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British Pound / U.S. Dollar

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GBPUSD trade ideas

Fundamental Market Analysis for June 3, 2025 GBPUSDThe GBP/USD pair attracted sellers during Tuesday's Asian session and broke part of a strong overnight move up towards the 1.3560 area, or multi-day peak. The U.S. Dollar Index (DXY), which tracks the dollar against a basket of currencies, rebounded from a six-week low reached on Monday and proved to be a key factor putting downward pressure on the GBP/USD pair. In addition, concerns over the deteriorating US fiscal situation and renewed trade tensions between the US and China should help limit USD gains. The British Pound (GBP), on the other hand, may continue to receive support from expectations that the Bank of England (BoE) will take a pause at its next meeting on June 18 and will not rush to cut interest rates further. Traders may also prefer to wait for the hearing of the Bank of England's monetary policy report in Parliament. Investors will be closely watching comments from Bank of England Governor Andrew Bailey and other members of the Monetary Policy Committee (MPC) for information on the policy outlook, which in turn will influence the GBP exchange rate. Trading recommendation: SELL 1.3495, SL 1.3595, TP 1.3295
Short
by Fresh-Forexcast2004
GBPUSD SHORT FORECAST Q2 W23 D3 Y25GBPUSD SHORT FORECAST Q2 W23 D3 Y25 🔥👀TECHNICAL HOT PICK 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 ✅15' order block ✅4 hour order block ✅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
GBP/USD 4-Hour Technical & Fundamental AnalysisGBP/USD 4-Hour Technical & Fundamental Analysis GBP/USD has pushed to a new multi-year high, breaking above key resistance as both technical and fundamental drivers favor the British Pound. The 4-hour chart reveals a strong bullish structure, with a sequence of Higher Lows and Higher Highs, signaling trend continuation amid smart money accumulation. Price decisively broke above the major resistance at 1.34300, which now acts as structural support. Following the breakout, GBP/USD retested the level and consolidated above 1.3500, forming an accumulation zone. A liquidity hunt below minor intraday lows could provide a refined long opportunity, aligning with bullish momentum. If price dips into the liquidity zone and reacts with bullish confirmation, the pair is likely to resume its upward trajectory, offering an attractive long setup with solid risk-reward potential. 📊 Trade Setup 📍 Area of Interest (AOI): 1.35260 (Buy Limit) 🛡 Stop-Loss: 1.34420 (Below support/liquidity pocket) 🎯 Take Profit: 1.37370 (Next major resistance / 1:2 RR) This setup aligns with institutional bullish flow and offers a roadmap for catching the next impulsive leg to the upside. 📰 Fundamental Outlook 🇬🇧 GBP Strength vs 🇺🇸 USD Weakness British Pound Strengthening: UK Manufacturing: Contracted less than expected in May. Housing Market: House prices rose 3.5% YoY, signaling strong domestic demand. Bank of England Outlook: Markets expect rates to remain unchanged at the June 18 meeting after the recent 0.25% rate cut, showing a cautious but steady approach. U.S. Dollar Under Pressure: Manufacturing Slowdown: ISM Manufacturing Index dropped to 48.5, marking the 4th consecutive contraction — below the 50.0 threshold. Trade Tensions: U.S. tariffs on steel and aluminum doubled to 50%, triggering renewed concerns. Fiscal Concerns: Rising U.S. debt and unclear fiscal direction are weighing on USD. Labor Market Weakness: Today’s JOLTS Job Openings report came in at 7.11M, down from 7.19M, suggesting cooling demand in the labor market. 📌 Disclaimer: This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
Long
by RebornFXTrader
GBPUSD H1 I Bullish Bounce Based on the H1 chart analysis, the price is falling toward our buy entry level at 1.3491, a pullback support that aligns with the 61.8% Fibonacci retracement. Our take profit is set at 1.3519, a pullback resistance. The stop loss is placed at 1.3473, a swing low support. 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
BUY OPPORTUNITYGBP/USD Trade Entry: 1.35229 Take Profit (TP): 1.35545 Stop Loss (SL): 1.35144 Risk-Reward Ratio: 1:3 Technical Analysis Price Action: The GBP/USD pair is currently trading within a tight range between 1.35160 (support) and 1.35582 (resistance) on the 15-minute timeframe. Price has shown multiple touches on both ends of this range, indicating a consolidation phase where neither buyers nor sellers have taken control. ADX Indicator: The Average Directional Index (ADX) is hovering around 10, which signals very weak trend strength and confirms the current consolidation. This means the market lacks clear momentum to break out decisively in either direction, increasing the probability of price continuing to oscillate within this range in the short term. Oscillators & Momentum: With weak ADX and price stuck within the range, momentum indicators suggest limited directional bias. This setup is ideal for a mean reversion or range trading strategy, where the price is expected to bounce between support and resistance.
