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GBPUSD

GBP/USD: A Technical & Fundamental Outlook for March 3, 2025🕒 Market Context & Economic Overview As of March 3, 2025, OANDA:GBPUSD is trading around 1.2602, reflecting a slight recovery from recent declines. The British Pound has been under pressure due to mixed economic data from the UK, while the US Dollar remains strong amid Fed's hawkish stance. UK Economic Indicators: Recent GDP growth figures from the UK showed stagnation, raising concerns about a possible economic slowdown. The BoE's reluctance to cut rates has provided some support for GBP. US Macro Factors: The latest US jobs report exceeded expectations, reinforcing the Federal Reserve’s stance on maintaining higher interest rates for longer. This has strengthened the USD against major currencies. Market Sentiment: Investors remain cautious as geopolitical tensions and inflation concerns weigh on risk appetite. 📊 Technical Analysis 1️⃣ Daily Chart (D1) – Medium-Term Trend Trend: GBP/USD has been in a corrective phase after a strong rally earlier this year. Resistance Levels: 1.2700 (recent high), 1.2750 (major resistance). Support Levels: 1.2500 (psychological level), 1.2350 (long-term support). Indicators: RSI (Relative Strength Index): Currently at 55.27, suggesting neutral momentum. MACD (Moving Average Convergence Divergence): The histogram is slightly positive, but momentum is fading. Volume: Increasing on down days, indicating potential weakness ahead. 📌 Key Takeaway: The overall structure suggests a consolidation phase before the next major move. If GBP/USD breaks below 1.2500, a deeper correction is likely. 2️⃣ 4-Hour Chart (H4) – Short-Term Trend Price Action: GBP/USD recently bounced from 1.2580 but faces resistance near 1.2650. RSI: 43.91, indicating weak bullish momentum. MACD: Slightly bearish, suggesting a potential pullback. 📌 Key Takeaway: GBP/USD is struggling to gain upside traction. If price remains below 1.2650, a test of 1.2550 is likely. 3️⃣ 1-Hour Chart (H1) – Intraday Perspective Short-Term Resistance: 1.2625 (intraday high). Short-Term Support: 1.2580. RSI: 49.27, near the neutral zone. MACD: Slight bullish crossover, but momentum remains weak. 📌 Key Takeaway: The pair is range-bound in the short term. A break above 1.2625 could trigger a move to 1.2650, while a drop below 1.2580 would open the door for 1.2550. 🎯 Trade Strategy & Recommendations 🔹 Buy Setup (Bullish Case): Entry: Above 1.2625 Stop Loss: 1.2580 Take Profit: 1.2675 🔻 Sell Setup (Bearish Case): Entry: Below 1.2580 Stop Loss: 1.2625 Take Profit: 1.2525 📌 Risk Management: Given the current market conditions, traders should adopt a cautious stance, keeping tight stop losses and adjusting positions based on price action. 🔥 Final Thoughts & Market Outlook Short-Term Bias: Neutral to Bearish ⚖️📉 Medium-Term Bias: Consolidation with Downside Risks 🔄 Long-Term Bias: Depends on US Dollar strength & UK macro conditions 🏛️ Traders should keep an eye on upcoming economic data, particularly US ISM Services PMI and UK Inflation Reports, which could drive volatility in GBP/USD.
by fuinvest
GBPAUD longMonthly targets at 2.0350 have not yet been met. Price has shown signs of bullish momentum on the monthly. February monthly closure was very bullish and engulfed January's candlestick, showing that price is due for a bullish move. On the weekly timeframe, we see that price collected buy orders twice at 1.9650 and then we have seen a lot of bullish momentum the past two weeks. Price broke above 2.0250 and hence we know that price is due to move upwards. Price usually moves the opposite direction once a new candlestick forms. So before I buy the pair, I will wait for price to retrace and collect orders before I buy the pair. Price has not formed a bullish confirmation yet, hence I will wait for the confirmation before I act on it. Right now I am sitting on my hands
Long
by allan_mwenja2000
GBPUSD Will Go Lower! Short! Here is our detailed technical review for GBPUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.257. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.235 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBPUSD: The trend of discounts prevails?Hello everyone, great to have you back for today's discussion on GBPUSD! Currently, GBPUSD has extended its decline, trading below 1.2600 as market pressure intensifies. Risk sentiment has worsened following a series of U.S. economic data releases, which indicate weakness in the overall U.S. economy while also signaling a persistent rise in core inflationary pressures. From a technical standpoint, the pair has broken below the ascending trendline, confirming a bearish breakout. The bearish momentum remains strong, with no clear signs of a bottom forming yet. If GBPUSD stages a corrective pullback, it is likely to face resistance around the 0.5-0.618 Fibonacci retracement zone, which aligns with the confluence of EMA 34, EMA 89, and the newly established resistance area. This setup could reinforce selling pressure, making it a key level to watch.
