Get started

U.S. Dollar / Pound Sterling

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

USDGBP trade ideas

GBPUSD Wave Analysis – 26 March 2025 - GBPUSD reversed from resistance area - Likely to fall to support level 1.2800 GBPUSD recently reversed down from the resistance area between the resistance level 1.3035 (which has been reversing the price from October), resistance trendline of the daily up channel from January and the upper daily Bollinger Band. The downward reversal from this resistance area created the daily Japanese candlesticks reversal pattern Evening Star which started the active wave 3. GBPUSD can be expected to fall to the next support level 1.2800, the former monthly high from December.
Short
by FxProGlobal
1
GBP/USD Potential Bear Momentum...I couldn't resist the GBP/USD bear opportunity here displaying a broadening pattern. I'm already in established shorts on the EUR/USD at 1.0891 but decided to jump in on GBP/USD at 1.2916 considering the price movements can be more pronounced. Right now, my cap on whether this trade works or not is 1.3000. if we, for whatever reason, pop back up to 1.3000, I'd close this trade but for now, I think this trade looks good and will target 1.2750 however, using chart pattern percentages, I wouldn't be surprised to see 1.2600. We'll see how this one looks going forward, especially with trump announcing more tariffs later today. As always, Good Luck & Trade Safe.
by InternalTraderNYC
GBP/USD Breakdown – Bearish Momentum Ahead?This 4-hour chart of GBP/USD shows a clear bearish setup: 🔹 Rising Wedge Breakdown – The pair has broken below a rising wedge pattern, signaling potential downside pressure. 🔹 Support and Resistance Levels – Resistance at 1.29206 - 1.30275 Support at 1.28000 - 1.28437 Strong support at 1.27539 🔹 Sell Confirmation – A sell signal is indicated, suggesting further downside movement towards the target zone. 📉 Trading Plan: ✅ Possible short entries below the 1.28956 level. ✅ Target price: 1.27539 ✅ Stop-loss above 1.29206 for risk management. ⚠️ Risk Note: Always manage risk properly and watch for any trend reversals before entering trades. What are your thoughts? Are you bearish or bullish on GBP/USD? 🤔💬
Short
by PIPsOptimizer
UK inflation cools more than expected, GBP/USD loses groundUK inflation for February rose 2.8% y/y, below the market esti mate of 2.9%. This was lower than the 3% gain in January. The main contribution to the drop in inflation was lower prices for clothing and housing. On a monthly basis, CPI rose 0.4%, up from 0.1% in January but lower than the market estimate of 0.5%. Core CPI also eased, falling from 3.7% to 3.5%. The drop in inflation is good news, but the Bank of England remains concerned about the upside risk of inflation. Services inflation, which has been sticky, was unchanged at 5%. The BoE will consider a rate cut at the next meeting in May, but will be monitoring the effects of increased employer taxes starting in April as well as today's Spring Statement. At last week's meeting, the BoE expressed concern over worsening "global trade policy uncertainty" and pointedly mentioned US tariffs. The Trump administration's new trade policy has raised trade tensions and a global trade war would hurt growth and boost inflation. The slight drop in inflation is also good news for Finance Minister Rachel Reeves, who is delivered the budget update earlier today. The update did not contain any further tax increases and announced deep spending cuts. Borrrowing a phrase from the Bank of England at last week's meeting, Reeves said "increased global uncertainty" had increased borrowing costs and led to economic instability. GBP/USD has pushed below support at 1.2940. The next support level is 1.2864 There is resistance at 1.2940 and 1.2991
by OANDA
How to Spot Potential Price Reversals - Part 1: GBPUSD ExampleA subject within technical analysis that many traders find difficult to apply to their day-to-day trading is the ability to spot reversals in price. The misreading of price activity when a reversal is materialising can often lead to incorrect decisions, such as entering a trade too early, which can result in being stopped out of a potentially successful trade before price activity moves in the intended direction. In this piece today, and part 2 tomorrow, we want to look at 2 types of reversal in price – the Head and Shoulders/Reversed Head and Shoulders and the Double Top/Double Bottom. The intention is to help you understand why price activity is reversing and highlight how knowledge of this may be applied within your own individual trading strategies. The Head and Shoulders Pattern This pattern highlights the potential, • reversal of a previous downtrend in price into a more prolonged period of upside strength • reversal of a previous uptrend in price into a phase of weakness In this example, we are going to outline in more detail a bullish reversal in price, which is called a ‘Reversed Head and Shoulders’. Points to Note: Reversed Head and Shoulders • A downtrend in price must have been in place. • A Reversed Head and Shoulders is made up of 3 clear troughs on a price chart. • The middle trough (called the Head) is lower than the 2 outer price troughs (called the Left Hand Shoulder and the Right Hand Shoulder). • The 3rd low in price (Right Hand Shoulder) being higher than the Head, reflects the inability of sellers to be able to break under a previous low in price. This is regarded as a ‘weak test’ of a previous price extreme, suggesting buyers may be gaining the upper hand, readying for a potential positive sentiment shift and price strength. • A trendline connecting highs in price that mark the upper extremes of the Head is drawn. This highlights the Neckline of the pattern, which if broken on a closing basis, completes the reversal, to represent a positive shift in sentiment and the potential of further price strength. Point to Note: To understand a bearish reversal, known as a ‘Head and Shoulders Top’ please simply follow the opposite analysis of what is highlighted above. GBPUSD Example: In the chart below, we look at the recent activity of GBPUSD, which formed a bullish Reversed Head and Shoulders Pattern between December 20th 2024 and February 13th 2025, when the pattern was completed. As with any bullish reversal in price, a clear downtrend and extended