Personally, I am Thinking of Going Short on GBP/USD Because GBP is looking Bearish Fundamentally and USD is also Looking Bullish Fundamentally
FOMC Minutes in the Charts: EUR/USD & GBP/USD During their June meeting, minutes released on Wednesday indicated that almost all Federal Reserve officials expect further tightening in the future. Despite the majority's belief in upcoming rate hikes, policymakers chose not to increase rates due to concerns about over-tightening. They acknowledged the delayed...
Here you can see 10-20 pips sl and 10-20 pips scalp entry if there is no news. Good luck
The UK continues to struggle with high inflation, as demonstrated once again this morning when headline inflation exceeded expectations at 8.7%, surpassing the projected 8.4%. Core inflation also outperformed, registering a 7.1% figure compared to the expected 6.8%. This divergence emphasizes the contrast between the UK and its counterparts in the US and Europe....
GBPUSD 1:3 TRADE 1). Price is entering in the right zone 2). US Unemployment rate is comming soon which is negative for US Dollar 3). 200 EMA is below the price 4). We can see uptrend in the chart Best and simple Setup Stay tuned
GBPUSD breaks their support trend is downward 200EMA us Above the price 1:3 beast trade
It is a super 1:4 trade. 200EMA is above the price. 4H Downtrend. Strong negative news (CPI)for GBP on 25May. STONG SELL..................
GBPUSD 1H Notice: Trade With Proper Risk Management☺️
GBPUSD 1H Notice: Trade With Proper Risk Management☺️.........
GBPUSD is right now testing at weekly resistance and also been rising for last 6 weeks . It may seem for correction here at this moment with target at fib. retracement at 61.8 . Stop loss just above the weekly resistance . You can trade accordingly with proper risk management . Also , this week we have BoE interest rate decision in view and also the GDP report on...
GBPUSD Analysis market goin down market creat a engalfing ......
Triangle pattern has formed on the 1h chart in GBPUSD
GBPUSD market moving in channel so wait for breakdown and retest
GBPUSD has broken the trendline on a 4hr timeframe and target is 1.19400. It has a great risk reward ratio.
GBPUSD Analysis wait for retest or breakout and Candlestick ...
GBPUSD Analysis wait for retest or breakout and Candlestick ...