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GBPUSD

GBPUSD is in the Buying Direction after Testing SupportHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD 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
Long
by ForexMasters2000
GbpUsd could continue its reboundAfter breaking above the falling trendline from the end of January, GBP/USD has entered a consolidation phase between 1.23 and 1.25. Recently, the pair tested the support zone once more and began to rebound. In my opinion, the upward movement will continue, and we could see a test of the next resistance above 1.26. In conclusion, I am looking to buy dips below 1.24, with invalidation occurring on a daily close below 1.23. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by Mihai_Iacob
GBP.USD Longs from 1.25600 back upI expect GBP/USD to continue its bullish momentum and push higher. Following the previous break of structure, I am looking for price to mitigate the 2-hour demand zone to maintain this upward trend. If price does not react from this level, I have also identified a 3-hour demand zone as a secondary point of interest. If price reacts bullishly from either of these zones, my next selling opportunity will be at the refined 1-hour supply zone around 1.26600. Once price reaches this level, I will look for signs of distribution to confirm a potential short setup. Confluences for GU Buys: - For price to continue higher, it must mitigate a strong demand zone to gain momentum. - Liquidity remains above, providing a natural target for price. - The higher time frame trend is still bullish. - Clean 2-hour, 3-hour, and 11-hour demand zones are in close proximity. - DXY has been bearish, which aligns with this bullish GU outlook. P.S. If price drops instead, I have an extreme discounted zone marked at the 11-hour demand zone at the bottom as a potential long entry.
Long
by Hassan_fx
GU Ascends From Triangle - Breakout & Retest Set-UpFX:GBPUSD ended last week with a Bullish Price Breakout of the Ascending Triangle that it fell into after breaking down below Support-Turned-Resistance and finding Support at the October 2023 Lows last month. Overall indicators suggest we could be experiencing a Valid Breakout of this pattern due to: 1) Strong Breaker Bar with Close outside of Range 2) Based on the Range from High to Low of the Ascending Triangle, Price made a 26% move beyond the break 3) Bullish Volume following Break 4) RSI Above 50 The Confirmation of Valid Break will come if price is able to: 1) Close 3 - 5 Days outside of pattern 2) Price successfully is Supported by Previous Structure Broken 3) Bullish Volume Builds on Retest When the Breakout is Validated, Buying opportunities could be delivered in the ( 1.2525 - 1.2485 ) Range on the retest with an immediate Target Profit at the December 2024 Resistance laying overhead at the ( 1.28 - 1.29 ) Range Fundamentally, this month we saw BOE make a 25bps rate cut down to 4.50% with GBP having quite a positive increase in GDP (+.3%) which could be inflationary. USD showed a slight uptick in CPI (+.1% y/y) strengthening the stance on minimal Rate Cutes this year but a big miss in Retail Sales, Unemployment Claims and Non-Farm Employment! GBP: Tuesday - Claimont Count Change/ BOE Gov. Bailey Speaks Wednesday - CPI Thursday - Consumer Confidence Friday - Retail Sales/ Flash Manufacturing PMI/ Flash Services PMI USD: Monday - Presidents Day (Bank Holiday) Tuesday - Empire State Manufacturing Index Wednesday - FOMC Meeting Minutes Thursday - Unemployment Claims/ Philly Fed Manufacturing Index/ Crude Oil Inventories Friday - Flash Manufacturing PMI/ Flash Services PMI/ Existing Home Sales
Long
by Novi_Fibonacci
6
GBP/USD: Bulls in Control… For Now! Key Levels to Watch Hello Folks GBP/USD is holding strong above 1.2533, and I see a potential bullish move toward 1.2805 if momentum continues. But I’m staying flexible—if price breaks below 1.2450, my bias shifts, and I’ll look for downside targets instead. 📊 📍 Here’s how I see it: ✅ Bullish above: 1.2533 → 1.2627 → 1.2650 → 1.2805 🚀 ❌ Bearish shift below: 1.2450 → 1.2378 👀 💡 My Plan: As long as GBP/USD stays above 1.2533, I’m bullish and expecting a push toward 1.2805 📈 If price drops below 1.2450, I’ll reconsider and look for shorts instead 📉 ⚠️ No need to rush—let the market confirm the move!
