GBPUSD On The RunGBPUSD reaching it's support level 1.27375 looking long Run based on TA setup Remember to wait for Price action and Trade at your Risk Longby Hamgozie3
GBPUSD // Idea to Trade the CorrectionThe daily long countertrend is valid. After testing an H4 breakout, the market is in neutral zone, right at the highest clear breakdown (green - long trigger zone). The target is the 38.2 correction fibo level. The countertrend line is drawn on H4 closing prices. ——— Stay grounded, stay present. 🏄🏼♂️ Your comments, questions, and support are greatly appreciated! 👊🏼 Longby TheMarketFlowUpdated 0
GBPUSD setting up for a longHere is another bottom forming. i'll Catch it at the bottom and ride it quickly up. I will manage the trade and move stop to b/e and lock in profit along the way. I don't intend to stay in the trade for too long, as the move will be swift. If I don't hit the target of my take profit, I will manually manage and lock in chunks of profit. Longby SAILBOATEVANMOSERS1
GBP/USD Ascending channel short term long term Hi traders, we are taking look into GBP/USD as a short term long position currently there has been an ascending channel formulated and we can see that the RSI is pointing into a nice uptrend - Entry : 1.27600 Target : 1.27960 Stop loss : 1.27454 2.20:1 RR (Risk to Reward Ratio) As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!Longby DG55CapitalUpdated 113
GBPUSD_1D&1W_SellAnalysis and analysis of the economy of the British pound Elliott wave analysis style Mid-term and long-term time frames The British pound is in a downward trend. The most important resistance is 1.27777 Trading position from sale to purchase The market is in a big ABC correction wave, we are currently in C wave. Resistance 1.27777 Support and targets are 1.24800, 1.20750, and 1.17475 respectively, and it can even fall to the last number of 1.14444. The conditions of the pound and the UK are not suitable and may not experience good conditions!Shortby Elliottwaveofficial8
GBPUSD Will Go Up! Long! Take a look at our analysis for GBPUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.275. The above observations make me that the market will inevitably achieve 1.282 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider225
GBP turning bearish after surge to 1.28 - heading down to 1.23 GBP turning bearish after surge to 1.28 - heading down to 1.23 is support zone of 1.25-1.2610 breached. Entry 1.2760 SL 1.2810 TP1 1.25 TP2 1.23 Good luck all!Shortby amirkhan235Updated 3316
GBPUSD LONG Smart Money Concepts (SMC)In modern trading, especially within the Smart Money Concepts (SMC) methodology, terms such as Order Blocks, Imbalances, Breaker Blocks, and Inverted FVG (Fair Value Gaps) are widely used. Below is a detailed explanation of each: --- 1. Order Blocks An Order Block is a zone on the chart where large institutional investors have left "traces" of their operations, meaning a place where there was a concentration of buying or selling activity. It is typically the last candle before a significant price movement. Bullish Order Block: The last bearish candle before a strong upward movement. Bearish Order Block: The last bullish candle before a strong downward movement. How to use: Price often returns to order blocks before continuing the trend. Order blocks are used as potential entry or exit zones. Example: If the market is falling and a sharp reversal upwards begins, the last red candle before this rise is the bullish order block. --- 2. Imbalances An Imbalance is a zone on the chart where demand and supply were sharply uneven, creating "gaps" in the market structure. These zones are often referred to as FVG (Fair Value Gaps)—an area between the wicks of the first and last candles of three consecutive candles, where the middle candle does not overlap with the first or third. It is believed that the market tends to fill these gaps, meaning the price often returns to these zones before continuing its movement. How to use: Imbalances can serve as a reference for identifying potential retracement zones. Enter a position when the gap is filled. Example: In an uptrend, if the price rises sharply, creating a gap between the wicks of candles, traders can expect the price to return to this area. --- 3. Breaker Blocks A Breaker Block is a zone that forms when the market breaks a key support or resistance level and begins moving in the opposite direction. They appear where an order block was "broken." Breaker Blocks indicate that the previously dominant trend has been broken, and the market is preparing for a new movement. They can also be used to filter valid order blocks. How to use: After an order block is broken, the former support/resistance zone can serve as an entry point after a retest. Used to identify trend reversals. Example: In an uptrend, if the price breaks below the previous bullish order block, it becomes a bearish breaker block. --- 4. Inverted FVG (Inverted Fair Value Gap) An Inverted FVG is a zone where the market provides excessive liquidity in the opposite direction, creating an opportunity for "smart money" to trap traders in the wrong movement. An Inverted FVG occurs when the market "absorbs" liquidity, making traders believe the trend is continuing, but it is actually a manipulation before a reversal. It is used to analyze price manipulation and find entry points against the "trap." How to use: Enter after the price has covered the FVG zone and confirmed a reversal. Inverted FVGs often appear in zones that collect stop losses. Longby Tonksovave0
