GBPUSD_SPT trade ideas
GBPUSD(20250424)Today's AnalysisMarket News:
The United States hit a 16-month low in April. The total number of new home sales in the United States in March was an annualized to a new high since September 2024.
Technical analysis:
Today's buying and selling boundaries:
1.3274
Support and resistance levels:
1.3379
1.3340
1.3314
1.3234
1.3209
1.3170
Trading strategy:
If the price breaks through 1.3274, consider buying, the first target price is 1.3314
If the price breaks through 1.3234, consider selling, the first target price is 1.3209
Long trade
15min TF Overview
📈 Buyside Trade – GBPUSD
Date: Wednesday, 23rd April 2025
🕘 Time: 8:55 AM (New York Time)
📊 Session: London Session AM
⏱ Entry Timeframe: 5 Minutes
🔹 Entry Price: 1.33029
🔹 Take Profit: 1.33829 (0.60%)
🔹 Stop Loss: 1.32958 (0.05%)
🔹 Risk-Reward Ratio: 11.27
🧠 Trade Rationale & Execution Notes: (Market Context)
Identified a strong bullish structure in the LND session with price respecting prior demand zones.
📉 Volume & Price Spread Insight: Medium to higher volume consistency shows on the Volume spread analysis indicator, providing additional validation of buying interest to add confluence to the directional bias.
5min TF
GBPUSD Analysis 10:06AM. Are the Bear's stepping in? I’ve been watching GBP/USD closely as price continues to slide, now reaching 1.32848. The initial rejection near 1.33250 confirmed institutional sell pressure, and the breakdown below 1.32950 suggests further downside movement.
At this stage, price is sitting just above the 1.32750–1.32800 support zone, which could act as a temporary demand level. If buyers step in here, we might see a corrective bounce toward 1.33050–1.33250, but only with solid confirmation. However, fundamentals remain bearish—UK Services PMI dropped to 48.9, signaling economic contraction, adding further weight to GBP downside.
Technical indicators reinforce the sell-side momentum. MACD remains weak, indicating sellers still control the market. RSI near 41.70 suggests there’s room for further declines but signals that price is approaching oversold territory. The ADX at 29.52 confirms a developing trend, though not yet fully directional.
Given these conditions, my plan remains focused on a sell setup near 1.32950, using it as a retest level. If price rejects this zone, it strengthens the short bias toward 1.32700, a key liquidity target. On the other hand, if price stabilizes at 1.32750–1.32800, I'll reassess whether institutional players are absorbing sell orders for a potential reversal.
Right now, my focus is on price reaction near support. If sellers keep control, this drop could extend further, but if signs of buy-side defense appear, a temporary bounce may develop. I'll wait for clear confirmation before executing my next position.
GBPUSD SHORT FORECAST Q2 W17 D23 Y25GBPUSD SHORT FORECAST Q2 W17 D23 Y25
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!
🔑 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, shall see you at the very top.
🎯Trade consistent, FRGNT X
GBPUSD 23.04.2025If price clearly rejects the 1.3335 level (with a strong bearish M15 candle), one might consider a SELL setup with a potential stop-loss above 1.3350 and targets around 1.3310 / 1.3300.
If M15 closes above 1.3345, this could indicate a potential BUY opportunity, aiming for 1.3375 with a stop-loss placed below 1.3320.
Disclaimer: This is not financial advice, just a personal opinion based on chart analysis.
Cable H1 | Approaching an overlap supportCable (GBP/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.3200 which is an overlap support.
Stop loss is at 1.3110 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement.
Take profit is at 1.3415 which is a multi-swing-high resistance.
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BullI was trained to trade what I see and not what I think. It’s all type of confluences that say a sell. But my break and retest is playing strong , so I did put in a buy for this pair because it broke my consolidation and res tested it so I believe it will go up now but let’s see. I’m prepared for anything.
GBPUSD - NEXT STOP @1.34343?1. MARKET OVERVIEW
GU has been on a very strong uptrend since January so i'm expecting that momentum to continue this week aiming for the old high @1.34343 which is also the Previous Year's High (PYH) and a Key Level.
2. KEY LEVELS I'M WATCHING
* Draw On Liquidity(DOL): 1.34343
* Point Of Interest(POI): 1.32411 - 1.32500
3. TRADE BIAS & SCENARIOS
I'll stick on being bullish for the rest of the week until price gets to my target which is the PYH(Previous Year High). I'll execute on my buys only if price trades to my POI before trading to my target, on the condition that price trades higher early in the week and gets to my target(without first trading to my POI) i'll cancel my trade order and switch neutral on my BIAS.
4. FINAL NOTE
Patience is key, i'll wait for price to come to me and not chase price.
Tell me what you guys think about this in the comment.
GBPUSD Analysis 4/22 4:51pmGBP/USD Analysis – Institutional Liquidity, Price Action & Trade Setup
Right now, I'm analyzing GBP/USD at 1.33287 in the context of institutional behavior, technical indicators, and upcoming economic events. My focus is on institutional liquidity absorption at resistance, monitoring key levels for an optimal entry.
Technical Overview
Resistance Zone: 1.33895–1.34234 has been a critical level where price struggled to break higher, suggesting institutional absorption.
Support Zone: 1.33200–1.33150 remains an area where buyers could step in, but if it fails, the next downside target is 1.32677–1.32864.
Momentum Indicators: RSI (66.15 on the hourly) signals strong momentum, but MACD shows slight bearish divergence, hinting at trend exhaustion.
ADX Strength: The 30-minute ADX at 73.43 confirms trend momentum, but the hourly ADX at 17.12 indicates slowing movement, signaling potential institutional positioning.
Price Action Insights
Lower Highs Forming: Each successive high has been failing, reinforcing the idea that sellers are stepping in at resistance.
Liquidity Absorption at 1.33895–1.34234: Institutional players might be taking the other side of buy orders, meaning a trap for retail longs before a drop.
Bearish Rejection at 1.33450–1.33600: If price pulls back to this zone and prints a long upper wick, it confirms sell-side control.
Volume Profile & Institutional Activity
Volume Clustering at Resistance: Previous highs show volume absorption rather than continuation, reinforcing a bearish bias.
Delta Imbalance Considerations: Watching sell-side aggression near key levels to confirm institutional pressure.
Accumulation/Distribution Patterns: Weekly AD is negative, indicating some distribution rather than accumulation.
This approach ensures I'm trading with institutional positioning rather than chasing price movements. I remain patient, watching key zones for liquidity absorption before executing.