LONG GBP/USD — Trade IdeaLONG GBP/USD — Three Talking Points
Macro & Central-Bank Divergence
UK growth beats, retail sales jump and service-CPI re-accelerates to 5.4 % y/y. Markets have pushed BoE-cut odds to near-zero for June and just one 25 bp trim by year-end, while the Fed is still priced for two cuts in 2025.
IMF nudges 2025 UK GDP up to 1.2 %. In contrast, the dollar narrative is hampered by ballooning U.S. deficit worries and tariff-policy whiplash. Net policy path favours sterling over the dollar.
Technical Structure Remains Bullish
Price action is riding a January-origin ascending channel; Monday’s spike to 1.3600 set a new three-year high, but the pull-back stalled exactly where the 21-DMA, prior breakout shelf and channel floor cluster (mid-1.34s).
14-day RSI ≥ 60 yet still shy of overbought, signalling bullish momentum with room to run.
Holding the 1.3440/70 zone keeps the next leg toward 1.3600/1.3750 in play; only a daily close below 1.3370 would break the channel and negate the setup.
Event Risk Favouring Upside Skew
BoE speakers (Pill today, Bailey tomorrow) are likely to echo the “cautious & gradual” line—supportive, not dovish.
FOMC minutes may sound hawkish, but the market has largely heard it; any dovish nuance quickly re-ignites dollar selling.
Friday’s PCE vs. Tokyo CPI: a soft U.S. core PCE print alongside sticky Japan inflation would weigh on USDJPY and bleed into broader USD softness, lifting cable toward our T1/T2 objectives.
Gbpusdlong
GBP/USD Correction Potentially Complete – Key Breakout LevelsHi everyone,
GBP/USD has been undergoing a short-term correction since the start of the week. Our view is that this correction may now be complete, with the bullish trend potentially resuming.
For confirmation, we’re watching for a break above the 1.35195 level, followed by a move through 1.35934.
If these levels are cleared, we anticipate further upside. We’ll continue to share updates on the projected path for GBP/USD should price action reach our key zone.
The longer-term outlook remains bullish, and we expect the rally to extend further from the 1.20991 January low.
We’ll be keeping you updated throughout the week with how we’re managing our active ideas. Thanks again for all the likes/boosts, comments and follows — we appreciate the support!
All the best for the week ahead. Trade safe.
BluetonaFX
GBPUSD potential longMulti-Timeframe Market Outlook
3-Month (3M) Timeframe
• Price broke below key psychological/liquidity level at 1.2100 in Q3 2022, reaching 1.0500, where significant bullish order flow was triggered.
• Bullish momentum brought price back above 1.2100, but lacked strength to reach next liquidity zone at 1.3900.
• After retracing to collect orders at 1.2100 again, price advanced to 1.3400, met resistance, and returned to 1.2100.
• Recent price action shows a break above 1.3400, signaling renewed bullish intent and momentum toward higher targets.
Monthly Timeframe
• Fully aligned with the 3M structure; no additional significant divergences to note.
• Continuation of higher timeframe bullish structure remains intact.
Weekly Timeframe
• Last week, price broke and closed above major resistance at 1.3400 with strong bullish momentum.
• Next liquidity target: 1.3650.
• Price consolidated below 1.3400 for 4 weeks, suggesting accumulation of bullish orders.
• Current retracement likely a pause to collect more orders before resuming towards 1.3650.
Daily Timeframe
• Strong order flow observed at 1.3150, followed by consolidation between 1.3250 – 1.3300 before breaking 1.3400.
• Price has retraced ~100 pips since yesterday, likely seeking a liquidity zone.
• 1.3400 remains the key level to monitor for renewed bullish interest and continuation toward 1.3650.
4H Timeframe
• Notable bullish order block formed at 1.3400, resulting in nearly 200-pip upside.
• Price appears to be retracing to this region, likely to collect more buy-side liquidity before another leg up.
