⭐️ Smart investment, Strong finance ⭐️ GBP/ USD INFORMATION: The GBP/USD pair remains above the 1.2800 level in early Asian trading on Friday, supported by selling pressure on the US Dollar. Focus will be on the US labor market data for February. GBP/USD is currently trading around 1.2810, up 0.01% on the day. Federal Reserve Chair Jerome Powell presented the...
⭐️ Smart investment, Strong finance ⭐️ GBP/USD INFORMATION: The GBP/USD is currently displaying a sideways movement while preparing for a barrage of data releases from both the United Kingdom and the United States. In the Asian session on Wednesday, it is hovering above 1.2550. The GBP/USD pair experienced significant volatility in the previous session due to...
Hi trader, Maria would like to share opinion: GBP/USD/b] The British currency, Pound Sterling (GBP), experienced a decline from its recent peak of two weeks as the economic prospects of the United Kingdom weakened. This decline was triggered by a contraction in factory output for the second month in a row. As a result, the GBP/USD pair relinquished most of its...
✍️ NOVA hello everyone, Let's comment on GBP/USD next Monday 🔥 World situation: The GBP/USD plunged below the 1.2200 mark as the Friday trading session drew to a close, highlighting the ongoing challenge of a strong bearish trend for the currency pair. The Bank of England (BoE) remains deeply concerned about inflation, leaving the UK with little option but to...
⭐️ Smart investment, Strong finance ⭐️ GBP/USD INFORMATION: During the Asian session on Thursday, the GBP/USD pair continues to decline for the seventh consecutive day. This downward movement is driven by several factors including a stronger US Dollar (USD), higher Treasury Yield, and positive US economic data. Currently trading around 1.2133, the pair has...
Technical Analysis: GBPUSD. Bearish bat lurking on GBPUSD. Price is likey to drop from here this for the rest of the year.
As you can see from our chart we have 2 possible zones for GBPUSD to either reverse or pullback from... same rules apply to all and along with pairs, we have a bullish move so dont expect it to reverse without showing us a clear reason for it to do so... by hitting our higher zone we will testing a daily/weekly POI so we will 100% see a reaction of some kind! BUT...
After Price action respecting the previous resistance and support zones, We see the formation of a Triple-Top Bearish Reversal chart pattern which indicates that the price shall continue to respect the general Weekly Downtrend and Reverse. I've set my Sell stop at the bottom of the Wedge formed by the Tripple top, with the expectation of a price drop. Do your own...
We have entered short both NZD/USD and GBP/USD. There is strong momentum down on the daily. Previous bar candlestick has no tails meaning no buyers are willing to enter the market. Looking for a strong push to the downside.
Price has been pushing down and very close to break under the 1.25218 level. Waiting for the Euro open and we want to see a strong close near the Euro start session. We see a double top with lower swing highs. Wait for close to confirm entry short.
If helps you, please like and share. #GBPUSD #trend_hunter
Looking for the pair to continue short. Selling the retest. Bearish divergence on 1h 4h
I will look for a buy on DXY at the 92.20 level if we trade there which I'm thinking would be around the Non Farm Payroll news event. If we get a trade there i will be looking to trade up into the 92.80 level for a HOTW.
SOLD GBPUSD ENTRY: 1.3915 SL 1.3960 TP 1.3570
Last week GBP was rising because of weakness of USD. We hit 1.40 resistance level and fell below. Last time when this happened GU fell to 1.3685. I will sell this with target on channels bottom on 1.38. We're waiting for high volatility next week referring to GDP and a lot of bad news for GBP. Feel free to short this one, but set your stop losses above 1.4020. GL & HF
short gbpusd. setup is invalid if price retraces 100% of the begining of wave 1 of c