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GBPUSD

GBPUSD (2H) - Short-Term ConsolidationFX:GBPUSD 📶 Technical Analysis: Weekly Chart: 🟡 The price has been in a bearish trend since September 2024, with current levels near a strong support zone around 1.2100. Daily Chart: 🟢 The bearish trend is confirmed by moving averages (MAs) and the formation of lower lows and lower highs. After testing the weekly support at 1.2100, a correction has occurred. 🟢 The price has double-tested a strong resistance level around 1.2500. 4-Hour Chart: 🟡 After strong bearish momentum at the start of 2025, the market has shifted into a bullish trend, but it is now in a neutral consolidation range between 1.2500 resistance and 1.2380 support. 🟡 There was a fake break of support caused by Trump's tariff policy. 2-Hour Chart: 🟠 A clear neutral formation has emerged, with high volatility since the beginning of February. 🔤 Summary: 🔴 Break above 1.2500: Could signal the start of bullish momentum. 🟢 Break below 1.2380: Could signal a shift to bearish momentum. 🟡 Until then, the price is likely to remain in a neutral zone. 🟡 Fundamental analysis is mandatory to understand the driving factors behind this pair. Watch the market expectations and economic indicators closely. 🟡 I am watching for clear technical formations and signals in the near future, mainly oriented for a short position if a clear opportunity arises.
by boykopetevboev
GBPUSD Is Very Bearish! Sell! Please, check our technical outlook for GBPUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.239. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.210 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBPUSD Selling Opportunities Daily Swing Structure = Bullish Daily INternal Structure = Bearish. Narrative Based on Internal Structure. We are Pro-trend. But, we are coming from a strong demand zone. From a daily perspective, GBPUsd is really not that clear. It is possible that the demand zone could SPONSOR a move that breaks the Swing Protected High. In short, this demand zone could be the genesis of phase C moves. _______________________________________ 4HRS Swing structure = Bearish Internal Structure = Bullish We know that internal structure was bullish to facilitate the swing pullback. We also know that internal trend changed from bullish to bearish hich signaled to us that the pullback phase was over. The moment internal trend changed from bullish to bearish, the demand zones left behind were now reaction points. However, Price tapped into demand zone created on Jan 21, and immediate reversed breaking internal change and causing an internal trend change from bearish to bullish. We know that after every break of structure (iBoS, CHoCH or BoS) we should expect a pullback from the reaction points. The moment internal trend changed from bearish to bullish, every demand zone left behind (STB Zones, Orderblocks Breakers etc etc) becomes reaction points. That brings us to where we are. The orderflow that we should follow is the fractal orderflow that we continue selling the currency until the fractal market structure changes from bearish to bulllish. The moment fractal structure switches, that signals to us that the internal pullback is over.
Short
by DagemFxStudio
NFP FRIDAY: GBPUSD ANALYSISIn the last video that i posted, i mentioned that we should be expecting a pullback from the demand zone. (Please refer to that video). What i never mentioned and i actually overlooked it was the STB(SELL TO BUY) wick zone that was slightly below our zone of interest. Price tapped into it and immediately reversed perfectly. If you were able to get into the buy trade, kudos. For those of us who waited for price to pullback into our supply zone, to sell, this is what NFP did. Well there is still a chance we may get involved in the market but i'm a bit skeptical. If you managed to catch those sells, Congrats, i would still continue holding the sells until we get to the midrange of the Internal structure, at least 1.23386 there about. That's it..... I'll see you on Monday. Happy weekend Fam
Short
by DagemFxStudio
GBP/USD at $1.2426: NFP in FocusGBP/USD is trading around $1.2426, down 0.1%, as the market focus shifts to the U.S. jobs report. The pound is under pressure due to the BoE’s forecast of higher inflation and weaker growth, with two officials advocating for a larger rate cut. Meanwhile, the U.S. labor market is expected to add 170,000 jobs and maintain a 4.1% unemployment rate. A strong U.S. jobs report could push GBP/USD lower, while weak data may support the pound. The first resistance level is 1.2500, with the next targets at 1.2600 and 1.2650 if breached. On the downside, initial support is at 1.2340, followed by 1.2265 and 1.2100.
