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British Pound / U.S. Dollar

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GBPUSD trade ideas

GBPUSD short!Classic Wyckoff upthrust, this is A+ We’ve got a clear AB=CD completion at C, tagging previous support-turned-resistance, while the volume on the climb is drying up (classic clue of passive buyers getting trapped). The channel top + Fibonacci confluence + previous swing zone adds weight. 🔻 Trade Idea: Entry: 1.3477 Stop: 1.3521 (above wick highs and structure) Target 1: 1.3401 (break structure) Target 2: 1.3276 (full measured move / spring's origin) Risk-Reward: ~3.5R Volume divergence confirms exhaustion. Ideal reaction would break through mid-line and sustain under 1.3401. 🔍 Watch For: Bearish engulfing confirmation on 1h Volume spike during breakdown = smart money selling If price lingers above 1.3515, trap invalid
Short
by theeOperator90
6
Trade Idea: Buy GBP/USD (Short-Term Opportunity)### **📈 Trade Idea: Buy GBP/USD (Short-Term Opportunity)** **Bias:** 🔼 Bullish **Timeframe:** 🕒 Short-Term (few days to a couple of weeks) --- ### **💡 Why Buy GBP/USD?** **🇺🇸 USD – U.S. Dollar:** * **Real yields dropping, Fed turning cautious** → *📉 Less return = less demand for USD. Dovish Fed tone opens the door for weakness.* * **Fund managers are heavily short USD** → *📊 Big bearish positioning = market already leaning against the dollar.* * **Inflation sticky, but no urgency to hike** → *🔥 Keeps Fed cautious, not aggressive — supports slow USD drift lower.* * **Limited safe-haven demand despite global tensions** → *🕊️ Markets are no longer rushing to the dollar during global stress — a shift in behavior.* * **Sentiment: Bearish** → *📉 USD remains under pressure unless inflation re-surges or Fed surprises hawkishly.* --- **🇬🇧 GBP – British Pound:** * **Yes, UK data is soft — but so is the USD** → *⚖️ It’s a relative game. GBP has room to bounce if risk sentiment holds.* * **BoE expected to cut in August — but no panic** → *🏦 The easing path is gradual. GBP isn’t collapsing — markets had time to price this in.* * **GBP oversold and holding 1.2660 support** → *🛑 Price structure suggests buyers are defending key levels.* * **Weak USD = GBP breathing room** → *💨 Even a soft pound can float when the dollar is sinking.* * **Sentiment: Mildly bearish, but stabilizing** → *📈 GBP might not be strong — but it’s showing signs of bottoming.* --- ### **🔍 Outlook:** **This is a dollar-weakness play more than a pound-strength one.** If GBP/USD holds above 1.2660, there’s room to ride a slow grind toward 1.2800+. Risk is limited unless July CPI surprises hawkishly or BoE turns dramatically dovish. ---
Short
by Wainainarobert
GBP/USD Potential Bullish ReversalGBP/USD Potential Bullish Reversal 📈🦾 📊 Technical Analysis Overview: The chart showcases a well-defined horizontal range between the support (~1.31900) and resistance (~1.36200) zones. The price action has respected these levels multiple times, forming a clear accumulation zone at the bottom and rejection at the top. 🔄 Pattern Formation: A Rounded Bottom (Cup) structure is visible forming from the June low. The price made a bullish bounce near the key support level at 1.33930, marked by an orange circle, suggesting a potential higher low formation. The blue downtrend line from the recent high (red arrow) has been broken, indicating a trend reversal attempt. 📍 Current Price: 1.34494 🎯 Target Zone: 1.35734 🛑 Support to Watch: 1.33930 📈 Bullish Confirmation: A break above the minor neckline (around current price) would confirm a cup & handle breakout with a projected target of 1.35734. Strong buying pressure and higher lows are reinforcing bullish strength. ⚠️ Risk Management Tip: A breakdown below 1.33930 would invalidate the bullish setup and could retest the major support zone (~1.31900). ✅ Bias: Bullish, unless price closes below 1.33930 🕒 Outlook: Short- to Mid-term Upside Potential
Long
by MrStellanSight
