GBPUSDGBPUSD Breakout from the massive range and now has tested its previous Lower High as a Deep Pullback
I am anticipating it as a short entry with the RR of 1:3
GBPUSD.1.CSM trade ideas
Fri 28th Feb 2025 GBP/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/USD Sell. Enjoy the day all. Cheers. Jim
Another look at US GDP | FX ResearchThe US dollar is mildly bid into the North American session as it continues to generate interest from the Trump trade tension. We believe most of this is more negotiation tactic than anything else, though for the time being, the unpredictability is impacting the currency market. US equities have done a better job dealing with all of this, with equity futures pointing notably higher.
UK PM Starmer is in Washington today and is expected to attempt to secure support for Ukraine. The yen has been a standout loser on the day, with much of the selling attributed to reports showing long yen positioning as overextended. The Australian dollar has come under some pressure after another round of softer economic data.
Looking ahead, we get a second and more in-depth look at US GDP along with durable goods, initial jobless claims, and pending home sales. We also get Canada’s current account, Canada weekly earnings, ECB minutes, and a round of Fed speak.
GBPUSD LONGMarket structure bullish on HTFs 3
Entry at both Daily And Weekly AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Previous Daily Structure Point
Around Psychological Level 1.26000
H4 Candlestick rejection
Rejection from Previous structure
Levels 7.05
Entry 105%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
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GBP/USD Short-Lived Bullish Momentum with a Bearish BiasThe GPBUSD are showing mixed signs across times frames 5min, 15m and 4H but suggests that bullish momentum will be short-lived as price approaches 1.2700.
UK economic data has not been the best this week, as car registration data continues to show weakness leading me to believe that consumers are hesitant for bigger purchases. In the bigger picture of things we would likely see slowdowns in key market segments to follow which will pressure the pound over the medium term.
Trade Ideas
Bullish Trade Idea
Entry: Buy on breakout above 1.2700 with strong volume confirmation.
Stop-Loss: Below recent structure of 1.2670
Target TP1: 1.2730 short-term resistance
Target TP2: 1.2750 key area of interest
Risk to Reward: ~1:2
Bearish Trade Idea
Entry: Sell on rejection from 1.2700 - 1.2710
Stop-Loss: Above structure high of 1.2715
Target TP1: 1.2625 intraday support
Target TP2: 1.2600 psychological level
Risk to Reward: ~1:2
From a macro perspective I do favour a bearish trade set-up due to the U.S economic data looking a bit robust, however tariff uncertainty will play against traders in the near to medium term. Because of this I would look for a breakdown of price action if price does not reach near term resistance.
Entry Point: GBP/USD breaks below the 1.2650 support level
Stop-Loss: slightly above 1.2670
Target TP1: 1.2625
Target TP2: 1.2600
GBP/USD Market Analysis: Trading Plan for Feb 27, 2025👋 Today, we’re diving into the OANDA:GBPUSD market to uncover key price levels and potential trade setups. Whether you're a price action trader or an indicator-based trader, this analysis will provide you with a clear plan for the session ahead. Let’s get started! 🚀
📊 Market Overview & Current Session
Date: February 27, 2025
Current Trading Session: London Session (European session 🇪🇺) – High liquidity and volatility expected!
Chart Timeframe: 1H (Hourly)
Major Indicators: EMA 34 (gray), EMA 89 (yellow), EMA 200 (red)
At the time of writing, GBP/USD is trading around 1.2670, consolidating after a recent bullish push. Price is currently testing the 34 EMA, while the 89 EMA (yellow) is acting as dynamic support around 1.2653.
🔥 Key Technical Levels to Watch
📍 Resistance Zones:
1.2700 - 1.2720: Strong supply zone, sellers may step in here.
1.2750: Psychological resistance level.
📍 Support Zones:
1.2650 - 1.2630: Buyers are likely to defend this area (aligned with the 89 EMA).
1.2620: Key support level; a break below could trigger further downside.
📈 Trade Setups & Recommendations
📌 Bullish Scenario (Buy Setup)
If GBP/USD holds above 1.2650 and forms a bullish structure, consider entering long positions:
✅ Entry: 1.2660 - 1.2670 (on bullish confirmation)
🎯 Target (TP): 1.2700, 1.2720
🛑 Stop Loss (SL): 1.2635
💡 Confirmation: Look for bullish candlestick patterns (pin bar, engulfing) at the support zone before entering.
📌 Bearish Scenario (Sell Setup)
If GBP/USD breaks 1.2650 and shows bearish momentum, a short opportunity may arise:
✅ Entry: 1.2640 - 1.2650 (on bearish confirmation)
🎯 Target (TP): 1.2620, 1.2600
🛑 Stop Loss (SL): 1.2675
💡 Confirmation: Look for price rejection at 1.2650 and a bearish candlestick close before shorting.
📢 Final Thoughts
The London session is in full swing, so expect increased volatility.
EMA alignment suggests an overall bullish bias, but a break below 1.2650 could flip the trend.
