GBP/USD Mini forum
GBPUSD dont have enough confidence to target london highs
GBPUSD This could be the right time to take partial and trail!
GBPUSD Still short
GBPUSD.1.CSM Finished for today
GBPUSD Utter Slow progress! Anyone still in SHORTS 🩳 because its weekend?
GBPUSD 
DXY Analysis:-Since the Core PCE Price Index (inflation gauge) matched expectations, there’s no major dovish or hawkish surprise for the Fed.
-However, Personal Spending exceeded expectations, which may indicate strong consumer demand. This could lead to USD strength as it supports the Fed's case for keeping rates higher for longer.
> Bearish (USD Strengthening)
-If USD strengthens, GBPUSD may drop.
-Watch for a reaction at key support levels (recent lows).
-If the market had priced in lower spending, the upside surprise might accelerate the USD rally.
> Next Steps:
-Check DXY movement. If it rises, GBPUSD will likely fall.
- Look for Fed speakers or additional US data that could further impact USD strength.
GBPUSD DXY> Personal Income MoM:
Actual: 0.4%
Forecast: 0.4%
Previous: 0.3%
✅ In line with expectations (neutral impact).
> Core PCE Price Index MoM (Fed’s preferred inflation gauge):
Actual: 0.2%
Forecast: 0.2%
Previous: 0.1%
✅ Met expectations (neutral impact).
> Personal Spending MoM:
Actual: 0.7%
Forecast: 0.5%
Previous: 0.6%
🚀 Higher than expected (bullish for USD).
Device What you want to DO NOW.
GBPUSD Ahead of NEWS LTF is Bullish with a fake out inside a range and HTF is Bearish aligning to our position.Act Soon with News on candle closure.
GBPUSD Although this GBPUSD is now consolidating in a range, its doing it at the lower range of the bollinger band, candle sticks are trading lower with lower highs from 30 mins chart. Likely it will test back the lower bollinger band and see if the 1.2392 area will break from there. If it does, we will be heading down. Not an incentive to trade, just sharing my mind. All the best to later's econo datas out from US.
GBPUSD closed out my short position to book profits as news is coming up.Expecting a push up to take out London open and fill in the 1hr FVG above before continuing down.
