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U.S. Dollar / Pound Sterling

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GBP/USD Short Setup: Rising BoE Rate Cut Bets Weigh on the PoundThe British Pound is facing renewed pressure, trading around $1.264, slightly below the 10-week high of $1.2669 reached on February 20th. With BoE policymaker Swati Dhingra advocating for a larger half-point rate cut, traders have increased their bets on monetary easing. Market expectations now price in 56 basis points of rate cuts this year, with the first cut likely by June—or even as early as May. Weak consumer spending, subdued inflationary pressures, and a cooling labor market continue to support a dovish stance. Meanwhile, external factors, including Trump’s tariff stance on Mexico and Canada and tougher restrictions on China’s semiconductor industry, add to market uncertainty. With the BoE leaning dovish and the USD potentially strengthening amid risk-off sentiment, GBP/USD looks primed for a short opportunity. Watch for potential breaks below $1.260 as confirmation of downside momentum. 📉💰 #GBPUSD #Forex #BoE #RateCuts #Trading #ForexAnalysis
Short
by FaithdrivenTrades
GBP/USD LONG POSITIONSGBP/USD 4H - This is an update from our Sunday Sessions analysis, as you can see price has played out perfectly, trading down and into the Demand Zone we had marked out. After trading down and into this area we have seen price go on to set new highs which is great as price continues to put in bullish structure. We should be actively looking to go long in this market until price breaks a protected low set within the 4h timeframes, once we have relevance to go short we will do but until then look to go long. If you look closely price has recently come to clear the inefficient structure that was created from this large green candle. Now would be the perfect time to look for areas to go long from.
Long
by Lukegforex
GBP/USD Approaching Key Reversal ZoneThe GBP/USD pair has reached a critical resistance area around 1.2658, aligning with the 1.13 Fibonacci extension level of the harmonic Gartley pattern. The price action suggests potential exhaustion in the bullish trend, with signs of rejection near this level. A confirmed reversal could lead to a corrective move towards key support zones at 1.2456 and 1.2320. However, if the pair sustains above 1.2685, further upside towards 1.2732 and the HOP level at 1.2843 remains possible.
Short
by BeaucoupPips
GBP/USD – Bearish EHNW Pattern in Play!📉 Bearish Reversal Alert! GBP/USD has formed a Bearish EHNW Pattern, signaling a potential reversal near the 1.26720 – 1.26810 resistance zone. 🔍 Key Technical Insights: Price is approaching the 1.618 Fibonacci extension of the O-X leg, a critical level for pattern completion. The B-point retracement aligns with a 1.414 extension, reinforcing bearish confluence. If price respects the 1.26720 – 1.26810 zone, we could see a sharp rejection leading to a potential drop toward lower support levels. 📊 Trading Outlook: Bearish Confirmation: Watch for rejection signals in the resistance zone before entering short positions. Invalidation: A strong break above 1.26810 could invalidate the setup. Target Zones: Initial support levels around 1.26100 – 1.25800. 🔥 What’s Next? Will GBP/USD respect this bearish setup, or will bulls push through resistance? Drop your thoughts below & don’t forget to boost & share if you found this analysis valuable! 🚀📉
Short
by Mohammad_Mirdehghan
GBPUSD - now current support? HOLDS OR NOT?#GBPUSD.. perfect move from final bottom as we discussed in our last idea, and market continue holding his immediate bottoms. now market made his current supporting region that is from 1.2590 to 1.2630 around that 40 pips region will be our most important supporting region for current week. keep close that region and only holds your buying positions above that and keep in mind. we will go for CUT N REVERSE below that region on confirmation. good luck trade wisely
by AdilHussain731333
GBP/USD 4H Chart Breakdown – Bullish Outlook Toward Daily SupplyMarket Structure & Key Zones: Current Price: 1.26217 Daily Supply Zone: 1.26744 – 1.26252 (Strong Resistance) Higher Timeframe Order Block (HOTW): 1.26744 Lower Timeframe Order Block (LOTW): 1.26252 Key Support Zone: Around 1.25500 (Recent Liquidity Sweep) Key Observations: 1. Break of Structure (BoS) Confirmed: Multiple BoS events indicate a bullish shift in market structure. Price has been making higher highs and higher lows, showing strength. 2. Liquidity Sweep & Trendline Support: A previous liquidity grab below 1.25500 has fueled bullish momentum. The ascending trendline suggests continued support for higher prices. 3. Possible Bullish Scenario: Price might retest the LOTW zone (1.26252) before a push higher. If buyers hold this level, expect a move toward the HOTW level (1.26744). A breakout above 1.26744 could see GBP/USD extending towards 1.2700+. 4. Bearish Rejection Scenario: If price fails to hold above 1.26252, it may retest the liquidity sweep zone near 1.25500. A deeper drop below this level could shift sentiment bearish. Final Thoughts: Bullish Bias: As long as price holds above 1.26252, expect a move toward 1.26744. Breakout Watch: A confirmed close above 1.26744 could open the door for higher prices. Invalidation Level: A drop below 1.25500 would challenge the bullish outlook.
