The U.S. dollar made a strong comeback on Friday as the latest economic data revealed a much higher job creation rate than anticipated. The U.S. economy added 272,000 jobs last month, significantly surpassing expectations. This robust job growth suggests that the Federal Reserve might delay starting its easing cycle this year. Additionally, the average hourly...
📌GBP/USD drops below 1.2720 after encouragement from Nonfarm data. GBP/USD continues its downtrend and trades deep below the key support zone of 1,275. The US dollar outperformed its rivals following impressive labor market data in May, forcing the pair into sharp declines. 📌Next week's markets are in focus on Tuesday with the Change in Claimants, and the UK...
Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
This video dissects the recent market trends and economic data that have been impacting the Pound Sterling and the US Dollar. Last Friday, data revealed a positive turn in UK house prices for May, following a couple of months of decline. However, all eyes were on the report on US inflation, which significantly influenced price movements. The Pound Sterling (GBP)...
GBPUSD: The British Pound yesterday also largely accumulated sideways as the market was waiting for important news. However, technically, it can be seen that the upward trend is still being maintained. Therefore, you can consider the option of continuing to buy up GBPUSD today. It is expected that there is a possibility of a breakout to the higher target area...
GBPUSD: The British Pound in the short term is still maintaining a positive upward momentum. And in today's session, with the USD outlook weakening, ace can consider selling with GBPUSD. Recommended buy limit around 1.2750
Hereon GBPUSD price has made a double bottom and likely to move up more after retest the support line1.27660 and now is expected to go for LONG and expected targeting profits should be around the level of 1.27905
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPUSD: The British Pound has also had a positive increase in the context of the USD weakening strongly. So GBPUSD broke above the 1.28 resistance and is currently at 1.2813. Scenario in today's session GBPUSD will continue to maintain its uptrend to the higher resistance area around 1.0880. You can consider buying GBPUSD in the short term. Recommended to buy around 1.2800
FX:GBPUSD GBPUSD, price has been bullish since last two weeks since DXY is dropping. We had expected price to drop and reject at our demand zone, however, as usd started weakening our plan did not work out as we planned. Wait, for price to fall to our area of entry and then enter with the price rejection at the demand zone. **Like, comment and follow us if...
Hello Traders, Hope you all are doing good!! I expect GU to go Down after finishing the correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan . Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
Hello Traders, Hope you all are doing good!! I expect GU to go Up from the FS (For3xScalper) Box. If it starts to give correction here, then we can go further down to 1.27 level. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis...
Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Fibonacci Level - 78.60%
Here on GBPUSD price has moved down and made a rebound around a support area of 1.26853 and now heading up this show that buyer has taken control and now going for LONG is neeeded and targeting profits should be around a psychological levels of 1.24000
Most recently, we are "stuck" in this box-range with unclear, messy price action Given the fact I see bearish on HTF and bullish or messy on LTF, it's a contradiction so right now I don't have clear confluence for this market Overall on 15-60min. timeframes, we see recent bullish leg. Accumulation and reaccumulation models are pushing price higher, however price...
GBPUSD: The British Pound has additionally corrected withinside the quick term. Currently, this forex pair is keeping across the aid degree on the 1.2690 area. However, with the modern-day fashion and downward pressure, it's miles probable that GBPUSD will penetrate this aid quarter to a deeper fee variety across the 1.2640 area. You can recollect keeping the...
Here is my ABCD idea for GBPUSD on H1. OB range are on 61.8% and TP target at -27.