🏆 GBPUSD Market Update
📊 Technical Outlook
Short-term: BULLS active; resistance forming mid‑1.3600s, consolidation below 1.3600s
Mid-term: Neutral to slight bullish bias; bulls seek 1.3600–1.3700/1.3730 zone
Status: Narrow trading range (tight band) ahead of key UK CPI, Fed & BoE meetings
🔥 Latest Forex Updates
GBP/USD is consolidating in a narrow range around the mid‑1.3500s ahead of this week’s UK CPI and central bank meetings.
The pair holds defensive below 1.3600, with dovish BoE bets capping gains while the Fed is expected to stand pat.
GBP/USD sits near a 40‑month high (~1.3600), boosted by geopolitical risk tone, but lacking momentum to break much higher.
GBP/USD hit ~1.3600 after rebounding from 1.3515 amid renewed Middle East tensions and a weaker US dollar.
Live charts show a mild bullish tilt, awaiting central bank outcomes.
💡 Trade Recommendation
Buy GBPUSD at 1.3530 (recommended entry near 1.3530)
Take Profit at 1.3730 → +200 pips profit target
Stop Loss: 50 pips (around 1.3480)
This trade aligns with the current structure: shallow dip followed by rebound, positioning ahead of central bank catalysts. Momentum above resistance could propel GBP/USD toward 1.3730.
📌 Market Overview
Metric Details
Current Price ~1.3565–1.3600
24H Range 1.3515–1.3600
Central Event Risks UK CPI (Wed), US Retail Sales & Fed (Wed), BoE (Thu)
Geopolitical Middle East tension supports USD weakness, aiding GBP
📈 Forecast Highlights
Support Levels: ~1.3530 (100‑period SMA), ~1.3460, ~1.3425
Resistance Levels: 1.3600, 1.3630 static ceiling, followed by ~1.3700–1.3730 for bulls
🧭 Final Take
GBP/USD sits in a tight range, awaiting central bank clarity. The recommended long trade at 1.3530 aims to capitalize on upside momentum toward 1.3730, supported by technical confluence and a softer USD. Manage risk with a 50‑pip stop loss.
📊 Technical Outlook
Short-term: BULLS active; resistance forming mid‑1.3600s, consolidation below 1.3600s
Mid-term: Neutral to slight bullish bias; bulls seek 1.3600–1.3700/1.3730 zone
Status: Narrow trading range (tight band) ahead of key UK CPI, Fed & BoE meetings
🔥 Latest Forex Updates
GBP/USD is consolidating in a narrow range around the mid‑1.3500s ahead of this week’s UK CPI and central bank meetings.
The pair holds defensive below 1.3600, with dovish BoE bets capping gains while the Fed is expected to stand pat.
GBP/USD sits near a 40‑month high (~1.3600), boosted by geopolitical risk tone, but lacking momentum to break much higher.
GBP/USD hit ~1.3600 after rebounding from 1.3515 amid renewed Middle East tensions and a weaker US dollar.
Live charts show a mild bullish tilt, awaiting central bank outcomes.
💡 Trade Recommendation
Buy GBPUSD at 1.3530 (recommended entry near 1.3530)
Take Profit at 1.3730 → +200 pips profit target
Stop Loss: 50 pips (around 1.3480)
This trade aligns with the current structure: shallow dip followed by rebound, positioning ahead of central bank catalysts. Momentum above resistance could propel GBP/USD toward 1.3730.
📌 Market Overview
Metric Details
Current Price ~1.3565–1.3600
24H Range 1.3515–1.3600
Central Event Risks UK CPI (Wed), US Retail Sales & Fed (Wed), BoE (Thu)
Geopolitical Middle East tension supports USD weakness, aiding GBP
📈 Forecast Highlights
Support Levels: ~1.3530 (100‑period SMA), ~1.3460, ~1.3425
Resistance Levels: 1.3600, 1.3630 static ceiling, followed by ~1.3700–1.3730 for bulls
🧭 Final Take
GBP/USD sits in a tight range, awaiting central bank clarity. The recommended long trade at 1.3530 aims to capitalize on upside momentum toward 1.3730, supported by technical confluence and a softer USD. Manage risk with a 50‑pip stop loss.
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taplink.cc/black001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.