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GBPUSD

Gold Rejected Below $3370 — Eyes on Lower Demand Zones! (READ)By examining the gold chart on the 4-hour timeframe, we can see that after our previous analysis, the price climbed to $3388, giving us nearly 150 pips of return. However, gold was rejected from that level and failed to hold above $3370, eventually dropping below $3360. Currently, gold is trading around $3348, and we may likely see further decline toward lower levels. The potential downside targets are $3338, $3332, $3326, and $3317. Key demand zones to watch are: → $3327 → $3311 → $3298–$3300 → $3278 Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FX_IDC:XAUUSDShort
by ArmanShabanTrading
11
GBPUSD Approaches Key Resistance: Watch for Bearish ReversalGBPUSD pair is trading within a clearly defined ascending channel on the 1-hour chart, showing a short-term bullish structure. However, this bullish move appears corrective within a broader consolidation range capped near the 1.3590 resistance zone. 🔍 Technical Breakdown: Current Price: 1.35535 Immediate Resistance: 1.35885–1.35929 (previous highs and psychological level) Support Levels: Trendline support near 1.3530 Horizontal support: 1.34282, 1.34176 Structure: Price has formed a bullish flag breakout and is now approaching key resistance. A new higher high is anticipated toward 1.3590, but this level has repeatedly rejected price in the past. The projected path indicates a potential liquidity grab above 1.3590 followed by a sell-off toward 1.3420–1.3410 area, aligning with a trendline break scenario. Bearish Scenario: A strong rejection from the 1.3590 zone, especially if accompanied by bearish divergence or a strong candle close, could trigger a shift back down to the 1.3417–1.3428 support zone. This would confirm a short-term top and potential retracement toward lower liquidity zones. 📊 Fundamental Backdrop: USD-side: Recent U.S. labor market strength (e.g. ADP report and low jobless claims) supports a hawkish bias, favoring USD upside. However, Fed policymakers remain cautious due to trade tensions and tariff uncertainty. This has injected short-term volatility into USD pairs. GBP-side: UK economic data has been mixed, with GDP growth forecasts under scrutiny. BoE policymakers are dovish, emphasizing weak productivity and wage pressures, making the pound vulnerable to downside catalysts. 📌 Conclusion: Watch for a potential bull trap near 1.3590, followed by a bearish reversal toward 1.3420–1.3410 if momentum weakens and sellers step in. This would complete the expected technical leg down and align with broader risk sentiment if dollar strength returns.
Short
by ultreosforex
12
GBPUSD Is Very Bearish! Short! Please, check our technical outlook for GBPUSD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.355. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.350 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
Bitcoin smells like 'Brexit to the NORTH Pole!'🚀📈 Bitcoin smells like 'Brexit to the NORTH Pole!' 💥🇬🇧 Hi everyone! Let’s break down what’s brewing with Bitcoin — and why it feels eerily like the Brexit moment of 2016 all over again. I’ve been closely tracking BTCUSD inside a clear parallel channel. These channels often get noisy with fakeouts and temporary breaches, but this one has remained valid due to its multiple touches and midline confirmations. We're now seeing massive manipulation — not once or twice, but four times. This exact pattern took me back to the British Pound's behavior during the Brexit referendum on June 23, 2016. 🎯 Back then, despite media narratives claiming “Bremain,” real traders on the street saw Brexit coming — and so did the charts. GBP/USD mirrored today's BTC structure: a valid channel, several manipulative moves, and then an explosive breakout once the truth surfaced. Fast forward to today — Bitcoin’s chart screams volatility. We’ve got a channel that still holds structure. As long as we stay within or reclaim the bounds of this channel, I’m aiming for a move toward: 📍 107,305 as resistance 📍 113,800–114,000 as the breakout trigger 📍 119,000 and beyond for a new all-time high 🚀 If price dips to the 104,469 area or even the 102,700–102,400 dual support, I’ll be watching for reclaims to go long. But remember, this is a volatile setup, not for the faint-hearted or the underfunded. Spot trading is safer; leverage requires deep pockets and tight risk controls. 