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Gbpusdsignal

GBP/USD Rally: Is 1.28 the Next Target?In my post last week about GBP/USD, I mentioned that as long as the 1.23 support remained intact, the pair could rise toward the 1.26 resistance level and that buying dips below 1.24 could be a good strategy. Indeed, the pair climbed to 1.26 on Friday, which raises the question—what’s next? In my view, GBP/USD is likely to continue its ascent, with the next bullish target being the 1.28 resistance zone. In conclusion, dips around the 1.25 support could present buying opportunities, with invalidation below 1.24 and a target at the 1.28 resistance level. 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.
Long
by Mihai_Iacob
5
GBP/USD Bearish Outlook – Technical & Fundamental ConfluenceGBP/USD remains in a well-defined downtrend, respecting a descending channel and key resistance levels. The pair recently tested the upper boundary of the channel near 1.2609, aligning with the 38.2% Fibonacci retracement level and the 200-day moving average, suggesting strong bearish rejection. Technical Outlook: • Price Action: GBP/USD has formed lower highs and lower lows, indicating sustained selling pressure. • Trendline & Resistance: The pair remains below the long-term descending trendline, with 1.2609 acting as a major resistance zone. • Indicators: • RSI: Approaching overbought territory, increasing the likelihood of a reversal. • MACD: Bearish momentum is building, suggesting potential downside continuation. • Target Levels: • Short-term support: 1.2330 – Break below this level could trigger further downside. • Major target: 1.1835 – A measured move projection based on the channel pattern. Fundamental Factors: • BoE Dovish Stance: The Bank of England recently cut rates to 4.5%, citing economic concerns, contrasting with the Federal Reserve’s steady rate policy, which supports USD strength. • UK Inflation Concerns: Inflation is expected to rise to 2.8% due to VAT increases and higher airfares, potentially complicating BoE’s policy direction. • US Economic Strength: Strong US economic data, including GDP growth and resilient labor markets, further bolster the USD. • Geopolitical Uncertainty: Potential US tariffs on UK exports could add additional downside pressure on GBP. Trade Idea: • Bias: Bearish • Entry: Below 1.2330 on confirmed breakdown • Target: 1.2099, with potential for 1.1835 • Stop-Loss: Above 1.2609 to invalidate the bearish structure Conclusion: GBP/USD remains under selling pressure both technically and fundamentally. A confirmed breakdown below 1.2330 could accelerate bearish momentum toward the next key support levels. Traders should watch for price action signals and remain cautious of any unexpected shifts in macroeconomic data.
Short
by parraggon
2
GbpUsd could continue its reboundAfter breaking above the falling trendline from the end of January, GBP/USD has entered a consolidation phase between 1.23 and 1.25. Recently, the pair tested the support zone once more and began to rebound. In my opinion, the upward movement will continue, and we could see a test of the next resistance above 1.26. In conclusion, I am looking to buy dips below 1.24, with invalidation occurring on a daily close below 1.23. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by Mihai_Iacob
GBPUSD AnalysisGBPUSD Analysis The GBP/USD pair has been in a predominantly bearish trend since September of last year, although there have been occasional corrective rallies. Despite these minor pullbacks, the overall direction of the pair has remained downward over the period. However, I believe that the bearish trend may have concluded. The pair has recently broken through a key structural resistance level, and the candle has closed decisively above this barrier, which is a strong indication of a potential shift in momentum. This breakout suggests a bullish setup could be forming, signaling a possible reversal in the pair's trajectory. It is important to note that this is my personal analysis and should not be interpreted as financial advice or a trading signal. If you would like to explore my reasoning further, feel free to engage in the comments section, and I would welcome your thoughts on whether the pair is now poised for a bullish move or if the bearish trend may persist. As always, thorough research and careful risk management are essential before making any trading decisions. Let me know what your perspective is—bullish or bearish—for this pair moving forward.
Long
by sirkamal
5
DeGRAM | GBPUSD testing of the channelGBPUSD is under an ascending channel between the trend lines. The price has reached the lower boundary of the channel and 62% retracement level. Indicators on small timeframes indicate oversold. We expect the growth to continue after the retest of the channel boundary is completed with a potential reaching of dynamic support. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
8
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
Short
by JohnHarry_7
GBPUSD is in the Selling Direction after breaking SupportHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
GbpUsd- Strongly bullish on medium termAs you know from my previous TVC:DXY analyses, I anticipate a correction in the index, which should lead to a rise in major USD pairs. Among all the USD pairs I've recently covered, FX:GBPUSD appears to be the most bullish. Looking at the posted chart, after forming a bullish Pin Bar at its recent low in mid-January, GBP/USD began to reverse and climbed to 1.25, which was the initial target at that time. A correction followed this first leg up. What stands out in this case is the strong bullish reversal candle that formed after Monday’s Asian open gap. Not only did it fill the gap (like in EUR/USD's case), but the pair also returned to the 1.25 resistance level. This structure signals strong bullish momentum, and I expect GBP/USD to continue its ascent toward the next key resistance zone at 1.28. In conclusion, my strategy remains to buy the dips. Depending on the entry point, this setup offers a potential risk-to-reward ratio of over 1:3.
