USDGBP trade ideas
GBPUSDGBP/USD Upcoming Economic Data, 10-Year Bond Yield, Interest Rate Differential, and Carry Trade (June 1–10, 2025)
1. Upcoming Economic Data (June 1–10, 2025)
Date Event Expected Impact on GBP/USD
June 2 UK PMI Composite (May) Strong PMI supports GBP; weak data pressures GBP
June 3 UK Services PMI Key for assessing UK economic momentum; influences GBP sentiment
June 4 UK Construction PMI Reflects sector health; positive print supports GBP
June 6 US Nonfarm Payrolls (NFP) Strong US jobs data strengthens USD, pressures GBP/USD
June 6 US Average Hourly Earnings Wage growth impacts Fed policy outlook and USD strength
June 9 UK GDP (Preliminary Q1) Critical for BoE policy outlook; strong GDP supports GBP
June 10 UK CPI Inflation (May) Higher inflation may delay BoE cuts, supporting GBP
Note: UK inflation data recently printed higher than expected, and US jobs data will be a major driver of USD strength.
2. 10-Year Bond Yields and Interest Rate Differential
UK 10-Year Gilt Yield: Approximately 4.77% (as of late May 2025)
US 10-Year Treasury Yield: Approximately 4.51% (late May 2025)
Yield Spread:
4.77% (UK)−4.51% (US)=+0.26%
The UK’s higher bond yield provides a modest carry advantage for GBP over USD.
Policy Rates:
Bank of England (BoE): 4.25% (recently cut by 25bps)
Federal Reserve (Fed): 4.25–4.50%
Interest Rate Differential: Slightly favors USD on policy rates but favors GBP on bond yields.
3. Carry Trade Directional Bias
The carry trade involves borrowing in a currency with lower interest rates and investing in one with higher yields.
Given the UK’s higher 10-year gilt yields (+0.26%), there is a modest carry trade advantage supporting GBP against USD.
However, the Fed’s slightly higher policy rate and the BoE’s dovish stance (rate cuts expected) temper this advantage.
Overall, the carry trade bias for GBP/USD is neutral to slightly bullish for GBP, supported by bond yields but capped by policy rate expectations.
4. Technical and Market Outlook
GBP/USD recently tested resistance near supply roof and faced selling pressure, but got support the broken supply roof on daily and now trades on the floor as demand .
Market sentiment remains cautious due to geopolitical uncertainties and tariff negotiations impacting USD strength.
The upcoming US jobs data (June 6) is a key event that could sway USD and thus GBP/USD direction.
Summary Table
Metric UK (GBP) US (USD)
10-Year Bond Yield ~4.77% ~4.51%
Policy Interest Rate 4.25% (BoE) 4.25–4.50% (Fed)
Yield Spread (10Y) +0.26% (GBP over USD) —
Interest Rate Differential Slightly favors USD —
Carry Trade Directional Bias Neutral to slightly bullish for GBP —
Key Upcoming Data UK PMI, GDP, CPI US NFP, Wage Data
Conclusion
GBP/USD faces a mixed outlook with modest carry trade support from higher UK bond yields but pressure from Fed’s higher policy rates and USD strength.
Upcoming UK data (PMI, GDP, CPI) will shape BoE policy expectations and GBP sentiment.
US jobs data on June 6 is critical for USD direction and, by extension, GBP/USD.
#gbpusd #dollar
GBP-USD Local Long! Buy!
Hello,Traders!
GBP-USD made a bearish
Breakout of the rising support
So we are bearish biased mid-term
But locally the pair will soon
Hit a horizontal support
So we will be expecting a
Rebound and a local move up
Buy!
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Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPUSD Is Very Bearish! Short!
Please, check our technical outlook for GBPUSD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.355.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.350 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPUSD Is Bearish! Short!
Here is our detailed technical review for GBPUSD.
Time Frame: 7h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 1.353.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.341 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
Falling towards 61.8% Fibonacci support?The Cable (GBP/USD) is falling towards the pivot, which serves as pullback support and could bounce to the 1st resistance, which acts as pullback resistance.
Pivot: 1.3315
1st Support: 1.3159
1st Resistance: 1.3586
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Long term vision on Pound, seems bullish.Not muc to say, graph is so clear.
If we look at the long term chart - which starts in 2008 crisis, trend broken in 2024 summer.
We can see a clean breakout from the fallen wedge, also there is a cup % handle breakout in the last candle.
As a supporting point, my power indicators are also supporting a long signal.
So it's a clear bullish signal on my side.
Be aware that each candle represents 3 months.
Wondering about your thoughts!
GU-Thu-5/06/25 TDA-US bad data report, GU tapped WR 1.35790!Analysis done directly on the chart
Follow for more, possible live trades update!
Market conditions shift, you have to learn to
adapt to it. Trading price action, you learn to
react to the market. The way the candles moves
differently it might indicates shift of market
dynamics.
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GU-Wed-4/06/25 TDA-Not easy zone to mess with GU!Analysis done directly on the chart
Follow for more, possible live trades update!
Today's focus: Trading Psychology
-Have you ever over traded?
-Have you ever revenge traded?
-Have you ever got greedy and end up
with a loss instead of good profits?
-What is something that you struggle to
these days psychologically speaking?
I've been all these situations mentioned above!
Each of this three steps are crucial to
become a very good trader:
1) Consistently profitable strategy
2) Proper risk management
3) Trading Psychology
What's your ideal solution to improve
your trading psychology?
