GBPUSD intraday trading

The pair has been in a bullish correction in the daily chart. The down trending trend line is still in play. The sellers may keep their eyes on the pair to go short from the resistance of that trend line.

Hi Everyone, I'm having a nice run on the GBPUSD pair at the moment. The trade below is a SELL on the H4 timeframe.
Lately I've been using the NB-Channel with 20MA & 5MA.

The pair has been bearish today. It made a good bearish move to start its day. A bearish breakout below 1.21600 may drive the price towards the South further. Meanwhile, it may get choppy in the intraday charts.

GBPUSD now in consolidation phase. on the 4 hour and daily.
the lower red line is a previous area of liquidity on the weekly and shows a FVG. Along with that this pair has been in the sell side of the model for a very long time.

On the 4 hour we have had two goes at dropping lower and failed to hold or break in any direction. with the 2 areas I have marked out I would like to see another fake run to the down side to suck the sellers in again and then look to break the last 4hour high and in to the green zone. if we get that we could then be on for a 4 hour and daily break of structure.
Not looking to be a buyer at the very low but will looking for conformation in a short term bias and holding off in till we break the consolidation phase.

The pair is having consolidation in the H4 chart. Traders are to be very patient here. The H4 chart shows that there is a down trending trend line, which has been working as a level of resistance. The buyers may wait for the price to make a bullish breakout at the trend line to go long in the pair. On the other hand, the sellers may wait for the price to produce a bearish reversal pattern to go short in the pair.

Don't often see it as low as this so I'm expecting a turnaround soon. Hold on.........Boris's cabinet is resigning on him, this could fall more now

Not looking very bullish on a daily chart but could be a good time for some longs.

GBPUSD has been very bearish today in the intraday charts. The price has been obeying a down trending trend line. The sellers may wait for the price to consolidate and bearish breakout to go short. On the other hand, the buyers must wait for the price to make an explicit breakout at the trend line to go long in the pair as far as intraday charts are concerned.

•GBP/USD is back to trading flat on the day as the bulls move in from the lows of 1.1355, taking on the 1.14 area again. The pair ended Monday around 1.1435, modestly up for the day and still bearish in the daily chart.

•The sentiment surrounding surging inflation and tighter monetary policy continues to run the show, favoring the US dollar more so as the UK economy fares poorly vs. the US economy. The greenback remains close to two-decade highs as per the US dollar index DXY which measures the currency against six counterparts. DXY was up at 110.18 the high on Monday, not far from 20-year high of 110.79 hit on September. 7.

•Risk-off sentiment is also contributing to a higher US dollar in the face of the aggressive tightening path that global banks are on as they try to contain uncomfortably high inflation. A slew of central banks will meet this week and Fed funds futures have priced in a 79% chance of a 75-basis-point rate hike this week and a 21% probability of a 100-basis-point increase at the conclusion of the Fed committee's two-day policy meeting. Meanwhile, the BoE is expected to raise rates by either 50bps and 75bps.

•The GBP/USD offers bearish stance in daily chart, it maintains the downward slope and now is stabilized below all main SMAs, indicating bearish strength. Meanwhile, the 20 SMA continued accelerating south and developing far below longer ones, suggesting bears not exhausted yet. On upside, The immediate resistance is 1.1540 with a break above it exposing to 1.1740.

•Techinical readings in the daily chart support the bearish stances. RSI indicator stabilized around 34, while the Momentum indicator stabilized below the midline, suggesting downward potentials. On downside, the immediate support is 1.1350, unable to defend this level will resume the decline to 1.1300.

The pair has been down trending in the H4 chart by obeying a trend line. Traders are to be watchful what the price does around the trend line. Keep an eye on today's massive news events that most probably create extreme volatility (intraday charts).

The H4 chart shows that the price made a breakout at an up trending trend line by producing a Double Top. It produced two consecutive bearish candles as well. As of writing, the price has been making a bullish correction. A bearish reversal candle may drive the price towards the South with good momentum.

Back on the GBPUSD set ups now and we look to be slowly making our way back up.
I will be watching these 3 key zones to see how we react and move past them. As you can see I have marked out a buy idea where I would like to see GBP fall and break the trendline taking some of the buyers out the market and then push back up to the upside and make a new high, i feel we have interest rate news coming out soon and new budget info that could drive this pair nicely higher.
what's your thoughts on GU at the moment?

Have to agree. Can only go up from here after the disastrous economic decisions in the UK lately.

It seems to have found its support at 1.14600 in the H4 chart. The price may head towards the last swing high. A bullish breakout at the last swing high may generate more bullish pressure in the pair.

Support, interesting concept, 1.14600 you said, 4H chart

The pair has been heading towards the North by obeying an up trending channel. I assume it may make a good bullish move in the H4 chart. The price may find its resistance around 1.22500 next.

The pair has been bullish in the H4 chart. An up trending trend line is in play. If the price makes a bearish correction, the buyers may wait for the price to produce a bullish reversal pattern at the flipped support to go long in the pair.

GBPUSD
This pair has been been running a classic sell to buy model from the bounce at the bottom, we have just taken out a high so we could see a short term retracement, i have marked out where i will be looking for GU to fall to and then look for further long positions to the higher levels marked out and continue to take out the highs, this would be in keeping with the Dxy falling also.
I any one got any set ups they can see forming on this pair or do you think we will make it to the higher levels?

The pair made a good bearish move in the H4 chart. However, an up trending trend line's support still holds the price. It is now traded around that trend line. A bullish reversal pattern may push the price towards the North again.

The pair made a strong bearish move in the H4 chart. It has been in bullish correction. A bearish reversal at the flipped resistance may drive the price towards the South.