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Gbpusdforecast

GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.21157 TP: 1.19514 SL: 1.22292 Bias: Short The economic calendar today is focused on U.S. and EZ data with building permits set to push lower to its lowest level for 2022 and may provide cable with some upside momentum. With regards to the eurozone, consumer confidence is forecasted at improving from the November read leaving the door open for additional euro strength should the actual data come in line or exceed expectations.
Short
by NationForexSignals
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.22044 TP: 1.20573 SL: 1.22977 Bias: Short It is difficult to provide real-time or future forecasts for financial markets. It is important to note that financial markets are highly dynamic and subject to a wide range of factors that can affect their movements. As a result, it is not possible to accurately predict their future performance with certainty. We have done our best to project probable direction on the chart.
Short
by NationForexSignals
1
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is on the UP 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. - The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a DOWNSIDE BIAS in the MARKET for USD. But before that GBPUSD can SELL until 1.1910 LEVEL. Then you can BUY at 1.2901 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 | Perspective for the new week | Follow-upDespite a strong bullish trait that started the month of November 2022, the Pound has a tendency to spark further weakness following an upbeat US NFP report on Friday as price action retest a strong selling niche at the $1.23000 zone. In this video, we looked at the chart from a technical perspective where much emphasis was laid on the selling pressure identified below the 1.23000 level on the lower timeframe and as a result of this, we're able to illustrate possible structures to look out for in the new week to take advantage of a trading opportunity. 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 : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is on the UP 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. - The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a DOWNSIDE BIAS in the MARKET for USD. But before that GBPUSD can SELL up to 1.2065 LEVEL. Then you can BUY at 1.2900 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. gbpusd
by benny_marshall