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British Pound / U.S. Dollar

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GBPUSD trade ideas

GBP/USD Flag & Pole Wait For Breakout!Massive Bullish Setup Loading — Eyes on the Breakout! 🧠 Technical Breakdown: GBP/USD is forming a classic Flag and Pole pattern on the chart — a powerful bullish continuation signal. After a sharp rally forming the pole, price is now consolidating in a flag just under resistance. We're watching for a clean breakout above 1.3337 to confirm the next bullish leg. 📍 Key Levels: ◾ Pattern: Flag and Pole — bullish continuation ◾ Entry (Breakout Confirmation): 1.3337 ◾ Target: 1.3887 — projected from pole height ◾ Stop Loss: Below the flag’s lower support (set based on structure) 🎯 Trade Plan: 🔵 Buy After Breakout: Above 1.3337 🔻 Stop Loss: Below the flag’s bottom 🎯 Take Profit: 1.3887 ⚠ Pro Tip: Let the breakout happen first! Enter only after confirmation with volume and momentum — this avoids false breakouts. Let’s stay sharp and catch the wave when it breaks — GBP/USD could deliver big pips ahead!
Long
by BullsTrendAnalyst
1
GBPUSD SWING: +1000 Pips Later, GU Is Still Climbing in Stealth 🧠 Last Idea Recap from Early Feb 2025: - We previously caught a multi-leg upside off the bottom channel (~1.2550) with over 350 pips in structured recovery. - Price is now grinding within upper consolidation, testing the 1.3315–1.3350 supply shelf. Note: Check out the previous Idea from related publications to verify. Update: GBPUSD has now delivered over 1000+ pips in swing structure from the bottom breakout (1.2550s), with even more gains harvested through intra-day and scalp setups inside this multi-week ascending channel. Recent UK macro strength (GDP beat across MoM, QoQ, YoY) injected new life into price action, adding fundamental confluence to the clean bullish technicals already building. Price continues to respect the rising structure with higher lows and controlled consolidation near a breakout shelf at 1.3350–1.3375. 🔍 Current Structure : - Bullish flag forming near key supply zone - No sign of distribution or exhaustion - Channel still intact, buyers defending every dip Next Leg: - Break and hold above 1.3375 could fuel another 100–150 pip run toward 1.3470 and eventually 1.3550+ - Short-term traders: watch for a stop-hunt sweep before the real move Entry Notes: - Use lower timeframes (4H/1H) for confirmation wicks, volume spikes, or engulfing candles - Avoid getting trapped on the first breakout candle—look for retest/reclaim plays Whether you’re swinging or scalping, this pair has remained one of the cleanest GBP structures in months, and this ride might not be over yet.
Long
by blamezak_trades
GBPUSD inverted FVG update!!Good day traders, we back again we an update on the setup on GBpUSD that I posted. Coming into this week on Monday we show a very strong push lower and it was anticipated for Thursday and Friday that move but because the narrative still holds and we saw price fail to close about the midpoint of the inverted FVG. Price did not only reject that level once but multiple times, price than moved away from the Inverted FVG. The green arrow shows a balanced price range that we wanna see price revisit and break past, but remember price do not move in a straight line so monitor minor reversals that can really do damage. On the 4H TF we saw break structure lower and that leg has a lot of imbalances in them!! But overall bias we bearish on GBPUsD
Short
by FxPipMaster_TebohoMatla
GBP/USD Bullish Playbook – Multi-Timeframe Strategy (May 2025)GBP/USD is in a clear daily uptrend, with price respecting an ascending channel since December 2024. A recent pullback to the 1.3200–1.3250 support zone set the stage for a bounce, aligning with a 1-hour double bottom and a 15-minute bull flag forming around 1.3300–1.3360. Key short-term levels: Support: 1.3300–1.3310 (H1 neckline & intraday trendline). Resistance: 1.3360–1.3370 (flag high and daily breakout zone). Trading plan: Buy dips near 1.3300 with stops under 1.3285. Target: 1.3360, then 1.3400–1.3450. Breakout trade: Long above 1.3370 if momentum holds. Fade scenario: Short 1.3360 rejections back to 1.3320. All three timeframes support a bullish bias into higher highs, with clean setups and tight stops. This plan favors high-RR trades in a tight range with breakout potential.
