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GBP (British Pound)

GBPCHF Ready for a breakthroughHello Traders In This Chart GBPCHF HOURLY Forex Forecast By FOREX PLANET today GBPCHF analysis 👆 🟢This Chart includes_ (GBPCHF market update) 🟢What is The Next Opportunity on GBPCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
by ForexMasters2000
Bearish momentum to extend?GBP/CAD is rising towards the pivot and could drop to the 78.6% Fibonacci support. Pivot: 1.7896 1st Support: 1.7829 1st Resistance: 1.7957 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
2
GBPJPY Pull back signalGBPJPY is trading on a Channel Up but has turne sideways recently, indicating a potential top. The last major formation has been a Death Cross (1d) and last time we had one was on January 17 2023. The similarities between the two patterns are strong. The MA200 (1d) is holding for now, if it breaks it will be the sell trigger for the trade. Trading Plan: 1. Sell if the MA200 (1d) breaks. Targets: 1. 188.600 (above the 0.786 Fib). Tips: 1. The RSI (1d) is also trading inside a Channel Up and also portrays similar attributes as the 2023 fractal. Please like, follow and comment!!
Short
by TradingBrokersView
GBP/JPY : Technical Analysis and a signal!hello guys! it is a risky position!! Rising Channel: The price has been trending upward within a well-defined ascending channel. However, it is currently testing the upper boundary of this channel. Resistance Zone (Red Box): Strong resistance is seen around the 196.117 level. The price attempted to break through this resistance but faced rejection multiple times, suggesting a bearish reversal could be imminent. Support Levels (Green Area): There’s a key support level of around 187.953. This support aligns with the lower boundary of the ascending channel, making it a potential target for any upcoming bearish move. Bearish Momentum: The price shows signs of weakness as it struggles below the red resistance zone. A corrective move downwards is expected, with the first target around the 190.000 psychological level, followed by a potential drop to the 187.953 support zone. Risk-Reward Setup: The chart shows a clear risk/reward scenario, where a break below the 194.462 zone may trigger a sell-off towards lower levels.
Short
by melikatrader94
2
If Sep CPI slows, GBPUSD could fall further The UK's September Claimant Count Change rose to 27.9K, surpassing the market expectation of 20.2K. The UK unemployment rate in August dropped to 4.0%, the lowest level since last April. Attention now turns to the UK's September CPI results, with the market expecting a decrease to 1.9% from the previous 2.2%. If the CPI slows down, it could lead to increased expectations of further rate cuts by the BoE, putting pressure on the pound. GBPUSD showed sluggish consolidation between 1.3030-1.3100 for eight consecutive trading days. The price briefly tested the support at 1.3050, awaiting further price triggers for a rebound. If GBPUSD fails to hold the support at 1.3050, the price may fall further to 1.2960. Conversely, if GBPUSD breaches both EMAs and the resistance at 1.3250, the price could gain upward momentum to 1.3435.
by inkicho_exness
GBPUSD has flattened the decline. Potential rebound ahead.GBPUSD is trading inside a Bullish Megaphone since the April 22nd low. Typically it bottoms after the price crosses under the MA50 (1d), which it did last week. Even though the bottom of the Megaphone is a bit lower, R/R suggests that those are solid buy entry levels. Trading Plan: 1. Buy on the current market price. Targets: 1. 1.3670 (the 1.618 Fibonacci extension, where all 3 previous Highs were priced). Tips: 1. The RSI (1d) has flattened and its MA trend line is approaching. A crossing will confirm the bullish signal. Please like, follow and comment!!
