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GBP (British Pound)

GBPCHF Set To Fall! SELL! My dear followers, I analysed this chart on GBPCHF and concluded the following: The market is trading on 1.1277 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.1230 Safe Stop Loss - 1.1309 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
GBPJPY - Yen will continue its weakness?!The GBPJPY currency pair is above the EMA200 and EMA50 in the 4H timeframe and is moving in its medium-term bullish channel. If the upward movement continues, we can see the supply zone and sell within that zone with the appropriate risk reward. The BRC retail report in the UK indicated that retail sales in October 2024 only grew by 0.3%, a significant drop compared to the 1.7% growth in September. This decline is attributed to consumers’ caution ahead of Black Friday promotions and school half-term holidays, which were delayed compared to usual. Helen Dickinson, CEO of the British Retail Consortium (BRC), stated, “After a strong start in autumn, October sales growth was disappointing. Part of this decline was due to the later timing of school half-term holidays, which reduced sales, but it is expected that November will show better performance.” She also noted that consumer sentiment has been affected by uncertainties surrounding future budgets and rising energy costs. According to the latest Citi/YouGov survey, British households’ inflation expectations for the coming year have reached 3.3%, and long-term household inflation expectations remain at 3.8%. Analysts at Citi Investment Bank suggest that these figures indicate that despite efforts by the Bank of England to curb inflation, public inflation expectations remain high. In Japan, the government has designed a support plan for the country’s semiconductor industry that involves leveraging assets such as its shares in NTT, with the program spanning several years. Instead of direct subsidies, the plan includes a multi-stage approach. Semiconductor equipment manufacturers receive subsidies while moving towards mass production, and once they reach this stage, the government shifts to other forms of support such as private sector investments and financial guarantees, extending this process until around 2030. Sakurai, a former board member of the Bank of Japan (BoJ), announced that the central bank is likely to raise interest rates again in the coming months, with January being a potential timing for this action. The aim is to increase short-term interest rates to 1.5% or 2% by the end of Ueda’s term in early 2028.
Short
by Ali_PSND
Bullish bounce?GBP/USD is falling towards the support level which is an overlap support and could bounce from this level to our take profit. Entry: 1.2865 Why we like it: There is an overlap support level. Stop loss: 1.2803 Why we like it: There is an overlap support level that is slightly above the 127.2% Fibonacci extension. Take profit: 1.2936 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
Sell EUR/GBP Channel BreakoutThe EUR/GBP pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 0.8392, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 0.8340 2nd Support – 0.8305 Stop-Loss: To manage risk, place a stop-loss order above 0.8422. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
6
GBP, HUGE UPSIDE! Back to Long-standing 38-year support!!!I checked GBP tri-monthly chart which is not usually posted here -- and the pair is already telling us something on the direction it wants to go at broader long term spectrum. On the tri monthly data, GBP has started shifting its trend --- bouncing off it perfectly on a 38-year long standing very solid support. The pair's last visit to this price range was on April 1985. The pair is back at 1.0 FIB LEVEL (on tri-monthly) -- this is outrageously beyond bargain. Histogram wise, another higher lows was created conveying the current price range to be the last base price before the series of incoming series of ascend. Incoming Price valuation will be above average -- and that's an understatement. Bubble up volume (bottom indicator) finally appeared after almost 2 years (last one was July 2021). This is the 2nd straight appearance in 6 months this year, cementing the intention of the pair's target direction. Confidence on this pair's long term direction is firm. A 10% increase from current price within the next 12-16 months (very long candle on tri-monthly) is very possible. Spotted at 1.25 TAYOR. Safeguard capital always.
Long
by JSAL
13
GBPCHF Sellers In Panic! BUY! My dear subscribers, GBPCHF looks like it will make a good move, and here are the details: The market is trading on 1.1196 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.1219 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBPJPY, a rebound play is in order.GBPJPY, a fave of traders who value volatility recently corrected significantly to 181 range from the highs of 183. Recent 4H metrics suggests a close fight between bull and bears -- with bulls having a slight edge now from the current range. A new base may have been formed already at this price range with notable net buying activity registered this past couple of days. The pair is currently bouncing off a 0.5 FIB level, a major order block support. Expect some attempt to reverse to the upside in the next coming days. Spotted at 181.30 TAYOR. Safeguard funds always.
