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GBPUSD trade ideas

GBP/USD Breakout (28.05.2025)The GBP/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 1.3424 2nd Support – 1.3380 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you. 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 KABHI_TA_TRADING
73
GBPUSDHello Traders! 👋 What are your thoughts on GBPUSD? GBP/USD has reached a key resistance zone and is currently trading below it. A bearish divergence has also formed, signaling potential weakness in bullish momentum. Given the confluence of resistance and negative divergence, we expect the price to struggle breaking above this level and likely decline toward the specified support zones. Unless price breaks above the resistance decisively, the bias remains bearish in the short term. Don’t forget to like and share your thoughts in the comments! ❤️
Short
by HAMED_AZ
6
GBPUSD Analysis Today: Technical and Order Flow !In this video I will be sharing my GBPUSD analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
by Transparent_Fx_Academy
13
GBPUSD I Weekly CLS I Model 1 Target MOBHey, Market Warriors, here is another outlook on this instrument If you’ve been following me, you already know every setup you see is built around a CLS range, a Key Level, Liquidity and a specific execution model. If you haven't followed me yet, start now. My trading system is completely mechanical — designed to remove emotions, opinions, and impulsive decisions. No messy diagonal lines. No random drawings. Just clarity, structure, and execution. 🧩 What is CLS? CLS is real smart money — the combined power of major investment banks and central banks moving over 6.5 trillion dollars a day. Understanding their operations is key to markets. ✅ Understanding the behaviour of CLS allows you to position yourself with the giants during the market manipulations — leading to buying lows and selling highs - cleaner entries, clearer exits, and consistent profits. 🛡️ Models 1 and 2: From my posts, you can learn two core execution models. They are the backbone of how I trade and how my students are trained. 📍 Model 1 is right after the manipulation of the CLS candle when CIOD occurs, and we are targeting 50% of the CLS range. H4 CLS ranges supported by HTF go straight to the opposing range. 📍 Model 2 occurs in the specific market sequence when CLS smart money needs to re-accumulate more positions, and we are looking to find a key level around 61.8 fib retracement and target the opposing side of the range. 👍 Hit like if you find this analysis helpful, and don't hesitate to comment with your opinions, charts or any questions.
 ⚔️ Listen Carefully: Analysis is not trading. Right now, this platform is full of gurus" trying to sell you dreams based on analysis with arrows while they don't even have the skill to trade themselves. If you’re ever thinking about buying a Trading Course or Signals from anyone. Always demand a verified track record. It takes less than five minutes to connect 3rd third-party verification tool and link to the widget to his signature. "Adapt what is useful, reject what is useless, and add what is specifically your own." — David Perk aka Dave FX Hunter ⚔️
Short
by David_Perk
17
GBPUSD COT and Liquidity AnalysisHey what up traders welcome to the COT data and Liquidity report. It's always good to go with those who move the market here is what I see in their cards. I share my COT - order flow views every weekend. 🎯 Longs and shorts decreasing but overal maintained bullish exposure 58% which is not much but seems to me like Key level will be reached.. 📍Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again we as retail traders have disadvantage, but there is possibility to read between the lines. Remember in the report is what they want you to see, that's why mostly price reverse on Wednesday after the report so their cards are hidden as long as possible. However if the trend is running you can read it and use for your advantage. 💊 Tip if the level has confluence with the high volume on COT it can be strong support / Resistance. 👍 Hit like if you find this analysis helpful, and don't hesitate to comment with your opinions, charts or any questions. Analysis done on the Tradenation Charts Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. "Adapt what is useful, reject what is useless, and add what is specifically your own." — David Perk aka Dave FX Hunter ⚔️
by David_Perk
6
GBP/USD - Triangle Breakout (23.05.2025)The GBP/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position around Trendline Of The Pattern. Target Levels: 1st Resistance – 1.3502 2nd Resistance – 1.3534 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by KABHI_TA_TRADING
64
GBP/USD bullish run still going?This week’s analysis for GU is centred around the current pro-trend momentum and where we could see potential entries to continue riding it. To begin with, there’s a refined 3D supply zone located at a premium level which could cause a short-term bearish reaction. I’ll be monitoring this area for any possible short setups — but only with strong confirmation. However, the overall structure remains predominantly bullish, as shown by a series of higher highs and higher lows, along with significant breaks of structure. The most relevant point of interest for a bullish continuation sits around the 1.34200 level, where a clean 9H demand zone resides. This is where I’ll be looking to enter long positions if price retraces to that area. Confluences for GU Buys: - Clear formation of higher highs and higher lows, confirming bullish structure - Strong 9H demand zone that initiated the recent break of structure - Liquidity above still yet to be cleared - DXY remains bearish, supporting continued bullish momentum on GBP/USD P.S. Don’t get too caught up chasing countertrend moves. The real edge lies in identifying the nearest POI that aligns with the overall trend and waiting for your setup to unfold there.
