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Gbpusdshort

GBPUSD, Is This Just a Pullback or a Full Reversal? 4/11 11:26amI’ve been closely analyzing GBP/USD, and right now, I’m assessing whether the recent drop is just a pullback within an uptrend or the start of a full reversal into bearish territory. Pullback vs. Reversal: What I’m Looking For Pullback Characteristics: A pullback is typically a short-lived dip before the trend resumes. If GBP/USD stabilizes around 1.3030–1.3050 and then rebounds, it would confirm that buyers are still in control and the overall bullish trend is intact. Moving averages (like EMA and KAMA) should continue to slope upward in that scenario. Reversal Characteristics: A full reversal happens when price breaks major support levels (like 1.2990) and shows bearish confirmation—things like a bearish engulfing candle, lower highs/lows, and negative momentum signals. If key indicators (like RSI dropping below 30 and MACD turning negative) confirm the trend shift, then sellers are fully taking control. Current Market Signs GBP/USD fell sharply from 1.314, forming an M-shape pattern that often signals trend exhaustion. If price fails to bounce near 1.3050, the likelihood of a full reversal increases. Shorter timeframe indicators (like RSI and MACD) are showing slowing momentum, which reinforces the case for further downside. My Verdict & Trade Decision I’ve decided that this is looking more like a near-term reversal rather than just a pullback. Since price keeps failing to reclaim 1.3050, the bearish pressure remains strong. If we break below 1.2990, I expect a deeper decline into a full downtrend shift. Final Trading Action Closing my trade: Given everything I’m seeing, I’m closing my current long trade now to lock in profits and avoid further downside risk. Future trade setup: If price rejects 1.3050 and starts rebounding, I’d consider re-entering long. However, if GBP/USD closes below 1.2990, I’ll switch to a short trade, targeting further downside. Happy Friday!
Short
by Sel_Ali
GBPUSD analysis as of 4/10 3:19pm Mind you, i still have a bullish trade going from my previous long trade.. I removed my take profit yesterday and im continuing to monitor the market. but as for now these are the numbers we are looking at. The market has really overextended itself—prices are at levels that feel too high compared to the earlier consolidation. On the 1‑hour, 4‑hour, and daily charts, I’m spotting clear bearish signals (like the bearish bet-hold patterns, closing marubozu, bearish engulfing, and even hikkake formations) that suggest sellers might soon step in. Even though the higher timeframes still hold an overall bullish bias, these short-term resistance patterns are warning me that the rally may be topping out. Given this, my plan is to close out my bullish trade as soon as I get confirmation of a reversal. I’m watching for a clear candlestick signal—a bearish engulfing pattern, a pin bar, or any strong rejection on the lower timeframe (say the 15‑minute or even a confirming close on the 1‑hour) around the 1.293–1.290 area. Once I see that confirmation, I’ll lock in my profits from the bullish trade and then pivot to a sell. I’d target my short entry near that level, with a stop-loss just above recent highs (around 1.296–1.297), aiming for a retracement toward the previous support zone (around 1.278–1.281). In short: I’ll close my bullish position when the price clearly shows it’s reversing from these overextended, overbought highs, and then I’ll open a sell trade to take advantage of the expected short-term pullback. This approach lets me protect my gains and capitalize on the bearish signals emerging from the chart.
Short
by Sel_Ali
GBP/USD Breakdown Incoming? Bearish Setup Unfolding!Hi traders! Analyzing GBP/USD on the 1H timeframe, spotting a potential rejection at the descending trendline: 🔹 Entry: 1.29660 🔹 TP: 1.28652 🔹 SL: 1.30650 Price is reacting to the descending trendline after testing a key resistance zone. This level has acted as dynamic resistance in the past, and price shows signs of rejection. The RSI is in the overbought area, suggesting a possible pullback. If the bearish momentum confirms, we could see a clean move back down to the previous support levels. ⚠️ DISCLAIMER: This is not financial advice. Every trader must evaluate their own risk and strategy.
