Get started

Gbpusdshort

GBPUSD Technical Analysis and Trade IdeaThe GBPUSD currency pair has faced significant downward pressure in recent times. Currently, it has descended to a crucial support level and appears to be in an overextended state. In our video, we delve into a prospective trading opportunity, grounded in a comprehensive assessment encompassing market structure, price action, the prevailing trend, and other pivotal aspects of technical analysis. It's important to reiterate that the content presented in the video is intended strictly for educational purposes. It should not be interpreted as financial advice or guidance. Our objective is to provide a detailed breakdown of the market dynamics, equipping viewers with valuable insights to make well-informed trading decisions.
Short
by fxtraderanthony
[EN] GBPUSD long term trend // GaliortiTradingAfter failing to break above the 200 session average (summer 2014) FX:GBPUSD is still dominated by its long term bearish trendline (2007) . Despite the bullish RSI divergence FX:GBPUSD was not able to restructure to the upside and developed a double top executing its target in September last year. The strong recovery since then failed to break above its long term downtrend line. The loss of 1.20 would be a very bearish signal and would open the door to new lows in the 1.02-1.00 area . Above the latter prices, the stock could restructure to the upside . Pablo G.
Short
by GaliortiTrading
GBPUSD 4H : Downtrend under 1.2110GBPUSD New forecast The price perfectly fulfills my last idea and price reached our target . The British pound pair against the dollar is showing some upward tendency to approach the pivotal resistance 1.2110. The price needs to hold below this level for the bearish trend scenario to remain effective for the coming period, as breaching it will lead the price to recover and head to test the resistance of the descending channel that organizes the current bearish wave, while we wait for a rebound. Bearish, heading towards 1.2030 then 1.1936 as main negative targets. Therefore the downtrend scenario will be remain effective for the coming period supported by bearish channel and dollar strong , taking into account that breaching 1.2110 and stabilized above will postponed the bearish attempts and will try to correction . Additionally ,Today News will affect the market . support line : 1.2030 , 1.1936 resistance line : 1.2110 , 1.2200 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
by Arazmajeed
2
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. ❤️
Short
by ShaquanLopez
1
GBPUSD END-WEEK ANALYSIS-UPDATE 24/09/2023GBP/USD: Navigating Forex's Ebb and Flow - A Close Eye on DXY GBP/USD has been a rollercoaster lately, with our earlier anticipation of a recovery proving accurate. Yet, in the ever-changing forex landscape, we must prepare for the next chapter. Now, I'm keeping a watchful eye on a potential downturn for GBP/USD, in response to a stronger US dollar. A crucial note: this scenario hinges on the DXY maintaining its price above 105.864. Join me in this forex adventure as we navigate market fluctuations. Stay tuned for the upcoming developments! 📉📈 #GBPUSDAnalysis #MarketDynamics #TradingView
Short
by Dion-FX
Bearish on GBPUSD (ICT)Currently day trading GBPUSD, I want to see the DXY tap into its hourly orderblock while GBPUSD taps into the Hourly fvg so that i can see gbpusd drive up (intraday) and take out buyside liquidity where i will then look for sells once price takes out either sell side liquidity or taps into balanced price range on the hourly (BPR) followed by a market structure shift on the 2 min timeframe with displacement and im hoping to take a short position and scalp it.
Short
by jdmalcolm722
GBPUSD 4H : Under sell pressure GBPUSD New forecast The pound sterling pair against the dollar was able to touch 1.2260 and rebounded downward from there, providing signals of a move to resume the main downward trend within the downward channel that appears in the chart, waiting to head towards 1.2135 and 1.2100 as a negative station. From here, a bearish bias will be expected for today, supported by the negative pressure formed by the descending channel, keeping in mind that breaching 1.2260 will push the price to conduct further upward correction, with its next target reaching 1.2310. Additionally ,Today News will affect the market . support line : 1.2135 , 1.2100 resistance line : 1.2200 , 1.2261 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Short
by Arazmajeed
GBOUSD Analysis. Day trade Signal.Hello Everyone. I want share my idea about GBPUSD. Friday we saw some alive moves of GBP after big and strong fall, but it was actually correction which gave us perfect High, it broke little time 4h Resistance which was manipulation, start strong up movement at lowers timeframe and then got strong rejection and came back down. whit that movement we can see big money first stopped most sell orders and then continue real movement. In my opinion and with my strategy i would like to see from that point retest that 4h resistance and then downside movement which will be perfect day trade, for that i used my Fibonacci levels and showed me exactly where can i wait price reversal movement. Open short position - 1.2265. Stop loss - 1.22615. Take Profit - 1.21100 ( If i will be right and price will reach that point then i will try to follow with trail stop loss) Always manage your risk!!! Good luck everyone!!!
Short
by elmakacho
1
GU - Weekly Timeframe Analysis (ICT)Considering my bullish bias on the DXY, and the currently bearish price action on GBPUSD, I am anticipating price continuing lower with a short-term objective of a Weekly Wick's Consequent Encroachment. Price bottomed off a Weekly Bisi to the tee, and closed above a NWOG at big figure 1.2200, leaving a Weekly Sibi in it's wake. There are 2 areas I am currently looking at for a retracement for a potential continuation to the downside. With price being at an opposing HTF PD Array, I am keen to see how much time it spends consolidating, if at all. 1. The closest Weekly Sibi nested with a Wick of Monthly Bearish Breaker Block (Wick). 2. A Weekly Sibi further up nested with the body of a Monthly Bullish Breaker Block. - R2F
Short
by Road_2_Funded
GBPUSD 4H : OUTLOOKGBPUSD New forecast The price perfectly fulfills my last idea and price reached our target . The pound sterling pair against the dollar was able to touch our expected target at 1.2135 and stabilize around it to support the chances of resuming the expected downward trend for the coming period, whose next target reaches 1.2030. Therefore, we are awaiting further expected decline in the immediate and short term, taking into account that breaching 1.2171 will stop the negative scenario and lead the price to target the descending channel resistance around 1.2200 and 1.2240 before returning to the decline again. Additionally ,Today News will affect the market . support line : 1.2135 , 1.2100 resistance line : 1.2200 , 1.2239 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
by Arazmajeed
6