GBPUSD Pyramiding with SMT, lets see if this works. 3.47 RR.
British Pound / U.S. Dollar forum
GBPUSD Pyramiding with SMT, lets see if this works. 3.47 RR.
GBPUSD and this was likely last chance for longs to take profit above 1.36
GBPUSD Buying at the moment vote who agreed?
GBPUSD sell guys this
GBPUSD lol guys are we selling the resistance or or we buying it to break and create new highs , I’m so confusedGBPUSD Lets see how this goes. 4.81 RR. Edited to show bigger picture
GBPUSD 30+ PIPs covered from the last stop! Total range size is +90 PIPS! Do you need the NEXT News Trade Analysis ?
GBPUSD Will the triple top coming out🤔
GBPUSD 2/2 Summary of Key Levels
Daily & 4-Hour Support and Resistance
Daily Support Levels: 1.35000, 1.34564, 1.34000
Daily Resistance Levels: 1.36168, 1.36500, 1.37000
4-Hour Support Levels: 1.35500, 1.35250, 1.35000
4-Hour Resistance Levels: 1.35900, 1.36100, 1.36500
Exponential Moving Average (EMA) Levels
Daily EMA Levels:
EMA 50: 1.35400
EMA 100: 1.35150
EMA 200: 1.34700
EMA 400: 1.34400
4-Hour EMA Levels:
EMA 50: 1.35600
EMA 100: 1.35350
EMA 200: 1.35000
EMA 400: 1.34750
Weekly Pivots
Weekly Pivot Point: 1.35600
Weekly Resistance 1: 1.36000
Weekly Support 1: 1.35000
Daily Pivots
Daily Pivot Point: 1.35700
Daily Resistance 1: 1.36100
Daily Support 1: 1.35400
Fibonacci Retracement Levels
23.6%: 1.35500
38.2%: 1.35000
61.8%: 1.34300
Fundamental Analysis and Upcoming USD News 📅
As we look ahead, several important economic events may influence the GBPUSD market. Key upcoming USD news includes:
Federal Reserve Interest Rate Decision: Scheduled for later this month, any change in interest rates could significantly impact the USD's strength against the GBP. A rate hike could bolster the USD, while a pause or decrease may weaken it.
US Non-Farm Payrolls (NFP): Set to be released next week, this report will provide insights into the health of the US labor market. Strong job growth typically supports a stronger USD, while weaker numbers may lead to a decline.
Consumer Price Index (CPI): This inflation report is crucial for gauging economic conditions. Higher inflation may prompt the Federal Reserve to act, influencing market sentiment towards the USD.
Traders should stay informed about these events, as they can create volatility and present trading opportunities in the GBPUSD market.
Conclusion
In summary, the GBPUSD pair is currently trading at 1.35712 USD, with key support and resistance levels established on both daily and 4-hour time frames. Utilizing indicators such as Fibonacci retracement levels, EMAs, and MACD provides valuable insights into potential price movements. Coupled with an awareness of upcoming economic events, traders can make informed decisions to navigate the market effectively. Stay vigilant and adapt your strategies as the market evolves! 📊💼
GBPUSD going to swing sell now, targeting 1.32