🔔🔔🔔GBP/USD news:
➡️ The British pound was under slight selling pressure against the US dollar after the US federal appeals court temporarily halted the decision of the Federal Trade Commission to block most of President Donald Trump’s tariffs.
➡️ However, market expectations of a measured policy expansion cycle by the Bank of England (BoE), along with progress in finalizing trade agreements with Washington, Delhi, and Brussels, helped support the UK currency. Meanwhile, the U.S. Dollar remained under pressure amid ongoing uncertainty surrounding Trump’s tariff policies.
Personal opinion:
➡️ The court’s decisions need more time to evaluate. GBP/USD will remain within the trend line and await the US PCE news. this will be the focus of today
➡️ Analysis based on support resistance levels and EMA combined with trend lines to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy GBP/USD 1.3440- 1.3450
❌SL: 1.3410 | ✅TP: 1.3495 – 1.3545
FM wishes you a successful trading day 💰💰💰
➡️ The British pound was under slight selling pressure against the US dollar after the US federal appeals court temporarily halted the decision of the Federal Trade Commission to block most of President Donald Trump’s tariffs.
➡️ However, market expectations of a measured policy expansion cycle by the Bank of England (BoE), along with progress in finalizing trade agreements with Washington, Delhi, and Brussels, helped support the UK currency. Meanwhile, the U.S. Dollar remained under pressure amid ongoing uncertainty surrounding Trump’s tariff policies.
Personal opinion:
➡️ The court’s decisions need more time to evaluate. GBP/USD will remain within the trend line and await the US PCE news. this will be the focus of today
➡️ Analysis based on support resistance levels and EMA combined with trend lines to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy GBP/USD 1.3440- 1.3450
❌SL: 1.3410 | ✅TP: 1.3495 – 1.3545
FM wishes you a successful trading day 💰💰💰
Trade active
Personal plan Hit + 40 pips from Buy 1.3450
successful setup
Trade closed: target reached
Gold price remains sideways in trend line, completing plan
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
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.