British Pound Futures (6B1!) Face Supply Area.Pound Futures: 6B1 Area Tests Bearish Resolve
Pound Futures are approaching a critical weekly supply zone (6B1). Today's price action saw a touch and rejection of this level, marked by a bearish candlestick. This suggests a potential for a short-term pullback, and we're eyeing a re-entry opportu
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GBP/USD Futures – Short Trade Active📉 GBP/USD Futures – Short Trade Active
🕒 Timeframe: 1H
💼 Instrument: Micro GBP/USD Futures (M6B1!)
📍 Entry: 1.3651
🎯 Target: 1.3614
📊 Analysis:
Price tapped into a clear area of liquidity and resistance at 1.3651, aligning with previous sell pressure. I’ve entered short expecting a rejection and r
Game-changing analysis technique that will elevate your strategyAs many of my loyal followers know, my analysis toolkit goes beyond just the standard fare of CME options data and COT reports. I dive deeper, utilizing additional filters like the average long and short positions of retail traders. These insights are publicly available, and while I won’t name speci
The next trade idea for “6B” GBPUSD FX FuturesCME:6B1!
This trade idea is built on very simple premises.
Simplicity in trading is what we all strive for. Where possible, we should aim to simplify our strategies rather than complicate them with excessive information—unless the additional inputs add clear, actionable value to the trade thesis
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of GBPUSD Futures is 1.3655 USD — it has fallen −0.26% in the past 24 hours. Watch GBPUSD Futures price in more detail on the chart.
Track more important stats on the GBPUSD Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For GBPUSD Futures this number is 0.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for GBPUSD Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for GBPUSD Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of GBPUSD Futures technicals for a more comprehensive analysis.