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GBPUSD

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
Long
by ew-forecast
1
UK retail sales beat estimate, US nonfarm payrolls sink, pound jThe British pound has pushed higher on Friday. In the North American session, GBP/USD is trading at 1.3519, up 0.66% on the day. About half the pound's gains have come following today's weak US nonfarm payrolls report. It was a good-news-bad news retail sales report out of the UK today. July retail sales rose a respectable 0.6% m/m, up from a downwardly revised 0.3% in June and higher than the market estimate of 0.2%. The improvement was driven by warm weather and the women's European soccer championship. The bad news was the sharp downward corrections to the the previous months' data. Retail sales for June was revised lower to 0.3% from 0.9%. Annualized retail sales posted a with a gain of 1.1%, missing the market estimate of 1.3%. This was above the June reading of 0.9%, which was revised from 1.7%. All eyes were on today's US nonfarm payrolls, which disappointed with a marginal gain of 22 thousand, well below the upwardly revised gain of 79 thousand in July and the market estimate of 75 thousand. The unemployment rate edged up to 4.3% from 4.2%, the highest level since December 2021. Employers remain cautious about hiring in an uncertain economic environment and the Trump tariffs aren't helping to restore confidence. This key employment release has taken on double significance, coming shortly before the next Federal Reserve meeting on September 17. There could be calls for the Fed to consider a jumbo half-point cut as the labor market is cooling quickly, although the most likely scenario is a modest quarter-point cut. GBP/USD has pushed above several resistance lines and is testing 1.3499. Next, there is resistance at 1.3552 1.3415 and 1.3395 are providing support
by OANDA
GBPUSDHello Traders! 👋 What are your thoughts on GBPUSD? After rejecting a  resistance area, GBP/USD has entered a corrective phase and is now approaching a high-confluence support zone, where multiple technical elements align Price is expected to show bullish reaction within the support zone after some short-term consolidation. Holding above this area could trigger a new impulsive wave toward previous resistance levels As long as price stays above the support, the bullish bias remains valid. A break and close below 1.31300 would invalidate the bullish setup, potentially opening the door for a deeper correction. Don’t forget to like and share your thoughts in the comments! ❤️
Long
by HAMED_AZ
22
EUR/USD | 1H Outlook – Supply & Demand📊 Current Price Action Price reacting from Seller’s Zone (1.1700 region). 🔻 Short-Term Expectation Retracement likely towards Buyer’s Zones at 1.1670 – 1.1640. 🔺 Bullish Scenario If buyers defend demand, price may push back into 1.1700 supply. ⚡ Market Structure BOS → CHoCH → Possible continuation lower unless demand holds. ✅ Trading Plan Watch for reactions at marked zones. Scalping and swing opportunities available. ⚠️ Reminder Trade what you see, not what you expect. Always manage risk.
Short
by greenfire_fx
EURGBP → The battle for zone 0.867. What are the prospects?FX:EURGBP is attempting to remain above 1/2 of the key trading range as part of a retest after breaking through strong resistance. The local trend is bullish, and the price has a chance to reach 0.8743. EUR is consolidating in a wedge pattern, with the price moving away from support and attacking resistance. Against the backdrop of the expected Fed rate cut, EUR may break through the line and begin an active phase of growth, which will support EURGBP. The currency pair's price has moved beyond the lower half of the trading range and is attempting to consolidate above the bullish interest zone. If the bulls hold their defense above 0.866-0.867, the price will have a chance to test the poi Support levels: 0.867, 0.865, 0.8635 Resistance levels: 0.871, 0.874 Against the backdrop of the news, the price may test the order block in the 0.865 zone. A false breakdown and consolidation of the price above 0.867 will confirm the bulls' intentions, allowing the price to move towards the specified target. Best regards, R. Linda!
