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U.S. Dollar / Pound Sterling

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USDGBP trade ideas

[_] ONENTRYGBPUSD - ‘2FIB Strategy’ by ONENTRY Timeframe: 30 Minutes Session: London & New York --- ### **Step 1: Identify the Overnight Range** - Mark the **high** and **low** of the price range between **00:00 - 06:30 (+2GMT)**. - Mark up  **50% of the overnight range**: - Wait for a **clear breakout** with a candle *closing* above (for longs) or below (for shorts) the range. --- ### **Step 2: Apply Fibonacci Levels** - After the breakout, use the **Fibonacci retracement tool**: - **Anchor Point 1 (Start):** Close of the breakout candle body. - **Anchor Point 2 (End):** Drag to the **50% level of the overnight range** - Key retracement levels for entry: **0.5 and 0.35 Fibonacci**. --- ### **Step 3: Trade Execution** - **Entry:** Enter on a pullback to **0.5 or 0.35 Fib level** after the breakout. - **Stop Loss:** - *Long trades:* Below the **low of the breakout candle**. - *Short trades:* Above the **high of the breakout candle**. - **Take Profit Targets:** - **TP1:** 1.0 Fib extension (initial target). - **TP2:** 1.25 Fib extension. - **TP3:** 1.6 Fib extension. - **TP4:** 2.3 Fib extension (runner position). --- ### **Step 4: Trade Management** - Move SL to breakeven when price hits **TP1**. - Close all remaining positions before midnight.
Long
by ONENTRY
GBPUSD SHORT FORECAST Q2 W16 D16 Y25GBPUSD SHORT FORECAST Q2 W16 D16 Y25 Thoughts- It's not if, it's WHEN ! All longs are null until the weekly order block has been breached or price drops considerably. In the here and now the short seems to be closing in. It is as always important to stack confluences in favour of the short prior risking capital. 15' break of structure is an absolute requirement as this point of price action. Within the higher time frame order block- looking for a lower time frame order block is not enough to short from therefore scrolling back months to find is pointless in our opinion. We will let price show us, we will reaction with price. What are your thoughts... Are we dropping today? FRGNT X
Short
by JCFRGNT
GBP/USD typically a bearish reversal pattern.Harmonic Pattern: There's a clearly drawn harmonic pattern (likely a Gartley or Bat pattern) visible between points A, B, C, and D, with the corresponding Fibonacci ratios labeled (e.g., 0.948, 2.523, 0.25, 1.333). Bearish Structure: At the top near 1.34152, there's a rising wedge formation highlighted by two blue lines converging upwards — typically a bearish reversal pattern. Prediction Path: Black arrows suggest a forecasted move — a small retracement (minor dip and bounce) followed by a major downtrend aiming toward the 1.30397 area. Risk Management: Stop Loss: Set around 1.35508 (red zone above the current price). Take Profit: Targeting near 1.30397 (green zone below). Support Zones: Purple horizontal lines indicate key potential support levels where price might react (bounce or stall). Indicators: No moving averages or oscillators (like RSI/MACD) are shown — this analysis seems purely price-action and pattern-based. Event Symbols: At the bottom (April 23-25), there are flags indicating upcoming economic events related to the GBP and USD, possibly affecting volatility. Summary: The trader expects the GBP/USD to soon reverse downward after reaching resistance within the rising wedge, targeting a significant drop to around 1.30397, with a stop loss set above recent highs to manage risk.
Short
by mrjohntrader88
GBPUSD:Still under bullish control. Sharing the latest strategyThe DXY is accelerating its decline, and GBP/USD hits a new stage high again 🚀. (👉signals👉) Currently, there is still no obvious sign of the US dollar's recovery. It has even broken below the 98 mark 😲. We can wait for the exchange rate to show a pullback signal before conducting long positions 📉📈. The target is set above 1.3400 🎯. Trading Strategy: buy@1.33200-1.33700 TP:1.34000-1.34500 The signals last week resulted in continuous profits, and accurate signals were shared daily. 👇 signals👇
Long
by AngelaYeates
The Day Ahead Key Economic Data Releases 🇺🇸 U.S. • March Retail Sales – Consumer spending trend, high market impact. • Industrial Production & Capacity Utilization – Signals strength of the manufacturing sector. • April NY Fed Services Index – Regional business activity snapshot. • NAHB Housing Market Index – Homebuilder sentiment. • Feb Business Inventories – Impacts GDP revisions. • Total Net TIC Flows – Foreign capital flows into U.S. assets. 🇨🇳 China • Q1 GDP – Key for global growth outlook. • March Industrial Production, Retail Sales, Home Prices, Property Investment – Domestic demand & real estate health. 🇬🇧 UK • March CPI & RPI, Feb House Price Index – Inflation indicators ahead of BoE moves. 🇯🇵 Japan • Feb Core Machine Orders – Business capex proxy. 🇮🇹 Italy / 🇪🇺 Eurozone • Feb Current Account Balances – External demand & capital flow indicators. 🇳🇿 New Zealand • Q1 CPI – Inflation print crucial for RBNZ rate expectations. ________________________________________ Central Banks • 🇨🇦 Bank of Canada Rate Decision – Watch for policy tone amid inflation shifts. • 🇺🇸 Fed Speakers: Powell, Cook, Hammack – Any hints on rate cuts or economic outlook closely watched. ________________________________________ Earnings to Watch • Tech & Industrials: ASML, Sandvik, Sartorius • Healthcare: Abbott Laboratories • Transport & Real Estate: Prologis, CSX • Financials: US Bancorp, Nordea • Consumer: Heineken • Materials: Alcoa High-impact guidance or surprises could trigger sector moves. ________________________________________ Bond Auctions • 🇺🇸 US 20-Year Bond Auction – Monitor for demand; impacts yields and USD. 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