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...
Here on gbpusd price has reached the psychological level of 1.27500 and try to make another move . Look at elliot wave is also predict buying meaning that going for LONG is needed. At this point we should be targeting profit at level of 1.28000 ,1.28500, 1.29000
The Pound Sterling (GBP) gains strength as market sentiment improves, driven by a growing appetite for risk-sensitive assets. This sentiment is reinforced by soft wage growth and a sharp rise in the Unemployment Rate reported by the United States Bureau of Labor Statistics (BLS) for February.
The outlook for the GBP/USD pair remains positive, with widespread...
Dear Friends,
Unfortunately our last two ideas on GBPUSD and price did not drop as mention in our charts. Right now, what we think is price will likely to remain bullish at least up to 1.3100 area. Entry can be around 1.2781 with possible 100-150 pips stop loss and take profit to be at 1.3100 which would be 300 pips.
Good Luck and Trade Safe!
Hello Traders
In This Chart GBOUSD HOURLY Forex Forecast By FOREX PLANET
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The US greenback bolstered on Friday, poised to interrupt a three-week dropping streak, fueled via way of means of issues approximately US inflation facts exceeding expectancies. The facts motivated marketplace expectancies of the Federal Reserve`s hobby charge choices for the relaxation of the year.
On Thursday, the United States manufacturer rate index for very...
Here on GBPUSD price has made a rebound around psychological level of 1.28000 and Elliot Wave also pridicting buy this means that going for LONG is needed and targeting profit should be around 1.28500 , 1.29000 , 1.29500 . Use Money mangement
GBPUSD is currently in a bullish trend.
Price is forming a bullish flag pattern, indicating a potential continuation of the uptrend.
The pair is finding support at the 50% Fibonacci retracement level, adding confluence to the bullish bias.
What you guys think of this idea ?
The level of 1.2790 previously acted as strong resistance during consolidation. Currently, the price is testing this level with the intention of make it as new support. We are awaiting a potential buy signal on this chart.
In the 4-hour timeframe, GBP/USD appears to be exhibiting a bullish trend, supported by a breakout from a descending channel pattern. Additionally, the completion of a 50% retracement further strengthens this bullish bias. Traders may consider looking for buying opportunities as the pair potentially continues its upward momentum.
Here on GBPUSD price has made a rebound on psychological level of 1.28000 and now heading up .As We can see that Elliot Wave is also predicting buy.At this point going for LONG needed and targeting profit should be around phycological level of 1.28500 and 1.29000
Here on GBPUSD price has made a double bottom around psychological level of 1.28000 this show that the probility of price moving upward is very high and looking at Elliot wave it preducting up so at the point going for LONG is needed and targeting profits should be around psychological levels of 1.28500 and 1.29000. Is important to use money management . Also...
Hello Trader" what do you think about gbpusd
Certainly! Here's another way to phrase your analysis:
"I've observed a bullish momentum in GBP/USD, with the current price at 1.28080. My analysis suggests that the market might test resistance zones around 1.27900 and 1.27500. In case of a pullback, I anticipate demand zones at 1.30040 and 1.31400. To manage risk,...
Welcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
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The upward momentum for GBPUSD D1 continued strongly with the sixth consecutive day of gains last Friday. Friday's up D1 bar was structurally important because it broke out - from the most recent price high, confirming GBPUSD D1 return to the uptrend, as it established a new price high.
GBPUSD H1 accelerated as it created an upward sloping price channel with a...
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