USDGBP trade ideas
GBPUSD(20250612)Today's AnalysisMarket news:
① The EU hopes that the trade negotiations will be extended beyond the suspension period set by Trump. ② Bessant: As long as "sincerity" is shown in the negotiations, the Trump administration is willing to extend the current 90-day tariff suspension period beyond July 9. ③ Trump will hold multiple bilateral talks during the G7 summit. ④ The total customs revenue of the United States reached a record high of US$23 billion in May, an increase of nearly four times year-on-year. ⑤ Lutnick: One deal after another will be reached.
Technical analysis:
Today's buying and selling boundaries:
1.3525
Support and resistance levels:
1.3627
1.3589
1.3564
1.3486
1.3461
1.3423
Trading strategy:
If the price breaks through 1.3564, consider buying in, the first target price is 1.3589
If the price breaks through 1.3525, consider selling in, the first target price is 1.3486
GBPUSD - ShortWe are looking for short positions on this trade as we are still trading within the downtrend.
We could see the market break a bit to the downside if the markets break the 1.20500 area and start to head towards the 1.19000 area and possibly the 1.18500 area.
Note: please do your own analysis before entering the position.
If you are looking to enter the market, drop down to a lower TF and wait for your confirmations to be met before entering, using the correct risk management.
Risk:Reward - 1:10
Trading For All | All For Trading
Kevin Capital
GBPUSD - ShortsFirst published idea of the year!
I am looking for the markets to pull back into the 1.28 area before looking for a potential bullish continuation.
Note(s): My entry got missed by 2.4 pips lol & the 1.26 area is a bit ambitious haha..
Lets see how markets move in the Asian session going into the London open.
GBPUSD - Long at some pointVery similar with what we are looking for in relation to EURUSD
Will wait for a mitigation of the demand at lower price. Will wait for an internal structure break before looking to get long.
Will have a nice sleep now and will re-evaluate in the morning.
Caught 2 lovely trades on this today and hopefully I may be able to catch 1 or 2 more before the week is out.
Again, if you have any questions don't be shy to get in touch
GBPUSD - Longs📈 Catching the Reversal – GBPUSD, 15min
This chart shows a strong intraday reversal captured cleanly by the ELFIEDT RSI + 3SD Reversion Strategy, combining exhaustion signals, volume confirmation, and RSI momentum.
🟢 What Happened in This Setup:
Multiple “UP” Signals Fired
The indicator generated a cluster of bullish signals as price aggressively spiked downward. These signals were triggered by a statistically extreme drop below the lower volatility band, with RSI in oversold territory and volume elevated — a clear setup for a potential bounce.
Visual RSI Confirmation
RSI reached a deep low and began curling upward from the oversold zone shortly after the signals. This shift in momentum reinforced the idea that price was bottoming out.
Strong Recovery Move
Following the signal cluster, price reversed quickly and rallied for several candles in a row, making this a great low-risk, high-reward intraday buy opportunity.
✅ How You Could Have Traded It:
Wait for "UP" signals to print — these suggest price is overstretched and may soon revert.
Watch RSI for a momentum turn upward — it adds confidence to the setup.
Look for a bullish engulfing or strong close after the signal for entry confirmation.
Consider placing stops just below the low of the signal candle and targeting the next logical resistance or structure level for exits.
🔁 Confluence Boost Tip:
If similar “UP” signals were forming on the 1H timeframe at the same price zone, this would act as a powerful multi-timeframe confluence — increasing the reliability of the reversal.
This example highlights how combining exhaustion, volume, and RSI conditions — even without divergence — can produce clear and actionable trades using the ELFIEDT strategy.
LONDON BREAKOUTLondon Breakout Strategy – GBP/USD (June 11)
In this trade, I used my usual approach by identifying the price range between 04:00 and 06:00 UTC to mark the consolidation zone before the London session.
As the London session opened, price showed bearish movement, breaking below the range. I entered a sell trade based on the breakout.
Entry (Sell): 1.34672 – Triggered as price moved below the consolidation zone.
Stop Loss (SL): 1.34917 – Set just above the early range high for controlled risk.
Take Profit (TP): 1.34305 – Targeting 1.5x the SL distance to maintain a solid risk-to-reward ratio.
This setup aims to take advantage of early London volatility with tight risk management and directional momentum.
Feel free to comment and share your ideas
Fundamental Market Analysis for June 11, 2025 GBPUSDThe GBP/USD pair continues to decline to around 1.34750 during Wednesday's Asian trading session. The pound sterling (GBP) is weakening against the US dollar (USD) due to a weaker UK employment report. Later on Wednesday, attention will shift to the US Consumer Price Index (CPI) for May.
The ILO unemployment rate in the UK rose to 4.6% in the three months to April from 4.5% previously, the British Office for National Statistics said on Tuesday. The figure was in line with expectations. Meanwhile, the change in the number of applicants for unemployment benefits in May was 33,100, compared with -21,200 previously (revised from 5,200), which is below the consensus of 9,500.
In addition, average earnings excluding bonuses in the UK rose 5.2% year-on-year (3M YoY) in April, compared with a revised 5.5% increase in the previous reading. The market forecast was 5.4%. Average earnings including bonuses rose 5.3% over the same period after accelerating to a revised 5.6% in the quarter to March. The data fell short of the forecast of 5.5%.
These figures indicate that the UK labor market is losing momentum under pressure from tax increases and the minimum wage hike by the government. This, in turn, may put some pressure on the pound sterling in the near term. “This gradual slowdown in wage growth may reassure the Bank of England after inflation unexpectedly jumped to its highest level in more than a year last month,” said Paige Tao, an economist at PwC UK.
Trading recommendation: SELL 1.34800, SL 1.35100, TP 1.34100
GBPUSD – Holding the Uptrend, Eyeing Resistance BreakoutThe GBPUSD pair continues to respect a well-defined ascending channel on the H4 chart. Each time price retraces to the lower boundary, buying pressure has consistently stepped in. Currently, price is hovering near the channel’s lower edge and the EMA89 – forming a technical support area around 1.35370. If this zone holds, there is a strong potential for a rebound toward the resistance zone near 1.36100–1.36300, which has rejected price twice before.
From a news perspective, markets are awaiting the U.S. CPI report tomorrow. If inflation data comes in weaker, expectations for the Fed to cut interest rates will increase, putting pressure on the USD and allowing GBP to extend gains. Additionally, the Bank of England is expected to maintain a more hawkish stance due to persistent domestic inflation – which further supports the pound’s upward momentum.
Watching the EMA and lower channel boundary is key. If a clear bullish signal forms at this zone, a trend-following long strategy could carry a high probability of success.
GBPUSD H1 I Bearish Reversal Based on the H1 chart, the price could rise toward our sell entry level at 1.3547, a pullback resistance.
Our take profit is set at 1.3518, a swing low support.
The stop loss is set at 1.3567, a pullback resistance.
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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.
GBPUSD H1 I Bearish Reversal Based on the H1 chart, the price is approaching our sell entry level at 1.3547, a pullback resistance.
Our take profit is set at 1.3518, an overlap support.
The stop loss is set at 1.3567, an overlap resistance.
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.
GBPUSD - Long on fullfillment Looking at GBPUSD
The order flow on the 4HR and 15min are still bullish.
Looking for that upside momentum until we take out a 4HR level of demand.
So until the buyers have had enough and the sellers take over. Lets see what we get overnight.
Will leave a pending order on this until the London open and then re-assess in the morning
If you have any questions don't be shy