GBPUSD Bear Market Continues Despite High UK InflationThe GBPUSD downtrend resumed despite UK inflation reaching a six-month peak at 2.3%. A bearish break below 1.261 can potentially trigger the downtrend to aim for the 1.245 mark. Article: fxnews.meShortby FxNews-me0
GBPUSD - Bearish Bias PrevailsGBPUSD has broken the trendline and now looking for a bearish move to lower levels. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice. Shortby MarketsPOV0
GBPUSD long term sellGBPUSD is bearish on all higher time frames and looks like it still has a long way down towards the discount zone. Since this will take a couple of days to play out, its best to play it safe and enter on an obvious pullback on the lower time frames such as 1hr time frame to give you a tighter stop loss.Shortby bethalldaybae0
GBPUSD forms double bottom patternOn the 4-hour chart, GBPUSD formed a double bottom pattern in the short term. Currently, the supply zone of 1.273-1.277 is in focus. A breakout will hopefully lead to the resistance around 1.284. During the day, you can pay attention to the opportunity to go long on the pullback, and pay attention to the support around 1.268.Longby XTrendSpeed0
gbpusdcpi gameplan w current gbp economy we are forecasting a 2.2% while doing 1.7% prev month. will only trade if upside liquidity gets purged and goes back to 8:30 zone and expands on the upside. by MovinKilos0
GBPUSD - Short idea.GBPUSD - Short idea. PDH Liq, SMT , MSS , FVG, 1H DOL. 1:2RShortby Arel_KaUpdated 1
Buy for GBPUSDTaking a quick BUY for GBPUSD based on the previous lower gap and overall M15 direction for BUY. The overall trend is still sell for GBPUSD.Longby tradingwith_ryann0
GBJPY CHART ANALYSISWe have a bearish order block shift , bos ,imbalance and smc trap resting below the supply zone validating our supply zoneShortby Tradestindicator0
GU SELLSIn a bearish market, traders typically look to sell the currency pair, anticipating further declines in its value...Shortby kristian9980
GBPUSD Analysis Monday Nov 18th Today's analysis for GBP/USD shows an overall bearish trend. I am looking to go short once the price hits the Sell-Side Imbalance Buy-Side Inefficiency (SIBI) Fair Value Gap (FVG) area. Additionally, there's a breaker block just around the FVG that reinforces this potential short entry. The resistance level at 1.2650, aligned with the 14-day EMA, is a key zone I'm watching closely. If the price reaches this level, it will provide an ideal entry point for a short position. Stop Loss: 1.2680 - Placed 30 pips above the entry point to protect against unexpected upward movement. Take Profit: 1.2590 - Positioned 60 pips below the entry point at a previous support level where price action may slow down or reverse. Risk-to-Reward Ratio: 1:2 NB. The dollar has been strong since the elections and hoping to continue for a while with the BOE uncertainties. Always keep an eye on upcoming economic events and market sentiment for any sudden changes. Happy trading!Shortby hskarue1
Is Now a Risky Time to Sell GBPUSD at $1.273?The GBPUSD pair shows the dollar is currently overvalued, suggesting that entering a sell position at $1.273 could be risky. Better to monitor for consolidation near $1.290. Article: fxnews.meShortby FxNews-meUpdated 0
gbpusd buytrade potential gbpusd buy based on the conditions. ? first point of interest has been made ..overrall i am expecting price to continue to the downside towards new york open . thoughts on this buy ? Longby charterprice0
EURUSD and GBPUSD 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.Short07:48by ForexWizard010
update on gbpusd analysis.price continues to move as anticipated towards our key points or of interesting. need further confirmation if price will further reject or continue dowards , based on the dollar index sentiment .by charterprice0
gbpusd intra day analysis .looking at GBPUSD , daily we are in a bearish trade, so far forecast and analysis states a potential daily bullish sentiment , identifying key entry ares on the 1 hour to 15 minute chart. essential we would like to see the previous fridays high taken out to have a bearish reaction towards our point of interest. potential gbpusd buy . Longby charterprice0
