The British pound is showing signs of slipping after a slight increase yesterday, but I personally believe it will come back strongly with current information related to the European market. More or less the intense war in the Middle East will affect the prices of currencies, and only gold will have stable and sudden growth. British Pound against USD is at...
this is long setup for GBPUSD we will wait for the price to come at our POI and break the LH with bullish candle on poi we can enter the trade
Trade Idea: GBPUSD BUY Signal 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 7 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any...
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
GBPUSD Analysis wait for Retest and Candlestick Pattern Triangle
CAPITALCOM:GBPUSD As you can see in GBPUSD pair is in consolidation since Dec 22 (long time ) and now it is near to the resistance, if it rejects the resistance level and come down then we can plan for sell side with the conformation of pull back entries. Plan your trade accordingly.... (4 HR time frame)
GBPUSD resistens Hammer confirmation up side Rejection confirm