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GBPUSD

GBPUSD FREE FALLThe GBP/USD currency pair has recently exhibited a downward trend, driven by macroeconomic uncertainties such as geopolitical tensions and global growth concerns, leading investors to favor the U.S. dollar as a safe haven. Divergent monetary policies, with the Federal Reserve maintaining a hawkish stance and the Bank of England adopting a more cautious approach, have further pressured the pair. Technical indicators show breaches of key support levels like 1.2842, signaling a continuation of the bearish trend. Traders should closely monitor economic data and central bank communications to adapt their strategies.
Short
by edl75
GBPAUD Bulls on Watch – Key Pullback Zone in Focus!We’re closely monitoring GBPAUD for a potential bullish setup. Here’s the plan: 1️⃣ We’re waiting for price to break above the previous highs around 1.96400 and move into the pink highlighted area. 2️⃣ Once price reaches this region, we’ll wait for a pullback to validate our setup before considering an entry. The pullback will help confirm buyer strength, providing a better risk-to-reward trade setup. Patience is key—we’re not chasing price. Instead, we’ll wait for price to come to us, letting the market validate the setup. Stay tuned as we circle back if price reaches this critical zone." Mindset Tip: "A disciplined trader doesn’t chase opportunities—they let the market come to them. Waiting for confirmation protects your capital and reinforces your edge."
Long
by CurlyTrader_xo
1
GBPUSD Is Bullish! Long! Take a look at our analysis for GBPUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.264. The above observations make me that the market will inevitably achieve 1.276 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPUSD Sustained SellsGU unlike EU is actually a bearish market overall and this makes sells more readily available to me. TBH since shifting over to trading gold almost exclusively I can't stand how much slower forex pairs such as GU and EU move by comparison so it is unlikely that I would trade it even if I do end up seeing something but I will call it out if I feel like it needs to do so. That being said, GU is currently in consolidation right now after just breaking out of a previous consolidation. When we look at what GU has been doing over the past few weeks it also shows heavy bearish momentum If you even look at the peak one might even say that price stop hunted high to get rid of sellers who had stops higher, but I'm not quite sure so I won't use that as a confluence within this particular analysis. This is what I see, price stumbling within the consolidation a bit more and then pushing up to about this level or so to get rid of sellers stops within both the consolidation areas and then drop after that. My reason for using this particular path is simple. I think the dealer wants to get rid of sellers but he can't drive price so high such that he gives new sellers a better opportunity - if price goes any higher he may give sellers the signal they are looking for to get in which invalidates the dealer's move. If price gets up to the level highlighted by the blue marker sells are probably off the table temporarily.
Short
by Brandon_evo4
GBPUSD Start thinking of buying. Will find support soon.The GBPUSD pair couldn't have given us a better sell signal last time we looked into it (October 09, see chart below) as it broke first below the 1D MA50 (blue trend-line) then the Bullish Megaphone and is very close to our 1.2550 Target: We are approaching the stage where selling becomes far riskier than buying as the pair is approaching the 0.786 Fibonacci retracement level, which on the September - October 2023 fractal (that has been the basis of our previous sell strategy), formed the bottom and initiated a Channel Up to the (orange) 0.618 Fib. Even the 1D MACD indicates that we are probably a few days before this bottom is formed and will be confirmed with a Bullish Cross. As a result, we are prepared to take this long and target 1.3100 (the 0.618 Fib). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
EUR/USD : First Long, then SHORT! (READ THE CAPTION)Analyzing the #EURUSD chart in the daily timeframe, we can observe that the price is currently trading around the demand zone of 1.056. having declined over 500 pips from previous highs. This decline has brought the price into a significant demand zone between 1.0520 and 1.0580, where we anticipate a potential bullish reaction. If the price manages to hold above this level, we can anticipate a short-term upward move. However, the overall trend remains bearish unless proven otherwise! Fundamentally, the euro has been under pressure due to concerns over potential U.S. tariff hikes following Donald Trump's election victory, which could negatively impact the eurozone economy. Historically, the euro has fallen below the $1 mark twice, including for a few months in 2022 amidst rising U.S. interest rates and the energy price surge from the Ukraine war. A weak euro could raise import costs, potentially spiking inflation, though recent trends suggest inflation may not be a major concern. On the flip side, euro depreciation benefits exporters, particularly in Germany. In summary, while the EUR/USD is currently in a bearish trend, the proximity to a significant demand zone and oversold technical indicators suggest a potential short-term upward correction. However, the overall trend remains bearish unless a sustained move above key resistance levels occurs. THE MAIN ANALYSIS : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
by ArmanShabanTrading
7
A Weaker pound? 1. Baseline Scenario - Macro-Fundamental Bias Dovish. The Bank of England has cut rates by 25bps to 4.75%, with expectations of further cuts due to slowing inflation. Markets are pricing in two 25bps cuts by the end of 2025 with a 92% chance of a third 25bps cut, dispite the Labour Government's fiscal policy expected to be reflationary. There is also a 15% chance of a 25bps rate cut in December. - Short Term Sentiment Bias : Neutral. The pound is moving flat on an index level, indicating no strong short-term sentiment driving the price. 2. Risk Event Baseline - Event Description : Upcoming UK GDP data releases. - Monthly GDP (m/m) forecast: 0.2% (previous: 0.2%). - Preliminary GDP (q/q) forecast: 0.2% (previous: 0.5%). - Market Expectations : Markets are anticipating a slowdown in economic growth, with the preliminary GDP forecast significantly lower than the previous quarter. 3. Surprise Scenarios: - Negative Surprise: - Plan: If GDP data misses forecasts, reinforce bearish positions on GBP pairs. A weaker-than-expected GDP print could act as a catalyst for further pound selling, aligning with the dovish macro outlook and expectations of additional rate cuts.
