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GBPUSD trade ideas

GBP/USD on the 1-hour timeframeGBP/USD on the 1-hour timeframe, here’s a breakdown of the target points indicated: --- 📍 Target Points (as marked on the chart): 1. First Target Point: Around 1.35200 2. Second Target Point: Around 1.36200 --- 🧠 Analysis Notes (based on My setup): Im used Ichimoku Cloud and a trendline breakout, which suggests a bullish reversal. The price has broken out above a descending trendline and is possibly targeting the top of the cloud and further if momentum sustains. The two target points represent: First resistance level (likely top of the Ichimoku cloud). Second resistance level (recent high before the downtrend began). --- 📌 Summary: Immediate target: 1.35200 Next potential target: 1.36200 Let me know if you want stop-loss suggestions or a risk-reward analysis.
by RSI_Trading_point
8
GBPUSD: Poised for more decline next weekGBPUSD: Poised for more decline next week GBPUSD completed another bearish pattern on Friday and fell again. In my personal opinion, it is a bit unclear all this bearish momentum in many GBP pairs, however, GBPUSD remains well positioned for further declines. Over the coming week, the focus should be on inflation data from the UK and the US. Perhaps this could be enough of a catalyst and support the downward movement in the same way that the pattern indicates. 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
13
GBPUSD (2H - long)GBPUSD (2H - FXCM) chart analysis with Ichimoku Theories. The price has recently broken above the trendline, signaling the start of a new upward trend. On the Ichimoku cloud, the price has moved above the cloud, indicating a bullish shift, with the Tenkan-sen crossing above the Kijun-sen, reinforcing the bullish momentum. Traders should watch for potential resistance levels and monitor the cloud thickness for confirmation of strength. Stay cautious of any pullbacks as the market establishes this new trend! if you like hint it
Long
by MB2020MB2020
GBPUSD deeper correction supported at 1.3430The GBPUSD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend. Support Zone: 1.3430 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 1.3430 would confirm ongoing upside momentum, with potential targets at: 1.3600 – initial resistance 1.3670 – psychological and structural level 1.3730 – extended resistance on the longer-term chart Bearish Scenario: A confirmed break and daily close below 1.3430 would weaken the bullish outlook and suggest deeper downside risk toward: 1.3370 – minor support 1.3300 – stronger support and potential demand zone Outlook: Bullish bias remains intact while the FTSE holds above 1.3430. A sustained break below this level could shift momentum to the downside in the short term. 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
GBPUSD July Playbook: Bearish Setup at Channel High GBPUSD just printed a CC SELL signal right at the top of its rising channel — setting the stage for a potential July pullback. 📌 Breakdown using Vinnie’s Trading Cheat Code System: ✅ RSI Overbought zone triggered ✅ CC Sell + Confirm Sell combo at channel resistance (~1.38) ✅ Price stretched far above the mean with no higher timeframe support nearby ✅ MACD histogram rolling over — momentum shift in play 🎯 Targets: 1.3500 (channel median / recent base) 1.3280 (deeper support / previous Confirm Buy area) This looks like a textbook trap-the-buyers setup. Patience on the entry — I’ll be stalking rallies to sell into. 🧠 Tools Used: Vinnie’s Confirm Alerts CC Trend Indicator RSI OB/OS Scanner MACD HPS Screener Following this closely — could be one of the cleanest short opportunities of the month.
Short
by bluesignalfx
GBPUSD: Mid-Term Analysis💷 Everyone wants to catch the move, but the real edge comes from patience. 🛡️ The Situation: GBPUSD has shown strength, but chasing here isn’t my game. 📍 The Plan: According to orderflow, the next buying point is in the blue box I’ve marked. That’s where I let the market come to me. 🔎 What I need to see there: ✅ Footprint absorption (clear buyers stepping in) ✅ CDV support or divergence ✅ Structure reclaim for clean confirmation 💡 Why it matters: Anyone can hit buy, but buying at the right place with confirmation is how you stay in the game. 🎯 What’s next: If price returns to the blue box and confirms, I will execute with clear risk. If not, I’ll stay patient and let the market prove itself. ✅ Summary: Let price come to your level, confirm, and then act decisively. No chasing. No fear. Just clear, disciplined execution.
Long
by UmutTrades
GBP/USD — Potential Bullish Reversal Setup | Long Bias Above Sup🧠 Thesis: GBP/USD is showing early signs of a potential bullish reversal from a key confluence zone. While price has recently tested short-term descending channel, we’re currently testing a strong ascending trendline support and prior demand zone. This setup offers a favorable long-risk scenario — so long as price remains above 1.3335 (invalid level). 🔍 Technical Breakdown: Descending Channel: Price has been in a corrective downward channel since early July. This pullback appears orderly and corrective rather than impulsive. Support Zone: We are seeing strong reactions from the 1.3400–1.3440 area, which aligns with: Previous consolidation zone (mid-May). 200 EMA on the 4H. Long-term ascending trendline support (from April lows). Bullish RSI Divergence: RSI is testing oversold territory (~32) with potential for bullish divergence forming — a classic early signal for a bounce. EMA Cluster: 50 EMA has been breached but price is testing the 200 EMA as last-resort dynamic support. If held, this further adds to the bullish case. 🧭 Scenarios: ✅ Bullish Bias (Preferred) If price holds above the trendline support and breaks out of the descending channel, we could see a bullish impulse toward: 🎯 TP1: 1.3600 (prior structure) 🎯 TP2: 1.3770 (trendline extension & fib confluence) Confirmation trigger: Break and close above 1.3500 resistance (channel breakout). ❌ Invalidation: A decisive break below 1.3335 (marked in red) invalidates this idea and shifts bias back to bearish — potential deeper pullback toward 1.3200s. ⚠️ Risk Management: Entry zone: 1.3430–1.3450 (near support) Stop loss: Below 1.3335 Risk-reward: >2.5:1 on a successful breakout 📝 Conclusion: This is a classic trend-continuation play with clean structure and a logical invalidation point. The market is offering a textbook “buy-the-dip” scenario off strong multi-timeframe support. Patience is key — wait for confirmation before sizing in.
