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Gbpusdshort

GBPUSD 4H Midday update GBPUSD The pound sterling pair against the dollar focused on the breached resistance of the descending channel and rebounded upward to resume the expected upward corrective path in the immediate term. stabilizing above 1.2172 will support rising to touch 1.2213 then 1.2248 then 1.2292 stabilizing under 1.2172 will support falling to touch 1.2124 then 1.2077 pivot price: 1.2172 Resistance prices: 1.2213 & 1.2248 & 1.2292 Support prices: 1.2124 & 1.2077 & 1.2047 The general trend expected for today: bullish timeframe: 4H
Long
by Evar_Mayi
2
GBP/USD Reverses - Short Trading SignalGBP/USD Short Trading Opportunity 1. The price closed below the Trend Magic Indicator line. 2. US Dollar Index DXY uptrend continues. 3. Vortex indicates downtrend signal. 4. Retail trader data shows 72% of traders are net-long. Strong contrarian short signal. SL - above the Trend Magic Indicator line or Vortex indicator change trend signal TP1 - 1.2040 TP2 - 1.1810 Keep It Simple and Always Trade With the Trend! Please, Support Our Work with Like & Comment! Thank You!
Short
by ForexWithTsanev
GBPUSD Technical Forecast and Trading StrategyWelcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
5
GBPUSD 4H : Below 1.2173 will be downtrend GBPUSD New forecast The pound sterling pair against the dollar continued to decline, putting pressure on the 1.2192 barrier. We expect the bearish tendency to continue and achieve negative targets starting with testing the 1.2108 level and 1.2062. Let us continue to favor the bearish bias during the coming sessions, supported by resistance 1.2173 that formed recently so the main condition to continue at the bearish trend is stabilized below 1.2173 the Keeping in mind that breaching 1.2192 will stop the negative scenario and push the price to return to the upward corrective path again. The expect range trading for today it will be between the resistance line 1.2192 and support line 1.2108. Additionally ,Today News will affect the market . support line : 1.2173 , 1.2108 resistance line : 1.2192 , 1.2247 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Short
by Arazmajeed
2
Dollar falls before US releases inflation data; UK recorded GDP Minutes from the Fed's most recent meeting, released on Wednesday, indicated that most central bank policymakers agreed that another rate hike would be "appropriate" when Inflation continues to trend higher than target. The minutes also pointed out the uncertainties surrounding the economy and the need to proceed carefully in assessing the impact to have appropriate policies. The weeks following the September meeting saw Treasury yields rise sharply, and this was seen by some Fed officials as a factor that could allow them to end the rate-hike cycle, to the detriment of US currency. Analysts at ING said yields continued to adjust lower on expectations the Fed would refrain from raising interest rates again. “However, we suspect that further bond hikes could cause yields to rise again and limit USD losses.” OANDA:GBPUSD BUY 1.2190-1.2200❌ ✔️TP: 1.2230 ❌SL: 1.2150
Long
by Chart_MasterPro
The British pound crosses resistance The British pound against the dollar pair was able to penetrate the level of 1.2297 and close the daily candle above it, which effectively supports the continuation of the expected bullish trend scenario during the coming sessions, paving the way for heading toward our next positive target at 1.23761. The Stochastic indicator is now providing positive signals that support the chances of achieving more gains during the coming sessions, keeping in mind that breaking 1.2297 will stop the expected rise and put pressure on the price to turn lower. The expected trading range for today is between support 1.2090 and Resistance 1.2399 The general trend expected for today: Bullish
Long
by Evar_Mayi
GBPUSD - Bearish continuation ✅Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are on profit, as I said in my previous analysis price filled the imbalance and rejected from bearish order block. I see price to go lower to take sell side liquidity Fundamental analysis: This week we have a lot of news on USD, on Wednesday will be released monthly PPI followed by FOMC Meeting and on Thursday monthly and yearly CPI. I expect we can see a decrease on CPI, which means strength of currency. As well, on Thursday will be released monthly GDP on GBP, if the result is lower than forecasted it means weakness of currency. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
GBPUSD strategiesOn Monday (October 9), GBP/USD closed at 1.2236, basically the same as last Friday's closing price, but the intraday low fell back to 1.2161. Although the market still predicts that the Bank of England will not raise interest rates further, data and events released in the UK last week may affect market expectations. Whether we can continue to raise interest rates remains to be seen how economic data from the UK performs. The rebound of the pound in the past few trading days is only a technical adjustment for the time being. Whether the British pound can completely reverse its decline still depends on the performance of the US dollar. In terms of technical graphics, the pound is still under pressure against the US dollar, just like the euro, and the overall trend is still in a downward channel. However, various technical indicators showed signs of oversold turning, which seemed to indicate a rebound to adjust the trading rhythm. In the near future, pay attention to the resistance in the 1.2260-1.2300 price area above. If it can be broken through, driven by the rebound potential, GBP/USD may be expected to rise higher.
