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...
Hello traders, the 1.24 level has remained unbroken so far in GBP/USD. There have been quite a few bounce-ups from this level. GBP/USD rose up by 70 pips after touching the lows at 1.2407. However, the small bullish impulse has meet with the hourly resistance at 1.2480 level and moved lower. So the immediate hurdle for the bulls is at 1.2480 level . Bulls need...
I am going long on GbpUsd as it is bouncing off a support zone and has broken the 1 he trend line. My setup will be invalid if it falls and breaks below the support zone
In my post from last week regarding FX:GBPUSD , I mentioned my anticipation of a drop below the 1.25 support zone, along with an expectation for a continuation of the downtrend by 500 pips. These expectations remain unchanged. Moreover, with recent inflation data released from the UK surpassing expectations, there's a possibility of a relief rally being...
I expect a pullback here on GBPUSD. I think the price is on the way for 1.254. This a resistance area where could maybe see a reversal pattern and the pattern could resume the bearish trend
Hello Traders! I'm currently seeking a long position opportunity on GBPUSD. The price has reached a pivotal resistance level, and I'm forecasting a bullish breakout with a target set at 1.27200. I wait for a correction movement in the dollar index before executing this trade. I consider the FVG a good entry point for a long position. In case of confirmation, I...
Comments on Friday from Fed Chairman KC: Encouraging patience with interest rates until inflation declines markedly to 2% Economic growth is creating uncertainty about monetary policy Inflation remains high The employment sector remains strong Wage increases indicate an imbalance in the labor market Want to see the Fed balance sheet shrink
GBP/USD declined toward 1.2450 in the American session and erased a large portion of its daily recovery gains. The USD continues to outperform its rivals following the better-than-forecast data and doesn't allow the pair to preserve its recovery momentum. Bears have pushed the pair back to the bottom of the monthly descending channel, at 1.2440, which is being...
GBPUSD price trend to continue buy during session It is expected that price will continue up trend And approach the price range of 1.24273 GBPUSD price now 1.24273 TP1: 1.25270 TP2: 1.26281 TP3: 1.27196 Target zone 1.28000 Always wish you to manage your capital safe Take small lots of which suits your capital The winner is the one who sticks with the...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I wait price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional mid figure 1.26500. Like, comment and subscribe to be in touch...