Short
by Trader_LinaScalping
XAU/USD : 1000 Pips Down from ATH, What's Next? (READ CAPTION)By analyzing the gold chart on the one-hour timeframe, we can see that the price, based on the previous analysis, managed to rise by nearly 200 pips but then started to decline from the $2894 zone. Today, we witnessed a price correction down to $2859. This week, gold has experienced a 3.5% correction from its all-time high, with a decline of over 1000 pips. Currently, gold is trading around $2860. The attractive SELL zones are $2894, $2900, and $2906. The attractive BUY zones are $2820, $2833, and $2845. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FX_IDC:XAUUSD
by ArmanShabanTrading
16
GBPUSD is in the Selling Direction after breaking SupporTHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
''GBP/USD Bullish Setup; Key Levels & Targets Ahead'' Technical Analysis of GBP/USD (4H Timeframe) The GBP/USD currency pair is currently exhibiting bullish momentum, trading at 1.26307, with a marginal decline of -0.11%. The price action has demonstrated a steady uptrend, supported by key technical levels and a well-defined trendline. Key Observations: 1. Support Zone Validation - A significant support area has been established around 1.25741, acting as a key level for further upward movement. This level aligns with previous resistance-turned-support, reinforcing its structural importance in the ongoing bullish trend. 2. Ascending Trendline Confluence - The market is respecting an upward-sloping trendline, which continues to act as dynamic support. Any retracement toward this level could present buying opportunities in line with the prevailing trend. 3. Potential Demand Zone (Point of Interest - Buying Area) - A well-defined demand zone is situated around 1.25187, marking a potential area where institutional buyers may step in to support the price. If tested, this region could trigger another bullish leg. 4. Target Areas & Resistance Levels - The primary resistance zone is identified between 1.27159 and 1.28031, marking the next potential price objective. These levels coincide with prior liquidity zones, where sellers may emerge to challenge further upside movement. 5. Gap Analysis & Market Structure - A previously noted gap in price action has been filled, confirming the market’s efficiency in correcting inefficiencies. This adds credibility to the continuation of the upward trend. Outlook & Trading Bias: - The current structure remains bullish, with price action respecting both horizontal and dynamic support levels. - A break and retest of 1.25741 could offer an optimal entry point for buyers, targeting 1.27159 - 1.28031. - A violation of the trendline and 1.25187 support would shift the bias toward a potential corrective pullback, warranting caution among long-position traders. Conclusion: The GBP/USD pair remains poised for further gains, provided key support zones hold. Traders should monitor price reactions at the 1.25741 and 1.25187 levels for confirmation of bullish continuation or potential reversal signals. Don't forget to hit the like button & share your ideas in comments.
Long
by SOAM_PRO_TRADER
GBPUSD H4 | Bearish continuationBased on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.2622, which acts as a pullback resistance. Our take profit will be at 1.2534, which serves as the 1st support level. This level coincides with a 161.8% Fibonacci extension. The stop loss will be placed at 1.2711, a recent swing high that represents a strong resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
1
GBP/USD – Potential Pullback or Breakout?Hello traders! Today, let's analyze the GBP/USD 4H chart and see how this pair is moving. Currently, GBP/USD remains in a steady uptrend within a well-defined parallel channel. The pair is trading around 1.2670, staying above EMA 34 and 89, indicating that buyers are still in control. However, an important factor to watch is that GBP/USD is approaching the upper resistance of the channel, which could lead to a short-term pullback before resuming its upward momentum. If the price tests the channel’s upper boundary and shows signs of rejection, we could expect a corrective move toward the 1.2570 support zone. This would be a key area to watch for potential buying interest. If buyers successfully defend this level, it could offer a great buying opportunity to ride the trend higher. On the flip side, if GBP/USD breaks and closes above the resistance zone, it could signal a strong breakout, opening the door for a move toward new highs. 📌 Trading Strategy Ideas: 🔹 Short-term Sell: Look for a rejection at resistance with bearish signals. 🔹 Trend-Following Buy: Consider buying if price pulls back to key support and shows bullish momentum. Do you agree with this analysis? Drop your thoughts in the comments below!
Short
by Bullback_FX
GBPUSD: Rising within the uptrend channel!Dear traders! GBPUSD is currently moving within a clear ascending channel, maintaining its bullish trend on the 1-hourchart. Looking ahead, if the market conditions remain unchanged, we should consider buy positions in line with the trend. Pay close attention to the psychological resistance level at 1.2700, where GBPUSD may gain further momentum or break through to reach higher targets. Wishing you successful and enjoyable trading!
