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Gbpusdforexsignal

GBPUSD - SHORT; SELL it right here!What better of a (short) entry than just as this starts working it's way through that massive Shark on the Weekly ?! ... SHORT Not to mention that up to this point the Pound is the manifestation of everything that could be (and has been) thrown at it (monetarily speaking), including the kitchen sink. E.g., There just isn't much left in the BoE's arsenal that could prop this up any farther vs. the USD, endowing this Short Entry with an excellent Risk/Reward ratio!
Short
by Nemo_Confidat
23
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2900 LEVEL. Before that, you can SELL at 1.2355 LEVEL. So go to GBPUSD SELL ENTRIES.
by benny_marshall
1
GBP/USD Alert: Unrealistic Forecast for UK Inflation? Tomorrow, the latest inflation rate for the UK will be released, which will be significant for traders dealing with GBP/USD due to the perhaps unrealistic forecast for a 2-percentage point drop. It is expected that the inflation rate for April will have significantly dropped to 8.2%. Are markets overly optimist with this forecast? In March, the consumer price inflation rate in the United Kingdom eased to 10.1% on a year-on-year basis, slightly lower than the 10.4% recorded in February but higher than the market's expectation of 9.8%. The British pound has remained strong, with a value around $1.2435, staying close to its 12-month high of $1.2679 reached on May 10th. Currently, money markets predict an 80% chance of the Bank of England raising interest rates by 25 basis points to 4.75% in June, and a 79% chance of a 5% Bank Rate by September. Recently, the BoE increased rates to 4.5%, the highest level since 2008. On the other hand, some expect the US Federal Reserve to pause its current tightening cycle as policymakers carefully consider concerns about inflation's impact on economic growth. There have been positive developments regarding discussions about the US debt ceiling, according to US House Speaker Kevin McCarthy, who mentioned the possibility of a deal being reached tonight or tomorrow. When examining the 4-hour chart, the pair tested an important 50-bar moving average (MA) and attracted buyers on Friday. This MA will continue to be a significant level leading up to the inflation rate data drop. If the GBP/USD pair maintains its upward bias, it will need to contend with the Relative Strength Index (RSI) indicator, which recently dipped below the 50-midline. Should the 50-day MA be breached, the expected trading range for today could be between support at 1.2350 and resistance at 1.2400.
by BlackBull_Markets
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2900 LEVEL. Before that, 1.2350 LEVEL can be SELL. So go to GBPUSD SELL ENTRIES.
by benny_marshall
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2536 LEVEL. After that, you can SELL at 1.2099 LEVEL. So go to GBPUSD SELL ENTRIES.
by benny_marshall
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can sell until 1.23099 LEVEL. After that, you can BUY at 1.2700 LEVEL. So go for GBPUSD LONG ENTRIES.
by benny_marshall
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2382 LEVEL. After that, you can SELL at 1.1580 LEVEL. So go for GBPUSD SHORT ENTRIES.
by benny_marshall
GBPUSD#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2700 LEVEL. Before that, you can SELL at 1.1580 LEVEL. So go for GBPUSD LONG ENTRIES.
by benny_marshall
GBPUSD SELLHappy weekend guys, so a quick one on GU so basically we are looking to sell GBPUSD Why is because on The Monthly TF we are Currently on a down trend, I will break it down Educationally to be very much understanding, so on the weekly/daily we have a support zone or level which ever one you may call it that need to be tested properly before we can eventually see a bullish continuation, selling because we had a very nice down trend market structure and we are Currently on a resistance lvl, also on the Daily TF we broke trend line nicely. So that’s all for now Please drop a Comment on what you also think on GU. Thanks and have a lovely weekend
Short
by GoCrazyfx0
2
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2700 LEVEL. Before that, you can SELL at 1.1837 LEVEL. So go for GBPUSD LONG ENTRIES.
by benny_marshall
#GBPUSDIn the previous analysis, expecting a decrease in the fluctuation range, we obtained the desired targets in the ranges of 1.23690 and 1.22324 and had a reaction to the trend line, but with a negative divergence in the higher time between the 2 peaks, we saw a strong performance for further decrease. And we faced the failure of the trend line. Now we can expect a correction according to the sharp movement, and the correction can be imagined around the ranges of 1.20163 and 1.19618. Currently, we are between the two ranges of 1.24188 and 1.18646, and the most appropriate view, but the broader view regarding the reduction and performance of a double top pattern, cannot be far from the idea that the range of 1.19044 is a very important resistance for it.
by maryammh
2
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.23775 TP: 1.22643 SL: 1.24448 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 broadly exchanged cash matches on the planet. Follow the live GBP/USD rate with the graph and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD figure and key turn focuses information and backing and opposition levels.
Short
by NationForexSignals
1
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.23216 TP: 1.22209 SL: 1.23875 Bias: Short 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 examination. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and obstruction levels.
Short
by NationForexSignals
3
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