Long
by JSAL
3
GBP/CAD D1: Potential Breakout from Rising Wedge with Double TopOn the daily chart of GBP/CAD, I’ve identified a Rising Wedge pattern with a Double Top formation within it, signaling a strong potential for a significant bearish movement. A similar pattern previously occurred on September 9, 2023, when a bearish breakout from the Rising Wedge was confirmed by a double top, followed by a sharp downtrend. Currently, the same pattern has reappeared, with the price forming the second peak of the double top, but a breakout confirmation is still pending. The next price movement is illustrated by blue arrows, indicating the expected downward direction if a breakout occurs. Additionally, the breakout area is marked with a red rectangle to clarify the critical support level that needs to be breached, while the double top’s peak is highlighted with an orange circle to emphasize this key pattern level. The strategy plan here is to wait for a breakout below the Rising Wedge support line to open a sell position. The profit target is set at the 1.7310 level, with a stop loss placed above the double top level, around 1.8200. If a breakout confirmation occurs, the bearish movement is expected to drive the price closer to the set profit target.
Short
by DNP-FX
GPBUSD Bearish Megaphone starting new wave.GBPUSD is trading inside a Bearish Megaphone for the past 30 trading days. The price may now be supported by the 1hour MA50 but has formed the bearish formation it had on all prior tops under the Falling Resistance. The 1hour RSI has formed a similar topping pattern. As a result, this is a standard sell signal for the Bearish Megaphone. All declines reached the 1.5 Fibonacci extension, so we can target at least the previous Low at 1.2850. Follow us, like the idea and leave a comment below!!
Short
by TheCryptagon
GBPCHF - 4hrs ( Sell Trade Target Range 150 PIP ) 🟢 Pair Name :GBP/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🟢 Key Technical / Direction ( Short ) ——————————— Bearish Break 1.11800 Reasons - Major Turn level - Visible Range lvn - Choch Zone - Fixed Hvn - Day / low - Fibo Golden Bullish Reversal 1.10300 Area Reasons - Major Turn level - Visible range hvn - Pattern Target - P / Month Low - Choch / D
Short
by GoldenEngine
1
EURGBP to attract buyers at market price?EURGBP - 24h expiry Yesterday's Marabuzo is located at 0.8412. The primary trend remains bearish. Preferred trade is to sell into rallies. Trading has been mixed and volatile. We look for a temporary move higher. We look to Sell at 0.8412 (stop at 0.8434) Our profit targets will be 0.8357 and 0.8347 Resistance: 0.8397 / 0.8420 / 0.8448 Support: 0.8369 / 0.8353 / 0.8340 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
FTSE UK100 Reaches Key Demand Area Amid Seasonal TrendsThe FTSE UK100 index has recently reached a crucial demand area, igniting traders' interest amid seasonality patterns observed over the past decade. Historically, this time of year tends to witness upward momentum in the index prices, making this a significant area for potential bullish moves. Given the historical context, many traders are closely monitoring developments as they assess whether the index will follow suit and initiate a rally. From a fundamental perspective, the recent Commitment of Traders (COT) report provides a tantalizing glimpse into market dynamics. It reveals that while retail traders are predominantly bearish, "smart money"—the institutional investors—appear to be accumulating long positions. This divergence is notable; retail sentiment often serves as a contrarian indicator. With smart money stepping in at a demand zone, there is potential for a bullish reversal, which could support the index as it seeks to capitalize on favorable seasonal trends. Moreover, the broader economic landscape remains conducive to this optimistic outlook. As the UK grapples with various macroeconomic factors, including inflation rates and monetary policy responses, investor sentiment has become increasingly nuanced. A stronger performance in the FTSE may be supported by sectors that typically thrive during this time, such as commodities and financial services, providing tailwinds for the index. As traders look ahead, the focus on a bullish scenario is intensifying. The critical consideration is whether the FTSE UK100 can sustain momentum above the demand area, signaling a recovery phase that may align with both historical patterns and smart money positioning. If the index can maintain its footing and demonstrate strength in the coming sessions, it may very well affirm the bullish sentiment among those advocating for a market upturn. In summary, the convergence of seasonal patterns, contrasting market sentiment as illustrated by the COT report, and the strong fundamental backdrop paints a compelling picture for the FTSE UK100. Traders are poised to explore opportunities in a potentially bullish scenario, keen to see if the index will follow historical tendencies and deliver a strong performance in the latter part of the year. As always, careful monitoring of market developments will be essential in navigating this promising but complex landscape. ✅ Please share your thoughts about FTSE in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
