Who is with me?
British Pound / U.S. Dollar forum
GBPUSD we might get some movement at 10 o clock, Richmond fed data
GBPUSD Hold on to those buys, we should be flying soonGBPUSD I guess I am going to be holding this buy all day
GBPUSD in a buy position 💙🤩🙂↔️
GBPUSD 2/2 Summary of Key Levels
Daily & 4-Hour Support and Resistance
Daily Support Levels: 1.34000, 1.33500, 1.33000
Daily Resistance Levels: 1.35000, 1.36000, 1.37000
4-Hour Support Levels: 1.34500, 1.34250, 1.34050
4-Hour Resistance Levels: 1.34800, 1.35200, 1.35500
Exponential Moving Average (EMA) Levels
Daily EMA Levels:
EMA 50: $1.34800
EMA 100: $1.34400
EMA 200: $1.34000
EMA 400: $1.33500
4-Hour EMA Levels:
EMA 50: $1.34700
EMA 100: $1.34500
EMA 200: $1.34200
EMA 400: $1.34000
Weekly Pivots
Pivot Point: $1.34500
Resistance 1: $1.35000
Support 1: $1.34000
Daily Pivots
Pivot Point: $1.34800
Resistance 1: $1.35200
Support 1: $1.34500
Fibonacci Retracement Levels
23.6% Level: $1.35000
38.2% Level: $1.34400
61.8% Level: $1.33800
Fundamental Analysis: Upcoming USD News 📈
As we look ahead, several important USD news events are scheduled that could impact the GBPUSD market. Traders should keep an eye on:
Federal Reserve Meeting: Scheduled for next week, where interest rate decisions will be discussed. Any changes or hints at future policy adjustments could lead to significant volatility in the USD.
Non-Farm Payrolls (NFP): The upcoming NFP report will provide insights into the health of the U.S. labor market. Strong job growth could bolster the USD, while weak numbers may lead to a decline.
Consumer Price Index (CPI): The release of inflation data will be critical, as it influences the Fed's monetary policy. Higher-than-expected inflation could lead to a stronger USD.
These fundamental factors could create significant movements in the GBPUSD currency pair, making it essential for traders to stay informed and adjust their strategies accordingly.
Conclusion
In summary, the GBPUSD market presents a complex interplay of technical indicators and fundamental factors. With the current price at 1.34730 USD, traders should closely monitor key support and resistance levels, Fibonacci retracement levels, and the implications of upcoming USD news. As always, a well-rounded approach that combines both technical analysis and fundamental insights will provide the best opportunity for successful trading in this dynamic market.
GBPUSD 1/1 🟡 GBPUSD Daily Market Analysis—July 22, 2025
Introduction
In today's analysis, we will delve into the GBPUSD currency pair, currently trading at 1.34730 USD. This comprehensive market analysis will cover both daily and 4-hour time frames, utilizing various technical indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, Weekly and Daily Pivots, Smart Money Concepts (SMC), Support & Resistance Levels, Order Blocks, and MACD. By examining these indicators, traders can gain valuable insights into potential market movements and make informed trading decisions.
Market Overview
The GBPUSD has shown a dynamic range of movement recently, influenced by both technical patterns and fundamental factors. With the recent swing high at 1.37888 and swing low at 1.33650, the market is poised for potential volatility as it approaches significant levels of support and resistance.
Technical Indicators
1. Support & Resistance Levels
Daily Time Frame:
Support Levels:
1.34000: A psychological level that has previously acted as support.
1.33500: A key level where buying interest has been noted.
1.33000: A strong support area based on historical price action.
Resistance Levels:
1.35000: A round number that often attracts sellers.
1.36000: Previous resistance that may act as a barrier.
1.37000: A critical level where sellers have previously entered the market.
4-Hour Time Frame:
Support Levels:
1.34500: Current support level that the price is testing.
1.34250: A minor support level based on recent price action.
1.34050: Another psychological level that may provide support.
Resistance Levels:
1.34800: Recent highs that could act as resistance.
1.35200: A key level where selling pressure may increase.
1.35500: A strong resistance area based on previous highs.
2. Fibonacci Retracement Levels
Using the recent swing high and low, we can identify key Fibonacci levels:
23.6% Level: 1.35000
38.2% Level: 1.34400
61.8% Level: 1.33800
These levels are crucial as they indicate potential reversal points within the current trend.
3. Exponential Moving Averages (EMA)
Daily Time Frame:
EMA 50: $1.34800
EMA 100: $1.34400
EMA 200: $1.34000
EMA 400: $1.33500
4-Hour Time Frame:
EMA 50: $1.34700
EMA 100: $1.34500
EMA 200: $1.34200
EMA 400: $1.34000
The EMAs provide insight into the overall trend direction. A crossover of the shorter EMAs above the longer EMAs may signal a bullish trend, while the opposite indicates a bearish trend.
4. RSI Divergence
The Relative Strength Index (RSI) is currently positioned at 60, indicating bullish momentum. However, a divergence is observed as the price makes higher highs while the RSI forms lower highs, suggesting a potential reversal or correction in the near term.
5. Order Blocks
Order blocks are areas where significant buying or selling has occurred. In the current market context:
Bullish Order Block: Located around 1.34000, where previous buying interest has been strong.
Bearish Order Block: Found around 1.35500, indicating heavy selling pressure previously encountered.
6. MACD
The MACD indicator is currently showing a bullish crossover, suggesting that the momentum is favoring the buyers. However, traders should watch for potential bearish signals if the MACD line begins to converge with the signal line.
GBPUSD ain't no way the dollar is going to be good. I have been wrong before.GBPUSD buy confirmed
GBPUSD sell entry now