gbp/usd

### GBP/USD Analysis July 16, 2024

Pichle hafte se market ka halat aisa raha hai ke niche jane ki koshish ki gayi, magar sellers se support nahi mili, is liye price sirf 1.2960 area tak gir payi. Meri raaye mein, GBP/USD pair ke bullish hone ki mumkinat ab bhi bearish hone se zyada hai. Graph se nazar aata hai ke pichle hafte ki trading ke baad price journey ab bhi bullish zone mein hai. Lagta hai ke is hafte ki girawat zyada nahi hai, lekin raat ke waqt ki tarah upar ki taraf chalne ki ummeed ab bhi hai. Yeh signal ho sakta hai jo aaj ke market journey ka benchmark ban sakta hai, aur uptrend ke liye ab bhi ek chance hai.

Is mahine mein dekha gaya hai ke buyers ka control price ko 1.2924 price zone se upar le ja sakta hai. Candlestick journey ke mutabiq, market ke paas ab bhi upar jane ka mauka hai. Lagta hai ke market trend halki downward correction se guzar raha hai. Lekin, hume kuch confirmation chahiye jo market ke direction ko support kare, kyunke bade time frame trend ab bhi uptrend dikhata hai. Pichle hafte ke price increase ke hisaab se, stability ab bhi bani hui hai. Yeh stochastic indicator 5,3,3 ke signal trend ke mutabiq hai jo 80 zone ko touch kar raha hai, jo market mein buyer control ko indicate karta hai.

Maine observe kiya hai ke price ab bhi 1.2964 area ke qareeb chal rahi hai, aur mahine ke lowest position se increase hui hai. Agar buyer simple moving average zone of period 100 ke upar stability bana sakta hai, to aaj GBP/USD pair ke liye upar jane ka mauka ab bhi hai. Meri prediction hai ke price 1.3008 zone tak pohnch sakti hai. Current market situation ko dekhte hue, lagta hai ke price simple moving average zone of period 100 se door ho sakti hai.

### Technical Reference:
- **Sell**: 1.29770 ke neeche
- **Resistance 1**: 1.29770
- **Resistance 2**: 1.29885
- **Support 1**: 1.29360
- **Support 2**: 1.29250

GBP/USD European trading session (16/7/24) ke doran gir sakta hai. One-hour chart par price ne bullish structure ko breakout kiya hai, jo movement trend ke change ka signal hai (up se down). MACD bhi bearish potential dikhata hai kyunke histogram negative area mein hai, jo GBP/USD ke liye bearish signal hai.

15 M chart ke analysis ke mutabiq, GBP/USD mein decline ka potential hai kyunke current strong support area sellers ke control mein hai. Agar yeh scenario sahi hota hai, to GBP/USD support level 1.29250 ki taraf push ho sakta hai.

GBP/USD ne Monday ko apni positive trading resume ki. Halankeh pound din ke akhir mein upar nahi gaya, lekin pair ne koi significant pullback bhi nahi diya. Din ke pehle half mein pound thoda niche jane ki koshish kar raha tha, lekin agar market isay kharidna jaari rakhe, to yeh kahan jayega? Monday ko market ke paas pair ko kharidne ka koi wajah nahi tha. Magar market ko kaafi waqt se wajah aur grounds ki zaroorat nahi hai. Pound sterling kuch din se barh raha hai, Bank of England ke rate cut ke expectation aur UK mein inflation ke central bank ke target level tak girne ke bawajood.

Lekin market ko is sab se koi farq nahi padta. Local upward trend jaari hai, jo rising trend line se sabit hota hai. Doosra point jo banaya gaya hai, wo flat ka point hai, na ke koi extreme. Agar pound bina kisi wajah ke bhi kharida ja raha hai, to yeh jab tak chaahe barh sakta hai.

5-minute timeframe par price 1.2980-1.2993 area mein wapas aayi hai. Yeh mark nahi tod payi, lekin iski koi khas baat nahi jab agla important level ya area par chadha jaata hai. Market in resistances ko corrections ya rollbacks ke liye bhi nahi dekh rahi. Isliye, achi possibility hai ke pound continue karein barhna, jab yeh is area ko tod dega.

**Trading Tips for Tuesday:**
Hourly chart par GBP/USD downtrend banane ke promising signs dikha raha hai, lekin iska matlab yeh nahi ke pair upward trend nahi bana sakti. Pair dobara barh rahi hai aur overall, yeh erratic aur illogical movements dikhati hai. Abhi ke liye, pound sterling apne latest local high ko surpass kar chuki hai aur fundamental backdrop ko ignore kar rahi hai. Lekin, economic reports pound ko support kar rahe hain.

