GUWe have multiple confluences to look for short positions here. We have some liquidity/equal lows that need to be taken out. We would also be entering a key demand zone as well.
GBPUSD trade ideas
Elliott Wave Confirms That GBPUSD Has Resumed Its Upward MoveGBPUSD has recently broken above its April 3, 2025 peak of 1.3207, which we identified as wave (1) in the chart. This breakout signals a bullish trend starting from the January 13, 2025 low of 1.2705, suggesting more upward movement ahead. The rally from this low follows a five-wave Elliott Wave pattern. This is a common structure in technical analysis indicating a strong trend.
Starting from the January 13 low, the first wave or wave (1) reached 1.3207.,A pullback in wave (2) then followed which ended at 1.2705. This pullback formed a zigzag pattern. Wave A dropped to 1.2823, wave B rose to 1.2934, and wave C fell to 1.2705, completing wave (2).
The pair has now moved higher into wave (3). From the wave (2) low, the first sub-wave (wave ((i))) peaked at 1.2864, followed by a dip in wave ((ii)) to 1.274. The third sub-wave (wave ((iii))) climbed to 1.314, and the fourth (wave ((iv))) dipped to 1.3027. The fifth sub-wave (wave ((v))) is expected to finish soon, completing wave 1 of a larger pattern.
After this, the pair is likely to pull back in wave 2, correcting the upward move from the April 8, 2025 low. This correction could unfold in 3, 7, or 11 smaller swings before the pair resumes its upward trend. In the short term, as long as the 1.27 low holds, any dips should attract buyers in 3, 7, or 11 swings, supporting further gains.
GBPUSD:SIGNALHello friends
Given the good growth we had, we can buy within the specified support ranges with capital and risk management because buyers reacted well after the price correction and this could be the beginning of a good growth.
*Trade safely with us*
GBP/USD: The Bear's Ride Down the TrendAs I assess the GBP/USD market today, I see that the current price is 1.32466, and I’ve taken a sell position at 1.32480, which is moving well. Based on recent fundamentals, technical indicators, and historical weekly data, here’s my full market breakdown:
Fundamentals & Economic Outlook
Recent US economic data has provided mixed signals for the dollar:
Initial & 4-Week Jobless Claims: Came in lower than expected, signaling a stronger labor market, which supports USD strength.
Continuing Jobless Claims: Higher than expected, showing some lingering unemployment pressure.
Housing Starts: Significantly below expectations, hinting at weakness in real estate.
Building Permits: Surpassed expectations, suggesting future construction remains strong.
Looking ahead to next week, key events will shape price action:
UK S&P Global PMIs: If manufacturing and services figures improve, GBP may gain traction.
US PMIs & Home Sales: Expected to trend lower, possibly weakening USD momentum.
UK Retail Sales (Friday): Anticipated to drop significantly, which could weigh on GBP.
US Michigan Consumer Sentiment: Forecasted to decline, potentially putting USD under pressure.
With these fundamental factors, GBP/USD faces mixed conditions—potential volatility ahead.
Momentum readings show caution for bulls:
Short-term (1-minute to 15-minute) indicators suggest mild consolidation.
The 1-hour and daily charts indicate GBP/USD is overextended compared to historical averages.
Weekly and monthly averages are much lower (~1.27047 and 1.23141), signaling the risk of mean reversion.
Trading Strategy & Considerations
Since I’m already in a sell position, I’m watching support levels closely for profit-taking zones.
If price dips near 1.3100, I might secure partial profits before assessing further downside potential.
I’ll keep an eye on daily EMA (~1.25176) as a deeper support that might act as a turning point.
Technical divergences (such as the Accumulation Distribution Oscillator) hint at distribution pressure, reinforcing my bearish bias.
With all this being said, i'm looking for a new pair to dive deep into. What do you recommend and why? Im all ears! also dont hesitate to reach out id love to talk about forex! :) im in the works of creating a youtube page and maybe a X account. Hope to reach some of you there as well.
p.s i love this shit!
GBPUSD Set To Fall! SELL!
My dear followers,
This is my opinion on the GBPUSD next move:
The asset is approaching an important pivot point 1.3239
Bias - Bearish
Safe Stop Loss - 1.3308
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.3099
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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
GBPUSD in gbpusd today has no expiry so and liquid not shown up side so i expect market now shift in sell side and recently qaurter month changetoo so i trade sell side
GBP/USD Daily AnalysisPrice is in a strong bullish trend.
After 6 bullish candles, we may now see a correction back towards the moving averages as profit taking occurs.
This is just an idea of what may happen. Always trade with a profitable strategy and good risk management.