Long
by Mihai_Iacob
GBP/USD "The Cable" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on! however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at 1.22500 (swing Trade) Using the 2H period, the recent / nearest low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1.6700 (or) Escape Before the Target Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: GBP/USD "The Cable" Forex Market market is currently experiencing a bullish trend,., driven by several key factors. 📊 Fundamental Analysis The British government's upcoming budget may introduce a "more flexible fiscal policy," boosting GDP by 0.5% in 2025/26, according to Pantheon Macroeconomics . This could lead to higher interest rates and support the pound. 📊 Macroeconomics The UK's economic growth is expected to slow down, but the Bank of England may maintain higher interest rates to control inflation. This could impact the GBP/USD pair 📊 COT Report The latest COT report shows that large speculators have increased their net long positions in the GBP/USD pair, indicating a bullish sentiment 📊 Market Sentiment The market sentiment for GBP/USD is currently bullish, with 60% of traders expecting a rise in prices. However, some analysts warn that the pair may be overbought 📊 Institutional and Retail Banks Positioning Institutional traders are currently net long on GBP/USD, while retail traders are net short. This divergence in positioning could lead to a potential bullish move in the pair. 📊 GBP/USD Trader Sentiment - Bullish Traders: 62% (Institutional: 70%, Retail: 55%) - Bearish Traders: 31% (Institutional: 20%, Retail: 40%) - Neutral Traders: 7% (Institutional: 10%, Retail: 5%) 📊 Positioning - Institutional Traders: Net Long (Ratio: 2.5:1) - Retail Traders: Net Short (Ratio: 1.2:1) - Leverage: Average leverage used by traders is 10:1 📊 Market Sentiment Indicators - SWFX Sentiment Index: 1.23 (Bullish) - OANDA Sentiment Tool: 61% Bullish, 39% Bearish - FX Blue Trader Sentiment: 60% Bullish, 40% Bearish Please note that these numbers are subject to change and might not reflect the current market situation. Always conduct thorough research and analysis before making any trading decisions. Overall Outlook Based on the analysis, the GBP/USD pair is expected to move in a bullish trend, with a 60% chance of an uptrend and a 40% chance of a downtrend. However, it's essential to monitor market news and events, as they can impact the pair's direction ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Long
by Thief_Trader
Selling opportunity for GBPUSD!Based on the chart, price reached a resistance area that I previously considered for bigger timeframe and the reaction of price to this area is visible. So I considered this rejection of price and making new lower lows as changing the trend to bearish (in 15min chart ). Also risk/reward of this opportunity is around 1/4 which is considerable and I prefer to try it. how ever please pay attention to the news ( Durable goods orders ) that can effect on the chart.
Short
by Brian_Philips
GBPUSD is in the Buying Direction after Testing SupportHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
1
GBP/USD "The Cable" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉 Entry 📈 : Traders & Thieves with New Entry A bull trade can be initiated on the MA level breakout of 1.23400 Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level. Goal 🎯: 1.26000 (or) Escape Before the Target Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Fundamental Outlook 📰🗞️ Here are some fundamental factors that could impact the GBP/USD: Valuation Metrics: Price-to-Earnings (P/E) Ratio: The current P/E ratio for the UK is around 15, which is slightly above the historical average. Price-to-Book (P/B) Ratio: The current P/B ratio for the UK is around 1.2, which is slightly above the historical average. Dividend Yield: The current dividend yield for the UK is around 4.5%, which is slightly above the historical average. Economic Indicators: GDP Growth Rate: The UK's GDP growth rate is expected to be around 1.5% for 2023, which is slightly below the historical average. Inflation Rate: The UK's inflation rate is expected to be around 2% for 2023, which is slightly above the historical average. Unemployment Rate: The UK's unemployment rate is expected to be around 3.5% for 2023, which is slightly below the historical average. Monetary Policy: Interest Rates: The Bank of England's (BoE) interest rates are currently at 0.75%, which is slightly above the historical average. Quantitative Easing: The BoE has been engaging in quantitative easing to stimulate the economy, which has helped to keep interest rates low. Fiscal Policy: Government Spending: The UK government's spending is expected to increase by around 2% for 2023, which is slightly above the historical average. Taxation: The UK government's taxation policies are expected to remain relatively stable for 2023, with no major changes expected. Geopolitical Factors: Brexit: The UK's exit from the European Union (EU) is still uncertain, and the outcome of the Brexit negotiations will have a significant impact on the GBP/USD pair. US-UK Trade Relations: The US and UK are expected to negotiate a new trade agreement, which could have a positive impact on the GBP/USD pair. Technical Analysis: Trend: The GBP/USD pair is currently trading in a bearish trend, with a falling 50-day moving average and a bearish MACD crossover. Sentiment Analysis: Bullish Sentiment: 40% Bearish Sentiment: 60% Neutral Sentiment: 0% Market Positioning: Long Positions: 30% Short Positions: 70% Neutral Positions: 0% Event Risk: BoE Interest Rate Decision: March 18, 2023 UK GDP Growth: March 10, 2023 Brexit Negotiations: Ongoing Correlation Analysis: GBP/USD vs. EUR/USD: 0.8 GBP/USD vs. USD/JPY: -0.5 GBP/USD vs. AUD/USD: 0.3 Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Long
by Thief_Trader
Ghost Traders FX GBP/USD Trend Continuation [SHORT]News volume has failed to create disrupt the bearish structure and trend, liquidity remains targetable on the sell side with buyside liquidity swept last night. I don't see the DXY reversing bearish just yet but I believe we are close. My Bias is Short as price seems very likely to target 1.203 before any major trend reversal. Trade Record for GTFX stands at 126 wins, 17 breakevens, 7 losses with a 94%+ W/R & +2670 pips gained.
Short
by GTFX_Trading
GbpUsd could correct from important supportLast week, GBP/USD saw a sharp decline, dropping over 400 pips from its recent high after briefly spiking above former support, which has now turned into resistance. The pair is currently trading at 1.2150. Although the overall trend remains strongly bearish, a short-term correction and upward move is possible. The 1.2070 level serves as key technical support, and with the psychological 1.2000 level nearby, short-term traders might find buying opportunities in this zone. If a rebound occurs, the 1.2300 level could serve as a potential target for such a trade.
Long
by Mihai_Iacob
6