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Gbpusdanalysis

GBPUSD: Anticipating Bullish Order Flow and Targets!Greetings Traders! Current Market Analysis: At present, I am observing bullish institutional order flow stepping into GBPUSD. The key evidence for this bullish momentum is the support provided by the bullish order block, an institutional support zone. Additionally, the price has filled the liquidity void preceding the order block, further reinforcing its strength. Key Observations: Bullish Institutional Support: The bullish order block is acting as a robust support level, indicating the presence of institutional buying interest. The filled liquidity void before this order block adds to its validity and strength. Retest Opportunity: We may see a retest into the M15 bullish order block, where I have placed a pending order. This potential retest within the current discount price range offers a favorable environment for buying opportunities. Target Levels: Relatively Equal Highs: These present engineering liquidity, making them a prime target for bullish price action. H4 Bearish Order Block: The main objective is for the price to reach this level, which is a strong draw due to the liquidity void presented before it. Trading Strategy: Focus on Discount Prices: As we are currently in discount prices, it is an opportune moment to look for buying opportunities. The goal is to enter at discounted levels and aim to book profits at premium prices. Bullish Targets: The primary targets are the relatively equal highs and ultimately the H4 bearish order block. These targets align with the draw on liquidity and offer significant profit potential. Conclusion: By understanding the current bullish institutional order flow and leveraging key support and resistance levels, we can effectively anticipate and execute bullish trades on GBPUSD. The confluence of the bullish order block, filled liquidity void, and strategic target levels supports a bullish outlook and guides our trading strategy towards taking advantage of buying opportunities in the market. For this morning's sell-side analysis of GBPUSD, please see: Happy Trading, The_Architect
Long
by The_Archi-tect
11
GBPUSD: Continuation of Momentary Bullish Order-Flow!Greetings Traders! Current Market Analysis: At the moment, GBPUSD is showing bullish momentum, particularly on the smaller timeframes. This is due to the inefficiency (liquidity void) present before the H4 bearish order block. The market strives for efficiency, and thus returns to fill these inefficiencies over time. I anticipate a continuation towards the H4 bearish order block. Key Observations: Confluence Factors: The H4 mitigation block is aligned with the H1 bullish order block, creating a strong institutional support zone. This alignment supports a risked entry towards the upside. Risked & Confirmation Entry Strategy: I will take a risked entry on the H1 order block, However if the price takes out the H1 sell stops, I will consider a confirmation entry towards the upside. Target Levels: Engineered Trendline Liquidity: The price has created trendline liquidity, which we expect the market to absorb. H4 Bearish Order Block: The main target is the H4 bearish order block, a strong draw due to the liquidity void present before it. Trading Strategy: Institutional Support Zone: Entering at the institutional support zone provided by the H4 mitigation block and H1 bullish order block alignment offers a strategic buying opportunity. Upside Targets: The primary targets are the engineered trendline liquidity and the H4 bearish order block. These targets are in line with the bullish draw on liquidity. Conclusion: By understanding the momentary bullish institutional order flow and leveraging key support and resistance levels, we can anticipate and execute trades on GBPUSD effectively. The confluence of the H4 mitigation block and H1 bullish order block provides a robust support zone, guiding our strategy towards profitable buying opportunities. For a comprehensive understanding of why I have been looking for a bullish draw this week on GBPUSD, please follow this link to a detailed post. Happy Trading, The_Architect
Long
by The_Archi-tect
2
GBPUSD - UniverseMetta - Analysis#GBPUSD - UniverseMetta - Analysis On D1 you can observe an impulse wave with a breakdown of the lower boundary, which can lead to the formation of a 3-wave structure. On H4, in the formation of a downward movement, you can see an ABC correction, wait for the trend line to be broken, which can begin to move towards the levels of 1.26185. in continuation of the 3 wave structure on D1. You should also be more careful in the news background if the correction continues. Target 1.26185 - 1.25330 - 1.24550
Short
by Trade-U-Metta
GBP/USD Eyes Potential Rebound from 1.2660 Support AreaGBP/USD closed in negative territory on Thursday, snapping a three-day winning streak. The pair appears to find support on Friday around the 1.2660 area, a key level that could mark the beginning of a bullish rebound. Several technical indicators suggest a potential upside move from this support zone. The 1.2660 support area has emerged as a critical level where the pair seems to stabilize after recent declines. Notably, there are a couple of divergences on both the RSI and Stochastic indicators, indicating potential bullish momentum. Divergences in these indicators often signal that the prevailing trend may be weakening, paving the way for a reversal. From a technical perspective, the observed divergences in the RSI and Stochastic indicators at the 1.2660 level strengthen the case for a rebound. These indicators measure momentum and oscillation, respectively, and their divergences suggest that the selling pressure might be easing, making room for a potential upward movement. Given these technical signals, we are looking for a rebound from the 1.2660 support zone, with a potential bullish impulse in the near term. Traders should monitor the price action closely at this level for confirmation of a reversal. A sustained move above this support could trigger further gains, potentially resuming the pair's previous uptrend. In conclusion, while GBP/USD has faced recent selling pressure, the technical outlook at the 1.2660 support area suggests a possible bullish rebound. The divergences on the RSI and Stochastic indicators reinforce this view, providing a positive setup for traders looking for an upside move. As the market stabilizes, attention will be on whether the pair can leverage this support for a renewed bullish impulse.
