GOLD H1 Market Update: Bear Trap / liquidity sweep BUY DIPS📊 Technical Outlook update
🔸Bullish OUTLOOK
🔸3050 USD Resistance Heavy
🔸3000/3040 Trading Range
🔸2990 potential Bear Trap
🔸Price Target BULLS: 3100 USD - 3150 USD
🔸Recommended Strategy: BUY DIPS 2990
📊 Gold Market Summary – This Week
💰Gold Price Surge: Gold prices soared above $3,000, prompting Bank of America to raise its price target.
💸Profit-Taking Pressure: After the surge, mild profit-taking caused a slight price correction.
🛡️Safe-Haven Demand: Gold continues to show strength, supported by safe-haven flows amid economic uncertainty.
📅 Economic Data Impact: U.S. economic data (e.g., 0.9% rise in durable goods orders) is influencing gold prices, pushing them to session highs.
🔄Consolidation with Bullish Outlook: Gold is consolidating but remains bullish due to favorable U.S. dollar performance and Federal Reserve policies.
🌍Geopolitical Tensions: Ongoing Russia-Ukraine conflict and U.S.-Russia tensions continue to support gold’s status as a safe-haven asset.
💎 Summary:
Gold remains resilient with strong demand, positive economic indicators, and geopolitical tensions supporting its value, despite minor price corrections.
GBPUSD
GBPUSD longAll timeframes are extremely bullish with each timeframe having its own individual target.
3 month timeframe has a target of 1.39
1 month timeframe has a target of 1.3450
Weekly timeframe has a target of 1.3135
Daily timeframe has a target of 1.3020
My main focus is on the daily target as of now.
Price took a lot of orders at the 1.2600 psychological level and there was a lot of bullish orders.
Price broke and retested the 1.2880 liquidity region and the next target was 1.3020, however, that target was never hit.
All price is currently doing is collecting orders in order to reach that target
Yesterday and today during the Asian session, we see that price took orders at 1.2880, indicating that price is headed to 1.3020 target.
I expect numerous buy setups to form before we reach the 1.3020 target. I will update them as they form.
Fundamental Market Analysis for March 27, 2025 GBPUSDEvent to pay attention to today:
14:30 EET. USD - Unemployment Claims
GBPUSD:
The GBP/USD pair is showing signs of recovery, having rebounded from the previous session's losses to reach 1.2910 during Thursday's Asian trading session. The pair is strengthening as the US dollar remains under pressure from lower Treasury yields: 2-year and 10-year yields are at 4.0% and 4.34%, respectively. Market participants are monitoring upcoming US economic data, including weekly initial jobless claims and the final Q4 annualised Gross Domestic Product (GDP) report, scheduled for release later today.
However, GBP/USD gains may be constrained due to an escalation in risk-off sentiment and a rise in US trade policy. On Wednesday, US President Donald Trump signed an executive order imposing 25 per cent tariffs on car imports, which will come into effect on April 2, with duty collection starting the following day. However, a one-month delay will be granted for imports of auto parts. This has led to heightened global trade tensions and added uncertainty to the markets.
On Wednesday, St. Louis Fed President Alberto Musalem issued a statement that was critical of the tariff policy, joining other Federal Reserve chiefs in expressing concerns. Musalem warned that the measures are disrupting the US economy, increasing uncertainty and pushing inflation higher.
The release of the UK Consumer Price Index (CPI) report for February showed inflation falling faster than expected, leading to a weakening of the Pound Sterling (GBP). The lower CPI reading has led to speculation that the Bank of England (BoE) may be leaning towards easing monetary policy.
The core CPI rose by 2.8% year-on-year, falling short of the 2.9% forecast and down from January's 3.0%. The core consumer price index, which excludes volatile goods, rose by 3.5%, below the anticipated 3.6% and the previous reading of 3.7%. On a monthly basis, the core CPI increased by 0.4%, following a 0.1% decline in January, falling short of the 0.5% forecast. Inflation in the services sector, a key focus area for the Bank of England, remained steady at 5%.
Trading recommendation: SELL 1.29000, SL 1.29700, TP 1.28100
Eur/Usd Mar/24 Weekly analyzeHello eveyone.
Price reject at W200 ma for 2 weeks and Closed below W 200 MA also this w open below W pivot so i'm gonna sell for this week
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( This is an idea and entry-tp-sl placed for my own trade , you can change entry-tp-sl depends on your risk management )
GBPUSD(20250327)Today's AnalysisToday's buying and selling boundaries:
1.2897
Support and resistance levels:
1.2974
1.2945
1.2927
1.2868
1.2849
1.2821
Trading strategy:
If the price breaks through 1.2897, consider buying, the first target price is 1.2927
If the price breaks through 1.2868, consider selling, the first target price is 1.2849
$GBIRYY -U.K Inflation Rate (February/2025)ECONOMICS:GBIRYY
February/2025
source: Office for National Statistics
- The annual inflation rate in the UK fell to 2.8% in February 2025 from 3% in January, below market expectations of 2.9%, though in line with the Bank of England's forecast.
The largest downward contribution came from prices of clothing which declined for the first time since October 2021 (-0.6% vs 1.8%), led by garments for women and children's clothing.
