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Gbpusd_forecast

GBP/USD Trading Idea: Sell Below 1.32056 Targeting 1.27133The GBP/USD pair is currently trading within an Undefined Price Action/Consolidation Zone, suggesting indecision and reduced momentum. Price has been moving sideways for several days with no clear trend direction. This area typically signals accumulation or distribution before a breakout. Key Levels Identified Support 1 (Breakout Level): 1.32056 Support 2 (Target Level): 1.27133 – 1.27173 (zone) Resistance (Invalidation Zone): Around 1.33034 Trade Setup (Bearish Bias Upon Breakout) Trade Idea Price is currently ranging but has tested the Support 1 zone multiple times. The more a support level is tested, the weaker it becomes. A clean break below Support 1 (1.32056) would likely signal the end of the consolidation phase and could trigger a strong bearish move. If this breakdown occurs, a short position becomes valid. Entry Sell Stop Order below 1.32056 (e.g., at 1.31950) to catch the breakout momentum. Take Profit (TP) Primary Target: Support 2 zone between 1.27133 and 1.27173, representing a major historical support level. This provides a potential reward of approximately 480 pips from entry. Stop Loss (SL) Placed above recent swing high and resistance of the range: around 1.33034. Risk is about 90 pips, providing a Risk-Reward Ratio (RRR) of ~1:5 – favorable for short sellers. Additional Notes Volume Analysis: Volume appears to have dropped inside the consolidation zone, often indicating a buildup phase. A breakout with rising volume would confirm the trade signal. Event Risk: UK-related macroeconomic events are marked on May 13 and 15. Monitor for volatility which could trigger the breakout. Bias: Currently unbiased but leaning bearish due to: Flat momentum within the zone Multiple failures to sustain above mid-range Potential for breakdown continuation aligned with the higher time frame trend
Short
by SupertradeOfficial
GBPUSD SHORT FORECAST Q2 W19 D9 Y25GBPUSD SHORT FORECAST Q2 W19 D9 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📝 ✅Weekly order block rejection ✅Daily order block rejection ✅Intraday 15' order blocks ✅Tokyo ranges to be filled 🔑 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
GBPUSD SHORT FORECAST Q2 W17 D25 Y25GBPUSD SHORT FORECAST Q2 W17 D25 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📝 ✅Weekly order block rejection ✅Daily order block rejection ✅15’ order block ✅Tokyo ranges to be filled 🔑 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
GBPUSD SHORT FORECAST Q2 W19 D7 Y25GBPUSD SHORT FORECAST Q2 W19 D7 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📝 ✅Weekly order block rejection ✅Daily order block rejection ✅Intraday 15' order blocks ✅Tokyo ranges to be filled 🔑 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
2
GBPUSD SHORT FORECAST Q2 W19 D6 Y25GBPUSD SHORT FORECAST Q2 W19 D6 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📝 ✅Weekly order block rejection ✅Daily order block rejection ✅Intraday 15' order blocks ✅Tokyo ranges to be filled 🔑 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
1
GBP/USD at a Crossroads: Breakout or Breakdown?The GBP/USD has been in a strong uptrend since early 2025, rallying from around 1.2100 to a recent peak near 1.3450. The daily chart shows a pullback from this high, indicating consolidation or a corrective phase. Despite short-term bearish pressure, the broader trend remains intact above key support at 1.3200 and 1.3000. On the hourly chart, price action reveals a consolidation range between 1.3260 and 1.3400, forming lower highs and signaling potential bearish continuation if support at 1.3320 breaks. Conversely, repeated rejections below 1.3400 without major selloffs suggest buyers may still be present. The 15-minute chart highlights tight intraday consolidation between 1.3335 and 1.3355, forming a potential bear flag or ascending triangle. A break below 1.3320 could target 1.3280–1.3250. A breakout above 1.3380–1.3400 may resume the uptrend toward 1.3450–1.3500. The higher-probability scenario is a bullish continuation, but caution is advised given decreasing momentum.
by BlackCandleTrader
GBP/USD Short Trade Setup: Reversal from 1.34370 with Target at Entry Point: Marked at 1.34370, where the analyst anticipates a reversal or price rejection. Stop Loss: Positioned above at 1.34975, covering a 2.62% risk margin. This is a protective level in case the price moves against the trade. Target (Take Profit): Set at 1.31015, just above a strong support zone around 1.30818. This is where the analyst expects the price to eventually fall. Resistance Point: Noted around 1.33007 – 1.32859, acting as an intermediate level of interest and possible price reaction zone.
