GBPUSD H4 BEARSTimeframe H4: Entry of bears in the market during london session. Timeframe H1: Possible support could be 1.2669. Alternative view: H4: A break above 1.2780 qualifies bulls continuation to the upside.Shortby J_Ngatia0
Long GBP/USDA bearish OB has been disrespected, followed by a bull order block accompanied by a major Break Of Structure. This is reinforced by the respected Breaker Block that was formed by the original disrespected bearish Order Block. When price moved inside the BB, there was a bullish Order Block on the 15 minute chart, therefore my entry. I can also be certain there will be another Break Of Structure here. Feel free to comment your thoughts below :)Longby japeshAGRAWAL2Updated 2
GBPUSD H4 | Bearish Drop Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.2763, which is an overlap resistance. Our take profit will be at 1.2696, an overlap support level. The stop loss will be placed at 1.2823, which is a swing-high resistance level. 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. 68% 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. 70% 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 FXCM0
Shorting GBPUSD after liquidity grabGBPUSD has grabbed liquidity from top and i believe it was just a fake out to grab liquidity, now it is back running between daily trend, i believe it will go down towards resistance, and stops at above previous high giving us approximately 1:10Shortby Haxza2
GBPUSD got rejected on support zone heading to an up trend in 30GBPUSD got rejected on support zone making it a key zone for bullish momentum to take off a strong zone that indicates that buyers are on control by wisdomzaddy0
GBPUSD Institutional tactics setupHello good people this is my setup that i am looking for to take today in this pair Risk reward 1.11RR The system ; Institutional tactics If you like my idea follow subscribe comment and show some love wish you good luck and good tradingShortby AlphaBull-Trading2
Fundamental Market Analysis for May 29, 2024 GBPUSDThe Pound-Dollar pair is trading with small losses near 1.27600 during the Asian session on Wednesday. A moderate recovery in the US Dollar (USD) and US yields amid lower expectations of a rate cut by the US Federal Reserve (Fed) in September is weighing on the major pair. Later on Wednesday, the Fed's Beige Book will be released and Fed Chief John Williams will deliver a speech. Consumer confidence improved slightly in May, the Conference Board reported Tuesday. The gauge rose to 102.0 in May from 97.0 in April, beating an estimate of 95.9. However, U.S. consumers remain concerned about inflation, and many households believe interest rates will rise over the next year. Meanwhile, US Federal Reserve officials made more hawkish comments, which generally helped to strengthen the dollar. Fed chief Michelle Bowman said Tuesday she would support either waiting for the pace of quantitative tightening to begin to slow or a more moderate process of rate cuts than was announced earlier this month. Minneapolis Fed President Neel Kashkari said the central bank should wait for significant progress on inflation before cutting interest rates, adding that he expects no more than two rate cuts in 2024. On the other hand, the expectation that the Bank of England (BoE) will start cutting interest rates in June is dragging the Pound Sterling (GBP) down. The International Monetary Fund (IMF) raised its growth forecasts for the UK economy, but expected the Bank of England to cut rates two or three times. Amid a lack of important economic data releases from the UK, election speculation could boost GBP movement. Worries about political uncertainty may hurt the British pound and create a headwind for the GBP/USD pair. Trading recommendation: Trade predominantly with Sell orders from the current price level.Shortby Fresh-Forexcast20040
GBPUSDPrice broke structure to the downside on the daily. Still watching the key weekly levels above and below. If price decides to go lower will be targeting the daily lows below. NB: don't try to fight you the market, instead focus on what it's printing and go with it.Shortby hskarue0
GBPUSDPrice broke structure to the downside on the daily. Still watching the key weekly levels above and below. If price decides to go lower will be targeting the daily lows below. NB: don't try to fight you the market, instead focus on what it's printing and go with it.Shortby hskarue0
CABLE HEADING DOWNI was waiting to short GBPUSD from a while, and i finally think this lady looks ready. On h1 timeframe, 1.27750 is a strong resistance area and on short term, till we are below that price we are bearish. On Higher timeframe, looking at h4 we have a support zone at 1.27250 and we will probably range there before dropping. I have a final target at 1.26500, and invalidation above local highsShortby CryptoForexGem2
Long on GUHello traders. This is my idea on GU. I'll be looking to go long at around 1.2752. This morning GU came down to tap into a 1h/4h order-block/demand zone. Then the market rejected it and made a structure shift to the upside. My entry is at the 15m demand zone I'll be looking to target yesterday's high for a 50 pip move. We will see how it plays out. DankoLongby thebasiqtrader0
GBPUSDHere's the narrative: Following the recent surge in this currency's value, I perceive it as a pivotal focal point for future developments. Exercise caution, recognizing that the market can swiftly shift in an unfavorable direction. Take responsibility for your actions and their potential outcomes. Thank you for your attention to this matterShortby Dietermorrison1
Long Gu :) #forex #GU waiting for rejection at my demand zones. will execute on lowertimefrimes (prob 5m) with price action sal u 2 Longby SalvaGuinand0
Don't miss this analysis, it will help you!Hello, friend. 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.by Trader-meknitordaUpdated 110
uptrend It is expected that the current corrective trend will end in the specified support ranges and we will see the beginning of the upward trend. With the breaking of the support trend line, the continuation of the corrective trend will be possibleLongby STPFOREX3
GBP/USD - LongHi traders A potential long opportunity here. We have hit the bottom of a channel,we have actually come out of it however it hasn't been broken.I'm expecting a move up from here.Longby GuardianFX0
GBPUSD ABCD Idea H1Here is my ABCD idea for GBPUSD on H1. OB range are on 61.8% and TP target at -27.Longby Aznan_Alsidik0
GBPUSD. Weekly trading levels 27 - 31.05.2024During 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_HobyUpdated 3
If GBPUSD holds above the 1.2700 area, more growth is expectedIf GBPUSD holds above the 1.2700 area, more growth is expected From our previous analysis, the price went up well and the bullish wave was almost 260 pips. So far GBPUSD is pausing before the uptrend resumes again. After the price broke out from a strong area above 1.2700 it looks like the bulls are still holding strong. Chances are higher that if the bulls don't give up this is the moment we could see GBPUSD move higher over the next few days. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Longby KlejdiCuniUpdated 5520
Strifor || GBPUSD-Week StartingPreferred direction: BUY Comment: We highlighted short-term buy-priority at the end of the previous trading week, and at the beginning of this week this mood continues. Just like in the euro , there will most likely be at least a short-term strengthening, which will not be long in coming. Here we highlight two main scenarios, where scenario №2 (plan B), as well as for the euro, is not entirely desirable for buyers. Therefore, scenario №1 is a higher priority and it is better to try to use small stop losses and open new transactions if something happens. The growth target can be fixed near the level of 1.28000 and slightly higher. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 332
GBPUSDGBPUSD is showing Bearish divergence place a sell as it will break its Last HL WITH ABCD PRZ Shortby Trade_WithOsama4
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: The British Pound is also having downward adjustmentsGBPUSD: The British Pound is also having downward adjustments. In the short term, it is expected that GU will retest the support area around the 1.2700 threshold and wait for more reactions around this area. Ace may consider short selling with GU today.by Chart_MasterPro1