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U.S. Dollar / Pound Sterling

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USDGBP trade ideas

GBPUSD: Buy Entry Win. HOW LOL SO I was able to win this. idk how. but.. oh wait I know. Here's what I did right. 0. I checked the Levels (W>D>HR>KEY LEVELS) of the Forex Market pairs on Saturday. -I plan to keep re-assessing this every week, as practice, and to see how price is moving. 1. I assessed day bias & market intention. I guess I hit the nail on the head here. 2. Saw price trending up, so I plotted my fib and frvp. Confluenced with FVG. 3. Instead of entering on the OTE Zone, I waited to see if it would be respected. It did. 4. Instead of putting a limit entry, I set an alarm on my intended entry zone. So when it got hit, I setup my buy limit. -I think I can improve this by putting a buy stop limit on the OTE ZONE as entry trigger, and the actual buy stop at the intended entry zone. So, if OTE is HIT, then activate LIMIT ENTRY @ price breakout(the choch line) 5. I looked farther to the left to see what's a probable target. I found one, so I targeted it. It was the weekly & daily FVGs above. It's more or less lucky that I hit it? Price really just had a strong momentum... and before the momentum, it hit a bullish fvg below. What happens after price rebalances an FVG? It seeks liquidity on the opposite side. This is what happened. And I caught it right this time.
Long
by reventioaxie
GBPUSD Release the Bulls! 4/15 at 1:09pmHello this is my take on GBPUSD. Given the broader bullish trend in GBP/USD, I believe a long trade is the best play right now, but I’ll be watching key technical levels and upcoming news events to time my entry properly. Technical Indicators Supporting a Long Trade Trend Confirmation: The daily moving averages (EMA, MA, and TEMA) continue to show an upward trajectory, meaning GBP/USD remains in a solid bullish structure. The price is consistently trading above key averages, reinforcing the trend. The Aroon Oscillator (AROONOSC) on the 4-hour chart is at 85.71, showing strong bullish control. This suggests upward momentum is likely to persist. Momentum Indicators: Relative Strength Index (RSI) on the daily timeframe is 76—this does suggest overbought conditions, but in a strong trend, RSI can stay elevated for long periods. Instead of treating this as a reversal signal, I take it as confirmation that buying pressure remains high. Stochastic RSI (StochRSI) is also at 100 across multiple timeframes, indicating price exhaustion. While this could lead to a short-term pullback, it doesn’t necessarily mean a trend reversal—just that entering on a dip might provide a better price. Volatility and Market Conditions: Average True Range (ATR) is rising, meaning market volatility is picking up. This can be useful for timing entries—if I see a pullback within the rising ATR environment, it may be a good chance to enter before the next leg up. Fundamental Factors to Watch UK Employment Change (Feb) Beat Expectations: The UK added 206K jobs, smashing the consensus forecast of 95K. A strong labor market fuels economic stability and consumer spending, which in turn supports the British Pound. With employment data coming in hot, GBP could remain strong leading into the next major report. Upcoming GBP Inflation Data (Apr 16): UK inflation is forecast at 2.7% YoY for March, down slightly from 2.8%. If inflation remains stable or surprises higher, it could further support GBP, as traders anticipate possible moves from the Bank of England (BoE). US Retail Sales and Powell’s Speech (Apr 16): The US Retail Sales MoM is expected at 1.3%, but if it underperforms, it could signal weakening consumer demand and hurt the USD. Fed Chair Powell’s speech could be a major volatility driver—if he hints at slower rate hikes or economic softness, USD could weaken, lifting GBP/USD higher. US Jobless Claims (Apr 17): Initial jobless claims forecast at 225K—if this number comes in higher, it might reinforce concerns about a weakening labor market and put more pressure on the Fed to ease policy. My Trade Plan Given all of this, I’m looking for a long entry but waiting for confirmation on the hourly chart before entering. Ideal Entry: If GBP/USD pulls back to 1.3180–1.3190, I’ll look for buying signals (such as bullish candlestick formations or divergence in momentum indicators). If it breaks above 1.3245 with strong volume, that could confirm further upside, and I might enter on the breakout instead. Final Thoughts The uptrend is strong, but I don’t want to enter at the peak of an overbought rally. Instead, I’ll wait for a pullback or a breakout confirmation before committing to the trade. Additionally, I’m keeping an eye on how the UK inflation numbers and Powell’s speech shape market sentiment over the next 48 hours. All signs point toward GBP/USD continuing higher, but patience will be key in timing the best entry.
Long
by Sel_Ali
GBPUSD Will Go Up From Support! Long! Take a look at our analysis for GBPUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.308. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.320 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBP/USD Price Action Update – April 15, 2025📊GBP/USD Price Action Update – April 15, 2025🎯 🔹Current Price: 1.32018 🔹Timeframe: 15M 📌Key Support Levels (Demand Zones): 🟢1.31461 – Major Demand Zone (TP 2 – Wait for Confirmation) 📌Key Resistance Levels (Supply Zones): 🔴1.32575–1.32670 – Supply Zone (Marked on Chart – Watch for Rejection) 📈Bullish Scenario: Price is showing bullish structure and could push toward the 1.32575–1.32670 supply zone. A clean breakout and close above 1.32670 may signal further upside momentum. 📉Bearish Scenario: If price reacts bearishly at the supply zone, a reversal could drive GBP/USD down to the demand zone near 1.31461 (TP 2). Watch for confirmation before entering short positions. ⚡Trading Tip: ✅Wait for bearish confirmation (e.g., bearish engulfing or rejection wicks) in the supply zone before shorting. ✅If price breaks the structure with strong bullish momentum, reassess short entries and look for long opportunities. ✅Use strict risk management and a solid risk-reward ratio. #GBPUSD #ForexTrading #SmartMoneyConcepts #SupplyAndDemand #IntradaySetup #ScalpingStrategy #PriceAction #MarketStructure #FXFOREVER #LiquidityZone #TechnicalAnalysis #TradePlan
Short
by FXFOREVER_87
GBPUSD Analysis 4/14/2025 1:35pmI've been closely watching GBP/USD, and as of now (with the pair trading around 1.31808), I see it moving within a tight consolidation range—roughly between 1.307 and 1.320. Given that I'm near the upper end of this range, I feel that jumping in right away could expose me to potential reversals or whipsaw moves. My plan is to take a short position, but only after the market pulls back to around 1.316. I view that level as a more attractive entry point since it’s toward the lower side of the current consolidation. This strategy offers me a better risk/reward setup; I can tighten my stops (placing a stop loss above recent highs around 1.320) while aiming for a move down toward the support area, which I expect could be around 1.304–1.305 if the sell-off continues. In addition, there are several high-impact economic events coming up for both the UK and US—ranging from GBP retail sales and employment data to key US manufacturing, retail sales, and even a speech from Fed Chair Powell. With all that volatility on the horizon, I prefer to wait and see how the news plays out. This way, I can avoid being caught in erratic moves and let market sentiment become clearer before I commit to my trade. To sum it up: I'm planning to short GBP/USD by waiting for a pullback to about 1.316, with a stop set just above 1.320, and a target closer to the lower support around 1.304–1.305. This approach takes into account the current consolidation, technical signals (like overbought conditions), and the upcoming fundamental catalysts that could swing the market.
Short
by Sel_Ali
GBPUSD Analysis Update 4/14 10:18am, pending confirmationI've been closely analyzing GBP/USD this week, and here's my updated view based on all the technical indicators and fundamental data. Price Action & Key Levels Right now, GBP/USD is trading at 1.31537, after rejecting 1.320 resistance earlier in the session. The market made a strong attempt to break above 1.320, but sellers stepped in, causing a pullback. Given this rejection, I'm watching 1.317 closely—if price fails to reclaim that level, a bearish continuation toward 1.312–1.310 becomes increasingly likely. Technical Indicators & Market Signals Momentum & Trend Strength RSI: Short-term signals suggest price is consolidating (RSI at 48.78), while the daily RSI (76.08) indicates overbought conditions, meaning a larger pullback may be ahead. Aroon Oscillator: Weakening bullish strength, suggesting trend exhaustion. ADX: At 10.1 (1-hour), showing weak trend momentum, meaning price might stay range-bound or reverse lower. MACD: Mixed signals—some divergence appears, showing signs of a potential downward move. Fibonacci Retracement Levels (From 1.320 High) 23.6% retracement: 1.3172 → Minor resistance zone. 38.2% retracement: 1.3158 → Current price zone. 50% retracement: 1.3143 → Potential short-term support. 61.8% retracement: 1.3129 → Stronger support level. 78.6% retracement: 1.3110 → Critical breakdown point. If GBP/USD fails to reclaim 1.317, I anticipate further downside toward 1.312–1.311, where stronger support exists. Bollinger Bands Confirmation Upper Band (~1.320): Acted as resistance—price rejected this zone, confirming sellers stepped in. Middle Band (~1.315–1.316): Price hovering here—neutral consolidation phase. Lower Band (~1.312–1.313): If price breaks below 1.314, downward momentum is likely toward this level. Fundamental Factors Supporting Bearish Bias GBP Weakness: Expected softer BRC Retail Sales, Employment Change, and Inflation Rate data, which could weigh on GBP/USD. USD Strength: Strong Retail Sales figures and upcoming Fed Chair Powell’s speech might bolster the Dollar, adding further downside pressure to GBP/USD. Trade Setup & Execution Strategy Bearish Case: If GBP/USD fails at 1.317, I’ll look to enter short below 1.3155, targeting 1.312 or lower. Bullish Case: If GBP/USD reclaims 1.317, buyers could push price back toward 1.320 resistance. Conclusion At the moment, GBP/USD is at a decision point—while short-term indicators suggest some consolidation, rejection at 1.320 confirms bearish pressure. If sellers hold control, I expect price to move toward 1.312–1.311 in the coming sessions, making a short setup favorable. However, if price reclaims 1.317, buyers may attempt another test of 1.320 resistance.
