GBPUSD_109 2025.01.17 10:25:40 Trading Signal BUY

FrankPro Signal for GBPUSD_109



Type: Screen
Signal: BUY
TP: 1.22612
SL: 1.21964
Entry Price: 1.22045



http://192.168.87.246/content/images/GBPUSD.png

Flexity Analysis for GBPUSD



Forecast Overall(Short-Term, Long-Term): ST=Strong Down LT=Strong Down

Forecast Methods(Short-Term, Long-Term):
[Method0] ST=Down LT=Down

[Method1] ST=Down LT=Down

[Method2] ST=Down LT=Down



FlexityIndicator Analysis Method(0)


Here is the data structured and formatted in HTML for better readability:

GBP/USD Pair Analysis

Short-term Analysis (Next Few Days/Weeks)

Expectation Target Reasoning
Price decline 1.1885 The analysis suggests a rebound downwards after testing the resistance area near 1.2295.
  • Moving averages indicate a short-term bearish trend.
  • A breakout of the support area below 1.2065 would confirm the fall.
  • High-impact CPI data from the UK and the US may influence interest rate outlooks, adding to downward pressure.

Long-term Analysis (Next Few Months)

Expectation Target Reasoning
Price decline 1.18 and 1.1670 The pair has broken below the 2024 low at 1.2330, accelerating its decline towards the October 2023 low at 1.2030.
  • The Bank of England's potential dovish stance, with expectations of a 53 basis points interest rate cut, adds to the pressure on the Pound.
  • This could lead to a long-term decline in the GBP/USD pair.

Overall Conclusion

Both short-term and long-term analyses suggest that the GBP/USD pair is expected to decline, with potential targets at 1.1885 in the short term and 1.18 and 1.1670 in the long term.


Result: [Method0] ST=Down LT=Down


FlexityIndicator Analysis Method(1)


Here is the data structured and formatted in HTML for better readability:

GBP/USD Price Movement Analysis

Short-term (next few days to a week)

Expected Price Movement Down
Reasoning The pair is currently trading within a descending channel, and a breakout of the support area with a closing price below 1.2065 would confirm the continuation of the fall. Additionally, the UK CPI data release on January 15, 2025, may not be strong enough to change the bearish sentiment, and the Fed's hawkish shift and upbeat US Non-Farm Payroll report may continue to support the USD and put pressure on the GBP.

Long-term (next few weeks to a month)

Expected Price Movement Down, with potential for a slight rebound
Reasoning The overall bearish sentiment and the pair's movement within a descending channel suggest a continued downward trend. However, the weakness of the US Dollar and the potential for a solid CPI number could ease stagflation fears and help the pound rebound slightly. Nevertheless, the geopolitical tensions and the Fed's cautious stance are likely to maintain pressure on the GBP, leading to a continued downward trend in the long term.

Key Levels to Watch

  • Support: 1.2065, 1.2070, 1.1840
  • Resistance: 1.2295, 1.2335, 1.2655

Please note that market conditions can change rapidly, and this analysis is based on the available data as of January 15, 2025. It's essential to stay up-to-date with the latest market news and analysis to make informed trading decisions.


Result: [Method1] ST=Down LT=Down


FlexityIndicator Analysis Method(2)


Here is the structured data formatted in HTML:

GBP/USD Price Movement Analysis

Short-term (next few days/week)

Expected Price Movement Down
Reasoning
  • The pair is currently in a descending channel.
  • The price has broken through the signal lines downwards, indicating pressure from sellers.
  • Recent downward breakout from a strong trendline on the M30 timeframe suggests a shift in momentum towards the downside.
Support and Target Levels
  • Immediate support levels: around 1.2200
  • Target levels for the decline: 1.1885

Long-term (next few weeks/months)

Expected Price Movement Down (with a possibility of a reversal)
Reasoning
  • Prevailing bearish sentiment and market factors such as inflation concerns and economic indicators suggest downward pressure on the GBP/USD pair.
  • A strong growth and a breakout of the resistance area with the price fixing above 1.2335 could lead to a reversal of the trend and continued growth towards the area at 1.2655.

Overall Conclusion

The analysis suggests that the GBP/USD pair is likely to experience further declines in the short term, but there is a possibility of a reversal in the long term if significant resistance levels are broken.


Result: [Method2] ST=Down LT=Down


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