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 Will Go Up! Buy! Here is our detailed technical review for GBPUSD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.293. The above observations make me that the market will inevitably achieve 1.297 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBP/USD ANALYSIS ON D1(TF) • The chart shows the GBP/USD price action from early 2024 to March 2025. • The price experienced a significant uptrend from around May 2024 (near 1.26000) to a peak in September 2024 (around 1.32000). • After hitting this peak, the price entered a consolidation phase, followed by a downtrend starting in late 2024, bringing it to the current level of 1.29634. • The recent price action shows a decline, as indicated by the 0.30% drop. 2. Key Levels (Support and Resistance) • Resistance Zone: The chart highlights a resistance zone between approximately 1.29634 and 1.30655 (shaded in green). This zone acted as a ceiling for the price in late 2024 and early 2025, where the price struggled to break through and reversed downward. • Support Zone: A support zone is marked around 1.22829 (shaded in red). This level appears to be a historical low from early 2024, suggesting it could act as a strong support if the price continues to decline. • The price is currently near the lower boundary of the resistance zone (1.29634), which may now act as support after being tested as resistance previously. 3. Projected Price Range (Right Side) • The chart includes a projected price range for the future, shown on the right side in USD values: • Upper Bound: 1.30655 (top of the resistance zone) • Lower Bound: 1.22829 (support level) • Current Price in Range: 1.29634, which is closer to the lower end of the resistance zone. • This range suggests that the price could either bounce back toward the upper resistance at 1.30655 or continue its decline toward the support at 1.22829. 4. Volume and Volatility • The chart does not explicitly show volume, but the candlestick patterns indicate periods of higher volatility (larger candles) during the uptrend and downtrend phases, with smaller candles during consolidation. • The recent price action shows smaller candles, suggesting a potential decrease in momentum or indecision in the market. 5. Potential Scenarios • Bullish Scenario: If the price holds above the current level of 1.29634 (which aligns with the lower boundary of the resistance zone), it could act as support, and the price might attempt to retest the upper resistance at 1.30655. A breakout above this level could signal a continuation of the longer-term uptrend. • Bearish Scenario: If the price fails to hold 1.29634 and breaks below this level, it could signal further downside. The next significant support is at 1.22829, a substantial drop from the current price. Intermediate support levels (e.g., around 1.26000, based on previous price action) might provide temporary pauses in the decline. • Consolidation: The price might also consolidate between 1.29634 and 1.30655 for a while if market participants remain indecisive, especially given the recent lack of strong momentum.
Short
by Stockhut_xc
GBP/USD DAY1 analysis • The chart shows the GBP/USD price action from early 2024 to March 2025. • The price experienced a significant uptrend from around May 2024 (near 1.26000) to a peak in September 2024 (around 1.32000). • After hitting this peak, the price entered a consolidation phase, followed by a downtrend starting in late 2024, bringing it to the current level of 1.29634. • The recent price action shows a decline, as indicated by the 0.30% drop. 2. Key Levels (Support and Resistance) • Resistance Zone: The chart highlights a resistance zone between approximately 1.29634 and 1.30655 (shaded in green). This zone acted as a ceiling for the price in late 2024 and early 2025, where the price struggled to break through and reversed downward. • Support Zone: A support zone is marked around 1.22829 (shaded in red). This level appears to be a historical low from early 2024, suggesting it could act as a strong support if the price continues to decline. • The price is currently near the lower boundary of the resistance zone (1.29634), which may now act as support after being tested as resistance previously. 3. Projected Price Range (Right Side) • The chart includes a projected price range for the future, shown on the right side in USD values: • Upper Bound: 1.30655 (top of the resistance zone) • Lower Bound: 1.22829 (support level) • Current Price in Range: 1.29634, which is closer to the lower end of the resistance zone. • This range suggests that the price could either bounce back toward the upper resistance at 1.30655 or continue its decline toward the support at 1.22829. 4. Volume and Volatility • The chart does not explicitly show volume, but the candlestick patterns indicate periods of higher volatility (larger candles) during the uptrend and downtrend phases, with smaller candles during consolidation. • The recent price action shows smaller candles, suggesting a potential decrease in momentum or indecision in the market. 5. Potential Scenarios • Bullish Scenario: If the price holds above the current level of 1.29634 (which aligns with the lower boundary of the resistance zone), it could act as support, and the price might attempt to retest the upper resistance at 1.30655. A breakout above this level could signal a continuation of the longer-term uptrend. • Bearish Scenario: If the price fails to hold 1.29634 and breaks below this level, it could signal further downside. The next significant support is at 1.22829, a substantial drop from the current price. Intermediate support levels (e.g., around 1.26000, based on previous price action) might provide temporary pauses in the decline. • Consolidation: The price might also consolidate between 1.29634 and 1.30655 for a while if market participants remain indecisive, especially given the recent lack of strong momentum.