Tuesday ko, agar pound 1.2980-1.2993 ko nahi todti, to yeh dheere dheere 1.2913 level ki taraf gir sakta hai. Magar, hum sharp decline ki ummeed nahi rakhte, jab tak pound trend line ko breach nahi karti. Aur agar yeh hota bhi hai, to shayad poori tarah se nahi hoga. Yeh recent months mein kam se kam paanch baar aisa hota raha hai.

5M chart ke key levels hain: 1.2457, 1.2502, 1.2541-1.2547, 1.2605-1.2633, 1.2684-1.2693, 1.2748, 1.2791-1.2798, 1.2848-1.2860, 1.2913, 1.2980. UK economic calendar abhi practically barren hai. Kal ek Bank of England official ne speech di aur kaha ke key rate ko lower karna chahiye, lekin isse market par koi effect nahi pada. U.S. docket par retail sales report aayegi, jo greenback ki girawat ko nahi rokegi.

GBP/USD Price Action Recap

Hamari guftagu GBP/USD currency pair ke price action par markaz hai. GBP/USD pair apni bullish momentum ko continue kar raha hai, 1.2999 mark tak barh gaya hai aur lagbhag ek saal ke highest level par trade kar raha hai. Risk-on sentiment ke behtar hone ki wajah se US dollar ko Thursday ke consumer price index ke baad demand nahi mili, jo ke pair ko support kar raha hai. 4-hour price chart par Relative Strength Index thoda 60 se upar hai, jo overbought condition ko darshata hai. Ascending regression channel ki upper boundary, jo late April se chal rahi hai, 1.2969 par ek key resistance bana rahi hai, jo ke 1.2999 aur 1.3039 tak reach kar sakti hai. Dusri taraf, pehla support 1.2899 par hai, iske baad 1.2849-1.2859 aur 1.2819 levels hain. Niche correction ke expected hone ke bawajood, main sell karne ka plan bana raha hoon.

Agar agle hafte koi pullback nahi hota, to GBP/USD currency pair current levels se 179-219 points tak growth dikha sakta hai, phir decline ko attempt kar sakta hai. Halankeh tab tak British pound ke kamzor hone ya girne ke koi bhi signs nahi hain, jo ke upward trend ke continuation ko suggest karta hai, aur yeh resistance level 1.3159 tak bhi reach kar sakta hai. In prices par buying utni profitable nahi hai kyunki substantial rise ho chuki hai, lekin trend ke according trading karna zyada safer aur profitable hai. Pair July 2023 ke highs ke paas trade kar raha hai, jahan se bearish trend-based pullback kabhi bhi shuru ho sakta hai. Phir bhi, upward trend ko follow karna aur current prices se sales karna behtar hai. Agla hafta zyada enjoyable ho sakta hai. Trend ke continuation ke saath corrective week bhi ho sakta hai.

British pound lately US dollar ke khilaf thodi rollercoaster ride par raha hai. Jab pound ne psychologically important 1.3000 level ke qareeb surge kiya, to GBP/USD pair ne Monday ko ek snag face kiya aur thoda pull back kiya. Lagta hai currency markets thodi der ke liye dollar selling se break le rahi hain aur situation ko dobara assess kar rahi hain.

Is reevaluation ka ek key factor yeh hai ke Federal Reserve ke September mein interest rates cut karne ki sambhavnayein hain. Fed aajkal kaafi discussion mein hai, Chair Jerome Powell aur doosre officials ne inflation ke maamle mein progress ko acknowledge kiya hai, lekin future rate cuts ke liye koi clear timeline nahi di. Fed se is lack of clear guidance ne market participants ko apni expectations par dubara sochne par majboor kiya hai.

Pehle traders kaafi sure the ke Fed September mein 25 basis points rate cut karega. Lekin Fed ke recent comments ne is certainty ko thoda doubt mein daal diya hai. Is dauran, US economic data par dhyan bana hua hai, last week ke numbers ek dheemi economy ka picture de rahe hain - ek trend jo continue hone ki ummeed hai, agar June ke flat retail sales ke forecasts sahi hote hain.

Lekin is hafte sirf US hi nahi, UK bhi busy data calendar ke saath hai, jahan Wednesday ko latest inflation figures, Thursday ko employment/wage data aur Friday ko retail sales release hongi. Ye sab closely watched hoga, khaaskar GBP/USD ke recent momentum ke Monday ko stall hone ke baad, jo late June ke lows se strong run ke baad aaya.

