The GBP/USD continues to decline, hitting a one-month low below $1.2700. Factors contributing to the British Pound's weakness include declining inflation expectations, potential policy shifts by the Reform Party, and broader economic uncertainties. Amidst indications of a possible rate cut by the Bank of England this summer, both inflation and the labor market...
GBP/USD closed in negative territory on Thursday, snapping a three-day winning streak. The pair appears to find support on Friday around the 1.2660 area, a key level that could mark the beginning of a bullish rebound. Several technical indicators suggest a potential upside move from this support zone. The 1.2660 support area has emerged as a critical level where...
Buy @ 1.27162 - SL @ 1.27101 - TR @ 1.27340 & 1.27400 considering the higher time frame i noticed price has to mitigate 1.27700 level for that on lower time frame price is making higher high and higher low with Bos and trade based on pullback trades are being executed on fvg got this data from my backtest recently price tapped into 1hr fvg on 15min im...
The Pound Sterling (GBP) continued its decline against the US Dollar (USD) for the third consecutive trading day on Monday. The GBP/USD pair is currently hovering near its monthly low, around 1.2660, as the Federal Reserve’s (Fed) hawkish stance on interest rates maintains the US Dollar's strength. Fundamental Analysis Federal Reserve's Interest Rate Outlook...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: As we can see here price broke the structure and now I will look for short position. If price continues the retracement and fills the imbalance higher, then rejects from bearish order block, I will open a short. Fundamental analysis: This week on Wednesday (GMT+3) we will see results of CPI...
#GBPUSD Update..! The pair already rejected with 4H support area successfully and retest still not confirmed. I didn't expect the pair would go up to retest high level before testing below the support area. Because Accending channel support is no longer valid. GBPUSD Sell opportunity 1.2760 - 1.2766 GBPUSD Buy opportunity 1.2599 - 1.2695 *My trading plan. use...
I am planning a log on the cable from last week. Today could be the day to long it, but we have some conditions. The plan today is to wait a break above the trendline I drawed. I expect a break before the beginning of the US Session. There, I will wait an upside moves in the first hour of the NY Session. If this will happen, I'll long it targeting 1.27750
GBPUSD: The British Pound ultimate weekend additionally fell underneath the 1.2700 threshold and broke the growing channel structure. Therefore, the anticipated state of affairs is that EURUSD will go back to accumulation fame with a fluctuation variety from 1.2640-1.2750. You can don't forget prioritizing a few alternatives ready to be offered with GU today.
Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
1H Corrective approach towards entry zone. Market moving in descending channel towards entry zone. Bears getting tired. -68 Fibonacci completion aligning with entry zone. = Buy limit. 1% risk.
GBP/USD gained significant bullish momentum on Wednesday, reaching its highest level since early March, climbing above 1.2850. The pair managed to sustain most of its gains throughout the day, closing in positive territory for the third consecutive session. However, in the late American session, some of these gains were pared back. Early Thursday, GBP/USD is...
Cable is performing a pretty strange setup. It looks strongly bullish on higher timeframe, but looks ready to liquidate in both side on lower timeframe. I can see a good golden zone in the 1.271-1.273 range. This is a strong support zone and we have seen lot of liquidity in the previous days. I think price could drop in this zone to induce retails to short, and...
The price is forming a symmetrical triangle on the higher time frame with strong bullish momentum. This could be boosted by the Consumer Price Index (CPI) USD news once the US market opens. As we can see, the final wave is almost complete and reaching the top descending line. If this line breaks due to the news, we may see a strong continuation to the next valid...
Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
GBPUSD: The British Pound has also tended to increase right from the support zone around 1.2700, so in the short term it is expected that GBPUSD will still maintain above this price range. The uptrend is still guaranteed. Ace can consider buying briefly with GU today, the short-term goal is to retest the resistance area around 1.2770.
Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
The gbpusd price is ready to move back up and retest the privious highs as indicated on the chart. Invest wisely.
FX:GBPUSD Price almost fell to our area of entry and will soon be rebounding, the main reason price dropped is strong USD data leading price to drop heavily. We expecting price to rebound strongly towards our take profit. First target can be set at 200+ pips from current price region and long target is 600+ pips. **If you like our work then please like and...