EURUSD and GBPUSD Analysis TodayHello 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.
Gbpusdsignal
Gbpusd signal GBP/USD holds lower ground below 1.2450 in the early European session on Thursday. Renewed US Dollar buying and a cautious market environment drags the pair lower. Traders refrain from placing big bets on the major ahead of the US Q4 advance GDP data release.
The Relative Strength Index (RSI) indicator on the 4-hour chart holds slightly above 50 but moves sideways, suggesting that the bullish bias remains intact, while lacking momentum.
Gbpusd signal
GBPUSD top-down analysis Hello 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.
Selling opportunity for GBPUSD!Based on the chart, price reached a resistance area that I previously considered for bigger timeframe and the reaction of price to this area is visible.
So I considered this rejection of price and making new lower lows as changing the trend to bearish (in 15min chart ).
Also risk/reward of this opportunity is around 1/4 which is considerable and I prefer to try it. how ever please pay attention to the news ( Durable goods orders ) that can effect on the chart.
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
GBP/USD "The Cable" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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Entry 📈 : Traders & Thieves with New Entry A bull trade can be initiated on the MA level breakout of 1.23400
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 1.26000 (or) Escape Before the Target
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Fundamental Outlook 📰🗞️
Here are some fundamental factors that could impact the GBP/USD:
Valuation Metrics:
Price-to-Earnings (P/E) Ratio: The current P/E ratio for the UK is around 15, which is slightly above the historical average.
Price-to-Book (P/B) Ratio: The current P/B ratio for the UK is around 1.2, which is slightly above the historical average.
Dividend Yield: The current dividend yield for the UK is around 4.5%, which is slightly above the historical average.
Economic Indicators:
GDP Growth Rate: The UK's GDP growth rate is expected to be around 1.5% for 2023, which is slightly below the historical average.
Inflation Rate: The UK's inflation rate is expected to be around 2% for 2023, which is slightly above the historical average.
Unemployment Rate: The UK's unemployment rate is expected to be around 3.5% for 2023, which is slightly below the historical average.
Monetary Policy:
Interest Rates: The Bank of England's (BoE) interest rates are currently at 0.75%, which is slightly above the historical average.
Quantitative Easing: The BoE has been engaging in quantitative easing to stimulate the economy, which has helped to keep interest rates low.
Fiscal Policy:
Government Spending: The UK government's spending is expected to increase by around 2% for 2023, which is slightly above the historical average.
Taxation: The UK government's taxation policies are expected to remain relatively stable for 2023, with no major changes expected.
Geopolitical Factors:
Brexit: The UK's exit from the European Union (EU) is still uncertain, and the outcome of the Brexit negotiations will have a significant impact on the GBP/USD pair.
US-UK Trade Relations: The US and UK are expected to negotiate a new trade agreement, which could have a positive impact on the GBP/USD pair.
Technical Analysis:
Trend: The GBP/USD pair is currently trading in a bearish trend, with a falling 50-day moving average and a bearish MACD crossover.
Sentiment Analysis:
Bullish Sentiment: 40%
Bearish Sentiment: 60%
Neutral Sentiment: 0%
Market Positioning:
Long Positions: 30%
Short Positions: 70%
Neutral Positions: 0%
Event Risk:
BoE Interest Rate Decision: March 18, 2023
UK GDP Growth: March 10, 2023
Brexit Negotiations: Ongoing
Correlation Analysis:
GBP/USD vs. EUR/USD: 0.8
GBP/USD vs. USD/JPY: -0.5
GBP/USD vs. AUD/USD: 0.3
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.
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DeGRAM | GBPUSD seeks to exit the channelGBPUSD is in a descending channel above the trend lines.
The price is moving from the lower boundary of the channel.
The chart has approached an important resistance level, which coincides with the 50% retracement level.
We expect the growth to continue in case of successful consolidation above the resistance level.
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Ghost Traders FX GBP/USD Trend Continuation [SHORT]News volume has failed to create disrupt the bearish structure and trend, liquidity remains targetable on the sell side with buyside liquidity swept last night.
I don't see the DXY reversing bearish just yet but I believe we are close.
My Bias is Short as price seems very likely to target 1.203 before any major trend reversal.
Trade Record for GTFX stands at 126 wins, 17 breakevens, 7 losses with a 94%+ W/R & +2670 pips gained.
GBPUSD NEW IDEAHello fellow traders, here is some ideas for longterm shot, this include higher patience.
The previous low must clear the 1.20430 make a new low. 1.19100. for this idea is on previous high, the previous lows valid for support. This is only my view, this is not a financia
l advice either. take it or observe it.
Follow for more. dont trade for thisarrows. follow the lows. or wait for it.
GBPUSD HTF Bearish Structure & Possible Trade Opportunity 👀 👉 Analyzing the GBPUSD weekly chart reveals a bearish market structure, with a clear lower high and lower low signaling a downtrend. I expect further downside potential following a pullback. In this video, we explore the trend, price action, market structure, and a possible trade setup. ⚠️ This video is for educational purposes only and should not be considered financial advice.
GbpUsd could correct from important supportLast week, GBP/USD saw a sharp decline, dropping over 400 pips from its recent high after briefly spiking above former support, which has now turned into resistance.
The pair is currently trading at 1.2150. Although the overall trend remains strongly bearish, a short-term correction and upward move is possible.
The 1.2070 level serves as key technical support, and with the psychological 1.2000 level nearby, short-term traders might find buying opportunities in this zone.
If a rebound occurs, the 1.2300 level could serve as a potential target for such a trade.
GBPUSD I Swing Long Opportunity 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.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBPUSD - Short active !!Hello traders!
‼️ This is my perspective on GBPUSD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action as price rejected from bearish OB + institutional big figure 1.23000. As well we have hidden divergence for sell.
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GBP/USD Bearish Setup: Short at Key Retracement LevelsThe GBP/USD pair is exhibiting strong bearish momentum, having recently broken significantly below its descending channel, indicating heightened selling pressure. As of now, no bullish divergence is observed, suggesting that the price may retrace to form a lower high. Key levels to watch for potential short entries are the 50% and 61.8% Fibonacci retracement levels, which align with the bearish trend continuation narrative.
DeGRAM | GBPUSD remains on a downward trendGBPUSD is in an ascending channel between the trend lines.
The price has already reached the lower boundary of the ascending channel, but on small timeframes the chart keeps the descending structure and does not give reasons for reversal.
We expect a decline after resistance retest.
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GBPUSD, What's next ?Hello Traders, Hope you're doing great.
for upcoming days, I think we'll probably see an upward correction to specified level and after that another fall to 1.220 , we also have a regular divergence on 4H time frame.
so with a proper trigger, we can open a short position at specified level.
and finally tell me what do you think ? UP or DOWN ? Leave your comment Below.
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THANKS.
GBPUSD is in the Selling Direction after breaking Support Hello 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
DeGRAM | GBPUSD rebound from supportGBPUSD is under a descending channel between the trend lines.
The price is moving from the lower trend line, which previously acted as a rebound point, and the support level.
On the 1H Timeframe, the pair's indicators and chart indicate a bullish convergence formation.
We expect a rebound.
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DeGRAM | GBPUSD downturn in the channelGBPUSD is in a descending channel below the trend lines.
The price is moving from the upper boundary of the channel and has already consolidated under the resistance level.
The chart maintains a descending structure on the small timeframes, while on the big timeframes an ascending structure is maintained and the indicators are forming a bullish convergence.
We expect a decline in the channel with the price holding under the 38.2% retracement level.
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