Gbpusd Will Fly TodayGBP/USD trades modestly flat near 1.2800 in the European session on Friday. The pair lacks a clear directional bias, as traders drift on the sidelines ahead of the all-important US Nonfarm Payrolls dataShortby Senorita715
GBPUSD - Take a hike bullsDaily supply area bouncing price! enter now, add when uptrend channel breaks best of luck!Shortby Uzi-Trades-ForexUpdated 4
GBPUSD - UP AND DOWNGBPUSD - UP AND DOWN I'm expecting one more up and down. it can happen anytime also market makers manipulate too.. so please wait for the setups and enter, risk small and always use SL V.RaguShortby Ragunath-London4
GBPUSD H4 I Bullish BounceBased on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2694, which is an overlap support. Our take profit will be at 1.2754, a pullback resistance. The stop loss will be placed at 1.2607, which is a pullback support level below 161.8% Fibo extension 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. Longby FXCM5
GBPUSD analysis after positive Nonfarm data📌GBP/USD drops below 1.2720 after encouragement from Nonfarm data. GBP/USD continues its downtrend and trades deep below the key support zone of 1,275. The US dollar outperformed its rivals following impressive labor market data in May, forcing the pair into sharp declines. 📌Next week's markets are in focus on Tuesday with the Change in Claimants, and the UK Average 3-Month/Year Earnings Index. Besides important US economic reports such as CPI, FOMC, PPI and UoM Consumer Preliminary Market Sentiment. 📌GBPUSD's minor intraband trading level is formed by two border zones 1.268 and 1.277. The 1,280 resistance zone still plays a key role in the long-term uptrend of GBPUSD. There may be a slight reaction around 1,280 before GBPUSD breaks out to the important resistance area of 1,288. In the opposite direction, when the currency pair breaks the trendline and continues the downtrend, the support zone at 1,265, the critical zone of the daily frame EMA, will support the currency pair to go up. Resistance: 1.277-1.280-1.288 Support: 1.268-1.265 BUY GBPUSD 1.266-1.264 SL 1.262 SELL GBPUSD 1,288-1,290 SL 1,292 ✍️Note: Break out 1,265 reverses to downtrend, Break out retests resistance 1,280by TVS-TraderUpdated 6
CHART BREAKDOWN GBPUSD: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 1.2656 and 1.2647. Additionally, one medium-risk buy zone between 1.2705 and 1.2700, respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 1.2656 and 1.2647, serving as a low-risk buy. Medium-Risk Buy Zone🟠: Noted between 1.2705 and 1.2700, suggesting another area with moderate risk for potential buying positions. Bullish Targets📈 (low-risk): 1.2690: Possible retracement area. 1.2700: Possible retracement area. 1.2755: Possible retracement area. Ultimate Target: 1.2815- Liquidity area. Bullish Targets📈 (med-risk): 1.2700: Possible retracement area. 1.2755: Possible retracement area. Ultimate Target: 1.2815- Liquidity area. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.Longby TTradessss6
CHART BREAKDOWN GBPUSD: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 1.2656 and 1.2647. Additionally, one medium-risk buy zone between 1.2705 and 1.2700, respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 1.2656 and 1.2647, serving as a low-risk buy. Medium-Risk Buy Zone🟠: Noted between 1.2705 and 1.2700, suggesting another area with moderate risk for potential buying positions. Bullish Targets📈 (low-risk): 1.2690: Possible retracement area. 1.2700: Possible retracement area. 1.2755: Possible retracement area. Ultimate Target: 1.2815- Liquidity area. Bullish Targets📈 (med-risk): 1.2700: Possible retracement area. 1.2755: Possible retracement area. Ultimate Target: 1.2815- Liquidity area. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.Longby TTradessss6
BUY GBPUSD 05/06I've been a buyer of the GBPUSD for many weeks. I'm still buying this week. We are currently still on an interesting setup: Back in OTE zone Rebound on Breacker Block It's easy enough to aim for a new BOS. Feel free to subscribe and boost this post if you enjoyed my analysis, and tell me what you think! Happy trading and a great week :) Longby InfiniteY6
GBPUSD: Bearish Reversal AheadAfter a strong bullish trend, I have identified a compelling bearish formation on the GBPUSD chart. Key technical indicators and patterns suggest that the market is primed for a reversal to a bearish trend. This presents a potential opportunity for traders to capitalize on the upcoming market movements. Stay tuned for further updates and detailed analysis!Shortby forexNetwork10Updated 114
