GBP/USD Technical Analysis – Bearish Setup Developing!GBP/USD Technical Analysis – Bearish Setup Developing! 🔻
Chart Breakdown (H4):
📌 Resistance Zone (🔴 1.35800 – 1.36000):
The pair has been rejected multiple times from this strong resistance area, marked by multiple upper wicks and bearish pressure. Most recent price action shows another rejection, forming a lower high.
📌 Support Level (🟣 1.34732):
This key horizontal level has acted as a strong support multiple times (highlighted with 🟠 circles), suggesting bulls are attempting to defend this zone.
📉 Bearish Structure Formation:
Price recently tested resistance again and was rejected sharply.
A potential double-top or lower high structure is forming.
A break and close below the 1.34732 support will likely confirm bearish momentum.
📍 Next Target (🔻):
If support breaks, price may fall towards the support demand zone around 1.34150 – 1.34300, aligning with the marked red support box.
📈 Invalidation Point:
A clean breakout and hold above 1.36000 would invalidate this bearish bias and potentially signal continuation higher.
⚠️ Summary:
🔼 Resistance Rejection at 1.36000
🔽 Watching for break below 1.34732
🎯 Bearish target: 1.34300 zone
🔄 Invalidation: Break above 1.36000
Bias: 📉 Bearish Below 1.34732
Gbpusdanalysis
GBP/USD Rally Resumes – Bullish Targets AheadHi everyone,
As outlined in our previous GBP/USD analysis (idea linked below), the Cable confirmed its continued rally following a decisive break above the 1.35195 level. This was quickly followed by a move through our highlighted levels at 1.35630 and 1.35934.
As previously noted, the clearance of these levels strengthens our expectation for further upside, with the next key level of interest around 1.36850. We'll be watching to see how price action develops from here.
We’ll continue to provide updates on the projected path for GBP/USD as price approaches this target.
The longer-term outlook remains bullish, and we expect the rally to continue extending further from the 1.20991 January low.
We’ll be keeping you updated throughout the week with how we’re managing our active ideas. Thanks again for all the likes/boosts, comments and follows — we appreciate the support!
All the best for the week ahead. Trade safe.
BluetonaFX
Two downward-sloping channels (drawn with parallel white lines) Chart Details
Pair: GBP/USD
Timeframe: 1H (1 Hour)
Platform: TradingView
Price at capture: ~1.36020
Indicators: EMA 50 is mentioned, though not visibly prominent.
📉
Technical Analysis
Descending Channels: Two downward-sloping channels (drawn with parallel white lines) show past bearish movements.
Breakout: The price has broken out upwards from the latest descending channel, indicating a bullish impulse.
Supply Zone (Red Box):
Ranges between 1.36104 and 1.36233.
Likely a resistance/sell zone, where price is expected to reverse.
Demand Zone (Green Box):
Starts below the supply zone and represents a potential target zone for shorts.
Trade setup suggests entering a short position after a potential wick or touch into the red zone.
Projected Path (White Line):
Shows an anticipated bearish move after tapping into the red zone.
Suggests a short trade targeting the 1.34322 region (lower green box), potentially a support zone.
✅
Conclusion
The trader is expecting:
A short opportunity after a potential rejection from the 1.3610–1.3623 resistance area.
A move downward toward the 1.3432 level.
GBPUSD is rising towards the resistance zone of 1.35600GBPUSD is heading towards 1.35600. If the gold price closes around this area, it confirms that the buyers have entered the market. You can set up a BUY signal now with SL placed below the candle wick. After touching 1.356, we can wait for the price reaction and set up a SELL signal again following the sideways border.
Do you agree with our view of buying 1.34900 and SL 1.34600?
Leave a comment
GU-Thu-12/06/25 TDA-Higher US CPI, why GU pumped? explained!Analysis done directly on the chart
Follow for more, possible live trades update!
Here's the tricky part of CPI, this year 2.4% higher
than last year 2.3% but GU still pumped, why?
Because consensus was 2.5% and since it released
2.4% which is lower than consensus, bad for dollar
thus GU pumping.
