Could the Cable rise from here?The price is reacting off the support level and could rise from this level to our take profit.
Entry: 1.3251
Why we like it:
There is a pullback support.
Stop loss: 1.3137
Why we like it:
There is a multi swing low support.
Take profit: 1.3379
Why we like it:
There is an overlap resistance that is slightly above the 50% Fibonacci retracement.
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GBPUSD trade ideas
GBPUSD is in the Selling Direction after Testing ResistanceHello 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
GBPUSD – DAILY FORECAST Q3 | W31 | D1 | Y25📊 GBPUSD – DAILY FORECAST
Q3 | W31 | D1 | Y25
Daily Forecast 🔍📅
Here’s a short diagnosis of the current chart setup 🧠📈
Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭.
It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias.
This keeps us disciplined and aligned with what price action is truly telling us.
📈 Risk Management Protocols
🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2
🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.
🧠 Weekly FRGNT Insight
"Trade what the market gives, not what your ego wants."
Stay mechanical. Stay focused. Let the probabilities work.
FX:GBPUSD
GBPUSD Big Bullish Move incoming.GGBPUSD as trending to the upside quite a few months, breaking above 1.3450 leaving behind a Trapped zone for the sellers which is weekly Flip level which happened right before the breaking up and also the market created a liquidity Zone which is intended to further Trap the the seller, and it is acting as a Double Bottom area, i hope sellers will be trapped the next week and righ after that we look for our bullish positions.
GBPUSD : NEW WEEK TECHNICAL BIAS (MARKET OPEN)CONTEXT
(Strictly Technical Outlook – No Fundamental Overlays)
▪︎ Higher Timeframe (HTF) Price Action from the previous week signals a potential pullback or reversal, as last month closed with a strong bearish momentum candle.
▪︎ However, the broader bullish structure remains intact — current Descend Sequence is interpreted as a corrective leg into discounted territory.
▪︎ I anticipate price to trade lower into the Monthly Price Inefficiency Zone (M-PIZ) and further toward the discount zone of the prevailing price leg.
▪︎ A rally toward the 1.33502 – 1.34014 region would offer a high-probability zone for short setups. A sweep or reclaim of 1.31739 may precede this rally.
▪︎ The premium OCZ appears unlikely to be reached — unless employed as a Trap.
▪︎ Downside targets include:
i. Monthly PIZ
ii. 1.29442 and potentially levels below
Invalidation:
Bearish setup will be invalidated if price trades above 1.36942 with microstructure confirming an Ascend Sequence continuation.
Note: Bias is developed strictly from chart structure using IntelEdge Technical Protocol – no fundamental overlays included.
📌 Disclaimer: is a strategic directional bias, not financial advice. Execute only with confirmation and proper risk management.
GBPUSD The Week Ahead Key Support and Resistance Levels
Resistance Level 1: 1.3370
Resistance Level 2: 1.3430
Resistance Level 3: 1.3480
Support Level 1: 1.3180
Support Level 2: 1.3140
Support Level 3: 1.3110
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GBPUSD – Daily Timeframe Analysis: Head & Shoulders PatternThe GBPUSD daily chart is currently presenting a textbook Head & Shoulders reversal pattern, a powerful bearish signal that often marks the end of an uptrend and the beginning of a new downward cycle. This setup demands attention from swing and positional traders alike, especially considering the size and clarity of the structure.
🔍 Pattern Breakdown
Left Shoulder: Formed in late May, establishing a significant high before a corrective move.
Head: A higher peak was made in early June, which now stands as the pattern's highest point.
Right Shoulder: A lower high formed in mid-July, indicating weakening bullish momentum.
Neckline: The crucial horizontal support zone around 1.3330–1.3340 was tested multiple times and has now been decisively broken, triggering a confirmed bearish setup.
📊 Technical Significance
This Head & Shoulders pattern becomes especially meaningful due to:
Multiple rejections at the neckline, confirming its strength as support-turned-resistance.
Bearish volume expansion on the breakdown, adding weight to the selling pressure.
Formation on a daily timeframe, suggesting a long-term trend reversal rather than a short-term pullback.
📌 Trading Strategy for Traders
✅ Sell Setup (Short Position)
Entry: Around the neckline zone on retest (1.3320–1.3340)
Stop Loss: Above the right shoulder (~1.3550)
Targets:
🎯 Target 1: 1.3100 (psychological and horizontal support)
🎯 Target 2: 1.2900 (measured move from head to neckline)
🎯 Target 3: 1.2650–1.2600 (extended downside zone based on structure)
⚠️ Risk Management Tips:
Don’t chase the breakdown — wait for a pullback/retest of the neckline to get a better risk/reward entry.
Ensure position sizing is appropriate based on the stop loss distance.
