GBPUSDAs dollar continues to hold its buying potentials ,British pounds will keep selling have a buy/sell structure which should guide buyers and sellers based on our strategy
GBPUSD trade ideas
Breakout-reversal level entryAs you can see from the analysis we had a range that was broken below which created a double bottom( neckline as our Resistance), then price broke above and respected our resistance which caused us to have a New Support, which means we have a new level we can trade at. Price broke out and reversed towards the New Support, which is where I entered my trade and made some profits. So all in all, it's important to use your levels to look for entries, don't use levels that are not respected by the market also wait for the market to reached your setup and don't chase it.
If you would like more detailed tutorials like these comment below so I can post more
GBP/USD Analysis:Hello Dear Traders,
Take a look at the weekly chart; a clear bullish channel is evident here. We tend to long the pair in this situation, given that we are around the bottom of the bullish channel. However, I don't trade based on the weekly channel.
On the daily chart, we see a bearish trend line and a gap towards the bottom of the channel. Breaking above the trend line on the daily chart would indicate more bullish movements in the future.
However, examining the 2-hour chart, it appears that there might be a reversal following a strong bearish candle. This candle was formed due to the FOMC voting, and I believe there may be some sell orders left from that. Therefore, I predict more bearish movements on the 2-hour chart during the reversal.
GBPUSD STRUCTURE And the wait is finally over, trade has been triggered and I will hold till TP 1:2RR. I have locked in on break even due to the upcoming news release of Unemployment claims, no one knows the future the market is always right, and the trade is a risk-free trade now, see you guys soon, and stay tuned for more updates
GBPUSD SELLPEPPERSTONE:GBPUSD FX:GBPUSD FOREXCOM:GBPUSD
We are going to sell here with the volume sell is coming
GBPUSD InsightHello, subscribers!
I hope you’re all doing well. Please share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- The Federal Reserve cut rates by 25 basis points during the December FOMC meeting.
- Through the dot plot, the Fed hinted at a total of 50 basis points of rate cuts next year.
- Fed Chair Jerome Powell mentioned during the press conference that the Fed’s policy stance is now significantly less restrictive and that it may be more cautious when considering further adjustments to the policy rate.
- Markets interpreted the Fed’s rate cut as reluctant and viewed it as extremely hawkish.
- The BOJ and BOE are set to announce their rate decisions today, with expectations of no changes.
Key Economic Indicators
+ December 19: BOJ rate decision, BOE rate decision
+ December 20: U.S. November Personal Consumption Expenditures (PCE) Price Index
GBP/USD Chart Analysis
The dollar’s strength, influenced by the Fed’s hawkish stance, has led to a steep decline in GBP/USD. The pair has broken below the 1.26000 level, signaling a potential further drop toward the 1.25000 level. In the short term, additional declines are possible, and if GBP/USD falls below 1.25000, the pair may extend its losses to 1.23000. However, if a rebound occurs at the 1.25000 level, a rise toward 1.27000 could be expected.
GBPUSD 18 December Trade IdeaThis pair has been in an up trend, but in the last few days the bulls have been failing to push price higher, we are looking for selling opportunities once trendline is broken.
put a trading indicator i coded my strategy to today and 70pips I coded a trading indicator and put it into traiding views to give signals and alert on the chart today and it legit gave me an entry today when just now 70 pips made. just today the i put the trading indicator. 70pips profit
GBP/USD Bearish Flag Breakdown Incoming?⚡ A bearish flag on GBP/USD (15-min chart) is forming! If the price breaks below the black support line, I’m eyeing a short trade.
Target:
🎯 First target: Yellow zone – let’s see if sellers take control!
💬 What’s your take on this pattern?
Short Setup Limit order GBPUSD day trade before news👋Hello Traders,
Our 🖥️ AI system detected that there is an H1 timeframe ICT Short setup in
GBPUSD for session trade (a couple of Hours)
Here is a session trade idea Sell limit order level for reference, TP and SL in pips
Cancel limit order before any great news in Forex.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
GBPUSD: Breaking the trend line!GBPUSD is currently trading around 1.2705 and has not changed much since the start of the trading session.
Early Tuesday morning, data released by the UK Office for National Statistics (ONS) showed that the ILO Unemployment Rate remained unchanged at 4.3% in the three months to October, as expected. During the period, Employment Change increased by 173,000, while annual wage inflation, measured by Average Earnings excluding bonuses, increased to 5.2% from 4.9%.