Long
by RLinda
7
GBPUSD Is Going Up! Buy! Here is our detailed technical review for GBPUSD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.346. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.353 level soon. 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. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPUSD H4 | bearish reversalGBP/USD is reacting off the sell entry which is a pullback resistance that lines up with the 61.8% FIbonacci retracement and could reverse from this level to our take profit. Sell entry is at 1.3457, which is a pullback resistance. Stop loss is at 1.3544, which is a multi swing high resistance. Take profit is at 1.3352, which is a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by Tradu
GBPUSD Daily Forecast -Q3 | W36 | D5 | Y25📅 Q3 | W36 | D5 | Y25 📊 GBPUSD Daily Forecast 🔍 Analysis Approach: I’m applying Smart Money Concepts, focusing on: Identifying Points of Interest on the Higher Time Frames (HTFs) 🕰️ Using those POIs to define a clear trading range 📐 Refining those zones on Lower Time Frames (LTFs) 🔎 Waiting for a Break of Structure (BoS) for confirmation ✅ This method allows me to stay precise, disciplined, and aligned with the market narrative, rather than chasing price. 💡 My Motto: "Capital management, discipline, and consistency in your trading edge." A positive risk-to-reward ratio, paired with a high win rate, is the backbone of any solid trading plan 📈🔐 ⚠️ Losses? They’re part of the mathematical game of trading 🎲 They don’t define you — they’re necessary, they happen, and we move forward 📊➡️ 🙏 I appreciate you taking the time to review my Daily Forecast. Stay sharp, stay consistent, and protect your capital — FRNGT 🚀 FX:GBPUSD
Long
by JCFRGNT
GBPUSD H1 | Potential bullish riseGBP/USD is reacting off the buy entry, which is an overlap support and could rise from this level to the upside. Buy entry is at 1.3452, which is an overlap support. Stop loss is at 1.3398, which is a pullback support. Take profit is at 1.3536, which is a multi swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
GBPUSD uptrend continuation The GBPUSD remains in a bullish trend, with recent price action showing signs of a consolidation breakout rally within the broader uptrend. Support Zone: 1.3466 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 1.3466 would confirm ongoing upside momentum, with potential targets at: 1.3675 – initial resistance 1.3730 – psychological and structural level 1.3790 – extended resistance on the longer-term chart Bearish Scenario: A confirmed break and daily close below 1.3466 would weaken the bullish outlook and suggest deeper downside risk toward: 1.3414 – minor support 1.3390 – stronger support and potential demand zone Outlook: Bullish bias remains intact while the GBPUSD holds above 1.3466. A sustained break below this level could shift momentum to the downside in the short term. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
Bullish bounce off?GBP/USD is falling towards the support level, which is a pullback support that aligns with the 50% Fibonacci retracement and could rise from this level to our take profit. Entry: 1.3441 Why we like it: There is a pullback support that aligns with the 50% Fibonacci retracement. Stop loss: 1.3428 Why we like it: There is an overlap support level. Take profit: 1.3487 Why we like it: There is a pullback resistance that aligns with the 161.8% Fibonacci extension. 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.
Long
by VantageMarkets
GBP/USD: Why 1.35 Doesn’t Qualify as a Breakout (Yet)After the early-week drop, GBP/USD has rebounded to the 1.35 handle, but structurally this move lacks the conviction of a genuine breakout. On the H4 chart, price remains within or brushing against the Ichimoku cloud, with lower highs and a mildly downward-sloping cloud. Supply FVGs cluster tightly at 1.350–1.352 (recent high + cloud edge), confirming this as a critical barrier. Key support rests at 1.342–1.340, followed by 1.337–1.335. The spotlight now is on US labour data (NFP, unemployment, wages). Strong prints usually boost USD yields, keeping GBP capped beneath 1.35. Only softer US numbers would unlock a proper challenge of 1.352. From the UK side, sluggish growth and fading BoE hawkishness weigh on sterling unless domestic data surprises positively. In short, 1.35 looks more like resistance being retested than a fresh breakout. A decisive H4 close above 1.352 could open 1.356–1.360, while losing 1.340 risks a slide toward 1.337–1.335. For now, patience and observation at 1.350–1.352 seem wiser than chasing a false break.