Long
by QuantumFusion
Harmonic Pattern Trading: Ultimate Guide for 2025Harmonic trading is a powerful price action-based strategy that uses Fibonacci ratios to identify high-probability reversal zones. These patterns fall under XABCD structure, meaning they have five key points (X, A, B, C, and D) and rely on Fibonacci retracements and extensions. By mastering harmonic trading, you can identify trend reversals early and achieve higher win rates compared to traditional technical analysis methods. 🔹 Key Principles of Harmonic Trading 1️⃣ Structure of Harmonic Patterns (XABCD) All harmonic patterns follow the same five-point structure: X → A: The initial move. A → B: The first retracement. B → C: A counter move. C → D: The final leg, forming the Potential Reversal Zone (PRZ). 2️⃣ Fibonacci Ratios in Harmonic Patterns Harmonic trading is Fibonacci-driven, meaning each pattern is defined by specific retracement and extension levels: Common Fibonacci Retracements: 38.2%, 50%, 61.8%, 78.6%, 88.6% Common Fibonacci Extensions: 127.2%, 141.4%, 161.8%, 200%, 224%, 261.8% 3️⃣ Potential Reversal Zone (PRZ) The D-point of the pattern is where price is expected to reverse. This PRZ zone is validated by Fibonacci confluence, support/resistance, and other confirmation signals (RSI, MACD, divergence, etc.). Entry: Around D-point reversal confirmation Stop Loss: Beyond the PRZ invalidation zone Take Profit: Based on Fibonacci extension levels (often 61.8%, 100%, or 161.8% retracements). 🔷 Primary Harmonic Patterns & Their Structure 1️⃣ Gartley Pattern 🦋 ✅ Most popular & reliable harmonic pattern ✅ Predicts trend continuation or reversal ✅ Respects 61.8% Fibonacci retracement from XA Gartley Pattern Structure: AB = 61.8% retracement of XA BC = 38.2% or 88.6% retracement of AB CD = 78.6% retracement of XA D-point PRZ → Strong reversal expected 🚀 Trading Tip: Look for confluence with trendlines, supply-demand zones, and RSI/MACD divergence. 2️⃣ Bat Pattern 🦇 ✅ High-probability reversal setup ✅ Stronger deep retracement of XA compared to Gartley ✅ Ideal for trend continuation & reversal trades Bat Pattern Structure: AB = 38.2% or 50% retracement of XA BC = 38.2% or 88.6% retracement of AB CD = 88.6% retracement of XA D-point PRZ → Expect strong reversal 🚀 Trading Tip: Bat patterns often provide low-risk entries with tight stop losses due to their deep XA retracement. 3️⃣ Butterfly Pattern 🦋 ✅ Predicts deep trend reversals ✅ Used for aggressive counter-trend trades Butterfly Pattern Structure: AB = 78.6% retracement of XA BC = 38.2% or 88.6% retracement of AB CD = 127.2% or 161.8% extension of XA D-point PRZ → Strong trend reversal expected 🚀 Trading Tip: Butterfly PRZ zones are more extended, so look for price exhaustion & divergence before entering. 4️⃣ Crab Pattern 🦀 ✅ The most extended harmonic pattern ✅ Strong 161.8% XA extension creates powerful reversals Crab Pattern Structure: AB = 38.2% or 61.8% retracement of XA BC = 38.2% or 88.6% retracement of AB CD = 161.8% extension of XA D-point PRZ → Extreme overextension, likely strong reversal 🚀 Trading Tip: Use confluence with key support/resistance levels & volume analysis to confirm reversals. 5️⃣ Deep Crab Pattern 🦀 ✅ More reliable version of the Crab Pattern ✅ D-point extends further for deeper pullbacks Deep Crab Pattern Structure: AB = 38.2% or 61.8% retracement of XA BC = 38.2% or 88.6% retracement of AB CD = 224% - 261.8% extension of XA D-point PRZ → Strong reversal expected 🚀 Trading Tip: Similar to the Crab, but requires stronger confirmation signals before entry. 6️⃣ Cypher Pattern 💠 ✅ High accuracy harmonic pattern ✅ Faster entries compared to other patterns Cypher Pattern Structure: AB = 38.2% to 61.8% retracement of XA BC = 127.2% to 141.4% extension of AB CD = 78.6% retracement of XA D-point PRZ → Price reversal likely 🚀 Trading Tip: Look for RSI/MACD divergence at the D-point for added confirmation. 7️⃣ Shark Pattern 🦈 ✅ Newer harmonic pattern variation ✅ Similar to Crab but uses different Fibonacci rules Shark Pattern Structure: AB = 113% - 161.8% extension of XA BC = 113% - 161.8% extension of AB CD = 88.6% retracement of XA D-point PRZ → Strong reversal expected 🚀 Trading Tip: Shark patterns often appear before larger trend reversals, so they work well for early trend detection. 🔷 Advanced Harmonic Patterns Overview 📌 3-Drives Pattern Predicts the end of trends using 3 equal price movements Each drive follows Fibonacci retracements/extensions Strong reversal happens after the 3rd drive completes 📌 Alternate Bat Pattern Similar to Bat but has a deeper B-point retracement (50% of XA instead of 38.2%) More accurate for identifying trend continuation trades 📌 White Swan & Black Swan Developed by harmonic trading expert Scott Carney Similar to the Crab, but focuses on psychological market structure 🚀 How to Trade Harmonic Patterns Successfully Step 1: Identify the Pattern & PRZ Use harmonic pattern scanners or manual Fibonacci tools. Step 2: Wait for Reversal Confirmation Look for candlestick patterns (pin bars, engulfing candles). Check RSI, MACD, and volume divergence. Step 3: Place Your Trade Entry: Once price reacts at PRZ. Stop Loss: Beyond PRZ invalidation level. Take Profit: Fibonacci retracement levels (38.2%, 61.8%, 100%, 161.8%). 🔥 Summary – Why Harmonic Trading Works ✅ High accuracy when Fibonacci ratios are respected ✅ Works across all timeframes (forex, stocks, crypto, indices) ✅ Combines price action, Fibonacci, and confluence factors If you master these harmonic patterns, you'll consistently spot reversals early, maximize profits, and minimize risks! 🚀📈
Education
by ProjectSyndicate
17
GBPUSD is in the Buying Direction after Testing SupportHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD 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
Long
by ForexMasters2000
DeGRAM | GBPUSD growth in the channelGBPUSD is in an ascending channel above the trend lines. The price is moving from the lower boundary of the channel, broke the upper trend line and is holding above the 62% retracement level. The move above the $1.25 level was a strong argument to continue the upside and break the local downtrend structure. We expect that after holding above the 62% retracement level, the chart will continue to rise towards $1.28, but it will be important to watch the pair's reaction to the upper channel boundary. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
3
GBP/USD Up on Positive Growth DataThe British pound climbed to $1.2560 after preliminary data showed the UK economy grew by 0.1% in the final quarter of 2024, defying expectations of a 0.1% contraction and outperforming the Bank of England’s forecasts. This puts the economy slightly ahead of where it was when Labour took office in July, offering some relief to the government. However, challenges remain as the Office for Budget Responsibility is set to release an updated economic and fiscal outlook on March 26, with reports indicating a lowered growth forecast. Meanwhile, the Bank of England cut interest rates by 25bps to 4.5% last week, its third reduction since beginning its easing cycle in August 2024, while also downgrading its 2025 GDP growth forecast to 0.7%. 1.2600 is the first resistance level, with further targets at 1.2650 and 1.2700 if the pair moves higher. On the downside, 1.2340 serves as the first support level, followed by 1.2265 and 1.2100 if selling pressure intensifies.
