GBPUSD BUY!My setup appeared on the 5-minute time frame and confirmed that it looks like a strong level that is being respected. There are probabilities that the price will go higher to reach the previous day's high! 🥂
USDGBP trade ideas
Japanese Yen remains on the back foot against USD; lacks follow-The Japanese Yen sticks to its modest intraday losses against its American counterpart through the early European session on Friday in the wake of cautious remarks from the International Monetary Fund (IMF).
GBPUSD GBP/USD, often referred to as “Cable,” represents the exchange rate between the British Pound Sterling (GBP) and the US Dollar (USD). It’s one of the most actively traded currency pairs in the forex market due to the economic significance of both the UK and the US. The pair is influenced by factors such as interest rate decisions from the Bank of England and the Federal Reserve, economic data (like GDP, inflation, and employment reports), and political developments such as Brexit negotiations or US fiscal policies. A strengthening pound or weakening dollar pushes the pair higher, while a stronger dollar or weaker pound drives it lower. The pair is known for its volatility and liquidity, making it popular among traders.
GBPUSD Selling Opportunities Daily Swing Structure = Bullish
Daily INternal Structure = Bearish.
Narrative Based on Internal Structure.
We are Pro-trend.
But, we are coming from a strong demand zone.
From a daily perspective, GBPUsd is really not that clear.
It is possible that the demand zone could SPONSOR a move that breaks the Swing Protected High.
In short, this demand zone could be the genesis of phase C moves.
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4HRS
Swing structure = Bearish
Internal Structure = Bullish
We know that internal structure was bullish to facilitate the swing pullback.
We also know that internal trend changed from bullish to bearish hich signaled to us that the pullback phase was over.
The moment internal trend changed from bullish to bearish, the demand zones left behind were now reaction points.
However, Price tapped into demand zone created on Jan 21, and immediate reversed breaking internal change and causing an internal trend change from bearish to bullish.
We know that after every break of structure (iBoS, CHoCH or BoS) we should expect a pullback from the reaction points.
The moment internal trend changed from bearish to bullish, every demand zone left behind (STB Zones, Orderblocks Breakers etc etc) becomes reaction points.
That brings us to where we are.
The orderflow that we should follow is the fractal orderflow that we continue selling the currency until the fractal market structure changes from bearish to bulllish.
The moment fractal structure switches, that signals to us that the internal pullback is over.
Elliptic wave I I shared my previous analysis that am looking for buy opportunity then in four hour time frame we see that price have already complete wave A and B so for now we are looking at wave C of four hour time frame then in daily we are going to see the long term buying opportunity
GBPUSD Potential UpsidesHey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.23000 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.23000 support and resistance area.
Trade safe, Joe.
POTENTIAL SELLPrice is bearish on daily and also broke structure on 4H tf.
Expect bearish continuation to fill downside liquidity down to support area
GBP/USD Weekly Analysis (ICT Perspective)
GBP/USD Weekly Analysis (ICT Perspective)
The recent price action on GBP/USD suggests a bullish move toward higher liquidity levels. The market has shown a strong reaction from the protected low area, confirming a potential shift in order flow.
Key observations:
🔹 Liquidity Grab: The recent sweep of lows indicates that smart money may have engineered liquidity before a reversal.
🔹 Bullish Structure: The price is now pushing higher, targeting the next levels of sell-side liquidity ($).
🔹 Premium vs. Discount: The price has moved away from the discount zone, seeking higher liquidity pools in a premium area.
🔹 Imbalance & FVG: Watch for any fair value gaps (FVG) on lower timeframes that could act as support during retracements.
📌 Potential Target Levels:
1️⃣ First liquidity zone around 1.26
2️⃣ Next major liquidity zone near 1.28
3️⃣ Higher timeframe target at 1.31
A clean break above recent highs could accelerate bullish momentum, confirming further upside liquidity hunts.
#ICT #SmartMoney #GBPUSD #Forex #Liquidity #FVG
GBP/USD - Weekly Market OutlookHi all,
Last week we had a very successful week capturing 5-6 big moves all over 300Pips...
Due to the market being closed I will be doing my review of my preferred Currency Pairs.
First pair being GBP/USD -
Weekly view is Bearish
Daily View is still Bearish
Due to higher TF being Bearish I will be looking for overall sell setups.
