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GBP/USD_SPT - GBP/USD

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GBPUSD_SPT trade ideas

Fundamental Market Analysis for April 30, 2025 GBPUSDThe GBP/USD pair continues to fall for the second consecutive session, hovering near 1.3390 during Asian trading on Wednesday. The pair has been under pressure as the US dollar has strengthened amid renewed optimism over trade developments between the US and China. Traders are now turning their attention to the upcoming release of the March Personal Consumption Expenditure (PCE) price index, which is a key inflation gauge for the Federal Reserve. The U.S. Dollar Index (DXY), which measures the dollar's exchange rate against six major currencies, remains above 99.00, suggesting U.S. Treasury yields are rising. The 2-year and 10-year US bond yields broke a four-day losing streak and were trading around 3.66 per cent and 4.17 per cent respectively at the time of writing. On the data front, the JOLTS US job openings report released on Tuesday showed a decline in the number of open positions to 7.19 million in March - the lowest level since September 2024 - indicating a cooling in labour demand. The figure fell short of expectations and emphasised growing economic uncertainty. Adding to GBP/USD's decline are rising expectations that the Bank of England (BoE) will cut rates at its May meeting. Lower inflation expectations in the United Kingdom (UK) and increasing global economic factors favour a rate hike. Bank of England Governor Megan Green recently stated that tariffs proposed by US President Donald Trump could lead to lower inflation in the UK, although significant uncertainties remain over the broader economic impact and recent tax hikes for employers. Trading recommendation: SELL 1.3390, SL 1.3420, TP 1.3300
Short
by Fresh-Forexcast2004
GBPUSD SHORT FORECAST Q2 W18 D30 Y25GBPUSD SHORT FORECAST Q2 W18 D30 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Weekly order block rejection ✅Daily order block rejection ✅Daily high rejection ✅Daily imbalance fill targets 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
GBPUSD movement predictionLooking at price action we have a lot of upside potential but we currently have a massive imblaance below after all the tarriff chaos. expecting a quick touch on the supply above with an expectation to collect all of the imbalance below ready for a drive to the zone you can see at the top of the chart. These are supply zones which are still left open from June 21 and Feb 22 with some major imbalances directly after them on the daily. Confluence for the touch on supply zone is the equal highs created which will leave us with some liquidity above. This paired with the open supply should give us some decent selling power to come back to the downside for the demand. Confirmation needed for any move from these zones.
by craiguu1z1
GBP/USD – 1992 Replay | George Soros “Broke the Bank” TradeHistorical Context Summary: This chart revisits the iconic 1992 short by George Soros against the British Pound, which ultimately forced the UK to abandon its currency peg and exit the European Exchange Rate Mechanism (ERM). The marked zones reflect the approximate levels where Soros reportedly initiated and closed his short position, anticipating a collapse of the GBP against the USD. Real-time Trade Thesis: Soros identified that the British economy was fundamentally too weak to sustain a fixed exchange rate against the Deutsche Mark, enforced through the ERM. Inflation was high, the economy was slowing, and the government was hiking rates and burning through reserves to defend the pound. Meanwhile, Germany’s economy was far stronger, making the GBP significantly overvalued relative to its fundamentals. The Quantum Fund went short over £10 billion worth of GBP using highly leveraged positions, primarily via GBP/USD. On September 16, 1992 ("Black Wednesday") , the Bank of England capitulated after failing to hold the peg, and the pound collapsed—securing Soros one of the most profitable trades in history with over $1 billion in gains. Technical Analysis Context: This GBP/USD chart highlights the upper “order activation” zone where Soros began scaling into his short, as price stalled near the artificially defended level. As speculative pressure intensified, the central bank’s interventions failed, leading to a violent breakdown. The lower box marks the approximate range where Soros likely began closing the trade and locking in profit as the peg failed and panic selling set in. Key Lessons: Pegged currencies can’t defy economic fundamentals forever. Macro conviction + tactical timing = asymmetric return. Central banks can lose to coordinated market pressure. Use leverage wisely, only when your thesis is airtight. Liquidity stress often precedes capitulation—watch reserve flows and bond yields. History leaves patterns—legendary trades repeat in new forms across cycles.