If price reclaims the neckline with strong bullish momentum and closes above 1.3350, exit short and reevaluate.
🧠 What Traders Should Keep in Mind
Macro Fundamentals: Watch upcoming economic events like BoE rate decisions, US NFP, and inflation data, which can cause volatility and impact the technical scenario.
Dollar Index (DXY) trend should also be monitored closely. If DXY rallies, GBPUSD breakdown can accelerate.
Trendline Confirmation: Align this with any break of rising trendlines drawn from previous lows.
📌 Final Thought
This pattern marks a crucial turning point in GBPUSD. The momentum has clearly shifted from buyers to sellers, and the breakdown opens up significant downside room. As a swing or position trader, this is a high-probability setup with a clear invalidation point (above the right shoulder) and a favorable risk-reward ratio.
📉 Patience and precision are key here. Let price come to you at the neckline, confirm rejection, and then take the trade with confidence.
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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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GBP weakness + USD gaining bullish momentumFX:GBPUSD 🧠 What’s Driving GBP Weakness?
❄️ Cooling Inflation: Slows BoE policy tightening
🔻 Contracting Manufacturing: PMI deep in the red
🛍️ Falling Retail Sales: UK consumers are pulling back
💼 Labor Market Cracking: Recent jobs data may be peak
💣 BoE Dovish Pivot Incoming: Markets are anticipating future cuts in 2025
🇺🇸 USD Strength: Fed holding steady, US macro much stronger than UK
🧭 Extra Confluence: USD Strength
USD is being supported by:
Strong US labor market 🟢
Higher for longer Fed 🟢
Global risk-off sentiment 🟢
Positive divergence in US CPI and Retail Sales 🟢
📌 GBPUSD is not just a GBP short — it’s a USD long play too.
🧩 Historical Price Action Pattern
In 2023 Q3, GBP/USD dropped nearly 700 pips in 6 weeks during similar macro shifts — soft BoE + strong USD.
We may be setting up for a repeat pattern now.
🗣️ What’s Your Take?
Are you looking to short GBP/USD this month?
Where’s your target or trigger zone?
Let’s compare setups ⤵️
I’m sharing more breakdowns weekly — follow for macro + technical convergence trades.
GBPUSD: Selling the Retest | Clean Break, Wait for Confirmation🔻 GBPUSD | Sell the Retest of Broken Support
Timeframe: 1H
Bias: Bearish
Type: Break and Retest
📊 Technical Setup
GBPUSD has broken a key 4H support zone (~1.3460–1.3494) which now acts as a turncoat resistance. Price is currently pulling back, offering a prime opportunity to sell the retest.
• Entry: 1.3460–1.3490 (after confirmation of rejection)
• SL: Above 1.3508
• TP: 1.3398
• RR: ~1:2
• RSI: Bearish momentum, RSI < 50 with mild recovery—ideal for a fade trade
📉 Macro & Fundamental Confluence
• GBP: Despite hawkish BOE tone, GBP is showing technical weakness and soft CFTC positioning
• USD: Strong macro bias with rising conditional score and delayed Fed cuts (still supporting USD strength)
• Seasonal Bias: GBPUSD marked bearish in seasonal chart
• COT Data: GBP positioning turning bearish after previous net build-up
🧭 Gameplan
“Wait for the retest of broken support-turned-resistance to reject before entering short. Stick to the zone.”
🔔 Set alerts around 1.3460–1.3490 and monitor for bearish engulfing or pinbar confirmation.
GBPUSD: Strong Trend-Following Pattern 🇬🇧🇺🇸
GBPUSD is going to drop lower.
The market has completed a correctional movement within
a bearish flag.
Its support violation provides a strong bearish confirmation.
I expect a drop to 1.3202 level.
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Bull Trap Confirmed: GBPUSD's 8% Rally Faces ExhaustionLets Face it we had a great 6 months already clocking 60%+ Returns already.
And after sitting ducks for almost 2 months now we finally have a trade.
- Its a very self explanatory chart
- Trading at resistance
- Head & Shoulder pattern
And the best part the right shoulder is still yet to be formed! My favourite type of entry.
1.It gives a better risk reward ratio (1:7 expected)
2.Better Entry (No long red candles)
3. And even if the pattern fails it we may still reach the neck line which is target 1.
Entry Criteria
- A Red candle at the entry Line Marked
- Stoploss Above the Entry Candle
Target 1- 1.3361
Target 2- 1.3252
Target 3- 1.3169
Keep Your Risk Reward Intact! Not An investment Advice
GBPUSD FORMS HEAD & SHOULDER PATTERN IN 1D TIME FRAME CHARTGBP/USD Forms Head and Shoulders Pattern - Bearish Breakdown Expected
The GBP/USD currency pair has developed a clear Head and Shoulders (H&S) reversal pattern on the 1-DAY chart, signaling potential weakness ahead. This technical formation - characterized by a central peak (head) flanked by two lower highs (shoulders) - suggests the recent uptrend may be exhausting as sellers gain control.
