GBPUSD WEEKLY ANALYSIS-UPDATE 01/10/2023Anticipating Dollar Weakness for GBP/USD
📉 Expecting Dollar weakness to trigger a potential retracement on GBP/USD. Keep an eye on this pair for a possible pullback and correction and after we head back down following the current trend. 📈 #GBPUSD #Forex #TradingViewAnalysis
Gbpusdsetup
GBPUSD LONG TERM BUY 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 Technical Analysis and Trade IdeaThe GBPUSD currency pair has faced significant downward pressure in recent times. Currently, it has descended to a crucial support level and appears to be in an overextended state. In our video, we delve into a prospective trading opportunity, grounded in a comprehensive assessment encompassing market structure, price action, the prevailing trend, and other pivotal aspects of technical analysis.
It's important to reiterate that the content presented in the video is intended strictly for educational purposes. It should not be interpreted as financial advice or guidance. Our objective is to provide a detailed breakdown of the market dynamics, equipping viewers with valuable insights to make well-informed trading decisions.
GBPUSD | More Than a 1:1 Reward To Risk TradeThis is bearish potential on GBPUSD
12 hour timeframe is bearish. A new high was made on today.
Price can go lower overnight. If it does
we can adjust the take profit.
Stop loss and entry will stay the same.
Stop loss and entry are noted as
Entry: 1.21813
Stop loss: 1.22719
TP: Open but preferably the lower low after price pulls back and beyond.
You can move stop loss higher if you prefer more room for the trade to breathe.
Belief: For God did not give me a spirit of fear, but of power, love, and a sound mind.
Rather this trade wins or losses, I pray God for the opportunity.
Hey! Like the analysis. Much Love. ❤️
GBPUSD Potentially BearishPrice has broken the 1.21300 area, a retest of that same zone and its rejection to confirm continuation will be a good entry point.
Better to let market tell you its flow and you respond to it rather than attempt to predict it.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
GBPUSD END-WEEK ANALYSIS-UPDATE 24/09/2023GBP/USD: Navigating Forex's Ebb and Flow - A Close Eye on DXY
GBP/USD has been a rollercoaster lately, with our earlier anticipation of a recovery proving accurate. Yet, in the ever-changing forex landscape, we must prepare for the next chapter.
Now, I'm keeping a watchful eye on a potential downturn for GBP/USD, in response to a stronger US dollar. A crucial note: this scenario hinges on the DXY maintaining its price above 105.864. Join me in this forex adventure as we navigate market fluctuations. Stay tuned for the upcoming developments! 📉📈 #GBPUSDAnalysis #MarketDynamics #TradingView
GBPUSD Technical Analaysis and Trade IdeaThe GBPUSD has exhibited a notable shift in behavior compared to the downtrend last week. We observed some upward momentum from Friday into Today. The critical question at hand is whether this signals the onset of a bullish or bearish week ahead.
Most recently, the cable has leaned towards a bearish bias; however, there may be room for an early-week retracement, potentially resulting in a green weekly candle. Conversely, there is a plausible argument for a bearish week ahead.
In our video analysis, we will meticulously evaluate the pros and cons, carefully weighing all factors to formulate a potential trade entry strategy, possibly during the New York Open today or even the London open tomorrow. It's important to emphasize that the content of this video is provided for informational purposes only and should not be interpreted as financial advice.
A potential bullish swingAfter the strong bearish market, price created a 1.21102 low, from the low the market created a minor consolidation and tapped into the indecision candlestick and aggressively hiked to respect the internal supply. Price is now expected to mitigate the demand zone, activate buyers and give us a nice move to the upside…
GBPUSD MID-WEEK ANALYSIS-UPDATE 24/09/2023Based on my analysis, I'm currently focused on pursuing continuation shorts for GBP/USD due to the prevailing bearish market conditions. However, should the market dynamics undergo a transformation, I'll be setting my sights on targeting the FVG D for potential buy opportunities. Keep an eye on this evolving scenario and stay adaptable in your trading strategy. 📉📈 #GBPUSD #ContinuationShorts #MarketAnalysis
GBPUSD 4H (pivot price: 1.2155)GBPUSD
The downward trend scenario will remain valid and effective for the coming period
stabilizing above 1.2155 will support rising to touch 1.2207 then 1.2250 then 1.23000
stabilizing under 1.2155 will support falling to touch 1.2103 then 1.2061
pivot price: 1.2155
Resistance prices: 1.2207 & 1.2250 & 1.23000
Support prices: 1.2103 & 1.2061 & 1.2018
The general trend expected for today: bearish
timeframe: 4H
GBPUSD Technical Analysis and Trade IdeaDelving into the GBPUSD currency pair's analysis, we observe a significant development: it has reached a crucial support level after experiencing a substantial bearish trend. At this juncture, it becomes apparent that the price is stretched, potentially signaling an impending retracement.
As always, the video accompanying this description offers a comprehensive exploration of key factors, including price action, market structure, and various critical aspects of technical analysis. It is imperative to stress that the information shared in this content is exclusively for educational purposes. It should not, under any circumstances, be construed as financial advice. Therefore, it remains paramount to exercise diligent risk management strategies when participating in trading activities.
GBPUSD week 25.09 - 29.09.2023Currently, GU forms quite a wide trading margin. Following a downward trend.
However, in the Trading range that EU formed a long time ago, LPS (Buyzone) was left behind.
This area has not been filled yet.
Very soon, it will be filled soon.
If you are considering a buy zone - don't forget the zone: 1.2085
#GBPUSD: EASY 200 PIPS SETUP!Dear Traders,
Hope everyone having a great week, we have an excellent buying opportunity on $FX:GBPUSD. DXY is extremely bullish and recently it has been overbought, mainly due to that main reason we think price will be bullish in coming week.
If you like our work then please do like our ideas and comment your views let's make the trading community easy to access for everyone.
GBPUSD LONG TERM BUY IDEAAug 28
Hello 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 Breaking the changing direction zoneGBPUSD
stabilizing above 1.2399 will support rising to touch 1.2440 then 1.2378 then 1.2561
stabilizing under 1.2376 will support falling to touch 1.2342 then 1.2315
Resistance prices: 1.2440 & 1.2378 & 1.2561
Support prices: 1.2342 & 1.2315 & 1.2282
timeframe: 4H
Will GBPUSD bounce back from here?GBPUSD is one of the trading pair. By looking on the current structure on chart we can say it's below the major trend. And also reaching to the high demand zone.
There is a good possibility it will be bouncing back from here because of
Reason :
1. RSI is in oversold zone. But don't have good strength so buyers will start making positions here.
2. Zone has provided the good support zone for demand.
3. Reduction of volume of sellers.
Verdict :
Bulliness in near future.
Plan of action :
Wait for breakout of dotted trendline.
GBPUSD Technical Analysis and Trade IdeaThe GBPUSD has been experiencing sustained downward pressure, and I believe this trend is likely to persist in the foreseeable future. Nevertheless, there appears to be ample potential for a substantial retracement. Currently, we can see evident on the chart, a slight pullback, and I'm actively seeking an opportunity to capitalize on this retracement. In the video, we delved into the topics of the trend, price action, market structure, and various critical elements of technical analysis. As always, the video provides a clear and comprehensive explanation. Please note that it is intended solely for educational purposes and should not be interpreted as financial advice.