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Gbpusdlong

Gbpusd new demand zoneHello everyone, I've identified a fresh demand zone in the GBP/USD pair, and the location looks quite promising. You can approach this trade in two ways: either set a buy limit at the weekly demand zone or use price action to enter on lower timeframes. Personally, I use both strategies. As always, it's essential to apply proper money management and never trade without setting an appropriate stop-loss. Remember, trading is a game of probabilities, so your success should be evaluated over a series of trades, not just one. Thanks!
Long
by UnknownUnicorn89138523
GBPUSD - Look for Continuation Long (SWING) 1:5!GBPUSD is displaying a gradual bullish momentum following a strong upward trend on the HTF. After breaking the HTF key resistance level, it corrected to the nearest Demand Zone. On the LTF, GBPUSD appears to be accumulating before resuming an upward trend toward the Supply Zone, where a reversal market structure may form, supported by the DVX. 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!
Long
by S-Fx_
GBPUSD Bullish Reversal OpportunityGBPUSD price is facing a credible resistance zone. If the price action is able to print a convincing Higher High and break this zone, it may be a signal towards a proper Bullish breakout. Bulls may eventually face a strong resistance zone around 1.3401 till 1.3515. If there is considerable Bullish momentum in this price zone, chances of TP2 may increase. Till then, opportunity may be seized by the Bulls. Trade Plan: Entry @ 1.31950 Stop Loss @ 1.2995 TP1 @ 1.3395 TP2 @ 1.3595 No. of Trades: 2 Move SL to Break Even if TP1 hits.
Long
by SalaarBT
2
GBPUSD I Falling wedge pattern and potential upside Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Long
by BKTradingAcademy
1
#GBPUSD 4HOn the GBP/USD 1-hour chart, the price has bounced off a key support level, indicating a potential bullish reversal. The support bounce suggests that buyers are stepping in at this level, preventing further decline and possibly initiating an upward move. Forecast: Buy A buy opportunity is expected as the price rebounds from support. Traders may consider entering a long position with the anticipation that the price will move higher, targeting nearby resistance levels. It’s important to monitor price action for confirmation that the support is holding, as a breakdown below the level could invalidate the buy setup.
Long
by PIPSFIGHTER
Don't miss the great SEE Opportunity in GBPUSDCurrent Market Sentiment: GBP/USD appears to have experienced a recent downtrend but is currently showing signs of stabilization, possibly setting up for a reversal or at least a retracement. Support and Resistance: Support: The blue line near 1.30400 represents a potential support level. This is further emphasized by the grey-shaded area below, indicating the possible zone where buyers may step in if the price dips slightly. Resistance: The green shaded zone around 1.32400 suggests a potential resistance area, which serves as the target for the setup. Trade Setup: The chart suggests a buy setup, with the price expected to bounce off the support zone (grey area) around 1.30400. The target is 1.32400 within the green box, marking a solid resistance zone. Risk-to-Reward: The trade plan appears to be a long position with a stop-loss likely placed below the grey support zone, providing a favourable risk-to-reward ratio if the price reaches the target in the green zone. This setup shows a buy opportunity from the support area, with a target around 1.32400, expecting GBP/USD to recover after its recent decline.
Long
by forexcitysignal
3
GBPUSD - Look for Reversal Long (INTRADAY) 1:4!A similar setup could be forming in GBPUSD, where we might catch a few pips on a buy once the price reaches the Demand Zone. Let's monitor how the market responds to this setup. 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!
Long
by S-Fx_
GBPUSD British pound Bullish Week**British pound GBP Value Correlation to USD >We are now in the Oversold region Signaling for a bullish trend week. Note: Every time we get Oversold Readings (Green Vertical Lines) we always get a Bullish Move **Election Year Seasonality forecast >Bullish until early next Week. Technicals: >Price already tested the Daily Supply Zone last Friday, preparing for a Bullish Week ahead. >Price could reach to the opposing Supply Zone that initiated the bearish imbalance. OTHERS: >Scalpers can ride the bullish trending week >Long term traders can position for a Sell for next week or position a Long trade at Supply for a retest. ***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
CME:6B1!Long
by TradersPod