🛠 Technical Analysis: On the H1 chart, GBPUSD remains bullish after a strong impulse move and is now compressing beneath the marked resistance zone around 1.37000. Price is holding inside a rising structure, with the steep trend channel still intact and suggesting continuation if buyers defend the pullbacks. The moving averages are angled higher and sit below price, reinforcing the upward bias. A clean push above the resistance area opens the way toward the next upside target, while a drop back below the consolidation base would signal a deeper retracement into the nearest support zone.
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❗️Trade Parameters (BUY)
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➡️ Entry Point: 1.36872
🎯 Take Profit: 1.37532
🔴 Stop Loss: 1.36438
⚠️ Disclaimer: This is a potential trade idea based on current analysis; market conditions and price direction are subject to change based on news factors and volatility.
———————————————
❗️Trade Parameters (BUY)
———————————————
➡️ Entry Point: 1.36872
🎯 Take Profit: 1.37532
🔴 Stop Loss: 1.36438
⚠️ Disclaimer: This is a potential trade idea based on current analysis; market conditions and price direction are subject to change based on news factors and volatility.
Note
🌍 Fundamental Analysis: GBPUSD is being supported by broader USD weakness, as flows continue to rotate away from the Dollar and into European currencies, keeping the pair bid near recent highs. With the FOMC meeting running Jan 27–28 and the decision due tomorrow, markets are in “wait-and-see” mode; a cautious/dovish tone could extend USD pressure and help GBPUSD break higher. For now, expectations favor holding rates at the current level, so the reaction will likely follow Powell's statements and any changes in the expected trajectory of interest rate cuts. Meanwhile, the pair is holding above 1.3650, but signals are overbought, so intraday volatility and quick corrections are possible in response to the decision.Transaction en cours
Trade fermée: cible de profit atteinte
⚠️ Public market view only. Not financial advice. DYOR and manage your own risk.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
⚠️ Public market view only. Not financial advice. DYOR and manage your own risk.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.