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British Pound vs US Dollar

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GBPUSD.P trade ideas

The Day AheadWednesday, April 2 Data Releases: US March ADP report, February factory orders, Japan March monetary base, France February budget balance. Central Banks: Speeches from Fed’s Kugler, ECB's Schnabel, and Escriva. Trump Tariff Announcement: Trump’s team is finalizing options for a 4 p.m. announcement, considering a tiered system with flat rates or a customized approach. 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 15MBreak and Retest Strategy for GBPUAD Buy Position on 15m Chart *Identifying the Break* The GBPUSD pair has broken above the 1.27068 resistance level on the 15-minute chart. This level was previously tested multiple times, and the recent break suggests a potential shift in market sentiment. *Waiting for the Retest* After the break, the price has pulled back to retest the 1.27068 level. This retest is a crucial step in confirming the break and increasing the likelihood of a successful trade. *Trade Idea* *Buy* GBPUAD at 1.27520 (current price) with a *Stop Loss* at 1.27068 and a *Take Profit* at 1.3000. *Rationale* 1. *Break and Retest:* The break above 1.27068 and subsequent retest increases the confidence in the trade. 2. *Support Turned Resistance:* The 1.27068 level, previously resistance, is now acting as support, indicating a potential shift in market sentiment. 3. *Momentum:* The break and retest have created a sense of momentum, which could propel the price higher. *Risk Management* - Set a stop loss at 1.27068 to limit potential losses. - Use a risk-reward ratio of 1:3 or higher. - Monitor the trade closely and adjust the stop loss and take profit levels as needed.
Long
by Triple_Point_Fx
The Fibonacci Code: GBP/USD is FollowingGBP/USD Elliott Wave Analysis: Bearish Setup Unfolding In this 4-hour GBP/USD chart, we can see a classic Elliott Wave correction pattern forming. Price action is currently moving within a contracting triangle structure, with wave A and B shaping the market’s corrective movement before a potential impulsive wave C decline. Key Observations: ✅ Wave Structure: The price is completing a wave B retracement into a key resistance area (yellow box), aligning with a supply zone. ✅ Converging Trendlines: A descending triangle is forming, confirming potential exhaustion in bullish momentum. ✅ Projected Move: If the pattern follows Elliott Wave principles, we anticipate a rejection from wave B’s peak, leading to a strong downward move toward the 1.2798 supply zone. ✅ Market Confluence: The confluence of resistance, supply zones, and wave structure increases the probability of a short setup. 📉 Trading Idea: If price reacts strongly from the marked resistance, a short position with a target near 1.2798 could offer a high-probability trade opportunity. Let me know your thoughts! Are you seeing the same setup? 🔥📊
by Greenfireforex
GU-Tue-1/04/25 Top down analysis-Investors in risk off modeAnalysis done directly on the chart Risk On: When the market is in a "risk on" mode, investors feel confident and optimistic about the economy or financial markets. They are more willing to take on higher-risk investments, such as stocks, cryptocurrencies, or emerging market assets, in pursuit of greater returns. This typically happens during periods of economic growth, positive news, or stability. Prices of riskier assets tend to rise, while safe-haven assets like bonds, gold, or the US dollar might see less demand. Risk Off: In a "risk off" environment, investors become cautious or fearful due to uncertainty, economic downturns, geopolitical tensions, or negative news. They shift their money into safer, lower-risk investments like government bonds, gold, or stable currencies (e.g., USD, JPY, CHF). Riskier assets like stocks or commodities often decline in value as investors "de-risk" their portfolios. Not financial advice, DYOR. Market Flow Strategy Mister Y
by Mister_Y
Market Insights with Gary Thomson: 31 March - 4 AprilMarket Insights with Gary Thomson: RBA Rates, US and Canada’s Employment Data & Earnings Reports In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in! In this episode, we discuss: - RBA Interest Rate Decision - US Nonfarm Payrolls and Unemployment Rate - Unemployment Rate in Canada - Corporate Earnings Statements Don’t miss out—gain insights to stay ahead in your trading journey. This video represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