Current Market Structure
Price action remains confined within a bearish framework, making consistent lower highs and lower lows since failing at the pattern's right shoulder. The pair now tests critical support near the neckline of the H&S formation. A confirmed break below this level would validate the pattern and likely accelerate downward momentum.
Key Levels to Watch
- *Downside Target*: 1.27300 emerges as the next major support if bearish momentum sustains
- Resistance Zone: The 1.37900 level now acts as formidable overhead resistance
- Neckline Break: A daily close below current support would confirm the H&S pattern
Trading Implications
The technical setup favors:
1) Maintaining short positions while price holds below the right shoulder high
2) Watching for increased volume on breakdown moves to confirm bearish conviction
3) Considering long positions only if buyers reclaim 1.37900 resistance
Risk Factors
Traders should monitor:
- UK inflation data and BoE policy signals
- Fed interest rate expectations
- General USD strength across currency markets
This pattern projects approximately 900 pips of potential downside if fully realized. However, traders should wait for confirmed breakout momentum rather than anticipating the move, as false breakdowns remain possible in current market conditions. Proper position sizing and stop-loss placement above recent swing highs remains essential for risk management.
Note: Forex trading involves substantial risk. Always conduct your own analysis before entering positions.
GBPUSD Is Going Up! Buy!
Take a look at our analysis for GBPUSD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.319.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.345 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
Bullish reversal off overlap support?The Cable (GBP/USD) is falling towards the pivot and could bounce to the 1st resistance, which is a pullback resistance that is slightly below the 38.2% Fibonacci retracement.
Pivot: 1.3159
1st Support: 1.3049
1st Resistance: 1.3321
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GBP/USD Professional Analysis – “Trap Trigger at Support”GBP/USD Professional Analysis – “Trap Trigger at Support”
📈 Market Overview:
• Pair: GBP/USD
• Timeframe: Likely 1H or 2H based on candle spacing
• Date: July 28, 2025
• Current Price: 1.33529
⸻
🔍 Technical Breakdown
🔴 Resistance Zone: 1.35800 – 1.36200
• Strong supply area where the last bullish impulse failed.
• Price got rejected hard, initiating a new downtrend.
• Sell-side pressure was confirmed with Supertrend turning red.
🟤 Support Zone: 1.32860 – 1.33400
• Major demand area where price previously reversed sharply.
• Currently being tested again after a clean sweep into the Trap Trigger zone.
⚠ Trap Trigger Zone (Liquidity Sweep Area):
• Price wicked just below support, tapping into a low-volume/high-liquidity area.
• This wick likely cleared sell-side liquidity and trapped breakout sellers.
• Followed by a bullish rejection wick, implying smart money accumulation.
⸻
🛠 Indicators & Tools:
• Supertrend (10,3): Currently red, indicating short-term bearish momentum.
• However, if price closes above 1.34032 (Supertrend level), it could flip bullish.
• Volume Profile (VRVP):
• Low-volume node under support suggests a quick “stop hunt” move, not genuine selling.
• High-volume acceptance area sits higher, near 1.34500–1.35000.
⸻
🎯 Forecast:
🔴 Bearish Invalidations:
• Price closing below 1.32860 with volume would invalidate this setup.
• That could signal continuation to deeper liquidity (1.32500 or below).
⸻
🧠 Smart Money Perspective:
• Liquidity engineered beneath support
• Trap Trigger activated — ideal for institutional reversal setups
• This is a classic “Stop Hunt → Reclaim → Expand” model
GBP/USD Under Pressure as Dollar Strength Builds and Technicals GBP/USD continues to weaken under the weight of renewed dollar strength. The pair has traded below its 50-day moving average for an extended period, and technical signals are aligning for further downside.
Last week’s bearish pinbar on the weekly chart highlighted rejection near key resistance, and now a potential bearish close on the monthly chart—marked by a large shadow candle—could reinforce the negative bias. If confirmed, this would suggest sustained pressure into August and beyond.
The U.S. dollar is gaining traction on the back of resilient economic data, stable inflation expectations, and rising Treasury yields. No changes are expected from the Federal Reserve in the near term, which removes uncertainty and supports the dollar through steady policy.
Meanwhile, the UK outlook remains fragile. Political uncertainty, weak economic momentum, and unclear forward guidance from the Bank of England are weighing on the Pound. Wage growth is slowing, inflation is cooling, and real yields remain under pressure.
If GBP/USD breaks below the recent support near 1.3205, it could open the door to deeper losses. As long as dollar strength persists and UK fundamentals remain soft, the pair may remain under bearish control. Watch for a confirmed monthly close to validate the setup.