Time Frame: 4H Symbol: GBPUSD Entry: 1.24505 TP: 1.23109 SL: 1.25597 Bias: Short For GBPUSD we will short since we see no not so distant future for up move. The inclination is short for this instrument. We urge to take any trade cautiously during non unstable market.
H1:the GBP/USD remains on the defensive below 1.2450 ahead of UK Retail Sales data The GBP/USD pair remains on the defensive near 1.2430 during the early Asian session on Friday. The downtick of the major pair is backed by the stronger US Dollar as the strong US economic data and hawkish remarks from the Federal Reserve officials have triggered the speculation...
GBPUSD is in range so we prepared the trade plan by playing resistance and support, prepared two trade plans
Time Frame: 4H Symbol: GBPUSD Entry: 1.24627 TP: 1.26239 SL: 1.23452 Bias: Long The value example of this instrument is reminiscent of a reach bound and low instability set up. We are not extremely hopeful about any solid directional opportunity. We have extended in the graph as per rash move structure.
GBPUSD held above the lower boundary of the descending channel as well as support and dynamic support. The chart repeatedly failed to break the nearest support. The price formed a bullish takeover. We think that the chart is ready to bounce off the support. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for...
Look for buy opportunities on GBPUSD.it has indicated an upwards trend for the rest of this week. Follow us for more forex signals and updates thanks!
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...
Hello traders, the 1.24 level has remained unbroken so far in GBP/USD. There have been quite a few bounce-ups from this level. GBP/USD rose up by 70 pips after touching the lows at 1.2407. However, the small bullish impulse has meet with the hourly resistance at 1.2480 level and moved lower. So the immediate hurdle for the bulls is at 1.2480 level . Bulls need...
I am going long on GbpUsd as it is bouncing off a support zone and has broken the 1 he trend line. My setup will be invalid if it falls and breaks below the support zone
Time Frame: 4H Symbol: GBPUSD Entry: 1.24723 TP: 1.26064 SL: 1.23591 Bias: Long We are arranging a long trade for this pair. The cost level is contacting a brief time frame support level which will before long return to up course and set out a bullish opportunity.
In my post from last week regarding FX:GBPUSD , I mentioned my anticipation of a drop below the 1.25 support zone, along with an expectation for a continuation of the downtrend by 500 pips. These expectations remain unchanged. Moreover, with recent inflation data released from the UK surpassing expectations, there's a possibility of a relief rally being...
I expect a pullback here on GBPUSD. I think the price is on the way for 1.254. This a resistance area where could maybe see a reversal pattern and the pattern could resume the bearish trend
A look at the mirror chart of this trading pair shows a heavy bear run for the next 200 days
Hello Traders! I'm currently seeking a long position opportunity on GBPUSD. The price has reached a pivotal resistance level, and I'm forecasting a bullish breakout with a target set at 1.27200. I wait for a correction movement in the dollar index before executing this trade. I consider the FVG a good entry point for a long position. In case of confirmation, I...
Time Frame: 4H Symbol: GBPUSD Entry: 1.24390 TP: 1.22890 SL: 1.25522 Bias: Short For GBPUSD pair we are wanting to short considering the reach bound cost activity and closest help and obstruction levels. Assuming that vital cost vacillations occur, our projection might hold water.
Comments on Friday from Fed Chairman KC: Encouraging patience with interest rates until inflation declines markedly to 2% Economic growth is creating uncertainty about monetary policy Inflation remains high The employment sector remains strong Wage increases indicate an imbalance in the labor market Want to see the Fed balance sheet shrink
GBP/USD declined toward 1.2450 in the American session and erased a large portion of its daily recovery gains. The USD continues to outperform its rivals following the better-than-forecast data and doesn't allow the pair to preserve its recovery momentum. Bears have pushed the pair back to the bottom of the monthly descending channel, at 1.2440, which is being...
GBPUSD price trend to continue buy during session It is expected that price will continue up trend And approach the price range of 1.24273 GBPUSD price now 1.24273 TP1: 1.25270 TP2: 1.26281 TP3: 1.27196 Target zone 1.28000 Always wish you to manage your capital safe Take small lots of which suits your capital The winner is the one who sticks with the...