possibility of downtrendAs long as the price fluctuates above the support area and the support trend line, the continuation of the upward trend is likely.
With the failure of these areas, the continuation of the downward trend is possible.
GBPUSD trade ideas
Monday market update - GBP/USD focusA busy morning ahead with several key stats for the GBP, followed by the highly anticipated US ISM data in the afternoon.
On the geopolitical side, news just broke that Zelensky, the Ukrainian president, is finally ready to sign a deal with the US regarding minerals. This could support both GBP and EUR against the dollar today.
🔎 As always, keep an eye on the data flow.
📈 Trading plan: I’m buying dips around 1.2560 and 1.2580.
A breakout above the resistance at 1.2633 is on the table, but if buyers fail to hold, the next key support sits at 1.2540, and lower if necessary.
long (buy) position on GBP/USDAscending Trendline: The most visible technical aspect is the upward sloping trendline. This indicates potential bullish momentum, suggesting the Pound is gaining strength against the Dollar. Traders often use trendlines to identify potential entry points in an ongoing trend.
Support Level: The trader has placed the stop-loss (SL) just below a recent low point, indicating they are using this low as a support level. If the price breaks this support, it would invalidate the bullish view.
Resistance Level: The take-profit (TP) is placed above recent high points, suggesting the trader is targeting a resistance level. If the price reaches this level, it would confirm the continuation of the uptrend.
Risk-Reward Ratio: The distance between the entry and stop-loss compared to the distance between the entry and take-profit suggests the trader has calculated a favorable risk-reward ratio.
Fundamental Economic Factors (Hypothetical):
Positive UK Economic Data: If recent UK economic data (e.g., GDP, employment, inflation) has been stronger than expected, it could strengthen the Pound.
Hawkish Bank of England (BoE): If the BoE has signaled a more aggressive stance on raising interest rates to combat inflation, it could attract investment to the Pound.
Weak US Economic Data: Conversely, if recent US economic data has been weaker than expected, it could weaken the Dollar.
Dovish Federal Reserve (Fed): If the Fed has signaled a more cautious approach to raising interest rates, it could put downward pressure on the Dollar.
Market Sentiment: Overall market sentiment could be favoring the Pound due to factors like political stability or positive news flow.
Interest Rate Differentials: If the interest rate differential between the UK and the US is widening in favor of the UK, it makes the Pound more attractive to carry traders.
Considerations for Publication:
Disclaimer: Always include a disclaimer that forex trading is risky and past performance is not indicative of future results.
Chart Clarity: If publishing, ensure the chart is clear and easy to understand.
Fundamental Context: Provide context for the fundamental factors that may have influenced the trade.
Risk Management: Emphasize the importance of using stop-loss orders and managing risk.
Educational Purpose: Frame the analysis as an educational example rather than a trading recommendation.
Time Sensitivity: Forex markets are dynamic, so the analysis may become outdated quickly.
Important Note: Without knowing the exact news and economic data at the time of the trade, this analysis is based on general assumptions. A thorough analysis would require looking at the specific economic calendar and news events at the time the trade was taken.
GBPUSD Monthly Bullish, Weekly Bearish March Bullish for GBPUSD but Bearish for the First week. Purely Price Action and Fundamental Analysis.
GBP USD SHORTThe British has been in a strong uptrend and broke our support trend and retested in minor / lower timeframe and that's why we are in a short trade which is moving well in our direction.
GBPUSD - AB = CD Bearish Pattern on Daily Time frameThe GBP/USD pair has formed a bearish AB=CD pattern on the daily chart, signaling a potential trend reversal. After completing the C-leg retracement, price is expected to decline towards the D-point, aligning with key support levels. A confirmed rejection at resistance strengthens the bearish outlook,
Stop loss: 1.2823
Profit targets: 1.2150 and 1.1814.
