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U.S. Dollar / Pound Sterling

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USDGBP trade ideas

Gbpusd signal buy GBP/USD tested higher on Wednesday, climbing back over the 1.2800 handle after broad-market sentiment recovered across the board. The Trump administration has once again pivoted away from its own “no exceptions, no delays” tariff policy, and has again delayed tariffs, this time for 90 days. The Relative Strength Index (RSI) indicator on the 4-hour chart stays below 50 despite the latest rebound, suggesting that buyers remain reluctant to commit to a steady recovery in Pound Sterling. Gbpusd signal buy
Short
by Stiven088
I've been tracking the GBPUSD, and here's where I stand 12:10pmCurrent Price & Overextension: The price is currently at 1.29380, which is still well above the recent consolidation range of 1.281–1.285. This tells me the market remains overextended, suggesting that the strong rally may be due for a pullback. Technical Snapshot: On the 1‑hour chart, my moving averages—such as the EMA, DEMA, and KAMA—are aligned near the price, confirming that the broader uptrend is intact. However, oscillators like the RSI, which is around 75, and the StochRSI sitting at 100, indicate that the market is extremely overbought. These overbought conditions make me anticipate a short‑term reversal. Directional & Volatility Factors: The directional indicators still point to bullish momentum (with the PLUS_DI notably higher than the MINUS_DI), but the recent surge seems impulsive when I compare the price to the established support zone. With an ATR around 0.00538, I see that the price has moved significantly for the range, suggesting that a retracement is likely. My Trade Setup: Given this setup, I’m watching for clear rejection signals—like a bearish engulfing pattern or a firm pin bar—around the upper levels of the range, roughly between 1.292 and 1.290. If I see these reversal signals, I'll plan to enter a short position with a tight stop just above recent highs (around 1.296–1.297). My profit target would be set toward the consolidation zone around 1.278–1.281, which offers me a favorable risk/reward ratio. Fundamental Backdrop: Recent fundamental news, particularly the conflicting tariff policies, has spurred significant volatility. This volatility, combined with the technical overextension, reinforces my expectation that the current upward move is unsustainable in the short term. In short, even though the overall trend remains bullish, the pair's current overbought condition and extreme price levels signal an impending short-term pullback. I'm getting ready to take advantage of that temporary reversal with careful, tight risk management.
Short
by Sel_Ali
Still pending clear confirmationPrice Action Overview: From 1:00 AM to 10:00 AM today, I see the price steadily rising from around 1.2829 to a current close of about 1.29131. The 10:00 candle even touched a high of 1.29248. This sequence suggests that the market is testing the upper bound of the recent consolidation range. Consolidation and Potential Overextension: Although the movement from roughly 1.282 up to 1.292 is relatively tight, I interpret this as the price moving near the top of its recent consolidation zone. In earlier analysis, I identified the 1.281–1.285 region as a base, and a rally above that, especially reaching near 1.292, indicates that the move might be overshooting its sustainable range. This aligns with my view that the rally is overextended and a pullback could be imminent. Candlestick Insights and Intraday Reversal Clues: Looking at these recent candles, I notice that while the 10:00 candle closed with an upward gain (+21.8 pips) and the 9:00 candle also posted an upward move (+22.3 pips), the overall pattern shows modest moves with small bodies, suggesting that buyers are active but perhaps not strongly in control. There’s also that slight dip at 1:00 AM (a -15.0 pip move) which hints at the underlying volatility and potential exhaustion. These factors lead me to believe that the recent rally may be unsustainable. Indicator and Fundamental Context Reinforced: My previous analysis—supported by an overbought RSI reading on the 1‑hour and the overall bearish technical patterns (like the bearish marubozu and long-line bearish candles) on lower timeframes—remains valid. The fresh fundamental news adding volatility likely contributed to this impulsive rally, and now the market appears to be testing its high without much conviction. What I’m Watching and the Trade Setup Going Forward: Given this recent data, I’m focused on the area between 1.292 and 1.290. If I see a clear reversal pattern (for example, a bearish engulfing candle or a pin bar developing on the 15‑minute chart around these levels), that would confirm my expectation of sellers stepping in. I’d look to enter a short position around 1.292–1.290, with a stop-loss set just above the current high (around 1.296–1.297) to account for typical volatility. This approach is consistent with targeting a move down toward support in the 1.278–1.281 range, offering a favorable risk/reward ratio.
