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British Pound / U.S. Dollar

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GBPUSD trade ideas

GBP/USD 4H Analysis – Bullish SetupHello Traders 👋 Market Structure & Trend: • GBP/USD is currently in an uptrend, forming higher highs and higher lows. • The price is near a resistance zone, where a rejection or breakout could define the next move. Key Levels & Zones: • Resistance Zone (Blue Box at the Top): Around 1.2750 - 1.2800 • Support Zone (Blue Box in the Middle): Near 1.2550 - 1.2600 • Major Support (Lower Blue Line): Around 1.2350 Market Expectation: • A rejection from resistance could push the price down toward the support zone (1.2550 - 1.2600). • If price respects support, it could bounce back up toward 1.2750 - 1.2800, maintaining the bullish structure. Trading Plan: • Buy Setup: Look for a bullish confirmation in the support zone (1.2550 - 1.2600). • Entry: Near 1.2580 (after price shows a reversal pattern). • Targets: • TP1: 1.2700 • TP2: 1.2750 - 1.2800 • Stop Loss: Below 1.2500 Note: Wait for confirmation before entering the trade to avoid false breakouts.
by Singnals_provider_King
1
GBP - USD - 4H & 1H Timeframes1. Price Action Analysis (4H & 1H Timeframes) Market Structure & Trend The 4H chart shows a clear uptrend from mid-February, but recent price action indicates rejection from the highs (~1.2700) and a retracement towards lower levels. The 1H chart reveals a series of lower highs and lower lows, confirming short-term bearish momentum. The price is currently sitting around 1.2575, showing a weak attempt at recovery. Key Levels & Patterns Resistance: 1.2700 - 1.2720 → Recent swing high, strong supply area. 1.2650 - 1.2660 → Prior support now acting as resistance after a breakdown. Support: 1.2550 - 1.2560 → Current price area, possible demand zone. 1.2500 - 1.2510 → Strong psychological level, previous reaction point. Patterns Observed: Breakdown from recent support (1.2650) → Retest of this level could provide short opportunities. Bearish rejection at highs → Suggests sellers are in control. 2. Breakout & Retest Analysis The price recently broke below 1.2650 and has not reclaimed that level, signaling potential continuation downward. 1.2580 - 1.2600 zone is acting as temporary support, but weak bullish momentum suggests a possible break lower. 3. Potential Trading Setup 📉 Short Setup (Sell Opportunity) Entry: 1.2600 - 1.2620 (If price retests broken support and rejects) Stop-Loss: 1.2670 (+50-70 pips, above recent structure) Take-Profit Targets: TP1: 1.2550 (Partial profit, +50 pips) TP2: 1.2500 (Key support, +100 pips) TP3: 1.2450 (Final target, +150 pips) Risk-to-Reward Ratio: At least 1:2 (Better if entering at 1.2620) Alternative Bullish Setup (If Price Reclaims 1.2650) If price breaks above 1.2650 and holds, it could invalidate the bearish setup and lead to a push towards 1.2700+. 4. Upcoming Market Events to Watch US Economic Data (NFP, CPI, or FOMC Speech) → Could drive USD volatility. UK Economic Announcements (BoE Statements, Inflation Data) → Impact GBP strength. Dollar Index (DXY) Movements → If DXY strengthens, GBP/USD could drop further. Final Thoughts Bearish Bias unless price breaks above 1.2650. Watch for 1.2580 breakdown for additional selling confirmation. Only consider longs above 1.2650 with strong bullish confirmation.
Short
by ShlomoYahbes
GBPUSD Wave Analysis – 28 February 2025 - GBPUSD reversed from the resistance zone - Likely to fall to support level 1.2530 GBPUSD currency pair recently reversed from the resistance zone between the resistance level 1.2700, the upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from September. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Evening Star which ended the previous impulse wave (3). Given the overbought daily Stochastic, GBPUSD can be expected to fall to the next support level 1.2530 (former resistance from the end of January).