Toh, pair ab ek crossroads par hai. Aage ka raasta in upcoming data releases aur Fed ke monetary policy plans par depend karega. Tayyar ho jayein - GBP/USD ke liye agle dino aur hafton mein ek aur wild ride ho sakti hai!

Hello, kaise hain aap? GBP/USD Tuesday ke Asian session ke dauran 1.2960 ke aas-paas trade kar raha tha, jo ke previous session mein 13-month high 1.2995 se thoda kam hai. British pound ke further appreciate hone ke chances hain kyunki investors UK markets ko US markets se zyada attractive investment destination samajh rahe hain. 4-hour chart par Relative Strength Index ab bhi 70 ke upar hai, jo ke GBP/USD ke bullish rehne ka signal hai. Technically, pair overbought hai. Upper limit of ascending regression channel jo late April se hai, wo 1.3000 par key resistance hai. Jab tak yeh level hold karta hai, buyers sideline par reh sakte hain aur extended correction ka intezaar kar sakte hain.

Niche ke taraf, 1.2950 (static level) transitional support ke tor par hai, iske baad 1.2900 (psychological level, static level) aur 1.2830 (ascending channel ka midpoint) aate hain. Agar GBP/USD 1.3000 ke upar rise kar leta hai aur wahan stabilize hota hai, to 1.3040 (static level since July 2023) next resistance ke tor par dekhne ko mil sakta hai, phir 1.3100 (psychological level, static level) aayega. GBP/USD ne second week ke liye 1% se zyada gain kiya aur Monday ko 1.3000 ke neeche consolidation phase mein hai. Pair ke technical indicators ab bhi overbought conditions dikhate hain, jab markets Federal Reserve Chairman Jerome Powell ki speech ka intezaar kar rahe hain jo Economic Club of Washington mein di jayegi.

Pichle hafte mein US dollar par broad-based selling pressure ne GBP/USD ke rally ko fuel kiya. June ke inflation data ki ummeed ne September mein Fed rate cut ke expectations ko barha diya aur US dollar ko apne rivals ke muqablay mein kamzor kar diya. CME FedWatch tool ke mutabiq, September mein Fed ke policy rates ko unchanged rakhne ke chances ab 6% se kam hain. US economic calendar par Monday ko high-impact macroeconomic data releases nahi hain. Tuesday ko US retail sales data aur Wednesday ko UK inflation data key releases hain. In data releases ke pehle, Fed Chairman Powell ki remarks ko closely monitor kiya jayega. Agar Powell soft inflation data ko acknowledge karte hain aur dovish tone adopt karte hain, to USD pressure mein reh sakta hai aur market participants ke expectations multiple rate cuts ke liye ho sakte hain, lekin market positioning suggest karti hai ke September rate cut almost fully priced in hai. Dusri taraf, agar Powell data-driven outlook ko reiterate karte hain aur inflation ke latest decline ko kam karte hain, to USD strength gather kar sakta hai aur GBP/USD ko neeche le ja sakta hai.

GBP/USD H1 timeframe ke perspective se ek profitable long position kholne ke liye hum teeno indicators - HamaSystem, RSI Trend, aur Magnetic_Levels_Color - ka istemal karenge, jo humein sabse behtareen prices par long positions open karne ka mauka denge. Market mein achi profit position hasil karne ke liye sabse pehle yeh zaroori hai ke hum kuch important conditions ko check karein.

Sabse pehle, higher timeframe H4 par current trend ko sahi se determine karna zaroori hai taake market sentiment ko galat na assess kiya jaye, jo financial losses ka sabab ban sakta hai. Iske liye, hum apne instrument ka 4-hour timeframe ka chart study karenge aur dekhenge ke key condition ko meet karta hai ya nahi - H1 aur H4 timeframes par trend movements ka ek hi direction mein hona zaroori hai. Pehle rule ko verify karke hum ensure kar sakte hain ke aaj market humein buy trade enter karne ka ek behtareen mauka de rahi hai. Aage ke analysis mein hum indicators ke signals par rely karenge.

GBP/USD weekly chart par, local support level 1.26154 se bounce hone ke baad price ne reverse ho kar confidently upside ki taraf move kiya, aur resistance level 1.27399 ke upar ek full bullish candle form ki jo asaani se break ho gayi aur firmly close ho gayi. Current scenario ke madde nazar, main puri tarah se ye maan raha hoon ke northward movement agle hafte bhi continue rahegi, aur is case mein, main focus karunga resistance level 1.28604 ya 1.28938 ko hold karne par. In resistance levels ke aas-paas do scenarios ban sakte hain.

