𝐆𝐁𝐏/𝐔𝐒𝐃

**GBP/USD Analysis 10 July 2024**

**Daily Timeframe**

Hum mukhtalif conditions ko dekh rahe hain taake reentry buy opportunities dhoondh saken, jo ke price increase ke ongoing dominance ko madde nazar rakhtay hue kiya ja raha hai. Price ne top Bollinger band ke upar close kiya hai, jo ke uptrend ke potential ko indicate karta hai. Hum ummeed karte hain ke price 5/10 low moving average area ko test karegi, jo ke 1.27366 se 1.27664 ke aas-paas hai, jahan se further increases ka faida utha sakte hain. Is waqt ke market conditions mein, relevant supporting factors ke liye intezar karna hoga taake available opportunities ko exploit kiya ja sake. Price decline ka potential targets ki taraf dekha ja sakta hai jaise ke 5/10 low moving average ya phir middle Bollinger band line jo ke ideal correction zone ban sakta hai. Lekin, humari nazar strong sell candlestick banne ke potential par hai jo trend change to bearish ka signal de sakta hai. Is movement ka faida uthane se pehle larger time frame par confirmation zaroori hai. Zero loss zone setup bhi is view ko support karta hai kyunki sab parameters EMA50 ke upar hain. Yeh analysis relative strength index par bhi reinforce hoti hai jo indicate karta hai ke price abhi neutral area mein correction ke liye jagah rakhti hai.

**H4 Hour**

Hum abhi bhi confirmation ka intezar kar rahe hain taake agle price movement ke direction ko determine kiya ja sake. Filhal, price middle Bollinger band line ke neeche hai ya strong sell candlestick direction ban gaya hai, jo ke larger time frame par strong buy momentum ko indicate karta hai. Lekin, downward correction ke potential ko bhi nazar andaz nahi kiya ja sakta kyunki price consolidation process se guzar rahi hai jo ke correction opportunity build kar raha hai. Hum ummeed karte hain ke price jaldi se middle Bollinger band line ko cross karegi aur strong buy candlestick signal provide karegi. Re-entry buy ke liye best momentum tab nazar aayega jab price EMA50 aur low Bollinger band ko reach karegi, jahan se hum future price movements ke direction ko clear boundaries set kar sakte hain. Is position ka strategic use karte hue, controlled risks ko calculate karke potential profits ko optimize kiya ja sakta hai. Meanwhile, relative strength index indicator abhi bhi neutral area mein stable movement dikhata hai, jo ke market ko further consolidate karne ki zarurat ko indicate karta hai taake momentum aur potential saturation ko evaluate kiya ja sake.

**British Pound (GBP) Aur US Dollar (USD) Ka Tajziya 10 July 2024**

British Pound (GBP) ne haal hi mein North American trading session ke doran US Dollar (USD) ke muqablay mein halka sa girawat dekhi, jab Federal Reserve Chair Jerome Powell ne US Senate Banking Committee ke samne gawahi di. Ye losses choti si thi, lagbhag 0.10%, aur 1.2800 mark se neeche gir gayi. Yeh GBP/USD trend mein ek potential shift ka ishaara ho sakta hai. GBP bulls ke liye achi baat yeh hai ke overall uptrend technically intact hai. Lekin, Monday ke trading activity mein ek technical chart pattern "shooting star" ban gaya, jo ke ek possible downward movement ka ishaara karta hai agar prices July 8th ke low 1.2785 se neeche girti hain. Jabke technical momentum indicators, jaise ke Relative Strength Index (RSI), filhal buyers ko support karte hain, RSI thoda kamzor hota dikh raha hai. Agar daily close July 8th ke low se neeche hota hai, to yeh charts par bearish "evening star" pattern ko solidify karega, jo GBP ke liye aur losses trigger kar sakta hai. Agar yeh scenario samne aata hai, to Pound ke liye pehla defense zone 1.2750/75 ke aas-paas hoga. Is level ko breach karne par GBP April 9th ke high 1.2709 ki taraf gir sakta hai, aur eventually psychologically important 1.2700 level ko challenge kar sakta hai.

