{"id":29635,"date":"2023-06-09T08:45:50","date_gmt":"2023-06-09T08:45:50","guid":{"rendered":"https:\/\/fxglobe.wpenginepowered.com\/?p=29635"},"modified":"2023-06-22T18:47:46","modified_gmt":"2023-06-22T18:47:46","slug":"gbpusd-at-four-weeks-high","status":"publish","type":"post","link":"https:\/\/www.fxglobe.com\/fr\/gbpusd-at-four-weeks-high\/","title":{"rendered":"GBPUSD Market: Analyzing the Four Weeks High"},"content":{"rendered":"\n<p>Good morning, Traders!<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">GBPUSD<\/h4>\n\n\n\n<p>Yesterday GBPUSD broke its <a href=\"https:\/\/www.fxglobe.com\/trading-currency-pairs-with-confidence-forex-trading-strategies-for-every-skill-level\/\" data-type=\"post\" data-id=\"24569\">resistance level<\/a> at around 1.2550 to trade and close at a four-week high.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"457\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-D-1024x457.png\" alt=\"GBPUSD Daily Timeframe Chart\" class=\"wp-image-29647\" srcset=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-D-1024x457.png 1024w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-D-300x134.png 300w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-D-768x343.png 768w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-D-1536x685.png 1536w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-D-2048x913.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><strong>GBPUSD Daily Timeframe <\/strong><\/figcaption><\/figure>\n\n\n\n<p>As the move started from low, the market is currently overextended, and I am looking for a potential pullback before a continuation of this <a href=\"https:\/\/www.fxglobe.com\/day-trading-strategies\/\" data-type=\"post\" data-id=\"24577\">bullish momentum<\/a>.<\/p>\n\n\n\n<p>The area that I am eyeing is the 1.25; it acted as resistance before the market broke decisively above it. And if and when the market will pull back into this area, it may bring it closer to its <a href=\"https:\/\/www.investopedia.com\/terms\/m\/movingaverage.asp\" target=\"_blank\" rel=\"noreferrer noopener\">Moving Averages<\/a> on the mid-timeframes.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"454\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-4h-1024x454.png\" alt=\"GBPUSD 4H Timeframe Chart\" class=\"wp-image-29665\" srcset=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-4h-1024x454.png 1024w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-4h-300x133.png 300w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-4h-768x340.png 768w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-4h-1536x681.png 1536w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-4h-2048x907.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><strong>GBPUSD 4H Timeframe <\/strong><\/figcaption><\/figure>\n\n\n\n<p>The Weekly timeframe is in an uptrend, and we may see the market moving for another test of the resistance level around the 1.2670 area.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"459\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-W-1024x459.png\" alt=\"GBPUSD Weekly Timeframe Chart\" class=\"wp-image-29656\" srcset=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-W-1024x459.png 1024w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-W-300x134.png 300w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-W-768x344.png 768w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-W-1536x688.png 1536w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/GBPUSD-W-2048x917.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><strong>GBPUSD Weekly Timeframe<\/strong><\/figcaption><\/figure>\n\n\n\n<p>Happy Trading!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, Traders! GBPUSD Yesterday GBPUSD broke its resistance level at around 1.2550 to trade and close at a four-week high. As the move started from low, the market is currently overextended, and I am looking for a potential pullback before a continuation of this bullish momentum. The area that I am eyeing is the [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":29638,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"GBPUSD at Four Weeks High | FXGlobe","_seopress_titles_desc":"Explore the GBPUSD market as it reaches a four weeks high. Stay informed and make informed trading decisions with our analysis for traders.","_seopress_robots_index":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-29635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.fxglobe.com\/fr\/wp-json\/wp\/v2\/posts\/29635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fxglobe.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fxglobe.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/fr\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/fr\/wp-json\/wp\/v2\/comments?post=29635"}],"version-history":[{"count":0,"href":"https:\/\/www.fxglobe.com\/fr\/wp-json\/wp\/v2\/posts\/29635\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/fr\/wp-json\/wp\/v2\/media\/29638"}],"wp:attachment":[{"href":"https:\/\/www.fxglobe.com\/fr\/wp-json\/wp\/v2\/media?parent=29635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fxglobe.com\/fr\/wp-json\/wp\/v2\/categories?post=29635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fxglobe.com\/fr\/wp-json\/wp\/v2\/tags?post=29635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}