Pehla scenario yeh hai ke price in levels ke upar consolidate kare aur further upwards move kare. Agar yeh plan execute hota hai, to main anticipate karunga ke price resistance level 1.29956 ki taraf advance karegi. Is resistance level par, main ek trading setup ka intezaar karunga jo agle trading direction ko determine karne mein madad karega.

GBP/USD Price Movement Signals

GBP/USD currency pair filhal ek dynamic market landscape mein navigate kar raha hai, jo investors ke liye kai trading opportunities paida kar raha hai. Recent analysis ke mutabiq, exchange rate mazeed strengthen hone ke liye tayyar hai, lekin market ke is evolving environment mein trading decisions guide karne ke liye kuch key levels aur technical indicators par nazar rakhna zaroori hai.

### Current Market Overview

Is waqt, GBP/USD pair bullish momentum dikha raha hai, jo ke UK se positive economic data aur generally weaker US dollar ki combination se influence ho raha hai. UK ki GDP growth aur employment rates jese factors investor confidence ko pound ke liye barhawa de rahe hain. Is ke muqablay mein, US dollar interest rate policies aur potential economic slowdowns ke ongoing discussions se pressure mein hai, jo GBP/USD pair ke liye favorable backdrop create kar raha hai.

### Key Levels to Watch

Effective trading strategies ke liye kuch critical levels ko closely monitor karna zaroori hai:

1. **Support Level**: Immediate support level 1.2600 ke aas-paas hai. Ye level historically ek strong base provide karta hai. Agar price is threshold ke niche sustained dip karti hai, to yeh bearish reversal ka signal ho sakta hai aur traders ko apne positions dobara assess karna par sakta hai.

2. **Resistance Level**: Key resistance level approximately 1.2750 par hai. Ye zone upward movement ke liye ek significant barrier bana hua hai. Agar price is level ko break karti hai, to is se increased buying activity trigger ho sakti hai aur pair 1.2800 psychological level ki taraf move kar sakta hai.

3. **Pivot Points**: Daily pivot levels ko bhi consider karna chahiye, jo potential reversal points ko identify karne mein madadgar hote hain. Ye levels market sentiment ko insights provide karte hain aur entry aur exit strategies ko refine karne mein madad karte hain.

### Technical Indicators

Kuch technical indicators jo GBP/USD price movements ka analysis enhance kar sakte hain:

1. **Moving Averages**: 50-day aur 200-day moving averages trend ko identify karne ke liye essential tools hain. Filhal pair dono averages ke upar trade kar raha hai, jo bullish outlook ko reinforce karta hai. In moving averages ke beech crossover trend ke strength ka additional confirmation de sakta hai.

2. **Relative Strength Index (RSI)**: RSI mid-range ke aas-paas hai, jo suggest karta hai ke pair na to overbought hai aur na oversold. RSI ko divergence ya extreme readings ke liye monitor karna zaroori hai, jo potential price reversals ka signal de sakte hain.

3. **MACD (Moving Average Convergence Divergence)**: MACD bullish momentum signal kar raha hai kyunki yeh signal line ke upar hai. Sustained position above this line strong buying interest ko indicate karti hai, jo current uptrend mein confidence provide karti hai.

### Trading Strategies

Current market conditions ke madde nazar, traders kuch strategies consider kar sakte hain:

- **Long Positions**: Agar pair 1.2600 ke upar apni position maintain karta hai aur 1.2750 ke aas-paas strength dikhata hai, to long positions enter karna favorable ho sakta hai, khaaskar jab bullish indicators align kar rahe hon.

- **Breakout Trades**: Agar 1.2750 ke upar decisive break hota hai, to breakout strategy apply karna chahiye, jo traders ko potential upward momentum ko capitalize karne ka mauka dega 1.2800 aur uske aage.

- **Risk Management**: Robust risk management strategies implement karna zaroori hai, including setting stop-loss orders critical support levels ke niche, taake unexpected volatility se protect kiya ja sake.

### Conclusion

In summary, GBP/USD currency pair filhal growth ke potential position mein hai, favorable economic conditions aur technical indicators ke wajah se. Key support aur resistance levels ko closely monitor karke, saath hi relevant technical signals par nazar rakh kar, traders effectively is dynamic landscape ko navigate kar sakte hain aur market mein emerging opportunities ko capitalize kar sakte hain. Agle trading sessions pair ki trajectory ko determine karne mein pivotal honge, isliye vigilance informed decision-making ke liye essential hai.