by ChartMage
GBPUSD What Next? SELL! My dear followers, This is my opinion on the GBPUSD next move: The asset is approaching an important pivot point 1.2516 Bias - Bearish Safe Stop Loss - 1. 2585 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.2405 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
Cable H1 | Heading into overlap resistanceCable (GBP/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.2466 which is an overlap resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 1.2523 which is a level that sits above the 78.6% Fibonacci retracement and an overlap resistance. Take profit is at 1.2374 which is a swing-low support that aligns close to the 61.8% Fibonacci retracement level. 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 (www.fxcm.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 (www.fxcm.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 Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘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 FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
Fundamental Market Analysis for February 7, 2025 GBPUSDEvent to pay attention to today: 15:30 EET. USD - Non-Farm Employment Change GBPUSD: On Thursday, the GBP/USD pair experienced a sudden and significant decline, breaking a technical pullback from key averages and dipping below 1.24000. This move followed a rate cut by the Bank of England (BoE) of 25 basis points, which was accompanied by a hawkish monetary policy statement. This led to a shift in market expectations, with betting markets adjusting their predictions for further rate cuts to a later date than previously anticipated. According to market participants, the Bank of England is expected to implement two or three additional rate cuts this year.The decision to cut rates was unanimous among all nine members of the Monetary Policy Committee (MPC), with seven voting for a 25 basis point reduction and two members, known for their bearish stance, opting for a double 50 basis point cut. While policymakers are anticipating the benefits of February's rate cut, market expectations point to a further 70 basis points being taken away from the Bank of England's discount rate this year.Another non-farm payrolls (NFP) data release is scheduled for Friday, and net job gains are forecast to decline to 170,000 in January, down from December's 256,000.This week, close attention will be given to revisions of earlier data. Over the course of 2024, post-release revisions to the data have been on the upside, disappointing market participants who had hoped that cracks in US employment would help push the Federal Reserve (Fed) to cut rates further. Trading recommendation: Trading predominantly Sell orders from the current price level.
Short
by Fresh-Forexcast2004
Levels discussed on Livestream 6th Feb 20256th Feb 2025 DXY: Retracing from 107 support area, look for reaction between 107.90 and 108.30, above 108.30 could trade up to 109. NZDUSD: Sell 0.5640 SL 20 TP 50 AUDUSD: Buy 0.6280 SL 30 TP 80 (hesitation at 0.6330) GBPUSD: Straddle Rates Decision Pending Sell 1.2430 SL 30 TP 100 Buy 1.2510 SL 30 TP 100 EURUSD: Sell 1.0320 SL 30 TP 90 USDJPY: Buy 153.65 SL 40 TP 90 EURJPY: Sell 157.75 SL 40 TP 120 GBPJPY: Sell 189.70 SL 50 TP 145 USDCHF: Sell 0.90 SL 25 TP 80 (hesitation at 0.8975) USDCAD: Buy 1.44 SL 30 TP 60 XAUUSD: Retracing, could test 2840 (50%) and bounce higher to 2900
TVC:DXY
by JinDao_Tai
The Friday Forecast; Best Setups Frr Feb 7This market outlook will cover 15 markets: ES \ S&P 500 NQ | NASDAQ 100 YM | Dow Jones 30 GC |Gold SiI | Silver PL | Platinum HG | Copper USD Index EURUSD GBPUSD AUDUSD NZDUSD CAD, USDCAD CHF, USDCHF JPY, USDJPY Non Farm Payroll news tomorrow! This is likely to inject a lot of volatility into the markets. I recommend to wait until after the news is announced before executing on any trades. You never know where the market will go! Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME:6J1!
by RT_Money
GBPUSD at Key Resistance: Will Sellers Push Toward 1.24280?OANDA:GBPUSD has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. This level has historically acted as a key supply area, increasing the likelihood of a bearish bounce if sellers regain control. With the price now testing this resistance, I anticipate a potential downward move toward the 1.24280 level, aligning with the broader bearish market structure. This setup suggests the possibility of a retracement after the recent upward movement. Traders should watch for confirmation signals, such as bearish engulfing candles or rejection wicks, to validate the potential for a reversal.
