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U.S. Dollar / Pound Sterling

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USDGBP trade ideas

GBPUSD - Analysis and Potential Setups (Intraday- 10.02.25)Overall Trend & Context: The OANDA:GBPUSD pair is in an overall downtrend on the higher time frames and lower time frames are in alignment. Technical Findings: Price broke below all EMA's - is now consolidating below. Keep an eye on LTF supply levels between 1.24635 - 1.24530 (within 4h supply). Bullish price action appears inherently weaker against the bears. Potential Scenarios: For now I will only be considering shorts. Trade is active at 1.24150.
Short
by Apexfx_Alpha
Looking at this GBP/USD 1-hour chart: Looking at this GBP/USD 1-hour chart: 1. Supertrend Indicator Analysis: The Supertrend indicator (10,3) is green, showing that the price is in an uptrend. This suggests that buyers are currently in control. The Supertrend works as dynamic support and resistance. In this case, the green line can be seen as a support level. As long as the price stays above this line, the bullish momentum is intact. --- 2. Demand Zone and Support Levels: Demand Zone: The highlighted area below Support 2 indicates a strong buying zone. Price has previously rebounded sharply from this area, meaning buyers are likely to step in if the price revisits this zone. Support 1: This is an intermediate support level. If the price pulls back slightly, it may find support here before continuing higher. It's a good zone to watch for bullish price action patterns like pin bars or engulfing candles. Support 2: This level is stronger than Support 1, as it coincides with the demand zone. A deeper retracement to this level would still keep the overall bullish bias intact. --- 3. Rising Channel: The ascending channel indicates that the price is making higher highs and higher lows, a characteristic of an uptrend. Key Levels to Watch: A breakout above the channel's upper boundary could signal an acceleration in the uptrend, opening the door for further bullish targets. A break below the channel's lower boundary could mean the price will retrace further, potentially toward Support 1 or the demand zone. --- 4. Key Resistance Zone: The price is approaching the 1.25696 resistance level, which aligns with the upper boundary of the ascending channel. If the price struggles to break above this level, it could signal a short-term pullback. However, a strong breakout with high volume could suggest further upside potential. --- 5. Trade Ideas: Bullish Scenario: Pullback Entry: If the price pulls back to Support 1 or the lower boundary of the channel, look for bullish candlestick patterns (e.g., hammer or bullish engulfing) for a long entry. Breakout Entry: If the price breaks and closes above the 1.25696 resistance, enter a buy position targeting the next significant resistance (likely 1.2600-1.2650 range). Bearish Scenario (Short-Term Correction): If the price breaks below the lower boundary of the channel, expect a pullback toward Support 2 or the demand zone. In this case, short-term selling opportunities might arise. --- 6. Risk Management: Use a stop-loss below Support 1 or the demand zone (depending on your entry). Target a reward-to-risk ratio of at least 2:1. Be cautious of fundamental events (e.g., U.S. or U.K. economic data) that could cause volatility in GBP/USD.
by mrsagarfx
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
GbpUsd could continue its reboundAfter breaking above the falling trendline from the end of January, GBP/USD has entered a consolidation phase between 1.23 and 1.25. Recently, the pair tested the support zone once more and began to rebound. In my opinion, the upward movement will continue, and we could see a test of the next resistance above 1.26. In conclusion, I am looking to buy dips below 1.24, with invalidation occurring on a daily close below 1.23. 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 Mihai_Iacob
GBP.USD Longs from 1.25600 back upI expect GBP/USD to continue its bullish momentum and push higher. Following the previous break of structure, I am looking for price to mitigate the 2-hour demand zone to maintain this upward trend. If price does not react from this level, I have also identified a 3-hour demand zone as a secondary point of interest. If price reacts bullishly from either of these zones, my next selling opportunity will be at the refined 1-hour supply zone around 1.26600. Once price reaches this level, I will look for signs of distribution to confirm a potential short setup. Confluences for GU Buys: - For price to continue higher, it must mitigate a strong demand zone to gain momentum. - Liquidity remains above, providing a natural target for price. - The higher time frame trend is still bullish. - Clean 2-hour, 3-hour, and 11-hour demand zones are in close proximity. - DXY has been bearish, which aligns with this bullish GU outlook. P.S. If price drops instead, I have an extreme discounted zone marked at the 11-hour demand zone at the bottom as a potential long entry.
