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GBPUSD

Fundamental Market Analysis for April 17, 2025 GBPUSDEvent to pay attention to today: 15:30 EET. USD - Unemployment Claims GBP/USD broke its seven-day winning streak, slipping to 1.3230 in the Asian session on Thursday after retreating from a six-month high of 1.3292 reached on Wednesday. The US Dollar Index (DXY) is trading above 99.60 at the time of writing, supported by stronger-than-expected consumer spending data for March. US retail sales rose 1.4% in March, beating February's 0.2% increase and the forecast of 1.3%. The Pound Sterling (GBP) is under pressure after softer than expected UK Consumer Price Index data for March. Core inflation rose 2.6% year-on-year, lower than the 2.7% expected and February's 2.8% reading. The core consumer price index, which excludes food, energy, alcohol and tobacco, rose 3.4% - in line with forecasts but slightly lower than the 3.5% previously. The monthly core CPI rose 0.3%, falling short of forecasts and the previous reading of 0.4%. Notably, services inflation - a key indicator for the Bank of England (BoE) - fell to 4.7% from 5.0%, reinforcing expectations of a potential rate cut at the Bank of England's May meeting. Trading recommendation: SELL 1.3190, SL 1.3280, TP 1.3010
Short
by Fresh-Forexcast2004
GBPUSD(20250417)Today's AnalysisMarket news: U.S. import prices fell 0.1% in March from the previous month, the first month-on-month decline since September last year. Technical analysis: Today's buying and selling boundaries: 1.3214 Support and resistance levels: 1.3301 1.3268 1.3247 1.3180 1.3159 1.3127 Trading strategy: If the price breaks through 1.3247, consider buying, with the first target price of 1.3268 If the price breaks through 1.3214, consider selling, with the first target price of 1.3180
Short
by BraveTigercat
GBPUSD will have a short period of range-bound oscillationIf the UK inflation data meets or exceeds expectations, and the US-UK trade negotiations continue to send positive signals, while the US dollar remains weak, the GBP/USD has the impetus for further upward movement. If the UK inflation data falls short of expectations, or the US dollar rebounds, the GBP/USD is likely to encounter resistance and correct near 1.3250. GBPUSD trading strategy buy @：1.32000-1.32200 sl 1.31300 tp 1.32750-1.32950 If my strategy is helpful to you, please give a thumbs-up for support. If you have different opinions, you can leave your thoughts in the comments. 👉👉👉
Long
by Trading_Grorge
Reasons for the Appreciation of the British PoundImpact of Tariff Threats on U.S. Treasury Bond Yields Reasons for the Rise in U.S. Treasury Bond Yields 👉 The threat of tariffs has significantly increased market uncertainty, spreading panic among investors 😨. The U.S. government's fiscal financing needs have soared, resulting in persistent long-term supply pressure on U.S. Treasury bonds. Meanwhile, due to factors such as tariffs, the demand for these bonds has declined, straining market liquidity 😕. Tariff policies may also trigger inflation expectations. According to estimates by the Yale University Budget Lab, the inflation rate in the United States in 2025 may rise by more than 2% due to a series of tariff policies 📈. Under the shadow of inflation expectations, investors demand higher yields to safeguard against currency depreciation, driving up the yields of U.S. Treasury bonds 💰. Impact of Tariff Threats on the British Pound (GBP) Reasons for the Appreciation of the British Pound Under the threat of tariffs, the uncertain economic outlook of the United States has weakened the U.S. dollar's credit system 😕. Capital, driven by the pursuit of profit, seeks alternative and safe-haven assets when the U.S. dollar is unstable 💰. As one of the major foreign currencies, the British pound has attracted capital inflows, driving up its exchange rate 📈. 💰💰💰 GBPUSD💰💰💰 🎯 Buy@1.3200 - 1.3210 🎯 TP 1.3300 - 1.3350 Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗 👇The accuracy rate of our daily signals has remained above 98% within a month! 📈 We sincerely welcome you to join our channel and share in the success with us! 🌟
Long
by PearlMichael
