Weekly review of GBP/USD for May 01-05, 2023
Review : The GBP/USD pair has faced strong support at the level of 1.2502 because resistance became support. So, the strong resistance has been alr…
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Heiken Ashi EA 93 pips
Buying in uptrend by Heiken Ashi EA .
Weekly review of GBP/USD for April 24-28, 2023
Weekly Review : The GBP/USD pair steep decline spells for a capitulation event underway from the levels 1.2470 and 1.2448. More price decline is li…
Key levels tested as GBPUSD continues its downward move
Testing the 1.27974 (call it 1.2800) area GBPUSD falls to trendline support In a previous post on the GBPUSD, we discussed the breaking of…
GBP/USD – Pound climbs to highest level since June 2022
British pound extends rally UK growth was flat in February US Producer Price Index contracted in March GBP/USD has edged higher and is trading ar…
GBP/USD at resistance. New sell-off?
The GBP/USD pair rallied in the short term as the US reported lower inflation today. The bias is bullish, so a new upside movement was natural. In th…
Technical analysis of GBP/USD for April 09, 2023
Overview: The GBP/USD pair broke resistance which turned to strong support at the level of 1.2302 yesterday. The level of 1.2302 coincides with a g…
EUR/USD and GBP/USD: trading tips for beginner traders on April 7 (US session)
The absence of statistics and the pre-Easter European session did not lead to market changes in the euro and the British pound. Although sellers of t…
GBPUSD backs off after strong UK CPI data fails to maintain momentum in break higher.
High price above swing area failed today GBPUSD backs off after break higher failed. The GBPUSD experienced an upward trend today following…
March 21, 2023 : GBP/USD Intraday technical analysis and significant key-levels.
Previously, the GBP/USD pair remained under bearish pressure to challenge the significant daily bottom established around 1.1750 which was bypassed …
GBPUSD moves to new session highs and in the process extends above recent swing highs
Price of GBPUSD moves a bow swing area between 1.21425 and 1.2147 GBPUSD trades to a new session high The GBPUSD is trading to a new sessio…
GBP/USD: trading plan for the US session on March 6 (analysis of morning deals)
In my morning forecast, I focused on the level of 1.2019 and provided advice based on it for traders who were considering entering the market. Let…
GBP/USD. Analysis for March 2, 2023
The wave analysis for the pound/dollar pair now appears to be challenging, but it does not call for any clarifications. The wave patterns for the eu…
GBP/USD. Overview for March 1, 2023
The GBP/USD currency pair has been fluctuating over the past few weeks. The pair has been trading in the 500-point side channel for several months, …
GBP/USD. Analysis for February 28, 2023
The wave analysis for the pound/dollar pair now appears to be challenging, but it does not call for any clarifications. The wave patterns for the eu…
Technical analysis of GBP/USD for February 24, 2023
Pound price prediction : Remember that the GBP/USD pair is in donwtrend since a week! so, the GBP/USD pai is really a great fortune. Hence, our tar…
GBPUSD dips below the 200 hour MA. Can it stay below now?
200 hour MA at 1.2066 GBPUSD falls back below the 200 hour MA. The GBPUSD has dipped back below the 200 hour MA at 1.20662, tilting the sho…
GBPUSD chops up and down in trading today. Slides down from the 200 hour MA test yesterday
100 hour MA below at 1.2073 GBPUSD trade between 100/200 hour MAs The GBPUSD is chopping up and down in a confined trading range today. The…
GBP/USD. Analysis for February 7. Neil Kashkari: The target rate is 5.4%.
The wave pattern for the pound/dollar pair now appears very confusing but does not call for any clarifications. The wave patterns for the euro and t…
Trading Signal for GBP/USD for January 30 - 31, 2023: sell if it breaks 1.2360 (21 SMA - symmetrical triangle)
Early in the American session, the British pound is trading around 1.2373 below the 21 SMA and within the downtrend channel formed since January 9. …
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