by Traders-Nino
GBPUSD 4H maintains its positive stability GBPUSD The pound sterling pair against the dollar focused on the breached resistance of the descending channel and rebounded upward to resume the expected upward corrective path in the immediate term. stabilizing above 1.2172 will support rising to touch 1.2233 then 1.2280 then 1.2328 stabilizing under 1.2124 will support falling to touch 1.2095 then 1.2069 The expected trading range for today is between support 1.2035 and Resistance 1.2233 pivot price: 1.2172 Resistance prices: 1.2233 & 1.2280 & 1.2328 Support prices: 1.2095 & 1.2069 & 1.2035 The expected trading range for today is between support 1.2124 and resistance 1.2233 The general trend expected for today: bullish timeframe: 4H
Long
by Evar_Mayi
GBPUSD LONG TERM BUY IDEAHello 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 ForexPlanet20
1
GBPUSD 4H : Support further decline GBPUSD New forecast The price perfectly fulfills my last idea and price reached to our target . The GBP/USD pair presented Negative trades today, as it tried to break the 1.2173 level to holding below it again, waiting for the bearish bias to resume to test the bearish resistance around 1.2122 as the next main target. Therefore, the downward trend scenario will remain effective for the coming period, supported by the bearish trend, keeping in mind that breaking 1.2192 and stabilized above it will stop the expected decline and put pressure on the price to rise again. The expect range trading for today it will be between the resistance line 1.2192 and support line 1.2122. support line : 1.2122 , 1.2108 resistance line : 1.2173 , 1.2192 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Short
by Arazmajeed
2
GBP/USD Faces Pressure Amid Israel-Hamas Conflict and Economic..GBP/USD Faces Pressure Amid Israel-Hamas Conflict and Economic Challenges The Pound Sterling (GBP) experienced a downturn, dropping below 1.22 against the US Dollar (USD) as geopolitical tensions escalated due to the Israel-Hamas conflict. This development has contributed to a risk-averse market sentiment, impacting the GBP's performance. Additionally, the UK faces economic challenges, particularly in its manufacturing and construction sectors, as higher mortgage rates create uncertainty. Geopolitical Tensions Weigh on GBP: The GBP/USD pair saw a significant decline on Monday as the Israel-Hamas conflict heightened the risk-aversion theme in the market. This geopolitical tension, which began over the weekend, added pressure to the Pound Sterling. Investors are closely monitoring the situation as it unfolds, as it has implications for market sentiment and risk appetite. UK Economic Challenges Persist: Apart from the geopolitical concerns, the UK is grappling with economic challenges. The manufacturing and construction sectors are currently vulnerable due to higher mortgage rates, which have impacted demand and borrowing costs. As a result, UK businesses are cautious about raising funds, leading to reduced labor demand and overall economic output. The situation is expected to persist, with the Bank of England (BoE) committed to maintaining restrictive interest rates until inflation reaches its target of 2%. US Jobs Data and Fed Expectations: In contrast to the UK, the United States is experiencing a more robust economic outlook. The latest US Nonfarm Payrolls (NFP) report, released on Friday, revealed the addition of 336,000 jobs in September, surpassing market estimates. This data reaffirms expectations for at least one more interest rate hike by the Federal Reserve (Fed) before the year-end. The prospect of higher interest rates has boosted US Treasury bond yields, providing support to the USD. However, it's worth noting that wage growth remained moderate during the same month, alleviating some concerns about inflationary pressures. This development may allow the Fed to adopt a less hawkish stance, depending on upcoming economic data and events. Looking Ahead: Investors are closely monitoring key events this week, including the release of the Federal Open Market Committee (FOMC) meeting minutes and US consumer inflation figures. These releases will provide insights into the Fed's future policy decisions and influence the USD's trajectory, subsequently impacting the GBP/USD pair. Furthermore, expectations that the Bank of England (BoE) will maintain its current interest rates in November are likely to limit significant upside potential for the British Pound (GBP). As geopolitical tensions persist and economic challenges persist in the UK, the GBP/USD pair remains under scrutiny by traders and investors. Our preference Short positions below 1.23075 with targets at 1.21100 & 1.2005 in extension.
Short
by FOREXN1
12