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British Pound / U.S. Dollar

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GBPUSD trade ideas

Bearish drop off pullback resistance?GBP/USD is reacting off the resistance level which is a pullback resistance that aligns with the 138.2% Fibonacci extension and could drop from this level to our take profit. Entry: 1.3590 Why we like it: There is a pullback resistance that aligns with the 138.2% Fibonacci extension. Stop loss: 1.3629 Why we like it: There is a resistance level at the 100% Fibonacci projection. Take profit: 1.3535 Why we like it: There is an overlap support level that aligns with the 61.8% Fibonacci retracement. 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.
Short
by VantageMarkets
Market next target 🧨 Disruption Points: 1. Bullish Accumulation Underway The recent candles show higher lows and lower volume on red candles, suggesting selling pressure is decreasing. > Disruptive scenario: Price may bounce off minor support (around 1.3560–1.3570) and form a higher low, triggering a bullish rally back above 1.3620. --- 2. Fake Bearish Setup (Liquidity Trap) The three arrows predicting a drop might represent a classic retail trap where too many anticipate the same direction. > Contrary idea: A false breakdown below 1.3550 may occur just to collect stop-losses, followed by a strong reversal upward. --- 3. Divergence Risk If momentum indicators (e.g., RSI, MACD) show bullish divergence while price moves sideways or dips, it may signal an upcoming bullish impulse. > Disruption: Downward arrows may be misinterpreting consolidation as weakness rather than a setup for continuation of the previous uptrend. --- 4. Fundamental Wildcard The chart shows an upcoming U.S. economic event, likely to impact the dollar. If the data is weak for the USD, GBP/USD could surge sharply, invalidating the bearish scenario.
Long
by Gold_Free_Signals
GBP/USD Buy Signal Active Now Entry Point: 1.35800 (Buy Now)GBP/USD Buy Signal Active Now Entry Point: 1.35800 (Buy Now) 🎯 Target 1: 1.35400 🎯 Target 2: 1.35000 🎯 Target 3: 1.34500 🎯 Final Target: 1.34200 📊 Setup: We are entering a short-term buy position with carefully placed targets. This trade is based on current market structure and technical indicators. Entry confirmed after key support was tested and held. 🛡️ Risk Management is Key: ✅ Use a tight stop-loss ✅ Risk only what you can afford to lose ✅ Recommended SL: Above 1.36000 ✅ Maintain position sizing discipline 💡 Be patient and follow the plan 📉 Trend direction still under analysis for the bigger picture 🔁 Always reassess your trades as market conditions evolve Stay sharp and trade safe! #Forex #GBPUSD #TradeSignal #RiskManagement #ForexTrading
Short
by GoldTradersEdge
1
GBPUSD(20250605)Today's AnalysisMarket news: U.S. economic data-① ADP employment increased by 37,000 in May, far below the expected 110,000 and the previous value of 62,000. ② The U.S. ISM non-manufacturing index in May fell to 49.9, shrinking for the first time in nearly a year, and the expected increase was from 51.6 to 52. Technical analysis: Today's buying and selling boundaries: 1.3543 Support and resistance levels: 1.3622 1.3593 1.3574 1.3513 1.3494 1.3465 Trading strategy: If the price breaks through 1.3574, consider buying, and the first target price is 1.3593 If the price breaks through 1.3543, consider selling, and the first target price is 1.3513
Short
by NuggetsWarriors
GBP/USD Bulls Eye Breakout Ahead of NFPA rebound off former resistance is now testing the highs with the weekly / monthly opening-range taking shape just below. GBP/USD is attempting to breach the yearly 75% parallel in early US trade on Thursday. The immediate focus is on today’s close with respect to this threshold. Initial support rests with the weekly open / 2024 high at 1.3434. Note that the median-line converges on this threshold over the next few days and a break / close below would threaten a larger correction within the broader uptrend towards the 61.8% retracement of the May advance at 1.3313 and bullish invalidation at the May low-day close (LDC) near 1.3176. A topside breach above the 75% parallel would threaten resumption towards subsequent resistance objectives at the 2022 high-day close (HDC) at 1.3705 and the 100% extension of the January advance at 1.3816- look for a larger reaction there IF reached. Bottom line: The British Pound is testing confluent resistance at the yearly high and the focus is on a possible price inflection off this pivot zone- watch today’s close. From a trading standpoint, losses should be limited to 1.3434 IF price is heading higher on this stretch with a close above the 1.36 needed to mark uptrend resumption. Keep in mind we are in the early throws of the June opening-range with U.S. Non-Farm Payrolls slated for tomorrow morning and key inflation data (CPI) on tap next week. Stay nimble into the releases and watch the weekly closes here for guidance. -MB
by FOREXcom
LONDON BREAKOUT STRATEGY (GBP/USD) 6/5/2025today i wasnt near my laptop so i couldn't post this earlier , as you can see the trade is about to hit the tp ... . . . theses london breakout strategy feels good its well designed and simple , for the post news strategy its good that you have timing box that you have to trade that but the cons is yet to be explored for me and it has like a cycle somtimes it works very well and sometimes you have to eat too many losses back to back , ill cemplete the june then share my ideas about this strategeis . also want to test fvg strategy for weekend, if u want say the time frame ,indicator or month to test things out...