Short
by FxProGlobal
GBP/USD Breakdown – Bearish Momentum Gaining Strength!Analysis & Description: The GBP/USD pair has broken out of an **ascending trendline**, signaling a potential **trend reversal** to the downside. The price is currently trading near the **1.25986 support level**, with bearish pressure increasing. #### **Key Observations:** 🔻 **Trendline Break:** The price failed to sustain the bullish trend, leading to a downside correction. 🔻 **Lower High Formation:** Price action suggests a potential continuation of the **bearish structure**. 🔻 **Bearish Targets:** The next support levels to watch are **1.25012** and **1.24020**, which align with past price action. ### **Trading Plan:** 📉 **Bearish Scenario:** - If the price **fails to reclaim 1.25986**, expect further downside toward **1.25012** and **1.24020**. - A potential **pullback to retest resistance** before further decline is possible. ⚠️ **Bullish Risk:** - If the price **reclaims 1.26510**, it could invalidate the bearish setup and resume the previous uptrend. ### **Final Thought:** GBP/USD is at a **critical breakdown level**, and traders should watch for a potential **pullback or continuation** before entering trades. Stay cautious and manage risk wisely! 🚨📊
Short
by NexusTradesZone
The Day Ahead 05th March ’25 Wednesday March 5 Data: US February ISM services, ADP report, January factory orders, China February Caixin services PMI, UK February new car registrations, official reserves changes, France January industrial production, Italy February services PMI, January retail sales, Eurozone January PPI, Canada Q4 labor productivity, Australia Q4 GDP, Switzerland February CPI Central banks: Fed's Beige Book, BoJ's Uchida speaks, BoE's Bailey, Pill, Greene and Taylor speak Earnings: Marvell, adidas, Zscaler, Bayer, Sandoz, Abercrombie & Fitch 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
GBP/USD - Technical Analysis & Market Sentiment📉 Bearish Bias ✅ Rejection at 4HR Resistance - Price failed to break above 1.27150, signaling selling pressure. (+2) ✅ Short-term Lower Highs - Market structure showing weakness with minor lower highs. (+1) ✅ Potential Breakdown of 1HR Support - If support at 1.26086 fails, further downside likely. (+1) 🔻 Total Bearish Score: 4 📰 Sources: Resistance & Price Action - XTB Market Structure & Bearish Signals - IFC Markets 📈 Bullish Bias ✅ 4HR Uptrend Still Holding - Price respecting the ascending trendline. (+2) ✅ Strong 1HR Support Zone - Buyers defending 1.26086 - 1.25640. (+2) ✅ Bullish Reversal Setup - If price forms a strong rejection at support, upside potential remains. (+1) 🔹 Total Bullish Score: 5 📰 Sources: Trendline & Support Zones - XTB Bullish Reversal Patterns - RoboForex 📊 Sentiment & Market Factors 📉 Stronger USD (- Bearish) - U.S. economic data supports USD strength. Source 📈 UK Inflation Concerns (+ Bullish) - Sticky inflation could keep GBP supported. Source 📈 BOE Rate Expectations (+ Bullish) - Bank of England remains cautious on rate cuts. Source 📌 Final Bias: Slightly Bullish (Score: 5 vs 4)
Long
by FaithdrivenTrades
pound quant zones thursday and possibly fridaypound's macro factors are bearish into march despite flow into pound due to being tariff neutral If US cpi news spike cable higher, great opportunity for breakdown shorts due to dollar smile theory already in hedging zone. gbpcad, gbpaud and gbpnzd also already in hedging zone wicked tops for shorting Check out our socials for some nice insights. Let us know if there're any pair you like to see or if this is something you like. Do ask if you have any question Not as refined as our direct trade setups. More for advanced active traders. information created and published doesn't constitute investment advice! NOT financial advice
by Mabelm