Long
by Hassan_fx
4
GBPUSD Poised for a Bearish MoveGBPUSD Poised for a Bearish Move On the 4-hour chart, GBPUSD has completed an ugly variation of a Harmonic Pattern. While the pattern itself is not ideal, it successfully prevented the price from rising above 1.3590. The market surged unexpectedly a few days ago, following Trump’s aggressive 50% tariff proposal on Europe, but today, GBPUSD is reversing course. Yesterday, a trade court blocked Trump’s tariffs, ruling that he overstepped his authority with broad import duties. This decision gave a boost to the US dollar, and after a brief pause, GBPUSD may now be setting up for a bearish trend. Targets: 1.3350 | 1.3250 | 1.3170 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
18
GBPUSD Trade Setup – Entry at 1.34708 with Target at 1.27735Entry Point: ~1.34708 Stop Loss Zone: ~1.35734 (roughly 100 pips above entry) Target Points: EA Target Point One: 1.31769 EA Final Target Point: 1.27735 --- Technical Observations: 1. Price Action: The price is consolidating below the 1.34708 resistance level. Multiple failed attempts to break above suggest selling pressure around this zone. 2. Moving Averages: Two MAs (possibly 50 EMA and 200 EMA) show a recent crossover, potentially indicating a shift in momentum. 3. Bearish Bias: Based on the annotated targets, the trader anticipates a reversal from the current level. A drop to 1.27735 represents a 5.09% move from the entry point. 4. Risk-Reward Ratio: Risk (Entry to Stop Loss): ~100 pips Reward (Entry to Final TP): ~700+ pips Risk-reward is highly favorable (~1:7) Confluence & Support Zones: 1.31769: Previously tested support/resistance level – a logical intermediate target 1.27735: Historical support zone from early March – final bearish target. Summary: This setup is a swing short trade with an attractive risk-reward profile. Confirmation via bearish reversal candlesticks near 1.34708 would strengthen the case. Watch out for news catalysts or USD data that might impact volatility and invalidate the setup.
Long
by EA_GOLD_MAN_COPY_TRADE
12
GBPUSD I Weekly CLS I Model 1 I TR Liquidity TPHey, Market Warriors, here is another outlook on this instrument If you’ve been following me, you already know every setup you see is built around a CLS Footprint, a Key Level, Liquidity and a specific execution model. If you haven't followed me yet, start now. My trading system is completely mechanical — designed to remove emotions, opinions, and impulsive decisions. No messy diagonal lines. No random drawings. Just clarity, structure, and execution. 🧩 What is CLS? CLS is real smart money — the combined power of major investment banks and central banks moving over 6.5 trillion dollars a day. Understanding their operations is key to markets. ✅ Understanding the behavior of CLS allows you to position yourself with the giants during the market manipulations — leading to buying lows and selling highs - cleaner entries, clearer exits, and consistent profits. 📍 Model 1 is right after the manipulation of the CLS candle when CIOD occurs, and we are targeting 50% of the CLS range. H4 CLS ranges supported by HTF go straight to the opposing range. "Adapt what is useful, reject what is useless, and add what is specifically your own." — David Perk aka Dave FX Hunter ⚔️ 👍 Hit like if you find this analysis helpful, and don't hesitate to comment with your opinions, charts or any questions.
