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British Pound vs US Dollar

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GBPUSD.P trade ideas

POUNDS CLIMBS amid Eco Growth & Slower Inflation. What's Next?A week ago BOE just cut it's rate by 25 bps and still have possibility to continue it's normalization cycle. Yesterday we saw GDP m/m actual data higher than expected and it's good for currency. YoY inflation rate also still in control and it's also good for currency. Technically, the bullish momentum just paused by trendline resistance and classical resistance. Pounds may have correction movement before he continue it's uptrend. Traders may use 1.25000 and see buy chance with a stoploss at 1.24440
Long
by vicariuzchrist
GBP/USD Price Forecast – Head & Shoulders Breakout! The GBP/USD pair is forming a Head & Shoulders pattern, signaling a potential bullish breakout! The market is respecting the trendline, and we just need a strong bullish candle above the neckline for confirmation. 📊 Technical Analysis ✅ 📉 Head & Shoulders Pattern – A bullish reversal setup ✅ 📈 Trendline Support – Market structure is holding ✅ 🔥 Breakout Confirmation – A strong bullish candle is key 🎯 Target Levels: 📌 1.277 – First short-term target 📌 1.302 – Mid-level resistance zone 📌 1.340 – Final extended target 📢 Trading Strategy: 🔹 Wait for breakout above the neckline with volume confirmation 🔹 Ensure strong momentum before entering 🚀 🔹 Hold while trendline remains respected 🔹 Set stop-loss below the breakout zone for risk management 📌 Like, comment & follow for more updates! 🔔🔥
Long
by Jos_Pro_Trader
GBPUSD H4 | Bearish FallBased on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.2560, which is swing high resistance. Our take profit will be at 1.2466, an overlap support level. The stop loss will be placed at 1.2619, above a swing high resistance level. 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 WEEKLY OUTLOOKThe daily timeframe market structure is showing a clear bearish trend. Price has failed twice to break the last low high to create a new trend. Therefore, the trend remains bearish and we should only look for sells. However, on the 4H timeframe, we do not have a clear confirmation on which direction the price wants to move. Yes, we have the long-term trend, but the market is not yet set up on the lower timeframe. Price have been ranging from Jan 27th to the present day. We shall wait for a clear BOS on the 4H timeframe before we look for an entry.
by Princessk99
GBPUSD GBP/USD, also known as “Cable,” represents the exchange rate between the British pound and the U.S. dollar. It is one of the most liquid and actively traded currency pairs in the forex market. The pair is influenced by interest rate decisions from the Bank of England (BoE) and the Federal Reserve (Fed), economic data releases, inflation reports, and geopolitical developments. GBP/USD tends to be most volatile during the London and New York trading sessions, when market liquidity is at its peak. Traders closely watch UK and U.S. economic performance to anticipate price movements and trading opportunities.
Short
by HavalMamar
GBPUSD WANT BULLISH ZONE AT 1.23950🚀 GBP/USD Analysis & Forecast GBP/USD has rejected its support zone and is now showing a strong bullish trend, signaling potential upside movement. 🔄 Key Levels to Watch Buy Zone: 1.23935 Resistance Zone: 1.25500 (Key level to break for further upside) Support Zone: 1.22800 (Strong base for buyers) Technical Target: 1.27350 🔍 Market Outlook Bullish Confirmation: The price has bounced from 1.22800, confirming buyer strength. Breakthrough Levels: A move above 1.25500 could accelerate bullish momentum toward 1.27350. Pullback Opportunities: If GBP/USD retests 1.23935, it could provide a fresh buying opportunity before the next move up. 💡 Trading Plan: Buy above 1.23935, targeting 1.25500 first, then 1.27350. Stop-loss: Below 1.22800 to protect against downside risk. Watch price action at 1.25500 for breakout confirmation.
