There is support at the previous low position, you can trade long, two TP points, 1.250 and 1.253
The British Pound has seen a partial retreat against the USD ahead of the Bank of England's interest rate announcement. It's widely anticipated that rates will remain steady at 5.25%. Consequently, attention is likely to be directed towards the voting split among the nine-member Monetary Policy Committee and the accompanying commentary, as these factors could...
The U.S. dollar has also seen a sharp correction during this period, which I believe many traders have seen. The market has also put relatively much pressure on the US dollar. At the same time, it serves as the most valuable storage currency. There was also a sharp decline under the influence of geopolitical sentiment. TVC:DXY But I don't think the dollar...
I was expecting a retrace on GBPUSD and here you are. The limit order i shared some days ago worked perfectly and we easily made 90+ pips with one position only, and also the first entry is in profit. I am break even with both positions, and i am holding the trades till the support zone i drawed on the chart. There i will looks for a reversal pattern to enter long
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...
GBPUSD is moving in an ascending channel between the trend lines. The price has fallen into the demand zone. After reaching the current levels, the chart bounced and reached the upper boundary of the channel, but formed a descending top. We expect a pullback within the channel. ------------------- Share your opinion in the comments and support the idea with...
MUFG predicts that the Bank of England (BoE) may signal its readiness to lower interest rates soon, potentially starting as soon as the upcoming meeting. Recent statements from MPC members and upcoming inflation forecasts support a shift towards a more dovish policy stance. Key points: Policy rate expectations: BoE will likely maintain the current policy rate...
GBPUSD looks like this is a false break around the resistance area so there is a high possibility that the market will decline, but currently the market is not giving us any sell signals. Now you can wait for the price to form a new trading signal before you can trade, or you can wait for the price to form a downtrend in a low time frame and then...
Time Frame: 4H Symbol: GBPUSD Entry: 1.25376 TP: 1.24319 SL: 1.26389 Bias: Short For GBPUSD pair we are wanting to short considering the reach bound cost activity and closest help and obstruction levels. Assuming important cost vacillations occur, our projection might hold water.
📌GBP/USD continues to gain momentum, currently trading around 1.2550. The pair's strength comes from financial market predictions that the BoE will reduce interest rates from its September meeting, in line with expectations of a similar move by the Fed. 📌Speculation about the BoE moving to cut interest rates has been postponed due to concerns about strong UK wage...
GBP-USD is trading in an Uptrend and the pair broke The falling resistance Which is now a support Then made a retest and Is going up again so I think That we will see a further move up!
Time Frame: 4H Symbol: GBPUSD Entry: 1.25814 TP: 1.24728 SL: 1.26811 Bias: Short The new cost design shows a few fair opportunities for the important matches. Taking into account the current hole and the help and obstruction we have projected the impending price moves.
The trend of the US dollar is as I predicted. This can be seen directly from the trend chart of the Asian market. The U.S. dollar index is currently showing an oversold rebound trend. The key thing to pay attention to is the pressure level above, which is around 105.3-105.5 to see if it can stand firm. In trading, EURUSD and GBPUSD can be sold at a higher price...
Hello traders, we want to check the GBPUSD chart. The price is moving in an ascending channel and has made a pullback after breaking through a resistance zone. We expect the price to maintain its upward trend and the price will grow to around 1.26600. Good luck.
36K long removed by last 4 weeks & 20K shorts increased. Net position 57k shorts increase by last 4 weeks. longer term view by 10 weeks 48k long removed, 27k shorts increased. Net position changed by last 10 weeks increased 75k shorts. 23% shorts increased by last 4 weeks while 29% shorts increased by last 10 weeks. Net impact is bearish by Non-Commercials....
OANDA:GBPUSD is in bearish trend forming a series of Lower Lows and Lower Highs. It is now retracing towards premium 50-75% fibonacci levels where we can look for short setups.
GU smash target 80 pips NFP played out perfectly.. This move only took 1 min.. Its a great week in general.. We continue bagging next week.
Hello everyone, GBPUSD 4H NEW FORECAST The price of the pound sterling against the dollar is trading with noticeable positivity after consolidating above the 1.2480 level, heading towards a possible test of the 1.2580 level, and we expect the bullish tendency to continue in the immediate term to exceed this level and achieve additional gains up to...