GBP/USD1. uptrend is clear 2. price must now move down to the support zone that was previously a zone of resistance. 3. price must form a bullish candle pattern (potentially a good buy if price does 2 and 3.)Longby bogdangrymut1
GBPUSD IS BULLISH AND WHAT'S NEXT?The GBP/USD has broken above the major resistance at 1.31450, forming a well-defined bullish channel that has been guiding the price steadily upward. The upper boundary of this channel has acted as a strong resistance, and there is a possibility of a short-term pullback as the price approaches this level. This potential reversal could lead to a retest of the previous resistance. It's important to closely monitor how the price reacts to both the resistance level and the channel boundaries to make informed trading decisions.Longby traderchamp_4
Gbpusd sellingDaily upper resistance touch liquidity sweep upside now some retrace form this level 2 weeks selling Shortby forexagent8
GBPUSDThis is my overall view about this market for the upcoming weeks. If you find this work useful push like please. Longby HaremRebwarUpdated 5
Strong bullish trend will continue or there is a retracement?Gbpusd price in strong bullish trend, it will continue or there is a retracement, as per RSI a bearish divergence formed, it's indicate there is might a retracement.Shortby AsifAwan11117
GBPUSD TRADE SETUPWait for retest the key level then take a trade for Buy otherwise skip this setupLongby JinnatAlamSumon5
GBPUSD analysis week 35Fundamental Analysis GBP/USD surged in North American trading after Federal Reserve Chairman Jerome Powell gave the green light to interest rate cuts, as he believes inflation is approaching the central bank's 2% target. The pair traded above 1.3200, at a fresh two-year high, up more than 1%. Bets on a 50bps rate cut opening in September have increased after Fed Chairman Jerome Powell, in his speech at the Jackson Hole Economic Conference on Friday, publicly admitted that it was finally time for the US central bank to start pushing down its benchmark interest rate. Next week, GBPUSD traders will want to keep an eye on the upcoming UK bank holiday on Monday. For the rest of the week, UK economic data releases remain limited, although the currency market will pay special attention to the upcoming US Gross Domestic Product (GDP) growth and Personal Consumption Expenditures (PCE) inflation figures due later next week. Technical Analysis: GBPUSD formed a strong uptrend at a two-year high following the latest Fed data. On the D1 timeframe, the EMA 34 is sloping up strongly against the EMA 89, suggesting that the market structure is tilted towards the upside with the nearest trading range around 1.328-1.314. With such a strong rally, the highest the pair can reach next week is around the resistance zone of 1.341. It is quite difficult to find a good SELL point when the market has not reacted to the price at the moment. Any pullback at this point is seen as a good time to buy rather than a trend reversal. The best BUY level is around 1.300 strong resistance zone which GBPUSD has broken through and now forms strong support zone when the pair price returns. Resistance: 1.328-1.342 Support: 1.314-1.300 Trading signals BUY GBPUSD zone 1.300-1.298 Stoploss 1.296 SELL GBPUSD zone 1.342-1.344 Stoploss 1.346by TVS-Trader3
GBPUSD WEEKLY ANALYSIS The weakening dollar with the Jackson Hole anticipated affirmation of expectations for an interest rate cut on September and an arguably stronger pound has seen price move to yearly highs tapping into the monthly sibi. Looking for the price to react from the imbalance and trade a little bit lower so coming week would love to see a sweep on last week's high in the early sessions on Monday ,turtle soup on the 4hr post Asia/London and go short and target past 1.31760 and 1.31110 and probably lower on the nfp. NB: Will be keeping an eye on the consumer confidence and unemployment claims later during the week.Shortby hskarue113
ascending broadening wedge in GBPUSDThe weekly candles on GBPUSD point to a clear ascending broadening wedge pattern. The last wave reached the price of 1.3220, which corresponds to the upper boundary of the wedge pattern. I expect another bearish wave to start soon and reach at least the 1.28 area.Shortby DenizTrading8
GBPUSD SHORTThe GBPUSD market seems likely to make a short move before continuing its upward journey.Shortby ruzu224
Trade explanation on XAUUSD gold why the market keep pushing upAs I have mentioned on the H4 time frame we have seen previous impulsive leg to the upside occurring impulsive retracement and impulsive move which occur also a break of structure to the upside price reaching all time high so 2532 and from there market didn't tap the supply zone just taking 50% retracement and then continue pushing drop the dancer so in this video we will be explaining why market didn't make any big retracement before breaking that frontline if you like my content and idea please make sure to subscribe and followLong04:52by EthanDtrader110
GBP-USD Will Keep Growing! Buy! Hello,Traders! GBP-USD is trading in a Strong uptrend and the Pair broke the key Horizontal level of 1.3150 Which is now a support And the breakout is Confirmed so we will Be expecting a further Bullish continuation On Monday Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals115