Short
by David_Perk
13
GBP/USD - POTENTIAL RETRACEMENT SETUP (15 MIN CHART)Market Structure : Price made a strong bullish move and is now showing signs of a retracement from a clear supply zone around the recent highs. The impulsive leg is being respected, and the market has started pulling back from the top. Key Technical Points: Supply Zone marked where price reversed aggressively. Fibonacci retracement levels drawn from the swing low to the swing high. Price currently sitting between the 38.2% and 50% retracement zone. The 61.8% - 78.6% zone, along with ascending trendline support (in orange), creates a confluence area for a possible bullish reaction. Two potential entry zones are highlighted: 1. Near the trendline and fib golden zone 2. Deeper retracement near OB demand zone and the 78.6% level. Bias: Bullish continuation if price respects the trendline and demand zones. Waiting for confirmations like bullish engulfing or break of structure from lower timeframes before entry. Risk Management: SL below demand zone. TP targeting retest of supply zone or potential breakout depending on momentum
Short
by loredana99
5
Forex Trading Time Zones: Market Hours and OverlapsForex Trading Time Zones: Market Hours and Overlaps In the world of forex trading, understanding the dynamics of different time zones is paramount. This article delves into the intricate web of currency trading time zones, exploring the 24-hour cycle, major trading hours, and the nuanced opportunities each presents. The 24-Hour Cycle of Forex Market Time Zones The forex market's distinctive feature of being open 24 hours a day, five days a week, is a testament to its unparalleled accessibility, dynamics, and decentralised nature. Unlike traditional financial markets constrained by fixed trading hours, the forex market operates continuously, commencing in Asia on Monday and concluding in North America on Friday. Major financial centres in different time zones steer the dynamics of the forex market, acting as the primary drivers of market activity during their respective business hours. That complex interplay creates distinct trading periods, each characterised by unique market conditions and opportunities. Key Forex Session Time Zones Knowing the trading hours of the major forex trading hours is fundamental for any trader aiming to capitalise on the dynamic nature of the market. Winter time: - London Session: From 8:00 AM to 5:00 PM UTC - New York Session: From 1:00 PM to 10:00 PM UTC - Sydney Session: From 09:00 PM to 6:00 AM UTC - Tokyo Session: From 11:00 PM to 8:00 AM UTC Summer time: - London Session: From 7:00 AM to 4:00 PM UTC - New York Session: From 12:00 PM to 9:00 PM UTC - Sydney Session: From 10:00 PM to 7:00 AM UTC - Tokyo Session: From 11:00 PM to 8:00 AM UTC Different Time Zones in Forex Trading Create Opportunities The diverse forex trading time zones offer a rich tapestry of opportunities, each session presenting distinct characteristics that traders can strategically exploit. London Session The London session time provides opportunities for traders to engage in high-liquidity markets. Currency pairs involving the euro (EUR) or the British pound (GBP), such as EUR/USD and GBP/USD, tend to be particularly active during this period. The early morning volatility during the London session trading time can be harnessed for quick trades or trend-establishing moves. New York Session As the New York session time kicks in, currency pairs involving the US dollar (USD) or other currencies of countries in the same time zone take centre stage. Pairs like USD/MXN and USD/CAD experience heightened volatility and amplified market activity. Sydney Session While the Sydney session may exhibit lower volatility, it sets the stage for the day's trading. Currency pairs tied to the Australian dollar (AUD) and the New Zealand dollar (NZD), like AUD/USD and NZD/USD, can witness initial movements during this period, creating opportunities for strategic positioning. Tokyo Session The Tokyo session focuses on the Japanese yen (JPY) pairs, offering traders the chance to tap into the unique characteristics of this market. Currency pairs like USD/JPY and EUR/JPY may see increased activity, presenting opportunities for trend-following or counter-trend strategies. Session Trading Strategies The convergence of major financial hubs during specific currency trading time zones creates a unique environment that can be exploited strategically. Let’s examine three strategies for each major forex time zone. London Session Breakout Strategy The London Session Breakout strategy is based on the significant increase in trading volume and volatility when the London market opens, specifically between 7:00 AM and 10:00 AM UTC (summer time) or 8:00 AM and 11:00 AM UTC (winter time). However, most focus is often placed on the range between 8:00 AM and 9:00 AM summer time or 9:00 AM and 10:00 AM winter time. This surge during the London trading session often leads to notable price movements, particularly in forex pairs like GBP/USD and EUR/USD, making it an ideal time for breakout strategies. Entry - Traders monitor the early London trading hours. The idea is to look for a specific range with clear high and low boundaries during this time. - They set buy stop orders slightly above the high of this range and sell stop orders slightly below the low, aiming to capture the breakout direction. Stop Loss - Stop losses are strategically placed slightly below the most recent swing low for buy positions and vice versa, offering potential protection against false breakouts. Take Profit - Some traders may prefer to close the position as the New York session begins, as reversals are common during this session overlap. - Alternatively, trailing stops might be employed to take advantage of extended price movements if the trend continues strongly after the breakout. New York