GBPUSD
GBPUSD H4 | Bullish Bounce Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 1.2459, which is a pulback support.
Our take profit will be at 1.2584, which is a swing high resistance level.
The stop loss will be placed at 1.2341, which is an overlap support 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.
GBP/USD: Bearish Pressure Amid US Inflation and Trade TensionsThe GBP/USD pair has recently declined, closing at 1.24445 on February 12 (-0.0233%) after a 0.6688% increase on February 11. Volatility has dominated recent sessions, with fluctuations between 1.2400 and 1.2500. The decline was triggered by US inflation data, which strengthened expectations of higher Fed rates, weighing on the pound. Despite a 2.5% increase in UK retail sales (compared to the expected 0.2%), GBP struggled to maintain upward momentum, further pressured by uncertainty surrounding US tariffs on steel and aluminum. Technically, support between 1.2320 - 1.2330 remains crucial for potential rebounds towards 1.2550 - 1.2600, but future movements will depend on upcoming economic data and monetary policy expectations on both sides of the Atlantic.
GBPUSD, Pull-back time has arrivedGBPUSD/ 1D
Hello Traders, welcome back to another market breakdown.
GBPUSD is showing strong bullish momentum after the dollar index DXY
broke below resistance. However, the price is at the overbought zone for now. Hence, instead of jumping in at current levels, I recommend waiting for a pullback into the middle of the range zone for a more strategic entry.
If the pullback holds and buy mode confirms, the next leg higher could target:
Weekly high shown in the chart
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo.
Scenario on GBPUSD 12.2.2025I see the GBPUSD market so that if I were to look for a short, the first one I like is the level for a possible sfp around the price of 1.2520, if the market were to break through the price level, then the next sfp could come into consideration around the resistance of 1.26-1.258, which is also a bulls zone, if I am to take long positions into account, the first one could come at the sfp at the level of 1.231 and the next up to the daily level 1.2251
GBP/USD dips on hot US inflation reportThe British pound is lower on Wednesday. GBP/USD is trading at 1.2400, down 0.37% on the day.
The January inflation report was hotter than expected, giving the US dollar a boost against the major currencies today. Headline CPI rose 3% y/y, above the December gain of 2.9% which was also the market estimate. Monthly, CPI rose 0.5%, up from 0.4% in December and above the market estimate of 0.3%. It was the highest monthly inflation rate since August 2023.
The core rate, which excludes food and energy, rose 3.3% from 3.2%, above the market estimate of 3.2%. Monthly core CPI accelerated to 0.4% from 0.2%, above the market estimate of 0.3%.
The inflation report didn't change expectations about the March meeting, with the Fed virtually certain to hold rates. However, expectations for a cut in May have dropped to just 9%, compared to 21% a day ago. The economy is performing well and the Fed will be reluctant to lower rates again until it sees inflation moving lower.
Fed Chair Powell repeated a familiar message in testimony before a Senate Banking committee on Tuesday, saying that the Fed "does not need to be in a hurry" to adjust policy. Powell said that rate policy remains restrictive but the Fed would be careful not to lower rates too quickly or too slowly. Powell deflected a question about Trump's tariffs and US trade policy but acknowledged that tariffs could lift inflation and complicate the Fed's ability to lower rates.
The UK releases GDP on Thursday, with little change expected from the sputtering UK economy. Annually, GDP is projected to remain unchanged at 1%, while the GDP 3-month average to December is expected to decline by 0.1%, compared to a flat reading in the previous release. The economy contracted in the third quarter and may show a small gain in Q4 thanks to increased government spending.
GBP/USD tested support at 1.2411 earlier. Below, there is support at 1.2368
1.2491 and 1.2534 are the next resistance lines
Gbpusd signal GBP/USD holds comfortably above the ascending trend line and the 200-period and the 100-period Simple Moving Averages (SMA), reflecting the bullish bias. Additionally, the Relative Strength Index (RSI) indicator on the 4-hour chart stays above 50.
In case GBP/USD confirms 1.2450 (Fibonacci 50% retracement of the latest downtrend) as support, it could target 1.2500 (round level, static level) and 1.2530 (Fibonacci 61.8% retracement) next. On the downside, supports could be seen at 1.2415 (100-period SMA) and 1.2380-1.2370 (200-period SMA, Fibonacci 38.2% retracement, ascending trend line).
Gbpusd signal
USD/JPY : Another Bearish Move Ahead ? Let's see! (READ CAPTION)By analyzing the daily USD/JPY chart, we can see that, as expected from the previous analysis, the price continued its downtrend, correcting down to 151.
Currently, USD/JPY is trading around 153.620, and I expect it to resume its decline soon from the current zone (153.68 - 155.3).
This analysis will be updated as price action develops. The next potential bearish targets are 152.70, 151.70, and 151.
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
Market Analysis: GBP/USD RecoversMarket Analysis: GBP/USD Recovers
GBP/USD started a fresh increase above the 1.2400 zone.
Important Takeaways for GBP/USD Analysis Today
- The British Pound is eyeing more gains above the 1.2465 resistance.
- There was a break above a key bearish trend line with resistance at 1.2390 on the hourly chart of GBP/USD at FXOpen.
GBP/USD Technical Analysis
On the hourly chart of GBP/USD at FXOpen, the pair formed a base above the 1.2330 level. The British Pound started a steady increase above the 1.2360 resistance zone against the US Dollar, as discussed in the previous analysis.
