GBPUSD LOSS - Discussing a LOSS & what I could have done BetterHey guys what's up Brandon here..so as promised I am going to give a breakdown as to why I think I lost the GU trade.
This one is entirely my fault as I saw the consolidation where I know liquidity would have been trapped and I chose to ignore it.
I also saw that GU was becoming very exhausted yesterday and I also chose to ignore that as well and now I am paying for that.
I think it is important to note when you know you did shit and don't make excuses for yourself, this is how I've learnt to analyze the way that I do now. I never made an excuse for myself and I am not about to start now.
That being said I welcome your critiques and comments, did you see what I saw? Would you have taken this trade? What would you have done?
Let's try to learn and grow together, Even though I am consistently profitable doesn't mean I've stopped learning and growing.
The more I learn, the more I realize how much I don't know - Albert Einstein
Gbpusdlong
GBPUSD LONG TERM Selling IDEAHello 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
GBPUSD Post-FOMC price trends in USDAlong with this, the Bank of England will make a Super Thursday interest rate decision, so the latest forecasts will be updated accordingly. GBP/USD continues in a similar situation to earlier this week, when the price held high and low support after testing the Fibonacci levels last Thursday. This level is 1.2073, which is a higher low than the previous swing low in October.
GBPUSD 4H :Try to breach the resistance areaGBPUSD
New forecast
The British pound pair against the dollar continued to rise to test the pivotal resistance 1.2192 - 1.2216, and we notice that the price begins today to attempt to break the resistance area , which its targets begin by breaking to confirm the opening of the way towards heading towards 1.2270.
therefore the uptrend scenario will be affective and supported by moving average 50 Waiting to encourage the price to break the 1.2216 level and continue the rise , while keeping in mind that stabilized below 1.2156 will push the price to achieve additional losses of up to 1.2125.
The expect range trading for today it will be between the resistance line 1.2216 and support line 1.2156.
Additionally ,Today News will affect the market .
support line : 1.2156 , 1.2125
resistance line : 1.2192 , 1.2216
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
GBPUSD to Possibly Fall of A Cliff (SELL OPPORTUNITY)Hey guys, what's up Brandon here - So I just entered a sell on this pair (GBPUSD) and I briefly Breakdown as to why I took it
If we look at the details - everything aligns with sells nicely as the momentum is bearish on almost all timeframes with only 1 or 2 suggesting buys
Now on the few timeframes that may be suggesting buys we have to take into consideration that that could be an induction to buy because GU is a bearish market - and my question is why oh why?....Would you want to buy in a bear market
I don't think this ever makes sense because in essence what you are really doing is - believe it or not...CALLING A BOTTOM
And why would you call a bottom when the market is dropping?
I'll take my chances with the sell - I'm prepared to lose as that is one of the things that just comes with the territory so it is what it is
Let me know what you guys think
GBPUSD - Still bearish ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are still in a bearish market structure from 4H timeframe perspective, so I am looking for a short position. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional mid figure 1.22500.
Fundamental analysis: This week we have a lot of important news on USD. Will be released Interest Rate followed by FOMC Meeting on Wednesday and on Friday NFP day. As well, on Thursday we will see the result of Interest Rate on GBP. Pay attention to the results in order to validate the analysis and try not to trade during the release of the news.
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GBP/USD probable double bottom set-upDear traders, we have the probable formation of a double bottom
pattern in the daily chart. In addition, we also have a bullish reversal
candlestick in the daily timeframe.
A combination of these two factors gives us a reversal bias in GBP/USD.
As per my previous trade idea, I have bought GBPUSD@1.2090 with SL below 1.20
and TP at 1.2350 is on my mind.
Best Place To Can Buy GBP/USD And Get At Least 200 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPUSD D1 - LONG SIGNALGBPUSD D1
We had this markup last week, we took a loss on the trending setup, but we bounced 1.5R from that 1.21 handle, which we are now sitting on again.
Same as before, don't fix it unless it's broken, in the case DXY starts to reject that 106.500 (as per the analysis), we could expect 1.21 to hold and get off the ground again.
GBPUSD D1 - Long SignalGBPUSD D1
We had this markup last week, we took a loss on the trending setup, but we bounced 1.5R from that 1.21 handle, which we are now sitting on again.
Same as before, don't fix it unless it's broken, in the case DXY starts to reject that 106.500 (as per the analysis), we could expect 1.21 to hold and get off the ground again.
GBP/USD probable double bottom set-up in the daily chartDear traders, we have the probable formation of a double bottom
pattern in the daily chart. In addition, we also have a bullish reversal
candlestick in the daily timeframe.
A combination of these two factors gives us a reversal bias in GBP/USD.
A potential long entry in GBPUSD@1.2080-1.2110 with SL below 1.20
and TP at 1.2350 is on my mind.
GBPUSD | Perspective for the new week | Follow-upDespite a setback in UK Retail Sales last Friday, where September's retailers' receipts fell by -0.9% against the expected -0.1%, the Pound Sterling is finding its footing amidst a weakening US Dollar (USD). As it finds demand around the $1.21000 area; the GBPUSD pair is capitalizing on the current market conditions, aiming to secure gains in the face of global uncertainties.
