GBPUSD trade ideas
GU-Thu-10/07/25 TDA-GU resuming bullish trend?Analysis done directly on the chart
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A simple idea plan (like Tradingview public posts) won't describe everything.
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Mister Y
GBPUSDThe GBP/USD pair appears strongly bullish based on multiple technical indicators and fundamental considerations. Currently trading at 1.2700, the pair exhibits a robust uptrend, reinforced by the Relative Strength Index (RSI) holding above 45.00, indicating significant buying momentum.
Anticipation of the Bank of England's rate decision further fuels expectations of substantial market movement. Initial targets for the pair lie at 1.2735-1.2760, supported by key resistance levels and technical patterns suggesting further upside potential.
Looking ahead, extended projections suggest the pair could aim for 1.2800 in the near term, with potential extensions towards 1.2870-1.2900. These levels are identified through Fibonacci extensions and historical price action, aligning with current market sentiment and technical analysis.
Traders are advised to monitor any developments in central bank policy, economic data releases, and geopolitical events that could influence the pair's trajectory. Risk management strategies should be carefully implemented to navigate potential volatility associated with high-impact events.
GBPUSD BUILDING TARGET GBP/USD Technical Analysis – 4H Timeframe (July 9, 2025)
This chart shows a technical analysis of the British Pound (GBP) versus the US Dollar (USD) on the 4-hour timeframe. The market is currently trading within a well-defined range, with a strong support zone (highlighted in purple) and a clear resistance level (marked in blue).
Key Levels:
Support Zone: 1.33700 – 1.34400
This zone has been tested multiple times and has acted as a strong demand area, where price has often reversed to the upside.
Current Price: 1.35991
The price is currently above the support zone but showing signs of bearish pressure.
Resistance / Target Point: 1.37921
This level has acted as a strong resistance in the past. If the price reverses from the support zone, this is the likely target point.
Analysis Summary:
The price is expected to drop down toward the support zone around 1.34000.
A bullish reversal is anticipated from this area.
If the reversal happens, the price may rally toward the target level at 1.37921.
Trading Perspective:
Buy Zone: Around 1.34000 (within the purple support box)
Target Zone: Around 1.37921
Suggested Stop-loss: Just below the support zone (e.g., around 1.33500)
Fundamental Market Analysis for July 10, 2025 GBPUSDEvent to watch today:
15:30 EET. USD - Initial Jobless Claims
GBPUSD:
The British pound remains under pressure amid increased risk-off sentiment linked to new White House statements about additional tariffs from August 1. This is boosting demand for the US dollar as a safe haven and prompts investors to take profits on long GBP positions.
Domestic factors in the UK also have a negative impact: revisions to social spending programs and weak manufacturing PMI and retail sales data signal a slowdown in economic activity. The Bank of England is expected to keep the rate at 5.50% until year-end, which limits the pound’s attractiveness for investors.
The current GBP/USD rate is 1.35900. In the absence of positive drivers from the UK economy and persistent demand for the dollar, the pair remains vulnerable to further declines toward 1.3520.
Trade recommendation: SELL 1.36000, SL 1.36300, TP 1.35200
GBPUSD InsightHello to all our subscribers!
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Key Points
- U.S. President Trump revealed letters sent via Truth Social to the leaders of seven countries, including the Philippines and Algeria. Notably, he warned of a 50% tariff on imports from Brazil.
- The June FOMC minutes confirmed that key Fed members are divided on the outlook for rate cuts within the year.
- The U.S. 10-year Treasury yield reversed course and fell for the first time in six sessions, following strong demand in the latest bond auction.
Major Economic Events This Week
+ July 10: Germany – June Consumer Price Index (CPI)
+ July 11: United Kingdom – May Gross Domestic Product (GDP)
GBPUSD Chart Analysis
While the pair recently faced resistance near the 1.38000 level and experienced a pullback, it appears to be regaining momentum, supported by the trendline near 1.36000.
If this support holds and the price moves as expected, a rally toward the 1.40000 level could be anticipated.
However, if the current support fails, the pair could retreat toward the 1.34000 level. Therefore, it is important to closely monitor the price action in the current zone.
