gbp usd

GBP/USD Movement Analysis - Saturday, May 26, 2024



Meri fundamental analysis ke mutabiq, GBP/USD currency pair ka movement future mein phir se 1.2700 ke qareeb girne ka imkaan hai. GBP/USD currency pair mein yeh girawat pound sterling ke exchange rate mein kamzori ki wajah se hai, jo ke UK ke house sales data ke release hone ke baad dekhi gayi. House sales data mein 1.8% ki kami aur UK flash service PMI ka 52.9 par aana bhi is girawat ka sabab bana, jo ke GBP/USD ke movement ko 1.2700 ke qareeb la sakti hai. Pound sterling ki kamzori ke ilawa, US dollar ka exchange rate bhi kaafi mazboot hai Revised UoM Consumer Sentiment ke 69.1 tak barhne aur durable goods orders ke 0.7% barhne ki news ki wajah se, jo ke GBP/USD ko 1.2700 ke qareeb girane ka sabab ban rahi hai. In sab fundametal factors ko madde nazar rakhte hue, maine faisla kiya ke GBP/USD ko SELL karoon aur 1.2700 ke qareeb ka target set karoon.

Agar technical analysis se dekha jaye, toh future movement of GBP/USD kaafi deeply correct hone ka imkaan hai 1.2700 ke price tak. H1 timeframe mein GBP/USD currency pair ka double bearish candle engulfing pattern ban chuka hai, jo ke ek strong signal hai GBP/USD ko 1.2700 tak SELL karne ka. Iske ilawa, Relative Strength Index (RSI) 14 indicator ki visualization se bhi yeh baat saamne aayi hai ke 1.2750 par GBP/USD price overbought ya bohot zyada overbought hai, isliye yeh imkaan hai ke GBP/USD deeply correct ho kar 10-60 pips tak gir jaye Monday ko. SELL GBP/USD signal ko SNR aur Fibonacci methods se bhi support milti hai kyunki jab GBP/USD price 1.2740 par aayi, toh woh already SBR area mein thi, isliye Monday ko GBP/USD kaafi deeply correct ho kar 1.2700 tak gir sakti hai. Aaj meri technical analysis ke results ke mutabiq, maine faisla kiya ke GBP/USD ko SELL karoon aur 1.2700 ka target set karoon future mein.

Warohmatullahi wabarokatuh, forum friends jahan bhi hain, umeed hai sab ko hamesha sehat milay aur unki sari activities smoothly chalti rahin. Yeh ehsaas nahi hua ke Saturday ho gaya hai, forex market band ho chuki hai, apki trading kaise rahi doston, is hafte ka profit target tak pohocha ya nahi? Jo bhi nateeja ho, hosla rakhein aur koshish karte rahin. Post shuru karne se pehle main apne forum friends ka shukriya ada karna chahoon ga jo ke responses aur input diye hain jo maine apne journal mein share kiye hain, umeed hai yeh sab ke liye zyada knowledge provide kar sake.Aaj main GBPUSD currency pair ke movement ke development ke baare mein baat karoon ga. Pichle din maine prediction ki thi ke yeh pair bearish move karega lekin meri prediction galat sabit hui, price ne support level one ko jo ke 1.2671 pe tha, break karne mein naakam raha aur uske baad price takreeban 70 pips upar chala gaya. Agle Monday ko GBPUSD pair kaise move karega, kya yeh dobara upar jayega ya neeche ayega isko dekhne ke liye hum GBPUSD TF H1 chart ko analyze karte hain. Neeche GBPUSD TF H1 chart diya gaya hai jahan hum support aur resistance levels dekh sakte hain jo trading mein take profit, stop loss place karne, entry points aur price reversal points jaanne mein madadgar hain. Yeh support aur resistance levels kuch is tarah hain:

Resistance 3: 1.2830
Resistance 2: 1.2769
Resistance 1: 1.2732
Pivot point: 1.2708
Support 1: 1.2671
Support 2: 1.2647
Support 3: 1.2586