GBP/USD ki rally Monday ko ek rukawat ka samna kar gayi, jo psychologically significant 1.3000 level ke nazdeek se back ho gayi. Ye pause tab aaya jab foreign exchange markets dollar selling se thoda break le rahe hain aur recent moves ko dobara assess kar rahe hain. Is reevaluation ka ek key factor September mein Federal Reserve ki interest rate cut ki possibility hai. Fed ke statements ne week ki shuruat mein market attention ko dominate kiya. Chair Jerome Powell ne inflation ke hawale se progress ko acknowledge kiya, lekin unhon ne aur San Francisco Fed President Mary Daly ne future rate cuts ke liye kisi predetermined timeline ka na hona bhi emphasize kiya. Fed ki is clear guidance ki kami market participants ko apni expectations dobara calibrate karne par majboor kar rahi hai.

Pehle, interest rate markets kaafi heavily tilted tha September mein rate cut ki taraf, jahan CME Group's FedWatch tool ne September 18th FOMC meeting ke liye 100% chance of 25 basis point reduction indicate kiya. Lekin, Fed ke recent comments ne is certainty ko question mark laga diya hai. Is waqt, US economic data par focus barqarar hai. Pichle hafte ke releases ne US economy ke slowing picture ko dikhaya, aur analysts ka kehna hai ke ye trend continue rahega, kyunki June retail sales flat rahne ki umeed hai.

UK ka bhi is hafte busy data release calendar hai. Wednesday ko Consumer Price Index (CPI) inflation data publish kiya jayega, jahan expectations ye hain ke June se 0.3% se July mein 0.1% tak aur decline hoga. Thursday ko UK employment aur wage data aayega, aur Friday ko retail sales figures release honge. Sterling ki momentum Monday ko thama, jo teen din ki winning streak ko break karte hue bearish candlestick pattern ban gaya. Ye tab aaya jab GBP/USD pair ne pichle baarah trading days mein se sirf do din ke ilawa higher close kiya. Pair ne late June mein 1.2600 ke nazdeek se climb kiya aur key support levels ko break karne mein nakam rahi. Isne bullish buying ko trigger kiya jo pair ko ek naye 12-month high 1.29949 tak le gayi, uske baad ka recent pullback aaya.

Overall, GBP/USD ek crossroads par hai. Pair ka direction upcoming economic data releases, khaaskar US se, aur Federal Reserve ke further pronouncements par depend karega jo unki monetary policy stance ke baare mein honge.

## GBP/USD Price Activity

June ke shuruat se GBP/USD pair ne predominantly bearish trend dikhaya, jo 100-period simple moving average (SMA) zone se niche gira. Lekin, July ke shuru hote hi buyers ne control hasil kar liya, aur prices dheere dheere uthane lagi. Is haftay ki trading session mein price 1.2614 tak pohnch gayi.

### Key Observations:

1. **June Bearish Trend:**
- GBP/USD pair ne ek strong bearish trend dikhaya, jo 100-period SMA se niche gira.

2. **July Uptrend:**
- July ke entry ke sath hi trend reverse ho gaya aur buyers ne market ka control le liya, prices ko upar push kiya.
- Pair ne upward trend continue kiya aur is haftay ke trading session mein 1.2614 tak pohnch gaya.

3. **Current Position:**
- Thodi si bearish correction ke bawajood, upward trend aaj subah resume ho gaya.
- Price abhi bhi 100-period SMA ke upar hai, jo sustained buying interest aur bullish trend ke continuation ka indication hai.

### Strategy:

#### Short-Term Strategy:

- **Monitoring SMA:**
- Price ko 100-period SMA ke relative monitor karte raho. Jab tak price is level ke upar rahe, bullish sentiment continue rahne ki umeed hai.

- **Support and Resistance Levels:**
- Key resistance at 1.2614: Agar ye break hoti hai, to further upward movement ka signal mil sakta hai.
- 100-period SMA ke nazdeek support dekhte raho: Agar price is level se niche girti hai to bearish trend ke shift ka indication ho sakta hai.

#### Entry Points:

- **Buying Opportunities:**
- Agar price 100-period SMA ke upar rahe aur strength dikhaye, to 1.2614 se upar move target karte hue buying positions consider karna chahiye.

- **Risk Management:**
- Stop-loss orders ko 100-period SMA ke niche set karo taake bearish reversal ke case mein risk manage kiya ja sake.

