Titan_Pips
EssentialToday, I'm anticipating a retracement on GBP/USD towards the 1.2915 level at minimum The first resistance is at 1.2952. This provides a clear margin to capture some pips. Important economic data from the UK regarding inflation rates will be released this morning, which could increase volatility on the pair. Additionally, traders should closely monitor the crucial...
📉 GBP/USD Trading Plan 📈 Today, I'm buying dips at support levels: 1.2915, 1.2875, 1.2835/1.2750. I anticipate a potential pullback towards 1.2750 between today and tomorrow. 🔍 Key events to watch: 📊 11 AM (EST) US PPI data – Impact on USD strength 💵 🌍 Trade war tariff updates from the US – Market reaction expected ⚠️ 🕊️ Ukraine-Russia ceasefire agreements –...
GBP/USD Trading Idea - Long Position Fundamental Context: - US inflation is expected to decline today, which could weaken the USD and support the GBP. - The Bank of Canada is also expected to lower its interest rate, impacting overall market sentiment. - Other key economic events throughout the day may increase volatility in the forex market. Technical...
Based on my chart analysis today, I anticipate a pullback to 1,2905 1.2875, or possibly 1.28351. where I may consider buying opportunities to aim for higher levels. The 1.2915 resistance is a strong level, and if broken, the next target will be 1.2950, where I plan to take some pips. It’s crucial to monitor economic announcements from Germany, as they will...
Macro Context: All eyes are on today’s ECB meeting, with a rate cut to 2.00% widely expected. However, the real driver of volatility will be the press conference and how the ECB frames the outlook for future rate cuts. Markets are increasingly uncertain about how far the ECB can go with easing, caught between slowing economic growth and inflation risks that are...
I’m currently long GBPUSD, targeting the 1.2835 - 1.2875 zone. Technically, the pair is holding above key support areas, and I plan to add to my position on any pullback into these demand zones. The green zones on my chart highlight Fair Value Gaps (FVG) and strong support where buyers have stepped in previously. As long as these levels hold, the bullish momentum...
Yesterday’s plan worked well — I was long on GBPUSD, and we are now testing the 1.2700 resistance zone this morning. This level is acting as a pivot for now. ⚠️ I expect a potential wick towards 1.2750, especially if liquidity above the morning high gets hunted. That would be a natural target for the first part of the session. However, if buyers fail to hold...
A busy morning ahead with several key stats for the GBP, followed by the highly anticipated US ISM data in the afternoon. On the geopolitical side, news just broke that Zelensky, the Ukrainian president, is finally ready to sign a deal with the US regarding minerals. This could support both GBP and EUR against the dollar today. 🔎 As always, keep an eye on the...
esterday, GBPUSD pulled back sharply and broke through key support levels. As I highlighted in my previous analysis, short positions were the preferred setup for those who followed. ▶️ Bullish scenario (morning setup) This morning, a long from the 1.2570 support could make sense for a short-term bounce, with a tight stop. ▶️ Bearish scenario (main focus) If...
Today, we have the ECB meeting along with several early-morning economic announcements from China. I anticipate a potential breakout of either the 1.2700 resistance or the 1.2615 support by the end of the day. Given the market’s reaction to economic news, I'll be mostly in observation mode today, with limited trading activity. Yesterday, I followed my...
This morning at 8:00 AM (CET), I will be monitoring the GfK Consumer Climate data release in Germany. For GBP/USD, my strategy is to buy pullbacks at 1.2585, with a deeper buy zone around 1.2540. On the upside, I will look to sell tests of the 1.2700 resistance level. A retracement to 1.2540 seems highly probable in the coming days.
Today, I am focusing on GBP/USD, keeping a close eye on the IFO Business Climate in Germany at 10:00 CET, which could influence market sentiment. 📌 Trading Strategy: 🔹 Buying on dips around 1.2620/1.2610, with a stop adjusted based on volatility. 🔹 Selling at 1.2699, expecting a pullback. 🔹 If the resistance breaks, I will buy and target 1.2870 as an...
Here are my trades for the day based on my technical analysis: 🚀 GBP/USD – Buying the dips at 1.2630 and 1.2590 📈 🔻 Selling at 1.2700, a strong resistance and key level. Sticking to the plan, executing with precision. Let’s see how the market reacts. 💹🔥 #TitanPips