GBPUSD - Short - TP 1.2520GBPUSD is expected to hit the levels of 1.2670 , and fall to the levels of 1.2520.
The pair might even hit 1.2725 before falling to the lower levels.
About British Pound / U.S. Dollar
GBPUSD, often referred to as “The Cable”, a foreign exchange term used to describe the British pound vs the US dollar, is one of the oldest traded currency pairs. In July of 1866, after an earlier failed attempt, the first reliable exchange rate between the British pound and the US dollar was transmitted between the London and New York Exchanges. Optic fibre cables accompanied by satellites handle the Transatlantic communications today.
USDJPY Bullish above the 1D MA100, bearish below it.The USDJPY pair has been trading within a Channel Up since the March 08 High, giving us numerous opportunities to buy low and sell high (see chart below):
Supported by the 1D MA100 (green trend-line) since April 17, the price is now within that and the 1D MA50 (blue trend-line) which has previo
GBPUSD - Potential retracement ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figur
GBPUSDDear Traders,
We are expecting a heavy sell off on GBPUSD as it is approaching a premium selling zone, price have previously have took out many key levels due to extreme bullishness. Once price touch the first amber line it will be activated. Enter accordingly if price do changes by the time it rea
🔴 GBPUSD - SHORT From Here ? (READ THE CAPTION)By checking the GBPUSD chart, we can see that the price has entered a supply range, and as the first scenario, I expect a drop from this range, even if it is short! If the price stabilizes and continues to fall, its Bearish targets will be 1.25280, 1.24500 and 1.24200 respectively! The next supply z
GBPUSD: Breakout & Bullish Continuation!↪️GBPUSD surpassed and closed above a significant daily horizontal resistance.
Considering the ongoing market rally, such a breach has the potential to initiate another upward movement.
I predict a continuation of the bullish trend, targeting a level of 1.2760...Trade safely👍✅
GBP/USD: Anticipating Decline around 1.26OANDA:GBPUSD
Fundamental Analysis:
Analyzing the OANDA:GBPUSD pair fundamentally, the British economy shows stagnation with a GDP growth rate of 0.00%, but has a lower inflation rate (4.6%) compared to the U.S. (3.2%). The slightly higher U.K. interest rate (5.25% vs. 5.5%) might not be eno
GBPUSD SELL NOWOANDA:GBPUSD FX:GBPUSD FOREXCOM:GBPUSD FX:GBPUSD
GBPUSD ALREADY END THE SMALL UPTREND, NOW ITS WAN TURN DOWN AGAIN, so take your take with risk control
See all ideas
GBPUSDGBP/USD: British Pound Sterling Crosses 100-Day MA to Hit 10-Week High Near $1.26
The Bank of England buoyed the currency higher after Governor Bailey dampened hopes of rate cuts in the near future.
GBPUSDGBP/USD: Sterling Ricochets Off 100-Day MA to Float at $1.24 in 3rd Straight Down Day
The sterling shot up to $1.2505 earlier in the week only to get a rejection from mid-term resistance as technical tools came into play.
GBPUSDGBP/USD: Sterling Finds Support at $1.22 Post GDP Data, Snaps 4-day Losing Streak
The UK economy flatlined in the third quarter, latest GDP data showed, suggesting a possible downturn after Q2 data came in positive.
GBPUSDGBP/USD: Sterling Reverses Upside Swing to Drop Under $1.23 Ahead of GDP Data
The British currency enjoyed strong buying momentum last week when and Monday when it shot up to near $1.25.
GBPUSDGBP/USD: Pound Seeks to Regain $1.22 as UK Shop Price Inflation Hits 1-Year Low at 5.2%
For a fifth straight month, the inflation gauge has been retracting, reaching its lowest point since August 2022.
GBPUSDGBP/USD: Sterling Drops 1.2% to Revisit $1.2150 as Dollar Reverses Early-Week Losses
The dollar turned sharply higher on Tuesday despite markets staying confident the Federal Reserve won’t bump rates further this year.
GBPUSDGBP/USD: Sterling Rises Above $1.22 on Flatlining UK Inflation at 6.7% in September
Elevated oil prices contributed to the upside, but falling food prices weighed to the downside. Final outcome: flat rate.
GBPUSDGBP/USD: Pound Sterling Seeks Direction Ahead of Fed Minutes, Trades Near $1.2220
The FOMC minutes are expected to reveal key insights into the Fed’s projected timeline of interest rates.
GBPUSDGBP/USD: Pound Stages Modest Rebound to Top $1.21 Ahead of Key US Jobs Data
The British currency has been struggling to overturn its downward trend. Can the jobs report give it a boost tomorrow?
GBPUSDGBP/USD: Sterling Extends Slump to Fresh 6-Month Low Below $1.2230 after BoE Surprise
The Bank of England bucked the trend in its rate increases last week after 14 consecutive raises. The news keeps hammering Sterling bulls.
GBPUSDGBP/USD: Sterling Knocked to 3-Month Low as UK Inflation Falls to 6.7%
The Bank of England could now take a breath and reassess the situation as traders put interest rates in the rearview mirror.
See all events
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