GBPUSD Be bullishWhen the GBPUSD pair executes a definitive breach of the 1.30000 resistance ceiling — a level of both psychological and technical significance — it is poised to precipitate a substantial influx of bullish sentiment. This event not only satisfies key technical prerequisites for an upward price trajectory but also catalyzes a profound shift in market sentiment. Consequentially, diverse market participants, ranging from institutional hedge funds to high - volume forex dealers and astute retail investors, will be drawn to the market, precipitating a marked upswing in trading volumes. The resultant robust buying momentum is forecast to drive the formation of a pronounced uptrend, propelling the pair to appreciably higher price levels. From a forward - looking perspective, resistance levels at 1.31400 and 1.32100 are likely demarcated by prior price action, Fibonacci retracement ratios, or psychologically significant thresholds. As the pair gravitates towards these levels, short - term traders who previously established short positions at higher price points will likely execute mass short - covering, inundating the market with selling pressure. Simultaneously, long - term bulls seeking to realize profits will contribute to the selling pressure, further exacerbating the downward - leaning market dynamics. These converging forces may well impede the pair’s upward progression and potentially instigate a short - term price correction. Should the GBPUSD pair fail to surmount the 1.30000 resistance hurdle and commence a retracement, the 1.28800 level — identified as a zone of prior price congestion or corroborated by key technical indicators — is anticipated to attract value - seeking buyers. The influx of buying interest at this level may effectively arrest the downward momentum. Deeper into the price spectrum, the 1.27000 level, which aligns with major moving averages or critical trendlines, functions as a pivotal line of defense. Given its status as a widely recognized strong support zone, a substantial influx of buying pressure is likely to materialize as the price approaches this level, thereby forestalling a more significant price decline and fostering market stability. 💎💎💎 GBPUSD 💎💎💎 🎁 Buy@1.28800 - 1.29000 🎁 TP 1.30000 - 1.31400 The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
Long
by BenGray9
1
What Are the Inner Circle Trading Concepts? What Are the Inner Circle Trading Concepts? Inner Circle Trading (ICT) offers a sophisticated lens through which traders can view and interpret market movements, providing traders with insights that go beyond conventional technical analysis. This article explores key ICT concepts, aiming to equip traders with a thorough understanding of how these insights can be applied to enhance their trading decisions. Introduction to the Inner Circle Trading Methodology Inner Circle Trading (ICT) methodology is a sophisticated approach to financial markets that zeroes in on the behaviours of large institutional traders. Unlike conventional trading methods, ICT is not merely about recognising patterns in price movements but involves understanding the intentions behind those movements. It is part of the broader Smart Money Concept (SMC), which analyses how major players influence the market. Key Inner Circle Trading Concepts Within the ICT methodology, there are many concepts to learn. Below, we’ve explained the most fundamental ideas central to ICT trading. Structure Understanding the structure of a market is fundamental to effectively employing the ICT methodology. In the context of ICT, market structure is defined by the identification of trends through specific patterns of highs and lows. Market Structure A market trend is typically characterised by a series of higher highs and higher lows in an uptrend, or lower highs and lower lows in a downtrend. This sequential pattern provides a visual representation of market sentiment and momentum. Importantly, market trends are fractal, replicating similar patterns at different scales or timeframes. For example, what appears as a bearish trend on a short timeframe might merely be a corrective phase within a larger bullish trend. By understanding this fractal nature, traders can better align their strategies with the prevailing trend at different trading intervals. Break of Structure (BOS) A Break of Structure occurs when there is a clear deviation from these established patterns of highs and lows. In an uptrend, a BOS is signalled by prices exceeding a previous high without falling below the most recent higher low, confirming the strength and continuation of the uptrend. Conversely, in a downtrend, a BOS is indicated when prices drop below a previous low without breaching the prior lower high, signifying that the downtrend remains strong. Identifying a BOS gives traders valuable clues about the continuation of the current market direction. Change of Character (CHoCH) The Change of Character in a market happens when there is a noticeable alteration in the behaviour of price movements, suggesting a potential reversal of a given trend. This might be seen in an uptrend where the price fails to reach a new high and then breaks below a recent higher low, indicating that the buying momentum is waning and a bearish reversal is possible. Identifying a CHoCH helps traders recognise when the market momentum is shifting, which is critical for adjusting positions to capitalise on or protect against a new trend. Market Structure Shift (MSS) A Market Structure Shift is a significant change in the market that can disrupt the existing trend. This specific type of CHoCH is typically marked by a price moving sharply (a displacement) through a key structural