GBPUSD-Possible Long TradeSee my analysis and wait for market to tap in marked areas. Confirm it on LTF and the enter
USDGBP trade ideas
GBPUSD - Pull Back As for EUR we can have a pull back with target to 1.29
Trigger is break of top
Volatility can be increase .. attention
Bullish bounce off pullback support?GBP/USD is falling towards the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.2526
Why we like it:
There is a pullback support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.2463
Why we like it:
There is a pullback support level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 1.2660
Why we like it:
There is a pullback resistance level.
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GBP/USD Analysis for the Coming Week (Feb 17 - 21)
Market Overview: Last week, the pound experienced significant gains, driven by stronger than expected UK GDP reports. Despite strong CPI figures, the dollar generally weakened due to Trump's reciprocal tariffs wait.
Price Action:
Weekly Performance: Price bounced off the weekly iFVG to close higher, taking out previous weekly highs.
Imbalances: Multiple imbalances were left, most notably the daily FVG which aligns with the 4-hour and 1-hour buy-side imbalances.
Targets: Price is expected to fill these imbalances and move higher, targeting:
Last week's high at 1.2630
External range liquidity at 1.2665 and 1.2700
Monthly Outlook : The monthly candle is being pulled towards the imbalance at 1.2800.
Monday is a holiday no news will be waiting for trump speech on tuesday a, uk cpi y/y wednesday together with FOMC.
Conclusion: Overall, GBP/USD is set to continue its upward momentum, with key levels to watch being 1.2630, 1.2665, 1.2700, and 1.2800.
Bearish on GBP/USD |15M TF analysis This is my analysis on GU. We took buy side liquidity and then broke structure to the downside. Waiting for price retrace back up into a 30 minute order block with a 15M imbalance inside of it and liquidity resting right below it. Will scale down to lower timeframe 1-5M and see what price action does from this zone.
GBP/USD: Distribution Signals a Drop to 1.25GBP/USD appears to be in a distribution phase, struggling to break through resistance around 1.2620. The price has formed multiple rejection points at this level, indicating weakening bullish momentum.
The recent lower high, combined with a potential break of the ascending trendline, suggests sellers are regaining control. If price breaches the key support zone, a move towards the 1.2500 region becomes increasingly likely.
With a bearish harmonic pattern and liquidity grab indications, GBP/USD could see further downside as selling pressure intensifies.
GBPUSD H4 | Bearish Drop Based on the H4 chart, the price is approaching our sell entry level at 1.2717, an overlap resistance that aligns close to the 161.8% Fibonacci extension.
A rejection at this level could drive prices lower toward our take profit at 1.2624, a pullback support.
The stop loss is set at 1.2810, a swing high resistance.
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Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPUSD - ANALYSIS👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on GBP/USD with you.
Based on the daily timeframe, a key level to watch is 1.26172. If this level is broken to the upside, I expect further bullish momentum for GBP.
📉 Expectation:
Bullish Scenario: A breakout above 1.26172 could lead to further upside movement.
Bearish Scenario: If this level holds, I anticipate GBP to start a strong downtrend, targeting the range of 1.20978 to 1.20571.
💡 Key Levels to Watch:
Resistance: 1.26172
Support: 1.20978, 1.20571
💬 What’s your outlook on GBP/USD? Let me know your thoughts in the comments!
Trade safe
short idea previously as I stated on my last short idea for GU this is a closer look in what I am looking for
once price breaks below 1.25800 I will wait for a retest to go lower
price also left an imbalance around 1.25100 many buy orders around that region I believe will eventually get filled in and would be in confluence with the strong structure it broke on the H4
GBPUSD Technical Analysis! SELL!
My dear subscribers,
GBPUSD looks like it will make a good move, and here are the details:
The market is trading on 1.2588 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.2490
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
GBPUSD EXPECTATIONSGBPUSD completed +40pips from my Friday analysis now price made a bounce from the equal previous higher lows am looking forward to see price made a pull back up to 1.26311 then any rejections from there is a sell entry down to 1.23777.....
LETS KNOW YOUR VIEW ON THIS........
GBPUSD Short Trade SetupPrice made a decent liquidity sweep at the previous high, and successfully broke the structure at the bottom. If we can continue to see price retrace correctively, we have a sell trade opportunity soon.
GBPUSDWe are trending UP but the price now show as weaknes for buyers and we think that gone to the level 61.8
LR
GBPUSD swing buyGBPUSD is currently in a uptrend as we can see its having Higher Highs and Higher Lows , plus it broke our daily trendline and then came back for a retest ,its just what we needed but im in already
gbpusd|foxforexgbpusd broke the wedge formation it made. I actually entered a position when it broke but I didn't share it. It's currently at the price level where I opened a long again. I think it's a good position if anyone wants to evaluate it.
GBPUSD M15 I Bearish Drop Based on the M15 chart, the price is rising toward our sell entry level at 1.2618, aligning with a pullback resistance level and the 50% Fibonacci retracement. This setup suggests a potential bearish reversal.
A rejection at this level could drive prices lower toward our take profit at 1.2596, a pullback support that aligns with the 78.6% Fibonacci retracement.
The stop loss is set at 1.2634, a resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (fxcm.com/uk):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (fxcm.com/eu):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (fxcm.com/au):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au
Stratos Global LLC (fxcm.com/markets):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBP-USD Local Long! Buy!
Hello,Traders!
