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British Pound vs US Dollar

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GBPUSD.P trade ideas

Potential bullish bounce?GBP/USD is falling towards the support level which is a pullback support and could bounce from this level to our take profit. Entry: 1.2681 Why we like it: There is a pullback support level. Stop loss: 1.2603 Why we like it: There is a pullback support level. Take profit: 1.2778 Why we like it: There is a pullback resistance level that line sup with the 138.2% Fibonacci extension. 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
levels to stack bearish pound into upcoming event levels to stack bearish pound into upcoming event waiting for more buyside sweeps already in breakdown zones further extend of flush depends on trump's upcoming announcement Check out our socials for some nice insights. Let us know if there're any pair you like to see or if this is something you like. Do ask if you have any question Not as refined as our direct trade setups. More for advanced active traders. information created and published doesn't constitute investment advice! NOT financial advice
Short
by Mabelm
Set Up & Data Collection | Day 1 of 21 | Back Test With Me21-Day Backtesting Plan A Step-by-Step Challenge to Master One Pair and Develop an Unshakable Trading Edge Backtesting is the foundation of trading mastery. This 21-day plan is designed to help you deeply understand GBPUSD, refine your strategy, and build the confidence needed to trade with precision. Each day introduces a specific focus, challenge, and takeaway, progressively strengthening your ability to read market movements. Week 1: Laying the Foundation – Market Structure & Patterns 📅 Day 1: Set Up & Data Collection Task: Gather at least 6 months of historical GBPUSD data on your charting platform. Challenge: Define your testing parameters (e.g., timeframe, session focus, lot size). Takeaway: Clarity in what you’re testing prevents randomness in your results. Are you up for our 21 Day Backtesting Challenge? Drop Your Thoughts in the Comment Section, boost the post, share with your friends and follow me on Trading View if you had an aha moment. -TL
Education
by TLTurnerTV
GBP/USD Bullish Setup with EMA Cross & Strong SupportGBPUSD TRADE ALERT : TRADE LONG Trade Setup Entry: Buy at 1.26000 Stop Loss: 1.25500 (-50 pips) Take Profit Targets: TP1: 1.26350 (+35 pips) TP2: 1.26700 (+70 pips) TP3: 1.27000 (+100 pips) Technical Confirmation EMA7 Crosses Above EMA21 & EMA50 → Short-term bullish signal EMA21 Crosses Above EMA50 → Stronger uptrend confirmation Support Level at 1.25750 → A key level to watch for price holding Risk Management Risk-to-Reward Ratio (RRR): TP1: 0.7:1 (not ideal) TP2: 1.4:1 (acceptable) TP3: 2:1 (good) Position Sizing: Ensure you risk only 1-2% of your account per trade. Additional Considerations Watch for price action signals around the support at 1.25750. If price struggles at TP1 (1.26350), consider moving SL to breakeven. Keep an eye on news events (e.g., NFP, CPI, FOMC) that can impact GBP/USD.
Long
by elitetrader9090
1
''GBP/USD Bullish Setup; Key Levels & Targets Ahead'' Technical Analysis of GBP/USD (4H Timeframe) The GBP/USD currency pair is currently exhibiting bullish momentum, trading at 1.26307, with a marginal decline of -0.11%. The price action has demonstrated a steady uptrend, supported by key technical levels and a well-defined trendline. Key Observations: 1. Support Zone Validation - A significant support area has been established around 1.25741, acting as a key level for further upward movement. This level aligns with previous resistance-turned-support, reinforcing its structural importance in the ongoing bullish trend. 2. Ascending Trendline Confluence - The market is respecting an upward-sloping trendline, which continues to act as dynamic support. Any retracement toward this level could present buying opportunities in line with the prevailing trend. 3. Potential Demand Zone (Point of Interest - Buying Area) - A well-defined demand zone is situated around 1.25187, marking a potential area where institutional buyers may step in to support the price. If tested, this region could trigger another bullish leg. 4. Target Areas & Resistance Levels - The primary resistance zone is identified between 1.27159 and 1.28031, marking the next potential price objective. These levels coincide with prior liquidity zones, where sellers may emerge to challenge further upside movement. 5. Gap Analysis & Market Structure - A previously noted gap in price action has been filled, confirming the market’s efficiency in correcting inefficiencies. This adds credibility to the continuation of the upward trend. Outlook & Trading Bias: - The current structure remains bullish, with price action respecting both horizontal and dynamic support levels. - A break and retest of 1.25741 could offer an optimal entry point for buyers, targeting 1.27159 - 1.28031. - A violation of the trendline and 1.25187 support would shift the bias toward a potential corrective pullback, warranting caution among long-position traders. Conclusion: The GBP/USD pair remains poised for further gains, provided key support zones hold. Traders should monitor price reactions at the 1.25741 and 1.25187 levels for confirmation of bullish continuation or potential reversal signals. Don't forget to hit the like button & share your ideas in comments.
