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British Pound / U.S. Dollar

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GBPUSD trade ideas

Understanding GBPUSDToday we will be taking a closer look at understanding GBPUSD . GBP -no global business -risk currency -more linked to the UK economy, politics, central banking USD -global business currency -safe haven globally -Petrodollar UNDERSTANDING THE CURRENCY PAIR -we have to understand that within this pair “ GBPUSD ” one is a “ risk ” currency ( GBP ). ( USD ) is a “ safe haven currency ” and is also known as the world reserve currency. During times of economic uncertainty our doubt , or during any periods of times where we have more $ strength, which can be induced by the FED central banking, interest rate hikes and so forth, we will always have the $ dominate, even if the other currency can have some short term strength. THE USD IS THE WORLD RESERVE CURRENCY What does this mean? -this means that the majority of INTERNATIONAL business is denominated in USD. We can see this very relevant when we are looking at the OIL industry and how oil is always exchanged in USD. Hence the name “PETRODOLLAR”.
Education
by FxPocket
GBP/USD: Downtrend Likely to ContinueThe GBP/USD is showing bearish signs, as recent data suggests a further downtrend could be in motion. The pair has failed to break the resistance at 1.2998, with the broader trend remaining negative. The UK government’s budget has raised borrowing costs, and the Bank of England is expected to cut interest rates further. This economic uncertainty, combined with strengthening of the USD, positions GBP/USD to potentially fall towards 1.2660. Continued weakness in the UK economy, alongside anticipated rate cuts, will likely pressure the pair lower​. This bearish outlook supports the idea of the pair moving lower in the coming weeks.
Short
by Charts_M7M
**Pound Slips Toward 1.2700 on Weak Fundamentals**GBP/USD Under Mounting Pressure: Reversal Patterns, Dollar Strength, and the Trump Effect The GBP/USD pair is showing clear signs of reversal, struggling to sustain momentum near recent resistance levels and failing to breach the liquidity zone, signaling a strong bearish outlook. The fundamental backdrop for the pound has shifted into negative territory, creating ideal conditions for a continued downtrend in this currency pair. Across financial markets, the U.S. dollar is surging, boosted by an array of macroeconomic and political forces. Market participants have taken note of the renewed strength of the dollar, especially amid growing confidence in a Trump electoral victory. Trump’s policies have consistently favored a strong dollar through economic and fiscal strategies, reinforcing demand for the currency. As a result, investors are starting to price in the likelihood of a reinforced dollar, with potential ripples across various asset classes, especially forex. Turning specifically to GBP/USD, there are several critical technical levels in play that could guide the pair’s trajectory in the near to medium term. In recent analyses, attention has been focused on key points at 1.2813 and 1.3050. These levels represent crucial thresholds: any sustained retest of support after a pullback to resistance could signal an increased probability of a breakdown. A successful retest of support, should it occur, could pave the way for further declines, with the technical and fundamental contexts aligning toward a bearish outlook. The current economic environment, therefore, remains unfavorable for the pound, particularly given that the dollar’s strength is being reinforced by shifting geopolitical and economic conditions. As the fundamental scenario develops, the path of least resistance for GBP/USD appears to be downward, with sentiment increasingly favoring a lower trajectory for the currency pair. Key Levels to Watch: Resistance Levels: 1.2940, 1.3000, and 1.3044 Support Levels: 1.2813, 1.2672, and 1.2500 A close look at the technical setup reveals that GBP/USD has re-entered a range bound by these resistance and support levels. At present, both the technical and fundamental backdrops are aligned for a continued move to the downside. The 1.2813 support level, in particular, represents a critical juncture. If the pair dips below this level, the likelihood of a deeper breakdown grows significantly, potentially opening the path toward the next support at 1.2672 and, in more pronounced bearish scenarios, toward 1.2500. Investors should be prepared for some pullbacks along the way, as volatility may trigger minor upward corrections. However, any such movements are likely to be short-lived unless there is a meaningful shift in the fundamental landscape. The role of news and upcoming economic data releases cannot be overstated in this dynamic environment. Market participants should stay attuned to potential changes in both economic indicators and policy announcements. Ongoing developments surrounding U.S. fiscal and monetary policy, particularly in light of Trump’s political momentum, will play a crucial role in defining the strength and stability of the dollar and, by extension, the weakness of GBP/USD. In summary, with both technical indicators and fundamental factors favoring the dollar, the GBP/USD pair seems poised for further losses. Careful monitoring of key support levels and geopolitical news will be essential as we await potential new lows in this currency pair.