$GU (GBPUSD) 1HPrice has been consolidating after a previous sell-off and is now showing signs of accumulation above a defined demand zone (1.35600–1.35800).
The price has respected the ascending internal trendline, forming higher lows — an early sign of bullish intent.
Strong bullish rejection from this area confirms interest from smart money. Price tested it and immediately rebounded, signaling absorption of sell-side liquidity.
The internal ascending trendline continues to act as dynamic support. As long as price respects this trendline, bullish bias remains intact.
Multiple highs around 1.36300 remain untouched — a magnet for price.That area overlaps with an Order Block (OB), making it a high-probability target for institutional interest.
The tight consolidation before the expansion (highlighted in blue) suggests price is loading for a sharp move.
As long as price remains above the demand zone and trendline A bullish expansion toward the OB zone (1.36300–1.36400) Or A potential liquidity sweep above the highs, aligning with external liquidity targets.
Bearish drop for the Cable?The price is rising towards the pivot and could drop to the 1st support which is a pullback support.
Pivot: 1.3632
1st Support: 1.3503
1st Resistance: 1.3693
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short for gbpusdLooking at the daily time frame for gbpusd, I am bearish and belive we will attack that sellside this week or next week. Lets break this down.1st PDAY array- We have a breaker that is failing to hold price, we could see that breaker act an an inversion. The second PD array that is failing is that discount daily fvg, we are hovering on it, but it has provided no bounce, indicating weakness. DXY also looks solid, and out of eurusd pr gbpusd, pound is the one to be shorting right now. If you look at the eurgbp chart, eur has been stronger that gbp.
GBPUSDPrice reached a major weekly resistance and started selling with the daily giving a strong bearish engulfing last week. H4 formed a double top and started creating lower highs. H1 has formed a third bearish wedge. Waiting for clear breakout to look for shorts. Watch out for fundamentals this week.
GBPUSD: Market of Sellers
The analysis of the GBPUSD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
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GBP/USD Rebounds Inside Channel – Long Opportunity in MotionHi traders! Analyzing GBP/USD on the 30-minute timeframe, price is currently respecting a descending channel, showing signs of a bullish bounce after retesting lower support.
🔹 Entry: 1.3586
🔹 Take Profit (TP): 1.3618
🔹 Stop Loss (SL): 1.3555
Price is attempting to recover after holding at the bottom of the channel, and is now pushing toward the 20 EMA. If momentum builds, a retest of the upper trendline and the 1.3618 zone is likely. RSI is slightly recovering from neutral levels, adding confluence to this rebound setup.
This long trade offers a solid risk-to-reward ratio within a possible short-term counter-trend move. Watch closely as price approaches dynamic resistance.
⚠️ DISCLAIMER: This is not financial advice. Every trader is responsible for their own decisions and risk management.
GBP/USD Short Idea Analysis : GBP/USD is approaching a critical resistance zone between 1.37850 and 1.38800 on the daily timeframe, presenting a potential short opportunity based on technical and fundamental factors.
Technical Analysis:
Price Action: The 1.37850–1.38800 zone aligns with prior highs and a strong resistance area, likely to trigger rejection or a bearish reversal pattern (e.g., double top or bearish engulfing).
Support/Target: Initial support at 1.3700, with a deeper target at 1.3600 if bearish momentum builds.
Indicators: RSI is approaching overbought territory (near 70), signaling potential exhaustion. MACD shows slowing bullish momentum, supporting a short bias.
Fibonacci: The 1.37850–1.38800 zone coincides with the 76.4%–88.6% Fibonacci retracement of the prior downmove, reinforcing resistance.
Fundamental Context:
UK economic data (e.g., weaker retail sales or PMI) suggests GBP vulnerability. Meanwhile, USD strength is bolstered by hawkish Fed expectations and resilient US economic indicators.
Risks: A breakout above 1.3900 could invalidate the setup. Monitor BoE rhetoric and US data releases for sudden shifts.
Conclusion: The 1.37850–1.38800 resistance zone offers a high-probability short setup for GBP/USD, supported by technical resistance and USD-favorable fundamentals. Use strict risk management due to potential volatility.