USDGBP trade ideas
LONDON BREAKOUT STRATEGY (GBP/USD) 6/5/2025today i wasnt near my laptop so i couldn't post this earlier , as you can see the trade is about to hit the tp ...
.
.
.
theses london breakout strategy feels good its well designed and simple , for the post news strategy its good that you have timing box that you have to trade that but the cons is yet to be explored for me and it has like a cycle somtimes it works very well and sometimes you have to eat too many losses back to back , ill cemplete the june then share my ideas about this strategeis . also want to test fvg strategy for weekend, if u want say the time frame ,indicator or month to test things out...
GBPUSD M15 Support & Resistance Levels🚀 Here are some key zones I've identified on the 15m timeframe.
These zones are based on real-time data analysis performed by a custom software I personally developed.
The tool is designed to scan the market continuously and highlight potential areas of interest based on price action behavior and volume dynamics.
Your feedback is welcome!
GBP/USD: Bullish Momentum Continues - Key Structures &OVERVIEW:
The GBP/USD pair has been in a clear bullish trend on the 4-hour timeframe since mid-May, demonstrating robust buying pressure. Price action indicates a significant shift in market structure, and we are currently observing a consolidation phase near a critical resistance level, suggesting potential for further upside.
KEY OBSERVATIONS & MARKET STRUCTURE:
1. Shift from Bearish/Consolidation to Bullish:
Earlier in May, price was ranging with a slight bearish bias, failing to make significant higher highs.
We can identify a key "External Market Structure" acting as strong resistance around the 1.3450 area.
Prior to breaking this external structure, the chart highlights an "internal ChoCH" (Change of Character). This often signals an internal shift in order flow, indicating that buyers were be
ginning to gain control within the smaller timeframes, preceding the larger structural break.
2. Confirmed Breakout & Retest:
Following the internal CHoCH, price executed a decisive "Break" above the significant "External Market Structure" around 1.3450.
Crucially, after this break, price retraced and successfully retested this broken structure. This former resistance level has now flipped to become a strong "Long-term Support" area, validating the bullish market structure shift. This is a classic supply-to-demand flip.
3Current Ascending Price Channel & Support Levels:
Since the retest of the long-term support, GBP/USD has been trending higher within a well-defined ascending channel or rising wedge formation.
The lower boundary of this pattern is acting as "Short-term Support", consistently holding higher lows and guiding the price upwards. This dynamic support is currently around 1.3530-1.3550.
POTENTIAL OUTLOOK & TRADE SCENARIOS:
1. Bullish Continuation (High-Probability):
Price is currently consolidating near a multi-day high, just below the upper boundary of the ascending channel, labeled as "Potential Breakout" around 1.3590-1.3600.
A decisive break and close above this "Potential Breakout" level (ideally confirmed on the 4H or daily timeframe with strong bullish candles) would signal a continuation of the bullish momentum.
Targets could be psychologically significant levels like 1.3650, 1.3700, and higher.
For entry, look for a retest of the broken breakout level as new support after the initial surge.
2. Pullback and Bounce:
Should the "Potential Breakout" level hold initially, we might see a pullback towards the "Short-term Support" trendline.
A strong bounce off this short-term support would present a new buying opportunity, keeping the bullish bias intact within the established channel.
Invalidation of Bullish Bias:
A break below the "Short-term Support" trendline would be the first cautionary sign.
However, the bullish mode would likely only be invalidated on a sustained break below the "Long-term Support" zone (the former External Market Structure) around 1.3450. A close below this level would suggest a deeper correction or a potential trend reversal.
CONCLUSION:
GBP/USD remains in a strong bullish posture, supported by a clear shift in market structure and consistent higher lows. The current consolidation near the 1.3600 handle presents a pivotal point. Traders should monitor for a definitive breakout to confirm further upside or a pullback to established support for continuation entries.
Risk Management is Paramount: Always use appropriate stop-loss orders and manage your position sizing according to your risk tolerance, especially when trading around potential breakout zones.
________________________________________
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
GBPUSD Set To Grow! BUY!
My dear followers,
This is my opinion on the GBPUSD next move:
The asset is approaching an important pivot point 1.3459
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.3513
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
GBPUSD: Bearish Continuation is Expected! Here is Why:
The price of GBPUSD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
GBPUSD 4H MAJOR REVERSAL SETUP – WATCH FOR THE BREAK!Hey There;
The Head & Shoulders (H&S) pattern in GBPUSD is becoming more defined, approaching a critical neckline level. If a breakout occurs, it could trigger a strong downward move, pushing the price toward new support levels.
Right now, sellers are gaining strength while buyers attempt to defend key support zones. A confirmed close below the neckline could accelerate the sell-off.
📌 If the breakout happens, I’ll share target levels with you—stay tuned for updates
I meticulously prepare these analyses for you, and I sincerely appreciate your support through likes. Every like from you is my biggest motivation to continue sharing my analyses.
