GBPUSD Bullish Bias!GBPUSD is trading in an Uptrend and the pair Broke the falling resistance Which is now a support Then made a retest and Now we are already seeing A bullish rebound so we Will be expecting a Further move up !Longby kacim_elloittUpdated 118
Short Term Shorts on GBPUSDGBPUSD seems to be reacting around a confluence of price action areas with patterns that precede climax reversals Here, The confluences are a weekly rejection and daily order blocks with a 4H Fair Value Gap. It is expected that this move, no matter how much impulse it comes with, would be a short term move as GBPUSD has shown to not be moving in sync with Seasonal Tendencies which is an indication of larger forces at play Shortby efua2chilled12
GBPUSD Long Expecting GU to either pull back to the daily demand zone below price or give a break of structure to the upside thereby creating a new bullish trading range. Either ways the bias is for longs on GU.Longby MrPopa-TheMarketKing111
GBPUSD Long until weekly high Expecting GU to either pull back to the daily demand zone below price or give a break of structure to the upside thereby creating a new bullish trading range. Either ways the bias is for longs on GU.Longby MrPopa-TheMarketKing1
GBPUSD WEEKLY ANALYSISAfter seeing the market close really bullish last week and also break above the daily area of structure we could expect a new leg to the upside on this pair. Confluence areas of Fibonacci and broken area of support are areas of value Long04:45by Technicalrayner6
GBPUSD BUY TRADE IDEAAs we saw friday's daily candle was strong bullish, we expecting a pull back on monday. The other side, market create Higher High on the H4, expecting retracement which can be higher low around 1.2900, or 1.2850 or 1.2800, then we get potential buy from there....and we must hold the trade untill the next daily resistence which is 1.3050... GOOD LUCK, use risk management plz...forex is high risk, do not trade money you cannot afford to lose.. @TraderLiiCaliMacalim Longby TraderLiiCaliMacalim2
My option ABOUT GBPUSDGbpusd i can it’s more bullish and it’s going to more up,you can entry for buy in that zone Longby hamapro1
GBPUSD TRADE SETUPWait for retest the key level then take a trade for Buy otherwise skip this setupLongby JinnatAlamSumon6
Trade outlook on GBPUSDNew week analysis on GBPUSD. I am looking at some shorts on this pair from the higher timeframe POI before going for a swing buy to clear the last market structural high.Short08:00by I_KingUzor113
Weekly analysis Gbpusd is buy the dip trend and tp 1.30400-1.31400 Support 1.28600-1.28100-1.27200. Invalidation 1.25300Longby shahid00884
Weekly Forex Outlook Sun.Aug.18.2024 - Fri.Aug.23.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion15:14by unkn0wntrad3r111
PRICE APPROACHES A RESISTANCE ZONE OF 1.30417!!!Price is gradually approaching a crucial point where we’d expect a significant breakout in price. 1.30417 Has been a resistance level where sellers have been dominating but this time In past weeks, we’ve seen how the strength of sellers has failed to make a difference to the downside. If we’d get a break above 1.30417 level, a buy opportunity is envisaged.Longby Cartela222
Sell opportunityI saw ab uptrend in my 4h timeframe (overall trend line). Continued with my horizontal lines to spot where the market fails a lot, went to the 1h timeframe and saw a continuation trendline. I will wait for a retracement on 1.28744 to enter my buys up until 1.32349, will put the stop loss on 1.28021.Longby Dube_Traders113
GBPUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Longby ShahedZare0
GBPUSD wishing this week for BULLISHGBPUSD wishing this week to bulback for sell till the support price 1.28072 then to buy till the resistance price 1.30338 .Longby bacuul442
GBP/USD Uptrendy WeekSeems to me that OANDA:GBPUSD is heading for a major resistance level all the way at 1.3180 this week. What do you think?Longby ZheerAli3
