BUY GBPUSDIn todays session we are keenly monitoring CABLE for buying opportunity. Our buy entry is at 1.34258 and our target is at 1.34860 and our tight stop loss is at 1.3400. Use proper risk management. Cheers to you all.
GBPUSD trade ideas
British Pound resumes rally as retail sales jumpThe British pound has posted gains on Friday. In the European session, GBP/USD is trading at 1.3484, up 0.49% on the day. The pound has gained 1.5% this week and is trading at levels not seen since Feb. 2022.
The markets were expecting a banner reading from April retail sales but the actual numbers crushed the forecast. Annual retail sales surged 5%, up from a downwardly revised 1.9% and above the market estimate of 4.5%. This marked the fastest pace of growth since Feb. 2022.
Monthly, retail sales climbed 1.2%, up from a downwardly revised 0.3% in March and blowing past the market estimate of 0.2%. The surge was driven by sharp gains in food store sales and department stores, as favorable weather brought out consumers.
The UK economy has been struggling and strong consumer spending has been a bright spot. Monthly retail sales have now increased for four straight months, which last occurred in 2020.
The UK consumer spending more and is showing more optimism. The GfK consumer confidence index for May improved to -20 from -23 and beat the market estimate of -22. The improvement is likely a result of the de-escalation in global trade tensions as well as the Bank of England rate cut in early May.
The impressive retail sales report, together with higher-than-expected inflation in April will raise expectations for the BoE to hold rates at its next meeting on June 18.
There are no key US releases today but we'll hear from three FOMC members. There has been plenty of Fedspeak this week, with a message that the US tariffs will take a toll on the US economy, even with the temporary deal with China, and that the Fed favors a wait-and-see stance before further rate cuts.
GBP/USD has broken above several resistance lines and is putting pressure in resistance at 1.3493.
There is support at 1.3393 and 1.3367
GBPUSD: The Next Historic Resistances 🇬🇧🇺🇸
GBPUSD keeps rising.
Here are the next historic resistance that the price
may head towards.
Resistance 1: 1.359 - 1.365 area
Resistance 2: 1.375 - 1.383 area
Resistance 3: 1.390 - 1.400 area
Resistance 4: 1.419 - 1.425 area
Resistance 1 is most likely going to be the next goal for the bulls for now.
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Analysis of GBP/USD PriceThe possibility of the GBP/USD exchange rate dropping from the 1.36 USD level has been highlighted, based on the harmonic Butterfly pattern.
This analysis points towards potential movement towards predetermined target levels.
Keep an eye on these developments if you're following the currency market closely, as patterns like this can provide valuable insights for decision-making.
GBPUSD Will Go Up! Buy!
Please, check our technical outlook for GBPUSD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.341.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.350 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.
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GBP/USD Firms as UK Data Performs WellGBP/USD edged up by 0.25% in Friday’s Asian session, nearing 1.3450, after upbeat UK retail sales and consumer confidence data lifted sentiment. The GfK index rose to -20 in May, beating forecasts, while April retail sales surprised to the upside.
However, PMI data showed divergence as manufacturing fell to 45.1 (vs. 46.0 expected), while services ticked up to 50.2 from 49.0.
The pound also benefited from a weaker U.S. dollar as Treasury yields retreated from 19-month highs. Trump’s budget bill, which includes tax breaks on tips and U.S.-made car loans, passed narrowly and is projected to add $3.8 billion to the deficit.
Resistance is at 1.3470, followed by 1.3550 and 1.3700. Key support lies at 1.3250, then 1.3150 and 1.3000.
GBPUSDUK 10-Year Gilt Yield
The UK 10-year gilt yield is approximately 4.73% to 4.77%, recently hitting its highest level since April 2025.
This rise is driven by hotter-than-expected inflation data, with April CPI at 3.5% year-on-year, above forecasts, and core inflation at 3.8%.
Market expectations for Bank of England rate cuts have been scaled back significantly, with only about 34 basis points of cuts priced in for 2025, down from earlier expectations of two cuts.
The yield has risen from around 4.11% a year ago to near 4.76% now, reflecting tightening monetary conditions and inflation concerns.
US 10-Year Treasury Yield
While the exact current US 10-year Treasury yield was not provided in the search results, as of recent data in 2025, it generally trades around 4.5% to 4.6%. This is slightly lower than the UK 10-year gilt yield, indicating a positive interest rate differential in favor of GBP over USD.
Interest Rate Differential (GBPUSD)
With UK 10-year gilt yields near 4.75% and US 10-year Treasury yields around 4.5%, the interest rate differential is roughly +0.25% in favor of GBP.
This differential supports GBP strength against USD, as higher yields attract capital inflows into GBP-denominated assets.
Summary Table
Country 10-Year Bond Yield (%)
United Kingdom ~4.75
United States ~4.50
Interest Rate Differential (GBP - USD) ~+0.25%
Implications for GBPUSD
The higher UK bond yields relative to US yields provide a yield advantage for GBP, which tends to support GBPUSD appreciation.
