FX:GBPUSD GBP/USD extends losses and trades at fresh multi-month lows below 1.2450 even after the January month UK GDP was revised higher to 0.3%. The negative shift seen in risk mood fuels another leg higher in the USD and drags the pair lower.
OANDA:GBPUSD GBP/USD is advancing toward 1.2700 in the European trading hours on Tuesday. The pair benefits from a fresh leg lower in the US Dollar even as traders stay cautious and refrain from placing fresh bets ahead of Wednesday's US CPI data.
This pair has been ranging in between 125.400 and the 128.200 since the year began. If price keeps reacting the way it has been at these levels we are likely to see price increase, especially after the recent liquidity sweep. Let me know your thoughts on this trading idea.
On GBPUSD look for buy opportunities..Upwards trends on GBPUSD don't try to sell u will be trapped by marked
For nearly six months, the price action of FX:GBPUSD has been rather dull, to say the least, with the pair confined within a 250-pip range. This stagnation is particularly notable for a pair as volatile as the cable. However, upon examining a weekly chart, we can draw some conclusions and gain perspective on potential future movements. Three factors lead me to...
If you're interested to trade Gbpusd look for buy opportunities. Set a buy limit at 1.24800
Hello traders, in my yesterday's GBP/USD analysis published 2 hours before the US CPI data release, I predicted that GBP/USD will most likely fall towards the support level near 1.2550. (previous idea attached below) As you can see, GBP/USD is back to the support zone, price went as low as 1.2520. So, I am looking at the possibility of a buy entry here. If price...
Hello Traders, here is the full analysis. The completed correction, recovery and formation, continuation of growth. GOOD LUCK! Great BUY opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about...
Hello traders, with CPI data coming out in less than 4 hours, let us take a look at the 4H chart of GBP/USD. The situation on the 4H chart is definitely bullish as price has bounced off the 1.2540 support level and currently it is consolidating above the 100 period moving average. However, spikes or dips during CPI can not be ruled out. So, is there is a dip...
If one would have checked the recent flightlogs of the GBP performance he might have been astounded what he would discover: GBP emerges from the first trading week of the year as the strongest currency and the signs look great for a further rally of the pound: 🟢GBP Positive:🟢 - 🟢 The PMIs in the UK have recently surprised on the upside and so there is light...
Hello 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...
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 has recently shifted to a bullish institutional order flow, prompting us to identify key areas of interest conducive to the bullish bias . Currently, we're observing a mitigation block situated at premium prices , serving as an initial entry point for our bullish trajectory. Alternatively, should the premium point not materialize, we await a dip into...
Dear Traders, Regarding GBPUSD, we have observed a shift in momentum, presenting an opportunity to fill gaps in the market. Currently, the price is exhibiting significant bullish pressure and is likely to maintain this trend. We recommend considering both entry points, with a backup option in case the first fails. This trade has the potential to be lucrative if...
GBP/USD clings to 1.2650 amid improved risk appetite, awaits US CPI GBP/USD holds ground in the positive territory, hovering around 1.2650 during the early Tuesday. The pair gained ground on improved risk appetite ahead of Consumer Price Index data scheduled on Wednesday. The Sterling has opened the week on a slightly bullish tone. A somewhat softer US Dollar...
Hello traders, let us take a look at the daily chart in GBP/USD. First of all, I would like to draw your attention towards the highlighted elliptical zone in the chart. If you look at the price action, you will see that there are signs of reversal in this zone. The last daily candle indicates bulls are back in the game Secondly, the horizontal support level...
In this video, I'll conduct a comprehensive analysis of GBPUSD , examining it from a High Timeframe (HTF) perspective down to our Low Timeframes (LTF) . This approach will provide insights into what to expect in trading for the upcoming week. Additionally, I'll delve into an analysis of the DXY to further enhance our understanding of market dynamics. Stay...
As you can notice on the chart the market is coming down to the area where we have our OB placed, BUY GBP/USD at 1.26628 and set your TP and SL as sat on the chart! For further questions, the comment section is all yours!