Time Frame: 4H Symbol: GBPUSD Entry: 1.25392 TP: 1.26787 SL: 1.24361 Bias: Long The current cost design is bullish and the bull will keep on excess bullish as our basic and specialized concentrate on show. We are searching for a long opportunity.
Here on GBPUSD price still in uptrend and likely to move again after touching psychological level of 1.25000 . So is expected to wait for the price reach to another psychological level which is 1.25500 before entering another trade.
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...
Time Frame: 4H Symbol: GBPUSD Entry: 1.25329 TP: 1.26842 SL: 1.24185 Bias: Long The current cost design is bullish and the bull will keep on leftover bullish as our principal and specialized concentrate on show. We are searching for a long opportunity.
Prices fell in the first half of the last session, retesting the important 1.2470 support level but could not successfully break this resistance level, buying pressure returned and created a bullish signal here. This signal is a disadvantage for the current selling strategy, we can consider turning around and buying
Time Frame: 4H Symbol: GBPUSD Entry: 1.24632 TP: 1.23171 SL: 1.26163 Bias: Short The forex matches are in a tight reach and the motions are somewhat exchanging between help to opposition and protection from help . Our specialized investigation in light of dynamic help and obstruction show good faith for the set up we have projected here.
FX:GBPUSD The constructive tone in the Greenback maintains the risk complex under pressure on Wednesday, motivating GBP/USD to add to Tuesday's losses and gyrate around the 1.2500 zone prior to the upcoming BoE's interest rate decision.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Time Frame: 4H Symbol: GBPUSD Entry: 1.24791 TP: 1.23452 SL: 1.26077 Bias: Short The cost has begun moving from its zone and building up fundamental speed to lay out its own course. The swaying between two limits is very huge as we see the current cost is going down setting out a freedom for a potential short trade.
H4 - Bearish trend pattern followed by a pullback No opposite signs Until the two strong resistance zones hold my short term view remains bearish here.
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...
GBPUSD turned down in price, confirming the previous false breakout signal, so you can see that the short-term trend of this currency pair is decreasing so you can sell. The nearest resistance area is the supply area and also the previous peak and bottom area around 1.2530. You can wait for the price to return to this area and then look for a signal to sell...
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...
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...
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.
This week's analysis for GBPUSD presents promising opportunities based on anticipated price movements. Near current price levels, there's a nearby 4-hour demand zone that could potentially trigger a bullish reaction, although I'm cautious about its strength. However, my primary focus is on the daily supply zone. If price fails to reach the daily supply, it might...
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.
Time Frame: 4H Symbol: GBPUSD Entry: 1.25635 TP: 1.26845 SL: 1.24632 Bias: Long For GBPUSD we will go long as the powerful help is supporting the pair. At present the cost is going up in little advances. The pattern might proceed assuming there is no significant news flare-up.