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBPUSD(20250613)Today's AnalysisMarket news:
The number of initial jobless claims in the United States for the week ending June 7 was 248,000, higher than the expected 240,000, the highest since the week of October 5, 2024. The monthly rate of the core PPI in the United States in May was 0.1%, lower than the expected 0.30%. Traders once again fully priced in the Fed's two interest rate cuts this year.
Technical analysis:
Today's buying and selling boundaries:
1.3585
Support and resistance levels
1.3685
1.3648
1.3624
1.3547
1.3522
1.3485
Trading strategy:
If the price breaks through 1.3624, consider buying in, the first target price is 1.3648
If the price breaks through 1.3585, consider selling in, the first target price is 1.3547
GBPUSD(20250612)Today's AnalysisMarket news:
① The EU hopes that the trade negotiations will be extended beyond the suspension period set by Trump. ② Bessant: As long as "sincerity" is shown in the negotiations, the Trump administration is willing to extend the current 90-day tariff suspension period beyond July 9. ③ Trump will hold multiple bilateral talks during the G7 summit. ④ The total customs revenue of the United States reached a record high of US$23 billion in May, an increase of nearly four times year-on-year. ⑤ Lutnick: One deal after another will be reached.
Technical analysis:
Today's buying and selling boundaries:
1.3525
Support and resistance levels:
1.3627
1.3589
1.3564
1.3486
1.3461
1.3423
Trading strategy:
If the price breaks through 1.3564, consider buying in, the first target price is 1.3589
If the price breaks through 1.3525, consider selling in, the first target price is 1.3486
The British pound's rebound was blockedThe British pound staged a technical rebound after a sharp decline on Tuesday, trading near 1.35 during the North American session. A day earlier, the exchange rate had retreated amid expectations that the Bank of England (BoE) would continue to cut rates twice within the year, triggered by weak UK labor market data. However, on Wednesday, against the backdrop of the US CPI data falling short of expectations, the US Dollar Index weakened, allowing the pound to rebound. Although the exchange rate has regained the 1.35 threshold currently, if UK economic data continues to be weak, the pound may test support levels at 1.34 or lower again.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
GU-Wed-11/06/25 TDA-All eyes on US CPI release in NY session!Analysis done directly on the chart
Follow for more, possible live trades update!
Here's a brief definition of CPI copied directly from Fxstreet.com:
Link: www.fxstreet.com
Inflationary or deflationary tendencies are measured by periodically
summing the prices of a basket of representative goods and services
and presenting the data as The Consumer Price Index (CPI).
CPI data is compiled on a monthly basis and released by the
US Department of Labor Statistics. The YoY reading compares
the prices of goods in the reference month to the same month a year earlier.
The CPI is a key indicator to measure inflation and changes in purchasing trends.
Generally speaking, a high reading is seen as bullish for the US Dollar (USD),
while a low reading is seen as bearish.
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GU-Fri-13/06/25 TDA-Difficult zone, prioritize risk management!Analysis done directly on the chart
Follow for more, possible live trades update!
June definitely showing slower price action,
tighter range movement (average daily movement).
This is how markets work! Some months it gives
good push, wide average daily movement. Some others,
it gives less average daily movement and slower pushes.
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
DeGRAM | GBPUSD broke the channel📊 Technical Analysis
● Pullback stalled exactly on the purple trend-support (≈1.348) and the channel mid-line after a false break of the upper wedge, preserving the sequence of higher-lows since May.
● Price is basing inside the 1.337-1.353 support strip; reclaim of 1.3530 would invalidate the bearish trap and open the next channel-median / April swing at 1.3590, while the lower rail at 1.3250 guards the up-trend.
💡 Fundamental Analysis
● UK April wage growth held at 5.7 % y/y, keeping BoE tightening bias alive, while softer US CPI expectations cool Treasury yields—narrowing the rate gap and underpinning sterling.
