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Gbpusdsignal

GBP USD Up GBP/USD lost its traction and declined to its lowest level in over a week near 1.2550 after soft UK inflation data on Wednesday. BoE Governor Bailey said that the inflation data did not really change their view on the outlook from February policy decision. In the meantime, the UK's FTSE 100 Index opened higher on Wednesday and US stock index futures turned positive on the day after spending the Asian session moving sideways. In case risk flows start to dominate the action in financial markets in the second half of the day, the USD could lose some interest and help GBP/USD find a foot hold. GBP/USD witnessed a rollercoaster ride in 2023 but the Pound Sterling managed to preserve the recovery gains seen in the first half of the year to a 15-month high of 1.3142.
Short
by JohnHarry_7
GBPUSD → SELL| SETUP → Day Trading AnalysisHello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
3
GBPUSD Technical Analysis and Trade IdeaGBPUSD demonstrates increasing bearish pressure across monthly, weekly and daily timeframes. The breakdown of market structure on each timeframe supports a bearish bias, which we explore in the accompanying video. While a recent retracement hints at a potential short entry, upcoming high-impact data releases for both GBP and USD warrant caution. Strategic Approach: - Patience: It's prudent to observe how the market responds to significant news events before committing to a trade. - Reassessment: Once volatility subsides, re-evaluate the technical landscape for potential short setups in line with the prevailing bearish trend. Important Disclaimer: This analysis serves educational purposes only and should not be considered financial advice. Independent research and thorough risk management are essential before executing any trades.
Short
by fxtraderanthony
GBPUSD - Expect retracement ✅Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we have the same scenario as on EURUSD, we are bearish, but for now I expect price to continue the retracement to fill the imbalance. My target is bearish order block around 1.27500. Fundamental news: Tomorrow we will see results of monthly and yearly CPI on USD. On Wednesday we'll see results of yearly CPI on GBP and on Thursday we'll have Retail Sales on USD. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
10
Preparing for markets to overreact to US inflation? Preparing for markets to overreact to US inflation? The week has started slowly in FX, largely attributed to the closure of most Asian markets for New Year holidays. But this quiet period is likely coming to an end, driven by the impending release of U.S. inflation data on Tuesday, followed by UK inflation data the following day. Projections are for a decline in the annual US headline CPI to 2.9% in January from the previous month's 3.4%, with the core gauge expected to show a more moderate decrease to 3.7% from 3.9%. A potential downside surprise in US CPI figures could send UD dollar pairs lower, on heighted expectations for a March rate cut. On the 4hr chart, the GBPUSD is sitting at the 50-day moving average. A significant move to the upside could see the 200-day moving average come into view, with this level coinciding with the upper ATR band. Although, a question I have is whether it is really likely to move the dial toward a Fed March rate cut? Either way, this might not stop the market from getting its hopes up for the sake of feeling something, like a couple that picks fights just to feel anything other than boredom.
by BlackBull_Markets
More Pressure on GBPUSDHi Traders! GBPUSD has a bearish outlook on the 4H chart, and we could have a breakout soon as further pressure is quickly mounting on the pound. Here are the details: Looking at the price action, it looks bearish due to the market swings; the market has tested the support trendline multiple times and has had a recent price rejection at 1.26548. Additionally, the market has broken below the 20 EMA. We also have BoE Governor Bailey speaking later, and the traders will be very nervous about the worse-than-expected results from the MPC vote earlier this month. As long as the market is still below the 20 EMA, our view will remain bearish. The confirmation signal will be either a break and close below the support trendline or an opening candle below the support trendline. Preferred Direction: Sell Technical Indicators: 20 EMA Resistance: 1.26548 Support: 1.26000 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
GBPUSD I Potential bearish continuation Welcome 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
4
GBP/USD Alert: Next Week's Inflation Forecast GBP/USD Alert: Next Week's Inflation Forecast The week is relatively quiet, so we are looking ahead to next week’s major events. With UK and US inflation released one day apart, perhaps the GBP/USD is the pair to watch. On February 14, U.S. inflation rate data is set to be released. Despite the diminishing market expectations for a Fed rate cut in March, if U.S. inflation falls below 3.0% this month, there might be renewed hopes for some rate relief. With expectations still hovering around 20% for a March rate hike, market participants may grasp onto any positive news to maintain the possibility of such a move. The question arises: what is the threshold for rate-cut enthusiasts? Perhaps 2.8% or below? Moving on to February 15, UK inflation rate data will be released. Some policy makers are already calling for rate cuts from the Bank of England (Board member Swati Dhingra voted for a 25-basis point cut during the last meeting). Will a significant decrease in UK inflation this month guarantee this course of action sooner than previously thought? Dhingra makes a sound argument for loosening monetary policy at this point pointing to weak consumption and the low likelihood that inflation resurges. But will anyone else on the BoE board join her on her dovish stance?
by BlackBull_Markets
GBPUSD I Retest of previous structure broken I SHORT Welcome 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
4
GBPUSD: Emerging market currencies see limited gains aheadMost emerging market currencies are not expected to recover this year's losses against the dollar in the coming months, according to a recent poll of foreign exchange strategists. The poll, involving 50 FX strategists, suggests the possibility of aggressive interest rate cuts by the US Federal Reserve, weighing on the performance of these currencies. A basket of emerging market currencies, which ended last year at a high, has since lost momentum, falling 1.2% on higher US Treasury yields. This downturn was attributed to better-than-expected US economic data and hawkish statements from Federal Reserve policymakers, leading to reduced interest rate cut expectations. As a result, the dollar index has increased 3% in just a few weeks.
Short
by Chart_MasterPro
1
GBPUSD M30 / OB Taken, Looking for a Long Entry Confirmation 📈Hello Traders! This is my idea related to GBPUSD M30. I like the reaction from the OB, and I expect another bearish move before going bullish. I expect also that BOSS will be taken and after that, I will look for a long entry. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
by GoodTradeST
GBPUSD CONFIRM BUY TODAY GBP/USD lost nearly 1% on Friday and registered losses for the week as the US Dollar (USD) rallied on the back of the impressive labor market data for January. The pair holds relatively steady slightly above 1.2600 early Monday but the near-term technical outlook highlights a lack of buyer interest. Nonfarm Payrolls (NFP) in the US increased by 353,000 in January. Additionally, the Bureau of Labor Statistics announced that it revised the November and December prints by a total of 126,000. In turn, the benchmark 10-year US Treasury bond yield surged above 104.00 and the USD Index, which tracks the USD's performance against a basket of six major currencies, rose more than 0.8% and touched its highest level since early December above 104.00.
Short
by Gold_Analysis1
1
GBPUSD: 1000 pips Swing Selling Idea, What do you think? FX:GBPUSD Dollar influenced in the beginning of the year is extreme probably after the major holidays, market moved back to normal level of volume. DXY is bullish because of news coming ahead in this week and other reason was most of the usd pairs were overbought such as gbpusd and eurusd. GBPUSD dropped heavily since yesterday and we expect price to continue dropping to level up the market equilibrium. Enter now with your suitable stop loss to get most out of this chart analysis. Please like the idea if you agree with it.
Short
by Setupsfx_
85
GBPUSD → Day Analysis | Sell SetupHello Traders, here is the full analysis. If it continue the bullish momentum then we can see GBPUSD drop even below in short time. Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
1