Reversal Strategy The New York Reversal strategy exploits the heightened volatility and liquidity that occur at the start of the New York session. While there isn’t a perfect correlation, it’s common to see the initial London trend extended early into the New York session before a reversal, usually between 12:30 PM and 2:00 PM UTC summer time and 1:30 PM and 2 PM UTC winter time. This strategy is particularly effective due to the influx of trading activity and market orders when the US markets open. Entry - Traders often monitor the market around the first couple of hours of the New York forex session time, looking for signs of reversal. This may be a divergence between a price and a momentum indicator, a reaction from a significant support or resistance level, a candlestick or chart pattern, and so on. - Once the trader has confirmation that the London trend may be reversing, they enter a position. Stop Loss - Stop losses are generally placed just beyond the nearest swing high or low. This helps potentially protect against losses if the anticipated reversal does not occur. Take Profit - Traders frequently set profit targets at significant support or resistance levels established during the London session. - Alternatively, traders might trail their stop loss to follow the market movement and maximise potential gains. Tokyo Volatility Breakout Strategy The Tokyo Volatility Breakout strategy leverages the increased trading activity and liquidity at the start of the Tokyo session time. This strategy is best suited to JPY pairs like USD/JPY, EUR/JPY, and GBP/JPY, which often see significant price movements due to the influx of market participants at Japan’s forex market open time. Between 9:00 PM and 10:00 PM UTC summer time (8:00 PM and 9:00 PM UTC winter time), volume and liquidity dry up significantly as the New York session closes. 10:00 PM and 11:00 PM UTC summer time (9:00 PM and 10:00 PM winter time) sees some activity as Sydney session time begins, but the start of the Tokyo session forex time, between 11:00 PM and 12:00 AM, can kickstart a new trend and break out from the typical ranging conditions from the previous few hours. Entry - Traders often monitor the market and look for breakouts as the Tokyo session begins. - Bollinger Bands can be used to identify these breakouts, typically characterised by the bands squeezing together before the price closes strongly outside the upper or lower band, potentially indicating the start of a trend. Stop Loss - Stop losses are generally placed beyond the nearest swing high or low or beyond the opposite side of the Bollinger Band. This helps potentially protect against losses if the breakout does not result in a sustained trend. Take Profit - Profit targets are often set at significant support or resistance levels established in previous sessions. - Alternatively, positions might be closed at the start of the London session (around 7:00 AM - 8:00 AM UTC) to avoid potential reversals that occur with the increased liquidity and trading volume as European markets open. Tailoring Your Trading Schedule to Forex Currency Time Zones Crafting an effective trading schedule involves a personalised approach, taking into account a trader's individual location and trading style objectives. Different Trading Styles: Maximising Opportunities Forex time zones often determine specific forex rate behaviours. For day traders, the volatility and liquidity during overlapping activity can provide ideal conditions for executing rapid trades. The heightened volatility and liquidity are even more advantageous for scalpers seeking to capitalise on rapid price movements by executing trades with precision. Overlapping sessions also often mark key points where trends may continue or reverse. Traders employing trend-following or breakout-based strategies can capitalise on that momentum. Swing traders, on the other hand, who aim to capture trends over a slightly longer timeframe, may take advantage of the distinct characteristics of individual sessions, such as the so-called stability of the Sydney session or the high volatility of the London session. Economic Events and News Releases Traders also consider the timing of major data releases and align that with their specific geographic location. During the London session, major European economic indicators and policy announcements can set the tone. Then, the market may respond to data from the United States that can significantly influence USD pairs, followed by economic reports from the Asia-Pacific region. The interconnectedness of the world economy can have cascading effects on currency values across the globe. Currency Market Correlations Currency pair correlations exhibit dynamic shifts depending on the timing and may lead to specific patterns. For example, the correlation between USD/JPY and EUR/USD can shift throughout the trading day, starting from positive during the Tokyo session and then shifting into negative during European and New York trading hours. Traders can leverage correlation analysis as a powerful tool for making informed trading decisions. Final Thoughts Navigating the dynamic world of forex trading requires a multifaceted understanding of the market's 24-hour cycle, the overlapping of major trading sessions, and the intricate interplay of economic events and currency correlations. FAQ What Are the 4 Forex Sessions? The forex market operates 24 hours a day, divided into four main sessions based on key financial centres: the Sydney session forex time (10:00 PM to 7:00 AM UTC in the summer and 9:00 PM to 6:00 AM UTC in the winter), the Tokyo session forex time (11:00 PM to 8:00 AM UTC in the summer and winter), the London session forex time (7:00 AM to 4:00 PM UTC in the summer and 8:00 AM to 5:00 PM UTC in the winter), and the New York session forex time (12:00 PM to 9:00 PM UTC in the summer and 1:00 PM to 10:00 PM UTC in the winter). When Does the London Session Start? The London session starts at 7:00 AM UTC during summer and at 8:00 AM UTC during winter due to daylight saving time adjustments. This session is crucial for its high liquidity and significant overlap with other major sessions. What Time Is the New York-London Session Overlap? The overlap between the New York trading session time and the London session occurs from 12:00 PM to 4:00 PM UTC in summer and from 1:00 PM to 5:00 PM UTC in winter. Do Tokyo and London Sessions Overlap? The Tokyo and London sessions do not overlap significantly. The Tokyo session ends at 8:00 AM UTC, while the London session starts at 7:00 AM UTC in the summer. The minimal overlap from 7:00 AM to 8:00 AM UTC sees limited trading activity. In winter, sessions don’t overlap. 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
4
GBPUSD - One More Leg for Bears to Take Over!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈GBPUSD has been overall bullish trading within the rising broadening wedge pattern marked in red. However, it is currently approaching the upper bound of the wedge acting as an over-bought zone. And the $1.365 - $1.375 is a strong resistance zone. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of resistance and upper red trendline acting as a non-horizontal resistance. 📚 As per my trading style: As #GBPUSD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich 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 TheSignalyst
4
GBP/USD..1h chart pattern..technical analysis based on the GBP/USD 1H chart data I'm provided: --- GBP/USD 1H Chart Pattern Analysis Current Market Price: 1.34700 (Sell Initiated) --- Key Technical Levels: Resistance: 1.35000 (Previous swing high / potential supply zone) Sell Entry: 1.34700 (Just below resistance — indicates early entry on rejection confirmation) Target 1: 1.33500 (Short-term support or minor demand zone) Target 2: 1.32500 (Major support — longer-term objective) --- Technical Pattern Analysis: Bearish Rejection at Resistance: Price failed to break 1.35000, showing signs of exhaustion — a classic bearish reversal signal. Potential Double Top Formation: If 1.35000 was tested more than once and failed, this strengthens bearish sentiment. Descending Momentum Indicators (if confirmed by RSI/EMA): Would support short bias. --- Trade Idea (Short Bias): Sell Entry: 1.34700 (executed) Stop Loss: Above 1.35000 (suggested SL: 1.35200) Take Profit 1: 1.33500 (partial close or move SL to breakeven) Take Profit 2: 1.32500 (final TP if downtrend continues) --- Risk Note: Ensure risk management is applied — ideally risk no more than 1-2% of account size per trade. --- Would you like a chart screenshot with trendlines, resistance, and target zones marked? I can generate a visual for clearer insight.
Short
by Algo_Trading_Mql5
14
GBP/USD Ready to Explode or Collapse? All Eyes on 1.3600British Pound (CFTC - CME) Commercial traders increased their long positions by +1,839 contracts and short positions by +3,597. Net exposure remains negative, but the significant short increase suggests active hedging and risk management. Non-Commercial traders (speculators) reduced their longs by -1,396 and increased their shorts by +1,827, signaling weakening sentiment toward the GBP. Open Interest rose modestly by +465 → showing renewed engagement, though there’s clear divergence between Commercial and Non-Commercial positioning. Implication: Net pressure remains bearish, but there's evidence of short saturation from Commercials, possibly hinting at a consolidation phase or reversal ahead. USD Index (ICE Futures) Non-Commercials increased both longs (+2,044) and shorts (+1,975), signaling indecision. Commercials slightly increased long exposure (+689), while shorts remained mostly flat (-114). Implication: The dollar shows cautious strengthening, but with no strong directional conviction. A period of ranging price action is likely. 2. Retail Sentiment 67% of retail traders are short GBP/USD, with only 33% long. Volume favors short positions as well: 7,727 lots vs. 3,866 long. Implication: From a contrarian perspective, the excessive short bias among retail traders supports a short-term bullish scenario, possibly driven by a short squeeze or liquidity run. 3. Historical Seasonality May shows a historically bearish tendency: 10-Year Avg: -2.22% 5-Year Avg: -1.60% 2-Year Avg: -0.65% Implication: Seasonal bias remains negative, but should be interpreted alongside COT and sentiment data to avoid misleading signals. 4. Technical Analysis Price is currently trading inside a weekly resistance zone between 1.3513 and 1.3600, following a strong bounce from a dynamic support. A previous structure break failed to follow through → bull trap was avoided. The weekly RSI is rising from neutral levels, suggesting momentum is shifting upward. Previous demand zones around 1.3176 and 1.3047 held well. Implication: A potential breakout is forming, but it occurs near a key technical level. Without strong volume or fundamentals, the area may trigger a sell reaction. 5. Market Depth There is a heavy cluster of short orders above current price, while long orders appear scattered and less aggressive. This creates a liquidity magnet effect, which may lead to bullish spikes towards 1.3550–1.3600 before any meaningful distribution. Implication: Potential upside extension in the short-term to hunt stops, followed by a bearish reaction. 🎯 Operational Outlook Main Bias: Neutral-to-Bullish short-term, Bearish (Seasonal) mid-term Key levels to watch: Resistance: 1.3550–1.3600 Support zone: Ascending trendline and 1.3340–1.3176 Likely Scenarios: Price may spike toward 1.3550 to clear liquidity before facing rejection. A confirmed weekly close above 1.3610 opens the door to 1.3750. A drop below 1.3340 confirms structural reversal and bearish continuation.
Short
by EdgeTradingJourney
5
GBPUSD Near Key Resistance – Watching for PullbackGBPUSD has surged to test the 1.3538 resistance, forming a strong impulsive rally supported by higher lows and tight bullish consolidation patterns. However, price is now pressing into a major horizontal resistance and rising trendline, setting up for either continuation or correction. Key Levels: Major Resistance: 1.35389 (previous high, potential double top) Trendline Support: ~1.3440 (ascending structure) Downside Target (if break occurs): 1.3140 (range floor) Scenarios to Watch: 🔹 Bearish Scenario (Primary Watch) Price reacts to 1.3538 and forms a rejection candle Break of the ascending trendline may trigger a retracement Downside target zones: 1.3440 (initial structure) 1.3140 (major support zone) 🔹 Bullish Breakout (Alternate Scenario) Clean break and close above 1.3538 Would invalidate short-term correction and open path to new highs Momentum continuation possible toward 1.3600–1.3700 Pattern Notes: Bullish structure with minor flags and wedges in the uptrend But rally is extended and hitting overbought territory near resistance RSI divergence or reversal patterns around this level would strengthen short case Conclusion: 📌 GBPUSD is at a major resistance. Watch for rejection or breakout. 📌 If it holds below 1.3538 and breaks trendline, short setup is favored. 📌 If it breaks out above 1.3538 with volume, stay out of shorts and wait for retest.
Short
by ultreosforex
5
GBP/USD – Correction in Progress - Where to buy?A few days ago, I pointed out that GBP/USD broke above key resistance from above 1.34, and even cleared the psychological barrier at 1.35. That breakout opened the door for a potential move toward 1.4000, and I suggested that traders should look for buying opportunities on pullbacks. Well — we’re in that pullback now. So, where do we buy? 📍 The most obvious area is the old resistance around 1.3430. But here’s the catch: GBP/USD is notorious for fakeouts and spikes. If price tests that level, it could easily dip under 1.34, take out stops, and only then reverse to the upside. 🛡️ Bottom line: If you’re buying the dip, set your stop-loss wisely Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Long
by Mihai_Iacob
1
GBPUSD BULLISH OR BEARISH DETAILED ANALYSISGBPUSD has played out exactly as forecasted, completing a clean bullish leg from the Fibonacci confluence zones and breaking through the key 1.3430 resistance level. The structure remains strongly bullish, and after this minor retest, I’m anticipating another impulsive wave to the upside, with the next target sitting firmly at the 1.3900 level. The pair continues to respect both structure and momentum, showing consistent demand on dips. Fundamentally, the British pound continues to gain strength backed by sticky inflation data and hawkish tone from the Bank of England. With UK CPI remaining elevated and core services inflation running hot, the BoE is being forced to hold its tightening bias. This contrasts sharply with the Federal Reserve, where recent data shows signs of softening labor markets and cooling price pressure, bringing rate cut expectations back on the table for the second half of 2025. Technically, GBPUSD has cleanly respected all key fib levels from the previous correction. The breakout above 1.3430 has flipped structure into bullish continuation, and the market has already begun forming higher highs and higher lows on both daily and 4H timeframes. As long as price holds above the 1.3430–1.3450 retest zone, the bullish outlook remains intact with high-probability momentum toward 1.3900. In current market sentiment, GBPUSD remains one of the strongest trending pairs, with institutions adding to long exposure as the dollar index weakens. As a professional trader, I remain long-biased and look to scale in on lower timeframe retracements. This is a textbook continuation play backed by both technicals and macro momentum. Let the trend work—bulls remain in full control.
Long
by AndrewsMarket-Mastery
2