PREMIUM DRAWPound strength to persist for a third touch of trendline
1.34405 overall bullish target
Intermediate target 1.3255
1:3 R
USDGBP trade ideas
GBP/USD: Weekly Analysis and Key LevelsThis week, the GBP/USD exchange rate has experienced notable fluctuations. As of March 22nd, the pair stood at 1.29114, down 0.00540 (0.42%) from the previous day. The intraday high reached 1.2971, while the low touched 1.2887. On Thursday (March 20th), the Bank of England announced its interest rate decision, keeping the benchmark rate unchanged at 4.5% with an 8-1 vote. Following the announcement, GBP/USD faced brief downward pressure as the central bank did not signal potential rate cuts. However, the pair later regained some ground due to a weakening US dollar index.
Closely monitor the breakout of key levels. The area above 1.3010 is a significant resistance level. If the exchange rate can decisively break through and stabilize above this level, consider going long on dips in the short term, targeting 1.3050 or higher. Below, the 1.2860 level is a crucial support zone. If the exchange rate breaks below this level and sustains the move, consider cutting losses or going short on rallies, as further downside potential may open up. Until the exchange rate clearly breaks through or falls below these key levels, it is advisable to remain on the sidelines and wait for clear trend signals to emerge.
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GBP/USD LONGHi !
Based on the current price action and I have prepared 2 trades for next week.
First is a long position from 1.287 where is VAL , price has respected this area, making it a good level for initiating a smaller long position with limited risk.
Forward I am looking at 1.3 area and looking to scaling in after confirmation above 1.302 ensures that I participate in the trend continuation without overexposing prematurely.
Step 1: Small Entry at 1.287
Entry: Long position at 1.287.
Stop Loss: Below 1.2800.
Take Profit: Partial profit near resistance at 1.3000, or hold until breakout confirmation.
Step 2: Scale In After Breakout
Entry Trigger: Wait for price action to break and hold above 1.302 (confirmed by strong candlestick close or volume spike).
Entry Price: Enter larger position at 1.302.
Stop Loss: Below recent breakout level (~1.295).
Take Profit Levels:
First Target: 1.3200.
Second Target: 1.3400.
FX:GBPUSD
Gbp/Usd is BearishThe price has reached the supply zone area in which it has turned into a flipzone .. And i am expecting to go short and hold .
I will see how it goes .
Happy Trading
GBPUSD on the premium level of Supply The GBPUSD has tapped into the premium level of Supply, giving me the Edge to short a position. Sipping from 1.2913 price range we can envisage a drop from next week ... Sieze the moment now.
GBPUSD - Nearly 1,000 Pips In 2025!GBPUSD was sideways around $1.29452 after a surprise news from the UK caught sterling bulls unprepared. The UK economy surprisingly shrunk by 0.1% in January, month on month, according to the latest GDP figures released by the Office for National Statistics.
With price reaching up into the premium SIBI, there is a chance for a minor pullback. Risky, yet possible with this weeks high impact events
GBP/USD: Reached the targetThe shorting strategy we provided at 1.3000 this week has now reached the first target position. If the profit is sufficient, you can close the order in advance. Wait for it to rise again and then you can continue to short.
Currently, my account balance has grown from an initial $40,000 to $800,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
GBPUSDtrade base on biger time frame daily ressistance.with 4h bearish divergence.
Sell Limit 1.30172
Stop Loss 1.32120
Take profit 1.28224
RRR 1:1
gbpusd sell tradeThe Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward move
GBPUSD down ?Yesterday we saw price didn't skyrocket , today im gonna try to go down with this ship
2 RRR
Let's see what market gonna give us !
GL Traders
Not Advice !
GBP/USD Breaks Rising Channel – Bearish Target Ahead!Key Observations:
Rising Channel: The price was trading within an ascending channel, bouncing between resistance and support.
Breakout & Sell Signal: The price has broken below the channel support, indicating a potential trend reversal.
Bearish Target: The next key support level is around 1.27024, aligning with a previous demand zone.
Confirmation: If the price stays below 1.29165, further downside movement is likely.
Trading Idea:
Short Entry: After confirmation of a breakdown below support.
Target: 1.27024 (next major support level).
Stop Loss: Above 1.30127 (previous resistance).
This setup suggests bearish momentum as long as the price remains below the broken support. Traders should watch for retests and volume confirmation.
GBPUSD LONGWe can go long on GU after its grabs the Sellside Liquidity. On 15M we can also see EQL, so over the weekend or monday, be ready for the right setup and big grab so it can fly up
GBPUSD BUY SETUPEU and GU had an SMT this morning and i'm concentrating on GU cos the setup looks cleaner over there.
let fvcking gooo!!!
GBPUSD FLYING MOVES*GBP/USD: Buy Opportunity Ahead?*
A potential buying opportunity has been identified in the GBP/USD pair, with a key support level in focus.
*Trade Details:*
- *Buy Entry:* 1.29490
- *Target Levels:*
- TP1: 1.30111
- TP2: 1.31220
- TP3: 1.32604
- TP4: 1.34230
- *Stop-Loss:* 1.28600
*Why Buy?*
1. *Support Zone:* The GBP/USD pair has reached a strong support zone, increasing the likelihood of a bounce.
2. *Bullish Momentum:* Technical indicators are showing bullish signals, hinting at a potential upswing.
3. *Sterling Strength:* A resurgent British Pound, driven by positive economic data and Brexit developments, may propel the GBP/USD pair higher.
*Market Outlook:*
The GBP/USD pair is experiencing a consolidation phase, with market participants awaiting key economic data releases and Brexit updates. A break above the 1.30111 resistance level could trigger a sharp rally.
*Trading Strategy:*
Buy GBP/USD at 1.29490, with a stop-loss at 1.28600. Use the target levels to take profits or adjust the stop-loss to break even.
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GBP/USD Intraday Short: Targeting a Reversal from 1.2955Intraday Idea - We look to GBPUSD Sell at 1.2955
Technical View
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible
Price action looks to be forming a top
A lower correction is expected
Preferred trade is to sell into rallies
Bespoke resistance is located at 1.2955
Stop: 1.2975
Target: 1.2875
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPUSD Rising Wedge BreakoutGBPUSD Broke the Rising Wedge, then the Support line and keeps falling. Looking at a potential SELL towards 1.2923-1.2888 area
GBPUSDPotential Trade Setup:
The chart includes a potential trade setup with an entry at 1.29140, a stop-loss at 1.28900, and a take-profit at 1.29945.
This setup suggests a potential long (buy) position, anticipating a price rise.
There are labels of FVG, and IVG on the chart. These refer to Fair Value Gaps and Inverted Value Gaps. These are used in Smart Money Concepts to identify areas where price is likely to react.
The setup has a risk/reward that looks to be greater than 1:2 which is a good ratio.
Price Levels:
The chart highlights several key price levels: 1.29140, 1.29385, 1.29500, 1.29945, and 1.30200.
These levels likely represent areas of support and resistance.
There are also levels at 1.28900 and 1.28600.
GBPUSD: Buy ideaOn GBPUSD we would have a very high probability of having an upward trend with this buy candle.
GBP/USD Analysis: Pair Fails to Hold Above Psychological LevelGBP/USD Analysis: Pair Fails to Hold Above Psychological Level
As shown in today’s GBP/USD chart, the pair failed to maintain its position above the psychological level of 1.3000 USD per pound, where it had reached its highest point since early 2025. The decline followed recent central bank decisions and statements, with both the Bank of England and the Federal Reserve keeping interest rates unchanged.
On one side, the Bank of England:
→ Warned of inflation risks, partly driven by external factors such as US trade tariffs.
→ Indicated a potential rate cut in the coming months.
On the other hand, the US dollar strengthened on Thursday after the Federal Reserve signalled reluctance to rush further rate cuts this year, despite uncertainties surrounding US tariffs.
These statements highlighted the challenges market participants face in assessing the risks posed by tariffs on global trade.
Technical Analysis of GBP/USD
In March, the pound followed an upward trend against the US dollar, forming an ascending channel (marked in blue). However, once the price moved above the key 1.3000 level, the upper boundary of the channel appeared out of reach—possibly signalling weakening buying momentum.
As a result, the price broke below the lower boundary of the channel, which has now shown signs of resistance (indicated by an arrow). If bearish pressure persists, the price could fall towards the dotted trendline below the channel, at a distance equal to its height. Additionally, a test of the previous local low around 1.2911 cannot be ruled out.
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GBP Retreats as BoE Maintains PolicyThe pound dipped below $1.30, retreating from a four-month high after the BoE held rates at 4.5% and signaled a cautious approach to easing policy, despite recent inflation progress.
Global trade tensions added pressure, with new U.S. tariffs prompting retaliatory moves and raising inflation risks.
UK data showed weak growth, steady 4.4% unemployment, and wage growth easing to 5.8%, in line with forecasts. In the U.S., the Fed kept rates steady but reaffirmed plans for two cuts this year.
If GBP/USD breaks above 1.3050, the next resistance levels are 1.3100 and 1.3150. On the downside, support stands at 1.2860, with further levels at 1.2800 and 1.2715 if selling pressure increases.
GBPUSD Short/Sell IdeaGBPUSD appears to have turned around after a few weeks of trending in a very bullish manner.
I believe it drops for a retracement to pickup orders at support.
