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GBP (British Pound)

GBP Rebounds on Retail Sales – But USD Still in Control📌 GBP Bounces on Strong Retail Sales, But USD Strength Keeps Pressure On 💷📉 The British Pound (GBP) rebounded on Friday after UK Retail Sales data surprised to the upside. According to the Office for National Statistics (ONS), retail sales rose by 0.4% in March, beating expectations of a -0.4% decline. On a yearly basis, growth accelerated to 2.6%, outpacing the forecast of 1.8%. However, despite the positive data, traders remain confident the Bank of England (BoE) may still cut interest rates by 25 bps to 4.25% in the May meeting, due to persistent global uncertainties and softer inflation expectations. Meanwhile, the US Dollar (USD) gained ground across the board as trade tensions between the US and China appeared to ease. Durable Goods Orders in the US jumped by 9.2% in March — a clear sign of business confidence and policy impact. 📊 Technical Outlook – GBP/USD GBP/USD briefly recovered from an intraday low of 1.3280 but remains under pressure near key resistance. On the upside, the psychological barrier at 1.3500 remains a major hurdle. To the downside, the April 3rd high around 1.3200 now acts as strong support. 💼 Trading Plan 🟢 BUY ZONE: Entry: 1.32500 SL: 1.32000 TP: 1.33300 🔴 SELL ZONE: Entry: 1.34180 SL: 1.34700 TP: 1.33500 📌 Stay alert ahead of key BoE guidance and further US-China headlines — volatility may increase as we head into May.
Short
by MMFlowTrading
GBPCHF INTRADAY bearish oversold rallyThe GBP/CHF currency pair remains under bearish pressure, in line with the broader downtrend. Recent price movement reflects an oversold rally that stalled near a key resistance level at 1.1120, which previously acted as an intraday consolidation zone. This level now serves as a crucial pivot. If price fails to break above 1.1120 and faces rejection, it could trigger a continuation of the bearish trend with downside targets at: 1.0690 – Initial support 1.0600 – Medium-term target 1.0460 – Long-term support level On the flip side, a confirmed breakout and daily close above 1.1120 would invalidate the bearish bias. This would open the door for a recovery toward: 1.1200 – First resistance above the breakout 1.1250 – Key upside target Conclusion The bearish bias remains intact below 1.1120, with oversold rallies likely to attract selling interest. A daily close above 1.1120 would be a bullish signal, potentially shifting momentum toward higher resistance levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
GBPUSD - Will the dollar go up?!The GBPUSD pair is above the EMA200 and EMA50 on the 4-hour timeframe and is moving in its ascending channel. If the pair corrects down towards the demand zone, it can be bought in the direction of its rise. According to the latest Reuters survey of economists, U.S.-imposed trade tariffs have had a significant negative impact on the business environment in the United Kingdom. The assessment suggests that global trade tensions, combined with America’s protectionist policies, have undermined the confidence of British companies and investors in the country’s economic outlook. Market pricing reflects expectations that the Bank of England will cut interest rates by 0.84% over the course of this year. The survey indicates that the UK’s GDP growth for 2025 is expected to average 0.9%, down from the previous estimate of 1%. Growth for 2026 is now projected at 1.2%, also lower than the 1.4% forecast made in March. In terms of monetary policy, there is a strong consensus among economists that the Bank of England is on a gradual path toward easing interest rates. Projections suggest that the base rate will decline by 25 basis points each quarter throughout 2025, reaching 3.75% by year-end. Notably, all 67 economists participating in the poll expect the Bank of England to cut rates by 25 basis points at its May 8 meeting, bringing the rate down to 4.25%. Meanwhile, the U.S.Federal Reserve, in its latest Beige Book release, reported that economic activity across the country has shown “little change.” The report detailed that only five districts experienced “modest growth,” three noted activity was “about flat,” and four reported “slight to moderate declines.” The Fed stated, “The outlook in several districts deteriorated notably due to heightened economic uncertainty, particularly stemming from tariffs.” On employment, most districts experienced “little to slight” increases. One district noted a “modest increase,” four reported “slight gains,” another four observed no change, and three recorded “slight declines” in employment levels. At the same time, prices continued to rise across the country. Six districts described price growth as “modest,” while the other six reported it as “moderate.” The Fed explained that most districts expected input costs to rise further due to tariffs. UBS has issued a warning that Donald Trump’s calls for rate cuts may erode confidence in the Federal Reserve’s independence and fuel greater uncertainty in financial markets. UBS analysts believe that reduced investment and consumption in the U.S. economy are primarily driven by increased economic uncertainty, rather than restrictive monetary policy. They emphasize that markets are highly sensitive to any perceived threats against the Fed’s autonomy, and in the current climate, it is this economic volatility—more than interest rate levels—that is harming the economy.