by Steve_xAs
GBPUSD Rally: Will It Retrace? Key Liquidity Zones & Trada Idea.📈 The GBP/USD has seen a significant rally recently, with previous highs on the weekly and daily higher timeframes acting as potential upside targets. But the big question is: how far could the pair retrace? 🤔 On the daily timeframe, we can clearly see a bullish imbalance that might serve as an internal range liquidity target for a pullback. This aligns with the market's natural behavior of seeking liquidity and rebalancing inefficiencies. 🔄 In this video, we dive into the trend 📊, market structure 🧩, and price action 🎯, discussing key factors like the imbalance and liquidity dynamics to keep in mind. Plus, we share a trade idea based on a specific set of rules on the 15-minute timeframe ⏱️. ⚠️ Not financial advice – this is for educational purposes only! 🚨
Long
by fxtraderanthony
GBP/USD Elliott Wave Analysis, by Pro. Ally MugaboThis chart follows Elliott Wave Theory, showing a completed 5-wave impulse followed by an ongoing ABC correction. 📌 Key Analysis: The 1-5 impulse wave is complete. We are now in an A-B-C correction, with wave C pushing higher. Potential reversal zone (PRZ): Between 50% - 78.6% Fibonacci retracement. Wave C target: 1.14 - 1.12, aligning with 61.8% - 78.6% Fibonacci retracement. 📉 Trading Implications: Look for a bearish reversal around 1.30 (Fib 50%-78.6%). Wait for confirmation of selling pressure before entering a short trade. Stop-loss: Above the reversal zone. Profit target: 1.14 - 1.12 area. Good lucky
by ElliotWaveUnite
1
GBP/USD 4-Hour Time Frame AnalysisGBP/USD 4-Hour Time Frame Analysis On the 4-hour timeframe, GBP/USD is in an uptrend, consistently forming higher highs (HH) and higher lows (HL). Recently, price broke above two minor key levels, now acting as support between 1.25600 and 1.26000. Following the breakout, price retraced below the first minor key level (1.25600) after breaking the second minor key (1.26000). This retracement suggests a liquidity grab, where market makers accumulate buy orders by targeting stop-losses placed below these levels. Currently, the price is positioned above the 1.26000 level, indicating potential continuation of the uptrend. If price confirms liquidity accumulation and breaks above the second minor key level again, we will wait for a 4-hour candle to close above 1.26000 for confirmation. Upon this confirmation, we will place a buy limit order at 1.26170, aligning with our risk parameters. Buy Limit Entry: 1.26170 (above key level) Stop Loss (SL): 1.25500 (below liquidity) Take Profit (TP): 1.27860 (next minor key resistance) Key Levels: Minor Support: 1.25600 (previously broken) Minor Support: 1.26000 (current key level) This plan aims to capitalize on the continuation of the bullish structure while maintaining disciplined risk management. Fundamental Analysis: In February 2025, several key developments influenced the GBP/USD exchange rate: Bank of England's Interest Rate Cut: The Bank of England (BoE) reduced its interest rate from 4.75% to 4.5%, aiming to support the economy amid a bleak outlook. This move contrasts with the Federal Reserve's decision to maintain steady rates, which led to a 0.9% decline in the pound against the U.S. dollar, bringing it to $1.238. Lower interest rates typically weaken the currency, but the recent technical recovery suggests buyers are stepping in, especially as liquidity zones are tested. Conclusion: Given the current uptrend structure and the fundamental backdrop, we anticipate further upside movement if the price confirms a break above 1.26000 on the 4-hour chart: Technical Confirmation: If the price closes above 1.26000, we will enter a buy limit at 1.26170. Risk Management: Our stop loss is set at 1.25500, while our take profit targets 1.27860. Fundamental Factors: Despite the BoE's rate cut, positive sentiment from trade policy developments and market reaction to liquidity zones suggests potential for a short-term bullish move. By combining technical confirmation with these fundamental insights, we maintain a buy bias with a carefully managed risk-reward strategy. 📌 Disclaimer: This analysis is for informational and educational purposes only and should not be considered financial advice. Trading involves risk, and you should conduct your own research before making any investment decisions. Past performance does not guarantee future results.
Long
by RebornFXTrader