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The GBP/USD (British Pound/U.S. Dollar) is the abbreviation for the British pound and U.S. dollar currency pair....
GBP/USD Technical Analysis with Sentiment Data:
Current Price and Support Levels: As of the latest close, GBP/USD is trading at 1.23791. It's important to consider that the current price is in close proximity to significant support levels at 1.23784, 1.23141, and 1.22637. These levels have historically acted as robust areas of price support, potentially...
GBPUSD
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Strategy Bullish
The British pound held firm around $1.28, staying close to its peak of $1.2848 recorded in June 16th, as hotter-than-expected inflation numbers raised anticipation among investors that the Bank of England would respond to the persistent inflationary pressures by implementing further interest rate hikes....
GBPUSD
stabilizing above 1.31000 will support rising to touch 1.31444 then 1.31683 then 1.31988
stabilizing under 1.31000 will support falling to touch 1.2996 then 1.2949
pivot price: 1.31000
Resistance prices: 1.31444 & 1.31683 & 1.32248
Support prices: 1.2996 & 1.2949& 1.2885
timeframe: 4H
Hello dear trader or investor
Today we share another chart about Gbpusd so it’s clearly we seen on chart
So its chance to made fall
So what’s you think about it?
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GBPUSD Uplink formed
The main goal is to buy from the support level for the next week
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My analysis explains for itself, it did the break and retest about 3 times to drop further,so im just following the pattern,and im hoping it drops to my support, if it does go against me,this pair will officially be buying for the upcoming week
Price tested the resistance zone for the third time, but it did so impulsively in the 1HR timeframe, but on the bigger timeframes a continuation pattern to the downside is almost established. I will be looking to sell once price breaks support.
GBPUSD Selling with a level breach
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We have a possible movement to the down side. We are waiting for price to break the support level and retest for confirmation
Here are the key factors to keep in mind today for British Pound trades:
UK Retail Sales: UK Retail Sales for August are predicted to decrease by 0.3% monthly and to increase by 2.3% annualized. Forex traders can compare this to UK Retail Sales for July which increased by 0.2% monthly and by 2.9% annualized. UK Retail Sales Including Auto and Fuel for August are...
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GBPUSD symmetrical triangle Trade.
Note: This is only for Educational Purpose this is not Investment advice.
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Adil Khan.
