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GBP (British Pound)

Bullish bounce?GBP/JPY is falling towards the support level which is a pullback support that is slightly above the 100% Fibonacci projection and could bounce from this level to our take profit. Entry: 191.97 Why we like it: There is a pullback support level that is slightly above the 100% Fibonacci projection. Stop loss: 190.39 Why we like it: There is a pullback support level that lines up with the 138.2% Fibonacci extension. Take profit: 196.27 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
Bullish bounce off 50% Fibonacci support?GBP/USD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.3536 Why we like it: There is a pullback support level that lines up with the 50% Fibonacci retracement. Stop loss: 1.3510 Why we like it: There is a pullback support level that is slightly below the 78.6% Fibonacci retracement. Take profit: 1.3590 Why we like it: There is a pullback resistance level that aligns with the 138.2% Fibonacci extension. 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
PMI Divergence & ECB Rate Decision Looms:0.84 Key Level in PlayEURGBP 04/06 – PMI Divergence & ECB Rate Decision Looms: 0.84 Key Level in Play EUR/GBP is hovering around the 0.8420 mark after mixed PMI releases from the Eurozone and Germany. Traders are cautiously awaiting the ECB’s interest rate decision this Thursday, while the Bank of England signals potential easing — but remains non-committal on timing. 🌍 MACRO OUTLOOK Eurozone & German PMI: Eurozone Composite PMI eased to 50.2, still above forecasts (49.5) but reflecting slowing momentum. German Composite dropped to 48.5; Services fell further to 47.1 — signaling contraction risk in Europe’s largest economy. ECB Dovish Expectations: Core inflation fell to 1.9% YoY in May — below the 2% ECB target for the first time in eight months. Markets are fully pricing in a 25bps rate cut this week. BoE Shifts Cautiously Dovish: Governor Andrew Bailey acknowledged that monetary easing is likely, but warned of "uncertainty ahead." The MPC is split — some fear sticky inflation; others warn that rates staying too high too long may damage growth. Market Sentiment: EUR remains pressured by ECB dovish expectations. GBP is also under pressure from weak UK macro indicators and global trade tensions. 📉 TECHNICAL OUTLOOK (H1 Chart) Price is consolidating near the EMA200 (0.8409) — a crucial dynamic support. A tight sideways range has formed; 0.8408 is a key horizontal level to watch for breakout/breakdown confirmation. Break below 0.8408 could send price toward Fibo 1.618 at 0.8383 or psychological support at 0.8373. If bulls defend 0.8408, we may see a bounce toward 0.8429 → 0.8449 resistance zone. 🔑 KEY TRADE ZONES 🟢 BUY ZONE: 0.8380 – 0.8373 SL: 0.8358 TP: 0.8400 → 0.8415 → 0.8429 → 0.8435 🔴 SELL ZONE: 0.8448 – 0.8450 SL: 0.8460 TP: 0.8435 → 0.8420 → 0.8408 → 0.8388 ⚠️ TRADE STRATEGY Watch the 0.8408 area closely. If price holds → short-term BUY scalp opportunities. If it breaks strongly → consider SELL toward lower Fibo/structure levels at 0.838x. Be cautious around ECB release — avoid trading during the spike. Wait for structure confirmation post-news. 📌 CONCLUSION "EUR/GBP is entering a critical zone near 0.8400. With ECB and BoE both leaning dovish, expect increased volatility. Hold or break at this key level will likely define the next directional leg. Stay patient and let the market show its hand."
