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Gbp-usd

GBP/USD - H1-Triangle Breakout (17.06.2025)The GBP/USD Pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 1.3485 2nd Support – 1.3444 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KABHI_TA_TRADING
83
Bullish bounce off overlap support?GBP/USD is falling towards the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.3443 Why we like it: There is an overlap support level. Stop loss: 1.3359 Why we like it: There is a pullback support that is slightly below the 50% Fibonacci retracement. Take profit: 1.3530 Why we like it: There is a pullback resistance level. njoying 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
Bullish reversal off overlap support?The Cable (GBP/USD) has bounced off the pivot and could rise to the 50% Fibonacci resistance. Pivot: 1.3412 1st Support: 1.3320 1st Resistance: 1.3517 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
GBPUSD SHORT FORECAST Q2 W25 D18 Y25GBPUSD SHORT FORECAST Q2 W25 D18 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Weekly order block ✅15' order block ✅Intraday 15' break of structure ✅Tokyo ranges to be filled 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
The Calm Before the Storm: All Eyes on UK CPI & Central BanksGBPUSD 17/06 – The Calm Before the Storm: All Eyes on UK CPI & Central Banks The GBPUSD pair is coiling in a tight range near the mid-1.3500s as traders brace for two high-impact events: UK CPI data on Wednesday and interest rate decisions from both the Fed and BoE this week. Price remains supported above the 200 EMA and is compressing within a symmetrical triangle – typically a precursor to a major breakout. 📊 Macro & Fundamental Outlook 🔹 Federal Reserve (FOMC): Expected to hold rates steady, but growing anticipation of a dovish tilt toward September is weighing slightly on the USD. 🔹 Bank of England (BoE): Markets are pricing in deeper rate cuts following recent UK GDP weakness, pressuring the GBP in the short term. 🔹 Geopolitical Risks: Rising Middle East tensions are fuelling demand for USD as a safe haven, reinforcing its strength ahead of data events. 📝 Bottom Line: The CPI release could be the first trigger to shift GBPUSD’s current consolidation. A hot inflation print might push GBP higher; a miss could fuel further downside. 🔧 Technical Analysis (H1 Chart) Price is ranging between 1.3535 (support) and 1.3609 (resistance) EMAs 13/34 crossing below EMA 89 → signal of potential bearish continuation Uptrend line from 1.3467 is still intact and acting as dynamic support Break below 1.3559 may lead to a move toward 1.3495 and 1.3467 A confirmed breakout above 1.3609 opens the door to 1.3630+ 🎯 Trade Scenarios Scenario 1 – Buy from Trendline Support Buy Zone: 1.3495 – 1.3467 Stop Loss: 1.3440 Targets: 1.3535 → 1.3559 → 1.3596 → 1.3630 🟢 Best setup if price prints a bullish engulfing or hammer candle on key support + UK CPI surprise. Scenario 2 – Sell on Resistance Rejection Sell Zone: 1.3609 – 1.3630 Stop Loss: 1.3660 Targets: 1.3590 → 1.3559 → 1.3535 → 1.3495 🔴 Only valid with strong rejection signals + softer UK data or hawkish Fed tone. 💡 Market Sentiment Retail traders are trapped in a waiting zone – expecting a breakout Institutions may push price into one direction pre-data to collect liquidity Risk appetite is fragile, and traders are cautious ahead of back-to-back central bank announcements 📌 Final Thoughts GBPUSD is preparing for volatility. Instead of chasing moves, let the market come to your key zones and react with discipline. The 1.3467–1.3495 support area could be crucial for the next directional move. Stay patient. Wait for confirmation. Respect your risk.
Long
by MMFlowTrading
Bearish drop?The Cable (GBPUSD) is rising towards the pivot, which is a pullback resistance and could reverse to the 1st support. Pivot: 1.3592 1st Support: 1.3536 1st Resistance: 1.3629 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bearish drop?GBP/USD has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit. Entry: 1.3610 Why we like it: There is a resistance level. Stop loss: 1.3644 Why we like it: There is a resistance level at the 161.8% Fibonacci extension. Take profit: 1.3560 Why we like it: There is a pullback support level that is slightly below the 61.8% Fibonacci retracement. 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.
Short
by VantageMarkets
Bullish bounce for the Cable?The price is falling towards the pivot which is a pullback support and could bounce to the 1st resistance. Pivot: 1.3409 1st Support: 1.3108 1st Resistance: 1.3768 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
GBPUSD – Sterling Slips Amid Geopolitical Risk |GBPUSD – Sterling Slips Amid Geopolitical Risk | Will Support Hold for a Bounce? 🌍 Macro & Geopolitical Overview The British Pound (GBP) is under pressure as risk sentiment deteriorates following a sharp escalation between Israel and Iran. Israel launched a major military campaign, striking dozens of nuclear and military facilities in northeastern Tehran. PM Netanyahu announced the start of "Operation Rising Lion", aimed at eliminating the Iranian nuclear threat. US President Donald Trump voiced support, stating that Iran “must never have a nuclear bomb.” Investors reacted by fleeing to safe-haven assets, pushing the US Dollar (DXY) from 97.60 to nearly 98.30. Meanwhile, next week’s Bank of England (BoE) and Federal Reserve meetings are in focus. Both are expected to hold rates steady, but weak UK economic data may pressure the BoE to adopt a more cautious or dovish tone. 📉 Technical Analysis – H1 Chart 🔸 Trend Structure GBPUSD broke down from its recent high at 1.36288 and is now approaching key support between 1.35350 and 1.34957. As long as 1.3495 holds, the move appears to be a technical correction, not a reversal. 🔸 Fibonacci & Moving Averages Current price sits near Fibonacci 0.236 retracement of the recent swing. Price is trading below the EMA 13 & 34, but EMA 200 near 1.353x still acts as potential support. 🔸 Resistance to Watch The next upside target sits at 1.3588, followed by the previous high at 1.3628. 🧠 Market Sentiment Risk aversion is dominating due to geopolitical headlines. GBP is vulnerable as a risk-sensitive currency. However, if tensions ease and central bank decisions next week come in line with expectations, GBP could rebound from its currently discounted levels. 🎯 Trade Setup Suggestion ✅ BUY ZONE: 1.35350 – 1.34957 Stop-Loss: 1.3460 Take-Profit Targets: 1.3588 → 1.3628 Enter only on bullish price action confirmation around the support zone. ✅ Conclusion GBPUSD is trading under geopolitical stress, but the technical setup around 1.3495 – 1.3535 offers a potential bounce zone. A short-term recovery could unfold if sentiment stabilizes and central banks maintain the expected policy stance.
Long
by MMFlowTrading
Potential bullish rise?The Cable (GBP/ISD) has bounced off the pivot and could rise to the 1st resistance. Pivot: 1.3580 1st Support: 1.3540 1st Resistance: 1.3662 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bullish bounce off overlap support?GBP/USD is falling towards the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.3543 Why we like it: There is an overlap support level that aligns with the 38.2% Fibonacci re4tracement. Stop loss: 1.3493 Why we like it: There is a pullback support level that is slightly below the 61.8% Fibonacci retracement. Take profit: 1.3601 Why we like it: There is a pullback resistance level. 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
1
Bearish drop off major resistance?Cable (GBP/USD) has reacted off the pivot which acts as an overlap resistance and could drop to the 1st support which is a pullback support. Pivot: 1.3506 1st Support: 1.3423 1st Resistance: 1.3586 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Potential bearish breakout?GBP/USD is reacting off the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.3501 Why we like it: There is an overlap support level that lines up with the 38.2% Fibonacci retracement. Stop loss: 1.3535 Why we like it: There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement. Take profit: 1.3450 Why we like it: There is a pullback support level. 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.