Long
by alisardari
GBP/USD: Bullish Momentum Continues - Key Structures &OVERVIEW: The GBP/USD pair has been in a clear bullish trend on the 4-hour timeframe since mid-May, demonstrating robust buying pressure. Price action indicates a significant shift in market structure, and we are currently observing a consolidation phase near a critical resistance level, suggesting potential for further upside. KEY OBSERVATIONS & MARKET STRUCTURE: 1. Shift from Bearish/Consolidation to Bullish: Earlier in May, price was ranging with a slight bearish bias, failing to make significant higher highs. We can identify a key "External Market Structure" acting as strong resistance around the 1.3450 area. Prior to breaking this external structure, the chart highlights an "internal ChoCH" (Change of Character). This often signals an internal shift in order flow, indicating that buyers were be ginning to gain control within the smaller timeframes, preceding the larger structural break. 2. Confirmed Breakout & Retest: Following the internal CHoCH, price executed a decisive "Break" above the significant "External Market Structure" around 1.3450. Crucially, after this break, price retraced and successfully retested this broken structure. This former resistance level has now flipped to become a strong "Long-term Support" area, validating the bullish market structure shift. This is a classic supply-to-demand flip. 3Current Ascending Price Channel & Support Levels: Since the retest of the long-term support, GBP/USD has been trending higher within a well-defined ascending channel or rising wedge formation. The lower boundary of this pattern is acting as "Short-term Support", consistently holding higher lows and guiding the price upwards. This dynamic support is currently around 1.3530-1.3550. POTENTIAL OUTLOOK & TRADE SCENARIOS: 1. Bullish Continuation (High-Probability): Price is currently consolidating near a multi-day high, just below the upper boundary of the ascending channel, labeled as "Potential Breakout" around 1.3590-1.3600. A decisive break and close above this "Potential Breakout" level (ideally confirmed on the 4H or daily timeframe with strong bullish candles) would signal a continuation of the bullish momentum. Targets could be psychologically significant levels like 1.3650, 1.3700, and higher. For entry, look for a retest of the broken breakout level as new support after the initial surge. 2. Pullback and Bounce: Should the "Potential Breakout" level hold initially, we might see a pullback towards the "Short-term Support" trendline. A strong bounce off this short-term support would present a new buying opportunity, keeping the bullish bias intact within the established channel. Invalidation of Bullish Bias: A break below the "Short-term Support" trendline would be the first cautionary sign. However, the bullish mode would likely only be invalidated on a sustained break below the "Long-term Support" zone (the former External Market Structure) around 1.3450. A close below this level would suggest a deeper correction or a potential trend reversal. CONCLUSION: GBP/USD remains in a strong bullish posture, supported by a clear shift in market structure and consistent higher lows. The current consolidation near the 1.3600 handle presents a pivotal point. Traders should monitor for a definitive breakout to confirm further upside or a pullback to established support for continuation entries. Risk Management is Paramount: Always use appropriate stop-loss orders and manage your position sizing according to your risk tolerance, especially when trading around potential breakout zones. ________________________________________ Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Long
by ManiMarkets
GBPUSD Set To Grow! BUY! My dear followers, This is my opinion on the GBPUSD next move: The asset is approaching an important pivot point 1.3459 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.3513 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBPUSD 4H MAJOR REVERSAL SETUP – WATCH FOR THE BREAK!Hey There; The Head & Shoulders (H&S) pattern in GBPUSD is becoming more defined, approaching a critical neckline level. If a breakout occurs, it could trigger a strong downward move, pushing the price toward new support levels. Right now, sellers are gaining strength while buyers attempt to defend key support zones. A confirmed close below the neckline could accelerate the sell-off. 📌 If the breakout happens, I’ll share target levels with you—stay tuned for updates I meticulously prepare these analyses for you, and I sincerely appreciate your support through likes. Every like from you is my biggest motivation to continue sharing my analyses. I’m truly grateful for each of you—love to all my followers💙💙💙
by TraderTilki
4
GBP USD LONG RESULT The Pound Price made a Bullish retracement in a straight parallel line to the 0.5lev of the fibonacci coupled with the the double top formed previously. I Highlighted two points of possible retracement i.e the 0.618 and 0.5 levels for possible entry. When price broke out (fake out) at the o.618 I entered the trade which ended up being fake and took support at the 0.5lev where my stop was. This was a FOMO trade and totally misjudged and impatient for Price. Better Concise, Patience and Luck next time 💪🙌
Long
by THE_KLASSIC_TRADER
2
GBPUSD: Potential Reversal After Strong RallyThe British Pound has shown strong gains against the US Dollar, approaching a key resistance area. After such an extended move, a correction or reversal would be a logical expectation. Technical Setup There is a clear series of bearish divergences on the CCI (14) indicator. Price is forming a narrowing rising wedge, which often signals trend exhaustion. Trade Plan Sell limit orders: 1.3690 and 1.3850 Market entry: Only after confirmation — either a trendline break or a moving average crossover Conclusion GBPUSD shows signs of weakening at the top. I remain focused on short setups from resistance areas, waiting for confirmation to act.
Short
by InvestWorld_777
1
Lingrid | GBPUSD Range-Bound Action with Upside Bias Toward 1.36The price perfectly fulfilled my previous idea . FX:GBPUSD FX:GBPUSD formed a higher low at trendline support and recently broke above the descending trendline, signaling bullish intent. Price is now consolidating in a range just above the swap zone around 1.3500. If it holds this structure, a breakout could lift the pair toward the 1.3580 resistance area. 📈 Key Levels Buy zone: 1.3490–1.3500 Buy trigger: breakout from range top Target: 1.3580 Sell trigger: close below 1.3490 💡 Risks Failure to hold above the breakout zone Bearish pressure from resistance at 1.3580 Return to range could delay upside move Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
11