GBPUSD: Bearish! Look For Sell Setups!Bearish over the last two weeks. Expecting more of the same this week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
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.
Cable
GBPUSD: Cable slides under 1.35 handle after triple blow!Cable faces a crucial test at 1.3500 following yesterday's triple blow from disappointing UK PMI data, hawkish comments from Powell, and concerning UK public sector borrowing figures ahead of November's Budget.
In this ThinkMarkets analysis, we break down the key technical levels as GBPUSD loses the round 1.3500 support but remains within its upward channel.
Key focus areas :
Immediate Risk : Break below channel support targeting 1.3372 double bottom
Critical Level : 1.3335 - invalidation of inverse head & shoulders pattern
Fibonacci Support : 61.8% retracement cluster around 1.3340
Trading Strategies : Three approaches for the potential breakdown
Key Levels to Watch :
Support : 1.3500 (breaking), 1.3450, 1.3372, 1.3340
Resistance : 1.3550 bounce target
Bias : Cautiously bearish while below channel support
The pound continues to face domestic headwinds with stalling economic data and fiscal concerns, making any recovery challenging despite potential Fed dovishness.
Cable traders, watch this critical technical juncture closely.
Trade responsibly with ThinkMarkets - your trusted forex partner.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Pound plummets below 1.34 amid UK gilt turmoil! What's next?The Pound is under heavy pressure, trading around 1.3382 after falling below the critical 1.3400 mark. The trend is bearish, with price action contained in a downward channel and repeated failures to break key resistance levels.
Fundamental Drivers
UK Gilt Yields : 30-year yields have surged to their highest since 1998, raising concerns about the sustainability of UK public finances.
Political Uncertainty : A recent cabinet reshuffle by the Prime Minister has heightened fiscal fears, with risks of tax hikes or spending cuts.
Inflation & BoE Policy : Persistent inflation and the Bank of England’s reluctance to cut rates undermine confidence in the Pound.
US Dollar Strength : The Dollar is strong, especially ahead of the US Nonfarm Payroll (NFP) report, adding further pressure on GBP.
Bearish Scenario (Primary Outlook)
Outlook : Continuation of the downtrend within the downward channel.
Entry Conditions :
Rejection at 1.3390–1.3400 resistance zone
Risk Management : Move stop to breakeven after Target 1
Bullish Scenario (Counter-Trend Opportunity)
Outlook : Short-term corrective bounce possible if key resistance is broken.
Entry Conditions:
Strong break above 1.3400 with volume
Retest of 1.3390 as support
RSI shows bullish divergence or breaks above 50
Risk Management : Take partial profits at each target, trail stops higher
Important Notes
Expect volatility around the NFP release and from ongoing UK political developments.
Fibonacci levels around 1.3330–1.3300 provide strong support confluence.
The failed inverse head & shoulders pattern favours the bearish case.
The 1.3389–1.3390 zone is critical for both bullish and bearish setups.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
'Meet-Cute' Tokyo High for Supply4th Short Fired -2R for the day at time of print. Aiming for +2R before logging off for the day.
Remaining underwhelmed by price action, trapping, following this mornings data print. Anticipating a liquidity grab, lower, pushed by US Retail Data.
Recap on the Employment Data, buried in the report:
1) This marks the 38th consecutive period where vacancy numbers have dropped compared with the previous three months, with vacancies decreasing in 9 of the 18 industry sectors.
2) The number of payrolled employees continues to fall
3) Employment rate (all aged 16 to 64)
Quarterly change: ▲0.1pps
Since Dec-Feb 2020: ▼-1.3pps
The employment rate is up on the quarter and the year, but is still below pre-coronavirus pandemic rates.
4) The unemployment rate is up on the quarter and the year, and is above pre-pandemic rates.
5) Economic inactivity rate (all aged 16 to 64)
Quarterly change: ▼-0.2pps
Since Dec-Feb 2020: ▲0.8pps
The economic inactivity rate is down on the quarter and the year, but is still above pre-coronavirus pandemic rates.
Cable Short (GBP/USD) Poor Employment and Payroll DataRemaining underwhelmed by price action, trapping, following this mornings data print. Anticipating a liquidity grab, lower, pushed by US Retail Data.
Recap on the Employment Data, buried in the report:
1) This marks the 38th consecutive period where vacancy numbers have dropped compared with the previous three months, with vacancies decreasing in 9 of the 18 industry sectors.
2) The number of payrolled employees continues to fall
3) Employment rate (all aged 16 to 64)
Quarterly change: ▲0.1pps
Since Dec-Feb 2020: ▼-1.3pps
The employment rate is up on the quarter and the year, but is still below pre-coronavirus pandemic rates.
4) The unemployment rate is up on the quarter and the year, and is above pre-pandemic rates.
5) Economic inactivity rate (all aged 16 to 64)
Quarterly change: ▼-0.2pps
Since Dec-Feb 2020: ▲0.8pps
The economic inactivity rate is down on the quarter and the year, but is still above pre-coronavirus pandemic rates.