Dusri taraf, agar buyers 1.2800 level ko defend kar lete hain, to yeh uptrend ke resume hone ka signal ho sakta hai. Initial upside targets July 8th ke high 1.2845 aur June 12th ke high 1.2860 honge. In hurdles ko overcome karne se year-to-date high 1.2900 ko test karne ka raasta khul sakta hai. Lekin, overly optimistic GBP bulls ke liye caution zaroori hai. Currency pair ek trading range ke kareeb aa raha hai jo pichle saal resistance ke roop mein tha, isliye traders ko potential headwinds ka dhyan rakhna chahiye. Agar uptrend continue hoti hai aur recent resistance zone 1.2816 se 1.2859 ke beech break hota hai, jo ke 3-month highs aur December 2023 high se defined hai, to yeh 2024 high 1.2892 ko challenge karne ka raasta khol sakta hai. Successful breakout ke baad yeh July 2023 resistance level 1.2994 ko bhi test kar sakta hai. Downside scenario dekhte hue, April ka resistance level 1.2708 pehla defense line ban sakta hai agar prices girti hain. Further losses ko June aur March ke lows ke support zone 1.2620-1.2598 se cushion kiya ja sakta hai. Sabse bura scenario mein, February ka low 1.2517 kuch downside protection provide kar sakta hai.

**GBP/USD H-4 Analysis 10 July 2024**

Aapko salam, Cardinal! Kal GBP/USD currency pair ne 1.2777 ke support level ko test kiya. Yeh abhi clear nahi hai ke price bounce back karegi ya is support ko todte hue niche jaayegi. Four-hour chart par dekha jaa sakta hai ke price ne na sirf 1.2803 par channel ki upper border ko test kiya, balki isse upar bhi chali gayi. Iske baad, uptrend ne downtrend mein tabdeel ho gaya aur price ne southern correction shuru ki. Ab main ummed karta hoon ke price moving average line tak girti hai, jo ke 1.2718 par hai. Lekin, abhi bhi 1.2733 par support maujood hai. Main isay monitor karunga. Agar yeh support break hota hai, to agle support level 1.2709 par dhyan dein. In levels se rebound hone par, GBP/USD ko buy kar sakte hain, jiska goal growth aur highs ko update karna ho sakta hai, jo ke 1.2845 aur usse upar 1.2900 tak ho sakta hai.

**GBP/USD H-1 Analysis 10 July 2024**

Hello, Tatyana. Jab mein yeh likh raha hoon, GBP/USD pair H1 chart par 1.27863 par flat hai. Instaforex indicator forum par pehle section mein longing aur shorts ka balance dikhata hai, jisme shorts 50.08% hain. Dusre section mein, indicator short-term southward trend ko dikhata hai. Aaj pair humein kya surprises dega? Foggy Albion mein koi important aur interesting news ki ummed nahi hai. Lekin, United States se news hai: Federal Reserve Chair Powell ka speech aur crude oil reserves. Yeh news itni garam nahi hai, khaaskar Powell ke speech ke baad jo kisi major change ka sabab nahi bana. Isliye hum technical analysis par focus karenge, aur phir fundamentals par. Choti si baat yeh hai ke mujhe lagta hai ke pair south ward correction karke 1.2765 tak jaayegi, aur phir northward turn hote hue 1.2880 tak pohnch sakti hai. Sabko happy hunting ki dua!

British Pound (GBP) ne recent North American trading session mein US Dollar (USD) ke muqablay mein thoda sa girawat dekha, jo Federal Reserve Chair Jerome Powell ke US Senate Banking Committee ke samne gawaahi ke sath coincide hua. Yeh girawat chhoti thi, lagbhag 0.10%, jo 1.2800 ke mark se thoda niche gaya. Yeh ek potential trend shift ka sign ho sakta hai GBP/USD ke liye. GBP bulls ke liye achi baat yeh hai ke overall uptrend ab bhi technically intact hai. Lekin, ek technical chart pattern "shooting star" ne Monday ke trading activity mein ubhar kar downward movement ka hint diya hai agar prices July 8 ke low 1.2785 se niche girti hain. Jab ke technical momentum indicators, jaise ke Relative Strength Index (RSI), filhal buyers ko favor kar rahe hain, RSI ke thoda girne se strength kam hoti nazar aa rahi hai. Agar daily close July 8 ke low se niche hota hai, to bearish "evening star" pattern charts par solidify ho jayega, jo GBP ke liye aur bhi losses trigger kar sakta hai. Agar yeh scenario develop hota hai, to Pound ke liye pehla defense level 1.2750/75 ke aas-paas ka support zone hoga. Is level ko breach karne se GBP April 9 ke high 1.2709 tak gir sakta hai, jo eventually psychologically important 1.2700 level ko challenge karega.

