GBPUSD trade ideas
GBPUSD Forecast: Double Top or Flat?In contrast to EURUSD, the GBPUSD chart reflects a double top or flat rather than a head-and-shoulders pattern. However, unlike DXY and EURUSD, GBPUSD hasn’t broken below its neckline, maintaining a bullish bias as RSI continues to show positive momentum.
• Upside Scenario : If the pair breaks above the 1.3345 high, the next targets are 1.3380, 1.3400, 1.3440, and 1.3500, in the direction of the duplicated channel confirming the possible consolidation as a flat.
• Downside Scenario : A break below the neckline and 1.3200 support could trigger a decline toward 1.3080, confirming a double top formation on the pair.
Volatility catalysts for this week range between the FOMC Outlook and BOE Meeting, between Wednesday and Thursday, following their respective rate decisions
Written by Razan Hilal, CMT
GBPUSD 4h technical idea🔍 GBP/USD 4H Chart Analysis (May 5, 2025)
🧠 Technical Overview:
Market Structure:
Price is ranging between 1.32500 (support) and 1.34584 (resistance).
Currently sitting near mid-range, around 1.33186, attempting to break above a minor structure.
Trade Setup Observed:
Long Position marked:
Entry: ~1.33182
Stop-Loss: 1.32324
Take-Profit: 1.34489 / 1.34584
Risk-to-Reward: ~1:2 — favorable for intraday/swing trading.
Contextual Clues:
The prior consolidation and failed breakdowns near 1.32500 signal strong demand at that level.
Price is creating higher lows suggesting bullish intent.
Current bullish candle is breaking a short-term resistance — a potential trigger candle.
🔍 Bias: Bullish (Short-Term)
Why?
Strong reaction off key support (1.32500).
Bullish engulfing breakout attempt.
Consolidation breakout setups in play.
🧨 Key Levels to Watch:
Support:
1.32500
1.32324 (SL region)
Resistance:
1.34489 – Intraday TP zone
1.34584 – Strong daily resistance
📈 Trade Idea Summary:
Buy GBP/USD if the current bullish momentum sustains above 1.3318.
Confirmation above 1.3340 may attract more buyers.
Protect downside below 1.3232.
GBPUSD Sell AreaHello everyone, we got a potential sell zone around this zone for GBPUSD.
HTF Trends (D & W) indicate a bearish trend and it does seem like GBPUSD might be seeking to take out liquidity before continuing its move.
For my entry confirmation I will be looking out for rejection and see if we can get any clear patterns.
I expect the move to happen at most late during new york session.
Let me know your thoughts!
GBPUSD Week 19 Swing Zone/LevelsHope y'all had a good weekend with your profits.
This week we go into a slight variation of our winning strategy and ask the question:
what if Retracement is not fixed at the Fib levels but dynamic?
And so whilst keeping the zone and primary values of 279/721, we mark 2 levels and the predicted price reaction around them.
As Always price action determines trades
GBPUSD The second trade of the day comes from the GBPUSD pair.
Even though I'm not a big fan of this pair, I believe it's worth taking advantage of the signal.
However, for this pair, I recommend slightly reducing your lot size and overall risk.
🔍 Criteria:
✔️ Timeframe: 15M
✔️ Risk-to-Reward Ratio: 1:3
✔️ Trade Direction: Buy
✔️ Entry Price: 1.32793
✔️ Take Profit: 1.33054
✔️ Stop Loss: 1.32706
🔔 Disclaimer: This is not financial advice. It's a trade I’m taking based on my own system, shared purely for educational purposes.
📌 If you're also interested in systematic and data-driven trading strategies:
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GU-Mon-5/05/25 TDA-Slowly approaching to daily support 1.32496Analysis done directly on the chart
Fed and BoE rate decision this week affecting
heavily on GU and other dollar and gbp related pairs.
Trade safe, stay informed with basic economic calendar
check. I personally use FXstreet economic calendar.
You can be very good at technical analysis but without
fundamental understanding you'll likely get a lot of stop
losses.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
Fundamental Market Analysis for May 6, 2025 GBPUSDGBPUSD:
The GBP/USD pair started the new week on a subdued note and is fluctuating in a narrow trading range around 1.3260-1.3265, near the one-week low reached during the Asian session.
The US Dollar (USD) remains on the defensive below multi-week highs amid heightened economic uncertainty amid US President Donald Trump's tariff plans and is a key supportive factor for the GBP/USD pair. Furthermore, the prospect of more aggressive policy easing by the Federal Reserve (Fed) is further undermining the US Dollar.
Despite a better than expected US non-farm payrolls report on Friday, investors seem convinced that the US central bank will resume its rate-cutting cycle in June and reduce borrowing costs by 100 basis points by the end of this year. This, along with optimism about a potential de-escalation of the trade war between the US and China, is reducing demand for the safe-haven dollar.
However, traders seem reluctant to make new bullish bets on GBP/USD and prefer to wait for this week's key event - the Bank of England's (BoE) monetary policy meeting on Thursday. The UK central bank is expected to cut interest rates by 25bps and take a somewhat soft stance amid downside risks to growth from the trade war.
In addition, this week traders will face the publication of the FOMC meeting minutes, which will affect the USD price dynamics and give a meaningful impetus to the GBP/USD pair.
Trading recomendation: SELL 1.3280, SL 1.3290, TP 1.3180
GBPUSD SHORT FORECAST Q2 W19 D5 Y25GBPUSD SHORT FORECAST Q2 W19 D5 Y25
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
It’s Sunday and I shouldn’t be trading but Its going downConfluences on the chart , but I believe this pair is going down. It was quite bearish last week but let’s see. I shouldn’t even be trading on a Sunday , shame on me but if it’s burns me I learn from it , if it hits profit lol I learn from it lol let’s see good folks.
GBPUSD:Sharing of the Latest Trading StrategyThis week’s trading wrapped up successfully. Our exclusive VIP trading signals achieved a 90% accuracy rate!👉👉👉
This week, the exchange rate of the GBPUSD was quoted at 1.3265, dropping by 0.1054% compared to the previous trading day. Technically, focus on the resistance near 1.3329 at the upper side and the support near 1.3260 at the lower side. One can consider placing small long positions near the support level. Meanwhile, pay attention to the impact of economic data of the UK and the US as well as their monetary policies on the exchange rate.
Trading Strategy:
buy@1.3240-1.32500
TP:1.3380-1.3420
The signals in the Signature have brought about continuous profits, and accurate signals are shared every day. Hurry up and click to get them!
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