Short
by lonelyPlayer0
GBPUSD D1 I Bullish Bounce off 78.6%?Based on the D1 chart analysis, we can see that the price is falling to our buy entry at 1.2553, which is a pullback support close to 78.6% Fibo retracement. Our take profit will be at 1.2807, a pullback resistance. The stop loss will be placed at 1.2410, which is a pullback support level. 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 (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘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 FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
1
GbpUsd near a very important pointAt the beginning of the month, GBP/USD made several unsuccessful attempts to reclaim the 1.30 level. Following these attempts, the pair saw a strong decline and is now trading below 1.27. However, GBP/USD is approaching a crucial point on the chart, and a potential reversal may be imminent. As shown in the posted chart, this zone is shaped by three key factors: the ascending trendline from a previously broken triangle, a descending trendline indicating a retest, and two important horizontal support levels. Additionally, with the DXY possibly nearing a correction , this could present buying opportunities in “cable.” My target for a potential reversal is the 1.2850 area.
Long
by Mihai_Iacob
GBPUSD Hits Key Resistance: Selling Strategy in FocusGBPUSD is targeting a recent selling zone as it encounters resistance around the 1.304 area. Previously a strong support level, this point has now been broken and stands as a new resistance, posing a solid challenge for the bulls. Additionally, the notable recent recovery of the USD against the pound has made investors more cautious about trading against the trend. From my perspective, I’m sticking with a selling strategy as shown on the chart, with a take-profit level set at 1.268. Happy trading, and feel free to share your thoughts with me!
Short
by Pierce_Bowers
1
Swing Alert !GBP/USD Lows Tested and a Return to Normal Trading Conditions While the trading in the GBP/USD was volatile it was not out of the ordinary. Traders with experience certainly knew fast conditions would be seen last week. Now that the U.S election is done and the Federal Reserve and Bank of England have acted, the coming week of trading will return to mostly normal trading conditions. Plenty of economic data will factor into trading in the coming days. The U.S will release CPI on Wednesday and another inflation report on Thursday, Britain will publish its growth numbers on Friday. The GBP/USD did manage to climb above the 1.29000 level and sustain its value going into the weekend. The price of the currency pair is hovering near price values seen in the middle of August. Trading in the GBP/USD has certainly been bearish since the last week of September and now it may be time to ask if risk adverse trading is overdone. Financial institutions have more clarity regarding outlook over the mid-term and considerations will be given again to the U.S Federal Reserve’s rhetoric. Early Trading and Equilibrium in the GBP/USD After a handful of rather turbulent weeks has been seen in Forex, including the GBP/USD, as financial institutions became cautious, speculators may believe the time is right to look for upside in the Forex pair. However, before day traders jump blindly into long positions they should make sure the current support levels are proving durable early this week. If the GBP/USD can maintain support above the 1.29100 level and begin to test higher prices before the U.S Consumer Price Index numbers this Wednesday it may show financial institutions believe there is some upside to achieve. However, for this to remain a belief and the GBP/USD to climb higher, it is likely the U.S CPI numbers will have to meet or come in weaker than estimated.
Long
by mohammadhassanli
1
GBP/USD Weakens Around 1.2665 as USD Gains MomentumAs I write, the GBP/USD pair continues to decline, currently hovering near the 1.2665 mark. The recent rally in the US Dollar has driven it to its highest level since November 2023, exerting pressure on the currency pair. Later today, Bank of England (BoE) Governor Andrew Bailey is scheduled to address the market, which could influence further movements. Recent data from the US Department of Labor Statistics indicated that the Consumer Price Index (CPI) rose by 2.6% year-on-year in October, aligning with market expectations. Additionally, the core CPI, which excludes volatile food and energy prices, increased by 3.3% year-on-year, also meeting forecasts. These figures have led analysts to believe that the Federal Reserve is likely to maintain its course for potential rate reductions at their upcoming December meeting. However, concerns are growing over former President Trump’s proposals to impose higher tariffs on imports, which could stoke inflation. This scenario might compel the Federal Reserve to reconsider its monetary easing strategy. Given the recent CPI data, it appears the US is making only moderate progress in controlling inflation, suggesting fewer interest rate cuts might be on the table for next year. Such dynamics are reinforcing elevated US Treasury yields, further bolstering the value of the USD across the board. From a technical standpoint, there are two key demand zones to monitor. Recent activity suggests that institutional investors are positioning for long opportunities, and seasonal trends appear to support this outlook. Patience will be crucial as traders await a consistent rebound in either of these two demand areas before considering long positions. For now, the USD is likely to maintain its strength against the GBP and other currencies. ✅ Please share your thoughts about GBP/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
by FOREXN1
3