Short
by Sel_Ali
GBPUSD Buy opportunityGBPUSD can have a good opportunity for buy position. For these reasons : 1. the bullish trend line shows the bullish trend. and price can reaction to the trend line again. 2. intersection of the support zone and the trend line can make the bullish movement more strong. 3. RSI divergence shows that the price will decrease and then we can see the price hitting whit the support level and the trend line. Trigger : after that price hitting the support level and the trend line we can open a buy position whit a candle stick. Stop loss : the stop loss can be below the candle stick or below the trend line. It's just my personal analysis and I have no responsibility for your trades. thanks for your attention.
Long
by Arco-ir
GBP/USD – 15M Short Setup (NY Session)Took a short position after a clear rejection from a key supply zone right at the New York Open, following a strong bullish push during London. 🧠 Trade Idea & Confluences: • Supply Zone: Price tapped into a 15M supply area, showing multiple rejections with wicks and bearish momentum. • Structure Shift: Break of minor bullish structure – signaling a possible reversal. • NY Open Volatility: Leveraging high volume for a strong move away from supply. • EMA Confluence: Price losing the 20 EMA, now acting as dynamic resistance. • Risk-to-Reward: Solid R:R (~3R), targeting an untapped demand zone and imbalance fill below. 🎯 Trade Setup: • Entry: After bearish engulfing on rejection from supply • Stop Loss: Above the recent high • Take Profit: Into 15M demand zone, near previous Asian session highs ⸻ If you want, I can also add a few hashtags for better visibility: #GBPUSD #SmartMoney #SupplyDemand #DayTrading #ForexStrategy #NYSession #PriceAction #15MChart #TradeSetup
Short
by MGXTRADE
2
GBPUSD My analysis for 4/10 8:55am. I’ve analyzed all the information—the price action, indicators, candlestick patterns, and the fresh fundamental news—and here’s why I believe this trade is compelling: Overextension and Price Structure: Right now, the price is at 1.29490, which is significantly higher than the recent consolidation range of 1.281–1.285. This tells me that the market has pushed far beyond its comfort zone—a classic setup for a reversal pullback. I recognize this overextension as a warning sign that the rally might be overdone, especially when I consider the intraday price structure. Candlestick Patterns and Timeframe Confluence: On the 1‑hour and 15‑minute charts, I’m seeing strong bearish candlestick formations like bearish marubozu and long-line bearish candles. These patterns show that sellers have been in control, and they typically indicate a clean, unimpeded move to the downside when a reversal begins. Even though there are some mixed signals on the weekly charts (with dojis and uncertain high waves suggesting indecision), the microstructure on the shorter timeframes tells me there's immediate selling pressure that I can exploit. Indicator Confirmation: I’m also paying close attention to my indicators. The RSI on the 1‑hour chart is around 71, pushing into overbought territory, which signals that the upward momentum has likely peaked. Directional indicators, including the PLUS_DI versus MINUS_DI, further support a bias toward a corrective move downward. The ATR of approximately 0.00538 gives me a concrete measure of volatility, which I can use to set a well-defined stop-loss. Fundamental Catalyst: The market’s recent surge has been partly driven by fresh fundamental news—contrasting tariff policies where the U.S. has relaxed tariffs while China hikes them. This divergence has spurred a burst of volatility and risk-off behavior. I see this fundamental news as amplifying the current overextension; the initial rally was impulsive, and now the fundamentals back the idea that the move isn’t sustainable. Trade Setup and Risk Management: Based on this confluence, I plan to wait for a clear reversal signal on the lower timeframes—a bearish engulfing candle or a pin bar, ideally forming around 1.292–1.290. That’s when I would enter a short position. I’d set my stop-loss just above the recent highs (around 1.296–1.297) to accommodate normal volatility, as indicated by my ATR. For my profit target, I’m aiming for the support level around 1.278–1.281, which provides me with a favorable risk/reward ratio. In summary, I believe this trade is attractive because the current price is clearly overextended relative to a recent consolidation, and the technical indicators (including bearish candlestick patterns and an overbought RSI) confirm that sellers have the upper hand in the short term. Coupled with the fundamental catalyst driving uncertainty, it makes sense for me to target a reversal pullback. Waiting for that confirmation around 1.292–1.290 with tight risk controls gives me confidence that I’m entering a high-confluence trade with strong downside potential.
