GPB USD buy GBP/USD gained traction in the second half of the day and touched a new 2024-high near 1.2800 on Thursday. The positive shift seen in risk mood, as reflected by rising US stocks, weighs on the US Dollar and provides a boost to the pair.
GBP/USD surges against US Dollar on soft US jobs data, eyes on Powell
The Pound Sterling moderately advanced in the North American session on Thursday, as the Greenback remains on the defensive after a soft jobs report from the United States (US). Therefore, the GBP/USD trades at 1.2756, up 0.19
GBP/USD edges up on weak US economic data
US economic data is not helping the US Dollar, which is failing to gain traction following Federal Reserve Chair Jerome Powell's speech on Wednesday. Powell didn’t say anything dovish other than acknowledging that the Federal Reserve would ease policy “at some point this year,” though he emphasized that it would depend on data. He would speak again.
Confirm signal
GBP/USD rises to fresh 2024-high near 1.2800
Gbpusdsignal
GBP USD buy The GBP/USD climbed 0.31% during the North American session and traded at 1.2746 after bouncing off daily lows of 1.2690. UK’s spring budget announcement and US Federal Reserve’s Chair Jerome Powell's testimony sponsored a leg-up in the pair, which is set to test the 1.2800 mark.
GBP Update: Hunt Decides on National Insurance Reduction Over Tax Cuts confirm Chart
GBP/USDGBP/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 Update: Hunt Decides on National Insurance Reduction Over Tax CutsThe GBP/USD climbed 0.31% during the North American session and traded at 1.2746 after bouncing off daily lows of 1.2690. UK’s spring budget announcement and US Federal Reserve’s Chair Jerome Powell's testimony sponsored a leg-up in the pair, which is set to test the 1.2800 mark. confirm chart
GBPUSD ANALYSIS 4HRS SELL UPDATEHere the price has reached as predicted now trying to make a pull back at psychological level of 1.27500 and now trying to move down. According to elliote wave indicstor stating that price will go down. So it expectet to go for SHORT and targeting profit should be around 1.27000 and 1.26500
GBP/USD - Sell Zone !Hey there!
I'm selling on GBP/USD:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We have an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We are with the trend.
The GBP is likely to start depreciating due to the UK entering a recession!
And the USD, on the other hand, is the complete opposite; it's extremely strong/performance currently thanks to rather positive economic results!
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Questions? Leave a comment!
GBP/USD - Interesting sell zone! (Swing)Hello everyone!
- Here's my view on GBP/USD:
- We have liquidity. (Recovery and Accumulation!)
- We have an interesting zone.
- We have the optimal Fibonacci.
- We have accumulation before/on the zone.
- We are with the trend.
Fundamentally, we have a very strong USD.
Particularly thanks to the very positive NFP for the US, among other factors!
10Y T-Notes have risen by 3%, so far everything is going well for the USD, so it's advisable to favor sales on pairs with XXX/USD.
But we also have the UK entering a recession, so we have a pound that's very affected but still seems to be fighting not to depreciate too much following this recession, supported by several financiers in the UK; investors are mixed.
That's why I see GBP/USD rebounding in the zone and dropping!
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GBPUSD ANALYSSIS DOUBLE TOP SELLLooking at the chart we can see that it moved as we predicted now it have formed double top meaning that there is a posiblity of going down . So is important to take your profit and wait or enter new sell and target the profit around psychological level of 1.26500 , 1.26000
GBPUSD SELL | Day Trading Analysis7 hours ago
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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💡 GBPUSD: Forecast March 6Yesterday's increase was the third consecutive increase for GBPUSD, however there were signs of weakness because yesterday's D1 bar had a long upper shadow, swept to the nearest peak and then pulled back down, creating a false break. Because there has not been a previous break from the inside bar, GBPUSD D1 is still in a state of accumulation and price compression.
Creating a new high price peak and maintaining a gradually higher price high and low structure helps GBPUSD H1 establish a continuing upward price trend. However, due to the weakness in D1, H1 should only be bought from the strong support zone below. You can wait to sell if this bottom is breached.
GBP/USD - Sell Zone !Hey there!
I'm selling on GBP/USD:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We have an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We are with the trend.
The GBP is likely to start depreciating due to the UK entering a recession!
And the USD, on the other hand, is the complete opposite; it's extremely strong/performance currently thanks to rather positive economic results!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
GBP/USD - Interesting sell zone! (Swing)Hello everyone!
- Here's my view on GBP/USD:
- We have liquidity. (Recovery and Accumulation!)
- We have an interesting zone.
- We have the optimal Fibonacci.
- We have accumulation before/on the zone.
- We are with the trend.
Fundamentally, we have a very strong USD.
Particularly thanks to the very positive NFP for the US, among other factors!
10Y T-Notes have risen by 3%, so far everything is going well for the USD, so it's advisable to favor sales on pairs with XXX/USD.
But we also have the UK entering a recession, so we have a pound that's very affected but still seems to be fighting not to depreciate too much following this recession, supported by several financiers in the UK; investors are mixed.
That's why I see GBP/USD rebounding in the zone and dropping!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
GBPUSD TRENDLINE UPTRENDMajor moves on FX:GBPUSD in this week, I see massive inflows of volume last week.
Entries are 1.26-1.26100
Estimated target with 100% ration of this accumulation is 1.33 zone.
This idea base on Trendline.
This is not a financial advice, follow for more Weekly and Long/Swingtrades.
Trading is risky, if you dont like risk, dont TRAde.
GBPUSD - Look for a short position ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I wait price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block.
Fundamental news: This week is NFP week, news with high impact on USD, so pay attention to the results on Friday to validate the analysis.
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GBPUSD ANALYSIS UPDATEPrice has hit the target profits on the pschological as was predicted now is to wait wait and see the new decision of what is going to form around the psychological levels either up or down but the price need to make a littel pattern that will give signal to enter a trade. If it form double bottom we go up is form double top the down . So let wait and see the reaction of the market around psychological level
GBP/USD - Interesting sell zone! (Swing)Hello everyone!
- Here's my view on GBP/USD:
- We have liquidity. (Recovery and Accumulation!)
- We have an interesting zone.
- We have the optimal Fibonacci.
- We have accumulation before/on the zone.
- We are with the trend.
Fundamentally, we have a very strong USD.
Particularly thanks to the very positive NFP for the US, among other factors!
10Y T-Notes have risen by 3%, so far everything is going well for the USD, so it's advisable to favor sales on pairs with XXX/USD.
But we also have the UK entering a recession, so we have a pound that's very affected but still seems to be fighting not to depreciate too much following this recession, supported by several financiers in the UK; investors are mixed.
That's why I see GBP/USD rebounding in the zone and dropping!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
GBP/USD - Sell Zone !Hey there!
I'm selling on GBP/USD:
-RMID (Range Manipulation Initiation Distribution)
-We have liquidity uptake.
-We have an interesting zone.
-We have the optimal Fibonacci.
-We have accumulation before/on the zone.
-We are with the trend.
The GBP is likely to start depreciating due to the UK entering a recession!
And the USD, on the other hand, is the complete opposite; it's extremely strong/performance currently thanks to rather positive economic results!
🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!
Questions? Leave a comment!
GBPUSD H1 / Expecting a Bearish Move / Looking for Short Trade ✅Hello Traders!
This is my forecast for GBPUSD H1. I expect DXY to be continuously bullish, that's why I will look for a short entry on GBPUSD. I expect to see that PDL will be taken.
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.
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