Short
by Midas_Macro
1
USDJPY - 3 Massive Swings Completed. 4th Swing Ready...USDJPY has been providing us with big swing opportunities. Our last public post resulted in a 1200pip take profit! We are now on the verge of getting our 4th big swing setup. We are in a 5 wave impulse at the moment, indicating that we are in a Wave A (of wave 2) as opposed to a wave 2. This is why we are anticipating price to create an abc correction for wave 2 in the form of 535 zigzag. Trade Setup: - Watch for rejection of the fib level - Confirmation can be the break of the red trendline or any other reversal signs such as BOS - Targets: 148 (950pips), Hold position and taper as we move lower We'll update this setup if we get enough engagement. Goodluck and as always, trade safe! Trade 1: Trade 2: Trade 3: Trade 3 VIP Setup:
by WicktatorFX
7
GBP/USD Weakens Around 1.2665 as USD Gains MomentumAs I write, the GBP/USD pair continues to decline, currently hovering near the 1.2665 mark. The recent rally in the US Dollar has driven it to its highest level since November 2023, exerting pressure on the currency pair. Later today, Bank of England (BoE) Governor Andrew Bailey is scheduled to address the market, which could influence further movements. Recent data from the US Department of Labor Statistics indicated that the Consumer Price Index (CPI) rose by 2.6% year-on-year in October, aligning with market expectations. Additionally, the core CPI, which excludes volatile food and energy prices, increased by 3.3% year-on-year, also meeting forecasts. These figures have led analysts to believe that the Federal Reserve is likely to maintain its course for potential rate reductions at their upcoming December meeting. However, concerns are growing over former President Trump’s proposals to impose higher tariffs on imports, which could stoke inflation. This scenario might compel the Federal Reserve to reconsider its monetary easing strategy. Given the recent CPI data, it appears the US is making only moderate progress in controlling inflation, suggesting fewer interest rate cuts might be on the table for next year. Such dynamics are reinforcing elevated US Treasury yields, further bolstering the value of the USD across the board. From a technical standpoint, there are two key demand zones to monitor. Recent activity suggests that institutional investors are positioning for long opportunities, and seasonal trends appear to support this outlook. Patience will be crucial as traders await a consistent rebound in either of these two demand areas before considering long positions. For now, the USD is likely to maintain its strength against the GBP and other currencies. ✅ Please share your thoughts about GBP/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
by FOREXN1
3
GBPUSD - Is inflation under control in America?!The GBPUSD currency pair is located between EMA200 and EMA50 in the 4H timeframe and is moving in its downward channel. If the downward trend continues due to the release of today's economic data, we can see the demand zones and buy within those zones with the appropriate risk reward. In case of an upward correction, this currency pair can be sold within the specified supply zones. The Governor of the Bank of England noted that the UK’s Consumer Price Index (CPI) does not accurately indicate whether underlying inflation dynamics have been suppressed. There remains a risk of rising energy prices, and inflation within the services sector is notably resilient and persistent. He anticipates greater volatility ahead, with some inflationary drivers potentially shifting upwards. Additionally, according to new data from the Cleveland Federal Reserve, the inflation trend in the U.S. continues to remain above 2 percent. The Median CPI for the previous month was reported at 4.09 percent, a slight increase from 4.08 percent in the prior month. Since June, this measure has only seen a minor decline, from 4.15 percent to the current level. Median CPI is a monthly inflation indicator that measures price changes at the midpoint of a basket of goods. Although this method may differ from the standard CPI, it focuses on items that fall within the midpoint of the distribution. Charts within this report show that other inflation indicators are relatively stabilized, while the decline in the headline CPI is primarily due to a drop in energy prices, which is considered a temporary factor. According to the Federal Reserve Bank of New York, despite ongoing challenges, debt levels remain manageable. Although delinquency rates have risen, income growth continues to outpace household debt growth. In the third quarter, delinquency transition rates varied, with credit card delinquencies improving, while delinquency rates for auto loans and mortgages saw a decline. At the end of Q3, 3.5 percent of debt was in some stage of delinquency, up from 3.2 percent in Q2. Overall delinquency rates also increased during this period. According to the data, credit card balances in Q3 rose 8.1 percent compared to the same period last year, reaching $1.17 trillion, marking an increase of around $24 billion from Q2. Additionally, mortgage balances increased by $75 billion in this period, reaching $12.59 trillion.
