GBP/USD – Page 22

Forecast Confirmed

November 24, 2022/in General News & Updates /by MaimarFX

We got what we were looking for yesterday: Another upward move in the GBP/USD with a very good profit. That means for us to sit back and secure the weekly profit. Nevertheless, we have seen over the years that on the U.S. Thanksgiving holiday and following day there have been moves in the direction of the trend and thus good profits. So, make the best of it!

Our trading ideas for today 24/11/22:

EUR/USD

Long @ 1.0460

Short @ 1.0420

GBP/USD

Long @ 1.2115

Short @ 1.2075

DAX® (GER40)

Long @ 14470

Short @ 14420

Settings for all trades today: Entries from 8:00 am UTC, SL 25,

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

Subscribe to our daily signal service

We wish you good trades!

Any and all liability of the author is excluded.

www.maimar.co

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GBP/USD: Bereit für eine erneute Aufwärtsbewegung?

November 23, 2022/in General News & Updates /by MaimarFX

Der U.S. Dollar schwächte sich angesichts der anhaltenden Risiko-Rallye ab. Vertreter der Federal Reserve deuteten an, dass sie die Zinsen weiter anheben werden, aber offen für eine Verlangsamung ihres Tempos sind. Das Augenmerk des Marktes liegt jedoch auf der Bedeutung “hawkische Verlangsamung”, weshalb es am Markt zu Kurserholungen auf breiter Front kam. Die Fed wird das Protokoll ihrer Sitzung vom 1. und 2. November heute um 20 Uhr veröffentlichen.

Steht der GBP/USD-Kurs vor einer neuen Aufwärtsbewegung?

Aufgrund einer bullischen Kerzenformation im Tages-Chart könnte es zu einem weiteren Anstieg in Richtung der 1,22-Marke kommen. Die aufsteigende Trendlinie hat sich bisher als Unterstützung erwiesen und solange die Preise über 1,18, vor allem aber über 1,17 bleiben, favorisieren wir den Aufwärtstrend. Die nächsten bullischen Ziele liegen bei 1,1950, 1,20 und 1,21.

Unsere Handelsideen für heute, den 23.11.22:

EUR/USD

Long @ 1.0340

Short @ 1.0280

GBP/USD

Long @ 1.1915

Short @ 1.1865

DAX® (GER40)

Long @ 14480

Short @ 14430

Einstellungen für alle Trades heute: SL 25, TP 40

Der Inhalt des Beitrags spiegelt die persönliche Meinung des Autors wider. Dieser übernimmt für die Richtigkeit und Vollständigkeit keine Verantwortung und schließt jegliche Regressansprüche aus. Dieser Beitrag stellt keine Kauf- oder Verkaufsempfehlung dar.

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Der Inhalt des Beitrags spiegelt die persönliche Meinung des Autors wider. Dieser übernimmt für die Richtigkeit und Vollständigkeit keine Verantwortung und schließt jegliche Regressansprüche aus. Dieser Beitrag stellt keine Kauf- oder Verkaufsempfehlung dar.

www.maimar.co

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GBP/USD: Set For Another Bullish Breakout?

November 23, 2022/in General News & Updates /by MaimarFX

The U.S. dollar weakened as the risk-on rally continues. Federal Reserve officials indicated that they will continue to raise rates but are open to slowing their tempo. The market’s focus is however on the meaning ‘hawkish slowing’ which is why we saw rallies across the board. The Fed will publish the minutes of their November 1-2 meeting today at 7pm GMT.

Is the GBP/USD headed for a next bull run?

Based on bullish candle stick formation we may a next leg up towards 1.22. The ascending trendline has proved to act as a support and as long as prices remain above 1.18 but more importantly, above 1.17 we favor the upside trend. Next bullish targets are at 1.1950, 1.20 and 1.21.

Our trading ideas for today 23/11/22:

EUR/USD

Long @ 1.0340

Short @ 1.0280

GBP/USD

Long @ 1.1915

Short @ 1.1865

DAX® (GER40)

Long @ 14480

Short @ 14430

Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 40

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

Subscribe to our daily signal service

We wish you good trades!

Any and all liability of the author is excluded.

www.maimar.co

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Trading Signals For Today 22/11/22

November 22, 2022/in General News & Updates /by MaimarFX

Markets have tread water Monday with almost no profitable movements. As we supposed, trading might be quiet through all the week.

Our trading ideas for today 22/11/22:

EUR/USD

Long @ 1.0275

Short @ 1.0235

GBP/USD

Long @ 1.1880

Short @ 1.1815

DAX® (GER40)

Long @ 14410

Short @ 14340

Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 40

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

Subscribe to our daily signal service

We wish you good trades!

Any and all liability of the author is excluded.

www.maimar.co

Follow us on social media:

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Quiet Markets This Week?

November 21, 2022/in General News & Updates /by MaimarFX

Welcome to a new trading week.

The economic data and events calendar is very thin this week and especially U.S. markets could be extra quiet with the Thanksgiving holiday on Thursday. Consequently, trading could be quiet while currency movements might be limited.

The U.S. dollar rose against other counterparts.

Sellers in the EUR/USD are trying to retake control. If the pair drops below 1.0240, we may see a correction towards 1.02 and probably even 1.01.

If the GBP/USD falls below 1.1800, the cable could further correct towards 1.1750 and 1.17.

