GBPUSD looking at GU playout like this on the daily into the new year assuming Biden admin doesn't inflict anymore damage (Auctioning off border wall steel)= taxpayer costs increasing/ trade tariffs as well will play a factor into this.
USDGBP trade ideas
Could the Cable reverse from here?The price is reacting off the support level which is an overlap support that aligns with the61.8% Fibonacci retracement and could rise from this level to our take profit.
Entry: 1.2617
Why we like it:
There is an overlap support level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 1.2523
Why we like it:
There is a pullback support level.
Take profit: 1.2731
Why we like it:
There is an overlap resistance level.
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"Preparing for a Short Trade on GBP/USD as Dollar Strengthens""I’m currently waiting for a scenario like this to unfold, or something similar, before I consider opening a short position on GBP/USD. I’m also looking for confirmation before actually executing the trade. Based on my analysis, I expect the dollar to strengthen in the near future, which is why I believe that a short position on GBP/USD could be a profitable move. However, I’ll stay cautious and monitor the market closely before making any decisions."
GBPUSD Price AnalysisGBPUSD Price Analysis
On September 25th, GBPUSD reached its peak at 1.3430 and entered a clear downtrend for about two months.
It appears that the price has created a bottom for the moment on November 22nd near 1.2490.
Since then, GBPUSD seems to be attempting to rise, although it faces challenges following Trump's victory. The market is still awaiting Trump's policies and direction for the US, which is a strong reason why the USD continues to be strong.
GBPUSD may continue to correct slightly ahead of the FOMC meeting scheduled for next week. However, after any minor corrections, GBPUSD may begin to rise again, as long as it holds strongly above the first structure zone at 1.2630.
You may find more details in the chart!
Thank you and Good Luck!
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GBPUSDHello Traders and investor 👋
What do you think
About GBPUSD? this pair is below the
Resistance zone it has also broken it's
Trend line.it is expected to drop at least to
The specified levels after completing the
Pullback to the broken zone..
If this Post was useful to you..
DeGRAM | GBPUSD trend line testingGBPUSD is in a descending channel between the trend lines.
The chart still maintains the descending structure.
The price has already reached the lower boundary of the channel and the dynamic support, which has already acted as a rebound point last time.
MACD and RSI indicators on the 1H Timeframe indicate the formation of divergence.
We expect a rise if GBPUSD can successfully hold the lower trendline.
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GBPUSD Bullish trade Idea after see some sold breakout confirmatGBPUSD bullish trade idea after seeing some sold breakout confirmations on H1.
Buy Price LEVEL: 1. 2597
SL: 1.2550
TP: 1.27141
After the FOMC meeting yesterday night, the price dropped to 1.25627 with high volume when the Fed rate of 4.50 will boost the USD.
The GBP index is bullish; just find the trade with a tight stop loss.
*Note: The market is highly volitile in December; just place a smaller number of trades.
Bearish drop off overlap resistance?GBP/USD is reacting off the resistance level which is an overlap resistance that lines up with the 61.8% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.2733
Why we like it:
There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 1.2794
Why we like it:
There is a pullback resistance level.
Take profit: 1.2609
Why we like it:
There is an overlap support level.
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GBPUSD is in the Selling DirectionHello 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 Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.25500 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.25500 support and resistance area.
Trade safe, Joe.
GBPUSD short ideaIn Q1 2025, shorting GBPUSD could be an attractive strategy due to the relative strength of the USD compared to the GBP. The U.S. economy is expected to outperform the UK, driven by robust consumer spending, low unemployment, and higher interest rates maintained by the Federal Reserve at 5.25%, compared to the Bank of England’s 4.5%. Additionally, lingering UK economic challenges, such as slower GDP growth recovery, cost-of-living pressures, and potential dovish signals from the BoE, could weigh on the GBP. Meanwhile, the USD benefits from its safe-haven appeal amid global uncertainties, further bolstered by strong capital inflows and sustained inflationary pressures that support the Fed’s hawkish stance.This might lead to bearish pressure on GBPUSD and a short would be best to capitalize on these macroeconomic divergences and the expected relative weakness of the GBP against the USD.
GBPUSDThe potential sell scenario for the pair
The pair is under observation as it approaches the designated sell zones on the chart.
Daily Analysis of GBP to USD – Issue 174The analyst believes that the price of { GBPUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
GBPUSD H4 | Falling toward a 161.8% Fibo extension?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2616, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement.
Our take profit will be at 1.2530, an overlap support that aligns with the 161.8% Fibo extension
The stop loss will be at 1.2678, a pullback rsistance level.
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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.
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GBPUSD WEEKLY BIAS Hi guys, it's me again your one and only multi-dimensional analyst and your best trade psychologist, here is my weekly bias for GU, prices failed to break and close as a body which did not result in a BOS, so I will be expecting prices to come back a d take out the targeted low before heading towards the 1 week POI, I will stay flexible with what prices will show me and I will adapt quickly and I will keep you guys updated too, stay tuned for more updates.
Daily Analysis of GBP to USD – Issue 173The analyst believes that the price of { GBPUSD } will increase in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Daily Analysis of GBP to USD – Issue 171The analyst believes that the price of { GBPUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
downtrendIt is expected that the upward trend will form up to the resistance trend line. Then, given the price behavior in this area, there is a possibility of a trend change
GBPUSD Bullish Momentum Towards 1.27290The GPBUSD is currently at 1.27190.
Looking for a 100pts Bullish Run towards 1.27290.
(Direction for LTF-Trades)
[Vienmelodic] GBPUSD 16 Dec 2024 SetupGBPUSD The GBP/USD market structure is still in a downtrend, with no signs of a reversal yet.
I am attempting to open a short position in the supply area with a Risk-to-Reward Ratio (RRR) of 1:3, as shown in the chart image.
GBPUSD: Classic Long From Support 🇬🇧🇺🇸
GBPUSD may pull back from a key daily horizontal support.
As a confirmation, I see a confirmed bullish breakout of a neckline
of a double bottom pattern on an hourly.
Goal - 1.2664
❤️Please, support my work with like, thank you!❤️
GBPUSD DID WHAT I EXPECTED IT TO DOGBPUSD , has done what i expected it to do. I wanted it to break structure . and retrace to fill up the FVG(imbalance), So the Bulls can have a 61.8% discount price to enter. Its a perfect entry moment .
Entry, Take Profit and Stop loss are clearly marked out on the Chat.
GOOD LUCK GUYS!
