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Gbpusdforecast

GBPUSD : Current Situation & Technical , Fundamental View TREASURY SEC YELLEN is set to make a SPEECH for USD today. Also, today is the most important day for the FOMC MEETING. It is a very HIGH VOLATILE EVENT and we look forward to the decisions that are made there. Today is not an important day for GBP. But CONSTRUCTION PMI DATA is due to be released today for GBP. It's the LOW IMPACT NEWS. But there is some significance. - DXY is currently at 99.74 LEVEL. Also the GBP FEATURE stays at 1.3056 LEVEL. GBPUSD PRICE is slightly lower than DYNAMIC S / R LEVELS. Maybe DYNAMIC S / R LEVELS can be UP before moving further. Then most of the time the PRICE can be sold in the form of STRUCTURE. - Currently the SENTIMENT of the OVERALL MARKET is NEUTRAL. But it's too heavy for RISK OFF status. Also the EQUITIES are turning a bit red. VIX is getting a bit UP. Also COMMODITIES are now showing a DOWN SIDE BIAS. There is a NEUTRAL BIAS currently on the market. But because of VIX UP, EQUITIES DOWN, COMMODITIES DOWN the MARKET RISK is OFF. - GBPUSD PRICE can be UP to 1.3162 LEVEL before DOWN. Then you can DOWN to 1.2905 LEVEL. The PRICE will move according to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. FOMC MEETING is taking place today. Watch out for any changes.
by benny_marshall
GBPUSD LONG - Buy Entry - H4 ChartGBPUSD LONG - Buy Entry - H4 Chart Buy @ Market Symbol: GBPUSD Timeframe: H4 Type: BUY Entry Price: Buy @ Market Pivot Point Yearly @ 1.3644 Resistance @ 1.35325 Resistance @ 1.33443 Resistance @ 1.32532 Support @ 1.30889 Support @ 1.31198 Support @ 1.31654 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ If you have any feedback or questions, please leave a comment below as I answer each comment 💬 ✅ Wishing you enjoyable successful trading 🙏
GLong
by UnknownUnicorn35780991
GBPUSD possible buy zone and sell zoneGBPUSD has started to move up and looks like it will test the long-term trend line and is likely to test the previous support @ 1.3440. currently, it looks like GBPUSD will rise from 1.3200 as daily candle after breaking the previous day's low, the bulls are active and the price is driving higher. If we see significant price action on the 4H, we may buy GBPUSD and may close @ 1.3440 and will sell again from the same zone after getting price action confiration. Please press the like button if you find value in this analysis.
Long
by ForexWizard01
GBPUSD | Perspective for the new weekA reversal pattern was identified on the 4H time frame as the pound appears to have bounced up to erase previous losses in recent time. Tendency: Uptrend (Bullish) Structure: Supply & Demand | Trendline | Reversal pattern (Inverse Head and Shoulder) NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry