GBP/USD – Retest Breakdown Trendline Before BoE Decision📊 Market Context
GBP/USD has rebounded above 1.3600 during the European session on Thursday, finding fresh demand as the USD softened following recent Fed positioning. Traders are now focused on the Bank of England’s (BoE) rate decision later today, with expectations for no change in interest rates—but the market remains sensitive to any shift in tone.
🔢 Technical Outlook (H1)
FOMC Bearish Candle Confirmation: Price broke the ascending channel and confirmed bearish momentum.
Retest Breakdown Trendline – SELL ZONE: Around 1.36660, a potential area to rejoin the downtrend if rejection occurs.
Targets:
🎯 Target 1: 1.35401
🎯 Target 2: 1.35020 – Major support and Fibonacci confluence zone.
A clean break below 1.3580 will strengthen the bearish view, while reclaiming 1.3666 could invalidate the short-term bearish setup.
⚠ Trading Notes
Watch for volatility around the BoE announcement—tight stops and smaller sizing are recommended.
Wait for candlestick confirmation at the SELL ZONE before entering positions.
Maintain flexibility—unexpected BoE guidance could flip sentiment rapidly.
💬 Discussion
📈 Will GBP/USD respect the retest zone and slide toward 1.35020, or will the BoE decision spark a bullish breakout? Share your outlook and charts below to compare strategies!
GBPUSD
Bank of England holds rates, British Pound slipsThe Bank of England stayed on the sidelines at today's meeting, maintaining interest rates at 4.0%. This followed a quarter-point cut in August. The decision was anticipated by the markets and the British pound is showing limited movement. The 7-2 vote saw two members vote for a quarter-point cut. Last month's decision to lower rates was decided by a 5-4 vote and took an unprecedented two rounds. The split votes reflect dissension within the BoE with regard to the Bank's future monetary policy.
The BoE has been trying to balance rising inflation, which supports holding rates, with the slowdown in the jobs market, which is putting pressure on the central bank to lower rates and ease economic conditions. The BoE cannot ignore inflation, which rose to 3.8% in August, close to double the BoE's target of 2%. Unless inflation slows markedly, the BoE may have to wait until 2026 to lower rates.
The Federal Reserve lowered rates by a quarter-point on Wednesday. The decision, which was widely expected, was the first rate cut since December 2024.
The rate statement cited the cooling labor market as the main reason behind the rate cut. In his press conference, Fed Chair Powell reiterated his concern about the deteriorating job market and said that the risk of higher and more persistent inflation has eased.
Perhaps the highlight of the meeting was the 'dot plot', which charts the expected rate path of members who participated at the meeting. The dot plot indicated that most members expect two more rate cuts before the end of the year, which means the Fed is in a very dovish mood.
GBPUSD | BUY 2 SELL SETUP with confirmation price has Tapped a daily Supply so we might see price falling
HTF setup breakdown coming
I have A BUY 2 SELL setup on GU
since price swept through yesterdays low and made a reversal CHoCH
i will buy and sell once price get to that area of interest
so make do of the information how ever you want
GBP/USD - Channel Breakout @ H1 (BoE Interest Rate Today)CMCMARKETS:GBPUSD GBP/USD - Channel Breakout with strong volume and today BoE Interest Rate, it gives high movement.
"The Fed is still signalling more rate cuts, but at the same time still sees okay growth, which is a positive combination for share markets"
The Fed reduced rates by a quarter point on Wednesday, as expected, and indicated it will steadily lower borrowing costs for the rest of this year, initially sending the dollar plunging.
Support by Likes and Comments.
Thank you.
GBP/USD Gave Fake Breakout , Short Setup Valid To Get 200 Pips !Here is my 2H Chart on GBP/USD , We Have A Fake Breakout and then the price Back below my old res and we have a very good bearish Price Action on 1 And 2 Hours T.F Also the price playing very good around my res and i`m waiting the price to retest the broken area and giving a good bearish price action on smaller time frames to can get a confirmation to enter , So i see it`s a good chance to sell this pair if it go up a little to retest the broken area and then we can sell it and targeting 100 to 150 pips . and if we have a daily closure again above my new res then this idea will not be valid anymore .
Reasons To Enter :
1- Perfect Breakout .
2- Clear Bearish Price Action .
3- Bigger T.F Giving Good Bearish P.A .
