GBPUSD ANALYSIS (LONG) DAILY TIMEFRAMEOn a daily timeframe gbpusd has made a reversal movement forming double bottom which mean that is likely to continue moving upward . so going for long is needed
Gbpusd_forecast
GBPUSD ( DAY trading with stop loss)hello dear trader
After the dollar gap is filled, you can open a buying position on the GBPUSD after confirmation in 15 minutes...
or wait for a shadow on the support leve
or wait for the price to range above buy zone
stop loss and take profit in this chart and stop loss need for any position
good luck
GBPUSD ANALYSIS (SHORT)Gbpusd has made a rejection on 4hr time frame meaning that it will continue to fall till reaches to support.That mean going short is needed.
GBP/USD Approaches 1.2270 Ahead of PMI DataGBP/USD continues its upward momentum since Thursday, trading above the 1.2270 level in the Asian session on Tuesday. The pair receives support from the US Dollar (USD) adjustment, coupled with improved risk sentiment. Although GBP/USD started higher after testing the 1.2100 level, the Relative Strength Index (RSI) on the 4-hour chart remains below 50, indicating the downward trend persists. If the pair closes below 1.2100 in the 4-hour timeframe, sellers might take action. In this scenario, the 1.2050 level (the recent low) could be the next target before 1.2000 (psychological level).
On the upside, the 20-period Simple Moving Average (SMA) forms a dynamic resistance at 1.2150, preceding 1.2180 (SMA 100) and 1.2200 (23.6% Fibonacci retracement level of the recent downtrend).
Feel free to let me know if you need further assistance or if there's anything specific you'd like to add!
GBPUSDLast week Friday, GBPUSD formed a pattern to indicate that a move downward is eminent, into this new week, we will get to see GBPUSD make a new low and probably keep falling more downward after making the new low.
GBPUSD LONG TERM BUY Trading IDEAHello 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
GBPUSD Short traders looking profitable upto 1.24 {16/08/2023}Educational Analysis says GBPUSD may go Short according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why Short?
Because GBPUSD Short traders have already broken the 4-hour Upward Bottom trendline and now Top Downward trendline is being respected.
Although this pair has proved that, It's Changing its character and Also Sellers proved that the Market structure shifted and eventually lead to a Break of Structure.
Analytical Trade would probably be
Sell limit order at 1.27625
Stop loss at 1.27878
Take profit at 1.24462
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
GBPUSD Channel Pattern BreakoutWe expect further downside on this pair, signalled by the breakout of the ascending channel pattern. We can also see the formation of a low high and a breakout of a key level which further supports our directional basis.
GBPUSD Falling Wedge BreakoutThe pair is already in an uptrend on higher time frames. We expect further upside which is signalled by the breakout of the falling wedge pattern. We can also see the formation of a new high and a breakout of a key level which further supports our directional basis. Entry on the retest of the key level.
GBP/USD SellPrice rejected at the trendline and horizontal Resistance level around 1.23266. The price has also broken the structure by making lower lows and lower highs. The price will likely continue going down to 1.18288.
GBPUSDHello, according to my analysis of the GBPUSD pair, there is a good opportunity to buy with the pair exiting the descending channel. And breaking the level of 1.22530. It keeps the pair in a positive state and we could see more rises towards the 1.25000 level. Good luck to everyone.
GBPUSD Bullish Breakout!GBP-USD was trading in
A falling parallel channel
But now we are seeing
A bullish breakout
So after the pullback and
Retest the pair is likely
To go further up !
GBPUSD WEEKLY ANALYSIS-UPDATE 01/10/2023Anticipating Dollar Weakness for GBP/USD
📉 Expecting Dollar weakness to trigger a potential retracement on GBP/USD. Keep an eye on this pair for a possible pullback and correction and after we head back down following the current trend. 📈 #GBPUSD #Forex #TradingViewAnalysis
GBPUSD LONG TERM BUY IDEAHello 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
GBPUSD | More Than a 1:1 Reward To Risk TradeThis is bearish potential on GBPUSD
12 hour timeframe is bearish. A new high was made on today.
Price can go lower overnight. If it does
we can adjust the take profit.
Stop loss and entry will stay the same.
Stop loss and entry are noted as
Entry: 1.21813
Stop loss: 1.22719
TP: Open but preferably the lower low after price pulls back and beyond.
You can move stop loss higher if you prefer more room for the trade to breathe.
Belief: For God did not give me a spirit of fear, but of power, love, and a sound mind.
Rather this trade wins or losses, I pray God for the opportunity.
Hey! Like the analysis. Much Love. ❤️
GBPUSD 4H (pivot price: 1.2200)
GBPUSD
stabilizing above 1.2200 will support rising to touch 1.2233 then 1.2280 then 1.2328
stabilizing under 1.2200 will support falling to touch 1.2152 then 1.2107
pivot price: 1.2200
Resistance prices: 1.2233 & 1.2280 & 1.2328
Support prices: 1.2152 & 1.2107 & 1.2035
timeframe: 4H
GBPUSD Technical Analaysis and Trade IdeaThe GBPUSD has exhibited a notable shift in behavior compared to the downtrend last week. We observed some upward momentum from Friday into Today. The critical question at hand is whether this signals the onset of a bullish or bearish week ahead.
Most recently, the cable has leaned towards a bearish bias; however, there may be room for an early-week retracement, potentially resulting in a green weekly candle. Conversely, there is a plausible argument for a bearish week ahead.
In our video analysis, we will meticulously evaluate the pros and cons, carefully weighing all factors to formulate a potential trade entry strategy, possibly during the New York Open today or even the London open tomorrow. It's important to emphasize that the content of this video is provided for informational purposes only and should not be interpreted as financial advice.
GBPUSD Bearish Bias!GBP-USD is trading in a
Downtrend in a falling
Channel and I think
That we will see
Bearish continuation!
GBPUSD Technical Analysis and Trade IdeaDelving into the GBPUSD currency pair's analysis, we observe a significant development: it has reached a crucial support level after experiencing a substantial bearish trend. At this juncture, it becomes apparent that the price is stretched, potentially signaling an impending retracement.
As always, the video accompanying this description offers a comprehensive exploration of key factors, including price action, market structure, and various critical aspects of technical analysis. It is imperative to stress that the information shared in this content is exclusively for educational purposes. It should not, under any circumstances, be construed as financial advice. Therefore, it remains paramount to exercise diligent risk management strategies when participating in trading activities.
GBPUSD SELLS in play.GBPUSD SELLS in play.
1. Potential Bearish Trend.
2. USD is strong meanwhile GBP is still weak.
3. Short term buyers pressure.
We are looking to go Short on this pair, As the price is heading towards the resistance zone. We will look for confirmations on the lower time frames.
GBPUSD: Continued Downtrend Expected!Due to DXY strong bullish behaviour we are expecting price to continue the downtrend for upcoming months. Even the many large institutions have predicted GBP weakness in coming weeks.
#GBPUSD: EASY 200 PIPS SETUP!Dear Traders,
Hope everyone having a great week, we have an excellent buying opportunity on $FX:GBPUSD. DXY is extremely bullish and recently it has been overbought, mainly due to that main reason we think price will be bullish in coming week.
If you like our work then please do like our ideas and comment your views let's make the trading community easy to access for everyone.
