GBP/ USD ! 11/4! Resistance H1 SELL NOW ! not NEWS

4 พ.ย. 2024

GBP/USD trend forecast November 4, 2024

The GBP/USD pair rises to around 1.2970 during Monday’s Asian session, aided by a weaker US Dollar (USD). The USD faces pressure after October's soft US Nonfarm Payrolls (NFP) data, supporting the pair's gains. Following a 50 bps rate cut in September that initiated the easing cycle, the US Federal Reserve (Fed) is expected to lower rates by 25 bps in its November meeting, with markets assigning a 97% probability to this move. The Dollar weakens as traders prepare for the US presidential election and the Fed’s rate decision this week.

There was no USD and GBP news data at the beginning of the week, the price recovered and hit the H1 resistance, along with the 2nd GAP. DOWN to fill liquidity, stabilize the price trend during the week.

/// SELL GBP/USD : zone 1.29970 - 1.30200

SL: 1.30500

TP: 60 - 120 - 200 pips (1.28200)


Safe and profitable trading

4 พ.ย. 2024

การซื้อขายยังคงดำเนินอยู่

Green profits started - prices started to fall

4 พ.ย. 2024

ออร์เดอร์ถูกยกเลิก

+ 20 pips profit signal SELL GBPUSD( 1.29970 - 1.30200)

4 พ.ย. 2024

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

+ 30 pips profit signal SELL GBPUSD( 1.29970 - 1.30200), nice SELL

4 พ.ย. 2024

การซื้อขายยังคงดำเนินอยู่

+ 45 pips profit signal SELL GBPUSD( 1.29970 - 1.30200), amazing