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Gbpusdtrade

GBPUSDFor the operational paired GBP/USD recently received a buy signal after breaking above the 1. 2708 resistance level as it remains a vital signal of higher odds of a bull market persistence. This pair is pointing towards some more of the resistance level of nearly 1. 2780 The current intraday bias is up which has a support at 1. 2445 holds. However if the pair manages to move past the tops at 1.2708, it could strive to achieve higher rounds approximately 1. 2780. That is why the overview on the whole remains above the average, yet some mixed signs are observed temporarily due to the UK indicators. For instance, specific factors such as although wage increases are continuing to look solid, further increases in the unemployment rate may make a dent deeper. The position regarding future interest rate cuts will also be important for the British pound forecast and the pair’s future direction. Indeed, seeing that the overall trend remains bullish as long as the rate finds support at key junctures and remains above pivotal resistance levels, it should be stated that USDCHF has all the requirements in place to produce a sustained move to the upside. One relevant tip that traders should follow is that they should always pay attention to the data related to economic indicators and central bank announcements because these areas will have the strongest effect on market outlook and price action. It could be noted that the angle of the MACD, which indicates the current trend, and recent prices suggest that the GBP/USD will continue to rise, though investors should monitor future directions and major changes in the economy that might alter the course of the pair.
Long
by TFXBR
Gbpusd long Target GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your trades with the GBP/USD forecast and key pivot points data and support and resistance levels. Gbpusd confirm long Target
Long
by JohnHarry_7
💡 GBPUSD: Analysis May 20Last Friday up D1 bar for GBPUSD had a lower shadow and closed near the top, showing good buying pressure. Before that, bar D1 decreased but created a bullish pinbar, also showing buying pressure. The recent price behavior of GBPUSD D1 at this resistance suggests the possibility of a breakout from the most recent peak to establish an uptrend again. GBPUSD H1 broke out of the H1 sideways price range and bounced up, setting a new high price peak to return to the short-term uptrend. Currently, the price is moving sideways above the old peak, which is a form of price compression and can easily lead to a price bounce upward. The main trend of GBPUSD H1 today is waiting to buy. 💡 Trend H1: GBPUSD increases. Today's trading idea: Buy GBPUSD.
Long
by Stone_Haven
2
💡 GBPUSD: Analysis May 22GBPUSD has its third consecutive day of increase, but is showing a slowdown as the price creates a Spinning Top candlestick pattern around the old peak. GBPUSD D1 needs a breakout from this peak if it wants to establish an uptrend again at D1. After surpassing the old peak to reestablish an uptrend in H1, GBPUSD moved into a sideways phase in the trading range. Because the main trend is uptrend, GBPUSD H1 today continues the scenario of waiting to buy from the supports below. Trend H1: GBPUSD increases. Today's trading idea: Buy GBPUSD.
Long
by Stone_Haven
GBP/USD Bearish Reversal OpportunityThe GBP/USD currency pair is currently forming a Bearish Harmonic Pattern (XABCD), with Point D identified as the Potential Reversal Zone (PRZ). The confluence of several technical factors at Point D suggests a high probability of a trend reversal from bullish to bearish. Technical Confluences: 1. Harmonic Pattern Completion Point D of the Bearish Harmonic Pattern has been identified, indicating a potential reversal area. Harmonic patterns are reliable indicators of market reversals, and the formation of the XABCD pattern is a key signal. 2. Key Resistance Area The PRZ aligns with a significant resistance area. Historically, this level has acted as a strong barrier to upward price movements, further reinforcing the likelihood of a bearish reversal. 3. 4-Hour Trend Line A critical 4-hour trend line intersects at the PRZ. This trend line has consistently provided resistance in recent trading sessions, adding another layer of confirmation to our bearish outlook. 4. Bearish RSI Divergence (1-Hour) On the 1-hour chart, a bearish RSI divergence is observed. While the price has been making higher highs, the RSI indicator has been making lower highs, signaling weakening bullish momentum and potential reversal. Trade Setup: Entry Point: 1.2695 Stop Loss: 1.2720 Take Profit Levels TP-1: 1.2670 TP-2: 1.2645 TP-3: 1.2620 Conclusion: Given the confluence of the Bearish Harmonic Pattern completion, key resistance area, 4-hour trend line, and bearish RSI divergence, we anticipate a bearish reversal from Point D. Traders are advised to enter short positions at 1.2695, with a stop loss at 1.2720. The take-profit levels are strategically placed at 1.2670, 1.2645, and 1.2620 to optimize risk-reward ratios. This analysis provides a well-rounded perspective on the current EUR/USD technical setup, highlighting key factors that support a bearish bias.
