Nice opportunity for long trade on GBPUSDClassic technical analysis showing up trend and price almost touched the trend line
GBPUSD trade ideas
GBP/USD - Potential Bearish Reversal Setup
The price recently broke above a long-term trendline but showed signs of exhaustion near a key resistance zone. I expect a potential reversal from the current level, targeting the Fibonacci retracement zones at:
0.38 Fibo: Possible short-term bounce area
0.78 Fibo: Final target zone for the bearish move
The current structure suggests a fake breakout followed by a deeper correction. I’ll be watching for bearish confirmation patterns on the lower timeframes before entering.
GBPUSDI have been on the study for a couple of weeks , I believe the market is about to turn bearish for a long while,
Will it take time doing so?
could be , But remember what goes up must come down , so I've heard .
Now I just wait and see.
Pound Tops $1.357 on Solid DataGBP/USD advanced above $1.357, hitting its highest level since February 2022, as Trump’s delay of the 50% EU tariff boosted global sentiment. The pound also gained from promising April data, with retail sales rising 1.2%, marking the fourth monthly gain. Inflation stayed high at 3.5%, adding uncertainty over the BoE’s next move. Markets now price in a 50% chance of a rate cut by August, with another possible by year-end.
Support lies at 1.3425, with resistance at 1.3600. Other key levels are 1.3850 and 1.3750 above, and 1.3165 and 1.2890 below.
Idea for GBPUSD📉 GBP/USD SHORT SETUP
🟢 Entry: 1.36005
❌ Stop Loss: 1.36114 (↕️ 11 pips)
✅ Take Profit: 1.35697 (↕️ 30pips)
🎯 Risk-Reward Ratio: ~2.80R
🧠 Reason: Price rejected from supply zone, clean bearish structure, SL above last liquidity grab. Clean risk-defined short.
📈 GBP/USD LONG SETUP
🟢 Entry: 1.35011
❌ Stop Loss: 1.34904 (↕️ 11pips)
✅ Take Profit: 1.35417 (↕️ 40 pips)
🎯 Risk-Reward Ratio: ~3.8R
🧠 Reason: Demand zone bounce, stop hunt confirmed. Targeting previous imbalance above. Risky entry, aggressive sizing – use only if confident.
GBPUSD SHORTFollowing on from my idea I posted on May 14th.
GBPUSD Short aiming for the demand zone at 1.28000
We've had a break of structure to the downside on the 1H chart at 8:00am BST inside a clear 1D supply zone.
There is still the risk of EQL high liquidity that could send this trade past my stop loss but there is a big rejection candle on the 1H which broke the structure to the downside.
First demand zone to tackle would be the zone at 1.34400 but if this gets blown through there is a lot of open price action back down to 1.28
GU-Tue-27/05/25 TDA-Great pullback, good structure is forming!Analysis done directly on the chart
Follow for more, possible live trades update!
Consistency, show up daily is not easy. Many
in fact will quit. If you want to really get good
at something you need to put into hard work.
Short cuts will benefit short term, but long term
it will cost you!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBP/USD – Pullback Buy from Key Support Zone | Strong Trend Back📌 Fundamental Summary:
GBP (British Pound):
Slightly weakened – Bank of England is turning dovish, signaling potential rate cuts.
Retail Sales and GDP indicate slowing growth.
Inflation remains above target, but is gradually declining.
USD (US Dollar):
Strong fundamental backdrop – Fed maintains high interest rates, inflation is still elevated.
US labor market is solid (low unemployment, strong NFP numbers).
➡️ Overall: Strong USD, Weak GBP → Fundamentals support short-term bearish pressure on GBP/USD.
However, technical structure remains bullish → continuation is likely after a corrective pullback.
🧭 Technical Analysis – H1 Confluence:
✅ 1. Trend:
Clear uptrend (HH + HL) confirmed on all major timeframes.
✅ 2. Trendline Support:
Rising trendline structure supports the entire move.
✅ 3. Fibonacci Retracement:
38.2–50% retracement zone at 1.3440–1.3480 offers ideal entry.
✅ 4. EMAs:
Price is above all EMAs (20/50/100/200) – strong bullish signal.
✅ 5. Support/Resistance Levels:
Daily close from April 28th and H1 structure confirm this zone as valid support.
📈 Conclusion:
This setup combines a strong multi-timeframe uptrend with fundamental awareness of GBP's weakness. If the pullback confirms, the potential for a trend continuation is high.
⚠️ Disclaimer:
This content is not financial advice. It is for educational and analytical purposes only. Trading carries risk and can lead to capital loss. Please conduct your own analysis or consult a licensed professional.
