USDGBP trade ideas
GBPUSD HTF Bearish Bias/Head and Shoulders PatternMy bearish bias for GBPUSD has not changed. Price continued to pullback but it is just a matter of time now until we see a drop. And if this Daily TF retest of the head and shoulders pattern is anything to go by, then this will be a nice swing trade.
We just need to be a little bit more patient to get the right entries on lower time frames.
GBPUSD – DAILY FORECAST Q3 | W33 | D13 | Y25📊 GBPUSD – DAILY FORECAST
Q3 | W33 | D13 | Y25
Daily Forecast 🔍📅
Here’s a short diagnosis of the current chart setup 🧠📈
📍Market Update – FRGNT Insight
Price has now entered our higher time frame daily order block, which means longs are becoming the less probable trade as we start watching for a potential rollover into shorts. 📉
However — keep in mind — there’s still room to the upside before any short setups become active. If price drops first into our long POIs, those long trades are still valid. 🎯
Stay sharp:
We’re looking for price to push higher into lower time frame OBs that sit within our higher time frame zone. That’s where confirmation will matter most. 🧠🕵️
Patience and precision — let price come to you.
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
Heading into major resistance?GBP/USD is rising towards the resistance level which is an overlap resistance and could reverse from this level to our take profit.
Entry: 1.3592
Why we like it:
There is an overlap resistance level.
Stop loss: 1.3691
Why we like it:
There is a pullback resistance that is slightly elow the 127.2% Fibonacci extension.
Take profit: 1.3401
Why we like it:
There is a pullback support that is slightly above the 38.2% Fibonacci retracement.
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Could the Cable reverse from here?The price is rising towards the pivot which acts as an overlap resistance and could reverse to the 1st support which is a pullback support.
Pivot: 1.3579
1st Support: 1.3474
1st Resistance: 1.3677
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GU Long Then, ShortM: Downtrend, made a new low
W: Uptrend, respecting the lows
D: Uptrend, price broke and retested trendline
4H: Downtrend, price broke and retested trendline retraced 50% and hit -27 on 4H fib and reversed to go long
1H: Downtrend, price broke and retested support. Then went aggressively long on NFP news (-jobs)
DXY is show bullish divergence
GU minor and daily trend is showing bearish divergence.
CURRENTLY: I'm looking for price to go long to retest support as resistance, then continue short.
Potential reversal starting on smaller time frameWhat I would like to see if sellers coming back into the market. Buyers have slowed down a bit.
There is an intial fractal low I would like to see broken on the smaller time frame. Before breaking the 15min higher low. Once the 15 min higher low is broken(the dotted line), then we may be potentially able to start the downwards movement again
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
Sell GBP/USD - wave C in a bigger 3 wave correction Here is my updated GBP/USD idea after price action closed at the high last week.
I see 2 possibilities here :
1. Wave B is about to end and the beginning of wave C in a bigger ABC 3 wave correction.
If both waves are equal target is around 1.3000 ( 50% retracement of 2025 move )
2. Wave 2 is about to end and the longer 3rd wave is about to start in a 5 wave movement.
Either way I see GBP/USD weakness which makes sense with the growth fundamentals and general problems in the UK at the moment.
Sell : 1.3580 ( under July high 1.35886 which I expect to be taken out )
Stop : 1.3696
Profit : 1.3000 ( 200 Daily MA )
Risk 1:5
This week 11th-15th August has high impact data so I might cancel and update this idea.
GBPUSD, We went long.In the higher time frames (monthly) we are in an uptrend.
In the weekly timeframes we are in an uptrend although we experienced a recent weekly time frame retracement which we believe reached its end (or maybe not).
In the daily time frame we have been in a downtrend due to the weekly retracement mentioned. but again with which seems to have ended pointing out to the recent lowertime frames price actions.
In the lower timeframes, price haves been bullish, with the recent CPI data, we got an entry opportunity which seems to be of a long trade, and we seized it.
We are risking 18 Pips on this trade while aiming for a potential 1:10, on a higher time frame psychological level.
Disclaimer: You know what I mean.