Short
by Sel_Ali
GBPUSD INTRADAY Bullish breakout supported at 1.3014GBP/USD maintains a bullish bias, with the broader trend and structure supporting upside continuation. The recent intraday move appears to be a bullish breakout toward a key prior consolidation area. Key Support: 1.3014 – aligns with the previous consolidation zone and potential bullish inflection point. Upside Targets: 1.3255 – initial resistance level 1.3328 and 1.3418 – medium to long-term bullish targets If price finds support at 1.3014 and forms a bullish reversal, it would confirm the continuation of the uptrend toward the mentioned resistance levels. However, a break and daily close below 1.3014 would invalidate the bullish scenario, suggesting deeper retracement toward 1.2980, with further support at 1.2900 and 1.2815. Conclusion GBP/USD remains bullish above 1.3014. Look for a bounce from this level to confirm upside continuation. A daily close below 1.3014 would turn the outlook bearish, exposing lower support levels. 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
GBPUSD Are the Bears back? I've been analyzing GBP/USD closely, and here's my outlook for this week. The pair is currently trading at 1.31123, testing a significant resistance zone that has been crucial in recent sessions. Technically, short-term indicators show overbought conditions—the RSI on the 1-minute chart is at 87, and Stochastic RSI is at extreme levels, both signaling a high probability of a rejection from resistance rather than a continued breakout. Digging deeper into trend and momentum indicators, I see that ultra-short-term readings (such as the Aroon Oscillator on the 1- and 5-minute charts) are bullish, but longer-term indicators suggest waning momentum. Linear regression slopes and moving averages like KAMA and EMA indicate slowing upward momentum. Meanwhile, the Average True Range (ATR) is low, signaling consolidation rather than strong trend continuation. Considering these factors, I expect a retracement soon and am watching 1.308–1.307 as potential entry points. Fundamentally, things aren’t looking great for the Pound. GBP economic releases this week—including BRC Retail Sales, Employment Change, and Inflation figures—are expected to show weakness. Softer retail sales and job growth numbers could weigh on GBP further. Meanwhile, the USD is strengthening, with upbeat Retail Sales data and an important speech from Fed Chair Powell likely reinforcing the Dollar's momentum. Based on my analysis, I anticipate GBP/USD will move lower this week and am leaning toward a bearish trade. My plan is to wait for a rejection from resistance before entering a short position, ideally around 1.308 or lower. Please note things do change so let's see what this week brings :) !
Short
by Sel_Ali
GBPUSD(20250414)Today's AnalysisMarket news: Fed Collins: It is currently expected that the Fed will need to keep interest rates unchanged for a longer period of time. If necessary, the Fed is "absolutely" ready to help stabilize the market; Kashkari: No serious chaos has been seen yet, and the Fed should intervene cautiously only in truly urgent situations; Musallem: The Fed should be wary of continued inflation driven by tariffs. Technical analysis: Today's buying and selling boundaries: 1.3064 Support and resistance levels: 1.3245 1.3177 1.3133 1.2995 1.2951 1.2883 Trading strategy: If the price breaks through 1.3133, consider buying, the first target price is 1.3177 If the price breaks through 1.3064, consider selling, the first target price is 1.2995
Long
by BraveTigercat
GBPUSD Potential Bull run to 1.3400 Level At the beginning of the month of February we can see price changed to a bullish market structure where market managed to reach the mayor level 1.30 after the shift, in todays price point i do see a continuation on the bullish side for GU because if you look at the chart, price retraced perfectly and retested the initial trendline where the market shifted, after that we got a high volume weekly candle confirming that the trend is holding firm and wants to continue bullish, not only that, price also during the time GU was finding its ground for a move from 1.30 we can see price created a nice Support Level at 1.29 which price broke 1.29 but also 1.30 the mayor level and with not more bearish areas to clear out i do believe price will retrace to retest one or both of the Levels Broken ( 1.30 - 1.29 ) before pushing to 1.34, of course there are more confluences like a Daily FIB where if you take the lowest point ( around 1.25700) to the highest point where price faked out ( around 1.23 ) before retesting the Trendline we can see the 27 ext. be marked exactly at 1.34, not only that if price does come and retest 1.30 or 1.29 we will get that nice daily Inverted H&S Pattern where the Sentiment for GU will come out strong and therefor Traders will get a bullish perspective if they don't have it now. We do have some GBP and USD News for this week and if the DATA once released favors GU i do believe price will reach a PEAK at 1.36 ( 61 Ext. Daily FIB )
Long
by Jcasanova32