GBPUSD LongInverted head and shoulder. broke out of resistance trend line within rising channel. Done retesting. should be a long journey to the upside.
GBPUSD trade ideas
Bullish ideaAfter Break of structure, am expecting price to tap on a 50% fib level before pushing to the upside
CAN CHRISTMAS COME EARLY WITH THE GBPUSD1. Overview of GBP/USD
Current Price: 1.2745
GBP/USD shows a short-term uptrend as it recovers from recent lows near 1.2550. It is now approaching key resistance levels.
Trading above the 50 EMA (1.2724) and 200 EMA (1.2685) on intraday timeframes, indicating bullish momentum.
2. Key Observations
Daily Chart
Trend:
Price has rebounded from 1.2550 support and is trending higher.
The 50 EMA is still below the 200 EMA, but price action is showing recovery strength.
RSI: At 55.72, indicating neutral to slightly bullish conditions with room for upward movement.
MACD: A bullish crossover is forming, signaling increasing momentum.
Support and Resistance:
Support: 1.2550 and 1.2700.
Resistance: 1.2770 (immediate), followed by 1.2800–1.2900.
4-Hour Chart
Trend:
Price is above the 50 EMA (1.2723) and 200 EMA (1.2687), confirming short-term bullish control.
Bullish consolidation around 1.2700–1.2745, with a breakout possible.
RSI: 71.15, nearing overbought territory, suggesting caution for aggressive buys.
MACD: Positive momentum continues, though the histogram shows slight weakening.
15-Minute Chart
Trend:
Intraday charts show a consistent upward trajectory, with higher highs and higher lows.
Both EMAs are aligned below the price, confirming bullish bias.
RSI: Between 65-70, indicating momentum but nearing overbought conditions.
Support and Resistance:
Support: 1.2700.
Resistance : 1.2770–1.2800.
3. Trading Recommendation
Bullish Scenario (Buy)
Rationale: The trend is bullish, with price above key EMAs and forming higher highs/lows.
Entry:
Buy on pullbacks to 1.2700–1.2720.
Alternatively, buy on a confirmed breakout above 1.2770.
Take-Profit Levels:
Target 1: 1.2800 (psychological resistance).
Target 2: 1.2900 (next major resistance).
Stop Loss:
Place a stop below 1.2680, below the 200 EMA.
Bearish Scenario (Sell)
Rationale: Overbought RSI on intraday timeframes and key resistance at 1.2770–1.2800 may trigger a pullback.
Entry:
Sell near 1.2770–1.2800 if price shows rejection (e.g., bearish candlestick patterns or wicks).
Alternatively, sell if price breaks below 1.2700 with strong momentum.
Take-Profit Levels:
Target 1: 1.2650 (recent support zone).
Target 2: 1.2550 (major support zone).
Stop Loss:
Place a stop above 1.2815 to protect against a breakout continuation.
4. Key Levels to Monitor
Key Levels Action
1.2770–1.2800 (Resistance) Look for breakout (buy) or rejection (sell).
1.2700 (Support) Buy on pullbacks or watch for a breakdown to sell.
1.2550 (Major Support) Strong support zone for buyers.
5. Final Recommendation
Bias: Bullish unless the price fails to break resistance.
Preferred Trade:
Buy near 1.2700–1.2720 or above 1.2770 for continuation.
Sell only if rejection occurs at 1.2770–1.2800 or price breaks below 1.2700.
GBPUSD- LONG- 100 Percent TP1 will hit ANALYSIS Bullish Indicators:
1- HH and HL
2- Inverse head and shoulder completed
3- Formation of Bullish Continuation pattern
4- Formation of Bearish Harmonic Pattern
4- Market break strong support level of fib level of 0.5 coinciding with manual support 1.27416
5. Market has also tested trend line support
6. Market shall project to the level of 1.29546 as per harmonic, inv head and shoulder
British pound rises as UK Construction PMI jumpsThe British pound has extended its gains for a third straight trading day. In the North American session, GBP/USD is trading at 1.2757, up 0.45% on the day.
The UK Construction sector rose to 55.2 in November, up from 54.3 in October and above the market estimate of 53.4. This indicates strong expansion but the report contained mixed figures. Commercial work sparkled as it jumped to its highest level in 2.5 years. On the other side of the coin, residential work fell to its lowest level since June, as home-building was been dampened by high interest rates and weak consumer confidence. The UK economy is fragile, with a stagnant services sector and manufacturing in contraction mode.
The Bank of England has joined the easing cycle and has lowered rates twice this year, with the last cut in November. The BoE meets on Dec. 19 and is widely expected to hold the cash rate at 4.75%.
The markets have priced in three rate cuts in 2025 and there was some surprise when BoE Governor Bailey hinted on Wednesday that the central bank was looking at four rate cuts if the BoE’s inflation projections proved correct. Bailey noted that inflation had fallen one percent lower than the BoE forecasted a year ago. Bailey’s optimistic stance on inflation means that the BoE could be aggressive in its rate-cutting cycle in 2025.
With US inflation largely contained, the nonfarm payroll release has again become one of the most significant economic releases on the calendar. The November report is expected to rise to a respectable 200 thousand, after a weak gain of 12 thousand in October, which was driven downwards by hurricanes and work stoppages at Boeing.
GBP/USD tested resistance at 1.2737 earlier. The next resistance line is 1.2775
1.2684 and 1.2646 are the next support levels
GBPUSD Wholesale LevelsFX:GBPUSD When I say I like buying wholesale this is a great example... holding FX:GBPUSD
Wholesale area: 1.24875 - 1.27146
Retail Area: 1.32487 - 1.34343
Golden Ratio: 1.40194
A POSSIBLE SELL ON GBPUSD?I see there could be a possible collapse in price from the current price as price recently lost a guy momentum. A sell opportunity is envisaged from the current price. Target is weekly low!
GBPUSD 1HR CHART UPDATEThe GBP/USD pair shows signs of potential downward movement, with market trends suggesting increased selling pressure and the possibility of further declines ahead...
GBPUSD is BullishPrice was in a strong down trend, however a bullish divergence appeared on 4H timeframe which led to the break of descending trendline. Moreover, an inverse head and shoulder is also completed, indicating the control of bulls. Further. a higher high followed by a higher low is a confirmation of a bullish reversal as per Dow theory. Targets are mentioned on the chart.
GBPUSD LONG2nd chance!!!
Market structure BULLISH on HTFs DH
Entry at both Daily and Weekly AOi
Weekly Rejection at AOi
DAily Rejection at AOi
Previous Structure point Daily
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 6.08
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
GU Longshit this GU TP a little earlier today, with 30 pips TP and 10 pip SL.
If u want to learn how to trade message me.
Is GBPUSD Setting Up for a Buy Opportunity?👀 👉 GBPUSD has shown impressive momentum, rebounding strongly from a key support level. The big question is—what’s next? I’m keeping a close eye on the price action, watching for a potential buy setup if the price continues to push higher from this level. Patience is essential, as waiting for confirmation can be the key to consistent results. 📢 *Disclaimer: This content is for educational purposes only and does not constitute financial advice.
GBPUSD - Bullish ReversalGBPUSD has formed a bullish divergence and an inverted head and shoulders pattern. Buy on break of neckline.
GBP/USD Primed for a Breakout: Bullish Momentum Ahead!The GBP/USD currency pair is forming a strong ascending triangle pattern on the 4-hour chart, signaling a potential bullish breakout. With bullish sentiment dominating on multiple timeframes (5M to Weekly), and momentum indicators showing strength, I anticipate a surge beyond the 1.2800 resistance level. If confirmed, this move could open doors for a rally toward 1.2900 and beyond. Keep an eye on the breakout zone and manage your risk accordingly!
Follow for more
Daily Analysis of GBP to USD – Issue 163The analyst forecasts a rise in the rate of GBP/USD within the next 24 hours. This prediction is based on a quantitative analysis of recent price trends
GBPUSD to find bears at current market price?GBPUSD - 24h expiry
The primary trend remains bearish.
The rally is close to a correction count on the intraday chart.
Risk/Reward would be poor to call a sell from current levels.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 1.2735.
We look to Sell at 1.2735 (stop at 1.2765)
Our profit targets will be 1.2645 and 1.2620
Resistance: 1.2750 / 1.2780 / 1.2800
Support: 1.2660 / 1.2630 / 1.2600
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
GBPUSD: Bears Will Push
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPUSD chart which, if analyzed properly, clearly points in the downward direction.
❤️ Please, support our work with like & comment! ❤️
GBPUSD short movePrice had broken our support level and hence price cloud continuing to move downward.
GBP/USD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP/USD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.248 area.
✅LIKE AND COMMENT MY IDEAS✅
GBPUSD Analysis - Bearish - Trade 031. Seasonality
The GBP is range-bound during the first week of December, while the USD exhibits bearish momentum. This suggests a neutral to slightly bullish outlook for GBPUSD based on seasonality.
2. COT Report
The GBP's COT RSI is also range-bound, indicating no strong directional bias.
3. Fundamental Analysis
LEI
The GBP Leading Economic Indicator (LEI) is decreasing, while the USD LEI is increasing. Global LEI is also rising, favoring USD strength and suggesting bearish pressure on GBPUSD.
Endogenous Factors
GBP endogenous factors are signaling a sell, adding to the bearish sentiment for GBPUSD.
Exogenous Factors
Exogenous indicators for GBPUSD are also showing a decrease, further supporting a bearish outlook.
4. Technical Analysis
GBPUSD is forming an ABCD pattern and is currently moving toward point D. The 0.5 Fibonacci retracement level at point C is also coinciding with a 4-hour resistance, suggesting a potential reversal or slowdown at that level.
Bias
The combined analysis suggests a bearish bias for GBPUSD, with the 0.5 Fibonacci level and 4-hour resistance offering a critical point to consider for potential short entry.
Trade Plan:
Entry: 1.26520
SL: 1.27273
TP: 1.25769
