Get started

British Pound / U.S. Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

GBPUSD trade ideas

LONDON BREAKOUTLondon Breakout Strategy – GBP/USD In this setup, I defined a price range based on the high and low between 04:00 to 06:00 UTC, just before the London session opens. This range forms a pre-London consolidation box. Entry (Buy): 1.35686 – Entered as the London session opened and price showed bullish momentum. Stop Loss (SL): 1.35490 – Set just below the low of the 4–6 UTC range. Take Profit (TP): 1.35980 – Calculated using a 1.5x risk-to-reward ratio based on the SL distance. This strategy aims to catch early London volatility by entering on a breakout with a clear predefined risk and reward setup. Feel free to comment and share your ideas
Long
by alisardari
How should GBP bulls prepare for battle?The GBP/USD came under pressure during the North American session, trading near 1.353. The market is digesting a series of upcoming UK domestic data and global macro risk events, with overall volatility likely to increase. The recent high of 1.3616 forms a short-term resistance, while the 1.3500 level below serves as a key support zone. Short-term bulls need to hold the 1.3500 support band. If the price rebounds without breaking this level and can break above the 1.3570–1.3616 resistance area with increased trading volume, 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.
Long
by Ashbur
GBP/USD | Supply Zone Holding – Major Drop Incoming?Price is now inside a key institutional supply zone (1.35400 area) 🔵 This zone has previously led to strong rejections – and it’s holding again. 📉 Bearish bias remains valid as long as price trades below this zone. --- 🎯 Potential Targets: 🟦 TP1: 1.28451 – Previous support zone 🟧 TP2: 1.24701 – Demand imbalance 🟨 TP3: 1.21693 – Major unfilled demand + price memory --- 🔍 What Smart Money Sees: ✔️ Liquidity above previous highs has been swept ✔️ Price now compressing under resistance = Possible redistribution ✔️ No new higher high = Weakness confirmation --- 📅 What’s Coming: 🇬🇧 GBP news event marked on the chart could trigger volatility – watch closely for fakeouts or confirmations! --- ✅ Trade Plan: ❌ No buys inside the supply zone 🔻 Look for bearish structure break + pullback entry 🔐 SL above 1.3560 wick trap --- 💬 What’s your take on this setup? 🟢 Breakout or 🔴 Breakdown? 👇 Drop your bias in the comments. ❤️ Like & 🔁 Share if you caught the last drop from this zone! #GBPUSD #SmartMoney #LuxAlgo #SupplyAndDemand #ForexSignals #PriceAction #LiquiditySweep #InstitutionalTrading #ForexTradingView #GBPSetup
Short
by FrankFx14
Market Insights with Gary Thomson: 9 - 13 JuneMarket Insights with Gary Thomson: UK Unemployment & GDP, US Inflation & PPI, Earnings Reports In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in! In this episode, we discuss: — UK Unemployment Rate — US Inflation Rate — UK GDP Growth Rate — US Producer Price Index — Corporate Earnings Statements Don’t miss out—gain insights to stay ahead in your trading journey. This video represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
Analysis of Trades and Trading Tips for the British PoundThe price test at 1.3535 in the second half of the day occurred just as the RSI indicator was beginning to move downward from the zero line. This confirmed the correct entry point for selling the pound, resulting in a decline of more than 30 pips. U.S economic indicators published on Friday sparked a wave of optimism across financial markets. Non-farm employment showed confident growth, surpassing economists' forecasts and reaching 139,000 new jobs, while market expectations hovered around 127,000. This factor immediately impacted currency rates. prompting the U.S. dollar to strengthen against major world currencies, particularly the British pound. The unemployment rate, remaining stable at 4.2%, also added to the positive sentiment. A low unemployment rate indicates the U.S. economy's healthy state and stable labor demand. This provides a favorable backdrop for continued economic growth and strengthens the dollar's position. The British pound's reaction to this news was expected - a decline against the U.S dollar. investors, assessing U.S. economic prospects as more favorable, redirected their capital, increasing demand for the dollar and decreasing demand for the pound sterling. Today, there is no economic data from the UK, so it possible that after Friday's pullback, pound buyers may continue to act within the bullish market framework, betting on further growth in the GBP/USD pair. The absence of fresh economic data leaves room for speculation and allows traders to rely on already-established trends. However, existing risks should not be forgotten, Global economic uncertainty due to U.S. tariffs could exert pressure on the British currency at any moment.