Short
by MMFlowTrading
Potential bullish rise?GBP/JPY has reacted off the pivot and could rise to the 145% Fibonacci resistance. Pivot: 194.43 1st Support: 193.80 1st Resistance: 195.61 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
2
Bullish bounce off 61.8% Fibonacci support?GBP/CHF is falling towards the pivot, which is a pullback support and could bounce to the 1st resistance, which acts as a pullback resistance. Pivot: 1.1093 1st Support: 1.1056 1st Resistance: 1.1180 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
GBPUSD – Is the Recovery Losing Steam? GBPUSD – Is the Recovery Losing Steam? Watch for Technical Pullback Ahead of NFP The GBPUSD pair has recently rebounded impressively from the 1.3427 key support zone, reflecting short-term USD weakness and growing speculation of rate cuts by the Fed. However, after the strong bullish move, the market is now showing signs of exhaustion and potential profit-taking—especially with high-impact US employment data just around the corner. 🔍 Macro & Fundamental Overview: United States: All eyes are on this week’s JOLTS and Non-Farm Payrolls (NFP) reports. Weak jobs data could strengthen the case for rate cuts by the Fed in Q3, weighing on the US Dollar. On the flip side, a solid print would revive “higher for longer” rate expectations and likely support USD strength. United Kingdom: Although inflation remains above the Bank of England’s 2% target, political uncertainty ahead of July’s general election may keep GBP on the defensive, especially if BoE signals a dovish turn. Bond Yield Spread (UK vs US): A widening spread in favor of the USD is exerting downward pressure on GBPUSD in the medium term. 📈 Technical Outlook (H1 Chart): Structure: Price has formed a double-top pattern at 1.35598 and 1.35322, with multiple rejections—signaling a weakening bullish momentum after a sustained rally. EMA 13 – 34 – 89 – 200 Setup: Price is currently testing the EMA89 zone (~1.34854). A clean break below this moving average could accelerate the downside correction. FVG Zone (Liquidity Pool): The 1.3427 – 1.3457 area offers a potential liquidity sweep and may serve as a springboard for the next bullish leg. 📊 Trade Scenarios: 🔻 Short-Term SELL SCALP: Entry: 1.3532 – 1.3545 Stop Loss: 1.3565 Take Profit: 1.3485 → 1.3457 → 1.3427 → Ideal if price fails to hold above recent highs and forms bearish rejection candles. 🔵 BUY ZONE Setup: Entry: 1.3427 – 1.3440 Stop Loss: 1.3400 Take Profit: 1.3475 → 1.3505 → 1.3535 → 1.3555 → High-probability entry if price reacts positively to the FVG zone and maintains bullish structure. 📌 Final Thoughts: GBPUSD is currently in a delicate zone where both technical and macro forces are converging. While the broader trend remains bullish, momentum is slowing. With critical US jobs data due, traders should stay cautious and rely on clear confirmations around key price levels. Maintain strict risk management and look for liquidity-driven moves around FVG zones.
Short
by MMFlowTrading
GBPJPY LONG FORECAST Q2 W23 D3 Y25GBPJPY LONG FORECAST Q2 W23 D3 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Daily order block ✅15' order block ✅Intraday breaks of structure ✅4H 50 EMA rejection 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
Potential bearish drop?GBP/USD has rejected off the reistance level which is a pullback resistance and could drop from this level to our take profit. Entry: 1.3551 Why we like it: There is a pullback resistance level. Stop loss: 1.3590 Why we like it: There is a pullback resistance level. Take profit: 1.3446 Why we like it: There is an overlap support 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.
Short
by VantageMarkets
GBP/USD Bullish Channel Holding–Pullback Before the Next Leg Up?This is a 4-hour chart of the British Pound vs US Dollar (GBP/USD) from FXCM, showing a strong bullish market structure within a rising parallel channel. 🔍 Key Technical Insights: Uptrend Channel: Price has been consistently making higher highs and higher lows within a well-defined ascending channel. Support Zones: Three horizontal levels are marked at 1.348, 1.333, and 1.326 — likely acting as short-term demand zones or reaction points. Projection Path (Red Line): A pullback into the lower part of the channel (likely near 1.333–1.326 zone) is anticipated, followed by a bullish continuation toward the upper channel resistance. 🧭 Market Outlook: Bias: Bullish while above channel support. Buy Area: Ideal long setup may develop around the 1.333–1.326 support region. Target Zone: Potential continuation toward 1.410+ if the structure holds. This chart favors trend continuation after a correction, aligning with smart money accumulation and institutional flow behavior within a bullish channel.
Long
by Ttrade-With-Logic
Potential bearish drop?GBP/USD has reacted off the resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.3346 Why we like it: There is a pullback resistance level that aligns with the 50% Fibonacci retracement. Stop loss: 1.3591 Why we like it: There is a pullback resistance level. Take profit: 1.3346 Why we like it: There is a pullback support level that lines up with the 50% Fibonacci retracement. 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.