price decline must have been seen previously, for the reversal pattern to be valid. On the chart above, this was reflected by the decline from the September 20th 2024 high at 1.3434, into the January 13th price low at 1.2100. The Head and Shoulders pattern is made up of 3 troughs in price and in this example, these are marked by the period between December 30th 2024 to January 7th 2025 which forms the Left Hand Shoulder , between January 7th to February 5th 2025 which was the Head developing , and between February 5th to February 13th 2025, which then formed the Right Hand Shoulder . The Neckline of the pattern is drawn connecting the December 30th 2024 high and the February 5th 2025 highs, which was broken on a closing basis on February 13th 2025. It was on this day, the Reversed Head and Shoulders Pattern was completed with potential then turning towards a more extended phase of price strength. Does the Head and Shoulders offer an Insight into a Potential Price Objective? Yes, it does, by measuring the height from the bottom of the Head to the level of the Neckline at the time that low was posted, we can project this distance higher from the point the neckline was broken. This suggests a possible minimum objective for any future price strength. In the example above, a low of 1.2100 was registered on January 13th 2025, at which time the Neckline stood at 1.2576. This means the height of the Head was 0.0476 (476 pips). On February 13th when the Neckline was broken on a closing basis, the Neckline stood at 1.2529. As such… 1.2529 + 0.0476 = 1.3005, which would be the minimum potential price objective for the Reversed Head and Shoulders. This level was in fact achieved on March 18th 2025. Of course, while the Head and Shoulders pattern is regarded as one of the most reliable patterns within technical analysis, it is not a guarantee of a significant price movement, as much will still depend on future sentiment and price trends. Therefore, if initiating a trade based on a Reversed Head and Shoulders pattern, you must ALWAYS place a stop loss to protect against any unforeseen event or price movement. The stop loss should initially be placed just under the level of the Right Hand Shoulder, as any break of this point negates the pattern, meaning we were wrong to class the pattern as we did. However, if prices rise after completion of the pattern, you can consider moving a stop loss higher, keeping it just under higher support levels to protect your position. We highlighted the formation of the potential GBPUSD reversed Head and Shoulders pattern on February 13th 2025, so please take a look at our timeline for further details. Remember to watch out for tomorrow’s Part 2 post The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
Education
by Pepperstone
GBP/USD Set for a Potential Decline as UK CPI Eases to 2.8%GBPUSD Set for a Potential Decline as UK CPI Cools to 2.8% GBP/USD has been consolidating within a narrow range since the beginning of March, struggling to establish a definitive direction. This prolonged indecision suggests that the pair may require a correction before resuming any upward movement. The latest data from the UK further supports this outlook. February’s Consumer Price Index (CPI) revealed inflation cooling to 2.8% year-over-year, slightly below the forecasted 2.9%. Additionally, retail sales data fell short of expectations, coming in at 3.4% compared to the projected 3.6%. As a result, market sentiment could weigh on GBPUSD, potentially driving the pair into a deeper correction. Key support levels to watch include 1.2865 and 1.2800 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ 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 KlejdiCuni
7
GBP/USD Trade Analysis: Bullish Reversal from Support ZoneExponential Moving Averages (EMAs): 200 EMA (Blue) at 1.29309: Represents the long-term trend. 30 EMA (Red) at 1.29122: Represents the short-term trend. Price is currently below both EMAs, suggesting a bearish trend. Support and Resistance Zones: Resistance Zone (Purple at the top): Price previously reacted strongly at this level. Support Zone (Purple at the bottom): A potential demand area where price is currently bouncing. Trade Setup: Entry Point: Near 1.28875 (highlighted on the chart). Stop Loss: Set around 1.28714-1.28856, below the support zone. Target Point: 1.29730, above the resistance and near the 200 EMA. Risk-to-Reward Ratio: The setup aims for a higher reward than risk. Trade Idea: Bullish Reversal Trade: The price is reacting at a support zone, and the target aligns with a previous resistance level. A confirmation (strong bullish candle or break of 30 EMA) could indicate a move toward 1.29730. EMA Crossover Watch: If the 30 EMA crosses above the 200 EMA, it may confirm a stronger uptrend. Potential Risks: If price breaks below 1.28714, the bullish idea is invalid. Resistance at 1.29309 (200 EMA) could slow the move upward.
Long
by EA_GOLD_MAN_COPY_TRADE
GBP/USD: Technical Signals Point to Potential Bearish ReversalIn the early stages of the European session on Friday, GBP/USD is struggling to maintain its footing, trading below the 1.2925 mark as I compose this article. The pair faces pressure from a robust demand for the US dollar amid a backdrop of cautiousness from the Federal Reserve and prevailing economic uncertainties. This selling pressure persists despite the Bank of England's recent hawkish stance. As market participants await insights from Federal Reserve officials as well as a speech from US President Trump in the Oval Office, attention is heightened. From a technical perspective, the currency pair has entered a supply zone, prompting expectations for a potential reversal and the commencement of a bearish trend. ✅ Please share your thoughts about GBP/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Short
by FOREXN1
4
The Day AheadWednesday March 26 Data: US February durable goods orders, UK February CPI, RPI, January house price index, France March consumer confidence, Australia February CPI Central banks: Fed's Musalem and Kashkari speak, ECB's Villeroy and Cipollone speak, BoC summary of deliberations from the March meeting Earnings: Dollar Tree, RENK Auctions: US 2-yr FRN, US 5-yr Notes Other: US CBO Federal Debt and the Statutory Limit report, UK spring statement 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