Gbpusdlong
GBPUSD: Exploring Buy OpportunitiesCurrently, I'm observing a continuation of bullish institutional order flow , particularly towards the H1 Buy Stops , which serves as our Draw On Liquidity . Price action is positioned at a crucial juncture, resting upon a significant H1 Bullish Order Block , aligned with a reclaimed order block — an institutional support zone.
In this scenario, I anticipate this area to serve as a stronghold as we persist in our pursuit of a bullish trajectory.
Furthermore, below the current price action lies a compelling H4 Bullish Order Block, characterized by a Liquidity Void. Should price action gravitate towards this zone, I'll be vigilant for a confirmation entry, signaling potential buying opportunities.
Stay tuned for further updates and analysis.
Kind Regards,
The_Architect
GBPUSD - Upside move ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: As we can see here price filled the imbalance lower and then rejected from bullish order block. I expect to see bullish continuation and my target is imbalance around 1.27250.
Fundamental news: This week on Wednesday we have monthly and yearly CPI on USD and on Thursday monthly PPI, news with high impact on currency.
EURNZD SELL/GBPUSD BUYBoth trades were taken at work during london session. EURNZD was taken based on a structure change which showed selling pressure and GBPUSD was taken based on daily structure changes which is a stronger confluence confirmation.
*GBPUSD was taken with 0.40 lot size on my $106 account
*EURNZD was take with a 0.50 Lot size on my $106 account also
GBP/USD Daily chart analysis, is a reversal brewing for GBPUSD?Hello traders, let us take a look at the daily chart in GBP/USD.
First of all, I would like to draw your attention towards the highlighted elliptical
zone in the chart. If you look at the price action, you will see that there are signs
of reversal in this zone . The last daily candle indicates bulls are back in the game
Secondly, the horizontal support level has remained unbroken so far which indicates
there is ample buying interest in the 1.2540-1.26 zone.
A combination of these two factors gives us a bullish bias in GBP/USD. In my idea published
on 3 April, I already recommended to buy at the 1.2540 level. So, my plans remain
the same, I would continue to buy the dips in GBP/USD as long as the support zone
remains unbroken.
GBPUSD directional Bias is Bullish this week**Weekly Chart**
Are you still thinking that markets are random? No, it is not. The Market is moving precisely as it is calculated and measured perfectly. The evidence is last week's move on GBPUSD as an example. The previous weekly candle closed as doji after testing the low of the range and breaking the previous week's high. The test of the low indicates that the price will have a high probability move to the upside.
**Daily Chart**
On GBPUSD daily timeframe, the price tested the low of the consolidation, created MC, and moved higher only to break the high of the previous range. Many professional traders closed their positions near the break of the high and collected short profits gains before NFP announcement last Friday. This week's direction is now clear, we will be looking for a long trade setup to enter the market. The next target will be above 1.3000 and then 1.31000
GBP USD long 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.
The Relative Strength Index (RSI) indicator holds slightly above 50 and GBP/USD closed above the 200-day Simple Moving Average (SMA) for the second straight on Tuesday. The pair, however, failed to clear the 100-day SMA at 1.2670.
Confirm long Target
Riding the Waves: Triumph on GBPUSDCelebrating success amidst the unpredictability of GBPUSD. Learn from victorious trades as we delve into the importance of patience and resilience in the face of market fluctuations. Each win is a testament to the power of strategy and mindset. Let's reflect on the journey and empower each other in the pursuit of trading excellence.
GBPUSD UPCOMING BUYGBPUSD BUY. not very much to put in the description but gbpusd is making overall higher highs and higher lows on weekly and on daily we got our first daily engulfing candle stick. i would enter now but this is a daily engulfing so if it pulls back i could damage my trading account so im waiting on pullback before entry.
120+ Pips profit secured, more uptrend in GBP/USD?Hello traders, in our idea published yesterday, we advised buying GBP/USD@1.2540 zone
as it was a support level. Currently, with price at 1.2661, the buy trade is in over
120 pips profit .( We have linked the previous idea below for you to cross-check)
Now, let us take a look at the daily chart. We can clearly see that price has climbed back
above the 100-day EMA level. This is a bullish sign The immediate resistance now lies
at the 1.2670 level, which if broken would take the price towards 1.28.
Our plan is to keep holding our buys from 1.2540 level and in case there is another dip,
we will load some buys again.
GBP/USD back to support level, price may rebound a bitHello traders, as I had predicted a week ago, GBP/USD fell after hitting the
1.28 resistance level. Currently, price is back at the 1.2530 zone.
