GBPUSD INTRADAY Uptrend continuation supported at 1.3500The GBP/USD currency pair maintains a bullish sentiment, supported by a rising trendline and sustained higher lows. The recent intraday price action suggests a corrective pullback within an overall uptrend, indicative of a consolidation phase rather than a reversal.
Key Support Level: 1.3500
This level aligns with a previous consolidation zone and is acting as a pivotal support. A pullback toward this level could offer a potential buying opportunity, especially if bullish momentum returns.
Upside Targets (on bullish continuation from 1.3500):
1.3610 – Initial resistance from prior swing high
1.3650 – Intermediate resistance level
1.3700 – Long-term target and potential top of the current bullish channel
Bearish Scenario (if 1.3500 fails):
A daily close below 1.3500 would invalidate the current bullish setup, signaling a potential shift in trend. In that case:
Immediate support at 1.3480
Deeper retracement could extend to 1.3450
Conclusion
The broader trend in GBP/USD remains bullish, with the current consolidation viewed as a potential pullback rather than a reversal. The 1.3500 level is critical — a bounce from here could resume the uptrend toward 1.3610 over time. However, a break and close below 1.3500 would weaken the bullish case and open the door to further downside. Traders should monitor price action closely around this key level for confirmation.
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GBPUSD trade ideas
Bullish bounce off pullback support?The Cable (GBP/USD) is falling towards the pivot which is a pullback support and could bounce to the 1st resistance.
Pivot: 1.3411
1st Support: 1.3100
1st Resistance: 1.3714
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GBPUSD H1 Bearish eversal Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 1.3567, which is a pullback resistance.
Our take profit will be at 1.3537, a pullback support level.
The stop loss will be placed at 11.3602, above the recent swing-high resistance level.
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GBPUSD is relatively stable, main uptrendOANDA:GBPUSD performed relatively steady among major currencies. The UK's avoidance of Trump's new steel and aluminum tariffs supported the pound and market sentiment remained relatively upbeat.
The UK releases April GDP and employment data this week, and markets are paying close attention. If the unemployment rate rises, that could drag the pound down; if it shows a healthy labour market, that could push it higher.
Bank of England Governor Bailey said he would continue to adopt a “gradual and cautious” interest rate cut strategy, reflecting a cautious stance amid heightened market volatility. The statement was interpreted by the market as hawkish, which helped support the pound. Britain is not a target of Trump’s new tariff policy, and the market believes that the US-UK trade relationship is relatively friendly, which has boosted the British stock market and the pound.
The fact that the UK is not affected by Trump’s steel and aluminium tariffs is a positive for the pound, but this week’s jobs data will be key. If unemployment rises in April, it could undermine sterling’s gains. The market is positive about the Bank of England’s cautious monetary policy stance, believing that this will help the pound maintain its strength in the short term.
On the daily chart, OANDA:GBPUSD is temporarily capped by the 1.35877 price level of the 0.618% Fibonacci extension and the overall technical outlook remains overwhelmingly bullish.
Key supports are seen by the rising price channel and the EMA21, while the bullish RSI has yet to reach overbought levels, suggesting that there is still plenty of room for GBP/USD to move higher in terms of momentum. As long as GBP/USD remains within the price channel, it will remain bullish in the short term, and once GBP/USD breaks above 1.35911, which is the nearest horizontal resistance, it will be eligible to continue its technical rise towards the next target around 1.37104 in the short term.
During the day, the bullish outlook of GBP/USD will be noticed by the following technical positions.
Support: 1.35015 – 1.34441
Resistance: 1.35877 – 1.35911
GBPUSD(20250609)Today's AnalysisMarket news:
Fed Harker: Amid uncertainty, the Fed may still cut interest rates later this year. Musallem: There is a 50% chance that the trade war will lead to a sustained inflation outbreak. Tariffs may push up inflation within one or two quarters. The ECB cut three key interest rates by 25 basis points. Lagarde hinted that the rate cut cycle will end, and the market is no longer fully pricing in another 25 basis point rate cut this year.