Long
by CEO-PREMIUM-ANALYSIS
11
09/06/2025: WILL WE SEE A BREAKOUT ABOVE 1.3550?GBP/USD PLAN – 09/06/2025: WILL WE SEE A BREAKOUT ABOVE 1.3550? 🌍 Macroeconomic & Fundamental Context: UK Economic Outlook (BoE): The Bank of England (BoE) is under pressure due to inflation and has to make decisions regarding interest rate policy. Diverging opinions on whether to raise or lower rates are creating uncertainty in the market. US Economic Outlook (Fed): The Federal Reserve's monetary policy continues to be a major influence on the USD, especially as the Fed maintains its rate hikes to control inflation. US-UK Trade Relations: Trade negotiations between the US and the UK will remain an important factor this week, and any new developments could impact GBP/USD. 📉 Technical Analysis – GBP/USD: On the H4 and H1 timeframes, GBP/USD is consolidating within a corrective structure, and price has broken several key Fibonacci levels. The EMA indicators (13, 34, 89) are showing strong momentum. Key Resistance Levels: 1.3550 – This is a major resistance level. If broken, GBP/USD could continue its rally towards 1.3612. Key Support Levels: 1.3520 – A short-term support level. If this breaks, price may retrace back to 1.3470. 🎯 Trading Scenarios for Today: 🟢 BUY ZONE: Buy Zone: 1.3520 – 1.3500 SL: 1.3480 TP: 1.3550 → 1.3570 → 1.3600 → 1.3620 → 1.3650 If price retraces to 1.3520 – 1.3500, this would be an ideal buying opportunity with a target at 1.3550. Look for confirmation from technical indicators and the current trend. 🔴 SELL ZONE: Sell Zone: 1.3550 – 1.3570 SL: 1.3590 TP: 1.3520 → 1.3500 → 1.3470 → 1.3450 → 1.3420 If price reaches the resistance zone of 1.3550 – 1.3570, consider selling with targets at the support levels below. 🟡 Scalping: Buy Scalping: 1.3520 → 1.3500 Sell Scalping: 1.3570 → 1.3600 Look for short-term opportunities when price moves within the range. ⚠️ Important Notes: Pay close attention to short-term fluctuations and any major economic data releases from the BoE and Fed. Risk management is key during volatile periods. 📌 Conclusion: GBP/USD is in a short-term corrective phase, but a breakout above 1.3550 could trigger a strong rally. Traders should monitor support and resistance levels carefully and ensure risk management is in place.
Long
by MMFlowTrading
GBPUSDGBP/USD 10-Year Bond Yield, Interest Rate Differential, Carry Trade, and Uncovered Interest Rate Parity 1.the current 10-Year Bond Yields or UK 10-Year Gilt Yield: 4.63% (as of June 9, 2025), down slightly from recent highs but elevated due to persistent inflation concerns,while the US 10-Year Treasury Yield stands at 4.50% (as of June 9, 2025), reflecting fiscal uncertainties and moderated Fed rate cut expectations. 2.the Interest Rate Differential will be The 10-year yield spread (UK minus US) ,which is +0.13% (4.63% – 4.50%), favoring UK gilts. The policy rate differential (BoE: 4.25%, Fed: 4.25–4.50%) is neutral to slightly negative for GBP, as the Fed holds rates steady while the BoE recently cut. 3. Carry Trade Implications The modest yield spread provides a limited carry trade advantage for GBP over USD. Investors borrowing in USD to buy GBP assets gain a small yield pickup (~0.13%), but this is offset by: Currency risk: GBP/USD volatility. Economic uncertainty: UK inflation (3.5% y/y) remains sticky, while US growth and fiscal risks dominate. 4. Uncovered Interest Rate Parity (UIP) UIP predicts the GBP should depreciate against USD by ~0.13% annually to offset the higher UK yield. However, deviations are common due to: Risk premiums: Safe-haven USD demand during global uncertainty. Diverging central bank policies: BoE’s recent rate cut vs. Fed’s cautious stance. Inflation dynamics: UK CPI (3.5%) exceeds US forecasts (2.5%), pressuring BoE to maintain tighter policy despite cuts. Key Data: UK services PMI (June 13) and US CPI (June 11) will dictate near-term momentum. A stronger US CPI print could widen the rate differential in favor of USD, pressuring GBP. stay cautious . #gbpusd
by Shavyfxhub
GBPUSD Sell- Go for sell if setup given then manage your trade - potentially go lower - Refine entry with smaller SL for better RR, if your strategy allow A Message To Traders: I’ll be sharing high-quality trade setups for a period time. No bullshit, no fluff, no complicated nonsense — just real, actionable forecast the algorithm is executing. If you’re struggling with trading and desperate for better results, follow my posts closely. Check out my previously posted setups and forecasts — you’ll be amazed by the high accuracy of the results. "I Found the Code. I Trust the Algo. Believe Me, That’s It."
