GBPUSD trade ideas
GBPUSD Broke the channel support, Fake breakdown? GBPUSD was moving within an upward trend channel, but last week it broke through the lower support line. It is now testing this support, which has become its resistance. Will it decline further, or was this a false breakout? Let's find out.
GBPUSD Sellers In Panic! BUY!
My dear friends,
Please, find my technical outlook for GBPUSD below:
The price is coiling around a solid key level - 1.2800
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.2936
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBP/USD Technical Analysis – Long Setup in Play!We’ve just received a fresh BUY signal on the GBP/USD pair following a bullish bounce from the 1.24600 (0.5 Fibonacci retracement) level.
🔍 Key Highlights:
✅ Fibonacci Retracement levels plotted from the 2020 low to the 2021 high show strong technical alignment.
📈 Buy Entry Triggered: Momentum turned bullish after price reclaimed the mid-Fib zone.
📉 Previous resistance near 1.28786 (Fib 0.618) could act as short-term resistance.
📊 VPAO, volume alignment, and trend indicators show rising accumulation.
🎯 Targets:
1.3180 — short-term
1.4234 — long-term retracement high
1.6426 — Fibonacci extension (1.618 level)
🛡️ Stop suggestion: Below recent swing low around 1.2460
This setup suggests growing confidence in GBP strength vs USD. We’ll be monitoring closely for volume confirmation and potential continuation into Q2 2025.
GBPUSD Wave Analysis – 7 April 2025
- GBPUSD reversed from resistance area
- Likely to fall to support level 1.2700
GBPUSD currency pair recently reversed down from the resistance area between the resistance level 1.3050 (which reversed the price in October and November), upper daily Bollinger Band and the resistance trendline of the daily up channel from January.
The pair just broke the aforementioned daily up channel – which should accelerate the active impulse wave 1.
Given the moderately bullish US dollar sentiment seen today, GBPUSD currency pair can be expected to fall to the next support level 1.2700.
Gu(1h)1h structure slso bearish.
Woll be looking for sells around the zones marked
1h pullback may be Possible of the int. Structure shifts bullish.
If the 1h shifts bullish then the 4h pullback will be eminent
Gu(4h)4h structure looks bearish.
Alines with the daily structure.
Will be looking for sells to clear thd buyside liquidity.
Target will be 1.2600.
GBP/USD... Sell chart pattren...MY short position on GBP/USD starting at 1.28000 looks like it's got some potential, especially with those target points at 1.25500 and 1.22700. To really dig into this, let's break down the technical setup.
First off, the current trend in GBP/USD seems to be bearish, which aligns with your short position. If we look at the charts, particularly the 4-hour and daily charts, we can see some key levels that might influence the price movement.
*Key Levels to Watch*
1. *Support Levels*: These are crucial for understanding where the price might bounce back or break through. Your first target at 1.25500 looks like it could be a significant support level based on recent price action. If the price breaks through this level, it might head towards your second target at 1.22700.
2. *Resistance Levels*: For your short position, the key resistance level to watch would be around the entry point of 1.28000. If the price starts to climb back towards this level, it might indicate a reversal in the trend, which would be a signal to reconsider your position.
*Indicators*
- *Moving Averages (MA)*: A bearish crossover in the short-term and long-term moving averages (e.g., 50-period and 200-period MAs) could reinforce the bearish trend, supporting your short position.
- *Relative Strength Index (RSI)*: An RSI below 50 often indicates a bearish trend. If the RSI is hovering around 30-40, it might suggest that the pair is oversold, potentially leading to a bounce-back or consolidation phase.
*Economic News and Events*
Keeping an eye on economic indicators from both the UK and the US is crucial. Events like interest rate decisions, GDP growth rates, and employment data can significantly impact the GBP/USD pair. For instance:
- *UK Economic Data*: Weak economic data could further depress the GBP, supporting your short position.