Long
by FOREXN1
1
GBP/USD Nears Monthly Low as Fed Maintain Interest Rate FirmnessThe Pound Sterling (GBP) continued its decline against the US Dollar (USD) for the third consecutive trading day on Monday. The GBP/USD pair is currently hovering near its monthly low, around 1.2660, as the Federal Reserve’s (Fed) hawkish stance on interest rates maintains the US Dollar's strength. Fundamental Analysis Federal Reserve's Interest Rate Outlook The Fed's current position is to reduce interest rates only once this year. However, financial markets are speculating that the Fed might implement two rate cuts and begin unwinding its restrictive policy framework starting from the September meeting, with potential subsequent cuts in November or December. This speculation is driven by the soft US Consumer Price Index (CPI) and Producer Price Index (PPI) reports for May, which have increased expectations for early rate cuts. Impact on GBP/USD The Fed’s firm stance on maintaining higher interest rates supports the US Dollar's appeal, exerting downward pressure on the GBP/USD pair. Despite the market's expectations for rate cuts, the immediate outlook for the USD remains strong, making it difficult for the GBP to gain ground. Technical Analysis Divergence and Support Levels Despite the bearish trend, technical analysis reveals that the GBP/USD pair is showing a divergence on the H4 timeframe. Divergence occurs when the price movement contradicts the signal from technical indicators, often suggesting a potential reversal or slowdown in the current trend. The current price action is also situated in a demand area of support, which aligns with the 50% and 61.8% Fibonacci retracement levels. These Fibonacci levels are commonly used to identify potential support and resistance zones where price reversals might occur. Trading Strategy Given the technical setup, we have identified a range area where the price is currently trading. Although the pair has seen a significant drop, the divergence and support confluence suggest a potential for a reversal or at least a temporary stabilization. To manage risk effectively, a stop loss is placed just below the 50% and 61.8% Fibonacci support levels. This ensures that if the price breaks through these key support areas, it signals a clear change in the main trend, and the trade can be exited with minimal losses.
Long
by FOREXN1
1
GBPUSD: Institutional Bearish Order Flow AnalysisGreetings Traders! Current Market Analysis: At present, GBPUSD is reacting to a strong institutional resistance point aligned with an M15 bearish order block. The strength of this order block is due to the inefficiency (liquidity void) preceding it. Additionally, this order block is in conjunction with an H4 breaker block, a significant institutional resistance level where smart money typically initiates new selling positions. Key Observations: Institutional Resistance: The M15 bearish order block, strengthened by the preceding liquidity void, has led to a downward price movement and a market structure shift. This shift indicates that the institutional order flow is now bearish. Price Action: Following the market structure shift, the price has respected the breaker block, suggesting further selling pressure and a continuation of the bearish order flow. Bearish Order Blocks as Resistance: Given the bearish order flow, we expect bearish order blocks to serve as effective resistance levels, guiding the price towards the downside. Trading Strategy: Premium and Discount Levels: We are currently operating within premium prices, making it logical to target discount arrays for profit booking. The focus is on selling at premium levels and aiming for discounted prices where we can realize profits. Target: The primary target in the discount price range is the discount bullish order block, which also features an inefficiency (liquidity void). This presents a suitable draw on liquidity and an ideal profit-taking level. Conclusion: By understanding the current institutional order flow and leveraging key resistance and support levels, we can effectively anticipate and execute bearish trades on GBPUSD. The confluence of the M15 bearish order block, H4 breaker block, and liquidity voids strengthens our bearish outlook and guides our trading strategy towards targeting discounted arrays. Happy Trading, The_Architect
Short
by The_Archi-tect
