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U.S. Dollar / Pound Sterling

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USDGBP trade ideas

GBP/USD – 15M Key Swing SetupPrice is testing the swing high zone with two possible paths depending on reaction. Both bullish and bearish scenarios are in play. Bullish Plan: Break & hold above swing high (~1.3566) → Push toward strong high (~1.3580) → Continuation to P1D High (~1.3595) Bearish Plan: Reject from swing high → Break swing low (~1.3541) → Drop toward P1D Low (~1.3510) Key Zones: 🔴 Swing High: 1.3566 🟢 Swing Low: 1.3541 🟢 P1D Low: 1.3510 Patience will pay — let the market confirm direction before entry.
by CoreliquidityLab
Bullish bounce?The Cable (GBP/USD) is falling towards the pivot and could bounce off the 1st resistance. Pivot: 1.3472 1st Support: 1.3366 1st Resistance: 1.3590 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
GBPUSD → Breakout of resistance after consolidationFX:GBPUSD is rebounding from strong daily resistance with the aim of consolidating its pre-breakout potential. The fundamental background for the pound is positive... GBPUSD has a strong market structure. A false breakout of resistance at 1.3589 is forming. The level could not be broken on the first attempt, MM may form a correction or consolidation for a retest of resistance with the aim of a breakout and further growth. Focus on the liquidity zone at 1.35, 1.3488. The dollar is in a downward movement within the global bearish trend. Despite conflicting news, the index continues to decline, giving the pound a chance... Resistance levels: 1.3589 Support levels: 1.3521, 1.3488 The market needs consolidation in order to break through this barrier. Against the backdrop of a bullish trend, which is already supporting the market, we can expect a rebound from support with the aim of continuing growth. Best regards, R. Linda!
Long
by RLinda
3
GBPUSDOffice for National Statistics has released GDP report which Measure the Change in the total value of all goods and services produced by the economy; Frequency Released monthly, about 40 days after the month ends It's the broadest measure of economic activity and the primary gauge of the economy's health. The latest UK economic data for the second quarter of 2025 and recent monthly figures show a mixed but generally positive picture: GDP grew by 0.4% month-over-month in June (actual 0.4%, forecast 0.2%, previous -0.1%) Preliminary GDP growth for Q2 was 0.3% quarter-over-quarter, beating the 0.1% forecast but slowing from 0.7% in Q1 Construction output rose by 0.3% month-over-month, matching expectations and improving from -0.5% previously Goods trade deficit widened slightly to -£22.2 billion (forecast -£21.7B) The Index of Services grew by 0.4% over the past 3 months, exceeding forecasts of 0.2% Industrial production increased by 0.7% month-over-month, more than doubling expectations of 0.3% Manufacturing output grew by 0.5%, slightly above the 0.4% forecast and recovering from -1.0% previously Preliminary business investment fell sharply by 4.0% quarter-over-quarter, well below the forecasted 0.1% rise The results suggest the UK economy avoided a recession in Q2, with growth driven by stronger services, construction, and industrial production. However, business investment remains weak with a significant contraction, indicating cautious corporate sentiment. The widening trade deficit also adds to economic challenges. Analysts note this growth is partly influenced by stockpiling and activity brought forward ahead of changes in US tariffs and stamp duty. While growth is better than expected, underlying momentum remains fragile, with inflation pressures and business uncertainties creating headwinds. Overall, the UK economy shows moderate expansion but faces challenges from weak investment, trade imbalances, and inflation, complicating prospects for sustained growth. Policymakers remain cautious about balancing inflation control with growth support. #gbpusd
by Shavyfxhub
GBPUSD Channel Up started a new Bullish LegThe GBPUSD pair has been trading within a Channel Up since the January 13 2025 bottom. Right now, the pattern has already initiated the new Bullish Leg. With the 1D RSI having rebounded on the 30.00 oversold level, it draws comparisons to the first Bullish Leg o the Channel Up. That made a +7.59% rise to hit its 2.0 Fibonacci extension. As a result, our medium-term Target is set a 1.40575. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