by ALBERTGOLDHUNTER
Gbpusd at Resistance is it going to sell or buy ? GBP/USD Analysis: Waiting for the Turning Point The GBP/USD pair is currently trading at *1.25340*, hovering around its resistance level. As we await the turning point, market participants are poised to make their next move. Technical Outlook The resistance level has been a significant hurdle for the pair, and a breakout could trigger a buying opportunity. Conversely, failure to breach this level may lead to a sell-off. Trading Scenario - *Buy Scenario:* A breakout above the resistance level could spark a buying opportunity, with potential targets at higher levels. - *Sell Scenario:* Failure to break through the resistance level may lead to a sell-off, with potential targets at lower levels. Next Steps We will continue to monitor the GBP/USD pair's price action, awaiting the turning point that will dictate our next move. Stay tuned for further updates. Please note that this is a general analysis and not personalized investment advice. Always consult with a financial expert before making trading decisions.Here's a draft article based on your analysis: GBP/USD Analysis: Waiting for the Turning Point The GBP/USD pair is currently trading at *1.25340*, hovering around its resistance level. As we await the turning point, market participants are poised to make their next move. Technical Outlook The resistance level has been a significant hurdle for the pair, and a breakout could trigger a buying opportunity. Conversely, failure to breach this level may lead to a sell-off. Trading Scenario - *Buy Scenario:* A breakout above the resistance level could spark a buying opportunity, with potential targets at higher levels. - *Sell Scenario:* Failure to break through the resistance level may lead to a sell-off, with potential targets at lower levels. Next Steps We will continue to monitor the GBP/USD pair's price action, awaiting the turning point that will dictate our next move. Stay tuned for further updates. Please note that this is a general analysis and not personalized investment advice. Always consult with a financial expert before making trading decisions.
by emmasosu456
3
Why GBPUSD will continue going upAs we can see Price respected the Demand level and changed directions Our CHoC was broken and price kept making new Higher highs and higher lows to confirm that buyers/bulls are in control of the Market and signifies an uptrend We have a new higher high that the price looks like it'll break through it and that will confirm the volume of the bulls is high, also our weak low shows how our Bears are inferior The best choice would be to wait for a breakout of the recent Higher high and place our buy entries after, as this would have confirmed buyers are in total control and would give us more winning opportunities If somehow the market breaks the Solid low then this invalidates bulls and show that bears are in control.
Long
by StarleXtheTrader
UK GDP beats forecast, gives sterling a liftThe British pound has edged higher on Thursday.  GBP/USD is trading at 1.2460, up 0.15% on the day. The UK economy ended 2024 on a high note, as GDP rose 0.4% m/m in December. This was the fastest pace of growth in nine months and blew past the market estimate of 01.%. The surprise gain was driven by increases in services and manufacturing activity. Annually, the economy expanded 1.5% in December, its best showing since Oct. 2022. This followed a revised 1.1% gain in November and beat the market estimate of 1%. The surprise to the upside in GDP is welcome news but is tempered by the fact that much of the growth may have been due to government spending, as business investment decreased in the fourth quarter and consumer spending was flat. GDP quarterly growth was only 0.1%, an indication that the UK economy is still weak. Fed Chair Jerome Powell testified before the House Financial Services Committee on Wednesday, just after the release of January's hot inflation report. Headline and core CPI were both higher than expected, with headline inflation accelerating for a fourth consecutive month. Powell told lawmakers that the Fed had made "great progress" on inflation, but acknowledged there was more work to do. Powell said that the Fed doesn't "get excited about one or two bad readings" but there are concerns that inflation could be moving in the wrong direction, away from the Fed's 2% target. The Fed's battle with inflation has also become more complicated with President Donald Trump's promise to impose tariffs on US trading partners. Trump has called on the Fed to lower interest rates, raising fears that he is trying to dictate monetary policy to the Fed, which is suppose to act independent of political considerations. GBP/USD tested resistance at 1.2493 earlier. Above, there is support at 1.2541 1.2435 and 1.2387 are the next support levels
by OANDA