Short Weak Employment and Payroll Numbers Cable (GBP/USD)Data buried in the report:
1) This marks the 38th consecutive period where vacancy numbers have dropped compared with the previous three months, with vacancies decreasing in 9 of the 18 industry sectors.
2) The number of payrolled employees continues to fall
3) Employment rate (all aged 16 to 64)
Quarterly change: ▲0.1pps
Since Dec-Feb 2020: ▼-1.3pps
The employment rate is up on the quarter and the year, but is still below pre-coronavirus pandemic rates.
4) The unemployment rate is up on the quarter and the year, and is above pre-pandemic rates.
5) Economic inactivity rate (all aged 16 to 64)
Quarterly change: ▼-0.2pps
Since Dec-Feb 2020: ▲0.8pps
The economic inactivity rate is down on the quarter and the year, but is still above pre-coronavirus pandemic rates.
Will BoE's Plan to Rundown QT Impact Cable (GBP/USD)Direct Impact: The QT slowdown itself is a small, modestly GBP-positive factor. It may provide a slight underpinning of support.
If the BoE delivers the QT slowdown as expected and it's framed as a technical move, its impact will likely be overshadowed by the simultaneous interest rate decisions and guidance from both the BoE and the Fed.
If you are looking to trade this, don't trade the QT headline in isolation. Trade the broader package of BoE communication and the Fed's decision. A "hawkish hold" from the BoE (holding rates but signaling they stay high for longer) combined with a "dovish" Fed could send GBP/USD meaningfully higher. The QT slowdown would be a minor supporting actor in that drama. (Unless of course the FED holds rates)
In short: Expect a potential small, brief pop for GBP on the QT news, but the real moves will be dictated by the interest rate decisions and forward guidance from both sides of the Atlantic.
If BoE and FED hold, it could be a great asymmetric short end to the week!
Cable Trade Plan 15-19 Sep, 2025Base Case (60%): Range-Bound with a Dixie Tilt
Narrative: The US data/Trump expectations continue to weigh on the dollar more than the UK data weighs on the pound. The carry trade remains in vogue.
Price Action: Cable grinds higher or just chops within its recent range (1.500 - 1.600). It's a "best of a bad bunch" story.
Trading: Wait for pullbacks toward supply, for longs; targeting the top of the range. (Trading the range, not the doom-and-gloom fundamental view.)
Bear Case (30%): UK Data Starts the Unwind
Narrative: A key UK data points (jobs report shows unemployment spiking, or CPI comes in softer than expected) is a canary in the coal mine. It would signal the economy is breaking so fast that the BoE will be forced to cut rates soon, regardless of inflation. This breaks the strong leg (carry trade).
Price Action: A sharp, impulsive drop below key demand levels (1.400 1.450). This would be the first sign of the fundamental story taking over.
Trading: A break and close below this key demand of 1.450 could be a signal to short, targeting a move to the next major area of demand 1.400.
Wild Card (10%): UK Inflation Shock
Narrative: UK CPI comes in hotter than expected (e.g., headline ticks up toward 4%).
Price Action: Cable spikes higher. This would force a massive unwind of BoE rate cut bets. Traders would be forced to buy Sterling, pushing Cable through 1.600 to potential 1.725
Trading: This would be a fadeable rally. Using the strength as an entry at more over-brought levels, initiating or adding to longer-term strategic shorts, as it only deepens the BoE's trap and worsens the eventual economic pain.
GBP/USD Base Case for the Week Ahead (Structural View)The path of least resistance is eventually lower for Cable. Using short-term strength (e.g., from hot UK data or a weak Dollar) as opportunities to establish or add to strategic short positions for a major move lower.
For This Week: Be agile. Recognise that price action will be a battle between:
Short-Term Sterling Longs: Betting on the carry trade and a weak dollar.
Long-Term Sterling Shorts: Betting on the UK's fundamental decay..
Key Levels remain: 1.400 demand and 1.500 to 1.600 for supply. With 1.3725 and above for strategic shorts. A break below 1.400 would signal the institutional shorts have already built their book. Base case is more distribution above 1.500 and bounce from 1.400 suggests the carry trade is still in play for a little while longer.
GBPUSD: Bearish-Neutral, But Showing Signs Of WeaknessWelcome back to the Weekly Forex Forecast for the week of Sept 8 - 12.
In this video, we will analyze the following FX market: GBPUSD
The GBPUSD has been a little more bearish than EURUSD. This is still the case. Bearish and moving sideways. There was a sweep of buy side liquidity Friday, but a late retreat back into the range of last weeks range. This may indicate weakness going into this week, and I am looking for price to turn over, as it is still inside correction territory.
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.