Dusri taraf, agar buyers 1.2800 level ko defend kar lete hain, to yeh uptrend ka resume hone ka signal ho sakta hai. Initial upside targets July 8 ke high 1.2845 aur June 12 ke high 1.2860 honge. In hurdles ko overcome karne se 2024 ke high ke near 1.2900 ko test karne ka raasta clear ho sakta hai. Lekin, overly optimistic GBP bulls ke liye caution ki zaroorat hai. Currency pair ek trading range ke paas aa raha hai jo pichle saal resistance ke tor par kaam kiya, traders ko potential headwinds ke liye cautious rehna chahiye. Agar uptrend continue hota hai aur recent resistance zone 1.2816 aur 1.2859 ke beech break hota hai, jo 3-month highs aur December 2023 ke high se define hai, to yeh 2024 ke high 1.2892 ko challenge karne ka darwaza khol sakta hai. Agar yeh area successfully break hota hai, to July 2023 ke resistance level 1.2994 ko bhi test kiya ja sakta hai. Downside scenario dekhte hue, April ka resistance level 1.2708 pehla line of defense ban sakta hai agar prices girti hain. Further losses June aur March ke lows se form hone wale support zone 1.2620-1.2598 se cushion ho sakte hain. Worst-case scenario mein, February ka low 1.2517 kuch downside protection provide kar sakta hai.

GBP/USD TF H4 - Aaj raat GBP/USD pair trading ke doran, aisa lag raha hai ke price psychological level 1.2800 ko break karne ki koshish kar rahi hai. Agar price ne is psychological level ko validly break kar diya, to further decline ke liye potential ab bhi kaafi khula hai. Bollinger Bands indicator (period 24) ki conditions abhi bhi kaafi wide nazar aa rahi hain, jo trading volatility ke high hone ka indication hai.

Trend direction Simple Moving Average (SMA) indicator (period 50) aur Simple Moving Average (SMA) (period 120) se bullish signal mil raha hai, jo hum dekh sakte hain ke price dono SMAs ke upar trade kar rahi hai. RSI indicator (period 5) ki conditions ke mutabiq, RSI line level 30 ko break kar rahi hai, jo yeh batata hai ke trading conditions Oversold zone mein hain.

Trading Plan ~ USD Index trading data ke base par, main SBR test results ka intezar karunga level 105.10 par, jo ke mere GBP/USD Pair trade analysis ke liye support banega. Apni agle trading plan ke liye, sab possibilities ko dekhne aur consider karne ke baad, main GBP/USD mein Entry Buy ke liye momentum ka intezar karunga. Umeed hai ke aaj raat ki price decline psychological level 1.2750 tak pahunch sakti hai, aur shayad RBS Support level 1.2739 tak bhi pahunch sakti hai, jahan se Entry Buy open kar sakte hain.

Kal ke trading mein, maine psychological level 1.2800 ke area mein cut loss kiya. Iska reason yeh tha ke main ne dekha ke price ka 1.2800 ke psychological level ko break karne ki koshish baar-baar rejection ka saamna kar rahi thi.

GBP/USD ANALYSIS 10 JULY 2024

Kal GBP/USD pair ka movement decline ka shikar raha. Sab se zyada price range 1.2824 thi aur sab se kam price 1.2777 thi. Ab price daily pivot point (1.2795) ke niche hai. 1-hour time frame ka analysis karne se yeh dekha ja sakta hai ke stochastic indicator upar ki taraf jhukh raha hai. Price ab bhi MA 50 ke niche aur MA 200 ke upar hai. Jab price daily pivot point (1.2795) ke niche hai aur stochastic indicator upar ki taraf move kar raha hai, to pivot point ke nazdeek aane ka intezar karein aur sell option ko consider karein, stop loss ko 1.2817 ya resistance 1 (1.2814) ke upar set karein aur take profit 1.2737 ya support 2 (1.2748) ke niche rakhein.