GBPUSD – DAILY FORECAST Q3 | W33 | D15 | Y25📊 GBPUSD – DAILY FORECAST Q3 | W33 | D15 | Y25 Daily Forecast 🔍📅 Here’s a short diagnosis of the current chart setup 🧠📈 Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭. It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias. This keeps us disciplined and aligned with what price action is truly telling us. 📈 Risk Management Protocols 🔑 Core principles: Max 1% risk per trade Only execute at pre-identified levels Use alerts, not emotion Stick to your RR plan — minimum 1:2 🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk. 🧠 Weekly FRGNT Insight "Trade what the market gives, not what your ego wants." Stay mechanical. Stay focused. Let the probabilities work. FX:GBPUSD
Short
by JCFRGNT
GBP/USD at Weekly Supply – Is the Pound About to Collapse?Technical Outlook: GBP/USD is currently trading around 1.3535, testing a significant weekly supply zone between 1.3500–1.3600. The recent bullish impulse has brought price back into a strong confluence area marked by prior distribution in late July. The RSI is approaching overbought levels on the daily chart, suggesting a potential short-term exhaustion of buying momentum. My base scenario anticipates a rejection from the current zone, with the possibility of a retracement toward 1.3250–1.3150, aligning with the next demand area and historical price reaction. The projected short-term pattern shows a potential lower high forming before a deeper move down toward the yearly lows. COT Positioning: USD Index (as of 05 Aug 2025): Non-commercials decreased longs by -2,561 and slightly increased shorts (+313), showing a minor bearish tilt for USD in the short term. GBP Futures: Large specs significantly reduced longs (-22,164) while also trimming shorts (-889), with commercials adding substantial long exposure (+20,125). This shift indicates reduced speculative confidence in GBP upside, while commercial buying suggests hedging or value positioning. Overall, COT data tilts toward a potential GBP correction rather than sustained breakout. Seasonality: GBP/USD historically underperforms in the second half of August across 5, 10, and 15-year averages. The 20-year tendency shows a mild decline starting mid-month into early September, aligning with the current resistance test and potential for downside momentum. Sentiment: Retail sentiment shows 66% short vs. 34% long. The majority of retail traders are positioned against the recent bullish push, which could fuel a brief squeeze higher before reversal. However, the confluence of COT, technical resistance, and seasonality keeps the medium-term bias bearish. Conclusion & Bias: Primary scenario: Short bias from 1.3530–1.3600 supply zone targeting 1.3250, then 1.3150 if momentum confirms. Invalidation: Daily close above 1.3650 would weaken the short setup and open the path toward 1.3700–1.3750.
Short
by EdgeTradingJourney
4
SELL GBPUSD for bullish divergence trend reversal STOP LOSS: 1.3SELL GBPUSD for bullish divergence trend reversal STOP LOSS: 1.3657 Regular Bearish Divergence In case of Regular Bearish Divergence: * The Indicator shows Lower Highs * Actual Market Price shows Higher Highs We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart..... The daily time frame is showing strength of trend reversal from this level resistance so we are looking for the trend reversal and correction push from here ..... TAKE PROFIT: take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with........
Short
by BALE_FX
GBP/USD Extends Rally After Breaking Key TrendlineHello everyone, what are your thoughts on FX:GBPUSD ? Today, the pair continues its winning streak, currently trading around 1.358. Broad selling pressure on the US Dollar (USD) has fueled GBP/USD’s bullish momentum. From a technical perspective, the pair has successfully broken above the descending trendline and closed higher, adding further strength to the bulls. Price is now testing immediate resistance, and the formation of a head-and-shoulders pattern is showing strong potential. If this setup completes, the next target could be the resistance at the 1.374 high. What about you — where do you think GBP/USD is heading next? Share your thoughts in the comments!
Long
by Kevinn_Nguyen
2
Potential bearish drop?GBP/USD has rejected the resistance level, which is a pullback resistance, and could drop from this level to our take-profit. Entry: 1.3592 Why we like it: There is a pullback resistance level. Stop loss: 1.3691 Why we like it: There is a pullback resistance that is slightly below the 127.2% Fibonacci extension. Take profit: 1.3401 Why we like it: There is a pullback support that is slightly below the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
1