The GBP/USD pair continued to rise near 1.2688 on Thursday during the early Asian session. The major pair's rally was supported by a weaker greenback following the release of softer US CPI inflation data.
The outlook continues to be bullish as the pair successfully breaks resistance at 1.263 and makes this the expected new support level after a mild trend correction.
✅GBP_USD has broken the threshold
Resistance is falling and breaking through
It's been confirmed so I'm lost
Quan Trends and I will look forward
One step further
LONG 🚀
GBPUSD regains upside momentum, after posting the first weekly loss in three, as buyers defend the previous week’s reversal from the 20-SMA to poke a downward-sloping resistance line stretched from early March, close to 1.2560 at the latest. The Cable pair’s recovery also takes clues from the bullish MACD signals and the upbeat RSI conditions, not overbought. With...
Sell gbpusd at price 1.25581
Sl 1.25750
Tp 1.24100
Lot size recommended 0.01
This is institution entry and i know where big institution enters so open a sell trade and thanks me later
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 price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
Hello Dear Friends, GBP/USD edged higher today near 1.2540 on the back of stronger-than-expected UK Gross Domestic Product (GDP) data for the first quarter.
Boosting continues to be supported when storage between EMA 34, 89 and supporter is being supported. The bullish target above strength 1.255 is being approached!
Hello friends!
Today, the GBP/USD pair remains on the defensive around 1.2495 at the start of the Asian session. The US dollar continued to gain for the third consecutive day, putting pressure on the recovery of GBPUSD, which appeared unchanged from yesterday. The outlook for further price declines remains intact.
Currently, the market is moving into a cautious...
GBPUSD stays defensive at the lowest level in a week, snapping a two-day losing streak, as the pair traders await the Bank of England’s (BoE) Monetary Policy Announcements, as well as the quarterly monetary policy report that makes the day a “Super Thursday”. It’s worth noting that the 100-SMA puts a short-term trading floor under the prices near 1.2480,...
HTF being in support area, i am looking for price give a pull back before anymore sell side move. With LTF setup looking for a buyside here. Let's see how it goes..
GBP/USD keeps sliding and trades in the negative territory below 1.2500 after losing nearly 0.5% on Tuesday. The newfound strength of the US dollar, fueled by hawkish remarks from the Fed, weighs heavily on this pair as market focus shifts to the policy announcements from the Bank of England on Thursday.
From chart observations, this pair has broken out of the...
Hello friends!
GBP/USD is struggling to maintain its upward momentum and is trading below 1.2550 during the US session. Earlier in the day, disappointing April jobs reports from the US triggered a USD sell-off, pushing the pair to multi-week highs above 1.2600. However, it failed to hold this level and quickly fell to 1,254.
On the other hand, the daily chart...
As we can see on weekly TF , price continue to make LH & LL and continue its bearish trend.
W ST. & OF remain bearish n may take support 1.23374 around...
on D TF , we have bearish structure & order flow too which shows bearish continuation and have supply zone (1.26134 - 1.27094) , price may retrace till DAily supply zone n continue its bearish journey till...
Once the #GBPUSD closes below 1.2480 on the hourly chart, keep an eye for a retest of this level. If there's rejection on the retest on the M5/M15 timeframe, consider initiating a sell position with a 30-pip stop loss and a target of 70 pips down to 1.2400. There's substantial trendline liquidity beneath these levels.
