USDGBP trade ideas
GBP weakness + USD gaining bullish momentumFX:GBPUSD 🧠 What’s Driving GBP Weakness?
❄️ Cooling Inflation: Slows BoE policy tightening
🔻 Contracting Manufacturing: PMI deep in the red
🛍️ Falling Retail Sales: UK consumers are pulling back
💼 Labor Market Cracking: Recent jobs data may be peak
💣 BoE Dovish Pivot Incoming: Markets are anticipating future cuts in 2025
🇺🇸 USD Strength: Fed holding steady, US macro much stronger than UK
🧭 Extra Confluence: USD Strength
USD is being supported by:
Strong US labor market 🟢
Higher for longer Fed 🟢
Global risk-off sentiment 🟢
Positive divergence in US CPI and Retail Sales 🟢
📌 GBPUSD is not just a GBP short — it’s a USD long play too.
🧩 Historical Price Action Pattern
In 2023 Q3, GBP/USD dropped nearly 700 pips in 6 weeks during similar macro shifts — soft BoE + strong USD.
We may be setting up for a repeat pattern now.
🗣️ What’s Your Take?
Are you looking to short GBP/USD this month?
Where’s your target or trigger zone?
Let’s compare setups ⤵️
I’m sharing more breakdowns weekly — follow for macro + technical convergence trades.
GBPUSD: Selling the Retest | Clean Break, Wait for Confirmation🔻 GBPUSD | Sell the Retest of Broken Support
Timeframe: 1H
Bias: Bearish
Type: Break and Retest
📊 Technical Setup
GBPUSD has broken a key 4H support zone (~1.3460–1.3494) which now acts as a turncoat resistance. Price is currently pulling back, offering a prime opportunity to sell the retest.
• Entry: 1.3460–1.3490 (after confirmation of rejection)
• SL: Above 1.3508
• TP: 1.3398
• RR: ~1:2
• RSI: Bearish momentum, RSI < 50 with mild recovery—ideal for a fade trade
📉 Macro & Fundamental Confluence
• GBP: Despite hawkish BOE tone, GBP is showing technical weakness and soft CFTC positioning
• USD: Strong macro bias with rising conditional score and delayed Fed cuts (still supporting USD strength)
• Seasonal Bias: GBPUSD marked bearish in seasonal chart
• COT Data: GBP positioning turning bearish after previous net build-up
🧭 Gameplan
“Wait for the retest of broken support-turned-resistance to reject before entering short. Stick to the zone.”
🔔 Set alerts around 1.3460–1.3490 and monitor for bearish engulfing or pinbar confirmation.
USD Turns GBP On Its "Head"FX:GBPUSD has formed a Head & Shoulders Pattern!
Price has already broken down below the "Neckline" to Confirm that Pattern.
Currently, Price is working its way back up to retest the Breakout and if the level is strong enough and holds, we could see Price follow through with its reversal to lower prices!
If the retest is successful, the May 12th Lows of 1.31741 - 1.31394 could be a good Support level to set as a Price Target.
Now we wait for a Retest!
GBPUSD: Bearish Continuation & Short Signal
GBPUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPUSD
Entry Point - 1.3264
Stop Loss - 1.3287
Take Profit -1.3218
Our Risk - 1%
Start protection of your profits from lower levels
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❤️Please, support our work with like & comment! ❤️
Bull Trap Confirmed: GBPUSD's 8% Rally Faces ExhaustionLets Face it we had a great 6 months already clocking 60%+ Returns already.
And after sitting ducks for almost 2 months now we finally have a trade.
- Its a very self explanatory chart
- Trading at resistance
- Head & Shoulder pattern
And the best part the right shoulder is still yet to be formed! My favourite type of entry.
1.It gives a better risk reward ratio (1:7 expected)
2.Better Entry (No long red candles)
3. And even if the pattern fails it we may still reach the neck line which is target 1.
Entry Criteria
- A Red candle at the entry Line Marked
- Stoploss Above the Entry Candle
Target 1- 1.3361
Target 2- 1.3252
Target 3- 1.3169
Keep Your Risk Reward Intact! Not An investment Advice
Exciting GBP/USD
🚨 **We’re currently deep in wave (2) correction**
What’s unfolding? Most likely a zigzag — or even a double zigzag. Volatility is cooking up something big!
💥 But here’s the real thrill… once this phase wraps up:
📈 **Brace for a fiery wave (3) rally** — a breakout move that could shake up the market 💸
🎯 Ready to ride the next wave? This is not the time to sit back — smart analysis and timely action could make all the difference.
#Forex #TechnicalAnalysis #GBPUSD #OpportunityIsComing
GBPUSD - 31/7/25 - Bullish reversalThe setup is not great, but im expecting a pull back on the dollar which should result in a bullish move on the GBP and EUR.
