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British Pound vs US Dollar

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GBPUSD.P trade ideas

Short Analysis of the GBP/USD Chart: Short Analysis of the GBP/USD Chart: - *Current Price*: 1.22722 USD per GBP. - *Resistance Level*: Around 1.23500 USD, marked as a rejection zone. - *Support Trendline*: An upward trendline connecting the lows from January 10 to January 21. - *Potential Movement*: Indication of a downward movement from the rejection zone, suggesting a bearish outlook. target based on the provided GBP/USD chart analysis: Bearish Scenario: - *Initial Target*: If the price rejects the resistance level around 1.23500 USD and confirms a downward movement, the initial target would be around 1.22000 USD. - *Extended Target*: If the bearish trend continues, a more extended target could be around 1.21000 USD, close to the next significant support level.
Short
by TRADE_CENTER_1
GBPUSD - ANALYSIS👀 Observation: Hello, everyone! I hope you're all doing well. Let me share my personal view on GBP/USD with you. Based on what I see on the chart, if GBP/USD breaks above 1.23521 in the 1H timeframe and consolidates, I expect it to push higher towards 1.26128 . Otherwise, I anticipate further decline with a target of 1.19872 . 📈 Expectation: A break above 1.23521 may lead to a bullish movement towards 1.26128 . If this doesn't happen, a bearish continuation down to 1.19872 is likely. 💡 Key Levels to Watch: Resistance: 1.26128 Support: 1.19872 Trade safe
by PouyanTradeFX
GBP/USD--> Bulls pause, uptrend still intactFX:GBPUSD entered a temporary corrective phase after a two-day rally, pulling back to the 1.2300 region during the early European session on Wednesday. This move comes as the U.S. Dollar regains strength amid heightened demand for safe-haven assets, driven by growing trade war concerns under the Trump administration. On the 4H chart, despite the current dip, the broader structure remains bullish. The pair continues to trade above the EMA 34 and EMA 89, which are acting as dynamic support levels. Additionally, the formation of higher lows underscores the strength of the upward trend. Key Levels to Watch: 0.618 Fib retracement at 1.2288: A potential area for bulls to regroup. 0.5 Fib retracement at 1.22363: The next major support zone if the correction deepens. A sustained hold above these levels could fuel renewed buying momentum, potentially setting the stage for a continuation of the broader uptrend.
Long
by Joegoldwave
GBPUSD - Potential Buy From Key Support ZoneThe GBPUSD pair is approaching a significant demand zone marked by prior price reactions. This area aligns with a key support level, and the market structure suggests a potential reversal. The overall context implies that buyers may take control at this level, leading to an upward move. I anticipate that if the price shows a clear rejection from the demand zone, the market may head higher toward the 1.24818 level. This setup aligns with the idea of trend exhaustion near support. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
GBPUSD ANALYSIS IS READY (READ THE CAPTION)This chart represents a technical analysis of the GBP/USD currency pair on a 1-hour timeframe. Here’s a detailed breakdown of the analysis: 1. Current Price Level: The price is trading around 1.24152, as shown by the highlighted blue "BUY" box. 2. Resistance Zone: A horizontal yellow line marks the key resistance zone around 1.2460–1.2547. This is where the price might struggle to move higher. A stop-loss level is clearly indicated at 1.25474, suggesting this is the invalidation point for short positions. 3. Support Zone: There is a clearly marked Target Zone at 1.22016, which serves as the price's potential downward target if the bearish scenario unfolds. The yellow horizontal lines below the current price represent support areas where buyers might re-enter the market. 4. Bearish Scenario: The blue arrows show a projected downward movement, indicating a possible price rejection from the resistance zone and a decline toward the 1.22016 target zone. The analysis suggests a head-and-shoulders pattern, with the red curve marking the "head" and signaling a bearish reversal. 5. Volume Profile: The bars on the right indicate trading activity at various price levels, showing a concentration of volume near current levels, which may act as resistance. This analysis seems to favor a bearish outlook, expecting a price drop after rejection at resistance. However, it is also safeguarded by a stop-loss to manage risk if the price breaks above the resistance.
Short
by Mr_Ethan1
GBP/USD +60 Pips 0 Drawdown , New Entry Valid To Get 200 Pips !The price did as i mentioned exactly and moved +60 pips , now we have another entry , if the price back again to the same entry point we can re enter with the same sl and targets . 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
Will GBP/USD rise after new economic data is released?The GBP/USD currency pair is being influenced by a number of key economic and political factors. The rise is attributed to a weaker US dollar as markets assess the impact of economic policies in a second term for President Trump. The US dollar fell around 1% following news that any new tariffs would be applied in a “moderate” manner. The pound has gained against other major currencies, although weak economic data from the UK has put pressure on government bond yields. Experts predict the Bank of England (BoE) could cut interest rates by 100 basis points this year. However, today's economic data on Claims Change and Average Earnings Index 3M/Y is positive for GBP, so the currency could trend higher in the short term Forecast: GBP/USD is currently trading around 1.225… and will follow an upward trend towards the 4H trend line with a target of 1.24xx before falling. However, it should be noted that factors such as BoE monetary policy, US economic developments and Trump administration policy decisions will strongly influence the trend of this currency pair in the coming period. Thank you for reading my comment: "FM"
Long
by FM-ForexMastermind
GBPUSDHello Traders! What are your thoughts on GBPUSD? My GBPUSD Technical Analysis Breakdown Current Market Context The British Pound versus US Dollar (GBPUSD) has shown resilience by bouncing from the critical $1.2300 support level. This price action suggests buyers are defending this level, though we remain within a larger bearish channel. Technical Setup - Strong support established at $1.2300 - Key resistance level: $1.2440 (bearish channel resistance) - Current price action: Upward momentum from support - Market structure: Inside bearish channel Trade Scenarios 1. Bullish Scenario - Entry Trigger: Clear break and close above $1.2440 - Profit Target: $1.2610 - Stop Loss: Below $1.2300 - Risk/Reward ratio: Approximately 1:2 2. Bearish Scenario - Entry Trigger: Break below $1.2300 - Profit Target: $1.2210 - Stop Loss: Above $1.2340 - Risk/Reward ratio: Approximately 1:2.2 Today's Trading Plan - Trading Range: $1.2300 - $1.2475 - Recommendation: Wait for clear breakout confirmation - Risk Management: Keep position sizes moderate given current market uncertainty - Key Action Points: Watch for strong price action and volume at key levels before entering Remember: Enter trades only when your chosen scenario shows clear confirmation signals. This reduces the risk of getting caught in false breakouts.
by JagadishSinghR