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British Pound vs US Dollar

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GBPUSD.P trade ideas

GBP/USD 15-Minute Chart: Bearish Reversal at Harmonic CompletionThe chart showcases a well-defined harmonic pattern, the Shark, with the price reaching the terminal zone at 1.2670 , marked by a red downward triangle. This suggests a potential reversal zone where selling pressure may emerge. Key observations: The price has reacted strongly at the completion point, aligning with Fibonacci extensions. Overbought conditions are evident in the RSI and other momentum indicators, indicating potential exhaustion of the bullish trend. Target levels: T1: 1.26241 T2: 1.25741 Suggests a possible downside move if the reversal confirms. Traders should watch for bearish confirmation before entering short positions, while bulls may seek a break above 1.2670 for further upside.
Short
by BeaucoupPips
GBPUSD BUYING AREAGBPUSD is approaching a key buying area where strong support is expected. If the price holds above this zone and shows bullish confirmation, we could see a potential upside move. Traders should watch for bullish candlestick patterns, trendline support, or a breakout signal before entering a trade. A strong bounce from this area could lead to a continuation of the bullish trend. Stay patient, wait for confirmation, and manage your risk wisely! 📈🔥 Technical Analysis by Ali Khan
Long
by Itsalikhaan
GBP/USD "The Cable" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on! however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at 1.23750 (swing Trade) Using the 4H period, the recent / nearest low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1.28000 (or) Escape Before the Target Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: GBP/USD "The Cable" Forex Market market is currently experiencing a bullish trend,., driven by several key factors. 🔰 Fundamental Analysis The current price of GBP/USD is 1.25110, with a slight increase from the previous day's open price of 1.23935. This upward movement could be attributed to the UK's economic indicators, such as GDP growth rate, inflation rate, and employment data. 🔰 Macroeconomic Analysis From a macroeconomic perspective, the UK's economy has been experiencing a slowdown due to Brexit uncertainties and global economic downturn. However, the Bank of England's monetary policy decisions, such as interest rate changes, have been influencing the GBP/USD exchange rate. 🔰 COT Report Net Long Positions: Institutional traders have increased their net long positions in GBP/USD to 60% COT Ratio: The COT ratio has risen to 2.5, indicating a bullish trend Non-Commercial Traders: Non-commercial traders, such as hedge funds and individual traders, have increased their long positions to 65% 🔰 Technical Analysis Trend Line: The pair is holding comfortably above the ascending trend line Moving Averages: The 200-period and 100-period Simple Moving Averages (SMA) are indicating a bullish bias Relative Strength Index (RSI): The RSI indicator on the 4-hour chart stays above 50, indicating a bullish trend 🔰 Market Sentiment Bullish Sentiment: 63% of client accounts are long on this market, indicating a bullish sentiment Bearish Sentiment: 37% of client accounts are short on this market, indicating a bearish sentiment. 🔰 Positioning Data Analysis Institutional Traders: Institutional traders are positioning themselves for a bullish trend, with some predicting a move to 1.28000. Corporate Traders: Corporate traders are also monitoring the pair's performance, considering factors like interest rates and global economic trends 🔰 Overall Outlook Bullish Trend: The GBP/USD pair is expected to continue its bullish trend, with potential upside to 1.28000. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Long
by Thief_Trader
GBP/USD at 1.2880, Awaits NFP ReportGBP/USD holds modest gains around 1.2880 in Friday’s Asian session, recovering from the previous decline as investors await the US Nonfarm Payrolls (NFP) report. Meanwhile, the US Dollar Index (DXY) extends its five-day decline, pressured by falling Treasury yields, with the 2-year at 3.94% and the 10-year at 4.24%. Markets increasingly expect the Federal Reserve to adopt a more aggressive rate-cutting stance due to economic growth concerns. Analysts at MUFG Bank suggest the Fed may shift focus from inflation control to economic growth, especially amid tariff uncertainties. Consumer confidence has weakened, reflecting rising household concerns. In the UK, expectations for BoE rate cuts in 2025 have dropped below 50 basis points. BoE’s Catherine Mann stated that gradual rate changes are ineffective in volatile markets, advocating for larger cuts to provide clearer policy signals. If GBP/USD breaks above 1.2920, the next resistance levels are 1.2980 and 1.3050. On the downside, support stands at 1.2860, with further levels at 1.2760 and 1.2660 if selling pressure increases.
by ChartMage
Pound Surges on BoE Policy OutlookThe British pound climbed to 1.289, its highest since November 12, increased by a weaker dollar, US economic concerns, and tariff effects. Expectations of prolonged high UK rates also supported the pound. BoE Deputy Governor Ramsden warned of persistent wage-driven inflation but noted rate cuts could accelerate if needed. The pound appears less exposed to US tariffs after Trump hinted at a possible UK trade deal. If GBP/USD breaks above 1.2920, the next resistance levels are 1.2980 and 1.3050. On the downside, support stands at 1.2860, with further levels at 1.2760 and 1.2660 if selling pressure increases.
by ChartMage
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
GBPUSD Will Go Lower! Short! Here is our detailed technical review for GBPUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.257. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.235 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBPUSD: The trend of discounts prevails?Hello everyone, great to have you back for today's discussion on GBPUSD! Currently, GBPUSD has extended its decline, trading below 1.2600 as market pressure intensifies. Risk sentiment has worsened following a series of U.S. economic data releases, which indicate weakness in the overall U.S. economy while also signaling a persistent rise in core inflationary pressures. From a technical standpoint, the pair has broken below the ascending trendline, confirming a bearish breakout. The bearish momentum remains strong, with no clear signs of a bottom forming yet. If GBPUSD stages a corrective pullback, it is likely to face resistance around the 0.5-0.618 Fibonacci retracement zone, which aligns with the confluence of EMA 34, EMA 89, and the newly established resistance area. This setup could reinforce selling pressure, making it a key level to watch.
Short
by Trader_LinaScalping
GBP/USD Breakdown – Bearish Momentum Gaining Strength!Analysis & Description: The GBP/USD pair has broken out of an **ascending trendline**, signaling a potential **trend reversal** to the downside. The price is currently trading near the **1.25986 support level**, with bearish pressure increasing. #### **Key Observations:** 🔻 **Trendline Break:** The price failed to sustain the bullish trend, leading to a downside correction. 🔻 **Lower High Formation:** Price action suggests a potential continuation of the **bearish structure**. 🔻 **Bearish Targets:** The next support levels to watch are **1.25012** and **1.24020**, which align with past price action. ### **Trading Plan:** 📉 **Bearish Scenario:** - If the price **fails to reclaim 1.25986**, expect further downside toward **1.25012** and **1.24020**. - A potential **pullback to retest resistance** before further decline is possible. ⚠️ **Bullish Risk:** - If the price **reclaims 1.26510**, it could invalidate the bearish setup and resume the previous uptrend. ### **Final Thought:** GBP/USD is at a **critical breakdown level**, and traders should watch for a potential **pullback or continuation** before entering trades. Stay cautious and manage risk wisely! 🚨📊
Short
by NexusTradesZone