GBPUSD Analysis 4/16 at 8:55amI entered long at 1.32273 on April 15, and as of now, GBP/USD is trading around 1.3252, meaning I'm already up. Why I'm Staying Long Trend Confirmation: The daily chart still shows a strong uptrend, and moving averages confirm that GBP/USD has been trading above key levels. The RSI is at 62.76 on the daily timeframe, meaning bullish momentum is intact but not overly overbought. Short-Term Signals: On the hourly chart, some indicators suggest price may consolidate before continuing higher. Stochastic RSI has cooled off, which often signals a chance for price to stabilize before another move up. Aroon Oscillator (Hourly) at -78.57 shows fading bullish momentum in the short term, so I’m watching whether buyers step back in to push price higher. Support & Resistance Levels: 1.3250 is a key level—if price holds above it, GBP/USD could continue toward 1.3280–1.3300. If 1.3250 breaks, I’ll monitor 1.3220, which is close to my entry point, as the next potential support. Fundamental Factors Affecting GBP/USD: UK Inflation (2.6%) missed expectations, meaning GBP might not be as strong as before. US Retail Sales beat expectations, reinforcing USD strength, which could put some pressure on GBP/USD. Fed Chair Powell speaks later today, which could inject volatility—if he’s hawkish, USD may strengthen and push GBP/USD lower. My Next Steps I’ll continue holding as long as price remains above 1.3250. If Powell’s speech creates sharp volatility, I might adjust my stop to secure profits. My target is 1.3280–1.3300, but I’m prepared to reassess based on price action. Overall, I’m feeling good about staying long, but I'm monitoring key levels closely to ensure I lock in gains while managing risk.
Long
by Sel_Ali
GBPUSD is expected to continue its upward trend.Technical Analysis 📈 On April 15th, GBPUSD shot up to 1.3250🚀, breaking through the bullish turning point. It's now heading towards higher targets. The RSI is in an overbought zone, but the bulls are still in charge. 📊 Weakening US Dollar Driving Force 💸 The US dollar's in a confidence crisis due to its tariff policy, which has created market jitters. Investors are dumping the dollar, giving the British pound a strong boost and driving GBPUSD up. The dollar's decline against other currencies is helping the pound. 🌪️ Impact of Market Expectations 🤔 The UK's March inflation data is due on April 16th. The market expects the CPI to rise 2.7% year - on - year. This is boosting confidence in the pound as stable inflation signals a healthy UK economy, pushing up the GBPUSD rate. Traders are watching this data closely. 📅 💰💰💰 GBPUSD💰💰💰 🎯 Buy@1.3200 - 1.3230 🎯 TP 1.3300 - 1.3350 Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗 The accuracy rate of our daily signals has remained above 98% within a month! 📈 We sincerely welcome you to join our channel and share in the success with us! 🌟
Long
by PearlMichael
Market Analysis: GBP/USD Rockets HigherMarket Analysis: GBP/USD Rockets Higher GBP/USD is gaining pace above the 1.3220 resistance. Important Takeaways for GBP/USD Analysis Today - The British Pound is attempting a fresh increase above 1.3220. - There is a key bullish trend line forming with support near 1.3245 on the hourly chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On the hourly chart of GBP/USD at FXOpen, the pair remained well-bid above the 1.2850 level. The British Pound started a decent increase above the 1.3000 zone against the US Dollar. The bulls were able to push the pair above the 50-hour simple moving average and 1.3150. The pair even climbed above 1.3200 and traded as high as 1.3263. It is now consolidating gains and trading well above the 23.6% Fib retracement level of the upward move from the 1.3030 swing low to the 1.3263 high. On the upside, the GBP/USD chart indicates that the pair is facing resistance near 1.3260. The next major resistance is near 1.3320. A close above the 1.3320 resistance zone could open the doors for a move toward 1.3450. Any more gains might send GBP/USD toward 1.3500. On the downside, there is a key support forming near a bullish trend line at 1.3245. If there is a downside break below 1.3245, the pair could accelerate lower. The next major support is at 1.3145. It is close to the 50% Fib retracement level of the upward move from the 1.3030 swing low to the 1.3263 high. The next key support is seen near 1.3030, below which the pair could test 1.2860. Any more losses could lead the pair toward the 1.2745 support. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