Comment down below!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
Skeptic | GBP/USD Analysis: Breakout Triggers in the Box!Hey everyone, Skeptic here! FX:GBPUSD has been killing it with a solid uptrend but now it’s chilling in a correction phase, trapped in a box range. A break above or below this box could light up some epic triggers, so let’s dive into a multi-timeframe analysis to get the full picture.
🧠 Starting with the Daily Timeframe
we’re riding a powerful upward channel where price has been dancing perfectly with the ceiling, floor, and midline. We’ve nabbed some sweet trades from this setup before! After hitting resistance at 1.35576 , we slipped into a time-based correction.
Here’s the daily breakdown:
If the box floor at 1.35002 cracks, we could slide to 1.34173 , hitting the 0.382 Fibonacci retracement— a legit first support zone. 🎯
If we bust through the ceiling, the channel’s midline is our next target. But with lower highs forming, I’m betting on a deeper correction for now. 📉
With that intel, let’s zoom into the 4-Hour Timeframe for our main long and short triggers. 🔥
For longs, a break above 1.35576 is our golden ticket, with a stop loss below the box. Want a quicker R/R and early profits? Set a tighter stop below the 1H or 15-minute floor that forms. 💸 For shorts, we can play with a smaller stop loss. I’d jump in after breaking support at 1.35002 , with a stop loss at 1.35464 if we go bearish from here. If we test the box ceiling again before breaking the floor, the stop loss sits above the box. 🚨 Heads-up: longs are riskier based on the daily clues. As always, do your own research, steer clear of FOMO, and never forget—capital management and stop losses are your market lifelines. Nobody shouts about those enough! A single trade, good or bad, won’t make or break your long-term game, so skip the emotional drama and grind on your strategy and psychology.
💬 Let’s Talk!
If this recap got your gears turning, smash that boost—it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments. Thanks for vibing with me—keep trading sharp! ✌️
GBP/USD – Bullish Setup Off Key Moving AveragesPair: GBP/USD
Bias: 🔼 Bullish
Entry Level: Current market price (see chart)
Stop Loss: Below recent swing low (see chart for exact level)
Target: Risk-reward of 1:2 or higher, based on structure
---
GBP/USD is showing strong bullish momentum, currently bouncing off the 200-period moving average on the 4H/1H timeframe. This level has acted as dynamic resistance and now appears to be providing support for the next leg up.
In confluence with this, price action is also approaching the 200-period moving average, which I'm using as both a resistance confirmation and an ideal entry zone.
This setup suggests a potential continuation of the prevailing uptrend, supported by bullish market structure and moving average dynamics.
📊 Trade Plan:
Entry: At current price or on a slight pullback to the 200 MA
Stop Loss: Just below the previous swing low to protect against a deeper correction
Take Profit: Using a risk-reward ratio of 1:2 or higher, targeting previous highs or fib extensions
📌 Notes:
Always manage your risk per your trading rules
Confirm with your own strategy or indicators before entering
Watch for key news events (e.g., BOE or Fed announcements)
GU Bulls Raise "Flag" Eyeing Higher PricesFX:GBPUSD has formed a Bull Flag and we could be getting ready to see the Bulls take the spotlight!
After Price broke through the Previous Level of Structure, Price retraces the High of 1.35589 to the 50% Fibonacci Level @ 1.35022 and is supported pushing Price back up from the Previous Level of Structure.
-The 50% retracement signals the end of the Consolidation Phase of the Pattern.
Now with a Bull Flag being a Continuation Pattern, we can suspect that Price will give us a Bullish Breakout of the Descending Channel and Retest before moving higher Confirming the Pattern and once the Breakout is Validated!
Based off the "Flagpole" of the Pattern, if a Bullish Breakout is Validated and the Retest is Successful, the extension of the Set-up would place the Price Target @ 1.3640 which is at the next big level of Resistance.
GU-Fri-6/06/25 TDA-This week mostly after news driven PA!Analysis done directly on the chart
Follow for more, possible live trades update!
PA= price action
This week unless you're good fundamental
analyst or taking good advantage of fundamental news,
it was not easy to trade normal price action. (at least for me)
Since I trade only London session, and majority of moves
happen in NY session after news release.
This week was not the best for me, keeping myself low risk
max medium risk trades.
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBP/USD M15 Support & Resistance Levels🚀 Here are some key zones I've identified on the 15m timeframe.
These zones are based on real-time data analysis performed by a custom software I personally developed.
The tool is designed to scan the market continuously and highlight potential areas of interest based on price action behavior and volume dynamics.
Your feedback is welcome!
GBPUSD Set To Grow! BUY!
My dear followers,
This is my opinion on the GBPUSD next move:
The asset is approaching an important pivot point 1.3459
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.3513
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.
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WISH YOU ALL LUCK
Bearish drop off pullback resistance?GBP/USD is reacting off the resistance level which is a pullback resistance that aligns with the 138.2% Fibonacci extension and could drop from this level to our take profit.
Entry: 1.3590
Why we like it:
There is a pullback resistance that aligns with the 138.2% Fibonacci extension.
Stop loss: 1.3629
Why we like it:
There is a resistance level at the 100% Fibonacci projection.
Take profit: 1.3535
Why we like it:
There is an overlap support level that aligns with the 61.8% Fibonacci retracement.
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