Short
by DanieIM
3
XAU/USD: A Possible Correction? (Read the caption.)Analyzing the gold chart on the 30-minute timescale reveals that, as expected, the price corrected to $2858 following yesterday's study. However, it rapidly recovered, gaining 240 pips to set a new all-time high of $2882. Today, we finally had a pullback from $2882 to $2848, and gold is currently trading around $2868. If the market manages to stabilize below $2873.5 and is strongly rejected from this level, we may witness a fall down to depths under $2850. With increasing market volatility and important macroeconomic events on the horizon, traders should exercise caution. Price activity near these levels will be key in deciding the next move, as gold responds to fundamental variables such as inflation data and geopolitical developments. Monitoring price activity near support and resistance levels will be critical for spotting potential trading opportunities. Please support me with your likes and comments to encourage me to share more analysis with you and share your thoughts on the potential trend of this chart with me! By Nexus Trades Zone
FX_IDC:XAUUSDShort
by NexusTradesZone
Bank of England cuts rates, British pound slipsThe British pound is sharply lower on Thursday. In the North American session, GBP/USD is trading at 1.2434, down 0.56% on the day. The pound fell as much as 1.1% but has pared around half of the losses. The Bank of England (BoE) lowered interest rates by 0.25% at today’s policy meeting, bringing the bank rate to 4.5%, its lowest level since May 2023.  Today's move was widely expected and the Monetary Policy Committee vote to lower rates was unanimous at 9-0.  Seven of the members voted for a 0.25% cut while two members voted for a larger reduction of 0.50%.  The vote was a slight surprise as the markets had expected that eight members would vote for a cut while one would vote to hold rates. Governor Bailey sounded dovish at his post-meeting press conference, saying that the BoE expects to continue lowering rates as inflation is projected to move lower.  Still he warned that there is much uncertainty and that rate decisions would be made on a meeting-by-meeting basis. The BoE’s rate statement noted that there had been “substantial progress on disinflation over the past two years”.  Still, the statement stressed the cautious stance of the Bank, saying that it would take a “gradual and careful” approach to further rate cuts.  This means that the BoE would prefer to deliver modest cuts in increments of 25-basis points, provided that disinflation remains in place. This week's PMIs are painting bleak picture of the UK economy.  Manufacturing remains in contraction and services is barely showing growth. Earlier today, construction PMI dropped sharply to 48.1 from 51.2, which indicates contraction.  This weak release has contributed to the pound's decline today. GBP/USD is testing support at 1.2462 earlier. Below, there is support at 1.2420 1.2506 and 1.2548 are the next resistance lines
by OANDA
EUR/USD : More Fall Ahead? Let's See! (READ THE CAPTION)By analyzing the EUR/USD chart on the three-day timeframe, we can see that the price was rejected from the 1.053 level, as per our main analysis, leading to a decline of over 300 pips down to 1.021. Currently, EUR/USD is trading around 1.036, and if the price stabilizes below 1.042, we can expect further downside movement. Keep an eye on the price reaction to the key levels marked on the chart! 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
Short
by ArmanShabanTrading
12
EUR/USD : Get Ready for the next Bearish move (READ THE CAPTION)By analyzing the #EURUSD chart on the 3-day timeframe, we can see that after rising to the upper limit of the supply zone at 1.046 - 1.055, the price has finally corrected and is currently trading around 1.042. If the price stabilizes below this level, we can expect further declines in EURUSD. However, keep in mind that in about 2.5 hours, we have the significant CB Consumer Confidence report, which could strongly impact the market! 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
Short
by ArmanShabanTrading
9
Keep an eye on the BoE interest rate decisionDo not miss the BoE interest rate decision, where the Bank is expected to go for another 25bps cut. Can the BoE afford it? Let's see. MARKETSCOM:GBPUSD FX_IDC:GBPUSD 74.2% 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. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
by Marketscom
