Chart Analysis (GBPUSD – 30min)
Pattern: Rising Wedge
Setup Type: Bearish Reversal
Current Price Action: Price touched the upper resistance of the wedge and rejected (highlighted with a yellow circle).
⸻
Trade Setup: Short (SELL)
• Entry Zone: Around 1.33027
• Stop-Loss (SL): 1.33233 (above wedge resistance)
• Take Profit Targets:
• TP1: 1.32716 (nearest support)
• TP2: 1.32170 (next key support)
• TP3: 1.31656–1.31467 (major support zone)
⸻
Confirmation Indicators:
• ST_Squeeze_Pro shows bullish momentum peaking—indicating a possible reversal incoming.
• Candle rejection at wedge resistance supports bearish bias.
⸻
Verdict:
This is not a falling wedge bullish setup. Based on the actual chart:
• It’s a rising wedge, which is a bearish reversal pattern.
• So, it’s a short trade setup (SELL), not a long.
GBPUSD_SPT trade ideas
Gbpusd weekly double top looking more promising now..GBPUSD weekly chart double top seems to be wanting to play out .. it’s only right being that it’s reaching weekly highs . A break of 1.3200 would be vital for the sellers to take over the market . Meanwhile buyers trying to hodl but will it be enough for the bulls ? I’m smaller timeframes (4H , 1H) we can see some small retracement happening maybe up to 1.3260 area .. just about ! Will be monitoring this pair closely . Keep in mind EurUsd and XauUsd kinda correlate with GU
GBPUSD Forecast: Watching 1.3000–1.3060 Zone for Bullish ReactioCurrently, GBPUSD is showing signs of weakness and may dip slightly towards the 1.3000 to 1.3060 area. A daily Fair Value Gap (FVG) exists in this zone on the lower timeframes, which could act as a strong support area. From that point, we may see a significant bullish move.
In summary:
Current Bias: Short-term bearish
Expected Retrace: To the 1.3000 – 1.3060 zone (daily FVG)
Expected Move: Strong bullish rally from that support
Please note that this is a technical outlook, not financial advice. Always do your own analysis and manage risk carefully in live market conditions.
GBPUSD's Upward Reaction from Point "D" Could Stay LimitedGBPUSD broke below the 1.3210 support level, confirming a newly formed short-term downtrend channel. The lower line of the channel and the projected point D of an extended ABCD formation have converged, and GBPUSD is now attempting an upward reaction from that area.
The 1.3210 level has now become the most immediate resistance. If it is broken, GBPUSD could make its way toward the upper boundary of the channel. However, momentum currently favors the bears, so any upward moves may present selling opportunities, whether from 1.3210 or the upper line of the channel.
If the downtrend channel fails, this strategy becomes invalid.
Fundamental Market Analysis for May 13, 2025 GBPUSDEvent to pay attention to today:
15:30 EET. USD - Consumer Price Index
18:00 EET. USD - BOE Governor Andrew Bailey Speaks
The GBP/USD pair is climbing towards 1.3195 in the early European session on Tuesday.
US President Donald Trump said last week that he would continue to impose new 10% tariffs on imports of most British goods, but would reduce higher tariffs on imports of British cars, steel and aluminium. These positive developments related to the US-UK trade deal are fuelling cable prices.
In addition, gradual and cautious policy easing by the Bank of England is helping to boost the Pound Sterling. The UK central bank cut interest rates by a quarter of a percentage point in a split decision last week and said the risks to growth posed by Trump's global trade war did not derail its plan for cautious policy easing. The Bank of England estimates the UK economy will grow by 1 per cent, up from the 0.75 per cent forecast at its February meeting.
Traders await the release of the US consumer price index (CPI) for April, due later on Tuesday.
Trading recommendation: BUY 1.3225, SL 1.3125, TP 1.3425
Market Review - DXY / GOLD / GBPUSDDisclaimer: This analysis is based on the information available as of the date of this newsletter and is for informational purposes only. It should not be considered financial advice. Trading in financial markets involves risk, and 1 you could lose money. Conduct your own thorough research before making any investment decisions
Gbpusd signal GBP/USD fell on Monday, tumbling a little over one percent and pushing the pair back down below the 1.3200 handle after a broad-based recovery in Greenback bidding.