There is an extreme zone that i would like price to reach to with the possibility of not taking out the previous HL. But lets see.
+ve:
1. Extreme zone that resulted in the bullish move.
2. slight imbalance above the extreme zone
3. Dollar setting up for a pull back that will result in a bullish move on GBP
4. TP is just above the equal high liquidity zone
-ve:
1. close to the higher low and that may be swept
GBPUSD Technical BreakdownTrendline Breakout:
Price has decisively broken above a short-term descending trendline, signaling a potential shift in intraday momentum from bearish to bullish.
Support Zone (1.3185 – 1.3195):
This demand area has provided a strong base, with multiple successful rejections confirming buyer interest.
Resistance Levels:
Near-term resistance: 1.3213 (minor breakout level – watch for retest)
Key upside targets: 1.3240 followed by the major supply zone at 1.3275 – 1.3290
📈 Trade Outlook:
Bias: Bullish above 1.3213
Entry Idea: Look for bullish confirmation on a retest of 1.3213 as support
Targets:
TP1: 1.3240
TP2: 1.3275 – 1.3290
Invalidation: A sustained move below 1.3185 would invalidate the setup and reopen downside risk.
GBP/USDHello traders!
This is a trade setup for GBP/USD, based on volume and trend analysis.
Entry Price: 1.31947
Stop-Loss (SL): 1.32077
Take-Profit (TP): 1.31707
The trade is intended to be executed instantly at the mentioned price, in alignment with both volume behavior and the current trend direction.
Disclaimer: This setup is shared purely for backtesting purposes and to document trade ideas. It is not financial advice. Always perform your own analysis before making any trading decisions.
Could GBPUSD break the support at 1.3100?The pound extended its decline amid a stronger dollar and softening UK labour market, which fueled BoE rate cut expectations. From a technical perspective, GBPUSD broke out of the ascending channel and closed below the Ichimoku Cloud. If GBPUSD extends its decline and breaks the support at 1.3100, the price could approach the following swing low at 1.2720. Conversely, a rebound from the support at 1.3100 could prompt a retest of the resistance at 1.3380.
By Li Xing Gan, Financial Markets Strategist Consultant to Exness
GBPUSD Technical Overview GBPUSD Technical Overview
GBPUSD recently peaked at 1.3790, aligning with a key historical resistance zone from October 2021. On the Daily Chart, this move completed a significant bearish pattern, suggesting the potential for further downside.
Over the last 7 trading sessions, the pair has declined nearly 400 pips, moving decisively lower.
Given the steep drop, a technical correction may be on the horizon before GBPUSD potentially resumes its bearish trajectory, as indicated by the current chart setup.
If NFP data can be strong today, GBPUSD could extend to the first target 1.3100 or 1.3000 as shown in the chart.
Overall, GBPUSD looks like it has started a downtrend.
Let's see how the price will unfolds.
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 Is Going Up! Buy!
Take a look at our analysis for GBPUSD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.319.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.345 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPUSD – DAILY FORECAST Q3 | W31 | D1 | Y25📊 GBPUSD – DAILY FORECAST
Q3 | W31 | D1 | 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
Bullish reversal off overlap support?The Cable (GBP/USD) is falling towards the pivot and could bounce to the 1st resistance, which is a pullback resistance that is slightly below the 38.2% Fibonacci retracement.
Pivot: 1.3159
1st Support: 1.3049
1st Resistance: 1.3321
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Fundamental Market Analysis for August 1, 2025 GBPUSDThe pound remains under pressure due to the strengthening of the dollar and expectations of further easing of the Bank of England's policy at its meeting on August 7. The regulator's rhetoric in June-July pointed to a “gradual and cautious” course of rate cuts amid weak growth, and the market is pricing in the likelihood of another move at the next meeting. The situation is complicated by the fact that July inflation in Britain unexpectedly accelerated, but the regulator interprets it as a temporary consequence of tariff and price shocks, not wanting to tighten financial conditions excessively.
The external environment is also unfavorable for the GBP: the US has imposed new tariffs on a number of trading partners, strengthening demand for the dollar as a risk-free asset. For the UK, the trade implications are mixed: part of the supply chain is focused on the dollar zone, and industry is sensitive to global demand, which, in the context of prolonged uncertainty, is hitting investment and employment expectations. The risks of a decline in private sector business activity remain elevated.
Today, attention is focused on US employment data: if the labor market confirms its stability, the likelihood of a Fed rate cut in September will decrease further, which will keep the dollar in the ascendancy. All these factors combined create a bearish bias for GBPUSD in the short term, with any brief rebounds from local oversold conditions typically being used for selling.
Trading recommendation: SELL 1.32000, SL 1.32500, TP 1.31000