4 - Perfect 15 Mins Closure .
5- The Price Respect The Res Again .
GBPUSD: Watching for Long Setup After Sweep + BOSMarket Context
Price swept liquidity below previous lows and has shown a strong impulsive move back up, breaking short-term structure to the upside. This signals a possible shift in momentum back to bullish.
Key Technicals
Liquidity sweep below recent lows
Bullish BOS on the 1H timeframe
Price retracing back into a demand zone
Demand zone aligns with 38.2–50% Fibonacci retracement
Looking for price reaction inside this confluence area
Trade Plan
Wait for price to return into the 1H demand zone (green box)
Look for rejection/confirmation candle near the 50 EMA
Buy only if price stays above the EMA and confirms from the zone
Target: Liquidity above recent highs around 1.37260
Invalidation: Clean close below the sweep low
Psychology Note
Patience here is key. Don’t chase the market—let price come to your zone. A professional trader treats setups like a sniper: calm, focused, and waiting. Remember, no trade is better than a forced trade. The edge comes from discipline, not constant action.
GBPUSD resistance retest at 1.3675The 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.
GBPUSD Daily Forecast -Q3 | W38 | D18 | Y25|📅 Q3 | W38 | D18 | 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
GBPUSD H1 – Fibonacci Play: Ready for the Next Big Leg?GBPUSD is consolidating after its recent rally, and Fibonacci retracements highlight two critical buy zones for potential entries:
BUY ZONE 1: 1.36100 – SL 1.35600
SL: R/R - 1/2 - 1/3
BUY ZONE 2: 1.35500 – SL 1.35200
SL: R/R - 1/2 - 1/3
A potential dip into these zones could offer strong upside opportunities, with an extended Fibonacci reference pointing to 1.37200 as the next bullish target.
If price respects these supports, a rally toward 1.36699 → 1.37200 is on the table. A break below these zones, however, could delay the bullish scenario—so manage your risk carefully.
⚠ Key Levels to Watch
Immediate Resistance: 1.36699
Short-Term Supports: 1.36100 / 1.35500
Long-Term Target: 1.37200 (Extended Fibo)
💬 Your Turn
📈 Which Fibo zone are you watching for your entry—1.36100 or 1.35500? Share your view in the comments and let’s compare setups!
GBPUSD Daily Forecast -Q3 | W38 | D18 | Y25|📅 Q3 | W38 | D18 | 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
Bullish continuation setup?The Cable (GBP/USD) is falling towards the pivot which acts as a pullback support and oculd bounce to the 1st resistance.
Pivot: 1.3576
1st Support: 1.3514
1st Resistance: 1.3691
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Is the GBPUSD bullish?
Hi my dears
It seems that the currency pairs are strengthening against the dollar, which means that the dollar is still bearish.
According to the technical chart, I must tell you that higher targets should be considered for the pound.
What do you think, friend?
Do you agree with me?
GBP/USD – Detailed Trading Plan: Entry and Exit Levels💷📈 GBP/USD "THE CABLE" – Forex Market Making Plan (Swing/Day Trade) 🚀
📊 Plan
🔹 Current scenario: Bullish trend confirmed – Heikin Ashi bullish reversal candle + pullback to LSMA + re-accumulation.
🔹 Entry strategy: "layers" method 🪜 (multiple limit orders).
Buy Limit 1️⃣ @ 1.34500
Buy Limit 2️⃣ @ 1.35000
Buy Limit 3️⃣ @ 1.35500
Buy Limit 4️⃣ @ 1.36000
(You can add more levels depending on your strategy).
🛑 Stop-loss
My protective level: @1.33700 📉
👉 After the breakout of the specified zone, the stop is fixed.
⚠️ Dear traders, adjust SL yourself depending on your system and risk.
🎯 Profit targets
Primary Target: 1.37500
Secondary Target: 1.39000
💡 A resistance zone is formed at these levels + the market may become overbought, so take profits in time!
🔑 Key points
✅ Confirmed bullish Heikin Ashi signal.
✅ LSMA shows re-accumulation.
✅ Layering strategy provides flexibility in risk management.
🌍 Correlations and related pairs to observe
FX:EURUSD – often moves in sync with GBP/USD.
TVC:DXY (Dollar Index) – inverse correlation, dollar weakens → GBP/USD grows.
OANDA:GBPJPY – “bullish cross” confirms the strength of the pound.
