Jump to content

GBPUSD long term

Recommended Posts

1 minute ago, hsat said:

Hey guys, what are the thoughts on GBPUSD. I see a long term buy on Tradingview. 

Hi @hsat

Welcome to the IG community.

What type of trader are you? Scalper, day trader, swing trader, position trader, algorithmic trader or event-driven trader ?

If you don't mind, please share your routine when it comes to your trading analysis. Share your GBPUSD chart. Thanks.


All the best - MongiIG

Link to comment
7 minutes ago, hsat said:

what are the thoughts on GBPUSD

GBP/USD moves up after losses

After reversing for three days the GBP/USD price has edged up, but short-term decline remains in place.

A reversal back above $1.362 would mark a short-term break to the upside, targeting the previous lower highs at $1.366 and $1.368. Further declines would bring $1.358 into view, and potentially mark a continuation of the downtrend seen since the end of last week.

GBP/USD chartSource: ProRealTime
Chris Beauchamp | Chief Market Analyst, London | Publication date: Wednesday 19 January 2022. IG
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 03/10/22 07:08
  • Posts

    • We have brought to a close the month of September and in turn the third quarter of the year. Moving into the new week, month and quarter; sentiment will be particularly sensitive with the course of monetary policy tightening meeting a swell in recession risk. If any of sparks from financial stability catch, our course can worsen materially.    
    • On this episode of Engineering the Trade, Jermal Chandler and Julia Spina take a look at the changes a midterm election brings to markets and discuss how a few of the 11 S&P 500 sectors might be affected.      
    • The Nikkei was one of the few risers in Asia overnight, as the first day of the final quarter of the year got off to a decidedly mixed start. Chinese markets are off for Golden Week, removing these markets for the time being, and South Korea also had a national holiday today. Oil prices surged on reports that OPEC was considering a cut to output this week that might be as big as one million barrels per day, once again raising the spectre of a sustained rise in energy costs and an associated impact on inflation, just as oil had fallen to its lowest level since the beginning of the year. The pound staged an impressive rally to start the week following news that the UK government would cancel plans to scrap the 45p tax rate, a week after sterling fell to its lowest-ever level against the dollar. Futures point towards a muted start to the week, after a miserable end to Q4 for equities.   
  • Create New...