Long
by BlackCandleTrader
GBP/USD Multi-Timeframe Summary (May 13–17):GBP/USD Multi-Timeframe Summary (May 13–17): On the daily chart, GBP/USD faces strong resistance at 1.345–1.350 (double-top) and support near 1.280–1.290. The recent pullback to 1.320 aligns with the 61.8% retracement of the April–May rally. On the hourly chart, price is consolidating in a falling channel between 1.318–1.336, with a bear trap on May 8 indicating demand near the lows. A clean hourly break above 1.336 suggests momentum toward 1.345, while a break below 1.318 targets the 1.300–1.290 daily demand zone. The 15-minute chart shows a V-reversal from 1.314, followed by a tight flag between 1.318–1.322. This zone offers short-term breakout or fade trades. Key levels: Resistance: 1.336, 1.345 Support: 1.318, 1.312, 1.290 Trade triggers: Buy >1.322, Sell <1.318 (tight stops, 15–30 pip targets) Strategy: Scalp intraday flags on 15′, trade hourly range extremes, and watch for a breakout from the daily structure.
by BlackCandleTrader
GBPUSD May 11 Week in reviewGBPUSD May 11 Week in review Weekly Price is in a premium and for the last 3 weeks in a consolidation cycle. Note how both EUR and GBP haven't broke market structure on HTF like DXY has. *Monday price seeks the equal highs from Friday breaks down to create equal lows *Tuesday expands price from a discount to rally to buy side and breaks down to go into a small consolidation cycle *Wednesday in a small consolidation and in NY macro price takes minor buy side and breaks down to create equal lows in a consolidation reversing to take Wednesday’s delivery to the buy side *Thursday price opens in Asia to take buy side and breaks down the equal lows target *Friday reversal of Thursdays delivery to close in consolidation Very clean price to read hence why I am monitoring more and took a trade on Friday. Note price started the week in a discount by Tuesday was in a premium to then break down to a discount by Friday to close at the range 50 level. Fridays Delivery Price was in a discount with FVG to rebalance from Thursdays delivery and my trades target the previous sessions range 50 level. Very happy with delivery. No news Monday and Wednesday-have to watch with the huge range delivered on Friday to not impress my will on my set up formed and wait for Sundays delivery. Lead with logic, use your checklist and only trade your model.
by LeanLena
GBPUSD INTRADAY sideways consolidation support at 1.3200The GBP/USD pair continues to exhibit a bullish longer-term trend, underpinned by a series of higher highs and higher lows. However, recent price action shows consolidation within a sideways trading range, suggesting a pause or potential accumulation before the next directional move. The key technical level to monitor is 1.3200, which aligns with a prior consolidation zone and serves as a critical support area. A corrective pullback towards this level could present a buying opportunity, particularly if price action forms a bullish reversal pattern around this zone. A successful rebound from 1.3200 would likely target resistance levels at 1.3400, followed by 1.3445 and 1.3500 on a longer-term basis. Conversely, a daily close below 1.3200 would invalidate the current bullish bias and suggest a shift in sentiment. This scenario opens the door for further downside towards the next support at 1.3160, with extended losses potentially reaching 1.3116. Conclusion: While the broader trend remains bullish, GBP/USD is currently range-bound. Traders should watch for a reaction around the 1.3200 level. A bounce would reinforce bullish momentum towards 1.3400 and beyond, whereas a confirmed break below this level would signal further weakness and a possible trend shift in the near term. 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