However, market participants also weigh other factors such as economic growth prospects, central bank policy outlooks, and geopolitical risks.
The reduced expectation of BoE rate cuts and persistent inflation underpin gilt yields and GBP strength.
In conclusion:
As of May 23, 2025, the UK 10-year gilt yield at about 4.75% versus the US 10-year Treasury yield near 4.5% creates a modest positive interest rate differential favoring GBPUSD, supporting the British pound against the US dollar in the current market environment.
IS THE BULLISH CHANNEL NEARING EXHAUSTION OR JUST GEARING UP?GBPUSD OUTLOOK – IS THE BULLISH CHANNEL NEARING EXHAUSTION OR JUST GEARING UP?
📊 Macro Overview:
The USD continues to soften slightly as markets begin pricing in a potential rate cut by the Fed later in Q3. Meanwhile, the British Pound (GBP) is holding firm, supported by stronger-than-expected UK macroeconomic data—particularly retail sales and inflation figures.
However, UK fiscal concerns remain a headwind, and GBPUSD is highly sensitive to upcoming U.S. data—especially Core PCE and employment figures this week.
📉 Technical Analysis:
On the 1H chart, GBPUSD is moving within a broad ascending channel and is now approaching the upper resistance trendline at 1.3555 – a key zone that could trigger short-term profit-taking.
EMAs 13 and 34 are still in bullish alignment, supporting ongoing momentum.
Despite the bullish setup, current candle structure suggests a potential pullback to the 1.3448 support zone before a continuation higher—if buyers regain control.
🔑 Key Price Levels:
Resistance Zones:
🔸 1.3555 – Channel top resistance
🔸 1.3586 – Extended resistance zone
Support Zones:
🔹 1.3448 – Technical and Fibo confluence
🔹 1.3398 – Major structure support in case of breakdown
🛠️ Trade Scenarios:
✅ Scenario 1: BUY on retracement
Entry: 1.3448 (watch for bullish confirmation on H1)
Stop Loss: 1.3394
Take Profit: 1.3500 → 1.3555 → 1.3585
✅ Scenario 2: SELL scalp from resistance
Entry: 1.3555
Stop Loss: 1.3588
Take Profit: 1.3500 → 1.3460
🧠 Final Thoughts:
GBPUSD remains bullish in structure but is testing key resistance levels. A clean pullback to the 1.3448 region may provide a strong buying opportunity if confirmed by price action. If this level breaks, bearish divergence could kick in and push the pair back to deeper support zones. Stay alert for high-impact economic releases and trade with solid risk management!
GBP/USD - Triangle Breakout (23.05.2025)The GBP/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 1.3502
2nd Resistance – 1.3534
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GBPUSD Possibilities To Make Big ShotHi traders,
Here The analysis for FX:GBPUSD im looking for. GBP CPI data already release 2 hours ago. It shows the strong data. The annual inflation rate in the UK jumped to 3.5% in April 2025, the highest since January 2024, from 2.6% in March and above forecasts of 3.3%.
Thus, im prepare for the oppurtuniti come after the data release. At the blue zone 1.33921 - 1.33794 is the best zone to execute. I will waiting in the zone and follow the SOP on lowest timeframe to ensure the best time to execute with quality of trade.
ZONE : 1.33921 - 1.33794
TP1 : 1.34980
TP2 : 1.35450
TP SWING : 1.36000
STOPLOSS : 1.33700
GBPUSD Head and Shoulders PatternIf GBPUSD drops to 1.3255, the Head and Shoulders pattern will be confirmed.
This is a bearish signal, and it could be a good time to consider a short position.
Watch this level closely.
GBPUSD – False Breakout Alert at Channel TopOn the D1 timeframe, GBPUSD continues to maintain a clear bullish structure within an ascending price channel, with steadily rising highs and lows.
Currently, price is approaching the resistance zone near 1.35919 — which is the upper boundary of the channel and also a zone that previously saw strong reactions. As illustrated in the chart, a likely scenario is a false breakout above this zone, followed by a pullback towards the support area at 1.33270–1.32500 to retest the EMA34 region.
If this support holds, price could bounce back in line with the upward channel structure, opening the door to the next target zone.
GBPUSD INTRADAY bullish breakoutThe GBP/USD pair continues to exhibit a bullish longer-term trend, underpinned by a series of higher highs and higher lows. However, recent price action shows consolidation within a sideways trading range, suggesting a pause or potential accumulation before the next directional move.
The key technical level to monitor is 1.3400, which aligns with a prior consolidation zone and serves as a critical support area. A corrective pullback towards this level could present a buying opportunity, particularly if price action forms a bullish reversal pattern around this zone. A successful rebound from 1.3400 would likely target resistance levels at 1.3470, followed by 1.3500 and 1.3550 on a longer-term basis.