Bullish movement The market is in bullish momentum observed from monthly to daily. A drawback(retest) is anticipated and a continuation to the upside expected.
Uptrend The price is expected to consolidate above the support level and then continue the uptrend. If the price breaks through the support level, a continuation of the downtrend is likely.
LETS SEND GBPUSD BACK TO EXILEbase on what Has occurred from these zone in the past, im expecting history to repeat itself again simply because these is MonthlyTF chart. FX:GBPUSD recent bullish movements will cease and we are going to call it a retest.
GBPUSD - Technical analysis 2HGood morning, traders, dear TradingView. It's Nika.
I want to share this trading idea, for a reason we have very important resistance level breakout!
I think the price of this pair will continue growing and will reach level 1.37097!
So some of you can just open long now, or wait and enter after a little correction.
Thank you.
Have a profitable day.
GBP-USDThe pound to dollar has also broken the trend line on the RSI and we can look for sales with confirmation on the chart.
Fundamental Market Analysis for May 26, 2025 GBPUSDGBPUSD:
The GBP/USD pair is building on last week's strong upward movement and gaining positive momentum during Monday's Asian session. This momentum is lifting spot prices above the 1.3550 level, to the highest level since February 2022, and is supported by a combination of factors.
The British Pound (GBP) continues to show relative outperformance on the back of Friday's favourable UK retail sales data, which showed that consumer spending remains a bright spot despite the gloomy economic outlook. This, along with higher-than-expected inflation in April, fuelled speculation that the Bank of England (BoE) will take a pause at its next meeting on 18 June and will not be in a rush to reduce borrowing costs further.
The US Dollar (USD), on the other hand, continues to struggle to attract meaningful buyers amid concerns that the tax and spending bill will increase the US budget deficit at a faster pace than previously expected. Furthermore, growing confidence that the Federal Reserve (Fed) will further cut interest rates in 2025 has driven the Dollar to near one-month lows and is fuelling positive movement in GBP/USD.
This week, investors will face the release of important US macroeconomic data, with the release of Durable Goods Orders data on Tuesday and preliminary GDP data on Thursday. These data, as well as the FOMC meeting minutes on Wednesday and the Personal Consumption Expenditure (PCE) price index on Friday, may provide insight into the prospects of a Fed rate cut, which will have an impact on the USD and GBP/USD.
Trading recommendation: BUY 1.3590, SL 1.3570, TP 1.3690
Market next target
Original Analysis Summary:
Identifies a bullish breakout above a support zone.
Expects continuation upward to a target zone after minor pullback.
Assumes support holds and bullish trend continues.
---
Disruptive Bearish Interpretation:
1. Fakeout Risk (Bull Trap):
Price broke above the support area, but this could be a false breakout designed to lure in long positions before a reversal.
2. Trendline Retest Failure:
The price is testing a trendline or resistance zone. Failure to break above this area could indicate rejection and reversal.
3. Bearish Divergence:
If momentum indicators (e.g., RSI or MACD, not shown here but inferred) show divergence, it may warn of weakening bullish strength despite price rising.
4. Candlestick Exhaustion:
Recent candles show upper wicks and slowing momentum — a common sign of potential exhaustion.
GBP/USD Daily Chart – Explosive Move Building in Wave 3?The GBP/USD daily chart is setting up for what could be one of the most powerful bullish phases in an Elliott Wave sequence: a third wave.
🔥 What This Means:
Elliott Wave theory identifies the 3rd wave as the strongest and fastest part of a trend.
Price action suggests that GBP/USD is just starting this move, which means we could see sharp momentum to the upside in the coming days and weeks.
🎯 Key Target:
The first key level to watch is around 1.5315, which is the 1.618 Fibonacci projection of Wave 1.
This is a common and high-probability target for a Wave 3 rally.
🧠 For Beginners:
In Elliott Wave theory, markets often move in impulses of 5 waves. The 3rd wave is typically the strongest. When that third wave itself breaks down into another 5-wave structure, the middle wave of that sequence (the "3 of 3") tends to produce the most aggressive movement.
📌 Summary:
GBP/USD appears to be starting the 3rd wave, a powerful bullish signal.
Near-term resistance to watch is at 1.4200, with potential for further upside if momentum continues.
This could be the early stages of a high-probability swing trade setup. Keep an eye on the smaller timeframes for intraday confirmation!
