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British Pound vs US Dollar

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GBPUSD.P trade ideas

Counter Trend Long opportunity on GUPrice has recently tapped into a significant level around 1.26. and has posted a pin bar on the 4hr and a morning star pattern on the 1hr. the overall trend has turn bearish with a massive move down of late. so this trade is a bit risky but we typically except a bullish pullback following a bearish break of structure before see a continuation to the downside. My fist target is 1.27, which oddly lines up with the 236 fib level. trade safely and protect the capital.
Long
by Red5FX
3 Steps to Trade Like a Pro Without Losing Your Sanity !🎯You’re here because you’re tired of watching the market run away without you, right? 🚀 You enter too late, exit too early, or worse—hold onto losers like they’re a long-lost love. 💔 It’s time to stop trading like a gambler and start trading like a sniper. 🎯 Buckle up, because this isn’t just another “blah blah strategy” blog. We’re breaking it down George-style: no fluff, no nonsense, just actionable steps (and a bit of sass). 🔥 Step 1: Spot the Uptrend—Your VIP Entrance to the Market Party 🎟️ Every great trade starts with one thing: momentum. That big blue arrow you see? 🌀 That’s the market screaming, "Follow me if you want to live… financially." What NOT to do: Don’t second-guess the trend. If price is moving up like a rocket, don’t be the guy saying, "But it feels like it might drop." 🙄 And please, for the love of pips, don’t trade against the trend. That’s like swimming upstream with a cement backpack. 🏋️‍♂️ George says: The trend is your bestie—until it’s not. Stick with it while it’s hot, but keep an eye on the exit door. 🚪 ⚡ Step 2: Check RSI—Because Not All Trends Are Honest 🤥 Here’s where it gets spicy. 🌶️ Price can look like it’s climbing Mount Everest, 🏔️ but RSI might be wheezing at base camp. When price keeps going up but RSI says, “Nah, I’m done,” you’ve got RSI divergence, my friend. That’s your first red flag. 🚩 Think of RSI as your market mood detector. If it’s throwing shade, pay attention. 👀 What to watch for: Price making higher highs while RSI makes lower highs. 📉 RSI hanging out near oversold like it’s got nowhere better to be. 😴 George says: When price and RSI don’t get along, something’s about to break—and it’s not your trading account if you play this right. 💸 💥 Step 3: Wait for the Trendline to Break—Patience, Grasshopper 🧘 Here’s the part where most traders mess up: impatience. They see a slight pullback and jump in faster than you can say, “margin call.” 😱 Don’t do it. Wait for the trendline to snap like a cheap rubber band. ✂️ That’s your confirmation. Then, and only then, do you make your move. The Setup: Risk $1 to make $3. Always. 🤑 You’re not here to “just survive”—you’re here to thrive. 🌟 Use a stop-loss. Because “hope” is not a risk management strategy. 🤦 George says: A trendline break is like the market giving you a wink. 😉 Ignore it, and you’ll regret it. Why This Works (and Why Most Traders Fail) 💡 This setup isn’t rocket science—it’s logic. 🤓 Spot the trend. Wait for the market to lose steam. Then confirm it with a trendline break. Simple, right? ✅ Yet 90% of traders will still overcomplicate it with 14 indicators, a gut feeling, and a sprinkle of overconfidence. 😵‍💫 But not you. You’ve got the plan, the patience, and now, the edge. 🔪 Final Words from George: 💬 Trading is like dating. If you’re too eager, you’ll scare off the good setups and end up stuck with losers. 😂 But if you wait for the right one—oh boy, it’s worth it. 💍 So, stop overthinking, trust the plan, and let the market come to you. Now go out there and trade smart. And remember: Patience prints profits. 🖨️💰 Cheers to making the market your ATM. 🥂 PS: Risk $1, make $3. It's the kind of math we all like! 😏
Education
by EdgeDotForex
GBPUSD FREE FALLThe GBP/USD currency pair has recently exhibited a downward trend, driven by macroeconomic uncertainties such as geopolitical tensions and global growth concerns, leading investors to favor the U.S. dollar as a safe haven. Divergent monetary policies, with the Federal Reserve maintaining a hawkish stance and the Bank of England adopting a more cautious approach, have further pressured the pair. Technical indicators show breaches of key support levels like 1.2842, signaling a continuation of the bearish trend. Traders should closely monitor economic data and central bank communications to adapt their strategies.
