British Pound / U.S. Dollar
Long
Updated

Sterling Rebounds But Faces Heavy Resistance Ahead

697
GBP/USD Outlook – Sterling Rebounds But Faces Heavy Resistance Ahead
🌐 Macro Insight – UK Labour Data Mixed, Trump Headlines Stir Market
The British Pound (GBP) regained some lost ground against the U.S. Dollar after the UK labour market data revealed mixed signals:

Wage growth cooled as expected, suggesting a potential easing in inflationary pressures.

UK ILO Unemployment ticked up to 4.7%, raising concerns about labour market fragility.

Meanwhile, in the U.S., President Trump denied reports about firing Fed Chair Powell, briefly easing tensions and stabilizing USD demand.

With both currencies facing mixed narratives, GBP/USD is set for a pivotal move, and traders should stay alert to key liquidity zones and order blocks.

🔍 Technical Setup – MMF + Smart Money Framework
On the H2 chart, GBP/USD has reacted from the OBS BUY ZONE at 1.3376, bouncing with a bullish structure and forming a potential continuation pattern. Price is now expected to target key zones above, where significant order blocks and Fibonacci confluence reside.

⚙️ Key Resistance Zones:
1.3578 – 0.5 Fibonacci Retracement + OBS
1.3627 – 0.618 Fibonacci + Supply Zone

1.3697 – CP Continuation Pattern + H2 Order Block
These areas represent institutional interest for potential sell setups.

✅ Trade Plan for GBP/USD
🟢 BUY ZONE: 1.3376 – 1.3398
SL: 1.3360
TP: 1.3450 → 1.3485 → 1.3530 → 1.3578 → 1.3627

Look for bullish structure confirmation before entering. Target the next liquidity highs and imbalance zones.

🔴 SELL ZONE: 1.3627 – 1.3697
SL: 1.3735
TP: 1.3580 → 1.3530 → 1.3480
Watch for rejection and bearish divergence at supply areas to time potential swing shorts.

🧠 Strategy Notes
This setup combines MMF zones with institutional volume and price action concepts. The pair is currently reacting to a deep discount zone and may climb toward premium levels where selling pressure awaits. Be cautious during New York session volatility, especially with potential U.S. policy headlines and upcoming global inflation data.

🗨 What’s Next?
Are bulls ready to reclaim control or will resistance zones cap this recovery? Drop your ideas below and don’t forget to follow for more institutional-grade insights powered by MMF methodology.

Trade active
GBPUSD Trade Update – Up +60 Pips and Climbing!
📈 Our MMF BUY plan on GBPUSD is now floating +60 pips profit, and price is on track to reach the Buy Side Liquidity Zone, with +100 pips in sight!
🔗 View the live chart: snapshot
If price breaks above this liquidity area, we could see an extended bullish leg – so don't miss the momentum.

✅ Action Plan:
🔹 Move SL to Entry (BE)
🔹 Let the trade breathe – aim for full TP!
🔹 Patience and precision = profit 📊

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