Hello,Traders! GBP-USD was trading in a Rising channel pattern but Now we are seeing a bearish Breakout so we are bearish Biased now and we will Be expecting a further Local move down Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_USD broke the rising Support line and the breakout Is confirmed so we are Bearish biased now and we Will be expecting a Bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The Pound Sterling (GBP) continued its decline against the US Dollar (USD) for the third consecutive trading day on Monday. The GBP/USD pair is currently hovering near its monthly low, around 1.2660, as the Federal Reserve’s (Fed) hawkish stance on interest rates maintains the US Dollar's strength. Fundamental Analysis Federal Reserve's Interest Rate Outlook...
Cable had a volatile week, driven almost entirely by top tier US data (US CPI, FOMC forecasts). The welcomed inflation data on Wednesday and subsequent rise in the pair was pulled back a few hours later with more hawkish revisions to the inflation outlook. Since then FX markets have prioritized the hawkish projections over the encouraging inflation data – the...
Hello guys, Relatively straight-forward idea here. Price took out buyside liquidity in the form of equal highs, on an additional level outside the view of the chart as well. This is a trade to retrace back into a discount and take out sellside liquidity, as well as return to a weekly BISI. Trade is illustrated at a market order at current price with stoploss...
The British Pound (GBP) fell below the key support level of 1.2800 against the US Dollar (USD) during Thursday's trading session in London. The GBP/USD pair corrected sharply after rising to near a three-month high of 1.2860, inspired by a cooler-than-expected United States (US) Consumer Price Index (CPI) report. in May. Cable posted decent gains as the US...
Hello everyone, let's join Rena today to take a look at some information and trend forecasts for the GBP/USD currency pair! Currently, the GBP/USD pair is trading around 1.2650. The main factors affecting the trend of this currency pair are: Monetary policy of the Bank of England (BoE) and the Fed: The Bank of England (BoE) is keeping interest rates high to...
The GBP/USD pair continues to face downward pressure, gradually moving toward the 1.2700 level during the European sessions on Monday and Tuesday. This level has historically acted as a strong support area, with the price rebounding several times previously. Market Dynamics Sustained Downward Pressure: The GBP/USD remains under selling pressure due to...
Hello traders! Let's delve into the GBP/USD trend for June 13, 2024, following the higher-than-expected UK CPI data release. The GBP/USD market is experiencing volatility with various conflicting factors. GBP/USD is currently trading around 1.2250, up slightly from yesterday. GBP/USD is likely to continue its upward trajectory in the short term due to: ...
OANDA:GBPUSD has moved more than 100+ pips down on NFP. Currently, It has been forming Higher Highs and Higher Lows of 15min TF indicating the potential correction of unsustainable new momentum. We can look for long opportunities
Hello,Traders! GBP-USD is going down In a bearish correction But will soon hit a Strong horizontal support Of 1.2683 from where A bullish rebound Is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
SELL on the theory markets ranges 70% of the time, and SELL on the theory markets retraces HALF of the previous leg 90% of the time. Entry on 1h TF is recommended. Breakdown already imminent.
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial...
SELL on the theory markets ranges 70% of the time, and SELL on the theory markets retraces HALF of the previous leg 90% of the time.
GBPUSD Analysis(15M TF) BUY/SELL SCENARIOS: 🟢BUYS: Price comes down, test and respect the 15M OB at the 1.27152 level. A Bullish CHOCH is required in order for the BUY Set up to be A+. 🔴SELLS: Price Dumps Past the 1.27061 level. If this happens with a body candle close, Sells after a Break and Retest of the Failed 15 minute OB is possible to target lower prices.
Hello,Traders! GBP-USD retested the Horizontal support of 1.2688 And we are already seeing A bullish rebound so We will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_USD is going down to retest a horizontal support of 1.268 Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 1.272 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Sell Stop due to - Bearish Divergence - trend change & breaking the previous HL