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Gbpusdanalysis

GBPUSD Trending Lower - Will It Drop To 1.28660?OANDA:GBPUSD is currently trading within a descending channel, indicating a strong bearish trend. The price has recently tested a resistance zone within the channel and appears to be rejecting it, suggesting a potential continuation to the downside. The current market structure implies that if this rejection holds, we could see further bearish movement toward the 1.28660 level, which aligns with the lower boundary of the channel. However, if the price manages to push above the channel with strong momentum, it could signal a shift in trend, potentially leading to a bullish breakout and a move toward higher resistance levels. Traders should look for confirmation signals such as rejection wicks, bearish engulfing candles, or increased selling volume before entering short positions. If you agree with this analysis or have additional insights, feel free to share your thoughts!
Short
by DanieIM
34
GBP/USD Breaks Rising Channel – Bearish Target Ahead!Key Observations: Rising Channel: The price was trading within an ascending channel, bouncing between resistance and support. Breakout & Sell Signal: The price has broken below the channel support, indicating a potential trend reversal. Bearish Target: The next key support level is around 1.27024, aligning with a previous demand zone. Confirmation: If the price stays below 1.29165, further downside movement is likely. Trading Idea: Short Entry: After confirmation of a breakdown below support. Target: 1.27024 (next major support level). Stop Loss: Above 1.30127 (previous resistance). This setup suggests bearish momentum as long as the price remains below the broken support. Traders should watch for retests and volume confirmation.
Short
by PIPsOptimizer
2
GBP/USD Analysis: Pair Fails to Hold Above Psychological LevelGBP/USD Analysis: Pair Fails to Hold Above Psychological Level As shown in today’s GBP/USD chart, the pair failed to maintain its position above the psychological level of 1.3000 USD per pound, where it had reached its highest point since early 2025. The decline followed recent central bank decisions and statements, with both the Bank of England and the Federal Reserve keeping interest rates unchanged. On one side, the Bank of England: → Warned of inflation risks, partly driven by external factors such as US trade tariffs. → Indicated a potential rate cut in the coming months. On the other hand, the US dollar strengthened on Thursday after the Federal Reserve signalled reluctance to rush further rate cuts this year, despite uncertainties surrounding US tariffs. These statements highlighted the challenges market participants face in assessing the risks posed by tariffs on global trade. Technical Analysis of GBP/USD In March, the pound followed an upward trend against the US dollar, forming an ascending channel (marked in blue). However, once the price moved above the key 1.3000 level, the upper boundary of the channel appeared out of reach—possibly signalling weakening buying momentum. As a result, the price broke below the lower boundary of the channel, which has now shown signs of resistance (indicated by an arrow). If bearish pressure persists, the price could fall towards the dotted trendline below the channel, at a distance equal to its height. Additionally, a test of the previous local low around 1.2911 cannot be ruled out. 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
GBP/USD 30-Minute Bearish Trade Setup & Analysis200 EMA (Blue) at 1.29285 – Represents long-term trend support/resistance. 30 EMA (Red) at 1.29329 – Represents short-term trend direction. Trade Setup: Entry: The trade seems to enter near the 30 EMA after price rejects a resistance zone (highlighted in purple). Stop Loss: Placed above the resistance zone at around 1.29564 - 1.29568. Take Profit Levels: TP1: ~1.29250 TP2: ~1.28996 TP3: Final target at ~1.28827 Market Analysis: The price has rejected the 30 EMA, signaling potential bearish movement. The downtrend projection suggests a possible break below 1.29250, aiming for the lower support levels. The risk-to-reward ratio appears favorable, with a tight stop loss and multiple profit-taking points. Possible Scenarios: Bearish Case (High Probability): If price stays below the 30 EMA, it may continue down towards the target points. Bullish Case (Low Probability): If price breaks above the resistance zone, it could invalidate the short setup, triggering the stop loss. Would you like a deeper analysis or confirmation with another indicator?