Long
by Trader_LinaScalping
Bearish drop?The Cable (GBP/USD) has reacted off the pivot and could to the 1st support which is a pullback support that aligns with the 50% Fibonacci retracement. Pivot: 1.2627 1st Support: 1.2524 1st Resistance: 1.2721 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
GBPUSD Daily, H4,H1 Forecasts, Technical Analysis & Trading Idea💡 Daily Timeframe: FX:GBPUSD has been in a Range Bound recently. It touched and rejected from 1.2700 major resistance today. A peak is formed in daily chart at 1.27150 on 02/26/2025, so more losses to support(s) 1.25107, 1.23609, 1.22589 and minimum to Major Support (1.20981) is expected. 💡 Four-hour Timeframe: The uptrend is broken, and price is in an impulse wave. The bearish wave is expected to continue as long as the price is below the strong resistance at 1.2715 💡 One-hour Timeframe: 1.2640 support is broken now. It will act as a Resistance now! A strong bearish divergence has also formed in the RSI. Forecast: Correction wave toward the Sell Zone Another Downward Impulse wave toward Lower TPs SL: Above 1.2715
Short
by Navid_Jafarian
13
Bearish drop?GBP/USD has reacted off the support level which is an overlap support and could drop from this level to our take profit. Entry: 1.2624 Why we like it: There is an overlap support level. Stop loss: 1.2722 Why we like it: There is a pullback resistance level. Take profit: 1.2524 Why we like it: There is a pullback support level that lines up wit 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
GBP/USD Bullish Recovery – Key Levels for a Breakout & ReversalHello, buddies. Given the decline, the price has now established a solid floor, and we expect it to continue growing; nevertheless, we must enter a price correction, therefore we have selected the best possible support point for you... We will wait for a new ceiling to be registered before proceeding with the purchase transaction, but with careful risk and capital management. *Trade safely with us* Overview: The GBP/USD 4-hour chart shows a potential bullish reversal after a significant downtrend. Price has formed a double-bottom pattern and has broken out of a descending trendline, signaling a shift in momentum. The chart highlights key areas of support and resistance that traders should watch for confirmation of a sustained move higher. Key Technical Analysis: Fake Breakout: A false breakdown below the trendline in August led to a sharp recovery, confirming a liquidity grab before a bullish continuation. Trendline Breakout: The price has successfully broken the descending trendline (orange line), indicating potential bullish strength. Support Zones: Blue Zone (~1.2450 - 1.2500): A strong demand area where buyers may re-enter. Purple Zone (~1.2120 - 1.2200): A deeper support level, acting as the last line of defense for bulls. Fibonacci Levels & Targets: 1.2785: First key resistance level. 1.3022: A major resistance and potential breakout zone. 1.3242: Final bullish target if momentum continues. Trade Plan: 📌 Buy Limit Entry: Around 1.2450-1.2500 (if price retests the support zone). 🎯 Target 1: 1.2785 🎯 Target 2: 1.3022 🎯 Target 3: 1.3242 🛑 Stop Loss: Below 1.2400 to minimize risk. Conclusion: The GBP/USD pair is showing signs of a potential bullish reversal. A short-term pullback to the blue support zone could provide an optimal buying opportunity before a strong upward move. However, a break below 1.2400 could invalidate this bullish setup, leading to a deeper correction. 🚀 Bullish Bias if Key Support Holds! 🚀
Long
by NexusTradesZone
GBPAUD - Catch This Massive 1600pip Swing Trade!GBPAUD is currently in a 335 ABC correction. We are in wave C now and expecting 5 waves. For wave C, we've seen subwave 1 and currently in subwave 2. Expecting subwave 2 to complete soon. We'll be looking for a breakdown to confirm that subwave 3 has started. We're expecting price to stay below invalidation so we'll be keeping our stops above that level for now and then moving it lower (above subwave 2) once subwave 3 has been confirmed. Trade Idea - Watch for completion of subwave 2 - Watch for lower timeframe trendline break, BOS etc, to confirm reversal - once entered, keep stops above invalidation - Targets: 1.92 (1000pips), 1.86 (1600pips) As always, trade safe!
by WicktatorFX
2
GBP/USD Short-Lived Bullish Momentum with a Bearish BiasThe GPBUSD are showing mixed signs across times frames 5min, 15m and 4H but suggests that bullish momentum will be short-lived as price approaches 1.2700. UK economic data has not been the best this week, as car registration data continues to show weakness leading me to believe that consumers are hesitant for bigger purchases. In the bigger picture of things we would likely see slowdowns in key market segments to follow which will pressure the pound over the medium term. Trade Ideas Bullish Trade Idea Entry: Buy on breakout above 1.2700 with strong volume confirmation. Stop-Loss: Below recent structure of 1.2670 Target TP1: 1.2730 short-term resistance Target TP2: 1.2750 key area of interest Risk to Reward: ~1:2 Bearish Trade Idea Entry: Sell on rejection from 1.2700 - 1.2710 Stop-Loss: Above structure high of 1.2715 Target TP1: 1.2625 intraday support Target TP2: 1.2600 psychological level Risk to Reward: ~1:2 From a macro perspective I do favour a bearish trade set-up due to the U.S economic data looking a bit robust, however tariff uncertainty will play against traders in the near to medium term. Because of this I would look for a breakdown of price action if price does not reach near term resistance. Entry Point: GBP/USD breaks below the 1.2650 support level Stop-Loss: slightly above 1.2670 Target TP1: 1.2625 Target TP2: 1.2600
Short
by Shiven_80eight