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Gbpusdanalysis

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
Short
by NuggetsWarriors
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
by BluetonaFX
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
Short
by MrStellanSight
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
Long
by NuggetsWarriors
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.
Short
by Ashbur
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
by 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!
Short
by DeGRAM
1
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
by 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.
Long
by Ashbur
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.
by FXOpen
2
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
Long
by NuggetsWarriors
"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.
Long
by Ashbur
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
GU-Fri-6/06/25 TDA-This week mostly after news driven PA!Analysis done directly on the chart Follow for more, possible live trades update! PA= price action This week unless you're good fundamental analyst or taking good advantage of fundamental news, it was not easy to trade normal price action. (at least for me) Since I trade only London session, and majority of moves happen in NY session after news release. This week was not the best for me, keeping myself low risk max medium risk trades. Active in London session! Not financial advice, DYOR. Market Flow Strategy Mister Y
by Mister_Y
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
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