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Gbpusdsignal

GBP FACES CHALLENGES IN THE 3RD QUARTERGBP FACES CHALLENGES IN THE 3RD QUARTER Pressure is mounting at the GBP withinside the 1/3 area as hobby price cuts are sooner or later considered, whilst the United Kingdom trendy election reasons a bout of volatility and weak point withinside the GBP, with the Conservative Party in power. recorded the bottom consequences in decades. The Labor Party gained a landslide victory withinside the July four election. With the brand new government`s spending plans nevertheless unclear, buyers might also additionally live farfar from GBP and GBP-denominated assets, till while the monetary state of affairs is extra stable. UK INFLATION: TARGET ACHIEVED, BUT DIFFICULTIES STILL REMAIN The UK reached a key monetary milestone in May while inflation information hit the BoE's goal. For the primary time in almost 3 years, UK headline inflation fell to 2%, in step with the BoE's long-time period goal and staining a outstanding turning factor withinside the nation's combat in opposition to growing rate pressures . Core inflation - which includes meals and energy - additionally fell from 3.9% to 3.5%, whilst offerings inflation fell from 5.9% to 5.7%, proper on target however nevertheless worryingly excessive for the BoE.
Long
by TheLeader_WOLF
GBPUSD | Big Short coming We're anticipating a big short coming in GBPUSD. I added 2 possible main swing trades. Each one have a backup entry in case the main one failed to move in our direction. #1st Main trade will be as below: - Entry Price: 1.28159 - Take Profit: 1.27296 - Stop Loss: 1.28260 - R2R: 1:8.5 #Backup for 1st Main Trade in case it hit SL: - Entry Price: 1.28260 - Take Profit: 1.27296 - Stop Loss: 1.28360 - R2R: 1:9.6 ------- #2nd Main trade will be as below: - Entry Price: 1.28525 - Take Profit: 1.27293 - Stop Loss: 1.28675 - R2R: 1:8.2 #Backup for 2nd Main Trade in case it hit SL: - Entry Price: 1.28675 - Take Profit: 1.27296 - Stop Loss: 1.28896 - R2R: 1:6.3
Short
by GADELKARIM
GBPUSD I Potential short-term pullback and more growthWelcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
by BKTradingAcademy
1
GBPUSD BUY | Idea Trading AnalysisGBPUSD is falling towards a support level which is a pullback support and could bounce from this level to our take profit. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Long
by TheGrove
5
GBPUSD analysis week 28GBP/USD drops to new multi-week lows below 1.2650 GBP/USD remains under bearish pressure and trades at its lowest since mid-May below 1.2650. Stronger-than-expected Manufacturing and Services PMI data from the US helped the USD maintain its position and sent the pair lower. The Bank of England (BoE) announced on Thursday that it is not changing its monetary policy settings. “The June decision is reasonably balanced as higher-than-expected services inflation reflects factors that will not push up medium-term inflation,” the BoE said. The BoE's upbeat tone on the inflation outlook has seen the Pound weaken against its major rivals. GBP/USD fell below the lower bound of the ascending regression channel and the Relative Strength Index (RSI) indicator on the 4-day chart fell below 40, reflecting a bearish bias in the short-term outlook. After breaking the important support level of 1,266, the GBPUSD pair may retreat to the 1,259 area before encountering recovery support. The main support level of the pair is at the 1,252 area. If GBP/USD drops below 1.259 and starts to use it as resistance, an extended slide towards 1.252 could be seen Support: 1,259-1,252 Resistance: 1,266-1,272 Trading signals SELL GBPUSD zone 1.272-1.274 SL 1.276 BUY GBPUSD zone 1.252-1.250 SL 1.248
by TVS-Trader
2
GBPUSD : Short Trade , 4hHello traders, we want to check the GBPUSD chart. The price has broken the upward trend line, but we still cannot say that the trend is downward. Currently, we have two scenarios in front of us. The first case is that the price cannot break the specified support level and the price stays in a suffering zone for a while. And the second case is that the price can break this level and a downward trend is formed in the market. Considering the strength of the downward movement and the fact that there is no sign of weakness in the downward movement in the lower time frame, it seems that the second scenario is more likely and the price will enter a downward trend after breaking the support level. If the price trend is downward, we expect the price to fall to around 1.24700. Good luck.
Short
by mrAT_Trader
GBP/USD Technical AnalysisGBP/USD Technical Analysis Timeframe: 15-Minute Chart Chart Overview: The GBP/USD pair on the 15-minute timeframe demonstrates recent price action and incorporates several technical elements that suggest potential future movements. Key Elements: 1. Descending Channel: - The chart shows a descending channel, with the price moving within a well-defined range, respecting the upper trendline as resistance and the lower trendline as support. - This pattern suggests a bearish trend with lower highs and lower lows. 2. Support and Resistance Levels: - Resistance Levels: Immediate resistance levels are noted at 1.27209 and 1.27248, with another significant level at 1.26957. - Support Levels: Key support levels include 1.26891, 1.26670, and further below at 1.26404. These levels have provided significant support in the past and could act as potential bounce points if the price declines. 3. Breakout Potential: - The price appears to be consolidating just above the lower trendline of the descending channel. This consolidation phase could indicate potential for a breakout. - If the price breaks above the immediate resistance level at 1.26957 with strong volume, it may signal a bullish reversal. ### Conclusion: The GBP/USD pair is currently in a critical phase, moving within a descending channel. The price action around key support and resistance levels will be crucial in determining the next move. Volume analysis supports potential for a breakout, suggesting close monitoring for opportunities. Always manage your risk with appropriate stop losses and position sizing.
by THE-10
GBPUSD: The British Pound is on a short-term recovery trend.GBPUSD: The British Pound is on a short-time period restoration trend. In the context of USD adjusting downward. The situation in today`s consultation ought to see GBPUSD short-time period resistance across the 1.2730 region. It is anticipated that GU will preserve to growth and there may be reactions round this resistance region and decline. In the quick time period, you could purchase with GU and wait to promote above this resistance zone
Short
by Chart_MasterPro
1