**Technical Reference:**
- Sell as long as below 1.28335
- Resistance 1: 1.28335
- Resistance 2: 1.28220
- Support 1: 1.27750
- Support 2: 1.27650

GBP/USD ki potential hai ke US trading session ke doran aaj raat (9/7/24) girawat dekhne ko mile. Yeh bearish signal hai jo one-hour chart ke price action se mil raha hai, jahan price bullish channel ko breakout kar chuki hai, jo trend ki movement (upar se neeche) mein transition ka signal hai. MACD bhi bearish signal de raha hai kyunki histogram negative area mein hai, jo GBP/USD ke liye bearish signal banata hai.

One-hour chart ke analysis ke mutabiq, 15-minute chart bhi GBP/USD ki potential decline ko dikhata hai, kyunki Moving Average indicator bearish opportunity ko show kar raha hai, jo neeche ki taraf ja raha hai. Yeh GBP/USD ko support level 1.27650 ki taraf push karne ki potential rakhta hai.

GBP/USD Specialized Analysis

Jab price daily pivot position 1.2810 ke nazdeek aur descending red channel ke line ke nazdeek trade kar rahi thi, is haftay upward trend dominant raha. Price channel line tak uchi aur phir niche gir gayi, jahan pivot position par support mila aur channel ko break kiya. Yeh thrusting trend ko control karne ka pehla sign tha. Baad mein, price ne resistances ko break kiya, unka test kiya, aur upar ki taraf chalti rahi. Price ne blue channel line ko bhi break kiya aur niche aakar banate hue upar ki taraf barhne ka signal diya.

Green line jo 1.2830 position ke upar extend ho rahi hai aur 1.2855 daily resistance position tak pohnch gayi hai, is waqt ke liye important hai. Yeh yaad rakhein ke girawat ke chances bhi hain, bright red line jo 1.2765 position ke niche aur daily pivot position tak extend ho rahi hai. Agar price 1.2710 position ko break karti hai aur 1-hour candle uske niche close hoti hai, to yeh prudent hoga ke current position par buy karein, stop loss position 1.2750 par set karein, aur target position 1.2780 rakhein. Agar price 1.2695 position tak girti hai, to wahan bhi buy karne ka chance ho sakta hai. Ek essential script mein, hum price ke rebound hone ka intezar kar sakte hain, jo upward price action banaye, aur 1.2725 ke niche buy kar sakte hain, apna stop loss accordingly set karte hue.

British Pound ne apni initial decline wave complete ki lagti hai. Aaj ke chhote correction ke baad, price ka further downward movement 1.2783 ke niche hone ka potential hai. Pound ki further strengthening ki prospects limited hain due to conflicting underlying factors. Technically, dusre currency pairs ke analysis se, ek reversal pattern suggest karta hai ke broader trend shift ho sakta hai. H1 time frame par significant pullback dekhne ko mila hai, aur agla price direction recent highs ke retest par depend karega. Agar price recent highs ko surpass karti hai, to upward tendency continue ho sakti hai, jo further upward movement ke opportunities de sakti hai. Conversely, agar market weakness dikhati hai aur upward momentum sustain nahi hoti, to yeh 1.2720 ke support level ki taraf reversal ka signal ho sakta hai.

Chart Breakdown: GBP/USD Prices

Filhal GBP/USD currency pair ki price action ko study kiya ja raha hai. Aaj bullish trend-based trajectory ko avoid karte hue minor fluctuations dekhne ko mili hain. Four-hour chart par 1.2794 ka low ke sath ek reversal attempt dekhne ko mil raha hai. Agar price recent peak 1.2843 ko surpass karti hai to trading week ke end tak upward movement ka possibility hai. Yeh zaroori hai ke news updates ko monitor kiya jaye, halankeh recent updates US dollar ke liye unfavorable rahi hain. Agar buyers fail ho jate hain, to symmetrical triangle movement ki taraf reversal ho sakta hai, lekin kai obstacles bhi hain. Multiple accumulations suggest karti hain ke exit tab tak improbable hai jab tak price symmetrical triangle ke andar nahi girti. Bulls market mein strong aur solid hain.