Inflation in the UK Has FallenInflation in the UK Has Fallen According to Forex Factory, the Consumer Price Index (CPI) reading came in below expectations: while analysts had forecast a decline to 2.7% year-on-year from the previous 2.8%, the actual CPI figure was 2.6%. Following the release of this news, the GBP/USD exchange rate rose to 1.3280 – the highest level in seven months. On the one hand, falling inflation is a sign of a healthy economy and a relief for the Bank of England, especially considering that CPI stood in double digits just two years ago. As a result, analysts may now predict that interest rates could be cut at the meeting scheduled for 8 May. On the other hand, demand for the dollar remains volatile due to Trump’s tariff policies, fears of a US recession, and a wave of bond sell-offs. Technical Analysis of the GBP/USD Chart In just one week, the pound-to-dollar rate has risen by approximately 4.2%, with the RSI indicator now hovering near extreme overbought levels. Furthermore, the price is approaching the upper boundary of the ascending channel, which has been in play since the beginning of 2025. In such conditions, a correction (with a bearish breakout of the ascending trendline, shown in blue) appears a logical development. However, a key factor in sustaining the current trend of dollar weakness could be the speech by Federal Reserve Chair Jerome Powell, scheduled for today at 20:30 GMT+3. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
GBPUSD SHORT FORECAST Q2 W16 D16 Y25GBPUSD SHORT FORECAST Q2 W16 D16 Y25 Thoughts- It's not if, it's WHEN ! All longs are null until the weekly order block has been breached or price drops considerably. In the here and now the short seems to be closing in. It is as always important to stack confluences in favour of the short prior risking capital. 15' break of structure is an absolute requirement as this point of price action. Within the higher time frame order block- looking for a lower time frame order block is not enough to short from therefore scrolling back months to find is pointless in our opinion. We will let price show us, we will reaction with price. What are your thoughts... Are we dropping today? FRGNT X
Short
by JCFRGNT
WHY GBPAUD IS BULLISH ?? DETAILED ANALYSISGBPAUD is currently breaking out of a textbook falling wedge pattern on the 2H timeframe, a structure widely recognized for its bullish implications. After an aggressive bullish impulse at the start of April, the pair entered a consolidation phase marked by lower highs and lower lows. However, the recent breakout above wedge resistance signals a potential continuation of the prior bullish trend. This clean technical breakout, combined with tight consolidation, suggests a build-up of bullish pressure likely to push the pair toward the 2.1300–2.1600 zone. From a technical standpoint, the falling wedge pattern acted as a corrective structure following strong bullish momentum. The breakout confirms buyers stepping back in, with a solid support base forming around 2.0800. As long as GBPAUD holds above this level, the bullish outlook remains intact. Volume has also started to increase post-breakout, which typically reinforces the validity of the move. On the fundamental side, the British pound is gaining traction amid optimistic UK economic indicators and renewed hawkish undertones from the Bank of England. Traders are pricing in a more cautious approach to rate cuts compared to other central banks, which gives GBP an edge. On the other hand, the Australian dollar is under pressure due to weak employment data and China-related risk sentiment, both of which are weighing on AUD. This divergence creates a favorable macro backdrop for GBPAUD bulls. This setup is gaining attention among traders on TradingView due to its clear structure and the alignment between technicals and fundamentals. With a bullish breakout confirmed, I'm expecting follow-through momentum in the sessions ahead. Watching for intraday retests near 2.0850 for possible re-entries, with a medium-term upside target near the 2.1500 zone.
