📌 GBP/USD has bounced back and is trading around 1.2470 after UK CPI data beat market expectations. 📌 Inflation in the UK has now fallen to 3.2% in March, lower than the previous month's 3.4% but higher than market expectations of 3.1%. After the CPI data was released, the British Pound regained its upward momentum as rising inflation may affect the BoE's plan to...
GBPUSD is moving from dynamic support within the channel. The price has been declining for a long time without pullbacks. The chart formed a reversal candlestick inverted hammer. We expect a rebound. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Dear Traders, As DXY remain extremely bullish since a week now, price have dropped heavily, in fact more than any other dxy pairs; and there is strong reason behind for it, GBP was dropping due to only economic sides not favouring it. Now, DXY and GBP have started making few corrections in their respective trends. What we are looking at here is a strong...
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
#forex #GBPUSD $GBPSD :GBP #TRADING - SMC - Next Possible Move - ⏳
Ethereum's (ETH) price continued a sideways movement on Thursday as the market still awaits a trigger. Ethereum isn't alone in this horizontal trend; several major index funds have also traded sideways, underscoring ETH's positive correlation with the traditional financial market. Despite the recent launch of spot Bitcoin (BTC) ETFs in the US, Ethereum's...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
As you're aware, I've held a strong bearish stance on FX:GBPUSD , not only anticipating a drop below the 1.25 support level but also expecting a plunge to the 1.2 level. So far, this prediction has been on point. Last week, cable confirmed its weakness as all rallies were sold off, failing to even retest the broken 1.25 support level. Maintaining my bearish...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
Friday was very bearish for GBPUSD and the market formed a strong bearish candle on a daily. The pair managed to violate a wide and significant demand zone and close below that on a daily. The market may keep going lower next week. Next support - 1.222 ❤️Please, support my work with like, thank you!❤️
Hello traders, on account of US Dollar demand across the board due to news about the escalating Iran-Israel conflict, GBP/USD fell quite rapidly during the Asian Trading session on Friday. However, in the 4-hour chart, we can see that the price is currently at the lower trend line of the price channel. So, if the lower TL holds, traders can consider going long...
H1:the GBP/USD remains on the defensive below 1.2450 ahead of UK Retail Sales data The GBP/USD pair remains on the defensive near 1.2430 during the early Asian session on Friday. The downtick of the major pair is backed by the stronger US Dollar as the strong US economic data and hawkish remarks from the Federal Reserve officials have triggered the speculation...
GBPUSD is in range so we prepared the trade plan by playing resistance and support, prepared two trade plans
GBPUSD held above the lower boundary of the descending channel as well as support and dynamic support. The chart repeatedly failed to break the nearest support. The price formed a bullish takeover. We think that the chart is ready to bounce off the support. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for...
Look for buy opportunities on GBPUSD.it has indicated an upwards trend for the rest of this week. Follow us for more forex signals and updates thanks!
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...