End of trend with Head & Shoulders forming. On the monthly chart the pair has been ranging between 1.2 and 1.43 since 2016 with resistance established 2018. Currently on up leg of third cycle. Ignoring the Liz Truss blip.
Daily chart uptrend established Jan 25 and should continue up to resistance. However possible head & shoulders forming, which would indicate change of character, at most recent cycle but a good trade up to right shoulder still possible and then it will change to down trend to trend line
4H - Price at good quality demand with 4 basing candles. Ready for reversal and long to potential right shoulder at 1.355 or higher all the way to multiyear resistance.
COT Non-com and retail are increasing positions and commercials are reducing. Valuation is cheap.
Plan: waiting for US CPI data and confirmation of direction change and then long with stop at 1.33570 and TP at 1.355 to right shoulder. (I like these as worst that can happen, after up move is confirmed, is H&S doesnt form and it continues to upside increasing R:R). Followed by good short.
Let me know what you think
GBPUSD trade ideas
GBPUSD Pauses After Hitting First Target Amid USD-Driven TurbuleGBPUSD Pauses After Hitting First Target Amid USD-Driven Turbulence
Following our previous analysis, GBPUSD reached its first downside target and is currently experiencing a brief pause.
The U.S. has begun sending letters to multiple trading partners, stirring market uncertainty. This diplomatic disruption is strengthening the USD, giving it a tactical edge.
Should GBPUSD correct back toward 1.3600, there's potential for renewed downside movement in the coming days—particularly if market clarity improves.
🎯 Next key targets:
1.3435
1.3330
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 Short, 21 JulyShort-Term Bearish Bias Despite HTF OB
Even though we sit at a Daily Orderblock (Buy), LTF structure remains bearish, and price respects both D/4H EMA.
📉 Confluence:
Multiple Asia lows unfilled
Clear snap of recent lows
Gap on DXY still open
DXY lacks perfect structure but aligns with 4H EMA and gaps = possible short-term drop
On GU 15m Extreme OB in play
🎯 Entry: Waiting for 1m BOS to confirm sellers stepping in
🛡️ SL: Slight risk, can’t fully cover highs with a 10 pip stop
📌 TP: Focused on completing Asia lows with 1:3 RR target minimum
GBPUSD is Bearish! Look for Sells!Welcome back to the Weekly Forex Forecast for the week of July 21-25th.
In this video, we will analyze the following FX market:
GBPUSD
Expecting the USD to continue to push higher, which would further drag the EURO down. Look to take advantage of this dynamic and wait for sell setups!
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Market Analysis: GBP/USD Dips FurtherMarket Analysis: GBP/USD Dips Further
GBP/USD started a downside correction from the 1.3620 zone.
Important Takeaways for GBP/USD Analysis Today
- The British Pound started a fresh decline and settled below the 1.3500 zone.
- There is a connecting bullish trend line forming with support at 1.3415 on the hourly chart of GBP/USD at FXOpen.
GBP/USD Technical Analysis
On the hourly chart of GBP/USD at FXOpen, the pair struggled above the 1.3600 zone. The British Pound started a fresh decline below the 1.3550 pivot level against the US Dollar, as discussed in the previous analysis.
The pair dipped below the 1.3500 and 1.3450 levels. A low was formed at 1.3364 and the pair is now consolidating losses. On the upside, it is facing resistance near the 1.3475 level. The next key resistance is near 1.3490 and the 50% Fib retracement level of the downward move from the 1.3619 swing high to the 1.3364 low.
An upside break above the 1.3490 zone could send the pair toward 1.3520 and the 61.8% Fib retracement level.
More gains might open the doors for a test of 1.3620. If there is another decline, the pair could find support near the 1.3415 level and a connecting bullish trend line. The first major support sits near the 1.3365 zone.
The next major support is 1.3350. If there is a break below 1.3350, the pair could extend the decline. The next key support is near the 1.3320 level. Any more losses might call for a test of 1.3250.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Bullish reversal?GBP/USD is reacting off the support level which is an overlap support and could bounce from this level to our take profit.
Entry: 1.3396
Why we like it:
There is an overlap support.
Stop loss: 1.3318
Why we like it:
There is a pullback support.
Take profit: 1.3503
Why we like it:
There is a pullback resistance 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.
GBPUSD Under Pressure! SELL!
My dear subscribers,
GBPUSD looks like it will make a good move, and here are the details:
The market is trading on 1.3483 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.3457
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
GBP USD shortIf the trend is bearish, who am I to go against it?
Fun fact: the moment I'm sure about something is usually the moment I make a mistake.
By the way, I’m finding this setup interesting. These analyses aren’t based on a well-defined strategy — they’re experimental. Years of failing and testing have only taught me 87 ways that don’t work, not one that definitely does.