level, such as a higher low in an uptrend or a lower high in a downtrend. These shifts can signal a profound change in market dynamics, with the sharp move often preceding a new sustained trend. Recognising an MSS allows traders to reevaluate their current bias and adapt to a new trend, given its clear signal. Order Blocks Order blocks are a central component of ICT trading, providing crucial insights into potential areas where the price may react strongly due to significant buy or sell interests from large market participants. Regular Order Blocks A regular order block is an area on the price chart representing a concentration of buying (demand zone) or selling (supply zone) activity. In an uptrend, a bullish order block is identified during a downward price movement and marks the last area of selling before a substantial upward price movement occurs. Conversely, a bearish order block forms in an uptrend where the last buying action appears before a significant downward price shift. In the ICT trading strategy, order blocks are seen as reversal areas. So, if the price revisits a bullish order block following a BOS higher, it’s assumed that the block will hold and prompt a reversal that produces a new higher high. Breaker Blocks Breaker blocks play a crucial role in identifying trend reversals. They are typically formed when the price makes a BOS before reversing and breaking beyond an order block that should hold if the established market structure is to be maintained. This formation indicates that liquidity has been taken. For instance, in an uptrend, if the price creates a new high but then reverses below the previous higher low, the bullish order block above the low becomes a breaker block. A breaker block can be an area that prompts a reversal as the new trend unfolds; it’s a similar concept to support becoming resistance and vice versa. Mitigation Blocks Mitigation blocks are similar to breaker blocks, except they occur after a failure swing, where the price attempts but fails to surpass a previous peak in an uptrend or a previous trough in a downtrend. This pattern indicates a loss of momentum and potential reversal as the price fails to sustain its previous direction. For example, in an uptrend, if the price makes a lower high and then breaks the structure by dropping below the previous low, the order block formed at the previous low becomes a mitigation block. These blocks are critical for traders because they’re also expected to produce a reversal if a new trend has been set in motion. Liquidity Liquidity refers to areas on the price chart with a high concentration of trading activity, typically marked by stop orders from retail traders. Buy- and Sell-Side Liquidity Buy-side liquidity is found where there is a likely accumulation of short-selling traders' stop orders, typically above recent highs. Conversely, sell-side liquidity is located below recent lows, where bullish traders' stop orders accumulate. When prices touch these areas, activating stop orders can cause a reversal, presenting a potential level of support or resistance. Liquidity Grabs A liquidity grab occurs when the price quickly spikes into these high-density order areas, triggering stops and then reversing direction. In ICT theory, this action is often orchestrated by larger players aiming to capitalise on the flurry of orders to execute their large-volume trades with minimal slippage. It's a strategic move that temporarily shifts price momentum, usually just long enough to trigger the stops before the market direction reverses. Inducement An inducement is a specific type of liquidity grab that triggers stops and entices other traders to enter the market. It often appears as a peak or trough, typically into an area of liquidity, in a minor counter-trend within the larger market trend. Inducements are designed by smart money to create an illusion of a trend change, prompting an influx of retail trading in the wrong direction. Once the retail traders have committed, the price swiftly reverses, aligning back with the original major trend. Trending Movements In the Inner Circle Trading methodology, two specific types of sharp trending movements signal significant shifts in market dynamics: fair value gaps and displacements. Fair Value Gaps A fair value gap (FVG) occurs when there is a noticeable absence of trading within a price range, typically represented by a swift and substantial price move without retracement. This gap often forms between the wicks of two adjacent candles where no trading has occurred, signifying a strong directional push. Fair value gaps are important because they indicate areas on the chart where the price may return to "fill" the gap, usually before meeting an order block, offering potential trading opportunities as the market seeks to establish equilibrium. Displacements Displacements, also known as liquidity voids, are characterised by sudden, forceful price movements occurring between two chart levels and lacking the typical gradual trading activity observed in between. They are essentially amplified and more substantial versions of fair value