CAPITALCOM:UK100Long
by FOREXN1
3
GBP/USD Soars to 1.2970 as U.S. Employment Data Weighs on DollarIn the early hours of the London session on Monday, the GBP/USD currency pair has jumped toward the 1.2970 mark, aligning with our previous forecast. The U.S. Dollar (USD) is feeling the pressure from sellers, primarily stemming from disappointing Nonfarm Payrolls (NFP) data released for October, which has provided a boost to the major currency pair. Federal Reserve Rate Cut on the Horizon Following a significant 50 basis points (bps) rate cut in September, which marked the beginning of the Fed's easing cycle, market expectations are now leaning towards a further reduction of 25 bps at the upcoming November meeting. Traders are pricing in this possibility with approximately a 97% probability, contributing to the Greenback's decline as investors brace for the upcoming U.S. presidential election and the Fed's critical interest rate decision later this week. Technical Analysis: Demand Zone Bounce From a technical standpoint, the recent price movement indicates a rebound from our identified demand zone. The setup suggests potential for further upside as it aligns with the broader market sentiment. The latest Commitment of Traders (COT) report supports this outlook, showing no significant changes in trader positioning that would alter the prevailing market dynamics. Preparing for Market Volatility As the U.S. elections approach, traders should be prepared for enhanced volatility in the market. The uncertainty surrounding the election outcomes, coupled with anticipated shifts in U.S. monetary policy, could result in considerable fluctuations across various asset classes. The eventual victor of the election could shape expectations for fiscal strategies, regulatory changes, and economic recovery plans, all of which are likely to influence market sentiment and asset performance in the forthcoming weeks. Conclusion The recent movement of the GBP/USD towards 1.2970 highlights the continued impact of economic data and monetary policy expectations on currency pairs. As the market prepares for significant events this week—the U.S. presidential election and the Federal Reserve’s decision on interest rates—traders must remain vigilant. Understanding the interplay between electoral outcomes and monetary policies will be essential for navigating the potential market turmoil that awaits in the days ahead. Previous Forecast ✅ Please share your thoughts about GBP/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Long
by FOREXN1
1
GBP/CHF "Pound vs Swiss" Bank Money Heist Plan on Bullish Side.Hola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist GBP/CHF "Pound vs Swiss" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 2H timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
Bearish reversal off pullback resistance?The Cable (GBP/USD) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support level which is a pullback support. Pivot: 1.3022 1st Support: 1.2909 1st Resistance: 1.3105 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
1
GBPAUD -UK will continue its economic growth?!The GBPAUD currency pair is above the EMA200 and EMA50 in the 4H timeframe and is moving in its upward channel. In case of upward correction, we can see the supply zone and sell within that zone with appropriate risk reward. The International Monetary Fund (IMF) has forecast that Asia’s economy will grow by 4.6% in 2024 and by 4.4% in 2025. Downward price pressures from China could impact countries with similar export structures and lead to trade tensions. The UK Debt Management Office (DMO) plans to auction £59.2 billion in conventional long-term government bonds in the fiscal year 2024-2025. According to the DMO, the net issuance of government bonds for this fiscal year is projected to reach £296.9 billion. Meanwhile, the Office for Budget Responsibility (OBR) has indicated that the previous government did not provide all necessary information, and if it had, their spring budget forecast would have been significantly different. OBR forecasts suggest that the consumer price index (CPI) will reach 2.6% in 2025 (compared to the 1.5% forecast in March), 2.3% in 2026 (March forecast 1.6%), 2.1% in 2027 (March forecast 1.9%), 2.1% in 2028 (March forecast 2.0%), and 2.0% in 2029. The forecasts also project GDP growth of 2.0% in 2025 (March forecast 1.9%), 1.8% in 2026 (March forecast 2.0%), 1.5% in 2027 (March forecast 1.8%), 1.5% in 2028 (March forecast 1.7%), and 1.6% in 2029. Reeves, the UK Chancellor, stated that there will be more plans aimed at boosting economic growth. Yesterday, the UK sold £2.25 billion in bonds maturing in 2053, with a bid-to-cover ratio (B/C) of 3.15, up from the previous 3.08. The average yield on these bonds was 4.831%, higher than the previous yield of 4.735%.
Short
by Ali_PSND