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 H1 I Bullish Bounce Off?Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 1.2664, which is a pullback support close to the 38.2% Fibo retracement. Our take profit will be at 1.2717, a pullback resistance that aligns with the 61.8% Fibo retracement. The stop loss will be placed at 1.2610, which is an overlap support 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 (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.
Long
by FXCM
GBP/USD Sell - 15 MinsTrading Idea: GBP/USD Sell Position Trade Overview: Entry: Near 1.26870 Take Profit (TP): 1.26400 (Key Support Zone) Stop Loss (SL): 1.27108 (Above Resistance) Risk-to-Reward Ratio: ~2.5:1 Technical Analysis: Triple Top Formation: A clear Triple Top pattern has formed near the resistance zone, signaling exhaustion in bullish momentum and a potential reversal. Rejections from 1.27100–1.27200 highlight strong seller presence. Break of Structure (BOS): Price broke below the recent support level, confirming a shift in market structure from bullish to bearish. Bearish Momentum: Price is consolidating under the resistance zone, with lower highs forming, indicating sellers are gaining control. Moving averages (likely 50 EMA and 20 EMA) appear to act as dynamic resistance. Target Support: The TP at 1.26400 aligns with a significant demand zone and prior support, making it a logical downside target.
Short
by tamrobert20
1
GBP/USD Sell Setup Incoming!!we can clearly see a nice formation of a bearish structure on the monthly timeframe which is consistent with the weekly structure we also a key monumental shift on the EMA crossover and the price is now below the trendline So as the DXY (Dollar index) continue to rise we shall see GBPUSD continue lower and currently we have multiple confirmation in higher structure confirming the probability setup Use proper risk management!! stop loss anywhere at 1.29000 level seem okey!! target 1.21500 Make sure you follow me for more updates
Short
by ShinForex1
GBPUSD Potential Setup - Waiting for confirmationTime Frame: - Daily: FVG Identification - H4: FVG Identification - H1: Entry Signal 1. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.2700 - 1.2715 On the Daily chart also note FVG between 1.2680- 1.2712 2. Trend Confirmation: Price has break consolidation support at 1.2715. Price has now rising back to Daily FVG area. 3. Position: Entry: Waiting Confirmation Stop Loss : 1.2720 Take Profit: 1.2500 (fibo 161.8) RRR : 1:10x Note: Still waiting for entry confirmation. ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Short
by Phoenix-Rise-Trade
1
Pound higher as Services PMI rises, job report nextThe British pound has moved higher on Monday, after declining 1% last week. In the  European session, GBP/USD is trading at 1.2747, up 0.30% on the day. The UK Services PMI rose to 51.4 in December, up from 50.8 in November, which was a 13-month low. This beat the market estimate of 51.0, but points to weak business activity as demand for UK exports has been weak and confidence among services providers remains subdued. UK manufacturing is mired in a depression, and the PMI fell to 47.3 in December, down from 48.0 in November and shy of the market estimate of 48.2. This marked the lowest level in eleven months, as production and new orders showed an accelerated decrease. The weak PMI data followed Friday's GDP report, which showed a 0.1% decline for a second straight month in October. This missed the market estimate of 0.1%. GDP rose just 0.1% in the three months to October. The UK releases employment and wage growth numbers on Tuesday. The economy is projected to have lost 12 thousand jobs in the three months to October, after a sparking 200 thousand gain in the previous report. Wages including bonuses is expected to climb to 5% from 4.8%. The Bank of England meets on Thursday and is expected to hold the cash rate at 4.75% after cutting rates by 25 basis points in November. The economy could use another rate cut but inflation remains a risk to upside, with CPI climbing in October to 2.3% from 1.7%. The BoE will be keeping a close eye on wage growth, which has been a driver of inflation. The US releases PMIs later today. Manufacturing remained in contraction territory in November at an upwardly revised 49.7 and there is optimism that the new Trump administration's protectionist stance could benefit US manufacturers. The services sector is in good shape and improved in November to 56.1, up from 55.0 in October. The uncertainty ahead of the US election is over and lower interest rates have contributed to stronger expansion in services. GBP/USD is testing resistance at 1.2638. The next resistance line is 1.2668 1.2592 and 1.2562 are the next support levels
by OANDA
