GBPUSD more downside if 1.35787 is lost. price could drop to 1.35620British Pound / U.S. Dollar forum
GBPUSD more downside if 1.35787 is lost. price could drop to 1.35620
GBPUSD Let's see if price can take out Monday's Asia High before tanking
GBPUSD going 1,359 or more probs
GBPUSD going up !!. target 1.36650GBPUSD this is likely to drop soon
GBPUSD the price saw catch me if you can yesterday night and got inspired.
GBPUSD 2/2 📊 Summary of Key Levels
Daily & 4-Hour Support and Resistance
Daily Support: 1.35630, 1.35200, 1.34800
Daily Resistance: 1.37888, 1.38000, 1.38500
4-Hour Support: 1.35650, 1.35400, 1.35000
4-Hour Resistance: 1.37000, 1.37500, 1.37800
Exponential Moving Average (EMA) Levels
Daily EMA Levels:
EMA 50: 1.36200
EMA 100: 1.36500
EMA 200: 1.36800
EMA 400: 1.37000
4-Hour EMA Levels:
EMA 50: 1.36050
EMA 100: 1.36250
EMA 200: 1.36450
EMA 400: 1.36700
Weekly and Daily Pivots
Weekly Pivots:
Pivot Point: 1.36500
Resistance 1: 1.37000
Support 1: 1.36000
Daily Pivots:
Pivot Point: 1.35900
Resistance 1: 1.36200
Support 1: 1.35600
Fibonacci Retracement Levels
23.6%: 1.36079
38.2%: 1.36354
50.0%: 1.36709
61.8%: 1.37065
76.4%: 1.37440
📈 Fundamental Analysis and Upcoming USD News
As we look ahead, it’s important to consider upcoming USD news that could impact the GBPUSD market:
U.S. Consumer Price Index (CPI): Scheduled for release next week, this report will provide insights into inflation trends and can significantly affect the USD's strength.
Federal Reserve Meeting Minutes: Also set to be released this month, traders will be keenly watching for any indications of future monetary policy changes.
U.S. Employment Data: Scheduled for the end of the month, this data will be crucial for assessing the health of the U.S. economy and its impact on the USD.
These events will likely contribute to volatility in the GBPUSD pair, and traders should be prepared for potential market movements.
In conclusion, the GBPUSD market presents a complex landscape influenced by both technical and fundamental factors. By closely monitoring the key levels and upcoming economic data, traders can position themselves effectively for potential opportunities in this currency pair.
GBPUSD 1/1 🟡 GBPUSD Daily Market Analysis—July 9, 2025
In today's market analysis, we will delve into the GBPUSD currency pair, currently trading at 1.35932 USD. Our focus will be on both daily and 4-hour time frames, utilizing a variety of technical indicators including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, Weekly and Daily Pivots, Smart Money Concepts (SMC), Support & Resistance Levels, Order Blocks, and MACD. This comprehensive analysis aims to provide traders with insights into potential market movements and key price levels.
🔍 Market Analysis Overview
Current Price Action
The GBPUSD has shown considerable volatility in recent trading sessions, with a swing high of 1.37888 and a swing low of 1.35630. This range provides us with crucial levels to analyze using various technical tools.
Support & Resistance Levels
Daily Time Frame:
Support Levels:
1.35630 (Swing Low)
1.35200 (Previous Support)
1.34800 (Psychological Level)
Resistance Levels:
1.37888 (Swing High)
1.38000 (Psychological Resistance)
1.38500 (Previous High)
4-Hour Time Frame:
Support Levels:
1.35650 (Recent Low)
1.35400 (Local Support)
1.35000 (Psychological Level)
Resistance Levels:
1.37000 (Recent High)
1.37500 (Local Resistance)
1.37800 (Near Swing High)
Fibonacci Retracement Levels
Using the swing high of 1.37888 and swing low of 1.35630, we can calculate the Fibonacci Retracement levels:
23.6%: 1.36079
38.2%: 1.36354
50.0%: 1.36709
61.8%: 1.37065
76.4%: 1.37440
These levels serve as potential reversal points and can be used for setting entry and exit strategies.
Exponential Moving Averages (EMA)
Daily Time Frame:
EMA 50: 1.36200
EMA 100: 1.36500
EMA 200: 1.36800
EMA 400: 1.37000
4-Hour Time Frame:
EMA 50: 1.36050
EMA 100: 1.36250
EMA 200: 1.36450
EMA 400: 1.36700
The EMAs indicate the overall trend direction. In the daily time frame, the price is currently below the EMAs, suggesting a bearish sentiment, while the 4-hour EMAs show a more neutral stance.
RSI Divergence
The Relative Strength Index (RSI) on both time frames is crucial for identifying potential reversals:
Daily RSI: Currently at 45, indicating a neutral market condition.
4-Hour RSI: Presently at 40, hinting at potential bearish divergence as the price approaches the support levels.
Order Blocks
Order blocks are significant areas where institutional buying or selling has occurred. On the daily chart, we identify a strong order block around 1.37000, which aligns with previous resistance levels. In the 4-hour chart, an order block around 1.36000 could act as a support level.
MACD Analysis
The MACD indicator is currently showing a bearish crossover on the daily chart, suggesting that momentum may shift downward. In the 4-hour time frame, the MACD is flattening out, indicating potential consolidation before a breakout.
GBPUSD buyyar open your trades now 😉
GBPUSD I'm in my longs from yesterday booked 20% Stop above B.E. So I"ll let it run today as FOMC today and already hinted of possible rate cuts.