Unmitigated Order block and butterfly pattern have hitThe pound has setup an order block and a butterfly pattern to possibly start a reversal to the upside. lets see if we can get it started back to 12500
USDGBP trade ideas
GBP/USD Breaking Below Key SupportChart Analysis:
The GBP/USD pair has extended its decline, breaking below the 1.2487 support level, with the current price at 1.2378. The bearish momentum is intensifying as the pair approaches further key levels.
1️⃣ Key Support Breakdown:
The breach of 1.2487 indicates increased selling pressure. The next major support level lies near 1.2300.
2️⃣ Moving Averages:
50-day SMA (blue): Positioned at 1.2723, acting as a strong dynamic resistance.
200-day SMA (red): At 1.2810, further reinforces the bearish outlook as the price trades well below it.
3️⃣ Momentum Indicators:
RSI: At 31.71, nearing oversold territory, which may result in a short-term consolidation or relief bounce.
MACD: Deeply negative, confirming strong bearish momentum with no clear signs of reversal.
What to Watch:
Immediate downside targets: Watch for price action near 1.2300 as the next significant support level. A break below this could open the door to 1.2200.
Upside potential: For any recovery, the price must reclaim 1.2487 and move above the 50-day SMA, which is currently unlikely given the bearish momentum.
GBP/USD is firmly in a downtrend, with key levels breaking and indicators signaling continued selling pressure. Oversold conditions could lead to a short-term pause.
-MW
Swing Buy on GBPUSDIn previous years observed that GBP used an FVG on 4hr to Retrace to the Upside.
coming 2025, my analysis depletes that GBPUSD would be experiencing an Uptrend..using an OB from the daily timeframe, im placing a buy swing here
GBPUSDThe potential sell scenario for the pair this week:
A strong opportunity to sell GBPUSD from the current levels.
GBPUSDThe potential sell scenario for the pair
The pair is to be monitored as it approaches the designated sell zones on the chart.
DeGRAM | GBPUSD retest of the channel boundaryGBPUSD is in a descending channel under the trend lines.
The price has already reached the support level and the lower boundary of the channel.
The chart is oversold on the 1H Timeframe and has already formed a harmonic pattern.
We expect a rebound.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
GBPUSD → FOR DAY TRADERGBP/USD Technical Outlook: Bullish Reversal Potential
Looking at the GBP/USD chart, we are seeing a potential bullish reversal forming. After testing the recent support zone around 1.2200, the pair has been showing signs of recovery. Price action indicates that the market might be preparing for an upward move, potentially towards the next key resistance levels.
Key Observations:
Support Bounce: The pair recently bounced off the strong support area at 1.2200, where multiple previous price reactions suggest a significant zone for buyers.
Bullish Divergence: A noticeable bullish divergence on the RSI signals that momentum could be shifting in favor of the bulls, confirming the potential for a reversal.
Moving Averages: The 50-period moving average is starting to flatten out, and if price breaks above it, this could further confirm the upward momentum.
Resistance Levels: The next key resistance is near 1.2400, which aligns with the previous swing highs. A breakout above this zone would be a strong signal of continuation towards 1.2500.
Conclusion: Given the recent support and bullish technical signals, I am expecting GBP/USD to make a move higher in the coming days. If the pair can break above 1.2400, we might see a more significant rally. However, a failure to break resistance could lead to further consolidation or even a retest of lower levels.
Risk Management: Always consider proper risk management and wait for clear confirmations before entering any trades.
Episode 2: The X-325 Methodology Applied to GBP/USD 📹 Episode 2 Summary: The X-325 Methodology Applied to GBP/USD
In this episode, we explore how the X-325 Strategy adapts to the GBP/USD pair, highlighting unique patterns and frequencies that guide precise trading operations in this market.
📊 Key Highlights:
1️⃣ Each Pair is Unique:
Every pair has its own specific frequency, which must be identified through detailed chart analysis.
While XAU/USD uses the 325-point frequency, other pairs, such as GBP/USD, require individual analysis to determine the optimal frequency.
2️⃣ Detailed Chart Analysis:
Through technical analysis, repetitive patterns are identified, providing clear direction for entries and exits in trades.
3️⃣ Clear Trading Rules:
Trades are executed based on confirmed breakouts of key support and resistance levels.