GBP/USD ANALYSIS 26 MAY 2024

Is haftay ke trading session mein, GBPUSD currency pair ab bhi buyers ke asar mein lagta hai, jo keemat ko bullish harkat mein le ja raha hai, walaikum assalam. Lekin seller jo keemat ko neeche le jane ki koshish kar rahe hain, unka kuch asar nahi ho raha hai. Ab candlestick ruk gaya hai aur phir se bullish rukh mein ja sakta hai. Agla qeemat ka aana jaana mumkin hai ke 1.2785 ke darje tak izafa ho sakta hai. Khareedne ki dilchaspi asal mein qabz mein hai kyun ke seller ki fauj nayakaar hone ki koshish kar rahi hai, magar girawat ke trend ko jaari nahi rakh sakti. Magar ulta bhi ho sakta hai, yani ke keemat ka girawat ke rukh mein ho aur mojooda keemat ke ilaqe ko chhor de.

Agar is haftay ke movement ki tarteeb dekhein, toh nazar aata hai ke GBPUSD currency pair most likely pehle se bani hui upar ki trend ko jaari rakhay ga kyun ke khareedne ki fauj ka dabaav ab bhi kaafi mazboot hai keemat ko aur zyada oopar le jane ke liye, pehle se bani hui qeemat tak aur shayad naye buland qeemat ke darjaat banaye jaayein. Agar hum Lime Line ke maqam ki taraf dekhein Relative Strength Index indicator par jo ke 50 ke darje ke upar hai, yeh ishara hai ke trend ek bullish fazilay mein hai. Khareedne ki fauj agle haftay bhi market ko qaboo mein rakhegi. Lekin 1.2760 ke darje ko torne ki zaroorat hai. Mumkin hai ke keemat ka izafa hona muntazir hai taake agle haftay tak is bullish rukh mein jaari reh sake.

GBP/USD ANALYSIS 26 MAY 2024
GBP/USD ke market ko discuss karna wajib hai kyunki iske price movement mein achhi dynamics nazar aati hai, trend hamesha upar neeche chalta hai aur Friday ke market opening par bhi price barhta hai, halankeh pehle se hi sellers ki taraf se dabao mila tha. H4 timeframe ki technical analysis ke mutabiq, yahan se yeh dekha ja sakta hai ke market conditions abhi bhi MA 50 ke dawar mein hain aur is haftay top resistance ki taraf ja raha hai. Daily candle ka band hone par lagta hai ke GBP/USD buyers ki taraf se sabse zyada push mili hai, kyunke market ek bullish candle ke saath band hui hai. Is tarah se, phir se barhne ka mauka hai. Iske alawa, support area abhi tak tooti nahi hai. Yeh tend hai ke wo abhi tak buy entry support ke upar nach raha hai, jo trading ke liye agle Monday ka acha mashwara hai, dost.

Technical Reference: Jab tak 1.27540 ke neeche hai, sell karein
Resistance 1: 1.27540
Resistance 2: 1.27665
Support 1: 1.26895
Support 2: 1.26765

GBP/USD ko raat ko girne ka mauka hai kyunke Bearish divergence pattern ka ubhar hai, yeh pattern tab hota hai jab price chart ek higher high position mein hota hai, jabki indicator ek lower high position mein hota hai. Yeh graph aam tor par ek trend ka ishara samjha jata hai jo ulta palat jayega, upar se neeche ki taraf.

Ek ghante ka chart analysis ke mutabiq, upar di gayi 15 minute ki chart par, GBP/USD bhi girne ka mauka dikhata hai kyunke OSMA par histogram ab negative area mein majbooti se hai. Yeh 1.2695 ke support level ki taraf GBP/USD ko le jane ka mauka hai.

GBP/USD ka price action ka tajziya humaray dialogue ka markaz raha hai. Instrument ke directional inclination ko madde nazar rakhtay hue, bullish movement ne bearish pe fauqiyat hasil ki hai. Aanay wale trading din ke liye anticipated ranges mein sell zone 1.2727 aur buy zone 1.2846 se 1.2968 ke darmiyan rahi hai. Filhal, GBP/USD ka technical price 1.2738 par hai, jo sector ke lower border ke qareeb hover kar raha hai. Pichle Jumay ko kai dafaa penetrations ke bawajood, sellers ne price ko significantly lower push nahi kiya. Retest ka imkan raha hai, lekin significant downward movement na mumkin lagti thi. 1.2683 level lambe arsay se aik rebound zone raha hai, jo limited downside potential ko zahir karta hai.

