Fundamental Market Analysis for February 20, 2025 GBPUSDEvent to pay attention to today:
15:30 EET. USD - Unemployment Claims
GBPUSD:
The GBP/USD pair is holding strong following losses on the previous two consecutive days, trading at around 1.25900 during the Asian session on Thursday. However, the pair is under pressure due to concerns over tariffs from US President Donald Trump, which have led to increased demand for the US Dollar (USD).According to Bloomberg, Trump announced plans to impose 25 per cent tariffs on foreign cars on Tuesday, as well as expected duty hikes on semiconductor chips and pharmaceutical products. The official announcement is expected to be made on 2 April.Market participants are now focusing on key US economic data, including weekly initial jobless claims, the central bank's leading economic index and the Philadelphia Fed manufacturing index, which will be released during the North American session.The minutes of the Federal Open Market Committee (FOMC) meeting for January, released on Wednesday, confirmed the decision to leave interest rates unchanged in January. The committee emphasised that further assessment of economic activity, labour market trends and inflation was required before any adjustments to rates could be considered, and that clear indications of falling inflation were necessary for any rate cuts to be implemented.Despite the release of better-than-expected annual inflation figures on Wednesday, the British pound (GBP) did not strengthen.
The UK Office for National Statistics (ONS) reported that January's Consumer Price Index (CPI) rose 3.0% year-on-year, beating December's 2.5% rise and market expectations of 2.8%. This figure remains well above the Bank of England's (BoE) inflation target of 2%.Bank of England directors have previously recognised that inflation could rise in the short term due to higher energy prices and then gradually return to target. Earlier this week, Bank of England Governor Andrew Bailey reiterated that while inflation may rise temporarily, he does not expect it to be sustainable and still sees a gradual disinflationary trend.
Trading recommendation: BUY 1.26000, SL 1.25350, TP 1.26700
GBPUSD
GBPUSD OUTLOOK.Market Structure Break Down.
1) Weekly- In this timeframe, the main structure is Bearish. Creating LH & LL. The price pulls back before long-term continuation unless it breaks the structure at 1.28000. The current candle is unidentifiable.
2) Daily- Market Structure is bullish creating HH & HL. Therefore, only buy setups we oat to look for on the lower-timeframe.
3)4H- Market structure is showing a clear bullish trend. However, the price has been consolidating since the market opened for the week. Before the Bullish continuation, expect liquidity grabs at 1.25000.
I am waiting for the price to break the 4H range and then wait for an entry confirmation.
Feel free to comment your thoughts on this breakdown.
Bullish bounce off pullback support?GBP/USD is falling towards the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.2526
Why we like it:
There is a pullback support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.2463
Why we like it:
There is a pullback support level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 1.2660
Why we like it:
There is a pullback resistance level.
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GBPUSD Bearish ContinuationGBPUSD price seems to exhibit signs of overall Bearish momentum as the price action may form a credible Lower High with multiple confluences through key Fibonacci and Resistance levels which presents us with a potential short opportunity.
Trade Plan :
Entry @ 1.2580
Stop Loss @ 1.2830
TP 0.9 - 1 @ 1.23550 - 1.2330
XAU/USD : Time for BUY? Let's see! (READ THE CAPTION)By analyzing the 1-hour gold chart, we can see that, as expected, gold broke above the $2,902.5 resistance yesterday and continued its bullish movement, successfully hitting the next targets at $2,914 and $2,919!
I hope you made the most of this analysis! 🚀
The next potential move depends on whether gold stabilizes above $2,914. If it does, we could see further growth toward $2,922 and $2,928 as the next upside targets.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Wednesday 19th Feb '25 The Day Ahead Wednesday February 19
Data: US January building permits, housing starts, February New York Fed services business activity, China January new and used home prices, UK January CPI, RPI, PPI, December house price index, Italy December current account balance, ECB December current account
Central banks: Fed's FOMC minutes, Jefferson speaks, RBNZ decision, BoJ's Takata speaks
Earnings: HSBC, Analog Devices, Rio Tinto, Glencore, Carvana, BAE Systems, Vale, Carrefour, Etsy
Auctions : US 20-year Bonds ($16bn)
Cable H4 | Falling to pullback supportCable (GBP/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 1.2562 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 1.2490 which is a level that lies underneath a pullback support.
