GBPUSD Im out to until this market break out of this ugly ass range lol that's in between two pivot points which is always a tricky area for me to trade in. Goodluck traders
GBPUSD Last post since i’m getting to full of myself lol, anyways besides all the bs happening 1.2743 support has not been broken. I apologize to those that get confused with their own analysis when reading my posts. Follow your instincts and stay safe.
GBPJPY Doing its signature caffeine-fueled dance again, huh?
Compression > Expansion
GJ tumbled to a seven-month low against the yen, hitting 185.48. This sharp decline was part of a broader move where investors fled to safe-haven currencies amid a global sell-off in U.S. assets. The catalyst? The U.S. implemented new tariffs affecting global economies, shaking up markets worldwide.
The introduction of U.S. tariffs sparked fears of a global economic slowdown. In such "risk-off" environments, investors typically seek refuge in safer assets like the Japanese yen. This shift led to a surge in yen strength, causing pairs like GBP/JPY to drop significantly.
That Consumer Confidence drop from 34.8 to 34.1 was a stealth bomb . It may not look like much on the surface, but in the current global macro environment, every hint of weakness in Japan adds fuel to GBPJPY’s upside volatility!
FOMC > real gasoline to the fire 🔥
> The Fed confirmed it would cut rates if inflation keeps cooling down. > Members noted that progress on inflation is continuing, albeit not fast enough for immediate action, but rate cuts are firmly on the table for 2025. > The US dollar dropped immediately after the release and pulled up.
GBPUSD a 90 day pause provides an opportunity for negotiations that could bolster the GBP, Trump is manipulating the masses don’t fall for it. They’re selling the dollar at good key levels, the Fed will do a surprise cut on May
We’re going back to 1.32 one way or another, you’ll see.
GBPUSD If that low does not get liquidated I would assume market makers are building long positions from where we’re currently are. An aggressive move below that low will switch my bias to bearish sentiment.
GBPUSD the last day candle already did the liquidity sweep exactly at 1.27.. the new candle open above the previous.. stop loss 1.2750 tp 1.2830 and tp2 1.290
GBPUSD Added more buys from 1.2753 As long as the Dollar keeps weakening, I personally don’t think price will go below 1.2700 but at the end of the day it doesn’t matter what I think, if you’re selling feel free to do so as GBP is the weakest during uncertainty on the market.