Monday ke liye, hamari primary strategy 1.2725 mark ke ird gird ghumi hai. Aik breach below ne selling ko prompt kiya, jo 1.2683 ko target kar raha tha. Agar price 1.2725 ke upar rahi, to risky buying opportunities mojud rahi hain. Immediate target 1.2782 tha, aur aagay ka upside potential market dynamics par munhasir tha.

Aik breach above 1.2782 ne buyer sentiment ko mazid mazboot banaya, jo upper range boundary 1.2848 tak mazeed gains ko lead kar sakta tha. Tuesday ko significant market catalysts ke absence mein, cautious trading advisable thi. Jumay ke close ke baad, buyers ko slight advantage mila tha, halan ke bears ne M15 chart par control barqarar rakha. Magar agar buyers ne 1.2764/1.2682 resistance zone ke upar dominance establish ki, to downward momentum kam ho sakta tha, jo potential return to higher levels ko signal kar sakta tha. Immediate support 1.2748 ke ird gird thi, aur mazid downside contingent thi sustained bearish pressure par. Aik breach below 1.2747 decline ko extend kar sakti thi towards 1.2714 aur 1.2694 levels. Southern bias ko validate karne ke liye, sellers ko prices ko 1.2658 level tak drive karna chahiye tha; us waqt tak, outlook uncertain raha.

Yeh GBP/USD currency pair ka chart hai H4 (4-hour) timeframe par. Yeh analysis chart ke elements ko dekh kar kiya gaya hai:

Trendlines: Ek ascending trendline hai jo May ke aaghaz se shuru hoti hai aur higher lows ko connect karti hai, jo upward trend ko indicate karti hai. Ek aur trendline recent higher highs ko connect karti hai, jo ek wedge pattern banati hai.

Support aur Resistance Levels: Resistance Levels: Chart ek key resistance level 1.27925 par dikhata hai. Price ne recently is level ko touch kiya, jo yeh indicate karta hai ke yeh further upward movement ke liye ek significant barrier hai. Support Levels: Key support levels 1.27588 aur 1.26330 ke aas paas hain. Price ne in levels ko multiple times test kiya hai, jo inki importance ko show karta hai.

Moving Averages: Chart par do moving averages plot ki gayi hain: ek shorter-term (shayad 50-period) aur ek longer-term (mumkin hai 200-period). Price is waqt dono moving averages ke upar hai, jo aam tor par bullish trend ko indicate karta hai.

Price Action: Price ek ascending wedge pattern ke andar trade kar rahi hai. Recently, price ne lower trendline se bounce back kiya aur resistance level 1.27925 ki taraf move hui.

Potential Scenarios: Bullish Scenario: Agar price resistance level 1.27925 ke upar break karti hai, to yeh bullish trend ke continuation ko indicate kar sakti hai. Traders higher levels ko target karte hue long positions dekh sakte hain recent high ke beyond.

Bearish Scenario: Agar price resistance ko break karne mein fail hoti hai aur reverse hoti hai, to yeh support levels 1.27588 aur 1.26330 ki taraf ja sakti hai. In support levels ke neeche break hone se potential bearish reversal ho sakta hai.

Key Points to Monitor: Breakout of the Wedge: Yeh dekhna zaroori hai ke decisive breakout resistance level ke upar hota hai ya wedge pattern ke support level ke neeche. Volume aur Momentum Indicators: Yeh additional confirmation provide kar sakte hain breakout direction ke liye.

Trading Strategy: Long Positions ke liye: Consider karen ke confirmed breakout par 1.27925 ke upar enter karen, higher resistance levels ko target karte hue aur stop-loss recent swing lows ke neeche rakhen. Short Positions ke liye: Consider karen ke resistance level se reversal signal par enter karen, support levels 1.27588 aur 1.26330 ko target karte hue aur stop-loss recent highs ke upar rakhen.