### Conclusion:

GBP/USD pair ne June ke bearish trend se July mein bullish trend mein transition kiya hai, jo sustained buying interest ke wajah se hua. Price 100-period SMA ke upar hai, jo further gains ka potential dikhata hai. Traders ko key support aur resistance levels monitor karne chahiye aur agar upward trend continue hota hai to buying opportunities consider karni chahiye, sath hi appropriate risk management strategies ko bhi dhyan mein rakhna chahiye.

### GBP/USD D1 Trading Chart Analysis

Hello, colleague! Kal humne jo peak set ki thi usko fix kar diya tha, lekin hum 30th figure tak nahi pohnch paaye aur ab thoda retreat ho raha hai. Yeh baat sabke zehan mein hai: Kya growth khatam ho gayi hai ya ab bhi iski continuation hai? Wave technique ke mutabiq, maine apne khayalat upar likh diye hain, lekin filhal mere paas kuch doubts hain. Bears abhi bhi pair mein kuch had tak accumulate ho chuke hain, magar abhi tak turn mature nahi hua hai.

#### Daily Chart Analysis

1. **MA100 Indicator:**
- MA100 abhi parallel space mein kaam kar raha hai, jo yeh dikhata hai ke currency ka mood filhal flat hai.
- Yeh bhi dekha gaya hai ke Bollinger Bands MA100 ke beech se guzra rahe hain, jo sideway trend ko indicate karta hai.

2. **Bollinger Bands Indicator:**
- Bollinger Bands ke edge bands abhi ek dusre se alag directions mein move kar rahe hain, jo trend ke purane hone ka signal hai. Yeh trend change hone ke aashaar hain.
- Price ne upper Bollinger band ko cross kar diya hai, jo pattern situation ko dikhata hai. Yeh yeh bhi dikhata hai ke bulls ne kuch goals achieve kar liye hain aur ab wo reversal ke liye tayar hain.

3. **Sell Signal:**
- Semaphore indicator ne global sell signal diya hai. Dono basement indicator bundles ab overbought hain, lekin abhi tak koi sell signal nahi mila hai.
- Main sell signal ka intezaar kar raha hoon aur jab yeh signal milega, tab main sell karunga.

### Conclusion

GBP/USD ka daily chart dekh kar, indicators se yeh lagta hai ke ab trend ek turning point par hai. MA100 aur Bollinger Bands indicators sideway trend ko confirm kar rahe hain aur price ke upper band ko cross karna bull goals ka indicator hai. Main sell signal ka intezaar kar raha hoon aur uske milne par sell karunga.

### GBP/USD Price Movement

GBP/USD ki rally ne Monday ko ek rukawat dekhi, jab yeh psychologically significant 1.3000 level ke qareeb se peechay hote hue wapas aayi. Yeh rukawat us waqt aayi jab foreign exchange markets dollar selling se thoda respite le rahe hain aur recent moves ko dobara assess kar rahe hain. Is reevaluation ka ek key factor Federal Reserve ke September mein interest rate cut ka mumkin hona hai. Fed ke announcements ne hafte ke shuruat mein market ka dhyan khud ki taraf kheench liya. Chair Jerome Powell ne inflation front par progress ka zikar kiya, lekin unhone aur San Francisco Fed President Mary Daly ne future rate cuts ke liye kisi bhi predetermined timeline ka zikar nahi kiya. Is clear guidance ki kami market participants ko apni expectations dobara calibrate karne par majboor kar rahi hai.

Pehle, interest rate markets September mein 25 basis points ki cut ki umeed kar rahe the, aur CME Group ke FedWatch tool ne September 18th FOMC meeting mein is reduction ke 100% chance dikhaye the. Lekin Fed ke recent comments ne is certainty ko question mark laga diya hai.

US economic data par bhi dhyan diya ja raha hai. Pichle hafte ki releases ne US economy ke slow hone ka picture banaya aur analysts ka kehna hai ke yeh trend continue rahega, June ki retail sales flat rehne ke expectations ke saath.

### UK Data Releases

UK mein is hafte busy data release calendar hai. Wednesday ko latest Consumer Price Index (CPI) inflation data publish hoga, jahan expectations hain ke June ke 0.3% se July mein 0.1% tak girawat dekhne ko milegi. Thursday ko UK employment aur wage data aayega, aur Friday ko retail sales figures release honge.