Short
by Stockhut_xc
Potential bearish drop?The Cable (GBP/USD) has reacted off the pivot which is a pullback resistance and could drop to the 1st support which has been identified as a pullback support. Pivot: 1.2963 1st Support: 1.3870 1st Resistance: 1.3007 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
GBPUSD H4 | Bearish ContinuationBased on the H4 chart, the price may make a bearish reversal off our sell entry level at 1.2976, an overlap resistance. Our take profit is set at 1.2933, a swing low support. The stop loss is set at 1.3013, 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 (fxcm.com/uk): 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 (fxcm.com/eu): 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 (fxcm.com/au): 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 fxcm.com/au Stratos Global LLC (fxcm.com/markets): 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
GBPUSD Rally will Correct and ResumeThe Fed held rates at 4.50%, matching market expectations. Powell highlighted high uncertainty over the outlook, stressing that tariffs are a significant factor driving inflation expectations. Economic forecasts saw notable shifts: 2025 GDP growth was trimmed to 1.7% from 2.1%, while core PCE inflation was revised up to 2.8%. The US dollar weakened as the Pound surged, with GBPUSD touching a fresh 4‑month high. The concern amongst traders and myself is slowing growth and rising inflation. While the Fed holds rates steady, the USD will weaken, reflecting slower economic activity. I believe the GBPUSD rally will be short-lived since prices have rapidly increased. Trend: LSMA moving higher in a sharply vertical fashion Momentum: Overbought and due for a correction Japanese Candles: Bullish Engulfing on 1/20 supporting rally - smaller printed candles now Chart Pattern: None - channel too sharp to draw Support and Resistance: 1.2650 is Support, 1.3100 is Target Fundamentals: Next week U.K. CPI and PMI, U.S. GDP Trade: None - wait for the retracement Stop: None Target: None Risk:Reward is None
by positionforex
UPDATED ANALYSIS ON GBP/USDGBP/USD 1H - With this pair we have very similar thoughts to what we have on the EU pair. Rightly so with the USD being quote on both pairs, we want to see a breakdown in price. Now that price has broken structure to the downside breaking the last structural fractal low, it gives us some confluence that price is ready for a down move and the balance is in favour of Supply. In order for us to have confirmation however to short this market we must see price trade into the Supply Zone given, rejecting well and breaking structure for the second time but on the lower timeframes. This will confirm the end of the correction and the start of the next impulse lower. This giving us enough confluence to short this market longer term, setting our TP just above the last higher timeframe low.
Short
by Lukegforex
Short-selling strategy for GBPUSDThe one - hour chart of GBPUSD indicates that the current price is 1.29750, with the market showing potential bearish sentiment. The 1.30000 level acts as a key resistance zone, with multiple support levels below. If the price fails to break through this resistance, a decline is likely. GBPUSD sell@1.29600-1.30000 tp:1.28500 Traders, if this concept fits your style or you have insights, comment! I'm keen to hear. For those who are seeking professional guidance in trading trend analysis, strategy formulation, and risk management, please click below to get the daily strategy updates.
Short
by JohnGonzalez7