Short
by EA_GOLD_MAN_COPY_TRADE
16
Market Analysis: GBP/USD Corrects GainsMarket Analysis: GBP/USD Corrects Gains GBP/USD started a downside correction from the 1.3450 zone. Important Takeaways for GBP/USD Analysis Today - The British Pound rallied above 1.3200 and 1.3320 before the bears appeared. - There is a key bearish trend line forming with resistance at 1.3375 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 1.3200 level. The British Pound started a steady increase above the 1.3320 resistance zone against the US Dollar, as discussed in the previous analysis. The pair even cleared 1.3400 before the bears appeared. A high was formed at 1.3443 before there was a downside correction. There was a move below the 1.3400 and 1.3350 levels. A low was formed at 1.3301 and the pair is now consolidating losses. On the upside, the pair is facing resistance near the 1.3335 level and the 23.6% Fib retracement level of the downward move from the 1.3443 swing high to the 1.3301 low. The next key resistance near the 1.3375 level. There is also a key bearish trend line forming with resistance at 1.3375. The trend line is near the 50% Fib retracement level of the downward move from the 1.3443 swing high to the 1.3301 low. An upside break above the 1.3375 zone could send the pair toward 1.3410. Any more gains might open the doors for a test of 1.3445. If there is another decline, the pair could find support near the 1.3300 level. The first major support sits near the 1.3245 zone. The next major support is 1.3200. If there is a break below 1.3200, the pair could extend the decline. The next key support is near the 1.3150 level. Any more losses might call for a test of the 1.3080 support. 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.
by FXOpen
GBPUSD SHORT FORECAST Q2 W18 D1 Y25GBPUSD SHORT FORECAST Q2 W18 D1 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📝 ✅Weekly order block rejection ✅Daily order block rejection ✅Daily high rejection ✅Daily imbalance fill targets 🔑 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
GBPUSD STRONG BEARISH PATTERN (H4)Bearish Scenario for GBP/USD Current Sentiment: The GBP/USD market is displaying a continuous bearish pattern, indicating strong selling pressure. Price action suggests that bears are in control, pushing the pair lower through support levels. Entry: Price is currently trending downwards after a potential lower high formation, breaking key support zones. Bearish Targets: 1st Target: 1.32000 – This level aligns with a minor support area where previous consolidation occurred. A breach here confirms continued selling momentum. 2nd Target: 1.30600 – Historical support level; expect a potential short-term bounce or consolidation. Final Target: 1.28100 – Major support level from previous long-term lows. A break below this could signal a shift in the broader market structure.
Short
by Zickey_11
1
GBP/USD Breakdown Below Value Area –Bearish Continuation in PlanGBP/USD has broken below the recent range low near 1.3380, confirming a potential shift in structure. This move comes after multiple failed attempts to sustain above the Point of Control (POC) at 1.3415, where high volume previously suggested heavy positioning. The volume profile reveals a low-volume node just below the current price, which may accelerate price movement toward the next significant high-volume support zone around 1.3319. 🔹 Bias: Bearish 🔹 Entry Confirmation: Break and close below 1.3380 🔹 Target: 1.3319 🔹 Stop Loss: Above 1.3415 (POC & resistance zone) This setup aligns with a rejection from value area highs and a breakdown into thin liquidity zones. I’ll be watching for volume confirmation and price behavior at lower levels for continuation or reversal clues. 🧠 Plan your trade, trade your plan.