This ABCD pattern strengthens the bearish trade setup, providing a structured approach to targeting downside price levels. 📉🚀
GBPUSDGU is in an overall uptrend (weekly timeframe ) but on a smaller timeframe, it broke the last HL, giving a potential sign to a temporary bearish movement . I’m looking for price to retrace & drop down to trend line. I still need more technical confluences to confirm bearish movement but so far, it looks like it started. News will also play a role in bearish decision & confirmation. Ready for next week 💪🏼
GBP USD BEARS OVERTAKING ?GBP USD faced heavy supply at 1.27 area. Monthly candle is coming to an end and the next month is starting with bears showing from distance. Will this pressure build up ? At the moment the movement from 1.27 is getting bearish and this could send the pair back to 1. 22 level but only if bears can manage to take control of 1.25 area.
Short till 1.257254 hour bearish implied FVG and 6hr bearish FVG was respected warranting downside movement to 1.25725.
GBPUSDGBPUSD Breakout from the massive range and now has tested its previous Lower High as a Deep Pullback
I am anticipating it as a short entry with the RR of 1:3
Fri 28th Feb 2025 GBP/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/USD Sell. Enjoy the day all. Cheers. Jim
GBPUSD Falling OutGBPUSD fell out of the zone above. Looking for price to approach bottom of zone since it has bounced within that range previously
GBPUSD LONGMarket structure bullish on HTFs 3
Entry at both Daily And Weekly AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Previous Daily Structure Point
Around Psychological Level 1.26000
H4 Candlestick rejection
Rejection from Previous structure
Levels 7.05
Entry 105%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
GBP/USD Short-Lived Bullish Momentum with a Bearish BiasThe GPBUSD are showing mixed signs across times frames 5min, 15m and 4H but suggests that bullish momentum will be short-lived as price approaches 1.2700.
UK economic data has not been the best this week, as car registration data continues to show weakness leading me to believe that consumers are hesitant for bigger purchases. In the bigger picture of things we would likely see slowdowns in key market segments to follow which will pressure the pound over the medium term.
Trade Ideas
Bullish Trade Idea
Entry: Buy on breakout above 1.2700 with strong volume confirmation.
Stop-Loss: Below recent structure of 1.2670
Target TP1: 1.2730 short-term resistance
Target TP2: 1.2750 key area of interest
Risk to Reward: ~1:2
Bearish Trade Idea
Entry: Sell on rejection from 1.2700 - 1.2710
Stop-Loss: Above structure high of 1.2715
Target TP1: 1.2625 intraday support
Target TP2: 1.2600 psychological level
Risk to Reward: ~1:2
From a macro perspective I do favour a bearish trade set-up due to the U.S economic data looking a bit robust, however tariff uncertainty will play against traders in the near to medium term. Because of this I would look for a breakdown of price action if price does not reach near term resistance.
Entry Point: GBP/USD breaks below the 1.2650 support level
Stop-Loss: slightly above 1.2670
Target TP1: 1.2625
Target TP2: 1.2600
GBP/USD Market Analysis: Trading Plan for Feb 27, 2025👋 Today, we’re diving into the OANDA:GBPUSD market to uncover key price levels and potential trade setups. Whether you're a price action trader or an indicator-based trader, this analysis will provide you with a clear plan for the session ahead. Let’s get started! 🚀
📊 Market Overview & Current Session
Date: February 27, 2025
Current Trading Session: London Session (European session 🇪🇺) – High liquidity and volatility expected!
Chart Timeframe: 1H (Hourly)
Major Indicators: EMA 34 (gray), EMA 89 (yellow), EMA 200 (red)
At the time of writing, GBP/USD is trading around 1.2670, consolidating after a recent bullish push. Price is currently testing the 34 EMA, while the 89 EMA (yellow) is acting as dynamic support around 1.2653.
🔥 Key Technical Levels to Watch
📍 Resistance Zones:
1.2700 - 1.2720: Strong supply zone, sellers may step in here.
1.2750: Psychological resistance level.
📍 Support Zones:
1.2650 - 1.2630: Buyers are likely to defend this area (aligned with the 89 EMA).
1.2620: Key support level; a break below could trigger further downside.
