GBPUSD I Price in correction and headed for support buy zoneWelcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Gbpusdsetup
Strong drop possible on GBPUSDAfter a strong rejection from monthly resistance GBPUSD has changed it's local uptrend to downtrend. The price has grabbed liquidity multiple times and started to drop to order block.
as currently the price is breaking below the support, on a retest a short trade is high probable.
GBPUSD:300+ Pips A Great Buying Opportunity!Dear Traders,
GBPUSD has recently completed its corrective phase and is currently poised to establish a new yearly high. The overall bullish trend remains intact, and we anticipate further price appreciation in the coming days. However, it is important to note that several significant news events are scheduled for this week and next, which could introduce volatility into the market. Therefore, we recommend employing prudent risk management strategies when trading this pair.
Good luck and trade safe!
GBPUSD: Anticipating Bullish Momentum Towards Key ObjectivesGreetings Traders,
Current Market Analysis:
At the moment on GBPUSD, I am anticipating a bullish draw targeting key objectives. The primary focus is on the engineered trendline liquidity, followed by the Daily Fair Value Gap (FVG).
Key Observations:
Trendline Liquidity: The first objective is the engineered trendline liquidity, which is expected to contain a significant amount of buy stops. This area provides an opportunity to either scale out of positions or hold them to reach the next target.
Daily Fair Value Gap (FVG): The second objective is the Daily FVG, which serves as a key area of interest for this bullish draw.
Trading Strategy:
Current Position: I am already in a buy position taken earlier.
Potential Entry Point: There is another potential point of interest for considering long positions, as indicated on the chart above. This aligns with one of my entry models.
NOTE: Please ensure to further investigate this information before making any trading decisions.
NOTE: The possibility of price also taking out the sell stops before continuing higher. All of this needs to be consider in your trading, also the possibility of my bias being wrong. Therefore, further investigate this idea.
Refer :https://www.tradingview.com/x/FUE5vKZd/
Target Levels:
Engineered Trendline Liquidity: The primary target to observe for scaling out or holding positions.
Daily Fair Value Gap (FVG): The secondary target, serving as a significant area for the bullish draw.
Conclusion:
By understanding the current bullish institutional order flow and identifying key liquidity zones, we can effectively anticipate and execute trades on GBPUSD. The engineered trendline liquidity and Daily FVG provide strategic targets, guiding our outlook towards continued bullish momentum.
Happy Trading,
The_Architect
GBPUSD: Anticipating Continued Bearish Momentum!Greetings Traders!
Current Market Analysis:
At present, I anticipate a continued sell-side draw on GBPUSD, targeting the daily fair value gap, which serves as today's draw on liquidity. This area also contains relatively equal lows, which are known to harbor a significant amount of sell stops.
Key Observations:
Trend Continuation: The trend has predominantly been bearish coming into today's price action. Therefore, we anticipate that bearish arrays will continue to maintain the bearish institutional order flow.
H1 Bearish Order Block: One key array under observation is the H1 bearish order block. I expect this area to hold as a strong resistance zone, guiding the price towards our target area.
Trading Strategy:
Focus on Bearish Momentum: Given the current market structure, I am focusing on bearish momentum. The H1 bearish order block is anticipated to act as a significant resistance level, facilitating a move towards the daily fair value gap.
Target Levels:
Daily Fair Value Gap: The primary target is the daily fair value gap, identified as the current draw on liquidity. The presence of relatively equal lows in this area indicates a high concentration of sell stops, making it a strategic target.
Conclusion:
By understanding the prevailing bearish institutional order flow and identifying key resistance zones, we can effectively anticipate and execute trades on GBPUSD. The H1 bearish order block provides a strategic resistance level, supporting our outlook towards continued bearish momentum.
Happy Trading,
The_Architect
GBPUSD: Potential Intraday Sell Opportunity!Greetings Traders,
Current Market Analysis:
At present, I am observing a potential intraday opportunity to sell off into the H1 bullish order block, which is residing in discount prices. I am already in a sell trade on GBPUSD, taken earlier.
Key Observations:
M15 Breaker Block: We have experienced a pullback into an M15 breaker block situated in premium prices. This zone presents a potential area to seek confirmations for selling opportunities, targeting the draw on liquidity, which is the H1 bullish order block.
M15 Bearish Order Block: There is also a possibility of price pushing further into premium prices, reaching the M15 bearish order block. This is another area where we can look for potential selling opportunities.
Trading Strategy:
Selling Opportunities: Focus on seeking confirmations to sell off around the M15 breaker block and the M15 bearish order block, targeting the H1 bullish order block residing in discount prices.
Target Levels:
H1 Bullish Order Block: The primary target is the H1 bullish order block, aligned with the current draw on liquidity. The aim is to see price fill the liquidity void.
Conclusion:
By understanding the current market structure and identifying key areas for potential selling opportunities, we can effectively execute intraday trades on GBPUSD. The pullback into the M15 breaker block and the possibility of reaching the M15 bearish order block provide strategic points for selling, guiding our approach towards capitalizing on intraday opportunities.
Happy Trading,
The_Architect
GBPUSD: Anticipating Short-Term Bearish Reversal!Greetings Traders!
Current Market Analysis:
At the moment, GBPUSD has been primarily bullish coming into this week. However, recent price action indicates that we might anticipate some bearish institutional order flow to meet minor targets before potentially continuing the bullish trend.
Key Observations:
Market Structure Shift: We have seen a market structure shift, suggesting a potential reversal. This bearish sentiment was further confirmed when the price respected the Balanced Price Range, leaving the Fair Value Gap above it as a runaway gap. This indicates that the price has no immediate need to move further into premium prices.
