GBP/USD Soars as Powell's Dovish Tone Sparks Bullish Momentum In a surprising turn of events, the GBP/USD experienced a robust bullish rally on Thursday, surging above the 1.2600 level and reaching 1.2660. This surge followed the Federal Reserve's (Fed) decision to keep interest rates unchanged, coupled with Chairman Jerome Powell's unexpectedly dovish...
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.26600 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.26600 support and resistance area. Trade safe, Joe.
GBPUSD H8 Here is the analysis on GBPUSD, following the signal we posted, closed and fell just short of by 2 pips before flying a solid 210 points. Fuelled by the FED and BOE, both yesterday and today. A rejection from this 1.27200 price down towards 1.26 could be the corrective retest we are looking for. The market bias and direction is now very much evident.
My dear friends, GBPCHF looks like it will make a good move, and here are the details: The market is trading on 1.1018 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0985 About Used Indicators: Pivot points are a...
#GBPUSD UPDATE Hello traders community. Hope you all are enjoying your trading journey. Today we are looking into the #GBPUSD. GBPUSD is goint to create a new high as it break the channel with momentum candle and still FOMC had a strong effect on market. So here are more chances that we can see a new high soon. My be market go slowly but if it breaks the...
TIMING: Asia LEVEL: Daily, Weekly SETUP: Break & Retest ENTRY: Depletion
GBPCAD big support zone coming up. Will be looking for a price reversal! Let me know what you think!
GBP/USD is currently in a bearish trend, supported by two key technical indicators - the breakdown of an uprising channel and a bearish crossover of the 50-period Simple Moving Average (SMA) below the 100-period SMA. Traders should be aware of the potential impact of tonight's FOMC and Thursday's BOE interest rate decisions, which could introduce volatility and...
Confirmed short context on GBP. Planning to consider positions through the overlap of FVG with targets at the levels of equal lows.
Update for GBPCHF. We spotted a confirmed bearish breakout of a support of a horizontal range on a daily. After a deep retest of a broken structure, we see a strong bearish reaction. The fall will most likely continue, at least to 1.094 ❤️Please, support my work with like, thank you!❤️
Hello,Traders! GBP-CHF is again retesting The horizontal support level Of 1.0979 from where I think We will see a local rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
GBP/USD Dynamics: Navigating Economic Indicators and Central Bank Uncertainties The GBP/USD pair has found modest support for the second consecutive day, buoyed by a softer USD and a positive risk sentiment in the markets. Despite the initial boost, the pair remains below the overnight swing high, with spot prices holding steady in the 1.2580-1.2585 region at...
#GBPUSD UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about GBPUSD. Traders, Anna is looking for #GBPUSD. GBPUSD was falling through a proper channel from so long and it breaks above the resistance line. Also we can see that there may be a possible bullish move...
After a veerrryy long range on the daily/weekly timeframe, we finally have some potential action for the downside. I will not be very stubborn for this idea due to the long range we had. Great Trade !
GBPCHF - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long GBPCHF Entry - 1.1031 Sl - 1.1001 Tp - 1.1074 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
I believe we've broken out of the 4HR descending retracement and showing clear bullish signals. We have general GBP strength, only thing capping this is DXY looking ok today too, however I think we'll get to the 104.3 ceiling area and am expecting a continuation back down. We have a breakout and currently retesting, so looking for a long. Initial target will be...
Hey Traders, in today's trading session we are monitoring GBPCHF for a buying opportunity around 1.10500 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.10500 support and resistance area. Trade safe, Joe.
GBPJPY bounced from support as I have shared. Now we could see a big pullback coming as GBPJPY already moved with more then 1% today. If I see price getting rejected in this zone I will be looking for short positions! Let me know what you think!