I will be posting smaller TF analysis also on my page so be sure to follow and comment if you like the way I break down the charts
On this view being the Daily Time frame I see price has returned to a strong Supply zone, price reacted off this before climbing back up to the Supply and making another rejection. This time price gave us a Double Top giving me strong confluence of a Reversal being strong Sellers Volume, price also pushed away with a 6H Order Block BUT... price did NOT return back to this Order Block and measuring on the Fib for the OTE zone we also didn't tap into the 71% Level.
This means we cannot jump straight into a sell but I do see price having a run here so I would like to see a smaller TF pullback before looking to enter a sell Position of which I will breakdown on the page.
Hope this helps you guys and please keep up with the Support.
GBPUSD BUY ANALYSIS SMART MONEY CONCEPTHere on Gbpusd price has form a demand zone around level of 1.23852 and is likely to continue moving up so trader should go for long with expect profit target of 1.24291 and 1.24611 . Use money management
GBPUSD on the top of the Bearish Megaphone. Low risk sell entry.GBPUSD is trading inside a Bearish Megaphone structure.
The price got rejected 2 days ago on its top.
A crossing under the Rising Support will be a selling validation much like December 18th.
This break out hit Support A before rebounding.
Stay bearish as long as the Megaphone holds and target 1.2100 (Support A).
Previous chart:
Follow us, like the idea and leave a comment below!!
GBPUSD POSSIBLE SELL OPPORTUNITY!Price is forming a horizontal range pattern around a pullback resistance level which is a signal that further downward movement is possible. I anticipate a sell opportunity once price breaks below the level of 1.23654.
GBPUSD BULLISH CRABHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
GBPUSD SELL UPDATE ••• 1:1 HAS BEEN ACHIEVED 1:1 profit has been achieved
Now let's aim for 1:2
Secure half of the profits and let the rest run to full TP
Potential Gartley Heading into Next WeekHi traders! As we wrap up another week, we have a nice Gartley forming on GBP/USD. If this plays out it should be some time next week looking for longs off the 886. We have some nice confluence around that price with extensions and price symmetry. Keep on eye early next week to see if this holds true.
GBPUSD Sell signal has been triggered!Hey Guys,
Based on the chart price rejected from and resistance area that is displayed on the chart.
So based on this scenario and with considering the bearish movement in previous days, we can consider this as another sell opportunity with good risk/reward ratio (1/5).
I will update this post based on market movements in close future.
Good luck & Have fun! 😊
Cable’s direction still unclear after contradictory newsThe Bank of England’s meeting on 6 February somewhat overshadowed the NFP for cable given the significance of the announcements then. Although the cut to 4.5% was quite widely expected, the BoE also cut its forecast for growth in half to 0.75% for 2025 while its outlook for inflation rose to 3.7%, much higher than the previous estimate of 2.8%. That the BoE seems to be concerned about stagflation made traders somewhat nervous, but it still seems unlikely for now to see a significant gap in policy open up between the BoE and the Fed this year.
The overall trend for 2025 so far seems to be sideways rather than directional. Recent attempts on the 50 SMA from Bands have failed, which might suggest limited buying pressure, although the price did close the gap from the weekend of 1-2 February very quickly.
With $1.25 as a seemingly strong resistance for the time being, losses seem more likely than gains in the runup to American inflation depending on sentiment and political news. The 20 SMA around $1.237 is a possible dynamic support in the very short term. The main static supports seem to be $1.23 and around $1.218. Apart from American inflation on 12 February, traders are also looked ahead keenly to British preliminary GDP the following day, which is a critical release in the context of the BoE’s last meeting.
This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.
GBPUSD LONG: NFP MISSUS January non-farm payrolls +143K vs +170K expected. As a result, we expect the dollar to show some weakness going into the end-of-the-week trading. We are looking for GBPUSD longs as we can see based on the our, the technicals are in support of the fundamentals.
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NFP FRIDAY: GBPUSD ANALYSISIn the last video that i posted, i mentioned that we should be expecting a pullback from the demand zone. (Please refer to that video).
What i never mentioned and i actually overlooked it was the STB(SELL TO BUY) wick zone that was slightly below our zone of interest.
Price tapped into it and immediately reversed perfectly. If you were able to get into the buy trade, kudos. For those of us who waited for price to pullback into our supply zone, to sell, this is what NFP did.
Well there is still a chance we may get involved in the market but i'm a bit skeptical. If you managed to catch those sells, Congrats, i would still continue holding the sells until we get to the midrange of the Internal structure, at least 1.23386 there about.
That's it..... I'll see you on Monday. Happy weekend Fam