The Top 3 Indicators to Use In Forex TradingAnother bull market is on the way,so this had to lead to some war, and crazy stuff on going. The forex market is a very important metric to watch. - To be honest with you i dont trade forex pairs anymore but its important to watch this market to understand global economics and the banking systems. - So if you ever trade forex dont use more than 2x Margin. the average return on forex pairs is about 20% per year. - Will i ever go back to trading forex? - probably not.Right now am in Bitcoin. Eventhough i will keep giving updates on forex pairs. Because Forex trading is what inspired me to learn how to trade in the beginning. Its the same chart pattern but this time we are focussed on the weekly time frame. Because i dont have a paid membership to tradingview i am only able to share with you weekly trades and not day trade. These posts are not day trading strategies. Instead they are weekly trading strategies thats the reason why you should not use margin.Because weekly trades are more volatile. This forex pair is the best in the forex market in terms of performance.So unless you trading this forex pair OANDA:GBPUSD Your returns wont be huge without margin. But from a long term mindset, you should expect 20% annual return. On this chart we used: -Stochastic RSI -The 50 EMA -The 200 EMA Interpreting these indicators does take time to understand them.Its very important that you understand them very well. Rocket boost This content to learn more. Disclaimer:Trading is risky please use a simulation trading account before you trade with real money.Also learn risk management and profit taking strategies first.Do not use margin.
Long
by lubosi
GBPUSD MULTI TIME FRAME ANALYSIS Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Long
by okako_trading
*GBPUSD | Weekly Breakdown - Patience Over PressureThis week, GU didn’t follow the original script, and that’s perfectly fine. No forced trades, no ego—we sat back and let price do what it needed to do. Price broke straight through the 30M demand zone, showing clear bearish intent. That shift redirected my focus to the 4H demand, which held strong and gave us the real story. Now the play is simple: I’m waiting for price to retrace back to mitigate the 30M zone, then I’ll look for continuation sales aligned with that new HTF momentum. No stress—just adjusted bias, preserved capital, and waited for the next clean setup. We don’t chase—we position. 😉 Bless Trading!
Short
by Juicemannn
GBPUSD: Bearish pressure persistsGBPUSD is consolidating below a key medium-term resistance zone, with a rounding top and a minor head-and-shoulders pattern forming. The price is currently retesting the Fair Value Gap near 1.34900 — a potential reversal zone if it fails to break higher. On the fundamental side, the Bank of England's decision to hold interest rates on June 19 disappointed the market. Meanwhile, the US dollar remains supported by safe-haven demand and the Federal Reserve’s hawkish tone, adding further pressure on GBP. If GBPUSD fails to hold the trendline support near 1.33700, the risk of a deeper decline increases. Both the technical structure and macro fundamentals favor the bears.
Short
by Rocky_trade_
The Fundamental Truths About a Trending MarketBefore you can trade successfully, you must first understand what defines a market trend. 🔼 What is an Uptrend? An uptrend is characterised by a series of Higher Highs (HH) and Higher Lows (HL). This signals that buyers are in control and price is climbing steadily. 🔽 What is a Downtrend? A downtrend is identified by a series of Lower Lows (LL) and Lower Highs (LH). This indicates that sellers are dominant and price is consistently falling. 📌 Important Facts About a Trending Market Trends don’t change easily. Once a trend is established, it tends to persist. A trend reversal takes time and effort. It doesn't happen abruptly — the market needs a strong reason to change direction. There are always warning signs. Before a trend changes, there’s usually a pattern or shift in behaviour that acts as a clue. The bigger the trend, the longer it takes to reverse. A well-established trend will require more time and evidence before it breaks. 🎯 Keys to Trading Any Market Successfully Identify the market condition. Is the market trending upwards, downwards, or moving sideways (consolidating)? Study price behaviour at key levels. Understand how price reacts at significant highs and lows. Learn the anatomy of price waves. Recognise wave structure — how price expands and contracts in trends. Align your trades with the market condition. Your entry and exit strategies should fit the current phase of the market. 🔚 Summary Mastering trends is one of the most important skills in trading. When you understand what defines an uptrend or downtrend, recognise when a trend may be ending, and align your strategy with the market condition, you set yourself up for consistent success. Patience, observation, and timing are key — because the market always leaves clues, but only for those who are prepared to see them.