Long
by SOAM_PRO_TRADER
GBP - USD - 4H & 1H Timeframes1. Price Action Analysis (4H & 1H Timeframes) Market Structure & Trend The 4H chart shows a clear uptrend from mid-February, but recent price action indicates rejection from the highs (~1.2700) and a retracement towards lower levels. The 1H chart reveals a series of lower highs and lower lows, confirming short-term bearish momentum. The price is currently sitting around 1.2575, showing a weak attempt at recovery. Key Levels & Patterns Resistance: 1.2700 - 1.2720 → Recent swing high, strong supply area. 1.2650 - 1.2660 → Prior support now acting as resistance after a breakdown. Support: 1.2550 - 1.2560 → Current price area, possible demand zone. 1.2500 - 1.2510 → Strong psychological level, previous reaction point. Patterns Observed: Breakdown from recent support (1.2650) → Retest of this level could provide short opportunities. Bearish rejection at highs → Suggests sellers are in control. 2. Breakout & Retest Analysis The price recently broke below 1.2650 and has not reclaimed that level, signaling potential continuation downward. 1.2580 - 1.2600 zone is acting as temporary support, but weak bullish momentum suggests a possible break lower. 3. Potential Trading Setup 📉 Short Setup (Sell Opportunity) Entry: 1.2600 - 1.2620 (If price retests broken support and rejects) Stop-Loss: 1.2670 (+50-70 pips, above recent structure) Take-Profit Targets: TP1: 1.2550 (Partial profit, +50 pips) TP2: 1.2500 (Key support, +100 pips) TP3: 1.2450 (Final target, +150 pips) Risk-to-Reward Ratio: At least 1:2 (Better if entering at 1.2620) Alternative Bullish Setup (If Price Reclaims 1.2650) If price breaks above 1.2650 and holds, it could invalidate the bearish setup and lead to a push towards 1.2700+. 4. Upcoming Market Events to Watch US Economic Data (NFP, CPI, or FOMC Speech) → Could drive USD volatility. UK Economic Announcements (BoE Statements, Inflation Data) → Impact GBP strength. Dollar Index (DXY) Movements → If DXY strengthens, GBP/USD could drop further. Final Thoughts Bearish Bias unless price breaks above 1.2650. Watch for 1.2580 breakdown for additional selling confirmation. Only consider longs above 1.2650 with strong bullish confirmation.
Short
by ShlomoYahbes
GBPUSD FUNDAMENTALS AND TECHNICAL ANALYSISGBPUSD is currently trading at 1.265, showing strong bullish momentum as it finds solid support at this level. The gradual increase in trading volume indicates growing interest from buyers, suggesting that the pair is gaining strength for a potential move toward the 1.288 target. If this support level holds, we could see further bullish continuation in the coming sessions. From a technical perspective, GBPUSD is respecting key support, with increasing volume confirming buyer interest. A break above minor resistance levels could further accelerate the uptrend, providing a clear path toward 1.288. If price action remains above 1.260, it will reinforce the bullish outlook, while traders should watch for any pullbacks as potential buying opportunities. Fundamentally, GBPUSD's strength is influenced by a softer US dollar as expectations around the Federal Reserve’s rate policy shift. Any dovish signals from the Fed or weaker US economic data could push the dollar lower, giving GBP an advantage. Additionally, positive UK economic indicators or a hawkish stance from the Bank of England could further support the pair’s bullish momentum. In summary, GBPUSD is holding strong support with increasing volume, signaling potential upside toward 1.288. If this bullish momentum sustains, traders could capitalize on the breakout, with confirmation needed through technical signals and macroeconomic developments. Keep an eye on resistance levels and market sentiment for further validation.
