Get started

British Pound / U.S. Dollar

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

GBPUSD trade ideas

GBP/USD: The weight of evidence approachThere are always reasons not to take a trade. You have to take a 'weight of evidence' approach - and you'll still often be wrong ;) The idea: Trade GBP/USD short on a daily close below critical support. Looking for 2:1 RR Reasons for: Trend is lower (falling fractals / price below the 50 DMA) Momentum is to the downside (MACD below zero) If the break holds, then long term trend has turned to a downtrend, adding more force to the short term downtrend. Reasons against: Already had a big move lower Longer term trend has been up - this maybe an exaggerated pullback. The nice thing about trading, you don't have to stay wrong. If this breakdown trade fails - it tells us the market has strength. So then we can wait to trade a break above resistance or a fractal
Short
by jasperlawler
GBPUSD InsightPlease feel free to share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points: - Eurozone's final September CPI shows a 1.7% increase, slowing from the previous month. - ECB cuts its three key interest rates by 25bps each during its monetary policy meeting. - Bank of England is expected to cut rates by 25bps. - U.S. Federal Reserve projected to lower rates by 25bps in both November and December. - U.S. weekly initial jobless claims recorded 241,000, a decrease compared to the previous week. - U.S. September retail sales rose 0.4%, exceeding both the previous month and forecasts. Economic Indicators: - October 24: U.S. October Manufacturing PMI and Services PMI. GBP/USD is facing resistance around the 1.34000 level and is currently testing direction again near the 1.30000 level. If it rebounds from this range, it could rise to the 1.38000 level. However, if it breaks through the support, a decline to the 1.26000 level is expected. Given the current uptrend, there is a high chance of maintaining the lower levels, and should it break the 1.30000 level, a rebound from the bottom is anticipated. If unexpected movements occur, I will adjust the strategy swiftly.
Short
by shawntime_academy
Pullback resistance ahead for the Cable?The price is rising towards the resistance level which is a pullback resistance and could reverse from this level to our take profit. Entry: 1.3033 Why we like it: There is a pullback resistance level. Stop loss: 1.3080 Why we like it: There is an overlap resistance level that lines up with th23.6% Fibonacci retracement. Take profit: 1.2940 Why we like it: There is a pullback support level that is slightly below 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
TAPDA PRECISION After price falling heavily Wednesday taking out intermediate/short term low I anticiapated a Thursday reversal, weekly profile. I framed my trade and patiently was waiting for the 90min tf cycle of 3:30 to take out the 3:30 low. Once was taken out already. I had clear accumulation before Market open and knew it would take manipulation to get to my anticipated price point once price point was hit sell side liquidity was engineered for long positions and price swiftly distributed. ACCUMULATION_MANIPULATION_DISTRIBUTION WITH TIME PRECISION COMBINED WEEKLY PROFILES CBDR & ASIAN RANGES REMEMBER FRIENDS HIGH TIME FRAME PD ARRAYS/KEY LEVELS IS CRUCIAL FOR LOWER TF PROBABILITY!!!
Short
by FX_precision
GBPUSD - Look for Continuation Long (SWING) 1:5!GBPUSD is displaying a gradual bullish momentum following a strong upward trend on the HTF. After breaking the HTF key resistance level, it corrected to the nearest Demand Zone. On the LTF, GBPUSD appears to be accumulating before resuming an upward trend toward the Supply Zone, where a reversal market structure may form, supported by the DVX. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Long
by S-Fx_
GBPUSD Ready for a breakthroughHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000