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U.S. Dollar / Pound Sterling

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USDGBP trade ideas

Can it break through 1.36?The GBP/USD exchange rate continued to trade in a high-range consolidation during the North American session, currently hovering near the 1.353 level with a slight intraday rebound. The US Dollar Index turned lower following the release of weak ADP employment data, providing some support for the British Pound. The US added only 37,000 jobs in the private sector in May, far below the market expectation of 115,000, reinforcing market bets on future Federal Reserve rate cuts. In the short term, the exchange rate may continue to consolidate within the range of 1.3450 to 1.3600. If the US non-farm payroll data remains weak, the exchange rate is expected to break above the 1.3600 level, opening up further upside potential. Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
Long
by Ashbur
GBP/USD: Ttrading Plan for the U.S Session Sell Below 1.3591In my morning forecast. I focused on the 1.3536 level and planned to make trading decisions based on it. Let's take a look at the 5-minute chart and see what happened. A rise and formation of a false breakout around 1.3536. On Tuesday, the GBP/USD currency pair also showed a downward movement, although the decline and the day's volatility were relatively weak. Once again, the market effectively ignored the macroeconomic background, The minimal reaction from traders was prompted by the jolts report in the U.S., which showed job openings exceeding forecasts, leading to a slight strengthening of the dollar. Overall, everything remains the same. If the British pound falls, it does so very weakly and for a short time. Whenever there's too much, "chaos," and the dollar grows longer than expected, Trump steps in and puts everything back in its place. Thus, expecting a sustained rise in the dollar remains extremely difficult. Technically, The pair remains above the indicator lines, so the uptrend is intact despite the price breaking out of the ascending channel. As the global trade war situation continues to worsen, the dollar lacks medium-term growth prospects. For the market, the trade war factor is currently the only thing that matters; practically all other factors are being ignored.
Long
by CEO-PREMIUM-ANALYSIS
17
GBP/USD : Ready for Fall (READ THE CAPTION)By examining the GBP/USD chart on the 4-hour timeframe, we can see that the price is currently trading within the 1.35 supply zone. If a strong rejection occurs from this level, we can expect further downside movement. The potential bearish targets are 1.34915 and 1.34500. Other key supply zones are located at 1.35520, 1.35730, and 1.35930. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Short
by ArmanShabanTrading
11
GU Bulls Raise "Flag" Eyeing Higher PricesFX:GBPUSD has formed a Bull Flag and we could be getting ready to see the Bulls take the spotlight! After Price broke through the Previous Level of Structure, Price retraces the High of 1.35589 to the 50% Fibonacci Level @ 1.35022 and is supported pushing Price back up from the Previous Level of Structure. -The 50% retracement signals the end of the Consolidation Phase of the Pattern. Now with a Bull Flag being a Continuation Pattern, we can suspect that Price will give us a Bullish Breakout of the Descending Channel and Retest before moving higher Confirming the Pattern and once the Breakout is Validated! Based off the "Flagpole" of the Pattern, if a Bullish Breakout is Validated and the Retest is Successful, the extension of the Set-up would place the Price Target @ 1.3640 which is at the next big level of Resistance.
Long
by Novi_Fibonacci
GU-Wed-4/06/25 TDA-Not easy zone to mess with GU!Analysis done directly on the chart Follow for more, possible live trades update! Today's focus: Trading Psychology -Have you ever over traded? -Have you ever revenge traded? -Have you ever got greedy and end up with a loss instead of good profits? -What is something that you struggle to these days psychologically speaking? I've been all these situations mentioned above! Each of this three steps are crucial to become a very good trader: 1) Consistently profitable strategy 2) Proper risk management 3) Trading Psychology What's your ideal solution to improve your trading psychology? Comment down below! Not financial advice, DYOR. Market Flow Strategy Mister Y
by Mister_Y
GBPUSDGBP/USD Analysis: June 1–10, 2025 Key Drivers: Economic Data, Bond Yields, Interest Rates, and Carry Trade Dynamics 1. Upcoming Economic Data (June 1–10) US Data: June 4;1:15pm USD ADP Non-Farm Employment Change June 6: Nonfarm Payrolls (May) – Strong jobs growth (>200k) could revive USD strength. June 6: Average Hourly Earnings – Wage growth impacts Fed policy expectations. 2. 10-Year Bond Yields and Interest Rate Differential UK 10-Year Gilt Yield: 4.77% (as of May 21, 2025) . US 10-Year Treasury Yield: 4.46% (as of June 2, 2025) . 4.77% (UK)−4.46% (US)=+0.31% The UK’s higher bond yield provides a modest carry advantage for GBP. Policy Rates: BoE Rate: 4.25% (cut by 25bps in May 2025) . Fed Rate: 4.25–4.50% (steady since May 2025). Rate Differential: 4.25% (BoE)−4.25–4.50% (Fed)=−0.25% to 0% 3. Carry Trade Advantage Mechanics: Investors borrow USD (lower policy rate) to invest in GBP assets (higher bond yields), exploiting the +0.31% yield spread. Current Bias: Neutral-to-Bullish for GBP, supported by bond yield spreads but tempered by BoE’s dovish stance. Risks: Weak UK PMI/GDP data could narrow yield spreads. Strong US NFP may widen the policy rate gap, boosting USD. Bullish Catalysts: UK CPI >3.5% delays BoE cuts. Weak US jobs data (<150k) weakens USD. Bearish Catalysts: BoE signals further cuts. Strong US wage growth (>0.4% MoM). Summary Table Metric UK (GBP) US (USD) 10-Year Bond Yield 4.77% 4.46% Policy Rate 4.25% 4.25–4.50% Yield Spread +0.31% (GBP over USD) — Key Data Focus CPI, GDP, PMIs NFP, Wage Growth Carry Trade Implication Modest GBP advantage USD strength on policy rate Conclusion GBP/USD’s near-term direction hinges on UK inflation and US jobs data. The UK’s higher bond yields offer a carry trade edge, but BoE dovishness and USD resilience may cap gains. #GBPUSD#
