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British Pound / U.S. Dollar

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GBPUSD trade ideas

GU-Fri-18/04/25 TDA-Let GU cool off, be ready for next week!Analysis done directly on the chart If you don't know where to start, just start focusing on yourself. Treat well yourself, stay in shape, understand yourself before others, build up your confidence, let go the ego (you don't want to be your own enemy). What you're doing outside of trading can affect your trading performance as well. Have you ever thought about it? Share your experiences in the comment! Not financial advice, DYOR. Market Flow Strategy Mister Y
by Mister_Y
UPDATE ON GU TRADEGBP/USD 1H - Price has recently traded us lower to correct itself, pick up more Demand before taking a move higher. I have gone ahead and marked out the area in which price trade down and into. With price breaking structure fractally on the 15M timeframes, we could look to add to our positions as this gives us enough confluence to suggest that price is now ready to continue with the higher timeframe bullish move. This trade is currently running + 125 pips. (+ 5.4%) 5.4RR A big well done to those of you who are still in on this trade, I have actually gone ahead and taken a full close on this but will continue to monitor the original position for those still in. Those of you who are looking for another entry, as soon as I have something for you I will let you know, as I am also looking to get re-introduced. Any questions drop me a message or comment below!
Long
by Lukegforex
GBPUSD BEARISH FOR 90PIPSGBP/USD Bearish 90-Pip Forecast: Analysis & Strategy Current Market Context: As of the latest data, GBP/USD is trading around 1.3800. A 90-pip bearish target would place the pair near 1.3710. Below is the rationale and actionable plan: Key Drivers for a Bearish Outlook Fundamental Factors: UK Weakness: Dovish Bank of England (BoE) rhetoric, soft UK GDP/CPI data, or rising unemployment could weaken the Pound. USD Strength: Hawkish Fed signals (e.g., rate hike talks, tapering) or strong U.S. jobs/inflation data may boost the dollar. Geopolitical Risks: Brexit uncertainties, UK-EU trade tensions, or global risk-off sentiment favoring the USD. Technical Analysis: Resistance Levels: Failure to break above 1.3850 (a key resistance) or bearish patterns (e.g., double top, descending channel). Momentum Indicators: RSI divergence or MACD crossover signaling bearish momentum. Moving Averages: Price below the 50/200-day EMA, suggesting a downtrend. Trade Strategy Entry Zone: 1.3800–1.3830 (post-retest of resistance). Target: 1.3710 (90 pips). Stop-Loss: 1.3870 (above recent swing high). Risk Management: Use 1:2 risk-reward ratio (e.g., risk 30 pips to gain 90 pips). Adjust position size to limit exposure (e.g., 1–2% of account capital). Critical Events to Monitor UK Data: BoE interest rate decisions, CPI (July 19), Retail Sales. U.S. Data: Fed meetings, Non-Farm Payrolls (August 4), CPI. Global Catalysts: Brexit updates, geopolitical tensions. Contingency Plan Upside Risk: A BoE rate hike surprise or weak U.S. data could reverse the trend. Tighten stops if price breaks above 1.3870. Alternative Scenario: If the drop stalls near 1.3750 (support), secure partial profits and trail stops.
Short
by LORDOFTHETRADERS
GBP/USD: The Bear's Ride Down the TrendAs I assess the GBP/USD market today, I see that the current price is 1.32466, and I’ve taken a sell position at 1.32480, which is moving well. Based on recent fundamentals, technical indicators, and historical weekly data, here’s my full market breakdown: Fundamentals & Economic Outlook Recent US economic data has provided mixed signals for the dollar: Initial & 4-Week Jobless Claims: Came in lower than expected, signaling a stronger labor market, which supports USD strength. Continuing Jobless Claims: Higher than expected, showing some lingering unemployment pressure. Housing Starts: Significantly below expectations, hinting at weakness in real estate. Building Permits: Surpassed expectations, suggesting future construction remains strong. Looking ahead to next week, key events will shape price action: UK S&P Global PMIs: If manufacturing and services figures improve, GBP may gain traction. US PMIs & Home Sales: Expected to trend lower, possibly weakening USD momentum. UK Retail Sales (Friday): Anticipated to drop significantly, which could weigh on GBP. US Michigan Consumer Sentiment: Forecasted to decline, potentially putting USD under pressure. With these fundamental factors, GBP/USD faces mixed conditions—potential volatility ahead. Momentum readings show caution for bulls: Short-term (1-minute to 15-minute) indicators suggest mild consolidation. The 1-hour and daily charts indicate GBP/USD is overextended compared to historical averages. Weekly and monthly averages are much lower (~1.27047 and 1.23141), signaling the risk of mean reversion. Trading Strategy & Considerations Since I’m already in a sell position, I’m watching support levels closely for profit-taking zones. If price dips near 1.3100, I might secure partial profits before assessing further downside potential. I’ll keep an eye on daily EMA (~1.25176) as a deeper support that might act as a turning point. Technical divergences (such as the Accumulation Distribution Oscillator) hint at distribution pressure, reinforcing my bearish bias. With all this being said, i'm looking for a new pair to dive deep into. What do you recommend and why? Im all ears! also dont hesitate to reach out id love to talk about forex! :) im in the works of creating a youtube page and maybe a X account. Hope to reach some of you there as well. p.s i love this shit!
