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U.S. Dollar / Pound Sterling

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GBPUSD Rally will Correct and ResumeThe Fed held rates at 4.50%, matching market expectations. Powell highlighted high uncertainty over the outlook, stressing that tariffs are a significant factor driving inflation expectations. Economic forecasts saw notable shifts: 2025 GDP growth was trimmed to 1.7% from 2.1%, while core PCE inflation was revised up to 2.8%. The US dollar weakened as the Pound surged, with GBPUSD touching a fresh 4‑month high. The concern amongst traders and myself is slowing growth and rising inflation. While the Fed holds rates steady, the USD will weaken, reflecting slower economic activity. I believe the GBPUSD rally will be short-lived since prices have rapidly increased. Trend: LSMA moving higher in a sharply vertical fashion Momentum: Overbought and due for a correction Japanese Candles: Bullish Engulfing on 1/20 supporting rally - smaller printed candles now Chart Pattern: None - channel too sharp to draw Support and Resistance: 1.2650 is Support, 1.3100 is Target Fundamentals: Next week U.K. CPI and PMI, U.S. GDP Trade: None - wait for the retracement Stop: None Target: None Risk:Reward is None
by positionforex
Trading GBPUSD | Judas Swing Strategy 18/03/2025Last week, the Judas Swing strategy only gave us 2 setups on FX:AUDUSD , but both hit their targets, locking in a solid 4% gain! Proof that patience and discipline always win in the long run. After these results, we were eager to see how the strategy would perform this week. And sure enough, a setup emerged on FX:GBPUSD on Tuesday! Let’s take you through how this trade played out On Monday, we scanned our usual currency pairs ( FX:GBPUSD , FX:AUDUSD , FX:EURUSD , OANDA:NZDUSD ) for potential setups, but none met our criteria so we stayed on the sidelines. Then came Tuesday, and a promising setup started taking shape on $GBPUSD. That got us excited and we were eager to see how this trade would unfold! After liquidity was swept from the lows of our range, our focus shifted to potential buying opportunities. To confirm our bias, we needed to see a break of structure to the upside before committing to the trade. Twenty-five minutes later, we got a break of structure to the upside, confirming our bias. This move left behind a Fair Value Gap (FVG), signaling an inefficiency in pricing. We now anticipate a retracement to fill this imbalance once that happens, we'll be ready to enter the trade The next five minute candle entered and closed in the imbalance which meant we could execute our trade using 1% of our trading account and aiming for a 2% return, ensuring our winners outweigh our losers. With this strategy maintaining a win rate of around 50%, sticking to it consistently positions us for long-term profitability After executing the trade, we faced a deep drawdown, a moment where many traders who over-leverage might panic as price edged closer to the stop loss. But we remained unfazed. Why? Because we only risked what we could afford to lose, staying disciplined and accepting whatever outcome the trade would bring—win or lose. Upon checking the trade once again, we noticed price had turned around and begun moving in our intended direction which was good to see but the objective had not been met so we had to be patient and wait for the final outcome of the trade After 3 hours and 15 minutes, our FX:GBPUSD trade finally hit take profit, securing a 2% gain so far this week, all from a well-managed 1% risk
by CleoFinance
The Day Ahead Thursday March 20 Data: US Q4 current account balance, March Philadelphia Fed business outlook, February leading index, existing home sales, initial jobless claims, China 1-yr and 5-yr loan prime rates, UK January average weekly earnings, unemployment rate, February jobless claims change, Japan February national CPI, Germany February PPI, Eurozone January construction output, Canada February industrial product price index, raw materials price index, Australia February labour force survey Central banks: BoE’s decision, Riskbank decision, SNB decision, ECB published economic bulletin, Lagarde, Lane and Villeroy speak Earnings: Nike, FedEx, Micron, Lennar, RWE, Accenture, PDD Holdings Auctions: US 10-yr TIPS Other: European Council meeting, through March 21 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
Sterling Stays Firm as Fed Highlights GrowthGBP/USD held near 1.3000 as sentiment stayed upbeat after the Fed reaffirmed 2025 rate cuts, though delayed. Markets still expect a 25 bps cut in June, with Powell highlighting strong US growth and a healthy labor market. The Fed lowered its 2025 GDP forecast to 1.7% from 2.1% and acknowledged trade policy risks but sees inflationary effects as short-lived. Focus now shifts to the BoE’s Thursday rate decision, with no changes expected. On Friday, the UK’s GfK Consumer Confidence is projected to fall to -21.0 from -20.0. If GBP/USD breaks above 1.3050, the next resistance levels are 1.3100 and 1.3150. On the downside, support stands at 1.2860, with further levels at 1.2800 and 1.2715 if selling pressure increases. 
by ChartMage
GBPUSD: HTF TA (2W)High Timeframe Technical Analysis: 2-Week Chart 📊 MARKET OVERVIEW The GBP/USD pair is currently in an uptrend. Based on the latest pivot analysis, price action has respected key pivot lows and is approaching critical pivot highs, which serve as resistance zones. 🔴 Sell Orders (Resistance Zones) Sell Order @ 1.43770⏳(Supply Zone) Sell Order @ 1.41784⏳ Sell Stoploss @ 1.37765 🚫 🔵 Buy Orders (Support Zones) Buy Order @ 1.0564 ✅ (Demand Zone) Buy Order @ 1.09872 ✅ Buy Order @ 1.16854 ✅ Buy Order @ 1.28425 📈(Current Level) TP 4 Target @ 1.35755💰 🟩 Current trend favors bullish continuation , with potential for price to break above 1.28425 and head towards the next resistance at 1.35755. 📈 Oscillator & Indicator Summary RSI (14): 60.00 (Neutral) Stochastic %K: 95.77 (Neutral - Overbought) CCI (20): 150.29 (Neutral) MACD (12,26): 0.00034 (Bullish Momentum) Momentum (10): 0.0767 (Bullish) 💡 Momentum and MACD indicate a bullish continuation, but Stochastic %K suggests overbought conditions, signaling potential consolidation or a minor pullback. 📉 Moving Averages Trend (Bullish) ✔ All major moving averages (10, 20, 30, 50, 100, 200) indicate a BUY signal ✔ EMA (200) @ 1.27390 and SMA (200) @ 1.27143 provide strong dynamic support ✔ VWMA (20) @ 1.26057 confirms buying pressure 📊 Trading Strategy & Recommendations 📌 Bullish Scenario 🔹 A break above 1.28425 could push GBP/USD towards 1.35755 🔹 If momentum persists, next resistance levels are 1.37765 - 1.41784 🔹 Buy entry can be considered near 1.26890 - 1.27560 with SL below 1.23683 ⚠ Bearish Risk Factors 🔹 Overbought indicators may cause temporary pullbacks 🔹 Resistance near 1.35755 could trigger retracement 🔹 If price drops below 1.23683, downside risk increases 🎯 CURRENT SETUP: ✅ Buy Entry @ 1.26890 - 1.27560 🎯 Target 1: 1.28425 🎯 Target 2: 1.35755 🛑 Stop-Loss: 1.23683 🔔 Monitor price action near the current pivot high and trade cautiously.
Long
by ProfessorCEWard