GBPUSD fibonacci retacement??
British Pound / U.S. Dollar forum
GBPUSD fibonacci retacement??
GBPUSD possible sells aheadGBPUSD I shared this setup few hours ago, you might use different strategies but mostly will coincide, goodluck
GBPUSD movement is so slow. does anyone know why?
GBPUSD I see this. Anyone else?
GBPUSD 2/2 Fundamental Analysis & USD News
Key Events (May 2025)
May 12: Fed Chair Powell Speech
May 14: US CPI Data Release
May 15: Retail Sales & Philly Fed Index
Expected Impact: Higher CPI could strengthen USD, testing GBPUSD supports. Powell's tone on rate cuts will drive volatility.
Conclusion
The GBPUSD shows technical strength but faces resistance near 1.33000. Traders should monitor EMA confluences and order blocks for entries, while preparing for USD volatility from upcoming data releases. Key levels to watch are 1.31800 support and 1.33250 resistance.
GBPUSD 1/2 GBPUSD Daily Market Analysis – May 9, 2025
Introduction
The GBPUSD pair currently trades at 1.32714, showing moderate bullish momentum after testing key support levels. This analysis combines multiple technical indicators across daily and 4-hour timeframes to identify high-probability trading zones, with special attention to:
Fibonacci retracement levels between swing high 1.32077 and low 1.27081
EMA confluence zones (50/100/200/400)
Institutional order flow patterns (Smart Money Concepts)
Upcoming USD fundamental drivers
Daily Timeframe Analysis
1. Support & Resistance Levels
Immediate Resistance: 1.33250 (Previous swing high)
Secondary Resistance: 1.34020 (Year-to-date high)
Immediate Support: 1.31800 (Weekly open)
Structural Support: 1.30500 (March 2025 low)
2. Fibonacci Retracement (Daily Swing)
Using swing high 1.32077 and low 1.27081:
23.6%: 1.28250
38.2%: 1.29280 (Current price above this level confirms bullish bias)
50%: 1.30010
61.8%: 1.30730
3. EMA Confluence (Daily Values)
EMA 50: 1.31240
EMA 100: 1.30580
EMA 200: 1.29820
EMA 400: 1.28550
Price holding above EMA 200 suggests long-term bullish trend.
4. MACD & RSI Divergence
MACD: Histogram shows fading bearish momentum
RSI (14): 58 and rising – No divergence detected
4-Hour Timeframe Analysis
1. Key Levels
Resistance: 1.32900 (London session high)
Support: 1.32200 (Asian session low)
2. EMA Values (4H)
EMA 50: 1.32410
EMA 100: 1.31980
EMA 200: 1.31540
EMA 400: 1.30890
Confluence at 1.31500-1.31900 acts as dynamic support.
3. Order Blocks & SMC Patterns
Bullish OB: 1.31800-1.32200 (April 30 consolidation)
Bearish OB: 1.33000-1.33350 (May 5 rejection)
Pivot Levels
Weekly Pivots
Standard Pivot: 1.32400
Resistance 1: 1.33200
Support 1: 1.31650
Daily Pivots
Central Pivot: 1.32580
R1: 1.32940
S1: 1.32220
GBPUSD reversed my position at BE - in on the sell, and if it takes me out, I will come back next week
GBPUSD Relying on lagging indicators isn't the best approach. We should consider the monthly double top and the daily M break, but what else do we need to assess the current trend?
GBPUSD Looks cooked like the chicked I had for dinner