USDGBP trade ideas
GBP/USD Soars Sharply: Can This Breakout Hold?Technical Analysis:
Price Pattern: GBP/USD is currently in an uptrend with strong support at 1.34300 and resistance near 1.35900.
EMA: The 34-period EMA has crossed above the 89-period EMA, indicating the strength of the uptrend.
Signal: Price has just broken through the 1.35200 resistance zone, suggesting that the strong uptrend may continue.
News:
After remarks from Fed officials at the Jackson Hole Symposium, the USD weakened, allowing GBP/USD to benefit and providing an opportunity for further gains.
Trading Strategy:
Uptrend: If price stays above 1.35200, the pair could continue rising, targeting 1.35900 and potentially 1.36500.
Support Levels: If price pulls back and holds above 1.34300, the uptrend will be further confirmed.
GBPUSD Struggles Below Resistance — More Downside Ahead?GBPUSD Struggles Below Resistance — More Downside Ahead?
GBPUSD hit a strong resistance zone near 1.3590 and hasn’t been able to break above it. From our analysis, the pair has already dropped about 110 pips, falling from 1.3544 to 1.3434.
Even after Trump’s statement about firing Fed Governor Lisa Cook, GBPUSD didn’t show much strength. The bearish momentum isn’t very strong, but it’s clear the pair is struggling to rise.
Meanwhile, the USD has recovered yesterday’s small losses. I remain bearish on GBPUSD. The drop could continue in a sharp and messy way, with our next targets at 1.3420 and possibly 1.3315.
You may find more details in the chart!
Thank you and Good Luck!
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Previous analysis:
Previous analysis:
GBPUSD: Will It Bounce from Support or Breakout Soon?Hello, great to be back and discuss FX:GBPUSD with you all. Here’s my take on this currency pair.
Currently, GBPUSD is moving around 1.345, continuing to trade within a narrow range between the trendline and an important support level.
In the short term, the current downtrend is expected to extend towards the support zone, where a potential bounce could occur.
As long as the price remains within this range, the optimal strategy is to buy near the support and sell when the price reaches the trendline.
What do you think about GBPUSD? Feel free to share your thoughts in the comments!
GBP/USD (British Pound / U.S. Dollar)GBP/USD (British Pound / U.S. Dollar) on the 1D (daily) chart .
From my chart:
The pair has broken the ascending trendline (drawn from March–July 2025).
Price is trading around 1.3440.
There are two downside “Target” zones marked.
📉 Key Targets Based on Your Chart
1. First Target Zone: Around 1.3200
→ This aligns with previous horizontal support (June 2025 lows).
2. Final Target Zone: Around 1.2800
→ This is the larger downside target if bearish momentum continues.
⚠ Notes
If GBP/USD breaks below 1.3400 and holds, bearish continuation toward 1.3200 looks probable.
A sustained move under 1.3200 could open the way to 1.2800.
However, if price reclaims 1.3550–1.3600 resistance, the bearish setup weakens.
👉 My chart clearly suggests a bearish outlook with 1.3200 (short-term) and 1.2800 (medium-term) as targets.
GBPUSD is ready to activate rally modeGBPUSD is forming a retest of local downward resistance against the backdrop of a weaker dollar. This could result in a breakout and growth. There are two important targets on the chart that MM is interested in: 1.360 and 1.3682.
The upward trend continues, with the price not updating its lows. As part of the correction, it is forming an intermediate bottom and breaking through local resistance. This is a fairly confident bullish pattern.
The phase of interest rate cuts in the US will only strengthen the growth of GBPUSD.
GBPUSD: Bearish Outlook on Fundamental and Structure AnalysisGBPUSD: Bearish Outlook Based on Fundamentals and Structure Analysis
On Friday, before the press conference, everything moved aggressively against the USD. It was a strange move because it happened suddenly without any news and before Powell said hello.
At the time Powell sent the rate cut message, the USD did not strengthen. However, the market expected a rate cut in September and that is why the USD was strong during the week.
I also read that the market is pricing in a rate cut, but these words are just like old legends now, as the USD priced in this rate cut several times and is very cheap so far. The rate cut was great news.
Technical Analysis:
GBPUSD hit two of our targets from the previous analysis and bounced back higher on Friday.
Considering all of the above, despite the USD being weak, I think GBPUSD could fall back down from the red soon, following the old scenario. This structure zone located near to 1.3590 proved to be strong and it can push the price back down again.
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.
GBPUSD STRONG SIGNAL BUY SETUP LOOOOOOOOOOOOOOOOOONGWhat do you think?
we have head and shoulder
and have uptrend on high time frame reflect from real bottom after take liquidity
and the price made fake breakout
on another second shoulder the price reflect from strong support
and made engulfing candle
The price made bearish flag and is broken and retest on frame 4H which indicate an upward trend
so I expect the price will rise
what's your opinion?
Don't forget to follow me
and like . thank you
GBPUSD Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.34800 zone, GBPUSD was trading in a downtrend and successfullly managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.34800 support and resistance zone.
Trade safe, Joe.
GBPUSD reached a strong resistance zone Reject to declineGBP/USD has reached a strong resistance zone and continues to struggle to break above it. Even after the recent statement by Donald Trump about potentially firing Fed Governor Lisa Cook, the pair showed limited bullish reaction. This suggests that bullish momentum is weak despite fundamental noise.
Technically, the USD has recovered from yesterday’s minor losses, and overall sentiment remains in favor of the dollar. While GBP/USD isn't showing strong bearish momentum, the lack of upward drive indicates continued weakness.
The pair remains under pressure, and the downtrend appears to be continuing at a gradual pace. A possible next support level to watch is 1.34020.
GBPUSD – Bullish Pattern in Play?Hello everyone, what’s your view on FX:GBPUSD trend?