Short
by Sel_Ali
GBPUSD Technical Analysis! SELL! My dear friends, Please, find my technical outlook for GBPUSD below: The instrument tests an important psychological level 1.2924 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.2858 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. 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
Short
by AnabelSignals
1
GBPUSD INTRADAY bullish continuation above 1.2765 support GBP/USD maintains a bullish bias, with the broader trend and structure supporting upside continuation. The recent intraday move appears to be a corrective pullback toward a key prior consolidation area. Key Support: 1.2765 – aligns with the previous consolidation zone and potential bullish inflection point. Upside Targets: 1.2935 – initial resistance level 1.2985 and 1.3026 – medium to long-term bullish targets If price finds support at 1.2765 and forms a bullish reversal, it would confirm the continuation of the uptrend toward the mentioned resistance levels. However, a break and daily close below 1.2765 would invalidate the bullish scenario, suggesting deeper retracement toward 1.2688, with further support at 1.2632 and 1.2600. Conclusion GBP/USD remains bullish above 1.2765. Look for a bounce from this level to confirm upside continuation. A daily close below 1.2765 would turn the outlook bearish, exposing lower support levels. 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.
by TradeNation
WHY GBPUSD BULLISH ?/ DETAILED ANALYSISGBPUSD has successfully completed a textbook retest of a major demand zone around 1.2650–1.2700, and we’re now seeing signs of bullish strength returning to the pair. After a corrective move from recent highs, price respected this zone with high precision, forming a strong bullish rejection candle that signals a potential reversal. With the market pushing back above 1.2850, we now have a clean higher low structure forming, indicating the next bullish leg is likely in play. Technically, the 12H chart structure aligns well with a bullish continuation model. Price broke structure to the upside, came back to retest the neckline of the previous impulse leg, and is now bouncing with solid momentum. This is a classic demand zone reaction paired with a clean V-recovery pattern. As long as GBPUSD holds above 1.2700, I am targeting the 1.3400–1.3460 region in the coming weeks. The risk-reward setup here is highly favorable, with clearly defined invalidation below 1.2650 and upside potential aligned with macro sentiment. On the fundamental side, GBP remains supported by persistent wage growth and sticky inflation in the UK economy, leading the market to price in fewer near-term rate cuts from the Bank of England. Meanwhile, the US dollar has started to show cracks as softer inflation data and slower NFP numbers last week are reducing expectations for further Fed tightening. This divergence in policy outlook between the BoE and the Fed is fueling GBPUSD upside, especially as the pair trades around key psychological levels. Overall, with a strong confluence of technical bounce from demand, bullish fundamentals, and market sentiment shifting toward risk-on, GBPUSD looks well-positioned for further upside. A break and hold above 1.2900 will likely accelerate the move toward 1.3460. I'll be watching closely for momentum continuation setups as the pair builds bullish pressure in this zone.
Long
by AndrewsMarket-Mastery
2
Will 3 Times Be The Charm For GBPUSD??We can see FX:GBPUSD retrace a tad further up to the Volume Imbalance that was created over the weekend of April 4th - 7th. After Price made its High @ 1.3207, it was immediately rejected back down below the Past Level of Support that is now showing signs of Resistance! - Following that Higher High not only resulted in a Lower Low but also sent the RSI under 50 into Bearish Territory! Now in the ICT Methodology of Volume Imbalances, Price is likely to Test or Fill the Imbalance, then once satisfied, has a high potential to turn the opposite direction. Now a Pullback to Fill the Imbalance would land Price right at the 38.2% Fibonacci Level @ 1.28984 where if Bulls are unable to push Price back above, would be an excellent Shorting Opportunity for Bears to overcome. - RSI is now below the 50 suggesting Bulls have lost steam and strengthens the potential for more downside to occur but that would call for a Break and Retest Scenario on the Rising Support. Fundamentally, the Federal Reserve will be releasing the CPI y/y and m/m results where analysts believe there to be a .3% decrease in inflation forecasting a 2.5% CPI for March from the previous 2.8% for February. Given this, the FOMC " do not plan to come to rescue Trump with rate cuts" and insist that all the Tariff pressure will actually be a reasoning for Inflation to Rise! So if CPI ends up printing Hotter than Expected (Higher), we could see a renewed strength in the USD.
Short
by Novi_Fibonacci