GBPUSD SELL UPDATE!!!!1:2 full TP has been achieved
That was a good trade
Enjoy the profits and see you on the next one
GBPUSD_LMAX trade ideas
correctionConsidering the price behavior within the current support range, possible scenarios have been identified.
The downtrend is expected to continue for the specified time frame
Potential bullish reversal?The Cable (GBP/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 1.2067
1st Support: 1.1867
1st Resistance: 1.2321
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBP/USD bullish move recovery on H4 timeframe must read caption.GBP/USD will retrace from here now and will recover itself I have prepared this chart for and it displays the GBP/USD pair on a 4-hour timeframe. It shows a long-term downtrend from mid-2024 to early 2025. A support level, previously established in an earlier timeframe, is marked near the 1.2200-1.2400 price level. This area serves as a buy entry point, with a target for potential upward price movement indicated.
The pair has recently tested the support zone, suggesting a possible rebound. However, its performance is sensitive to external factors such as economic and political developments in the UK and the US.
UK Market-Affecting News:
1. Economic Data:
GDP Growth : The UK has recently reported slower economic growth, raising concerns about a potential recession.
Inflation: Persistent inflationary pressures are impacting consumer spending and business confidence.
BoE Monetary Policy : The Bank of England's decision to pause or raise interest rates in light of slowing growth and high inflation could influence GBP/USD.
2. Social Factors:
Cost-of-Living Crisis: Rising energy bills and food prices are putting pressure on household budgets, dampening economic activity.
Strikes and Protests: Various sectors are experiencing labor strikes, creating additional uncertainties for businesses and supply chains.
3. Political Uncertainty:
Discussions on post-Brexit trade agreements, especially related to Northern Ireland, continue to weigh on investor sentiment.
4. Global Factors:
Any signs of a US Federal Reserve pivot or sustained hawkishness will directly affect the dollar and, by extension, the GBP/USD exchange rate.
These factors should be considered but along with analysis I have shown in the above chart.
Key levels:
Buy GBP/USD from; 1.21400-1.21200
Target at; 1.23100
SL at; 1.20010
Kindly support me guys if you found this helpful for you. Like comment and share this idea with friends.
Share your thoughts in comments below.
GBPUSD D1 I Bullish Bounce Off?Based on the daily chart analysis, we can see that the price is falling to our buy entry at 1.2074, which is a pullback support that aligns with the 78.6% Fibo projection
Our take profit is set at 1.2308, a pullback resistance.
The stop loss will be placed at 1.1846, which is below 100% Fibo projection, providing room for price fluctuations while maintaining a favorable risk-reward ratio.
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.
$GBPUSD Smashes 500 to 1000 PIPS– Ready for the Next Power Move?FX:GBPUSD pair has delivered an epic performance, locking in a massive +1000 PIPS on the whole swing and +562 PIPS on the half swing! After smashing through +250 pips in the latest move, the big question arises: what's next for the Wave Swingers?
With precision setups and powerful momentum, we analyze the next potential opportunities in this explosive trend.
Stay patience & focused for the next wave of dominance!
> All Trade setups provided advanced in time on IDEAS & MINDS.
GBP/USDIt has been going Bearish for a long time. it reached out to the previous low back in October. At any time frame, you can see that Moving aversages are distanced from the price.
at 1H chart, it has touched the 1.2200 couple of times and couldn't break through.
Watch this pair for potential reversal.
Oscilators are showing Bullish Divergence as well.
BUY GBPUSDThe GBP/USD currency pair is currently in a downtrend, trading around the 1.21958 level. The price has recently experienced a decline but appears to be finding support. The chart suggests a potential bullish reversal setup with key take-profit (TP) and stop-loss (SL) levels.
Technical Indicators:
Moving Averages (MA 50 & 200): The price is trading below both the 50-period (orange) and 200-period (green) moving averages, indicating a bearish trend.
Relative Strength Index (RSI): The RSI (7) is at 17.73, which signals an oversold condition, suggesting a possible price reversal.
Trade Setup:
The idea suggests entering a long (buy) position around the current price level with the following levels:
Entry: Near 1.21958
Stop-Loss (SL): 1.21164
Take-Profit (TP) Levels:
TP 1: 1.23204
TP 2: 1.24140
TP 3: 1.25451
FX:GBPUSD
Analysis & Outlook:
The RSI oversold condition and price reaction at the support level suggest a possible bullish retracement.
If price moves above 1.23204, it could confirm a short-term reversal.
Breaking above 1.24277 (resistance near the 50-MA) would strengthen the bullish momentum.
The risk-reward ratio appears favorable, with SL placed below recent support levels.
0102 GBPUSD facing a new chance to sellHello traders,
GBPUSD is now facing a Textbook-style trading opportunities.
It is facing a support level.
Once it breaks, wait for a new chance to sell when price retest this level.
Downside target:
tp1 1.23398
tp2: 1.22596
GOOD LUCK!
LESS IS MORE!
GBP/USD IS BEARISH TECHNICAL OUTLOOK
Cable is 100% bearish. On a monthly,weekly and daily perspective she is bearish. We will be looking for sells however we do see some buying opportunities located around 1.19 and above. For sellers we are seeing them primarily in control with no signs of reversal. The goal here for the account is to focus heavy on the continuation and to utilize our gains wisely. This year will be a year where I will be focusing on account builds (small to big). This compound skill is a skillset that is worth multi millions and if learned correctly will literally separate you from 99% of traders. The key from what it seems in my research is finding the right timing and scaling into the bigger overall move with intra day positions. Another way is to effectively focus on % gain wins w/ a decent weekly hit rate. Both are scenarios in which require the trader to understand the asset of choice like the back of their hand.
