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GBPUSD Analysis 10:40am 4/16Here’s my updated resistance zone analysis for GBP/USD, combining all the technical and fundamental data: Resistance Levels & Why They Matter 1.3265 – Immediate Resistance GBP/USD tested this level today, and it acted as a short-term barrier. This level aligns with recent swing highs and pivot point calculations, making it a key area where sellers may step in. 1.3305 – Next Resistance Zone If price breaks above 1.3265, the next resistance is around 1.3305, based on historical price action and pivot analysis. This level has previously acted as a turning point, meaning traders may look to take profit or enter short positions here. 1.3430 – Stronger Resistance This level was identified in recent market analysis as a former multi-month high. If GBP/USD continues its bullish momentum, this could be a major resistance zone where price struggles to push higher. 1.3640 – Long-Term Resistance Target If GBP/USD breaks above 1.3430, the next major resistance sits at 1.3640, which has historically been a strong reversal point. This level represents a significant psychological barrier, where traders may reassess the trend direction. How I Derived These Levels Price Action Review: I analyzed recent swing highs and lows to identify key turning points. Pivot Point Calculations: Using the formula (High + Low + Close)/3, I confirmed resistance zones that align with historical price behavior. Market Analysis: External sources also highlighted 1.3430 and 1.3640 as critical resistance levels2. Moving Averages & Trendlines: These levels coincide with key moving averages, reinforcing their importance. Final Thoughts With GBP/USD currently at 1.32464, I’m watching 1.3265 as the immediate resistance. If price breaks above that, 1.3305 is the next target, followed by 1.3430 and 1.3640 for longer-term moves. These levels are based on a combination of technical indicators, price action, and external market analysis. PLEASE BE ADVISED THAT THINGS CAN CHANGE..! PLEASE FOLLOW MY ANALYSIS TO OBTAIN ANY UPDATED INFO REGARDING GBPUSD.
Long
by Sel_Ali
2
UPDATE ON GU TRADEGBP/USD 1H - Price has recently traded us lower to correct itself, pick up more Demand before taking a move higher. I have gone ahead and marked out the area in which price trade down and into. With price breaking structure fractally on the 15M timeframes, we could look to add to our positions as this gives us enough confluence to suggest that price is now ready to continue with the higher timeframe bullish move. This trade is currently running + 125 pips. (+ 5.4%) 5.4RR A big well done to those of you who are still in on this trade, I have actually gone ahead and taken a full close on this but will continue to monitor the original position for those still in. Those of you who are looking for another entry, as soon as I have something for you I will let you know, as I am also looking to get re-introduced. Any questions drop me a message or comment below!
Long
by Lukegforex
GBPUSD BEARISH FOR 90PIPSGBP/USD Bearish 90-Pip Forecast: Analysis & Strategy Current Market Context: As of the latest data, GBP/USD is trading around 1.3800. A 90-pip bearish target would place the pair near 1.3710. Below is the rationale and actionable plan: Key Drivers for a Bearish Outlook Fundamental Factors: UK Weakness: Dovish Bank of England (BoE) rhetoric, soft UK GDP/CPI data, or rising unemployment could weaken the Pound. USD Strength: Hawkish Fed signals (e.g., rate hike talks, tapering) or strong U.S. jobs/inflation data may boost the dollar. Geopolitical Risks: Brexit uncertainties, UK-EU trade tensions, or global risk-off sentiment favoring the USD. Technical Analysis: Resistance Levels: Failure to break above 1.3850 (a key resistance) or bearish patterns (e.g., double top, descending channel). Momentum Indicators: RSI divergence or MACD crossover signaling bearish momentum. Moving Averages: Price below the 50/200-day EMA, suggesting a downtrend. Trade Strategy Entry Zone: 1.3800–1.3830 (post-retest of resistance). Target: 1.3710 (90 pips). Stop-Loss: 1.3870 (above recent swing high). Risk Management: Use 1:2 risk-reward ratio (e.g., risk 30 pips to gain 90 pips). Adjust position size to limit exposure (e.g., 1–2% of account capital). Critical Events to Monitor UK Data: BoE interest rate decisions, CPI (July 19), Retail Sales. U.S. Data: Fed meetings, Non-Farm Payrolls (August 4), CPI. Global Catalysts: Brexit updates, geopolitical tensions. Contingency Plan Upside Risk: A BoE rate hike surprise or weak U.S. data could reverse the trend. Tighten stops if price breaks above 1.3870. Alternative Scenario: If the drop stalls near 1.3750 (support), secure partial profits and trail stops.
Short
by LORDOFTHETRADERS
UPDATE ON GBP/USD TRADEGBP/USD 1H - Morning people, I hope you are all okay. As you can see price has played out again very well during the Asian session. I believe we will see our TP achieved by the end of todays NY. With price setting new highs and lows above our entry I believe we safe to move our SL to breakeven to avoid taking any losses from this position. A reversal here would mean longer term bearishness anyways. This trade is currently running + 152 pips. (+ 6.4%) 6.4RR A big well done to those of you who jumped in on this trade, if you have any questions with regards to the analysis or the position itself then please drop me a message or comment below and I will get back to you as soon as possible. Ensure you are managing your trades correctly. I have gone ahead and moved my SL to Entry and I have also taken another partial to bank profits and remove any unwanted risk.
Long
by Lukegforex
GBP-USD Free Signal! Buy! Hello,Traders! GBP-USD is trading in an Uptrend and the pair is About to retest a horizontal Support level of 1.3181 From where we will be Expecting a local rebound As we are locally bullish biased So we can enter a long trade With the Take Profit of 1.3290 And the Stop Loss of 1.3147 Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TopTradingSignals
2
GBPUSD H4 | Bullish Bounce Off 23.6% FiboBased on the H4 chart analysis, the price is approaching our buy entry level at 1.3163, a pullback support that aligns with the 23.6% Fibonacci retracement. Our take profit is set at 1.3348, aligning with the 127.2% Fibo extension The stop loss is placed at 1.3015, a pullback support that aligns close to the 38.2% Fibonacci retracement. 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 (tradu.com): 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 (tradu.com): 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 Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
GBPUSD is in the Buying Direction after Testing SupportHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
“GBP/USD Long Setup: Demand Zone Bounce Toward 1.35000 Target ”🔍 Trade Setup 🟦 Entry Point: 1.32171 ➤ Price is near the 7 EMA – good for a possible bounce. 🟩 Demand Zone: 1.31761 - 1.31500 ➤ This is where buyers previously stepped in. ➤ Strong support area – watch for bullish reversal candles here. 🔻 Stop Loss: 1.31141 ➤ Below the demand zone to protect against a fakeout. 🎯 Target Point: 1.35000 ➤ Big upside target – aiming for a strong rally. ⚖️ Risk to Reward ❌ Risk: 1.32171 → 1.31141 = ~103 pips ✅ Reward: 1.32171 → 1.35000 = ~283 pips ⚖️ R:R Ratio: ≈ 1:2.75 – very favorable! ✅ Summary 🔸 Trend is bullish with strong momentum 🔸 EMA is acting as dynamic support 🔸 Demand zone is clearly respected 🔸 Great R:R setup for a long trade
Long
by Jameshead007
GBPUSD Analysis 4/18 11:13amI've been analyzing GBP/USD closely over the past few days, and here's where I stand. The daily historical data shows an overall uptrend from around 1.278 on April 9 to roughly 1.328 on April 18. Although the price has been climbing, I've noticed that momentum is starting to taper off, which makes me question whether this rally might be overextended. On the fundamentals side, a series of high-impact events are coming up. For example, recent UK PMI readings have come in slightly weaker—manufacturing at 44.1 and services at 51—while US indicators like PMIs and housing data have shown mixed results, such as an unusually sharp drop in New Home Sales MoM. These data points suggest both the dollar and the pound are facing headwinds, and they add a layer of uncertainty over the near-term direction. Technically, I've set up a sell trade at 1.32480 with the current price now at 1.32830. My chart tells me that if the market dives further. Overall, while the short-term setup shows some bullish energy, the divergence with longer-term daily averages and the mixed fundamental data make me cautious. I'll be watching for a pullback toward those support levels that might validate my bearish stance. That's it for me for today.. unless something unexpected happens .. Have a great weekend! BTW im looking for another pair to trade comment below your recommendations and why! Thanks!
Short
by Sel_Ali
Elliott Wave Confirms That GBPUSD Has Resumed Its Upward MoveGBPUSD has recently broken above its April 3, 2025 peak of 1.3207, which we identified as wave (1) in the chart. This breakout signals a bullish trend starting from the January 13, 2025 low of 1.2705, suggesting more upward movement ahead. The rally from this low follows a five-wave Elliott Wave pattern. This is a common structure in technical analysis indicating a strong trend. Starting from the January 13 low, the first wave or wave (1) reached 1.3207.,A pullback in wave (2) then followed which ended at 1.2705. This pullback formed a zigzag pattern. Wave A dropped to 1.2823, wave B rose to 1.2934, and wave C fell to 1.2705, completing wave (2). The pair has now moved higher into wave (3). From the wave (2) low, the first sub-wave (wave ((i))) peaked at 1.2864, followed by a dip in wave ((ii)) to 1.274. The third sub-wave (wave ((iii))) climbed to 1.314, and the fourth (wave ((iv))) dipped to 1.3027. The fifth sub-wave (wave ((v))) is expected to finish soon, completing wave 1 of a larger pattern. After this, the pair is likely to pull back in wave 2, correcting the upward move from the April 8, 2025 low. This correction could unfold in 3, 7, or 11 smaller swings before the pair resumes its upward trend. In the short term, as long as the 1.27 low holds, any dips should attract buyers in 3, 7, or 11 swings, supporting further gains.
by Elliottwave-Forecast
GBPUSD macro viewnotice the bullish flow sweeping swing lows and rallying higher. This has brought my attention to the equal highs on the monthly and also checking my indicator u can see the close back in the M range and higher pricing is suggested. we already retested the Wfvg where price reacted from and getting another push higher will suggest a break of that high. As far as my model and strategy i do not trade on mondays so i will sit on my hands to see how the daily candle closes so we trade the expansion for the rest of the week. Mondays can be reversals setting up for tuesdays/wed high of the week or low... anyways the strategy here is trading the weekly/daily range. have an amazing week guys.
by ThunderFX
2