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GBPUSD trade ideas

How to Trade Liquidity Sweeps Using PDH/PDL Levels (Smart Money This guide shows how to use the **Liquidity Sweep Detector – PDH/PDL Levels** script, now live on my profile. **What It Does:** - Accurately plots the previous day's high and low on intraday charts (15m, 1H) - Detects when price *sweeps* above or below those levels (potential liquidity grabs) - Visually marks sweeps with a dashed line and alerts you in real time - Optional table to show current sweep status (can be toggled off) **How I Use It:** - Wait for a sweep above PDH or below PDL - Look for rejection candles or structure shift afterward (e.g., CHoCH or BOS) - Combine with session timing (e.g., London/NY) for confluence **Pro Tip:** Set alerts to catch sweeps even when you're away from the screen. Just click "Add Alert" and use: - `PDH Sweep Triggered` - `PDL Sweep Triggered` This is part of how I approach Smart Money trading — combining market structure with real liquidity events. Script is open and free to use — find it on my profile: **Liquidity Sweep Detector – PDH/PDL Levels**
Education
by backtestbay
Short-Term Outlook for GBPUSD Turns BearishGBPUSD formed and then broke an ascending wedge formation. The dollar appears to be gaining modest ground against key currencies globally. Hessent noted that tariff-related news is expected by the end of today. If the incoming update involves a trade deal with a major partner like Japan, it could further support the bearish technical outlook. If the retest of the 200-hour SMA and the broken wedge’s lower boundary fails, GBPUSD may extend its losses toward the 1.3230 level later this week.
Short
by ftdsystem
GBPUSD INTRADAY sideways consolidaionGBP/USD maintains a bullish bias, with the broader trend and structure supporting upside continuation. The recent intraday move appears to be an overbought corrective pullback toward a key prior consolidation area. Key Support: 1.3210 – aligns with the previous consolidation zone and potential bullish inflection point. Upside Targets: 1.3435 – initial resistance level 1.3500 and 1.3580 – medium to long-term bullish targets If price finds support at 1.3210 and forms a bullish reversal, it would confirm the continuation of the uptrend toward the mentioned resistance levels. However, a break and daily close below 1.3210 would invalidate the bullish scenario, suggesting deeper retracement toward 1.3120, with further support at 1.3015 and 1.2980. Conclusion GBP/USD remains bullish above 1.3210. Look for a bounce from this level to confirm upside continuation. A daily close below 1.3210 would turn the outlook bearish, exposing lower support levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
GBPUSD... Chat pattern 4HYou're suggesting a *GBP/USD short (sell) trade* at *1.3305, targeting **1.30951*. Here’s a quick trade outline and some thoughts: ### *Trade Idea* - *Entry (Sell):* 1.3305 - *Take Profit (TP):* 1.30951 - *Potential Gain:* ~209 pips ### *Key Considerations* 1. *Trend Direction:* Check if the pair is in a downtrend (lower highs/lows on H4/D1). 2. *Resistance Area:* Is 1.3305 a recent resistance or part of a reversal pattern? 3. *Fundamentals:* Any upcoming UK or US news (e.g., interest rate decisions, NFP)? 4. *Risk Management:* Use a stop-loss—possibly above recent highs (e.g., 1.3350 or higher), depending on your risk tolerance.