Always wait for confirmation before entering a trade – price action is king! 👑
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GBP/USD Trading Outlook – Observation Mode TodayToday, we have the ECB meeting along with several early-morning economic announcements from China.
I anticipate a potential breakout of either the 1.2700 resistance or the 1.2615 support by the end of the day. Given the market’s reaction to economic news, I'll be mostly in observation mode today, with limited trading activity.
Yesterday, I followed my observations, leading to a successful trade.
Let’s see how the market reacts!
GBP/USD update analysis February 27 To analyze the probability of a trade setup based on your GBP/USD chart, I will break it down into key factors:
**Market Structure & Bias**
1. **Break of Structure (BOS):** Indicates a shift in market structure.
2. **Change of Character (CHOCH):** Points to potential reversals or liquidity grabs.
3. **Liquidity Zones:**
- **Equal Highs (EQH):** Liquidity pools above resistance areas.
- **Discount Zones:** Price is at a discounted level where institutional buying might occur.
4. **Premium vs. Discount:**
- The price is near **equilibrium** and in the **discount zone**, suggesting potential bullish movement.
**Trade Probability Assessment**
**Bullish Scenario**
- **Entry Zone:** The price is approaching the **discount zone** and previous support areas.
- **Confirmation:** If a bullish engulfing or market structure shift occurs, a buy setup is valid.
- **Probability:** **~65% Bullish** if price finds support in the discount zone and breaks short-term highs.
**Bearish Scenario**
- **Entry Zone:** If price breaks the current equilibrium and premium rejection holds.
- **Confirmation:** If a lower high forms under the premium zone and price sweeps previous lows.
- **Probability:** **~35% Bearish** unless a strong breakout invalidates bullish confirmation.
**Final Probability Estimate**
- **Bullish:** **65%** (Buy Setup)
- **Bearish:** **35%** (Sell Setup)
GBPUSD Week 9 Swing Zone/LevelsLast week saw a few pinched pips and also few losses. This highlights the benefit of having a good risk to reward ratio.
Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc). This generates a fairly accurate levels with actual price action determining trades.
SL, stoploss is usually btw 10-15pips
TP, Takeprofit is 5-10x that, with sl moving to BE, breakeven once trade pinches +20pips.
The Day Ahead 26th Feb ‘25Wednesday February 26
Data: US January new home sales, Germany March GfK consumer confidence, France February consumer confidence, Australia January CPI
Central banks: Fed's Barkin and Bostic speak, BoE's Dhingra speaks
Earnings: Nvidia, Salesforce, Deutsche Telekom, TJX, AB InBev, Synopsys, CRH, Snowflake, Stellantis, E.ON, Novonesis, TKO, Paramount Global
Auctions: US 2-yr FRN, 7-yr Notes
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 UpdateGBPUSD currently moving in a range between strong supply and demand zone (1.26200 to 1.26730). we can go for high probability setup after break of zone.
Now see if it goes to break the resistance area (1.26730 to 1.26910) then we can go for buy trade on retesting and market structure shift. our next target will be (1.27280) and above liquidity.
And if it goes down and break the demand zone which is (1.26200) then we can go for sell till next demand zone or liquidity.
Do follow us to get notified of new publication. Hit like and leave a comment if you find that setup profitable.
Fundamental Market Analysis for February 26, 2025 GBPUSDOn Tuesday, the GBP/USD pair experienced a slight rebound, allowing the cable to retrace to the upper boundary of the short-term consolidation and hold bid near the 200-day exponential moving average (EMA).US consumer sentiment declined in February, adding to concerns of slowing economic growth, with US President Donald Trump reiterating his intention to impose stiff import taxes on his citizens as a trade war threat against the US's closest trading partners.
Despite weakening consumer sentiment, driven mainly by concerns over President Trump's tariff packages, the cable markets remained positive on Tuesday.Despite a new round of attempts by President Trump to start a trade war, markets continue to believe that the US President will find a reason to put aside his own tariff threats at the 11th hour.
The data calendar for the US and UK has relatively few items scheduled for Wednesday, although the market is anticipating the release of the US Gross Domestic Product (GDP) on Thursday. Friday will conclude the week with the release of updated US Personal Consumption Expenditure (PCE) inflation data, a key indicator that investors hope will show that the recent rise in the core Consumer Price Index (CPI) has not affected core inflation.
Trading recommendation: BUY 1.26500, SL 1.26000, TP 1.27300
GBP/USD Approaching Key Reversal ZoneThe GBP/USD pair has reached a critical resistance area around 1.2658, aligning with the 1.13 Fibonacci extension level of the harmonic Gartley pattern. The price action suggests potential exhaustion in the bullish trend, with signs of rejection near this level.
A confirmed reversal could lead to a corrective move towards key support zones at 1.2456 and 1.2320. However, if the pair sustains above 1.2685, further upside towards 1.2732 and the HOP level at 1.2843 remains possible.
