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.
GBPUSD trade ideas
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.
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
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.
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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
GU-Thu-15/05/25 TDA-Tricky zone, open for both direction!Analysis done directly on the chart
Follow for more, possibly live trade updates!
Knowledge per se won't make you money, it is
applying the knowledge and in this case in trading
doing live trades will make you money.
What's your view on this? Comment down below!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
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
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 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.
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
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LIQUIDITY SWEEP ON GBPUSD SELL IDEAI caught this one little late but it might still be early enough to get in. CHOCH > price retraced back up after CHOCH> price closed Below the CHOCH > price went back and sweeped the Liquidity. The optimal entry would be at an order block/breaker block/Fvg etc.
P.S. Instead of CHOCH it couldve been BOS as well.
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.
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GBPUSD TRIPPLE TOP BEARISH PATTERNGBPUSD TRIPPLE TOP BEARISH PATTERN
Market Finds the Specific Adjustment where it can get possible values
This market moves towards bearish trend making a Tripple Top bearish pattern.
GBPUSD market want to reach some targets, resistance and support level.
1st Target Zone 1.31400
Final Target Zone 1.30000
Resistance level. 1.34300
Support level. 1.27600