WXYXZ complete new structure beginning!!!!
hey people looking at this a little differently from my last post after i zoomed out. this could turn into anything but the structure wxyxz has now been completed and a new one is forming. THis could either be a larger timeframe correction or a potential reversal
"GBPUSD Ready for the Kill After Premium Zone Reaction!"⚡ GBPUSD Analysis - 1H Timeframe | April 28, 2025
📈 What's Happening:
GBPUSD just tapped deep into the Premium Zone while simultaneously reacting off a clean Fair Value Gap (FVG).
Signs of bearish rejection are stacking up — Smart Money might be preparing for the kill shot! 🎯
🚨 Key Levels Highlighted:
Strong High = Major invalidation (~1.34317).
Premium Zone = Where sellers ideally step in.
Fair Value Gap (FVG) = Where price imbalance triggered a reaction.
Weak Low = Major liquidity target (~1.32036).
🧠 Key Observations:
Price filled the FVG and immediately showed a reaction = sign of Smart Money stepping in.
Strong High untouched = still valid for bearish play.
Weak Low + Sell Side Liquidity = magnets below.
🎯 2-SCENARIO PLAN:
Plan A — Short Setup (Primary Bias):
✅ Look for bearish confirmation via M15 or M5 structure shift.
✅ Ideal entry around Premium/FVG zone.
✅ TP1 = Minor structure lows around 1.33000. TP2 = Full Weak Low sweep (~1.32036).
✅ SL = Above Strong High (~1.34317).
Plan B — Invalidated if:
✅ Strong High is broken impulsively = setup failed. No chasing!
📊 Risk Management Tip:
"Fair Value Gap reactions inside Premium = sniper-level setups. Focus on confirmations, not assumptions."
🧘♂️ Summary:
✅ Premium Tap ✅ FVG Fill ✅ Bearish Reaction ✅ Weak Low Target
Patience = Power.
This could be the sniper setup you've been waiting for! 🔥
➡️ Save this playbook.
➡️ Comment "SNIPE THE GAP" if you're setting the trap! 🎯
GbpusdWe are clearly above the support level but our yellow bar is the 61% fib level that may bring pullback before we move to resistance level.
GBPUSD - Longs - Fundamental Analysis My trade idea for GBPUSD:
DXY (USD) News:
On 2nd April 2025, US president Donald Trump announced tariffs of 10% on most imports and up to 145% on Chinese goods. This has led to significant market volatility. Investors are increasingly concerned about the U.S.'s economic direction, prompting a shift away from dollar-denominated assets. This sentiment has been exacerbated by fears of a potential recession, as highlighted by JPMorgan Chase's forecast.
Major foreign investors, including those from China and Japan, are reportedly reducing their holdings in U.S. Treasury bonds. This retreat diminishes demand for the dollar, contributing to its depreciation.
Conclusion: We can expect a further decline in DXY price. Possible opportunity to long XXX/USD pairs.
BXY (GBP) News:
The UK economy grew by a faster-than-expected 0.5% in February, official figures showed.
Conclusion: With US placing tariffs globally, we can expect USD weakness over the next 2-3 weeks. GBP holds its ground with strong economic figures from Q1.
My trade position:
Between 14 - 18 Apr, I will be monitoring price action. Looking to buy below 1.32 with the first target being 1.35. 1.29 offers strong support.
GBPUSD Wave Analysis – 23 May 2025
- GBPUSD broke multi-month resistance level 1.3430
- Likely to rise to resistance level 1.3600
GBPUSD currency pair recently broke above the key multi-month resistance level 1.3430, which stopped the previous sharp daily uptrends in September and April.
The breakout of the resistance level 1.3430 should accelerate the active impulse wave 5 from the start of May.
Given the clear daily uptrend and strongly bearish US dollar sentiment seen today, GBPUSD currency pair can be expected to rise to the next resistance level 1.3600 (the target for the completion of the active impulse wave 5).
GBP/USD Firms as UK Data Performs WellGBP/USD edged up by 0.25% in Friday’s Asian session, nearing 1.3450, after upbeat UK retail sales and consumer confidence data lifted sentiment. The GfK index rose to -20 in May, beating forecasts, while April retail sales surprised to the upside.
However, PMI data showed divergence as manufacturing fell to 45.1 (vs. 46.0 expected), while services ticked up to 50.2 from 49.0.
The pound also benefited from a weaker U.S. dollar as Treasury yields retreated from 19-month highs. Trump’s budget bill, which includes tax breaks on tips and U.S.-made car loans, passed narrowly and is projected to add $3.8 billion to the deficit.
Resistance is at 1.3470, followed by 1.3550 and 1.3700. Key support lies at 1.3250, then 1.3150 and 1.3000.