Short
by VantageMarkets
Falling towards 61.8% Fibonacci support?The Cable (GBP/USD) is falling towards the pivot and could bounce to the 1st resistance, which is a pullback resistance. Pivot: 1.3314 1st Support: 1.3159 1st Resistance: 1.3566 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
GBPJPY Weekly overview Jun 1, 2025 – Jun 7, 2025BOJ Gov Ueda Speaks could make market move faster in its direction. avoid trading around his speech. ******************************************************************* The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones. Some of these points can also be confirmed by the mathematical intervals of Murray. You can enter with/without confirmation. IF you want to take confirmation you can use LTF analysis, Spike move confirmation, Trend Strength confirmation and ETC. SL could be placed below the zone or regarding the LTF swings. TP is the next zone or the nearest moving S&R, which are median and borders of the drawn channels. ******************************************************************* Role of different zones: GREEN: Just long trades allowed on them. RED: Just Short trades allowed on them. BLUE: both long and short trades allowed on them. WHITE: No trades allowed on them! just use them as TP points
by AliSignals
2
GBPUSD Weekly overview Jun 1, 2025 – Jun 7, 2025We are approaching a strong HTF reversal level from lower prices. It means we might have some unexpectable strong bearish players in the market. I'll take a little less than normal for the bullish trades. While the mid-term overview indicates us a bullish trend some bearish move won't surprise me. ******************************************************* The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones. Some of these points can also be confirmed by the mathematical intervals of Murray. You can enter with/without confirmation. IF you want to take confirmation you can use LTF analysis, Spike move confirmation, Trend Strength confirmation and ETC. SL could be placed below the zone or regarding the LTF swings. TP is the next zone or the nearest moving S&R, which are median and borders of the drawn channels. ******************************************************************* Role of different zones: GREEN: Just long trades allowed on them. RED: Just Short trades allowed on them. BLUE: both long and short trades allowed on them. WHITE: No trades allowed on them! just use them as TP points
by AliSignals
2
EURGBP Megaphone bottom. Strong buy opportunity.The EURGBP pair is trading within a Bullish Megaphone since the start of the year. For the past 2 weeks it has been ranging within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). This is technically the bottom formation of the pattern on its new Higher Low, as the 1D RSI has been printing the same sequence as February's which priced the previous Higher Low. We are expecting at least a Resistance 1 test at 0.87400. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
4
GBPJPY - Bearish Control, Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉As per our last GBPJPY analysis (attached on the chart), it rejected the upper red trendline and traded lower. What's next? GBPJPY is currently retesting the upper bound of the falling red channel again. Moreover, the green zone is a strong structure and resistance. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of structure and upper red trendline acting as a non-horizontal resistance. 📚 As per my trading style: As #GBPJPY is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TheSignalyst
9
Falling towards 61.8% Fibonacci support?The Cable (GBP/USD) is falling towards the pivot, which serves as pullback support and could bounce to the 1st resistance, which acts as pullback resistance. Pivot: 1.3315 1st Support: 1.3159 1st Resistance: 1.3586 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
GBPCHF My Opinion! SELL! My dear friends, My technical analysis for GBPCHF is below: The market is trading on 1.1144 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.1126 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. 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
1
GBPCHF INTRADAY bearish below 1.1230The GBP/CHF currency pair is currently exhibiting a bearish sentiment, aligned with the broader downtrend. Recent price action shows the market is in a sideways consolidation phase, indicating a potential pause before the next directional move. Key Trading Level: 1.1230 This level marks a prior intraday consolidation zone and serves as a critical resistance area within the current trend context. Bearish Scenario (on rejection from 1.1230): A failed test of 1.1230 resistance would likely reinforce bearish momentum. Downside support targets include: 1.1100 – Initial support 1.1050 – Next structural support 1.0980 – Long-term bearish target Bullish Scenario (on breakout above 1.1230): A confirmed breakout and daily close above 1.1230 would invalidate the bearish structure. In that case, potential upside targets include: 1.1300 – Key resistance level 1.1370 – Higher resistance from previous reversal zones Conclusion The medium-term outlook for GBP/CHF remains bearish, with 1.1230 acting as a decisive pivot level. As long as price stays below this threshold, downside continuation toward 1.1100 and beyond remains favored. However, a clear breakout above 1.1230 on a daily closing basis would shift the sentiment and open the door for a bullish correction toward 1.1300–1.1370. Traders should monitor the 1.1230 level closely for directional confirmation. 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