Short
by Sel_Ali
GBP/USD Pullback PotentialIt took awhile for Cable to finally mount a rally above the 1.3000 handle. That price was resistance multiple times in March, but it wasn't until the next month that prices were able to finally sustain a push above the big figure. It wasn't exactly a clean trend, especially considering the sell-off on April 4th, which broke through a number of supports; but the response that was intense as GBP/USD jumped back-above 1.3000 and ran all the way into 1.3250. Which presents us with the current scenario... Wednesday brought an indecision candle right at that psychological level and so far today on Thursday, there's more indecision showing. This doesn't necessarily portend reversal but it does highlight that bulls may want to try to be patient here and look for a pullback. For support, both the Fibonacci level at 1.3105 and the psychological level at 1.3000 were resistance on the way up but have yet to show support after the breakout. Bulls holding higher-lows at either of those spots keeps the door open for continuation into longer-term resistance around Fibonacci levels at 1.3328 and 1.3414. - js
by FOREXcom
GBPUSD – Liquidity Sweep & Bearish Market Structure ShiftGBPUSD is showing signs of a potential liquidity grab above a key high. Just above that liquidity area, there’s a Fair Value Gap (FVG), which adds confluence for a potential bearish reversal. Once the buy-side liquidity is swept, I’m anticipating a bearish Market Structure Shift (MSS). If price returns to the FVG after the shift, that zone would be a potential area for a short entry. Confluences: Liquidity above a key high FVG located just above the liquidity zone Expected bearish MSS after the sweep Looking for price to revisit the FVG to confirm a short setup with clean risk management.
by SAJILKVS
GBPUSD Are the Bears back? I closed my previous long trade at 1.32274 after assessing the historical price action, fundamental data, and technical indicators. Now, I’m shifting my focus to waiting for bearish signals before entering a short position. Key Market Analysis Fundamental Overview U.S. Jobless Claims data came in stronger than expected (215K vs. 225K forecast), reinforcing USD strength, which could pressure GBP/USD lower. Continuing Jobless Claims were higher (1885K vs. 1870K forecast), showing some softness, but overall, labor market data supports a stronger dollar. Housing Starts dropped sharply (1.324M vs. 1.42M forecast), but Building Permits beat expectations (1.482M vs. 1.45M). This mixed housing data isn’t enough to offset USD’s strength from labor numbers. Technical Overview Immediate Resistance: 1.3245 – GBP/USD has struggled to break this level, indicating sellers are defending it. Major Resistance: 1.3265 – If price breaks above 1.3245, this would be the next selling opportunity before further upside. Immediate Support: 1.3225 – Holding this level is critical for bulls; failure could accelerate a move downward. Major Support: 1.3205 – If price falls below 1.3225, this will be the next logical downside target. My New Trade Plan: Waiting for Bearish Confirmation Now that I’ve closed my long trade, I’m waiting for a short entry based on the following setup: Best Bearish Entry: Between 1.32350–1.32450, close to resistance where sellers have been active. Confirmation Needed: I’ll wait for price rejection near 1.3245, along with weak momentum indicators before entering a short position. Next Steps I’ll monitor price action closely to confirm a strong rejection at 1.3245 before entering a short trade. If GBP/USD pushes above 1.3245 and holds, I’ll wait for a better short entry near 1.3265. If price breaks below 1.3225, I’ll assess the strength of the downward momentum and potentially enter a trade with 1.3205 as my first target. At this point, I’m patiently watching the market to ensure I have the strongest bearish setup before committing to a new position.
by Sel_Ali
GBPUSD Set To Fall! SELL! My dear followers, This is my opinion on the GBPUSD next move: The asset is approaching an important pivot point 1.3239 Bias - Bearish Safe Stop Loss - 1.3308 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.3099 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
Price will arrive POI soon Volume, Liquidity, and Reaction – Price Mechanism Volume is a way to observe the raw price activity in the market. It is the first thing to look out for before searching for money or liquidity. For example, if I want to sell or buy something, I would rather go to a place where there are plenty of people who can potentially buy it, or to a place where the item is sold in bulk. That’s volume. Liquidity: Topic for another day. Reaction: refers to how the price behaves around your levels. Is the price reacting to your level?
Short
by sifitrend