Trading Strategy:
Entry Strategy: I am looking to see if the price retraces back into the H1 bearish order block. This will be my primary entry point. If the price does not retrace into the H1 bearish order block, I will seek other entry methods, provided the price gives me a confirmation to do so.
Target Levels: The main target is the Daily Bullish Fair Value Gap, which is my draw on liquidity.
Conclusion:
By understanding the current bearish institutional order flow and leveraging key support and resistance levels, we can effectively anticipate and execute trades on GBPUSD. The observed market structure shift and the respect for the Balanced Price Range support a bearish outlook in the short term, guiding our strategy towards taking advantage of short opportunities while keeping an eye on the potential continuation of the bullish trend.
Happy Trading,
The_Architect
GBP/USD Full Analysis , Best Buy & Sell Areas Very Clear Now !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPUSD, a high probability idea to sell from trendlinesIdea No : 20
16 out of last 19 ideas were successful and 3 still running, let's talk about 20th
this idea is on our radar for the past few days now and we were waiting for the touch of either one of the red resistive trendlines and it did the touch after NFP last week
therefore this is a high probability idea and we expect selling pressure soon and it looks prety much inevitable now
by the way, our last idea on this pair was spot on, check the related idea
let's see...
GBP FACES CHALLENGES IN THE 3RD QUARTERGBP FACES CHALLENGES IN THE 3RD QUARTER
Pressure is mounting at the GBP withinside the 1/3 area as hobby price cuts are sooner or later considered, whilst the United Kingdom trendy election reasons a bout of volatility and weak point withinside the GBP, with the Conservative Party in power. recorded the bottom consequences in decades. The Labor Party gained a landslide victory withinside the July four election. With the brand new government`s spending plans nevertheless unclear, buyers might also additionally live farfar from GBP and GBP-denominated assets, till while the monetary state of affairs is extra stable.
UK INFLATION: TARGET ACHIEVED, BUT DIFFICULTIES STILL REMAIN
The UK reached a key monetary milestone in May while inflation information hit the BoE's goal. For the primary time in almost 3 years, UK headline inflation fell to 2%, in step with the BoE's long-time period goal and staining a outstanding turning factor withinside the nation's combat in opposition to growing rate pressures .
Core inflation - which includes meals and energy - additionally fell from 3.9% to 3.5%, whilst offerings inflation fell from 5.9% to 5.7%, proper on target however nevertheless worryingly excessive for the BoE.
GBP/USD Sell to Buy idea from 1.28400 down to 1.27600While GU buys are more favourable overall, as day traders, we will focus on nearby opportunities. This week, sells look promising at the 2-hour supply zone, where I expect a bearish reaction. This is a small move intended to trigger a retracement back down towards the 18-hour demand zone.
Once the 18-hour demand zone is mitigated, I will look to take buys. If price falls through this demand zone, the more ideal zones are the 9-hour or 8-hour demand. Overall, I am bullish as price is breaking structure to the upside, but a retracement is expected.
Confluences for GU Sells to Buys:
Price is very near a good 2-hour supply zone at the top of a structural point.
Imbalances below to target, as well as liquidity that needs to be taken.
Price has been very bullish and needs some correction.
Price is currently in a bullish trend, so sells to buys are favourable.
DXY is looking quite bearish as of now.
P.S. If price continues going up and breaks the 2-hour supply and structure once again, I will focus heavily on long opportunities.
GBPUSD | Perspective for the new week | Follow-upIn this video, we examine the recent performance of the GBP/USD, which closed Friday at a fresh five-week low, marking its third consecutive week of decline. The Bank of England's (BoE) recent interest rate decision did little to bolster confidence in the British pound. Meanwhile, a late-week surge in the US Purchasing Managers Index (PMI) dampened risk appetite, giving the US Dollar a lift heading into the weekend.
On Thursday, the pound and UK bond yields fell after the BoE left interest rates unchanged at 5.25%. Some policymakers noted that their decision not to cut rates was "finely balanced". Additionally, British inflation data revealed a drop to 2% in May, hitting the BoE's target for the first time since 2021. However, concerns remain over underlying price pressures, particularly in the services sector.
With positive US economic data reducing the likelihood of an early rate cut from the Federal Reserve (Fed), market sentiment shifted towards the safe-haven Greenback on Friday.
Looking ahead, UK economic data remains sparse heading into next week, leaving Sterling traders focused on next Friday’s Gross Domestic Product (GDP) release. In the US, economic data releases are also limited to mid-tier reports early next week, with the US GDP update scheduled for next Thursday.
GBPUSD Technical Analysis:
Will the pound maintain selling pressure below $1.26750? Watch this video for key trades this week. Join the discussion for updates on GBP/USD trading. Stay tuned for more content. Happy trading!
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
GBPUSD I Potential short-term pullback and more growthWelcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBPUSD: The British Pound has had a sharp declineGBPUSD: The British Pound had a strong slide yesterday, penetrating the support area around the 1.2630 threshold, showing the prospect of a deeper decline for this pair. In today's session, under pressure from the USD, it is expected that GU will fall below a deeper threshold around the support area of 1.2520. It is recommended to sell with GU around the current price range
GBPUSD: The British Pound is on a short-term recovery trend.GBPUSD: The British Pound is on a short-time period restoration trend. In the context of USD adjusting downward. The situation in today`s consultation ought to see GBPUSD short-time period resistance across the 1.2730 region. It is anticipated that GU will preserve to growth and there may be reactions round this resistance region and decline. In the quick time period, you could purchase with GU and wait to promote above this resistance zone