Hello everyone! With BOE rate event happening in a couple of hours, we could see
some whipsaw moves in GBP/USD. Here are some key takeaways that will help you
trade GBP/USD over the next few days
📌Around74% of the retail clients are net long which means institutions would
ideally want to take the price lower.
📌A lot of liquidity is up for grabs below the 1.23...
GBP/USD follows the downward path near 1.2320, focus on BoE policy decision
GBP/USD expands losses on the second successive day, trading lower around 1.2320 during the Asian session on Thursday. US Federal Reserve’s (Fed) hawkish stance exerts downward pressure on the pair.
All signals are based on personal opinion and technical analysis. Please consider...
⚡️The GBP/USD pair continued to struggle to gain any meaningful traction and weakened near its lowest since early June touched on Monday. Spot prices are currently trading around the 1.2380-1.2375 region and appear susceptible to an extension of the recent downward trajectory witnessed over the past two months or so.
⚡️Growing expectations that the Bank of...
Hello traders! GBP/USD is in a downtrend for more than two months now.
However, that could change very soon. With FOMC coming up in a few hours,
a trend change could be on the cards for GBP/USD and other USD pairs.
📌1.2310-1.2325 is the area that I would be looking at for potential reversals.
📌If the level holds and we can see some bullish impulsive candles...
Hi Traders!
GBPUSD is under serious pressure, and there is a possibility of price breaking below the four-month low.
Price Action 📊
The market has reached the four-month low, creating a descending triangle pattern on the chart.
We are looking for further bearish momentum to break and close the trendline support line.
Fundamental Analysis 📰
The market's...
Aug 28
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...
I am targeting sell-side liquidity for GBPUSD.
There are two scenarios to reach that point.
The first scenario is (that I follow) price can go lower from here.
The second scenario is the price test of the bearish order block and then goes for the sell-side liquidity.
💡Wait for the update!
🗓18/09/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
GBPUSD
stabilizing above 1.2399 will support rising to touch 1.2440 then 1.2378 then 1.2561
stabilizing under 1.2376 will support falling to touch 1.2342 then 1.2315
Resistance prices: 1.2440 & 1.2378 & 1.2561
Support prices: 1.2342 & 1.2315 & 1.2282
timeframe: 4H
In this video, we undertake a comprehensive analysis of the GBP/USD currency pair, along with a discussion on a potential trading opportunity. Recent market dynamics have exerted substantial downward pressure on the GBP/USD, resulting in a notable decline leading up to the London open. Nevertheless, an intriguing prospect may be emerging as the price appears...
GBP/USD hangs near multi-month low, seems vulnerable below 1.2400 ahead of UK/US PMIs
The GBP/USD pair struggles to capitalize on the previous day's modest bounce from the 1.2230 area or a nearly six-month low and oscillates in a narrow trading band during the Asian session on Friday. Spot prices remain below the 1.2300 round-figure mark and seem vulnerable to...
GBP/USD gained traction and briefly rose above 1.2400 in the European session on Monday. With the cautious market mood ahead of this week's key central bank events helping the USD hold its ground, however, the pair is having a hard time gathering recovery momentum.
Hey traders, here is the analysis for the GBPUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
GBPUSD
Analyze
If a price can stable above 1.2403 the direction will be uptrend again to reach 1.2447 , 1.2480 , 1.2534
For any reason if the price backs off and stable under 1.2372 , the price will try to reach 1.2336 If can break it then will reach 1.2270 and 1.2227
Support line: 1.2336 , 1.2270 , 1.2227
resistance line: 1.2447 , 1.2480 , 1.2534
GBPUSD
stabilizing above 1.2399 will support rising to touch 1.2440 then 1.2378 then 1.2561
stabilizing under 1.2376 will support falling to touch 1.2342 then 1.2315
Resistance prices: 1.2440 & 1.2378 & 1.2561
Support prices: 1.2342 & 1.2315 & 1.2282
timeframe: 4H
FX:GBPUSD
OANDA:GBPUSD
Hello Traders, please check out my previous ideas.
If the Pound stabilizes above the weekly Bollinger midline, the bearish scenario won't be fellfield.
In the bearish scenario, the price can fall to the yellow zone.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you...
Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block for a potential short.
Fundamental analysis: This week on Wednesday will be...
Hello everyone! GBP/USD is a downward trajectory for a few weeks now.
Price has breached the 1.24 level based on the current price action,
we can see a further decline in GBP/USD. I know many of you have bought GBP/USD
or are waiting to buy. So, in this idea, I will give you some key levels from
where you can consider buying GBP/USD.
📌1.2310-1.2330 is a minor...
