POSSIBLE SELL OPPORTUNITY ON GBPUSDPrice has fallen dramatically from an area of supply forming a classical reversal pattern. As price moves back up after encountering some demand, we have identified a supply level from which to join the sell trade.
USDGBP trade ideas
Potential bullish rise?The Cable (GBP/USD) has bounced off the pivot which is an overlap support and could rise to the 1st resistance.
Pivot: 1.3403
1st Support: 1.3319
1st Resistance: 1.3517
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GU BUY FROM MAJOR SUPPORT LEVELThe pound has been bullish against the dollar since mid January this year. As bullish pressure persists, we observe price as a previous resistance turned support, with current price action we can look to buy into weekly resistance level.
Potential bullish rise for the Cable?The price has bounced off the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.3399
Why we like it:
There is an overlap support level that aligns with the 50% Fibonacci retracement.
Stop loss: 1.3337
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Take profit: 1.3505
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
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GBPUSD in Downtrend ContinuationExpect the GBPUSD to fill the orders created by the imbalance and then continue the downtrend.
Sell Limit
Entry Price 1.3524
Stop Loss 1.3640
Risk 1%
TP 1.3292
Pound Steady as BoE holds ratesThe British pound is showing limited movement for a second straight day. In the European session, GBP/USD is trading at 1.3435, up 0.18% on the day.
The Bank of England didn't have any surprises up its sleeve as it held rates at 4.25%. This follows a quarter-point cut at last month's meeting. The MPC vote indicated that six members voted to hold while three voted to lower rates. The markets had projected that the vote would be 7-2 in favor of holding rates.
Today's decision to hold rates was widely expected, but that doesn't mean there aren't economic signals which support a rate cut. The UK economy is in trouble and GDP came in at -0.3% in April, its deepest contraction in 18 months.
The weak economy could desperately use a rate cut, but inflation remains stubbornly high and a rate cut would likely send inflation even higher. Annual CPI remained at 3.4% in May, its highest level in over a year.
The geopolitical tensions, most recently the war between Israel and Iran have led to greater economic uncertainty and complicated any plans to lower rates. The BoE is expected to lower rates one or twice in the second half of the year, with the direction of inflation being a key factor in the Bank's rate path.
The Federal Reserve held rates at Wednesday's meeting for a fourth straight time. The Fed noted that inflation remains higher than the target but said the labor market remains strong. President Trump has pushed hard for the Fed to lower rates but Fed Chair Jerome Powell has stuck to his position and repeated on Wednesday that current policy was the most appropriate to respond to the economic uncertainty.
GBPUSDOn the current GBPUSD chart, price action is exhibiting a bullish market structure with consistent higher highs and higher lows on the 4H and 1H timeframes. Price recently broke above a key internal range high, signaling strength from buyers and a likely continuation of the current trend.
Key Technical Points:
Structure Shift: After clearing previous liquidity above 1.2810, the pair established a new bullish internal structure, indicating strong momentum from institutional participants.
Demand Retests: We observed multiple retests of higher timeframe demand zones, which held cleanly with impulsive bullish reaction, confirming the presence of buy-side interest.
Volume and Momentum: Volume increased significantly on the last bullish leg, suggesting participation aligned with the directional move.
Trendline Support: A dynamic trendline from early June lows has acted as support and continues to guide the trend upward.
Cable bounces from $1.34 for nowCable’s established uptrend seems to have paused for now after a slight decline in British inflation and caution from the Bank of England. The BoE highlighted risks in both directions for inflation in its statement and press conference on 19 June while the Fed seemed more concerned about the possibility of rising inflation after its meeting the day before. There seems to have been some demand for the dollar as a haven in recent days as Israel’s war on Iran continues.
The intersection of $1.34 and the 50 SMA from Bands looks like an obvious static-dynamic support which might resist further testing unless there’s a significant change in narratives. The slow stochastic had been flirting with overbought at the start of the week but has now declined strongly, close to the zone of selling saturation.
Resistance is less of an obvious area. A new high seems possible in the near future but trading in the belief that the uptrend will continue seems to be risky in this situation; the risk of a false breakout looks quite high. A range might develop between approximately $1.34 and $1.363. Flash British PMIs on 23 June probably won’t have a strong impact here but a surprise from American final GDP on 26 June might bring a clearer direction.
This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.
GBP/USD HOLDS NEAR 1.3400 AFTER BOE RATE HOLDGBP/USD hovers around the 1.3400 mark following the Bank of England’s decision to keep interest rates steady at 4.25%, as widely expected. The hold reflects the central bank’s cautious approach amid slowing economic data and persistent global uncertainties.
Meanwhile, during the Asian session, the pair dropped sharply, hitting a one-month low of 1.3382, equivalent to a 0.24% decline on the day. The move was largely driven by a stronger U.S. dollar, which gained traction following the Federal Reserve’s hawkish tone on Wednesday. Additionally, investor sentiment was weighed down by growing concerns over potential U.S. military involvement in the Middle East conflict, further boosting safe haven flows into the dollar and pressuring the pound.
However, a rebound was observed during the European session, as the pair regained some ground. The recovery was buoyed by positive market reaction to BoE Governor Andrew Bailey’s remarks, which, while dovish in tone, provided a sense of stability
TECHNICAL VIEW
From a technical perspective, the pair remains in a clear downtrend, with lower highs and lower lows confirming bearish momentum, as sellers continue to dominate amid broader risk aversion in global markets.