🛑 A break below 102K changes the picture — that’s where the bears take over, potentially dragging BTC to 74K. I give that scenario only a 10–15% probability, but in this market, we prepare for everything. The resemblance to Brexit isn’t just visual — it’s psychological. Media narratives, manipulative institutions, and a channel that's begging for a breakout. I’m ultra-bullish and ready for a sharp upside move. Are you? 📌 Full analysis and key levels charted here. One Love, The FXPROFESSOR 💙 Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 💙💙💙
BITFINEX:BTCUSDLong
by FX_Professor
2
GBPUSD Trading Analysis ### 1. Overall Trend & Market Context - Bullish Momentum: GBPUSD is in a strong bullish trend, driven by DXY weakness (U.S. Dollar Index declining) and GBP strength. Key factors include: - Fundamental Drivers: - UK manufacturing contraction (less severe than expected) and rising housing prices. - U.S. dollar weakness due to manufacturing slowdown (ISM PMI at 48.5), trade tensions, and fiscal concerns. - Fed policy uncertainty (rates likely to remain unchanged post-May cut). - Technical Drivers: Higher lows and higher highs on the 4-hour chart, indicating trend continuation. ### 2. Key Technical Levels & Patterns - Support Zones: - 1.3490–1.3500: A critical support area (pullback retracement, 61.8% Fibonacci level). - 1.34420: Stop-loss level for long positions (below the liquidity pocket). - Resistance Levels: - 1.3580: Target for bullish breakout. - 1.37370: Next major resistance (1:2 risk-reward setup). - Patterns: - Bullish Flag: Breakout above key resistance (1.3430) followed by consolidation. - Broadening Wedge: High volatility pattern with widening highs/lows; potential for breakout (bullish or bearish). - Bullish Engulfing: Confirmed entry after breaking key support/resistance. ### 3. Trading Opportunities - Buy Zones: - 1.3490–1.3500: Entry on breakout from consolidation range (1.3500). - 1.35260: Buy limit for a liquidity hunt below minor intraday lows. - Take Profit: - 1.3580 (first resistance) and 1.37370 (measured move target). - Risk Management: - Stop-loss at 1.34420 (below support). - 1:2 risk-reward ratio for long positions. ### 4. Key Risks & Considerations - Bearish Scenarios: - Failure to hold above the breakout zone (1.3500). - Pressure from resistance at 1.3580. - Return to consolidation range, delaying the upside move. - Volatility: Broadening wedge patterns may fake out traders, emphasizing the need for strict risk management. ### 5. Fundamental Outlook - GBP Strength: UK economic data (housing, manufacturing) supports GBP. - USD Weakness: U.S. manufacturing slowdown, trade tensions, and fiscal concerns weigh on the dollar. - Fed Policy: Markets expect rate cuts to continue, further pressuring USD. ### 6. Final Notes & Disclaimers Stay disciplined, manage risk, and let the market confirm your trades. 📈 *Disclaimer: This is for educational purposes only. Trading involves risk; ensure you understand the risks before trading.*
Long
by teconlab
4
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
GBP/USD Buys from 1.34800 This week’s analysis focuses on capitalising on the strong bullish structure forming on GU. After a clear break of structure to the upside, price has been forming consistent higher highs and higher lows. From this move, a key Point of Interest has been left around the 1.34800 level, which aligns with a clean 9H demand zone. As price now needs to retrace after the recent bullish push, this 9H zone becomes a likely area for accumulation and a potential continuation rally. Confluences for GU Buys: - GU has been very bullish overall on the higher timeframes - The 9H demand zone caused the latest break of structure to the upside - There’s plenty of liquidity and imbalance above that needs to be taken - The DXY is moving bearish, supporting GU upside P.S. If price pushes higher before retracing, it may enter a premium supply zone, where I’ll be watching for any significant reaction. Either way, patience is key — don’t hesitate to wait for your setup to fully form. Wishing you a focused and profitable trading week!