I’m truly grateful for each of you—love to all my followers💙💙💙
GBP USD LONG RESULT The Pound Price is still in an overall bullish trend against the Dollar.
So when I saw the breakout from the minor falling wedge and then breakout of the minor pennant I setup the long position with TP to the previous high and it moved perfectly as predicted.
Even though it was a scalp, I feel we left the chart earlier 😅.
But it's All Good 😊💪. We keep on Gaining Together.
GBP USD LONG RESULT The Pound Price made a Bullish retracement in a straight parallel line to the 0.5lev of the fibonacci coupled with the the double top formed previously.
I Highlighted two points of possible retracement i.e the 0.618 and 0.5 levels for possible entry.
When price broke out (fake out) at the o.618 I entered the trade which ended up being fake and took support at the 0.5lev where my stop was.
This was a FOMO trade and totally misjudged and impatient for Price.
Better Concise, Patience and Luck next time 💪🙌
GBPUSD: Potential Reversal After Strong RallyThe British Pound has shown strong gains against the US Dollar, approaching a key resistance area. After such an extended move, a correction or reversal would be a logical expectation.
Technical Setup
There is a clear series of bearish divergences on the CCI (14) indicator. Price is forming a narrowing rising wedge, which often signals trend exhaustion.
Trade Plan
Sell limit orders: 1.3690 and 1.3850
Market entry: Only after confirmation — either a trendline break or a moving average crossover
Conclusion
GBPUSD shows signs of weakening at the top. I remain focused on short setups from resistance areas, waiting for confirmation to act.
Lingrid | GBPUSD Range-Bound Action with Upside Bias Toward 1.36The price perfectly fulfilled my previous idea . FX:GBPUSD FX:GBPUSD formed a higher low at trendline support and recently broke above the descending trendline, signaling bullish intent. Price is now consolidating in a range just above the swap zone around 1.3500. If it holds this structure, a breakout could lift the pair toward the 1.3580 resistance area.
📈 Key Levels
Buy zone: 1.3490–1.3500
Buy trigger: breakout from range top
Target: 1.3580
Sell trigger: close below 1.3490
💡 Risks
Failure to hold above the breakout zone
Bearish pressure from resistance at 1.3580
Return to range could delay upside move
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GU-Thu-5/06/25 TDA-US bad data report, GU tapped WR 1.35790!Analysis done directly on the chart
Follow for more, possible live trades update!
Market conditions shift, you have to learn to
adapt to it. Trading price action, you learn to
react to the market. The way the candles moves
differently it might indicates shift of market
dynamics.
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBPUSD InsightHello to all our subscribers!
Feel free to share your personal thoughts in the comments.
Please don't forget to boost and subscribe!
Key Points
- U.S. President Trump pressured Fed Chair Jerome Powell via Truth Social, saying, “Powell is acting too slowly and should cut rates.”
- The U.S. Services PMI for May came in at 49.9, signaling a contraction in the sector following a similar downturn in manufacturing.
- The Federal Reserve’s Beige Book, which evaluates regional economic activity, noted that “all districts reported elevated levels of economic and policy uncertainty, leading to hesitancy and caution in decision-making by businesses and households.”
- Bank of England Governor Andrew Bailey suggested that if inflation in the U.K. is seen falling below the 2% target, the central bank may pursue more aggressive rate cuts.
Key Economic Events This Week
+ June 5: ECB Interest Rate Decision
+ June 6: U.S. Non-Farm Payrolls (May), U.S. Unemployment Rate (May)
GBPUSD Chart Analysis
The pair is currently approaching resistance near the 1.36000 level. Future direction will largely depend on price action at this zone.
- A successful breakout above 1.36000 could open the path to a long-term rally toward 1.40000.
- Failure to break resistance may lead to a medium-to-long-term decline toward 1.32000.
GBPUSD(20250604)Today's AnalysisMarket news:
Fed Logan: We should focus on achieving the 2% inflation target rather than trying to make up for past inflation shortfalls; Bostic: We still think there may be a rate cut this year.
Technical analysis:
Today's buying and selling boundaries:
1.3521
Support and resistance levels:
1.3588
1.3563
1.3547
1.3496
1.3480
1.3455
Trading strategy:
If the price breaks through 1.3547, consider buying, with the first target price at 1.3563
If the price breaks through 1.3521, consider selling, with the first target price at 1.3496
Bullish bounce off 50% Fibonacci support?GBP/USD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.3536
Why we like it:
There is a pullback support level that lines up with the 50% Fibonacci retracement.
Stop loss: 1.3510
Why we like it:
There is a pullback support level that is slightly below the 78.6% Fibonacci retracement.
Take profit: 1.3590
Why we like it:
There is a pullback resistance level that aligns with the 138.2% Fibonacci extension.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.