Forex Signals
GBP/USD Pair Faces Downward Pressure Amidst Rising UK Inflation and US Debt Ceiling Concerns
Bearish View Take Profit : 1.2450 Timeline: 1-2 days Bullish View Buy Stop: 1.2420 Take Profit: 1.2520 Stop Loss: 1.2350 The GBP/USD pair has been experiencing a downward trend, primarily influenced by recent developments in the UK’s consumer price index (CPI) and ongoing concerns regarding the US debt ceiling. The latest CPI data from the […]
read moreBTC/USD – The Risks Are There but Can Expect a Relief Rally for the Pair
Bearish View Sell Stop: 26,900 Take Profit: 25,000 Stop Loss: 29,000 Timeline: 1- 2 days Bullish View Buy stop: 28,200 Take profit: 30,000 Stop loss: 26,000 The concerns surrounding the cryptocurrency world caused a decline to the lowest level since 25th April for the Bitcoin pair. It touched a price of 27,200 which was more […]
read moreGBP/USD – The Bullish momentum seems to be weakening for the Cable Pair
Bearish View Take Profit: 1.2400 Stop Loss: 1.2570 Timeline: 1-2 days Bullish View Buy Stop: 1.2525 Take Profit: 1.2650 Stop Loss: 1.2425 The DXY rising to $101.87 caused a drop to 1.2500 as the cable pair experienced a pullback. The collapse of First Republic Bank following the release of weak US manufacturing output data led […]
read moreEUR/USD – The pair may go to consolidation phase ahead of ECB, Fed decisions
Bullish View Take Profit: 1.1100 Stop Loss: 1.0940 Timeline: 1-2 days Bearish View Sell Stop: 1.0980 Take Profit: 1.0900 Stop Loss: 1.1100 The pair was seen moving sideways on Monday morning as the focus has shifted to ECB and Fed as they are about to release key interest rate decisions during this week. There were […]
read moreGBP/USD Signals & Technical Analysis for Forex Traders
British Pound Rises Ahead of US Economic Data Release: GBP/USD Pair Surges by 1% Amidst Key Housing Numbers Release Short Position Sell Stop: 1.2422 Take Profit: 1.2300 Stop Loss: 1.2550 Long Position Take Profit: 1.2600 Stop Loss: 1.2355 Timeline: 1-2 days The British pound rose against the US dollar ahead of the release of key […]
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