Join us as we delve into the latest developments shaping the GBPUSD landscape. The Pound Sterling rebounded in the second half of the week driven by robust Q1 GDP figures from the UK's Office for National Statistics, indicating a resilient economy. With a growth rate of 0.6%, surpassing expectations, the UK appears to be steering clear of recessionary woes. This...
At present, GBP/USD is showing bearish momentum on the M15 timeframe. We anticipate that the price will target and fill the Daily Fair Value Gap (FVG), where sell stops are likely positioned. This is due to the smart money potentially using a retail pattern, such as the support zone, to engineer liquidity, which we expect the price to manipulate. There are...
GBP/USD underwent a technical correction, retracing to approximately 61.8% from the previous swing high before concluding Thursday's session in negative territory. The pair has continued its downward trend early into Friday. Comments made by Federal Reserve (Fed) officials on Thursday contributed to a rebound in US Treasury bond yields and bolstered the US Dollar...
Greetings Traders! Join me in today's video as we delve into an in-depth analysis of GBPUSD and DXY, exploring key expectations for today's trading session and summarizing this week's trends. This analysis is crucial as it sets the tone for next week's trading as well. We've reached a critical juncture on both the DXY and GBPUSD charts, making it essential to...
Time Frame: 4H Symbol: GBPUSD Entry: 1.26465 TP: 1.25107 SL: 1.27654 Bias: Short For GBPUSD our expectation is for going short. The energy and unpredictability structure including dynamic help and obstruction our overwhelming projection is bearish and thusly we are going for a short entry.
Everyone must have seen yesterday’s analysis. Both GBPUSD and EURUSD are in line with my expected decline range of 500-1000. The US dollar also reached a high of 105.5. Oil is back at buying prices. Gold has also come to a profitable price. At present, I simply observed the market. There is currently no better opportunity to earn the difference in gold or oil...
The trend of the US dollar is as I predicted. This can be seen directly from the trend chart of the Asian market. The U.S. dollar index is currently showing an oversold rebound trend. The key thing to pay attention to is the pressure level above, which is around 105.3-105.5 to see if it can stand firm. In trading, EURUSD and GBPUSD can be sold at a higher price...
Time Frame: 4H Symbol: GBPUSD Entry: 1.26640 TP: 1.25178 SL: 1.28030 Bias: Short The cost design for this pair shows a reach bound cost activity channel. The bearings are going all over yet the over all pattern is down. We can expect a short trade thinking about the general bias.
hello traders this is the trade i took according to my system risk reward 1:4 if you like my content please follow, subscribe like and show some love wish you good luck and good trading
Here on GPBUSD price break a a trendline and show it going to moving down after the retest and targeting profit should be around psychological level of 1.26500
GBPUSD increased yesterday, but has not made any changes in the chart structure. The overview shows that the price is still moving sideways in an overall downward trend. The latest price increase helps GBPUSD H1 establish a new high price peak, continuing the short-term price uptrend. Today you can catch retests to buy in line with the short-term uptrend. The...
GBPUSD extended the series of increasing prices, creating the strongest increasing day after yesterday. The D1 bar structure creates a bullish marubozu model reflecting good buying pressure. At this time, the price is located at an important resistance zone. An upside break from this price peak will help GBPUSD D1 establish an uptrend again. GBPUSD H1 continues...
Hello Traders; Hope you doing greats . for this week I think we'll probably see a downward correction in GBPUSD and after that we can take a long position at Blue zone . if this post was helpful, please like and share.
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...
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...
UBS, a Swiss bank, stated in a May thirteen report: "Historically, May has been a tremendous month for the greenback. Our seasonal indicator indicates that call for for USD commonly will increase in overdue April and peaking in mid-May, with the Euro (EUR), Australian Dollar (AUD) and New Zealand Dollar (NZD) commonly maximum affected." However, UBS says that the...
Here on GBPUSD price has made a two higher low waiting for the third one to complete and that were we are looking for sell around 1.25754 and is likely to move down around psychological level of 1.25500 so that should be a targeting profit.
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price makes a retracement and then rejects from trendline + liquidity zone. Fundamental news: Tomorrow (GMT+3) we will see results of monthly and yearly CPI...