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British Pound vs US Dollar

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GBPUSD.P trade ideas

Strelnig - Opportunities for Buy?#trading_idea☄️ #GBPUSD 💸Sterling - Big Fall - Watch Opportunities Sterling fell 👎 sharply by 0.75% on Thursday to $1.3169 after Bank of England Governor Andrew Bailey signaled the possibility of more aggressive rate cuts. This pushed traders to bet on another BoE rate cut before the end of the year. As a result, euro/sterling rose by 0.7%, now at 83.83 pence per euro. These market moves offer a great opportunity—remember the strategy 🤫 : sell on rumors, buy on facts—especially as tensions in the Middle East keep the dollar supported. Stay tuned for more updates! On the 4-hour chart, pair is testing 1.3126 support The Bulls&Bears and Parabolic SAR both points to bearish sentiment. At the same time MACD is deep in oversold zone. 🔽A breakout down 1.3126 could lead to a slide towards the 1.31 area. 🔼While failure to break this level might cause a rebound to resistance at 1.3152 and higher. Are you bear or bull on GBP? 😎 Hit "👎" if you believe the price will rise and "👍" if you think it will slide. ➡️GET $20,000 JUST FOR $99
Long
by sabiotrade
GBP/USD Faces Downside as Supply Zone Signals Possible ReversalThe GBP/USD pair is trading with a mild negative bias near 1.3370 during Tuesday's London session, as the British Pound (GBP) struggles to gain momentum. Comments from Bank of England (BoE) policymaker Jonathan Greene have raised concerns about potential price pressures, with Greene noting that strong UK consumer spending could further fuel inflation. This has kept the pair under pressure, especially after encountering a key supply area last week, where the price now seems poised for a possible reversal. At the same time, less dovish remarks from Federal Reserve (Fed) Chair Jerome Powell have provided support for the US Dollar (USD), dragging the GBP/USD pair lower. Powell’s comments, hinting at a more cautious approach to rate cuts, have boosted the Greenback, creating headwinds for the Pound. Investors are now bracing for the release of the US September ISM Manufacturing Purchasing Managers Index (PMI) data later today, as well as speeches from Fed officials Raphael Bostic and Lisa Cook. These events are likely to provide further insights into the Fed’s future policy direction and could impact the pair's next move. From a sentiment perspective, the Commitment of Traders (COT) report reveals that retail traders remain extremely bullish on the GBP/USD pair, while larger institutional players are adopting a more cautious stance. This divergence in sentiment could signal a potential shift, with smart money seemingly positioning for a reversal rather than continuing the bullish trend. Technically, the pair is struggling to break past the supply zone identified last week, indicating a possible downward correction. If the GBP/USD fails to hold above 1.3370, the pair could see further losses, especially if the upcoming US data supports the Greenback. In conclusion, GBP/USD faces downside risks in the near term as investors weigh the impact of potential price pressures in the UK and a strengthening US Dollar. With key economic data and Fed speeches on the horizon, the market is preparing for possible volatility. Retail traders remain bullish, but caution from institutional players suggests a reversal could be on the horizon. Traders should closely monitor the supply area for signs of a sustained bearish move. ✅ Please share your thoughts about GBP/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Short
by FOREXN1
1
GBP/USD Pulls Back as USD Strengthens Ahead of Core PCE DataThe GBP/USD pair edged lower during the Asian session on Friday, retreating from the highest levels it had reached since March 2022, around the 1.3435 region, which was touched the previous day. The decline was largely driven by a technical reversal after the pair tested a key daily supply-demand zone. This move coincides with data from the latest **Commitment of Traders (COT) report**, which shows that retail traders remain strongly bullish on the GBP. Despite the bullish positioning from retailers, the pair saw a pullback as the market anticipates important economic data out of the United States, including the **Core PCE Price Index** for the month of November. A positive reading from this inflation gauge could add further support to the US Dollar (USD) and push the GBP/USD pair lower. The USD is expected to strengthen if the data signals persistent inflationary pressures, which could keep the Federal Reserve cautious about loosening monetary policy too quickly. However, expectations regarding the Bank of England (BoE) are playing a counterbalancing role. The BoE is widely seen as taking a more gradual approach to cutting rates compared to the US Federal Reserve, which could help support the British Pound (GBP) in the medium term and limit losses for the GBP/USD pair. Still, with immediate market momentum and potential upside for the USD, the pair remains under pressure in the short term. In light of these developments, we are maintaining a **short position** on GBP/USD, as the combination of technical resistance and USD strength points to further downside in the near future. While GBP sentiment remains supported by BoE policy expectations, today's price action suggests that USD demand is likely to drive the pair lower, especially with key data releases on the horizon. ✅ Please share your thoughts about GBP/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Short
