GBP_USD POTENTIAL LONG|
✅GBP_USD fell again to retest the support of 1.3200
But it is a strong key level
So I think that there is a high chance
We will see a bullish rebound and a move up
LONG🚀
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GBPUSD trade ideas
GBPUSD TIME TO FALL HELLO TRADERS
GBPUSD has tested a strong resistence level zone and failed to break 1.34100 its also created a Cypher Harmonic pattren on daily chart the important level to break 1.32000 as soon as we will see the breakout forr this zone it will drop more till design levels chart is simple to read and we are look for ur comments and support Stay Tuned for more updates ....
GBP/USD Support Bounce? | Demand Zone Holding Strong GBP/USD has tested the 1.32767 demand zone and is holding steady after a strong downward move. This level aligns with high-volume support on the LuxAlgo Visible Range, suggesting potential for a bullish reversal.
If price sustains above 1.32800, we could see upside targets of:
1.33550 (First resistance)
1.34097 (Supply zone)
This is a critical area to watch — buyers may step in aggressively here, especially with key economic news on the horizon (note the calendar icons below).
Setup Idea (Not Financial Advice):
Long above 1.32850
TP1: 1.33500
TP2: 1.34050
SL: Below 1.32650
Confluence:
Price action at strong demand
Potential higher low forming
LuxAlgo S&D + volume profile match
Watch for confirmation candles and news impact!
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#GBPUSD #ForexTrading #PriceAction #TechnicalAnalysis #FXSetup #BritishPound #USDollar #LuxAlgo #SupplyDemand #SmartMoney #TradingView #SwingTrade #MarketAnalysis
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GBPUSD Pair: Bullish Carry Trade Formations from AsiaBy Ion Jauregui – Analyst, ActivTrades
The pair advanced throughout the Asian session, pushing the dollar higher against the pound sterling. A combination of discouraging UK economic data and persistent signs of macro weakness—despite mixed JOLTS employment figures in a clearly disinflationary U.S. economy—could pave the way for Federal Reserve rate cuts. Although UK PMI data beat expectations at 45.4 points last month and bank lending to individuals has been rising, the growth in money supply highlights increased household indebtedness against a backdrop of fewer mortgage approvals. Today’s dollar strength may be driven by this dovish monetary bias.
Key indicators have yet to be released, but the scheduled speech by New York Fed President John Williams could offer clues about the Fed’s cut timeline. The recent dollar weakness aligns with market pricing for up to four 25-basis-point rate cuts before year-end.
The latest range suggests carry-trade movements between the April 28 high at $1.34432 and today’s support zone around $1.32597. The point of control (POC) sits just above that support and below the current price. Delta zones mark strong resistance near $1.33271, a level tested on four previous occasions. The RSI rests in light oversold territory at 49.27%, having recovered from 24–26% in yesterday’s session. It’s highly likely the dollar will see pronounced moves today following the Non-Farm Payrolls (NFP) release, given the market’s bearish expectations and rumors of potential U.S. “stagflation.”
The pound remains on the front foot against the dollar, supported by a macro-technical backdrop that favors further gains—provided no surprises emerge from U.S. data. The immediate focus is on employment figures and monetary policy signals.
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Sterling Bulls Wrestle 2024 HighsThe British Pound has rallied more than 11.1% off the yearly low with GBP/USD trading into uptrend resistance at fresh yearly highs. Building momentum divergence highlights the risk for exhaustion here and while the broader outlook remains constructive, the immediate advance may be vulnerable near-term while below this slope.
Initial support rests with the objective weekly open at 1.3313 and is backed by the April opening-range high (ORH) at 1.3207. A break / close below the median-line would be needed to suggest a more significant high was registered this week / a larger correction is underway. Subsequent support seen at 1.3111 with broader bullish invalidation raised to the 1.30-handle.
A topside breach / close above the upper parallel would expose subsequent topside objectives at the 2019 high at 1.3515 backed by the 1.36-handle and the 2022 high-day close (HDC) at 1.3705- both levels of interest for possible topside exhaustion / price inflection IF reached.
The British Pound rally off the yearly lows has extended into uptrend resistance at the yearly highs on building bearish momentum divergence- mounting risk for exhaustion here. From a trading standpoint, a good zone to reduce portions of long-exposure / raise protective stops- losses should be limited to 1.32 IF price is heading higher on this stretch with a close above the upper parallel needed to fuel the next leg of the advance.
-MB
GBPUSD pays attention to buying opportunities on pullbacksIn the 4-hour chart, GBPUSD broke through the triangle consolidation and bulls are currently in the lead. Currently, we can pay attention to the support around 1.335. If it falls back and stabilizes, we can consider continuing to buy. The upward target is 1.350-1.364.
GBPUSD H4 | Bearish Reversal Based on the H4 chart analysis, we can see that the price is testing our sell entry at 1.3431 which is a swing high resistance.
Our take profit will be at 1.3294 an overlap support level.
The stop loss will be placed at 1.3558, above the 161.8% Fibo extension.
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GBP Gains as Tariff Risk Stays LowThe British pound rose to $1.332, near its highest level since February 2022, supported by a weaker U.S. dollar. Sterling gained 3.2% in April, its best month since November 2023. The UK is seen as less exposed to U.S. tariffs, which President Trump has delayed until July. In 2024, the U.S. ran a $12 billion goods surplus with the UK, unlike its deficits with China and the EU, reducing trade risk. The pound also benefits from expectations that the Bank of England will be more cautious than others in cutting rates. Markets expect about 85 basis points of easing this year, which is in line with the Fed. Investors now await key U.S. jobs and inflation data for dollar direction.
