Get started

British Pound vs US Dollar

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

GBPUSD.P trade ideas

GBPUSD Is Very Bearish! Sell! Here is our detailed technical review for GBPUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1.247. Considering the today's price action, probabilities will be high to see a movement to 1.240. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
GBP/USD: Pound Sterling Bounces Back as Market Sentiment ShiftsThe Pound Sterling (GBP) is showing resilience at the start of the week, bouncing back against its major peers. This surge can be attributed to multiple factors, with a notable influence from the recent developments in the UK government bond market. As the market digests the weak UK Retail Sales data for December, there has been a notable uptick in demand for UK gilts, signaling confidence among investors despite the bleak economic indicators. At the same time, the broader market is experiencing heightened interest in risk assets as anticipation builds around U.S. President-elect Donald Trump's upcoming inauguration. This event has been a focal point for traders, leading to a reassessment of positions across various currencies, including the GBP. From a technical analysis perspective, the Pound appears to be finding support at a crucial demand zone, indicating a potential rebound. If this area holds, it could signal a retracement that may provide traders with an attractive opportunity to enter long positions. This should be monitored closely, as price action around this demand area can reveal market sentiment and lead to further buying pressure. Looking ahead, the next key event to influence GBP's trajectory is the release of UK employment data for the three months ending in November, set to be published on Tuesday. Investors will be keenly analyzing this data to gauge the health of the UK labor market in the face of ongoing economic challenges. Positive results could further bolster the Pound's position, while disappointing figures may lead to a recalibration of expectations. As traders position themselves ahead of these economic releases, we are particularly bullish on the Pound Sterling. If the UK employment figures align positively with market expectations, it could fuel further momentum, allowing the GBP to extend its gains in the upcoming sessions. For those looking to capitalize on the potential upswing, a long position in GBP seems to be a prudent strategy, as the current technical setup and changing market dynamics suggest an advantageous window for entry. In summary, the Pound's recent bounce is a product of both technical factors and broader market sentiment. With critical economic releases on the horizon, traders should remain vigilant and prepared to respond to evolving conditions as they unfold. ✅ Please share your thoughts about GBP/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Long
by FOREXN1
1
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
by ForexMasters2000
1
GBPUSD M15 I Bearish BreakoutBased on the M15 chart, the price is approaching our sell entry level at 1.2316, which aligns with a pullback resistance. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 1.2254, aligning with the 78.6% Fibo retracement and a pullback support. The stop loss is set at 1.2375, above the 127.2% Fibonacci extension, providing room for price fluctuations while protecting against invalidation of the bearish bias. 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. 64% 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, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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
1
GBP/USD +130 Pips 0 Drawdown , New Entry For Next Week !Our trade running +130 Pips 0 Drawdown , and i have another entry for next week , it`s show in the chart , don`t miss it ! This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Long
by FX_Elite_Club
1
DAY 12: Inauguration Day.As stated earlier today we have the swearing in of US president elect Donald Trump which is scheduled for New York AM session. Today being a Monday ,we normally have the market ranging but for today we will be looking at the market differently. Market could be volatile during those hours and I expect price swings which could affect your account positively or negatively so today trade with caution. Took a sell on GBPUSD earlier as I expect price to retest the previous lows at 1.21100 and maybe even lower before a correction higher.Range is between 1.2300 and 1.21100
Short
by Muchangi
1
BUY TREND started in GBPUSD, Breakout & Retracement done there..📈 GBPUSD Price Forecast 📈 GBPUSD has broken out of the descending trendline and formed a symmetrical triangle pattern at the bottom of the downtrend. The breakout of the triangle has been confirmed, followed by a successful retracement to the breakout level. With buying volume increasing, the bullish momentum is strengthening. The pair is expected to rally from the current level of 1.2220, aiming to break above the 200 EMA. The first major resistance lies at the 1.2320 supply zone, with further upside potential toward higher target levels. 🎯 Technical Target Levels: - 1.2320 (First target and supply zone) - 1.2365 - 1.2505 - 1.2565 (Final target) 📌 Key Highlights: - Breakout of descending trendline and symmetrical triangle pattern. - Retracement completed, signaling bullish continuation. - Buyers gaining strength with increased volume. - Focus on the 200 EMA and supply zones for further confirmation. ✅ Stay Ahead of the Market! Like, comment, and follow for real-time updates and expert forecasts. Don’t miss the upcoming bullish move—trade confidently with our insights! 🚀 📢 Join the trading community for consistent growth and success! #GBPUSD #ForexTrading #TechnicalAnalysis #TradingSignals
Long
by TrendLogic1
7
GBPUSD Bulls Game Plan!- On the Daily Chart: - Support appears to be forming around the 1.2200 region, which could act as a floor for price movement. - If the price rises, 1.2300 could be a potential resistance level to watch for. - A close below 1.2154 could signal a bearish sentiment and lead the market towards the 1.2100 zone. - On the H4 Chart: - A close below 1.2174 would further confirm bearish pressure, suggesting that sellers may take control. - Alternatively, if the bulls manage to push the price upwards, breaking 1.2300 could signal a potential move higher, indicating bullish momentum. In summary: - Bearish scenario: Close below 1.2154 (Daily) or 1.2174 (H4), targeting 1.2100. - Bullish scenario: Price rises and holds above 1.2300, suggesting further upside potential. This gives you a framework to monitor both support and resistance levels on the charts.
Long
by J_Ngatia
2
GBPUSD I Swing Long Opportunity Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Long
by BKTradingAcademy
3
Bearish drop?The Cable (GBP/USD) has reacted off the pivot and could drop to the 1st support. Pivot: 1.2368 1st Support: 1.2236 1st Resistance: 1.2492 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bullish rise off 50% Fibonacci support?The Cable (GBP/USD) has reacted off the pivot which is a pullback support and could rise to the 1st resistance. Pivot: 1.2245 1st Support: 1.2162 1st Resistance: 1.2369 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
GBP/USD Ready To Go Up Hard , Don`t Miss This 250 Pips !Finally we have a daily closure above very strong Daily Res , this is a very good price action that confirm the price will go up hard for the next days , so now i`m waiting the price to go back to retest the broken res and give me a good bullish price action and then we can enter a buy trade to get 200 pips at least ! This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Long
by FX_Elite_Club
Bearish drop off pullback resistance?GBP/USD has reacted off the resistance level which is a pullback resistance that aligns with the 138.2% Fibonacci extension and could drop from this level to our take profit. Entry: 1.2372 Why we like it: There is a pullback resistance level that lines up with the 138.2% Fibonacci extension. Stop loss: 1.2474 Why we like it: There is a pullback resistance level that aligns with the 78.6% Fibonacci retracement. Take profit: 1.2239 Why we like it: There is an overlap support level that lines up with the 61.8% Fibonacci retracement. 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.
Short
by VantageMarkets
GBPUSD trade idea 19/01 to 25/1 long position on pull backThis week, the major news revolves around Trump and his actions upon taking office. Expect high volatility and erratic movements. For this week's trade idea, we need to wait for a pullback to the previous support level at 1.213 and enter a buy when we get confirmation. We are targeting the previous daily high at 1.23500, but remember to take partials and secure profit along the way. This trade is based on higher time frame analysis, support and resistance levels, and trend lines. As mentioned above, be cautious this week. Don't get trapped and use proper risk management. I'll update this as the week progresses.
Long
by F0rexBorex