GBPUSD it market resistance breakout Bearish go to target 13200British Pound / U.S. Dollar forum
GBPUSD it market resistance breakout Bearish go to target 13200
GBPUSD Me personally - I am looking to sell one more time to the Daily 50%
GBPUSD GBP/USD Slides with Fiscal Worries
GBP/USD edged lower toward 1.3625 in Asian trading, pressured by a sharp selloff in UK government bonds and growing fiscal concerns.
Gilts suffered their biggest drop since October 2022 after the government’s decision to cut welfare benefits and mounting doubts over the Chancellor’s political future.
Marc Chandler, Chief Market Strategist at Bannockburn Global Forex LLC, noted: “The drop isn’t limited to the British Pound, UK gilts are also under heavy selling. It seems to be a broader crisis of confidence in the Labour government.”
Resistance is at 1.3675, while support holds at 1.3570.
GBPUSD in a buy position 🙂↔️🤑💙
GBPUSD Entry: around 1.36460 / 1.36490 ✅Take Profit 1: 1.36565 ✅
Take Profit 2: 1.36650 ✅
Last Target: 1.36745 ✅
Stop Loss: 1.36350 ❌
TECHNICALLY ANALYSIS SATUP
FALLOW RISK MANAGEMENT ✅
GBPUSD Moving in an uptrend line, DXY continues to put downward pressure
GBPUSD With that being said, don’t buy this pair, stay as far away as possible if you’re looking for buy entries 💀GBPUSD The bullish trend is still intact—nothing has changed. This pair may be the weakest among the majors, but as long as DXY remains under pressure, we should see a gradual climb toward 1.40
GBPUSD GBP has no shame. keeps trying to go up and upGBPUSD The bulls in GBPUSD don’t just run they charge