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U.S. Dollar / Pound Sterling

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USDGBP trade ideas

GBPUSD - Double Top Formation in Focus?The GBP/USD pair is currently trading at 1.3278, showing signs of consolidation within a well-established range after recovering from the early April lows near 1.2700. Price action over the past month has created a series of higher lows while repeatedly testing resistance in the 1.3400-1.3450 zone highlighted by the light blue rectangle. The higher probability scenario suggests that cable is likely to make another push toward this critical resistance area, potentially forming a double top with the early May peak around 1.3450. This technical formation would be significant for traders, as a successful breakout above this double top structure could trigger a substantial bullish move, while rejection might lead to a deeper correction. However, the current market structure and momentum favor an eventual upside resolution, with the green arrow indicating a potential target above 1.3450 if buyers can muster sufficient strength to overcome this formidable resistance level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by financialflagship
DON'T MISS OUT ON GBPUSD SHORTS IN W21 OF Q2 Y25GBPUSD SHORT FORECAST Q2 W21 Y25 DON'T MISS OUT ON GBPUSD SHORTS IN W21 OF Q2 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! 💡Here are some trade confluences📝 ✅Weekly order block rejection ✅Daily order block rejection ✅Intraday 15' order blocks ✅Tokyo ranges to be filled 🔑 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, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
GBPUSD Short Trade📉 Trade Type: Short Entry Point: Around 1.3270–1.3280, near the breakout of the triangle pattern (highlighted by the yellow circle). Chart Pattern: Symmetrical triangle breakdown with lower highs forming resistance. Current Price: ~1.32696 at the time of screenshot. 🎯 Targets & Stop Loss Stop-Loss (SL): Above triangle resistance / recent high → around 1.32889 Take-Profit (TP): TP1: 1.32464 (local support) TP2: 1.32168 (major support zone) Extended TP zone: Below 1.31744 if breakdown continues. 🔍 Technical Confluence Price rejected from strong resistance near 1.33049–1.33233. Red candles forming below trendline. Breakdown retest in progress at the triangle apex. ✅ Trade Idea Summary Risk-Reward Ratio: Looks favorable (R:R approx. 2:1 or more). Bias: Bearish due to triangle breakdown, retest confirmation, and lower high structure.
Short
by ProfittoPath
GBPUSD COT and Liquidity AnalysisCOT Report Analysis: We can see 6K drop in the longs. closed on the Tuesday highs, if they want to take prices higher, they will build a poosition on the lower prices. Hence, I think we will see a bearish week. Hey, what up traders, another week, another COT data and Liquidity report. This is a big part of my FX Trading. I'm always trying to trade with the Big players, so knowing their positions is a good thing. 📍Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again, we as retail traders have a disadvantage, but there is the possibility to read between the lines. Remember, in the report is what they want you to see; that's why prices mostly reverse on Wednesday after the report, so their cards are hidden as long as possible. However, if the trend is running, you can read it and use it to your advantage. 📍Tip: If the level has confluence with the high volume on COT, it can be strong support / Resistance. Analysis done on the Tradenation Charts Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. "Adapt what is useful, reject what is useless, and add what is specifically your own." Have a great trading week, see in the next report. — David Perk aka Dave FX Hunter ⚔️
Short
by David_Perk
8
ORB✅ Your Execution Plan Set Your Indicator Before Session Opens Use the ORB indicator on TradingView to auto-mark the high/low range Adjust time settings to match session window (1 or 2 hour range) Wait for a Candle to Close Outside the ORB Box Buy: Candle closes above the ORB high Sell: Candle closes below the ORB low Confirm With Structure Higher timeframe (4H/1H) aligns with breakout direction Candle should show strong body (no wick entry if using Heikin Ashi) Enter at Close or Retest Enter at the candle close or a retest of the ORB zone Set SL and TP Stop Loss: Inside opposite end of the range box Take Profit: Size of the ORB box or nearest clean level
by ChartGeq
GBP/USD potential shorts back downMy analysis revolves around a possible bearish reaction from the 2‑hour supply zones. If price does respect these zones, I’ll look for a sell setup to drive price lower—though I’ll approach with caution because there’s liquidity resting just above those points of interest. Should price push downward, my next target is the 10‑hour demand zone that triggered the recent change of character. This discounted area could spark a bullish response. Confluences for GU sells are as follows: - An unmitigated 4‑hour supply zone overhead. - A “sell‑to‑buy” scenario fits: price sits closer to supply and still needs a retracement. - Imbalance and untapped liquidity lie below, inviting a move south. - Liquidity has just been swept above, leaving a clean supply zone behind. P.S. If price punches through these supply zones and breaks structure to the upside, I’ll watch for the new zone that forms—there could be a nearer‑term long opportunity from there.
Short
by Hassan_fx
2
GBPUSD Technical Analysis! SELL! My dear followers, This is my opinion on the GBPUSD next move: The asset is approaching an important pivot point 1.3290 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.3252 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1