Sterling ki momentum Monday ko ruka, teen din ki winning streak ko todte hue aur bearish candlestick pattern banate hue. Yeh strong run ke baad hua jahan GBP/USD pair ne pichle barah trading days mein se sabhi mein higher close kiya, sirf do dino ko chhodkar. Pair ne late June mein 1.2600 ke lows se climb kiya, key support levels ko break kiye bina. Yeh bullish buying ko trigger kiya jisne pair ko naye 12-month high 1.29949 tak pohnchaya, lekin ab recent pullback ke sath.

### Conclusion

Overall, GBP/USD ek crossroads par hai. Pair ki direction aane wale economic data releases, khaaskar US se, aur Federal Reserve ke monetary policy stance ke announcements par depend karegi.

### GBP/USD Ke Movement Ka Jaiza

GBP/USD currency pair ne teen din ke rally ke baad ek rukawat dekhi aur naye hafte ki shuruat ehtiyaat ke sath ki. British Pound ne haal hi mein strength dikhayi thi, ek monthly low se rebound karte hue, lekin 1.2731 ke aas-paas resistance ka samna kiya. Yeh pullback ek mazboot US dollar, barhte US Treasury yields, aur traders ke key economic data ka intezaar karne ki wajah se hai. Ab pair 1.2590 ke support level ke qareeb hover kar rahi hai.

### Fed Ke Comments Aur Market Sentiment

Federal Reserve ke officials ke comments market sentiment ko bohot zyada influence kar rahe hain. Investors inke statements par nazar rakh rahe hain taake future rate cuts ke kisi bhi ishare ko samjha ja sake. Recently, kuch officials ne yeh suggest kiya hai ke rates zyada lambay waqt tak high rah sakte hain, jabke dusre ne hint kiya hai ke agar inflation kam hoti hai to reductions ki possibilities hain. Yeh mixed messaging uncertainty create kar rahi hai, jo stocks aur bonds ko bhi affect kar rahi hai, kyunki investors Fed ke agle steps ko predict karne ki koshish kar rahe hain. Rate cuts ki anticipation investors mein optimism ko fuel kar rahi hai, jo aasaan borrowing conditions ki umeed rakhte hain.

### Aane Wale US Retail Sales Aur UK CPI Inflation Data

Is hafte, US aur UK dono se significant economic data release honge. US mein, retail sales figures consumer spending ke insights provide karengi amid economic challenges. Agar retail sales zyada hoti hain to yeh strong consumer confidence aur potential economic growth ka indication ho sakta hai. UK mein, Consumer Price Index (CPI) inflation data price trends aur Bank of England ke potential actions ko samajhne ke liye crucial hai. High inflation Bank ko interest rates barhane par majboor kar sakti hai taake prices ko control kiya ja sake. Yeh reports market volatility create karengi jab traders naye information ke basis par apne strategies adjust karenge.

### GBP/USD Ka Outlook

Har time frame par, British Pound US Dollar ke muqablay mein strong nazar aa raha hai. Haal hi mein, yeh upside par break kiya aur pehle ka resistance ab GBP/USD pair ke liye support ban gaya hai. Ab 1.2994 level resistance ke roop mein kaam kar raha hai. Buyers ko is range ke upar breakout ka intezaar karna chahiye, jabke sellers naye support level ke neeche girawat dekh kar market mein entry karne ka soch rahe hain.

Aaj ki trading session mein European market ke khulne se pehle GBP/USD mein jo decline dekhne ko mila hai, woh London market ke khulne par anticipated volatility ka initial reaction samjha ja sakta hai. Iss waqt GBP/USD pressure mein hai aur weak ho raha hai, jiska matlab yeh hai ke aaj ke trading session mein bearish trend continue ho sakta hai.

Technically, H1 time frame par candlestick analysis yeh dikhati hai ke GBP/USD abhi bhi decline ko continue karne ka rujhan dikhata hai. Chart image ke mutabiq, GBP/USD abhi middle support 1 pe breakout dhoondhne ki koshish kar raha hai jo 1.28315 ke price pe located hai, jiska maqsad stronger continuation of decline ke potential ko confirm karna hai. Halanke pehle bhi support line 1 ko 1.28131 ke price pe approach kiya tha, yeh movement dikhati hai ke aaj, Tuesday, July 30, 2024 ko, GBP/USD ke significant decline ka potential hai pehle upward correction hone se pehle aur phir bearish direction mein continue karne se pehle.

Strategy jo adopt ki ja sakti hai woh yeh hai ke middle support area mein wait karein taake pending sell stop order place kar sakein, potential downward momentum ka faida uthane ke liye jo ho sakta hai.