Long
by AndrewsMarket-Mastery
1
GBPUSD Uptrend continuation The GBP/USD currency pair maintains a bullish intraday bias, supported by the longer-term prevailing uptrend. However, price action near key levels suggests potential short-term corrections before the next directional move is confirmed. Bullish Scenario: The key level to watch is 1.2560, which marks the February 28th swing low and serves as a pivotal support zone. A corrective pullback toward 1.2560 could provide a buying opportunity if support holds. A bullish bounce from this level could drive the pair toward 1.2680, followed by 1.2720, with 1.2740 acting as a longer-term resistance. Bearish Scenario: A confirmed breakdown below 1.2560 and a daily close beneath this level would weaken the bullish outlook. This could trigger a deeper retracement toward 1.2520, with further downside risk extending to 1.2460 if selling pressure persists. A sustained move below 1.2460 could signal a shift in trend dynamics, increasing the likelihood of further downside. Conclusion: While the broader trend remains bullish, short-term corrections are possible. A successful defence of 1.2560 could reaffirm the uptrend, while a break below this level would expose 1.2520 and 1.2460 as key downside targets. Traders should monitor price action at these levels to assess momentum shifts. 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.
by TradeNation
1
PREPARING FOR SOME BUYSGBP/USD 15M - This market is showing great signs of a continuation to the upside, as you can see price has traded recently into an area of Demand and has broken structure to the upside. We have seen that the last high that created the lowest low trading into the Zone has been broken above, suggesting enough Demand has been introduced to take this market long. Now the market may have gone without us right now but I am expecting price to pullback to collect more Demand in order to see price continue trading us higher. I would like to see price trade up and into the Supply Zone above. This would be an area at which we would take profit and prepare for longer term short trades, its important we are just delivered with the confirmation needed to get involved in both trades. Once price pulls-back into our zone I will be looking for entry confirmation.
Long
by Lukegforex
GBP/USD continues the downtrendOn GBP/USD , it's nice to see a strong sell-off from the price of 1.26660. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. Fair Value GAP (FVG) and Volume cluster are the main reasons for my decision to go short on this trade. Happy trading, Dale
by Trader_Dale
2
The Day Ahead Monday March 3 Data: US February ISM index, total vehicle sales, January construction spending, China February Caixin manufacturing PMI, UK January net consumer credit, M4, Japan January jobless rate, job-to-applicant ratio, Q4 MoF survey, February monetary base, Italy February manufacturing PMI, new car registrations, budget balance, Eurozone February CPI, Canada February manufacturing PMI Central banks: Fed's Musalem speaks Earnings: Okta, AST SpaceMobile 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.
by TradeNation
Prepare for Potential Downturn in GBPUSD Next Week - Key Insights: The GBP/USD currency pair is poised for potential downward movement, driven by the bullish trend of the U.S. Dollar. Traders should focus on critical support and resistance levels, as fluctuations in these zones may present trading opportunities. With the current market sentiment leaning towards caution due to economic data releases and the Fed's interest rate policy, a bearish position may be prudent as traders evaluate potential breakdowns below established support levels. - Price Targets: Next week targets are set with a bearish outlook. T1 is positioned at 1.250, suggesting a critical level where a potential decline could gather momentum. T2 is set at 1.245 to accommodate further downward movement. For stop levels, S1 is determined at 1.255, acting as an initial threshold. S2 is placed at 1.260 to safeguard against adverse movements, ensuring that S2 > S1 > 1.257 > T1 > T2 aligns with bearish expectations. - Recent Performance: The GBP/USD has experienced subdued activity, with traders closely monitoring market dynamics influenced by the U.S. Dollar's strength. The pair has been largely trading within a confined range, reflecting uncertainty and concern for potential volatility amidst economic announcements that could trigger price shifts. - Expert Analysis: Experts express caution with regards to GBP/USD trading, advocating for heightened awareness of technical indicators. The bullish sentiment in the U.S. Dollar is expected to linger, discouraging optimistic views on the pound. Probing key technical levels will be crucial for identifying entry and exit points as market conditions evolve. - News Impact: Federal Reserve policy adjustments and Bank of England statements are pivotal events that may impact GBP/USD in the near term. Traders should remain alert to macroeconomic developments, including interest rates and global economic data, which could lead to significant fluctuations in this currency pair, influencing trading decisions considerably.
Short
by CrowdWisdomTrading