GBP/USD chart ko TF = H1 par examine karte hain. Parabolic indicator jo 1.2810 par hai, chart ke likely direction ko gauge karne mein madad karega. Aakhri candle 1.2803 par close hui thi. Previous candle ka closing price Parabolic indicator ke niche tha, jo selling opportunity suggest karta hai. Mere toolset mein market entry ke liye moving average shamil hai, jo 1.2802 par hai. Jaise ke maine bataya, Masha price ke niche hai, jo potential purchase ka signal hai. Conflicting signals arbitrary trades ko prevent karte hain, jo is waqt ki situation hai. Parabolic curve aur iske points jo consistently price ke nazdeek hain, meri stop ko adjust karte hain, losses ko minimize aur gains ko maximize karte hain. Main daily chart par trade nahi karta, lekin significant money flows ko track karne ke liye review karta hoon. Daily time frame par prices ke likely figures the: candle close at 1.2801, Parabolic indicator at 1.2640, aur MA indicator at 1.2761. Chuki Parabolic aur Moving Average indicators close price ke niche hain, hum hourly signals ke basis par buy karte hain.

Daily Trading Chat On GBP/USD:

Aaj ke D1 period chart ko dobara dekhte hain - GBP/USD trading instrument. Is hafte ki shuruat choti si downward price gap ke sath hui, lekin yeh gap jaldi hi bhar gaya aur price ka growth jaari raha. Pichle hafte is currency pair ki price ne ek powerful upward movement di thi, aur technical picture bhi develop ho rahi thi aur yeh trend abhi bhi inertia ke sath chal raha hai. Wave structure upar ki taraf order banane laga, aur MACD indicator upper purchase zone mein aur apni signal line ke upar barh raha hai.

Lekin, US dollar na sirf pound ke against kamzor hua hai, balki yeh market spectrum ke almost tamam currencies ke against bhi kamzor hua hai. Is hafte growth jaari rahi aur daily chart par yeh clear hai ke price kal ek flat descending line tak pohnchi jo do peechle peaks par bani thi. Naturally, positions uske nazdeek fix ki gayi aur downward rollback hua. Kal is rollback par kuch dozen points bina kisi problem ke kamaye ja sakte the. Abhi bhi continued decline ka high probability hai, kyunki kal ki candle ek reversal ki characteristic hammer ke sath close hui thi, jo pin bar bhi kehlayi jati hai. Sath hi, CCI indicator jo upper overheating zone se neeche jaane ke liye tayar hai. Choti period H4 indicator par bearish divergence bhi dekhne ko mil rahi hai.

Lekin yeh sab kuch ek deception bhi ho sakta hai, kyunki pound aksar traps draw karne ki aadat rakhta hai, aur price ko kal ke maximum se upar bhi le jaa sakta hai. Iske liye zaroori hai ke news important ho jo aise movement ko justify kar sake, aur aaj ka din khaas news se mahrum hai. Aaj ki news mein, 17:00 Moscow time par US Federal Reserve System ke head Powell ka speech hai. Filhal, main zyada tar decrease ki taraf inclined hoon, lekin price abhi tak nahi gir rahi.

GBP/USD pair filhal 1.2780 ke aas-paas cautious stance mein hai, jab ke Asian trading session chal raha hai. Recent price action ne spot prices ko ek mahine ke nayi low ke upar rakha hai, aur traders UK consumer inflation data ke release ka intezar kar rahe hain jo pair ke agle direction ko decide kar sakta hai.

US Dollar ka Asar aur Market Sentiment:

US Dollar ki dheemi performance filhal GBP/USD pair ko support kar rahi hai. Weak US Retail Sales figures ke release ke baad, consumer spending aur Federal Reserve rate cut ki potential ke baare mein concerns dollar par bojh ban gaye hain. Yeh sentiment shift US Treasury yields ke girne se bhi zahir ho raha hai, jo dollar par downward pressure daal raha hai.

Market Expectations aur Strategy:

Market participants UK consumer inflation figures ka ghor se intezar kar rahe hain, jo future positioning in GBP/USD pair ko guide karenge. Traders post-release potential volatility ke liye tayar hain, aur yeh data prevailing economic outlooks ko support ya challenge karne ka potential rakhte hain.