📈 Trade Setups & Recommendations
📌 Bullish Scenario (Buy Setup)
If GBP/USD holds above 1.2650 and forms a bullish structure, consider entering long positions:
✅ Entry: 1.2660 - 1.2670 (on bullish confirmation)
🎯 Target (TP): 1.2700, 1.2720
🛑 Stop Loss (SL): 1.2635
💡 Confirmation: Look for bullish candlestick patterns (pin bar, engulfing) at the support zone before entering.
📌 Bearish Scenario (Sell Setup)
If GBP/USD breaks 1.2650 and shows bearish momentum, a short opportunity may arise:
✅ Entry: 1.2640 - 1.2650 (on bearish confirmation)
🎯 Target (TP): 1.2620, 1.2600
🛑 Stop Loss (SL): 1.2675
💡 Confirmation: Look for price rejection at 1.2650 and a bearish candlestick close before shorting.
📢 Final Thoughts
The London session is in full swing, so expect increased volatility.
EMA alignment suggests an overall bullish bias, but a break below 1.2650 could flip the trend.
Always wait for confirmation before entering a trade – price action is king! 👑
📌 Follow Fuinvest for daily market insights & passive income strategies! Let's navigate the market together and capitalize on high-probability setups. 💰🚀
BUY GBPUSDPrice is beginning to wax stronger on a buy side as we continue to see buyer prove their strength in the market . From the 1Hr perspective, a buy opportunity is envisaged from the current market price.
GBPUSD analysis(long term)Is the European economy collapsing?
Economic data could indicate a decline
GBPUSD buy signalAN ascending triangle has been formed on GU and we might see a buy , there HIgher Highs and Higher Lows on GU lets just keep a close eye on it
20250227 - GBPUSD - Long/BuyGBPUSD - Long/Buy.
Classic fib retracement.
Aim for yesterday's high or go for another daily swing high.
TP1: 1.27161
SL: 1.26401 (or lower swing low 1.26062)
BULLISH CONTINUATIONFollowing market structure, I expect price to put in a new higher high or Trade to the highs at least as we've been Bullish for the Week and haven't hit any PD array that will cause a reversal.
GBP/USD Trading Outlook – Observation Mode TodayToday, we have the ECB meeting along with several early-morning economic announcements from China.
I anticipate a potential breakout of either the 1.2700 resistance or the 1.2615 support by the end of the day. Given the market’s reaction to economic news, I'll be mostly in observation mode today, with limited trading activity.
Yesterday, I followed my observations, leading to a successful trade.
Let’s see how the market reacts!
GBP/USD update analysis February 27 To analyze the probability of a trade setup based on your GBP/USD chart, I will break it down into key factors:
**Market Structure & Bias**
1. **Break of Structure (BOS):** Indicates a shift in market structure.
2. **Change of Character (CHOCH):** Points to potential reversals or liquidity grabs.
3. **Liquidity Zones:**
- **Equal Highs (EQH):** Liquidity pools above resistance areas.
- **Discount Zones:** Price is at a discounted level where institutional buying might occur.
4. **Premium vs. Discount:**
- The price is near **equilibrium** and in the **discount zone**, suggesting potential bullish movement.
**Trade Probability Assessment**
**Bullish Scenario**
- **Entry Zone:** The price is approaching the **discount zone** and previous support areas.
- **Confirmation:** If a bullish engulfing or market structure shift occurs, a buy setup is valid.
- **Probability:** **~65% Bullish** if price finds support in the discount zone and breaks short-term highs.
**Bearish Scenario**
- **Entry Zone:** If price breaks the current equilibrium and premium rejection holds.
- **Confirmation:** If a lower high forms under the premium zone and price sweeps previous lows.
- **Probability:** **~35% Bearish** unless a strong breakout invalidates bullish confirmation.
**Final Probability Estimate**
- **Bullish:** **65%** (Buy Setup)
- **Bearish:** **35%** (Sell Setup)
GBPUSD Week 9 Swing Zone/LevelsLast week saw a few pinched pips and also few losses. This highlights the benefit of having a good risk to reward ratio.
Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc). This generates a fairly accurate levels with actual price action determining trades.
SL, stoploss is usually btw 10-15pips
TP, Takeprofit is 5-10x that, with sl moving to BE, breakeven once trade pinches +20pips.