LOADING THE BRINKS TRUCK WITH GBP/USD1. Key Observations Across All Charts Timeframes: Indicators Used: EMA (50 & 200): Shows short-term (EMA 50) and long-term (EMA 200) trends. Price is below both EMAs, indicating a bearish trend across all timeframes. VWAP: Volume Weighted Average Price – used to spot fair value. The price is trading below VWAP in all charts, supporting the bearish bias. MACD: Shows bearish momentum, with histogram bars below the baseline. RSI: Indicates oversold or overbought conditions. On most charts, RSI is hovering around 30-40, suggesting the market is nearing oversold territory. Support and Resistance: Clear zones identified for potential bounce-back or continuation: Next Key Support: Around 1.2600 to 1.2550. Major Support: Around 1.2500. Psychological Resistance: 1.2800. Higher Target: 1.2900 (major resistance if bullish recovery happens). 2. Detailed Chart Analysis 15-Minute (Short-Term View) Trend: Bearish, with lower highs and lower lows forming. Indicators: Price is below EMA 50 and EMA 200. RSI: Near 30 (oversold). MACD: Histogram shows weak bearish momentum. Interpretation: The price may attempt to test support near 1.2600. If support holds and RSI rises, expect a short-term pullback towards 1.2670. A breakout above the 50 EMA could shift momentum. 30-Minute Chart Trend: Continues bearish with resistance near 1.2680 and support near 1.2600. Indicators: EMA 50 and 200 are both sloping downward. RSI remains under 40 – slight bearish momentum. Trade Idea: If price rebounds from 1.2600, target 1.2680 (short-term resistance). If it breaks below 1.2600, next stop is 1.2550. 1-Hour Chart Trend: Bearish. Indicators: Price is well below EMA 50 and EMA 200. MACD remains bearish with increasing histogram size. Support: 1.2600 to 1.2550. Resistance: 1.2800 (psychological level). Trade Idea: A bounce from 1.2600 could lead to testing EMA 50 at 1.2700. Break below 1.2550 opens a path to further downside (e.g., 1.2500). 4-Hour Chart Trend: Strong bearish trend after rejection at 1.2800. Support: 1.2600, followed by major support at 1.2500. Indicators: RSI at 24 – highly oversold. MACD: Bearish, but histogram shows signs of flattening (possible loss of bearish momentum). Trade Idea: Consider buying near 1.2550 - 1.2600 if RSI starts rising and momentum weakens. Upside target: 1.2700 to 1.2800. 1-Day Chart (Long-Term View) Trend: Downtrend following failure to hold above 1.2800. Support: Clear at 1.2600 (next key) and 1.2500 (major support). Indicators: RSI: Near 21, very oversold (potential for a rebound). MACD: Bearish, but the pace may slow. Trade Idea: A pullback is likely from oversold conditions. Buying opportunities exist between 1.2550 - 1.2600 with targets at: 1.2700 (short-term), 1.2800 (psychological resistance). 3. Summary of Trade Ideas Short-Term (15M - 30M): Look for a bounce at 1.2600 with a target of 1.2670 - 1.2700. Stop-loss: Below 1.2580. Medium-Term (1H - 4H): Buy near 1.2600 - 1.2550 if price shows reversal signals. Targets: 1.2700 (EMA 50), 1.2800 (key resistance). Long-Term (1D): Consider a long trade near 1.2550 for a rebound. Targets: 1.2800 and potentially 1.2900. 4. Risk Management Stop-Loss: Place stops just below 1.2550 to avoid deep drawdowns. Take-Profit Zones: Short-term: 1.2670 - 1.2700. Medium-term: 1.2800. Long-term: 1.2900. Ensure proper position sizing and use a risk/reward ratio of at least 1:2.
by DerrickJerry
Daily Analysis of GBP to USD – Issue 170The analyst believes that the price of { GBPUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend. Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Short
by MoonriseTA
- A Bearish Outlook for GBP/USD: Shorting Opportunities Ahead- Recent Performance: GBP/USD is currently witnessing a significant bearish trend, with pronounced downward momentum evident in recent trading sessions. The pair has faced resistance from broader economic conditions that have weighed heavily on the British Pound against the US Dollar, indicating continued weakness in this currency pair. - Key Insights: Traders should consider positioning for short opportunities as the technical indicators and market sentiment support further declines. Observing key economic data releases will be essential, as these could impact the USD's strength and the perception of the GBP in the market. - Expert Analysis: Experts remain unified in their bearish outlook for GBP/USD, emphasizing the need to closely monitor upcoming economic releases. Analysts suggest the potential for further short positions as they anticipate continued negative sentiment surrounding both currencies, particularly in relation to economic fundamentals, including inflation and employment data. - Price Targets: Based on professional trader insights, the next week's targets are as follows: T1 at 1.24 and T2 at 1.23, with stop levels S1 at 1.26 and S2 at 1.27. This structure places the current market price at 1.26, supporting a strategized short position given the bearish sentiment. - News Impact: Significant economic data releases will impact GBP/USD's performance. Upcoming reports on employment, inflation, and central bank policy decisions are likely to bring volatility and potentially reinforce the bearish trend. Traders should remain vigilant for any news that could sway the market dynamics in favor of the USD or impact sentiment toward the British Pound.
Short
by CrowdWisdomTrading
GBPUSD good risk & reward detected...opportunity to sellJudging from daily candle, GU closed at strong bearish on last Friday. I'm expecting a healthy retracement during Asian session today and probably will continue retracement during Europe session. I'm looking for sell entry in the sell zone marked on the chart. Of course my decision will be depending on price action in a lower time frame. I'm waiting any reversal pattern inside the sell zone in the lower time frame. Good luck
Short
by azmi12321