Short
by Vincent-DA
GBPUSD Edges HigherGBPUSD Edges Higher GBP/USD is attempting a fresh increase above the 1.3500 resistance. Important Takeaways for GBP/USD Analysis Today - The British Pound is attempting a fresh increase above 1.3515. - There was a break above a key bearish trend line with resistance at 1.3535 on the hourly chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On the hourly chart of GBP/USD at FXOpen, the pair declined after it failed to clear the 1.3615 resistance. The British Pound even traded below the 1.3575 support against the US Dollar. Finally, the pair tested the 1.3500 zone and is currently attempting a fresh increase. The bulls were able to push the pair above the 50-hour simple moving average and 1.3540. There was a break above a key bearish trend line with resistance at 1.3535. The pair tested the 50% Fib retracement level of the downward move from the 1.3616 swing high to the 1.3507 low. It is now showing positive signs above 1.3540. On the upside, the GBP/USD chart indicates that the pair is facing resistance near 1.3575 and the 61.8% Fib retracement level of the downward move from the 1.3616 swing high to the 1.3507 low. The next major resistance is near 1.3590. A close above the 1.3590 resistance zone could open the doors for a move toward 1.3615. Any more gains might send GBP/USD toward 1.3650. On the downside, immediate support is near the 1.3515. If there is a downside break below 1.3515, the pair could accelerate lower. The first major support is near the 1.3500 level. The next key support is seen near 1.3450, below which the pair could test 1.3420. Any more losses could lead the pair toward the 1.3350 support. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
GBPUSD BULLISH OR BEARISH DETAILED ANALYSISGBPUSD is showing strong bullish momentum after successfully bouncing off the key support zone around 1.34300. This level, which previously acted as a major resistance, has now flipped into solid support, confirming a classic breakout-retest structure. With the daily chart printing higher highs and higher lows, the market is clearly building a bullish continuation structure. Price action above this level signals that the bulls are gaining confidence, and we are now setting up for a clean run toward the 1.38000 target in the coming sessions. Fundamentally, the British pound is currently benefitting from improved economic sentiment in the UK. With services PMI holding firm and inflation slowly coming under control, there’s growing speculation that the Bank of England could maintain a more hawkish stance compared to the Fed. Meanwhile, the US dollar is facing pressure due to softer labor data and increased expectations for a potential rate cut later this year. This divergence between the BoE and Fed is creating a favorable environment for GBP strength against USD. From a technical perspective, the bounce off support is being validated with strong bullish candlesticks and momentum continuation. The market structure remains intact with a bullish trendline, and Fibonacci confluence levels are lining up perfectly to support higher price objectives. The nearest resistance sits just under 1.36000, and a break above that would likely trigger accelerated buying pressure toward the 1.38000 handle. Traders watching for trend continuation setups will find this level highly attractive. GBPUSD is preparing for another bullish wave, and this structure remains one of the cleaner technical patterns in the majors right now. As long as the pair holds above 1.34300, the bias remains bullish with potential for extended gains. Monitor DXY and Fed rate sentiment closely, but with current fundamentals aligning with technicals, this setup is shaping up to be a high-probability bullish continuation.
Long
by AndrewsMarket-Mastery
GBP/USD – 1H Chart Pattern: Bullish Momentum AB=CD GBP/USD – 1H Chart Pattern: Bullish AB=CD Trend: Bullish Momentum Detected 🔹 Entry (EP): Instant Buy @ 1.35694 🔹 Stop Loss (SL): 1.35004 🔹 Take Profit (TP1): 1.36352 🔹 Take Profit (TP2): — (Trail if desired or wait for new structure) 🔹 Lot Size: 0.14 🔹 Risk/Reward Ratio: 1:1 🔹 Risk: $100 💸 🔹 Reward: $100 💰 📊 The AB=CD harmonic pattern confirms a potential bullish reversal zone, and price action aligns with this projection on the 1H chart. Clean setup for short-term intraday traders. ⚠️ As always, manage risk properly and adjust your strategy based on market conditions. #GBPUSD #ForexTrading #PriceAction #HarmonicPattern #TradingSetup #ForexSignals #TechnicalAnalysis #ABCDPattern #1HRChart #RiskReward #BullishSetup
Long
by asimafridi
The Day Ahead🇺🇸 United States NY Fed 1-Year Inflation Expectations: Rose slightly to 3.1% in May from 3.0% in April. This suggests increasing consumer concerns about short-term inflation, potentially influencing Fed policy. Wholesale Trade Sales (April): Awaiting data. 🇨🇳 China May CPI: Up 0.3% YoY, but fell 0.1% MoM — indicating weak consumer demand. May PPI: Fell 1.4% YoY, a slower decline than before, suggesting factory-gate prices may be stabilizing. Trade Balance: Surplus widened to $103.22 billion. Exports rose 4.8% YoY, but exports to the U.S. dropped 34.5%, reflecting trade tensions. 🇯🇵 Japan Economy Watchers Survey (May): Sentiment remains cautious due to global economic uncertainties. Bank Lending (May) and BoP Current Account/Trade Balance (April): Data not yet released but a current account surplus is expected. 🇪🇺 ECB Frank Elderson (ECB Executive Board): Speaking today. Markets will watch closely for signals on future ECB rate moves in light of recent inflation and growth data. 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