GBP/USD has been on the backfoot lately with price falling more than 150 pips after touching 1.2880 level a couple of weeks ago. We witnessed a false breakout of the resistance level and since then, GBPUSD is on a downtrend. With FOMC on Tuesday, we could have wild swings on all USD pairs including GBP/USD. So, we recommend traders to be careful as price could...
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, here is the full analysis. Price reversal going up, levels for BUY . GBPUSD long ! Great BUY 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 comments. I...
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! This is my forecast for GBPUSD H1. I expect the price to close the FVG and to retrace from the resistance level. In case of confirmation, I will execute a long trade. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to...
I anticipate price heading towards the demand area first. So, early in the week, there might be a potential buying opportunity around the 1.27000 region, where the 9-hour demand is located. However, I'll exercise caution due to the presence of an Asian low, ensuring I don't enter too early. Ideally, I'd prefer to see the Asian low swept and the 3-hour demand...
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...
If one would have checked the recent flightlogs of the GBP performance he might have been astounded what he would discover: GBP emerges from the first trading week of the year as the strongest currency and the signs look great for a further rally of the pound: 🟢GBP Positive:🟢 - 🟢 The PMIs in the UK have recently surprised on the upside and so there is light...
GBP/USD came under modest bearish pressure and declined below 1.2750 in the American session. The US Dollar benefits from the risk-averse market atmosphere, as reflected by the bearish action seen in Wall Street, and weighs on the pair heading into the weekend. GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells...
GBPUSD is in a short-term downtrend and we are looking for strong support to catch a strong reaction of this pair. The support point we can count on is around 1.26900. Support point of old Dow breakout area and trend line. If you use Fibonacci to measure the extension point of a downtrend, the reaction point at Fibo 1.0 then the 1.26800 area can really be trusted...
GBP/USD came under modest bearish pressure and declined below 1.2750 in the American session. The US Dollar benefits from the risk-averse market atmosphere, as reflected by the bearish action seen in Wall Street, and weighs on the pair heading into the weekend. GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells...
GBP/USD remains low near 1.2800, awaiting US data GBP/USD continued to struggle near the 1.2800 mark early Thursday in Europe. The US Dollar's modest recovery and cautious market sentiment keep the pair on the defensive as they wait for top US economic data to be released later in the day. GBP/USD came under heavy bearish pressure and fell below 1.2750 in the...
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...
GBP/USD extends its sideways grind near 1.2750 in the American session on Friday. The US Dollar stays in a consolidation phase following Thursday's rebound and allows the pair to remain in range following mixed data releases. 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...
Dear Friends, Unfortunately our last two ideas on GBPUSD and price did not drop as mention in our charts. Right now, what we think is price will likely to remain bullish at least up to 1.3100 area. Entry can be around 1.2781 with possible 100-150 pips stop loss and take profit to be at 1.3100 which would be 300 pips. Good Luck and Trade Safe!
The US greenback bolstered on Friday, poised to interrupt a three-week dropping streak, fueled via way of means of issues approximately US inflation facts exceeding expectancies. The facts motivated marketplace expectancies of the Federal Reserve`s hobby charge choices for the relaxation of the year. On Thursday, the United States manufacturer rate index for very...
The Pound Sterling tumbled against the US Dollar on Thursday after the US Department of Labor announced a rebound on inflation on the producer side that could dent the Federal Reserve’s easing policy. Therefore, the GBP/USD edges lower, trading at 1.2748, down 0.38%. The daily chart portrays the pair has broken the previous weekly low of 1.2744, but a daily close...
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...