Short
by EA_GOLD_MAN_COPY_TRADE
GBP/USD – Potential Pullback from ResistanceChart Overview: The 4-hour GBP/USD chart shows a strong uptrend contained within a rising channel. The price has recently reached the upper boundary of the channel and is showing signs of rejection, indicating a possible pullback. A downside move towards 1.27736 is anticipated, which aligns with a key support level. Technical Outlook: If the price respects the resistance zone, a retracement toward the 1.27736 target could be expected. A confirmed break below this level could open the door for further downside. However, if bullish momentum resumes, the price may attempt to break above the 1.3000 psychological level. Trading Plan: Short-term traders may look for selling opportunities targeting 1.27736. Long-term traders may wait for a bullish reaction at support for potential continuation of the uptrend. Key Levels: Current Price: 1.29574 Support Target: 1.27736 Resistance: 1.3000 Would you like to add further details or modify the description
Short
by PIPsOptimizer
GBP/USD Bullish Channel – Buy Opportunity! Overview: The British Pound (GBP) against the US Dollar (USD) is currently trading within an ascending channel on the 4-hour timeframe. The price is approaching a key buy zone at the lower trendline, presenting a potential long opportunity if bullish momentum continues. Key Market Structure Analysis: 🔹 Uptrend in Progress: GBP/USD has been forming higher highs and higher lows inside a well-defined rising channel. 🔹 Support Zone: A potential buy entry is around 1.2925, aligning with the lower boundary of the channel. 🔹 Target Projection: If the price bounces from support, the next key resistance target is 1.3085. Potential Trade Setup: ✅ Bullish Scenario: A retest and bounce from 1.2925 could trigger a buy setup. Upside target: 🎯 1.3085 – Key resistance level within the channel. ⚠️ Bearish Scenario (Invalidation): A break below 1.2925 could invalidate the bullish setup and signal a deeper retracement. Below the channel support, price might target the 1.2600 region as the next demand zone. Final Thoughts: GBP/USD remains in a strong uptrend, with the lower channel support acting as a key decision point. If bulls defend this level, we could see further upside momentum. However, a breakdown of the structure could shift the sentiment. Will GBP/USD continue its bullish momentum? Share your thoughts below!
Long
by PIPsOptimizer
GBP/USD Intraday Market Analysis: Potential Upside ReversalThe GBP/USD 15-minute chart suggests a possible bullish reversal following a period of consolidation near the 200-period moving average. Price action formed multiple rejection wicks at a key support level, indicating buying interest. A bullish engulfing candle has emerged, confirming a potential shift in momentum. The risk-to-reward setup highlights a long position, with stop-loss protection just below the recent lows and a target towards previous liquidity zones. The stochastic-based momentum indicator shows a crossover in oversold territory, further supporting potential upside movement. If price sustains above the 200 EMA and breaks through immediate resistance, further bullish continuation is likely. However, failure to hold above the entry level could invalidate the setup, leading to further downside pressure.