Short
by PIPSPHERE_NETWORK
GBPUSD SHORT FORECAST Q2 W18 D30 Y25GBPUSD SHORT FORECAST Q2 W18 D30 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📝 ✅Weekly order block rejection ✅Daily order block rejection ✅Daily high rejection ✅Daily imbalance fill targets 🔑 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
GBPUSD: Eyeing a Bullish Structure Shift - A Wyckoffian ApproachGBPUSD 🚦 Technical Analysis & Trade Plan 📊 Current Market Structure The GBPUSD 4-hour chart is currently consolidating just below a set of equal highs, indicating a potential liquidity pool above. Price action has shown a series of higher lows, suggesting underlying bullish pressure. The market is in a range, with buyers and sellers in equilibrium, but the clustering of highs signals a likely stop-hunt or breakout scenario. 🧠 Wyckoff Perspective From a Wyckoff standpoint, the market appears to be in the late stages of accumulation. The equal highs represent a classic “creek” or resistance, where smart money may engineer a breakout to trigger stops and induce breakout traders. A successful breakout, followed by a retrace to retest the broken highs (now support), and a subsequent bullish structure break, would confirm the presence of strong demand and the start of a mark-up phase. 🌍 Fundamental Backdrop Fundamentally, GBP has been supported by resilient UK economic data and a slightly hawkish tone from the Bank of England, while the USD faces headwinds from softer inflation prints and dovish Fed rhetoric. However, geopolitical risks and global risk sentiment remain key drivers, so any sudden shifts could impact the pair. 📰 Current Sentiment Market sentiment is cautiously optimistic for GBPUSD. CFTC positioning shows a reduction in net GBP shorts, and recent price action reflects a willingness to buy dips. However, the presence of equal highs suggests that many traders are watching for a breakout, increasing the likelihood of a stop-run before a genuine move higher. 🏦 Trade Idea Entry: Buy on a confirmed break above the current equal highs (around 1.3340), wait for a retrace to retest the broken highs, and enter long on a bullish structure break (e.g., a higher low and bullish engulfing candle). Stop Loss: Place stops below the retracement low (e.g., below 1.3300). Take Profit: Target the next significant resistance zone (e.g., 1.3400–1.3450), scaling out as price approaches these levels. Risk Management: Risk no more than 1–2% of your trading capital on this setup. ⚠️ Disclaimer Trading forex involves significant risk and may not be suitable for all investors. The analysis and trade idea provided are for educational purposes only and do not constitute financial advice. Always conduct your own research and consult with a licensed financial advisor before making trading decisions.
Long
by fxtraderanthony
GBPUSD trade setup.This chart shows a GBP/USD (British Pound / U.S. Dollar) trading setup on the 1-hour timeframe, with a bearish outlook. 📊 Chart Analysis Trend: Recently bearish after a previous uptrend. Entry Zone: Area between approximately 1.33233 and 1.33317. Setup Type: Sell/Short Trade Setup 🔍 Key Zones Entry Zone (Supply/Resistance Area): Marked as "entry zone". This is the expected area where price might retrace to before dropping again. Target Zone: Arrow points down towards 1.32377, suggesting this is the Take Profit (TP) level. Stop Loss (SL): Slightly above the entry zone, near 1.33476, indicating risk management in case price continues upward. 🧠 Trade Idea Summary Type: Short/Sell Entry: Wait for price to re-enter the marked "entry zone" (~1.33233 - 1.33317). Stop Loss: Above 1.33476. Take Profit: Around 1.32377. Risk/Reward Ratio: Favorable, as the potential profit zone (green area) is larger than the risk (red area).
