🧠 Last Idea Recap from Early Feb 2025:
- We previously caught a multi-leg upside off the bottom channel (~1.2550) with over 350 pips in structured recovery.
- Price is now grinding within upper consolidation, testing the 1.3315–1.3350 supply shelf.
Note: Check out the previous Idea from related publications to verify.
Update: GBPUSD has now delivered over 1000+ pips in swing structure from the bottom breakout (1.2550s), with even more gains harvested through intra-day and scalp setups inside this multi-week ascending channel.
Recent UK macro strength (GDP beat across MoM, QoQ, YoY) injected new life into price action, adding fundamental confluence to the clean bullish technicals already building. Price continues to respect the rising structure with higher lows and controlled consolidation near a breakout shelf at 1.3350–1.3375.
🔍 Current Structure :
- Bullish flag forming near key supply zone
- No sign of distribution or exhaustion
- Channel still intact, buyers defending every dip
Next Leg:
- Break and hold above 1.3375 could fuel another 100–150 pip run toward 1.3470 and eventually 1.3550+
- Short-term traders: watch for a stop-hunt sweep before the real move
Entry Notes:
- Use lower timeframes (4H/1H) for confirmation wicks, volume spikes, or engulfing candles
- Avoid getting trapped on the first breakout candle—look for retest/reclaim plays
Whether you’re swinging or scalping, this pair has remained one of the cleanest GBP structures in months, and this ride might not be over yet.
- We previously caught a multi-leg upside off the bottom channel (~1.2550) with over 350 pips in structured recovery.
- Price is now grinding within upper consolidation, testing the 1.3315–1.3350 supply shelf.
Note: Check out the previous Idea from related publications to verify.
Update: GBPUSD has now delivered over 1000+ pips in swing structure from the bottom breakout (1.2550s), with even more gains harvested through intra-day and scalp setups inside this multi-week ascending channel.
Recent UK macro strength (GDP beat across MoM, QoQ, YoY) injected new life into price action, adding fundamental confluence to the clean bullish technicals already building. Price continues to respect the rising structure with higher lows and controlled consolidation near a breakout shelf at 1.3350–1.3375.
🔍 Current Structure :
- Bullish flag forming near key supply zone
- No sign of distribution or exhaustion
- Channel still intact, buyers defending every dip
Next Leg:
- Break and hold above 1.3375 could fuel another 100–150 pip run toward 1.3470 and eventually 1.3550+
- Short-term traders: watch for a stop-hunt sweep before the real move
Entry Notes:
- Use lower timeframes (4H/1H) for confirmation wicks, volume spikes, or engulfing candles
- Avoid getting trapped on the first breakout candle—look for retest/reclaim plays
Whether you’re swinging or scalping, this pair has remained one of the cleanest GBP structures in months, and this ride might not be over yet.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.