GBPUSD - Short from bearish order block !!Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: As we can see here price broke the structure and now I will look for short position. If price continues the retracement and fills the imbalance higher, then rejects from bearish order block, I will open a short. Fundamental analysis: This week on Wednesday (GMT+3) we will see results of CPI on GBP and on Thursday - Interest rate, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
GBPUSD: Bearish Intraday Trade OpportunityGreetings Traders! Current Market Analysis: At the moment, GBPUSD is exhibiting a clear bearish institutional order flow. Our primary focus is to identify selling opportunities that align with this narrative. Here’s how we plan to approach the market today: Key Observations: Institutional Order Flow: We are entirely bearish, so our strategy is to find sell opportunities in premium price zones and aim to book profits at further discounted prices. Premium and Discount Tool: Utilizing this tool, we have identified a premium array, specifically the M15 bearish order block, as our point of interest (POI). This is where we will be looking to initiate a sell trade. Trading Strategy: Entry Point: I will wait for the price to reach the identified M15 bearish order block. This POI represents a premium price level where we anticipate a strong selling opportunity. Target: The primary target is the daily fair value gap. This is where we aim to book our profits, capitalizing on the bearish momentum. Contingency Plan: Reactive Trading: If the price does not reach the POI, I will adapt to the market's movements and make decisions based on the unfolding price action. Invalidation Level: If the price breaks above the 1.26928 high, it may indicate a temporary shift in the internal structure to bullish. In this case, we will reassess our strategy accordingly. Happy Trading, The_Architect
Short
by The_Archi-tect
1
GBPUSD | Perspective for the new week | Follow-upThe U.S. dollar made a strong comeback on Friday as the latest economic data revealed a much higher job creation rate than anticipated. The U.S. economy added 272,000 jobs last month, significantly surpassing expectations. This robust job growth suggests that the Federal Reserve might delay starting its easing cycle this year. Additionally, the average hourly earnings increased by 0.4%, up from a 0.2% rate in April, further strengthening the case for a strong dollar. Following this positive jobs report, the likelihood of a rate cut in September dropped to around 50.8%, compared to nearly 70% the previous Thursday. On the other side of the pond, the focus shifts to the United Kingdom, where the Pound Sterling will be influenced by upcoming Employment data, set to be released on Tuesday. The UK has seen a decline in the number of employed people for three consecutive periods. Any further indication of layoffs could weaken the Pound Sterling, increasing speculation that the Bank of England (BoE) might implement early rate cuts. Investors are also keenly watching the UK Average Earnings data, a critical measure of wage growth. The UK's persistent wage growth has been a key driver of high service inflation, posing a challenge to bringing price pressures back towards the 2% target. In this video, we analyze the dynamics between buyers and sellers as they interpret recent economic data and prepare for the upcoming reports this week. GBPUSD Technical Analysis: Will the pound maintain selling pressure below $1.27500? Watch this video for key trades this week. Join the discussion for updates on GBP/USD trading. Stay tuned for more content. Happy trading! Disclaimer Notice: Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
by darcsherry
1
GU bearish reaction from 1.27600 or 1.27800My bias for GU this week is to look for sell opportunities. I expect the price to react from the current demand zone I identified last week, which should trigger a pullback towards the supply zone. Once the price reaches either the 10-hour or 12-hour supply zone, I will look for a Wyckoff distribution on the lower time frame and a clear shift in trend, indicating the price is ready to resume its downward trend. Confluences for GU Sells are as follows: - Lots of liquidity below that needs to get taken as well as imbalances that need to get filled. - DXY is also looking bullish which aligns with this idea as well. - Price has left a clean level of supply that has been unmitigated. - Price is currently in a downtrend so this is a pro-trend idea. - Higher time frame and candle stick anatomy also show bearish P.S. If the price continues to decline, I will wait for it to enter a deeper demand zone before buying back up, assuming the new week starts off bearish. However, my overall strategy for this week is to focus on sell opportunities.
Short
by Hassan_fx
Opportunity to BUY GBPUSD After RetestLook at the GBPUSD chart to find entry opportunities that are supported by several advantages supporting the setup. I saw that after the increase GBPUSD tried to retest its demand zone. This will support the Buy setup with some supporting data if the price: 1. Trend is still bullish. 2. Price enters the RBR demand zone 3. In the demand zone there is support. 4. There is an EMA 200, as a trend reading limit The most important thing is that every risk setup has been measured. Note: any risks regarding the GBPUSD idea plan on this account are not our responsibility, please keep your trading safe.
Long
by AHAFX10
GBPUSD: Intraday Trade Alert - Potential Sell OpportunityGreetings Traders! Analyzing Bearish Institutional Order Flow At the moment, I am observing continuous bearish institutional order flow stepping into the market to reach sell-side objectives. I am selling price action off the M15 bearish order block, which is strong due to an inefficiency (FVG & liquidity void) resting below it. As price reached into the order block, it filled those inefficiencies and has now reached a balanced price range, which I expect to hold. Therefore, I am considering a risked entry on the order block to target the M15 sell stops. Key Observations: Bearish Momentum: Order Block Resistance: Price is using the M15 bearish order block as resistance, indicating strong bearish momentum. Targeting Sell Stops: The primary objective is the M15 sell stops. As well as the H1 Discount Sell Stops. Buy Stop Bearish Scenario: m15 Buy Stops: If price moves towards the M15 buy stops, I will look for a confirmation entry to sell price towards the downside. Trading Strategy: Primary Focus: Entering a risked sell entry on the M15 bearish order block to target the M15 sell stops. Secondary Consideration: Monitoring the m15 buy stops, if they get taken I will look for confirmation entries to sell towards the bearish targets. GBPUSD & DXY Video Analysis: Key Expectations and Trends Ahead! If you'd like to further understand why I am anticipating a bearish draw towards the downside on GBPUSD, please watch my end-of-week outlook video on GBPUSD and the DXY through the link provided. It's important to know how you will be approaching the market, so please conduct further analysis to make well-informed trading decisions. Kind Regards, The_Architect
Short
by The_Archi-tect
GBPUSD. Weekly trading levels 10.06.2024 - 14.06.2024During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!
by Forex_Hoby
GBPUSD trading signals on June 13The British Pound (GBP) fell below the key support level of 1.2800 against the US Dollar (USD) during Thursday's trading session in London. The GBP/USD pair corrected sharply after rising to near a three-month high of 1.2860, inspired by a cooler-than-expected United States (US) Consumer Price Index (CPI) report. ​in May. Cable posted decent gains as the US Dollar rebounded after the latest interest rate forecast from Federal Reserve (Fed) policymakers during the June monetary policy meeting suggests that there will be just one rate cut this year, compared with three predicted in March. The Fed signaled fewer interest rate cuts as strong labor market conditions and price pressures remained higher in the first quarter of the year. The US Dollar Index (DXY), which tracks the value of the Greenback against six major currencies, recovered further to 104.80 After the Fed kept interest rates unchanged in the range of 5.25%-5.50% as expected, officials admitted that disinflation progress toward the 2% target was slower than they predicted. The Fed also revised its forecast for the Core Personal Consumption Expenditures (PCE) Price Index, the Fed's preferred measure of inflation, to 2.8% in 2024, up from the 2.6% estimate by the Fed. March . The recovery can extend to the strong support zone of 1,275, we can establish a BUY signal. This price range is supported by the trendline EMA 34 and EMA 89 in an uptrend. This is also the old DOW breakout area, so the price will react in this area. Wishing you a successful trading day
by TVS-Trader
1
GBPUSD & DXY Analysis: Key Expectations and Trends Ahead!Greetings, Traders! Join me in today's video for an in-depth analysis of GBPUSD and DXY, where we'll explore key expectations for today's and tomorrow's trading sessions, as well as summarize this week's trends. This analysis is pivotal as it sets the tone for next week's trading. We've reached a critical juncture on both the DXY and GBPUSD charts, making it essential to understand the potential market movements ahead. What do you think will be the major market mover going into next week? Stay tuned for valuable insights, and don't hesitate to leave any questions or comments below. Happy Trading, The_Architect
by The_Archi-tect
2
DeGRAM | GBPUSD rebound from strong supportGBPUSD is moving in an ascending channel between the trend lines. The price reached the lower boundary of the channel, bounced and is back above the dynamic support. The chart also touched the support level, which has acted as a pivot point four times recently. We expect the rebound to continue with a possible retest of the dynamic support. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
2