British Pounds WCO forum
GBPUSD Observed +350 PIPS with a Mixed Market Sentiment! SWING is still ON! What's the next 1 Hour bringing us ?
The Retail Sales MoM (Month-over-Month) report is a significant economic indicator for the GBP (British Pound).
Here’s how it can impact GBP/USD:
1️⃣ Market Expectations vs. Actual Data
> If the actual retail sales figure is higher than the forecast (0.3%), it suggests strong consumer spending, which is bullish for GBP and can lead to GBP/USD rising.
A better-than-expected release can lead to GBP/USD buying pressure, pushing it higher.
> If the actual figure is lower than expected or negative, it signals weak consumer spending, which is bearish for GBP and can cause GBP/USD to fall.
A worse-than-expected release can lead to GBP/USD selling pressure, pushing it lower.
Thought time!
- GBP/USD is currently in an uptrend, but the UK Retail Sales data will dictate the next move.
- A stronger-than-expected retail sales figure → bullish continuation.
- A weaker-than-expected figure → potential reversal.
- Key levels to watch: Resistance at 1.2680–1.2700, support at 1.2620–1.2600
Idea:GBPUSD Dusting 350+ PIPS in Ch…
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EURUSD - Comment to START INTRA SWING analysis!
GBPUSD GBPJPY EURUSD BXY When you say its a SELL / BUY, as a trader you say it confidently! That's what differentiates you in the Crowd! Not by thinking if its a Short?, thinking takes time and good opportunities fade away with time. Be consistent (when you don't have it), quick (when its presented) & humble (when you have it).
GBPUSD NEWS reports that LONG positions on BXY are at their highest levels since 2014! A stop-hunt could trigger a massive wealth transfer.Meanwhile,
DXY - Trump has aligned with Hitler 2.0, potentially paving the way for greater financial gains. It’ll be interesting to see how that plays out geopolitically. Politics and markets are deeply intertwined, after all! The level of HARAM has skyrocketed. They are not letting Babylon fall making it more stronger than ever! But it will when the time comes!
Just saying!
GBPUSD Things to observer & learn why the price is going up! The downside we saw is just a retracement, this huge retracement to the downside can trigger a great continutation trend (a smaller trend is what leads to a larger trend at the end) "When your entry point is much lower, dont fear the RED Candle, its friendly if it closes bullish in 30 M". We are in a short term bull trend, with retracements, its like a sequence inside a sequence (like the nature) learn , trade and be humble.
Today was great, all of you did a great job today. GOD is ONE ! ADIOS for now.
DXY BXY GBPJPY - Lets to more of these learning ahead in future.