by zForexcom
DeGRAM | GBPUSD testing of the channelGBPUSD is under an ascending channel between the trend lines. The price has reached the lower boundary of the channel and 62% retracement level. Indicators on small timeframes indicate oversold. We expect the growth to continue after the retest of the channel boundary is completed with a potential reaching of dynamic support. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
8
GBPUSD H4 | Bearish FallBased on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.2560, which is swing high resistance. Our take profit will be at 1.2466, an overlap support level. The stop loss will be placed at 1.2619, above a swing high 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.
Short
by FXCM
Reciprocal tariffs teased, markets react President Donald Trump has just signed a sweeping reciprocal tariff plan. The directive instructs the U.S. to develop new levies on a country-by-country basis but stopped short of implementing any immediate levies. The Dow reached an intraday high after the market realized the reciprocal tariff process could take weeks or months. In forex, the biggest gainers have been the Japanese yen and the Swiss franc, although the British pound is performing well too. Wells Fargo predict that the tariffs could slow economic growth this year, describing them as a “modest stagflationary shock”. A study from the Peterson Institute estimates that existing import tariffs on Chinese, Mexican, and Canadian goods already cost the average American household over $1,200 annually, with reciprocal tariffs likely adding to that burden.
by BlackBull_Markets
UK GDP beats forecast, gives sterling a liftThe British pound has edged higher on Thursday.  GBP/USD is trading at 1.2460, up 0.15% on the day. The UK economy ended 2024 on a high note, as GDP rose 0.4% m/m in December. This was the fastest pace of growth in nine months and blew past the market estimate of 01.%. The surprise gain was driven by increases in services and manufacturing activity. Annually, the economy expanded 1.5% in December, its best showing since Oct. 2022. This followed a revised 1.1% gain in November and beat the market estimate of 1%. The surprise to the upside in GDP is welcome news but is tempered by the fact that much of the growth may have been due to government spending, as business investment decreased in the fourth quarter and consumer spending was flat. GDP quarterly growth was only 0.1%, an indication that the UK economy is still weak. Fed Chair Jerome Powell testified before the House Financial Services Committee on Wednesday, just after the release of January's hot inflation report. Headline and core CPI were both higher than expected, with headline inflation accelerating for a fourth consecutive month. Powell told lawmakers that the Fed had made "great progress" on inflation, but acknowledged there was more work to do. Powell said that the Fed doesn't "get excited about one or two bad readings" but there are concerns that inflation could be moving in the wrong direction, away from the Fed's 2% target. The Fed's battle with inflation has also become more complicated with President Donald Trump's promise to impose tariffs on US trading partners. Trump has called on the Fed to lower interest rates, raising fears that he is trying to dictate monetary policy to the Fed, which is suppose to act independent of political considerations. GBP/USD tested resistance at 1.2493 earlier. Above, there is support at 1.2541 1.2435 and 1.2387 are the next support levels
by OANDA
XAU/USD : Important Zones for BUY and SELL ! (READ THE CAPTION)By analyzing the 30-minute gold chart, we can see that gold continued its bullish momentum yesterday, reaching a new all-time high at $2,942, as expected from our previous analysis. It was still too early to anticipate a correction, and the strong momentum pushed the price higher. Currently, gold is trading around $2,900, and I expect the price to dip below $2,896 soon to collect liquidity before we assess its reaction to this level. Additionally, there is an FVG between $2,929 and $2,934, which I expect to be filled soon as price moves higher. Keep a close watch on how gold reacts at this level for potential SELL setups. The key BUY zones to consider are $2,875, $2,866, and $2,856. 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
FX_IDC:XAUUSD
by ArmanShabanTrading
28