Education
by GreenZoneCapital
GBPUSD H1 I Bullish Bounce Off the 61.8%Based on the H1 chart analysis, the price is falling toward our buy entry level at 1.3339, a pullback support that aligns with the 61.8% Fibonacci retracement. Our take profit is set at 1.3411, an overlap resistance. The stop loss is placed at 1.3285, an overlap support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
Bullish bounce?The Cable (GBP/USD) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 1.3338 1st Support: 1.3276 1st Resistance: 1.3442 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
Sterling Bulls Wrestle 2024 HighsThe British Pound has rallied more than 11.1% off the yearly low with GBP/USD trading into uptrend resistance at fresh yearly highs. Building momentum divergence highlights the risk for exhaustion here and while the broader outlook remains constructive, the immediate advance may be vulnerable near-term while below this slope. Initial support rests with the objective weekly open at 1.3313 and is backed by the April opening-range high (ORH) at 1.3207. A break / close below the median-line would be needed to suggest a more significant high was registered this week / a larger correction is underway. Subsequent support seen at 1.3111 with broader bullish invalidation raised to the 1.30-handle. A topside breach / close above the upper parallel would expose subsequent topside objectives at the 2019 high at 1.3515 backed by the 1.36-handle and the 2022 high-day close (HDC) at 1.3705- both levels of interest for possible topside exhaustion / price inflection IF reached. The British Pound rally off the yearly lows has extended into uptrend resistance at the yearly highs on building bearish momentum divergence- mounting risk for exhaustion here. From a trading standpoint, a good zone to reduce portions of long-exposure / raise protective stops- losses should be limited to 1.32 IF price is heading higher on this stretch with a close above the upper parallel needed to fuel the next leg of the advance. -MB
by FOREXcom
GBP/USD Opening Trends and Trading Strategies Next WeekTrend Analysis Examining the 4 - hour chart of GBP/USD, the pair is distinctly navigating an upward trend. A series of successive higher highs and higher lows have been established, serving as a robust testament to the dominant strength of the bulls 🐂. This upward momentum indicates that the bulls are firmly in the driver's seat, consistently pushing the price higher and maintaining control over the market sentiment. Key Levels Support Area The 1.3200 - 1.3240 range emerges as a crucial support zone on the chart. Historical price action reveals multiple instances where the price has found strong support in this area, bouncing back with resilience each time it approached. This repeated pattern underscores the presence of substantial buying pressure, as market participants actively step in to defend this price level. Should the price retrace towards this support zone again, it could potentially present a lucrative opportunity for traders to initiate long positions 💰. Target Area The 1.3420 mark has been identified as a significant target level. In the event that the price successfully breaks free from its current consolidation phase and continues its upward trajectory, there is a strong expectation that it will advance towards this target price. This level represents a potential milestone for the bullish rally, and reaching it would further validate the strength of the upward trend 🎯. Trading Strategy Long - position Strategy For traders looking to capitalize on the bullish trend, a well - timed entry point could present itself when the price retraces to the 1.3200 - 1.3240 support area. Once there, the appearance of a bullish candlestick pattern, such as a hammer or an engulfing pattern, can serve as a signal to consider entering a long position. To manage risk effectively, it is advisable to set the stop - loss just below the support area, protecting against any unexpected downward movements. With the 1.3420 target area in sight, traders can aim for a profitable trade as the price moves in the anticipated upward direction 📈. ⚡⚡⚡ GBPUSD ⚡⚡⚡ 🚀 Buy@1.32000 - 1.32400 🚀 TP 1.33500 - 1.34000 Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟
Long
by Sovereign-
GBP/USD M15 – Breakout AlertGBP/USD M15 – Breakout Alert The GBP/USD pair on the 15-minute timeframe is showing a potential buying opportunity following the breakout of a consolidation pattern. This breakout indicates a possible shift in momentum to the upside, increasing the likelihood of continued bullish movement in the near term. Trade Idea – Long Setup: Entry: Consider entering around the trendline zone of the breakout pattern (approx. 1.32200–1.32300). Target 1: 1.33214 Target 2: 1.33600 Stop Loss: Below recent structure low or Ichimoku cloud support. This setup is backed by momentum indicators and breakout structure. Keep an eye on volume and price action near the entry zone for confirmation. If you find this analysis helpful, please hit the like button and drop a comment to support! Your engagement motivates me to keep sharing more setups and insights. Best regards, JAMES_GOLD_MASTER_MQL5
by JAMES_GOLD_MASTER_MQL5
GBPUSD Sell and Buy Trading PlanH4 - We have a clean bullish trend with the price creating a series of higher highs, higher lows structure This strong bullish move ended with a bearish divergence While measuring this strong bullish move using the Fibonacci retracement tool we have two key support zones that has formed (marked in green) So based on this I expect short term bearish moves now towards the Fibonacci support zones and then continuation higher. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 -------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VladimirRibakov