GBPUSD ! market is quiet - trendline H1 is uptrend
Updated
GBP / USD trend forecast December 10, 2024
The GBP/USD pair hovered near 1.2750 on Monday, starting the week in a narrow range, close to where it ended last week. Traders are anticipating the release of the key US Consumer Price Index (CPI) inflation data midweek. With a quiet economic calendar in the UK, Pound Sterling is expected to follow broader market sentiment.
Monday proved uneventful for Cable traders. Bank of England (BoE) Deputy Governor Sir Dave Ramsden, who oversees Markets and Banking, emphasized the need for the BoE to remain "vigilant" amid rising uncertainties surrounding the UK’s economic outlook. However, his comments drew little reaction from the market.
Today, Tuesday, there is no news that affects the price of GBPUSD. The price moves within the uptrend line.
/// BUY GBPUSD : zone 1.37400 - 1.37200
SL: 1.36800
TP: 50 - 120 - 200pips (1.39200)
Safe and profitable trading
The GBP/USD pair hovered near 1.2750 on Monday, starting the week in a narrow range, close to where it ended last week. Traders are anticipating the release of the key US Consumer Price Index (CPI) inflation data midweek. With a quiet economic calendar in the UK, Pound Sterling is expected to follow broader market sentiment.
Monday proved uneventful for Cable traders. Bank of England (BoE) Deputy Governor Sir Dave Ramsden, who oversees Markets and Banking, emphasized the need for the BoE to remain "vigilant" amid rising uncertainties surrounding the UK’s economic outlook. However, his comments drew little reaction from the market.
Today, Tuesday, there is no news that affects the price of GBPUSD. The price moves within the uptrend line.
/// BUY GBPUSD : zone 1.37400 - 1.37200
SL: 1.36800
TP: 50 - 120 - 200pips (1.39200)
Safe and profitable trading
Trade active
+ 25 PIPS , signal BUY GBPUSD 1.37400-1.37200, NICE 
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