GBPUSDToday, I expect an increase for the dollar index and have a bearish opinion for this currency pairShortby sepidehsky5
Reverse from 1.27500 Area Target 1.28500 !!! 100 Pips !!!Dear trader, if price hold box zone ( support) , i expect price start upward movement to 1.28500 Area ! dont Forget like&Comment please ! Regards Alireza!Longby alirezak1
GBP/USD shortGBP/USD One hour trading report overview Tickets (EP): 1.2795 Reason: Select the 1.2795 entry point based on the relative strength index (RSI) and wait for favorable opportunities Opportunities exist during market corrections.This setup suggests the best entry point to capture a potential downtrend. Stop Loss (SL): 1.2868 Rationale: Stop loss is set at 1.2868, calculated using average true range (ATR) data.This strict stop-loss setting is designed to protect the trade from any unexpected upside, thereby minimizing potential losses. Take Profit (TP): 1.2711 Reason: Take profit level is set at 1.2711 The strategic goal is to maintain reasonable profits when the price is close to the previous support level and to ensure reasonable profits when the price pulls back. Profit on this trade: 84pips (840usd/lot) Please note that foreign exchange trading involves risks and the analysis provided is based on the information provided. Market conditions can change rapidly, so it is important to stay current and consider implementing risk management strategies. It is crucial to monitor the market closely and adjust your trading strategy accordingly.Shortby Tracyanalyst115
GBP/USDTechnical Analysis: GBP/USD Each time frame is marked with a flag for better understanding. Entry prices: High position: 1.27595 Bottom position: 1.26743 Profit limit: Top position: 1.26900 1.26488 1.25866 1.25138 1.24700 Bottom position: 1.26488 1.25866 1.25138 1.24700 Loss limit: Top position: 1.28757 Bottom position: 1.26743 Before using this signal and analysis, be sure to check your analysis chart. Attention!!! In these analyses, only technical analysis is considered So be sure to check the basic news before entering. Attention!!! If the trading symbol of the bank is closed, do not trade that symbol!! Attention!!! 100% does not exist in financial markets So don't enter this signal hoping for a definite profitShortby ZADERAMEZAN-FXUpdated 2
GBPUSD Twice in a week, he tried to reach above the equal ceilings, but he was not able to, after the liquidity gap, I expect a decline at the same time as the New York time.(masculine) Shortby sepidehsky1
GBP/USD STRONG BUY What Iam watching on the 1 hour timeframe its a pontential buy starting with the head and shoulders pattern, and confirming the entry with a MACD divergence that we can see in the timeframe and I would take the entry in 15 minutes and use the fibonacci retracment for the stoploss and the extention for the takeprofit.Longby hcarbajal121
GBP/USD pair for sale🌐 Analysis of the GBP/USD pair, we are looking for only selling and buying areas for correctionShortby ShakerTrading2
GBPUSD VoyagerA journey in time with some potential zones of influence on the price and levels that might provide temporary or solid support/resistance. This is a long journey so while the concept might seem absurd we could just ask ourselves if this is just a simulation or a predefined script in the Matrix. For connoisseurs only. Use wisely and trade with care and remember: price action is king. Price action is objective reality. Don't let the subjective blind you from the truth, which is: There is no GBPUSD market. It doesn't exist. All you see or hear or smell or touch is just information processed by your brain. Do you think you are breathing air? Think Again. Anything in the Universe can be broken down to math. But can the math of the Universe be broken? Of course not. If the math of the Universe is broken, it is because we never knew the real math of the Universe. What is the Universe anyway? And what is Time if it can be broken? What if the Universe is not a simulation? What if it doesn't have a predefined script? Does any potential out of the Infinity of potentials require a script for its existence? No it does not. Infinity is Infinity. It is Anything. Everything. And Nothing. Just like this Voyager trading idea which is probably a dud (=nothing) unless we see A HUGE BIG RELEVANT SIGNIFICANT REVERSAL at one of the shapes! Don't say I did not warn you in advance. It could be a move that can last for months. Maybe even a year. Does anyone want a chart for 10 or 30 years? What if I told you I can make one for two hundred? million years. Welcome to the black hole...Shortby nenUpdated 6
GU 2nd entry Last trade of the week. Price tapped into the weekly fvg after a bearish week overall. A long for some 20pips. Looking forward to bullish coming week.Longby hskarue1
GBPUSD My Opinion! BUY! My dear friends, GBPUSD looks like it will make a good move, and here are the details: The market is trading on 1.2712 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.2761 Recommended Stop Loss - 1.2676 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK Longby AnabelSignals115
GBPUSD: Price almost reached our buying! Time To Swing BuyFX:GBPUSD Price almost fell to our area of entry and will soon be rebounding, the main reason price dropped is strong USD data leading price to drop heavily. We expecting price to rebound strongly towards our take profit. First target can be set at 200+ pips from current price region and long target is 600+ pips. **If you like our work then please like and comment, and follow for more and it will also encourage us to bring you more content** Team Setupsfx_Longby Setupsfx_4420
GBPUSDA bearish divergence is observed on daily chart which may lead it to a price drop due to the following reasons: UK Economic Concerns: News and data releases indicating slower UK economic growth or rising inflation could weaken the Pound. Keep an eye on any upcoming reports about UK's Producer Price Index (PPI) data. If it comes in lower than expected, it could signal weaker inflationary pressures, but also potentially slower growth. Resistance Levels: The GBPUSD recently faced resistance around 1.2816. If it fails to break through this level, it could indicate a potential decline. Let's monitor.Shortby abidhaiderUpdated 1