Dollar, pound, yen three strong competition!!!!!!The foreign exchange market has experienced intense volatility this week, with the US dollar, British pound, Japanese yen, euro and Canadian dollar in focus. This article will take an in-depth look at the movements of these currencies and explore the economic data and events that affect them. Usd : The dual impact of economic data and policy expectations Action recap: The dollar gained at the start of the week on falling inflation and resilient consumption, but then came under pressure from lackluster housing data. The complexity of US economic data has led to volatility in market expectations for the Fed's rate cut. Economic data and events: U.S. housing starts fell in July, as did building permits, pointing to weakness in the housing market. However, the consumer confidence index rose, indicating that consumers are optimistic about the economic outlook. Analyst view: The Fed is widely expected to start cutting interest rates in September, but expectations for aggressive rate cuts have diminished. Matt Weller at StoneX noted that the dollar gave up some of its gains after the strong consumer data. GBP : Firm performance on the back of economic data Trend Review: The pound has been firm this week, helped by a rise in UK retail sales in July and a boost from extra spending during the European Championship. Economic Data & Events: UK retail sales rose slightly in July, showing the vitality of domestic consumption. In addition, the pound rose on a weekly basis to record its best performance in more than a month. Analyst view: Despite the uncertainties facing the British economy such as Brexit, the strong performance of the pound in the short term shows the market's positive response to its economic data. Additional analysis will come later...by Thebesttrader-M-M1
GBPUSD analysis week 34Fundamental Analysis The British pound (GBP) outperformed its major peers in New York trading on Friday. The British currency gained significantly as the UK Office for National Statistics (ONS) reported that retail sales rebounded in July, as expected, after a sharp decline in June. Retail sales are a key gauge of consumer spending. Strong consumer demand tends to drive inflationary pressures in the economy, so the data could dampen expectations that the Bank of England (BoE) will opt to cut interest rates again in September. The BoE's next monetary policy meeting in September could also be a tough call. UK service sector inflation fell sharply in July as wage growth slowed. However, the latest labor market data also showed a surprising drop in the Unemployment Rate and the economy is clearly on the path of expansion. Technical Analysis GBPUSD continues to trade in an ascending channel with the nearest support and resistance in the price range at 1.286 and 1.300 after posting a strong gain on Friday. On the H4 timeframe, the EMA 34 has crossed well above the EMA 89, indicating a strong bullish market structure, with the upside momentum heading towards last month’s high resistance around 1.304. On the other hand, any daily close below the 1.286 support would not confirm a bearish reversal. The pair needs to break the support level of 1.280 to really break the bullish structure on the current chart. RSI reaches the overbought level, indicating that the bullish momentum will continue in the early days of next week Resistance: 1.300-1.304 Support: 1.286-1.280 Trading signal SELL GBPUSD 1.303-1.305 SL 1.307 BUY GBPUSD 1.287-1.285 SL 1.283by TVS-Trader5
GBPUSD POTENTIAL SHORT OPPORTUNITYHello Everyone! How are you all? GbpUsd is a pair to watch the coming days and weeks, because it is shaping up very nicely for a bearish trend reversal that we can capitalize on. So, I will be looking for a bullish continuation because of the following reasons: 1. Potential Double Top. 2. The price is approaching the value area structurally. Game Plan: If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a flag with two highs and lows. Entry : will look for a risk sell entry within the flag or a reduced risk entry on the breakout of the flag. However, could look for a short term bullish move to the VA. Shortby DTreasureMarketHub1120
GBPUSD Will Go Lower From Resistance! Sell! Please, check our technical outlook for GBPUSD. Time Frame: 15m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.293. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.292 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProvider112
R2F Weekly Analysis - 18th August 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it! - R2F09:13by Road_2_Funded3
Gbpusd watching for pullbacks ideally for longHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Watching for a pullback to long. daily chart it has hold on to the uptrend line, last few days momentum was to the bull side. Looking at setups for long on this. Also for Eurusd. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. ********************************************************************* Longby Shadowing_The_Big_Boys0
GBP_USD RESISTANCE REACHED|SHORT| ✅GBP_USD went up to retest a horizontal resistance of 1.2955 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 1.2920 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx3342