GBPUSD short term buyOn the 1-hour chart, GBP/USD is poised to retest the range resistance at 1.28. A break above this key level could lift prices toward 1.281. We’re looking to go long at 1.275, with a stop loss placed at 1.2715 to manage risk effectively.Longby Eleazarahmath4
GBP_USD WILL GO UP|LONG| ✅GBP_USD is trading in an Uptrend and the pair is Making a rebound from The horizontal support Of 1.2700 so we are locally Bullish biased and we will Be expecting a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx337
GBPUSD Smart Money Concepts (SMC)In modern trading, especially within the Smart Money Concepts (SMC) methodology, terms such as Order Blocks, Imbalances, Breaker Blocks, and Inverted FVG (Fair Value Gaps) are widely used. Below is a detailed explanation of each: --- 1. Order Blocks An Order Block is a zone on the chart where large institutional investors have left "traces" of their operations, meaning a place where there was a concentration of buying or selling activity. It is typically the last candle before a significant price movement. Bullish Order Block: The last bearish candle before a strong upward movement. Bearish Order Block: The last bullish candle before a strong downward movement. How to use: Price often returns to order blocks before continuing the trend. Order blocks are used as potential entry or exit zones. Example: If the market is falling and a sharp reversal upwards begins, the last red candle before this rise is the bullish order block. --- 2. Imbalances An Imbalance is a zone on the chart where demand and supply were sharply uneven, creating "gaps" in the market structure. These zones are often referred to as FVG (Fair Value Gaps)—an area between the wicks of the first and last candles of three consecutive candles, where the middle candle does not overlap with the first or third. It is believed that the market tends to fill these gaps, meaning the price often returns to these zones before continuing its movement. How to use: Imbalances can serve as a reference for identifying potential retracement zones. Enter a position when the gap is filled. Example: In an uptrend, if the price rises sharply, creating a gap between the wicks of candles, traders can expect the price to return to this area. --- 3. Breaker Blocks A Breaker Block is a zone that forms when the market breaks a key support or resistance level and begins moving in the opposite direction. They appear where an order block was "broken." Breaker Blocks indicate that the previously dominant trend has been broken, and the market is preparing for a new movement. They can also be used to filter valid order blocks. How to use: After an order block is broken, the former support/resistance zone can serve as an entry point after a retest. Used to identify trend reversals. Example: In an uptrend, if the price breaks below the previous bullish order block, it becomes a bearish breaker block. --- 4. Inverted FVG (Inverted Fair Value Gap) An Inverted FVG is a zone where the market provides excessive liquidity in the opposite direction, creating an opportunity for "smart money" to trap traders in the wrong movement. An Inverted FVG occurs when the market "absorbs" liquidity, making traders believe the trend is continuing, but it is actually a manipulation before a reversal. It is used to analyze price manipulation and find entry points against the "trap." How to use: Enter after the price has covered the FVG zone and confirmed a reversal. Inverted FVGs often appear in zones that collect stop losses. Example: In an uptrend, the price sharply breaks a resistance zone (creating an FVG) but then reverses back and moves downward. --- Conclusion Order Blocks and Breaker Blocks help identify zones where large players may enter the market. Imbalances highlight areas where the price might return to balance demand and supply. Inverted FVGs help traders avoid traps set by large players and enter the market more strategically. by Tonksovave2
Fundamental Market Analysis for December 12, 2024 GBPUSDEvent to pay attention to today: 15:30 EET. USD - Unemployment Claims GBPUSD: On Wednesday, GBP/USD exhibited limited movement, stalling near 1.27500 in response to the release of the US Consumer Price Index (CPI) data for November, which aligned with market expectations. The remainder of the week is relatively quiet in terms of UK economic data, with the US Producer Price Index (PPI) scheduled for release on Thursday. The US PPI inflation rate saw a slight increase in the year to November, with core PPI inflation rising from 2.6% to 2.7% year-on-year. Core PPI inflation remained unchanged at 3.3% year-on-year. Additionally, monthly core CPI inflation increased in November, rising from 0.2% in October to 0.3% month-on-month. Despite the overall increase in core inflation, Wednesday's CPI figures were largely in line with expectations, maintaining a moderate outlook for investors. CME's FedWatch tool indicates that there is now a 95% probability of a 25 bps rate cut when the Fed meets for its latest rate meeting on 18 December. Despite a short-term rise in CPI inflation, investors have concluded that the fluctuations in the published data are insufficient to prompt the Fed to reverse its latest quarter-point rate cut to end 2024. US PPI inflation is expected to decline on Thursday, with markets anticipating a similar outcome to this week's CPI data. Producer-level inflation is projected to increase at the front end of the curve but remain near recent levels. The core price index is forecast to rise to 3.2% y/y, up slightly from the previous reading of 3.1%. Trading recommendation: We follow the level of 1.27500, when fixing above it we consider Buy positions, when rebounding we consider Sell positions.by Fresh-Forexcast20042
GBPUSD H4 | Falling from the Fibo confluence?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2834, which is a pullback resistance that aligns with the 61.8% Fibo retracement and the 78.6% Fibo projection, indicating a strong level of resistance. Our take profit will be at 1.2728, an overlap support level. The stop loss will be at 1.2942, a pullback resistance close to the 78.6% 61.8% Fibo retracement High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCM6
GBPUSD InsightHello, subscribers! Great to see you all. Please share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points - The U.S. November Consumer Price Index (CPI) rose 2.7% year-on-year and 0.3% month-on-month, aligning with expectations. While the prospect of a 25bps rate cut at the December - - - - FOMC meeting has strengthened, there is a growing consensus that the pace of rate cuts may slow next year. - Reports suggesting that BOJ officials believe delaying a rate hike until January or slightly later would not incur significant costs have led to yen weakness. - The Bank of Canada implemented a 50bps rate cut as expected by the market. - The European Central Bank (ECB) is anticipated to lower its benchmark rate by 25bps. Reports from foreign media indicate that China may consider tolerating a weaker yuan next year to respond to tariff threats from Trump’s second administration. Key Economic Indicators + December 12: ECB interest rate decision, U.S. November Producer Price Index (PPI) + December 13: U.K. October GDP GBP/USD Chart Analysis It appears that the pair has maintained its upward trend, finding support around the 1.25000 level and climbing to the 1.28000 level. Further gains are expected, with the next potential resistance around the 1.30000 level. However, it remains uncertain whether the pair will reach the peak of the trend afterward. In the short term, the trend leans bullish, while the long-term direction will require further evaluation. If unexpected movements occur, strategies will be adjusted swiftly.Longby shawntime_academy2
GBPUSD (1W) HIGH-RISK OPPORTUNITY, UPTREND📈GBPUSD: A High-Risk Uptrend Retracement The GBPUSD pair is currently undergoing a high-timeframe downtrend. However, we’re observing a short-term retracement to the upside . While this may offer potential trading opportunities, it’s crucial to approach this market with caution. ⚠️ Holding a Long Position above 1.3559 is HIGH-RISK Key Levels to Watch: SLO2 @ 1.3652 ⏳ RESISTANCE @ 1.35874 SLO1 @ 1.3458 ⏳ TP4 @ 1.3359 TP3 @ 1.3005 TP2 @ 1.2776 TP1 @ 1.2445 BLO1 1.2107 ⏳ BLO2 1.1900 📈 Risk Warning: Holding a long position above 1.3559 is considered high-risk due to the underlying downtrend. Please exercise prudent risk management and consult with a financial advisor if necessary. Stay tuned for further updates as the market evolves. Longby ProfessorCEWard1
GBPUSD: Bullish Flag Formation Signals Strong Uptrend PotentialGBP/USD has formed a bullish flag pattern, indicating strong uptrend potential. Additionally, a bullish divergence on the 30-minute chart supports the likelihood of upward momentum.Longby MarkhorTrader2
GBPUSD short movePrice is currently rising towards our supply zone and any bearish reaction cloud leads to downward movement in price.Shortby OCBE-FX3
gbpusd sell tradeThe Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward moveShortby Mansa_Musa_Capital0
Daily Analysis of GBP to USD – Issue 167The analyst forecasts a rise in the rate of GBP/USD within the next 24 hours. This prediction is based on a quantitative analysis of recent price trendsLongby MoonriseTA228
GBPUSD: Expecting Bullish Continuation! Here is Why: It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPUSD chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals221
Gbpusd potential shorting opportunityPotential of descending triangle and GBP USD have possibility to run towards downsideShortby billyhadiyanto1
GU BUYSI am expecting GU Buys from where i have place my order. Feel free to comment below what you think or some of your ideas.Longby MashtikovSolutions0
#cpi move GBPUSD looking bearish while we await cpi news the USD looks bullish anticipating the cpi news would rally the dollar 02:15by archibonginnocent111