Get started

British Pound / U.S. Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

GBPUSD trade ideas

GBPUSD INTRADAY sideways consolidation support at 1.3200The GBP/USD pair continues to exhibit a bullish longer-term trend, underpinned by a series of higher highs and higher lows. However, recent price action shows consolidation within a sideways trading range, suggesting a pause or potential accumulation before the next directional move. The key technical level to monitor is 1.3200, which aligns with a prior consolidation zone and serves as a critical support area. A corrective pullback towards this level could present a buying opportunity, particularly if price action forms a bullish reversal pattern around this zone. A successful rebound from 1.3200 would likely target resistance levels at 1.3400, followed by 1.3445 and 1.3500 on a longer-term basis. Conversely, a daily close below 1.3200 would invalidate the current bullish bias and suggest a shift in sentiment. This scenario opens the door for further downside towards the next support at 1.3160, with extended losses potentially reaching 1.3116. Conclusion: While the broader trend remains bullish, GBP/USD is currently range-bound. Traders should watch for a reaction around the 1.3200 level. A bounce would reinforce bullish momentum towards 1.3400 and beyond, whereas a confirmed break below this level would signal further weakness and a possible trend shift in the near term. 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
The Day Ahead Thursday May 15 Data: US April PPI, retail sales, industrial production, capacity utilisation, May Philadelphia Fed business outlook, Empire manufacturing index, NAHB housing market index, March business inventories, initial jobless claims, UK Q1 GDP, Japan April machine tool orders, Germany April wholesale price index, Italy March general government debt, Eurozone Q1 employment, March industrial production, Canada April housing starts, existing home sales, March manufacturing sales, Australia April labour report, Norway Q1 GDP Central banks: Fed's Chair Powell and Barr speak, ECB's Cipollone, Elderson, Guindos and Villeroy speak, BoE's Dhingra speaks Earnings: Walmart, Alibaba, Siemens, Deutsche Telekom, Allianz, Mitsubishi UFJ, Deere, Applied Materials, National Grid, 3i Group, Engie, Take-Two, RWE, Cava 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 inverted FVG update!!Good day traders, we back again we an update on the setup on GBpUSD that I posted. Coming into this week on Monday we show a very strong push lower and it was anticipated for Thursday and Friday that move but because the narrative still holds and we saw price fail to close about the midpoint of the inverted FVG. Price did not only reject that level once but multiple times, price than moved away from the Inverted FVG. The green arrow shows a balanced price range that we wanna see price revisit and break past, but remember price do not move in a straight line so monitor minor reversals that can really do damage. On the 4H TF we saw break structure lower and that leg has a lot of imbalances in them!! But overall bias we bearish on GBPUsD
Short
by FxPipMaster_TebohoMatla
Cable H1 | Falling toward a 50% Fibonacci supportCable (GBP/USD) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 1.3254 which is a multi-swing-low support that aligns with the 50.0% Fibonacci retracement. Stop loss is at 1.3200 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement. Take profit is at 1.3349 which is a swing-high resistance. 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 (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
1
GBP/USD Price Action Update – May 15, 2025📊 GBP/USD Price Action Update – May 15, 2025 🔹Current Price: 1.32989 🔹Timeframe: 1H 📌 Key Supply Zone: 🔴 1.33134–1.33201 – Short-term supply zone, price previously rejected this area with strong bearish reaction 📌 Key Target Zone (Above): 🟢 1.33608 – 1.33490 – Higher timeframe imbalance zone; potential upside target if price breaks cleanly above short-term supply ⚡️Bullish Scenario: If price clears and holds above 1.3320, momentum may extend toward the 1.3350–1.3360 region where higher timeframe liquidity rests. ⚠️Bearish Scenario: Rejection from 1.3313–1.3320 may lead to short-term pullback. Watch for confirmation below 1.3280 to retest 1.3249 support zone. 🔍 FXFOREVER Insight: ✅ Price structure forming higher lows – bullish bias intact ✅ Monitor for strong bullish candle above supply zone ✅ Ideal buys on break + retest with M15 confirmation #GBPUSD #PriceActionTrading #FXFOREVER #ForexSignals #SmartMoneyConcepts #DemandSupplyZone #BreakoutLevels
by FXFOREVER_87
GBPUSD SHORT FORECAST Q2 W20 D15 Y25GBPUSD SHORT FORECAST Q2 W20 D15 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Weekly order block rejection ✅Daily order block rejection ✅Intraday 15' order blocks ✅Tokyo ranges to be filled 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
GBPUSD InsightHello to all our subscribers. Please share your personal opinions in the comments. Don’t forget to hit the boost and subscribe! Key Points - The summit at the Istanbul meeting scheduled for the 15th is effectively canceled. U.S. President Trump stated that he is considering a second round of sanctions if Russia does not agree to peace negotiations. - According to foreign media, the U.S. trade negotiation team will not include any commitments regarding foreign exchange policy in the agreement. It was also reported that U.S. Treasury Secretary Scott Bessent has not delegated authority to negotiate exchange rate issues to any official. - Although there were reports that working-level officials from South Korea and the U.S. held exchange rate talks in Milan, Italy, on the 5th, the absence of exchange rate discussions aimed at weakening the dollar in the trade agreement has led to dollar strength. - China’s Ministry of Commerce announced a suspension of certain non-tariff retaliatory measures imposed on U.S. companies. Key Economic Events This Week + May 15: U.K. Q1 GDP, U.S. April Retail Sales, U.S. April Producer Price Index (PPI), Fed Chair Powell’s Speech + May 16: Japan Q1 GDP GBPUSD Chart Analysis After falling to the 1.31500 level as expected, the pair reversed and climbed toward the 1.34000 area. However, for further upside potential, it must break through the 1.34000 level. We will use the upper resistance and lower support levels as key reference points. A break below 1.31500 suggests a bearish trend, while a breakout above 1.34000 would indicate a bullish trend.
Long
by shawntime_academy
Long Trade Setup – GBP/USD!🟢 🔹 Chart Pattern: Falling Wedge (Bullish Reversal) 🔹 Entry Zone: Around 1.3258 – breakout area from wedge 🔹 Confirmation: Price broke out of falling wedge + support zone holding 🎯 Take Profit Targets TP1: 1.32716 – First resistance zone (marked in green) TP2: 1.33012 – Next key resistance level (yellow line) TP3: 1.33233 – Major resistance zone 🔻 Stop-Loss (SL) Below 1.32170 – Red line (clear invalidation of structure) 🔍 Technical Notes Previous breakout patterns were successful (see earlier wedges + circles). Volume and structure support potential continuation. Risk-to-reward looks favorable based on wedge breakout pattern.
Long
by ProfittoPath
Bearish drop?The Cable (GBP/USD) is rising towards the pivot and could reverse to the 1st support. Pivot: 1.3292 1st Support: 1.3223 1st Resistance: 1.3318 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.
Short
by ICmarkets
Could the Cable bounce from here?GBP/USD is falling towards the support level which is a pullback support that lines up with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.3210 Why we like it: There is a pullback support that lines up with the 61.8% Fibonacci retracement. Stop loss: 1.3144 Why we like it: There is a pullback support level that lines up with the 78.6% Fibonacci projection. Take profit: 1.3345 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by VantageMarkets