Although the negative shift in risk sentiment has helped the US dollar gain ground in the European session, the GBP/USD pair remains flat but could fall as the bullish trendline and technical factors are broken.
GBPUSD - Bearish ContinuationHi everyone
here i just share my strategy about GU
i do believe that the price will make a bearish continuation
so , following the trend is better !!
now i do a short
90% will come true
haha
disclaimer
this is not a signal
i just share what i see and what i know
be smart
GBPUSD D1 ShortThe GBP/USD daily chart presents a potential bearish continuation setup as price tests the Kijun-sen (blue) and Tenkan-sen (red) resistance while remaining below the Ichimoku cloud (Kumo), signaling an overall bearish bias. The red Kumo ahead reinforces negative momentum, but caution is advised as the Kijun-Tenkan confluence could trigger a reversal. A rejection here could offer a short entry below 1.2680, with a stop-loss above the Kijun-sen near 1.2823 and a target at the previous swing low around 1.2489, maintaining a favorable risk-to-reward ratio.
GBPUSD Stop Sell Setup - 15-Minute AnalysisAnalysis: I'm placing a stop sell order below the shadow (low) of the 15-minute candlestick. The market shows a potential bearish momentum, with a resistance zone forming around the 1.2724-1.2728 area. My stop loss is set above the recent highs, ensuring risk management, while my target aligns with a potential support near 1.2643.
The RSI is around 46, indicating neutral to slight bearish strength, which supports the continuation of the downward move. If the price breaks the low of this range, it could trigger the sell order and follow through with momentum.
POTENTIAL SHORT LOOMING GBPUSD have established LL and LH structure indicating trend reversal. Right now price pulled back to sweep liquidity. Expect price to start a new wave of lows. See chart for clarity on where price is heading to
GBPUSD SHORT IN 1D TFseeing potential of going for short in GBPUSD after we clearly see buyers are diminishing in power as market is in retracement move however confirmation will be right only if it touches the broken support
GBPUSD | 16.12.2024BUY 1.26450 | STOP 1.25900 | TAKE 1.27000 | The GBPUSD pair is trading higher, correcting after a sharp decline in the instrument at the end of the last trading week, as a result of which the “bears” were able to update the local lows of November 27: weak macroeconomic statistics from the UK put pressure on the pound’s position last Friday.
GBPUSD short term Long postionRecent fundamental news release has provided bullish momentum for GBPUSD:
Positive UK Economic Data: The latest UK economic report, such as stronger-than-expected GDP, inflation data, or PMI, signals economic resilience and supports the pound.
USD Weakness: Recent U.S. economic data may have disappointed expectations, leading to a weaker dollar as traders anticipate less aggressive Fed policies.
Risk-On Sentiment: Broader market sentiment favors riskier assets, driving inflows into GBP and out of the safe-haven USD.
Technical Setup:
morning star on 5 min
Hammer on 15 min
retracement into 50/61.8% fib levels
Place stop just below the 61.8% level
Risk-to-Reward Ratio:
1:1.5 or better.
News Impact:
Keep monitoring updates as GBP can react further to follow-up data or any statements from Bank of England policymakers.
Fundamental Market Analysis for December 17, 2024 GBPUSDGBP/USD broke a three-day losing streak that took the pair to 1.2600 last week, recovering just over half a percent on Monday to return to the 1.2700 range.
UK services PMI results for December hit an 11-month low. On Tuesday, UK traders will focus on wage and labor data. Quarterly average wages are expected to rise to 5% year-on-year.
Markets await the Federal Reserve's rate decision on Wednesday. Traders will be closely watching the Fed's updated summary of economic projections (SEP) and interest rate forecasts from policymakers.
U.S. PMI data for December was mixed, with the services PMI hitting multi-year highs and the manufacturing PMI falling below 50.0, indicating contraction. Retail sales data will be released on Tuesday, but may attract limited market attention ahead of the Fed's final rate decision this year.
On Wednesday, traders will keep an eye on fresh UK Consumer Price Index (CPI) data, while the rest of the market will await the Bank of England's (BoE) latest rate decision scheduled for Thursday. The Bank of England is expected to leave the interest rate unchanged.
Trading recommendation: Watching the level of 1.2700, trading mainly with Buy orders
GBPUSD update levels 9.12.This is just a level adjustment, the comment remains the same, I have a few scenarios, let's see which one will be valid.
GBPUSD Short OpportunityUSD is in bullish trand and we can take opportunity to short GBPUSD with targets of ABCD pattern. Entry can be taken at breakout of HL.