Take profit is at 1.2660 which is a swing-high resistance.
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. 63% 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 (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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.
xauusd video analysis for the weekXAU/USD (Gold vs. US Dollar) Analysis: February 17 – Febrauary 25, 2025
This analysis provides an in-depth evaluation of gold’s potential trajectory over the specified period, integrating fundamental drivers, technical indicators, and expert forecasts. Key factors influencing gold include geopolitical risks, monetary policy shifts, inflation trends, and technical patterns.
1. Fundamental Drivers
A. Geopolitical and Economic Uncertainty
Trade Tensions: The U.S. administration’s recent tariffs (e.g., 25% on Mexican and Canadian imports, 10% on Chinese goods) have amplified global trade risks, increasing demand for gold as a safe-haven asset.
Middle East and China Risks: Escalating geopolitical tensions in the Middle East and a slowdown in China’s economy (evidenced by a decline in the Caixin PMI) are further driving investors toward gold.
B. Monetary Policy and Inflation
Fed Rate Cuts: Expectations of two Federal Reserve rate cuts in 2025 and dovish stances from the ECB and BoE are weakening fiat currencies, boosting gold prices.
Inflation Hedge: Persistent inflation, driven by tariffs and supply-chain disruptions, enhances gold’s appeal. Analysts caution that U.S. inflation could exceed targets, forcing the Fed to reverse rate cuts, which may temporarily support the USD but ultimately favor gold.
C. Central Bank Demand
Central banks, notably China’s PBOC, are accumulating gold reserves to diversify away from the USD, creating structural demand.
2. Technical Analysis
A. Short-Term Signals (February–March)
Momentum Indicators: The RSI (26.05) and Stochastic Oscillator (14.5) signal oversold conditions, suggesting a potential rebound.
Key Levels:
Support: $2,830 (February 10 analysis) and $2,720 (ascending channel lower boundary).
Resistance: $2,887 (immediate target) and $2,900 (psychological barrier).
2. Key Technical Levels
Support Levels:
Immediate Support: $2,880 – This level aligns with the 23.6% Fibonacci retracement from the recent rally.
Critical Support: $2,850 – Represents the lower boundary of the ascending channel formed since late 2024.
Resistance Levels:
Immediate Resistance: $2,920 – A breach could trigger bullish momentum toward higher targets.
Key Resistance: $2,959 – The upper boundary of the channel and a major psychological level.
3. Momentum Indicators
Relative Strength Index (RSI): Currently at 62, indicating bullish momentum but approaching overbought territory.
Moving Averages (MA):
50-Day MA: Positioned at $2,910, offering dynamic support.
200-Day MA: Located at $2,780, signaling long-term strength.
Stochastic Oscillator: Signals potential upside as it exits oversold conditions on the 4-hour chart.
4. Chart Patterns and Trends
Ascending Channel: Gold continues to trade within an ascending channel, maintaining a bullish structure.
Bullish Flag Formation: On the daily chart, a bullish flag suggests a potential breakout if prices sustain above $2,920.
Candlestick Signals: Last Friday’s bullish engulfing pattern highlights strong buying interest.
5. Scenarios for the Week
Bullish Scenario:
A breakout above $2,920 could target $2,965 and $3,000.
Momentum indicators support further upside if geopolitical tensions persist.
Bearish Scenario:
A failure to hold $2,880 may lead to a decline toward $2,850.
Profit-taking or USD strength could pressure gold, particularly if U.S. economic data surprises positively.
Bullish Targets/ Resistance
2890
2906
2928
2934
2959
2972
2987
3023
Bearish/Support
2872
2857
2841
2807
2781
GBP/USD Analysis & Key Trading Zones🚀 GBP/USD is at a crucial point, showing signs of potential movement. Here’s what to watch:
🔹 Daily Structure:
GBP/USD remains in a choppy range, showing indecision at key price levels.