Please note that, there is a likelihood of further rebound in GBP/USD . Price has
already rebounded more than 40 pips. We have already bought GBPUSD 1.2540 with
initial target at 1.2650
If price dips again, I recommend traders to buy GBPUSD@1.2520-1.2540 with Stop loss
under 1.25 and ititial TP at 1.2650
However, a fall below the 1.25 level would be bad for the bulls, so I advise everyone to
apply proper money management while buying
GBPUSD: Bullish Potential Post-Harmonic Pattern FormationThe GBPUSD currency pair has recently completed the formation of an XABCD harmonic pattern, with a notable rejection observed at point D around 1.2580. This rejection signifies a potential reversal in the price action. Presently, the pair is consolidating within this region, suggesting a period of indecision among market participants.
Our analysis indicates a bullish bias for GBPUSD, contingent upon a breakout above the 1.2660 price range. A decisive breach of this level could signal the initiation of an upward momentum, prompting a favorable entry opportunity.
For traders considering a position, we recommend entering upon the retest of the 1.2660 level, with a strategically placed stop loss at 1.2550 to manage risk exposure effectively.
In terms of profit targets, we propose two potential exit points: TP-1 at 1.2770 and TP-2 at 1.2880. These targets align with key resistance levels and offer favorable risk-to-reward ratios for prudent traders.
It is important to remain vigilant and monitor price action closely for any signs of deviation from the anticipated scenario. Adherence to risk management principles is paramount to mitigate potential losses and maximize profitability.
Disclaimer: This analysis is based solely on technical indicators and historical price data, and it should not be construed as financial advice. Traders are advised to conduct their own research and exercise caution when making trading decisions in the forex market.
GBPUSD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
GBPUSD BUYGood evening everyone! Don't forget to put your thumbs up and write comment if you like the idea.
The price moves smoothly into the long area. On Friday I expect to receive an impulse growth against the backdrop of the same decline in the labor market.
First target: 1.26700
Final target: 1.28000
GBP/USD short term longs to shorts 1.26000 back up to 1.27200I am currently holding a bearish view on GU, and I'm patiently waiting for a deeper pullback toward the primary supply zone. However, there's a nearby 1hr demand zone where we might witness a bullish reaction. If this zone fails, which is possible given the ample liquidity below, there's also a deeper demand zone just beneath it. We need to wait patiently to see how price behaves.
If price continues to rise, reaching the Asian high and trend line, it would strengthen my bearish bias and provide additional confluence for potential sells. Conversely, if price declines further, I'll be on the lookout for Wyckoff accumulation to unfold in either of the demand zones.
Confluences for GU short term buys are as follows:
- Price left lots of liquidity to the upside as well as an asian high that needs to get taken
- There is two 1hr demand zones that could initiate the expected pullback yet to come.
- For my sell bias to come into play, price must rally up which hasn't happened yet.
- Imbalances are left above that need to get filled.
P.S. If price continues to decline, I'll wait for a new supply zone to form and then consider selling from that point. Ultimately, the majority of liquidity remains situated below, influencing this decision.
Buy GBPUSD H4 Chart - ChannelGBPUSD Buyers Eyeing Opportunity :
The GBP/USD pair on the H4 timeframe presents a potentially bullish opportunity due to a price nearing a breakout from a well-defined channel pattern. This suggests a possible shift in momentum and a higher likelihood of an uptrend in the coming days.
Key Points:
Buy Entry: Consider entering a long position (buying) around the 1.2600 - 1.2570 zone. This zone represents an attractive entry point near the potential breakout level.
Target: The initial bullish target lies at 1.2820.
Stop-Loss:
To manage risk, place a stop-loss order below the lower support line of the channel, ideally around 1.2550. This helps limit potential losses if the price breaks down from the channel pattern and the downtrend resumes.
Thank you.
Gbpusd long GBP/USD trades sideways above 1.2600 amid a widespread holiday restraining action across financial markets. Investors took a long weekend ahead of critical United States employment data next week. Fed Chair Powell coming up next
In case GBP/USD closes the day below the 200-day SMA at 1.2590 and starts using this level as resistance, technical sellers could remain interested. In this scenario, 1.2550 (beginning point of the latest uptrend) and 1.2500 (static level) could be set as next bearish targets.
On the upside, GBP/USD could stage a recovery if it manages to stabilize above 1.2590/1.2600 (200-day SMA, psychological level). 1.2640 (100-day SMA) and 1.2670-1.2680 (Fibonacci 61.8% retracement of the latest uptrend, 200-period SMA on the 4-hour chart, 50-day SMA) could be seen as next hurdles.
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 long Target