Technical Outlook aur Consolidation Patterns:

Technically, GBP/USD ko 1.2700 level ke aas-paas hurdles ka samna hai, jo 200-hour Exponential Moving Average (EMA) ke neeche hai. Momentum tab se dheema ho gaya hai jab se pair ne 1.2819 ke nazdeek ek recent peak reach kiya, aur bidding momentum 50-hour EMA ke aas-paas 1.2744 se constrained lag raha hai. Agar support kamzor hota hai, to bids 1.2651 ke taraf retreat kar sakte hain, jo current consolidation phase ko reflect karta hai.

Pair ko 20-day EMA par 1.2788 par support mil raha hai, jo 200-day EMA ke critical level 1.2701 ke upar hai. Lekin, 1.2800 ke upar ek notable resistance zone hai jo bullish momentum ke liye ek significant barrier ban raha hai. Agar upward pressure sustain nahi hota, to GBP/USD phir se saal ke shuru ke lows ke aas-paas 1.2300 ko revisit kar sakta hai.

GBP/USD pair, jo British Pound aur US Dollar ke beech exchange rate ko represent karta hai, forex market mein sab se zyada actively traded pairs mein se ek hai. Yeh pair UK aur US dono ke economic, political, aur financial factors se heavily influence hota hai. Is particular trading week ke shuruat par, market sentiment British Pound ke haq mein nazar aayi, jahan kuch underlying factors ne buyers ki confidence aur subsequent control ko contribute kiya. Favorable economic data ke ilawa, UK ke political landscape ne bhi market sentiment ko shape karne mein role play kiya. Brexit negotiations, government policies mein changes, ya key political figures ke statements currency markets par substantial impact daal sakte hain. Is dauran, political environment relatively stable tha, jahan koi major disruptions ya uncertainties British Pound ko negatively affect nahi kar rahi thi. Yeh stability overall bullish sentiment ko contribute kar rahi thi aur buyers ki efforts ko support kar rahi thi taake price ko 1.2670 level ki taraf push kiya ja sake.

Dusri taraf, US Dollar ki performance ne bhi GBP/USD pair ko influence kiya. Tab ke waqt, US Dollar kuch weakness experience kar raha tha jiska sabab tha lower-than-expected economic growth, inflation ke concerns, aur Federal Reserve ke monetary policy stance. Fed ka dovish approach, interest rate hikes par cautious outlook ke saath, US Dollar ko softer bana raha tha. Dollar ki relative weakness ne GBP/USD market mein buyers ko additional impetus diya, kyunke isne British Pound ko comparison mein zyada attractive bana diya.

Forecast banate waqt, ek equally important task yeh bhi hai ke sab se profitable point ko determine kiya jaye transaction close karne ke liye. Is purpose ke liye, hum current extreme points ke base par ek Fibonacci grid construct karenge aur position exit karne ke liye nearest correctional Fibo levels par focus karenge. Presented chart par dekhne se, pehli degree ki regression line (golden dotted line) jo instrument ke direction aur current trend ke state ko H4 time-frame mein show kar rahi hai, upward direction mein 30% se zyada angle par hai, jo dominant trend movement ko north side ki taraf emphasize kar rahi hai. Nonlinear regression channel, jo chart par dikhayi gayi hai, ne ek bend complete kar liya hai, golden line of upward trend ko niche se upar ki taraf cross kiya hai, aur ab upward direction mein hai. Price ne red resistance line of the linear regression channel 2nd LevelResLine ko cross kiya, magar 1.27880 ki maximum quote value par pahunch kar growth ko stop kiya aur steadily decline shuru kiya. Abhi instrument 1.26815 price level par trade kar raha hai. Sab kuch dekhte hue, main expect karta hoon ke market price quotes wapas aayenge aur niche consolidate karenge.

Jaise jaise trading week aage barhta hai, GBP/USD pair key technical levels ko navigate kar raha hai, jab ke economic events ka backdrop bhi significant hai. Filhal, currency pair 1.2780 ke aas-paas girta rahe hai, aur ek pivotal period ka saamna kar raha hai, jahan US holiday aur crucial UK inflation update release ke liye intezaar hai. Is hafte ko eventful hone ka waada hai, shuruat Bank of England ke rate decision aur Monetary Policy Report se London market session ke dauran hoti hai.