GBP-USD made a bullish
Breakout while trading
In an uptrend and is now
Making a retest of the
New horizontal support
Level of 1.2618 so as we
Are locally bullish biased
We will be expecting a
Further bullish move up
Buy!
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Check out other forecasts below too!
Potential Bullish Trend Buy SetupPotential Bullish Trend Buy Setup
After Yesterday I realized the New LL on the 4H was a daily Liquidity sweep, missed it completely
With this Trade Setup I'm looking to take potential Buys with the bullish Trend
gbpusd will go to weekly supply currently going to weekly supply then we we should expect a big long term short
GBP_USD GROWTH AHEAD|LONG|
✅GBP_USD is making a
Retest of the new horizontal
Support level of 1.2616
While trading in an uptrend
So we are bullish baised
And we will be expecting a
Further bullish move up
LONG🚀
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GBPUSD LongWaiting for sweeping the Sellside liquidity, I see mainly the Accumulation / EQL / SSL but I think it should go even lower. Yesterday it couldnt grab and was hard for it and thats why I suppose it will go to 15M Imbalance after big push and than looking for bullish confirmation.
UK Employment and Inflation Numbers Ahead; GBP/USD Drifting ArouWhile the UK is evading US tariffs for now, its economy continues to face a somewhat undecided future, with taxes on business set to increase in April and a lingering drag from the elevated interest rates.
However, this week’s focus shifts to a rather busy slate of economic data in the UK. Regarding tier-1 metrics, I will largely focus on Tuesday’s employment figures for December 2024 and the January CPI inflation (Consumer Price Index) report on Wednesday. The data comes on the heels of last week’s better-than-expected GDP (Gross Domestic Product) numbers for December 2024.
BoE: ‘Gradual and Careful’ Approach
You will recall that the Bank of England (BoE) recently cut the Bank Rate by 25 basis points (bps) to 4.50% – which did not raise too many eyebrows – and the BoE Governor signalled a ‘gradual and careful’ approach to easing policy. However, the 7-2 MPC vote split (Monetary Policy Committee) caused a stir. BoE member Catherine Mann – a known hawk – joined Swati Dhingra (dove) and voted to cut the Bank Rate by 50 bps.
The central bank also released updated quarterly projections revealing an upward revision to inflation and weaker GDP, and it forecasted that the Bank Rate would remain higher for longer. Inflation is expected to rise by 2.8% in Q1 25 (versus 2.4% in the previous forecast) and increase by 3.0% in Q1 26 (versus 2.6% in the previous forecast), followed by inflation cooling back to the BoE’s 2.0% target in 2027. GDP growth is now expected to grow by 0.4% in Q1 25 (down from 1.4% in the prior forecasts), with economic activity predicted to grow by 1.5% in Q1 26. The BoE also estimates that the Bank Rate will remain around 4.5% in Q1 25 but likely fall to 4.2% in Q1 26, against previous forecasts for 3.7%. Markets are currently pricing another 57 bps worth of cuts this year (little more than two rate cuts).
UK Employment and Inflation Data Eyed
UK employment numbers will be released tomorrow at 7:00 am GMT and are expected to show unemployment ticked higher to 4.5% between October to December 2024, up from 4.4% in November. In terms of wages, both regular pay and pay that includes bonuses are forecast to increase by 5.9% on a year-on-year basis (YY), up from 5.6%. However, while market participants will widely watch the jobs report, which can prove market moving, it is essential to remember the validity of the survey’s data remains in question.
Wednesday welcomes the January CPI inflation data at 7:00 am GMT, which is expected to reveal increasing price pressures across key measures. Headline YY CPI inflation is forecast to increase by 2.8% (from December’s reading of 2.5% ), consistent with the BoE’s updated forecasts. The current estimate range is between a high of 2.9% and a low of 2.4%. YY core CPI inflation – excluding volatile food, energy, alcohol, and tobacco items – is estimated to have increased by 3.7%, up from 3.2% in December (estimate range between 3.8% and 3.3%). Regarding services inflation, the YY print is anticipated to rise by nearly a whole percentage point to 5.2%, compared to December’s reading of 4.4%. A rise in price pressures, particularly data that meets or exceeds upper estimates, could prompt investors to pare back rate-cut bets this year. This also places the central bank in a somewhat difficult position, given that it not only reduced the Bank Rate last week, but two MPC members also voted for an outsized 50 bp reduction.
GBP/USD: Monthly Bullish Engulfing Formation?
The monthly chart shows price is on the verge of pencilling in a bullish engulfing pattern from support at US$1.2173 (textbook engulfing patterns focus on the real bodies, not the upper and lower shadows). Monthly resistance demands attention overhead at US$1.2715, with a break of this barrier likely paving the way north for further outperformance towards another layer of monthly resistance coming in at US$1.3111.
Interestingly, buyers and sellers are squaring off at resistance from US$1.2608 on the daily timeframe. The supply area directly to the left of current price (red area) was weak (as noted in a previous piece I posted), with technical buying gathering steam from retesting trendline resistance-turned-support, extended from the high of US$1.3428.
If inflation comes in broadly higher than expected, this will likely underpin a bid in the GBP/USD (British pound versus the US dollar) and perhaps pull the currency pair beyond current daily resistance towards the monthly resistance mentioned above at US$1.2715, closely shadowed by another layer of daily resistance at US$1.2752.
Written by FP Markets Market Analyst Aaron Hill