There was a break above a key bearish trend line with resistance at 1.2390. The pair surpassed the 50% Fib retracement level of the downward move from the 1.2549 swing high to the 1.2332 low.
The pair gained strength above the 1.2420 level and the 50-hour simple moving average. The pair tested the 1.2460 zone and is currently consolidating gains. The bulls are now active near the 1.2440 level. If there is another decline, the pair could find support near the 1.2395 level.
The first major support sits near the 1.2365 zone. The next major support is 1.2330. If there is a break below 1.2330, the pair could extend the decline. The next key support is near the 1.2250 level. Any more losses might call for a test of the 1.2150 support.
Conversely, the bulls might aim for more gains. The RSI moved above the 60 level on the GBP/USD chart and the pair is now approaching a major hurdle at 1.2465 and the 61.8% Fib retracement level of the downward move from the 1.2549 swing high to the 1.2332 low.
An upside break above the 1.2465 zone could send the pair toward 1.2500. Any more gains might open the doors for a test of 1.2550.
Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
GBP/USD Rises as Traders Scale Back Aggressive BoE Easing BetsThe British pound rose to $1.2440, rebounding from a three-week low as traders adjusted rate cut expectations after BoE policymaker Catherine Mann’s comments. Although she voted for a 50bps cut, she clarified it wasn’t a signal for aggressive easing but aimed to improve market communication. She emphasized the need to maintain monetary restrictions due to structural challenges in returning inflation to 2%, leading traders to lower 2025 rate cut expectations to 62bps. Focus now shifts to upcoming GDP estimates, Q4 figures, and December’s industrial and manufacturing output.
The first resistance level for the pair will be 1.2500. In the event of this level's breach, the next levels to watch would be 1.2600 and 1.2650. On the downside 1.2340 will be the first support level. 1.2265 and 1.2100 are the next levels to monitor if the first support level is breached.
Fundamental Market Analysis for February 12, 2025 GBPUSDEvents to pay attention to today:
15:30 EET. USD - Consumer Price Index
17:00 EET. USD - Federal Reserve Chairman Jerome Powell Speaks
GBPUSD:
The GBP/USD pair rebounded on Tuesday, breaking a three-day losing streak and returning to the 1.24500 level touching range, up around two-thirds of one per cent for the day. Global currency markets sold off the US Dollar slightly as risk appetite gradually recovered across the board, helped by a speech from Federal Reserve (Fed) Chairman Jerome Powell and expectations that the latest iteration of US President Donald Trump's tariff threats would be averted through last-minute concessions, as has been the custom since Donald Trump took over the White House.UK data remains scarce midweek, but cable traders will be keeping an eye on Thursday's release of UK gross domestic product (GDP) data. The latest forecasts indicate that UK GDP will recover to 1.1% year-on-year in the fourth quarter, although the fourth quarter GDP figure is expected to contract by -0.1%.The key indicator on Wednesday will be the US Consumer Price Index (CPI). US core CPI inflation is expected to remain at 2.9% year-on-year, while core CPI inflation is expected to decline to 3.1% from the previous reading of 3.2%. On Thursday, the US Producer Price Index (PPI) will be released, with core PPI inflation expected to ease slightly to 3.3% y/y from 3.5%.
Trading recommendation: FLAT
GBPUSD H4 I Bullish Rise toward the resistanceBased on the H4 chart, price is approaching our buy entry level at 1.24207, which aligns with a [ullback support level.
A strong bullish reaction from this level could drive price toward our take profit at 1.25084, aligning with a major resistance zone.
The stop loss is placed at 1.23279, below the previous swing low, providing enough room for price fluctuations while maintaining the validity of the bullish setup.
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.
Bullish bounce for the Cable?GBP/USD is falling towards the pivot and could bounce to the 1st resistance which has been identified as an overlap resistance.
Pivot: 1.2419
1st Support: 1.2389
1st Resistance: 1.2473
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.
Potential bullish rise?GBP/USD has reacted off the resistance level which is a pullback support and could rise from this level to our take profit.
Entry: 1.2413
Why we like it:
There is a pullback support level.
Stop loss: 1.2354
Why we like it:
There is an overlap support level.
Take profit: 1.2524
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.
GBPUSD Possible IdeaDue to the pair consistently breaking lows and respecting highs on the daily timeframe, it was then evident that it is over all bearish. It recently broke the latest low on the daily timeframe, where it preceded to form a rising wedge to induce liquidity on both sides withing the daily range. Price has recently broke out of the wedge to the upside to mitigate a supply area just above it. This then could be the liquidity price could use to fuel its move to the downside to take out liquidity below the wedge as well as liquidity resting beneath our most recent low.
GBPUSD oversold bouncebacks capped by 1.2500 levelThe GBPUSD currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 1.2500, which is the 25th February swing high. An oversold rally from the current levels and a bearish rejection from the 1.2500 level could target the downside support at 1.2250 followed by 1.2170 and 1.2100 levels over the longer timeframe.
Alternatively, a confirmed breakout above the 1.2500 resistance and a daily close above that level could trigger further rallies higher and a retest of the 1.2550 resistance level followed by 1.2600 and 1.2700.
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.
GBPUSD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.24200 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.24200 support and resistance area.
Trade safe, Joe.
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