GBPUSD long trade intradayHello guys this is my analysis for gj for the coming week. I believe price will head up to higher highs from here as it's still in an uptrend. If it bounces off this level I will be longing this pair Trade safeLongby Chathifriends118
GBPUSD Weekly analysisThis is the Expected move on GBPUSD this week and then we will find our buying opportunities once we are respectedLongby GoldenB55226
Retail Andy Falling wedgeThis is a wedge it will break out at somepoint who knows xD For now i'm bearish Shortby VerumTech115
A BUY OPPORTUNITY IS ENVISAGED IN GBPUSDPrice currently trades around 1.27347 level. A buy opportunity is envisaged around $1.27347 area If price is offered. Target is $1.28 level Longby Cartela115
Pound DollarStrong confirmation of a short on the pound dollar. With valid structure and obvious test of value areas, strength's a bears run to the downside. Shortby ThePinnacleTrader116
GBP/USD Short-Term Trend: Potential Upside AheadGBP/USD is hovering around 1.279, above both EMAs. However, the short-term trend remains uncertain due to the influence of: USD: Strong ADP data supports USD, but slow US economic growth could weaken it. Fed Rates: Potential two rate cuts could diminish USD appeal. Economic Data: US unemployment claims and trade balance reports on Thursday will guide sentiment. Prediction: Short-term trend may continue up if US data is weak and Fed cuts rates. Longby Rena_Potter115
GBP-USD Swing Long! Buy! Hello,Traders! GBP-USD is going down In a bearish correction But will soon hit a Strong horizontal support Of 1.2683 from where A bullish rebound Is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals224
GBP/USD: Will This Pair Continue to Decline or Rebound?Hello everyone, today let's join Rena to review some information and predict the trend for the GBP/USD currency pair! If GBP/USD maintains above the support level of 1.2550, we might see a recovery towards the resistance level of 1.2650. Today's trend may continue to decline due to the difference in monetary policies between the Bank of England (BoE) and the Federal Reserve (Fed), along with strong economic data from the US. What do you think about this prediction? Will GBP/USD continue to decline or will there be a recovery? Share your thoughts and let's discuss!Shortby Rena_Potter225
Journey with cable for far Setting the Long spike for NFP, before bear market. Mine own ideas on gbpusd ♥️Longby Adorablefx113
GBP/USD Under Pressure, Potential for Bullish ReversalThe GBP/USD pair continues to face downward pressure, gradually moving toward the 1.2700 level during the European sessions on Monday and Tuesday. This level has historically acted as a strong support area, with the price rebounding several times previously. Market Dynamics Sustained Downward Pressure: The GBP/USD remains under selling pressure due to prevailing market concerns and a cautious risk environment. Support Area: The pair is nearing a crucial support zone around 1.2700, a level that has consistently attracted buyers in the past. Technical Indicators RSI Divergence: The Relative Strength Index (RSI) shows a divergence, suggesting that the bearish momentum might be weakening, paving the way for a potential bullish reversal. Resilient Support: The price has tested this support area multiple times without breaking significantly lower, indicating a possible rebound. Considering the technical signals and the anticipation of the upcoming US Consumer Price Index (CPI) report, there is a potential for a bullish move in the near term. Key considerations include: RSI Divergence: The divergence on the RSI suggests a waning downtrend, supporting the likelihood of a bullish impulse. US CPI Report: The upcoming CPI report could act as a catalyst for market movements. Positive data for the USD could impact the GBP/USD pair, potentially driving it higher if market sentiment shifts. In conclusion the GBP/USD pair is currently moving lower towards the 1.2700 support level, but technical indicators like RSI divergence point to a potential bullish reversal. As the market awaits the US CPI report, traders should look for signs of a rebound from the support area. If positive momentum develops, it could trigger a significant upward movement. Monitoring the support level at 1.2700 will be essential for anticipating the next move in the GBP/USD pair.Longby FOREXN1Updated 333
