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U.S. Dollar / Pound Sterling

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USDGBP trade ideas

GBPUSD I Possible retest and decline within the channel.Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Short
by BKTradingAcademy
GBP/USD: Relief Rally or Just a Pause Before the Next Drop?GBP/USD: Relief Rally or Just a Pause Before the Next Drop? GBP/USD has been locked in a prolonged downtrend, but recent price action shows signs of a relief rally to the upside. Could this mean the bears are finally running out of steam? Not so fast. While the bounce might be tempting for bulls, it’s essential to consider the bigger picture. The downside momentum isn’t entirely out of the equation just yet. Here’s why: Trend Analysis The long-term downtrend remains intact. Key resistance levels are looming, and the recent upward move might simply be a retracement within the broader bearish structure. Market Cycles Markets often move in cycles, and GBP/USD appears to still be in the middle of a downside cycle. Relief rallies like this are common before the next leg lower, catching overly eager buyers off guard. Fundamental Backdrop The GBP/USD pair is influenced by various factors, including UK economic data, US interest rate dynamics, and market sentiment. As of now, the fundamentals still favor the dollar, adding pressure to the pound. Trade Idea Short-Term Bulls: If you’re considering the upside, proceed with caution and manage your risk. Look for clear confirmation of strength above key resistance levels before committing to a bullish bias. Long-Term Bears: Stay patient. This relief rally could offer an excellent opportunity to short the pair at higher levels, aligning with the overall downtrend.
Short
by UpstreamTraders
GBPUSD ENTRY As I said earlier in the previous post, my trades are based on what is right in front of me I do not force the market to give me what is not there I wait for the whole picture to be clear before I place my orders, there are 2 orders here the first one has been filled already you can join the second and know that once the trade is placed you cannot control the outcome, the market is always right please, you're trading with probabilities. so every placed trade is a losing trade and if the odds are in your favour it will be a winning trade. focus on becoming a good and disciplined trader and stop chasing money.
Long
by Dr_Trade1
GBPUSD STRUCTURE Hi guys it has been a while since you heard from me, we will be looking at the GBPUSD chart structure and as you can see from the callouts on the screen you will see that I have highlighted the important points to make it easy for you to read and understand, remember this is a Bias not a trade confirmation so I will keep you guys updated for trade confirmations, keep your mind flexible to react to what prices will do and be flexible enough to change your biases as prices changes, do well to like share and follow.
Long
by Dr_Trade1
GBP/USD: Bullish Momentum Towards Key Resistance LevelsHello, FX:GBPUSD has reached a fresh 1-week high from the 6-month low of 1.24872. While the pair remains overall bearish, it has established itself above several resistance levels and pivot points. We anticipate further upside towards the 1-month pivot point initially. From there, the next move will depend on how the price reacts. Key resistance levels at 1.28499 and 1.29493 should not be overlooked as potential turning points. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
GBPUSD Sell position SETUP (ACTIVE)We have a SMT model. Whereby price targets buyside liquidity as external range liquidity (PRO trend bearish) and distribute PRO trend. That is our 1st expectation as we enter this trade. Our second one is that IF price break above, we identify our trend as internal bullish as price range would have failed to manipulate enough buy orders to distribute price further downside and we look for the demand that broke structure as our next trading zone Price took our high of week as buyside liquidity PRO TREND BEARISH. As we entered on the BEARISH ORDERBLOCK, our target is the low of week as our next external range liquidity raid. Courtesy of myself and I.
