36K long removed by last 4 weeks & 20K shorts increased. Net position 57k shorts increase by last 4 weeks. longer term view by 10 weeks 48k long removed, 27k shorts increased. Net position changed by last 10 weeks increased 75k shorts. 23% shorts increased by last 4 weeks while 29% shorts increased by last 10 weeks. Net impact is bearish by Non-Commercials....
last Friday. After the United States released its seasonally adjusted non-agricultural employment (ten thousand people) in April, the announced value was lower than the previous value, and expectations were significantly lowered. The pressure on the dollar is enormous. Therefore, the US dollar fell sharply after the data was released last Friday. The lowest...
OANDA:GBPUSD is in bearish trend forming a series of Lower Lows and Lower Highs. It is now retracing towards premium 50-75% fibonacci levels where we can look for short setups.
GBP/USD tumbles below crucial 1.2500 as bears move in GBP/USD turned south and dropped below 1.2500 in the American session on Thursday. The US Dollar continues to push higher following the Fed-inspired decline on Wednesday and doesn't allow the pair to regain its traction. From a technical standpoint, the GBP/USD is showing a neutral to downward bias. This is a...
Coming up: BOE's rate decision week Morgan Stanley has asserted that the Bank of England might still opt for an interest rate cut in the coming week, a stance that stands out amidst dwindling market confidence in such a move. Morgan Stanley’s opinion diverges notably from the consensus, which suggests an initial rate cut by the BOE in September. Backing Morgan...
GBPUSD - 24h expiry The primary trend remains bearish. Price action looks to be forming a top. Bearish divergence is expected to cap gains. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.2560. We look to Sell at 1.2560 (stop at 1.2596) Our profit targets will be 1.2470 and 1.2430 Resistance: 1.2560 / 1.2590 / 1.2630 Support:...
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...
🏃♂️ GBPUSD is moving in the 🔴 Resistance zone($1.256-$1.250) 🔴and near the Yearly Pivot Point and 200_EMA(Daily) . 💡According to the theory of Elliott waves , GBPUSD seems to have completed five impulse waves . And now we have to wait for correction waves . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔I expect GBPUSD ...
Dear Traders, As DXY remain extremely bullish since a week now, price have dropped heavily, in fact more than any other dxy pairs; and there is strong reason behind for it, GBP was dropping due to only economic sides not favouring it. Now, DXY and GBP have started making few corrections in their respective trends. What we are looking at here is a strong...
Dear Traders, Hope you are doing great, we have a upcoming great selling opportunity on GBPUSD. DXY may become weaker until Thursday where we can start having major news on DXY. The economic news expected to come in favour for USD although, the market will be too volatile so we ask you to follow accurate risk management. As always if you like or agree with our...
The Pound Sterling reverses its course against the US Dollar, after extending its gains past the 200-day moving average (DMA). However, data from the United States (US), showing that inflation could be picking up, as shown by the Employment Cost Index (ECI), bolstered the Greenback. Therefore, the GBP/USD trades at 1.2517 down by some 0.36%, after hitting a daily...
As per my system, i received some confirmation that makes me confident about a short entry here on GBPUSD. This setup is high risk, and personally i incresed the RR reducing the stoploss, but i shared this ideas with lower RR to avoid spikes. Good luck
GBPUSD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
In for 4hour gbpusd short after close candel short position activeeeeeeeeeeeeeee
Hi Traders, Looking on a GBPUSD we can see price respects our monthly IRL, then shoots down leaving an imbalance on our daily time frame, as it takes out our ERL and giving us a clear MSS, so we will look for entry properties on our H1 time frame on the daily FVG/IRL. Best Of Luck CharlesFX
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...
GBPUSD is technically moving to a downward price , expecting it to touch the yesterday's low at least as first TP.