• Confluence across timeframes suggests strong bullish bias if price holds above or reclaims 1.3400.
My thesis is long but I am very mindful of FOMC minutes today and I am waiting to see the impact that it will have on price action.
GBPUSD Near Key Resistance – Watching for PullbackGBPUSD has surged to test the 1.3538 resistance, forming a strong impulsive rally supported by higher lows and tight bullish consolidation patterns. However, price is now pressing into a major horizontal resistance and rising trendline, setting up for either continuation or correction.
Key Levels:
Major Resistance: 1.35389 (previous high, potential double top)
Trendline Support: ~1.3440 (ascending structure)
Downside Target (if break occurs): 1.3140 (range floor)
Scenarios to Watch:
🔹 Bearish Scenario (Primary Watch)
Price reacts to 1.3538 and forms a rejection candle
Break of the ascending trendline may trigger a retracement
Downside target zones:
1.3440 (initial structure)
1.3140 (major support zone)
🔹 Bullish Breakout (Alternate Scenario)
Clean break and close above 1.3538
Would invalidate short-term correction and open path to new highs
Momentum continuation possible toward 1.3600–1.3700
Pattern Notes:
Bullish structure with minor flags and wedges in the uptrend
But rally is extended and hitting overbought territory near resistance
RSI divergence or reversal patterns around this level would strengthen short case
Conclusion:
📌 GBPUSD is at a major resistance. Watch for rejection or breakout.
📌 If it holds below 1.3538 and breaks trendline, short setup is favored.
📌 If it breaks out above 1.3538 with volume, stay out of shorts and wait for retest.
GBPUSD Trade IdeaThe GBPUSD pair is showing a strong bullish trend on the 4-hour chart. However, the price currently looks overextended. This suggests the market may be due for a corrective pullback.
I’m watching for a pullback into a discounted zone near the fair value gap.
If the price moves back into this zone, I’ll look for a bullish break of market structure as a signal to enter long.
This plan emphasizes patience and the importance of waiting for a favorable entry rather than chasing an extended move. As always, this is my personal strategy and not financial advice. Proper risk management and discretion are essential.
EURUSD,GBPUSD,AUDUSD and NZDUSD possible bounce?Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Fundamental Market Analysis for May 26, 2025 GBPUSDGBPUSD:
The GBP/USD pair is building on last week's strong upward movement and gaining positive momentum during Monday's Asian session. This momentum is lifting spot prices above the 1.3550 level, to the highest level since February 2022, and is supported by a combination of factors.
The British Pound (GBP) continues to show relative outperformance on the back of Friday's favourable UK retail sales data, which showed that consumer spending remains a bright spot despite the gloomy economic outlook. This, along with higher-than-expected inflation in April, fuelled speculation that the Bank of England (BoE) will take a pause at its next meeting on 18 June and will not be in a rush to reduce borrowing costs further.
The US Dollar (USD), on the other hand, continues to struggle to attract meaningful buyers amid concerns that the tax and spending bill will increase the US budget deficit at a faster pace than previously expected. Furthermore, growing confidence that the Federal Reserve (Fed) will further cut interest rates in 2025 has driven the Dollar to near one-month lows and is fuelling positive movement in GBP/USD.
This week, investors will face the release of important US macroeconomic data, with the release of Durable Goods Orders data on Tuesday and preliminary GDP data on Thursday. These data, as well as the FOMC meeting minutes on Wednesday and the Personal Consumption Expenditure (PCE) price index on Friday, may provide insight into the prospects of a Fed rate cut, which will have an impact on the USD and GBP/USD.
Trading recommendation: BUY 1.3590, SL 1.3570, TP 1.3690
PERHAPS IT'S TIME TO STOP SHORTING GBPUSD LONG FORECAST W22 Y25PERHAPS IT'S TIME TO STOP SHORTING GBPUSD LONG FORECAST W22 Y25
Hey traders ✌️
welcome to your market analysis by FRGNT! 🙌
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!
🔑 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.
💡Trade confluences provided during the week 📝
✅Bullish weekly close above recent highs & Orderblock
✅ Within Weekly Orderblock. Potential shorts after bearish price action.
📈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
GBP/USD bullish run still going?This week’s analysis for GU is centred around the current pro-trend momentum and where we could see potential entries to continue riding it.
To begin with, there’s a refined 3D supply zone located at a premium level which could cause a short-term bearish reaction. I’ll be monitoring this area for any possible short setups — but only with strong confirmation.
However, the overall structure remains predominantly bullish, as shown by a series of higher highs and higher lows, along with significant breaks of structure. The most relevant point of interest for a bullish continuation sits around the 1.34200 level, where a clean 9H demand zone resides. This is where I’ll be looking to enter long positions if price retraces to that area.
Confluences for GU Buys:
- Clear formation of higher highs and higher lows, confirming bullish structure
- Strong 9H demand zone that initiated the recent break of structure
- Liquidity above still yet to be cleared
- DXY remains bearish, supporting continued bullish momentum on GBP/USD
P.S. Don’t get too caught up chasing countertrend moves. The real edge lies in identifying the nearest POI that aligns with the overall trend and waiting for your setup to unfold there.
GBPUSD Trend Analysis On The 4H Chart Profit SurgingThe GBPUSD currency pair, as observed on the 4-hour timeframe, is currently exhibiting signs of a potential bullish reversal, with a suggested entry near the 1.32696 price level. This analysis outlines retracement considerations, key target levels, and invalidation criteria based on technical structure and price behavior.
✦ Current Market Overview
As of May 18, 2025, GBPUSD is priced at 1.32696. The market has formed a recent consolidation structure, showing attempts to hold above key support. The setup presented encourages buying opportunities based on the expectation of a bullish continuation or breakout from the current price zone.
✦ Retracement Zone and Entry Strategy
The green highlighted area on the chart represents the **retracement or demand zone**. If price dips into this area, it is seen as a potential accumulation point for buyers. Key takeaways include:
• **Retracement Zone Range**: Approximated between **1.31394** (low) and the lower edge of the green zone.
• **Candle Close Below Green Zone**: If price closes below this zone, the bullish setup becomes invalid.
• **Stop Loss (SL)**: Set at 20 pips below entry to minimize downside risk.
GBP/USD - Triangle Breakout (23.05.2025)The GBP/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 1.3502
2nd Resistance – 1.3534
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPUSD Trade Setup – Entry at 1.34708 with Target at 1.27735Entry Point: ~1.34708
Stop Loss Zone: ~1.35734 (roughly 100 pips above entry)
Target Points:
EA Target Point One: 1.31769
EA Final Target Point: 1.27735
---
Technical Observations:
1. Price Action:
The price is consolidating below the 1.34708 resistance level.
Multiple failed attempts to break above suggest selling pressure around this zone.
2. Moving Averages:
Two MAs (possibly 50 EMA and 200 EMA) show a recent crossover, potentially indicating a shift in momentum.
3. Bearish Bias:
Based on the annotated targets, the trader anticipates a reversal from the current level.
A drop to 1.27735 represents a 5.09% move from the entry point.
4. Risk-Reward Ratio:
Risk (Entry to Stop Loss): ~100 pips
Reward (Entry to Final TP): ~700+ pips
Risk-reward is highly favorable (~1:7)
Confluence & Support Zones:
1.31769: Previously tested support/resistance level – a logical intermediate target
1.27735: Historical support zone from early March – final bearish target.
Summary:
This setup is a swing short trade with an attractive risk-reward profile.
Confirmation via bearish reversal candlesticks near 1.34708 would strengthen the case.
Watch out for news catalysts or USD data that might impact volatility and invalidate the setup.