Long
by BeaucoupPips
GBPUSD is in the Selling DirectionHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
GbpUsd is approaching a strong sell zoneExactly one week ago, I pointed out that while TRADENATION:GBPUSD strength persists, the pair is approaching a significant sell zone , starting at the psychological level of 1.30. This level was touched recently, and the pair is currently fluctuating within this range now. My view remains the same: GBP/USD is likely to experience a drop in the near future, and I’m now looking for potential entries for a swing trade. As mentioned before, 1.30 is a key psychological level, with the technical resistance just above it at 1.3050. Additionally, GBP/USD is known for its volatility, and this resistance zone extends slightly above 1.31. In conclusion, traders should consider selling rallies, with a target around 1.27, aiming for at least a 1:2 risk-to-reward ratio when setting their stop loss. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Short
by Mihai_Iacob
2
GBP/USD Market Outlook & Analysis (Bullish)**GBP/USD Market Outlook & Analysis** **📊 Price Action & Key Levels** - **GBP/USD trades around 1.29300** in a narrow range, struggling for momentum. - Last week’s **high of 1.29900** remains a key resistance level. - **Key Support Levels:** - **1.29000 (Psychological level)** → A breakdown may trigger more downside. - **1.2850 (Next key support)** → Watch for buying interest. - **Key Resistance Levels:** - **1.2990 (Last week's peak)** → A breakout could open doors for **1.3050+.** **🌍 Fundamental Drivers** - **USD Weakness:** - Fears that **Trump’s tariffs could slow the US economy** weigh on the dollar. - Weak US inflation and a **cooling labor market** increase **rate cut expectations** for 2024. - University of Michigan’s **Consumer Sentiment Index fell** to a 2.5-year low, fueling bearish sentiment. - **GBP Struggles Despite BoE Expectations:** - **UK GDP contracted by 0.1% in January**, capping the pound’s upside. - However, **expectations that the BoE will cut rates more slowly than the Fed** provide support for GBP/USD. **📅 Key Events to Watch** - **Monday:** US **Retail Sales & Empire State Manufacturing Index**. - **Wednesday:** **FOMC meeting** → Market expects no rate change but will closely watch guidance. - **Thursday:** **BoE meeting** → If policymakers signal slower rate cuts, GBP could strengthen. **📈 Trading Strategy & Takeaways** - **Bullish bias above 1.29300** if the dollar remains under pressure. - **Break above 1.29400** could see GBP/USD testing **1.3050** in the short term. - **If 1.29000 breaks,** watch for a potential dip toward **1.28500** before buyers step in. - **Major volatility expected midweek** with FOMC & BoE—trade cautiously! 📢 **Final Word:** GBP/USD remains in a tug-of-war between a weak USD and soft UK data. Stay patient and wait for confirmation before making moves! 💹🔥 #Forex #GBPUSD
Long
by elitetrader9090
GBP/USD - 4H Chart Analysis & Trade Setup Market Overview: GBP/USD has been in an uptrend, forming a rising channel structure. The price is now testing a resistance zone, potentially indicating a reversal. Technical Analysis: Trend: Bullish (but approaching key resistance) Resistance Level: 1.29720 - 1.30000 (Highlighted Zone) Support Level: 1.24906 (Potential target) Stop Loss: 1.30970 (Above resistance) Pattern: Rising Channel Breakout Setup Trade Idea (Short Setup): 🔴 Sell Entry: Near 1.29720 (Resistance rejection confirmation) ✅ Target: 1.24906 (Major support zone) ⛔ Stop Loss: 1.30970 (Above resistance to avoid fakeouts) Conclusion: GBP/USD is testing key resistance and may face bearish rejection. A break below the channel confirms bearish momentum towards 1.24906. Traders may consider short positions with a defined risk-reward setup. 📉 Bearish bias unless price breaks above resistance.
Short
by ForexOptimizer
1
GBPUSD Trading Strategy for Next WeekIf no major unexpected situations occur, the GBP/USD is most likely to embark on a downward journey. Dominated by bears, it will gradually decline in a volatile manner, testing the key support level below. GBPUSD Trading Strategy for Next Week: GBPUSDsell@1.2930-1.2980 tp:1.2900-1.2850 sl:1.3000 I firmly believe that realized profits and a high win rate are the best measures of trading proficiency. Every day, I share highly accurate trading signals. These signals include precise entry points, stop-loss levels for risk control, and profit targets derived from in-depth analysis. Follow me to unlock substantial returns in the financial markets. Click on my profile to access trading guides on market trends, trading strategies, and risk management.