gaps, often spanning multiple candles and FVGs, signalling a heightened imbalance between buy and sell orders. Other Components Beyond these ICT concepts, there are a few other niche components. Kill Zones Kill Zones refer to specific timeframes during the trading day when market activity significantly increases due to the opening or closing of major financial centres. These periods are crucial for traders as they often set the tone for price movements based on the increased volume and volatility: Optimal Trade Entry An optimal trade entry (OTE) is a type of Inner Circle trading strategy, found using Fibonacci retracement levels. After an inducement that prompts a displacement (leaving behind an FVG), traders use the Fibonacci retracement tool to pinpoint entry areas. The first point is set at the major high or low that prompts the displacement, while the second point is set at the next significant swing high or low that forms. In a bearish movement, for example, the initial point is set at the swing high before the displacement and the subsequent point at the new swing low. Traders often look to the 61.8% to 78.6% retracement level for entries. Balanced Price Range A balanced price range is observed when two opposing displacements create FVGs in a short timeframe, indicating a broad zone of price consolidation. During this period, prices typically test both extremes, attempting to fill the gaps. This scenario offers traders potential zones for trend reversals as the price seeks to establish a new equilibrium, as well as key levels to watch for a breakout. The Bottom Line Understanding ICT concepts gives traders the tools to decode complex market signals and align their strategies with the influential trends shaped by the largest market participants. For those looking to apply these sophisticated trading techniques practically, opening an FXOpen account can be a great step towards engaging with the markets through a robust platform designed to support advanced trading strategies. FAQs What Are ICT Concepts in Trading? ICT (Inner Circle Trading) concepts encompass a series of advanced trading principles that focus on replicating the strategies of large institutional players. These concepts include liquidity zones, order blocks, market structure shifts, and optimal trade entries, all aimed at understanding and anticipating significant market movements. What Is ICT in Trading? ICT in trading refers to the Inner Circle Trading methodology, a strategy developed to align smaller traders’ actions with those of more influential market participants. It utilises specific market phenomena, such as order blocks and liquidity patterns, to analyse price movements and improve trading outcomes. What Is ICT Trading? ICT trading is the application of concepts that seek to identify patterns and structures that indicate potential price changes driven by institutional activities, aiming to capitalise on these movements. What Is ICT Strategy? An ICT strategy combines market analysis techniques to identify where significant market players are likely to influence prices. This includes analysing price levels where large volumes of buy or sell orders are anticipated to occur and identifying key times when market moves are most likely. Is ICT Better Than SMC? Comparing ICT and SMC (Smart Money Concept) is challenging as ICT is essentially a subset of SMC. While SMC provides a broader overview of how institutional money influences the markets, ICT offers more specific techniques and terms like inducements and displacements. Whether one is better depends on the trader’s specific needs and alignment with these methodologies’ intricacies. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
1
GBPUSD 4H SHORTAt the moment, GBPUSDT the asset is being marked down. There was a price reaction to the POI range from which a reaction was received instantly. I missed this moment due to personal matters, although there was a reminder. I understand that the risk of not opening, or the receipt of new variables from the market, can break the trend, but I will try to open a short from the designated mark 1.29686$ Targets $1.28609 $1.28030 $1.27534 $1.26722 Risk for stop order -1%
Short
by PHONKTRADER
GBPUSD GBPUSD Analysis & Signal (1H Timeframe) 📅 Date: March 23, 2025 On the GBP/USD chart, the price has reached a key resistance zone around 1.29629 after an uptrend, showing signs of rejection. This resistance aligns with a descending trendline, adding to the selling pressure. Currently, the price is heading toward the demand zone marked between 1.28613 and 1.28117, which could act as a strong support level. Signal: Sell: 📍Entry Point: 1.29114 (current price) 🔴Stop Loss: 1.29629 (above resistance) 🟢Take Profit 1: 1.28613 🟢Take Profit 2: 1.28117 ⚠️Risk Management: With the stop loss set above the resistance, the risk-to-reward ratio (R:R) for this trade is at least 1:2. It’s recommended to risk only 1-2% of your capital on this trade. 📝Note: Before entering the trade, wait for additional confirmations (e.g., reversal candlestick patterns or a break of the zone) and assess market conditions.
