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Gbpusdforecast

GBPUSD | Perspective for the new week | Follow-upDespite a choppy situation for the GBPUSD where price action was caught with a range at 1.22500 and 1.21000, the Pound Sterling rose by 0.1% to close the week at 1.22250, and this is likely as a result of the data released earlier on Friday. At this point, I am of the opinion that the data from the macroeconomic events (Claimant Count Change & ILO Unemployment Rate) coming up in the week will have a significant impact on price movement. In this video, we reviewed the charts from a technical standpoint and decided to use the channel (1.22500 and 1.21000) as a yardstick for trading opportunities. 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.
by darcsherry
4
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.23505 TP: 1.22859 SL: 1.24005 Bias: Short GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets dealers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most broadly exchanged money matches on the planet. Follow the live GBP/USD rate with the graph and stay up with the latest with Pound-Dollar news and examination. Plan your exchanges with the GBP/USD gauge and key turn focuses information and backing and obstruction levels.
Short
by NationForexSignals
1
GBPUSD LongTime Frame: 4H Symbol: GBPUSD Entry: 1.23578 TP: 1.24716 SL: 1.22681 Bias: Long GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets brokers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most generally exchanged cash matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and opposition levels.
Long
by NationForexSignals
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - At present the MARKET SENTIMENT for GBPUSD is slightly on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, because the FED is a bit HAWKISH, the XXXUSD PAIRS are getting slightly downward PRESSURE. - The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a bit of a DOWNSIDE BIAS in the MARKET for USD. But after that GBPUSD can BUY until 1.2900 LEVEL. Before that, you can SELL at 1.2148 LEVEL. So go for GBPUSD LONG ENTRIES. Be sure to pay attention to the UK GEOPOLITICAL STATUS. If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT.
by benny_marshall
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.22144 TP: 1.21211 SL: 1.22788 Bias: Short GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most generally exchanged money matches on the planet. Follow the live GBP/USD rate with the graph and stay up with the latest with Pound-Dollar news and examination. Plan your exchanges with the GBP/USD gauge and key turn focuses information and backing and obstruction levels.
Short
by NationForexSignals
GBPUSD LongTime Frame: 4H Symbol: GBPUSD Entry: 1.22285 TP: 1.23210 SL: 1.21673 Bias: Long GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most broadly exchanged money matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and opposition levels.
Long
by NationForexSignals
20 Reasons for buy GBPUSD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: bearish trape at yearly time frame at 38 years support level with a long wick 2 📆Monthly: Multi-month a strong downtrend with a lot of momentum, and currently, the market is in a corrective phase and also has some open area for upside continuation 3 📅Weekly: with a panic bottom break, previous resistance also retested the 38 fib level last week, indicating another strong upside move. Weekly structures also change in character 4 🕛Daily: Daily, a clean uptrend about to start their 3rd impulse move so that we can have an edge ride with it but with proper Risk to reward a 50% chance to win 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: Bullish 6: 2 Pattern Candle Chart: rounding and a classic flag pattern 7: 3 Volume: high volume at every bullish candle, so bulls are in full control this time in the market 8: 4 Momentum UNCONVENTIONAL Rsi: Momentum is sideways, yet as the previous momentum is bullish 9: 5 Volatility measure Bollinger bands: middle band support also in the bullish phase 10: 6 Strength ADX: total sideways 11: 7 Sentiment ROC: GBP beats USD since 2 month ✔️ Entry Time Frame: H4 12: Entry TF Structure: bullish 13: entry move: right corrective 14: Support resistance base: previous wick order block 15: FIB: wait, yet ☑️ final comments: we can buy 16: 💡decision: Buy 17: 🚀Entry: 1.2180 18: ✋Stop losel: 1.2085 19: 🎯Take profit: 1.2837 20: 😊 Risk to reward Ratio: 1:7 🕛 Excepted Duration: 1 month
Long
by Optimum369
GBPUSD is preparing for a rise!Currency Pair : GBPUSD Possible direction : Bullish Technical Analysis : Price has formed a bull flag after strong impulse to the upside. Currently after grabbing liquidity from support price is preparing to breakout from the bull flag. Upon breakout of the bull flag, on the retest of the previous resistance as support. A bullish trade is high probable. Possible trade recommendation : Bullish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Long
by ForexWizard01
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.21260 TP: 1.20413 SL: 1.22013 Bias: Short GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets dealers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most broadly exchanged cash matches on the planet. Follow the live GBP/USD rate with the diagram and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD estimate and key turn focuses information and backing and opposition levels.
Short
by NationForexSignals
1
GBPUSD LongTime Frame: 4H Symbol: GBPUSD Entry: 1.21207 TP: 1.22254 SL: 1.20309 Bias: Long GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets brokers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most generally exchanged money matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and opposition levels.
Long
by NationForexSignals
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - At present the MARKET SENTIMENT for GBPUSD is slightly on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, because the FED is a bit HAWKISH, the XXXUSD PAIRS are getting slightly downward PRESSURE. - The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a bit of a DOWNSIDE BIAS in the MARKET for USD. But after that GBPUSD can BUY until 1.2900 LEVEL. Before that, 1.1946 LEVEL can be SELL. So go for GBPUSD LONG ENTRIES. Be sure to pay attention to the UK GEOPOLITICAL STATUS. If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT.
by benny_marshall
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.18751 TP: 1.17587 SL: 1.19353 Bias: Short The development example of cost across all matches is going through a period of negative assault. As a result of forthcoming sorrow as is anticipated by IMF and World bank, the worldwide monetary emergency is approaching around which will have direct effect in many business sectors including stock, monetary forms ,unrefined and other significant verticals. Our projection here depends on late value motions and momentary hasty open doors.
Short
by NationForexSignals
1