Aaj GBP/USD pe open positions ke liye recommendation:
Sell limit pivot point line area pe 1.28498 jab price ne kaafi fall kiya ho.
Sell stop middle support line area 1 pe 1.28315 ke price pe.
Take profit support 2 pe 1.27687 ke price pe.
Stop loss middle resistance 1 pe 1.28720 ke price pe.

GBP/USD Technical Analysis

Pound Sterling ne pichle trading week mein achi tara se rise kiya, jo ke pehle ke scenario ke mutabiq tha. Price 1.2788 ke level ke upar consolidate karne ke baad, ek reverse retest ke baad rebound hui aur 1.2994 ke horizontal area tak pahunche, jahan pe ek upward trend bana aur is area ko hold karne ki koshish ki. Is tarah, target area achieve aur complete hua, jaisa ke expect kiya gaya tha. Filhal, price chart super-trend green zone mein hai, jo ke buyers ke positions ke strong hone ka indication hai.

Aaj ke technical picture ko dekhte hue, pair abhi tak 1.2720 ke previously broken resistance ke upar hold kar raha hai, aur 50-day simple moving average se positive support mil raha hai, jo ke clear positive support sign hai. Aaj ke session mein hum 1.2840 tak movement dekh sakte hain, jo ke pehla target hai, aur agar 1.2870 ke upar break hota hai, to 1.2900 tak pohanchne mein aasani hogi. Niche ke side, agar 1.2760 ke upar confirm move hota hai, to pair temporarily 1.2720 ko retest karne ke liye gir sakti hai, phir se upar ki taraf move karne ki koshish karegi.

Filhal, pair weekly highs pe bullish trade kar raha hai. Key support areas test aur exhaust ho chuke hain, jo ke price ko high rakha aur rebound ka indication diya, jo ke upward vector ke importance ko dikhata hai. Is current move ko continue karne ke liye, price ko ab 1.2914 ke level ke upar consolidate karna hoga, jo ke abhi key support area ke border pe hai. Is area ka retest aur subsequent pullback continue gains ke liye opportunity provide karega, jo ke target area 1.3082 se 1.3170 tak ho sakta hai.

Agar support break hota hai aur price 1.2788 ke pivot level ke niche girti hai, to current scenario cancel ho jayega.

GBP/USD Analysis: Technical Outlook
GBP/USD ne DXY ke against notable strength dikhai hai, Friday tak 0.06% gain karte hue. Yeh performance largely traders ke cautious stance ki wajah se hai jo European political uncertainties aur Bank of England ke upcoming monetary policy findings ke doran hai. Filhal, GBP/USD pair 1.2810 par trade kar raha hai, jab ke daily high 1.2819 ko touch kiya.

GBP/USD ke Fundamentals:

DXY weak retail sales data ki wajah se pressure mein hai, jis ne uski value ko kam kar diya hai. European trading hours mein six-week high se rebound ke bawajood, DXY jo greenback ko six major currencies ke against measure karta hai, 105.30 tak gir gaya. Yeh intraday decline traders ke cautious sentiment ko highlight karta hai.

USD ki resilience ka sabab Federal Reserve (Fed) ke officials ka interest rate cuts ke liye cautious approach ka advocate karna hai. Fed ne is saal sirf aik dafa rate kam karne ko pasand kiya hai, jab tak inflation mein sustained decline na ho. Premature rate cuts ke concerns jo inflationary pressures ko dobara ignite kar sakte hain, ne Fed ki policies ko firmly in place rakha hai, pehle quarter ke stall ke baad disinflation resuming ke progress ke bawajood. Four-hour Time Frame Technical Outlook: Jab pair 1.2700 mark se neeche gir gaya, toh further losses ka rasta khul gaya. Key support levels mein last week ka low 1.2616, 100-day Moving Average (DMA) 1.2700, aur 50-day DMA 1.2685 shamil hain. In levels ke breach hone par 200-DMA 1.2717 expose ho sakta hai. Bullish continuation ke liye, traders ko GBP/USD ko broken support trendline ke upar push karna hoga, jo ab resistance ban gayi hai, about 1.2900 ke aas paas, uske baad 1.2850 test karne se pehle. GBP/USD pair ne US Dollar ke against crucial resistance level 1.2800 ke qareeb recover kar liya hai. Is rebound ke bawajood, pair abhi bhi 20-day Exponential Moving Average (EMA) ke neeche hai jo 1.2742 ke qareeb hai, jo near-term trend mein uncertainty indicate karta hai. 50-day EMA jo 1.2670 ke qareeb hai, Pound Sterling bulls ke liye ek significant support level hai.