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Gbpusdshort

GBPUSD SHORTI'm currently participating in a trading competition, which is why I'm opening more trades than usual—these are not on my personal account. Typically, I only open one trade per day on my personal account, but only when my setup shows a high probability of confirmation. Trade Management: I've decided to open a short position because the price has been creating Fair Value Gaps (FVG) consecutively on the 5-minute chart, and it seems likely that it will seek liquidity in the lower zones. Additionally, there's a 4-hour FVG, which increases the probability of the price continuing to drop. However, once it reaches the sell-stop, I plan to take partial profits (70%). Risk: 1% Risk-Reward Ratio: 2.84
Short
by Jaytradermb
GBPUSD short term counter trend this week**Monthly Chart** GBPUSD monthly candle closed bullish for August. The next price target is around 1.3400 level (previous monthly IPA). **Weekly Chart** Last week, the candle closed as bearish as it reduced momentum near the imbalance level of the 28th Feb 2022 candle. This week I will examine this area for short trading opportunities if GBPUSD couldn’t break higher. **Daily Chart** I suspect GBPUSD to have one more push to the upside at least retest and sweep the newly formed liquidity before it reverses lower. This might be a short-term counter-trend as we are still in a bullish trend on higher time frames.
Short
by PropSignals
GBPUSD Ready for a breakthroughHello 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
Long
by ForexMasters2000
GBPUSD 1.31790 -0.09 % LONG IDEA PM SESSIONHELLO TRADERS Hope everyone is doing great 📌 A look at The CABLE Heading into the NY PM SESSION * With With string bearish run open today, looking for a possible bullish PM session. * On the 1h we see a CISD + CHOCH on lower tf + fvg on the 15M. * looking for some sort of reversal before continuation bearish. * Looking for the take of that IRL. * Looks like we are in a seek & destroy profile looking to take as such * with two possible OTE, EXECUTION IS BASED ON RR & RISK MANAGEMENT. * Looking at the 1H FVG, POSSIBLE TARGETS . * Should this PD ARRAY hold will be LONG for the GBPUSD intraday PM session. * BASED on the price action served next session... * We will see what does the market dish. 🤷‍♂️😉🐻📉🐮📈 HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK. SEE YOU ON THE CHARTS. IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE SMASH THAT 🚀 & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤ LOVELY TRADING WEEK TO YOU!
Long
by PULEMokhothu
21
GBP/USD Shorts from 1.32600 for retracement My expected analysis for the week is that price will slow down at market open and potentially sell off from the 16-hour supply zone. Once price enters this zone, I will wait for an Asia high sweep and look for distribution on the lower time frames. If price breaks through this supply zone, there is an 18-hour supply zone where price might react. However, since this is a counter-trend trade idea, I expect price to retrace from this bias, allowing me to eventually buy from either the 4-hour supply zone or the 18-hour supply zone. Confluences for GU Sells are as follows: - Price has been very bullish, so a retracement is needed to sustain the upward movement. - The recent price action has been very parabolic, leading to unhealthy price behavior. - There are imbalances and liquidity below that need to be filled. - The 16-hour supply zone presents a potential opportunity for short trades. P.S. If price doesn't tap into the supply zone, I'll wait for it to come down to a demand zone before looking for buys to rejoin the trend. Have a great trading week, guys!
Short
by Hassan_fx
GBPUSD "Cable" Bank Robbery Plan to make and take moneyMy Dear Robbers / Traders, This is our master plan to Heist GBPUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing High using 4h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Short
by Thief_Trader
3
GBPUSD - Look for Continuation Short (SCALP) 1:3!The HTF shows a strong bullish trend, but remember, there’s always a trend within the trend. As the price approaches the HTF Supply Zone, there might be an opportunity for a short position during the correction before the uptrend continues. Although this setup could be considered high-risk, as it goes against the trend, careful money management can help minimize risks. Don’t be greedy—this could be a good scalp or intraday trade. Close the position when it reaches the Demand Zone, and look for another opportunity to ride the bullish trend towards the next resistance level in HTF. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Short
by S-Fx_
4
Gbpusd GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your trades with the GBP/USD forecast and key pivot points data and support and resistance levels. Confirm signal Gbpusd buy signal
Short
by JohnHarry_7
Is the Rally Over? GBPUSD Peaking Is a Major Reversal Imminent?Is GBPUSD setting up for a massive reversal, or are we on the brink of one final explosive push above 1.31? We've seen quite a rally this month with GBPUSD, as it cleanly broke through the 1.30 level this week, climbing above 1.31 yesterday and hitting a 2023 high, which is now acting as resistance. So, what's next? At 1.313, we've reached last year’s high, where we previously witnessed a massive 1100-pip drop down to 1.20 in just a few months. If you look at the daily chart below, you’ll notice a rising wedge pattern has formed over the past few months. Is a SELL-OFF imminent? The current bullish move is highly overextended and extremely overbought on the higher timeframes. Zooming into the 4-hour charts, we can see clear signs of momentum slowing down as we approach this key resistance zone. In the 4-hour chart below, the highlighted area shows how momentum is fading as we near the SELL Zone, with each new push higher being sharply sold off before one final surge into the resistance area. This is a classic indication that a reversal is likely on the horizon. If you compare it to the 4-hour chart from last year’s sell-off, you’ll see the same pattern: a huge surge followed by a couple of brief pauses, then one last push into the resistance zone before selling off. Given all this, the next likely move for this pair is to the downside over the coming days or weeks. We might see one final push above 1.31, but I expect the market to sell off toward the wedge trendline around 1.28. If that level breaks, a move down toward 1.25 could be on the cards. This setup has a high probability, given the overextended upward move, extreme overbought conditions on the higher timeframes, and slowing momentum on the 4-hour charts—all occurring as we approach a significant Weekly SELL ZONE where we saw a 1100-pip move last year. I’ll be looking to sell this pair on a move above 1.31 again or on the first 4-hour signal from my TRFX indicator. Let me know what you think in the comments below :)
Short
by TheFxAce
8
$GBPUSD | Sell Trade | Market Exec |Technical Confluences: - The previous Supply Zone broke and have moved up towards the next Fibo Retracement level at 100% - Stochastics have started to reversed off the Overbought conditions - Resistance Trendline present - Another Interest Zone is right above the Price Action; should see price consolidating or bounce off this zone Fundamental Confluences: - No difference from previous posting ----- Previous positioning got stopped out after market continued the Soft Landing narrative which sent the USD lower and GBP went higher. Will take a new entry here with SL levels above the Interest Zone and will consider the Support trendline and the 78.60^ Fibo levels as the starting TP levels. -----
Short
by weekendanalyst