The pair is currently forming a potential inverse head and shoulders pattern , one of the strongest signals for a new bullish phase.
📌 Price is holding firmly above the key support zone at 1.340 – 1.322.
📌 If this support continues to hold, the potential target lies near 1.3750 , the previous swing high and completion point of the pattern.
The bullish outlook is favored, with buyers maintaining control. This could be a promising opportunity.
Do you think GBPUSD can reach the target of this analysis? Share your thoughts in the comments!
GBPUSD Watching 1.3600 for a Trade After a strong uptrend from January, the price entered a corrective phase in July. An initial Head and Shoulders topping pattern appeared to cause a breakdown. While the break-down extended the downside correction, it failed to sustain momentum as a new established down-trend, finding significant support at 38.6 retracement level. The subsequent price recovery has now formed a potential inverse Head and Shoulders pattern, suggesting a possible continuation of the longer-term uptrend.
What Actually Happened
Bearish pattern failed to achieve full target: The H & S neckline support initially suggested a potential trend reversal to the downside.
Key support level: The downward move was halted at the 38.2% Fibonacci retracement level 1.3143. This level, derived from the overall uptrend that started in January to July 1st high at 1.3788. The price also found support near the 200-day Simple Moving Average.
Bullish reversal signals: Following the bounce from the Fibonacci support, the price has shown several signs of strength:
- It has moved back above the neckline of the prior, failed Head and Shoulders pattern.
- It has broken a short-term falling trendline that had defined the recent correction.
Emerging bullish pattern: The price action is now forming a potential inverse Head and Shoulders pattern, which is typically a bullish reversal formation. The recent swing low could be a possible right shoulder.
What to Watch Next
I am watching the 1.3600 level right now. This is the make-or-break point.
If we can push through and hold above 1.3600, it would confirm the bullish pattern and open the door for a move toward the major highs around 1.3788 as an initial target.
On the flip side, if the market stalls at 1.3600 and turns lower, I will be watching a signal of reversal such as a bearish reversal candle. A failure there could send us back to test those support levels among 1.3400-1.3375 again.
GBP/USD Growth – Breakout on News MomentumGBP/USD has strongly rebounded from the immediate support at 1.3490, holding above the trendline. This momentum is driving price action closer to the key resistance at 1.3650, where profit-taking pressure may emerge. A clear breakout above this level would confirm and extend the short-term bullish trend.
On the news side, the dovish remarks from Fed Chair Jerome Powell at Jackson Hole weakened the USD, providing a strong push for GBP/USD to break above 1.3500. In addition, markets are awaiting U.S. PMI data and the Fed’s upcoming policy direction, both of which could further support the pound’s upward momentum.
Suggested strategy: Traders may consider buying near the immediate support zone, setting a short-term target at 1.3650, with a further extension to 1.3720 if the breakout holds. A stop-loss should be placed below 1.3390 to limit risks in case of a trend reversal.
GBPUSD BULISH CONTINUATION📉 CHOCH Spotted (LTF) – indicating a possible continuation UPWARD!
🔥 BUYERS in control after breaking structure.
Entry: I will enter once I get a good confirmation in the demand zone
🎯 TP: Supply zone above
🛑 SL: Just below the demand zone
LET ME KNOW WHAT YOU THINK ABOUT THIS TRADE
GBPUSD uptrend continuation, Fed rate cuts? The GBPUSD remains in a bullish trend, with recent price action showing signs of a consolidation breakout rally within the broader uptrend.
Support Zone: 1.3466 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.3466 would confirm ongoing upside momentum, with potential targets at:
1.3675 – initial resistance
1.3730 – psychological and structural level
1.3790 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 1.3466 would weaken the bullish outlook and suggest deeper downside risk toward:
1.3414 – minor support
1.3390 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the GBPUSD holds above 1.3466. A sustained break below this level could shift momentum to the downside in the short term.
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GBPUSD: Strong Uptrend – Heading Toward New LevelsGBPUSD is in an uptrend after breaking through key resistance levels. The chart shows that if the price continues to hold above 1.33870, the pair could target 1.34990 in the short term.
Technical Analysis: GBPUSD is currently trading near the support level at 1.33870. If the price holds above this level and does not break it, the likelihood of further upside is high, with the next target at 1.34990.
Fundamental Analysis: Following negative news from the USD, particularly President Donald Trump’s statement about firing a Federal Reserve board member, the USD weakened. This has created an opportunity for GBP to strengthen.
Trading Strategy: Open a buy order when the price holds above 1.33870, targeting 1.34990. Set a stop-loss below 1.33870 to protect the trade.
GBPUSD: Bearish Momentum Persists Amid Weak Fundamentals ? FX:GBPUSD continues to show weakness both technically and fundamentally. The price action has shifted clearly from the previous upward channel to a clear downward structure, and sellers are still in control.
From a technical perspective, the pair has failed to hold above key resistance levels and continues to respect the descending trendline. Each retest of the upper boundary has been met with rejection. With this structure intact, the path of least resistance remains downward, targeting the next support level.
On the fundamental side, the US dollar is recovering, while the British pound faces pressure as UK economic indicators, including growth and inflation, point to a downturn. As long as these conditions persist, GBPUSD is unlikely to make a significant recovery.
Unless the descending trendline is broken with conviction, the bearish trend remains dominant, with further declines likely toward lower support zones.
GBPUSD Technical & Order Flow AnalysisOur analysis is based on a multi-timeframe top-down approach and fundamental analysis.
Based on our assessment, the price is expected to return to the monthly level.
DISCLAIMER: This analysis may change at any time without notice and is solely intended to assist traders in making independent investment decisions. Please note that this is a prediction, and I have no obligation to act on it, nor should you.
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