Long
by Ali_PSND
XAU/USD : CPI is coming, Bull or Bear ?Analyzing the #Gold chart on the 4-hour timeframe, we can see that after entering the highlighted demand zone, gold has delivered a return of over 270 pips so far and is currently trading around $2611. It’s important to note that today we have the CPI data release, which could significantly impact gold prices. If the CPI figures come in higher than expected, we’re likely to see further declines in gold, and vice versa if the data comes in lower. Key demand zones remain at $2586-$2593 and $2555-$2562, while important supply zones are $2610, $2619-$2626, and $2643. Additionally, the recent sharp declines in gold have created several liquidity gaps, marked in purple on the chart, which are expected to be filled in the medium term as the price recovers. Stay cautious and keep an eye on these levels, as well as the CPI announcement, for potential trading opportunities! The Last Analysis : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSD
by ArmanShabanTrading
66
GbpUsd near a very important pointAt the beginning of the month, GBP/USD made several unsuccessful attempts to reclaim the 1.30 level. Following these attempts, the pair saw a strong decline and is now trading below 1.27. However, GBP/USD is approaching a crucial point on the chart, and a potential reversal may be imminent. As shown in the posted chart, this zone is shaped by three key factors: the ascending trendline from a previously broken triangle, a descending trendline indicating a retest, and two important horizontal support levels. Additionally, with the DXY possibly nearing a correction , this could present buying opportunities in “cable.” My target for a potential reversal is the 1.2850 area.
Long
by Mihai_Iacob
Fundamental Market Analysis for November 14, 2024 GBPUSDGBP/USD extends its decline to 1.26850 in Asian trading hours on Thursday. The US dollar (USD) rally to the highest level since November 2023 is putting pressure on the major pair. Later on Thursday, Bank of England (BoE) Governor Andrew Bailey will deliver a speech. Data released by the US Department of Labor Statistics on Wednesday showed that the US Consumer Price Index (CPI) matched expectations, rising 2.6% year-on-year in October. Meanwhile, the core CPI, which excludes the more volatile food and energy categories, rose 3.3% y/y in October, matching the forecast. Markets expect the U.S. Federal Reserve (Fed) to continue cutting rates at its next meeting in December. “The Consumer Price Index offered no surprises, so for now the Fed will continue to cut rates in December. However, next year is a different story given the uncertainty surrounding potential tariffs and other Trump administration measures,” said Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management. Fed officials remain cautious about cutting rates. On Wednesday, Dallas Fed Chairwoman Laurie Logan said the U.S. central bank should be cautious about further interest rate cuts so as not to inadvertently ignite inflation. In addition, St. Louis Fed President Alberto Musalem said stagnant inflation figures make it difficult for the U.S. central bank to cut rates further. Traders are raising bets on another quarter percent rate cut in December, albeit at a slower pace, before mid-2025. Trading recommendation: Trade predominantly with Sell orders from the current price level.
Short
by Fresh-Forexcast2004
GBPUSD D1 I Bullish Bounce off 78.6%?Based on the D1 chart analysis, we can see that the price is falling to our buy entry at 1.2553, which is a pullback support close to 78.6% Fibo retracement. Our take profit will be at 1.2807, a pullback resistance. The stop loss will be placed at 1.2410, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
1
GBP/USD extends losses as US inflation risesThe British pound continues to lose ground and is down for a fourth straight trading day. In the North American session, GBP/USD is trading at 1.2709, down 0.18% on the day. Earlier, the pound dropped below the 1.27 line for the first time since Aug. 8. US inflation has been on a prolonged downswing but that streak has ended. After decelerating for six straight months, headline CPI for October rose to 2.6% y/y, up from 2.4% in September. The US dollar has responded with modest gains against the major currencies. Monthly, headline CPI was unchanged at 0.2%, in line with expectations. The core rate was unchanged in October, at 3.3% annually and 0.3% monthly, which matched expectations. The jump in inflation may not have been a surprise, but market rate-cut odds have jumped sharply. Just a day ago, the markets had priced in a 58% probability of a cut in December, but this has surged to 82% currently, according to CME’s FedWatch. Inflation is largely contained but by no means defeated. The Federal Reserve has waged a tough battle and is no mood to see inflation rebound. The next inflation report will be released just one week ahead of the Dec. 18 rate meeting and if inflation again moves higher, it’s possible that the Fed will respond with an oversized 50-basis point cut. Another headache for the Federal Reserve could be the Trump election win, with the Republicans winning the Senate and likely the House of Representatives. The incoming Trump administration represents an upside risk to inflation, as President-elect Trump has promised sweeping tariffs on imports, notably China and Europe. If Trump makes good on his tariff threat, goods imported into the US will become more expensive which would boost inflation. That could complicate the Fed’s plans to continue trimming rates in 2025. There is resistance at 1.2781 and 1.2843 1.2685 and 1.2683 are the next support levels
by OANDA