Short
by EmmaChartist
1
GBPUSD – Which Way Next?Hello everyone, what do you think about FX:GBPUSD ? The pair is currently trading around 1.3450, after rebounding from a short-term support zone. Earlier, a sharp drop pushed GBPUSD lower, but buyers quickly stepped in. If buying pressure is strong enough, the pair could retest the 1.3500 – 1.3520 area. On the other hand, the Support Zone remains a target for sellers. This is a crucial short-term phase: Buy if price holds support – Sell if it fails at resistance. Which direction do you think GBPUSD will take? 📉📈
by Kevinn_Nguyen
12
GBPUSD MARKET KEY RESISTANCE READ CAPTIONhi trader's GBPUSD Price is currently trading between the resistance zones (1.34473 – 1.35522) and the demand zone (1.32676). If price fails to break resistance, it may retrace back toward the demand zone. A breakout above resistance could open the way for bullish continuation. This shows the market is in a range-bound structure, where both buyers and sellers are active For more live forex setups and daily chart analysis, follow my profile to stay updated
Short
by haleh120
Swiss CPI declines, will SNB revert to negative rates?The Swiss franc has edged lower on Thursday. In the North American session, USD/CHF is trading at 0.8052, down 0.13% on the day. Swiss inflation declined in August for the first time since January. CPI slipped 0.1%, following the July reading of zero and the market estimate of zero. Yearly, CPI rose 0.2%, unchanged from July and in line with the market estimate. The soft inflation report could support the case for the Swiss National Bank to return to negative interest rates. The SNB had a negative rate policy in effect for eight consecutive years until 2022, when high inflation forced the bank to sharply tighten policy. The markets widely expect the SNB to hold rates at this month's meeting, but if inflation continues to sag, there will be pressure on the central bank to lower rates. SNB President Martin Schlegel has stressed in the past that the central bank could revert back to negative rates if necessary but would try to avoid doing so since it causes difficulties for businesses and consumers. The SNB is also keeping a close eye on the value of the Swiss franc. The Swiss currency has soared against the US dollar, gaining 11.3% since the start of the year. In June, USD/CHF fell below the psychologically significant 0.80 level for the first time 2011. The central bank does not want the franc to continue appreciating, since it means that Swiss exports are more expensive and thus less competitive. US tariffs have dealt a blow to the export-reliant Swiss economy. Switzerland has had to absorb US tariffs of 39% on most goods, which has put the country at a serious disadvantage against the neighboring European Union, which faces tariffs of only 15% on most goods. The USUSD/CHF is testing resistance at 0.8045. Next, there is resistance at 0.8054 and 0.8064. 0.8035 and 0.8026 are providing support
by OANDA
“EUR/USD 15m Outlook | Bullish Bias from Demand ZonePrice is currently balancing between the demand zone (buyers at 1.1607 – 1.1635) and the supply zone (1.1680 – 1.1720). 📌 If demand holds → Expect liquidity grab → retest → bullish continuation into supply. 📌 If supply reacts → Watch for rejection → intraday shorts possible before next rally. This setup is not about guessing direction — it’s about hacking the structure: let price tell the story, then follow the flow.
Long
by greenfire_fx
1
Fundamental Market Analysis for September 04, 2025 GBPUSDOn Thursday, during the Asian trading session, the GBP/USD pair fell to around 1.3430. The pound sterling (GBP) is weakening against the US dollar (USD) amid concerns about the UK's financial situation. UK Finance Minister Rachel Reeves said on Wednesday that she would present the annual budget on November 26, insisting that the economy is not “broken” and that she would control spending to help reduce inflation and borrowing costs. However, concerns about the UK's ability to control its finances are weighing on sentiment and dragging the pound down against the US dollar. According to the US Bureau of Labor Statistics (BLS), the number of job openings on the last working day of July was 7.181 million. This figure followed 7.357 million (revised from 7.437 million) job openings recorded in June and was below the market consensus of 7.4 million. The weakening of the UK labor market, announced on Wednesday, reinforced expectations that the Federal Reserve (Fed) will cut rates this month. This, in turn, could undermine the dollar and help limit losses for the major currency pair. Trading recommendation: SELL 1.3400, SL 1.3450, TP 1.3300
Short
by Fresh-Forexcast2004
GBPUSD – Short-Term Downside Pressure ReturnsOn the 1H chart, GBPUSD failed to break above the 1.3460 resistance and quickly reversed lower. The EMA 34 & 89 are positioned just above price, acting as additional barriers reinforcing the bearish bias. The nearest support sits at 1.3390 – if broken, the market could extend its decline toward lower ranges. Recent news: The British pound remains under pressure as UK economic data continues to disappoint, while the US dollar gains strength on the back of a stronger-than-expected ISM Services PMI report. This combination makes it difficult for GBPUSD to sustain any rebound. Trading idea: Favor shorts below 1.3460 Short-term target: 1.3390 A decisive break below 1.3390 could open the door for deeper downside moves. Bottom line: GBPUSD is leaning toward a bearish scenario, with both technicals and fundamentals currently favoring the US dollar.
