GBPUSD - SHORTGBPUSD has been ranging for over a month now, but with the NFP outcome lastweek and the US pairs rallying, we are more likely to see a break to the downside.
Thoughts ???
Gbpusdshort
GBPUSD SELL opportunity 1.2610 TP 1.2334GBPUSD SELL opportunity 1.2610 TP 1.2334
GBPUSD BUY opportunity 1.2655 TP 1.2757
GBPUSD BUY opportunity 1.2535 TP 1.2635
Confirmation after the breakout support level.
If Broke through support will reach to next support level 1.2370. The Current Resistance level is 4H 1.2827 and support is 1.2501
GBPUSD SHORT - BREAKOUT SOON!Waiting for a break and retest at 1.26124 to short GBPUSD back to Daily ley level at 1.24481
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GBPUSD SELL ANALYSIS Here GBPUSD has made a rebound on psychological level of 26500 it likely that price want to move down a bit. Look at the overall trend we can see that is uptrend . So price might touche the pyschological level of 27000 before continue it upward movement . So going for short is needed and target profit at around 27000
Tricky Moves for GBPUSDPure technical analysis.
After making a bullish move from November 23, 2023, GBPUSD has completed Elliott Waves (first 12345), and then made a sideways movement since mid-December 2023. In this sideways movement, GBPUSD made micro-Elliott Waves and has completed them. The extension of this wave is predicted to complete leg 3 of the second 12345 waves in the range and reverse downwards.
On this large time frame (D1/H4), this is a retracement to the bullish wave in the previous large time frame. In the small time frame (H1), this is an opportunity to sell GBPUSD into the 0.618 Fibonacci zone of the large time frame, which is the flip zone area as well as the area that still leaves an imbalance wide enough to be filled.
Another reason to sell is the divergence on the oscillator which indicates buyers are starting to get exhausted.
To enter, wait until the price reaches the middle or top of the range, where there is a lot of equal high liquidity (range 1.27100 - 1.28250). Pay attention to price movements in smaller time frames (M5 - M15) to get an entry sell position. We prefer to enter at the 1.27040 level or higher and aims for 2R to the support zone at 1.23710 that acted as 0.618 fib level of the higher time frame, as well as the former bullish flip zone. Stop loss is at 1.28700 to avoid stop loss hunting/purge.
Cancel the setup if the price exceeds 1.28166 with high volume.
Note: if the price reaches take profit and shows reversal symptoms, take a buy position. Analysis will be provided later.
GBPUSD Day Analysis | Sell Setup| Bearish is comingHello Traders, here is the full analysis.
This is my current view on GBPUSD. Price is hovering around our entry zone. Possible strong bearish movement expected! Keep an eye out. A good entry now with accurate stop loss can be a good one.
I still did my best and this is the most likely count for me at the moment.
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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 🤗
GBPUSD SELL NOW guy's don't miss this GBP/USD gathered bullish momentum and closed in positive territory on Thursday after dipping below 1.2650 with the immediate reaction to the Bank of England's (BoE) policy announcements. The pair holds its ground in the European session on Friday and trades modestly higher on the day above 1.2750.
The BoE maintained the bank rate at 5.25%, as expected, following the first policy meeting of the year. The BoE dropped the statement that read "further tightening in monetary policy would be required if there were evidence of more persistent inflationary pressures" but said that they need more evidence that inflation will fall to the 2% target and stay there before cutting rates.
GBPUSD SELL NOW 1.27569
CONFRIM TARGET 1.26515
GBPUSD pyschological level SELLHere gbpusd form a resistance at psychological level of 27500 and likely to go down and tourch the psychological level of 27000
GBPUSD SELL 1HR ANALYSIS Here gbpusd as made a rebound at psychological level of 27500 and making a reject showing that market will price might continue to move down so selling is expect and target profit should be aroung 27000.
GBPUSD Pressure Mounting On the Pound
Hi Traders!
A symmetrical triangle has formed on the GBPUSD 1D chart, and we could have a breakout soon as pressure is quickly mounting on the pound.
Here are the details:
The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it looks bearish due to the market swings; the lows and highs are starting to get lower, and additionally, the market has broken and closed above the 20 EMA.
The fundamental news also supports our bearish view. Earlier today, the MPC Official Bank Rate Votes came out at 2-1-6 which was surprising and worse than expected. Traders will read this as uncertainty for the pound while the dollar continues to strengthen.
As long as the market is still below the 20 EMA, our view will remain bearish. We expect some more consolidation before a possible third attempt at the trendline resistance.
Preferred Direction: Sell
Technical Indicators: 20 EMA
Resistance: 1.27508
Support: 1.25965
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BluetonaFX
Gbpusd sell now H1 now move is confirm sell Critical resistance is located at 1.2700 (200-period Simple Moving Average (SMA), 100-period SMA and 50-period SMA). If the pair rises above that level and confirms it as support, 1.2760 (static level) and 1.2780 (static level) could be seen as next bullish targets.
On the downside, 1.2650 (Fibonacci 23.6% retracement of the latest uptrend) aligns as first
support before 1.2600 (psychological level, static level) and 1.2560 (200-day SMA).
