GBP USD Chart - Pound Dollar Rate — TradingView (2024)

GBPUSD continues to form an uptrendDear traders! GBP/USD edged lower on Thursday amid increased USD-inspired buying interest. The mixed technical setup warrants some caution before positioning for deeper losses. Before the weekend as long as the daily close above the 1.2800 mark will set the stage for a further upward move.In the s

GBPUSD recovers from support levelHi everybody!Overall, GBPUSD is still moving above a steady uptrend channel despite yesterday's decline. We expect the recovery to continue with a possible retest of dynamic support for accumulation before distribution.

GBPUSD: Maintain price on TrendlineWhat are your thoughts on GBPUSD today?Looking at the chart, GBPUSD is currently moving along the trendline. Despite yesterday’s significant drop, the outlook still favors the bulls as long as the trendline remains intact.However, keep an eye on the trendline's limits. If the price breaks throug

GBP/USD optimistic above 1.2700Dear traders!GBP/USD retreated from session highs but held above 1.2700 during the European session on Tuesday. The pair's near-term technical outlook highlights a buildup of bearish momentum.In the short term, if momentum sustains above 1.271 then the market will see a recovery but remain capped

GBPUSD: Revolves around 1,270Hello traders! 👋GBP/USD has been trading with a negative bias for the second day in a row this Friday, although it is managing to stay just above the previous day's low. Market Snapshot: Current Range: The pair is moving sideways, oscillating around the 1.2700 level.Weekly Outlook: Despite the

GBPUSD continues to rise!On Wednesday the British Pound (GBP) hovered around 1.2750 against the US Dollar (USD). Despite the release of the UK's Gross Domestic Product (GDP) and monthly Industrial Production data, the currency pair remained largely unaffected.From a technical perspective, GBP/USD continues to trade within

GBPUSD → Negative fundamental backdrop could break the trend FX:GBPUSD is bumping into a strong limit resistance zone lined up by sellers. As the fundamental background changes, the bears are strengthening their positions. An impulsive downward movement is forming in the market The opening session is formed with a gap on D1, in general this is rare in th

GBPUSD -4hrs ( Sell Trade Target Range 180 PIP ) ☑️Pair Name : GBP/USDTime Frame : 4hrs Chart / CloseScale Type : Large Scale------🛡 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasonsWe seek to spread understanding rather than make money⌛ Key Technical / Direction ( S

GBP/USD LONGGBP/USD LONG " break of structure + 72% fib retracement "

GBP/USD: 350 Pips Sell from Third Trend Line BounceGBP/USD is in the midst of a compelling sell-off following its third bounce off a critical descending trend line on the daily chart, reinforcing a strong bearish trend purely through price action. The pair has started its descent from the 1.2850 area and is expected to plummet 350 pips, targeting th