GBPUSD trade ideas
GBPUSD BREAKS A RESISTANCE LEVEL.Price successfully broke through the resistance level of 1.27801 are we likely to see a possible retrace in price to the broken resistance now turn support ? We’re looking forward to seeing more price activities. But in a scenario where we see a retrace to a level of 1.27801 we will go bullish.
GBPUSD IS SELL SETUPwe will look sell from bb are you ready for sell dont forget to share your likes comments and thoughts
GBP/USD 15-Minute Chart: Bearish Reversal at Harmonic CompletionThe chart showcases a well-defined harmonic pattern, the Shark, with the price reaching the terminal zone at 1.2670 , marked by a red downward triangle. This suggests a potential reversal zone where selling pressure may emerge.
Key observations:
The price has reacted strongly at the completion point, aligning with Fibonacci extensions.
Overbought conditions are evident in the RSI and other momentum indicators, indicating potential exhaustion of the bullish trend.
Target levels:
T1: 1.26241
T2: 1.25741
Suggests a possible downside move if the reversal confirms.
Traders should watch for bearish confirmation before entering short positions, while bulls may seek a break above 1.2670 for further upside.
GBPUSD: Bullish Outlook For Next Week Explained 🇬🇧🇺🇸
GBPUSD broke and closed above a key daily horizontal
resistance this week.
The next strong historic structure is 1.3.
It will most likely be the next goal for the buyers the following week.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Expect a reversal or consolidationNext week: since there was an impulsive bullish move the previous week, we can expect consolidation or a reversal from a monthly PD array. Since it is post-NFP let’s where the next week takes ;expecting a reversal due to historical data the eur/usd has shown weakness on the month of march this further amplifies my confluences for next week.
Analysis and trading positionSettlement positions are still at the bottom, likely to have a downside.
ENTRY:1.29112_1.30218
SL:1.32184
TP:1.17932
*If you trade this position, be sure to maintain capital management.*
GBPUSD Will Go Down! Sell!
Please, check our technical outlook for GBPUSD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.291.
Considering the today's price action, probabilities will be high to see a movement to 1.271.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
GBP/USD trades that i took this monththese are the trades that i took for this starting week of the month its a tough battle but i have to keep fighting and stay disciplined OANDA:GBPUSD
GBP/USD BUYThis trade is closed now but it is me logging it for anyone and everyone.
This analysis is based on the provided image and should not be considered financial advice. Trading involves risks, and it is essential to conduct your own research and consult with a financial advisor before making any trading decisions.
GBPUSD Bearish ContinuationGBPUSD price seems to exhibit signs of overall Bearish momentum as the price action may form a credible Lower High with multiple confluences through key Fibonacci and Resistance levels which presents us with a potential short opportunity.
Trade Plan :
Entry @ 1.2580
Stop Loss @ 1.2830
TP 0.9 - 1 @ 1.23550 - 1.2330
GBPUSD UP TRENDGBP/USD Bullish Entry Alert!
1. The GBP/USD pair has consistently followed an uptrend, signaling strong bullish momentum.
2. Now is the perfect time for a bullish entry at 1.25170.
3. The target level is set at 1.31010, presenting a promising profit opportunity.
4. Resistance is observed at 1.33760, a crucial level to watch for further breakout potential.
5. The support line stands firm at 1.21015, acting as a safety net for price pullbacks.
6. The EMA 50 indicator confirms the upward trend, reinforcing the bullish sentiment.
7. The 4-hour time frame shows strong price movement in favor of buyers.
8. Recent price action suggests increased buying pressure near the entry level.
9. A break above 1.31010 could further fuel the bullish rally toward higher highs.
10. If the price retraces, 1.25170 should act as a key re-entry level for bulls.
11. A retest of 1.21015 would indicate a potential shift in trend if broken.
12. Volume analysis supports the idea of strong accumulation by buyers.
13. Traders should monitor momentum indicators for confirmation of sustained bullish movement.
14. Holding above the EMA 50 would keep the bullish scenario intact.
15. A clean break above 1.33760 could push GBP/USD to new yearly highs.
16. Risk management is essential; stop-loss levels should be placed below 1.25170.
17. News and macroeconomic data may influence price fluctuations, so stay updated.
18. Market sentiment favors GBP strength against the USD in the near term.
19. Patience is key—let the price action confirm the bullish move.
20. Trade wisely, and may the trend work in your favor!
#GBPUSD #Forex #Trading #BullishTrend
The Day Ahead 07th March '25 US Jobs Report DayFriday March 7
Data: US February jobs report, January consumer credit, China February foreign reserves, trade balance, Germany January factory orders, France January trade balance, current account balance, Canada February jobs report, Q4 capacity utilisation rate
Central banks: Fed's Powell, Kugler, Bostic, Bowman and Williams speak, ECB's Lagarde, Nagel, Knot, Panetta, Kazaks and Centeno speak, BoE's Mann speaks
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.
