Get started

U.S. Dollar / Pound Sterling

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

USDGBP trade ideas

Falling towards overlap support?GBP/USD is falling towards the support level which is an overlap support that aligns with the 78.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.2528 Why we like it: There is an overlap support level that is an overlap support which aligns with the 78.6% Fibonacci retracement. Stop loss: 1.2335 Why we like it: There is an overlap support level. Take profit: 1.2676 Why we like it: There is a pullback resistance. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by VantageMarkets
GBP/USDOn Monthly, 200, 50 and 20 EMA are above the price and Bearishly going down to 1.2480 Support and 52 Weeks Low @ 1.2090. On Weekly, 200, 50 and 20 EMA are above the price created a solid Bearish candle . On Daily, 200, 50 and 20 EMA are above the price and it shows that has cut through 1.275 Support and Daily Trendline. on 1H chart, it has formed Morning Star for pull back / Correction and it shows 200, 50 and 20 EMA are above the price. It definityely show a confluence of a strong Bearish move.
Short
by Ha-Lion
GBPUSD Swing Trade Idea Using the 3W timeframe. 1.GBPUSD is in a bearish trend 2. I am looking for Sells (LH) 3.Current trend is Pro-Trend (>Using Daily timeframe) Price on the 3W timeframe has tapped and rejected on my Fib entries, this indicates a possible structure re alignment on this timeframe. But the confirmed setup will take time to form. Therefore: using the daily timeframe, i can confirm that GBPUSD is in a bearish trend, price has recently tapped just below a liquidity area. No stable LL has been formed yet so, i will wait for a clear LL to be formed then apply the same method: Identify the last BOS, followed by the last LH and the recent LL, apply Fib to get the ideal discounted entry price for shorts. Patience can be rewarding. FX:GBPUSD
Short
by Ocean98
Forex Trade Planning: USD Dominance and Potential CorrectionToday's trade planning session highlighted the USD as the strongest currency on the daily Currency Strength Index (CSI), while the EUR emerged as the weakest. General CSI Overview: Buy pairs: USD, CHF, GBP, JPY, AUD Sell pairs: CAD, NZD, EUR In our H1 timeframe market analysis, we anticipate a deeper correction in existing trends. The wave structure for major pairs versus the USD has reached momentum high and momentum low 5. From this level, a correction of the trend is expected. It is important to note that significant effort and time are required for a trend reversal. Nevertheless, there has been a notable decline, breaking key structures in USDJPY, which could indicate a more substantial downturn for the USD and potentially lead to a larger secondary trend. Trade carefully and happy trading!
by Charts247TradingAcademy
GBPUSD | Market outlookQ3 GDP Results - QoQ: Rose by 0.1% (below the forecast of 0.2%). - YoY: Increased by 1.0% (above the expected 0.1%). - September GDP: Declined by 0.1% MoM and 1.0% YoY, missing estimates of 0.2% MoM and 1.1% YoY. Economic Pressures - A sharp increase in the tax burden on businesses, announced by Chancellor Rachel Reeves, is straining the economy. - September industrial production dropped by –0.5% MoM (forecast: 0.1%) and by –1.8% YoY (forecast: –1.2%). Monetary Policy Outlook - The Bank of England may consider accelerating monetary easing to support growth. - However, divergence exists within the board. Catherine Mann advocates maintaining current interest rates until inflation risks, including political uncertainties like Donald Trump’s potential election as US President, subside.
Short
by DynamicCapital-FX