GBPUSD Buy IdeaOANDA:GBPUSD has moved more than 100+ pips down on NFP. Currently, It has been forming Higher Highs and Higher Lows of 15min TF indicating the potential correction of unsustainable new momentum. We can look for long opportunitiesLongby haider_aabbas113
GBPUSDGBPUSD is in bullish momentum, but there is divergence on RSI, possibly there is a pullback/retracement, trade plan mentioned on chart. Shortby AsifAwan11112
GBPUSD Forecast for bullish position on Demand Zones 1HFollowing the macro timeframes, GBPUSD has respected the market structure pretty well now expecting to do the same waiting the confirmations on micro timeframes like 15M and 5MLongby NicoSelmanUpdated 113
GBPUSD - BearishThe GBP/USD pair is showing bearish momentum after hitting a strong resistance zone. It is expected to continue this downward trend. The recent lower high (LH) touched the 0.618 Fibonacci level and formed a bearish candle, indicating the establishment of this LH. This suggests a continued bearish movement, potentially leading to a new lower low (LL).Shortby Choughle111
Temporary Sells on GBPUSDCaught sells from this setup. For the next few days/weeks we should see price drop to 1.2 vs the dollar. We will be looking to buy at the end of this setup Shortby WealthCreationFX221
GBPUSD WEEKLY BREAKDOWN GBPUSD rejected a key level on the weekly which caused a major retracement on the daily and 4hr timeframes.Short06:13by Technicalrayner222
Give a Little...Take a Littlemanage to grab a scalp during London session but the bigger move came in NY session. Price is still indecisive and not showing what direction it wants to go just yet. Just have to sit on hands for now. Waiting for london session to see if things change. Short01:59by DWoodz221
Trading Signal for GBPUSDDirection: Buy Enter Price: 1.27711 Take Profit: 1.28065667 Stop Loss: 1.27531667 Justification: This trading signal is generated based on the analysis using the EASY Quantum Ai strategy. The following factors have been considered to determine the Buy direction for the GBPUSD currency pair: 1. Market Sentiment: The current market sentiment analysis indicates a strong buying trend for GBPUSD. This is supported by positive economic data from the UK, including GDP growth and employment rates. 2. Technical Indicators: Technical indicators such as moving averages, RSI, and MACD align with a potential upward movement. The moving average crossover and RSI readings indicate bullish momentum. 3. Support and Resistance Levels: There is a strong support level around 1.27531667, which also serves as our Stop Loss. The resistance level at 1.28065667, identified as a significant price barrier, serves as our Take Profit target. 4. Economic Events: Upcoming economic events, such as central bank announcements and geopolitical developments, are favoring the GBP. Positive news and market reactions further support a bullish trend in the near term. This forecast is made using the EASY Quantum Ai strategy, ensuring a data-driven and systematic approach to trading decisions.Longby ForexRobotEasy441
BUY IDEA GBP/USDFrom the specified support area, we can expect a reaction in the direction of buyingLongby Ali-Rezaei-FX221
GBPUSD is flat as the market is waiting for important newsGBPUSD: The British Pound yesterday also largely accumulated sideways as the market was waiting for important news. However, technically, it can be seen that the upward trend is still being maintained. Therefore, you can consider the option of continuing to buy up GBPUSD today. It is expected that there is a possibility of a breakout to the higher target area around 1.2900 if NONFARM today is unfavorable for USD.Longby Chart_MasterPro112
GBPUSD Support Rejection Identified At 1.2795 06.06.2024- Support rejection identified at 1.2795 on GBPUSD's 30 minutes chart. - If rejection holds, potential upward movement to 1.2807. - Break above 1.2807 may lead to further gains towards 1.2821. - Conversely, if rejection fails, potential downward movement to 1.2786. - Break below 1.2786 could trigger further decline towards 1.2779. Apply risk management Source: BDSwiss Academy Page on Tradingview Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)Longby BDSwiss_Academy110
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_HobyUpdated 115
GBPUSD SHORTWe might see GU drop this week and respect the symmetrical triangle and also if the DXY continuous going up then we will see a negative correlation giving us more confluence to go short.Shortby Fxi_Fe111