Gbpusdidea
Will the pound usher in a big rally?Because of the banking crisis and the expiration of the US debt ceiling, the market has exacerbated concerns about the risk of an economic recession. Looking at the world, the Ukrainian crisis, the European energy crisis, the food crisis and the refugee debt crisis, economic recession is actually inevitable, so the pound will not go into a bull market.
Judging from the recent trend, although GBP/USD has pierced 1.250 many times, they cannot effectively stand above 1.250, so it is easy to stage a market that rises and falls at this position, so for short-term trading, it is still possible to short at a high level host.
In today’s trading, the trading signals I announced on the channel to buy more gold around 1980 and 1976 all reached the stop profit target at the 1986 line. The trading signals in the past two weeks have achieved comprehensive victories, and the results of 0 losses are enough to make We reap satisfactory profits. In trading, whether it is gold, crude oil or foreign exchange, I have the ability to satisfy your desire to make money. I have published detailed trading signals about crude oil in the channel. Please pay attention to the trading signals in the channel
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: Next destination!Unexpected upturn in mortgage activity, investors should also look for a sustained rise in inflation
Investors should keep an eye on the inflation rate, which is expected to steadily increase, along with the recent surge in mortgage activity. This could lead to the Bank of England taking action to tighten monetary policy. As a result, the British Pound could benefit from higher interest rates and bond yields compared to the US.
The pound may have downward demandAfter a sharp decline in the US market last Friday, GBP/USD has managed to stabilize above 1.2400 on Monday.The short-term technical side fails to provide directional clues, and may only have to wait for the currency pair to break through the consolidation channel,only then will there be a better continuity of behavior.
According to the current market structure, it may be more difficult for GBP/USD to continue to rise, and the daily line is expected to form a head-and-shoulder technical pattern, which will exert pressure on the future market structure and limit the technical upward space of GBP/USD; Moreover, the technical repair of the daily line is far from being in place, so GBP/USD is still in demand for a decline.
In the short term, pay attention to the resistance near 1.246 above.
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 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 - Short IdeaGBP/USD has been rising steadily since early March after bouncing off technical support, but now sellers could retake control of the market. We have a few strong resistance levels at 1.252 & 1.266 and a few strong support levels at 1.182 & 1.174. So it's a perfect risk:reward ratio for a sellers.
GBPUSD: Investors!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
Apart from the unforeseen increase in mortgage transactions, investors must also anticipate a continuous escalation in inflation. Such updates compel the Bank of England to adopt stricter monetary regulations, which bodes well for the British Pound, given that the interest rates and bond yields in the UK are lower compared to those in the US.
Note: Full TP, SL for winning the market and safe trading!
GBPUSD: The Bears' Chance!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
The UK economy is facing various challenges such as strikes, unresolved Brexit issues, low productivity, and pessimistic forecasts from the International Monetary Fund, which are all valid reasons for concern. The Bank of England has recently confirmed this gloomy outlook, which is a significant endorsement of the situation. As a result, the Pound is likely to remain weak against all currencies for an extended period.
Note: Full TP, SL for winning the market and safe trading!
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.