Long
by TradingBrokersView
GBPCHF Sellers In Panic! BUY! My dear subscribers, My technical analysis for GBPCHF is below: The price is coiling around a solid key level - 1.1189 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.1253 My Stop Loss - 1.1145 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBP/CHF "POUND-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-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
GBP/USD Fluctuates in a Narrow Range Amid Economic DataOn Tuesday, the GBP/USD pair traded within a narrow range between 1.3077 and 1.3080, showing a slight rebound from a demand area. Despite the modest movement, the market is still waiting for more significant developments before making larger moves. UK Economic Data Supports GBP Stability Earlier on Tuesday, the Office for National Statistics (ONS) released key employment data, which provided some support for the British Pound. The ILO Unemployment Rate for the three months leading up to August eased to 4.0%, down from 4.1% in July. Additionally, Employment Change figures showed an increase of 373K in August, up from 265K in July, indicating continued resilience in the labor market. However, the report also showed a slight softening in wage inflation, as the Average Earnings excluding Bonus dropped to 4.9%, down from 5.1%. While wage growth moderated, the overall labor market data was positive enough to give the Pound some stability in the early session. US Data and Market Outlook The economic calendar is light for the US on Tuesday, with no major data releases expected. The market’s focus will shift to Thursday when the USD Core Retail Sales (m/m), Retail Sales (m/m), and Unemployment Claims are due to be released. These reports are expected to bring more volatility to the GBP/USD pair, as they will provide insights into the strength of the US economy and the potential direction of the US Dollar. Until these data are released, the British Pound may continue to hold onto small gains, but the overall market mood remains cautious. Technical Outlook: Bearish Momentum Ahead? From a technical standpoint, GBP/USD remains under bearish pressure, and we anticipate a potential continuation of this trend. While the pair has found some temporary support around the current levels, we expect the bearish momentum to continue until the pair reaches a more solid demand zone around the 1.2800 level. Until the pair approaches this level, we are refraining from opening any new positions, waiting for more clarity on market direction and potential retracement signals. Conclusion GBP/USD is holding steady in a narrow range as UK labor market data provides temporary support. However, the overall outlook remains cautious, with the potential for further bearish pressure. Investors should keep an eye on Thursday’s US data releases, which could trigger more significant movements in the pair. For now, we are waiting for GBP/USD to reach a stronger demand area before considering any new positions. ✅ 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.
by FOREXN1
1
Sell GBP/USD Bearish ChannelThe GBP/USD pair on the H1 timeframe presents a potential selling opportunity due to a recent downward 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 1.3062. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.2988 2nd Support – 1.2960 Stop-Loss: To manage risk, place a stop-loss order above 1.3090. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Today High Impact News : GBP - GDP, Trade Balance EUR - German CPI USD - PPI 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
1
GBPCHF What Next? SELL! My dear subscribers, My technical analysis for GBPCHF is below: The price is coiling around a solid key level - 1.1270 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell), giving a perfect indicators' convergence. Goal - 1.1215 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
GBPCHF - 4hrs ( Buy Trade Target Range 160 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 ( Long ) Type : Mid Term Swing ——————————— Bullish break 1.12500 Area reasons - major Turn level - visible range Hvn - Inner channel Break - Fixed Range Hvn - Day / week high Break Bearish Reversal 1.14500 Area Reasons - Major Turn level - Visible Range Hvn - Pattren Target - Fibo Golden Zone
Long
by GoldenEngine
Bullish reversal?GBP/USD is falling towards the support level which is an overlap support and a breakout from this level could lead the price to drop to our take profit. Entry: 1.3019 Why we like it: There is an overlap support. Stop loss: 1.3113 Why we like it: There is a pullback resistance that aligns with the 23.6% Fibonacci retracement. Take profit: 1.2940 Why we like it: There is a pullback support level that is slightly below the 61.8% Fibonacci retracement. 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.
Short
by VantageMarkets
Sell GBP/USD Triangle Breakout The GBP/USD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.3055 Target Levels: 1st Support – 1.2988 2nd Support – 1.2960 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
7
GBP Ready to React to UK Inflation Dip? UK inflation is forecast to dip below the key 2.0% threshold this week, according to economists monitoring the country’s inflation. For the exact date and time of these major economic events, import the BlackBull Markets Economic Calendar to receive alerts directly in your email inbox.     Morgan Stanley analysts anticipate a larger-than-expected decline, driven by falling airfares and hotel prices—key components of services inflation. This metric is under close scrutiny by the Bank of England ahead of its next rate decision on November 7. GBP/USD is approaching a potential critical support level at the September low of 1.3000, a price point that could test the series of lower highs established since April. This area also served as resistance back in July. On the upside, the next resistance is eyed at 1.3250—a level where we saw the pair drop off a cliff at the beginning of October and faced resistance in august.
by BlackBull_Markets