Short
by VantageMarkets
Bearish breakout?The Cable (GBP/USD) is falling towards the pivot, which is an overlap support, and could bounce to the 1st resistance which is a pullback resistance. Pivot: 1.3505 1st Support: 1.3415 1st Resistance: 1.3581 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
09/06/2025: WILL WE SEE A BREAKOUT ABOVE 1.3550?GBP/USD PLAN – 09/06/2025: WILL WE SEE A BREAKOUT ABOVE 1.3550? 🌍 Macroeconomic & Fundamental Context: UK Economic Outlook (BoE): The Bank of England (BoE) is under pressure due to inflation and has to make decisions regarding interest rate policy. Diverging opinions on whether to raise or lower rates are creating uncertainty in the market. US Economic Outlook (Fed): The Federal Reserve's monetary policy continues to be a major influence on the USD, especially as the Fed maintains its rate hikes to control inflation. US-UK Trade Relations: Trade negotiations between the US and the UK will remain an important factor this week, and any new developments could impact GBP/USD. 📉 Technical Analysis – GBP/USD: On the H4 and H1 timeframes, GBP/USD is consolidating within a corrective structure, and price has broken several key Fibonacci levels. The EMA indicators (13, 34, 89) are showing strong momentum. Key Resistance Levels: 1.3550 – This is a major resistance level. If broken, GBP/USD could continue its rally towards 1.3612. Key Support Levels: 1.3520 – A short-term support level. If this breaks, price may retrace back to 1.3470. 🎯 Trading Scenarios for Today: 🟢 BUY ZONE: Buy Zone: 1.3520 – 1.3500 SL: 1.3480 TP: 1.3550 → 1.3570 → 1.3600 → 1.3620 → 1.3650 If price retraces to 1.3520 – 1.3500, this would be an ideal buying opportunity with a target at 1.3550. Look for confirmation from technical indicators and the current trend. 🔴 SELL ZONE: Sell Zone: 1.3550 – 1.3570 SL: 1.3590 TP: 1.3520 → 1.3500 → 1.3470 → 1.3450 → 1.3420 If price reaches the resistance zone of 1.3550 – 1.3570, consider selling with targets at the support levels below. 🟡 Scalping: Buy Scalping: 1.3520 → 1.3500 Sell Scalping: 1.3570 → 1.3600 Look for short-term opportunities when price moves within the range. ⚠️ Important Notes: Pay close attention to short-term fluctuations and any major economic data releases from the BoE and Fed. Risk management is key during volatile periods. 📌 Conclusion: GBP/USD is in a short-term corrective phase, but a breakout above 1.3550 could trigger a strong rally. Traders should monitor support and resistance levels carefully and ensure risk management is in place.
Long
by MMFlowTrading
Bullish bounce off pullback support?The Cable (GBP/USD) is falling towards the pivot which is a pullback support and could bounce to the 1st resistance. Pivot: 1.3411 1st Support: 1.3100 1st Resistance: 1.3714 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
GBPUSD: Weekly Overview 9th of June 2025GDP m/m is in this week! Take this under consideration. Any significant bearish surprise for this announcement means a possible break of the bullish channel. ****************************************** The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones. Some of these points can also be confirmed by the mathematical intervals of Murray. You can enter with/without confirmation. IF you want to take confirmation you can use LTF analysis, Spike move confirmation, Trend Strength confirmation and ETC. SL could be placed below the zone or regarding the LTF swings. TP is the next zone or the nearest moving S&R, which are median and borders of the drawn channels. ******************************************************************* Role of different zones: GREEN: Just long trades allowed on them. RED: Just Short trades allowed on them. BLUE: both long and short trades allowed on them. WHITE: No trades allowed on them! just use them as TP points
Long
by AliSignals
Potential bearish drop?GBP/USD is rising towards the resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.3545 Why we like it: There is an overlap resistance that aligns with the 48.2% Fibonacci retracement. Stop loss: 1.3576 Why we like it: There is a pullback resistance level that lines up with the 61.8% Fibonacci retracement. Take profit: 1.3501 Why we like it: There is an overlap support level that is slightly above the 61.8% Fibonacci retracement. 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.
Short
by VantageMarkets
Bullish continuation?The Cable (GBP/USD) is falling towards the pivot, which is an overlap support and could rise to the 1st resistance. Pivot: 1.3507 1st Support: 1.3420 1st Resistance: 1.3644 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bearish drop off pullback resistance?GBP/USD is reacting off the resistance level which is a pullback resistance that aligns with the 138.2% Fibonacci extension and could drop from this level to our take profit. Entry: 1.3590 Why we like it: There is a pullback resistance that aligns with the 138.2% Fibonacci extension. Stop loss: 1.3629 Why we like it: There is a resistance level at the 100% Fibonacci projection. Take profit: 1.3535 Why we like it: There is an overlap support level that aligns with the 61.8% Fibonacci retracement. 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.
Short
by VantageMarkets
GBPUSD 4H MAJOR REVERSAL SETUP – WATCH FOR THE BREAK!Hey There; The Head & Shoulders (H&S) pattern in GBPUSD is becoming more defined, approaching a critical neckline level. If a breakout occurs, it could trigger a strong downward move, pushing the price toward new support levels. Right now, sellers are gaining strength while buyers attempt to defend key support zones. A confirmed close below the neckline could accelerate the sell-off. 📌 If the breakout happens, I’ll share target levels with you—stay tuned for updates I meticulously prepare these analyses for you, and I sincerely appreciate your support through likes. Every like from you is my biggest motivation to continue sharing my analyses. I’m truly grateful for each of you—love to all my followers💙💙💙
by TraderTilki
4