British Pound / U.S. Dollar
Long
Updated

GBPUSD - 28 May, waiting for buy point liquidity trendline

165
GBPUSD trend forecast MAY 28 , 2025

💬GBP/USD pulled back on Tuesday, ending a six-day rally and retreating from fresh multi-year highs just shy of 1.3600. The move came as renewed optimism in global markets—sparked by President Trump’s decision to ease off his own tariff threats—gave the US Dollar fresh strength.

Meanwhile, the Pound remains underpinned by diminishing expectations for aggressive Bank of England rate cuts, which have supported Sterling to levels not seen since early 2022. While more BoE commentary is due this week, markets don’t expect any major shift in the central bank’s tone.

💬 Pay attention to the buy zone according to the H1 uptrend line, liquidity support waiting for the buy point 1.34600

🥇/// BUY GBPUSD : zone 1.34600 - 1.34400

SL: 1.34100

TP: 40 - 60 - 100pips ( 1.35400 )



Safe and profitable trading
Trade active
+ 25 pips , signal BUY GBPUSD 1.34600 - 1.34400
Trade closed: target reached
+ 60 pips , signal BUY GBPUSD ( 1.34600 - 1.34400 ) , now return entry Buy

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