by GODOCM
GBPUSDGBP/USD Upcoming Economic Data, 10-Year Bond Yield, Interest Rate Differential, and Carry Trade (June 1–10, 2025) 1. Upcoming Economic Data (June 1–10, 2025) Date Event Expected Impact on GBP/USD June 2 UK PMI Composite (May) Strong PMI supports GBP; weak data pressures GBP June 3 UK Services PMI Key for assessing UK economic momentum; influences GBP sentiment June 4 UK Construction PMI Reflects sector health; positive print supports GBP June 6 US Nonfarm Payrolls (NFP) Strong US jobs data strengthens USD, pressures GBP/USD June 6 US Average Hourly Earnings Wage growth impacts Fed policy outlook and USD strength June 9 UK GDP (Preliminary Q1) Critical for BoE policy outlook; strong GDP supports GBP June 10 UK CPI Inflation (May) Higher inflation may delay BoE cuts, supporting GBP Note: UK inflation data recently printed higher than expected, and US jobs data will be a major driver of USD strength. 2. 10-Year Bond Yields and Interest Rate Differential UK 10-Year Gilt Yield: Approximately 4.77% (as of late May 2025) US 10-Year Treasury Yield: Approximately 4.51% (late May 2025) Yield Spread: 4.77% (UK)−4.51% (US)=+0.26% The UK’s higher bond yield provides a modest carry advantage for GBP over USD. Policy Rates: Bank of England (BoE): 4.25% (recently cut by 25bps) Federal Reserve (Fed): 4.25–4.50% Interest Rate Differential: Slightly favors USD on policy rates but favors GBP on bond yields. 3. Carry Trade Directional Bias The carry trade involves borrowing in a currency with lower interest rates and investing in one with higher yields. Given the UK’s higher 10-year gilt yields (+0.26%), there is a modest carry trade advantage supporting GBP against USD. However, the Fed’s slightly higher policy rate and the BoE’s dovish stance (rate cuts expected) temper this advantage. Overall, the carry trade bias for GBP/USD is neutral to slightly bullish for GBP, supported by bond yields but capped by policy rate expectations. 4. Technical and Market Outlook GBP/USD recently tested resistance near supply roof and faced selling pressure, but got support the broken supply roof on daily and now trades on the floor as demand . Market sentiment remains cautious due to geopolitical uncertainties and tariff negotiations impacting USD strength. The upcoming US jobs data (June 6) is a key event that could sway USD and thus GBP/USD direction. Summary Table Metric UK (GBP) US (USD) 10-Year Bond Yield ~4.77% ~4.51% Policy Interest Rate 4.25% (BoE) 4.25–4.50% (Fed) Yield Spread (10Y) +0.26% (GBP over USD) — Interest Rate Differential Slightly favors USD — Carry Trade Directional Bias Neutral to slightly bullish for GBP — Key Upcoming Data UK PMI, GDP, CPI US NFP, Wage Data Conclusion GBP/USD faces a mixed outlook with modest carry trade support from higher UK bond yields but pressure from Fed’s higher policy rates and USD strength. Upcoming UK data (PMI, GDP, CPI) will shape BoE policy expectations and GBP sentiment. US jobs data on June 6 is critical for USD direction and, by extension, GBP/USD. #gbpusd #dollar
by Shavyfxhub
GBP USD LONG (LONDON BREAKOUT) 1possible scenario: backed by London break out and the fact that there is no such important news today till new York session its possible that it can hold on to the momentum it has ... note for my self: today i mixed the UTC hours with my time zone so i missed my Strat to open a trade, i saw the setup is on then i got anxious so i put a instant buy order, for future i got to be more disciplined and i know i did a bad thing and maybe not today but ill be punished for this kind of of behavior, i put two buy limits on proper prices with lower risks, i have to have a plan maybe not to do such a thing, its still not back tested, to put buy orders, but the good thing is that all of the setup has the same sl so as we get lower the sl would be shorter too this is like a journal for me, for future i would try to execute trades as planned and show the real setup, today cause i missed the fire accept a hollow of it , and i hope your portfolio to be green!❤️
Long
by alisardari
Potential bearish drop?GBP/USD has rejected off the reistance level which is a pullback resistance and could drop from this level to our take profit. Entry: 1.3551 Why we like it: There is a pullback resistance level. Stop loss: 1.3590 Why we like it: There is a pullback resistance level. Take profit: 1.3446 Why we like it: There is an overlap support 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.
Short
by VantageMarkets
GBP/USD Testing Resistance- Battle Lines Drawn into June OpenOne of the cleaner setups into the start of the week / month- Sterling opens the session with a test of confluent resistance into the yearly high-day close (HDC) at 1.3564- looking for a reaction there today with a breach / close above needed to fuel the next leg of the advance towards 1.3671-1.3705. Initial support rests with the 2019 high at 1.3515 backed closely by the 78.6% retracement / 2024 high at 1.3414/34- note that the median-line converges on this threshold over the next few days and a break / close below would suggest a more significant high was registered last month / a larger reversal is underway. -MB
by FOREXcom
The current trend of the US dollar remains bullish.During the European session, the US Dollar Index extended its weakness, falling 0.67% intraday to 98.7731, approaching the low seen on April 22nd. GBP/USD rose synchronously by 0.61% to 1.3538. Key Drivers： Tariff rhetoric reignites market concerns Potential impact of the S899 clause Diverging expectations on Federal Reserve policy ING analyst Chris Turner noted: "The risk of early termination of the trade agreement and the S899 clause have created dual pressures, causing the US dollar to continue weakening. GBP/USD is likely to remain bullish-dominated." Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term. Trading Strategy: buy@1.13400-1.13450 TP:1.13550-1.13600
Long
by Ashbur
GBP/USD - Rejection of lower prices On GBP/USD , it's nice to see a strong buying reaction at the price of 1.34370. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Rejection of lower prices and high volume cluster are the main reasons for my decision to go long on this trade. Happy trading Dale
by Trader_Dale