GBPUSD Buy Setup"All Insights are given on Chart"
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USDGBP trade ideas
Bearish drop?GBP/USD is reacting off the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.2615
Why we like it:
There is an overlap resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 1.2725
Why we like it:
There is an overlap resistance level.
Take profit: 1.2486
Why we like it:
There is a pullback support level.
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GBPUSD TRADE SETUPPair: GBPUSD
✔ Classic Bearish formation
GBPUSD is holding continuous down Trend so after market retracement I can take sell entry. If your analysis matches it take a trade otherwise skip the trade.
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GBPUSD daily Market outlook!GBPUSD DAILY MARKET OUTLOOK seems promising for buyers as we may likely see some bullish price action developments away from that level. It’s a good too to go Long on the pair. A good risk to reward is anticipated.
USD Expected to Strengthen: A Structured Economic Analysis.The coming week is anticipated to witness the strengthening of the USD, driven by a combination of robust US economic fundamentals and global uncertainties that shift investor attention toward safe-haven assets. Below is a comprehensive analysis of why the USD's strengthening trend is becoming increasingly evident.
1. Strength of the US Economy:
The US economy continues to demonstrate impressive performance. Strong retail sales and stable consumer spending reflect high consumer confidence. In the upcoming week, reports on durable goods orders and personal income are expected to show positive growth, signaling that the US economy remains resilient despite a high-interest-rate environment.
Moreover, controlled inflation provides room for the Federal Reserve to maintain elevated interest rates. This approach enhances the appeal of US bonds and assets, thereby supporting demand for the USD.
2. Hawkish Stance of the Federal Reserve:
The Federal Reserve has reaffirmed its hawkish stance in recent meetings, committing to maintaining high interest rates until inflation returns to the 2% target. This approach has triggered increased capital inflows into US markets as high-interest rates improve investment returns denominated in USD. Global investors view the USD as the currency of choice in a tight monetary environment.
3. Global Uncertainty Favors Safe-Haven Assets:
Amid a market climate overshadowed by geopolitical and global economic instability, investors are gravitating toward safe-haven currencies like the USD. Factors such as economic slowdowns in the UK and the eurozone, global trade tensions, and domestic political risks in major economies further bolster the USD's position as a top choice for investors.
4. Weakness of Competing Currencies:
The GBP and EUR are expected to remain under pressure in the coming week. UK economic data reveal weaknesses in the labor market, burdensome inflation on consumers, and sluggish growth. Similarly, the eurozone faces challenges with persistent inflation and a slowdown in the manufacturing sector. These uncertainties create opportunities for the USD to dominate currency pairs such as GBP/USD and EUR/USD.
CONCLUSION
The USD is projected to maintain its strengthening trend next week, supported by robust US economic fundamentals, the Federal Reserve's consistent monetary policy approach, and global risk sentiment favoring safe-haven currencies. For investors, strategies that capitalize on the USD's strengthening could present opportunities to leverage current trends in the global financial markets.
This scenario confirms that the USD is not only a protective asset during global uncertainties but also a symbol of the resilience of the United States economy.
TIME KEY TRADE: Monday's Critical Opportunity.
Next Monday presents a critical trading opportunity for EUR/USD and GBP/USD, as both pairs are expected to form peaks before declining to new lows.
GBPUSD analysis for 2025I see a Falling Wedge pattern, if Monday we fail to break the resistance we are going to SELL all the way to 1.18957.
GBPUSD H1 OUTLOOK(23/11/2024)The chart presents two critical POIs, anticipating bearish movement upon retracement, targeting the lower BOS.
Daily CSL, HTF FVG, Model 2Daily CSL, HTF FVG, Model 2
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
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GBPUSD is in the Selling DirectionHello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
BUY GBPUSDREASONS
-The price reaches on monthly resistance
-Break of structure in daily tf
-There is reversal in lower tf
GBPUSD Will Go Up From Support! Buy!
Please, check our technical outlook for GBPUSD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.249.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.256 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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GBPUSD looking at GU playout like this on the daily into the new year assuming Biden admin doesn't inflict anymore damage (Auctioning off border wall steel)= taxpayer costs increasing/ trade tariffs as well will play a factor into this.
trend line analysiswhen price touches the bottom line of the band, theoretically it will come back up to middle line, go long in this case
Bband_ideaWhen the price is touching the bottom line of the band, it's a simple signal to go long, wait until it gets back up to the EMA, then close it
GBPUSD Set for Upside as 1Y Pivot Holds SupportHello,
FX:GBPUSD is likely to experience significant upside from this point, with the 1-year pivot point acting as support. While the pair remains mostly bearish, buyers are entering the market and anticipating further gains. The current conditions appear favorable for an upward move.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Long term Cypher on the pound targeting 180........The pound longer term looks like its gonna head higher..... daily shark pattern has counted complete and Ill be looking for a push back into the 12950-60 area. If this rejects i would look for a push back toward the low 0f 124-125.. Ill be looking to the long side here as low risk to reward setup will present its self.
Merry Christmas
Pound still holding the shark, The C wave up into the 12960-130 ( 5-0 pattern completion) area could be nearing the start lets see if we can hold. I'm still looking for the reversal
Hit 1st TP of 41pipsAs analysed earlier, Price have retreated to previous LH area and my swing trade buy entry target was met at 41pips.
Expect price to hover around this zone a bit and afterwards commence bearish direction to set a new low around previous day's support area
GBPUSD 1H UPDATE GBPUSD 1H UPDATE
according to my analysis gbpusd going to fly gbpudg going up and up
Now price of GBPUSD 1.26861
Target 1) 1.26353
Target 2) 1.26916
Target 3) 1.27506
Stop 🛑 LOSE 1.25302
My first chart of GBPUSD
Trade with your own risk
BUY SHORT TERM/SELL LONG TERMPrice created LL and LH as it broke previous low.
Expect current pullback to hit previous area of LH to sweep liquidity before making new low. Target most recent low as marked by the arrow.
GBPUSD SELL | Idea Trading AnalysisGBPUSD is moving on support zone and and made a head & shoulder pattern
The chart is above the support level, which has already become a reversal point twice.
We expect a decline in the channel after testing the current level.
We expect a decline in the channel after testing the current level
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
GBPUSDHello Traders and investor 👋
What do you think
About GBPUSD? this pair is below the
Resistance zone it has also broken it's
Trend line.it is expected to drop at least to
The specified levels after completing the
Pullback to the broken zone..
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