Long
by AndrewsMarket-Mastery
2
GBPUSD H4 I Bearish Drop Based on the H4 chart analysis, we can see that the price is testing our sell entry at 1.3260, which is a pullback resistance. Our take profit will be at 1.3166, an overlap support level. The stop loss will be placed at 1.3368, above the 127.2% Fibo extension. 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.
Short
by Tradu
1
GBPUSD Will it continue to rise?Today, GBP/USD rose to 1.3238, reaching its highest level since October 3, 2024. In the early London market, it briefly touched a low of 1.3184 and then rebounded quickly. The UK's inflation data for March will be released tomorrow. If the actual data meets or exceeds expectations, it will further enhance the market's expectations that the Bank of England will maintain its current monetary policy or adopt a tightening policy. As a result, the British pound will be supported, and the GBP/USD will be driven to rise. GBPUSD trading strategy buy @：1.31900-1.32100 sl 1.31300 tp 1.32550-1.32750 If my strategy is helpful to you, please give a thumbs-up for support. If you have different opinions, you can leave your thoughts in the comments. 👉👉👉
Long
by Trading_Grorge
GBPUSD Release the Bulls! 4/15 at 1:09pmHello this is my take on GBPUSD. Given the broader bullish trend in GBP/USD, I believe a long trade is the best play right now, but I’ll be watching key technical levels and upcoming news events to time my entry properly. Technical Indicators Supporting a Long Trade Trend Confirmation: The daily moving averages (EMA, MA, and TEMA) continue to show an upward trajectory, meaning GBP/USD remains in a solid bullish structure. The price is consistently trading above key averages, reinforcing the trend. The Aroon Oscillator (AROONOSC) on the 4-hour chart is at 85.71, showing strong bullish control. This suggests upward momentum is likely to persist. Momentum Indicators: Relative Strength Index (RSI) on the daily timeframe is 76—this does suggest overbought conditions, but in a strong trend, RSI can stay elevated for long periods. Instead of treating this as a reversal signal, I take it as confirmation that buying pressure remains high. Stochastic RSI (StochRSI) is also at 100 across multiple timeframes, indicating price exhaustion. While this could lead to a short-term pullback, it doesn’t necessarily mean a trend reversal—just that entering on a dip might provide a better price. Volatility and Market Conditions: Average True Range (ATR) is rising, meaning market volatility is picking up. This can be useful for timing entries—if I see a pullback within the rising ATR environment, it may be a good chance to enter before the next leg up. Fundamental Factors to Watch UK Employment Change (Feb) Beat Expectations: The UK added 206K jobs, smashing the consensus forecast of 95K. A strong labor market fuels economic stability and consumer spending, which in turn supports the British Pound. With employment data coming in hot, GBP could remain strong leading into the next major report. Upcoming GBP Inflation Data (Apr 16): UK inflation is forecast at 2.7% YoY for March, down slightly from 2.8%. If inflation remains stable or surprises higher, it could further support GBP, as traders anticipate possible moves from the Bank of England (BoE). US Retail Sales and Powell’s Speech (Apr 16): The US Retail Sales MoM is expected at 1.3%, but if it underperforms, it could signal weakening consumer demand and hurt the USD. Fed Chair Powell’s speech could be a major volatility driver—if he hints at slower rate hikes or economic softness, USD could weaken, lifting GBP/USD higher. US Jobless Claims (Apr 17): Initial jobless claims forecast at 225K—if this number comes in higher, it might reinforce concerns about a weakening labor market and put more pressure on the Fed to ease policy. My Trade Plan Given all of this, I’m looking for a long entry but waiting for confirmation on the hourly chart before entering. Ideal Entry: If GBP/USD pulls back to 1.3180–1.3190, I’ll look for buying signals (such as bullish candlestick formations or divergence in momentum indicators). If it breaks above 1.3245 with strong volume, that could confirm further upside, and I might enter on the breakout instead. Final Thoughts The uptrend is strong, but I don’t want to enter at the peak of an overbought rally. Instead, I’ll wait for a pullback or a breakout confirmation before committing to the trade. Additionally, I’m keeping an eye on how the UK inflation numbers and Powell’s speech shape market sentiment over the next 48 hours. All signs point toward GBP/USD continuing higher, but patience will be key in timing the best entry.
