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British Pound / U.S. Dollar

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GBPUSD trade ideas

BEST PRICE TO SHORT GU - GBPUSD SHORT FORECAST W21 D21 Y25 GBPUSD SHORT FORECAST Q2 W21 D21 Y25 BEST PRICE TO SHORT GBPUSD Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Weekly order block rejection ✅Daily order block rejection ✅Intraday 15' order blocks ✅Tokyo ranges to be filled 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
Current GBPUSD 15m Short Position AnalysisResistance Level / Supply Zone: Price has previously reached the upper bound (around 1.34000), tested it multiple times, and was rejected — indicating a resistance zone. The latest candle appears to be forming a rejection wick, suggesting failure to break above that resistance. Trend / Price Action Context: Price has been oscillating in a range-bound or consolidation pattern between roughly 1.33400 and 1.34000. The trader likely anticipates a mean reversion or continuation of the range movement back toward support. Entry Timing: The trade is entered just below resistance, anticipating a reversal before it breaks out. This is a counter-trend trade unless it’s part of a larger time frame downtrend (not visible on this chart). Risk-Reward Ratio: Stop Loss: ~21 pips (from 1.33793 to 1.34000). Take Profit: ~44 pips (down to ~1.33350). This yields a reward-to-risk ratio of roughly 2:1, which is favorable.
Short
by jayrollings
GBP/USD Breaks Key Resistance Zone – Bullish OutlookGBP/USD has broken above a long-standing resistance zone on the weekly chart, signaling a potential shift in long-term trend. This breakout aligns with a strong rising trendline that has held firm for months, showing growing bullish momentum. If price continues to hold above the breakout level, the market could be setting up for a sustained upward move. A successful retest of the breakout zone would further confirm bullish continuation. The structure looks healthy, and the momentum is clearly on the buyer’s side. DYOR, NFA Thanks for following along — stay tuned for more updates!
Long
by unichartz
GBP/USD Bearish Setup Analysis GBP/USD Bearish Setup Analysis GBP/USD appears poised for a bearish move, following signs of a completed corrective structure observed a few days ago. The pair had shown a temporary recovery, but recent price action suggests that this correction may now be over, increasing the likelihood of a larger decline. While the exact catalyst for the move is still uncertain, the technical setup looks promising. This could potentially trigger a liquidity release, especially if key support levels are broken with momentum. Key downside targets: 1.3400 1.3252 you may find more details in the chart P Support with like and comments for better analysis.
Short
by MrMartin_11
1
Consolidation ahead of the next bullish rallyThe GBP/USD exchange rate has edged lower below the three-year high of 1.3592 set in May. To sustain the upward momentum, prices need to decisively close above the resistance line of 1.3597 since July 2023 (which capped gains last week). A breakthrough above the key resistance zone of 1.3658 could trigger a stronger rally, targeting the 2022 high of 1.3747. Further breakthroughs may shift market focus to the upward trendline (around 1.3865). Technically, short-term risks remain biased to the upside, supported by the rebound of the stochastic oscillator. Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term. Trading Strategy: buy@1.3490-1.3500 TP:1.3550-1.3600
Long
by Ashbur
Sterling Strengthens Amid BoE and NFP FocusOn Tuesday, June 3, 2025, GBP/USD traded near 1.3530 as the British pound strengthened, supported by U.S. dollar weakness driven by soft economic data and trade tensions. The outlook for the UK economy remained relatively upbeat. Markets now focus on the upcoming U.S. non-farm payroll report and any signals from the Bank of England. A potential BoE rate cut could pressure the pound, while continued weak U.S. data may weigh on the dollar. The first critical support for gold is seen at 1.3425 and the first resistance is located at 1.3600.