- *US Economic Data*: Strong US economic data could strengthen the USD, also supporting your short position on GBP/USD.
*Risk Management*
Given the potential volatility, setting a stop loss is a good call. Consider placing it slightly above a significant resistance level to limit potential losses if the trend reverses. Regularly monitoring the trade and adjusting your stop loss as the price moves in your favor can also help manage risk.
*Next Steps*
- *Technical Analysis Tools*: Utilize tools like Fibonacci retracement levels, Bollinger Bands, and the MACD indicator to get a more comprehensive view of potential price movements.
- *Stay Informed*: Keep up-to-date with market news and economic calendars to anticipate potential market-moving events.
Do you want to dive deeper into any specific technical indicators or discuss potential scenarios based on upcoming economic events?
GBPUSD INTRADAY corrective pullback supported at 1.2765GBP/USD maintains a bullish bias, with the broader trend and structure supporting upside continuation. The recent intraday move appears to be a corrective pullback toward a key prior consolidation area.
Key Support: 1.2765 – aligns with the previous consolidation zone and potential bullish inflection point.
Upside Targets:
1.2935 – initial resistance level
1.2985 and 1.3026 – medium to long-term bullish targets
If price finds support at 1.2765 and forms a bullish reversal, it would confirm the continuation of the uptrend toward the mentioned resistance levels.
However, a break and daily close below 1.2765 would invalidate the bullish scenario, suggesting deeper retracement toward 1.2688, with further support at 1.2632 and 1.2600.
Conclusion
GBP/USD remains bullish above 1.2765. Look for a bounce from this level to confirm upside continuation. A daily close below 1.2765 would turn the outlook bearish, exposing lower support levels.
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.
GU-Mon-7/04/25 Top down analysis-Huge liquidity grab on GU!Analysis done directly on the chart
You don't have to be a genius to understand
macro economically what's happening in the market.
Use economic calendar, FinancialJuice to stay up to date.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
The Day AheadKey Data Releases (Market Moving Potential)
US – February Consumer Credit
Insight into consumer borrowing trends – potential impact on USD and interest rate expectations.
China – March Foreign Reserves
Watch for signals on capital flows and yuan (CNY) stability.
Japan – February Labor Cash Earnings, Leading & Coincident Indexes
Wage data affects inflation outlook – key for JPY and BoJ policy watchers.
Germany – February Industrial Production & Trade Balance
Vital for assessing Eurozone growth momentum – may impact EUR.
Eurozone – February Retail Sales
Consumer activity in focus – important for ECB policy direction.
Central Bank Watch
Bank of Canada – Business Outlook Survey
Could move CAD if sentiment suggests rate shift ahead.
ECB – Cipollone Speech
Monitor for clues on rate path or balance sheet policy – relevant to EUR trades.
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.
GBPUSD BUY Well let's try another idea for today, i can see gbpusd make 3rd wave up to make HnS pattern and then massive sell if powell doesnt cut rates(emergency) , Monday is scary day and there is chance to lose trades as there is no structure yet , let's see if this plays out !
3 RRR
GL Traders
Not advice !
Bullish Rectangle of CableChart Shapes Work Very Well When News and Financial Indicators also Confirm Them. You See Here a Bullish Rectangle in GBPUSD Day Chart. For Long Time Holders It is A Good Trade Time.
GBP/USD Softens in Risk-Off TradeThe GBP/USD pair dipped 0.11% to $1.289 in Asian trading, pressured by global recession fears and rising U.S.-China trade tensions. While expectations of Fed rate cuts have weighed on the dollar, the pound remains weak amid economic uncertainty and an unclear Bank of England outlook. With no strong catalysts, GBP/USD may stay vulnerable, especially if risk aversion intensifies.
If GBP/USD breaks above 1.3000, resistance levels are at 1.3050 and 1.3120. Support is at 1.2900, followed by 1.2850 and 1.2800.
