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U.S. Dollar / Pound Sterling

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USDGBP trade ideas

GBPUSD 4H MAJOR REVERSAL SETUP – WATCH FOR THE BREAK!Hey There; The Head & Shoulders (H&S) pattern in GBPUSD is becoming more defined, approaching a critical neckline level. If a breakout occurs, it could trigger a strong downward move, pushing the price toward new support levels. Right now, sellers are gaining strength while buyers attempt to defend key support zones. A confirmed close below the neckline could accelerate the sell-off. 📌 If the breakout happens, I’ll share target levels with you—stay tuned for updates I meticulously prepare these analyses for you, and I sincerely appreciate your support through likes. Every like from you is my biggest motivation to continue sharing my analyses. I’m truly grateful for each of you—love to all my followers💙💙💙
by TraderTilki
2
GBPUSD Trading Analysis ### 1. Overall Trend & Market Context - Bullish Momentum: GBPUSD is in a strong bullish trend, driven by DXY weakness (U.S. Dollar Index declining) and GBP strength. Key factors include: - Fundamental Drivers: - UK manufacturing contraction (less severe than expected) and rising housing prices. - U.S. dollar weakness due to manufacturing slowdown (ISM PMI at 48.5), trade tensions, and fiscal concerns. - Fed policy uncertainty (rates likely to remain unchanged post-May cut). - Technical Drivers: Higher lows and higher highs on the 4-hour chart, indicating trend continuation. ### 2. Key Technical Levels & Patterns - Support Zones: - 1.3490–1.3500: A critical support area (pullback retracement, 61.8% Fibonacci level). - 1.34420: Stop-loss level for long positions (below the liquidity pocket). - Resistance Levels: - 1.3580: Target for bullish breakout. - 1.37370: Next major resistance (1:2 risk-reward setup). - Patterns: - Bullish Flag: Breakout above key resistance (1.3430) followed by consolidation. - Broadening Wedge: High volatility pattern with widening highs/lows; potential for breakout (bullish or bearish). - Bullish Engulfing: Confirmed entry after breaking key support/resistance. ### 3. Trading Opportunities - Buy Zones: - 1.3490–1.3500: Entry on breakout from consolidation range (1.3500). - 1.35260: Buy limit for a liquidity hunt below minor intraday lows. - Take Profit: - 1.3580 (first resistance) and 1.37370 (measured move target). - Risk Management: - Stop-loss at 1.34420 (below support). - 1:2 risk-reward ratio for long positions. ### 4. Key Risks & Considerations - Bearish Scenarios: - Failure to hold above the breakout zone (1.3500). - Pressure from resistance at 1.3580. - Return to consolidation range, delaying the upside move. - Volatility: Broadening wedge patterns may fake out traders, emphasizing the need for strict risk management. ### 5. Fundamental Outlook - GBP Strength: UK economic data (housing, manufacturing) supports GBP. - USD Weakness: U.S. manufacturing slowdown, trade tensions, and fiscal concerns weigh on the dollar. - Fed Policy: Markets expect rate cuts to continue, further pressuring USD. ### 6. Final Notes & Disclaimers Stay disciplined, manage risk, and let the market confirm your trades. 📈 *Disclaimer: This is for educational purposes only. Trading involves risk; ensure you understand the risks before trading.*
Long
by teconlab
3
GBP/USD Forming Bearish Rising Wedge | Breakdown Expected Soon📈 GBP/USD – 1H Chart Analysis Price formed a Rising Wedge Pattern, which typically signals a bearish reversal. After a period of consolidation, the pair started trending upwards inside the wedge, but momentum appears to be fading. 🔍 Current Price: 1.35350 📉 Pattern: Rising Wedge (Bearish) If price breaks below the lower trendline, we could see a drop towards the following support levels: 🟡 Support Zones: 1️⃣ 1.30142 (1st support level) 2️⃣ 1.28735 3️⃣ 1.27081 ⚠️ Breakdown confirmation with volume is key. A failed breakout to the upside could also trap buyers before the real move down. 🔔 Stay alert for price action near wedge boundaries! 📌 Not financial advice. For educational purposes only.