Long
by Ali_PSND
Bearish drop?The Cable (GBP/USD) is reacting off the pivot which is a pullback resistance and could drop tot he 1st support that lines up with the 38.2% Fibonacci retracement. Pivot: 1.3291 1st Support: 1.3160 1st Resistance: 1.3417 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
1
Bullish bounce?EUR/GBP is falling towards the pivot and could bounce to the 1st resistance. Pivot: 0.8526 1st Support: 0.8447 1st Resistance: 0.8615 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Falling towards overlap support?GBP/USD is falling towards the support level which is an overlap support and could bounce from this level to our take profit. Entry: 1.3203 Why we like it: There is an overlap support level. Stop loss: 1.3056 Why we like it: There is a pullback support level that lines up with the 50% Fibonacci retracement. Take profit: 1.3412 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
GBP/CHF "Pound vs Swiss" Forex Bank Heist Plan (Scalping/Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑 💰💸✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/CHF "Pound vs Swiss" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk ATR & MA Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on! however I advise to Place buy limit orders within a 15 or 30 minute timeframe nearest or swing low or high level for pullback entries. Stop Loss 🛑: Thief SL placed at the recent / nearest low level Using the 1H timeframe (1.08300) swing trade basis. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 🏴‍☠️Primary Target - 1.11200 (or) Escape Before the Target 🏴‍☠️Secondary Target - 1.12500 (or) Escape Before the Target 💰💵💸GBP/CHF "Pound vs Swiss" Forex Bank Heist Plan (Scalping/Day) is currently experiencing a bullishness,., driven by several key factors. ☝☝☝ 📰🗞️Get & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets and Overall outlook score..., go ahead to check 👉👉👉🔗 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
GBPCHF Set To Fall! SELL! My dear friends, Please, find my technical outlook for GBPCHF below: The price is coiling around a solid key level - 1.0950 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.0844 Safe Stop Loss - 1.1013 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
LONG GBP/CHF Investment Opportunity Hello, I am Trader Andrea Russo, and today I want to share an investment opportunity that I consider extremely interesting: a LONG position on GBP/CHF. In recent months, the GBP/CHF currency cross has shown signs of consolidation and a potential resumption of the bullish trend. In this article, I will analyze in detail the reasons that make this investment promising, the key points to monitor and the strategies to manage risk and maximize profits. Investment Strategy: Main Points Entry: The LONG position is opened at the price of 1.01119, a level that represents an interesting technical area and is located near the recent lows of the market. Stop Loss (SL): To minimize risks, the SL is set at a distance of 0.95%. This level protects us from sudden movements contrary to our direction. Take Profit (TP): The final target is set at 2.83%. This target allows us to capitalize on a significant bullish move. GBP/CHF Technical Analysis Technical analysis provides us with useful tools to understand the historical and future behavior of the market. In the case of GBP/CHF, there are some interesting signals: 1. Support and Resistance Support: The level of 1.01119 is configured as a key support. Historically, the market has respected this area, bouncing on several occasions. This makes it the ideal level to position Long. Resistance: The first significant resistance area is located around 1.03000. If the price breaks this threshold, it is likely to open up room for further bullish movements. 2. Moving Average and Trend The 50 and 200-period moving averages on the daily chart indicate a possible bullish reversal. GBP/CHF is attempting to break above the short-term moving average, an encouraging sign for traders looking for Long opportunities. 3. Chart Patterns A potential double bottom is forming on the 4H and daily charts. This pattern is a classic reversal indicator, suggesting growing strength among buyers. 4. Technical Indicators RSI: The RSI indicator is currently in the neutral zone, around 50. A breakout above 60 would confirm the bullish strength. MACD: The MACD oscillator is showing a bullish crossover, with the signal line above zero. This is another sign that the bullish momentum could gain strength. Fundamental Analysis Fundamental analysis is also crucial to support our strategy. 1. Monetary Policies and Interest Rate Differential British Pound (GBP): The Bank of England has recently adopted a restrictive monetary policy, raising interest rates. This could favor an appreciation of the pound against the Swiss franc. Swiss Franc (CHF): Swiss monetary policy, although historically prudent, could be affected by global inflation pressure, but the CHF remains less aggressive in raising rates. 2. Economic Context Consumer confidence in the UK is recovering, and recent data shows stable GDP growth. These factors support a possible strengthening of the pound. On the other hand, the Swiss franc is influenced by increased demand for safe haven currencies, but could come under pressure in the context of a global economic recovery. Risk Management The most important aspect of any trading strategy is risk management: Risk-Reward Ratio: With a SL of 0.95% and a TP of 2.83%, the risk-reward ratio is very favorable, above 1:3. Diversification: This trade should be part of a diversified portfolio to minimize global risks. Conclusions Investing in GBP/CHF with a LONG position at 1.01119 represents an interesting opportunity based on both technical and fundamental analysis. The combination of key levels, technical signals and economic context suggests a potential bullish movement. However, let's remember that the market is unpredictable, and good risk management is essential. I hope this analysis is useful for your trading strategy. If you have any questions or want to share your point of view, do not hesitate to do so in the comments!
Long
by Andrea_Russo_SwipeUP
Potential bullish rise?GBP/CHF has reacted off the pivot which is a pullback resistance and could rise tot he 1st resistance which is a pullback resistance. Pivot: 1.0889 1st Support: 1.0784 1st Resistance: 1.1094 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bullish rise?GBP/CAD is reacting off the pivot and could rise to the pullback resistance that lines up with the 78.6% Fibonacci projection. Pivot: 1.8469 1st Support: 1.8316 1st Resistance: 1.8741 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
Bearish reversal off overlap resistance?The Cable (GBP/USD) is rising towards the pivot which is an overlap resistance and could reverse to the 1st support. Pivot: 1.3417 1st Support: 1.3102 1st Resistance: 1.3637 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets