Get started

Gbpusdforex

GBPUSD: Continue buying, target 1.2400 The recent failures of Silicon Valley Bank (SVB) and Signature Bank have exposed cracks in the banking system, partially due to overly restrictive monetary policy. This situation could quickly spread, causing the Federal Reserve to intervene to protect depositors and launch emergency liquidity programs to support lending institutions. In summary, systemic risk may pose challenges to policymakers' long-term plans, at least in the short term, prompting them to prioritize financial stability over combating inflation, which is a slow-moving problem. In this situation, next week's FOMC forward guidance may lean towards a dovish stance. A few days ago, the US dollar had strong bullish momentum, but the situation has now turned, as is the nature of the market. If there is no strong risk aversion or events that cause funds to flow into safe assets, the US dollar may continue to retreat in the short term, especially if dovish expectations are met. GBPUSD failed to break above the resistance level of 1.2200 and experienced a downward trend under pressure. However, if the price confirms its position above this resistance, we may see a move towards 1.2450, which is the 61.8% Fibonacci retracement level of the 2022 decline. Therefore, I still recommend buying on dips, and our long position bought at 1.1800 remains in place. Personal trading advice: Continue to enter long positions near 1.2000, with a target of 1.2200-1.2400. If the resistance level is broken, continue to hold the position and look for further upward movement. In the long term, there is still significant room for growth, and I will continue to update my personal trading strategy in the future. Please stay tuned.
Long
by FlashTrades_
1
GBPUSD#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 1.1580 LEVEL. So go for GBPUSD LONG ENTRIES.
by benny_marshall
Can GBPUSD go long? On Friday, March 3rd, the GBPUSD rose 0.7% to $1.2032. The final reading of the February Services Purchasing Managers' Index (PMI) from the IHS Markit/CIPS rose to 53.5, higher than January's 48.7 and the initial February reading of 53.3, marking the strongest growth since June last year. The data has increased investor expectations that UK interest rates will continue to rise after March. The Bank of England's main interest rate is expected to peak at 4.75% in August, higher than the current 4.0%, and higher than the expected peak of around 4.0% a month ago. With support from this rate hike expectation, investors believe that the interest rate differential between the pound and the euro and the US dollar will not widen too much, and the pound may not be excessively impacted and fall into an extremely weak position. From a technical perspective, the daily chart is oscillating around the lower bound of the range of 1.1914-1.2180 in February, lacking direction. The 4-hour chart is volatile, with support at 1.1920 and resistance at 1.2140. On the hourly chart, the downtrend stabilizes above the previous low of 1.1920, forming an effective support for the "W" double bottom, with a further rebound tendency. Previously, we entered long positions near 1.1920, and we have made short-term profits. There will be opportunities for re-entry during the subsequent adjustment. Personal operational recommendations: Enter long positions at 1.1920-1.1950, with the first profit-taking target at 1.2150 and the second profit-taking target at 1.2270. I will continue to update strategies for friends' reference in the future. Thank you for your support and attention.
Long
by FlashTrades_
GBPUSD: Buy with a target of 1.213 From a technical perspective, the 4-hour triple bottom pattern has already emerged and has overcome the short-term pressure at 1.202. Currently, it is fluctuating within the range of 1.213-1.192. The bullish strategy remains unchanged, with continued buying at lower levels. The initial target is around 1.206, followed by 1.213. When the price approaches 1.213 again, I believe there is a high probability of a breakthrough after a long period of consolidation. Therefore, I maintain the trading strategy of buying at lower levels. I have profound knowledge and extensive trading experience in gold, crude oil, forex, cryptocurrency, and other markets. I am happy to share this with everyone and greatly appreciate your attention and support. If you have any questions, please leave a message in the comment section, and I will provide you with the most sincere and responsible solutions. Have a pleasant day!
Long
by triumphing
3
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.23775 TP: 1.22643 SL: 1.24448 Bias: Short GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most broadly exchanged cash matches on the planet. Follow the live GBP/USD rate with the graph and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD figure and key turn focuses information and backing and opposition levels.
Short
by NationForexSignals
1
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.23216 TP: 1.22209 SL: 1.23875 Bias: Short GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets brokers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most generally exchanged cash matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and examination. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and obstruction levels.
Short
by NationForexSignals
3
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.23505 TP: 1.22859 SL: 1.24005 Bias: Short GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets dealers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most broadly exchanged money matches on the planet. Follow the live GBP/USD rate with the graph and stay up with the latest with Pound-Dollar news and examination. Plan your exchanges with the GBP/USD gauge and key turn focuses information and backing and obstruction levels.
Short
by NationForexSignals
1
GBPUSD LongTime Frame: 4H Symbol: GBPUSD Entry: 1.23578 TP: 1.24716 SL: 1.22681 Bias: Long GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets brokers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most generally exchanged cash matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and opposition levels.
Long
by NationForexSignals
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.22144 TP: 1.21211 SL: 1.22788 Bias: Short GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most generally exchanged money matches on the planet. Follow the live GBP/USD rate with the graph and stay up with the latest with Pound-Dollar news and examination. Plan your exchanges with the GBP/USD gauge and key turn focuses information and backing and obstruction levels.
Short
by NationForexSignals
GBPUSD LongTime Frame: 4H Symbol: GBPUSD Entry: 1.22285 TP: 1.23210 SL: 1.21673 Bias: Long GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets merchants know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most seasoned and most broadly exchanged money matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and opposition levels.
Long
by NationForexSignals
GBPUSD ShortTime Frame: 4H Symbol: GBPUSD Entry: 1.21260 TP: 1.20413 SL: 1.22013 Bias: Short GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets dealers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most broadly exchanged cash matches on the planet. Follow the live GBP/USD rate with the diagram and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD estimate and key turn focuses information and backing and opposition levels.
Short
by NationForexSignals
1
GBPUSD LongTime Frame: 4H Symbol: GBPUSD Entry: 1.21207 TP: 1.22254 SL: 1.20309 Bias: Long GBP/USD is the forex ticker that shows the worth of the English Pound against the US Dollar. It lets brokers know the number of US Dollars that are expected to purchase an English Pound. The Pound-Dollar is one of the most established and most generally exchanged money matches on the planet. Follow the live GBP/USD rate with the outline and stay up with the latest with Pound-Dollar news and investigation. Plan your exchanges with the GBP/USD conjecture and key turn focuses information and backing and opposition levels.
Long
by NationForexSignals