Traders ko economic data releases aur news events par nazar rakhni chahiye jo GBP/USD pair ko impact kar sakti hain, kyunki yeh market sentiment ko influence kar sakti hain aur volatile price movements ko lead kar sakti hain.

Meri fundamental analysis ke mutabiq, GBP/USD currency pair ka movement future mein phir se 1.2700 ke qareeb girne ka imkaan hai. GBP/USD currency pair mein yeh girawat pound sterling ke exchange rate mein kamzori ki wajah se hai, jo ke UK ke house sales data ke release hone ke baad dekhi gayi. House sales data mein 1.8% ki kami aur UK flash service PMI ka 52.9 par aana bhi is girawat ka sabab bana, jo ke GBP/USD ke movement ko 1.2700 ke qareeb la sakti hai. Pound sterling ki kamzori ke ilawa, US dollar ka exchange rate bhi kaafi mazboot hai Revised UoM Consumer Sentiment ke 69.1 tak barhne aur durable goods orders ke 0.7% barhne ki news ki wajah se, jo ke GBP/USD ko 1.2700 ke qareeb girane ka sabab ban rahi hai. In sab fundametal factors ko madde nazar rakhte hue, maine faisla kiya ke GBP/USD ko SELL karoon aur 1.2700 ke qareeb ka target set karoon.Agar technical analysis se dekha jaye, toh future movement of GBP/USD kaafi deeply correct hone ka imkaan hai 1.2700 ke price tak. H1 timeframe mein GBP/USD currency pair ka double bearish candle engulfing pattern ban chuka hai, jo ke ek strong signal hai GBP/USD ko 1.2700 tak SELL karne ka. Iske ilawa, Relative Strength Index (RSI) 14 indicator ki visualization se bhi yeh baat saamne aayi hai ke 1.2750 par GBP/USD price overbought ya bohot zyada overbought hai, isliye yeh imkaan hai ke GBP/USD deeply correct ho kar 10-60 pips tak gir jaye Monday ko. SELL GBP/USD signal ko SNR aur Fibonacci methods se bhi support milti hai kyunki jab GBP/USD price 1.2740 par aayi, toh woh already SBR area mein thi, isliye Monday ko GBP/USD kaafi deeply correct ho kar 1.2700 tak gir sakti hai. Aaj meri technical analysis ke results ke mutabiq, maine faisla kiya ke GBP/USD ko SELL karoon aur 1.2700 ka target set karoon future mein.

GBPUSD H1
Abhi ke liye, maine apne bearish scenario ko nahi chhodne ka faisla kiya hai jo maine GBPUSD ke liye banaya tha aur uspar yaqeen rakha tha. Aaj mujhe sales mein dilchaspi hai, lekin yeh is baat par depend karega ke hum un levels tak pohonchte hain ya nahi. 1.2760 - 1.2775 ek sell zone hai, iska matlab yahan currency pair ki purchases nahi ho sakti. Saath hi, humein 1.2720 ke area mein support hai, to humein price reaction dekhna hoga. General mein, main sales ke baare mein aapse agree karta hoon, magar samajhne ke sath ke trading narrow range mein ho rahi hai. Ek quick shot is range se bahar aane wala hai, lekin kis direction mein hoga, sirf guess kar sakte hain.

GBPUSD H4

Pichle trading week ke end par, GBPUSD pair ke buyers ne initiative apne haath mein le liya tha, aur growth ke natije mein humne resistance level 1.2709 ko break karke upar consolidate kar liya, aur growth aur breakdown ke dauran volumes kaafi high aur steadily increasing the , jo yeh indicate karta hai ke large buyers aur positions mein entry kar rahe hain. Aur 1.2709 ke level ke upar consolidation ka fact British pound ke further strengthening ke liye bohot achi prospects open karta hai. General mein, meri priority buying mein rahti hai, isliye aaj main expect karunga ke GBP/USD pair pichle Friday ko shuru hui growth ko continue karegi, nearest resistance level 1.2799 tak pohonchne ke targets ke saath, jahan main phir se carefully sales enter karne ki koshish karunga. Historical price behavior ko dekhte hue, current market conditions ko dekh kar lagta hai ke 1.2784 ke beyond move daily range limitations se constrained ho sakti hai. Isliye, yeh level immediate bearish move ke liye floor ke tor pe dekha jaa raha hai.