Long
by Shavyfxhub
Skeptic | GBP/USD Analysis: Breakout Triggers in the Box!Hey everyone, Skeptic here! FX:GBPUSD has been killing it with a solid uptrend but now it’s chilling in a correction phase, trapped in a box range. A break above or below this box could light up some epic triggers, so let’s dive into a multi-timeframe analysis to get the full picture. 🧠 Starting with the Daily Timeframe we’re riding a powerful upward channel where price has been dancing perfectly with the ceiling, floor, and midline. We’ve nabbed some sweet trades from this setup before! After hitting resistance at 1.35576 , we slipped into a time-based correction. Here’s the daily breakdown: If the box floor at 1.35002 cracks, we could slide to 1.34173 , hitting the 0.382 Fibonacci retracement— a legit first support zone. 🎯 If we bust through the ceiling, the channel’s midline is our next target. But with lower highs forming, I’m betting on a deeper correction for now. 📉 With that intel, let’s zoom into the 4-Hour Timeframe for our main long and short triggers. 🔥 For longs, a break above 1.35576 is our golden ticket, with a stop loss below the box. Want a quicker R/R and early profits? Set a tighter stop below the 1H or 15-minute floor that forms. 💸 For shorts, we can play with a smaller stop loss. I’d jump in after breaking support at 1.35002 , with a stop loss at 1.35464 if we go bearish from here. If we test the box ceiling again before breaking the floor, the stop loss sits above the box. 🚨 Heads-up: longs are riskier based on the daily clues. As always, do your own research, steer clear of FOMO, and never forget—capital management and stop losses are your market lifelines. Nobody shouts about those enough! A single trade, good or bad, won’t make or break your long-term game, so skip the emotional drama and grind on your strategy and psychology. 💬 Let’s Talk! If this recap got your gears turning, smash that boost—it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments. Thanks for vibing with me—keep trading sharp! ✌️
by SkepticWise
1
GBPUSD 1H chart✅ What I Like: Clean Fair Value Gap (FVG): The FVG is clearly defined and price is actively returning to it. This offers a textbook point of interest (POI) for a potential short. Price Delivered into Premium: This FVG is sitting in a premium zone (above the equilibrium of the recent swing), making it a good area for potential shorts if internal liquidity has been swept. Aggressive Displacement Candle: The bullish candle that tapped into the FVG is impulsive — might be a liquidity run, grabbing buy-side liquidity before a reversal. ⚠️ Concerns: No Clear Liquidity Sweep Yet: There’s no obvious run on recent highs before price hits the FVG. Without a liquidity grab, the setup might lack that “smart money” confirmation. No Market Structure Shift Confirmed: We’re still in bullish short-term structure unless we break a recent low. A reversal from the FVG needs confirmation via lower-timeframe BOS. Dollar News Event Approaching? The FVG reaction could fake out if major USD data is near. Fundamentals can disrupt clean technical setups. 🧠 Final Thoughts: If this setup is to be shorted: Wait for 15m or 5m structure shift. Look for signs of exhaustion or rejection in the FVG zone (e.g., bearish engulfing, liquidity sweep of intraday highs). If price pushes above the FVG without rejection, it may invalidate the short and continue toward higher liquidity. High-probability zone, but needs confirmation + narrative.
by TopGBanks
Sterling headed towards 1.40 in coming days.Cable been on a uptrend since the Liz Truss low. Latest bout of dollar weakness obviously helping whilst long term monthly chart is very constructive indicating new uptrend is fully intact. Other supporting narrative is the new "growth" aware labour government that has begun to forge something of a return to Europe along with new trade deals with India and the USA. Many traders and PMs also aware that the British Pound has a long relatively stable history whilst the Bank of England has not defaulted on its Gilts which have been reliably paid for more than 400 years. recent previous resistance on light blue line now acting as support. Sit tight cable has plenty of upside from here.
Long
by behr100
GBP/USD Bearish Setup Analysis GBP/USD Bearish Setup Analysis GBP/USD appears poised for a bearish move, following signs of a completed corrective structure observed a few days ago. The pair had shown a temporary recovery, but recent price action suggests that this correction may now be over, increasing the likelihood of a larger decline. While the exact catalyst for the move is still uncertain, the technical setup looks promising. This could potentially trigger a liquidity release, especially if key support levels are broken with momentum. Key downside targets: 1.3400 1.3252 you may find more details in the chart P Support with like and comments for better analysis.
Short
by MrMartin_11
1