USDGBP trade ideas
GBPUSD pullbackOANDA:GBPUSD
As shown in our pinned analysis, this level was previously considered for a short trade. But after being broken, according to our plan, it has now turned into a buy zone.
We are ready to enter a long position,
but if the price drops below and holds, this level will lose its validity and the analysis will be invalid.
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For detailed entry points, trade management, and high-probability setups, follow the channel:
ForexCSP
PLAN FOR GU Price spiked into supply zone during NY open.
🟡 Now sitting around 1.3360+
We’ve got both LONG and SHORT zones marked.
📌 Two Plans
🔻 SHORT Setup
📍 Entry: 1.33998
🎯 TP: 1.33645
🛑 SL: 1.34099
🎯 R:R ≈ 3.5:1 (High-Risk Reversal)
🔼 LONG Setup
📍 Entry: 1.32839
🎯 TP: 1.33294
🛑 SL: 1.32738
🎯 R:R ≈ 4.5:1
⚠️ NY just opened — wait for confirmation before re-entering.
Let 15M candle show direction after spike.
🔥 High volatility zone — don’t chase.
Cup & Handle - Bullish Continuation PatternFX:GBPUSD continues its bullish trend, printing higher highs and higher lows. Currently price has formed a Cup & Handle pattern signalling potential bullish continuation!
Following the analysis, buys should only be triggered once neckline / resistance has been broken!
Bearish reversal off pullback resistance?The Cable (GBP/USD) is rising towards the pivot which is a pullback resistance and could reverse to the 1st support which acts as a pullback support.
Pivot: 1.3434
1st Support: 1.3100
1st Resistance: 1.3767
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WAIT PATIENTLY for your SET UPS - Don't chase the MARKET!!!All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
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GBPUSD - Potential Sell (Day trade) & Buy (Swing trade)Hi Traders,
My view on CMCMARKETS:GBPUSD , we are SELLING for now
Price Action Analysis:
Price has recently failed to resume the previous bullish momentum, showing signs of buyer exhaustion.
On the daily chart, the market attempted to push higher but was rejected.
This suggests that the sell-side is still active, and we may see a temporary move downward as sellers continue to dominate short-term flow.
However, if price approaches a key zone or shows signs of buyer strength returning, we will begin to look for buy opportunities.
Good Luck
EUR/USD BEARISH CONDITIONS IN COMING WEEKSBased on current seasonal tendencies and aligning with ICT principles of market structure and liquidity, EUR/USD exhibits a bearish tone for the coming weeks. Seasonally, the Euro tends to weaken in late Q2 (May–June), especially ahead of summer illiquidity and USD strength driven by institutional positioning.
The market structure has shifted bearish, with a clear break of previous daily swing lows and lower highs forming. Liquidity sweeps above recent highs have been followed by aggressive sell-offs, indicating smart money distribution.
Until major support or a significant shift in order flow occurs, the bias remains bearish, with potential downside targets aligned with previous imbalance zones and daily FVGs (Fair Value Gaps) below.
GBP/USD 1HOUR BEARISH I'm providing here (GBP/USD, 1-hour timeframe)
Pattern Observation:
The price tested a resistance zone around 1.33400 – 1.33550 multiple times (triple top).
A potential bearish move is forecasted, as indicated by the drawn black and blue arrows.
Ichimoku Cloud shows bearish pressure (price is under the cloud).
Suggested Trade Setup:
Trade Type: Sell (Short)
Entry Point:
Around current price: 1.32800–1.32900
Take Profit (TP) Levels:
TP1: 1.32000 (recent support area)
TP2: 1.31580 (target marked on the chart)
TP3: 1.30800 (next key support zone if momentum continues)
Stop Loss (SL):
Above the resistance zone: 1.33550–1.33600
This protects the trade if price breaks above the established resistance.
Risk Management Tips:
Risk no more than 1–2% of your trading capital.
Adjust lot size based on SL distance and your risk tolerance.
Monitor for major news events near the 21–23 May period as marked on your chart.
GBPUSD inverted head and shoulder?Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD - Double Top Formation in Focus?The GBP/USD pair is currently trading at 1.3278, showing signs of consolidation within a well-established range after recovering from the early April lows near 1.2700. Price action over the past month has created a series of higher lows while repeatedly testing resistance in the 1.3400-1.3450 zone highlighted by the light blue rectangle. The higher probability scenario suggests that cable is likely to make another push toward this critical resistance area, potentially forming a double top with the early May peak around 1.3450. This technical formation would be significant for traders, as a successful breakout above this double top structure could trigger a substantial bullish move, while rejection might lead to a deeper correction. However, the current market structure and momentum favor an eventual upside resolution, with the green arrow indicating a potential target above 1.3450 if buyers can muster sufficient strength to overcome this formidable resistance level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
DON'T MISS OUT ON GBPUSD SHORTS IN W21 OF Q2 Y25GBPUSD SHORT FORECAST Q2 W21 Y25
DON'T MISS OUT ON GBPUSD SHORTS IN W21 OF Q2 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅Intraday 15' order blocks
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GBPUSD Short Trade📉 Trade Type: Short
Entry Point: Around 1.3270–1.3280, near the breakout of the triangle pattern (highlighted by the yellow circle).
Chart Pattern: Symmetrical triangle breakdown with lower highs forming resistance.
Current Price: ~1.32696 at the time of screenshot.
🎯 Targets & Stop Loss
Stop-Loss (SL): Above triangle resistance / recent high → around 1.32889
Take-Profit (TP):
TP1: 1.32464 (local support)
TP2: 1.32168 (major support zone)
Extended TP zone: Below 1.31744 if breakdown continues.
🔍 Technical Confluence
Price rejected from strong resistance near 1.33049–1.33233.
Red candles forming below trendline.
Breakdown retest in progress at the triangle apex.
✅ Trade Idea Summary
Risk-Reward Ratio: Looks favorable (R:R approx. 2:1 or more).
Bias: Bearish due to triangle breakdown, retest confirmation, and lower high structure.
GNPUSD above 1.32000 price level A break of May 15th has been broken and prive hovering aboe price level 1.32000, opening a bullish run to 1.33640
how ever if the pair fake the price and move below 1.32000 the rice will be looking to test 1.32000 amd 1.31000 price level then move up to 1.33640 and above to 1.38000
GBPUSD Week 21 Swing Zone/LevelsNot Always.
Not always will price conform to hypothesis, but in following good RRR success is assured.
We setup week 21 levels and zone as shown with the predicted pathways.
Trade Parameters: Entry on 5 mins chart
Sl 10-15pips
TP usually dynamic but typically 5x
Follow on for trade updates.
As Always PRICE determines trades
GBPUSD COT and Liquidity AnalysisCOT Report Analysis:
We can see 6K drop in the longs. closed on the Tuesday highs, if they want to take prices higher, they will build a poosition on the lower prices. Hence, I think we will see a bearish week.
Hey, what up traders, another week, another COT data and Liquidity report. This is a big part of my FX Trading. I'm always trying to trade with the Big players, so knowing their positions is a good thing.
📍Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again, we as retail traders have a disadvantage, but there is the possibility to read between the lines. Remember, in the report is what they want you to see; that's why prices mostly reverse on Wednesday after the report, so their cards are hidden as long as possible. However, if the trend is running, you can read it and use it to your advantage.
📍Tip: If the level has confluence with the high volume on COT, it can be strong support / Resistance.
Analysis done on the Tradenation Charts
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
Have a great trading week, see in the next report.
— David Perk aka Dave FX Hunter ⚔️