by ChartMage
Fundamental Market Analysis for June 3, 2025 GBPUSDThe GBP/USD pair attracted sellers during Tuesday's Asian session and broke part of a strong overnight move up towards the 1.3560 area, or multi-day peak. The U.S. Dollar Index (DXY), which tracks the dollar against a basket of currencies, rebounded from a six-week low reached on Monday and proved to be a key factor putting downward pressure on the GBP/USD pair. In addition, concerns over the deteriorating US fiscal situation and renewed trade tensions between the US and China should help limit USD gains. The British Pound (GBP), on the other hand, may continue to receive support from expectations that the Bank of England (BoE) will take a pause at its next meeting on June 18 and will not rush to cut interest rates further. Traders may also prefer to wait for the hearing of the Bank of England's monetary policy report in Parliament. Investors will be closely watching comments from Bank of England Governor Andrew Bailey and other members of the Monetary Policy Committee (MPC) for information on the policy outlook, which in turn will influence the GBP exchange rate. Trading recommendation: SELL 1.3495, SL 1.3595, TP 1.3295
Short
by Fresh-Forexcast2004
GBP/USD 4-Hour Technical & Fundamental AnalysisGBP/USD 4-Hour Technical & Fundamental Analysis GBP/USD has pushed to a new multi-year high, breaking above key resistance as both technical and fundamental drivers favor the British Pound. The 4-hour chart reveals a strong bullish structure, with a sequence of Higher Lows and Higher Highs, signaling trend continuation amid smart money accumulation. Price decisively broke above the major resistance at 1.34300, which now acts as structural support. Following the breakout, GBP/USD retested the level and consolidated above 1.3500, forming an accumulation zone. A liquidity hunt below minor intraday lows could provide a refined long opportunity, aligning with bullish momentum. If price dips into the liquidity zone and reacts with bullish confirmation, the pair is likely to resume its upward trajectory, offering an attractive long setup with solid risk-reward potential. 📊 Trade Setup 📍 Area of Interest (AOI): 1.35260 (Buy Limit) 🛡 Stop-Loss: 1.34420 (Below support/liquidity pocket) 🎯 Take Profit: 1.37370 (Next major resistance / 1:2 RR) This setup aligns with institutional bullish flow and offers a roadmap for catching the next impulsive leg to the upside. 📰 Fundamental Outlook 🇬🇧 GBP Strength vs 🇺🇸 USD Weakness British Pound Strengthening: UK Manufacturing: Contracted less than expected in May. Housing Market: House prices rose 3.5% YoY, signaling strong domestic demand. Bank of England Outlook: Markets expect rates to remain unchanged at the June 18 meeting after the recent 0.25% rate cut, showing a cautious but steady approach. U.S. Dollar Under Pressure: Manufacturing Slowdown: ISM Manufacturing Index dropped to 48.5, marking the 4th consecutive contraction — below the 50.0 threshold. Trade Tensions: U.S. tariffs on steel and aluminum doubled to 50%, triggering renewed concerns. Fiscal Concerns: Rising U.S. debt and unclear fiscal direction are weighing on USD. Labor Market Weakness: Today’s JOLTS Job Openings report came in at 7.11M, down from 7.19M, suggesting cooling demand in the labor market. 📌 Disclaimer: This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
Long
by RebornFXTrader
BUY OPPORTUNITYGBP/USD Trade Entry: 1.35229 Take Profit (TP): 1.35545 Stop Loss (SL): 1.35144 Risk-Reward Ratio: 1:3 Technical Analysis Price Action: The GBP/USD pair is currently trading within a tight range between 1.35160 (support) and 1.35582 (resistance) on the 15-minute timeframe. Price has shown multiple touches on both ends of this range, indicating a consolidation phase where neither buyers nor sellers have taken control. ADX Indicator: The Average Directional Index (ADX) is hovering around 10, which signals very weak trend strength and confirms the current consolidation. This means the market lacks clear momentum to break out decisively in either direction, increasing the probability of price continuing to oscillate within this range in the short term. Oscillators & Momentum: With weak ADX and price stuck within the range, momentum indicators suggest limited directional bias. This setup is ideal for a mean reversion or range trading strategy, where the price is expected to bounce between support and resistance.
by GODOCM