GBPUSD-(Close Door Analysis) A simple chart Analysis.Defining the Entry and the 2 Exit Strategy(TP & SL)..You can comment in the section below and Follow for more Video Analysis..ENJOY!!
GBPUSD OUTLOOKGBPUSD Outlook:
This week, I'm leaning towards a bearish bias on GBPUSD, following a clean break below the recent consolidation range, which hints at distribution.
However, I'm keeping a close eye on the 1.2827 level.
If price retraces and holds around that zone, I’ll be open to considering buy opportunities, targeting the 1.29232 area.
In summary:
My primary outlook is to look for selling opportunities this week.
But I’m flexible and ready to pivot if the market presents a valid buy setup around the 1.2827 level.
Patience and adaptability will be key. 👊
GBPUSD Technical Analysis by TradingDONThe market might have finished its liquidity grab below recent lows—the so-called “sweep” near 1.2900—and could be ready to bounce back if the broader timeframe stays bullish.
1. Entry Signal:
A clear 1-hour close above 1.2950–1.2960 (and perhaps a retest) would indicate that buyers are stepping back in.
2. Entry Idea:
Go long if the price breaks and holds above the short-term structure or if it retests an H1 FVG/demand zone around 1.2900–1.2920, forming bullish reversal candles.
3. Stop Loss:
Place your stop below the recent low or the FVG/demand zone (around 1.2880–1.2900). If the price continues dropping below this level, your bullish thesis is invalidated.
4. Take Profit Targets:
Aim for the upper FVG near 1.3000–1.3050, with partial profits taken at key psychological levels (like 1.3000) or previous swing highs.
5. Rationale:
If the higher timeframe trend remains bullish, the current dip might just be a “discount” opportunity for smart money to load up on longs. Reclaiming key structure levels on the H1 chart would confirm that bullish momentum is returning.
GBPUSD → False break of weekly support + DXY fallFX:GBPUSD is going through a shakeout phase relative to the trading range. Last week was very challenging in terms of unpredictable moves and volatility.
A strong NFP report on Friday allowed the dollar to strengthen, but the reaction from the opening of the new trading week has already exhausted itself as traders are still watching the tariff war, which simply crashed the stock, futures markets.
Technically, the currency pair on this background can win out, as the pound sterling within the ascending trend, the fall of the dollar can continue the growth phase.
On the chart, the price forms a false breakdown of the support conglomerate, which in general may push the price up due to the imbalance of liquidity and interests of money moving away from the dollar
Resistance levels: 1.2932, 1.3010
Support levels: 1.2828, 1.2811
If the bulls will keep the price above 1.2868 and will be able to consolidate above 1.2932, in the short term the market can show growth up to the next target - resistance 1.3010.
Regards R. Linda!
GBP/USD Holds Support at $1.2860FenzoFx—GBP/USD downtrend eased at $1.2860. The bearish outlook remains valid as long as the price is below the $1.2960 resistance level, backed by the 50-period moving average.
However, bears must close below $1.2860 for the downtrend to resume.
GBPUSD selloffWe wait for this retest and then hope for best, overrall markets should still head downwards as Tariffs are in play, but you always never know what will happen, this will be my play today , I think it was called ''silver bullet'' pattern.
2.7 RRR
GL Traders
Not advice !
GBPUSD SHORT FORECAST Q2 W15 Y25 MONDAY 7TH APRIL 2024GBPUSD SHORT FORECAST Q2 W15 Y25 MONDAY 7TH APRIL 2024
First and full most, It looks good! However, it's important to approach with caution... much like always.
Pay attention to the previous weekly closure. Yes is it showing a rejection BUT in terms of us always expecting a wick fill prior trading in the opposing direction, Would an immediate short make sense?
We need to see clear price action showing us that it is not interesting in retracting the previous weekly wick with clear bearish movement.
More on the set up descriptions later in terms of text but I trust the chart analysis speaks 1000 words.
FRGNT X