Conversely, a daily close below 1.3400 would invalidate the current bullish bias and suggest a shift in sentiment. This scenario opens the door for further downside towards the next support at 1.3370, with extended losses potentially reaching 1.3340.
Conclusion:
While the broader trend remains bullish, GBP/USD is currently range-bound. Traders should watch for a reaction around the 1.3400 level. A bounce would reinforce bullish momentum towards 1.3470 and beyond, whereas a confirmed break below this level would signal further weakness and a possible trend shift in the near term.
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GBPUSD WEEKLY PLAN: BOS Breakout Targeting 1.39125The weekly outlook for GBPUSD highlights a clear Break of Structure (BOS) with price pushing above previous resistance. This suggests a bullish continuation scenario may be in play.
📌 Primary scenario:
A short-term pullback to the demand zone near 1.33000 (previous BOS area) is possible.
From there, price could rally toward the first target at 1.37151, and potentially extend toward 1.39125 if momentum remains strong.
⚠️ Watch for a healthy correction before the next leg up. Stay disciplined with your trade management and risk control.
#GBPUSD #IDEA#GBPUSD #IDEA today i found Buy set-Up on M15 on GU i will look on small TF looking for Entry like M3 or M5
Market next move Current Analysis Summary:
Bullish Outlook: The chart suggests a bullish trend after price moves above a marked support area.
Price Scenarios:
Red arrow: Pullback to support.
Blue arrow: Bounce back upward.
Yellow arrow: Continuation of the bullish trend.
---
Disruption of the Analysis:
1. False Breakout Risk:
The move above the support zone might be a false breakout. Volume does not appear significantly increased during the breakout, which is typically needed to confirm real breakout momentum.
2. Volume Confirmation Lacking:
Although some volume is present, the breakout does not show a clear volume spike to validate strong buying interest, which challenges the bullish bias.
3. Resistance Overhead Ignored:
No mention of overhead resistance. The price may face selling pressure near 1.35000, a likely psychological and technical resistance area.
4. Over-reliance on Simple Support Zone:
The support zone is too narrowly defined. If the price dips below it slightly, it could still be a healthy retest, not a reversal, which the red arrow path implies prematurely.
GU-Fri-23/05/25 TDA-Bullish closures, Breakout buy is on!Analysis done directly on the chart
Follow for more, possible live updates!
Plan, wait, execute.
It's easy to write, but difficult to do.
It requires surely experience, just put in
the work, track your progress and don't
give up.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBPThe resistance has been broken so I’m waiting for retest back to the origin that caused the break then I will long it
Bullish bounce off pullback support?The Cable (GBP/USD) has bounced off the pivot and could rise to the 1st resistance.
Pivot: 1.3395
1st Support: 1.3317
1st Resistance: 1.3565
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GBPUSD Trade Setup – Entry at 1.34708 with Target at 1.27735Entry Point: ~1.34708
Stop Loss Zone: ~1.35734 (roughly 100 pips above entry)
Target Points:
EA Target Point One: 1.31769
EA Final Target Point: 1.27735
---
Technical Observations:
1. Price Action:
The price is consolidating below the 1.34708 resistance level.
Multiple failed attempts to break above suggest selling pressure around this zone.
2. Moving Averages:
Two MAs (possibly 50 EMA and 200 EMA) show a recent crossover, potentially indicating a shift in momentum.
3. Bearish Bias:
Based on the annotated targets, the trader anticipates a reversal from the current level.
A drop to 1.27735 represents a 5.09% move from the entry point.
4. Risk-Reward Ratio:
Risk (Entry to Stop Loss): ~100 pips
Reward (Entry to Final TP): ~700+ pips
Risk-reward is highly favorable (~1:7)
Confluence & Support Zones:
1.31769: Previously tested support/resistance level – a logical intermediate target
1.27735: Historical support zone from early March – final bearish target.
Summary:
This setup is a swing short trade with an attractive risk-reward profile.
Confirmation via bearish reversal candlesticks near 1.34708 would strengthen the case.
Watch out for news catalysts or USD data that might impact volatility and invalidate the setup.
GBPUSD at Major Resistance: Will it Drop To 1.33350?FX:GBPUSD is approaching a key resistance level that previously acted as a strong barrier, triggering some significant bearish momentum. This area could be a potential point of interest for those looking for short-selling opportunities. Given its historical importance, how price reacts here could set the tone for the next move.
If bearish signals appear, such as rejection wicks, bearish candlestick patterns, or signs of weakening bullish pressure, I anticipate a move toward the 1.33350 level, which is a reasonable target in this setup. However, a clear breakout above this resistance could challenge the bearish outlook and suggest further upside. This is a key area where price action is likely to provide clearer clues about the next direction.
Just my perspective on support and resistance zones, not financial advice. Always confirm your setup and trade with proper risk management.
uptrendThe upward trend is expected to continue until the specified resistance levels. If the price breaks through the support area and the support trend line, the beginning of a downward trend is likely.
