Buy area GBP/USD returned to gains after a six-day decline squeezed it to a six-month low of 1.2595. The pair rebounded near an important trendline from October 2023, and indicators like the RSI and stochastic oscillator suggest the price is likely set for an upward move from oversold territory.Longby Meyo_fx2
DeGRAM | GBPUSD pullback from the retracement levelGBPUSD is above the descending channel between the trend lines. Having reached the dynamic resistance, the price movement reversed. The chart is still moving in a descending structure. We expect a decline after retesting the retracement level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Shortby DeGRAM115
GBPUSDThe GBPUSD pair is expected to continue its fall at the end of the year and is creating lower and lower highs.Shortby MCY-TRADER-BTC_GOLD2
Slow recovery to 1.30 ceiling before big downtrendAs the title suggests - after 6 days of bearish movement cable seems to be trying to retrace back to a firm 1.30 psychological level before continuing back down all the way below 1.25s. Economic divergence between the Uk and US will play out in months to come with the US steadily improving and UK going the opposite way. Medium term bullish; longer term bearish - good luck all.Longby amirkhan2354
DeGRAM | GBPUSD rebound in the channelGBPUSD is moving in a descending channel between the trend lines. The chart maintains a descending structure, but after reaching the lower boundary of the channel, it formed a harmonic pattern. The price has already consolidated above the dynamic support, which has already acted as a rebound point. We expect a continuation of the rebound into the channel ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Longby DeGRAMUpdated 338
Gu buysBullish refers to a positive outlook or expectation that prices in a financial market will rise. It is often used to describe investors who are optimistic about the future performance of an asset or market. For example, if someone is bullish on stocks, they believe that stock prices will go up.Longby MashtikovSolutions3
GBP/USD Shows Strength Amid US Dollar WeaknessThe GBP/USD currency pair has gained bullish momentum, appreciating nearly 0.5% on Monday and breaking a six-day losing streak. Currently, the pair is trading within a demand zone, where the potential for a rebound appears plausible. Bearish pressure on the US Dollar (USD) has contributed to the upward movement in GBP/USD. Additionally, with no significant macroeconomic data set for release, the recent pullback in US Treasury bond yields has hindered the dollar's ability to maintain the gains it achieved the prior week. Later today, Bank of England (BoE) Governor Andrew Bailey and members of the Monetary Policy Committee (MPC) will address inquiries from the UK Treasury Select Committee, which could further influence market sentiment and the pound's standing. Traders are now contemplating a potential retracement in the GBP, focusing on how this dynamic might unfold in the wake of ongoing economic developments and central bank dialogue. ✅ Please share your thoughts about GBP/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.Longby FOREXN1118
Shorting GUShorting GU Institutional order is bearish on D and 4h. Possible OHLC on both time frameShortby Paul_FRXUpdated 1
GBPUSD - Short idea.GBPUSD - Short idea. PDH Liq, SMT , MSS , FVG, 1H DOL. 1:2RShortby Arel_KaUpdated 1
Buy for GBPUSDTaking a quick BUY for GBPUSD based on the previous lower gap and overall M15 direction for BUY. The overall trend is still sell for GBPUSD.Longby tradingwith_ryann1
GBPUSD buy ?last evening price did big move, i believe its gonna push more in london session There is FVG in 12H candles, lets see if it will fill it Good luck traders , stay safe !Longby RaivisF3
GBPUSD SELL ANALYSIS RISING WEDGE PATTERN Here on Gbpusd price form a rising wedge pattern and now try to fall so and is likely to do that as line 1.26763 has broken so trader should go for SHORT and expect profit target of 1.26536 and 1.26291 . Use money managementShortby FrankFx142
GBPUSD | 18.11.2024BUY 1.26300 | STOP 1.25700 | TAKE 1.26900 | On the chart, the GBPUSD pair is consolidating, holding well below the support line of the ascending medium-term trend channel. Today we expect a corrective movement upward to the level of 1.27000.Longby ProPhiTradeUpdated 1
Gbpusd signal GBP/USD tapped multi-month lows at the 1.2600 handle last Friday, in a complete reversal of the pair’s multi-year highs set in September of this year. The pair shed 6.25% top-to-bottom from September’s peak at 1.3434, and a near-term bullish bounce could see a fresh round of short positions collecting between 1.2700 and 1.2800. Gbpusd signal Shortby JohnHarry_7221
