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U.S. Dollar / Pound Sterling

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USDGBP trade ideas

GU Weekly shoot up a bit?Welcome back! Shiok or not, 4 weeks break from the Weekly TF? Now Weekly TF is back in action, and guess what—last week's close is like barely above the mid BB, but hey, CSAK confirmed for Weekly TF. That means time to long to TP 1.27753 with SL at 1.22246. Somemore, looking at the H4 TF, all the MAs are above the mid BB. Yeah yeah, I know, not the highest probability setup for a pump, but combine that with the Weekly TF? Sounds like a solid recipe for it to shoot up. 🚀 Let’s gooo! Hopefully, the market still sayang us. Otherwise, we just close eyes and wait for it tp hit SL LOL. 😂🔥
Long
by Penglipur_Lara
GBPUSD Approaching Key Resistance — Will It Drop to 1.27720?OANDA:GBPUSD is approaching a significant resistance zone, an area where sellers have previously stepped in to drive prices lower. This area has acted as a key supply zone, making it a level to watch for potential rejection. If price struggles to break above and we see bearish confirmation, I anticipate a pullback toward the 1.27720 level. However, a strong breakout and hold above resistance could invalidate the bearish outlook, potentially leading to further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
3
Cable surges, eyeing $1.30Cable has massively outperformed in recent days due to a range of different factors. Probably the most important of these has been less dovish expectations for the Bank of England this year after various members of the Monetary Policy Committee highlighted risks of higher inflation due to relatively strong earning and job data. Sentiment also received a boost from rumours that the UK might be able to strike a trade deal with the USA and avoid tariffs entirely. Such a textbook three soldiers pattern on the daily chart of a major forex pair is extremely rare and probably shouldn’t be considered a reliable buy signal in itself given the recent strong fundamental drivers. Although buying volume has increased this week, the price is very strongly overbought. $1.30 as a round number is a clear potential resistance while it might be possible to see the 50% monthly Fibonacci retracement around $1.27 flipping to a zone of support. A positive NFP might drive a significant retracement in the immediate aftermath. However, this could provide an opportunity for new buyers depending on any further news of trade wars. Next week’s inflation from the USA is also key for sentiment on the dollar generally and specifically when the Fed might cut next. This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.
by Michael_Stark_Exness
GBP/USD - Institutional Backed Long Setup📌 Trade Execution & Technicals Pair: GBP/USD Timeframe: 15M Trade Type: Long Position Entry: 1.2816 – Price rejected key Fibonacci retracement level (0.62 Fib) after a liquidity sweep Stop Loss: Below 1.2800 Take Profit Levels: TP1: 1.2862 (-0.27 Fib extension) ✅ Target TP2: 1.2883 (-0.62 Fib extension) ✅ Target Technical Confluence: Fibonacci Retracement Levels: Price bounced off the 0.62 retracement (1.2816) Market Structure: Higher low formation confirmed bullish continuation Institutional Liquidity Grab: Price swept sell-side liquidity before reversing bullish 📊 Trade Outcome ✅ High-Probability Long Setup Both TP1 & TP2 levels hit with strong bullish momentum Risk-to-Reward Ratio (RRR) > 1:3 Price action confirmed bullish institutional positioning 🌍 High-Impact News That Influenced GBP/USD UK S&P Global Services PMI (Actual: 51.0 vs Forecast: 51.1) – Slightly weaker, but still expansionary US ADP National Employment (77K vs Forecast: 140K) – Weaker than expected, USD pressured BoE Treasury Select Hearing (Hawkish Bias) – Supporting GBP strength US ISM Manufacturing Prices & Business Activity Upcoming – Expected to increase USD volatility 💡 News Summary: Weaker-than-expected US jobs data pressured the USD, providing momentum for GBP/USD upside GBP remained resilient despite mixed PMI data, benefiting from USD weakness 📈 Volatility & Liquidity Insights 🔍 Prime Market Terminal Key Data: GBP/USD Average True Range (ATR): 1-week ATR: 0.81% 1-month ATR: 0.86% Institutional Liquidity Insights: High liquidity buildup in the 1.2800-1.2820 range, acting as support Strong order flow pushing GBP/USD higher post-US employment data release 🏦 Institutional Positioning & Market Flow 📊 Commitment of Traders (COT) Data & Smart Money Insights: Dealer Positioning: GBP Net Positioning: +56,707 contracts (Bullish institutional sentiment) USD Net Positioning: -11,542 contracts (Bearish outlook on USD) Open Interest & Retail Sentiment: Retail Short Bias: 72% Short, 28% Long – Potential short squeeze Smart Money Accumulation Zone: 1.2800-1.2820 📌 Conclusion 🔹 Why This Trade Worked: ✔ Liquidity Grab Below 1.2816 Before Reversal ✔ Institutional Positioning Confirmed Bullish Momentum ✔ Weaker US Jobs Data Weighed on USD, Pushing GBP/USD Higher 🚀 Next Steps: Monitoring 1.2860 for continuation towards 1.2900 key level Watching upcoming US ISM data for potential volatility spike 🔥 What’s your outlook on GBP/USD? Comment your thoughts below!