Short
by FXOnTop
GBP/USD Bullish Breakout Setup – Entry, Target & Stop Loss AnalyEMA 200 (blue line): 1.28423 – typically used to define long-term trend direction. EMA 30 (red line): 1.28253 – shorter-term trend indication. Currently, the price is above the 30 EMA and slightly above the 200 EMA, suggesting short-term bullish momentum with potential for trend reversal or continuation. 🟪 Key Zones and Levels: Entry Point Zone: Around 1.28242–1.28423 (highlighted in purple). Stop Loss: Set slightly below the purple demand zone at 1.27931. Target (EA TARGET POINT): Marked around 1.29809. 🧠 Trade Setup Summary: Risk/Reward: Good – aiming for a ~1.19% gain (~152.5 pips), with a relatively tight stop loss. Structure: The price has broken above a consolidation range (demand zone) and retested the zone (potential bullish retest). EMA crossover could soon occur if the 30 EMA crosses above the 200 EMA, confirming bullish sentiment. ✅ Bullish Confirmation Signs: Higher lows forming. Break and retest of previous resistance (now support). EMA proximity breakout is occurring. Strong bullish candles near the entry level. ⚠️ Things to Watch: If price closes strongly above 1.2860–1.2870, that could signal momentum continuation. Failing to hold 1.2824–1.2800 might invalidate the setup and trigger the stop loss. Watch for fundamental events (economic news, especially from UK/US) that could cause sudden volatility.
Long
by EA_GOLD_MAN_COPY_TRADE
3
GBPUSD TRADE SETUPPotential Trade Setup on GBPUSD The price has successfully retested a very strong support after the 3-week rally it exhibited in March. However there has been little to no pullback after the rally, and currently, it is firing a possible divergence at 1.2970 The price is developing, and I am waiting for a break below the support area at 1.2960 to take a possible short-term sell trade. A BUY opportunity is at the bottom of the 50% fib at 1.2700. You may find more details in the chart! Thank you and Trade Responsibly! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading
Short
by Adefxc
I've been tracking the GBPUSD, and here's where I stand 12:10pmCurrent Price & Overextension: The price is currently at 1.29380, which is still well above the recent consolidation range of 1.281–1.285. This tells me the market remains overextended, suggesting that the strong rally may be due for a pullback. Technical Snapshot: On the 1‑hour chart, my moving averages—such as the EMA, DEMA, and KAMA—are aligned near the price, confirming that the broader uptrend is intact. However, oscillators like the RSI, which is around 75, and the StochRSI sitting at 100, indicate that the market is extremely overbought. These overbought conditions make me anticipate a short‑term reversal. Directional & Volatility Factors: The directional indicators still point to bullish momentum (with the PLUS_DI notably higher than the MINUS_DI), but the recent surge seems impulsive when I compare the price to the established support zone. With an ATR around 0.00538, I see that the price has moved significantly for the range, suggesting that a retracement is likely. My Trade Setup: Given this setup, I’m watching for clear rejection signals—like a bearish engulfing pattern or a firm pin bar—around the upper levels of the range, roughly between 1.292 and 1.290. If I see these reversal signals, I'll plan to enter a short position with a tight stop just above recent highs (around 1.296–1.297). My profit target would be set toward the consolidation zone around 1.278–1.281, which offers me a favorable risk/reward ratio. Fundamental Backdrop: Recent fundamental news, particularly the conflicting tariff policies, has spurred significant volatility. This volatility, combined with the technical overextension, reinforces my expectation that the current upward move is unsustainable in the short term. In short, even though the overall trend remains bullish, the pair's current overbought condition and extreme price levels signal an impending short-term pullback. I'm getting ready to take advantage of that temporary reversal with careful, tight risk management.