Buy the breakout!GBP bulls are totally in control, buying the correction might be more profitable than this idea. flags, pennants, or anything. Good luckLongby cooltikksUpdated 2
GBPUSD Ready for a breakthrough. Target 1.2850Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters20004
GBPUSD trading signals on June 13The British Pound (GBP) fell below the key support level of 1.2800 against the US Dollar (USD) during Thursday's trading session in London. The GBP/USD pair corrected sharply after rising to near a three-month high of 1.2860, inspired by a cooler-than-expected United States (US) Consumer Price Index (CPI) report. in May. Cable posted decent gains as the US Dollar rebounded after the latest interest rate forecast from Federal Reserve (Fed) policymakers during the June monetary policy meeting suggests that there will be just one rate cut this year, compared with three predicted in March. The Fed signaled fewer interest rate cuts as strong labor market conditions and price pressures remained higher in the first quarter of the year. The US Dollar Index (DXY), which tracks the value of the Greenback against six major currencies, recovered further to 104.80 After the Fed kept interest rates unchanged in the range of 5.25%-5.50% as expected, officials admitted that disinflation progress toward the 2% target was slower than they predicted. The Fed also revised its forecast for the Core Personal Consumption Expenditures (PCE) Price Index, the Fed's preferred measure of inflation, to 2.8% in 2024, up from the 2.6% estimate by the Fed. March . The recovery can extend to the strong support zone of 1,275, we can establish a BUY signal. This price range is supported by the trendline EMA 34 and EMA 89 in an uptrend. This is also the old DOW breakout area, so the price will react in this area. Wishing you a successful trading dayby TVS-TraderUpdated 119
What To Expect From US CPI Data and FOMC? GBPUSD & NZDUSDWhat To Expect From US CPI Data and FOMC? A Technical and Fundamental Analysis About GBPUSD & NZDUSD In this video, I share my thoughts on GBPUSD and NZDUSD ahead of the US CPI and FOMC data. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ 08:27by KlejdiCuniUpdated 337
GBPUSD Strong sell zone. Eyes on FOMC GBPUSD reached the highest supply zone or a resistant level from the first week of march. In the RSI, the price is in the overbought territory. I made a short position in the resistance possible of the strong sell zone.Shortby RDCipherUpdated 225
GBPUSD OUTLOOK GBPUSD Technical Analysis: The price recently touched the resistance level of 1.2877 and subsequently reversed to test its previous barrier around 1.2740. As a result, the price is expected to consolidate between 1.2697 and 1.2820 until a breakout occurs. Bullish Scenario: A break above 1.2819 will support a bullish trend, targeting the levels of 1.2877 and 1.2956. Bearish Scenario: the price can reach the support level at 1.2697. However, a break below this level is necessary to initiate a bearish trend towards 1.2541. Key Levels: Pivot Price: 1.2750 Resistance Levels: 1.2877, 1.2956, 1.3037 Support Levels: 1.2697, 1.2620, 1.2541 The price movement is expected to oscillate between the resistance at 1.2956 and the support at 1.2697.Longby SroshMayiUpdated 5
GBPUSD accelerated to the upside this past weekGBPUSD accelerated to the upside this past week, briefly reaching its highest level in nearly two months at one point before the weekend. If the rally continues and gains momentum in the coming sessions, resistance is likely to appear at 1.2720, the 61.8% Fibonacci retracement of the 2023 decline. Further strength could then direct focus toward the 1.2800 mark. On the flip side, if the upward impetus fades and sellers regain control of the market, confluence support extending from 1.2615 to 1.2585 could offer stability in case of a pullback. If tested, traders should watch closely for price reaction, keeping in mind that a breakdown could give way to a move towards the 200-day simple moving average hovering around 1.2540. by Xayah_tradingUpdated 6
GBPUSD sell setuphey guys here's what i am looking at on GU, i am expecting a dowmside movement on GU, with the dollar being stronger the the pound i am expecting the pound to drop futher to the downside with price currently at a support level and with the fib as another confluence, i will be selling the pound against the dollar. if this helps kindly share your thought and support, thank you.Shortby Ace_trades1Updated 3
idea on a trade Nice H1 close doji rejection and the DXY is a sell The UK economy failed to grow in the entire month of April as manufacturing, industrial production and especially construction registered contractions. April’s data compared to April of 2023 witnessed a 0.6% increase, marginally lower than last month’s 0.7% increase.(GBP/USD) has managed to halt the recent decline spurred on by Friday’s hot NFP print in the US. The move may be due to a squaring off of positions ahead of what is a very uncertain and potentially volatile trading session. High impact data out of the US today (US CPI and the FOMC statement and forecasts) has the full attention of the market. Stubborn inflation is likely to add to the loss of confidence amongst the committee when it comes to inflation returning to the 2% target. Hot monthly CPI for most of 2024 has forced the Fed to manage their expectations around the number and timing of Fed funds rate cuts this year. If this continues to be the case, GBP/USD may be vulnerable to a move lower but such a move could be limited by the fact the FOMC dot plot is due to be released a few hours later.by EZIO-FX1
GBPUSDThe gbpusd price is ready to move back up and retest the privious highs as indicated on the chart. Invest wisely.Longby Piptera-Digital-Solutions112
GBPUSD incoming bears. GBPUSD reaches resistance near 1.29. Sell and hold. Patience is key here. Shortby WealthCreationFX4