✨ Summary
Long 1.337-1.348; confirmation above 1.353 targets 1.3590, stretch 1.3700. View void on an H4 close below 1.3250.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
GU-Tue-10/06/25 TDA-Will supports hold or GU breaking down?Analysis done directly on the chart
Follow for more, possible live trades update!
Qualitative over quantitative trades, if I don't see good volume,
efficient moves with less and less drawdown I don't mind not taking
any trades even for days if it's necessary. When you control the urge
of having necessarily take trades everyday your psychology will level up a lot.
I take profits based on what the market conditions offer me and
not sticking to always have to set necessarily 1:2 RR or whatever.
It all depends on how market is doing. That's something we can't control.
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
How should GBP bulls prepare for battle?The GBP/USD came under pressure during the North American session, trading near 1.353. The market is digesting a series of upcoming UK domestic data and global macro risk events, with overall volatility likely to increase. The recent high of 1.3616 forms a short-term resistance, while the 1.3500 level below serves as a key support zone. Short-term bulls need to hold the 1.3500 support band. If the price rebounds without breaking this level and can break above the 1.3570–1.3616 resistance area with increased trading volume,
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
Bearish GBP/USD Outlook: Shorting the Pound Against the DollarI can write a lot of text here but let make it short, liek and sub from you for that:
3 options:
pump till PDH then dump to weekly FVG 1.34 area
dump from here till weekly FVG 1.34 area
if it breaks above PWH with good volume and closing at least on 4h then only longs
GBPUSD Edges HigherGBPUSD Edges Higher
GBP/USD is attempting a fresh increase above the 1.3500 resistance.
Important Takeaways for GBP/USD Analysis Today
- The British Pound is attempting a fresh increase above 1.3515.
- There was a break above a key bearish trend line with resistance at 1.3535 on the hourly chart of GBP/USD at FXOpen.
GBP/USD Technical Analysis
On the hourly chart of GBP/USD at FXOpen, the pair declined after it failed to clear the 1.3615 resistance. The British Pound even traded below the 1.3575 support against the US Dollar.
Finally, the pair tested the 1.3500 zone and is currently attempting a fresh increase. The bulls were able to push the pair above the 50-hour simple moving average and 1.3540. There was a break above a key bearish trend line with resistance at 1.3535.
The pair tested the 50% Fib retracement level of the downward move from the 1.3616 swing high to the 1.3507 low. It is now showing positive signs above 1.3540.
On the upside, the GBP/USD chart indicates that the pair is facing resistance near 1.3575 and the 61.8% Fib retracement level of the downward move from the 1.3616 swing high to the 1.3507 low.
The next major resistance is near 1.3590. A close above the 1.3590 resistance zone could open the doors for a move toward 1.3615. Any more gains might send GBP/USD toward 1.3650.
On the downside, immediate support is near the 1.3515. If there is a downside break below 1.3515, the pair could accelerate lower. The first major support is near the 1.3500 level. The next key support is seen near 1.3450, below which the pair could test 1.3420. Any more losses could lead the pair toward the 1.3350 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.
GBP/USD Robbery: Can You Grab the Cash Before the Cops Arrive?🚨 GBP/USD "The Cable" forex bank Heist Alert: The Bullish Breakout Robbery Plan (Swing & Scalp Strategy) 🚨
🌟 Hi! Hola! Ola! Bonjour! Hallo! Marhaba! 🌟
Attention Money Makers & Market Robbers! 🤑💰💸
Based on the 🔥Thief Trading Style🔥, here’s our master plan to loot the GBP/USD "The Cable" forex bank. Follow the strategy on the chart—focusing on LONG entries—and escape near the high-risk Red Zone. This area is overbought, consolidating, and a potential reversal trap where bears lurk. 🏆 Take profits fast—you’ve earned it! 💪
🎯 Heist Entries:
📈 Entry 1: "The Breakout Heist!" – Wait for Resistance (1.36200) to break, then strike! Bullish profits await.
📈 Entry 2: "Big Players’ Pullback!" – Jump in at 1.34000+ buy above at any price for a safer steal.
🔔 Pro Tip: Set a chart alert to catch the breakout instantly!
