Get started

GBP/USD Mini

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

GBPUSD.1.CSM trade ideas

Cable H4 | Falling to overlap supportThe Cable (GBP/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.2371 which is an overlap support that aligns with a 38.2% Fibonacci retracement. Stop loss is at 1.2282 which is a level that sits under a pullback support and the 50.0% Fibonacci retracement. Take profit is at 1.2501 which is a swing-high resistance. 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 (www.fxcm.com): 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 (www.fxcm.com): 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 (www.fxcm.com): 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 www.fxcm.com Stratos Global LLC (www.fxcm.com): 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.
Short
by FXCM
British Pound / U.S. DollarHello dear traders, I have currently charted the Pound in the 15-minute timeframe. This is not an entry signal! Instead, these ranges are suitable for buying. If confirmed in the 1-minute timeframe, consider smaller targets, as the daily chart is bullish, aiming for 1.25760. This target pertains to the daily timeframe, so I am primarily looking for buy trades. Currently, we are trading against the trend, which makes this analysis quite aggressive. It's important to recognize that this type of trade requires sufficient market experience. Now, let's discuss the Pound chart. In the daily timeframe, we are still in a bullish phase. We have observed a Change of Character (CHOCH) in the daily timeframe, and the price has reached the extreme bullish Order Block. For the daily chart to confirm a bullish trend, the price needs to reach 1.25760, meaning it should rise at least one point higher. In the 4-hour timeframe, we are also in a minor bullish structure with a current price of 1.25236. This indicates that the high price in the 4-hour timeframe needs to be touched. Based on this information, we are looking for bullish confirmations in the 15-minute timeframe and have identified a minor CHoCH, selecting potential entry points. Now we are waiting for the price to reach the desired areas. Once confirmed, I will enter the position and hold onto the trade's liquidity. At stages where it becomes profitable, I will take partial profits. Thank you for your support! Risk Disclosure Please note that all transactions in financial markets carry high risks. There is a possibility of losing capital, so it's imperative to conduct thorough analysis before entering any trades and to implement appropriate risk management strategies. Wishing you all the success! Fereydoon Bahrami "A retail trader in the Wall Street trading Center (Forex)."
Long
by fereydoon1199
Falling towards overlap support?GBP/USD is falling towards the support level which is an overlap support that is slightly below the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.2370 Why we like it: There is an overlap support level that is slightly below the 38.2% Fibonacci retracement. Stop loss: 1.2298 Why we like it: There is a pullback support level that line sup with the 61.8% Fibonacci retracement. Take profit: 1.2501 Why we like it: There is a pullback resistance. 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.
Long
by VantageMarkets
GBP/USD Rolling Over at Resistance - Where Next?Chart Analysis: GBP/USD is approaching the critical 1.2500 resistance level, a threshold that could determine the next directional move for the pair. 1️⃣ Resistance at 1.2500: The horizontal level at 1.2500 has acted as a significant barrier, capping recent upward momentum. A decisive break above this level would pave the way for further gains, potentially targeting the 1.2600 area or beyond. 2️⃣ Moving Averages: 50-day SMA (blue): Positioned at 1.2525, aligning closely with the resistance zone and reinforcing its importance. 200-day SMA (red): At 1.2791, remains above current price levels, indicating that the longer-term trend still favors the bears. 3️⃣ Momentum Indicators: RSI: At 51.49, showing neutral momentum but with room for further upside before reaching overbought territory. MACD: Remains below zero but is trending higher, suggesting improving bullish momentum. What to Watch: A sustained breakout above 1.2500 and the 50-day SMA could signal the start of a bullish reversal. Failure to clear this zone may result in a pullback, with immediate support at 1.2400 and further downside toward 1.2300. GBP/USD remains at a pivotal juncture, with the 1.2500 level acting as a key hurdle that bulls must overcome to establish a broader recovery. -MW
by FOREXcom
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