Long
by LDForex_
GBPUSD - Retracement to the trendline?The GBP/USD pair has exhibited a strong bullish trend since its January lows, currently trading at 1.2876. After reaching recent highs, the price is now at a critical decision point as shown by the chart's resistance area (upper red box) and ascending trendline. The sharp upward movement followed by the recent pullback suggests potential exhaustion of buying momentum, with the red downward-pointing arrows indicating a possible corrective phase ahead. Two scenarios appear most likely from this technical formation: either price continues higher to break above the upper resistance box before initiating a correction, or an immediate correction begins from current levels. In both cases, the lower orange box around the 1.2700-1.2720 area serves as a reasonable target, as does the ascending trendline (marked by the red dashed line) that has supported the uptrend since January. Traders should watch for potential reversal signals or consolidation patterns to confirm which scenario is unfolding. As always don't jump into trades and wait for confirmation! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by financialflagship
GBPUSD is in the Selling DirectionHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
1
GBPUSD - Dollar’s ​​view on jobs data!The GBPUSD pair is above the EMA200 and EMA50 on the 4-hour timeframe and is moving in its ascending channel. In case of a downward correction, the pair can be sold to narrow it. Last week ended with an unexpected shock for economists: estimates pointed to a significant trade imbalance in the United States for January, primarily driven by a sharp surge in imports. The data indicated that U.S. businesses had made extensive efforts to ramp up foreign purchases ahead of the imposition of new tariffs. Economic analysts expressed concerns that this trend could negatively impact U.S. GDP growth in the first quarter of 2025, as increased imports are typically subtracted from gross domestic product calculations. However, Goldman Sachs experts presented a different perspective. They argue that the unexpected surge in imports was mainly due to an influx of gold bars into the U.S.—a trend that reflects the dynamics of the global precious metals market and the price disparity between gold in London and New York. According to data cited by Goldman Sachs, the U.S. imported approximately $25 billion worth of gold in January, meaning that a substantial portion of the commodity trade deficit was driven by gold transactions. Since gold is generally considered a financial asset, these imports are not factored into GDP calculations. As a result, the actual economic impact of this growing trade deficit may be significantly lower than initially perceived. Currently, financial markets anticipate a 77-basis-point rate cut by the Federal Reserve this year. However, this expectation largely hinges on the trajectory of inflation. At the same time, uncertainty surrounding tariff policies remains high. A new report from the New York Federal Reserve indicates that inflation expectations among businesses have risen. According to the report, projected inflation for the next year has increased from 3% to 3.5% among manufacturing firms and from 3% to 4% among service-based companies. Additionally, many businesses foresee a significant rise in operational costs in 2025. Meanwhile, market pricing suggests that traders no longer expect the Bank of England to implement two rate cuts this year. Taylor, a member of the central bank, stated that every policy meeting carries great importance. He noted that the output gap—the difference between actual and potential production—may be larger than previous Bank of England estimates. Taylor emphasized that monetary policies should gradually return to normal and that a cautious approach is necessary when dealing with multiple price shocks. Furthermore, Andrew Bailey, Governor of the Bank of England, stressed that the economic outlook remains uncertain, with risks moving in both directions. He stated that while inflation is expected to rise, it will not resemble the severe inflationary periods of recent years. According to Bailey, decisions on rate cuts will depend on inflation trends, which have so far remained within an acceptable range. He also noted that the likelihood of second-round inflationary effects—where slowing economic growth leads to renewed price pressures—has diminished.
Short
by Ali_PSND
Pound Surges on BoE Policy OutlookThe British pound climbed to 1.289, its highest since November 12, increased by a weaker dollar, US economic concerns, and tariff effects. Expectations of prolonged high UK rates also supported the pound. BoE Deputy Governor Ramsden warned of persistent wage-driven inflation but noted rate cuts could accelerate if needed. The pound appears less exposed to US tariffs after Trump hinted at a possible UK trade deal. If GBP/USD breaks above 1.2920, the next resistance levels are 1.2980 and 1.3050. On the downside, support stands at 1.2860, with further levels at 1.2760 and 1.2660 if selling pressure increases.
by ChartMage
Fundamental Market Analysis for March 6, 2025 GBPUSDThe GBP/USD pairing pressed the accelerator pedal and produced another strong session on Wednesday, rising a further 0.85% and marking a third consecutive session of solid gains. Despite warnings that the UK economy as a whole is weakening, markets rose following Wednesday's Bank of England (BoE) monetary policy hearing. Bank of England Governor Andrew Bailey said inflation is expected to rise moderately despite weaker growth figures, prompting markets to adjust expectations of a rate cut before the end of 2025. Rates markets now expect less than 50bp of overall interest rate cuts before the end of the year. ADP's employment change for February showed just 77k new jobs, well below the forecast of 140k and March's 186k. Despite this, ADP results have not consistently correlated with Non-Farm Payrolls (NFP) since the reporting change in 2022, so the low reading is of little significance. There is little of note on the UK side of the economic data list this week, so the key data for traders remains US Non-Farm Payrolls (NFP), which will be released this Friday. Trading recommendation: BUY 1.2900, SL 1.2820, TP 1.3050
Long
by Fresh-Forexcast2004
Gpbusd today analysisSupport Levels: 1. Support Buy Area – Around 1.2900 This is where buyers may step in to push the price higher. 2. Support Sell Area – Around 1.2850 – 1.2800 If the price drops below this, a bearish move may continue. Resistance Levels: 1. First Resistance Area – Around 1.2950 – 1.3000 If the price reaches this level and fails to break through, a pullback might occur. 2. Major Resistance – Above 1.3000 If the price breaks this level, a strong bullish rally could continue.