GBPUSD Bank of England (BoE): On May 7, 2025, the BoE cut its Bank Rate by 0.25 percentage points to 4.25% (from 4.5%), with a narrow 5–4 vote. Two members wanted a larger cut, while two preferred no change. The decision reflects progress on disinflation and a slowing UK economy, though the rate remains in restrictive territory to keep inflation pressures in check. Federal Reserve (Fed): The Fed held its policy rate steady at 4.50% in May 2025, as it weighs sticky inflation against cooling growth. The U.S. labor market remains resilient, but GDP contracted slightly in Q1. The Fed is cautious, with markets not expecting cuts until later in the year. Differential: The U.S. maintains a 25 basis point rate advantage over the UK (Fed 4.50% vs. BoE 4.25%). This modest but widening gap, combined with the Fed’s more hawkish stance, generally supports the USD over GBP. Upcoming UK Economic Data in May 2025 GDP Growth: UK GDP growth has slowed since mid-2024. Four-quarter growth is projected to stay just above 1% before picking up later in the forecast period. Goldman Sachs forecasts UK GDP at 1.2% for 2025, below the BoE’s 1.5% projection, with quarterly growth expected to remain subdued. Inflation: March CPI inflation fell to 2.6% (from 2.8% in February), but is expected to temporarily rise to 3.5% in Q3 2025 due to energy price effects before falling back toward the 2% target. Domestic price and wage pressures are easing, but household inflation expectations have risen recently. Labor Market: The UK labor market continues to loosen, with slowing pay growth expected through the year. This supports the case for further BoE easing if disinflation persists. Other Data: Retail sales, business investment, and export growth remain weak, partly due to global trade developments and a tightening fiscal stance. The next key data releases in May will be GDP, CPI, and labor market figures, all closely watched for signs of further economic softening or inflation surprises. The interest rate differential favors the USD, especially with the BoE starting to cut and the Fed holding steady. Upcoming UK data (GDP, CPI, labor market) will be crucial. If UK growth and inflation slow faster than expected, the BoE may cut more aggressively, adding to GBP downside. Consensus forecast: GBPUSD is expected to remain under pressure in May. In summary: The GBPUSD pair faces a modest downside bias in May 2025, driven by a slight USD rate advantage, a dovish BoE, and subdued UK growth and inflation data. Key economic prints this month-especially on inflation and labor-will determine whether the BoE accelerates cuts, which would further weigh on sterling
Short
by Shavyfxhub
GBPUSD BULLISH OR BEARISH DETAILED ANALYSISGBPUSD is currently trading around 1.33400 and is displaying a promising bullish setup. The price action is coiling within a symmetrical triangle, which typically signals a potential breakout. A clear bullish structure has already formed following the recent impulse wave, and with the consolidation tightening, we are now closely watching for a breakout to the upside. The expected bullish breakout aligns with the projected target of 1.36000, offering a strong risk-reward opportunity for trend-following traders. From a fundamental standpoint, the British pound is showing resilience despite broader dollar strength. Recent comments from the Bank of England have maintained a cautious yet firm tone regarding inflation control, hinting at the potential for rates to stay elevated longer than markets previously priced in. Meanwhile, the U.S. dollar index has seen some pressure amid mixed economic data and increasing speculation that the Federal Reserve may hold rates steady in the upcoming sessions. Technically, GBPUSD remains well-supported above the 1.32500 level, with buyers defending key horizontal and trendline support areas. The recent compression in price suggests that volatility is about to expand, typically favoring the direction of the initial trend, which in this case remains bullish. Momentum indicators are beginning to curl higher, further supporting a breakout scenario. In summary, GBPUSD is setting up for a high-probability bullish continuation. A confirmed breakout from the triangle could ignite a fresh rally toward 1.36000, especially if supported by dovish Fed rhetoric and firm UK economic sentiment. This setup is one to watch closely as it aligns both technically and fundamentally, positioning it as a favorable opportunity for medium-term swing trades.
Long
by AndrewsMarket-Mastery
14