The GBP/USD pair experienced a retreat to 1.26300 during Friday’s London session, marking a reversal from the 1.2680 level on the 50% Fibonacci retracement. This pullback was fueled by escalating geopolitical tensions and cautious sentiment among traders, particularly ahead of the release of the United States Nonfarm Payrolls (NFP) report for March, which spurred...
GBPUSD is falling toward the pivot and could potentially bounce off a pullback support that aligns the 61.8% Fibonacci retracement and rises toward an overlap resistance Alternatively, if price breaks below the pivot, it could continue to fall to the next support level Pivot: 1.2587 Support: 1.2542 Resistance: 1.2674 Risk Warning: Trading Forex and CFDs...
Hello,Traders! GBP-USD went up from The demand levels below Around 1.2540 just as I predicted but now the Pair will hit a horizontal Resistance level of 1.2697 So a bearish pullback With the goal of retesting The target below at 1.2645 Will be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
GBPUSD BUY. not very much to put in the description but gbpusd is making overall higher highs and higher lows on weekly and on daily we got our first daily engulfing candle stick. i would enter now but this is a daily engulfing so if it pulls back i could damage my trading account so im waiting on pullback before entry.
Following our previous analysis, GBP/USD experienced a breakout of the bearish triangle pattern within a bearish trend. Yesterday, the price retraced to a resistance area and is currently consolidating during the European session as it seeks direction for its next movement. Our outlook for GBP/USD aligns with our approach for EUR/USD, anticipating a continuation...
The GBPUSD currency pair has recently completed the formation of an XABCD harmonic pattern, with a notable rejection observed at point D around 1.2580. This rejection signifies a potential reversal in the price action. Presently, the pair is consolidating within this region, suggesting a period of indecision among market participants. Our analysis indicates a...
GBPUSD is rising toward a pullback resistance and could potentially fall to a support level that closes to the 50% Fibonacci retracement. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.2589 Support: 1.2526 Resistance: 1.2652 Risk Warning: Trading Forex and CFDs carries a high level of risk to...
The GBP/USD pair, having met our projected zone at 1.2550, initiated a bullish surge in Tuesday's London session to counter yesterday's sharp decline. However, it may encounter resistance near the 1.2580 level before potentially resuming its bearish trajectory. The pair's appeal remains limited amid subdued market sentiment. Traders have adjusted their...
Hello traders! Entry: 2271.00 SL: 2274.00 TP: 2227.80 Wait for the break! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
✅GBP_USD is going down now But a strong support level is ahead at 1.2520 Thus I am expecting a rebound And a move up towards the target at 1.2588 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
GBPUSD is preparing to test the support. The price has been forming consolidation since the opening of the session. Most likely, local resistance may be tested with the aim of liquidating sellers with further decline to the potential target of 1.28. Reasons for further decline: 1) Dollar rises on news, this is negative for GBP 2) False breakdown of 1.28 forms a...
Hello traders ,what do you think about GBPUSD? This currency pair has broken its trend line and support zone. It is expected to fall to the specified level after correction and pullback to the broken zone. If this post was useful to you, do not forget to like and comment.🙏
GBPUSD is falling toward a support level and could potentially bounce off a multi-swing low support Alternatively, if the price breaks below the pivot, it could continue to fall to the 127.2% Fibonacci extension Pivot: 1.2583 Support: 1.2550 Resistance: 1.2633 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...
GBPUSD has reacted off the resistance and could fall to support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.2649 Support: 1.2615 Resistance: 1.2692 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
Hello traders! If the price breaks 2181.00, then the target is 2213.00. If the price breaks 2168.50, then the target is 2146.00. Wait for the break! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
GBP/USD, H4 25 March 2024 The GBP/USD currency pair is exhibiting sustained bullish momentum, currently hovering near the 1.2600 level as the market anticipates further developments. Revisions in market expectations regarding a potential Federal Reserve rate cut in 2024 have emerged due to ongoing inflationary pressures in the U.S., contributing to the...
✅GBP_USD will soon retest a key support level of 1.2516 So I think that the pair will make a rebound And go up to retest the supply level above at 1.2661 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-USD is moving down Closer to the horizontal support Of 1.2513 and after the retest Of the level we will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!