Fundamental Market Analysis for November 18, 2024 GBPUSDThe Pound-Dollar pair starts the new week on a subdued note and is consolidating in a range above the round 1.26000 mark, or the lowest level since mid-May, reached on Friday. For now, spot prices appear to have broken a six-day losing streak on the back of a modest decline in the US Dollar, although the fundamental backdrop supports the prospects for an extension of the recent established downtrend. The US Dollar remains on the defensive below the one-year high (YTD) set last Thursday as bulls took a pause to take a breather after the explosive rally following the US election. However, any meaningful decline in the dollar seems unlikely amid expectations that US President-elect Donald Trump's policies are likely to revive inflationary pressures and limit the scope for further rate cuts by the Federal Reserve (Fed). This has been a key driver of the recent rise in US Treasury bond yields, suggesting that the path of least resistance for the US Dollar lies to the upside. The British Pound (GBP), on the other hand, may struggle to attract buyers amid uncertainty over the Bank of England's (BoE) future interest rate path. Data released last week showed that UK wage growth excluding bonuses slowed in September, while the unemployment rate rose to 4.3% from 4.1%. In addition, UK GDP unexpectedly contracted in September for the first time in five months, reinforcing expectations of a BoE rate cut. Nevertheless, Bank of England members are not expected to cut interest rates at the December meeting. This, in turn, makes it reasonable to expect strong follow-through buying to confirm that the GBP/USD pair has formed a short-term bottom. Bearish traders, however, can now wait for a sustained breakout and consolidation below the 1.2600 round figure before placing new bets amid a lack of market-significant economic releases on Monday from both the UK and the US. Trading recommendation: Watch the level of 1.26000, if consolidated below consider Sell positions, if rebounded consider Buy positions.by Fresh-Forexcast20040
Read The GBPUSD MarketLet's Look at GBPUSD Chart and Read the Price Action to find some trade opportunities, Good Luck With Your Trades <306:54by FXSGNLS1
GBP/USD possible will retract to NorthThe price touched multiple supports, SlowStoch over sell and it would crossed in day timeframe. There could be divergence in SlowStock. It possible would retract to North a little. But long term it would still look for South.Longby ChinaHelloWorld0
GBPUSD analysis week 47🌐Fundamental Analysis UK employment figures largely beat expectations, but wage growth fueled inflation concerns. While jobless claims were lower than forecast, the number of people claiming unemployment benefits still rose from the previous month's revised figure. The Bank of England's (BoE) latest Monetary Policy Report is due out on Wednesday morning, and investors will be looking for hints on how the BoE plans to deal with the unbalanced UK economy that continues to struggle with inflation numbers. On the US side, key CPI inflation figures are due to hit the market. Headline CPI inflation is expected to have edged higher to 2.6% year-on-year from September's 2.4%. Core CPI inflation is expected to have held steady at 3.3% year-on-year. The monthly figures for both inflation are generally expected to remain unchanged from the previous month. 🕯Technical Analysis The downtrend is still showing no signs of stopping for GBPUSD. The next important support zone that the pair is aiming for is 1.2470, which is the old bottom area that saw strong price reaction from buyers in May. Besides, the possibility that the pair will still stick to the trendline and fall to this support zone, when the buying force is strong enough to break the trendline, the market will also turn around. Hopefully, the bullish waves can break the trendline and form an uptrend towards the resistance of 1.271-1.277-1.286. 📉📈Trading signals BUY GBPUSD 1.247-1.245 Stoploss 1.243 SELL GBPUSD 1.271-1.273 Stoploss 1.276by TVS-Trader1
GBPUSD FALLINGStill going down after already a huge drawdown ; the blue lines are the main recent interesting KL, reaching it one by one, slightly bouncing then still going down seems like the next move ; but it s the same as fibonacci, it might bounce harder on one and even change the whole trend to a new uptrend.Shortby edl751
GBPUSD | Market outlookQ3 GDP Results - QoQ: Rose by 0.1% (below the forecast of 0.2%). - YoY: Increased by 1.0% (above the expected 0.1%). - September GDP: Declined by 0.1% MoM and 1.0% YoY, missing estimates of 0.2% MoM and 1.1% YoY. Economic Pressures - A sharp increase in the tax burden on businesses, announced by Chancellor Rachel Reeves, is straining the economy. - September industrial production dropped by –0.5% MoM (forecast: 0.1%) and by –1.8% YoY (forecast: –1.2%). Monetary Policy Outlook - The Bank of England may consider accelerating monetary easing to support growth. - However, divergence exists within the board. Catherine Mann advocates maintaining current interest rates until inflation risks, including political uncertainties like Donald Trump’s potential election as US President, subside. Shortby DynamicCapital-FX0
EA - EU - GU WEEKLY OUTLOOKWeekly outlook for eu, gu and ea. I will show this video to my accountabilty partner.06:45by Thymo210
GBP/USD short-term reversal and then again bearishGBP/USD is in the final stage of blue wave (1). Soon the pair will bounce and retrace for blue wave (2). There is a confluence with 5-0 pattern.Shortby Elitsa0