Pound Sterling, US Dollar Ke Muqable Mein Quwat Dikha Raha Hai, 1.2710 Level Ko Par Kar Ke, Jab Ke Market Ke Shirkat Daron Ne UK Ke Mahangi Data Ka Nashr Halaal Karne Ka Intezaar Kar Rahe Hain. Analysts April Ke Liye Mahangi Daro Mein Nafi Mein Numaindagi Ki Bari Umeed Rakhte Hain, Jo Aane Wale Iqtisadi Ishaare Ke Irtiqa Ke Darmiyan Intezar Mein Izafa Karta Hai. UK Ki Mahangi Dar Mein Tasalsul Ka Mansooba Mukhtalif Factors Ki Wajah Se Huwa Hai, Jo Pound Ke Haal Ki Mazboot Kar Amal Par Asar Dal Raha Hai. Yeh Intezar Market Ke Jazbat Ko Shakal Deta Hai, Aur Shirkat Daron Ke Idaaron Ko Aage Aane Wale Data Ka Ijlaas Karne Ke Liye Amal Mein Le Jata Hai. Isi Waqt, Federal Reserve Ke Afkaar Daar Munafaqeen Ne Buland Satah Ke Mudarabaat Daron Ko Barqarar Rakhne Ki Manzoori Jari Rakhi Hai. Buland Satah Ke Mudarabaat Daron Par Yeh Iqrar Umumi Iqtisadi Nazriyat Ko Asar Andaz Banane Ka Kaam Kar Raha Hai Aur Mudra Market Ko Mutassir Kar Raha Hai, Khaaskar GBP/USD Exchange Rate Par.
4 Ghantay Ka Trading Diagram Bhi Bullish Signal De Raha Hai Jab Ke Relative Strength Index 70.00 Ke Nishaan Se Uper Ki Parhai Kar Raha Hai. Yahan, Takneeki Tarteebaten Aane Wale Trading Muddaton Mein Izafa Ko Support Karti Hain. Keemat 1.2725 Ke Daira Tak Tarse Gi. Is Level Se Uper, Keemat 1.2770 Ke Daira Par Hamla Kare Gi. Is Level Par Yeh Ma'loom Hota Hai Ke Agar Bullon Ko Qeemat Ko Uper Ki Taraf Rakhna Asaan Ho, To 1.2830 Ko Nishana Bana Liya Jaye Ga. Magar, Agar Keemat Uper Na Uthe Aur Nafrat Ki Bajaye Giraye, To Jora Nuksan 1.2660 Ke Daira Tak Barhaye Ga. Is Level Ke Niche Kamyab Giravat Jora Ko 1.2600 Ke Gol Mark Tak Le Jaye Gi, Aur Mumkin Hai, 1.2569 Ke Daira Par. Aane Wale Muddaton Mein Kaise Hota Hai, Dekhte Hain. Shirkat Daron Ko Kamyabi Ki Duaein!

GBP/USD Current Resistance and Support Analysis

The GBP/USD currency pair is currently navigating a critical phase where resistance and support levels significantly influence its future direction. Presently, the price is near important resistance levels, shaping market sentiment and trader behavior.
Key Resistance Levels

1. Daily Pivot Level (1.2750):
   • This level has consistently acted as a strong resistance barrier. In recent sessions, attempts to break above this pivot have faced substantial selling pressure. This suggests traders are hesitant to push prices higher without clear bullish signals.
2. Weekly Pivot Level (1.2650):
   • Serving as another formidable resistance point, the weekly pivot is a critical threshold. The price tests these levels with caution, influenced by traders' sentiment and market conditions.

Significant Support Levels

1. Support Level (1.2710):
   • Acting as a crucial support, this level has provided a safety net during recent declines. Maintaining the price above this level could facilitate potential rebounds, providing a stable base for upward movements.

Technical Indicators and Their Insights

1. Relative Strength Index (RSI):
   • Positioned near the neutral 50 level, the RSI suggests no immediate overbought or oversold conditions, aligning with the observed sideways trend. This neutrality indicates that significant price movement will likely depend on breaking established resistance levels or external catalysts.
2. Zigzag Indicator:
   • This indicator outlines recent price peaks and troughs, confirming the pair's oscillation within a defined range and highlighting the potential for continued consolidation.
3. Moving Averages (50-day EMA):
   • Acting as dynamic support and resistance levels, moving averages provide insights into the strength of the prevailing trend. The current price's relationship with these averages helps in assessing market direction.
4. Bollinger Bands:
   • Showing a narrowing pattern, Bollinger Bands often indicate reduced volatility and the potential for a breakout in either direction. This squeeze suggests traders should prepare for a significant price move.
5. Demand Index:
   • Measuring buying and selling pressure, the Demand Index shows a slight buying inclination, though not strong enough to decisively break resistance levels.
6. Stochastic Oscillator:
   • Approaching oversold territory, the Stochastic Oscillator points to a potential reversal. This signal is crucial for traders anticipating shifts in market momentum
7. Average True Range (ATR):
   • Indicating market volatility, the ATR remains relatively subdued, suggesting a period of low volatility before a new trend direction is established.
8. Trading Strategy and Outlook
9. Given the current technical landscape, traders should closely monitor the following:
10. Resistance Levels: Watch the 1.2750 and 1.2650 levels for any breakout attempts. Successful breaches could signal strong upward movements.
11. Support Levels: Maintain vigilance on the 1.2710 support level. A hold above this level could provide a base for potential rebounds.
12. Technical Indicators: Use RSI, Zigzag, Moving Averages, Bollinger Bands, Demand Index, Stochastic Oscillator, and ATR to gauge market conditions and potential reversals.

1. Conclusion
2. The GBP/USD pair remains in a tight range around key levels, influenced by significant resistance and support thresholds. While a breakout above 1.2750 or below 1.2650 could indicate a decisive move, the current market conditions favor short-term trading strategies. Traders should prepare for ongoing volatility and manage their expectations for long-term movements, utilizing technical indicators to guide their decisions.

Daily Timeframe Outlook for GBP/USD


The GBP/USD currency pair has been displaying unusual behavior, showing a decline since the market opened, whereas the EUR/USD has been on an upward trend. This divergence between the two currency pairs, which typically share some correlation, might correct itself by the end of the day.

Current Market Behavior and Potential Movements


Despite the current decline, I believe that the exit from the sideways movement will likely be upward. The bearish trend seems to have exhausted its momentum, indicating that there might be an upcoming bullish movement.
Key Resistance and Support Levels

• Main Resistance Level: 1.2794
• Current Key Support Level: 1.2663
• Lower Support Levels: 1.2450 and 1.2332

Forecast and Trading Strategy

Bullish Scenario










If the market moves upward, it is advisable to monitor the main resistance level at 1.2794. This level is not expected to be the end of the upward movement, but rather a critical point to watch. If GBP/USD rises into a higher range and strengthens at the current level, it is likely to continue moving north.

Bearish Scenario


If the price reaches the resistance level of 1.2794 and fails to break through, traders should be prepared for a potential reversal. In such a case, it would be wise to switch to a selling strategy. The initial target for the downward movement would be the support level at 1.2663. Should the bearish trend continue, the next targets would be the lower support levels at 1.2450 and then 1.2332.

Conclusion


The GBP/USD pair is currently in a state of flux, showing a decline despite the EUR/USD's growth. However, the expectation is that the market will eventually break out of its sideways movement in an upward direction. Traders should keep an eye on the key resistance level at 1.2794 for potential bullish movement, but also be prepared to switch to a bearish strategy if the price fails to break this level and reverses. Monitoring these key levels and being adaptable to the market's movements will be crucial for successful trading.

GBP-USD PAIR ANALYSIS
Pichle haftay ki movement se yeh nazar aata hai ke GBPUSD currency pair ki halat aik bar phir khareedari ke lashkar ke asar mein hai jo keemat ko bullish movement ke saath aage badhne ka samna karwata hai, halankay range ab bhi tang hai. Mere khayal mein, mojooda izafa lambay arsay ke liye mumkin hai kyunke rozana ka timeframe ke trend phir se bullish hone ki shuruaat kar raha hai. Mazeed keemat ke harkat ki koi mumkinat itni keemat tak jari rehne ki mumkinat hai, kam az kam takay yeh 1.2800 ke keemat ke had tak pohanche. Lekin, yeh mumkinat ko na khatam karte hain ke ulta halat ho, yani ke keemat ki harkat neeche mud jati hai aur 1.2700 ke keemat ke bohot door tak gir jati hai. Yeh dekha ja sakta hai ke Relative Strength Index indicator par Lime Line jo ke 50 ke level se oopar phir se uth sakta hai.

Aap dekh sakte hain ke MACD indicator par histogram ki bar ka maqam kaafi chhota hai, zero level ke upar uthne ki koshish kar raha hai, ishara deta hai ke market phir se bullish raaste par chal raha hai. Mojudah shara't par se, agle keemat ki harkat ko phir se upar jana ki ummed hai. Khareedne walon ki fauj zyadatar tor par market ko control karte rahenge. Lekin phir bhi level 1.2770 ko pehle toorna hoga. Keemat ke bullish trend ki taraf jari harkat ke liye mumkin hai. Agar bechne walay zyada dabao na dalein, to ek bullish trend shayad haftay ke ant tak jari rahe. Ab behtar hai agar hum keemat ki harkat ko maqsad ke ilaake tak pohanchne ka intezar karein taake trading position ka faisla karen.

GBP/ USD: Technical and Fundamental Analysis.

Hum GBP/USD currency pair ki price action ka jaiza le rahe hain. Guzishta haftay ki GBP/USD price movements ko dekhain to 1.2705 ke qareeb mazboot support nazar aayi hai jo ke prices ko neeche girne se rok raha hai, aur mutawatar rebound hota hai upside ki taraf. Halanki resistance level wazeh nahi hai, lekin hum isay maximum 1.2803 pe consider karte hain. Ek downward move bhi tha jo 1.2704 support se break karke 1.2687 tak gaya, jo ke 118-point range banata hai 1.2685-1.2806 ke andar, jo ke is pair ke liye patli range hai. Meri trading strategy short-term trades par focus karti hai kyun ke koi aur significant markers nahi mile. Baghair kisi shak ke main ascending channel ke bawajood, recent trading activity sideways lagti hai, jo ke mukhtalif dawayon ke khilaf hai. Markets khulne par mein actual movements ka jaiza loonga, aur speculative predictions se parheiz karoonga. Yeh currency pair solid bullish market mein hai bawajood ke England mein siyasi instability hai. Dollar index bhi bullish move mein kamzori dikhata hai, is liye is currency pair ko kharidna behtareen hai. Market overlook bhi mojooda price outlook pe substantial hai, is liye kisi sell trade entry se parheiz karein.


GBP/USD pair ko monitor karte hue, yeh 1.2734 pe close hui hai. MACD ek bullish trend ko indicate karta hai, jabke price momentum mazeed upward movement suggest karta hai. Stochastic indicators bhi buying opportunities ko signal kar rahe hain. Yeh anticipate karte hain ke yeh 1.2805 ki taraf move karegi, jahan pehle resistance ko test aur Price Action analysis ke zariye confirm kiya gaya tha. Economic calendar updates ke bawajood, broader perspective mutawaqqa hai. 1.28 ko test karna mukhtasir raha, aur humare volatile pair ka trading range narrow hai. Hum ek catalyst ka intezar kar rahe hain jo is sideways momentum ko break karke ek strong trend ko initiate kare. Iske ilawa, Fibonacci grid bhi 100-161.8 range ke andar potential advantages suggest karta hai.

GBP/USD MARKET ANALYSIS 03 JUNE 2024.
GbpUsd market pair jo ke last Friday ko trade kiya gaya tha, wo abhi bhi buyers ke zariye dominate kiya ja raha tha, pehle price ko sellers ne bearish tarike se neeche laya tha lekin buyers ne support area mein 1.2705-1.2700 ke price par price ko suppress kar ke rakha tha jo buyers ko control mein rakha aur phir zyada buying pressure exert karke price ko reverse kar ke bullish bana diya.


Bollinger Bands indicator ko Daily timeframe par use karke dekh sakte hain ke price dobara Middle Bollinger Bands area ke upar reh raha hai, jo ke buyer ki position ko zyada profitable banata hai jab GbpUsd market pair mein trading hoti hai. Iske ilawa, bullish Doji candle ka zahir hona bhi ye indication deta hai ke buying pressure abhi bhi bearish pressure se zyada dominant hai. Buyers khud bhi koshish karte rahenge ke GbpUsd pair ki price ko aur bhi upar le jayein, agla target Upper Bollinger bands area ko reach aur test karne ka hai jo 1.2585-1.2580 ke price par hai aur wahan bhi sellers ke liye ek strong supply resistance area hai.

Aaj subah Monday ke trading mein buyers ne sellers par apni dominance banaye rakhi hai, jo ke bade market mein enter karke kiya gaya taake wo price ko bullish tarike se upar le kar ja sakein, qareebi target sellers resistance area ko breakout karne ka hai jo ke 1.2763-1.2760 ke price par abhi bhi strong hai. Agar yeh validly penetrate ho gaya, to higher bullishness ka mauka khul jayega, agla target next seller supply resistance area 1.2795-1.2800 ke price par hai.

RSI indicator bhi ye dikhata hai ke price jo pehle 60 level area mein tha, wo ab 63 level area ki taraf move kar gaya hai, jo yeh indicate karta hai ke buyers ka buying pressure market se support le raha hai jo prices ko aaj ke trading mein 75 RSI level area ki taraf le jaana chahta hai.

Conclusion:

Sell entries tab ban sakti hain agar seller support area ko penetrate karne mein kamyab ho jata hai 1.2705-1.2700 ke price par, TP area 1.2660-1.2650 par ho sakta hai.

Buy entry tab ban sakti hain agar buyer resistance area ko break karne mein kamyab ho jaye aur pending buy stop order ko 1.2760-1.2765 ke price par place karein, TP target 1.2795-1.2800 par ho sakta hai.

GBP/ USD Price Action

Meri analysis GBP/USD currency pair ki movement par hai. British pound ke technical analysis ka aghaz market sentiment ko dekh kar karte hain. Buyers aur sellers ka percentage observe karte huye, hum dekhte hain ke 67 percent sellers hain aur 33 percent buyers hain. Is ke bawajood, aik aham player ab bhi bullish lagta hai, jo ke price ko upar kheenchne aur bear-stop losses ko trigger karne ka irada rakhta hai. Sunday ke technical analysis me hourly chart par, price ne ascending channel ke peak se retreat kiya aur aik significant red zone me dakhil hui. Ek retest moving average (MA) support ke around 1.2674 ki umeed hai, jahan se break niche hota hai toh mid-trend level ke near black line 1.2585 par test ho sakta hai. Oscillator overbought conditions ko indicate kar raha hai, jab ke histogram positive zone me hai jo downtrend continuation ka signal de raha hai. Jab hum naye hafte ka opening intezar kar rahe hain, ek move upward price ko upper Bollinger band test karte hue dekh sakti hai, uske baad potentially reverse downward ho sakta hai.



Conversely, downward move price ko wapas MA aur Bollinger band pair ke around 1.2635/50 region tak le ja sakti hai, jahan se aage ka direction likely hoga. Agar price decline hoti hai toh target lower Bollinger band 1.2437 par hoga. Diagonal lines medium-term trading range ko weekly chart me delineate karte hain. Hal hi me 1.2810 ke test ke baad humne aik significant decline dekha, jo scalping enthusiasts ke liye opportunities faraham karta hai. Agle paanch dinon me is crucial level ke break hone par aik zyada pronounced trend ka aghaz ho sakta hai. Iske ilawa, economic calendar events, khaaskar UK aur USA ke three-star updates ko monitor karna valuable insights de sakta hai fundamental factors ke bare me.