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Gbousd

GBPUSD 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 trades with the GBP/USD forecast and key pivot points data and support and resistance levels. GBP/USD continues to fluctuate in a narrow band near 1.2800 in the American session on Wednesday. Earlier in the day, the data from the UK showed that the real GDP expanded by 0.2% on a monthly basis in January as expected but failed to trigger a reaction in the pair. The Relative Strength Index (RSI) indicator on the 4-hour chart stays near 50, reflecting a lack of directional momentum. In case the pair stabilizes above 1.2800, where the mid-point of the ascending regression channel meets the Fibonacci 23.6% retracement of the latest uptrend, it could target 1.2850 (static level) and 1.2880 (upper limit of the ascending channel, end-point of the uptrend) next. confirm chart
Short
by Mark804
GBPUSD What Next? SELL! My dear subscribers, My technical analysis for GBPUSD is below: The price is coiling around a solid key level - 1.2735 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.2688 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
BluetonaFX - GBPUSD Potential Head and Shoulders BreakHi Traders! We have a potential Head and Shoulders break on the GBPUSD 1D chart. The price action is telling us that there is a bearish bias due to the market having lower highs and lower lows; additionally, the market is also below our 20 EMA. We are looking for a break and a close below the neckline at the 1.25479 area which is August 2023's low. As long as we remain below the 20 EMA (we MUST stay below the 20 EMA) our bearish view will continue. Please do not forget to like, comment, and follow, as your support greatly helps. Thank you for your support. BluetonaFX
by BluetonaFX
1
GBPUSD | Perspective for the new week | Follow-upA follow-up video to the previous analysis on the GBPUSD where we scooped over 400 pips profit (see link below for reference purposes). The US dollar continues to plunge since the beginning of the year as fear of recession mounts. To further mount pressure on the Greenback is the data from the U.S. retail sales which fell by the most in a year in December and manufacturing output recorded its biggest drop in nearly two years, stoking fears that the world's largest economy is headed for a recession. In this regard, this video shed a technical light on the current market structure where the identification of flat channel around the 1.24000 and 1.23350 will serve as a yardstick for trading activities for the new week. Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
6
GBPUSD > The Perfect Setup for A Buy Entry!!Analysis of #GBPUSD Hi traders, today we will have a look at #GBPUSD the GBPUSD is in this beautiful wedge pattern as you can see on my chart, the market tested its trendline resistance and now started a move down, if you check y previous ideas on the GBPUSD where I explain why I expect the pound to move lower. now, there is a very good support zone that coincides with trendline support near the 1.165-1.1600 key market level. if the market drops to my key market support level I will drop a one-time frame looking for a bullish reaction to get in a buy trade with good reward to risk if the rules are met. I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Long
by TheTradersAvenue
22
XAUUSD Daily Analysis: 02.26.2022As you can see, The price has been consolidated up to the $1850 and now is surfing over an upward trend line. If it can close itself over $1920 again, the doors would be opened for experiencing $1975 after a while. Otherwise a price falling until $1850 would be expected. f you liked this idea or having your own opinion about it, I would be glad if you write it down in the comment section. 👤 Yazdan Ganjabi: @YazdanGanjabiTrading 📅 26.Feb.22 ⚠️(DYOR)
FX:XAUUSD
by YazdanGanjabiTrading
8
GBPUSD | The best scenario for climbing📝Hello traders , GBPUSD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. In our count, we conclude that we are in a leading cycle, and that this cycle is probably related to a larger zigzag . In this count, waves 1, 2, and 3 are certainly complete, and as we said in the previous analysis, we considered two scenarios to continue the process. One of the scenarios was that the trend was done before breaking the downtrend and this downturn would continue until around 1.2700 and with this move, wave c would be formed in the form of a triangle and then wave 5 would start. But in the next scenario, we gave the possibility of breaking the channel and said that after this failure, wave 5 has been confirmed But we still have doubts about this ascent, and to alleviate this first feeling, we consider a sideways movement that was related to microwave 2 from wave 5, and breaking the end of wave b from wave 4 is necessary to ensure the continuation of the ascending trend. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
Long
by mahdisoltaninjad
2