GBPUSD | Perspective for the new week | Follow-upThe dollar tested a new nine-month low as economic data from the U.K. strengthened the case for more interest rate hikes. Despite a rosy year for the Pound sterling, Last week's trading session was so choppy that price action remains sandwiched between the 1.24500 and 1.22500 zone to indicate an indecisive grip in this market as sellers continue to reject the 1.24500 hereby stalling further growth. With the incoming week laced with a series of high-impact macroeconomic events, the consolidation phase noticed insinuates that major players are probably on the sidelines looking forward to these events for the green light. So, it is likely going to be a volatile week - In this video, we looked at the current structure from a technical standpoint and identified positional set-ups that we shall be using to guide trading activities in the coming week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Gbpusdforecast
GBPUSD Pair H4 Bearish OutlookThe GBP/USD pair is showing bearish signs on the H4 time frame with the recent confirmation of bearish bias, rejection of 1.24125 and three H4 candles closed below the last bull candle. But bearish pressure is expected to be temporary due to the upcoming decision on interest rates for the US dollar. The first target is between 1.22847 and 1.22574, Second target is between 1.21803 and 1.21537. Opinions of other traders are welcomed.
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GBPUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD Trading Plan - 2/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect GBPUSD to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.23775
TP: 1.22643
SL: 1.24448
Bias: Short
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most broadly exchanged cash matches on the planet. Follow the live GBP/USD rate with the graph and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD figure and key turn focuses information and backing and opposition levels.
GBPUSD | Perspective for the new week | Follow-upA follow-up video to the previous analysis on the GBPUSD where we scooped over 400 pips profit (see link below for reference purposes).
The US dollar continues to plunge since the beginning of the year as fear of recession mounts. To further mount pressure on the Greenback is the data from the U.S. retail sales which fell by the most in a year in December and manufacturing output recorded its biggest drop in nearly two years, stoking fears that the world's largest economy is headed for a recession. In this regard, this video shed a technical light on the current market structure where the identification of flat channel around the 1.24000 and 1.23350 will serve as a yardstick for trading activities for the new week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPUSD Idea and forecast!✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.24017
TP: 1.24896
SL: 1.23469
Bias: Long
The ongoing value patter of this instrument has a potential for a medium strength cost drive according to our projected bearing. We accept that the projections we have made here will be demonstrated by the quick motions of cost.
GBPUSD Trading Plan - 24/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect GBPUSD to go Up from these levels.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.23216
TP: 1.22209
SL: 1.23875
Bias: Short
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets brokers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most generally exchanged cash matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and examination. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and obstruction levels.
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 1 Uptrend in green color (Long Term)
We have 1 Downtrend in red color (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White Levels are stop ;osses or levels that were respected from the past.
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GBPUSD | Perspective for the new week | Follow-upDespite a choppy situation for the GBPUSD where price action was caught with a range at 1.22500 and 1.21000, the Pound Sterling rose by 0.1% to close the week at 1.22250, and this is likely as a result of the data released earlier on Friday. At this point, I am of the opinion that the data from the macroeconomic events (Claimant Count Change & ILO Unemployment Rate) coming up in the week will have a significant impact on price movement. In this video, we reviewed the charts from a technical standpoint and decided to use the channel (1.22500 and 1.21000) as a yardstick for trading opportunities.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.23505
TP: 1.22859
SL: 1.24005
Bias: Short
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets dealers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most broadly exchanged money matches on the planet. Follow the live GBP/USD rate with the graph and stay up with the latest with Pound-Dollar news and examination. Plan your exchanges with the GBP/USD gauge and key turn focuses information and backing and obstruction levels.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.23404
TP: 1.23896
SL: 1.22883
Bias: Long
Current cost design is in a tight reach and the hope of the directional moves is fair. As we see the motions of cost from help to obstruction and protection from help is progressively drawn towards more tight ranges which might imply disinterest from the imminent financial backers interests.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.23578
TP: 1.24716
SL: 1.22681
Bias: Long
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets brokers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most generally exchanged cash matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and opposition levels.
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- At present the MARKET SENTIMENT for GBPUSD is slightly on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, because the FED is a bit HAWKISH, the XXXUSD PAIRS are getting slightly downward PRESSURE.
- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a bit of a DOWNSIDE BIAS in the MARKET for USD. But after that GBPUSD can BUY until 1.2900 LEVEL. Before that, you can SELL at 1.2148 LEVEL. So go for GBPUSD LONG ENTRIES.
Be sure to pay attention to the UK GEOPOLITICAL STATUS.
If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.22144
TP: 1.21211
SL: 1.22788
Bias: Short
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most generally exchanged money matches on the planet. Follow the live GBP/USD rate with the graph and stay up with the latest with Pound-Dollar news and examination. Plan your exchanges with the GBP/USD gauge and key turn focuses information and backing and obstruction levels.
GBPUSD LongTime Frame: 4H
Symbol: GBPUSD
Entry: 1.22285
TP: 1.23210
SL: 1.21673
Bias: Long
GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most broadly exchanged money matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and opposition levels.