Pound Gains on Dollar Softening, GBP/USD at $1.30The pound extended gains to $1.30 for a third session, as the dollar softened following Trump’s 90-day tariff pause for most countries. However, the 145% hike on Chinese goods kept risks elevated. While volatility persists, traders now expect 66 bps of BoE rate cuts this year, down from 79 bps a day earlier. UK GDP is forecast to grow 0.1% in February, suggesting a slow recovery.
If GBP/USD breaks above 1.3050, resistance levels are at 1.3100 and 1.3200. Support is at 1.2960, followed by 1.2900 and 1.2850.
GBPUSD.1.MINI trade ideas
GBPUSD macro viewnotice the bullish flow sweeping swing lows and rallying higher. This has brought my attention to the equal highs on the monthly and also checking my indicator u can see the close back in the M range and higher pricing is suggested. we already retested the Wfvg where price reacted from and getting another push higher will suggest a break of that high.
As far as my model and strategy i do not trade on mondays so i will sit on my hands to see how the daily candle closes so we trade the expansion for the rest of the week. Mondays can be reversals setting up for tuesdays/wed high of the week or low... anyways the strategy here is trading the weekly/daily range. have an amazing week guys.
Short-term correction after overbought🔔🔔🔔 GBP/USD news:
➡️ GBP/USD is holding modest bids near the 1.3200 mark during early European trading on Tuesday. Recent UK data revealed that the unemployment rate remained steady at 4% for the three months to February, while average earnings came in weaker than expected, putting downside pressure on the British pound.
➡️ After gaining nearly 1% on Friday and closing the previous week up 1.5%, GBP/USD continued its upward momentum on Monday, trading above the 1.3150 level. Although the pair’s short-term technical outlook suggests overbought conditions, investors may be hesitant to anticipate a significant pullback due to widespread selling pressure on the U.S. dollars (USD).
TheU.S. Dollar Index, which measures the greenback’s performance against a basket of six major currencies, dropped 3% last week as escalating U.S.-China trade fears of a potential U.S. economic downturn.
Personal opinion:
➡️ The uptrend is still strong while the USD is being sold.
➡️ However, the overbought zone of RSI should also be taken seriously, this will be the reaction zone of the selling side.
➡️ Analysis based on important resistance - support zones and Fibonacci combined with RSI to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Sell GBP/USD 1.3265 - 1.3275
❌SL: 1.3310| ✅TP: 1.3210 - 1.3160
FM wishes you a successful trading day 💰💰💰
“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
Fundamental Market Analysis for April 14, 2025 GBPUSDThe initial market reaction to US President Donald Trump's decision last week to suspend sweeping reciprocal tariffs for 90 days was short-lived amid heightened fears of a US recession amid an escalating trade war between the US and China. China's 84 per cent tariffs on US goods went into effect on Thursday, and Trump raised duties on Chinese imports to an unprecedented 145 per cent. Given that the US still imports a number of hard-to-replace materials from China, these developments have weakened confidence in the US economy.
Meanwhile, data released last week showed that the US consumer price index (CPI) declined 0.1% in March, while core CPI rose +2.8% year-on-year, below consensus forecasts. In fact, markets are now pricing in the likelihood of a 90 basis point rate cut before the end of this year. Conversely, investors believe the likelihood of a Bank of England (BoE) interest rate cut next month is slightly less likely.
The aforementioned favourable fundamental backdrop supports a positive outlook for spot prices in the near term, although bulls seem reluctant to make aggressive bets and prefer to wait for important UK macro releases. Tuesday will see the release of the all-important monthly employment report, followed by the latest consumer inflation data on Wednesday. In addition, this week investors will be keeping an eye on the release of monthly US retail sales data and Fed Chairman Jerome Powell's speech, which will play a key role in influencing dollar price action. This, in turn, should give a significant impetus to the GBP/USD pair in the second half of the week.
Trading recommendation: BUY 1.3130, SL 1.3010, TP 1.3310
GBPUSD is in the Buying Direction after Testing SupportHello 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
UPDATE ON GBP/USD TRADEGBP/USD 15M - Wow, as you can see price is playing out really well for us, as it approaches the last high its important that we manage our trade accordingly, I have gone ahead and taken a partial.
I want to see price break the last high, once it does it will confirm that the low set where we have entered in on this market is seen as protected which as a result should mean our entry is safe.
This trade is currently running + 56 pips. (+ 2.4%) 2.4RR
A big well done to all involved, if you have any questions with regards to the trade or the analysis itself then please drop me a message or comment below and I will get back to you as soon as possible.
Ensure you are managing your running trades correctly, taking partials throughout the position and applying safety measures, a big well done to all of you!
GBP/USD BUY ENTRY @1.28580 H4 chart analysisEntry Point: Around 1.28580
Stop Loss (SL): Around 1.27183
Take Profit (TP): Approximately 1.31000 (based on the green target zone)
Support Zone: Between 1.27183 and 1.28580 (highlighted in red)
Resistance Zone: Around 1.31000
The setup shows a potential bullish move with a Risk/Reward Ratio of 2.71, indicating a favorable trade opportunity. Let me know if you'd like additional details or tips for presenting this to your client.
GBP/USD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
The BB upper band is nearby so GBP/USD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.287.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPUSD: So the highest high would break soon?So strong bullish that keeps everyone out of the trade except the big sharks :) 2 scenarios ready for entry, but I'm skeptical if the sharks would let me tag along...
by the way congrats to anyone catch that big bullish move. look at the volume and I'm so jealous :D
GU-Tue-15/04/25 TDA-Heavy pullback on GU before continuation?Analysis done directly on the chart
Unpopular facts:
Win rate doesn't matter, in the end it always
comes down to how much you win versus how
much you lose. You can have high win rate
with little profits and one big loss to ruin all.
Regardless of win rate, the better trader you are
the more you profits and the less you lose.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
Gbpusd support sell signal GBP/USD could face immediate resistance at 1.3200 (static level) ahead of 1.3270 (static level) and 1.3300 (round level). On the downside, first support could be spotted at 1.3150 (static level) before 1.3100 (round level, static level) and 1.3040 (static level).
GBP/USD rose three-quarters of one percent on Monday, climbing for a fifth straight trading session as the Pound Sterling continues to reclaim ground against the softening Greenback.
GBP/USD at a Crossroads: Imminent Breakout or Bull Trap?The weekly chart of GBP/USD shows a strong recovery following the late-April correction, which brought the price down to a key demand zone between 1.2550 and 1.2600. The bounce was sharp and decisive, but the pair is now facing resistance between 1.3000 and 1.3150 — a previously sold area marked by a visible supply block in red.
The current weekly candle reflects a bullish reaction, but the overall structure suggests a potential exhaustion zone for upward momentum. Price action reveals a series of lower highs in the short term, and while the RSI is bouncing, it remains far from overbought, hinting that this move may be just a technical rebound.
From a trading perspective, a confirmed weakness around the 1.3000–1.3150 zone could offer short opportunities with an initial target near 1.2700 and, if extended, down to 1.2550 — a key dynamic support area. On the flip side, a clean breakout above 1.3150 with strong volume and a weekly close would open the door for a new bullish leg toward 1.3300–1.3400.
Conclusion: GBP/USD is currently at a critical juncture. The next directional move will depend on how price reacts to this resistance zone: a confirmed rejection could trigger renewed selling pressure, while a confirmed breakout may reignite the bullish trend.