Short
by Money_Magnet5
GBPUSD Dual Set-Up LondonMarket Setup & Key Levels SSL Liquidity Sweep: The recent liquidity sweep occurred at 1.32790—this move cleared downside stops and set the stage for a reversal. - Bullish Breaker Block: The breaker is identified at 1.32845. This area now acts as a support/entry zone where institutional buyers have stepped in. -15-min SIBI Target/ 1hr order block : A key imbalance (SIBI) was left during the Asian session on the 15‑minute chart which coincides with a 1hr OB. This zone represents where liquidity might be harvested. - Alternate Idea : If price surges to this SIBI target without offering a pullback, it could signal an overextended move—potentially setting up a short trade opportunity. --- Primary Trade: Long on the Breaker Retest 1. Entry : - Buy on Retest:Plan to enter long when price retests the bullish breaker zone at 1.32845 and shows clear rejection signals. - Confirmation :Look for lower timeframe (5‑min or even 1‑min) reversal candlestick patterns (such as a pin bar or engulfing pattern) confirming that the breaker is holding as support or ifvg and break of structure. 2. Stop-Loss : - Place your stop-loss just below the breaker zone. For instance, around 1.32750 (or a level that protects you from further downside beyond the liquidity sweep) 3. Profit Target: - Use the 15‑minute SIBI zone as your primary profit target. - Alternatively, trail your stops if the market shows strong momentum upward. --- Alternate Trade : Short if Price Reaches the SIBI Without a Pullback** 1. Scenario : - If price drives directly toward the 15‑minute SIBI target without offering a clear pullback or reversal near the breaker, the move may become overextended. 2. Entry for Short Trade : - Look for signs of exhaustion or a reversal as price touches the SIBI zone. - Enter short when you see confirmation of a rejection (for example, a bearish candle pattern or a failure to hold momentum). 3. Stop-Loss : - Set your stop just above the SIBI zone to limit risk if the rejection fails. 4.Profit Target: - Target zones near the breaker or further liquidity levels that might be revisited during the subsequent retracement.
by Hos_Waruts
1
(GBP/USD) Setup based on **Price action and Key Zones** 🧠 Key Observations: 1. **Support Zone (Bottom Highlighted Box)** - The lower purple box labeled "Support" represents a price area where the market has bounced from before. - Price is currently approaching this area again, suggesting it may act as a **floor** where buying interest could return. 2. **Reaction Zone (Top Highlighted Box - Labeled R.S)** - The upper purple box shows a past **reaction area**, where price previously reversed. - This was a strong sell zone that pushed price downward, indicating supply or heavy selling. 3. **Current Market Behavior** - Price has moved down from the upper reaction area and is now nearing the support zone. - This sets up a potential **buying opportunity** if the support zone holds again. 4. **Risk-Reward Setup (Green & Red Boxes)** - The green shaded area represents your **target zone**—the potential profit. - The red shaded area shows your **risk zone**—how much you’re willing to allow price to move against you before exiting. - This setup shows a **favorable risk-to-reward ratio**, meaning the potential gain is larger than the potential loss. --- ### 💡 Simple Ideas for Viewers: - **Watch the support zone** closely. If price shows strength here (like forming a higher low or strong green candles), it might be a good place for a bounce. - **Use confirmation**, like a bullish candle or increased volume, before entering any new trade. - **Plan your exit**: Define your stop (risk) and target (reward) in advance, just like shown in the shaded boxes.
Long
by fsanalysis6
GBPUSD Wave Analysis – 30 April 2025 - GBPUSD reversed from the long-term resistance level 1.3430 - Likely to fall to support level 1.3200 GBPUSD currency pair recently reversed down from the long-term resistance level 1.3430 (previous yearly high from last year) standing close to the upper daily and weekly Bollinger Bands. The price also earlier reversed down from the resistance level 1.3430 creating the weekly Shooting Star last week. Given the overbought weekly Stochastic and the strength of the resistance level 1.3430, GBPUSD currency pair can be expected to fall to the next support level 1.3200.
Short
by FxProGlobal
GBP/USD Breakdown Below Value Area –Bearish Continuation in PlanGBP/USD has broken below the recent range low near 1.3380, confirming a potential shift in structure. This move comes after multiple failed attempts to sustain above the Point of Control (POC) at 1.3415, where high volume previously suggested heavy positioning. The volume profile reveals a low-volume node just below the current price, which may accelerate price movement toward the next significant high-volume support zone around 1.3319. 🔹 Bias: Bearish 🔹 Entry Confirmation: Break and close below 1.3380 🔹 Target: 1.3319 🔹 Stop Loss: Above 1.3415 (POC & resistance zone) This setup aligns with a rejection from value area highs and a breakdown into thin liquidity zones. I’ll be watching for volume confirmation and price behavior at lower levels for continuation or reversal clues. 🧠 Plan your trade, trade your plan.
Short
by PIPSPHERE_NETWORK