by Smart_Trading_Strategy
3
GBPUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Long
by okako_trading
2
GBPUSD Holds Above 1.34 – Is 1.35 the Launch Pad?In last week’s GBPUSD outlook, I pointed to the 1.34 zone as a potential buy area and likely end of the correction. The market reacted as expected, reversing from 1.34 and rallying to 1.35. Toward the end of the week, a brief correction followed — but price held above 1.34 and has now returned to 1.35, printing a higher low in the process. 📌 From both a technical and psychological standpoint, 1.35 remains a key level. A confirmed break above could lead to a retest of the recent high — or even push for a new high. ✅ My bias stays bullish as long as 1.34 support remains intact. Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Long
by Mihai_Iacob
GBP/USD HEIST ALERT: Bullish Breakout or Bearish Trap?🌟 Hey! Hola! Ola! Bonjour! Hallo! Marhaba! 🌟 Calling all Market Robbers & Profit Pirates!💸💰 🔥 Thief Trading Intel: Our crew’s latest heist targets GBP/USD "The Cable"—bullish breakout incoming! Long entry only. High-risk Red Zone ahead: overbought, consolidating, and ripe for a reversal. Don’t get caught in the bear trap! 🏴‍☠️ "Take your loot and run, trader—you’ve earned this steal!" 💪🎯 🚪 ENTRY: The Heist Begins! 📈 "Wait for MA breakout (1.36000) then STRIKE—bullish profits await!" Option 1: Buy Stop above Pink Resistance (breakout confirmation). Option 2: Buy Limit at swing low/high (15-30 min TF). 📌 Pro Tip: SET AN ALERT! Don’t miss the breakout. 🛑 STOP LOSS: Escape Route 🔊 "Yo, listen up! 🗣️ Buy Stop orders? NO SL until after breakout! 🚀 Rebels: Place SL wherever—but you’ve been warned! ⚠️🔥 📍 Thief SL (Smart Crew): Recent/swing low (1.35000, 4H TF). 📍 Adjust based on your risk, lot size, and orders. 🎯 TARGET: Loot & Exit! 🎯 1.37500 (or escape early if the market turns!) ⚡ SCALPERS’ QUICK GRAB 👀 Long scalps ONLY! Big wallets? Raid now. Small stacks? Join swing traders. Trailing SL = Your Money Shield! 🛡️💰 📢 WHY THIS HEIST? (GBP/USD Bullish Momentum) "The Cable" is heating up! Key drivers: Fundamentals (COT, Macro Data) Sentiment & Intermarket Trends Future Targets & Score Outlook 🔗 Full intel? Bio links below! 👉👉 ⚠️ TRADING ALERT: News = Danger Zone! 📰🚨 News = Volatility Spikes! Protect your loot: ❌ Avoid new trades during news. 🔒 Trailing SL = Profit Lock. 💖 SUPPORT THE HEIST CREW! 💥 SMASH THAT BOOST BUTTON! 💥 More boosts = easier money grabs! Stronger crew = bigger heists! Profit daily with Thief Trading Style! 🏆🚀 Next heist coming soon—stay tuned! 🤑🐱‍👤🤩
Long
by Thief_Trader
2
Potential bearish drop?GBP/USD has rejected off the reistance level which is a pullback resistance and could drop from this level to our take profit. Entry: 1.3551 Why we like it: There is a pullback resistance level. Stop loss: 1.3590 Why we like it: There is a pullback resistance level. Take profit: 1.3446 Why we like it: There is an overlap support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
GBP/USD - Rejection of lower prices On GBP/USD , it's nice to see a strong buying reaction at the price of 1.34370. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Rejection of lower prices and high volume cluster are the main reasons for my decision to go long on this trade. Happy trading Dale
by Trader_Dale
GBPUSD: Potential Reversal After Strong RallyThe British Pound has shown strong gains against the US Dollar, approaching a key resistance area. After such an extended move, a correction or reversal would be a logical expectation. Technical Setup There is a clear series of bearish divergences on the CCI (14) indicator. Price is forming a narrowing rising wedge, which often signals trend exhaustion. Trade Plan Sell limit orders: 1.3690 and 1.3850 Market entry: Only after confirmation — either a trendline break or a moving average crossover Conclusion GBPUSD shows signs of weakening at the top. I remain focused on short setups from resistance areas, waiting for confirmation to act.
Short
by InvestWorld_777
1