Technical analysis:
Today's buying and selling boundaries:
1.3538
Support and resistance levels:
1.3615
1.3586
1.3568
1.3509
1.3491
1.3462
Trading strategy:
If the price breaks through 1.3538, consider buying in, with the first target price of 1.3568
If the price breaks through 1.3509, consider selling in, with the first target price of 1.3491
GBPUSD DAILY OUTLOOK - OVERBROUGHTGBPUSD heavily bullish
No valid pullbacks -expecting price to drop
GBPUSD has over brought and current price momentum shows that sellers can get in power
Enough sell side liquidity has been created for price to drop to discount levels
Use 2/4 hour time frame as guide and confirm if trend will shift
GBPUSD: Weekly Overview 9th of June 2025GDP m/m is in this week! Take this under consideration. Any significant bearish surprise for this announcement means a possible break of the bullish channel.
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The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones.
Some of these points can also be confirmed by the mathematical intervals of Murray.
You can enter with/without confirmation. IF you want to take confirmation you can use LTF analysis, Spike move confirmation, Trend Strength confirmation and ETC.
SL could be placed below the zone or regarding the LTF swings.
TP is the next zone or the nearest moving S&R, which are median and borders of the drawn channels.
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Role of different zones:
GREEN: Just long trades allowed on them.
RED: Just Short trades allowed on them.
BLUE: both long and short trades allowed on them.
WHITE: No trades allowed on them! just use them as TP points
Potential bearish drop?GBP/USD is rising towards the resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.3545
Why we like it:
There is an overlap resistance that aligns with the 48.2% Fibonacci retracement.
Stop loss: 1.3576
Why we like it:
There is a pullback resistance level that lines up with the 61.8% Fibonacci retracement.
Take profit: 1.3501
Why we like it:
There is an overlap support level that is slightly above the 61.8% Fibonacci retracement.
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GBP/USD IS NEUTRAL
The pair reacted off a major daily resistance zone at 1.36000 last week. Overall on the big timeframes it remain bullish but I'd only consider buys above 1.35600 towards 1.36400 . The smaller timeframes have been printing LHs and LLs but there are NO SELLS for me until the break of 1.35000 psychological level.
GBPUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
GBPUSD - Technical analysis 2HGood morning, traders, dear TradingView. It's Nika.
I want to share this trading idea, for a reason we have very important resistance level breakout!
I think the price of this pair will continue growing and will reach level 1.37097!
So some of you can just open long now, or wait and enter after a little correction.
Thank you.
Have a profitable day.
GBPUSD WEEKLY ANALYSIS (9 JUNE - 13 JUNE)Hi Traders,
Here my analysis for FX:GBPUSD which im focus for bearish bias. There are several factor need to be taken once the market open. Based on the US data especially NFP data, show us the dollar give hint to strong for a while.
For Fundamental Analysis, can use it as a reference :
1) tradingeconomics.com
2) tradingeconomics.com
3) tradingeconomics.com
4) tradingeconomics.com
"Continue to maintain strength"The GBP/USD trended higher in a volatile manner this week, rising 0.5% on a weekly basis and demonstrating relatively robust performance among major currencies. The UK's exemption from Trump's newly imposed steel and aluminum tariffs provided support for the British pound, with market sentiment remaining relatively optimistic. Analysts noted that the UK's immunity to Trump's steel and aluminum tariffs constitutes a positive factor for the GBP, but next week's employment data will be pivotal. A rise in the unemployment rate for April could weaken the pound's upward momentum. The market holds a positive view on the Bank of England's (BoE) cautious monetary policy stance, believing it will help the GBP maintain its strength in the short term.
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.
GBPUSD - Very InterestingWith NFP creating massive volatility on Friday this pair is a bit messy.