Short
by Rocky_trade_
5
GBPUSD Daily Forecast -Q3 | W36 | D4 | Y25📅 Q3 | W36 | D4 | Y25 📊 GBPUSD Daily Forecast 🔍 Analysis Approach: I’m applying Smart Money Concepts, focusing on: Identifying Points of Interest on the Higher Time Frames (HTFs) 🕰️ Using those POIs to define a clear trading range 📐 Refining those zones on Lower Time Frames (LTFs) 🔎 Waiting for a Break of Structure (BoS) for confirmation ✅ This method allows me to stay precise, disciplined, and aligned with the market narrative, rather than chasing price. 💡 My Motto: "Capital management, discipline, and consistency in your trading edge." A positive risk-to-reward ratio, paired with a high win rate, is the backbone of any solid trading plan 📈🔐 ⚠️ Losses? They’re part of the mathematical game of trading 🎲 They don’t define you — they’re necessary, they happen, and we move forward 📊➡️ 🙏 I appreciate you taking the time to review my Daily Forecast. Stay sharp, stay consistent, and protect your capital — FRNGT 🚀 FX:GBPUSD
Long
by JCFRGNT
GBP/USD Set to Drop to 1.03600SPREADEX:GBP / AMEX:USD (3W) The British Pound (GBP) is under siege, and the setup for GBP/USD screams downside. We're seeing a confluence of weak UK fundamentals, divergent monetary policies, and speculative positioning that's stacking up against Sterling. Elliott Wave analysis aligns perfectly with this—labeling an irregular expanded flat correction in a broader downtrend, targeting new lows below 1.03600 from the current 1.34310 spot. Weekly COT Report Highlights: • US Dollar (USD): Traders were net-short the US dollar by -6.1 billion (-0.5b w/w) • European dollar (EUR): Asset managers increased net-long exposure to a 19-month high • British pound (GBP): Large speculators increased net-short exposure by 6.2k contracts • Japanese yen (JPY): Net-long exposure rose 12.5k contracts combined across large specs and asset managers • Australian dollar (AUD): Traders most bearish in 16 months • Canadian dollar (CAD): Net-short exposure increased by 12k contracts • Crude Oil (WTI): Managed funds cut net-long exposure by -10.7k contracts, a 15-year low Hedge funds are aggressively shorting GBP/USD: ➖ Macro funds like Bridgewater are likely involved, with IG reporting a 150% surge in short positions amid UK fiscal risks (30-year gilt yields at 5.75%). ➖ Recent news (June-August 2025) highlights UK fiscal turmoil (record £14B bond sale), stagflation risks (inflation projected at 3.6%, growth at 1.0-1.3%), and trade headwinds from US tariffs. ➖ Economic data: UK GDP +0.3% QoQ vs. US +0.8%, unemployment rising, and PMI below average. Debt-to-GDP at 96%. ➖ Rates: BoE cut to 4% (3 more cuts by 2026), Fed at 4.25-4.5% (2 cuts in 2025), widening the differential. DXY forecast: Rebound to 98-100 by Q4, potentially hitting 100+, amplifying GBP/USD downside. Conclusion: GBP/USD likely to fall from 1.34310 to 1.03600, targeting 1.20-1.15 short-term. #GBP #GBPUSD #Trading
Short
by SergioRichi