Today’s GBPUSD Market Technical Analysis by Guriforex
Welcome to our latest GBPUSD market analysis, where we dive into the recent trends and potential movements in this dynamic currency pair. Let’s explore what’s happening on the charts and what it could mean for traders like you! 💹 Today’s GBPUSD Market Technical Analysis by Guriforex for August 8, 2024: In the 2-hour chart (H2), […]
GBPUSD Looks Bullish! Trading Idea for May 30, 2024
Welcome again, dear traders. Now we are here with the analysis of the GBPUSD trading pair. Let’s delve into the analysis. GBPUSD Looks Bullish! Trading Idea for May 30, 2024: 🔥 We have an exciting setup on the chart using the DeMarker System Strategy. ⚡️ On the H2 (2-hour) timeframe, GBPUSD is exhibiting strong signs […]
Market update and insights on the British Pound, Oil, and Tesla
Welcome back, dear traders! Now We’re here with updates on the British pound, oil, Chinese stocks, and Tesla. Let’s delve into the news. Market update and insights on the British Pound, Oil, and Tesla for May 9, 2024: 🇬🇧 Investor sentiment toward the British pound is bearish, with short positions on the currency reaching a […]
Analyzing the GBP/USD Downward Trend and Key Support Levels
Good morning, traders! Welcome back to our analysis corner, where today we’re diving into the GBPUSD pair. Let’s explore the latest trends and insights together. GBPUSD market trading analysis: The GBPUSD pair has been sliding down for three days in a row as of Tuesday, hitting its lowest point since November 17 during Asian trading […]
GBPUSD is bearish! Guriforex trading signal 12 May 2023
#GBPUSD GBPUSD fell to the support trendline. At the same time, the RSI broke the trendline predicting a downtrend continuation.Thus, traders may look for the 1.2505 support breakout and sell the pair with targets at Traders who like to risk may also look for sell trades inside the 1.2550 – 1.2580 resistance range. Trade: Sell […]
Pound reached the resistance, Trading signal guriforex
Pound reached the resistance #GBPUSD The GBP made a breakout of the yellow zone, which is a one-year high. We expect this to be a liquidity collection and expect a local correction. There are three targets, but we suggest you closing half of the trade on the first one to reduce risks. Trade: Sell GBPUSD […]