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British Pounds WCO

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Ideas

Trend of British Pound Currency Index the detail is shown in the above Idea. I made this Idea based on Candlestick Analysis and Harmonic pattern. bear market turning into bull Market with GBP Crab. Bullish crab pattern It begins at point X and extends to point A. Point X may be anywhere on the price chart, but looking for a bull

by SEYED98

Updated

British Pound Currency Index, heading where next?British pound currently is having a strong headwind to reduce the pound strengthen coming to the market in play. It just started and the strong headwind is the potential pause of the BOE rate hike coming in 2024 as the inflation CPI of 11% previously in 2022 by the UK CPI is currently only at 4.60%.

Short

by juntech8

"Analyzing BXY's Descending Triangle: Waiting for a Breakout Dir Descending Triangle Pattern: You've identified a descending triangle pattern on BXY's chart. This pattern typically consists of a horizontal support line and a series of lower highs, forming a triangle shape. It's considered a bearish pattern and often leads to a breakout in a downward direction. D

by The_TradingW0LF

BXY Analysis 10/10/2023 As you can see with the current state of the BXY market, it is currently in and upwards trend creating higher lows consistently marked by the circles on the closes of the wicks. The red rectangle marks out the area where price was operating below my entry price on GBP/USD and as you can see the arro

by Flex_FE

Gbp index I expect gbp index to pull back to the oderblock/ discounted area The price have been on the down trend since I expect a massive drop on gbp pairs for the next few years

Short

by murendi

BXY, Important, Crucial BEAR-Fractals, Setup of a Next Wave!Hello There! Welcome to my new analysis of the BXY. Within recent times there are major factors moving the BXY as the inflationary pressures within the BXY are still increasing paired with a historically high interest rate of 5.25% that was seen the last time during the financial crisis of 2008

10:39

by VincePrince

Updated

1010

British Pound Plunges as Bank of England Holds Interest Rates I bring today is far from uplifting. As you may already be aware, the British Pound (GBP) has taken a significant hit in the wake of the recent decision by the Bank of England (BoE) to hold interest rates steady. This unforeseen turn of events has left many traders like yourself feeling disheartened

Editors' picks

Short

by bryandowningqln

1515

BXY Forecast| LL for Pullback BXY looks bearish on the daily chart. It has the potential to fall into the 124.30–123.34 range area for a WXY sequence and potentially retrace for a significant pullback. The 123.34 level needs to be watched for any bearish continuation in that area.

Short

by Khiwe

Brit Bulls seems to relax after a small rally.....GBP Index seems to continue its journey after a small retracement to previous Resistance Flip Support Now....... Price seems to retrace from 1.382 ibo Level and RSI Bearish Divergence on 1 Hour TF.

Short

by The_TradingW0LF

GBP May goes down for quite some months But Possibly after daily or h4 retracements- watchout for smaller tf. Anyway, more to downmove in major movements.

Short

by yantieyaacob

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Frequently Asked Questions

British Pounds WCO is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy British Pounds WCO futures or funds or invest in its components.

The lowest ever quote of British Pounds WCO is 102.00 USD. It was reached on Sep 30, 2022.

British Pounds WCO reached its highest quote on Nov 8, 2007 — 211.17 USD.

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British Pounds WCO

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Frequently Asked Questions