Cable: Texbtook Elliott Wave pattern is pointing higherCable stabilized at the 1.3350 area as expected, from where we’ve seen a nice intraday rebound that could even be a small impulse, signaling continuation within the uptrend. This fits the textbook Elliott Wave 8-wave pattern, with five waves up from the August lows followed by an A-B-C, 3-leg setback. Such a structure suggests bulls are yet to lift the price toward and beyond the 1.36 area, though we may have to wait for tomorrow’s NFP release, which could be the key catalyst for markets this week.
GH
GBPUSD: IF This... Then That! Happy September!Welcome back to the Weekly Forex Forecast for the week of Sept 1 - 5th.
In this video, we will analyze the following FX market: GBPUSD
The GBPUSD has been a little more bearish than EURUSD. There was a clear -BOS at the end of July, followed by 2 weekly bullish closes in August. The last two weeks have been ranging, but still in the corrective territory. Price has retraced into Supply, and could potentially drop from these current price levels.
If price continues move higher, closing above the ranging consolidation, then buys are warranted. A Daily bearish BOS will be the key price action I need to see to look for shorts to the relative equal lows.
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.
Short on GBPJPY - Signals for U-turnLong-term target based on the latest BoJ interest rate hike and signs of a positive outlook for Japan's economy. Technically the pair is scraping around .618 FIBO level which is 195ish - there's still some room to hit the level.
1st target = 170 (0.382 FIB)
2nd target = 160 (156-157 - resistance/support of the past price action).
GBPUSD: A Cautious Bullish Bias. Monday Will Give ClarityWelcome back to the Weekly Forex Forecast for the week of Aug 25 - 29th.
In this video, we will analyze the following FX market: GBPUSD
The GBPUSD has shown resiliency and strength over the last several days. It was helped las Friday by the Fed Chair Powell hinting towards a rate cut.
Buys seem to be the best way forward, based on the momentum from last week.
However, the structure is still in correction territory, and there is a chance the market may start to turn over. Low probability sells, but they are there.
Let the market tip its hand on Monday. Look for the +FVG to form on the Daily chart, and plan to take buys from it if it forms.
No selling until there is a definitive bearish BOS from current levels.
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.
GBPUSD: Is The Market Shifting Bearish Next Week?Welcome back to the Weekly Forex Forecast for the week of Aug 11 - 15th.
In this video, we will analyze the following FX market:
GBPUSD
The Monthly TF chart shows a very bearish engulfment of the June candle by July's candle. August has retraced 50% of that Friday. Prices are now in premium of the range.
- Pound holds gains as markets price out September BoE easing
- US Fed leadership speculation and mixed central bank signals dominate sentiment
Price has stalled with Friday's retracement higher. It's likely to range until Tuesday's CPI Data.
Wait for valid sell setups, as there was a shift in the market from bullish to bearish.
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.
GBPUSD: The Bears Have it! Sell it!Welcome back to the Weekly Forex Forecast for the week of Aug 4 - 8th.
In this video, we will analyze the following FX market:
GBPUSD
Even against a weakened USD, the GBP is weaker.
July ended with an aggressive bearish candle. August may see more of the same.
Then there is talk of interest rate cuts coming.....
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.
GBP/USD: Following the Bearish Trend to a Key LevelSharing my perspective on a potential short setup in GBP/USD.
This view is based on a combination of weakening UK fundamentals and a clear bearish technical structure.
📰 The Fundamental View
The main driver here is the growing difference in monetary policy. The Bank of England is signaling a more dovish stance due to recent soft economic data out of the UK. In contrast, the US economy is showing more resilience, which may keep the Federal Reserve on a less aggressive easing path. This fundamental divergence puts downward pressure on the Pound versus the Dollar.
📊 The Technical Picture
The chart supports this bearish bias. We can see a clear downtrend in place, defined by a series of lower highs and lower lows. Price is currently trading below its key moving averages, which often act as dynamic resistance. The critical level to watch is the 1.34377 price zone, which was a previous area of support and could now be tested as resistance.
🎯 The Strategy
The plan is to watch for bearish price action as we approach the 1.34377 key level. A rejection from this zone would provide a good opportunity to enter a short position, aiming to ride the next leg of the established downtrend.
As always, this is my own perspective. Manage your risk carefully and trade safe.
GBPUSD: Sellers Are Taking ControlWelcome back to the Weekly Forex Forecast for the week of July 28 - Aug 1st
In this video, we will analyze the following FX market:
GBPUSD
GBP is weak vs USD. GU is heading lower with a bit of steam.
The Monthly and the Weekly are still bullish, but the Daily and 4H indicate weakness. I would not entertain longs until I see a bullish BOS.
Look for the CISD on the 4H in the beginning of the week, confirming sells are the way to go.
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.
GBPUSD Q3 | D24 | W30 | Y25📊GBPUSD Q3 | D24 | W30 | 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.
FRGNT
GBPUSD Q3 | D23 | W30 | Y25📊GBPUSD Q3 | D23 | W30 | 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.
FRGNT
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.