Short
by Sel_Ali
GBPUSD My analysis for 4/10 8:55am. I’ve analyzed all the information—the price action, indicators, candlestick patterns, and the fresh fundamental news—and here’s why I believe this trade is compelling: Overextension and Price Structure: Right now, the price is at 1.29490, which is significantly higher than the recent consolidation range of 1.281–1.285. This tells me that the market has pushed far beyond its comfort zone—a classic setup for a reversal pullback. I recognize this overextension as a warning sign that the rally might be overdone, especially when I consider the intraday price structure. Candlestick Patterns and Timeframe Confluence: On the 1‑hour and 15‑minute charts, I’m seeing strong bearish candlestick formations like bearish marubozu and long-line bearish candles. These patterns show that sellers have been in control, and they typically indicate a clean, unimpeded move to the downside when a reversal begins. Even though there are some mixed signals on the weekly charts (with dojis and uncertain high waves suggesting indecision), the microstructure on the shorter timeframes tells me there's immediate selling pressure that I can exploit. Indicator Confirmation: I’m also paying close attention to my indicators. The RSI on the 1‑hour chart is around 71, pushing into overbought territory, which signals that the upward momentum has likely peaked. Directional indicators, including the PLUS_DI versus MINUS_DI, further support a bias toward a corrective move downward. The ATR of approximately 0.00538 gives me a concrete measure of volatility, which I can use to set a well-defined stop-loss. Fundamental Catalyst: The market’s recent surge has been partly driven by fresh fundamental news—contrasting tariff policies where the U.S. has relaxed tariffs while China hikes them. This divergence has spurred a burst of volatility and risk-off behavior. I see this fundamental news as amplifying the current overextension; the initial rally was impulsive, and now the fundamentals back the idea that the move isn’t sustainable. Trade Setup and Risk Management: Based on this confluence, I plan to wait for a clear reversal signal on the lower timeframes—a bearish engulfing candle or a pin bar, ideally forming around 1.292–1.290. That’s when I would enter a short position. I’d set my stop-loss just above the recent highs (around 1.296–1.297) to accommodate normal volatility, as indicated by my ATR. For my profit target, I’m aiming for the support level around 1.278–1.281, which provides me with a favorable risk/reward ratio. In summary, I believe this trade is attractive because the current price is clearly overextended relative to a recent consolidation, and the technical indicators (including bearish candlestick patterns and an overbought RSI) confirm that sellers have the upper hand in the short term. Coupled with the fundamental catalyst driving uncertainty, it makes sense for me to target a reversal pullback. Waiting for that confirmation around 1.292–1.290 with tight risk controls gives me confidence that I’m entering a high-confluence trade with strong downside potential.
Short
by Sel_Ali
Gold(XAU/USD) at All-Time Highs – Breakout or Blow-Off Top?📊 XAU/USD Daily Technical Analysis – April 2025 Gold has surged to fresh all-time highs, with price currently trading above $2,320 after an explosive rally in recent weeks. The momentum has been relentless, but price action is now approaching a potential inflection zone, where either a continuation or a sharp correction could emerge. 📈 Trend Overview: The trend on the daily chart is strongly bullish. Since the breakout above the previous all-time high near $2,075 in early March, gold has been in a near-vertical climb, forming successive higher highs with shallow pullbacks. However, with price now significantly extended from recent bases, and psychological levels being tested, bulls may face their first real challenge in weeks. 🔹 Key Resistance Zones: $2,325 – $2,345: Immediate resistance zone based on recent price clustering. A decisive break above this could fuel further upside toward… $2,400: Psychological milestone and potential magnet for bullish momentum if the rally continues. 🔸 Key Support Zones: $2,280: Minor support from the most recent consolidation zone — the first level to watch if gold pulls back. $2,240: A more solid support based on previous breakout structure. $2,180 – $2,200: Major structural demand zone — this is where buyers are most likely to step back in if a deeper correction occurs. 📐 Technical Structures to Watch: Gold is forming what appears to be a rising wedge on the daily chart — a pattern that often emerges during strong trends but can signal momentum loss or potential reversal when the wedge narrows. Additionally, recent price action shows signs of stalling candles (small-bodied candles with long wicks), suggesting hesitation or possible profit-taking at current levels. While there’s no confirmation yet of a reversal, these are early warning signs traders should monitor closely. 