GBPUSD Short-Term Top Forming Target 1.3360GBPUSD has bounced slightly, but the structure remains heavy and indecisive. However, EURUSD and Gold 4H charts are starting to break down clearly.
EURUSD is dragging lower step by step.
Gold broke a key support zone.
Both are signaling that USD strength is returning — and GBPUSD is likely to follow.
🔍 Technical View
Price rejected from the 1.3465–1.3470 zone (FOMC CPI high)
Lower highs building on the 1H and 4H timeframes
Trading below the 50% retracement of the recent CPI rally
🧠 Key Observation
“A sharp drop on EURUSD from current price will confirm a top is in place on GBPUSD.”
If EURUSD breaks 1.1270 decisively, expect GBPUSD to follow with increased momentum.
🔽 Trade Bias
Bearish below 1.3435
Targets:
1.3360 (first fib cluster + liquidity pocket)
1.3330 (full wave completion)
Invalidation: Clear close above 1.3470
⚠️ Watch for:
U.S. PMI revisions or FOMC speakers to fuel USD move
GBP Retail Sales data tomorrow — potential catalyst
GBPUSD I Technical and Fundamental Forecast Welcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
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GBPUSD Analysis – Bearish Setup Into Key ResistanceGBP/USD is trading into a key multi-week resistance zone between 1.3360 and 1.3413. The pair has failed to break this area multiple times, and current price action shows signs of compression and hesitation. With elevated UK inflation limiting BoE easing flexibility and renewed USD support following bond yield spikes, this setup offers a compelling bearish opportunity. Clean downside targets lie at 1.3177, 1.3016, and potentially 1.2890. The trade remains valid unless price breaks and holds above 1.3413.
🔍 Technical Analysis
Structure:
Price is testing a significant resistance zone (1.3360–1.3413) that’s held since early April.
Bearish trendline from May highs remains intact.
A descending structure is forming with lower highs and failed breakouts.
Support Levels to Watch:
1.3177 – Previous structure low
1.3016 – Strong horizontal support
1.2890 – March swing low and fib extension target
Confluence:
EUR/USD overlay shows rejection at similar highs, reinforcing risk-off dollar strength
Price failing to hold above fib retracement levels from prior swings
🌍 Fundamental Context
🇬🇧 British Pound (GBP):
UK inflation is climbing again (expected 3.0% CPI for April), delaying BoE's ability to cut further.
BoE’s Pill has pushed back on rapid easing, citing persistent service inflation.
UK-EU trade agreement provides medium-term support, but short-term upside appears priced in.
🇺🇸 U.S. Dollar (USD):
Despite Moody’s downgrade, U.S. yields are rising, supporting USD demand.
Trump’s tariff threats have injected global risk-off tones, lifting the dollar as a safe haven.
Fed remains cautious — no rate cuts expected soon.
🎯 Trade Setup
Bias: Bearish
Entry Zone: Near 1.3360–1.3413 resistance (wait for rejection candle confirmation)
Targets:
First: 1.3177
Second: 1.3016
Third: 1.2890
Invalidation: A daily close above 1.3413 would invalidate the bearish thesis
⚠️ Risk & Management Tips
Don’t short blindly into resistance — wait for strong wick or bearish engulfing candle.
Watch upcoming UK inflation data or Fed commentary for macro triggers.
Avoid over-leveraging: false breakouts near highs are common.
🧭 Conclusion
GBP/USD is coiling near a powerful resistance area. A confirmed rejection opens the door for a multi-leg downside move into 1.30 and below. As long as price holds beneath 1.3413, the risk-reward profile favors sellers. Patience and precision are key at this stage.
GBPUSD: Bulls Are Gearing Up For The Next RallyBullish Confirmations:
- Double bottom formed at QP at end of last week
- Creating HLs and HHs
- Bullish Choch
- Multiple bullish FVGs (showing bullish momentum)
- Multiple bullish breaker blocks
🟢ENTRY 1.33578
SL 1.331
TP1 1.33778
TP2 1.34078
TP3 1.34578
There's a chance we may get a deeper pullback. If so no big deal, we'll just catch a better entry.