GBPUSD BUY NOW EVERYONE!!!!!GBPUSD made a pull back into the sell side liquidity trying to firmed a double bottom pattern with a breakouts also on a falling wedge pattern am looking forward for a big spike from here to the buy side 1.32887 is my goal target
JOIN AND ENJOY
I think we are in wave B or 2.FX:GBPUSD With the beginning of the correction, I think we are in wave B or 2.
GBPUSD H4 | Bullish Bounce Off 23.6% FiboBased on the H4 chart analysis, the price is approaching our buy entry level at 1.3163, a pullback support that aligns with the 23.6% Fibonacci retracement.
Our take profit is set at 1.3348, aligning with the 127.2% Fibo extension
The stop loss is placed at 1.3015, a pullback support that aligns close to the 38.2% Fibonacci retracement.
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GU-Tue-15/04/25 TDA-Heavy pullback on GU before continuation?Analysis done directly on the chart
Unpopular facts:
Win rate doesn't matter, in the end it always
comes down to how much you win versus how
much you lose. You can have high win rate
with little profits and one big loss to ruin all.
Regardless of win rate, the better trader you are
the more you profits and the less you lose.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBP/USD.. 30M chart patren..GBP/USD short trade setup summarized clearly:
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Trade Setup:
Pair: GBP/USD
Direction: SELL
Entry: 1.32150
Resistance (Stop-Loss Area): 1.32500
Target 1: 1.31690 (approx. +46 pips)
Target 2: 1.31000 (approx. +115 pips)
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Risk/Reward Analysis (R:R):
Stop-loss: 1.32500 (−35 pips)
Target 1 R:R: ~1.3:1
Target 2 R:R: ~3.3:1
This setup has a solid R:R if price reacts from the 1.32150 level and respects 1.32500 as resistance.
Would you like a quick technical chart analysis or fundamental outlook to back the trade?
GBPUSD buy Break of structure to the upside .We have been on a buy trend .Market moves to respect the Break and retest and now the we gotta go back to our demand to take more orders to the sky
GBPUSD ShortWe have a lot of wicks which indicates slowdown in price and an bearish engulfing, we have an 5m imbalance where my entry is and i can cover the highs with the 10 pip stop.
75% will be taken off at 3RR, rest will go to 8RR asia low or breakeven.
Bullish bounce off overlap support?GBP/USD is falling towards the support level which is an overlap support that aligns with the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.3173
Why we like it:
There is an overlap support level that lines up with the 23.6% Fibonacci retracement.
Stop loss: 1.3105
Why we like it:
There is a pullback support level that is slightly above the 38.2% Fibonacci retracement.
Take profit: 1.3291
Why we like it:
There is a pullback resistance level.
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GBPUSD SHORT FORECAST Q2 W16 D15 Y25GBPUSD SHORT FORECAST Q2 W16 D15 Y25
Morning Traders!
Let's await price action to tap into the weekly order block!
From then on, eyes open for 15' breaks of structure. Ensure that key higher low areas and double doubles for potential longs are broken before looking to short a fairly strong looking pound!
We simply await the pull back into s 15' order block that should be created post bearish move we have spoken of above. Upon the turn around in price action, we can be satisfied the bullish trend has exhaust somewhat.
Let's await the setup. No positions on GBPUSD until the above.
FRGNT X
Riding the GBP/USD Bull: Can This Rally Hold? 4/16 1:16pmI entered long at 1.32274, and as of now, GBP/USD is trading at 1.32280, meaning I’m slightly in profit. Based on price action, the pair is consolidating, but the overall trend bias still suggests a bullish continuation.
Technical Outlook
Support Levels:
1.3225 – This level is very close to my entry and is acting as immediate support. If price holds above this zone, my trade remains valid.
1.3205 – This is a stronger support level where previous buying interest emerged. If GBP/USD dips here, I’ll watch for a potential bounce.
Resistance Levels:
1.3265 – This level has been tested today, and price has struggled to break above it, making it a key short-term barrier. If GBP/USD clears it, bullish momentum could accelerate.
1.3295 – A more significant resistance level where selling pressure has emerged previously. If price reaches this zone, I’ll consider adjusting my position accordingly.
Technical Indicators Confirming Price Action
Relative Strength Index (RSI) on the daily timeframe is hovering around 62, indicating bullish momentum but not extreme overbought conditions.
Moving Averages (like the 20-day EMA) continue to trend upward, supporting the bullish bias.
Stochastic RSI on the 1-hour chart has cooled off slightly, suggesting a potential consolidation phase before another push higher.
Fundamental Considerations
UK Inflation came in weaker than expected (2.6%), which could limit GBP upside.
