USDGBP trade ideas
GBPUSD GBPUSD has completed its bullish leg, reaching our previously identified target zone.
Current price action indicates potential exhaustion, and we are now actively monitoring for a short setup, targeting the 1.37200 level, which aligns with a minor inefficiency and previous structural support turned resistance.
This move is supported by overextended intraday momentum on the 15-minute chart, along with bearish divergence forming against key price levels — suggesting a potential retracement phase.
Risk Management Strategy:
Entry: Upon confirmation of a bearish setup (e.g., rejection from a lower high or failure to break recent highs with strength).
Stop-Loss: Placed above the most recent swing high or invalidation level, ensuring protection against false breakouts.
Target: 1.37200, offering a favorable risk-to-reward ratio of at least 1:2.
We’ll continue to monitor price behavior closely and adjust if momentum shifts or invalidation levels are breached.
Market next target 🔁 Disruption of the Current Bullish Analysis
1. Resistance Rejection Likelihood
The chart suggests a breakout above resistance will turn the red box into support.
Disruption: The price is currently at a key resistance zone, and multiple rejections in this area previously suggest selling pressure.
We could see a double top formation or a false breakout trapping bulls.
Look for wicks or long upper shadows indicating weakness.
2. Volume Divergence
Recent bullish candles show declining or inconsistent volume.
Disruption: A strong bullish breakout requires rising volume. If volume doesn't confirm price action, this move may lack conviction and reverse sharply.
3. Overbought Conditions
After a strong uptrend, RSI or Stochastic indicators (not shown, but implied) could be entering overbought territory.
Disruption: This suggests limited upside and a potential for mean reversion or correction.
4. Bearish Candlestick Pattern Watch
Watch closely for a bearish engulfing, shooting star, or evening star at this resistance zone.
Disruption: Any bearish reversal pattern here would strongly contradict the bullish breakout thesis.
GBP/USD Surges to Three-Year Highs- PCE on tapSterling held slope resistance for more than three-weeks with a defense of support this week attempting to mark an outside-weekly reversal candle. The advance is testing resistance today at the 2022 swing high near 1.3749 and the focus is on the weekly close with respect to this pivot zone.
Initial weekly support now rests with the June opening-range highs near 1.3633 and is backed by the 78.6 % retracement of the 2021 decline at 1.3414. Broader bullish invalidation now raised to the April high-week close (HWC) at 1.3270- losses below this threshold would suggest a more significant high is in place / a larger reversal is underway towards the 2023 HWC at 1.3092.
A breach / weekly close above 1.3749 is needed to keep the immediate advance viable with subsequent resistance objectives eyed at the 61.8% extension of the 2022 advance at 1.4003 and the 2021 HWC at 1.4158- both levels of interest for possible topside exhaustion / price inflection IF reached.
Bottom line: A breakout of the monthly opening-range takes GBP/USD into initial resistance at the 2022 swing highs with weekly momentum pressing into overbought territory today. From at trading standpoint, a good zone to reduce portions of long-exposure / raise protective stops- losses would need to be limited to 1.3632 IF price is heading higher on this stretch with a close above 1.3749 needed to mark uptrend resumption.
-MB
Analysis of Trades and Trading Tips for the GBP/USDThe test of the 1.3614level occurred when the RSI indicator had already risen significantly above the zero line, which limited the pair's upside potential. For this reason, I did not buy the GBP/USD.
There has been progress in the trade negotiations between China and the United States: yesterday, both sides stated that consensus had been reached on the main issues. This breakthrough, the result of several months of intense discussions, gives hope for the stabilization of global financial markets. Though not disclosed in detail, the agreements likely included key issues such as the export of rare earth materials from China to the U.S. to China. Nevertheless, despite the optimistic statements, analysts advise against excessive enthusiasm. Previous negotiation rounds also ended with promises that were later unfulfilled. The key to success will be boss sides' ability to honor their commitments and show willingness for further concessions. The impact of this progress on the global economy is hard to overestimate. Reducing trade tensions could stimulate the growth of international trade, ease inflationary pressures, and bolster consumer confidence. However, risks remain, and the agreement's long-term outcome will depend on both countries' subsequent actions.
Today, we should pay attention to the speech by Philip Lane, a British Central Bank representative, as there are no macroeconomic releases from the the eurozone. Markets will closely monitor his rhetoric for hints regarding the central bank's plans on interest rates. Investors hope to hear more clarity from Lane about how the ECB intends to proceed with rates and whether the regulator plans further cuts this summer. Overall, Philip Lane's speech will be the key event of the day for financial markets. His comments may influence currency movements in the first half of the day. Investors are advised to watch his remarks closely and consider them in decision-making
GBPUSD → Pre-breakout consolidation. One step away from a rallyFX:GBPUSD is trading in consolidation. Against the backdrop of the falling dollar index, the currency pair is testing resistance at 1.3632 but is not yet ready to bounce down.
Against the backdrop of the dollar's decline due to fundamental reasons, the GBPUSD currency pair is strengthening. Technically, this could lead to the price breaking out of consolidation upwards. A pre-breakout base is forming relative to the upper boundary of consolidation. The price is compressing towards the level, volatility is decreasing, which in general could lead to a breakout of resistance - trigger 1.3632. The exit from consolidation may be accompanied by distribution. The liquidity zone with W1 can be considered as a target.
Resistance levels: 1.3632, 1.3743
Support levels: 1.3593, 1.3508
The global and local trends are bullish. After growth, consolidation is forming. Against the backdrop of the falling dollar, GBPUSD is testing resistance. The reaction to the false breakout of resistance is weak. The chances of a breakout are quite high.
Best regards, R. Linda!
GBPUSDGBPUSD price is near the support zone 1.33917. If the price cannot break through 1.33917, it is expected that the price will have a chance to bounce back. Consider buying in the red zone.
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GU Sniper Trade ReviewTook this extremely precise trade this morning on GBP/USD off the 15 minute chart.
We're trading at price highs from 2022, due to all the current fundamentals (which needs to be a topic for another day).
But price showed some really good bearish confluences for a nice session based trade.
Entry was based on the below technical analysis logic:
- 15m order block
- 61.8% FIB retracement (golden ratio)
- 1.375 key price level ( the secret sauce ;) )
I set a conservative TP off a previous 5m structure low and SL was simply set at the current structure high.
This resulted in a 1:3RR trade setup.
Aman | SMC Wolf FX
p.s. i'm currently taking on students who are wanting to learn the way I trade with precision (check out my signature)
GBPUSD 1H | Bearish Divergence GBPUSD has reached a critical technical zone where multiple confluences are signaling a downside correction:
✅ Bearish Divergence spotted on RSI at the top, indicating momentum exhaustion.
✅ Price got rejected from a strong Daily Supply Zone, showing clear institutional selling pressure.
✅ On the LTF (Lower Timeframe), structure has shifted — new Lower Highs (LH) and Lower Lows (LL) are now printing, confirming a short-term bearish trend change.
✅ Price also broke the LTF trendline and is retesting, adding further bearish confluence.
📊 Bias:
Expecting a corrective move to the downside with targets around previous liquidity zones:
⚠️ Market is still sensitive to USD fundamentals this week, so watch key news events for volatility spikes.
🔔 Wait for proper confirmations and manage risk accordingly.
GBP USD LONDON BREAKOUT as it was a war going on in my country iran i couldnt post till today ... this was the trade that i initiated eraly today fortunatly it hit the profit .. i try to analyse june at the end and post a sepreate analyse on lodon breakout strategy for now . be safe love you all from iran
Short #GBPUSD at 1.37489🚨 Shorting #GBPUSD at 1.37489 🚨
This is a financial freedom short. We're in the last quarter of the year, and it's time to move with precision. Every candle forms with the high, low, open, and close—the yearly candle is no exception. The endgame is near. 💼📉
#ForexTrading #FXMarket #YearlyCandle #ShortTrade #PipHunting #Q4Trading #GBPUSD #FinancialFreedom #TradingStrategy #MarketTrends #RiskManagement #ForexAnalysis
Riding the Wave or Facing a Pullback? Key Levels to WatchGBPUSD: Riding the Wave or Facing a Pullback? Key Levels to Watch!
Hello TradingView Community!
The GBPUSD pair is currently under the spotlight, experiencing significant movements driven by a mix of market sentiment and economic indicators.
🌍 Fundamental Snapshot: GBP's Lift vs. Underlying Pressures
The British Pound has seen a notable surge, climbing near 1.3765 against the US Dollar. This uplift is primarily fueled by market hopes for an imminent announcement of Fed Chair Powell's successor by President Trump, hinting at potential future dovish shifts in Fed policy. Such speculation could dampen USD's strength, benefiting GBPUSD.
However, the outlook isn't entirely clear-cut for the Pound. Fed Chair Powell has cautioned that tariff-induced inflation might prove persistent, adding a layer of complexity to the broader USD sentiment. Domestically, UK employers are reportedly planning workforce reductions to offset rising social security contributions, which could weigh on the GBP.
In essence, GBPUSD is benefiting from potential USD weakness linked to Fed policy expectations, but traders should remain vigilant about internal economic pressures within the UK.
📊 GBPUSD Technical Analysis (H4/M30 Chart):
Our technical analysis of the GBPUSD chart (image_b6d4de.png) reveals a clear uptrend, marked by consistent higher highs and higher lows. The EMAs are also in a bullish alignment, reinforcing this upward momentum.
Key Resistance (Potential Sell Zone): We identify significant resistance at 1.38366. This level could attract selling pressure, suggesting a potential price reversal or consolidation after hitting this mark.
Key Support Levels (Potential Buy Zones):
Initial support lies at 1.36648.
A stronger support area is at 1.36158. These levels could act as bounce points after any corrective moves.
🎯 GBPUSD Trading Plan:
BUY Zone 1 (Near Current Support):
Entry: Consider entries around 1.36648.
SL: 1.36500 (just below support).
TP: Target incremental gains towards 1.36800, 1.37000, 1.37200, 1.37400, 1.37600, 1.37800, 1.38000, and potentially 1.38300 (just shy of major resistance).
BUY Zone 2 (Stronger Support):
Entry: Look for entries around 1.36158.
SL: 1.36000 (below strong support).
TP: Target incremental gains towards 1.36300, 1.36500, 1.36700, 1.37000, 1.37300, 1.37600, 1.38000, and 1.38300.
SELL Zone (At Resistance):
Entry: Consider short entries around 1.38366.
SL: 1.38500 (just above resistance).
TP: Target incremental declines towards 1.38200, 1.38000, 1.37800, 1.37500, 1.37200, 1.37000, 1.36800, and 1.36648 (targeting support).
⚠️ Key Factors to Monitor:
Fed Leadership News: Any official announcement regarding the Fed Chair succession will trigger significant USD volatility.
UK Economic Data: Upcoming reports on employment, inflation, and GDP will directly impact the Pound.
BoE Statements: Monetary policy stances from the Bank of England.
US Inflation/Employment Data: Continues to influence overall USD strength.
Trade wisely and always prioritize robust risk management! Wishing everyone a successful trading day!
WHY GBPUSD BULLISH ???GBPUSD is unfolding exactly as anticipated, with price now hovering around the 1.3740 region and maintaining strong bullish momentum. Price has successfully bounced from the key support zone near 1.3430, which was previously a major resistance turned into solid demand. This level held firmly during multiple retests, confirming a clean breakout-retest continuation pattern. As long as this structure remains intact, I continue to hold a bullish bias targeting 1.4000 in the coming sessions.
From a fundamental perspective, the British Pound is gaining strength on the back of improved UK economic sentiment. The latest UK inflation data surprised to the upside, pushing annual CPI back above 3%, which reinforces expectations that the Bank of England may need to act sooner rather than later on rate hikes. Markets are now pricing in higher probability of a rate adjustment before the end of Q3 2025. Meanwhile, the US Dollar is under moderate pressure as recent soft labor data and downward revisions in consumer confidence readings have dampened expectations for further tightening from the Fed.
Technically, GBPUSD has cleared major Fibonacci resistance levels and is now forming higher highs and higher lows across the higher timeframes. The current bullish wave is fueled by clean institutional demand and strong price action momentum. If the pair can sustain above 1.3650–1.3680, a swift move toward the psychological 1.4000 handle is highly probable. The 1.4218 Fibonacci extension aligns as a longer-term secondary target for swing traders holding this bullish continuation.
This setup offers a solid blend of macroeconomic backing and technical structure. GBPUSD remains one of the top trending forex pairs right now, favored by strong price action, central bank divergence, and global capital rotation. I'm closely monitoring for intraday pullbacks to add long positions, aiming for extended upside as the market follows through on this bullish breakout continuation.
GBPUSD INTRADAY sideways consolidation breakoutThe GBPUSD currency pair continues to exhibit a bullish price action bias, supported by a sustained rising trend. Recent intraday movement reflects a sideways consolidation breakout, suggesting potential continuation of the broader uptrend.
Key Technical Level: 1.3600
This level marks the prior consolidation range and now acts as pivotal support. A corrective pullback toward 1.3600 followed by a bullish rejection would reinforce the bullish trend, targeting the next resistance levels at:
1.3825 – Near-term resistance
1.3865 – Minor swing high
1.3900 – Longer-term bullish objective
On the other hand, a decisive daily close below 1.3600 would invalidate the bullish setup, shifting the outlook to bearish in the short term. This could trigger a deeper retracement toward:
1.3550 – Initial support
1.3500 – Key downside target
Conclusion:
As long as 1.3600 holds as support, the technical outlook remains bullish, favoring long positions on dips. A confirmed break below this level would signal a shift in sentiment and open the door to a corrective pullback phase.
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.
GBPUSD Hits Channel Highs – Watch for Exhaustion or BreakoutGBPUSD continues its impressive rally, tapping into the upper boundary of a clean ascending channel across the 1D and 4H timeframes.
🔹 Daily:
Structure remains bullish with price pressing into long-term channel resistance near 1.3765. This is a key inflection point — bulls may need fresh momentum to break above.
🔹 4H:
Sharp impulsive move has stretched to the upside channel line. RSI likely overextended. Look for signs of exhaustion or bearish divergence here.
🔹 1H / 23m:
Lower timeframes show aggressive bullish control, but price is stalling near the highs. If we break structure or reject this zone, we could see a correction toward 1.3660 or deeper.
📉 If rejection occurs here, short opportunities may present toward mid-range or trendline support.
📈 If we break and close above 1.3780 with volume, continuation toward 1.3850 becomes likely.
💡Key Levels:
• Resistance: 1.3780, 1.3850
• Support: 1.3660, 1.3600