Inflation also eased in recreation and culture (3.4% vs. 3.8%), particularly in live music admission and recording media, as well as in housing and utilities (1.9% vs. 2.1%), including actual rents for housing (7.4% vs. 7.8%).
In contrast, food inflation was unchanged at 3.3% and prices rose faster for transport (1.8% vs 1.7%) and restaurants and hotels (3.4% vs 3.3%).
Meanwhile, services inflation held steady at 5%.
The annual core inflation rate declined to 3.5% from 3.7%.
Compared to the previous month, the CPI increased 0.4%, rebounding from a 0.1% decline but falling short of the expected 0.5% increase.
Mid-Week Analysis March 27-28: USD FX Majors Stock Indices, ...In this video, we look back on the forecasts from this past weekend, and check how they are playing out to this point in the week.
USD Index, S&P500, Nasdaq ,Dow Jones, Gold, Silver, Platinum, Copper, EUR, GBP, AUD, NZD, CAD, CHF, JPY.
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GBP/USD Potential Bear Momentum...I couldn't resist the GBP/USD bear opportunity here displaying a broadening pattern.
I'm already in established shorts on the EUR/USD at 1.0891 but decided to jump in on GBP/USD at 1.2916 considering the price movements can be more pronounced.
Right now, my cap on whether this trade works or not is 1.3000. if we, for whatever reason, pop back up to 1.3000, I'd close this trade but for now, I think this trade looks good and will target 1.2750 however, using chart pattern percentages, I wouldn't be surprised to see 1.2600.
We'll see how this one looks going forward, especially with trump announcing more tariffs later today.
As always, Good Luck & Trade Safe.
UK inflation cools more than expected, GBP/USD loses groundUK inflation for February rose 2.8% y/y, below the market esti mate of 2.9%. This was lower than the 3% gain in January. The main contribution to the drop in inflation was lower prices for clothing and housing. On a monthly basis, CPI rose 0.4%, up from 0.1% in January but lower than the market estimate of 0.5%. Core CPI also eased, falling from 3.7% to 3.5%.
The drop in inflation is good news, but the Bank of England remains concerned about the upside risk of inflation. Services inflation, which has been sticky, was unchanged at 5%.
The BoE will consider a rate cut at the next meeting in May, but will be monitoring the effects of increased employer taxes starting in April as well as today's Spring Statement.
At last week's meeting, the BoE expressed concern over worsening "global trade policy uncertainty" and pointedly mentioned US tariffs. The Trump administration's new trade policy has raised trade tensions and a global trade war would hurt growth and boost inflation.
The slight drop in inflation is also good news for Finance Minister Rachel Reeves, who is delivered the budget update earlier today. The update did not contain any further tax increases and announced deep spending cuts. Borrrowing a phrase from the Bank of England at last week's meeting, Reeves said "increased global uncertainty" had increased borrowing costs and led to economic instability.
GBP/USD has pushed below support at 1.2940. The next support level is 1.2864
There is resistance at 1.2940 and 1.2991
GBP/USD: Technical Signals Point to Potential Bearish ReversalIn the early stages of the European session on Friday, GBP/USD is struggling to maintain its footing, trading below the 1.2925 mark as I compose this article. The pair faces pressure from a robust demand for the US dollar amid a backdrop of cautiousness from the Federal Reserve and prevailing economic uncertainties. This selling pressure persists despite the Bank of England's recent hawkish stance.
As market participants await insights from Federal Reserve officials as well as a speech from US President Trump in the Oval Office, attention is heightened. From a technical perspective, the currency pair has entered a supply zone, prompting expectations for a potential reversal and the commencement of a bearish trend.
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GBPUSD: Forecast & Technical Analysis
The recent price action on the GBPUSD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up.
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GBPUSD Is due a correctionThe GBP/USD pair has been in a sustained uptrend for some time, and while I maintain a bullish outlook, a pullback or correction appears likely. Below, I’ve outlined key target levels where I anticipate potential price movements.
I’d love to hear your thoughts—let me know your perspective. If you found this analysis valuable, consider giving it a boost!
eurusd alternative 5 wave outlook buy dips tp 1100🏆 eurusd Market Update / Wednesday
📊 Alternative Technical Outlook
🔸Bullish OUTLOOK
🔸5 waves Bullish Sequence on H12
🔸0230/0530 w1, 0530/0290 w2, 0290/0935 w3
🔸0935/0675 wave 4 pullback now
🔸0675/1100 - final wave 5 pump
🔸Recommend to BUY DIPS 0675/0665
🔸Price Target BULLS: 1100 USD in Wave5
💶📉 EUR/USD Mini Market Recap – March 2025
🔹 🛑 Fed Holds Rates
📉 No rate cut yet, but hints coming soon 🏦📊
🔹 💵 USD Strength Rising
💪 US data strong + tariff optimism = dollar gains 💼📈
🔹 📉 EUR/USD Weakens
⚠️ Testing 1.0798 support, 1.06 may come next 🚨📉
🔹 📊 Key US Data Ahead
🕵️♂️ Core PCE inflation data could move EUR/USD fast 📆📊
🔹 🌐 Trade Tensions Return
🧨 Tariff talk adds pressure to euro and dollar 💣💬