GBP/USD was last seen trading near 1.3160, where the 200-period Simple Moving Average (SMA) meets the Fibonacci 38.2% retracement level of the latest uptrend. In case the pair drops below this level and starts using it as resistance, technical sellers could remain interested. In this scenario, 1.3100 (50-day SMA) could be seen as next support ahead of 1.3070 (Fibonacci 50% retracement) and 1.3000-1.2990 (round level, Fibonacci 61.8% retracement).
GBPUSD 30M CHART PATTERNThis chart shows a trading setup for GBP/USD on a 30-minute timeframe. There are three marked trade entries with clearly defined Stop Loss and Take Profit levels:
1. First Trade (Long Position)
Entry: Around 1.32200
Stop Loss: Below 1.32000
Take Profit: Just below 1.33300
Result: Successful hit of take profit.
2. Second Trade (Short Position)
Entry: Near the top after the prior rise (~1.33000)
Stop Loss: Slightly above entry (~1.33100)
Take Profit: Reached well below the entry
Result: Successful hit of take profit.
3. Third Trade (Long Position, Current)
Entry: Around 1.31700–1.31800
Stop Loss: Below 1.31600
Take Profit: Above 1.33100
Status: Trade is still active; price is hovering near entry.
If you want a breakdown of the risk-reward ratios or entry logic (e.g., support/resistance, candlestick patterns), let me know!
GBPUSD:Sharing of the Latest Trading StrategyToday,we have successfully achieved a target of 120 points. resulted in profits! Check it!👉👉
Today, the GBP/USD exchange rate is 1.3171, a decrease of 0.98% compared to the opening price. Affected by the easing of Sino-US trade relations, the US dollar continues to strengthen, and more trade agreements are expected to be released in the future, with a strong bullish expectation for the US dollar. Technically, the momentum indicator of GBP/USD is trending lower, and the initial support is at 1.3150. In terms of trading operations, it is recommended to wait until the GBP/USD rebounds to the resistance range of 1.3275-1.3250, and then open a short position with a small position.
Trading Strategy:
sell@1.3275-1.3250
TP:1.3150-1.3100
The signals in the Signature have brought about continuous profits, and accurate signals are shared every day. Hurry up and click to get them!
👇 👇 👇 Obtain signals👉👉👉
Head and shoulders pattern formed - downtrend🔔🔔🔔 GBP/USD news:
➡️ The daily recovery of GBP/USD seems to have met some temporary resistance just above the 1.3200 level on Monday. The pound remains well on the defensive amid renewed buying interest in the greenback. The US dollar has strengthened further following the agreement between the US and China to significantly reduce tariffs and implement a 90-day truce.
Personal opinion:
➡️ The positive US-China trade deal has led to a strong recovery in the strength of the USD, and today's economic calendar will not have any data that will have a major impact on the GBP/USD pair. Therefore, the downtrend of this pair remains intact.
➡️ Analysis based on important resistance - support and Fibonacci levels combined with price action to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Sell GBP/USD 1.3190- 1.3200
❌SL: 1.3235 | ✅TP: 1.3130 - 1.3060
FM wishes you a successful trading day!
GBPUSD is in the Selling DirectionHello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EUR/CAD (Trade Recap), USD/JPY (Trade Recap) and GBP/USD Long GBP/USD Long
Minimum entry requirements:
• 1H impulse up above area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
GBP/USD Price Action Update – May 12, 2025📊 GBP/USD Price Action Update – May 12, 2025
🔹Current Price: 1.32865
🔹Timeframe: 15M
📌 Key Zones to Watch:
🔴 1.33119 (F++ Zone) – High-risk sell area. Try only with minimal risk and tight SL.
🟢 1.32535 – 1.32105 – Multiple stacked demand zones (H1 to H4) indicating strong support. Best to wait for confirmation before entering longs.
⚡️ Scenario 1 – Sell Reaction:
If price taps 1.33119 and shows M15 rejection or bearish structure shift, short entries with minimum exposure may be considered.
⚠️ Scenario 2 – Bullish Continuation:
If price bounces cleanly from 1.325xx–1.321xx zones with BOS on lower TF, bullish structure could resume toward 1.333+ targets.
🔍 FXFOREVER Insight:
✅ Avoid aggressive entries in no-man’s-land
✅ Wait for price to hit extremes (supply or demand) with clear confirmation
✅ Multiple timeframe confluence = higher win probability 🎯
#GBPUSD #FXFOREVER #SmartMoneyConcepts #ForexAnalysis #PriceAction #BreakoutOrReversal #LondonSetup #SniperEntry