Our trading ideas for today 21/11/22:

EUR/USD

Long @ 1.0270

Short @ 1.0240

GBP/USD

Long @ 1.1830

Short @ 1.1790

DAX® (GER40)

Long @ 14410

Short @ 14360

Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 40

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

Subscribe to our daily signal service

We wish you good trades!

Any and all liability of the author is excluded.

www.maimar.co

Follow us on social media:

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Daily Trading Signals Friday 18/11/22

November 18, 2022/in General News & Updates /by MaimarFX

The U.S. dollar rallied on Thursday but was unable to hold gains, ending the trading day virtually unchanged against the euro and pound. We will try to catch some small profits today. Let’s see.

We wish you a wonderful weekend!

Our trading ideas for today 18/11/22:

EUR/USD

Long @ 1.0410

Short @ 1.0335

GBP/USD

Long @ 1.1940

Short @ 1.1875

DAX® (GER40)

Long @ 14340

Short @ 14270

Settings for all trades today: Entries from 8:00 am UTC, SL 25

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

Subscribe to our daily signal service

We wish you good trades!

Any and all liability of the author is excluded.

www.maimar.co

Follow us on social media:

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U.K. Inflation Hits Highest Level In 41 Years

November 17, 2022/in General News & Updates /by MaimarFX

U.K. inflation rose to 11.1 percent from a year ago while this result increases the chances the Bank of England will raise interest rates again next month.

From a technical perspective, there could be room for a bullish extension towards 1.2060 but sterling bulls should be careful since the pound remains slightly overbought. The current support area is seen at around 1.17.

Our trading ideas for today 17/11/22:

EUR/USD

Long @ 1.0410

Short @ 1.0340

GBP/USD

Long @ 1.1925

Short @ 1.1885

DAX® (GER40)

Long @ 14340

Short @ 14290

Settings for all trades today: Entries from 8:00 am UTC, SL 25

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

Subscribe to our daily signal service

We wish you good trades!

Any and all liability of the author is excluded.

www.maimar.co

Follow us on social media:

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Price Overshoot

November 16, 2022/in General News & Updates /by MaimarFX

The selloff in the U.S. dollar gained momentum Tuesday and led to overshooting prices in other counterparts. The British pound surged to a high of 1.2029 despite a deeply overbought situation. The euro, however refrained from testing the 1.05-level after breaking above 1.0370. Nonetheless, we saw sharp corrections in both pairs following price peaks.

We were able to catch some good profits in the midst of yesterday’s bullish momentum.

GBP/USD

Below 1.19 we expect a steeper correction towards 1.16. However, given the market’s speculation about a dovish sentiment (despite continued warnings that inflation is too high!) we may experience some extended dollar weakness. Today, U.K. inflation will be released, so let’s see what is in store for sterling traders.

Our trading ideas for today 16/11/22:

EUR/USD

Long @ 1.0410

Short @ 1.0360

GBP/USD

Long @ 1.1910

Short @ 1.1830

DAX® (GER40)

Long @ 14370

Short @ 14320

Settings for all trades today: Entries from 8:00 am UTC, SL 25,

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

Subscribe to our daily signal service

We wish you good trades!

Any and all liability of the author is excluded.

www.maimar.co

Follow us on social media:

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Difficult Trading And New Signals

November 15, 2022/in General News & Updates /by MaimarFX

Yesterday was by far not our favorite trading day. We suffered several losses in all trading instruments. However, these challenging days always happened in our trading history while we know that better days are coming. We hope for more profitable movements today in order to compensate some of yesterday’s losses.

Our trading ideas for today 15/11/22:

EUR/USD

Long @ 1.0390

Short @ 1.0310

GBP/USD

Long @ 1.1830

Short @ 1.1790

DAX® (GER40)

Long @ 14410

Short @ 14290

Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 40

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

Subscribe to our daily signal service

We wish you good trades!

Any and all liability of the author is excluded.

www.maimar.co

Follow us on social media:

Facebook

Twitter

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Have Markets Over-Reacted To Last Week’s Inflation Data?

November 14, 2022/in General News & Updates /by MaimarFX

Welcome to a new trading week. Risk appetite improved around the world after signs of cooling in U.S. inflation and the prospects of a dovish tilt by the Federal Reserve. The U.S. dollar weakened against other counterparts. However, markets may have over exaggerated last week’s inflation print since a few declines in inflation does not mean that inflation pressure is finally over and that the Fed is shifting from hawkish to dovish. The market’s risk appetite could thus be premature with limited upside in both EUR/USD and GBP/USD.

For the British pound, the U.K. will release inflation data on Wednesday.

GBP/USD

The shift in global risk sentiment and the large dollar sell-off benefitted the pound and sent sterling soaring, lifting it above 1.16 and further to the 1.17-1.19 resistance zone. Sterling bulls should however be careful. U.K. employment and inflation data are on tab this week, leaving the pound vulnerable.

From a technical perspective, the pair is overbought with the current resistance zone ranging from 1.17 to 1.19. We expect any further gains to be limited to a maximum of $ 1.1940. The most likely scenario in our opinion is a correction towards 1.15/1.1450.

EUR/USD

Speculation for a smaller Fed rate hike in December could keep the pair afloat over the coming weeks. However, the pair is overbought, making it vulnerable for a correction toward the parity level. A bullish breakout above 1.0370 on the other side could see a bullish extension towards 1.06.

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.