Gbp/Usd

[Muhammadfaizan]

Cable’s stance remains positive and is expected to edge higher in the short-term horizon, in opinion of FX Strategists at UOB Group.

Key Quotes
24-hour view: “We expected GBP to strengthen yesterday but held the view that ‘a break of 1.2540 would come as a surprise’. Our view was not wrong as GBP topped out at 1.2530 even though we did not quite anticipate the swift and sharp drop from the high (low of 1.2458 during NY hours). Upward momentum has eased considerably and GBP has likely moved into a consolidation/correction phase. In other words, GBP is likely to trade sideways to slightly lower for today, expected to be within a 1.2425/1.2505 range.”

Next 1-3 weeks: “We noted yesterday (01 Jul, spot at 1.2385) that the recent weak phase has ended and expected GBP to ‘trade between 1.2280 and 1.2480’. GBP subsequently rose quickly to a high of 1.2490 before ending the day on a firm note at 1.2476 (+0.60%). While upward momentum has improved, it is unclear for now if GBP can continue to march higher. Overall, GBP is expected to trade with an upside bias but at this stage, the prospect for a sustained advance above 1.2580 is not high. On the downside, a break of 1.2355 would indicate that the current upward pressure has eased.”

[Just Chill]

Today Market Anylisiss....

Resistance points and Support points of market goes down.
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit .. Thanksss

[Hafiz Saab]

Today market trend: Bullish

Resistance and Support points are depend on market news

So before trading see indicators and then take a decision for trading

Always keep patience and get a huge profit in your trading

Come in forex trading and become a ßillionaire

[billyboy00007]

Today Market trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

Isliye hum ko sell main trade laga deni chahiye

Good luck everyone

[Royal003]

Today's market trend: Sell

kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down

[Akhterp]

Today Market trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

Isliye hum ko sell main trade laga deni chahiye

[Asifch11223]

Today I research in f orex trading system f orex is the best portal forum in this world.
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Rsi
ZIGZAG
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[Asifch11223]

Today I research in f orex trading system f orex is the best portal forum in this world.
We're we use the some free time and shire posting and make a good bonus .
Dear users I use some best indicators in forex trade.
Rsi
ZIGZAG
Use this and use stop loss and take profit and gain good and huge profit.

[Shahzadahmed148]

we predict future values with technical analysis for wide selection of Forex (Foreign Exchange) pairs like GBP to USD . If you are looking for foreign exchange rates with good return, GBP to USD can be a bad, high-risk 1-year investment option. GBP/USD rate equal to 1.246 at 2020-07-03, but your current investment may be devalued in the future.

[markwins]

today my technical analysis on market trend with this pair.
market trend on BUY
moving average with buy 65%
moving average with SELL35%
Parabolic sar on BUY
SO if we trade buy side then we get sI predict this pair have bullish direction
I suggest to take LONG position today

time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the tradehurely take profit to earn