🔔🔔🔔 GBP/USD news:
➡️ Speculative net long positions in the euro (EUR) have climbed to a two-week high of nearly 60,000 contracts, while hedge funds and other market participants have increased their net short positions to around 90,500 contracts—also the highest level in two weeks. Open interest has simultaneously surged to nearly 700,000 contracts, marking a multi-week peak.
➡️ As the U.S. dollar loses momentum, the euro has gained fresh strength—even amid escalating global trade tensions. Central banks on both sides of the Atlantic are navigating uncharted territory, with remaining closely monitoring inflation, growth indicators, and newly announced tariffs. While the EUR/USD pair appears poised to extend its upward trend in the near term, shifting risk sentiment and ongoing trade developments may fuel further volatility.
Personal opinion:
➡️ EUR/USD still has short-term bullish momentum while USD breaks down to 100.00 and there are no clear signs of recovery
➡️ Bullish Pennant appears, increasing the possibility of this pair continuing to increase
➡️ Analysis based on Trend line and EMA combined with price action to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.1330 – 1.1315
❌SL: 1.1280 | ✅TP: 1.1395 – 1.1450
FM wishes you a successful trading day 💰💰💰
➡️ Speculative net long positions in the euro (EUR) have climbed to a two-week high of nearly 60,000 contracts, while hedge funds and other market participants have increased their net short positions to around 90,500 contracts—also the highest level in two weeks. Open interest has simultaneously surged to nearly 700,000 contracts, marking a multi-week peak.
➡️ As the U.S. dollar loses momentum, the euro has gained fresh strength—even amid escalating global trade tensions. Central banks on both sides of the Atlantic are navigating uncharted territory, with remaining closely monitoring inflation, growth indicators, and newly announced tariffs. While the EUR/USD pair appears poised to extend its upward trend in the near term, shifting risk sentiment and ongoing trade developments may fuel further volatility.
Personal opinion:
➡️ EUR/USD still has short-term bullish momentum while USD breaks down to 100.00 and there are no clear signs of recovery
➡️ Bullish Pennant appears, increasing the possibility of this pair continuing to increase
➡️ Analysis based on Trend line and EMA combined with price action to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.1330 – 1.1315
❌SL: 1.1280 | ✅TP: 1.1395 – 1.1450
FM wishes you a successful trading day 💰💰💰
Trade active
move as originally predicted
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.