Another goal of mine this year will be finally tackling the prop firm space. Now this particular space to me screams red flags due to the lack of reliability and the casino effect tied to all prop firms world wide. In short, the casino effect reflects on how hard these prop firms will be towards profitable traders. They can create rules and eliminate winning trades because of some made up rule they decided to implement. To me, that is one of the biggest issues I have and people playing with hard earned money is a huge no for me and to make matters worse, all these accounts we are paying for are demo accounts. However, I cant just ignore the space so to meet everything half way I will be purchasing the smallest account size available. Doing this, my investment towards their business model is minimal and the profits will be used to scale into the biggest account they have. This will also let my models prove to me they are ready to tackle space and effectively generate weekly % gains in order to even consider investing into any prop firm.
Other than that, GBP/USD is bearish and we are ready to push our models in order to facilitate the upcoming plays. As always, trade safe.
Mr.Oazb
GBP/USD Analysis: Strong Trend Aims for Lower Channel TargetGBP/USD continues to push lower as the bearish trend gains momentum. While a potential trouble area could disrupt the move, the strength of the current trend suggests a high probability of targeting the lower boundary of the channel. Keep an eye on key levels for confirmation.
GBPUSD wait for huge correction and gain to the upside nowAs we said before price is near major daily support zones and now is touching first daily support zone and soon we are looking for start of our bull scenario and our target which is 1.2800 to be hit and +700 pips profit.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
GBPUSD trade idea 21/01 to 17/1GBPUSD this week continued its downward path,
I think it will have further decline this week after a short pull back so my plan is as follows .
On market open after observing ill enter a buy to 1.22607 area, this has shown to be a good support previously, then if it holds ill enter a sell expecting 130 pips on the downside and 50 pips from the upside.
#GBP/USD 15m short/longgbp/usd next week idea
After last week's strong decline, a fairly high spread candle was created and my expectation for this week is that we should take the lower low where there will be quite a lot of liquidation. After this take, we will take the upper liquidations and go back to take the stops placed on the lows for the third time. After that, I expect a fairly good long from the level and wait. Everything depends on the confirmation.
Why is Deutsche Bank selling the pound? Deutsche Bank FX strategist Vice President Shreyas Gopal has shifted to a bearish stance on the British pound.
The pound fell nearly 2% against a strong US dollar last week, hitting a 14-month low of $1.2200. Unlike the dip in November 2024, following the UK budget, Gopal does not see this decline as a buying opportunity. "We favor selling GBP against a basket of major currencies," Gopal stated, highlighting the euro, dollar, Swiss franc, and Japanese yen.
Gopal warns that the pound could face further downside, particularly if the Bank of England cuts rates in February—a scenario currently priced at a 65% probability.
While some market participants may view GBP/USD as oversold, the persistent selling pressure may show few signs of reversing. Key downside targets could be the 2023 low of 1.2000 and the 2022 low of 1.0382.
Starting To Look For Buyss3.tradingview.com
HTF structure is Bullish
LTF Structure is Bullish
But Old OB is being mitigated on 1D
Might start to see shift in Structure
GBP Sell Set UpThe price is approaching both the Fair Value Gap and 0.5 zone on the Fib Retracement. With enough price action/candle wicks, I'll be looking to enter a sell to the previous low(1.23515) and the next support area of 1.231.
Let's see where price takes us!
GBP Analysis Potential Sell Set UpGreetings all!
This week I'm looking for some retracement of GBPUSD before price ultimately falls to 1.213 OR 1.206. Both are areas where price have reversed (October and November) in the past, making them places of interest. Responsibily, when price lands in these zones I will be watching price action to determine whether I want to continue selling or watch for reversals. I will not consider a reversal until a previous high has been swept, breaking market structure!
Quick Read:
Potential retracement - 1.223 OR between ~1.235 - 1.240
Potential reversal areas = 1.213 and 1.206
Trading "Strategies" - Fair Value Gap and/or Fib Retracement while in a downtrend.
GBPUSD TRADE SETUPWait for retest the entry level and bearish momentum then take a trade for Sell otherwise skip this setup
GBP/USD Shorts from 1.23000 or 1.25000 back down...My analysis for GBP/USD (GU) this week focuses on the continuation of the bearish trend, as the price has been consistently breaking structure to the downside. I anticipate that the price will follow through and mitigate a nearby supply level, creating an opportunity to capitalize on the current market conditions.
I’ll be looking to take sell positions once the price reaches one of my identified supply levels, such as the 5-hour or 7-hour zones. At these levels, I expect the price to slow down on the lower time frames, signalling a continuation of the bearish trend. If the price moves lower and taps into the 1-hour demand zone, we could see a temporary bullish reaction before the downtrend resumes.
Confluences for GU Sells:
- The price remains very bearish on the higher time frames.
- The DXY is strongly bullish, aligning with this bearish trend for GU.
- A clean supply zone has caused a Break of Structure (BOS) to the downside.
- The market is forming lower lows and lower highs.
- Liquidity below still needs to be taken.
Note: If the price continues to drop without tapping into my POIs, I’ll wait for another break of structure, which may create a new supply zone. Alternatively, I might look for a counter-trend buy from a valid demand zone back up to a supply level.
THIS WEEK GBPUSD TRADE SETUP Pair: 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.
"💖 Show your love by liking & leaving a comment! Your support means the world to us! 💖"
