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Gbpusd_forecast

GBPUSD-EXCITING SELLING OPPORTUNITY!!Dear Traders, hope you all doing great, wanted to give some time to the market after NFP last friday, we have an good selling opportunity on GBPUSD . As we look on the longer timeframe we identify the key important area where price may attract to after strong bullish impulse as DXY reversed as we had expected. Longer term bias on GBPUSD is bearish as we expect DXY TO continue the bullish trend . PLEASE DO LIKE AND FOLLOW FOR MORE!
Short
by Setupsfx_
23
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is slightly UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, XXXUSD PAIRS are being BUYed slightly higher because the FED is a bit dovish. - The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a slightly UP BIAS in the MARKET for USD. But GBPUSD can be BUY until 1.2700 LEVEL. Before that, you can SELL at 1.1837 LEVEL. So go for GBPUSD LONG ENTRIES.
by benny_marshall
GBPUSD-Hello my fellow traders, hope you all are learning and earning, here is another big move setup from my side. GBPUSD dropped from our targeted zone like our AUDUSD setup, this mainly due to DXY being bullish and we are expecting DXY to continue bullish trend for next few weeks. -However, the economic data that were released today these news released came negative for USD though in my opinion price mitigated the last structure. What you all think? Please show support by following and liking the post so that we can continue deliver the most profitable setups!!
Short
by Setupsfx_
13
GBPUSD Pair H4 Bearish OutlookThe GBP/USD pair is showing bearish signs on the H4 time frame with the recent confirmation of bearish bias, rejection of 1.24125 and three H4 candles closed below the last bull candle. But bearish pressure is expected to be temporary due to the upcoming decision on interest rates for the US dollar. The first target is between 1.22847 and 1.22574, Second target is between 1.21803 and 1.21537. Opinions of other traders are welcomed. Please like this idea and follow me for more. Thank you so much for doing that.
Short
by ClintOnos
2
Will the GBPUSD Bullish Outlook Continue or Correction Coming?The GBPUSD pair is showing bullish signs, but a correction is likely. Our previous target of 1.24233 has been met, but new factors may impact the pair in the coming week. Despite the Chinese New Year holidays, market expectations for high-impact news releases such as Flash Manufacturing PMI and Advance GDP q/q may lead to volatility. GBPUSD is expected to reach for liquidity above the high of 1.24468 on December 14th, 2022. Look for reversal patterns for potential retracements and price action balance around the 1.20226 and 1.20000 levels. It's important to conduct your own research and analysis before making any trades. What's your opinion on this idea? Please share with me in the comment below and also like and follow for more updates. Wish you all a profitable trading or investing journey.
Long
by ClintOnos
5
GBPUSD Short Selling Hello Traders and welcome to Illyrian Finance, regarding the pound and in particular the FX:GBPUSD cross on monthly timeframe we have a strong rejection from a candle closing in 2 days probably in inverted hammer signaling a downtrend. Levels to watch for possible buying are 1.165-1.175 where the pound can bounce creating an inverted head and shoulders that could push prices towards 1.26 and 1.30. It would be best to trade based on a move already created but for the more experienced consider a short from here with take profit in the 1.175-1.165 area could be a good opportunity. Thank you all for the support! Visit our website for mentorship and other services.
Short
by IllyrianTrader
4
GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD - At present the MARKET SENTIMENT for GBPUSD is slightly on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, because the FED is a bit HAWKISH, the XXXUSD PAIRS are getting slightly downward PRESSURE. - The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a bit of a DOWNSIDE BIAS in the MARKET for USD. But after that GBPUSD can BUY until 1.2901 LEVEL. Before that, you can SELL at 1.1837 LEVEL. So go for GBPUSD LONG ENTRIES. Be sure to pay attention to the UK GEOPOLITICAL STATUS. If that MARKET SENTIMENT changes and STOCKS and COMMODITIES start to DOWN, it is risky to BUY GBPUSD. So keep an eye on the MARKET SENTIMENT. gbpusd
by benny_marshall
Impulsive GBPUSDWith all the huge events that took place, GBPUSD threw a bit of a tantrum, the market was quite volatile and overflowing. CPI provided a huge candlestick to give us the higher high then slightly dropped and made a retest to the higher high to give us a double top. FOMC happened and abruptly made this huge fall that formed a long wick. The market started to give us this nice long drop, now we’re at demand zones and USD is sharply gaining, if price doesn’t respect this zone then we are sure to go aggressively upward after triggering 1.21187 demand zone…
by tokelohomi