by FOREXN1
1
GBP/USD "CABLE" Bank Money Heist Plan on Bearish SideHallo My Dear Robbers / Money Makers & Losers, 🤑💰 This is our master plan to Heist GBP/USD "CABLE" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High Stop Loss 🛑: Recent Swing High using 2h timeframe Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂b
Short
by Thief_Trader
Cable H4 | Potential bearish breakoutCable (GBP/USD) is falling towards a potential breakout level and could drop lower from here. Sell entry is at 1.3157 which is a potential breakout level. Stop loss is at 1.3250 which is a level that sits above an overlap resistance. Take profit is at 1.3036 which is a swing-low support. 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. 62% 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. 59% 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
GBPUSD | Perspective for the new week | Follow-upThe GBP/USD hit its highest level against the US dollar in over two and a half years, and traders are closely watching for what's next. In this video, we break down the fundamental and technical factors driving the pair’s performance. With the Bank of England expected to move more slowly than the Federal Reserve on rate cuts, the pound is gaining an edge, though momentum has stalled at the $1.34350 resistance zone. Meanwhile, US inflation data shows signs of slowing, but this hasn't solidified expectations for a big rate cut from the Fed in November. In this video, I walk you through the key technical structure that could guide trading decisions for the week ahead. GBPUSD Technical Analysis: Will buyers maintain momentum above $1.33700 next week? Watch this video for key trades this week. Join the discussion for updates on GBP/USD trading. Stay tuned for more content. Happy trading! Disclaimer Notice: Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
by darcsherry
GBPUSD: Bearish Trend Dominates!Hello everyone, GBP/USD turned bearish on Tuesday, falling nearly 1% in European trading on Wednesday. The pair faced fresh supply after BoE Governor Andrew Bailey said the central bank could become “more proactive” in cutting interest rates if inflation eases. Risk-off sentiment due to Middle East concerns also weighed on the pair, while technical indicators still do not signal a solid recovery. With that in mind, this could be a prime Shorting opportunity, targeting the nearest support levels of 1.313 and 1.300.
Short
by ConanTradingFX
1
GbpUsd breaks important confluence supportIn my analysis last week, I mentioned that for GBP/USD to maintain its upward momentum, bulls would need to push the price above the key resistance level at 1.3420. However, they were unable to clear that level, and the pair has since experienced a decline. Interestingly, as I was writing this update, a significant break occurred below a confluence of support levels, which has now turned the outlook bearish. As things stand, the market sentiment appears to favor further downside for GBP/USD. As long as the 1.33 level holds, the likelihood of more losses remains high, with 1.30 potentially becoming a target for the bears. Given this bearish setup, my current strategy is to sell into rallies, anticipating further downward movement in the pair. In summary, the failure to break through resistance and the subsequent breach of key support levels suggest that GBP/USD is poised for further declines unless the market shows signs of recovery above the 1.33 level.
Short
by Mihai_Iacob
2
Overlap support ahead for the Cable?The price is falling towards the pivot and could reverse to the 50% Fibonacci resistance. Pivot: 1.3721 1st Support: 1.3148 1st Resistance: 1.3320 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
GBPUSD: Cycle peaked. Expect brutal bearish reversal.GBPUSD is neutral on its 1D technical outlook (RSI = 54.143, MACD = 0.08, ADX = 33.338) but still bullish on 1W (RSI = 64.701). After rising nonstop since April and basically not having a long term correction since October 2023, we expect this bullish cycle of GBPUSD to be coming to an end. The Sine Waves structure is further proof of that, as it is past its top where in June 2021 and April 2018 it peaked. We turn long term bearish on this pair, aiming for the S1 level (TP = 1.2100). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope