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GBPUSD

Fundamental Market Analysis for December 31, 2024 GBPUSDThe GBP/USD pair is recovering the previous session's losses, trading around 1.25500 during Asian hours on Tuesday. The pair's growth can be attributed to the weakening of the US dollar (USD) amid a decline in US Treasury bond yields. The U.S. Dollar Index (DXY), which measures the value of the U.S. dollar against six major peers, remains low around 108.00. The dollar ran into trouble when U.S. Treasury bond yields fell about 2% on Monday. The 2-year and 10-year bond yields were 4.24% and 4.53%, respectively. The U.S. Federal Reserve announced a more cautious outlook for additional rate cuts in 2025, marking a shift in monetary policy stance. This development underscores the uncertainty over future policy adjustments amid the expected economic strategies of the incoming Trump administration. The British Pound came under pressure as traders slightly increased their dovish bets on Bank of England (BoE) policy in 2025. Market expectations now reflect a 53 basis points (bps) interest rate cut next year, down from the 46 bps projected after the Dec. 19 policy announcement, during which the Bank of England kept rates at 4.75% with a 6-3 vote split. Trading Recommendation: Watch the level of 1.25500, if consolidated below consider Sell positions, if rebounded consider Buy positions.
by Fresh-Forexcast2004
GBP/USD Surge Incoming: Targeting 1.2757 – Strong Demand Zone 📈 Trade Setup: 🟢 Current Price: 1.2549 🎯 Take Profit 1: 1.2603 🎯 Take Profit 2: 1.2670 🎯 Take Profit 3: 1.2757 🔹 Stop Loss: 1.241 (below the demand zone) 📊 Technical Overview: GBP/USD is showing strong bullish momentum, holding above the demand zone since April. The price has bounced multiple times, confirming strong demand and upward pressure. 💡 Stop Loss is placed below the demand zone at 1.241 for protection against downside risks. The take profit targets are set at 1.2603, 1.2670, and 1.2757, each aligning with key resistance levels. ⚠️ Risk Management: Ensure proper risk management and avoid over-leveraging. A break below 1.241 would invalidate this setup and suggest a bearish reversal.
Long
by ValchevFinance
GBP/USD Technical Analysis: Key Levels and Possible ScenariosThe chart focuses on GBP/USD in the 1-hour timeframe, highlighting critical resistance levels and potential downside targets. The current setup indicates rejection from a resistance zone, with a potential move toward the predefined price targets. Key Levels: Resistance Zone at 1.2580–1.2590: This area has acted as a strong resistance, with the price failing to break above it. A breakout above this zone could shift the market sentiment and pave the way for further upside toward 1.2600+. Downside Targets: 1.25124 and 1.25012 have been identified as key bearish targets. These levels represent potential areas where the bearish momentum may slow down or pause. Indicator Insights: DT Oscillator: Currently trending downward, indicating bearish momentum in the short term. A further drop toward oversold territory could coincide with the price approaching the bearish targets. Scenarios: Bearish Scenario: Continued rejection from the 1.2580–1.2590 resistance zone could lead the price toward the bearish targets at 1.25124 and 1.25012. A breakdown below 1.25012 could accelerate the downside movement further. Bullish Scenario: If the price reverses and breaks above the 1.2580–1.2590 resistance zone, it could invalidate the bearish outlook and signal a potential move toward higher levels, such as 1.2600+. Conclusion: GBP/USD is showing signs of bearish momentum, with 1.2580–1.2590 acting as a strong resistance and 1.25124 and 1.25012 identified as key downside targets. Traders should monitor price reactions at these levels and use confirmation signals, such as momentum shifts, to adjust their strategies accordingly. Feel free to share your thoughts in the comments and follow me for more detailed analyses!
Short
by Mohammad_Mirdehghan
Gold Price Consolidates Near $2,620The gold price (XAU/USD) is in a consolidation phase around $2,620.00, showing a recovery session from previous declines, although trading volumes remain light due to the upcoming New Year holiday. On the support side, key levels are found at the exponential moving averages ($2,625 and $2,630), with a risk of further bearish pressure if these levels are breached, potentially driving the price toward the monthly low of $2,580. Uncertainties tied to the economic policies of the incoming Trump administration and the Federal Reserve’s cautious stance on rate cuts for 2025 represent a mix of potential bullish and bearish catalysts. The precious metal could benefit from safe-haven demand in the context of escalating geopolitical tensions, such as the Russia-Ukraine conflict and ongoing unrest in the Middle East, which continue to fuel risk aversion sentiment. Gold closed 2024 with a 27% gain, driven by central bank purchases, geopolitical tensions, and accommodative monetary policies. However, the strengthening dollar and higher U.S. Treasury yields have capped further advances. The Dollar Index (DXY) remains near its highs, but the decline in 2- and 10-year Treasury yields could support the metal despite the outlook for more limited rate cuts in the coming year.
OANDA:XAUUSDShort
by Forex48_TradingAcademy
1
Weekly Forex Forecast: Last Show For 2024Dec 30th to Jan 3rd. USD is still strong, and so are the indices. I will be looking for buys until there is a significant bearish Break of Structure. A strong USD is a headwind for Gold, Silver and the other metals. It is also a headwind for GBP, EUR and the other majors. USDCHF, USDCAD and USDJPY should see some upside. Thank you for hangin' with me for 2024! I hope you found a benefit in my weekly forecasts this year. 2025 will be even better! Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
by RT_Money
Potential bullish rise?The Cable (GBP/USD) has reacted off the pivot which is a pullback support and could rise to the 1st resistance which has been identified as a pullback resistance. Pivot: 1.2492 1st Support: 1.2331 1st Resistance: 1.2649 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.
Long
by ICmarkets
GOLD IN CORRECTION FOR SELLOnly weekly is in buy but it give sub choch for sell which is day sell CHOCH in day retracement also gives day sub choch for sell now gold in day sub choch retracement confirm point strgy if above 2608 it will continue to 2650-2660 which is day sub choch 50% fibo zone then if we got 4hrs revers sell point on there we can place sell order on there other wise we must wait 2717-2725 extreme sell area(day sub choch OB) then we place aggressive entry on there if market opens below 2608 our buy entry should be 2587 sl 2580 and sell analysis will be same week=BUY Day= sell and Retracement buy 4hrs-15mins-1min=buy THIS ANALYSIS MAY CHANGE AFTER MARKET OPENS
OANDA:XAUUSDLong
by SATHAYAM_ACADEMY
GBPUSD Analysis: Anticipated Decline from Key Selling ZonesOn the H4 timeframe, GBPUSD is currently approaching identified selling zones, specifically Zone 1 at 1.2614 and Zone 2 at 1.2660. Anticipation is for a downward price movement initiating from either of these zones. Projected price targets include: Target Price 1 at 1.2447, expected to be reached within the forthcoming week. Target Price 2 at 1.2301. We will continue to monitor and update the chart dynamically as price action evolves.
Short
by coolbouy
1
My plan keep SELLING GBPUSD all timeframe*Notice: It is Xmas and New Year holiday so that the Market is very slow and low volume. (reduce volume on your trading position) About this Plan for OANDA:GBPUSD today: - I saw a strong downtrend structure on almost timeframe of GU : D1 - H4 -H1 - I saw Confirmed downtrend signal on H1 and also H2 timeframe So I make this plan for SHORT GBPUSD today: Entry Zone: 1.25200 - 1.25300 Stoploss: 1.25700 (=1R) Target Expected: target 1: 1.24500 target 2: 1.23500 (RR= 4.1)
Short
by KenvinZone
gbp usdGBP/USD regains its traction and trades in positive territory near 1.2550 after declining toward 1.2500 earlier in the day. Nevertheless, the cautious market mood limits the pair's upside as trading volumes remain low following the Christmas break. The Pound Sterling (GBP) weakened against its major counterparts as expectations grew for a dovish policy stance from the Bank of England (BoE) in the coming year. In December, the UK central bank held its key interest rate steady at 4.75%, but a surprising split vote—where three policymakers supported rate cuts—hinted at a potentially faster pace of easing in 2025 Market expectations for 2025 now include a 53-basis-point (bps) rate cut, up from the previously anticipated 46 bps. This adjustment follows a 6-3 vote by the Monetary Policy Committee (MPC), with three of the nine members advocating for a 25 bps rate reduction. Investors interpreted this as a clear signal of a dovish shift on the horizon.
Short
by Eliana74
GBPUSD H1 I Bearish Continuation?Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.2556, which is a pullback resistance aligning with a 50% Fibo retracement. Our take profit will be at 1.2497, an overlap support close to the 78.6% Fibo retracement. The stop loss will be placed at 1.2609, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
GBPUSD Is Bullish! Buy! Take a look at our analysis for GBPUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.252. The above observations make me that the market will inevitably achieve 1.258 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
Fundamental Market Analysis for December 26, 2024 GBPUSDGBP/USD currency pair was not traded on Wednesday due to the closure of the Forex market. On the weekly timeframe, the pound demonstrates similar dynamics to the euro. The differences lie in the strength of the movements, reflecting the different stability of the euro and the pound. However, the general trend is set by the growth of the US dollar, which has been strengthening for 16 years. This confirms that it is the dollar that is driving the market, not the weakness of the euro or pound. Over the past 16 years, the euro has depreciated 1.55 times and the pound 1.69 times. The pound's faster fall is due to the UK's economic problems. The pound has recovered more strongly than the euro over the past two years, but this movement remains a correction within a global downtrend. The fall in the British currency is likely to continue. If the global trend is not completed, the pound could fall to the 1.18 level in 2025 or even below this parity. The completion of a 16-year trend requires significant catalysts, which have not yet been seen. The main driving force for the pair remains economic data from the US, while the British Pound continues to be under pressure due to weak macroeconomic data and political instability in the UK. Investors should keep an eye on news related to the Fed's monetary policy and interest rate expectations. Trading recommendation: Trading mainly with Sell orders from the current price level.
Short
by Fresh-Forexcast2004
GBPUSD H1 I Falling from 61.8% Fibo? Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.2557, which is a pullback resistance close to a 61.8% Fibonacci retracement. Our take profit will be at 1.2516, a multi-swing low support level. The stop loss will be at 1.2584, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM