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...
Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
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...
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...
The GBP/USD currency pair has shown signs of potential reversal as it approaches a critical support level. A detailed analysis suggests that a bullish reversal may be imminent. Technical Analysis: Support Level: The pair is currently approaching a significant support level, indicating a potential area for a reversal. This support level has historically shown...
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
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...
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...
Hello Traders! The current market structure on the daily timeframe indicates a bearish trend, suggesting a potential for short positions. I anticipate the price will extend its retracement upwards to address the existing imbalance. My strategy involves waiting for the price to reach and then rejecting the bearish order block, particularly around the...
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I wait price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional mid figure 1.26500. Like, comment and subscribe to be in touch...
We expect further downside on this pair, signalled by the formation head and shoulders pattern breakout. We can also see the breakout of a short-term trendline and key level supports our directional basis
💎GBPUSD Analysis💎 [/b ] 🔸In the current context, GBP/USD is revealing a head and shoulders pattern, clearly supporting the long-term decline of the British Pound against the US Dollar. It is expected that this week, GBP/USD will continue to challenge the neckline around 1.2500 in the short term before potentially decreasing further. With today's trading...
GBPUSD Long 100 pips target with 1.2540 SL There is a triple bottom which is pointed with green dots on 4H timeframe and there are triple bottom in 1H TF at 1.2542 Price breaching 1.2542 should trigger SL Daily TF: 4H TF: 1H TF:
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...
FX:GBPUSD price fail due to DXY remain extremely bullish, though we thought price would rise up in our 1 hour timeframe and then continue dropping. However, DXY bullishness momentum was extreme and it kept on dropping. We might see some correction where price reaching around price region and then drop from that area. If you like our work then please do like and...