Go through the analysis carefully, and do trade accordingly. Current price- 1.26300 "if Price stay below 1.28000 then next target is 1.25300 and 1.24300 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by...
Hey there! Are you wondering whether GBPUSD will rise or fall today? Let's explore and find out together! Yesterday, GBPUSD continued its downward trend, seemingly solidifying its bearish trajectory by breaking below the support level at 1.261. The reversal signal from the 34 EMA line further indicates that the bear camp is currently dominating the market....
On Tuesday, GBP/USD recorded a bullish rally, reaching a high of 1.2670. However, this upbeat event did not last, and the pair lost its upward momentum in the second half of the day, when it finally traded below 1.2650 light to Europe Wednesday. Despite signs of technical indicators suggesting an increasingly strong bearish trend, the price currently remains...
Hello dear friends! GBPUSD is showing signs of recovery this Monday, bouncing back after a significant drop at the end of last week. The recovery started when it touched the Trendline, although the overall trend is still bearish due to the momentum the US Dollar (USD) has gained from Wall Street activities, despite the declining interest rates that have reinforced...
Hello wonderful people! Let's dive into GBPUSD insights today. In today's North American trading session, the British Pound is making a modest comeback against the US Dollar, thanks to speculation that the Federal Reserve may cut interest rates in June. At this time, GBP /USD is trading at 1.2657, marking a 0.16% gain on the day. Essentially, GBP/USD is forming...
Hello dear trading community! Today, let's explore the GBPUSD pair together! Currently, GBPUSD is moving steadily, fluctuating around the 1.263 level, with minimal changes compared to yesterday's session. It seems that today, with the world on holiday, there won't be many significant fluctuations affecting our trading strategy. In the short term, the range...
Hello dear friends, Yesterday our GBPUSD experienced a significant downturn. Based on fundamental analysis, GBP/USD extended its losses and formed a 'bearish' candlestick pattern, indicating the potential for further decline. If sellers break through the psychological level of 1.2600, it could pave the way for a level of 1.2500. On the other hand, buyers should...
The GBP/USD has risen above the 1.2700 level, recovering from a two-week low below 1.2670 on Tuesday. Investors are cautious about taking significant positions ahead of the policy meetings of the Fed and BoE, causing this currency pair to struggle to find a clear direction. Furthermore, the widespread strength of the US dollar (USD) continues to weigh on this...
Price is falling towards the support level which is a pullback support and also aligns perfectly with the 61.8% Fibonacci retracement. I believe a rejection from this level could lead the price to rise towards the resistance level @1.28621
The GBP/USD pair gained momentum in the early hours of Thursday's Asian trading session. This increase was driven by the weakening of the US dollar following Federal Reserve Chairman Powell's cautious press conference. Additionally, the 1.2760 level, representing the 0.618 Fibonacci retracement of the latest uptrend, is currently seen as the initial support level...
GBP USD will be DOWN FALL till AT 1.27002 take a SHORT ENTRY after breaking the up trend line as shown in the picture, follow for more live updates @TIME_TRADER_007
Hello everyone, as we predicted, GBPUSD has continued to decline under the strength of USD's recovery. The current trading price is 1.268, firmly holding within the downtrend channel. The next target is to push this pair up to the support level of 1.2625, after all the previous important defensive measures have been broken by sellers. So what about you? Do you...
Hello dear friends! Today, GBP/USD is gradually decreasing to the level of 1.2800 tons in the first day of the new week. The US Dollar has prevented its losing streak as the market shifts to risk aversion ahead of the highly anticipated US CPI report, which will be released on Tuesday. This has somewhat limited the upward trend for the GBP/USD pair. As a result,...
Not a clear DT in daily but broke the 4H trendline and also reversed in 30M. we got a clear reversal in 30M, so took this trade. Lets see how it goes
GBPUSD prints mild losses around 1.2630 while paring the first weekly gains in three, so far, as traders await Thursday’s final prints of the UK and US Gross Domestic Product (GDP) for the fourth quarter (Q4) of 2024. In doing so, the Pound Sterling struggles to defend the previous week’s rebound from the 200-bar Exponential Moving Average (EMA) amid downbeat RSI...
the 1 hr time frame: the price has been making aggresive lower lows and lower highs. it has been taking sellside liquidity with a lot of fvg. So i just followed the trend and anticipated the price to make further lowers lows and hunt further sellside liquidity on the downside the 15 min tf: the price made a short term higher high and higher low and then hunted a...
15 min tf: the price made a change of character from bullish to bearish. so we are gonna look for trades in the short side entry: take the trade at the equilibrium and target the nearest 15 min sell side liquidity
GBPUSD bulls take a breather at a weekly high, after rising the most in a fortnight the previous day, as traders await the Bank of England’s (BoE) monetary policy announcements on Thursday. Also important will be the preliminary UK S&P Global/CIPS PMIs for March. That said, the quote’s successful break of a two-week-old descending resistance line, now support, as...