🛑 Stop Loss Rules:
*"Yo, listen! 🗣️ If you’re entering with a buy-stop, DON’T set your SL until AFTER the breakout. Place it at the nearest swing low (3H timeframe) or wherever your risk allows—but remember, rebels risk more! 🔥"*
🏴☠️ Target: 1.37500
🧲 Scalpers: Only play LONG! Use trailing SL to lock in profits. Big wallets? Go all in. Small stacks? Join the swing heist!
📊 Market Pulse:
The GBP/USD "The Cable" is neutral but primed for bullish momentum. Watch:
Fundamentals (COT, Macro, Geopolitics)
Sentiment & Intermarket Trends
Positioning & Future Targets & Overall score
📌 Check our bioo linkks for deep analysis! 🔗🌍
⚠️ Trading Alert:
News = Volatility! Protect your loot:
Avoid new trades during major news
Use trailing stops to secure profits
💥 Boost This Heist!
Hit 👍 & 🔄 to strengthen our robbery crew! Let’s dominate the market daily with the Thief Trading Style. 🚀💵
Stay tuned—another heist drops soon! 🎯🐱👤
GU-Mon-9/06/25 TDA-GU back in the range after NFPAnalysis done directly on the chart
Follow for more, possible live trades update!
When sometimes you don't take trades, you
can always take notes and learn more than
you already know about market movement,
price fluctuations, developing better pattern
recognition.
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBPUSD(20250609)Today's AnalysisMarket news:
Fed Harker: Amid uncertainty, the Fed may still cut interest rates later this year. Musallem: There is a 50% chance that the trade war will lead to a sustained inflation outbreak. Tariffs may push up inflation within one or two quarters. The ECB cut three key interest rates by 25 basis points. Lagarde hinted that the rate cut cycle will end, and the market is no longer fully pricing in another 25 basis point rate cut this year.
Technical analysis:
Today's buying and selling boundaries:
1.3538
Support and resistance levels:
1.3615
1.3586
1.3568
1.3509
1.3491
1.3462
Trading strategy:
If the price breaks through 1.3538, consider buying in, with the first target price of 1.3568
If the price breaks through 1.3509, consider selling in, with the first target price of 1.3491
GBPUSD:Sharing of the Trading Strategy for Next WeekAll the trading signals this week have resulted in profits!!! Check it!!!👉👉👉
Fundamental Analysis:
US May Nonfarm Payroll data influences Fed policy expectations: slowing job growth but strong wage growth raises odds of a September rate cut, exerting pressure on the USD. Meanwhile, the UK manufacturing sector faces headwinds from US tariff policies, while domestic policy adjustments (e.g., tightened stamp duty relief) impact the economy. Diverging expectations on BoE rate policy and unimplemented parts of the US-UK trade agreement add uncertainty.
Technical Analysis (4-hour chart):
MACD histogram remains negative but is shrinking, indicating marginal bullish momentum recovery amid an unclear overall trend.
Rising prices with declining volumes signal weakening upward momentum.
Key resistance: ~1.3600; support: ~1.3400.
Trading Recommendation:
Aggressive traders may initiate light long positions near 1.3450 on price retracement.
Trading Strategy:
buy@1.3450-1.3480
TP:1.3550-1.3600
Share accurate trading signals daily—transform your life starting now!
👇 👇 👇 Obtain signals👉👉👉
"Continue to maintain strength"The GBP/USD trended higher in a volatile manner this week, rising 0.5% on a weekly basis and demonstrating relatively robust performance among major currencies. The UK's exemption from Trump's newly imposed steel and aluminum tariffs provided support for the British pound, with market sentiment remaining relatively optimistic. Analysts noted that the UK's immunity to Trump's steel and aluminum tariffs constitutes a positive factor for the GBP, but next week's employment data will be pivotal. A rise in the unemployment rate for April could weaken the pound's upward momentum. The market holds a positive view on the Bank of England's (BoE) cautious monetary policy stance, believing it will help the GBP maintain its strength in the short term.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.