Conquered 250 Pips, What's Next in the Wave? Swingers!Let's keep it simple, As Always! As of today, GBP/USD has delivered a solid 250-pip move following our analysis shared on October 9th, 2024. Our forecasted move materialized as expected, with the pair continuing its upward momentum after a brief consolidation phase. For those who took the trade, congratulations on securing some solid profits! Now, the question on everyone's mind is, what's next for GBP/USD? Let’s break down the structure and identify the potential move within the wave. Keep an eye on price action around these levels for the next wave. A pullback to 1.2300 could offer an entry for the next rally. Stay cautious and wait for confirmation before jumping in. Let's see how the market unfolds over the coming sessions. -Zak Happy Trading! 🔥 by blamezakUpdated 7
GBPUSD H4 | Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2721, which is an overlap resistance. Our take profit will be at 1.2608, an overlap support level. The stop loss will be at 1.2842, a pullback resistance level close to 61.8% Fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCM3
GBPUSD sell So i am currently looking forward to catch a sell Continuation on this current bearish setup just right above price. The confluences for the sell are- 1) Market Structure-BoS 2) Supply 3) Imbalance 4) Liquidity So if price is able to successfully retrace back to the supply zone above,I’ll head down to the lower timeframe as from 15mins-3mins to look for my confirmation entry structure which is a ChoCh. If it emerges successfully I’ll look for a valid POI made up on the ChoCh structure of either Supply,imbalance and liquidity or only supply and imbalance and place my entry on it. To target a RR of 1:3rr as profit target. Note the market is all probability which also makes my analysis a probability.Shortby MeekBosslife2225
GBP_USD LONG FROM RISING SUPPORT| ✅GBP_USD is trading along the rising support line And as the pair is going up now After the retest of the line I am expecting the price to keep growing To retest the supply levels above at 1.2762 LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx117
GBP/USD Trade Setup The GBP/USD pair is moving in a descending channel, and recent price action suggests that further downside movement could be on the horizon. 🔻 Trade Details: Take Profit: 1.2643 Stop Loss: 1.2739 This is a short-term position based on technical analysis. GBPUSD, SHORT Shortby Charts_M7MUpdated 116
GBP/USD LONG 15M TF🚀The Atom Signals Trading View Indicator is a sophisticated tool designed for traders seeking to enhance their market analysis and trading strategies. Developed with the intention of providing clear and actionable signals, this indicator leverages a blend of technical analysis techniques to identify potential entry and exit points in the market. It aims to simplify the decision-making process by offering visual cues and alerts, which can be particularly valuable for both novice and experienced traders.🤖 🚀Key features of the Atom Signals Indicator include its adaptability to various trading styles—whether you're a day trader, swing trader, or long-term investor. By incorporating elements like trend detection, momentum analysis, and support/resistance levels, it provides a comprehensive overview of market conditions. This versatility makes it a useful addition to any trader's toolkit, regardless of the asset class they are focusing on, be it stocks, forex, cryptocurrencies, or commodities.🤖 🚀With its user-friendly interface on Trading View, the Atom Signals Indicator is accessible to traders of all experience levels. It not only aids in identifying trading opportunities but also assists in managing risk by highlighting potential reversals or consolidations. Whether you're looking to fine-tune your strategy or gain a fresh perspective on market movements, the Atom Signals Trading View Indicator offers a valuable resource for informed decision-making in the fast-paced world of trading.🤖 Based on the indicator we predict as shown in the charts. You can check the indicator. 🚀Good Luck!Longby atom_signals_indicator1
GBPUSD is in the Selling Direction after breaking suPportHello 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 ChartsLongby ForexMasters2000110
GBPUSD: Buy signal at the bottom of the Rising Wedge.GBPUSD is bearish on its 1D technical outlook (RSI = 34.906, MACD = -0.012, ADX = 45.336) as it almost reached the HL trendline of the Rising Wedge. The technical bottom should start forming now and with the RSI hitting the oversold limit (30.000) on Friday, we can claim that there is a significant upside behind this with limited risk. The similar bottom of October 3rd 2023 targeted initially the 0.618 Fibonacci level. That is our target this time also (TP = 1.03080). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope10