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GBPUSD

GBPUSD Analysis 4/14 at 7:11pm I've been closely watching GBP/USD, and as of now, the pair is trading at 1.31771. Based on my technical analysis and upcoming market events, I believe the best trade setup is a short position, but only after confirming a rejection near 1.316–1.317. Why This Short Trade Makes Sense Overbought Conditions The daily RSI is at 76.08, meaning the pair is in overbought territory. This increases the likelihood of a pullback rather than a continued rally. Other momentum indicators (like Stochastic RSI) show that buying pressure is weakening, further supporting the case for a reversal. Key Resistance at 1.320 Price has tested 1.320 multiple times but failed to break above it, reinforcing this area as strong resistance. The recent high at 1.31998 showed rejection, indicating that bullish momentum is struggling. Upcoming Fundamental Events The UK retail sales data exceeded expectations, providing some short-term support for GBP. However, upcoming major US economic releases—including Empire State Manufacturing and Retail Sales—could shift sentiment. With Fed Chair Powell speaking on April 16, volatility is expected, and I prefer to wait for these catalysts before fully committing to a position. My Trade Plan Entry: I’ll wait to sell GBP/USD after confirming rejection at 1.316–1.317. Final Thoughts I’m waiting for clear price rejection before entering. If GBP/USD struggles to break higher and starts reversing at 1.316–1.317, that’s my signal to short. At the same time, I’ll watch how the upcoming economic events influence market sentiment—especially the US retail sales data and Powell’s speech. This approach ensures I’m trading based on confirmation rather than speculation, reducing the risk of entering prematurely.
Short
by Sel_Ali
Last Week’s FX Recap: April 7–11 (Zone Reactions & Trade Notes)📈 Weekly Forex Recap – Market Reactions & Lessons (Apr 7–11) Last week there were about +320 pips of reaction potential (excluding Gold, which I was completely off on). There were multiple opportunities to capture solid intraday or swing setups. 3 out of 6 weekly targets were hit. 5 out of 6 trend biases were either accurate or neutral —meaning no major misreads, aside from one or two volatile zones. The only pair that really got me was Gold. Let’s run it back real quick: ✅ AUDJPY Bearish bias accurate. 30 pip reaction off zone with just 1 pip drawdown. Weekly target hit. ✅ NZDJPY Bearish bias accurate. Weekly target hit, though price never reached the watch zone. No setup triggered, but direction was respected. ⚠️ EURUSD Range-bound bias played out majority of the week. Gave about 90–100 pip drop from the hot zone mentioned. Weekly target came close but didn’t hit. ⚠️ GOLD Watch zone completely failed. Short-term bounce gave 480 pip reaction—but that volatility was tough to catch cleanly. Directional bias wasn’t helpful here. Gold was chaos. ✅ EURGBP Cleanest setup of the week. Bias was bullish, price tapped the buy zone and ran 100 pips. Weekly target hit. Textbook move. ⚠️ GBPUSD Consolidation-heavy. Watch zone gave 100 pip reaction, but weekly target didn’t hit. Bias was unclear—no real conviction either way. 📉 Total Zone Reaction Potential: 320 pips 🎯 Weekly Targets Hit: 3/6 📊 Trend Accuracy: 50% (3 clear hits, 2 neutral, 1 miss) But that’s done now. Whether you hit it last week or fumbled the ball, let it go. We trade forward. Eyes up. Mind clear. Time to dive into the new week. Let’s get it. 👊
CAPITALCOM:DXY
by elevatedinvestor
GBP/USD Breaking Key Fib Level, Bulls Eye September HighsThe British pound surged through the 78.6% Fib retracement near 1.3149, extending its post-breakout rally with a +0.77% daily gain. Price is now on track to test the September swing high at 1.3440 — the next major resistance zone. 📈 Price has reclaimed both the 50- and 200-day SMAs 📊 MACD is showing bullish momentum above the zero line 📍 RSI sits at 64.98 — bullish, but nearing overbought territory As long as GBP/USD holds above 1.3149, the path of least resistance remains higher. A clean break above 1.3440 would confirm a major trend reversal and open the door to a broader bullish cycle. -MW
by FOREXcom
1
GBPUSD Analysis 4/14/2025 1:35pmI've been closely watching GBP/USD, and as of now (with the pair trading around 1.31808), I see it moving within a tight consolidation range—roughly between 1.307 and 1.320. Given that I'm near the upper end of this range, I feel that jumping in right away could expose me to potential reversals or whipsaw moves. My plan is to take a short position, but only after the market pulls back to around 1.316. I view that level as a more attractive entry point since it’s toward the lower side of the current consolidation. This strategy offers me a better risk/reward setup; I can tighten my stops (placing a stop loss above recent highs around 1.320) while aiming for a move down toward the support area, which I expect could be around 1.304–1.305 if the sell-off continues. In addition, there are several high-impact economic events coming up for both the UK and US—ranging from GBP retail sales and employment data to key US manufacturing, retail sales, and even a speech from Fed Chair Powell. With all that volatility on the horizon, I prefer to wait and see how the news plays out. This way, I can avoid being caught in erratic moves and let market sentiment become clearer before I commit to my trade. To sum it up: I'm planning to short GBP/USD by waiting for a pullback to about 1.316, with a stop set just above 1.320, and a target closer to the lower support around 1.304–1.305. This approach takes into account the current consolidation, technical signals (like overbought conditions), and the upcoming fundamental catalysts that could swing the market.
Short
by Sel_Ali
NZD/USD Approaches 0.5900 – Critical Test for Bulls Ahe🧭 Overview: The NZD/USD pair showed notable bullish strength on Monday, April 14, 2025, opening at 0.5830, hitting a high of 0.5900, and closing near 0.5885. This upward movement marks a potential shift in sentiment after a prolonged period of consolidation, driven by a weaker U.S. dollar and increased risk appetite among investors. 📈 Current Market Structure: The pair broke above the consolidation range and is now trading near a key resistance zone around the 200-day moving average. The recent bullish candle indicates strong buyer momentum, suggesting that a medium-term trend reversal may be underway. 🔹 Key Resistance Levels: 0.5900: Psychological level and the 200-day SMA. A daily close above this may confirm a shift in long-term trend. 0.5955: A former swing high, acting as the next resistance for bulls. 0.6000 – 0.6040: Major resistance zone. A breakout here could confirm full bullish reversal and open room for extended gains. 🔸 Key Support Levels: 0.5823: Recent swing low and intraday support. Holding above this level maintains short-term bullish bias. 0.5760: Intermediate support. A break below this could expose the pair to deeper corrections. 0.5700: Major support level, aligning with previous structure lows from February 2024. Source: DailyFX, Investing.com 📐 Price Action Patterns: Recent bullish candles have broken key resistance within a sideways range, indicating increased demand for the kiwi dollar. The breakout above 0.5850 confirms momentum, while the lack of overbought signals on RSI and MACD crossover further support the continuation of the move. However, price faces a major test at the 0.5900 area. 🔮 Potential Scenarios: ✅ Bullish Scenario: If NZD/USD maintains above 0.5823 and successfully breaks above 0.5900, the pair could extend gains toward 0.5955 and 0.6000. This scenario may be supported by weaker U.S. dollar sentiment and stabilization in global risk sentiment. ❌ Bearish Scenario: If the pair fails to hold above 0.5823, it may decline toward 0.5760. A break below this level opens the door to test 0.5700, which would invalidate the current bullish breakout structure. 📌 Conclusion: NZD/USD is showing signs of bullish recovery, supported by a breakout above consolidation and increased technical momentum. The area around 0.5900 will be critical — a successful close above it could mark the beginning of a new bullish phase. Traders should watch price action closely near this resistance zone and adjust strategies accordingly. 🗓️ Note: This analysis is based on market data available as of April 14, 2025. Always follow up with the latest price action and news events before making trading decisions.
Long
by Saeed966
15
GBPUSD Analysis Update 4/14 10:18am, pending confirmationI've been closely analyzing GBP/USD this week, and here's my updated view based on all the technical indicators and fundamental data. Price Action & Key Levels Right now, GBP/USD is trading at 1.31537, after rejecting 1.320 resistance earlier in the session. The market made a strong attempt to break above 1.320, but sellers stepped in, causing a pullback. Given this rejection, I'm watching 1.317 closely—if price fails to reclaim that level, a bearish continuation toward 1.312–1.310 becomes increasingly likely. Technical Indicators & Market Signals Momentum & Trend Strength RSI: Short-term signals suggest price is consolidating (RSI at 48.78), while the daily RSI (76.08) indicates overbought conditions, meaning a larger pullback may be ahead. Aroon Oscillator: Weakening bullish strength, suggesting trend exhaustion. ADX: At 10.1 (1-hour), showing weak trend momentum, meaning price might stay range-bound or reverse lower. MACD: Mixed signals—some divergence appears, showing signs of a potential downward move. Fibonacci Retracement Levels (From 1.320 High) 23.6% retracement: 1.3172 → Minor resistance zone. 38.2% retracement: 1.3158 → Current price zone. 50% retracement: 1.3143 → Potential short-term support. 61.8% retracement: 1.3129 → Stronger support level. 78.6% retracement: 1.3110 → Critical breakdown point. If GBP/USD fails to reclaim 1.317, I anticipate further downside toward 1.312–1.311, where stronger support exists. Bollinger Bands Confirmation Upper Band (~1.320): Acted as resistance—price rejected this zone, confirming sellers stepped in. Middle Band (~1.315–1.316): Price hovering here—neutral consolidation phase. Lower Band (~1.312–1.313): If price breaks below 1.314, downward momentum is likely toward this level. Fundamental Factors Supporting Bearish Bias GBP Weakness: Expected softer BRC Retail Sales, Employment Change, and Inflation Rate data, which could weigh on GBP/USD. USD Strength: Strong Retail Sales figures and upcoming Fed Chair Powell’s speech might bolster the Dollar, adding further downside pressure to GBP/USD. Trade Setup & Execution Strategy Bearish Case: If GBP/USD fails at 1.317, I’ll look to enter short below 1.3155, targeting 1.312 or lower. Bullish Case: If GBP/USD reclaims 1.317, buyers could push price back toward 1.320 resistance. Conclusion At the moment, GBP/USD is at a decision point—while short-term indicators suggest some consolidation, rejection at 1.320 confirms bearish pressure. If sellers hold control, I expect price to move toward 1.312–1.311 in the coming sessions, making a short setup favorable. However, if price reclaims 1.317, buyers may attempt another test of 1.320 resistance.
Short
by Sel_Ali
XAU/USD: A Huge Fall Ahead? (READ THE CAPTION)By re-examining the gold chart on the 30-minute timeframe, we can see that the price once again moved exactly as expected and finally managed to rise back above $3100, reaching as high as $3136.5! Currently, gold is trading around $3120, and I expect we will soon see further decline in gold. The potential downside targets are $3115, $3105, and $3100 respectively. This analysis will be updated again! The Last Analysis :
FX_IDC:XAUUSDShort
by ArmanShabanTrading
23
GBP/USD At Interesting Area To Sell , Should We Sell Now ?Here is my Opinion About GBP/USD , I Have an old res and the price respect it 100% and gave us a very good bearish P.A , So i think we have 2 places to sell it , first one if the price back to retest my res level 1.31750 and if the price give us a good bearish price action we can enter and targeting 200 pips . if the price didn`t back to retest the res level we can wait he price to close below support with 4h candle and then we can enter a sell trade with the same target .