GBPUSD - Is inflation under control in America?!The GBPUSD currency pair is located between EMA200 and EMA50 in the 4H timeframe and is moving in its downward channel. If the downward trend continues due to the release of today's economic data, we can see the demand zones and buy within those zones with the appropriate risk reward. In case of an upward correction, this currency pair can be sold within the specified supply zones. The Governor of the Bank of England noted that the UK’s Consumer Price Index (CPI) does not accurately indicate whether underlying inflation dynamics have been suppressed. There remains a risk of rising energy prices, and inflation within the services sector is notably resilient and persistent. He anticipates greater volatility ahead, with some inflationary drivers potentially shifting upwards. Additionally, according to new data from the Cleveland Federal Reserve, the inflation trend in the U.S. continues to remain above 2 percent. The Median CPI for the previous month was reported at 4.09 percent, a slight increase from 4.08 percent in the prior month. Since June, this measure has only seen a minor decline, from 4.15 percent to the current level. Median CPI is a monthly inflation indicator that measures price changes at the midpoint of a basket of goods. Although this method may differ from the standard CPI, it focuses on items that fall within the midpoint of the distribution. Charts within this report show that other inflation indicators are relatively stabilized, while the decline in the headline CPI is primarily due to a drop in energy prices, which is considered a temporary factor. According to the Federal Reserve Bank of New York, despite ongoing challenges, debt levels remain manageable. Although delinquency rates have risen, income growth continues to outpace household debt growth. In the third quarter, delinquency transition rates varied, with credit card delinquencies improving, while delinquency rates for auto loans and mortgages saw a decline. At the end of Q3, 3.5 percent of debt was in some stage of delinquency, up from 3.2 percent in Q2. Overall delinquency rates also increased during this period. According to the data, credit card balances in Q3 rose 8.1 percent compared to the same period last year, reaching $1.17 trillion, marking an increase of around $24 billion from Q2. Additionally, mortgage balances increased by $75 billion in this period, reaching $12.59 trillion.
Long
by Ali_PSND
GBP/USD Resumes Bearish TrendGBP/USD Resumes Bearish Trend Trump's victory in the US Elections has bolstered the US Dollar. The USD's strength this month has been tied to Trump's win, so it was anticipated that his victory would support further USD strength. The price has already dropped nearly 200 pips during the early hours of the European morning. It is likely that the price may continue to decline during the opening of the London and US markets, as trading volume is expected to increase significantly. The market still needs to fully absorb Trump's victory, which could lead to further short-term strengthening of the USD. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Short
by KlejdiCuni
6
GBPUSD 100PIPS Entry Point Selection: Identify a key support or resistance level for entry, depending on whether you’re looking to go long or short. Use technical indicators (e.g., trend lines, moving averages, Fibonacci levels) to confirm the trend direction and enhance the probability of reaching your target. Stop Loss (40 Pips): Place your stop loss 40 pips away from the entry point, ideally below recent swing lows for a long position or above recent highs for a short position. This tighter stop helps limit risk but requires precision in entry to avoid being stopped out by market fluctuations. Take Profit (100 Pips): Set your take profit level 100 pips away from the entry point, aligned with the general trend. GBP/USD has the volatility needed to reach a 100-pip target, especially if the market is trending strongly or news aligns with your trade direction. Risk Management and Timing: Ensure that the trade aligns with higher-volume sessions (like London or New York) to increase the likelihood of hitting your target within a reasonable time. A 1:2.5 risk-to-reward ratio can be profitable over time if trades are taken with confirmed trends or at optimal levels.
Long
by LORDOFTHETRADERS
GBP/USD Analysis on the 15-Minute ChartIn this analysis of GBP/USD, we’ve identified a key resistance zone highlighted in pink. This zone has acted as a strong barrier to price advances in the past, where sellers previously entered the market and pushed the price downward. Currently, the price is below this resistance level, and while it’s not approaching this zone at the moment, our strategy centers on what might happen if the price revisits this area. Based on historical price action, there is a high likelihood that sellers could step in again at this resistance, leading to a potential reversal and creating a shorting opportunity. Trading Plan: Observation Point: Monitor the price as it fluctuates within its current range. If it eventually rises back to the pink resistance zone, we’ll look for signs of rejection, such as a bearish candlestick pattern or reduced buying momentum, as confirmation to enter a short position. Stop Loss: Place a stop loss slightly above the resistance zone to minimize risk if the price breaks through unexpectedly. Profit Target: If the price reverses from this resistance as anticipated, the initial target will be the next support level, where buyer interest might increase. By planning ahead, this approach prepares us to react efficiently if the price reaches the resistance, allowing us to capitalize on potential market behavior based on previous patterns.
Short
by rebenga93