🧭 Possible Scenarios: ✅ Bullish Continuation: If gold breaks and holds above $2,345, the next logical upside target would be $2,400, followed by potential extensions toward $2,450 on high momentum or geopolitical catalysts. ❌ Bearish Pullback: Failure to break higher — especially with reversal candles — could trigger a retracement toward $2,280 or deeper to $2,240. A breakdown below $2,200 would indicate a more serious correction and likely shift sentiment short-term. 📌 Conclusion: Gold is in a powerful uptrend, trading at never-before-seen levels. But price is now testing a key zone where momentum could either continue explosively or stall into a correction. Watch for breakout confirmation above $2,345 — or signs of exhaustion below $2,280. Either way, a major move is coming. 💬 Is this the start of Gold 2.0? Or is a correction brewing? Let’s talk below 👇
OANDA:XAUUSDLong
by Saeed966
GBPUSD - Looking To Sell Pullbacks In The Short TermH1 - Strong bearish momentum No opposite signs Expecting bearish continuation until the two Fibonacci resistance zones hold If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 -------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VladimirRibakov
GBPUSD(20250409)Today's AnalysisMarket news: The U.S. Customs and Border Protection Agency reiterated that the specific tax rates for each country will be announced at 12:01 a.m. on April 9. Technical analysis: Today's buying and selling boundaries: 1.2764 Support and resistance levels: 1.2862 1.2825 1.2802 1.2726 1.2702 1.2666 Trading strategy: If the price breaks through 1.2802, consider buying, the first target price is 1.2825 If the price breaks through 1.2764, consider selling, the first target price is 1.2726
by BraveTigercat
GBPUSD I may have entered too early.. But im not backing out yet! Observations from the Data Trend Confirmation via Moving Averages: Several key moving averages and trend indicators (EMA at 1.30829, DEMA, HT Trendline at 1.31043, KAMA, Linear Regression) are positioned well above the current market level of 1.28234. This indicates that, on an hourly basis, the longer-term trend remains bearish. Directional Indicators: The directional movement figures are very telling. With PLUS_DI at about 4.97 and MINUS_DI at around 31.38, sellers clearly dominate the market. A low DI(+) against a high DI(–) reinforces that the overall bias is to the downside. Momentum & Oscillators: The RSI is extremely low at ~15, indicating an oversold condition. In isolation, this might hint at a potential short-term bounce. However, other momentum indicators, such as the Chande Momentum Oscillator (-70.09) and a slightly negative MACD (-0.00185), suggest that the underlying bearish momentum has been strong. Oscillators like Williams %R (at -89.21) further underscore that the market is deep into oversold territory. Volatility Metrics: An ATR of 0.0043 and relatively low standard deviation indicate modest volatility, meaning your stop-loss and target levels can be measured with reasonable precision. Context and Rationale Overall Trend: The majority of your trend-following indicators (e.g., EMA, DEMA, HT Trendline, KAMA) are positioned higher, confirming a prevailing bearish bias. Even though the RSI shows an extreme oversold reading (around 15), in a strong downtrend like this, oversold conditions can simply trigger a temporary bounce rather than a reversal. My sell entry at 1.27752 aligns with staying in the trend. Directional Pressure: With the MINUS_DI (31.38) greatly outweighing the PLUS_DI (4.97), the directional movement clearly favors sellers. My entry at 1.27752 positions me within this selling pressure, assuming the bounce to fail and the downtrend to resume. Entry Timing: Instead of waiting for a higher bounce ideal for a pullback short, my entry at 1.27752 suggests that I chose to capture a move early in the downswing or perhaps because price action broke a key support level. This could be advantageous if momentum continues as anticipated. Why This Trade Setup Works Alignment with Trend: Maintaining a sell position aligns with the overall bearish structure indicated by your moving averages and directional indicators. Captchaing a Bounce Rejection: Even if a short-term bounce occurs from oversold conditions, your entry near 1.27752 could capture the early phase of a bearish continuation provided that the rally fails to sustain. Confluence of Technical Signals: The combination of oversold conditions (which in a downtrend often predict a short-lived bounce) and the strong directional indication from MINUS_DI and related momentum oscillators creates a setup where a rejection of a minor recovery can lead to further downside moves.
