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Gbpusdsignal

GBPUSD Analysis Week 38🌐Fundamental Analysis The GBP/USD pair attracted some dip buying on the first day of the new week amid relatively weak trading conditions due to holidays in China and Japan. The spot price is currently trading around the 1.3135-1.3140 region, up more than 0.10% on the day and still near a one-week high hit on Friday amid prevailing US dollar (USD) selling. The USD Index (DXY), which tracks the greenback against a basket of six currencies, is hovering near its yearly low set in August amid expectations of a more aggressive easing policy from the Federal Reserve (Fed). In addition, a generally positive risk tone further undermines the greenback’s relative safe-haven status. On the other hand, the British Pound (GBP) benefits from expectations that the Bank of England (BoE) will ease policy less than the Fed next year. However, the market is still betting on more BoE rate cuts, especially after data released last week showed a slowdown in UK wage growth and flat GDP for the second month in a row in July. This could deter bulls from placing strong bets on GBP/USD. 🕯Technical Analysis GBPUSD is approaching last week's peak resistance around 1.322. The early Asian session moves pushed the 1.311 support level into a solid session support as the price pushed back. Deeper Fibonacci retracement levels or the key Dow breakout have created two solid support zones for GBPUSD in the uptrend, namely the 1.299 and 1.290 support zones. 📈📉Trading Signals SELL GBPUSD 1.321-1.323 Stoploss 1.324 BUY GBPUSD 1.299 -1.297 Stoloss 1.295
by TVS-Trader
GBPUSD / TRADING BELOW SUPPLY ZONE - 4HGBPUSD / 4H TIME FRAME HELLO TRADERS currently prices trading below supply zone , it suggest under downward pressure. If the price remains under 1.319, it is likely to decrease to around 1.304, with a further potential drop to 1.293. For the price to increase and reach new historical highs. it must break through the supply zone and surpass the all-time high of 1.326. Achieving this would enable the price to rise to 1.333 and possibly even to 1.340. Turning Level : 1.319
Short
by ArinaKarayi
Bearish Reversal in GBP/USD After NFP Data: Key Levels to WatchIn my August 8 analysis, I highlighted the Morning Star pattern, which retested the previous resistance of the broken triangle, signaling a potential reversal to the upside with a target above 1.31 for the next leg up. As anticipated, the price did reverse, and not only was the target reached, but it was also surpassed. However, after breaking above the horizontal resistance level, which marked a yearly high for GBP/USD, the pair reversed. Despite bulls' efforts to regain control, the NFP data provided clarity with a strong bearish engulfing pattern on the daily chart. At the time of writing, the price is sitting right on the former resistance level, which now serves as support. A break below this level could lead to further downside movement toward the psychological 1.30 level, and potentially even the 1.2850 technical support zone. I believe this scenario will play out for "cable," and I'm looking to sell into rallies. However, this outlook would be invalidated if a new high is achieved.
Short
by Mihai_Iacob
8
GBPUSD DONT TRY TO CAUGHT DROPPING KNIFE !!HELLO TRADERS I am looking at GBPUSD since weeks of a bullish trend it had now created a double top and rejecting from this drawn resistance zone as we can see the Recent NFP out and unemployment is dropping in US and increasing in UK we can see DXY is holding a strong support after this data September is full of Volatility so make a proper search before entering any trade Traders have look on fib retracement we have a great opportunity with a lower risk and higher rewards Stay tuned for more updates. we love Ur support to the idea it helps many of us ....
Short
by APEX_TRADING_ACADMEY
GBPUSD I Non-Farm Employment Change Trading Plan 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 straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Short
by BKTradingAcademy
12
GBPUSD Ready for a breakthroughHello 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 Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
GBPUSD Technical Analysis and Trade Idea👀 👉 The GBPUSD pair is currently displaying indications of price extension, approaching a significant resistance area. This technical configuration suggests a potential corrective move. Our trading approach involves identifying opportunities for long positions, contingent upon a retracement to key Fibonacci levels, specifically within the 50% to 61.8% range. It is essential to consider this analysis within the broader macroeconomic context. The recent monetary policy shift by the Bank of Japan, characterised by an interest rate increase, has introduced considerable volatility across global financial markets. Traders should anticipate and factor in the possibility of sustained elevated market volatility, which may significantly influence price dynamics and risk management strategies. The convergence of these technical and fundamental factors presents an intriguing trading scenario. However, it is imperative to emphasize the importance of robust risk management practices. Market participants are strongly advised to conduct comprehensive independent research and evaluate their personal risk appetite before initiating any trading positions. Please note: This analysis is intended solely for educational and informational purposes. It should not be construed as financial advice or an explicit recommendation to execute any particular trade. 📊 ✅
Long
by fxtraderanthony
2
GBPUSD analysis week 35Fundamental Analysis GBP/USD surged in North American trading after Federal Reserve Chairman Jerome Powell gave the green light to interest rate cuts, as he believes inflation is approaching the central bank's 2% target. The pair traded above 1.3200, at a fresh two-year high, up more than 1%. Bets on a 50bps rate cut opening in September have increased after Fed Chairman Jerome Powell, in his speech at the Jackson Hole Economic Conference on Friday, publicly admitted that it was finally time for the US central bank to start pushing down its benchmark interest rate. Next week, GBPUSD traders will want to keep an eye on the upcoming UK bank holiday on Monday. For the rest of the week, UK economic data releases remain limited, although the currency market will pay special attention to the upcoming US Gross Domestic Product (GDP) growth and Personal Consumption Expenditures (PCE) inflation figures due later next week. Technical Analysis: GBPUSD formed a strong uptrend at a two-year high following the latest Fed data. On the D1 timeframe, the EMA 34 is sloping up strongly against the EMA 89, suggesting that the market structure is tilted towards the upside with the nearest trading range around 1.328-1.314. With such a strong rally, the highest the pair can reach next week is around the resistance zone of 1.341. It is quite difficult to find a good SELL point when the market has not reacted to the price at the moment. Any pullback at this point is seen as a good time to buy rather than a trend reversal. The best BUY level is around 1.300 strong resistance zone which GBPUSD has broken through and now forms strong support zone when the pair price returns. Resistance: 1.328-1.342 Support: 1.314-1.300 Trading signals BUY GBPUSD zone 1.300-1.298 Stoploss 1.296 SELL GBPUSD zone 1.342-1.344 Stoploss 1.346
by TVS-Trader
GBPUSD "Cable" Bank Robbery Plan to make and take moneyMy 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 focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish 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, Use Trailing SL to protect our money. Stop Loss : Recent Swing High using 4h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Short
by Thief_Trader
3
Gbpusd 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. Confirm signal Gbpusd buy signal
Short
by JohnHarry_7
GBPUSD: Price almost reached our buying! Time To Swing BuyFX:GBPUSD Price almost fell to our area of entry and will soon be rebounding, the main reason price dropped is strong USD data leading price to drop heavily. We expecting price to rebound strongly towards our take profit. First target can be set at 200+ pips from current price region and long target is 600+ pips. **If you like our work then please like and comment, and follow for more and it will also encourage us to bring you more content** Team Setupsfx_
Long
by Setupsfx_
6