GBP/USD ke Fundamentals:

Immediate technical outlook ke ilawa, market sentiment kaafi had tak aane wale economic data releases par depend karta hai. UK's Consumer Price Index (CPI) inflation report khas taur par important hai, jo inflationary pressures aur BoE ke future monetary policy decisions par potential implications offer karta hai. Is ke ilawa, UK Retail Sales aur Purchasing Managers Index (PMI) figures bhi schedule hain, jo US PMIs ke sath week ke baad aayenge. In outcomes aur market interpretations ke hisaab se GBP/USD mein volatility barh sakti hai.

Daily Time Frame Technical Outlook:

GBP/USD ke technical landscape mein recent indecision ke bawajood resilience nazar aati hai. Daily candles abhi bhi 50-day Exponential Moving Average (EMA) ke upar support pa rahi hain, jo 1.2675 ke aas-paas hai, aur short-term mein bullish undercurrent ko indicate karta hai. Magar, upside potential ko 1.2800 ke mark ke aas-paas strong resistance se cap kiya gaya hai, jo 200-day EMA se reinforce hota hai jo 1.2585 par hai. Yeh dichotomy market mein buyers aur sellers ke beech current tug-of-war ko highlight karti hai.

1.2700 ke niche breach hone par critical support levels expose ho sakte hain. May 3 ki high, jo ab support ban chuki hai, aur 50-day Moving Average (DMA) jo 1.2681 par hai, yeh initial hurdles present karte hain. Deeper declines 100-DMA ke aas-paas 1.2653 ko target kar sakti hain, uske baad psychological level 1.2600 aur 200-DMA jo 1.2574 par hai. Yeh levels traders ke liye potential buying opportunities ya further bearish momentum ke indications dekhne ke liye closely monitored honge.

GBP/USD H-4:

Ham dekh rahe hain ke Bulls ne phir se pound/dollar currency pair par initiative grab kar liya hai. Kyunke jagged indicator chaar ghante ke chart par mark nahi hua, isliye ye nahi keh sakte ke correction complete hui hai. Ab Bulls ne phir se pound ki price ko uttar ki taraf shift kar diya hai. June ke shuru se is saal ke is pair ka sabse zyada value 1.2820 tak pahuncha tha, lekin mujhe lagta hai ke price ab sabse zyada 1.2845 tak pahunch sakti hai, aur resistance 1.2860 aur June 12 ka maximum value update karne ki ummeed hai.

Jab tak Jerome Powell ki speech 10 minute ki thi, yeh situation kaafi realistic hai. Unhone apne saathiyon ke bayan ko rad nahi kiya aur US Federal Reserve system ne monthly reduction rate kam karne ka irada zahir kiya hai. Kuch log keh rahe hain ke yeh sirf is saal ke aakhri quarter mein mumkin hai. Agar Powell isse confirm karte hain, toh US dollar aur bhi kamzor ho sakta hai, aur phir technical layout bhi align hoga.

In sab cheezon ko madde nazar rakhtay hue, GBP/USD ka rise jaari rahega, jaise mere screen screenshot mein dikhaya gaya hai.

GBP/USD H-1:

GBP/USD par main US dollar ke buyer se mutmain hoon. Hello, Igor, aapne British currency se kaafi profits hasil kiye hain. Haan, bear team kuch pressure apply kar rahi hai aur couple ki price 1.2800 ke niche hai. Magar dive nahi hui. Bulls ab bhi strong hain. Lekin, mujhe lagta hai ke dollar ki strength market response ko south ki taraf le jayegi. Mere business ka minimum goal lagbhag 1.2660 hai. Lekin yeh sirf minimum hai. Main 1.2550 dekhne ko bhi tayyar hoon aur wahan purchase accumulate karunga. Of course, yeh 1.2300 tak bhi ja sakta hai, lekin yeh behtar hoga kyunki autumn ke dauran mere hisaab se maximum attack 1.3142 tak ho sakta hai. Khair, dekhna padega.