Lately, I’m trying something I call the "bombard strategy." If you feel strongly about a trade, you just go for it. Sometimes you might even have both short and long positions open on the same pair at the same time. The only real trick is to make sure your take-profit (TP) is at least twice as big as your stop-loss (SL).
News events are so unpredictable. Most of the time, you won’t even reach your TP — you’ll have to manually close the trade early, or you risk losing your gains. It’s like a mathematical game.
In this chaotic market, to master it, you have to master chaos.
How? I don’t know yet. I’m just going with my gut feeling… backed by five years of experience watching the charts.
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 !
GBPUSD Is Bearish! Short!
Take a look at our analysis for GBPUSD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 1.341.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.338 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
Gbpusd Analysis is Ready Move will be down technical analysis of the GBP/USD (British Pound/US Dollar) currency pair on the 30-minute timeframe using FOREX.com data. Here's a detailed breakdown of the analysis:
---
Chart Summary:
Current Price:
Sell: 1.34401
Buy: 1.34406
Timeframe: 30 minutes (M30)
Platform: TradingView with FOREX.com data
Technical Elements:
1. Ascending Channel (Yellow Parallel Lines):
Price was previously moving in an upward trend within this ascending channel.
The breakout to the downside indicates a potential trend reversal or correction.
2. Bearish Scenario (Blue Arrows):
The chart suggests a short (sell) setup.
Price is expected to face resistance around the 1.34513–1.34600 zone (marked by the green line).
A projected downward move is illustrated with blue arrows, targeting 1.33770.
3. Stop Loss:
Positioned at 1.34743 (highlighted in red), above the recent highs — managing risk for the sell position.
4. Support Zones (Blue Boxes):
First support area near 1.34000
Second, stronger support and main target at 1.33770
5. Target Label:
“Target 1.33770” is clearly marked in blue, showing the final expected move of the sell trade.
6. Forecast Path (White Lines):
Indicates potential short-term bullish pullback before continuing the bearish trend.
---
Trade Idea:
Sell GBP/USD near current resistance
Stop Loss: 1.34743
Take Profit (Target): 1.33770
Bias: Bearish short-term, following the channel breakout
Sterling Rebounds But Faces Heavy Resistance Ahead GBP/USD Outlook – Sterling Rebounds But Faces Heavy Resistance Ahead
🌐 Macro Insight – UK Labour Data Mixed, Trump Headlines Stir Market
The British Pound (GBP) regained some lost ground against the U.S. Dollar after the UK labour market data revealed mixed signals:
Wage growth cooled as expected, suggesting a potential easing in inflationary pressures.
UK ILO Unemployment ticked up to 4.7%, raising concerns about labour market fragility.
Meanwhile, in the U.S., President Trump denied reports about firing Fed Chair Powell, briefly easing tensions and stabilizing USD demand.
With both currencies facing mixed narratives, GBP/USD is set for a pivotal move, and traders should stay alert to key liquidity zones and order blocks.
🔍 Technical Setup – MMF + Smart Money Framework
On the H2 chart, GBP/USD has reacted from the OBS BUY ZONE at 1.3376, bouncing with a bullish structure and forming a potential continuation pattern. Price is now expected to target key zones above, where significant order blocks and Fibonacci confluence reside.
⚙️ Key Resistance Zones:
1.3578 – 0.5 Fibonacci Retracement + OBS
1.3627 – 0.618 Fibonacci + Supply Zone
1.3697 – CP Continuation Pattern + H2 Order Block
These areas represent institutional interest for potential sell setups.
✅ Trade Plan for GBP/USD
🟢 BUY ZONE: 1.3376 – 1.3398
SL: 1.3360
TP: 1.3450 → 1.3485 → 1.3530 → 1.3578 → 1.3627
Look for bullish structure confirmation before entering. Target the next liquidity highs and imbalance zones.
🔴 SELL ZONE: 1.3627 – 1.3697
SL: 1.3735
TP: 1.3580 → 1.3530 → 1.3480
Watch for rejection and bearish divergence at supply areas to time potential swing shorts.
🧠 Strategy Notes
This setup combines MMF zones with institutional volume and price action concepts. The pair is currently reacting to a deep discount zone and may climb toward premium levels where selling pressure awaits. Be cautious during New York session volatility, especially with potential U.S. policy headlines and upcoming global inflation data.
🗨 What’s Next?
Are bulls ready to reclaim control or will resistance zones cap this recovery? Drop your ideas below and don’t forget to follow for more institutional-grade insights powered by MMF methodology.
GBPUSD Support & Resistance Levels🚀 Here are some key zones I've identified on the 15m timeframe.
These zones are based on real-time data analysis performed by a custom software I personally developed.
The tool is designed to scan the market continuously and highlight potential areas of interest based on price action behavior and volume dynamics.
Your feedback is welcome!