TAG: GBPUSD
Target Thursdays: UK100 & AUDUSD hit profit target
UK100 soars through profit levels AUDUSD bears bag 30 pips Bonus: Keep on USDInd trading range Chec...
7 months ago
Trade Of The Week: GBPUSD bears ready to strike?
Data heavy week for GBPUSD UK data dump set to influence Pound Dollar volatility also on the cards...
7 months ago
GBPUSD | Analysis Pre BOE Rate decision | Forex
Hi, and thanks for checking out today’s video update. We are looking at the GBPUSD today as the price continues to consolidate in a rough ending diagonal pattern. We have also chosen the cable as we have the UK rates decision to come out later today....
7 months ago
Gold Continues Winning Streak Amidst Fed Rate Cut Expectations
Gold continued its triumphant streak for the third consecutive day on Monday. From a technical analysis perspective, buyers have not yet reached any specific target, but overall, they are approaching it. For instance, within the current bearish corridor,...
7 months ago
Target Thursdays: EURGBP, GBPUSD & Crude hit targets!
Check out these potential profits that you may have missed from our Daily Market Analysis. EURGBP bears bag 20 pips GBPUSD reaches all profit targets Crude bulls pockets 63 points 1) EURGBP extends downside pressure Where and when was Target...
6 months ago
Key events on April 2: fundamental analysis for beginners
Analysis of macroeconomic reports: There are slightly more macroeconomic events scheduled for Tuesday. However, on Monday, there was the important US ISM Manufacturing PMI data, which triggered a significant decline in both currency pairs. On Tuesday, we...
6 months ago
Forecast for GBP/USD on April 2, 2024
GBP/USDFollowing our main scenario, the British pound broke out of consolidation and moved lower amid the general weakness of the dollar and the stock market (S&P 500 -0.20%). The pound lost 76 pips, and now it is approaching the target support at 1.2...
6 months ago
The Dollar Rally Stalls as Market Participants Wait for more Signals of the Strength of the US Economy
The EUR/USD pair is showing resilience, defending its near-term support level at 1.08. A broad, albeit slight, dollar weakness contributed to the strength of the pair. However, recent economic data releases from both the United States and Europe have inje...
6 months ago
GBPUSD H4 | Bearish breakout
TitleGBPUSD H4 | Bearish breakoutTypeBearish BreakoutPreference:Price is falling toward the pivot point of 1.2609. A breakout from this level could lead the price to fall to 1st support level at 1.2553, a multi swing low support level.Alternative scenario...
6 months ago
Indicator Analysis of GBP/USD on April 2, 2024
Trend analysis (Fig. 1).The GBP/USD currency pair may move upward from the level of 1.2547 (closing of yesterday's daily candle) to test the 14.6% pullback level at 1.2590 (red dotted line). Upon reaching this level, a continued upward movement is possibl...
6 months ago
King Dollar Reclaims Throne as Fed Board Member Douses Rate Cut Speculations
The US Dollar has emerged as the undisputed monarch once again, buoyed by a confluence of factors sending ripples across the financial landscape. Fed Board Member Christopher Waller's decisive stance against a June interest-rate cut spurred bids on USD on...
6 months ago
Analysis and trading tips for GBP/USD on April 2
Analysis of transactions and tips for trading GBP/USDThe test of 1.2605 took place at a time when the MACD line moved downward from zero. This provoked a sell signal, which led to a price decrease of over 30 pips. Meanwhile, purchases on the rebound from...
6 months ago
Trading plan for EUR/USD and GBP/USD on April 2
Dollar surged in price during the holidays in Europe. Usually, markets patiently await the opening of trading sessions, but it moved at the moment when business activity data in the manufacturing sector came out. The Markit reported a decrease in the inde...
6 months ago
Hot forecast for GBP/USD on April 2, 2024
It is a well-known fact that the market cannot stand still for a long time, and sooner or later, movement becomes inevitable. Moreover, the longer the stagnant phase, the more significant the subsequent leap. So, in general, it is not surprising that the...
6 months ago