GBP/USD ne Tuesday ko 1.2800 ke critical support level ke niche girne ke baad nayi pressure ka saamna kiya. Ye girawat UK Office for National Statistics (ONS) ke latest data release ke baad aayi, jisne May ke liye price pressures mein kami confirm ki.

Bank of England ki Policy Decision par Nazar

Aage dekhte hue, investors Bank of England (BoE) ki agle monetary policy decision ka intezaar kar rahe hain, jo Thursday ko announce kiya jayega. Interest rate ko 5.25% par stable rehne ki ummeed hai, market ki nazar policymakers ke vote split aur future rate adjustments ke naye indications par hogi.

Global Markets Mein Mixed Sentiment

Tuesday ko market sentiment mixed raha, domestic economic indicators aur global influences ke beech focus shift hota raha. Federal Reserve ke officials ne caution ka izhaar kiya, inflation ke cool hone ke liye zyada evidence dekhne ki zaroorat ki baat ki, tab tak interest rates ke decisions par koi action nahi hoga.

GBP/USD Technical Outlook

Technically, agar pair apni decline ko 1.2800 ke niche continue karta hai, to pehle support level ke roop mein 1.2784 ka saamna kar sakta hai. Agar girawat aage badhti hai, to 100-day moving average jo 1.2761 par hai, wo target ho sakta hai, iske baad 1.2700 ka psychological level aayega. Wahi agar price 1.2730 ke upar rebound karti hai, to upward move ki potential 1.2800 tak ho sakti hai.

Halaanki recent downturn ke bawajood, pair ne 1.2700 ke mark ke upar thoda recovery kiya, UK service inflation figures ki resilience se support milta hai. Pair 20-day Exponential Moving Average (EMA) 1.2787 ke kareeb approach kar rahi hai, jo tentative support ko indicate karti hai, despite uncertain short-term trends. Notably, 50-day EMA jo 1.2745 par hai, wo GBP bulls ke liye ek critical support level ban chuki hai.

GBP/USD pair is Tuesday ko US Dollar ke muqable mein halki movements dekh raha hai, jo UK ke relatively quiet calendar ke beech ek cautious sentiment ko reflect karta hai. Latest update ke mutabiq, pair 1.2790 par trade kar raha hai, jo pehle ke levels se 0.11% ka modest decline hai.

US Economic Indicators ki Intizaar:

American markets ke full operations resume hone ke sath, market ki nazar agle US unemployment Claims data par hai jo June ke end ke hafte ke liye release hone wala hai. Analysts ko thodi improvement ki ummeed hai, forecast ke mutabiq naye jobless claims 235K tak kam ho sakte hain, halanke ye recent four-week average 227K se ab bhi upar hai.

Bank of England ki Policy Decision:

Is dauran, Bank of England (BoE) apni policy decision ke liye tayyari kar raha hai jo Thursday ko announce ki jayegi. Ye widely expected hai ke central bank current interest rate ko 5.25% par barqarar rakhega. Ye decision tab aayega jab yeh ummeed hai ke Monetary Policy Committee (MPC) ke saat members rates ko steady rakhne ke hafaz honge. Halanke, do members quarter-point rate cut ke haq mein bhi vote kar sakte hain, jo recent voting patterns ke sath consistent hai.

H1 Chart Technical Outlook for GBP/USD:

Technically, GBP/USD pair ne ek brief uptrend dekha, jo 1.2844 par peak tak gaya, lekin iske baad 50 pips se zyada retrace kiya. Is retracement ne pair ko ek support trendline ke neeche gira diya jo May ke lows se originate hoti hai, aur ab 1.27880 ke aas-paas hai. Relative Strength Index (RSI) jo 50 mark ke upar favorable momentum ko suggest karta hai, ke bawajood pair key psychological level 1.2800 ke upar apne gains ko sustain nahi kar paya.

1.2789 tak dip hone ke baad, GBP/USD pair ne resilience ke signs dikhaye aur modestly rebound kiya. Lekin, ye ab bhi ek significant resistance-turned-support trendline ke neeche hai, jo prices par potential downward pressure ko signal karta hai. RSI indicator sellers ke beech balanced sentiment ko indicate karta hai, jo cautious trading environment ko underscore karta hai.