Short
by ZIPHO67
The Wildest Forex Stories You Won’t Believe Actually HappenedIf you think the forex market is all about boring spreadsheets, economic data, and mind-numbing chart patterns, think again. Beneath the surface of the world’s largest financial market lies a treasure trove of jaw-dropping, laugh-out-loud, and occasionally heart-wrenching tales. Some of these stories will make you double-check your stop-losses, while others might tempt you to try your hand at trading—if only for the adrenaline rush. Here’s a whirlwind tour of the forex market’s wildest moments. Spoiler alert: truth really is stranger than fiction. The “Flash Crash” That Shook the Yen Imagine logging into your trading platform, coffee in hand, only to see the yen skyrocket in a matter of minutes. That’s precisely what happened on January 3, 2019, when the USD/JPY pair nosedived by 4% in less than 10 minutes. The culprit? A rare combo of thin holiday liquidity, panicked algorithms, and a trigger-happy market reacting to Apple’s earnings warning . Traders watching the carnage were left rubbing their eyes in disbelief as billions of dollars evaporated faster than you can say “where’s my stop loss.” Some savvy players profited handsomely, while others were left staring at margin calls and wondering if they’d just witnessed a glitch in the Matrix. Lesson learned : Low liquidity markets can be as risky as walking on thin ice. George Soros: The Man Who Made $1 Billion in a Day No list of wild forex stories is complete without the ultimate trading flex: George Soros’s legendary short against the British pound in 1992. Dubbed “Black Wednesday,” this was the day Soros and his Quantum Fund went toe-to-toe with the Bank of England—and won. Convinced by his partner Stanley Druckenmiller that the pound was overvalued and would be forced out of the European Exchange Rate Mechanism (ERM), Soros bet billions on its decline. The result? A cool $1 billion profit in a single day, a humiliated Bank of England, and Soros’s elevation to trading legend. Lesson learned : Never underestimate the power of conviction—or billions in leverage. The Swiss Franc Tsunami On January 15, 2015, the Swiss National Bank (SNB) shocked the world by unpegging the Swiss franc from the euro . In the blink of an eye, the EUR/CHF pair plummeted as much as 19%, and chaos erupted across the forex market. Brokers went under, traders were wiped out, and even the most seasoned professionals were left scrambling for answers. Lesson learned : Central banks play by their own rules, and when they change the game, expect pandemonium. The Trader Who Bet Against the Euro—and Won Big Meet John Taylor, the founder of currency hedge fund FX Concepts and one of the original forex market wizards. In the early 2000s, Taylor made a name for himself by betting against the euro when everyone else was bullish. Armed with a combination of macroeconomic analysis and a deep understanding of market psychology, he rode the euro’s decline to rack up massive profits. His contrarian approach earned him a reputation as a forex maverick, proving that going against the herd can pay off big—if you’ve done your homework. But not for long. Long story short: FX Concepts got up to $14 billion in assets in 2008 and declared bankruptcy in 2013. Lesson learned : In forex, sometimes the best trades are the ones no one else sees coming. But also—it’s tough to know when to call it quits. The Currency Crash That Inspired a Coup In 1997, the Asian Financial Crisis sent shockwaves through global markets, but few places felt it as acutely as Indonesia. The rupiah lost more than 80% of its value , sparking widespread economic turmoil and political unrest that ultimately led to the resignation of President Suharto after 31 years in power. While most forex traders were focused on the numbers, the crisis served as a stark reminder that currencies aren’t just lines on a chart—they’re the backbone of entire economies. Lesson learned : Forex trading can shape history in ways few other markets can. The Pound’s Post-Brexit Rollercoaster In June 2016, the Brexit referendum sent the British pound on a ride so wild it could rival any theme park attraction. As the "Leave" vote defied polls and pundits, the pound plummeted 10%, hitting levels not seen since the 1980s . Traders who had been banking on a "Remain" victory were left scrambling, while those betting against the pound made a killing. The chaos didn’t stop there. In the months and years that followed, every Brexit-related headline became a market-moving event. Negotiation updates? Pound down. Political drama? Pound down. A tiny glimmer of clarity? Pound up—until the next twist. This wasn’t just a currency reacting to uncertainty; it was a masterclass in how politics can take control of forex markets. Lesson learned : Currencies are deeply tied to national identity and global sentiment. And when politics enters the mix, expect fireworks. What’s Your Wildest Forex Story? The forex market is a place of extremes—extreme risk, extreme reward, and extreme stories that prove truth is stranger than fiction. Have your own wild forex story to share? Maybe you caught the Swiss franc wave or survived a flash crash with your account intact. Drop your tale in the comments and let’s get talking!
Education
by TradingView
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