Short
by Sel_Ali
GBPUSD Watch – Bearish Momentum Building Below Supply ZoneGBPUSD pair has broken sharply below the long-standing accumulation range between 1.2857 – 1.3012, signaling a shift in market sentiment. The recent bearish engulfing structure has pushed price into a corrective pullback phase, with sellers likely to re-enter on rallies. Key Technical Levels: Current Price: 1.2795 Resistance (Supply Zone): 1.2857 – 1.2863 First Support Target: 1.2688 – 1.2690 Mid-Level Target: 1.2568 – 1.2570 Final Bearish Target: 1.2383 – 1.2390 (demand zone & key support) Trade Scenario: 📉 Bearish Bias: Price is expected to retrace into the supply zone (1.2857–1.2863) and then reject. If resistance holds and structure remains intact, expect continuation toward: TP1: 1.2689 TP2: 1.2568 TP3: 1.2385 🔁 Invalidation Zone: A sustained break and close above 1.2863 would invalidate the bearish setup and could trigger a move toward 1.3012. Technical Confluence: ✅ Previous consolidation turned into a strong resistance zone ✅ Bearish breakout from range ✅ Clean lower highs and lower lows structure ✅ Volume drop on the pullback (likely a corrective move)
Short
by ultreosforex
Lets Talk about GBPUSD..Trade Setup: Short GBP/USD Entry: Sell now! Stop Loss: Place your stop just above the recent intraday swing high. A level around 1.2790 offers a buffer in case of whipsaw moves. Take Profit: With the risk defined by the difference between 1.2790 and your entry near 1.2725 (approximately 0.0065, or 65 pips), aiming for a reward roughly twice that size can be attractive. Setting a target near 1.2580 gives you a risk/reward ratio around 1:2.2. This level is in the vicinity of prior support from the day’s price action. Rationale Technical Overbought Signals: The elevated RSI, Stochastic, CCI, and Ultimate Oscillator values suggest that buyers might be exhausted and a pullback is due. With oscillators teetering in the overbought zone, the market’s momentum appears at risk of reversing. Directional Indicators: The fact that the minus DI is significantly higher than the plus DI indicates that downward pressure is gaining strength, even though the ADX (≈21.65) and ADXR (≈23.32) hint that the trend isn’t yet fully solidified. This sets the stage for a potential reversal from an overextended area. Price Action & Key Levels: Today’s price action has been squeezed into a narrow range with support clustered around 1.272–1.273 (supported by DEMA and SAR levels). A confirmed break below this zone would likely trigger further selling into established support areas. Fundamental Surprises: With the mix of U.S. and U.K. fundamentals on the horizon this week, be mindful of possible volatility. If, for example, UK data comes in stronger than expected, it might buoy the GBP despite the technical caution—at which point you might re-assess or even consider a counter-trend long if the pullback reverses.
Short
by Sel_Ali
GBP/USD Bearish Setup – FVG Retracement to Target Liquidity ZoneThis chart shows a bearish price setup for GBP/USD on the 1-hour timeframe, with smart money concepts, key EMAs, and a clear projection of price movement. 🔍 Technical Analysis Breakdown 1. Price Context Current Price: 1.28987 Trend: Price has broken market structure to the downside, suggesting a potential shift from bullish to bearish. Key Indicator Levels: EMA 30 (Red): 1.29948 – now acting as dynamic resistance. EMA 200 (Blue): 1.29760 – another strong resistance level just above. 📌 Key Zones Identified 🔵 Fair Value Gap (FVG) – Supply Zone Location: Between ~1.29760 and 1.30172 Significance: This is a potential liquidity zone where institutions might offload positions. Plan: Price is expected to retrace up into this FVG before continuing lower. 🔻 Target Zone – Demand Area Location: Around 1.27396 Labeled: “target point EA” Significance: This area is projected as the final bearish target, likely aligning with equal lows or liquidity zones. CHoCH (Change of Character) Visible at the structure break, confirming bearish intent and a shift in momentum. 🧠 Projected Price Action (In Blue Arrows) A potential retracement to the FVG zone. Rejection from this zone. Continuation to the downside through intermediate pullbacks. Final target at 1.27396. 🛠️ Trade Idea Summary Sell Setup: Entry Zone: 1.29760–1.30172 (FVG) Target: 1.27396 Stop-Loss: Above 1.30172 (safely outside the FVG) 🧾 Conclusion This setup aligns with smart money principles — a CHoCH followed by a retracement into an FVG, with downside continuation into a liquidity target zone. The EMAs support the bearish thesis, offering confluence for rejection.
Short
by EA_GOLD_MAN_COPY_TRADE