Short
by FX_Elite_Club
DeGRAM | GBPUSD retest of resistanceGBPUSD is in an ascending channel between the trend lines. The price has approached the resistance level, which has already acted as a pullback point. The chart formed an ascending wedge and kept the harmonic pattern relevant. On the 4H Timeframe, the indicators indicate a bearish divergence. We expect a pullback in case of consolidation under the resistance. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Short
by DeGRAM
1
Gold Forms Triple Top and Breaks Channel Bearish Cont' PlayThis chart of XAU/USD (Gold vs USD) on the 15-minute timeframe shows a clear bearish setup forming after a strong upward channel. Here’s a quick breakdown: - Trend Structure: Price was moving within a rising channel, but has now broken below the lower boundary of that channel, signaling a possible shift in trend. - Triple Top Pattern: Three peaks marked as "TOP 1", "TOP 2", and "TOP 3" suggest a strong resistance zone and bearish reversal potential. - Break of Structure (BoS): Several BoS labels indicate bearish breaks in market structure, supporting the downside bias. - Projected Move: The chart suggests a pullback to retest the broken channel and then a continuation downward. - Bearish Targets: The key downside levels are marked at 3187, 3177, and 3151 , which align with previous support zones. Overall, this chart signals a likely bearish continuation if price respects the retest zone and fails to reclaim the channel.
OANDA:XAUUSDShort
by TRADE_CENTER_1
GBPUSD INTRADAY Bullish breakout supported at 1.3014GBP/USD maintains a bullish bias, with the broader trend and structure supporting upside continuation. The recent intraday move appears to be a bullish breakout toward a key prior consolidation area. Key Support: 1.3014 – aligns with the previous consolidation zone and potential bullish inflection point. Upside Targets: 1.3255 – initial resistance level 1.3328 and 1.3418 – medium to long-term bullish targets If price finds support at 1.3014 and forms a bullish reversal, it would confirm the continuation of the uptrend toward the mentioned resistance levels. However, a break and daily close below 1.3014 would invalidate the bullish scenario, suggesting deeper retracement toward 1.2980, with further support at 1.2900 and 1.2815. Conclusion GBP/USD remains bullish above 1.3014. Look for a bounce from this level to confirm upside continuation. A daily close below 1.3014 would turn the outlook bearish, exposing lower support 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 today should buy or sell?GBP/USD continues to build on its bullish momentum, reclaiming the 1.3100 level on Monday morning. The ongoing weakness of the U.S. dollar suggests that the path of least resistance for this pair remains to the upside. The key monthly employment report is set to be released on Tuesday, followed by the latest consumer inflation data on Wednesday. In addition, investors this week will also face the release of U.S. monthly Retail Sales figures and pay close attention to a speech by Federal Reserve Chairman Jerome Powell — a speech that could play a crucial role in shaping the USD’s price dynamics. These events are expected to provide meaningful catalysts for the GBP/USD pair in the latter part of the week.
Long
by Jack97_Trading
GBP/USD 4H Chart Analysis – Bullish Reversal from Demand ZoneGBP/USD 4H Chart Analysis Current Price: 1.27883 Timeframe: 4H (OANDA) Key Zones: 🟦 Demand Zone (Support Area): 📍 Between 1.26873 (🔻 Stop Loss) and current price This is where buyers are expected to step in and push the price higher. 🚀 Expected Move: The price is consolidating in the demand zone and might breakout upward. ➡️ Possible path: 1. Small pullback within demand zone 2. 📈 Breakout up to 1.29162 (🔵 First Resistance) 3. 📈 Continuation up to 1.31083 (🎯 Target Point) Important Levels: 🔻 Stop Loss: 1.26873 (If price drops below this, setup is invalid) 🛑 Mid-Resistance Level: 1.29162 (Might face temporary selling pressure here) 🎯 Target Point: 1.31083 (Take-profit zone) Conclusion: 📉 If price breaks below 1.26873 → trade invalid ❌ 📈 If price holds and breaks above resistance → bullish potential ✅ Risk/Reward setup looks favorable from demand zone to target
Long
by Jameshead007
3
