British Pound / U.S. Dollar
Short
Updated

GBPUSD - 7 May, breakout, touch trendline: signal SELL

102
GBPUSD trend forecast MAY 7 , 2025


💬GBP/USD advanced on Tuesday, gaining 0.4% and approaching the 1.3400 threshold, buoyed by optimistic headlines suggesting a potential US-UK trade agreement that could shield Britain from the sweeping tariffs currently being championed by the Trump administration.

Meanwhile, all eyes remain on the Federal Reserve’s pivotal policy decision set for Wednesday. Although markets largely expect rates to stay unchanged, investor attention will center on Fed Chair Jerome Powell’s commentary, searching for any subtle cues that the central bank may be edging closer to a dovish pivot and a potential rate-cutting trajectory.

💬Accumulated price zone, touched downtrend, retested and executed SELL signal (1.33520 - 1.33650)

🥇/// SELL GBPUSD: zone 1.33520 - 1.33650

SL: 1.33900

TP: 40 - 60 - 100pips ( 1.32650 )



Safe and profitable trading
Trade active
Great , + 40 pips signal SELL GBPUSD ( 1.33520 - 1.33650 )

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