GBP/USD Shorts from 1.32600 for retracement My expected analysis for the week is that price will slow down at market open and potentially sell off from the 16-hour supply zone. Once price enters this zone, I will wait for an Asia high sweep and look for distribution on the lower time frames. If price breaks through this supply zone, there is an 18-hour supply zone where price might react. However, since this is a counter-trend trade idea, I expect price to retrace from this bias, allowing me to eventually buy from either the 4-hour supply zone or the 18-hour supply zone. Confluences for GU Sells are as follows: - Price has been very bullish, so a retracement is needed to sustain the upward movement. - The recent price action has been very parabolic, leading to unhealthy price behavior. - There are imbalances and liquidity below that need to be filled. - The 16-hour supply zone presents a potential opportunity for short trades. P.S. If price doesn't tap into the supply zone, I'll wait for it to come down to a demand zone before looking for buys to rejoin the trend. Have a great trading week, guys!Shortby Hassan_fx12
GBPUSD "Cable" Bank Robbery Plan to make and take moneyMy Dear Robbers / Traders, This is our master plan to Heist GBPUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing High using 4h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.Shortby Thief_TraderUpdated 336
GBPUSD - Left Euro In The Dust! 1.33000 In The Cards??In comparison to Euro, macro highs has been created, with 1.31424 the last point of interest standing in the way for higher prices to be discovered. Dollar index will be a very important chart to study as we continue to see risk on scenarios, with 100.617 materialising, expecting 1.33xxx would be a no brainer. I want to see a springboard effect from the previous weekly buyside liquidity price @ 1.31424 going into next weeks price discovery Long06:43by LegendSince0
GBPUSD is Long! Cup & Handle PatternHello Traders, I'm sharing a Cup & Handle pattern with three long targets: 1st Target: 1.3327 2nd Target: 1.3917 3rd Target: 1.5241 I suggest setting your stop loss accordingly and utilizing proper money management to adjust your targets and protect your account. Happy trading!Longby Eymen-GUVENUpdated 3
GBPUSD - 1.27500 Definitely Withstood The Test Of Time!To get a better understanding of my take towards GBPUSD, please visit my previous analysis to study why i was so 'gung-ho' about 1.27500. This is why i love to track the market because whether i am wrong or right, i am able to see the continuous delivery of price action throughout the weeks, months and years! Thursday was a high-impact day, causing sell stops to be triggered but the day didn't end all 'doom 'n' gloom'. Price retracted back into the higher timeframe array, in this case, it was the weekly buyside imbalance Sellside inefficiency before this week claimed the lives of many sellers hoping to ride the sweet sweet wave into the abyss. 3-weeks worth of buy stops was triggered but yet, the volume imbalance just shy away from this weeks closure failed. As mentioned with ES, i would like to see a whipsaw effect, targeting both buy stops and intraday sell stops 1.29854 1st target within my bearish narrative. 1.30037 is where i want price to maintain and respect. Short17:34by LegendSinceUpdated 4
gbpusd analysis. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a tradeShortby wavesscoutforex115561
GBPUSD: +600 Pips Buying Opportunity! Comment down your views! Dear Traders, Hope you are having a great weekend, our latest idea on GBPUSD, sell did not go well, however, we had buy entry which went well in our favour. However, after looking at the data and how price has moved, we have possible another buy entry approaching. Wait for price to come to our area and then rebound from the area towards 1.3500. Good luck. Longby Setupsfx_4429
GBPUSD A BULL RUN CONTINUATIONThe pair GBPUSD seems to continue the bull run as it is in uptrend and making HH's and the proposed entry level of 1.315 is at the FIB level of 0.618 which a good entry setup. Fundamentally the pair is also suggesting an uptrend move. what are your views about this setup ????Longby NEXTIn_Financials1
GBPUSD-SELL strategy 8-hourly chart heinkin AshiThe pair is very overbought, and I feel we may see move back below 1.3000 again short term. Strategy SELL @ 1.3190-1.3240 and take profit @ 1.3007 for now. SL let's say 1% of your capital investment, or your own risk parameters. Shortby peterbokma6
GBP USD MONTHLY BUYGbp usd managed to break 1.3 and making a bull run for 1.4 area. This break will most likely create heavy support at 1.28 to 1.3 area in case of correcrtion. The bull run can also target 1.5 in a long run scenario. Stop loss below 1.28 Take profit at 1.4 area . If 1.4 breaks heavy 1.5 might be on the list Longby THE-real-Deal3311
GBP USD MONTHLY BUYGbp usd managed to break 1.3 and making a bull run for 1.4 area. This break will most likely create heavy support at 1.28 to 1.3 area in case of correcrtion. The bull run can also target 1.5 in a long run scenario. Stop loss below 1.28 Take profit at 1.4 area . If 1.4 breaks heavy 1.5 might be on the list Longby THE-real-Deal2