Stop Loss and Take Profit are precisely defined to protect capital and ensure consistent profits.
4️⃣ Adaptation and Flexibility:
The X-325 methodology is flexible, adapting to the unique characteristics of each trading pair.
🙌 Gratitude and Recognition:
The X-325 Strategy was made possible thanks to the knowledge gained from the FIMATHE Methodology, created by Marcelo Ferreira. His insights and vision were essential for developing this approach.
Marcos Pedro expresses deep gratitude to Marcelo Ferreira for paving the way for this methodology.
GBPUSD LONG TRADEReasons to be long on above are as follows:
1. RSI hidden divergence on the weekly chart.
2. MACD divergence for price to move up on weekly chart.
3. We have gone lower than 18 Nov low of 1.24872with lower volume.
4. 20/12/2024 bullish price action with strong volume which has been the low since then we are doing higher highs.
5. The dollar has topped out and has a bearish divergence on the weekly chart.
These are good enough reasons to start buying long on GBPUSD.
gbpusd next targeti have shared my analysis gbpusd can move form 1`25200 to 1`27200
what do you think about gbpusd movement share with me
keypoints
entry 1`25200
target 1`27200
Fundamental Market Analysis for December 31, 2024 GBPUSDThe GBP/USD pair is recovering the previous session's losses, trading around 1.25500 during Asian hours on Tuesday. The pair's growth can be attributed to the weakening of the US dollar (USD) amid a decline in US Treasury bond yields.
The U.S. Dollar Index (DXY), which measures the value of the U.S. dollar against six major peers, remains low around 108.00. The dollar ran into trouble when U.S. Treasury bond yields fell about 2% on Monday. The 2-year and 10-year bond yields were 4.24% and 4.53%, respectively.
The U.S. Federal Reserve announced a more cautious outlook for additional rate cuts in 2025, marking a shift in monetary policy stance. This development underscores the uncertainty over future policy adjustments amid the expected economic strategies of the incoming Trump administration.
The British Pound came under pressure as traders slightly increased their dovish bets on Bank of England (BoE) policy in 2025. Market expectations now reflect a 53 basis points (bps) interest rate cut next year, down from the 46 bps projected after the Dec. 19 policy announcement, during which the Bank of England kept rates at 4.75% with a 6-3 vote split.
Trading Recommendation: Watch the level of 1.25500, if consolidated below consider Sell positions, if rebounded consider Buy positions.
Short term Long on GU..Currently the price has trapped both early sellers and buyers.
We have break and retest positions and S.L at 1.28124 & 1.30475 which might attract the market to push higher to eliminate them.
1.24480 and 1.23000 which is where buyers from Apr 24 have S.L below.
GBP USD SHORTthis is my last idea for 2024. i hope be correct for us and take a lot money haha, happy new year
GBPUSD - at ultimate region, holds or not??#GBPUSD.. perfect holding of our area as we discussed couple of time's in history, market again at his swing region.
guys it will be our ultimate region and swing region.
if there is any kind of bounce in pound then it should hold this region.
that is around 1.2500 to 1.2520
keep close and don't until market hold it.
and keep in mind below that we will go for cut n reverse on confirmation.
good luck
trade wisely
lets get ready for 2025!!In this video I shared important information on how to see the market different and how to take action different! i hope this video brings a lot of value in your trading journey , lets get ready to start 2025 the right way!
EURUSD and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
End of Year StatsIts been 25 weeks of posting swing zones and levels including corresponding trades based on price action around these zones and levels.
To this end we PINCHED 1270 PIPS @ an average of about 4-5 trades per week, with the following parameters:
1. Entry on the 5mins charts
2. Stoploss, SL @ 10-15 pips
3. Usually moving SL to Breakeven, BE once trade pinches +20pips
4. Take profit @ 90 - 100pips or @ Swing zone or level
Next year holds a great promise.
Next SZs to commence from Week 2 2025.
HAPPY NEX YEAR
GU is now reversing WE can see price pushing to 1.28000. pure price (ICC) action GU is failing to create Lowers lows. Other indications such as our EMA.
GBP - Sterling is so weak recently because it waits for boostingHello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trade on what we see the price movement on chart. A key part of my discipline is always setting a Stop Loss when opening a trading position. This ensures every trading position is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