GBPUSD WILL FALL SELLTP-1-------15Pip TP-2-------35Pip TP-3-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial advice Shortby ArehmanB4
GBPUSD 350 PIPS SELLExpecting GU to respect this 3rd touch of the Daily trend line and move all the way down as price is already showing signs of reversal with previous Daily candle closing BearishShortby akumjoel5
GBPUSD pennant break and retestPennant = continuation pattern Break and retest = Entry Target next supply area! further confirmation = previous weekly and daily! Buying the pullbackLongby Uzi-Trades-ForexUpdated 5
GBP/USD: Key Levels and Upcoming Economic EventsHello Traders, In today's trading session, we are monitoring GBP/USD for a potential buying opportunity around the 1.26700 zone. GBP/USD is currently in an uptrend and undergoing a correction phase, approaching the key support and resistance area at 1.26700. Please note that tomorrow we face two significant events: the release of the CPI data and the FOMC meeting. If the CPI data comes in hot, indicating higher inflation, we will cancel this trade, as it could prompt the Federal Reserve to adopt a more hawkish stance, especially in light of last week's strong NFP report. Conversely, if the CPI data is soft, it may favor our trade by leading to a dovish outlook from the Fed, potentially supporting GBP/USD longs. Trade safely, JoeLongby JoeChampion5
NZD/CAD Short, GBP/CHF Short, USD/SGD Short and GBP/USD ShortNZD/CAD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. GBP/CHF Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. USD/SGD Short Minimum entry requirements: • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. Short19:59by StewySongsUpdated 5
Could price reverse from here?The Cable is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 1.2765 1st Support: 1.2689 1st Resistance: 1.2816 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets4
DXY and USD Pairs Technical Analysis and Trade Idea In this video, we provide a succinct analysis of the U.S. Dollar Index (DXY) and its potential impact on USD pairs. Following recent bullish momentum, the DXY has become overextended, reaching resistance levels. Currently, we observe a significant retracement toward support. Our main goal is to identify an optimal buy entry point within this critical support zone, assuming price action aligns with our analysis from the video. As always, the video offers valuable insights into trade entry points, trend analysis, market structure, and price action. It’s essential to recognize that this content serves an educational purpose and should not be construed as financial advice." 📈🚀📊 06:15by tradingwithanthony4
This could be higher timeframe reversal for the GBPI see a bearish continuation for the next week. IFVG / FVG for the entries. Its going to be CPI week. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔ Shortby Dave-FX-Hunter5
Gbpusd Will Fly TodayGBP/USD trades modestly flat near 1.2800 in the European session on Friday. The pair lacks a clear directional bias, as traders drift on the sidelines ahead of the all-important US Nonfarm Payrolls dataShortby Senorita713
GBPUSD OPPERTUNITIES TRADING OUTLOOKHello dear traders what do you think about this pair please comment..!? 📉 Behold the tumultuous dance of the GBP/USD currency pair as it boldly shatters the chains of its trend line and crucial support zone! 🎯 With precision akin to a seasoned archer, it now sets its sights on a predetermined destination. 🏹 As the correction journey unfolds, a tantalizing prospect emerges—a potential pullback to revisit the sacred ground it once conquered. 🔄 Amidst the charts and candlesticks, a golden opportunity gleams like a hidden treasure—a chance to wield the scepter of the seller and navigate the waves of correction with finesse. 💼💰 Let us embark on this voyage with confidence and strategy! 🚀Longby MrCharlie1Updated 3360
I see another expansion leg coming, this weekGBP is on steroids, we had 2 weeks of consolidation, yesterday we expanded and today's price made a 50% pullback and was rejected from the FVG. We are now trading above. Tomorrow London session might offer a bullish setup again. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔ Longby Dave-FX-Hunter4
DeGRAM | GBPUSD rebound from strong supportGBPUSD is moving in an ascending channel between the trend lines. The price reached the lower boundary of the channel, bounced and is back above the dynamic support. The chart also touched the support level, which has acted as a pivot point four times recently. We expect the rebound to continue with a possible retest of the dynamic support. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Longby DeGRAM114