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GBPUSD trade ideas

GBP/USD Bearish Setup – FVG Retracement to Target Liquidity ZoneThis chart shows a bearish price setup for GBP/USD on the 1-hour timeframe, with smart money concepts, key EMAs, and a clear projection of price movement. 🔍 Technical Analysis Breakdown 1. Price Context Current Price: 1.28987 Trend: Price has broken market structure to the downside, suggesting a potential shift from bullish to bearish. Key Indicator Levels: EMA 30 (Red): 1.29948 – now acting as dynamic resistance. EMA 200 (Blue): 1.29760 – another strong resistance level just above. 📌 Key Zones Identified 🔵 Fair Value Gap (FVG) – Supply Zone Location: Between ~1.29760 and 1.30172 Significance: This is a potential liquidity zone where institutions might offload positions. Plan: Price is expected to retrace up into this FVG before continuing lower. 🔻 Target Zone – Demand Area Location: Around 1.27396 Labeled: “target point EA” Significance: This area is projected as the final bearish target, likely aligning with equal lows or liquidity zones. CHoCH (Change of Character) Visible at the structure break, confirming bearish intent and a shift in momentum. 🧠 Projected Price Action (In Blue Arrows) A potential retracement to the FVG zone. Rejection from this zone. Continuation to the downside through intermediate pullbacks. Final target at 1.27396. 🛠️ Trade Idea Summary Sell Setup: Entry Zone: 1.29760–1.30172 (FVG) Target: 1.27396 Stop-Loss: Above 1.30172 (safely outside the FVG) 🧾 Conclusion This setup aligns with smart money principles — a CHoCH followed by a retracement into an FVG, with downside continuation into a liquidity target zone. The EMAs support the bearish thesis, offering confluence for rejection.
Short
by EA_GOLD_MAN_COPY_TRADE
GBP/USD: The Make-Or-Break Zone”GBP/USD is showing strong bullish momentum, pushing toward the key resistance zone between 1.33000–1.36000. However, a short-term correction may occur before the next leg higher. Key Levels: Support Zone: 1.27983 Resistance Zone (Target): 1.33000–1.36000 Invalidation Level of Bullish Trend: 1.22544 Bearish Scenario: If 1.22544 breaks, eyes on 1.13843 The structure supports bullish continuation unless price breaks below 1.22544. Stay patient and look for clean entries post-correction.
by Greenfireforex
Cable erases most post-tariff gainsCable reached six-month intraday highs even above $1.32 on 3 April after the American government announced sweeping new tariffs and panicked many investors and traders. Now, though, most of these have been reversed after an unusually better than expected job report from the USA. Politically, sterling seems to be among the less vulnerable currencies now since the UK was hit by only 10% new tariffs and hasn’t responded with any on the USA amid the Prime Minister’s call for ‘cool and calm heads’. The obvious interpretation of the chart is an extreme head and shoulders, which would suggest another bout of significant losses to come around the end of April or early May. That’s questionable now because the fundamental situation is so heated. Given the strength of the pullback from $1.32, a sustained break above there in the near future looks unlikely. $1.28 is the area of the 200 SMA and likely to be an important support, but the price might halt above there at least temporarily around the lower part of the range from March. As for gold, traders are looking ahead to American inflation on 10 April. Here though British GDP, trade and industrial data are also in focus on Friday 11 April. This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.
by Michael_Stark_Exness
GBPUSDHello, traders Cable is making a very nice and strong extension higher on the 4-hour time frame, so it appears to be impulsive. We should be aware of further upside, especially as the market has broken out of a base channel, which typically happens within wave three of three. In fact price is now even higher after a triangle in wave four so wave 5 of red (3) is in progress as expected, but it can target 1.32, so be aware of a new red higher degree wave (4) correction before the bullish trend for wave (5) resumes. Ideal support is at 1.29 – 1.28 area.
by CecaRockefeller
GBPUSD Short Term Buy IdeaM15 - Strong bullish momentum No opposite signs Expecting retraces and further continuation higher until the two Fibonacci support zones hold. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 -------------------------------------------------------------------------------------------------------------------- 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 VladimirRibakov
Trading GBPUSD | Judas Swing Strategy 25/03/2025We had a good trading session with the Judas Swing Strategy two weeks ago, as the strategy delivered 3 solid setups, 2 on FX:EURUSD and 1 on $GBPUSD. And guess what? All three hit their targets! That’s a massive 6% gain for the week! And with these impressive results we wanted to see how the strategy will perform last week. The strategy did not produce any setups on the currency pair we monitor ( FX:EURUSD , FX:GBPUSD , FX:AUDUSD , OANDA:NZDUSD ) on Monday 24th March and instead of forcing setups like other traders would we sat that day out. Why was this possible? we had backtested the strategy and had enough data to prove that when we stick to this strategy long term we'd be in putting ourselves in a profitable position. On Tuesday, we returned to the trading desk, scouting for setups, when we noticed a potential opportunity on $GBPUSD. The currency pair had swept liquidity at the high of our zone, signaling a possible shift in direction. We then shifted our focus to selling opportunities for the session. Our strategy required waiting for a break of structure to the downside, followed by a retracement into the FVG before executing a trade After waiting for an hour and 15 minutes, we finally got the break of structure to the downside. The only step left was a retrace into the FVG. After some patience, the retrace materialized, meeting all the criteria on our entry checklist. We executed the trade, risking 1% of our account with a target return of 2% Trade Details: Entry: 1.29513 Stop Loss: 1.29611 Take Profit: 1.29311 After entering the trade, price consolidated around our entry point for a while, showing no clear direction. However, we remained unfazed, trusting our well-backtested strategy, which has a 50% win rate. With a 1:2 risk-reward ratio, we know that consistently following our strategy will yield profits in the long run. Since we had risked only what we could afford to lose, the slow price movement didn’t shake our confidence Unfortunately, this trade didn’t go in our favor and ended up hitting our stop loss. This serves as a reminder that not every trade will reach take profit and that’s perfectly okay. Losses are an inevitable part of trading, but what truly matters is maintaining a solid risk management strategy, sticking to a proven system, and thinking long-term. As traders, our edge comes not from winning every trade, but from executing consistently and letting probabilities play out over time
by CleoFinance
GBPUSD INTRADAY breakout higher supported at 1.3050Trend Overview The GBP/USD currency pair maintains a bullish trend, with recent price action confirming a breakout above the previous consolidation zone. Key Levels & Scenarios Support: 1.3050 (previous consolidation range) A bullish bounce from this level could sustain the rally. Upside targets: 1.3240, followed by 1.3270 and 1.3300 over the longer term. Bearish Breakdown Scenario: A daily close below 1.3050 would invalidate the bullish outlook. Downside targets: 1.3010, followed by 1.2960 and 1.2910. Indicators & Market Sentiment Momentum indicators support the bullish bias, but price action needs to hold above 1.3050. Volume confirms buying interest, reinforcing the breakout potential. Conclusion As long as 1.3050 holds as support, GBP/USD remains in a bullish structure, targeting 1.3240 and beyond. A break below 1.3050 would shift the focus toward 1.3010 and lower retracement levels. 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