The GBP/USD has experienced a strong rebound from the 1.2275 level, and experts at Scotiabank anticipate that the pair will exert upward pressure on the resistance level of 1.2445/50. No crucial details have been left out in this paraphrase. Bull trend holds The manufacturing data for Mar CIPS was adjusted down by a small margin from 48.0 to 47.9, however, this...
Following on from my long term analysis, you can see sideways consolidation at the POI. A break out on either side should set the pair in motion.
#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the...
The recent failures of Silicon Valley Bank (SVB) and Signature Bank have exposed cracks in the banking system, partially due to overly restrictive monetary policy. This situation could quickly spread, causing the Federal Reserve to intervene to protect depositors and launch emergency liquidity programs to support lending institutions. In summary, systemic risk...
GBP-USD broke out of The falling channel and Then went down to retest It but is now growing again So I think that we will see A bullish move up !
#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the...
On Friday, March 3rd, the GBPUSD rose 0.7% to $1.2032. The final reading of the February Services Purchasing Managers' Index (PMI) from the IHS Markit/CIPS rose to 53.5, higher than January's 48.7 and the initial February reading of 53.3, marking the strongest growth since June last year. The data has increased investor expectations that UK interest rates will...
From a technical perspective, the 4-hour triple bottom pattern has already emerged and has overcome the short-term pressure at 1.202. Currently, it is fluctuating within the range of 1.213-1.192. The bullish strategy remains unchanged, with continued buying at lower levels. The initial target is around 1.206, followed by 1.213. When the price approaches...
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.
Here are 4 possible scenarios for some buys and sells. I marked the the charts and labeled the POI (Point of Interest) Please make sure to use proper risk and wait for candle closures for confirmations on entering the market. You can drop on to a lower time frame for a sharper entry.
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: 1.23775 TP: 1.22643 SL: 1.24448 Bias: Short GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most broadly exchanged cash matches on...
Time Frame: 4H Symbol: GBPUSD Entry: 1.24017 TP: 1.24896 SL: 1.23469 Bias: Long The ongoing value patter of this instrument has a potential for a medium strength cost drive according to our projected bearing. We accept that the projections we have made here will be demonstrated by the quick motions of cost.
Time Frame: 4H Symbol: GBPUSD Entry: 1.23216 TP: 1.22209 SL: 1.23875 Bias: Short GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets brokers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most generally exchanged cash matches...
Time Frame: 4H Symbol: GBPUSD Entry: 1.23639 TP: 1.22747 SL: 1.24254 Bias: Short The ongoing value example of the instrument is clearing a way for investigating bearish direction. As we see the bearish force is predominant, we can anticipate a short exchange.
GBP-USD is trading in an Uptrend along the rising support Which formed a cluster With the horizontal level So after the pair retests This demand area we will See a nice move up
Time Frame: 4H Symbol: GBPUSD Entry: 1.23505 TP: 1.22859 SL: 1.24005 Bias: Short GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets dealers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most broadly exchanged money matches...
Time Frame: 4H Symbol: GBPUSD Entry: 1.23404 TP: 1.23896 SL: 1.22883 Bias: Long Current cost design is in a tight reach and the hope of the directional moves is fair. As we see the motions of cost from help to obstruction and protection from help is progressively drawn towards more tight ranges which might imply disinterest from the imminent financial...