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Gbpusdlong

GBPUSD H1 / Potential Bullish Retracement💡Hello Traders! This is my forecast for GBPUSD H1. I expect the price to close the FVG and to retrace from the resistance level. In case of confirmation, I will execute a long trade. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
Long
by GoodTradeST
GBP USD buy long Target GBP/USD came under modest bearish pressure and declined below 1.2750 in the American session. The US Dollar benefits from the risk-averse market atmosphere, as reflected by the bearish action seen in Wall Street, and weighs on the pair heading into the weekend. 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. Confirm signal
Long
by JohnHarry_7
GBPUSD LONG SIGNALGBP/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 came under modest bearish pressure and declined below 1.2750 in the American session. The US Dollar benefits from the risk-averse market atmosphere, as reflected by the bearish action seen in Wall Street, and weighs on the pair heading into the weekend The Fibonacci 38.2% retracement of the latest uptrend aligns as key resistance at 1.2750. If GBP/USD fails to reclaim this level, sellers could look to retain control. In this scenario, 1.2720-1.2710 (Fibonacci 50% retracement, 100-period SMA) could be seen as the next support area before 1.2670 (200-period SMA, Fibonacci 61.8% retracement). CONFIRM SIGNAL
Long
by Mark804
1
GBPUSD | Perspective for the new week | Follow-upThe Pound Sterling (GBP) gains strength as market sentiment improves, driven by a growing appetite for risk-sensitive assets. This sentiment is reinforced by soft wage growth and a sharp rise in the Unemployment Rate reported by the United States Bureau of Labor Statistics (BLS) for February. The outlook for the GBP/USD pair remains positive, with widespread expectations that the Federal Reserve (Fed) will cut interest rates before the Bank of England (BoE), potentially narrowing the policy gap between them for the foreseeable future. While investors anticipate a Fed rate cut in June, the BoE is seen likely to follow suit from August onward. Despite inflation in the UK remaining higher than other developed countries in the Group of Seven (G-7) nations, driven by robust wage growth, market volatility is anticipated, particularly as expectations for a June rate cut decision by the Fed solidify, following Fed Chair Jerome Powell's less hawkish tone in his recent congressional testimony. GBPUSD Technical Analysis: Will the pound continue its trajectory and sustain its momentum above the $1.28000 zone? The spotlight is on high-impact economic events from the US docket for clues. Brace yourselves as the anticipation and the actual events may trigger sharp price movements that could present incredible trading opportunities. In this video, we've analyzed the daily and 4-hour timeframes, exploring bullish and bearish sentiments to uncover the most promising trades for the week ahead. We've delved into key levels, trendlines, and support/resistance points, unveiling essential insights into the current market structure. We are keeping a close eye on the potential range between $1.28000 and $1.28900 where a breakdown or breakdown could incite the next BIG move. It's a decisive structure where both sellers and buyers will be vying for control, and how the market reacts here will set the course for GBPUSD in the upcoming days. Stay connected and join the conversation in the comment section to stay updated on the latest developments. Thank you for tuning in, and get ready for more enlightening insights into GBPUSD in our upcoming content. Buckle up for a thrilling journey ahead! Happy trading! Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
by darcsherry
GBPUSD: The USD increased due to concerns about US inflationThe US greenback bolstered on Friday, poised to interrupt a three-week dropping streak, fueled via way of means of issues approximately US inflation facts exceeding expectancies. The facts motivated marketplace expectancies of the Federal Reserve`s hobby charge choices for the relaxation of the year. On Thursday, the United States manufacturer rate index for very last call for in February turned into stated to have expanded 0.6%, surpassing the 0.3% boom predicted via way of means of economists. This follows reviews from Tuesday displaying customer charges rose considerably for the second one instantly month in February. While the Federal Reserve is about to convene subsequent week, no modifications to hobby charges are predicted at this meeting. However, traders are eagerly looking ahead to the Fed's financial forecasts and feedback from Fed Chairman Jerome Powell. Recent inflation reviews have dampened traders' expectancies, with the opportunity of a Fed charge reduce in June now at 60%, down from 74% ultimate week, as indicated via way of means of CME FedWatch tool. Ryan Brandham, head of world capital markets for North America at Validus Risk Management, referred to the demanding situations beforehand in containing inflation withinside the US. He thinks the Fed may also postpone reducing hobby charges into 2024 because of those demanding situations. Traders at the moment are predicting seventy six foundation factors in charge cuts for this year, greater in keeping with the Fed's December forecast. The greenback index, a gauge towards six foremost currencies, edged up 0.058% at 103.forty four after growing 0.55% on Thursday. The index is monitoring for a 0.7% advantage for the week, marking its first weekly advantage in a month. The euro and pound noticed declines towards the greenback, with the euro down 0.04% at $1.0877 and the pound down 0.10% at $1.2738
Long
by Chart_MasterPro
Gbpusd analysis (read caption)Hello Trader" what do you think about gbpusd Certainly! Here's another way to phrase your analysis: "I've observed a bullish momentum in GBP/USD, with the current price at 1.28080. My analysis suggests that the market might test resistance zones around 1.27900 and 1.27500. In case of a pullback, I anticipate demand zones at 1.30040 and 1.31400. To manage risk, I've set my stop-loss at 1.26900." Please comment and like and follow
Long
by Forex_Haleh_signals_professor
1
💡 GBPUSD: Forecast March 11The upward momentum for GBPUSD D1 continued strongly with the sixth consecutive day of gains last Friday. Friday's up D1 bar was structurally important because it broke out - from the most recent price high, confirming GBPUSD D1 return to the uptrend, as it established a new price high. GBPUSD H1 accelerated as it created an upward sloping price channel with a steeper slope than the trend line below. This increased buying pressure is a sign of a trend with strong momentum that is likely to continue. So if GBPUSD H1 pulls back today, you can wait to buy.
Long
by Stone_Haven
GBPUSD Analysis on Weekly Time Frame GBPUSD: Breakout from Converging Triangle Signals New Trend The GBPUSD pair has recently broken out of a converging triangle pattern on the weekly chart, indicating a potential new trend direction. This technical formation, often seen as a continuation pattern, suggests a significant move following a period of consolidation. Key Observations: Pattern Formation: The converging triangle is characterized by price movements between two converging trendlines, leading to a breakout. Breakout Direction : The direction of the breakout from the triangle often indicates the trend’s next move. Volume: A breakout accompanied by high volume can provide further confirmation of the pattern’s reliability. Trade Strategy: Entry Point: Consider entering a position in the direction of the breakout. Stop Loss: Place a stop loss just outside the opposite side of the triangle to protect against false breakouts. Take Profit: The projected price move can be estimated by the height of the triangle at its widest part, applied from the breakout point. Risk Management: Confirmation: Wait for additional confirmation signals such as a candlestick close outside the triangle or increased volume. Market Factors: Stay updated with economic news and events that could affect the currency pair’s movement. Trade ideas are speculative and should be used in conjunction with a comprehensive trading strategy and risk management. This trade idea is based on the breakout of a converging triangle pattern, which is a common occurrence in technical analysis and often leads to significant price moves. It’s important to monitor the pair closely following the breakout for signs of trend continuation or reversal. Happy trading!
Long
by itmecrypomania