Short
by edl75
"GBPUSD: Decline Likely to Accelerate Post-Breakdown"The GBP/USD currency pair continues its downward trajectory, signaling a sustained bearish momentum in the market. Currently, the price is testing a critical support level at 1.267, showing indications of a potential false breakdown. This pattern often precedes a short-lived recovery, misleading market participants before the broader trend resumes. While the U.S. dollar has slightly lost ground in recent trading sessions, the overall sentiment still leans in its favor, maintaining pressure on the pound. From a technical standpoint, the false breakdown around 1.267 could serve as a catalyst for a brief corrective move. Such movements are often seen as "bull traps" or manipulative price actions intended to shake out weak positions before resuming the primary trend. Key resistance levels that traders should monitor during this potential correction include 1.272, 1.277, and 1.280. These zones represent areas of interest where selling pressure might reassert itself, reinforcing the downward trajectory. On a fundamental level, the outlook for GBP/USD remains grim. The pound faces significant headwinds amid a broadly bullish U.S. dollar environment, fueled by factors such as economic resilience in the U.S., rising Treasury yields, and expectations of further Federal Reserve rate hikes. Simultaneously, the UK economy continues to grapple with subdued growth prospects, persistent inflationary pressures, and geopolitical uncertainties. These dynamics are creating a challenging backdrop for sterling, with downward pressure expected to persist in the medium term. A critical scenario to consider is the possibility of a breakdown below 1.267. Should this support level fail and the price consolidate beneath it, the bearish case would strengthen considerably. In this event, the next significant support levels to watch would be 1.261, 1.250, and potentially lower, as sellers might gain momentum and accelerate the decline. For traders, the key lies in observing price behavior at the identified levels. If the bears successfully defend the 1.267 mark and establish firm control below it, the likelihood of an intensified sell-off becomes much higher. Conversely, if the price stages a recovery, traders should remain cautious of the resistance levels mentioned earlier, as these could serve as turning points for renewed bearish action. In conclusion, the GBP/USD pair is at a pivotal juncture, with the interplay between technical patterns and fundamental drivers determining its next major move. While a temporary correction remains plausible, the broader picture continues to favor a bearish outlook, with further declines anticipated in the medium term. As always, careful monitoring of key levels and market sentiment will be crucial for navigating this dynamic trading environment.
Short
by lonelyPlayer0
GBPUSD Is Bullish! Long! Take a look at our analysis for GBPUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.264. The above observations make me that the market will inevitably achieve 1.276 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPUSD Sustained SellsGU unlike EU is actually a bearish market overall and this makes sells more readily available to me. TBH since shifting over to trading gold almost exclusively I can't stand how much slower forex pairs such as GU and EU move by comparison so it is unlikely that I would trade it even if I do end up seeing something but I will call it out if I feel like it needs to do so. That being said, GU is currently in consolidation right now after just breaking out of a previous consolidation. When we look at what GU has been doing over the past few weeks it also shows heavy bearish momentum If you even look at the peak one might even say that price stop hunted high to get rid of sellers who had stops higher, but I'm not quite sure so I won't use that as a confluence within this particular analysis. This is what I see, price stumbling within the consolidation a bit more and then pushing up to about this level or so to get rid of sellers stops within both the consolidation areas and then drop after that. My reason for using this particular path is simple. I think the dealer wants to get rid of sellers but he can't drive price so high such that he gives new sellers a better opportunity - if price goes any higher he may give sellers the signal they are looking for to get in which invalidates the dealer's move. If price gets up to the level highlighted by the blue marker sells are probably off the table temporarily.
Short
by Brandon_evo4
GBPUSD Start thinking of buying. Will find support soon.The GBPUSD pair couldn't have given us a better sell signal last time we looked into it (October 09, see chart below) as it broke first below the 1D MA50 (blue trend-line) then the Bullish Megaphone and is very close to our 1.2550 Target: We are approaching the stage where selling becomes far riskier than buying as the pair is approaching the 0.786 Fibonacci retracement level, which on the September - October 2023 fractal (that has been the basis of our previous sell strategy), formed the bottom and initiated a Channel Up to the (orange) 0.618 Fib. Even the 1D MACD indicates that we are probably a few days before this bottom is formed and will be confirmed with a Bullish Cross. As a result, we are prepared to take this long and target 1.3100 (the 0.618 Fib). ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
GBP/USD 30-Minute GBP/USD 30-Minute Chart Analysis with Friday's Economic Events This GBP/USD chart shows a long setup based on technical levels and key economic events for Friday, November 15. The price has been trading near a support zone around 1.2662, and with today’s economic reports, there’s potential for bullish movement. Key Targets and Levels: CPI High (Wednesday): I’m using Wednesday's CPI report’s 30-minute high as an upper resistance target, as it still represents a significant level from mid-week. Monday Low: The low point from Monday at 1.2856 remains a high-probability target if bullish momentum continues. Economic Events on Friday (November 15): Today's economic data, reflected on Forex Factory, includes reports that could impact GBP/USD’s movement. These reports are likely to drive volatility, giving potential for price action to reach the identified levels. This setup aligns with the risk-to-reward strategy, with the stop loss below support in case of reversal.
Long
by Mustafe9_Mohamed
GBPUSD → The fall after the breakdown will intensifyFX:GBPUSD continues to fall downwards. The price is testing the strong support at 1.267 and forms a false breakdown. The dollar is losing ground a bit in the meantime.... Theoretically, the currency pair after the false breakdown can form a correction (a trap or a crowd trick) before a further fall. Zones of interest in our case could be 1.272, 1.277, 1.28. Fundamentally, the situation is not the best, the pressure on the pound, on the background of the dollar rally, is present more than enough, accordingly, in the medium term we should expect a continuation of the fall. The trigger for this could be a false breakdown of resistance or a breakdown of 1.267 and consolidation below this zone. Support levels: 1.267, 1.261, 1,25 Resistance levels: 1.272, 1.277 We need to watch the price reaction to these key levels. If bears hold 1.267 and consolidate their positions below this zone, the fall will happen sooner. Regards R. Linda!
Short
by RLinda
2