GBPUSD sell now 1.27070
Confirm Target 1.26082
GBPUSD sell now today confirm move is sell guy's don't miss thisCritical resistance is located at 1.2700 (200-period Simple Moving Average (SMA), 100-period SMA and 50-period SMA). If the pair rises above that level and confirms it as support, 1.2760 (static level) and 1.2780 (static level) could be seen as next bullish targets.
On the downside, 1.2650 (Fibonacci 23.6% retracement of the latest uptrend) aligns as first support before 1.2600 (psychological level, static level) and 1.2560 (200-day SMA).
GBPUSD Sell Now 1.27021
Confirm Target 1.25076
GBPUSD H1 / LONG ENTRY IDEA $$$Hello Traders!
This is my idea related to GBPUSD H1. I will wait for a confirmation for a long entry after the chart will touch the OB level. I expect a bullish move until the resistance level mentioned on the chart.
Traders, if you like my idea or have a different opinion, please, feel free to leave a like, comment and subscribe to see my future ideas.
GBPUSD - Short Term ShortingFor personal reference only. Aiming 1.25ish amid Fed "surprising" no rate cuts + "surprising" BoE rate cuts amid ongoing economy contraction.
GBPUSD sell now today confirm chart guy's this best use this GBP/USD continues to move up and down in a narrow band at around 1.2700 early Monday after closing the previous week virtually unchanged. The near-term technical outlook fails to provide a directional clue but the Federal Reserve's and the Bank of England's (BoE) policy announcements later this week could help the pair break out of its range
The cautious market mood at the beginning of the week helps the US Dollar (USD) stay resilient against its rivals and makes it difficult for GBP/USD to gather bullish momentum. Investors grow increasingly worried about the potential negative economic impact of escalating geopolitical tensions in the Middle East.
Over the weekend, UK navy ship HMS Diamond reportedly shot down a Houthi drone over the Red Sea. Meanwhile, three US troops were killed and dozens were injured on Sunday after a drone strike on a US base near Jordan's border with Syria. In case safe-haven flows dominate the financial markets in the second half of the day, GBP/USD could stay under pressure.
GBPUSD SELL NOW 1.27105
CONFIRM TARGET. 1.26270
Today GBPUSD sell move today confirm chart don't miss this chartThe 200-period Simple Moving Average (SMA) on the four-hour chart aligns as a pivot level at 1.2700. If GBP/USD continues to use that level as resistance, technical sellers could remain interested. In this scenario, 1.2650 (Fibonacci 23.6% retracement of the October-December uptrend) and 1.2600 (psychological level, static level) could be seen as next bearish targets.
On the upside, resistances could be at 1.2760 (static level) and 1.2780 (static level) in case GBP/USD stabilizes above 1.2700.
GBPUSD SELL NOW. 127446
CONFIRM TARGET 126710
GBPUSD sell now today confirm move is sell guys use this chart GBP/USD is trading above 1.2700, finding fresh demand amid a stalled US Dollar recovery in early Europe on Monday. The pair cheers reduced bets for an early BoE rate cut ahead of Wednesday's Fed decision. Middle East geopolitical tensions could cap the upside.
Always follow the trend
GBPUSD SELL NOW 1.27131
CONFIRM TARGET. 1.26209
GBPUSD SHORT - STRONG BREAKOUT SOON!Waiting for a break and retest of 1.26272 to short GBPUSD back to key Daily level at 1.24481
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Gbpusd sell now today confirm analysis don't miss this chartGBP/USD holds above 1.2700, where the 50-, 100- and 200-period Simple Moving Averages (SMA) on the 4-hour chart are located. In case this level stays intact as support, 1.2760 (static level) could be seen as next resistance before 1.2780 (static level) and 1.2820 (end-point of the latest uptrend).
If 1.2700 fails, technical sellers could take action and open the door for an extended decline toward 1.2650 (50-day SMA, Fibonacci 23.6% retracement of the latest uptrend) and 1.2600 (psychological level, static level).
GBPUSD SELL NOW 1.27286
CONFIRM TARGET. 1.26511
GBPUSD: Asian forex bears strengthen as US interest rate cut hop
In recent developments, bearish bets on several emerging Asian currencies have increased as traders readjust their expectations for an early interest rate cut by the US Federal Reserve. This change has prompted investors to seek refuge in the US dollar. A reassessment of the US Federal Reserve's (Fed) monetary policy trajectory has led to a stronger USD, derailing most Asian currencies since the start of the year.
The odds of the Fed lowering interest rates in March have dropped significantly to 41.5%, down sharply from more than 75% just a month earlier, according to NASDAQ:CME's FedWatch Tool. This change in sentiment comes ahead of the expected initial estimate for fourth-quarter U.S. GDP, which is expected to show a 2% annual growth rate.
GBPUSD - Downside Caution Sees Dip EntryOverall bullish trend for Cable, which has presented a correction opportunity off the daily.
Moving lower implies an obtuse support to break, making it a tough call for further downside potential.
Longs of current 1.27200 allocates very poor risk to reward - this implies a better ratio off buying the impending dip toward 1.26700 .
#GBPUSDAt time h4, after exiting an ascending channel, if the top of the red box does not confirm or stabilize the candlestick, it can return at least 100% of the previous wave. Therefore, if confirmed as mentioned, we can consider this upward correction to continue the downward path and complete wave 3 or C.