We have however created an internal structure shift on the 15min timeframe to the downside lower the HTF order flow still being bullish
This could be a case of get what we can to the downside until we hit the HTF demand and look to get long.
As you can see I am already trying to forecast ahead of what could potentially happen with this pair as when it gets to certain levels and there are reactions it will come as no surprise.
If I can be of assistance to anybody please don't hesitate to message.
GBPUSD TRADING ROADMAP 09 - 13 JUNI 2025📈 GBPUSD TRADING ROADMAP
Trade Plan & Market Outlook
The GBPUSD pair is currently trading within the Supply Zone at 1.34385 – 1.35488.
If price successfully breaks out and holds above this zone, there’s a strong potential for further upside toward the next Supply Zone at 1.36801, as long as price remains above the risk level at 1.33093.
🔹 Key Levels to Watch:
Demand Zone (Support): 1.31634 – 1.30624
→ Key buyer area and bullish trend base
Current Supply Zone (Resistance): 1.34385 – 1.35488
→ Currently being tested
Next Supply Target (if breakout): 1.36801
Risk Threshold: 1.33093
→ Bullish outlook remains valid above this level
🔹 Trade Strategy & Outlook:
Watch for confirmation in the current Supply Zone
Breakout above 1.35488 opens potential for extended bullish momentum
Use price action confirmation before entering trades
Manage risk appropriately near resistance areas
⚠️ DISCLAIMER ON
This content is for educational purposes only and does not constitute financial advice.
Trading involves high risk and may not be suitable for all investors.
Always conduct your own analysis and apply proper risk management.
GBPUSD Buy Setup! BoS + OB + 61.8–79% Fib + Trend Channel ComboGBPUSD | 30-Min Chart – High Probability Long Setup Identified
GBPUSD is showing bullish intent after a clear Break of Structure (BoS) and now offers a high-confluence buy opportunity. This setup combines Smart Money Concepts with classical technical analysis for a sniper-grade entry.
🔍 Trade Breakdown:
📈 Break of Structure (BoS):
Price broke previous highs with strong bullish momentum.
Confirmed market intent shift from ranging to bullish.
📐 Fibonacci Confluence:
Price retraced perfectly into the 61.8% – 79% Fib zone from the latest bullish impulse.
These golden ratio levels align with an institutional Order Block (OB) and ascending trendline — high confluence entry.
🟣 Order Block Zone (OB): 1.35285 – 1.35406
The last bearish candle before bullish BoS — a clean demand zone.
OB sits within the Fib retracement zone and overlaps a mid-trendline tap.
📐 Fibonacci Levels (Swing Low to High):
61.8% = 1.35285
70.5% = ~1.35190
79% = ~1.35075
This is the institutional kill zone — OB + 61.8–79% retracement = precision buy levels.
🟡 Liquidity Sweep + Reaction:
Price swept liquidity below short-term lows and tapped the OB with a sharp bullish reaction.
Candle confirmation + lower wick shows strong rejection from Smart Money.
🧭 Projected Move:
Targeting a move toward the -27% Fib extension at 1.36018
Trendline and internal structure support bullish continuation
🔵 Projected Path:
Sweep ➝ OB/Fib confluence tap ➝ strong bullish continuation into premium territory
🧠 Chart Ninja Entry Plan:
🔹 Entry Zone: 1.35285 – 1.35406 (OB + 61.8–70.5% Fib)
🔻 SL Below: 1.35000 (beneath OB & key structure low)
📈 Target: 1.36018 (-27% Fib extension)
⚖️ RRR: 1:3+ — sniper entry with institutional precision
💬 Ninja Wisdom:
Smart Money isn’t buying breakouts — they buy retracements into OB zones with precision.
Combine OB + Fib + channel = institutional roadmap.
Let price come to you. Let retail chase. 🥷💸
📍 Save this GBPUSD setup before it hits the next impulse wave
🗣️ Drop your thoughts – are you buying this OB too?
👣 Follow @ChartNinjas88 for more institutional-grade setups daily