeing the daily candle show selling momentum, we could be looking at a bullish leg to the upside following how the weekly closed last week and the structure on the 4hr timeframe showing bullish legs to the upside Long03:33by Technicalrayner4
GBPUSD BUY SETUPGU still in up trend and broke above major structure. Look for continued buy opportunities on the pull back or retest to catch the next bullish wave!Longby TheForexWave5
GBPUSD Outlook💹 PAIR: 👁️ Bullish Outlook: GBPUSD has been breaking into new highs on our Weekly, Daily, and 4hr time frame. Price has now made a valid HL pullback, I would like to see 1 of our Valid Engulfing Patterns while staying above the 50ema. Keeping an eye on this pair!Longby angelvalentinx1
2.6RR SHORT ON GU ??The 15 min base of the top range is holding on the lower timeframes indicating a potential decline is on the horizon. Still waiting for some sort of confirmation but as things stand, it seems price is heading downwards to the base of the 15 minute bottom range. Good time to short?? ONLY TIME WILL TELLShortby Izzy_AaronsonUpdated 1
GBPUSD LongGBPUSD is making a series of higher highs and higher lows i.e. a bullish trend. There is no divergence yet. A bullish flag also signals trend continuation. USD index is currently bearish and GBP index is bullish. Due to all these signals, we can assume trend contiuation.Longby ruba_hasan962
GBPUSD - Bullish Trend S2The trend is looking good with no divergence. The indices are opposite and we will buy it instantly. The trade levels are set!Longby Khizer98Updated 0
GBPUSD - Bullish Continuation S2The price is in a good uptrend with no divergence at the moment. We have placed the buy limit order with TP at the last high. Let's hope we get into the trade and take our profit!Longby Khizer98Updated 0
GBPUSD - Bullish Continuation S2The price is in a good uptrend with no divergence at the moment. We have placed the buy limit order with TP at the last high. Let's hope we get into the trade and take our profit!Longby Khizer980
gbpusdgbpusd also in up trend and market rejected from his buying level at LTF , no market going to break his high .Longby LearnToTradePk2
GBPUSD - Bullish Trend S2The trend is looking good with no divergence. The indices are opposite and we will buy it instantly. The trade levels are set!Longby Khizer980
GBPUSD**GBPUSD:** This week's forecast is for the price to fall to at least the pivot at 1.2841, towards the bottom of the channel.Shortby simaoxceps5
GBPUSD / TRADING ABOVE TURNING LEVEL - 4HGBPUSD HELLO TRADERS Tendency , the price is under bullish pressure , until trading above turning level at 1.292 . Turning Level: The price is currently trading above this level around 1.292. As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 1.283 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 1.292. If the price reaches 1.283 , and stabilizes below it, it will likely attempt to reach support level (2) support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 1.275 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 1.266 . Resistance Level (1): As long as the price remains above the turning level of 1.292 , it suggests a rising towards 1.303 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 1.310 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 1.316 . Channel Trend: the prices trading inside the channel . TARGET LEVEL : RESISTANCE LEVEL : 1.303 , 1.310 , 1.316 . SUPPORT LEVEL : 1.283 ,1.275 , 1.266 . Longby ArinaKarayiUpdated 10
GBPUSDBuy call genrating in gbpusd as well , as high time frame weekly monthly also bullish and we should try to rejoin bullish trend at lower time frame.Longby LearnToTradePk3
Gbpusd forecast Hi Traders; gbpusd is bearish from specified flag. We have engulf blow of the chart;Shortby Market_Magazine4
GBPUSD(Short)Turtle soup Trading Strategy The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts. It takes inspiration from the famous Turtles trading experiment, where novices were trained on a trend-following system. Shortby fxdemy29251116
GBPUSD Bullish scenariioThe bounce from the above trendline might provide us a very big chance (probability) for the pair to continue its bullish trend.Longby Barbadh226
DeGRAM | GBPUSD reversal from resistanceGBPUSD is moving above the ascending channel and trend lines. The price is moving above the resistance level, which was a reversal point downwards last time. The chart has not yet consolidated above any important level. We expect the price to start declining after the end of the test of the current resistance level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Shortby DeGRAM3315
GBPUSD SELL NOW!!!!!!!!!!!GBPUSD rejected the buyside liquidity and price is expected to drop down to the sell side liquidity to grab liquidity for another buying opportunity am in on sell.......... I want to know your take on this.............. Shortby CAPTAINFX24432
Check the trend It is expected that the upward trend will continue and advance to the specified resistance range. Then there will be a possibility of changing the trend and starting the correction process by STPFOREX3
Jackson Hole Aftermath Sparks 25 or 50bps Debate Jackson Hole Aftermath Sparks 25 or 50bps Debate Federal Reserve Chair Jerome Powell signaled a rate cut in September during his speech at the Jackson Hole Symposium last Friday. In response, the British pound surged over 1%, climbing above $1.322, its highest level since March 2022. Meanwhile, the USD/MXN dropped more than 2%, and the NZD/USD and AUD/USD pairs gained 1.5% and 1.3%, respectively. This week, market participants will continue to digest Powell's comments, with discussions centering around the likelihood of a 25 or 50 basis point cut and where the Fed funds rate might land. Some derivatives markets are already pricing in expectations for the Fed to target a 3% neutral rate. The current range is of course 5.25% to 5.5%. Former Treasury Secretary Lawrence Summers expressed skepticism about the Fed's neutral rate being 3%, arguing that “Fed’s making a serious mistake by believing that the neutral interest rate is so low". This could indicate that the Fed is about to move faster or harder than the economy needs. Despite this, most market participants anticipate a cautious approach from the Fed, favoring a 25 basis point cut in the upcoming meeting over a more aggressive 50 basis point reduction.by BlackBull_Markets2
GBP/USD Daily Forecast for August 26, 2024The GBPUSD pair on the H1 chart is in an upward condition, the estimated potential for further movement is between the levels of 1.31000 and 1.33000.Longby ninafxyoutube5
GBPUSD first selling target and next all bullish target let's seGBPUSD s rally accelerated higher last week and the break of resistance confirms larger up trend resumption Initial bias remains on the upside this week for 100% projection of On the downside below minor support will turn intraday bias neutral and bring consolidations before staging another reallyLongby Fx_Oliviaa8