GBPUSD at Key Resistance - Time to Sell?OANDA:GBPUSD has reached a key resistance level, marked by significant selling pressure. This area has historically acted as a key supply zone, increasing the likelihood of a bearish reaction if sellers step in again.
The current market structure suggests that if the price confirms a rejection fro
About British Pound / U.S. Dollar
GBPUSD, often referred to as “The Cable”, a foreign exchange term used to describe the British pound vs the US dollar, is one of the oldest traded currency pairs. In July of 1866, after an earlier failed attempt, the first reliable exchange rate between the British pound and the US dollar was transmitted between the London and New York Exchanges. Optic fibre cables accompanied by satellites handle the Transatlantic communications today.
GBPUSDHello Traders! 👋
What are your thoughts on GBPUSD?
GBPUSD has reached a resistance zone, where a correction is expected.
We anticipate a pullback toward the specified support level, which could act as a launchpad for the next bullish move.
After completing the correction, the pair is expected to r
#GBPUSD: Massive Swing Sell Is In Making 1200+ Pips Worth? **FX:GBPUSD Price Analysis**
GBPUSD price has recently experienced an overbought condition, primarily due to the significant decline of the DXY index. This decline can be attributed to the ongoing trade dispute between China and the United States, which has resulted in a drop in the DXY index to its
GBP/USD Fundamental Update (17.04.2025)The GBP/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long
GBPUSD Discretionary Analysis: Bounce at 1.33Hello traders.
On GBPUSD, I'm watching this 1.33 zone closely. It's where I'll be looking for a reaction. It can be a solid bounce spot if it shows signs.
Discretionary Trading: Where Experience Becomes the Edge
Discretionary trading is all about making decisions based on what you see, what you fe
GBPUSD → A false breakout can trigger a correction FX:GBPUSD is strengthening as part of the rally associated with the fall in the dollar index, but there is a technically strong resistance zone ahead that could trigger a correction...
The dollar index, due to US politics, desire for lower interest rates, tariff war, continues its decline, giv
GBP Holds the Upper Hand Amid Economic RealismThe British economy has taken a bold and proactive stance by acknowledging the reality of a looming recession earlier than most other major economies. While many nations continue to downplay or delay recognition of economic slowdown, the UK’s honest and strategic approach positions the pound for rel
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Frequently Asked Questions
The value of the GBPUSD pair is quoted as 1 GBP per x USD. For example, if the pair is trading at 1.50, it means it takes 1.5 USD to buy 1 GBP.
GBPUSD is a major currency pair, i.e. a popular currency paired with USD.
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