xauusd whats next? **Gold Prices Surge Amid Resilient Market Sentiment** Gold prices have surged once again, driven by robust buying activity as market participants capitalized on recent dips. As of Thursday, gold (XAU/USD) has climbed to $2,920, recovering sharply from a brief decline the previous day. This rally comes despite macroeconomic and geopolitical headwinds, including persistent U.S. inflation concerns and discussions of a potential peace deal between Ukraine and Russia. ### **Key Drivers of Gold’s Rally** 1️⃣ **Inflation and the Fed:** Gold’s momentum follows a surprising January Consumer Price Index (CPI) report, which showed hotter-than-expected inflation. While the data initially spurred concerns about prolonged Federal Reserve tightening, market participants remain confident in gold's safe-haven status. Traders seem unfazed by rising U.S. Treasury yields and the Fed’s commitment to elevated interest rates, focusing instead on gold’s resilience amid broader uncertainties. 2️⃣ **Geopolitical Tensions:** Despite reports of peace talks between U.S. President Donald Trump and Russian President Vladimir Putin concerning the Ukraine conflict, gold's bullish trajectory remains intact. Investors appear cautious, viewing the negotiations as fraught with uncertainty. While a peace deal could ease geopolitical tensions and trigger risk-on sentiment, the market’s current preference for safety has sustained gold’s appeal. 3️⃣ **Weaker Dollar Boosting Gold:** The U.S. Dollar Index (DXY) softened amid optimism surrounding potential peace talks, alongside currency market volatility. A weaker dollar traditionally supports gold, as the two are inversely correlated, further bolstering the metal’s recent gains. ### **Market Dynamics: Yields and Gold Diverge** Interestingly, gold’s rally has coincided with rising U.S. Treasury yields—a divergence from historical trends. Typically, higher yields weigh on gold due to its non-yielding nature. However, this time, gold’s safe-haven allure amid inflationary pressures and geopolitical uncertainty appears to be overriding these dynamics. The CME FedWatch tool indicates a 64.3% probability that the Federal Reserve will keep rates unchanged through June 2025, up from 50.3% before the January CPI release. This shift reflects expectations of prolonged restrictive monetary policy, which could paradoxically support gold as inflation concerns persist. ### **Technical Analysis: Bulls Eyeing Record Highs** Gold maintains a strong bullish bias, with prices supported by the 50-period Exponential Moving Average (EMA). Currently consolidating within a key buying zone between $2,900 and $2,907, the metal’s upward trajectory remains intact. **Key levels to watch:** - **Immediate Resistance:** $2,918 to $2,920. A successful consolidation above this range could set the stage for a test of $2,942 and potentially a new all-time high at $2,980. - **Support Zone:** Holding above $2,907 will be critical for sustaining bullish momentum. ### **Outlook and Risks** As markets digest the interplay of macroeconomic data, Federal Reserve policy, and geopolitical developments, gold remains a focal point for traders. While optimism around peace talks between Trump and Putin could introduce volatility, persistent uncertainties ensure gold’s safe-haven demand stays robust. **Takeaway for Traders:** Gold’s resilience amidst rising yields, elevated inflation, and geopolitical uncertainty highlights its role as a reliable safe-haven asset. Watch for a breakout above $2,920 for further bullish confirmation, with potential upside targets at $2,942 and beyond. #gold #trading #marketupdate #CPI #Powell
OANDA:XAUUSDLong
by realmillionairefx
GBPUSD resistance retest after upbeat UK GDP dataThe GBPUSD currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. This morning, the GBPUSD currency pair spiked higher towards 1.2500 resistance level. This was a reaction to the upbeat UK GDP data, which showed that the economy expanded at an annual rate of 1.4% in Q4, surpassing the market expectation of 1.1%. The key trading level is at 1.2550, which is the 25th February swing high. An oversold rally from the current levels and a bearish rejection from the 1.2550 level could target the downside support at 1.2400 followed by 1.2330 and 1.2250 levels over the longer timeframe. Alternatively, a confirmed breakout above 1.2550 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 1.2600 resistance level followed by 1.2650 and 1.2700. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
GBP/USD Supported by Peace Deal HopesThe GBP/USD traded at $1.246, holding steady with global market optimism. The pound found support from peace deal hopes between Ukraine and Russia but struggled against a stronger U.S. dollar, supported by rising Treasury yields and recent inflation data. The Federal Reserve’s cautious approach to rate cuts has kept the dollar firm, while UK economic concerns, including a potential GDP contraction, weigh on the pound. With upcoming U.S. PPI data, GBP/USD could face further pressure. The first resistance level for the pair will be 1.2500. In the event of this level's breach, the next levels to watch would be 1.2600 and 1.2650. On the downside 1.2340 will be the first support level. 1.2265 and 1.2100 are the next levels to monitor if the first support level is breached.