OANDA:EURGBP – an additional indicator of the balance of the pound and the euro.
✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated - it helps me share more setups with the community!”
#GBPUSD #Forex #SwingTrade #DayTrade #HeikinAshi #Cable #TradingPlan #PriceAction #ForexAnalysis #FX
GBP/USD: The Bullish Trend Remains IntactHello everyone,
Since the beginning of September, this currency pair has steadily risen from around 1.3450 to the current level of 1.3643. Notably, there are still several liquidity gaps (FVGs) below the price, such as around 1.3600, 1.3550, and 1.3500, which could serve as important support zones if the market experiences a correction. When combined with the Ichimoku cloud, the bullish trend remains dominant as the price is above the cloud, indicating that the buyers are still in control. No clear reversal signals are present, so the primary trend remains upward.
On the fundamental side, GBP is also supported by strong domestic economic factors. If UK inflation or retail sales data continues to come in positive, along with a hawkish stance from the Bank of England, the bullish trend will gain more momentum. On the other hand, weaker-than-expected signals or dovish comments could put downward pressure on GBP. Across the Atlantic, the USD is awaiting the upcoming FOMC meeting. If the Fed holds rates steady or cuts them, this would be negative for the USD and beneficial for GBP. Conversely, strong US data will cause the USD to rally, potentially hindering GBP/USD’s bullish movement. Currently, the 1.3600–1.3550 range could be a potential support zone, while the 1.3700 mark will be a major challenge if the price continues to rise.
What are your thoughts on the GBP/USD trend? Do you think the price can break through 1.3700, or will it face strong resistance there? Feel free to share your opinions in the comments!
XAU/USD | Gold Prints New ATH at $3,685 – Rate Cut Rally Ahead?By analyzing the gold chart on the 1-hour timeframe, we can see that the price broke the key $3,657 level, just as expected, and today it even printed a new ATH at an impressive $3,685! As you know, this week is the interest rate decision week, and markets are preparing for a rate cut — either 0.25% or 0.5%. Each scenario can have a different level of impact: a 0.5% cut could easily push gold above $3,700–$3,740.
Right now, gold is trading around $3,679. As long as it does not break and close below $3,674, we can expect some sideways movement followed by more upside, with the first target at $3,700. However, there’s also an important FVG (Fair Value Gap) between $3,664 and $3,674. If the first scenario fails, gold could sharply drop to fill this gap.
I hope this analysis was helpful for you — stay tuned for more setups based on this outlook!
GBPUSD LONGPrice has continued to push upward as anticipated in yesterday’s analysis. A short-term pullback may be on the horizon possibly this week or next but we don’t have confirmation yet.
For today’s trade, we stayed aligned with the current bullish momentum:4H demand remains in control, supported by 5M structure. Entry was taken on the 15s chart as usual. Exited clean at 3RR.
Same system. Same rules. Just executing it everyday
MT5& Chart entry in the comments
GBPUSD at make or break level ahead of a split BOEThe BOE faces a pivotal moment as it prepares to announce its latest interest rate decision.
With MPC members split between hawkish concerns about stubborn inflation and dovish worries over a weakening job market, expectations are swirling about the path forward.
Will the BOE signal a pause after this cut, or will inflation surprises force a more cautious, hawkish stance going into the end of the year?
Traders are watching for clues in the updated forecasts, as even a minor shift could spark major volatility in GBP/USD.
If the BOE sounds hawkish—maybe they raise their inflation forecasts, or the vote split shows strong resistance to further cuts, or they signal a pause in easing—then GBPUSD might have found a bottom for now.
On the flip side, if the BOE puts more emphasis on economic risks, reduces its GDP outlook, or if the vote split shows a strong push for even bigger cuts, then the pound could come under pressure.
On the charts, Cable is clinging to 1.3375, with a potential developing head and shoulders pattern threatening a deeper move lower if the neckline breaks.
Will the upcoming BOE decision be the make-or-break catalyst for the pound?
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.
GBPUSD Daily Forecast -Q3 | W38 | D17 | Y25|📅 Q3 | W38 | D17 | 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
GBPUSD Daily Forecast - Video Breakdown -Q3 | W38 | D17 | Y25|📅 Q3 | W38 | D17 | Y25|
📊 GBPUSD Daily Forecast - Video Breakdown
🔍 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 🚀