Looking ahead, market enthusiasts are eyeing Tuesday's UK Labor and Purchasing Manager Index (PMI) figures. Forecasts suggest a decline of 198K job additions in August, a slight improvement from July's -207K. Additionally, there is optimism for an uptick in the UK preliminary PMI, with the PMI Composite expected to print at 48.8, compared to the previous 48.5.
Federal Reserve (Fed) Chairman Jerome Powell's recent comments regarding significant tightening in financial conditions, particularly with higher bond yields, might influence policy decisions, potentially weakening the US Dollar. However, it's essential to acknowledge the ongoing Israel-Hamas conflict, which could prompt investors to seek refuge in safe-haven assets, possibly bolstering the USD against its counterparts.
As we step into the new week, we approach the market with flexibility, keeping our strategies adaptable to changing scenarios.
GBPUSD Technical Analysis:
Will the pound find solid support at the $1.2000/$1.18000 zone, or are we heading towards a potential breakdown and a possible sell-off? The stakes are high, and we're on the edge of our seats!
The spotlight is on high-impact economic events from both the US dockets for clues. Brace yourselves as the anticipation and the actual events may trigger sharp price movements that could present incredible trading opportunities.
In this video, we've analyzed the Daily and 4-hour timeframes, exploring bullish and bearish sentiments to uncover the most promising trades for the week ahead. We've delved into key levels, trendlines, and support/resistance points, unveiling essential insights into the current market structure.
Keep a close eye on that critical confluence at $1.21800. It's a decisive moment where both sellers and buyers are vying for control, and how the market reacts here will set the course for GBPUSD in the upcoming days.
Stay connected and join the conversation in the comment section to stay updated on the latest developments. Thank you for tuning in, and get ready for more enlightening insights into GBPUSD in our upcoming content. Buckle up for a thrilling journey ahead! Happy trading!
Disclaimer:
Trading on margin in the foreign exchange market (including commodities, CFDs, stocks, etc.) carries a high level of risk and may not be suitable for all investors. The content of this speculation (including all data) is provided by me for educational and informational purposes only to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not accept any responsibility for its accuracy.
It is important that you carefully consider your investment experience, financial situation, investment objectives, and risk tolerance level, and seek advice from an independent financial advisor to assess the suitability of your situation before making any investment.
I do not guarantee the accuracy of the information provided and shall not be held liable for any loss or damage that may arise directly or indirectly from the content or the receipt of any instructions or notifications related to it.
Please note that past performance is not necessarily indicative of future results
GBPUSD 4H completes a negative combinationHello traders,The pound sterling pair against the dollar shows more bearish tendency to exceed the 1.2100 barrier, reinforcing expectations of a continuation of the downward trend during the coming period, and the way is open to achieving our expected negative target at 1.2049 , noting that breaking it will extend the bearish wave to reach the 1.2000 areas in the near term.
The moving average 50 constitutes negative pressure that supports the continuation of the proposed bearish wave, which will remain in place provided it remains below 1.2110, as breaching this level represents a positive factor that will lead the price to recover again and head towards 1.2139 and then 1.2171 as major positive stations.
Pivot Price: 1.2100
Resistance prices: 1.2139 & 1.2171 & 1.2221
Support prices: 1.2049 & 1.2000 & 1.1949
The general trend expected for today: bearish
Sell Under
tp:1.2049
GBP/USD Buy Idea 24/10/23Trade Details
Buy Limit
Entry: 1.21505
Take Profit 1: 1.22117
Take Profit 2: 1.22882
Take Profit 3: 1.23374
Stop Loss: 1.21318
Key Notes
Order flow: Bullish
Trend: Bullish
Structure: Broken
Entry at Golden Zone
Disclaimer:
This is just a sample template and should not be used as financial advice. Always do your own research before making any trading decisions.
GBPUSD to see another stem dip?GBPUSD - 24h expiry
We are trading at oversold extremes.
A higher correction is expected.
Indecisive price action has resulted in sideways congestion on the intraday chart.
The hourly chart technicals suggests further downside before the uptrend returns.
Preferred trade is to buy on dips.
We look to Buy at 1.2095 (stop at 1.2045)
Our profit targets will be 1.2215 and 1.2315
Resistance: 1.2315 / 1.2470 / 1.2630
Support: 1.2090 / 1.1800 / 1.1440
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
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GBP/USD: The unemployment rate in August decreased, leading to aUK employment figures recover slightly
The UK unemployment rate continues to fall, with new jobless claims at 24,000, compared to the expected 230,000. The unemployment rate in August was 4.2%, slightly lower than the previous month's forecast of 4.3%.
Britain's labor market is easing, another sign that monetary tightening is starting to have an impact on the economy. Central banks agree that a period of low growth and easing labor markets is needed to bring inflation back to target. Slower growth would help prevent the BoE from being forced to raise interest rates as inflation falls sharply around the world.
GBPUSD LONG TERM BUY Trading IDEAHello 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