GBPUSD trade ideas
GBP/USD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are targeting the 1.342 level area with our short trade on GBP/USD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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BUY SETUP FOR GBPUSDGU is on an overall uptrend with a daily retest. When I went down to a lower timeframe from the daily retest, I found the sequenced that caused a CHOCH. Wait for retest in one of those zones before buying to my blue line. If price breaks and closes below the last lower low, that will potentially cause a continuation to the downside.
GBPUSD: Your Trading Plan For Today ExplainedThe GBPUSD is currently consolidating at a solid intraday/daily support level.
To enter a buy position with confirmation, it's advisable to wait for a breakout on the 4-hour chart.
A breakout followed by a 4-hour candle closing above the horizontal resistance will serve as a strong bullish signal, with a target of 1.3558.
Conversely, if the price makes a new lower low on the 4-hour chart, this setup will be considered invalid.
DeGRAM | GBPUSD reached the resistance level📊 Technical Analysis
● Price rejected the rising-channel base at 1.3434 (green arrows) and has broken the eight-day corrective down-trend, restoring the series of higher-lows.
● A new impulse is aiming at the mid-June swing/ channel crest 1.3592; a measured move from the breakout projects the upper rail near 1.3773. Pull-backs toward 1.3500-1.3520 should attract bids while the inner up-sloper holds.
💡 Fundamental Analysis
● Softer US PMI prices pulled 2-yr Treasury yields off highs, trimming USD support, while UK retail-sales surprise (+0.7 % m/m) tempered BoE-cut bets, underpinning sterling.
✨ Summary
Long 1.3500-1.3520; hold above 1.3592 targets 1.3770. Invalidate on a 4 h close below 1.3434.
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The bearish wave recovery ends and a new bullish wave begins✏️ OANDA:GBPUSD After a long downtrend that touched the important support zone of 1.138 GBPUSD has recovered to the upside. The h4 candle has just closed above the accumulation zone of 1.345 to continue the upward momentum towards the peak of 1.367. The price line also created a trendline supporting the main uptrend of the pair, and the price line can follow the uptrend to the Target.
📉 Key Levels
Support: 1.345 - 1.338
Resistance: 1.360-1.367
Buy Trigger: Rejects above 1.345
Buy zone: 1.348-1.345
Target 1.367
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Raid to the Buyside Liquidity [GBPUSD]Looking at the left side, we see a recent sell-side liquidity sweep . Following, is a strong upward movement, resulting in a market structure shift . Price retraces back to the unmitigated demand zone, to mitigate it for an execution of a Buy position. Target is the buyside liquidity
GBPUSD h4 big downhe resistance at 1.36554 may be weak due to:
Multiple taps already
Reduced seller interest
A breakout above this zone could trigger short covering → sharp rally
✅ 2. Higher Low Structure
Recent low at 1.35475 held strong
Current consolidation appears like a bullish flag or accumulation range
Could indicate continuation, not rejection
GBPUSD SELL IDEA Fakeout Reversal Setup
If price dips into the support at 1.35475 again, it might:
Trap breakout traders
Reverse and form a new impulse leg upward
Target = 1.3700–1.3750 zone
Disruption Path: Bullish Breakout
Minor dip or tight range around current price
Break and hold above 1.3655
Acceleration toward 1.3700–1.3750
Disruption Invalidation
A strong close below 1.3540 with volume
GBP/USD (4H time frame).GBP/USD (4H time frame)
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📉 GBP/USD Trade Setup – 4H Analysis
Price has broken below a key trendline and horizontal support zone. Current structure shows bearish momentum with clean downside targets.
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🔻 Sell Opportunity
Entry: 1.34000 (below broken support retest)
Target 1: 1.32000
Target 2: 1.29000
Stop Loss: 1.35200 (above resistance zone and cloud)
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📌 Analysis Notes:
Price is trading below both the trendline and Ichimoku cloud – strong bearish confirmation.
Retest of broken support/resistance zone has already occurred.
GBPUSD Short, 21 JulyShort-Term Bearish Bias Despite HTF OB
Even though we sit at a Daily Orderblock (Buy), LTF structure remains bearish, and price respects both D/4H EMA.
📉 Confluence:
Multiple Asia lows unfilled
Clear snap of recent lows
Gap on DXY still open
DXY lacks perfect structure but aligns with 4H EMA and gaps = possible short-term drop
On GU 15m Extreme OB in play
🎯 Entry: Waiting for 1m BOS to confirm sellers stepping in
🛡️ SL: Slight risk, can’t fully cover highs with a 10 pip stop
📌 TP: Focused on completing Asia lows with 1:3 RR target minimum
Market Analysis: GBP/USD Dips FurtherMarket Analysis: GBP/USD Dips Further
GBP/USD started a downside correction from the 1.3620 zone.
Important Takeaways for GBP/USD Analysis Today
- The British Pound started a fresh decline and settled below the 1.3500 zone.
- There is a connecting bullish trend line forming with support at 1.3415 on the hourly chart of GBP/USD at FXOpen.
GBP/USD Technical Analysis
On the hourly chart of GBP/USD at FXOpen, the pair struggled above the 1.3600 zone. The British Pound started a fresh decline below the 1.3550 pivot level against the US Dollar, as discussed in the previous analysis.
The pair dipped below the 1.3500 and 1.3450 levels. A low was formed at 1.3364 and the pair is now consolidating losses. On the upside, it is facing resistance near the 1.3475 level. The next key resistance is near 1.3490 and the 50% Fib retracement level of the downward move from the 1.3619 swing high to the 1.3364 low.
An upside break above the 1.3490 zone could send the pair toward 1.3520 and the 61.8% Fib retracement level.
More gains might open the doors for a test of 1.3620. If there is another decline, the pair could find support near the 1.3415 level and a connecting bullish trend line. The first major support sits near the 1.3365 zone.
The next major support is 1.3350. If there is a break below 1.3350, the pair could extend the decline. The next key support is near the 1.3320 level. Any more losses might call for a test of 1.3250.
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GBPUSD is Bearish! Look for Sells!Welcome back to the Weekly Forex Forecast for the week of July 21-25th.
In this video, we will analyze the following FX market:
GBPUSD
Expecting the USD to continue to push higher, which would further drag the EURO down. Look to take advantage of this dynamic and wait for sell setups!
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I do not provide personal investment advice and I am not a qualified licensed investment advisor.
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Lingrid | GBPUSD buying Opportunity from the Demand ZoneFX:GBPUSD is rebounding from the 1.3390 support level after completing a triangle breakdown and retesting the lower support zone. A potential double-bottom pattern is forming near the key support area, signaling a short-term bullish reversal. If bulls reclaim the descending blue trendline, momentum could drive price back toward the 1.3550 resistance level. This retracement would mark a corrective phase within the larger structure, offering an upside opportunity.
📉 Key Levels
Buy trigger: bullish rejection from 1.3390 with recovery above 1.3440
Buy zone: 1.3390–1.3440 (demand and bounce structure)
Target: 1.3550
Invalidation: 4H candle close below 1.3390 support breaks bullish setup
💡 Risks
Failure to break above trendline could result in further consolidation
Macroeconomic news may override technical rebound
Downtrend pressure remains unless higher lows are confirmed
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