US Retail Sales beat expectations across the board, signaling strong consumer demand and reinforcing USD strength.
Powell’s speech in a few minutes is a major event—if he is hawkish, USD could gain strength and put downward pressure on GBP/USD.
Trade Strategy
Holding the long position:
As long as GBP/USD holds above 1.3225, I’m comfortable keeping the trade open.
A breakout above 1.3265 could signal the next bullish wave toward 1.3295.
Final Thoughts
Right now, my trade is still in a reasonable position, but the next few hours will be critical, especially with Powell’s speech approaching. If GBP/USD holds 1.3225 and clears 1.3265, my long position could continue to perform well.
GBPUSD is in the Buying Direction after Testing SupportHello 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
GBPUSD: Strong Bullish Market 🇬🇧🇺🇸
GBPUSD set a new daily high today.
The pair remains in a strong bullish momentum since 8th of April.
With the complete absence of high impact fundamentals today, buying pressure
may persist.
I believe that it may continue rising at least to 1.33 - the closest historic resistance.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Potential medium-term trend continuation? If this is the case of a trend continuation, then this current price provides a decent opportunity for a little medium-term swing. We would need to await further sell confirmation for entries. Targets would be the previous swing low at +-1.21000
I will update accordingly.
Market Analysis: GBP/USD Rockets HigherMarket Analysis: GBP/USD Rockets Higher
GBP/USD is gaining pace above the 1.3220 resistance.
Important Takeaways for GBP/USD Analysis Today
- The British Pound is attempting a fresh increase above 1.3220.
- There is a key bullish trend line forming with support near 1.3245 on the hourly chart of GBP/USD at FXOpen.
GBP/USD Technical Analysis
On the hourly chart of GBP/USD at FXOpen, the pair remained well-bid above the 1.2850 level. The British Pound started a decent increase above the 1.3000 zone against the US Dollar.
The bulls were able to push the pair above the 50-hour simple moving average and 1.3150. The pair even climbed above 1.3200 and traded as high as 1.3263. It is now consolidating gains and trading well above the 23.6% Fib retracement level of the upward move from the 1.3030 swing low to the 1.3263 high.
On the upside, the GBP/USD chart indicates that the pair is facing resistance near 1.3260. The next major resistance is near 1.3320. A close above the 1.3320 resistance zone could open the doors for a move toward 1.3450.
Any more gains might send GBP/USD toward 1.3500. On the downside, there is a key support forming near a bullish trend line at 1.3245.
If there is a downside break below 1.3245, the pair could accelerate lower. The next major support is at 1.3145. It is close to the 50% Fib retracement level of the upward move from the 1.3030 swing low to the 1.3263 high.
The next key support is seen near 1.3030, below which the pair could test 1.2860. Any more losses could lead the pair toward the 1.2745 support.
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.
The Day Ahead
Key Economic Data Releases
🇺🇸 U.S.
• March Retail Sales – Consumer spending trend, high market impact.
• Industrial Production & Capacity Utilization – Signals strength of the manufacturing sector.
• April NY Fed Services Index – Regional business activity snapshot.
• NAHB Housing Market Index – Homebuilder sentiment.
• Feb Business Inventories – Impacts GDP revisions.
• Total Net TIC Flows – Foreign capital flows into U.S. assets.
🇨🇳 China
• Q1 GDP – Key for global growth outlook.
• March Industrial Production, Retail Sales, Home Prices, Property Investment – Domestic demand & real estate health.
🇬🇧 UK
• March CPI & RPI, Feb House Price Index – Inflation indicators ahead of BoE moves.
🇯🇵 Japan
• Feb Core Machine Orders – Business capex proxy.
🇮🇹 Italy / 🇪🇺 Eurozone
• Feb Current Account Balances – External demand & capital flow indicators.
🇳🇿 New Zealand
• Q1 CPI – Inflation print crucial for RBNZ rate expectations.
________________________________________
Central Banks
• 🇨🇦 Bank of Canada Rate Decision – Watch for policy tone amid inflation shifts.
• 🇺🇸 Fed Speakers: Powell, Cook, Hammack – Any hints on rate cuts or economic outlook closely watched.
________________________________________
Earnings to Watch
• Tech & Industrials: ASML, Sandvik, Sartorius
• Healthcare: Abbott Laboratories
• Transport & Real Estate: Prologis, CSX
• Financials: US Bancorp, Nordea
• Consumer: Heineken
• Materials: Alcoa
High-impact guidance or surprises could trigger sector moves.
________________________________________
Bond Auctions
• 🇺🇸 US 20-Year Bond Auction – Monitor for demand; impacts yields and USD.
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.
