HOW TO TRADE GBPUSD AND MAKE BIG PROFIT Here on this video i show you how i trade gbpusd using rejection . There are 3 rejections that form support and with that gave decision to enter the market with small stoploss and big profit.
USDGBP trade ideas
SasanSeifi| Key Levels to Watch in the Daily Timeframe!Hey there, ✌ FX:GBPUSD In the daily timeframe, as evident from the chart, after a bullish move, the price has struggled to break above the 1.34 level and, following a period of consolidation, has faced a downward trend. Currently, the price is trading around 1.30. The overall trend suggests a bearish outlook, and it’s expected that if the price breaks below the 1.30 level and confirms this breakdown, we could see it heading towards the target of 1.29500.
After this move, the price may enter a range-bound or minor consolidation phase before dropping further to the 1.28500 area and the demand zone around 1.28.
Alternatively, another scenario is possible where if the 1.30 level holds, and we observe confirmations in lower timeframes, the price could rise towards the FVG zone between 1.30200 to 1.32700 and potentially up to 1.33. In this scenario, after a slight rally and pullback, the price might return to the 1.30 and 1.29500 levels.
It’s crucial to closely monitor the price’s reaction to these levels for better insight into future movements.
This analysis is based on personal opinion and is not financial advice. Always conduct your own research before making any investment decisions. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
GBP/USD: Potential Short Opportunity at ResistanceOn the 4-hour time frame, GBP/USD has recently experienced a strong breakout through a key support level, which has now turned into resistance. I expect that when the price returns to this resistance zone, sellers could re-enter the market, causing a potential rejection. This could present an ideal shorting opportunity if the price gets rejected at the resistance level. Keep a close eye on this area for a possible short setup.
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 - Bear TrapThe last 3 days of the prior week are of interest.
Wednesday - we see price break the prior swing low of 1.30020. Technically a confirmed close Break of Structure. This change in character of a lower low, shifts the minds of traders to a potential change in trend. This may encourage the shorts.
Thursday/Friday - we see 2 inside bullish bars as price is supported and closes above the prior swing low close.
This price action on the surface looks to a bear trap, in the context of the current Uptrend.
If this is the scenario, then the Smart Money are simply accumulating before the next push up towards 1.3500.
GBP/USD The BOE's Decisions and Their Potential Impact GBP/USD: The Role of the BOE and its Influence on Market Movements
The Bank of England (BOE) is poised to maintain its current interest rate at 5.0% in Thursday’s policy meeting, as the UK's annual inflation rate held steady at 2.2% in August. With this upcoming BOE announcement, significant volatility is expected across GBP currency pairs.
Market consensus suggests that the BOE will hold rates steady at 5%, following a 25 basis point cut in August that lowered the rate from 5.25% to 5.0%.
BOE’s Impact on GBP/USD
Should the BOE keep rates unchanged, this will likely be interpreted as a hawkish stance, potentially driving GBP/USD higher in a continued bullish trend. In this scenario, the currency pair could rise towards the 1.3400-1.3500 range.
Conversely, if the BOE surprises with a rate cut, we may witness a bearish reversal, with GBP/USD potentially falling to the 1.3000 level.
As it stands, GBP/USD is maintaining its upward momentum, but all eyes are on the BOE decision to dictate the next major price move. Expect sharp market reactions post-announcement.
GBPUSD ScenariosToday, we will analyze GBPUSD
Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
GBPUSD Textbook trendline,
USD employment figures came out extremely positive on Friday,
Imbalances that have a protentional correction pending,
Expect some further decline for the GBPUSD
GBPUSD My Opinion! SELL!
My dear friends,
GBPUSD looks like it will make a good move, and here are the details:
The market is trading on 1.3047 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.3023
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Scenario for GBSUSDAccording to the technical analysis that I presented here, at the moment there is an important support for us, which is located at the price level of 1.3060, if the bulls manage to significantly break through this level, then we can see a movement somewhere around the price level of 1.3260, which is located with levels of 0.5-0.618 fibo.
GBPUSD Weekly Chart Analysis for Position Traders💥 GBPUSD is flashing strong SELL signals! 💥
📊 This week, the pair has shown clear signs of weakness, with momentum favoring the downside. Any sharp pullbacks could offer prime SELL opportunities. The market is positioning itself for what could be a significant move lower, so stay alert for the next bearish wave! 🔻
🚨 Trendline Traders, Beware! 🚨
If you're only relying on trendlines for your GBPUSD trades, it might be time for a reality check! 📉⚠️ This week’s price action is showing clear signs of weakness, and sticking to trendlines could leave you on the wrong side of the market. 💥 The market is poised to break lower, so stay flexible and don’t get caught in outdated setups! 🚀
📊 Adapt or miss out! 📉
🚀 Position traders – gear up for the downside! Keep your eyes on GBPUSD, and don’t miss out! 📉👉💥
Happy trading!
GBPUSD Ready for shortAs we can see the yellow line on the chart is acting as a support line for the price, The market easily broke it and enter in a new trading zone where this support line will act as resistance. As after breakout, this market having some rules for the next move. we can see the retesting of the price to the same level is the indication of start of selling this pair. so from the yellow line we can easily enter as sell.
GBPUSD POSSIBLE BUY SCENARIO!!Price traded and closed at 1.28459 we May continue to see more bearish move until the price 28459 before we get a bullish reversal.
News Failure And Follow-Through Tactical PlayFundamentals & Sentiment
GBP:
- The pair didn't hold lower after the negative CPI this week
- Strong Retail Sales today
- There's still a miniscule chance that the rate will be unchanged
- Biggest carry currency
USD:
- Shrugged off good US data yesterday
Technical & Other
- Entered 3m after the Retail Sales release
- Failed breakout below 1.3 on D
Setup: TR(B)
Setup timeframe: 1h
Trigger: 5m
Medium-term: Down
Long-term: Up
Min target: Local high
Stop loss: 0.18%(max, partial cuts are expected)
Position size: 0.5R
GBPUSD meets @ the middle Keep in mind that the H1 time frame should trade above Simple Moving Average 200
Bearish on GBPUSD On the Monthly Time frame GBPUSD is giving us signs that it wants to drop
So as pro traders we wait for other confirmations before hand
GBPUSD BUY TO $1.3200 (UPDATE)GBPUSD is still holding bullish as expected. We saw a deeper Wave V move happen, breaking below the previous Wave 4 low which I did say could happen. In turn sellers also broke structure to the downside, meaning in the future GBPUSD should move lower, but after a retracement first.
Wave 1 (5 Sub-Waves) complete. Now time for a move up towards Wave 2!
GBPUSD short for MondayShort trade idea based on technical analysis, wait for levels break and retest
GBPUSD 3.5:1 ShortThe daily chart is in a downtrend.
The 1h chart is in a small uptrend.
Price may brake internal structure on the 10m.
Price has left inefficiency on the 10m at the top of the move down to break internal structure (if it breaks).
If price creates a new internal LL on the 10m:
Wait for price to pull back up to the inefficiency on the 10m and short targeting a new BOS (current BOS is a 3.37:1 trade).
GBPUSD On The Rise! BUY!
My dear subscribers,
GBPUSD looks like it will make a good move, and here are the details:
The market is trading on 1.3015 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.3052
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
