Gbpusdsignal
GBPUSD Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD analysis 2Aug2023GBPUSD went according to the past analysis. At present the price seems to have penetrated the SND area and also approaching the trendline. There are 2 scenarios that are likely to occur.
Prices can be directly bearish or the price of bullish correction again and approaching HH before finally going back down. Adjust your transaction to the analysis that you might have mastered.
GBPUSD FAKEOUT OR BREAKDOWNGBP/USD is trading near a support trendline, I plan to buy after a potential fakeout occurs. Monitoring price action and looking for signs of a false breakdown will help confirm a fakeout. Once the market shows signs of rejection below the support, I will enter a long position, aiming for a potential bullish reversal.
GBPUSD: Everything is gradually revealed before the new news!It is important to note that Fed Chair Jerome Powell recently stated that the economy still requires a slowdown and weakening labor market in order for inflation to confidently reach the 2% target. Additionally, the latest macroeconomic data from the United States indicates a remarkably resilient economy, leaving room for one more 25 basis points rate hike by the Federal Reserve in either September or November. This further supports the high yields seen in US Treasury bonds and reinforces the strength of the US dollar.
Furthermore, a generally negative risk sentiment, as evidenced by a decline in US equity futures, further enhances the safe-haven status of the US dollar. However, at least for now, any downside pressure on GBP/USD is mitigated as markets have already factored in two additional interest rate hikes by Bank of England before year-end due to persistent price pressures. As such, all eyes will be on Thursday's crucial BoE monetary policy meeting as it remains an area of focus.
GBPUSD I Short is up 100 pips 🎯 Long opportunity coming soonWelcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPUSD timeframe 1H pivot price: 1.2846
GBPUSD
stabilizing above 1.2846 will support rising to touch 1.2885 then 1.2923 then 1.2949
stabilizing under 1.2846 will support falling to touch 1.2810 then 1.2785
pivot price: 1.2846
Resistance prices: 1.2885 & 1.2923 & 1.2949
Support prices: 1.2810 & 1.2785 & 1.2746
timeframe: 1H
GBPUSD and GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | GBPUSD psychological level of 1.28000GBPUSD is in a bullish trend and ascending channel.
The price is testing the psychological level at 1.28000 and the Fibonacci cluster.
On the 1 hourly chart, we can see a price deceleration and break of structure, which can be signs of the end of the pullback.
We expect a breakout, a close above the lower high, and trend continuation.
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GU: Remains under pressure around the 1.28 mark ahead of FOMCThe GBPUSD pair is facing downward pressure and struggling to make gains during the Asian trading session on Tuesday. Currently, the major pair is trading around the 1.2840 level, showing a 0.1% increase for the day. Market sentiment is cautious as we approach the Federal Open Market Committee's (FOMC) meeting scheduled for Wednesday.
In July, US business activity experienced a slowdown, reaching a five-month low. The S&P Global Composite PMI dropped from 53.2 to 52. The US S&P Global Manufacturing PMI rose from 46.3 to 49, surpassing market expectations. However, the Services PMI decreased from 54.4 to 52.4, falling short of the anticipated 54. Additionally, the Composite PMI index fell to 52 from 53.2 in June.
GBPUSD - Risky long ✅Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a strong bullish market structure, so I am looking for longs. I expect bullish price action from here as price rejected from bullish order block + institutional big figure 1.28000.
Fundamental analysis: We have important news on USD, on Wednesday will be released Intereset Rate, followed by FOMC Press Conference. If the result is negative for USD it will support our analysis.
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EURUSD and GBPUSD Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.