Major liquidity zones remain below recent lows, making downside sweeps possible before any bullish continuation.
50% retracement level aligns with the next area of interest, suggesting a potential reaction point.
🔹 4H Structure & Liquidity Grabs:
The pair has tapped into a fresh 4H demand zone, which could fuel the next upside move.
Internal liquidity sweeps suggest GBP/USD may be gathering momentum for a push higher.
If price breaks a key 1H fractal high, it could confirm a shift in structure.
🔹 Key Levels to Watch:
✅ Support Zones:
1.2600 - 1.2580: Potential liquidity grab & bounce zone.
1.2550: Deeper support for high-probability longs.
❌ Resistance Zones:
1.2680 - 1.2700: A key supply area.
1.2750: Break above = bullish confirmation.
🔹 Trading Plan:
📊 If GBP/USD retests demand & holds, long positions targeting 1.2680+ are valid.
📊 If the dollar index weakens further, GBP/USD may see additional bullish momentum.
📊 If support fails, look for a break-and-retest of 1.2550 before considering longs again.
⚡ What’s your bias on GBP/USD? Bullish or Bearish? Drop your thoughts below! 👇📉📈
#GBPUSD #ForexTrading #PriceAction #SmartMoney #Liquidity #TradingView
Bearish drop?GBP?USD is reacting off the resistance level which is an overlap resistance that lines up with the 127.2% Fibonacci extension and could drop from this level to our take profit.
Entry: 1.2614
Why we like it:
There is an overlap resistance level that aligns with the 127.2% Fibonacci extension.
Stop loss: 1.2719
Why we like it:
There is an overlap resistance level.
Take profit: 1.2524
Why we like it:
There is a pullback support level that lines up with the 38.2% Fibonacci retracement.
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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.
GBPUSD - Long from trendline !!Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. My point of interest is rejection from trendline + LZ around level 1.25000.
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GBP/USD: Bank of England's Cautious Tone Sparks DeclineThe British pound has retreated from its recent gains, succumbing to downward pressure as Bank of England (BoE) Governor Andrew Bailey voiced his apprehensions regarding the economic outlook. This cautious stance from the BoE's leadership has cast a shadow over the currency, prompting investors to reassess their positions.
From a technical analysis perspective, the GBP/USD pair is currently navigating a critical zone, characterized by a supply area that has historically acted as a barrier to upward movement. Notably, the latest Commitments of Traders (COT) report reveals that retail traders are predominantly positioned on the bullish side of the market, suggesting a potential mismatch between market sentiment and the underlying fundamentals.
Furthermore, seasonal patterns indicate that the pound may be on the cusp of a bearish momentum shift. This confluence of technical and seasonal factors has created a high-probability setup for a potential reversal, with the price action poised to challenge the recent uptrend.
In light of these developments, we are actively seeking a short setup, anticipating that the pound's decline may gain momentum in the near term. The alignment of technical, fundamental, and seasonal forces suggests that the GBP/USD pair may be vulnerable to a corrective move, presenting an opportunity for traders to capitalize on the potential downturn. As the market continues to evolve, careful monitoring of the price action and trading sentiment will be crucial in determining the optimal entry and exit points for this potential short trade.
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AUDNZD Ascending Triangle Bullish Breakout Targeting 1.1340The AUDNZD currency pair is currently trading at 1.1140, with a target price of 1.1340, suggesting a potential upward move of 100+ pips. The pair is forming an ascending triangle pattern, a classic bullish continuation pattern. This pattern typically forms when the price consistently makes higher lows while encountering a horizontal resistance level, signaling a potential breakout above the resistance. Traders are looking for a confirmation of the breakout above the resistance level to target 1.1340.
From a technical perspective, the ascending triangle is often a sign of market indecision, but it’s typically followed by a breakout to the upside when the price pushes through the resistance at the top of the triangle. In this case, the breakout would likely target the 1.1340 level, where the next significant resistance could come into play.