Long
by Hassan_fx
Fundamental Market Analysis for June 6, 2025 GBPUSDThe GBP/USD pair is trading near 1.3570 with little movement ahead of the US (US) labor market data. The US Dollar Index (DXY), which measures the value of the US Dollar against six major currencies, is trading above around 98.80 at the time of writing. The upcoming US non-farm payrolls data for May is expected to add 130,000 jobs, down from April's 177,000. The unemployment rate is also expected to remain unchanged at 4.2%. Weekly initial jobless claims rose to 247,000, above the 235,000 expected, U.S. Labor Department data showed. ADP US private sector employment data released on Thursday showed a 37,000 increase in May versus a 60,000 increase (revised from 62,000) recorded in April, well below market expectations of 115,000. GBP/USD is gaining support as the Pound Sterling (GBP) finds support amid rising risk sentiment in the United Kingdom (UK) markets following US President Donald Trump's executive order signed on Tuesday. British exporters still face the previous 25 percent tariff rate as Trump granted the UK temporary relief from the US' stiff 50 percent tariffs on steel and aluminum. Trading recommendation: SELL 1.3500, SL 1.3600, TP 1.3300
Short
by Fresh-Forexcast2004
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
GBPUSD(20250605)Today's AnalysisMarket news: U.S. economic data-① ADP employment increased by 37,000 in May, far below the expected 110,000 and the previous value of 62,000. ② The U.S. ISM non-manufacturing index in May fell to 49.9, shrinking for the first time in nearly a year, and the expected increase was from 51.6 to 52. Technical analysis: Today's buying and selling boundaries: 1.3543 Support and resistance levels: 1.3622 1.3593 1.3574 1.3513 1.3494 1.3465 Trading strategy: If the price breaks through 1.3574, consider buying, and the first target price is 1.3593 If the price breaks through 1.3543, consider selling, and the first target price is 1.3513
Short
by NuggetsWarriors
Gold Hits All Targets with 500+ Pips – Eyes Now on $3420By examining the gold chart on the 4-hour timeframe, we can see that after our previous analysis, the price moved exactly as expected and successfully hit all four targets — $3367, $3380, $3391, and $3400 — reaching as high as $3403 and delivering over 500 pips of return. After sweeping the liquidity above $3400, the price corrected back to around $3370. Currently, gold is trading around $3380. If the price can hold above the $3370 level, we can expect a continuation of the bullish move toward the $3420 area. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FX_IDC:XAUUSDLong
by ArmanShabanTrading
11
GBPUSD Set To Grow! BUY! My dear followers, This is my opinion on the GBPUSD next move: The asset is approaching an important pivot point 1.3459 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.3513 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
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
2
GBPUSD Trending Higher – Can Buyers Push Toward 1.3880?OANDA:GBPUSD is showing a positive technical picture as it continues to move within a clearly defined ascending channel, reinforcing a solid bullish structure. Recently, the price broke out of a key resistance zone, which has now turned into support, indicating that buyers are still holding the upper hand and the uptrend may continue. With bullish momentum being maintained, the next target I am watching is the 1.3880 USD area, which aligns with the upper boundary of the channel. However, if the price fails to hold this level and shows signs of weakening, it could be a signal that market momentum is shifting. I will wait for clear confirmation signals such as a bullish engulfing candle, strong rejection wicks at the support zone, or a surge in buying volume before considering a trend-following long position. Let me know your thoughts or any additional insights you might have!
Long
by LucasMgoldview
GBPUSD Buy Setup! BoS + OB + 61.8–79% Fib + Trend Channel ComboGBPUSD | 30-Min Chart – High Probability Long Setup Identified GBPUSD is showing bullish intent after a clear Break of Structure (BoS) and now offers a high-confluence buy opportunity. This setup combines Smart Money Concepts with classical technical analysis for a sniper-grade entry. 🔍 Trade Breakdown: 📈 Break of Structure (BoS): Price broke previous highs with strong bullish momentum. Confirmed market intent shift from ranging to bullish. 📐 Fibonacci Confluence: Price retraced perfectly into the 61.8% – 79% Fib zone from the latest bullish impulse. These golden ratio levels align with an institutional Order Block (OB) and ascending trendline — high confluence entry. 🟣 Order Block Zone (OB): 1.35285 – 1.35406 The last bearish candle before bullish BoS — a clean demand zone. OB sits within the Fib retracement zone and overlaps a mid-trendline tap. 📐 Fibonacci Levels (Swing Low to High): 61.8% = 1.35285 70.5% = ~1.35190 79% = ~1.35075 This is the institutional kill zone — OB + 61.8–79% retracement = precision buy levels. 🟡 Liquidity Sweep + Reaction: Price swept liquidity below short-term lows and tapped the OB with a sharp bullish reaction. Candle confirmation + lower wick shows strong rejection from Smart Money. 🧭 Projected Move: Targeting a move toward the -27% Fib extension at 1.36018 Trendline and internal structure support bullish continuation 🔵 Projected Path: Sweep ➝ OB/Fib confluence tap ➝ strong bullish continuation into premium territory 🧠 Chart Ninja Entry Plan: 🔹 Entry Zone: 1.35285 – 1.35406 (OB + 61.8–70.5% Fib) 🔻 SL Below: 1.35000 (beneath OB & key structure low) 📈 Target: 1.36018 (-27% Fib extension) ⚖️ RRR: 1:3+ — sniper entry with institutional precision 💬 Ninja Wisdom: Smart Money isn’t buying breakouts — they buy retracements into OB zones with precision. Combine OB + Fib + channel = institutional roadmap. Let price come to you. Let retail chase. 🥷💸 📍 Save this GBPUSD setup before it hits the next impulse wave 🗣️ Drop your thoughts – are you buying this OB too? 👣 Follow @ChartNinjas88 for more institutional-grade setups daily
Long
by ChartNinjas88