Short
by m_zeeshan3644
#GBPUSD: Major Swing Sell Coming On GU, What's your views? OANDA:GBPUSD , as discussed in our previous analysis, where we predicted price would reach our target area and then reject it. The price has almost reached this area, and we are now waiting for it to fully complete the move so that we can take a swing sell on the GBP. Currently, the British pound is stronger and bullish due to the UK’s strong economic growth. However, this is not the case for the US dollar. The dollar is struggling to keep up with other currencies and is currently the worst-performing currency of the month of April. While focusing on GBPUSD as a pair, it has been extremely bullish since the start of April. However, we are now at a point where there are no strong reasons for the pair to remain bullish and continue its uptrend. There are fundamental signs that will eventually reverse the bearish trend. Our advice to all is to wait for the price to do its thing. Once it reaches our target area, it may show strong bearish dominance. However, this is not a guarantee that it will behave as we expect. There are two targets that you can focus on once you trade is activated. Good luck and trade safely! Thank you for your unwavering support! 😊 If you’d like to contribute, here are a few ways you can help us: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️🚀
Short
by Setupsfx_
19
GBPJPY SHORT FORECAST Q2 W18 D28 Y25GBPJPY SHORT FORECAST Q2 W18 D28 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📝 ✅Weekly 50 EMA ✅Daily 50 EMA ✅Intraday 15' order blocks ✅Tokyo ranges to be filled ✅Intraday 15' order block trading levels ✅ 🔑 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
GBPUSD Rejected at Key Resistance – Bearish Outlook StaysLast week, in my GBPUSD analysis, I highlighted that the pair had reached a major resistance area – a level that has acted as both support and resistance over the past few years. I mentioned that a correction from this zone was very likely. The market reacted perfectly: GBPUSD dropped from that resistance, and after the initial move, it entered into a consolidation phase. The key question now: Is the correction finished or will the downside continue? My outlook remains the same – I still expect further downside towards the 1.3000 level. Here’s why I stay bearish: - Strong historical resistance rejected the price. - No real bullish momentum above 1.34 zone. - Consolidation after the drop looks more like a pause, not a reversal. Trading Plan: I will look to sell rallies, staying bearish as long as the 1.3400 area (recent high) is not broken. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Short
by Mihai_Iacob
3
GBPUSD SHORT FORECAST Q2 W18 D28 Y25GBPUSD SHORT FORECAST Q2 W18 D28 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📝 ✅Weekly order block rejection ✅Daily order block rejection ✅Weekly imbalance to fill short ✅15’ order block 🔑 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
GBPUSD 1H Analysis – ForexCity SignalWe’ve entered a critical zone on GBPUSD. Price formed a Higher High (HH) and later shifted structure with a bearish CHoCH A new Lower High (LH) was printed, confirming bearish intent But recently, bulls stepped in to create a Higher Low (HL) Now price is compressed between LH & HL, meaning: ❗ One side is about to get liquidated. The next move will be impulsive. 🟢 Buy Scenario (If Bulls Win) 🔔 BUY STOP @ 1.33480 TP1: 1.33680 TP2: 1.33980 TP3: 1.34480 SL: 1.33080 (max 40 pips) Reason: Break of LH confirms buyers are back in control. This would be a bullish CHoCH reclaim. 🔴 Sell Scenario (If Bears Continue) 🔔 SELL STOP @ 1.32800 TP1: 1.32600 TP2: 1.32300 TP3: 1.31800 SL: 1.33300 (max 50 pips) Reason: A break below HL confirms bearish continuation after structure shift. This is the safer Smart Money entry. 📌 Conclusion: This is a classic SMC compression zone. Let the market break the range—then ride with conviction. No guessing. Just precision. Wait. Watch. Execute. → Patience = Power.
by forexcitysignal
GBP Rebounds on Retail Sales – But USD Still in Control📌 GBP Bounces on Strong Retail Sales, But USD Strength Keeps Pressure On 💷📉 The British Pound (GBP) rebounded on Friday after UK Retail Sales data surprised to the upside. According to the Office for National Statistics (ONS), retail sales rose by 0.4% in March, beating expectations of a -0.4% decline. On a yearly basis, growth accelerated to 2.6%, outpacing the forecast of 1.8%. However, despite the positive data, traders remain confident the Bank of England (BoE) may still cut interest rates by 25 bps to 4.25% in the May meeting, due to persistent global uncertainties and softer inflation expectations. Meanwhile, the US Dollar (USD) gained ground across the board as trade tensions between the US and China appeared to ease. Durable Goods Orders in the US jumped by 9.2% in March — a clear sign of business confidence and policy impact. 📊 Technical Outlook – GBP/USD GBP/USD briefly recovered from an intraday low of 1.3280 but remains under pressure near key resistance. On the upside, the psychological barrier at 1.3500 remains a major hurdle. To the downside, the April 3rd high around 1.3200 now acts as strong support. 💼 Trading Plan 🟢 BUY ZONE: Entry: 1.32500 SL: 1.32000 TP: 1.33300 🔴 SELL ZONE: Entry: 1.34180 SL: 1.34700 TP: 1.33500 📌 Stay alert ahead of key BoE guidance and further US-China headlines — volatility may increase as we head into May.
Short
by MMFlowTrading