Fundamental Market Analysis for April 14, 2025 GBPUSDThe initial market reaction to US President Donald Trump's decision last week to suspend sweeping reciprocal tariffs for 90 days was short-lived amid heightened fears of a US recession amid an escalating trade war between the US and China. China's 84 per cent tariffs on US goods went into effect on Thursday, and Trump raised duties on Chinese imports to an unprecedented 145 per cent. Given that the US still imports a number of hard-to-replace materials from China, these developments have weakened confidence in the US economy. Meanwhile, data released last week showed that the US consumer price index (CPI) declined 0.1% in March, while core CPI rose +2.8% year-on-year, below consensus forecasts. In fact, markets are now pricing in the likelihood of a 90 basis point rate cut before the end of this year. Conversely, investors believe the likelihood of a Bank of England (BoE) interest rate cut next month is slightly less likely. The aforementioned favourable fundamental backdrop supports a positive outlook for spot prices in the near term, although bulls seem reluctant to make aggressive bets and prefer to wait for important UK macro releases. Tuesday will see the release of the all-important monthly employment report, followed by the latest consumer inflation data on Wednesday. In addition, this week investors will be keeping an eye on the release of monthly US retail sales data and Fed Chairman Jerome Powell's speech, which will play a key role in influencing dollar price action. This, in turn, should give a significant impetus to the GBP/USD pair in the second half of the week. Trading recommendation: BUY 1.3130, SL 1.3010, TP 1.3310
Long
by Fresh-Forexcast2004
GBPUSD H4 | Rising toward the key resistanceBased on the H4 chart analysis, the price is falling toward our buy entry level at 1.3013, a pullback support. Our take profit is set at 1.3260, a pullback resistance. The stop loss is placed at 1.2864, a pullback support. 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 (tradu.com): 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 (tradu.com): 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 Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
GBPUSD Are the Bears back? I've been analyzing GBP/USD closely, and here's my outlook for this week. The pair is currently trading at 1.31123, testing a significant resistance zone that has been crucial in recent sessions. Technically, short-term indicators show overbought conditions—the RSI on the 1-minute chart is at 87, and Stochastic RSI is at extreme levels, both signaling a high probability of a rejection from resistance rather than a continued breakout. Digging deeper into trend and momentum indicators, I see that ultra-short-term readings (such as the Aroon Oscillator on the 1- and 5-minute charts) are bullish, but longer-term indicators suggest waning momentum. Linear regression slopes and moving averages like KAMA and EMA indicate slowing upward momentum. Meanwhile, the Average True Range (ATR) is low, signaling consolidation rather than strong trend continuation. Considering these factors, I expect a retracement soon and am watching 1.308–1.307 as potential entry points. Fundamentally, things aren’t looking great for the Pound. GBP economic releases this week—including BRC Retail Sales, Employment Change, and Inflation figures—are expected to show weakness. Softer retail sales and job growth numbers could weigh on GBP further. Meanwhile, the USD is strengthening, with upbeat Retail Sales data and an important speech from Fed Chair Powell likely reinforcing the Dollar's momentum. Based on my analysis, I anticipate GBP/USD will move lower this week and am leaning toward a bearish trade. My plan is to wait for a rejection from resistance before entering a short position, ideally around 1.308 or lower. Please note things do change so let's see what this week brings :) !
Short
by Sel_Ali
GBPUSD(20250414)Today's AnalysisMarket news: Fed Collins: It is currently expected that the Fed will need to keep interest rates unchanged for a longer period of time. If necessary, the Fed is "absolutely" ready to help stabilize the market; Kashkari: No serious chaos has been seen yet, and the Fed should intervene cautiously only in truly urgent situations; Musallem: The Fed should be wary of continued inflation driven by tariffs. Technical analysis: Today's buying and selling boundaries: 1.3064 Support and resistance levels: 1.3245 1.3177 1.3133 1.2995 1.2951 1.2883 Trading strategy: If the price breaks through 1.3133, consider buying, the first target price is 1.3177 If the price breaks through 1.3064, consider selling, the first target price is 1.2995
Long
by BraveTigercat