GBP/USD Chart AnalysisGBP/USD Chart Analysis
### **📊 Key Levels & Trading Plan**
🔹 **Current Price:** 1.28900
🔹 **Resistance Level:** 1.29050
🔹 **Support Level:** 1.28600
🔹 **Indicator Used:** EMA50 (Exponential Moving Average 50)
### **🔺 Bullish Scenario (Buy Trade)**
- If **price breaks above 1.29500**, it confirms bullish momentum.
- **Target:** 1.29800 (potential next resistance).
- **Stop Loss:** Below 1.28600 for risk control.
### **🔻 Bearish Scenario (Sell Trade)**
- If **price breaks below 1.28600**, it confirms a bearish move.
- **Target:** 1.27800 (potential next support).
- **Stop Loss:** Above 1.29100 for safety.
### **🛑 Risk Management**
✅ Always set a **stop loss** and follow **proper risk-reward strategy**.
✅ Keep an eye on **EMA50**—if price remains above EMA50, bullish momentum is strong.
✅ Watch for market volatility before taking positions.
DeGRAM | GBPUSD will correct before continuing to growGBPUSD is in an ascending channel between the trend lines.
The price is moving from the lower boundary of the channel, but has already reached the 62% retracement level.
Indicators point to an overbought chart.
We expect a local correction before the growth continues.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
GBPUSD Sell Trade Analysis & Execution Plan*GBPUSD Sell Trade Analysis & Execution Plan*
*Key Technical Rationale:*
1. *Fibonacci Retracement (61.8%):* Price reversed after testing the 61.8% Fib level, a classic reversal zone in downtrend corrections. This suggests a potential resumption of the broader downtrend.
2. *Bollinger Bands:* The breach of the upper band (20-period, 2σ) signals short-term overextension, often followed by a reversion to the mean (mid-band).
3. *Williams %R:* Overbought confirmation (above -20) aligns with the Bollinger Band breach, strengthening the bearish reversal case.
4. *Resistance at 1.3000:* A psychological and technical barrier where selling pressure emerged.
---
*Trade Strategy:*
- *Entry:* Sell near 1.3000 (ideally on a bearish candlestick pattern or rejection signal).
- *Stop Loss:* Place above 1.3050 (50 pips risk) to account for potential false breakdowns.
- *Take-Profit Targets:*
- *TP1: 1.2810* (Near-term support, 190 pips profit).
- *TP2: 1.2700* (Key swing low, 300 pips total profit).
- *TP3: 1.2570* (Corrected typo; aligns with longer-term support, 430 pips total profit).
*Risk-Reward Ratio:* 1:3.8 (50 pips risk vs. 190/300/430 pips reward).
---
*Critical Considerations:*
- *Trend Context:* Confirm the broader trend is bearish (lower highs/lows on daily chart).
- *Fundamentals:* Monitor BoE policy, UK/US economic data, and USD strength catalysts (e.g., Fed rate expectations).
- *Confluence:* Watch for bearish RSI/MACD divergence or increasing volume on the reversal for added confirmation.
*Conclusion:* A high-probability setup if technical conditions hold, but ensure strict risk management and adapt to real-time price action.
GBPUSD W1 CONFIRMED DIRECTION!!The Balanced Price Range (BPR) forms when the fair value gap overlaps the fair value gap in the opposite direction. This means that there is no sell side and buy side inefficiency in the price.
The goal of a successful trader is to make good trades, money is secondary.
GBPUSD BULLISHMy quantitative analysis systems indicate that the current bullish trend should proceed up to the indicated price level.
check the trendIt is expected that after some fluctuation, a trend change will form and a correction will begin to form up to the support trend line.
GBP/USD at 1.2880, Awaits NFP ReportGBP/USD holds modest gains around 1.2880 in Friday’s Asian session, recovering from the previous decline as investors await the US Nonfarm Payrolls (NFP) report. Meanwhile, the US Dollar Index (DXY) extends its five-day decline, pressured by falling Treasury yields, with the 2-year at 3.94% and the 10-year at 4.24%. Markets increasingly expect the Federal Reserve to adopt a more aggressive rate-cutting stance due to economic growth concerns.
Analysts at MUFG Bank suggest the Fed may shift focus from inflation control to economic growth, especially amid tariff uncertainties. Consumer confidence has weakened, reflecting rising household concerns.
In the UK, expectations for BoE rate cuts in 2025 have dropped below 50 basis points. BoE’s Catherine Mann stated that gradual rate changes are ineffective in volatile markets, advocating for larger cuts to provide clearer policy signals.
If GBP/USD breaks above 1.2920, the next resistance levels are 1.2980 and 1.3050. On the downside, support stands at 1.2860, with further levels at 1.2760 and 1.2660 if selling pressure increases.