Long
by WrightWayInvestments
GBPUSD| - Bearish Play Setting UpPair: GBPUSD (GU) Bias: Bearish HTF Overview: Bearish structure intact — market has been respecting lower highs and pushing into downside pressure. Current Zone: Price just mitigated the 30M OB, reacting as expected within the supply zone. LTF Confirmation: Now waiting for clean confirmations on 5M or 1M — not in trader mode yet, analysis still in control. Entry Zone: Watching for internal liquidity sweep or inducement followed by structure shift to confirm the sell. Targets: First target is the next 30M low — extended target based on 1H continuation. Mindset Note: No chasing — let the LTF tell the story before pulling the trigger. Control the urge, trust the system. Bless Trading!
Short
by Juicemannn
GBPUSD longi would like gbp come a little down, then would be in a better price i don't suggest to put a buy limit i really want the price to close below my setup then i open a trade , yet its Friday we may not see too much movement so being precise on edges can make profit in ranging days ... Please note: This is for educational purposes only and not a trading signal. These ideas are shared purely for back testing and to exchange views. The goal is to inspire ideas and encourage discussion. If you notice anything wrong, feel free to share your thoughts. In the end, to learn is to share !
Long
by alisardari
The Day AheadEconomic Data & Central Bank Updates US Leading Economic Index (June) Fell by 0.1%, pointing to ongoing weakness in manufacturing, jobs, and housing. Markets may view this as a soft growth signal, potentially influencing rate cut expectations. China Loan Prime Rates (LPR) No change: 1-year at 3.0%, 5-year at 3.5%. This steady stance follows slightly better Q2 growth, but continued weak domestic demand leaves room for cuts later this year. Canada Industrial Product Price Index (IPPI) & Raw Materials Price Index (RMPI) June data expected to remain weak after prior months of declining input prices—keeping inflation pressures subdued. Bank of Canada Q2 Business Outlook Survey Sentiment weakened slightly. Firms see stable sales but remain cautious. Inflation expectations eased, but growth outlook is soft. Earnings Summary Verizon: EPS ~$1.19, stable wireless trends in focus. Roper: Strong SaaS growth, margins under watch. NXP Semiconductors: EPS down YoY, weak chip demand. Ryanair: Profit doubled to €820m, strong summer outlook. Domino’s Pizza: Awaiting release; steady U.S. growth expected. Trading Impacts USD: Mild bearish bias from soft data. CNY: Stable; easing risk remains. CAD: Limited support, weak price data. 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
TIME TO BUY GBPUSD NOW From the daily time frame we can see that GBPUSD is respecting a rising trend line. We notice in the past that anytime price touches this rising trend line price will react and reject and move to the upside. Looking at the chart critically, I indicated a rectangle in which price acted as resistance and broke to the upside and price came to retest it again and it turns to support now, with recent price action we can see that price has retested that resistance turned support again . So I'm expecting price action to reverse from bearish to bullish from that rectangle zone indicated ,with smart money longing at that zone which has already taken place as of yesterday. Target Profit:1.37250,1.38000,1.40000
Long
by enwemadufranklyn1989
GBP/USD still under pressure despite slightly weaker US core CPIThe US dollar, which had gained ground last week, was under a bit of pressure earlier today. And following a mixed inflation report, the greenback spiked before returning to pre-CPI levels. The inflation report hasn’t changed market’s perception about the likely path of interest rates. US CPI comes in mixed June’s CPI rose 0.3% MoM and 2.7% YoY—hotter than the prior 2.4% and above the 2.6% consensus. However, core CPI was a touch weaker, rising 0.2% m/m instead of 0.3%, while the y/y rate was 2.9% as expected. The mixed CPI report means concerns that inflation may persist longer haven’t changed. The Fed may still delay or reduce the scope of any rate cuts, even if a September move is still on the table. Adding to the dollar’s appeal, President Trump floated steep tariffs—35% on some Canadian goods and up to 30% on imports from Mexico and the EU—if deals aren’t reached by August 1. These protectionist signals and Trump’s expansive fiscal stance could further stoke inflation, supporting the greenback if confidence in US monetary policy holds. Pound under pressure Sterling has had a rough start to the week, extending last week’s 1% drop in GBP/USD before rebounding slightly earlier today. The pound's slide follows a run of soft UK economic data, boosting expectations for a Bank of England rate cut—likely in August. On Friday, data confirmed a second consecutive monthly contraction in the UK economy, driven by a worsening manufacturing slump. This has added to speculation that weakening growth and a stronger pound could help ease imported inflation, especially ahead of Wednesday’s UK CPI release. Technical picture and key data ahead for GBP/USD GBP/USD has broken below important support zones (1.3630 and 1.3530–1.3550), now turned resistance. It is currently testing the 1.3434 level, aligned with a key trendline. A breakdown here could open the door to deeper losses toward 1.3370 and potentially the low 1.30s. Two major data points will guide the pair this week: • UK CPI (July 16): A soft print would likely reinforce rate cut bets. • US Retail Sales (July 17): After a May decline, a rebound could highlight US resilience and strengthen the dollar further. By Fawad Razaqzada, market analyst with FOREX.com
by FOREXcom