Education
by Charts247TradingAcademy
GBPUSD IS LOOKING WEAK FOR A HARD SELL OFF SWING TRADEOANDA:GBPUSD Has broken the bullish swing low on 4 Hour time frame with strong sell off bearish candles leaving behind a big bearish imbalances in price. Which extra confirm that price is extremely bearish on 4 Hour time frame. Now that trend has shifted from bullish trend to a bearish one, am now bearish on GBPUSD. Bearish shift in market structure that happened on OANDA:EURUSD EURUSD which is a correlating pair with GBPUSD extra confirm this bearish bias on GBPUSD. likewise also, the Bullish Shift in Market Structure on OANDA:USDCAD USDCAD, which is an opposite correlating pair confirm this sell on GBPUSD. So, my focus now is selling GBPUSD in every pullback or retest of key bearish levels. I will update you as the trade develop.
Short
by Elijahenoch7
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
Analysis of GBPUSD 1-Hour Chart Signaling Bullish TrendAnalysis of GBP/USD 1-Hour Chart Signaling Bullish Trend 📈 I. Support Levels & Chart Patterns Support Confirmation After testing the 1.34135 support zone, price rebounded sharply with consecutive bullish candles 🚀, forming a potential "double bottom" pattern (or wave low). This successful defense of support reinforces the foundation for upward movement 🏗️. Resistance Breakout Potential Price is currently advancing from the 1.34600 short-term support. The key resistance lies at 1.35160. A decisive breakout above this level would validate the bullish projection indicated by the upward arrows on the chart 🎯 ⚡️⚡️⚡️ GBPUSD ⚡️⚡️⚡️ 🚀 Buy@ 1.33500 - 1.34000 🚀 TP 1.35000 - 1.35500 Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
Long
by Sovereign_1
UK retail sales slide, Pound edges higherThe British pound has gained ground for a second straight day. In the European session, GBP/USD is trading at 1.3496, up 0.22% on the day. UK retail sales took a tumble in May, falling 2.7% m/m. This followed an upwardly revised 1.3% increase in April and was much worse than the market estimate of -0.5%. This marked the steepest decline since December 2023 and was driven by a sharp drop in food store sales. Consumers are being squeezed by inflation and are pessimistic about economic conditions - Gfk consumer confidence for June rose slightly to -18 from -20. Annually, retail sales dropped 1.3%, following a 5.0% gain in April and missing the market estimate of 1.7%. This was the weakest reading since April 2024. The dismal retail sales report reflects the volatile economic landscape and there may not be a light at the end of the tunnel for some time. The Israel-Iran war could lead to oil prices continuing to rise and the uncertainty over US tariffs will only add to the worries of the UK consumer. The Bank of England held rates on Thursday but the weak retail sales report will add pressure on the central bank to lower rates in the summer. The markets expect one or two rate cuts in 2025, but the main impediment to a rate cut is stubbornly high inflation. Inflation ticked lower to 3.4% y/y in May from 3.5% a month earlier. The core rate dropped to 3.5% from 3.8% but these numbers are still too high, well above the BoE's target of 2%. Without signs that inflation is easing, it will be difficult for the BoE to justify a rate cut. GBP/USD is testing resistance at 1.3498. Above, there is resistance at 1.3527 1.3440 and 1.3411 are providing support
by OANDA
GBPUSD hit its 1D MA50. Perfect buy signal.The GBPUSD pair has been trading within a Channel Up pattern since the January 13 2025 market bottom. Yesterday it hit its 1D MA50 (blue trend-line) for the first time since April 08. This is the most efficient buy entry as the 1D MA50 has been supporting since the February 13 break-out. Even the 1D CCI turned oversold and rebounded, which is consistent with all bottom buys inside the Channel Up. The Bullish Leg can extend to as high as +5.05% but due to the presence of the Inner Higher Highs trend-line, we first target 1.3850 (+3.43% rise). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot