Gbpusd shortGbpusd has been in a bullish streak for the last 2 weeks, it recently broke the bullish channel and came back to retest, creating bearish flag now we are going short on that retestShortby simeonjohannes443
GPBUSD TRENDLINE SELL ANALYSIS Here on GBPUSD price has been moving lower high, and lower low forming support and resistance . It is like to move down in other to complete the third resistance and support level.So going for SHORT is needed and targeting profits should be around support level of 1.26831Shortby FrankFx142
GBP bears challenging resistance levelPound has been challenging to break of 1.2643 level. Spikes from CPI and Dollar economic data tried but were not successful. Still expecting a drop towards 1.2500 levelsShortby J_NgatiaUpdated 118
GBPUSD Potential Bearish Bat PatternFrom the daily chart, GBPUSD has stabilized and rebounded recently, and the short-term market is expected to continue to rise. At present, you can pay attention to the vicinity of 1.2826 above. This position is the short position of point D of the potential bat pattern. At the same time, this position is within the early supply zone. If the market shows a stagflation signal at this position, you can consider shorting at 1.2826. The downside target is around 1.2680, and the lower target is around 1.2590. If the price breaks through the 1.2900 mark, it will continue to rise.Shortby XTrendSpeed3
GBPUSD BEARSHello Traders. Another week is here to maximize market opportunities. GBPSD has been in a range zone. Zone ranging 1.2750 & 1.2700. Previous week we saw bears breaking support zone then closing the week back at resistance level 1.2745. Support Zone 1.2700. All systems from my POV look green for bears on H4 timeframe. Bulls would only confirm a continuation if we see a close above 1.2760.Shortby J_Ngatia2
GBPUSD intraday selling strategyDear traders! On the 1-hour timeframe, we see GBPUSD confirm a drop below 1.2700 and reach 1.2686, after which the price quickly pulled back and retested liquidity amid a correction and sell-off. The price reaction to the established liquidity zone is consistent with our selling outlook. Expecting a more solid selling strategy, Conan is waiting for a drop to at least 1.2643. And you? Are you expecting a wave of GU discounts?Shortby ConanForexUpdated 9926
GBPUSD maintains gains above 1.2700Dear traders! As Conan predicted earlier, the GBP/USD pair remains well supported across the price channel amid hotter-than-expected UK CPI inflation data, reducing interest rate cut bets on June from the Bank of England. So the lack of change from yesterday's session above 1.2720 on Thursday and the consolidation above 1.2700 in time should not come as too much of a surprise. Fundamentally, the outlook is positive. With this sustained high it is likely that the ideal swing zone of 1.2700 on the 2-hour time frame is likely to be tested for strong accumulation before strengthening further towards the psychological figure. 1.2800.Longby ConanForexUpdated 111142
✅GBP_USD WILL GO UP|LONG🚀 ✅GBP_USD is trading in An uptrend and the pair Made a rebound from the Horizontal support of 1.2700 So we are bullish biased And we will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx3
GU intraday up and down catch the pips!According to elliot wave theory. GU is predicted to be moving along the arrows that is shown here. Breaking the trend and then going for the pullback and we can find a swing long entry possibly tomorrow on new york session. Please confirm your analysis before entering a trade! Goodluck!by ChathifriendsUpdated 111
GBPUSD - Easy intraday or swing sell There is a sell opportunity on GU because of USD strength Fundamentals Look out for USD news this week. If no shocking difference than forecast I don't see why DXY won't go up. → Prelim GDP q/q ( Thursday 28 May ) → Unemployment Claims ( Thursday 28 May ) → Core PCE Price Index m/m ( Friday 29 May ) Visit www.forexfactory.com or www.investing.com to check release time according to your timezone Technicals GBPUSD → We rejected a major resistance zone which we touched multiple times since June 2023 → We breached a 4H trendline → Daily engulfing bearish candle Technicals DXY → We came into support and are heading up. → We do have a zone here which can act as resistance, but I expect that we will breach it. → We broke out of trendline and retested it and gone up. Your trading friend, Simba Trades Shortby Simba_TradingUpdated 5
GBPUSD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyShortby akmalsabran903
A little buyI think that I don't need to say noting about this one. Manage y risk and book some Msby RealFxG3
GBPUSDSo the market went ahead and continued rallying upwards to our highs and broke structure to the upside. So today I am looking for one last push to our intended weekly highs. Long to the ultimate weekly high.Longby hskarue2
GBPUSD Shorts DXY continues to hold its ground. Upcoming news in favour of the US Dollar will drive GBPUSD lower. There is also no high impact news for GBP over the coming week so expect bearish pressure from the get go. Challenging week up ahed guys, good luck!Shortby TheForexMessiah4
GU BUY OPPORTUNITY!Price holds above 1.2704 ahead of US PCE. a buy opportunity is envisaged if price trades back to 1.2723 (buy stop order) Target $1.28Longby Cartela2
GBPUSD**GBPUSD:** The forecast is for the price to fall to the bottom of the channel in order to reverse the trend and reach the key level at 1.2785.Shortby simaoxceps2
GBP/USD Longs from 1.2700 or 1.26700My bias for GU this week is for it to continue its bullish trend, expecting a retracement to an area of demand. I've marked two potential zones of interest: the 3-hour demand and the 10-hour demand just below it. Once the price reaches these levels, I expect it to accumulate and present a clean buying opportunity on the lower time frames. If the price doesn't form a correction and continues upward, I'll look to take sells from a supply zone near 1.27900 or slightly higher. Confluences for GU Buys are as follows: - Demand zone has caused a break of structure to the upside. - Lots of liquidity to the upside as well as that wick that needs to get filled. - Price is already been bullish so this is a pro trend trade. P.S. As of now I will be waiting to see which direction Price would like to go in and prepare myself from there. Have a great trading week guys! THANKS FOR 1K FOLLOWERSLongby Hassan_fx3
GBPUSD Short BearIish ForecastHello there GBPUSD has the potential to drop below 1.27121 for a bias of 1,26906 following the trend of the 4-hour time frame and daily chart. If the price goes above the 1.27285 then that will invalidate the setup. A mini trade idea relating the momentum of a one time frame against the momentum of a higher time frame. Happy Trading, KShortby KhiweUpdated 2
✅GBP_USD FROM SUPPORT🚀 ✅GBP_USD is going down to retest a horizontal support of 1.268 Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 1.272 LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx113
GBPUSD Upward ConsolidationGU continues uptrend, will look for strong reaction to zone using candlestick confirmations. Amy break of structure here will invalidate the trade ideaLongby Zimptrades2
GBPUSD BUY ANALYSISHere on GBPUSD price has moved down and made a rebound around a support area of 1.26853 and now heading up this show that buyer has taken control and now going for LONG is neeeded and targeting profits should be around a psychological levels of 1.24000Longby FrankFx142
GBPUSD. Weekly trading levels 3 - 7.06.2024During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!by Forex_Hoby2
GBPUSD moving higher towards 1.3000 level**Monthly Chart** Last month closed as a bearish candle after making a new low, just to move back into a consolidation range that was formed at the beginning of this year. This month's candle (which is still active) opened within the range and started moving higher. We will see a clear direction after the close of the monthly candle by the end of this week. However, the short-term bias is still bullish after testing the historical low of 1985 in September 2022. **Weekly Chart** last week candle closed higher as a continuation of the bullish move from the previous week. From the weekly chart, the price is heading towards testing the weekly MC around 1.3000 and then 1.3200 level. **Daily Chart** GBPUSD needs a short retracement (corrective move) before resuming the bullish trend. More cleared pictures can be seen in lower time frames.Longby PropSignals3