Short
by EhsanZeydabadi
Skeptic | GBP/USD Deep Dive: Major Trend, Trade Setups!Hey guys, welcome back! 👋 I'm Skeptic. Let’s dive into GBP/USD , a pair that’s been in a strong uptrend and has the potential for another solid price jump. We’ll break it down across multiple timeframes , do a deep analysis , and at the end, I’ll share high-probability long & short setups with clear triggers—so stick around! Daily Timeframe Analysis As you can see, GBP/USD has been respecting an uptrend channel , reacting well to both the upper, lower, and midlines —a key characteristic of a strong trend. Each time price makes a jump, it enters a range box (re-accumulation phase) before breaking out to continue the trend. Currently, we’re inside another range between 1.28720 - 1.29883 . A breakout in either direction can give us a trading opportunity, but given the major trend is bullish , I prefer trading in the direction of the trend unless we get a clear reversal signal. 4H Timeframe Analysis The uptrend channel remains intact , and we’re still within the Consolidation phase . We recently saw a fake breakout , which could mean that the next breakout might happen with stronger momentum. Trade Setups ✅ Long Setup: - Entry: After a confirmed breakout of 1.29883 - Confirmation: RSI breaking above 65.33 (which acts as an overbought signal in this case) - Preferred Order: Stop Buy above resistance to catch momentum ❌ Short Setup: - Entry: After a confirmed break of 1.28682 - Risk Management: Since this is against the trend, take quick profits and use a tighter SL to manage risk efficiently. What are your thoughts on GBP/USD? Drop your opinions in the comments! Let’s grow together, not alone. 🚀🔥
by SkepticWise
5
The peak is so close IMO... thoughts?So I've been tracking this idea for a couple of weeks. I think based on fractal pattern theory, that this is about to start dropping out, and really fast? Have a look at my previous GPBUSD idea, and you'll get an idea of what I've been thinking. I might be wrong, but I post because I want to hear alternative ideas, so fire away. As it stands, it looks like we need a big drop out/correction, and so have been holding a short position from 1.9557 as it's hard to truly predict when a drop out might happen. I've highlighted key support areas with circles - I'll update my idea as it hits each one, but I would'nt be surprised it we eventually got down to 1.7000 range (pink circle). I'd like to see a drop back to the green arrow/blue trend line, then we break further to the downside. The chart to the top left is a BTC chart which I use as a template to track where in the uptrends/downtrends. If you look at my last idea, you'll get an idea of what I'm on about and why I think we are where we are. We've got UK unemployment rate coming up Thursday + UK interest rates which could be the catalyst I'm looking for to the down side.
Short
by ash4zeker
GBP/USD Set for a Potential Decline as UK CPI Eases to 2.8%GBPUSD Set for a Potential Decline as UK CPI Cools to 2.8% GBP/USD has been consolidating within a narrow range since the beginning of March, struggling to establish a definitive direction. This prolonged indecision suggests that the pair may require a correction before resuming any upward movement. The latest data from the UK further supports this outlook. February’s Consumer Price Index (CPI) revealed inflation cooling to 2.8% year-over-year, slightly below the forecasted 2.9%. Additionally, retail sales data fell short of expectations, coming in at 3.4% compared to the projected 3.6%. As a result, market sentiment could weigh on GBPUSD, potentially driving the pair into a deeper correction. Key support levels to watch include 1.2865 and 1.2800 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KlejdiCuni
7
GBPUSD is in the Selling DirectionHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
GBP/USD: Technical Signals Point to Potential Bearish ReversalIn the early stages of the European session on Friday, GBP/USD is struggling to maintain its footing, trading below the 1.2925 mark as I compose this article. The pair faces pressure from a robust demand for the US dollar amid a backdrop of cautiousness from the Federal Reserve and prevailing economic uncertainties. This selling pressure persists despite the Bank of England's recent hawkish stance. As market participants await insights from Federal Reserve officials as well as a speech from US President Trump in the Oval Office, attention is heightened. From a technical perspective, the currency pair has entered a supply zone, prompting expectations for a potential reversal and the commencement of a bearish trend. ✅ Please share your thoughts about GBP/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Short
by FOREXN1
4
GBPUSD Expected Growth! BUY! My dear followers, I analysed this chart on GBPUSD and concluded the following: The market is trading on 1.2904 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.2929 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1