The USD stabilized after the DXY index ended the week at a record high in more than a month, approaching its 2024 peak. The dollar has strengthened recently, contrary to expectations that the greenback would weaken as the Fed moves closer to cutting interest rates. Now, expectations of interest rate cuts by other central banks are also helping to support the...
The analysis for GBP/USD suggests that the currency pair is currently at a significant support level, which it has respected historically. This support level has been pivotal in guiding the price action of GBP/USD, with previous resistance having converted into support. The main support area is identified between 1.25350 to 1.25900, indicating a critical zone...
I analysed it, There is buying opportunity for GBPUSD at market price and Price should go up Buy 1.26000 Target 1.28000 SL 1.25650 This is my analysis for GBPUSD
GBP/USD came under heavy bearish pressure on Thursday and lost more than 1% on a daily basis for the first time since October. The pair continues to push lower on Friday and was last seen losing more than 0.5% below 1.2600. The Bank of England maintained the bank rate at 5.25% as widely anticipated. The policy statement revealed that seven policymakers voted in...
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...
Here on GBPUSD price has made a rebound around psychological level of 1.26500 ad want to move up so we are expecting to go LONG and targeting profits should be around psychological level of 1.27000
Here gbpusd has made a double bottom on 1hr timeframe which means that price will go up . Also the Elliote wave predicted that . So it important to use money management while going for LONG
Educational Analysis says GBPUSD may move in this range for some time according to my technical. Broker - FXCM This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because the market is in an uptrend on 4 hour zoom out time frame, the market tried to put fake Change of Character duping the traders for a...
Happy Wednesday Everyone! I trust everyone is bless. New potential swing trade for 2/4 - GU Higher Time Frame Analysis - Lower Time Frame Entry - Price broke previous daily resistance, now support.(Also weekly support) - Daily strong bullish trend line. - As we look to close the first 3M candle for the year, if the markets holds above the support...
GBPUSD looking to rise to 1.29. This is only a retracement as the overall structure is still bearish. We buy for now.
GBPUSD - 24h expiry Previous resistance at 1.2700 now becomes support. Offers ample risk/reward to buy at the market. Daily signals are mildly bullish. Bullish divergence is expected to support prices. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to Buy at 1.2700 (stop at 1.2666) Our profit...
We have identified a new Order Block on the GU H1 chart. Although this demand level is not particularly robust, we can consider entering a long position with low risk. The risk-reward ratio for this trade is 1:5.
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . GBPUSD long ! 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 it, write in the comments. I...
I anticipate price heading towards the demand area first. So, early in the week, there might be a potential buying opportunity around the 1.27000 region, where the 9-hour demand is located. However, I'll exercise caution due to the presence of an Asian low, ensuring I don't enter too early. Ideally, I'd prefer to see the Asian low swept and the 3-hour demand...
Hello Traders! This is my forecast for GBPUSD H1. I expect the price to close the FVG and to retrace from the resistance level. In case of confirmation, I will execute a long trade. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to...
GBP/USD came under modest bearish pressure and declined below 1.2750 in the American session. The US Dollar benefits from the risk-averse market atmosphere, as reflected by the bearish action seen in Wall Street, and weighs on the pair heading into the weekend. GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells...
GBP/USD came under modest bearish pressure and declined below 1.2750 in the American session. The US Dollar benefits from the risk-averse market atmosphere, as reflected by the bearish action seen in Wall Street, and weighs on the pair heading into the weekend.
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...