GBP/USD | Wave 5 Loading?Hey traders 👋,
We're setting up for what could be a textbook Wave (5) breakout on the 4H GBP/USD chart. After a clean corrective pullback to the golden zone (0.618–0.705), bulls are stepping back in. Here’s the technical story:
⚙️ Technical Breakdown:
✅ Elliott Wave Structure:
Wave (4) seems complete following a controlled retracement. If this count holds, Wave (5) should extend us toward 1.34400+ and possibly 1.36300, aligning with fib extensions and previous impulse behavior.
📏 Fib Retracement:
Wave (4) respected the 0.618–0.705 zone perfectly (1.32235–1.32047), a classic launchpad in bullish cycles. Buyers showed strong interest here—textbook bounce material.
📊 EMA Stack (20, 100, 200):
Price is holding above the 100 and 200 EMAs, with the 20 EMA curling upward. If we get a clean cross and hold, that’s further confirmation of bullish continuation.
📉 RSI:
Sitting around 53, giving us enough room to run without immediate overbought pressure. RSI holding above 50 typically aligns with bullish continuation patterns.
🚨 Levels to Watch:
🔑 Entry zone: 1.32200–1.32400 (golden pocket pullback)
🎯 Target zone: 1.34400 ➜ 1.36300 (Fib + Wave 5)
❌ Invalidation: Clean break below 1.31770
🧠 Final Thoughts:
Structure is clean. Momentum is building. Fundamentals aside, this chart is screaming setup potential.
📢 What’s your take on this setup?
Drop your thoughts 👇 and don’t forget to like if you’re bullish too 🟢
@WrightWayInvestments
@WrightWayInvestments
@WrightWayInvestments
GBPUSD and GBPJPY Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/USD - Triangle Breakout (16.05.2025)The GBP/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 1.3389
2nd Resistance – 1.3441
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GBPUSD pullbackOANDA:GBPUSD
As shown in our pinned analysis, this level was previously considered for a short trade. But after being broken, according to our plan, it has now turned into a buy zone.
We are ready to enter a long position,
but if the price drops below and holds, this level will lose its validity and the analysis will be invalid.
Follow us for more trades analysis!
For detailed entry points, trade management, and high-probability setups, follow the channel:
ForexCSP
Cup & Handle - Bullish Continuation PatternFX:GBPUSD continues its bullish trend, printing higher highs and higher lows. Currently price has formed a Cup & Handle pattern signalling potential bullish continuation!
Following the analysis, buys should only be triggered once neckline / resistance has been broken!
GBP/USD Short Trade Setup – Targeting 1.31580 from 1.34281Entry Point: 1.34281
Stop Loss: 1.34554 (about 27 pips above entry)
Target Points:
Target One: 1.32698
Final Target (EA Target Point): 1.31580 (approx. 270 pips from entry)
Risk/Reward Ratio: Favorable, given the tight stop and wider target.
📈 Chart Features
Highlighted Zones:
Resistance Zone (top purple area): A strong supply zone, where price reversed multiple times.
Support Zone (bottom purple area): Historical demand zone, previous price reactions.
Orange Circles: Represent key swing highs and lows (likely used to confirm the zones or a double/triple top/bottom pattern).
Moving Averages:
Red Line: Likely a shorter-period MA (e.g., 20 EMA).
Blue Line: Likely a longer-period MA (e.g., 50 or 200 EMA), often used for trend confirmation.
🧠 Interpretation
Price Action: The chart suggests the price recently hit a resistance zone and is expected to reverse.
Trade Bias: Bearish – expecting the market to drop from the resistance.
Indicators Support:
Price has rejected multiple times at the top.
Entry is slightly below resistance, confirming a potential reversal.
Targets align with support and past consolidation zones.