If GBP/USD breaks above 1.3430, the next resistance levels are 1.3500 and 1.3550. Support levels are at 1.3200, followed by 1.3050 and 1.2960.
The Day Ahead Macroeconomic Data Releases (Market-Moving Potential):
US Data
ISM Manufacturing Index (April): A key indicator of manufacturing health; impacts USD, equities, and bond yields.
Total Vehicle Sales: Reflects consumer demand and manufacturing strength.
Construction Spending (March): Signals strength in real estate and infrastructure sectors.
Initial Jobless Claims: Weekly indicator of labor market health; influences Fed policy expectations.
UK Data
Net Consumer Credit & M4 (March): Provides insight into consumer borrowing and money supply growth; can affect GBP and BoE policy outlook.
Japan
Consumer Confidence Index (April): Influences sentiment on domestic consumption; impacts JPY and Nikkei index.
Canada
Manufacturing PMI (April): Indicator of economic activity; affects CAD and TSX.
Central Bank Activity:
Bank of Japan (BoJ) Policy Decision:
Key focus on any adjustments to yield curve control or forward guidance. High impact on JPY, Japanese equities, and global bond markets.
Corporate Earnings (High-impact, broad sector exposure):
Mega-cap Tech & Consumer:
Apple, Amazon, Airbnb, Roku, Wayfair, Reddit: Major influence on Nasdaq and sentiment in growth/tech stocks.
Financials & Payments:
Mastercard, Block, Blue Owl Capital, KKR: Insight into consumer spending and credit trends.
Healthcare:
Eli Lilly, CVS Health, Moderna, Stryker, Amgen: Updates on drug pipelines and healthcare services; influences biotech sentiment.
Industrials & Energy:
McDonald's, Linde, Harley-Davidson, Dominion Energy, United States Steel, Targa Resources, Howmet Aerospace: Read-throughs for global demand, input costs, and supply chains.
Other Key Sectors:
Estee Lauder (Luxury/Consumer), Duolingo & Twilio (Tech/EdTech), Live Nation (Services), Maplebear (Instacart), Cameco (Uranium/Nuclear): Diverse sector insights.
Other Notable Events:
UK Local Elections:
Though local, outcomes may indicate broader political sentiment, especially ahead of a potential general election. Moves in GBP, UK equities, and gilts possible if results hint at political instability or changes in economic policy outlook.
Trading Implications:
Equities: Expect high volatility due to major earnings releases and macro data. Sectors like tech, healthcare, and consumer discretionary could see significant moves.
FX: USD, JPY, and GBP in focus due to data and central bank developments.
Bonds: ISM, jobless claims, and BoJ decision may affect global yield curves.
Commodities: Vehicle sales and construction data may influence oil/metals demand expectations.
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The Day Ahead Wednesday April 30
Data: US Q1 GDP, employment cost index, April ADP report, MNI Chicago PMI, March core PCE, personal income and spending, pending home sales, China April official PMIs, Caixin manufacturing PMI, UK April Lloyds Business Barometer, Japan March retail sales, industrial production, housing starts, Germany April CPI, retail sales, import price index, unemployment claims rate, Q1 GDP, France April CPI, March PPI, consumer spending, Q1 GDP, Italy April CPI, March PPI, Q1 GDP, Eurozone Q1 GDP, Canada February GDP, Australia Q1 CPI
Central banks: ECB’s Muller speaks, BoE’s Lombardelli speaks
Earnings: Microsoft, Meta, Samsung, Qualcomm, Caterpillar, TotalEnergies, Airbus, Iberdrola, Santander, UBS, KLA, Equinix, GSK, Tokyo Electron, MediaTek, Equinor, Mercedes-Benz Group, Credit Agricole, Barclays, Volkswagen, CaixaBank, Deutsche Post, Haleon, Robinhood, Societe Generale, Humana, eBay, GE HealthCare, ArcelorMittal, Evolution AB, Repsol, Norwegian Cruise Line, Albemarle, Wingstop, Etsy
Auctions: US Treasury quarterly refunding announcement
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GBPUSD(20250430)Today's AnalysisMarket news:
The European Central Bank expects prices to rise 2.9% over the next 12 months, up from 2.6% in February, according to a monthly survey released on Tuesday. This is the highest level since April 2024. The three-year indicator rose slightly to 2.5%. The ECB's first five-year forecast was 2.1%.
Technical analysis:
Today's buying and selling boundaries:
1.3409
Support and resistance levels:
1.3471
1.3448
1.3433
1.3385
1.3370
1.3347
Trading strategy:
If the price breaks through 1.3409, consider buying, the first target price is 1.3433
If the price breaks through 1.3385, consider selling, the first target price is 1.3370
Pound Pressured by BOE Cut ExpectationsGBP/USD dipped to approximately 1.3425 during early Asian trading on Tuesday, as a slight rebound in the U.S. dollar put pressure on the pair. The dollar was supported by easing U.S.-China trade tensions, following China’s decision to exempt certain U.S. imports from tariffs, despite its denial of ongoing negotiations.
Meanwhile, expectations of a 25 basis point rate cut by the Bank of England in May continue to weigh on the pound. Markets are now focused on an upcoming speech by BoE Deputy Governor Dave Ramsden, with any dovish remarks likely to add further downside pressure on the GBP.
If GBP/USD breaks above 1.3430, resistance levels are at 1.3500 and 1.3550. Support is at 1.3200, followed by 1.3050 and 1.2960.