by zForexcom
GBP/USD "The Cable" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on! however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at 1.23750 (swing Trade) Using the 4H period, the recent / nearest low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1.28000 (or) Escape Before the Target Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: GBP/USD "The Cable" Forex Market market is currently experiencing a bullish trend,., driven by several key factors. 🔰 Fundamental Analysis The current price of GBP/USD is 1.25110, with a slight increase from the previous day's open price of 1.23935. This upward movement could be attributed to the UK's economic indicators, such as GDP growth rate, inflation rate, and employment data. 🔰 Macroeconomic Analysis From a macroeconomic perspective, the UK's economy has been experiencing a slowdown due to Brexit uncertainties and global economic downturn. However, the Bank of England's monetary policy decisions, such as interest rate changes, have been influencing the GBP/USD exchange rate. 🔰 COT Report Net Long Positions: Institutional traders have increased their net long positions in GBP/USD to 60% COT Ratio: The COT ratio has risen to 2.5, indicating a bullish trend Non-Commercial Traders: Non-commercial traders, such as hedge funds and individual traders, have increased their long positions to 65% 🔰 Technical Analysis Trend Line: The pair is holding comfortably above the ascending trend line Moving Averages: The 200-period and 100-period Simple Moving Averages (SMA) are indicating a bullish bias Relative Strength Index (RSI): The RSI indicator on the 4-hour chart stays above 50, indicating a bullish trend 🔰 Market Sentiment Bullish Sentiment: 63% of client accounts are long on this market, indicating a bullish sentiment Bearish Sentiment: 37% of client accounts are short on this market, indicating a bearish sentiment. 🔰 Positioning Data Analysis Institutional Traders: Institutional traders are positioning themselves for a bullish trend, with some predicting a move to 1.28000. Corporate Traders: Corporate traders are also monitoring the pair's performance, considering factors like interest rates and global economic trends 🔰 Overall Outlook Bullish Trend: The GBP/USD pair is expected to continue its bullish trend, with potential upside to 1.28000. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Long
by Thief_Trader
EUR/USD Bullish Rebound Strong Support SignalEUR/USD is trading at approximately 1.0430. Your target price of 1.0630 suggests an anticipated upward movement of 200 pips, indicating a bullish outlook as the pair rebounds from a strong support level. Technical analysis indicates that EUR/USD has rebounded off multi-month trend support, with the pair now trading unchanged for 2025. This suggests that a breakout may be imminent, with key resistance levels to watch at 1.05 and 1.0573/87. A decisive move above these levels could pave the way toward your target price of 1.0630. Fundamentally, the European Central Bank (ECB) has implemented five interest rate cuts since June, with the possibility of up to three more reductions this year. This monetary easing stance aims to stimulate economic activity within the Eurozone. In contrast, the U.S. Federal Reserve has adopted a more cautious approach, indicating no immediate plans for rate cuts despite persistent inflation. These divergent monetary policies could influence the EUR/USD dynamics, potentially supporting a bullish scenario for the euro. In summary, the EUR/USD pair is exhibiting signs of a potential bullish breakout, supported by technical indicators and contrasting monetary policies between the ECB and the Federal Reserve. Traders should monitor key resistance levels and stay attuned to central bank communications to make informed trading decisions.
Long
by AndrewsMarket-Mastery
2