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British Pound / U.S. Dollar

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The_Smc_Trade
GBPUSD gbpusd sell now ✅

entry point (1.35370) (1.35300)

TAKE PROFIT 1: (1.35050)

TAKE PROFIT 2: (1.34650)

LAST TARGET 1.34350()

STOP LOSS (1.35600)
GBPUSD
2/2 Summary of Key Levels

Daily & 4-Hour Support and Resistance

Daily Support: 1.35000, 1.34564, 1.34000
Daily Resistance: 1.35934, 1.36000, 1.36500

4-Hour Support: 1.35200, 1.35050, 1.34800
4-Hour Resistance: 1.35750, 1.35850, 1.36000

Exponential Moving Average (EMA) Levels

Daily EMA 50: 1.35300
Daily EMA 100: 1.35100
Daily EMA 200: 1.34750
Daily EMA 400: 1.34300

4-Hour EMA 50: 1.35550
4-Hour EMA 100: 1.35300
4-Hour EMA 200: 1.35000
4-Hour EMA 400: 1.34600

Weekly Pivots

Pivot Point: 1.35450
Resistance 1: 1.35700
Support 1: 1.35200

Daily Pivots

Pivot Point: 1.35500
Resistance 1: 1.35800
Support 1: 1.35250

Fibonacci Retracement Levels

23.6%: 1.35188
38.2%: 1.35400
50.0%: 1.35249
61.8%: 1.35700

Fundamental Analysis and Upcoming USD News

As we look ahead, it's crucial to consider the upcoming economic events that may impact the GBPUSD market. This week, the following USD news events are on the calendar:

CPI Data Release: Scheduled for June 15, 2025. This data will provide insights into inflation trends, which are critical for monetary policy decisions.

FOMC Meeting Minutes: Set for June 17, 2025. Insights from this meeting could provide clues about future interest rate changes and economic outlooks.

Retail Sales Data: Expected on June 18, 2025. A strong retail sales report could bolster the USD, impacting the GBPUSD negatively.
These events can significantly influence market sentiment and price action, making it essential for traders to stay informed.

Conclusion

In conclusion, the GBPUSD market presents several opportunities for traders, driven by technical indicators and upcoming economic events. As we monitor the market, staying aware of key support and resistance levels, EMAs, RSI divergence, order blocks, and MACD signals will be crucial for informed trading decisions. As always, ensure to manage risk effectively and adapt strategies based on evolving market conditions.
GBPUSD
1/1 🟡 GBPUSD Daily Market Analysis—June 13, 2025

Introduction

In today's analysis, we will delve into the GBPUSD currency pair, currently trading at 1.35512 USD. This report will cover critical market indicators, including support and resistance levels, Fibonacci retracement levels, Exponential Moving Averages (EMAs), RSI divergence, order blocks, and MACD analysis on both daily and 4-hour timeframes. Additionally, we will highlight important upcoming USD news that could impact the GBPUSD market.

Market Overview

Current Price: 1.35512 USD

The GBPUSD has shown a robust performance, reflecting the ongoing dynamics between the British Pound and the US Dollar. As we analyze the market, we will focus on various indicators to provide a comprehensive overview of potential price movements.

Support & Resistance Levels

Daily Timeframe

Support Levels:

1.35000: A significant psychological level that has previously acted as support.
1.34564: The recent swing low, indicating a strong level of buying interest.
1.34000: Another key support level that traders should monitor.

Resistance Levels:

1.35934: The recent swing high, acting as a formidable resistance level.
1.36000: A psychological resistance level that traders often watch closely.
1.36500: This level has historically been a point of resistance.

4-Hour Timeframe

Support Levels:

1.35200: A recent low that has shown buying pressure.
1.35050: A minor support level where price action may bounce.
1.34800: Another potential support that traders should keep an eye on.

Resistance Levels:

1.35750: A nearby resistance level that could limit upward movement.
1.35850: Close to the current market price, this level is crucial for short-term traders.
1.36000: A strong resistance level that aligns with daily analysis.

Fibonacci Retracement Levels

Using the recent swing high of 1.35934 and swing low of 1.34564, we can identify the following Fibonacci retracement levels:

23.6%: 1.35188
38.2%: 1.35400
50.0%: 1.35249
61.8%: 1.35700

These levels provide critical insights into potential reversal points and areas of interest for traders.

Exponential Moving Averages (EMA)

Daily Timeframe

EMA 50: 1.35300
EMA 100: 1.35100
EMA 200: 1.34750
EMA 400: 1.34300

4-Hour Timeframe

EMA 50: 1.35550
EMA 100: 1.35300
EMA 200: 1.35000
EMA 400: 1.34600

The EMAs provide a dynamic view of the market trend, indicating potential support and resistance areas based on moving averages.

RSI Divergence

The Relative Strength Index (RSI) currently shows a divergence on the daily timeframe. While the price has reached a swing high of 1.35934, the RSI indicates a lower high, suggesting potential weakness in the upward momentum. This divergence could signal a reversal or a pullback in price, making it essential for traders to stay vigilant.

Order Blocks

Order blocks are pivotal areas where institutional traders have placed significant orders. In the current market context, we identify the following:

Bullish Order Block: Located around 1.35000 - 1.35200, where buyers have previously stepped in.
Bearish Order Block: Found near 1.35750 - 1.35934, indicating selling pressure.

These order blocks can provide insight into potential price reactions and are crucial for understanding market sentiment.

MACD Analysis

The Moving Average Convergence Divergence (MACD) indicator is currently showing a bullish crossover on the daily timeframe, suggesting upward momentum. However, traders should be cautious, as the histogram is beginning to flatten, indicating that the momentum may be waning. Monitoring this indicator closely will be essential for identifying potential entry and exit points.
pleasedBird69422
GBPUSD as said yesterday it was last chance for longs to take profit above 1.36, i think it is unlikely that we will see those levels again in near future
1 Gbp is not strong - weak employment data, weak gdp data, highest level of uk government debts in decades, immigration crisis, there is absolutely no reason for GBP to be at this levels
2 yes USD is weak at the moment but this is exactly what Trump said before taking office, he wants weak usd but likely only for first part of his presidency
3 escalation in middle east, depending how long this will last and how it evaluate could potentially support usd, raising oil prices will also support usd,
4 once gbp usd start falling it will trigger more sales as it has been over brought for a while,
5 needs healthy correction after 1600 pips move to the upside from beginning of 2025