Short
by trading_jupiter
GBPUSD Money Heist Plan on Bullish DirectionMy Dear Robbers / Traders, This is our master plan to Heist GBPUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level Police Force is waiting for our arrival, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Long
by Thief_Trader
GBPUSD analysis week 21📌GBP/USD entered a technical correction and closed Thursday down after gaining 0.75% on Wednesday. The pair continued to rebound on Friday and traded near the 1.2700 resistance level. 📌Atlanta Fed President Raphael Bostic acknowledged inflation progress in April but noted that the Fed has not yet begun to ease policy. In a similar tone, Cleveland Fed President Loretta Mester noted that monetary policy was on track while they review more data, and Richmond Fed President Thomas Barking told CNBC that the Index data The latest consumer prices (CPI) show that inflation is not at a low level. The Fed tried to get. 📌The 34, 89 EMA is an important support level for GBP/USD at 1.2630. If the pair touches and confirms this as support, buyers will likely enter the market. In a bullish scenario resistance levels may appears at 1.2700 with a level of 1.2780 (78.6% Fibonacci retracement of the recent decline) if crossed will move towards the psychological level of 1.2800. Vice versa, if GBP/USD closes below 1.2630. This could attract sellers and usher in an extended correction towards 1.2600 (and 1.2540 🕯Trading signals SELL zone 1.27800-128000 SL 1.28300 BUY zone 1.26000-1.25800 SL 1.25500
by TVS-Trader
GBPUSD is oversold. Now is the time to buy Everyone must have seen yesterday’s analysis. Both GBPUSD and EURUSD are in line with my expected decline range of 500-1000. The US dollar also reached a high of 105.5. Oil is back at buying prices. Gold has also come to a profitable price. At present, I simply observed the market. There is currently no better opportunity to earn the difference in gold or oil prices. On the other hand, there are some good deals in Forex. The U.S. dollar index remains near 105.5, which puts strong pressure on the U.S. dollar's upward trend. So when the US dollar pulls back, GNPUSD can add some buy orders. About 600 pips profit Friends who like to trade foreign exchange can trade in moderation. 600 points is equivalent to a 6 dollar fluctuation in gold. (Some people may not know the fluctuation ratio of foreign exchange. Here I will briefly popularize it) In the past, you always failed when trading alone. But everything will change after you follow me. Because we will be the ultimate winner!
Long
by AA_Jack
1
A must-read for trading foreign exchange.EURUSD or GBPUSD The U.S. dollar has also seen a sharp correction during this period, which I believe many traders have seen. The market has also put relatively much pressure on the US dollar. At the same time, it serves as the most valuable storage currency. There was also a sharp decline under the influence of geopolitical sentiment. TVC:DXY But I don't think the dollar will fall significantly in the short term. After all, the market needs to be repaired, and it will take time. It may be necessary to rely on larger news when it falls again. The U.S. dollar index is currently in the process of gradual recovery. I said at the weekend that the index is expected to maintain a range of 105-105.5 this week. At present, the market is in line with my expectations. If you are a friend who likes to do foreign exchange, you can consider selling other currencies by referring to the US dollar index. Priority is given to EURUSD and GBPUSD. The approximate operating space is around 500-1000 points. Pay attention to controlling risks during operation. OANDA:GBPUSD OANDA:EURUSD When the U.S. dollar index reached above 1050.5 and stood firm. You need to consider buying other currencies. These are some of my views on foreign exchange. In the past, you always failed when trading alone. But everything will change after you follow me. Because we will be the ultimate winner!
TVC:DXYLong
by AA_Jack