This is the futures trade based on news from Bank of EnglandThis is a Wyckoff VSA in action in the 6B and GBP/USD contracts after news from Fed and Bank of England.
Weekly Forex Forecast: GBPUSD is Bearish. Look For SELL Setups!This forecast if for the week of Dec. 16 - 20th.
GBPUSD is bearish, and a bit weaker than the EURUSD. Will this weakness continue into next week? WIth a strong USD, the answer is yes! Wait for sells and look to target the sell sid liquidity.
Check the comments section below for updates regarding
Why GBP Is the Alpha Wolf: Decoding the Market's Next Big MoveThe COT strategy has revealed potent setups once again. The codes are unlocking the market’s next likely moves. What you’re about to read is no ordinary analysis—this is how the game is truly played.
This week, GBP and CHF stand out. EUR and NZD also look promising. So, why focus on GBP & CHF? The
GBPUSD | "Cable" Weekly Forex Forecast: Bearish! Sell The -FVG!GBPUSD is weak, and has currently retraced into a Daily Imbalance, overlapped by a Weekly Imbalance. It is from this point of Internal Range Liquidity that I expect price to seek the next External Range Liquidity, down at the low, @1.2487. This will be the draw on liquidity for the upcoming week, im
Weekly Forex Forecast: GBPUSD Is Indicating Strength! GBPUSD had a strong close to last week. This led to a bullish BOS on the Daily TF, in the Weekly -FVG. I expect there to be a short term reaction to the imbalance, and then a resumption of the bullish momentum at the bullish FVG on the Daily TF.
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WHAT'S FLOWING: CRYPTO / COMMODITIES / FX / EQUITIES In today's episode of What's Flowing, we navigated key market trends across multiple asset classes with a deep dive into the following insights:
Crypto Bulls: UNIUSD and ZENUSD showed strong upward momentum, signaling bullish opportunities with favorable accumulation zones.
Commodity Spotlight:
GBP/USD Turns Bearish: Analyzing the Key Factors Behind DeclineThe GBP/USD pair has recently turned bearish after reaching a significant Supply area around 1.3228. This level, clearly visible on the weekly chart, has proven to be a formidable resistance, halting the pair's upward momentum and reversing its course. As of today, GBP/USD is trading around 1.3125,
EUR | USD | GBP Weekly Forecast Oct. 28: SELL EU & GU!In this video, we will view the markets through ICT Concepts, focusing on the USD, the EURO, and the GBP.
The retracement in the USD Index is overdue and pending... but not yet! There is still room to the upside, which means EURUSD and GBPUSD will likely be BEARISH, as the USD is stronger than bo
GBPUSD BUY ABOVE 1.2800As mentioned in the chart, Wave 4 is supposed to end around 1.2830 to 1.2930 area.
Wave 5 will be capable enough to target 1.3746 to 1.3765 area in long term. But immediate targets were mentioned in our morning call.
#GBPUSD #CURRENCIES
GBPUSD British pound Bullish Week**British pound GBP Value Correlation to USD
>We are now in the Oversold region Signaling for a bullish trend week.
Note: Every time we get Oversold Readings (Green Vertical Lines) we always get a Bullish Move
**Election Year Seasonality forecast
>Bullish until early next Week.
Technicals:
>P
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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 Micro GBP/USD Futures (Dec 2024) is 1.2661 USD — it has risen 0.36% in the past 24 hours. Watch Micro GBP/USD Futures (Dec 2024) price in more detail on the chart.
Track more important stats on the Micro GBP/USD Futures (Dec 2024) chart.
The nearest expiration date for Micro GBP/USD Futures (Dec 2024) is Dec 16, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Micro GBP/USD Futures (Dec 2024) before Dec 16, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Micro GBP/USD Futures (Dec 2024) this number is 1.89 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Micro GBP/USD Futures (Dec 2024) 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 Micro GBP/USD Futures (Dec 2024). Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Micro GBP/USD Futures (Dec 2024) technicals for a more comprehensive analysis.