GBP-USD is trading in an Uptrend and the pair broke The falling resistance Which is now a support Then made a retest and Is going up again so I think That we will see a further move up!
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.
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
📌GBP/USD continues to gain momentum, currently trading around 1.2550. The pair's strength comes from financial market predictions that the BoE will reduce interest rates from its September meeting, in line with expectations of a similar move by the Fed. 📌Speculation about the BoE moving to cut interest rates has been postponed due to concerns about strong UK wage...
The trend of the US dollar is as I predicted. This can be seen directly from the trend chart of the Asian market. The U.S. dollar index is currently showing an oversold rebound trend. The key thing to pay attention to is the pressure level above, which is around 105.3-105.5 to see if it can stand firm. In trading, EURUSD and GBPUSD can be sold at a higher price...
Hello traders, we want to check the GBPUSD chart. The price is moving in an ascending channel and has made a pullback after breaking through a resistance zone. We expect the price to maintain its upward trend and the price will grow to around 1.26600. Good luck.
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...
36K long removed by last 4 weeks & 20K shorts increased. Net position 57k shorts increase by last 4 weeks. longer term view by 10 weeks 48k long removed, 27k shorts increased. Net position changed by last 10 weeks increased 75k shorts. 23% shorts increased by last 4 weeks while 29% shorts increased by last 10 weeks. Net impact is bearish by Non-Commercials....
OANDA:GBPUSD is in bearish trend forming a series of Lower Lows and Lower Highs. It is now retracing towards premium 50-75% fibonacci levels where we can look for short setups.
GU smash target 80 pips NFP played out perfectly.. This move only took 1 min.. Its a great week in general.. We continue bagging next week.
Hello everyone, GBPUSD 4H NEW FORECAST The price of the pound sterling against the dollar is trading with noticeable positivity after consolidating above the 1.2480 level, heading towards a possible test of the 1.2580 level, and we expect the bullish tendency to continue in the immediate term to exceed this level and achieve additional gains up to...
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.
The dollar index and dollar index futures were both steady in Asian trading after falling 0.6% in overnight trading. Pressure on the USD comes from a strong yen, while Fed Chairman Jerome Powell reiterated that the bank will not raise interest rates further. However, the outlook for the dollar remains upbeat thanks to the prospect of a Fed rate cut being pushed...
GBP/USD tumbles below crucial 1.2500 as bears move in GBP/USD turned south and dropped below 1.2500 in the American session on Thursday. The US Dollar continues to push higher following the Fed-inspired decline on Wednesday and doesn't allow the pair to regain its traction. From a technical standpoint, the GBP/USD is showing a neutral to downward bias. This is a...
Currently out of my sell signal. PA gave a signal on 4H and I am taking it for a spin. A break of resistance will require a pullback. Target at 1.26300 with my entry at1.25550 Let the bagging begin.
Coming up: BOE's rate decision week Morgan Stanley has asserted that the Bank of England might still opt for an interest rate cut in the coming week, a stance that stands out amidst dwindling market confidence in such a move. Morgan Stanley’s opinion diverges notably from the consensus, which suggests an initial rate cut by the BOE in September. Backing Morgan...
Time Frame: 4H Symbol: GBPUSD Entry: 1.25213 TP: 1.23979 SL: 1.26376 Bias: Short It is difficult to provide real-time or future forecasts for financial markets. It is critical to take note of that monetary business sectors are profoundly powerful and dependent upon a large number of elements that can influence their developments. Therefore, it is...
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...