Short
by JohnGonzalez7
GBP/USD Bullish Breakout AnalysisThe GBP/USD currency pair has successfully broken above a key bullish trendline, signaling potential further upside momentum. This breakout suggests that buyers are gaining control, and the pair could continue its upward movement toward the next resistance levels. Current Market Structure & Key Levels: Breakout Confirmation: The pair has breached the bullish trendline resistance, indicating renewed bullish strength. Immediate Resistance: The price is currently facing a strong resistance level at 1.28120. This level is critical as it could act as a temporary hurdle before further upside movement. Break & Continuation: If GBP/USD successfully breaks and holds above 1.28120, we can expect bullish continuation toward the next upside targets at 1.28700 and 1.29650. Support Levels: In case of a retracement, the pair might find support at the previously broken trendline, which could now act as a demand zone. Technical Outlook: Momentum Shift: The breakout of the trendline suggests a shift in momentum favoring buyers. Volume Confirmation: If the breakout is accompanied by increasing trading volume, it will further strengthen the bullish bias. Fundamental Factors: Any economic data releases related to GBP or USD, as well as central bank decisions, could influence price action and confirm or invalidate the breakout. Trading Plan: A confirmed break and retest of 1.28120 could provide a good buying opportunity with upside targets of 1.28700 and 1.29650. A failure to break this resistance may result in a temporary pullback before another attempt at a breakout. Traders should monitor price action, volume, and potential news catalysts to validate the breakout for further bullish continuation.
Long
by Pipsview_Analysis
GBP/USD "The Cable" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on! however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at (1.25500) swing Trade Basis Using the 6H period, the recent / swing low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1.29300 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT Report, Quantitative Analysis, Intermarket Analysis, Sentimental Outlook: GBP/USD "The Cable" Forex Market market is currently experiencing a bullish trend,., driven by several key factors. 🔰Fundamental Analysis 1. Economic Indicators: The UK's GDP growth rate, inflation rate, interest rate, and employment figures are strong, supporting a bullish outlook. 2. Central Bank Policies: The Bank of England's decision to keep interest rates low has weakened the pound, but the Federal Reserve's hawkish stance has strengthened the dollar. 3. Fiscal Policies: The UK government's spending and taxation policies have been neutral, while the US government's policies have been supportive of economic growth. 🔰Macroeconomic Factors 1. Trade Balance: The UK's trade balance has improved, supporting a bullish outlook. 2. Political Stability: The UK's political stability has improved, while the US's political stability has been neutral. 3. Global Economic Trends: Global economic trends have been supportive of a bullish outlook. 🔰Global Market Analysis 1. Commodity Prices: Commodity prices have been neutral, with oil prices steady and gold prices slightly higher. 2. Currency Correlations: The GBP/USD pair has a strong positive correlation with the EUR/USD pair. 3. Global Economic Trends: Global economic trends have been supportive of a bullish outlook. 🔰COT Data 1. Commitment of Traders Report: The report shows that commercial traders are net long, while non-commercial traders are net short. 2. Open Interest: Open interest has increased, indicating a potential trend reversal. 3. Commercial Positions: Commercial traders' positions indicate a bullish outlook. 🔰Intermarket Analysis 1. Correlations with Other Markets: The GBP/USD pair has a strong positive correlation with the EUR/USD pair and a negative correlation with the USD/JPY pair. 2. Divergences: There are no significant divergences between the GBP/USD pair and other markets. 🔰Quantitative Analysis 1. Technical Indicators: Technical indicators, such as moving averages and RSI, indicate a bullish outlook. 2. Statistical Models: Statistical models, such as regression analysis, indicate a bullish outlook. 🔰Market Sentiment Analysis 1. Trader Sentiment: Trader sentiment is bullish, with a majority of traders expecting the pair to rise. 2. Sentiment Indicators: Sentiment indicators, such as sentiment indexes and put-call ratios, indicate a bullish outlook. 🔰Positioning 1. Long/Short Positions: Long positions are increasing, while short positions are decreasing. 2. Positioning Data: Positioning data indicates a bullish outlook. 🔰Next Trend Move 1. Bullish/Bearish Outlook: The outlook is bullish, with a potential target of 1.3000. 2. Trend Analysis: Trend analysis indicates a potential trend reversal. 🔰Overall Summary Outlook 1. Bullish Outlook: The overall outlook is bullish, with a potential target of 1.3000. 2. Volatility Expected: Volatility is expected to remain high in the short term. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
2