On the fundamental side, the Australian dollar has been relatively stronger recently due to robust commodity exports, particularly iron ore and coal. In contrast, the New Zealand dollar faces pressure from a more dovish outlook from the Reserve Bank of New Zealand, which has recently taken a cautious approach to monetary policy. These economic dynamics could support the bullish case for AUDNZD, especially if the breakout occurs in favor of the Aussie dollar.
In summary, the ascending triangle pattern on AUDNZD points toward a bullish breakout above the 1.1160 resistance. If confirmed, the pair could target the 1.1340 level. Keep an eye on any upcoming economic data from both Australia and New Zealand, as these could provide further confirmation or invalidate the breakout.
GBP/USD Analysis – Bullish Momentum or a Pullback?GBP/USD Technical Analysis – Bullish Momentum or a Temporary Pullback?
By Dhanda The Great
The GBP/USD currency pair has been on an interesting journey over the past few months, experiencing a significant downtrend before showing signs of a bullish reversal. The big question now: Is this the beginning of a sustained uptrend, or just a temporary pullback?
Chart Analysis & Key Levels
Breakout from the Downtrend:
The pair was trading within a descending channel for months, indicating a strong bearish structure.
Recently, GBP/USD broke out of this channel, which could signify a trend reversal or at least a short-term bullish correction.
Support & Resistance Zones:
Support: The key demand zone lies between 1.2100 - 1.2200, where previous bounces have occurred.
Resistance: GBP/USD faces a crucial test around 1.2750 - 1.2800. A break above this level could propel the pair towards the psychological 1.3000 mark.
Moving Averages & Bollinger Bands:
The price is currently riding the upper Bollinger Band, which shows strong buying pressure.
Short-term EMAs (Exponential Moving Averages) are crossing upwards, signaling potential bullish continuation.
Trade Ideas & Market Outlook
📈 Bullish Scenario:
If GBP/USD holds above 1.2600, it could gain further momentum towards 1.2750 - 1.2800.
A confirmed breakout above 1.2800 would open doors for 1.3000.
📉 Bearish Scenario:
If the price fails to sustain above 1.2600, we could see a pullback to 1.2300 - 1.2200.
A break below 1.2200 would indicate bearish strength, potentially leading to 1.2000 or lower.
Final Thoughts
The GBP/USD is at a critical juncture, and traders should keep an eye on key levels. With fundamental catalysts like economic data and central bank policies, volatility is expected. A sustained breakout above 1.2800 could mark the beginning of a strong bullish trend, while rejection could send prices lower.
🔥 What’s Next?
Keep an eye on GBP/USD and be ready to react!
Let’s make 2025 the year of your financial success! 🚀💰
#GBPUSD #ForexTrading #DhandaTheGreat #Investing #TradingSignals #FinancialFreedom
GBP/USD Rises on Strong UK GDPGBP/USD climbed to 1.2595 in early Asian trading on Sunday, driven by strong UK GDP data and weaker US retail sales. January retail sales dropped 0.9%, the steepest decline in nearly two years, after a revised 0.7% rise in December, far below the expected 0.1% dip. However, year-over-year sales grew by 4.2%. Meanwhile, the UK economy expanded by 0.1% in Q4 2024, beating forecasts and strengthening the Pound.
Key resistance is at 1.2600, with further levels at 1.2650 and 1.2700. Support stands at 1.2340, followed by 1.2265 and 1.2100.
GBPUSD M15 I Bearish Drop Based on the M15 chart, the price is rising toward our sell entry level at 1.2618, aligning with a pullback resistance level and the 50% Fibonacci retracement. This setup suggests a potential bearish reversal.
A rejection at this level could drive prices lower toward our take profit at 1.2596, a pullback support that aligns with the 78.6% Fibonacci retracement.
The stop loss is set at 1.2634, a 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 (fxcm.com/uk):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (fxcm.com/eu):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (fxcm.com/au):
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 fxcm.com/au
Stratos Global LLC (fxcm.com/markets):
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.