GBP/USD: Bullish Short-Term Move Towards Liquidity at 1.2700📊 Market Structure & Key Levels GBP/USD is currently trading around 1.2650, sitting at a key demand zone while maintaining a bullish structure on the 4H timeframe. The pair has been showing signs of accumulation and could be setting up for a liquidity grab towards 1.2700 - 1.2708 before any potential reaction. 🔍 Trade Setup: Bullish Bias Towards Liquidity Pool BUY Entry Zone: 1.2640 - 1.2650 Target 1 (TP1): 1.2690 (Minor Liquidity Grab) Target 2 (TP2): 1.2700 - 1.2708 (Institutional Resistance) Stop Loss (SL): 1.2625 (Below Demand Zone & Fibonacci Support) 📈 Why Take This Trade? ✔️ Bullish Structure Intact – Price is above key moving averages (6 EMA, 24 EMA, 72 EMA), and the Supertrend remains bullish. ✔️ Institutional Liquidity at 1.2700+ – Major market players have orders sitting above this level, making it a prime target. ✔️ Demand Zone & Fibonacci Support – Price is reacting from 1.2640-1.2650, aligning with Fibonacci retracement and historical demand zones. ✔️ Order Flow Confirms Strength – Market depth shows strong buy-side interest at current levels, supporting a push higher. 📰 High-Impact News to Watch ⚠️ Fed Chair Powell Testimony (Feb 27, 2025) – Powell's remarks on inflation and future rate hikes could bring volatility to GBP/USD. Any hints of a hawkish Fed stance may strengthen the USD, leading to potential pullbacks. ⚠️ UK GDP Data (Feb 29, 2025) – A weaker-than-expected print could weigh on GBP, while a positive surprise might fuel further upside. 📌 Final Thoughts: Trade Smart & Manage Risk! I’m keeping a close eye on the reaction at 1.2700-1.2708. Bulls have the upper hand, and liquidity above should get taken. Let’s see how price action unfolds! 🔥 What’s your bias? Drop your thoughts in the comments! 🔥
Long
by LDForex_
2
GBPUSD BEARISH FOR 80PIPSTechnical Indicators: A break below a key support level. Bearish candlestick patterns such as shooting stars or engulfing candles. A negative crossover in moving averages (e.g., 50-period crossing below the 200-period). RSI (Relative Strength Index) showing overbought conditions, signaling a potential reversal. Fundamental Factors: Economic data releases that are negative for the UK economy, such as poor GDP growth, disappointing employment reports, or a lower-than-expected inflation reading. Interest rate decisions or statements from the Bank of England that are dovish. Stronger-than-expected US data, such as better-than-expected non-farm payrolls, inflation, or GDP figures, which could support the US dollar. Market Sentiment: If broader risk sentiment turns negative, investors may flock to the US dollar as a safe-haven asset, putting further downward pressure on GBP/USD.
Short
by LORDOFTHETRADERS
GBPUSD Is Very Bearish! Short! Take a look at our analysis for GBPUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.283. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.276 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
Bullish Cable The Weekly Time frame remains bullish until the Weekly Bearish FVG due to the weekly time frame retracement, although the weekly time frame price structure is still bearish, the weakness in Dollar index makes me doubt the Cable Bears. On the Daily time frame, the GBPUSD(Cable) took out a significant recent swing high changing the daily price structure from bearish to bullish, I will now look for support ideas to buy the cable. My point of interest has been indicated on the daily chart
Long
by Forex_Sensei
GBP/USD Market Analysis – Breakout or Breakdown?### **📊 GBP/USD Market Analysis – Breakout or Breakdown? 🚀📉** GBP/USD is currently moving between **1.27100 and 1.26900**, consolidating within a narrow range. The market is at a **critical decision point**, with a key **support level at 1.26800** and **resistance at 1.27200**. Traders should watch for a **breakout or breakdown** before taking action. --- ### **📈 Bullish Scenario (Breakout Above 1.27200)** - If GBP/USD **breaks and closes above 1.27200**, it could signal a **strong uptrend continuation**. - Buyers may push the price higher toward new resistance levels. - This would confirm bullish momentum, offering potential **buy opportunities**. --- ### **📉 Bearish Scenario (Breakdown Below 1.26800)** - If the price **drops below 1.26800**, it could indicate a **bearish move**, triggering further downside. - Sellers may gain control, leading to potential **sell opportunities**. - A break below support can push the price even lower, confirming bearish momentum. --- ### **📌 Trading Plan & Risk Management** ✔ **Wait for confirmation** before entering a trade. ✔ **Use stop-loss levels** to minimize risk. ✔ **Trade with discipline** and follow price action. ✔ **Secure profits gradually** based on market movement. 🔥 **Patience is key! Wait for the right entry, follow risk management, and maximize success! 🚀📊**
by smarttradingstar