Long
by James-Loen360
GBP/USD - Trading Idea (Macro + Technical Outlook)Macro Context: All eyes are on today’s ECB meeting, with a rate cut to 2.00% widely expected. However, the real driver of volatility will be the press conference and how the ECB frames the outlook for future rate cuts. Markets are increasingly uncertain about how far the ECB can go with easing, caught between slowing economic growth and inflation risks that are not fully under control. If Lagarde hints at a cautious approach, the EUR could strengthen initially, putting pressure on GBP/USD in the short term. However, any signal that the ECB remains firmly committed to further easing could trigger broad USD weakness as global rate differentials compress, ultimately benefiting GBP/USD after the initial volatility storm. Technical Setup: Key resistance levels: 1.3000 (psychological) and 1.3142 Support zones to watch: 1.2715/20 and 1.2630 Trade Bias: Buy the Dip Before a Breakout While the broader trend remains bullish, a short-term pullback into the support area between 1.2715 and 1.2630 would be a healthy reset before the next leg higher. This zone could offer a strong buy opportunity, particularly if ECB uncertainty sparks short-term risk-off flows or temporary USD strength. From there, the focus will shift back to testing the critical 1.3000 handle, with a confirmed break opening the door for an extended move toward 1.3142. Trade Plan: Buy zone: 1.2715 - 1.2630 Stop: Below 1.2580 Target 1: 1.3000 Target 2: 1.3142
by Titan_Pips
GBPUSD H4 | Bearish FallBased on the H4 chart analysis, we can see that the price is approaching our sell entry at 1.2911, which is a pullback resistance that aligns with 61.8% Fibonacci retracement. Our take profit will be at 1.2725, a pullback support level. The stop loss will be placed at 1.3042, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
GBP/USD 4H Analysis – Bullish Momentum & Key Demand Zones📊 GBP/USD 4H Analysis – Smart Money Concepts (SMC) Perspective Current Market Structure: 📈 Bullish Momentum: The price is currently trending upwards after breaking a short-term high (SH) and liquidity zone. 🔄 Change of Character (CH): Confirmed as the price broke previous resistance, signaling a possible trend continuation. Key Zones & Levels: 🟣 H4 Block Order (Demand Zone): Marked in purple, this area aligns with a strong order block, indicating potential buying interest if the price retraces. 🟥 Daily Fair Value Gap (FVG): Above the demand zone, acting as a potential area for price rebalancing before resuming the uptrend. 🔴 200 EMA at 1.25179: Serving as dynamic support, aligning with the demand zone for potential buy setups. Potential Scenarios: 📉 Retracement to Demand Zone (1.2500 - 1.2550) Buyers may step in at the H4 Block Order & Fair Value Gap. Price could form a higher low before continuation. 📈 Bullish Expansion to New Highs (1.2750 - 1.2800) If demand holds, expect a strong push-up towards liquidity areas. Breakout could trigger momentum buying. Bias: ✅ Bullish (Higher Highs & Higher Lows Forming) ⚠️ Caution: If price breaks below 1.2500, sentiment may shift bearish.
Long
by MrStellanSight
Leading diagonal over?GBP/USD traders have ignored the recent US data so far. Nevertheless, interest rate traders had priced in 74.5 basis points of Fed easing in 2025, down from the 81 bps expected a day ago. Meanwhile, some Bank of England (BoE) members are crossing wires. Megan Greene commented that inflation is unlikely to persist and that it would fade at its own pace, though she added that policy needs to remain restrictive. BoE MPC member Alan Taylor said every meeting would be live for rate moves. In the meantime, BoE Governor Andrew Bailey said they expect a pick-up in inflation. BoE Chief Economist Huw Pill added they need to remain vigilant and that evidence points against more rapid cuts in the Bank Rate. The GBP/USD pair retreated somewhat on the headlines but remains within the 1.2850 – 1.2870 range. Technically, we might have another drop for wave 5 of the diagonal to be completed.
by TRADINGACPVIP
CHART BREAKDOWN GBPUSD: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone: low-risk buy zone spanning from 1.27790 to 1.27720, respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 1.27790 and 1.27720 serving as a low-risk buy. Bullish Targets📈: 1.27870: Possible retracement area. 1.28000: Possible retracement area. 1.28200: Possible retracement area. 1.28450: Possible retracement area. 1.29000: Liquidity area. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
Long
by T4X_Trading