In the face of heightened geopolitical tensions in the Middle East, safe-haven demand for the U.S. dollar has strengthened. This macro backdrop supports continued downside pressure on the pair. If the price breaks below the 1.3382 support, it will signal renewed bearish momentum, opening the door for further declines toward 1.3334, followed by 1.3253.
On the other hand, if buyers’ step and push the price above 1.3476, this would mark a break of the immediate market structure, potentially signaling a bullish reversal or short-term correction. In this scenario, the next upside targets would be 1.3579 and 1.3632, key resistance levels. Meanwhile break out of these levels are not ruled out.
Conclusively, while the prevailing trend remains bearish, volatility driven by geopolitical headlines and dollar strength could result in breakouts on either side.
GBPUSD(20250619)Today's AnalysisMarket news:
Fed's June meeting - kept interest rates unchanged for the fourth time in a row, and the dot plot showed two rate cuts this year, but the number of officials who expected no rate cuts this year rose to 7, and the rate cut expectations for next year were cut to 1. Powell continued to call for uncertainty, and the current economic situation is suitable for waiting and watching. He also expects tariff-driven inflation to rise in the coming months.
Technical analysis:
Today's buying and selling boundaries:
1.3432
Support and resistance levels:
1.3507
1.3479
1.3461
1.3403
1.3385
1.3357
Trading strategy:
If the price breaks through 1.3432, consider buying, and the first target price is 1.3461
If the price breaks through 1.3403, consider selling, and the first target price is 1.3385
GBPUSD shortPrice retested an area of interest and a orderblock. Price is also in downtrend. Price is also rejecting the area of interest and the 30min orderblock. The take profit and stop loss are indicated on the chart.
WILL THE GBPUSD DIP?Looking at that upward trendline I think the GBPUSD might sell down to the 1.34225 level or even sell further if it manages to break the resistance turned support thats near the upward trendline, and also considering the previous candlestick, a bearish pinbar, showing sellers are coming in, I dont plan on selling for long here.
GBPUSDSell. Market Execution. trade 1:2. risk 0.50%
we are going in sell because of the market respecting que sellers zone.
GBPUSdSeeing a really positive bullish movement for GU. Liquidity got swept and lows got taken out on daily and weekly
GBPUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
BOE in Focus: Market Awaits Policy Signal The Bank of England is widely expected to hold interest rates steady, with markets pricing in nearly two cuts by year-end, according to LSEG. ING’s Pesole notes the BOE may endorse this outlook — but warns risks lean toward signalling even more cuts, thanks to soft UK data lately.
📈 FX Check:
• EUR/GBP flat at 0.8548
• GBP/USD steady at $1.3417
📊 Tech View on GBP/USD:
Sterling may have topped near-term around 1.3632, just shy of the 2001 low. Watch the 1.3229 level (the 2025 uptrend) — holding here could mean recent weakness is just a correction. A break below? 🧐 That could hint at a deeper sell-off.
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My analysis on GBPUSD IDM present, Imbalance present, Order Block unmitigated. A good idea for sellers, use proper risk management.
GBPUSD Bullish continuation pattern supported at 1.3380The GBPUSD currency pair maintains a bullish price action structure, supported by the ongoing rising trend. Current intraday movement appears to be a corrective pullback within a consolidation phase, potentially offering a buying opportunity within the broader uptrend.
Key Technical Levels:
Support (Key Trading Level): 1.3380 (prior consolidation zone)
Additional Support: 1.3340 and 1.3300
Upside Resistance Targets:
1.3480
1.3550
1.3600 (longer-term target)
Bullish Scenario:
A bounce from the 1.3380 support would confirm the continuation of the bullish trend. Sustained upside momentum could then target 1.3480, with further extensions toward 1.3550 and 1.3600 over the medium term.
Bearish Alternative:
A confirmed daily close below 1.3380 would invalidate the bullish outlook and suggest deeper downside retracement. In that case, the next support levels to monitor would be 1.3340 and 1.3300.
Conclusion:
The bias remains bullish while GBPUSD holds above 1.3380. A rebound from this level supports long positions toward higher resistance zones. However, a break and close below 1.3380 would shift the outlook to neutral-to-bearish, favouring further downside correction. Traders should watch price action around 1.3380 for directional confirmation.
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GBPUSD Following Upward TrendGBP/USD remains subdued for the third consecutive session, trading around 1.3410 during the Asian hours on Thursday. The pair faces challenges as the US Dollar gains ground amid increased safe-haven demand, driven by escalating tensions between Israel and Iran
Bullish on GBPUSDNew York midnight opening Price took out higher sell side liquidity and gave way to a market structure shift to the upside leaving a 30m fair value gap. Took the median of the fair value gap and targeting the median of the range.
GBPUSD PROJECTIONmultiple confluences lead to this trade being taken, 1st entry 1:5 2nd entry 1:3.5
feel free to jump on this . replicate my parameteres
GBP-USD Swing Long! Buy!
Hello,Traders!
GBP-USD is trading in an
Uptrend along the strong
Long-term rising support
So after the pair falls down
To retest the rising support
We will be expecting a
Bullish rebound and a move up
Buy!
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GBPUSD SHORTThe GBP/USD pair has been showing signs of exhaustion after a recent rally, and I'm looking for a potential pullback to enter a short position.
While GBP/USD has shown resilience, the technical and fundamental setup suggests a potential short opportunity on a pullback. Confirmation through price action (e.g., bearish engulfing patterns, break of structure) will be crucial before entering.