GBPUSD - Will the dollar return to the bullish trajectory?!US President Donald Trump has once again shown his mastery of political bluffs. He pushed negotiations with Mexico and Canada to the brink of crisis, there were numerous reports of increased tariffs and tougher measures, but in the end, he canceled everything. Instead, only a few symbolic measures were announced at the border, many of which had been discussed before. Now it seems that this scenario will be repeated again in the next 30 days. That this was a bluff was predictable from the beginning, but it was a challenging experience for analysts and markets. If you didn’t have a moment of doubt during this process, you probably weren’t paying close enough attention. But that’s the Trump strategy: in the market you have to have a strong belief that you are on the right track. When everyone is panicking, you have to stay calm and watch the process from the outside. The trade war has caused significant volatility in financial markets, and it’s not easy to make a profit in this environment. One of the main challenges was the timing. Last week, Trump announced that Mexico and Canada could do nothing to prevent the tariffs. But just days later, the two countries made almost no concessions and no tariffs were imposed. The signs of a shift in direction were already clear. The most important sign was the comments of Kevin Hassett, the White House economic adviser, who indicated that the talks were changing direction. He shifted the focus of the discussion to the problem of drugs and fentanyl, a shift that indicated that the Trump administration was looking to declare a victory in the negotiations. When even CNBC analysts noticed the change, it was clear that the direction of the talks had changed. “It doesn’t seem like you believe that these tariffs are going to happen, or that they will last very long,” one of the network’s hosts told Hassett in an interview. How did the financial markets react? The currency market was one of the best indicators to understand developments. While the stock markets were volatile, the trends in Forex were more transparent and occurred without random disturbances. The focus of attention on financial markets today is the Bank of England’s monetary policy decision. The Bank of England is expected to cut interest rates by 25 basis points, starting the new year. The decision will not come as a surprise, as OIS market data shows that traders have priced in a cut with a probability of around 92%. The cut will take the Bank of England’s policy rate to 4.50%, while policymakers continue to gradually reduce interest rates. However, the most important part of the decision will be the central bank’s statement and tone. The results of the December vote showed that there is a division among BoE policymakers. Dhingra, Ramsden and Taylor had voted for a 25 basis point cut earlier in the same meeting. The Bank of England continues to insist that “a gradual approach to removing monetary policy constraints remains appropriate.” This will remain the watchword for monetary policy today, even if interest rate cuts are implemented. But economic uncertainties remain. The December inflation report showed that price pressures have eased, but the trend is not sustainable. Analysts have made a few key points: • The decline in inflation has been driven largely by falling service prices. • But a closer look suggests that the decline may be temporary. Rob Wood of Pantheon Economics explained that the ONS’s calculation method has led to a drop in airline prices on December 10. The drop came before the Christmas break, when prices would normally have been expected to rise. Overall, the disinflationary trend remains unsustainable. With core inflation still above 3%, the Bank of England remains committed to keeping price pressures in check. Future Forecast: • The Bank of England will cut interest rates today as expected, but will emphasize that future actions will depend on economic data. • Traders do not expect interest rate cuts in February and March, but have forecast the next cut for May 2025. • In total, interest rate cuts for 2025 are estimated at around 83 basis points. Since the Bank of England is unlikely to make any clear commitments on the future course of its policies, the impact of this decision on the value of the pound and government bonds (Gilts) is expected to be limited. The GBPUSD currency pair is located between the EMA200 and EMA50 on the 4-hour timeframe and is moving in its ascending channel. In case of a downward correction, the pair can be bought within the specified demand zone.
Long
by Ali_PSND