Dear friends, GBPUSD is showing a noteworthy recovery, but the downward trend is still considered strong as it approaches the lower limit of the descending channel. The target for this decline is set at 1.2000. What are your thoughts? Do you agree with me?
Dear friends, GBP/USD has been steadily declining since it dropped from the 1.228 level. If this pair fails to regain that level, the next target for further decline could be 1.214 before reaching 1.210. Regarding expectations, tonight we will receive news from the speech of the Fed Chairman, so the current trading situation will not have many notable...
Hi every one Diamond pattern formation in gbpusd weekly chart so do not miss big breakout
bearish GU wrt DXY entry time a bit late but It will be working taking risk Reason for sell 🚨 PDL PREVIOUS DAILY LOW gap filled Liq engineered below Daily fvg and external range liq below
Dear readers, At the time of writing, GBPUSD is trading below the 1.2300 level. This currency pair is benefiting from the widespread depreciation of the US dollar and positive changes in risk sentiment. The UK's employment data is not moving the needle on the British pound. PMI is being closely watched. At this stage, the likelihood of GBP breaking clearly above...
Dear friends, Currently, after a quiet Asian trading session, GBP/USD has risen higher to the 1.2200 area on Wednesday morning in Europe. The technical outlook still does not show a forming upward trend, but there could be additional gains if this currency pair starts using the support level at 1.2200. If GBP/USD fails to surpass the 1.2200 level, sellers may...
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...
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According to CME Group's FedWatch Tool, Fed Funds futures traders are pricing in a 39% chance that the Fed could raise interest rates again later this year, but only a 6% chance of a hike. in the next month. Fed Governor Christopher Waller recently said he wants to monitor whether the US economy continues to grow strongly or weaken this year in the context of the...
FOREXCOM:GBPUSD Hello 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 Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Hello dear friends! After several days of price increase, GBPUSD has returned to its downward trend. It is currently trading at 1.2167 as of the time of writing, with a short-term recovery. The adjustment of the US 10-year Treasury bond yield lower, after increasing by over 3% on Thursday, has made it difficult for the USD to appreciate based on recent...
Hello dear traders! Currently, GBP/USD continues to incur losses for the second consecutive day, trading below the level of 1.2160 in the Asian session on Wednesday. Optimistic economic data from the United States puts pressure on the currency pair. GBP/USD reversed after rising to the area of 1.2200, where the recent downtrend's resistance level is located,...
GBPUSD in range now... I'm intraday trader so I do small trades in range.... let's see which side Cable breakout... I will update my view later
We can plan a long trade after the break of current resistance targeting the order block. and then we can plan a short trade at the order block as the overall trend is bearish.
GBP/USD is known for traps and RISE PATTERN the same is LIKELY TO HAPPENS HERE SO PLAN IS AS READY
Hello everyone! GBP/USD closed the last two trading days of the previous week in the negative zone. Although this currency pair attempted a modest recovery at the beginning of Monday, it failed to gain momentum. Technical analysis: GBP/USD maintains a slight upward trend, with prices fluctuating around 1.2168 and decreasing by 0.37% in the day. If safe-haven...
#GBPUSD is making a bull move and it will end at 2250 to 2270 which is previous high price action for the period. My idea may change according to market condition and bias. For now I am short in the mentioned area. Please check my idea and if you like it please follow me and like my idea. #money #currency #inflation #trading #trader #trading #stockmarket...
GBPUSD prints mild losses below 1.2200 during early Wednesday as market players await the UK inflation data while consolidating the week-start gains of the Cable pair. That said, a likely easing inflation pressure in Britain joins the downbeat RSI (14) and the impending bear cross on the MACD keeps the pair sellers hopeful. With this, the quote’s fall toward the...