Long
by Hassan_fx
DeGRAM | GBPUSD growth in the channelGBPUSD is in an ascending channel above the trend lines. The price is moving from the lower boundary of the channel, broke the upper trend line and is holding above the 62% retracement level. The move above the $1.25 level was a strong argument to continue the upside and break the local downtrend structure. We expect that after holding above the 62% retracement level, the chart will continue to rise towards $1.28, but it will be important to watch the pair's reaction to the upper channel boundary. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
3
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
GBPUSD Weekly Chart Analysis for Position Traders💥 GBPUSD is flashing strong SELL signals! 💥 📊 This week, the pair has shown clear signs of weakness, with momentum favoring the downside. Any sharp pullbacks could offer prime SELL opportunities. The market is positioning itself for what could be a significant move lower, so stay alert for the next bearish wave! 🔻 🚨 Trendline Traders, Beware! 🚨 If you're only relying on trendlines for your GBPUSD trades, it might be time for a reality check! 📉⚠️ This week’s price action is showing clear signs of weakness, and sticking to trendlines could leave you on the wrong side of the market. 💥 The market is poised to break lower, so stay flexible and don’t get caught in outdated setups! 🚀 📊 Adapt or miss out! 📉 🚀 Position traders – gear up for the downside! Keep your eyes on GBPUSD, and don’t miss out! 📉👉💥 Happy trading!
Short
by Mike_SnD
1
Lingrid | GBPUSD buying Opportunity at KEY Support LevelAs the FX:GBPUSD market approaches the support level, it is showing signs of deceleration, with bearish momentum fading. The psychological level below at 1.23000 has previously acted as a strong support, with the price bouncing off it multiple times. On the higher timeframes, we can see the formation of an ABCD pullback, where point D aligns perfectly with the support level. I anticipate that the price will bounce off this support level and subsequently retest the supply zone above. My goal is resistance zone around 1.24180 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
11
GBP/USD Price Forecast – Head & Shoulders Breakout! The GBP/USD pair is forming a Head & Shoulders pattern, signaling a potential bullish breakout! The market is respecting the trendline, and we just need a strong bullish candle above the neckline for confirmation. 📊 Technical Analysis ✅ 📉 Head & Shoulders Pattern – A bullish reversal setup ✅ 📈 Trendline Support – Market structure is holding ✅ 🔥 Breakout Confirmation – A strong bullish candle is key 🎯 Target Levels: 📌 1.277 – First short-term target 📌 1.302 – Mid-level resistance zone 📌 1.340 – Final extended target 📢 Trading Strategy: 🔹 Wait for breakout above the neckline with volume confirmation 🔹 Ensure strong momentum before entering 🚀 🔹 Hold while trendline remains respected 🔹 Set stop-loss below the breakout zone for risk management 📌 Like, comment & follow for more updates! 🔔🔥
Long
by Jos_Pro_Trader
GBP/USD: Bulls in Control… For Now! Key Levels to Watch Hello Folks GBP/USD is holding strong above 1.2533, and I see a potential bullish move toward 1.2805 if momentum continues. But I’m staying flexible—if price breaks below 1.2450, my bias shifts, and I’ll look for downside targets instead. 📊 📍 Here’s how I see it: ✅ Bullish above: 1.2533 → 1.2627 → 1.2650 → 1.2805 🚀 ❌ Bearish shift below: 1.2450 → 1.2378 👀 💡 My Plan: As long as GBP/USD stays above 1.2533, I’m bullish and expecting a push toward 1.2805 📈 If price drops below 1.2450, I’ll reconsider and look for shorts instead 📉 ⚠️ No need to rush—let the market confirm the move!
Long
by QuantumFusion
GBPUSD Bearish Continuation Following NFP and BOE Rate cuts.Fundamental Analysis: NFP Report Impact: On Friday, after the NFP reports, the price spiked higher but then continued to decline, indicating a strong US Dollar compared to the British Pound. BOE Economic Factors: The Pound is struggling with production issues and the recent rate cut by the Bank of England highlights its weakness. In contrast, the Federal Reserve is expected to maintain rates until at least June, further showcasing the strength of the US Dollar. Technical Analysis: Last week opened with a gap to the downside but closed bullish. This week also has also started with a gap and price is looking to fill it. London Session Expectation: Looking for price to move higher during the London session to mitigate the 1-hour SIBI left at 1.2425 after sweeping liquidity at 1.2422 (NY PM High on Friday). Will want to short above daily/weekly open Target Levels: Targeting Thursday's low @1.23600 Overall target is last week's low @1.2250 NB don't forget to manage risk and have an open mind since we follow what the market is printing not what we wish.
Short
by hskarue