The U.S. dollar made a strong comeback on Friday as the latest economic data revealed a much higher job creation rate than anticipated. The U.S. economy added 272,000 jobs last month, significantly surpassing expectations. This robust job growth suggests that the Federal Reserve might delay starting its easing cycle this year. Additionally, the average hourly...
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 British Pound (GBP) fell below the key support level of 1.2800 against the US Dollar (USD) during Thursday's trading session in London. The GBP/USD pair corrected sharply after rising to near a three-month high of 1.2860, inspired by a cooler-than-expected United States (US) Consumer Price Index (CPI) report. in May. Cable posted decent gains as the US...
On Wednesday the British Pound (GBP) hovered around 1.2750 against the US Dollar (USD). Despite the release of the UK's Gross Domestic Product (GDP) and monthly Industrial Production data, the currency pair remained largely unaffected. From a technical perspective, GBP/USD continues to trade within its ascending channel. The lower boundary of this channel...
Previously, the last post mentioned that GBPUSD is going bullish. Direction was correct as speculated as it was heading up to reach for the Weekly’s resistance. CPI pushed the price up and FOMC news pushed the price down as Feds are not cutting the rates in June. Price continues to downtrend during PPI news. At the moment, when price breaks below the Daily...
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...
GBPUSD reaches resistance near 1.29. Sell and hold. Patience is key here.
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...
4H: Corrective approach towards entry zone. = Sell limit set. 1% risk.
FX:GBPUSD Looking for a short term movement to the the demand zone for the bulls to take over again . following Yesterdays continuation to the upside.. so if i get a retracement into a discounted level i will be looking to short ..
Gbpusd now under this pattren we have best buying opportunity around 1.25600 for next target 1.26900 dont miss this opportunity we have best demand zone for buying note its not a signal after confirmation signals will be available stay tuned
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...
Hello traders, hope you doing great. for upcoming days, I think we'll probably see a downtrend in GBPUSD to specified Level IF the price stabilizes below 1.2734 . so we have to wait and see what will happen. and finally tell me what do you think? UP or DOWN? leave your comment below . if this post was helpful to you, please like and share with your friends. Thanks.
📌GBP/USD drops below 1.2720 after encouragement from Nonfarm data. GBP/USD continues its downtrend and trades deep below the key support zone of 1,275. The US dollar outperformed its rivals following impressive labor market data in May, forcing the pair into sharp declines. 📌Next week's markets are in focus on Tuesday with the Change in Claimants, and the UK...
Caught sells from this setup. For the next few days/weeks we should see price drop to 1.2 vs the dollar. We will be looking to buy at the end of this setup
GBP/USD faced a big loss after NFP data. Right now the price left a big FVG, and we believe its going to be filled the next week. DXY moved sharply and sentiment around it is bullish as well. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for...
GBPUSD: The British Pound yesterday also largely accumulated sideways as the market was waiting for important news. However, technically, it can be seen that the upward trend is still being maintained. Therefore, you can consider the option of continuing to buy up GBPUSD today. It is expected that there is a possibility of a breakout to the higher target area...