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Gbpusdshort

British Pound (GBPUSD) is getting close to 2007 crash!!! CoT index shows Commercials(blue line) are in 3-year extreme low AND Retailers(green line) are in extreme high. Almost every time we are in this situation the asset goes down. The last time was May 2021 you can see what happened afterwards. This is the CoT indicator of commercials net positions. Commercials net position is getting close to 2007 level where the big sell off took place. Here is the 5, 10, and 15-year seasonality trends indicating that the market typically reaches a peak around August first. Therefore, it is expected to decline from that point onward.
CME:6B1!Short
by XardasX
8
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. GBP/USD trades with mild losses near 1.2850 in the European session on Tuesday. A softer risk tone benefits the safe-haven US Dollar and exerts pressure on the pair. Traders now look to the key US jobs data before placing fresh bets. The Relative Strength Index (RSI) indicator on the 4-hour chart turned south and fell below 40, after rising toward 50 ahead of the weekend, reflecting buyers' hesitancy. Additionally, GBP/USD lost its traction after testing the key resistance level at 1.2880, where the descending trend line, Fibonacci 38.2% retracement level of the latest uptrend and the 100-period Simple Moving Average (SMA) meet.
Short
by JohnHarry_7
GBP USD 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
Short
by JohnHarry_7
GbpUsd at critical supportAs expected, GBP/USD broke above the 1.2850 resistance level and surpassed 1.3. A correction followed, and now the pair is back at support, possibly retesting this level. However, the inability to stabilize above 1.3 and the fact that the DXY (US Dollar Index) experienced a false breakdown is not very reassuring for bulls. A break below this support would indicate a false breakout and potentially lead to further losses. Currently, I have a bearish bias for cable and am waiting for confirmation to open short trades.
Short
by Mihai_Iacob
5
GBP/USD Shorts from 1.29200 back downI am looking for sell opportunities in GBP/USD. Recently, the price dropped and broke structure to the downside, indicating a bearish trend. To capitalize on this move, I expect a retracement back to our marked points of interest (POIs). Once the price retraces to these POIs, I'll be watching for a Wyckoff distribution pattern on the lower time frame to initiate sell positions. There’s significant liquidity below, making this a pro-trend idea that aligns with my bullish dollar bias. Confluences for GU Sells: Trend Formation: Price is forming lower lows and lower highs. Supply Zone: A 5-hour supply zone caused the recent break of structure. Liquidity: Significant liquidity below in the form of trend lines and Asia lows. Dollar Strength: DXY (Dollar) is bullish on the higher time frame, supporting this pro-trend trade idea. P.S. If the price continues to drop without tapping into my supply zone, I will wait for it to reach the 17-hour demand zone and look for buy opportunities back up. However, I am more inclined toward sell positions.
Short
by Hassan_fx
1
Sell Gbp/Usd Bearish Flag BreakoutThe GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours. FX:GBPUSD Key Points: Sell Entry: Consider entering a short position around the current price of 1.2916, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.2882 2nd Support – 1.2855 Stop-Loss: To manage risk, place a stop-loss order above 1.2953. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
43
1-Hour Chart Analysis GBPUSD Visit fourtrades website for daily and 4h chart breakdown link in the bio The 1-hour chart provides a closer look at the short-term dynamics. The price recently broke above a descending trendline, suggesting a potential short-term bullish reversal. However, the price action remains choppy, with several resistance and support levels to watch. Key Observations: Immediate Resistance: The 1.2950 level is a key resistance point. A break above this level could lead to a test of 1.3000. Support Levels: Immediate support is around 1.2920, with stronger support at 1.2900. Conclusion The GBP/USD pair is currently at a critical juncture. The daily chart shows a well-defined ascending channel, with the price testing key resistance levels. The 4-hour and 1-hour charts indicate potential bullish momentum, but significant resistance levels need to be cleared for a continuation of the upward trend. Traders should closely watch the 1.2900 support level and 1.2950 resistance level for potential breakout or breakdown scenarios
Long
by FourtradesTV
GBP/USD Shorts are becoming more dominant? GU sell opportunities are looking increasingly favorable as the dollar continues to rise. We now have some high-quality supply zones, specifically the 19-hour and 4-hour zones. If the price breaks the nearby low and structure again, the 2-hour supply zone I’ve identified will become more valid. Since the price is not near any of my high-time-frame points of interest (POIs), if it keeps falling, I expect the imbalances to be filled and the demand zones to be mitigated. Ideally, we will see a reaction from the 3-hour or 17-hour demand zones. Confluences for GU Sells: The dollar is bullish, indicating GU should trend downward. Valid supply zones are forming, presenting potential bearish trade setups. There are numerous imbalances and liquidity below that can be targeted. The price has changed character and broken structure to the downside on the higher time frame. P.S. I will closely monitor the price action throughout the week and adapt accordingly. It appears that a sell position is becoming more likely due to the Wyckoff distribution observed on the high time frame.
Short
by Hassan_fx
GBP/USD !! Touching the EMA, the price decreases⭐️ Smart investment, Strong finance ⭐️ GBP/ USD INFORMATION: The Pound Sterling (GBP) fails to extend a slight recovery above the immediate resistance of 1.2930 against the US Dollar (USD) in Monday’s European session. The near-term outlook of the GBP/USD pair has become uncertain after a corrective move from an annual high of 1.3044 recorded last Wednesday. The Cable faced selling pressure as improved speculation for Donald Trump winning United States (US) presidential elections this year prompted the US Dollar’s appeal. ⭐️ Personal comments NOVA: Notice that the H1 frame touching the EMA is still in a downtrend - SELL NOW price range 1.29300 🔥SELL GBP/USD zone: 1.29300 - 1.29500 SL 1.29800 TP1: 1.29000 TP2: 1.28600 TP3: 1.28300 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Short
by Nova-Scalper
7
Sell GBP/USD Triangle FormationThe GBP/USD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.2970. Target Levels: 1st Support – 1.2910 2nd Support – 1.2874 Stop-Loss: To manage risk, place a stop-loss order above 1.2997. This helps limit potential losses if the price falls back unexpectedly. Thank you.
Short
by KABHI_TA_TRADING
1
GBPUSD: Anticipating Short-Term Bearish Reversal!Greetings Traders! Current Market Analysis: At the moment, GBPUSD has been primarily bullish coming into this week. However, recent price action indicates that we might anticipate some bearish institutional order flow to meet minor targets before potentially continuing the bullish trend. Key Observations: Market Structure Shift: We have seen a market structure shift, suggesting a potential reversal. This bearish sentiment was further confirmed when the price respected the Balanced Price Range, leaving the Fair Value Gap above it as a runaway gap. This indicates that the price has no immediate need to move further into premium prices. Trading Strategy: Entry Strategy: I am looking to see if the price retraces back into the H1 bearish order block. This will be my primary entry point. If the price does not retrace into the H1 bearish order block, I will seek other entry methods, provided the price gives me a confirmation to do so. Target Levels: The main target is the Daily Bullish Fair Value Gap, which is my draw on liquidity. Conclusion: By understanding the current bearish institutional order flow and leveraging key support and resistance levels, we can effectively anticipate and execute trades on GBPUSD. The observed market structure shift and the respect for the Balanced Price Range support a bearish outlook in the short term, guiding our strategy towards taking advantage of short opportunities while keeping an eye on the potential continuation of the bullish trend. Happy Trading, The_Architect
Short
by The_Archi-tect