GBPUSDFX:GBPUSD
As you can see that, GBPUSD has formed a good support zone and it is in down trend. If it gives breakout then we can plan for sell side and take retest entry. Plan your trade accordingly. This trade is for monday (25-09-2023).....
About British Pound / U.S. Dollar
GBPUSD, often referred to as “The Cable”, a foreign exchange term used to describe the British pound vs the US dollar, is one of the oldest traded currency pairs. In July of 1866, after an earlier failed attempt, the first reliable exchange rate between the British pound and the US dollar was transmitted between the London and New York Exchanges. Optic fibre cables accompanied by satellites handle the Transatlantic communications today.
GBPUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest yo
GBPUSD weakened before England's dataHello traders, what do you think about GBPUSD? This pair of money has reached under the resistance area. On the other hand, his economic data is weakened. It is expected that it will decrease at least to the point that is specified with the upward adjustment and reaching the specified resistance are
GBPUSD: The Upcoming Panic Selling: What We're Going To Do?If break downside 1.16481, market will be hit 0.90000 (target ratio 22. 84% pips 26481) on 08th January 2024.
The doubt that arises in the minds of many people here is how the market will fall to 26481 pips in one year.
the WD Gann method creates a new cycle, it will be negative. GBPUSD market wi
GBPUSD Journal EntryNote : I am Learning student of ICT
trading journal help you to build your basic foundation so if you are learning ICT concepts so you have to do this every single day.. may this example help you (All credit go to ICT only i am his student)
So if you are forex trader annotate your DXY \ EURUSD \ G
GBPUSDLooking for GU sells off my confirmations
DO not take my attempts these are for record purposes
GBPUSD maintains low levelsHello dear traders.
Currently, GBP/USD is still having difficulty taking advantage of modest increase from the previous day. This pair of money is still below the level of 1,2300 and seems to be susceptible to the decrease trend that has been clearly established in the past two months.
Looking at t
GBPUSD This is my view in GBPUSD but this much of movement i not possible but trade and trend dreiction is like this; based on this put your confermations too with low risk management
GBP/USD analysis in pricing prospectsGBPUSD is undergoing a decrease in value with a decreasing wedge model.
On the H4 chart frame, we observed that it seemed that the Guam still found a suitable point under the 1237 -priced area of the ability to break the positive resistance of the resistance threshold in the decreasing trend. Confir
GBPUSD is currently psychological warToday, GBP/USD is currently fighting at 1,2300, marking the lowest level in 5 months of trading in Europe on Thursday.
Market:
This currency pair is heavily committed by the Fed's hawk stance and the ability to suspend interest rates, after inflation decreased unexpectedly in the UK and SNB's surp
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GBPUSDGBP/USD: Sterling Knocked to 3-Month Low as UK Inflation Falls to 6.7%
The Bank of England could now take a breath and reassess the situation as traders put interest rates in the rearview mirror.
GBPUSDGBP/USD: Sterling Stays Muted Near $1.25 as UK Wage Growth Climbs 7.8%
Wages logged a record pace of growth and beat lowering inflation. But the pound didn’t catch on the good news.
GBPUSDGBP/USD: Sterling Slides Below $1.25 in Broad Dollar Push, Hits 3-Month Low
The greenback is on the offensive again as markets are weighing prospects of another rate hike at the Fed’s September meeting.
GBPUSDGBP/USD: Sterling Sinks Below 100-Day Moving Average as Falling Inflation Fails to Boost Demand
UK shop price inflation hit 6.9% in August, notching its lowest level in almost a year. Traders kept piling their short positions.
GBPUSDGBP/USD: Sterling Tops $1.28 on Upbeat UK Data, Broad US Dollar Retreat
The currency pair is just at the 50-day moving average intersection, pressing higher for a second consecutive day.
GBPUSDGBP/USD: Sterling Shoots Higher on Surprise UK Inflation Drop to 6.8% in July
It’s the slowest price growth for the UK since February last year but core inflation remained stubbornly unchanged, complicating the Bank of England’s work.
GBPUSDGBP/USD: Sterling Boosted as UK Economy Grows 0.2% From Previous Quarter
The GBP/USD picked up momentum to top $1.2700 after the positive report, which surprised even the Bank of England.
GBPUSDGBP/USD: Dollar Bulls Are Back After Minor Hiccup Over US Credit Rating Downgrade
Fitch Ratings cut its US debt rating but that couldn’t keep dollar buyers away. The GBP/USD is down again.
GBPUSDGBP/USD: Sterling Rises to $1.29 as Dollar Retreats Ahead of Federal Reserve Meeting
Forex markets are in for a treat today with Jay Powell taking the stage for the Fed’s interest rate decision.
GBPUSDGBP/USD: Sterling Drops Under $1.30 as UK Inflation Hits 15-Month Low at 7.9% in June
The figures speak for themselves: a 7.9% inflation for June came in below estimates for 8.2% and well below May’s 8.7%.
GBPUSDGBP/USD: Sterling Hits 15-Month High Against Dollar as UK Economy Contracts Less Than Forecast
Interest rates are also working in favor of the British currency, but economists warn they may soon hit economic growth.
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