Long
by Sel_Ali
GBPUSD SHORT FORECAST Q2 W16 D15 Y25GBPUSD SHORT FORECAST Q2 W16 D15 Y25 Morning Traders! Let's await price action to tap into the weekly order block! From then on, eyes open for 15' breaks of structure. Ensure that key higher low areas and double doubles for potential longs are broken before looking to short a fairly strong looking pound! We simply await the pull back into s 15' order block that should be created post bearish move we have spoken of above. Upon the turn around in price action, we can be satisfied the bullish trend has exhaust somewhat. Let's await the setup. No positions on GBPUSD until the above. FRGNT X
Short
by JCFRGNT
4
GBPUSD Will Go Up From Support! Long! Take a look at our analysis for GBPUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.308. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.320 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. 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!
Long
by SignalProvider
1
GBPUSD: Strong Bullish Market 🇬🇧🇺🇸 GBPUSD set a new daily high today. The pair remains in a strong bullish momentum since 8th of April. With the complete absence of high impact fundamentals today, buying pressure may persist. I believe that it may continue rising at least to 1.33 - the closest historic resistance. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
2
“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
GBPAUD. Can we expect price to retrace higher?Good morning traders, we back with another idea on GBPAUD, yesterday I entered some positions and since I swing all my trades to TP/SL. Today morning following the AUD news, my stops were triggered but only due to ignorance because on Sunday as I was looking at it my plan was to enter today after the 8 am news on GBP. But it’s another lesson for the journal, on the daily TF this pair is ready to move lower but on this 1 hour we can see that price swept the liquidity below and failed to close below the lows, proving that price will move higher for our hourly high in purple. But since I’ve hit my daily loss, I’ll just monitor and study this setup to avoid today’s loss.
Long
by FxPipMaster_TebohoMatla
GBPUSD Analysis 4/14 at 7:11pm I've been closely watching GBP/USD, and as of now, the pair is trading at 1.31771. Based on my technical analysis and upcoming market events, I believe the best trade setup is a short position, but only after confirming a rejection near 1.316–1.317. Why This Short Trade Makes Sense Overbought Conditions The daily RSI is at 76.08, meaning the pair is in overbought territory. This increases the likelihood of a pullback rather than a continued rally. Other momentum indicators (like Stochastic RSI) show that buying pressure is weakening, further supporting the case for a reversal. Key Resistance at 1.320 Price has tested 1.320 multiple times but failed to break above it, reinforcing this area as strong resistance. The recent high at 1.31998 showed rejection, indicating that bullish momentum is struggling. Upcoming Fundamental Events The UK retail sales data exceeded expectations, providing some short-term support for GBP. However, upcoming major US economic releases—including Empire State Manufacturing and Retail Sales—could shift sentiment. With Fed Chair Powell speaking on April 16, volatility is expected, and I prefer to wait for these catalysts before fully committing to a position. My Trade Plan Entry: I’ll wait to sell GBP/USD after confirming rejection at 1.316–1.317. Final Thoughts I’m waiting for clear price rejection before entering. If GBP/USD struggles to break higher and starts reversing at 1.316–1.317, that’s my signal to short. At the same time, I’ll watch how the upcoming economic events influence market sentiment—especially the US retail sales data and Powell’s speech. This approach ensures I’m trading based on confirmation rather than speculation, reducing the risk of entering prematurely.
Short
by Sel_Ali