GBP.USD Breakdown for the 2nd week of NovGU Weekly Outlook
My analysis this week for GU is focused on where this current bullish move could take us next.
- Scenario (A):
If price retraces back to the 12hr demand zone, I’ll be looking for potential bullish reactions from that POI — ideally waiting for a Wyckoff accumulation to form before taking any buys.
- Scenario (B):
If price continues pushing higher, I’ll watch how it reacts at the nearby supply zone. A rejection there could trigger a short-term pullback back towards demand, giving us another chance to buy from a better position.
Either way, we’ll see which POI gets tapped first and adapt from there. Let’s have a great trading week and catch those pips! 💪📈
Gbpusdforecast
GBPUSD melting for possible rate cut?Goldman Sachs to revise its forecast and project a likely 25bp cut now is more high probable? as previous decision due to hold the rate due to 2 weeks earlier inflation data has, increased in probablity to cut despite inflation.
Techincal chart with GBPUSD is relecting the possible move in 24 hours few high impact news based on BOE.
As the market is in stong downtrend, price potentially contine to drop to long term support level and sell entry upon price action confrimation is high probable.
EURUSD and GBPUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/USD Long from current price.GU Weekly Outlook
After a steady bearish run last week, GU has now entered a strong discounted demand zone that previously caused a break of structure to the upside. Price has already shown signs of Wyckoff accumulation and is now pushing toward the nearest supply zones.
I’ve marked two potential supply areas close by, but I suspect the first (8hr) supply may be violated as the premium one above looks stronger. My plan is to look for short-term buys up to that supply, then prepare for potential sell setups to continue the overall bearish trend.
Confluences:
- GU has been bearish, breaking structure to the downside
- Two nearby supply zones above current price
- Price currently in a strong demand zone, likely to cause a short-term correction
- Liquidity resting below waiting to be taken
- DXY showing bullish movement, aligning with this outlook
P.S. I wouldn’t be surprised if GU rallies from this demand zone toward the premium level around 1.32000 before continuing its downward move.
GBP/USD Bullish Setup Above 1.3371FenzoFx—GBP/USD is trading in the previous week's range while defending the bullish fair value gap from October 14. The price is yet below the 20-period SMA, despite the oversold signal by stochastic and the impulsive upside momentum yesterday.
From a technical perspective, GBP/USD can potentially aim for the weekly highs at 1.3471. However, for this scenario to unfold, the price must close above the 1.3371 immediate resistance. Furthermore, for the bullish outlook to remain valid, the mean threshold of the 4H fair value gap must remain intact.
GBPUSD possible bullish for 1.34351st August formed a daily key reversal bar, made a new low closed towards the high. Daily demand zone range 1.3243-3145. Discount level of the zone 1.3200. Stop loss: 1.3125 split your risk into two position with 0.5% risk each. first order at 1.3200, 2nd order from 1.3145. target: 1.3435.
GBPUSD Possible boat patternGBPUSD has finally started move up with multiple liquidity grab from the montly support. As long term trend is bullish and we are nearing to monthly close, a lower price rejection could lead the price back to the resistance line which may mean a boat pattern formation.
Entry on pullback on 4h once liqidity sweep is confirmed.
GBP/USD Bearish Setup – Supply Zone Rejection Targeting 1.3338"Chart Analysis:
Trend:
The pair was in a strong uptrend inside a rising channel.
Recently, price broke below the channel, signaling potential weakness.
Key Zones:
Supply Zone (Resistance): Around 1.3605 – 1.3660.
This is where sellers are expected to step in if price retraces back up.
Support Zone: Around 1.3510 – 1.3525, price reacted here before.
Trading Plan (Marked on Chart):
Entry Point: Around 1.3605 (short entry if price retests supply zone).
Stop Loss: Around 1.3661 (above supply zone).
Target Point: Around 1.3338 (major support below).
Risk-Reward Ratio (RRR):
Entry ~1.3605, SL ~1.3661 → Risk ≈ 56 pips.
TP ~1.3338 → Reward ≈ 267 pips.
RRR ≈ 1:4.7 → Very favorable.
Price Action Outlook:
If price pulls back into the supply zone, it’s a good short opportunity.
If price fails to retest supply and breaks below current support, continuation downside is confirmed.
Only a strong close above 1.3660 would invalidate this bearish setup.
📌 Summary:
The chart suggests a bearish retracement trade setup for GBP/USD.
Best strategy: Sell near supply zone (1.3605–1.3660).
Targeting 1.3338 with SL at 1.3661.
Great RRR, but patience is needed for entry confirmation.
GDP on GBPUSD may push price upUpcoming GDP on GBPUSD may push the price upside as 2 step liquidity sweep has fueled the continued uptrend which may potentially continue to rise up to the area of value. As the longer term trend is up, it is highly likely price to move back up to the direction of the major trend.
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.
GBP/USD Is Falling: Here's Why Selling Could Be RiskyFenzoFx—GBP/USD displaced below $1.3446 minor support in today's trading session. This dip in the price could be a trap for two major reasons:
There is a smooth equal highs at $1.3490, and above it exists the weekly opening gap. The market tends to invalidate equal highs and fill the weekly opening gap price.
Therefore, selling at the current price is risky. We suggest using the weekly opening gap to plan a bearish trade. If this scenario unfolds, we expect GBP/USD to target the equal lows at $1.3399. This setup provides a 1 to 4 risk to reward.
GBPUSD Head & Shoulder Pattern for sell target 1.3100#GBPUSD daily head & shoulder pattern has been formed. price broke below neckline last week which is 1.30705 level. Price is moving upside as a pullback without volume. Institutional traders did profit target in their short position. Institutions are waiting price test their supply zone for another leg lower. split your risk into two positions i.e 1st order as 1.3529, 2nd order as 1.3574, stop loss: 1.3605. Medium term target: 1.3100, while 1.3215 is also level of interest for profit taking.
GBP/USD Under Pressure as Dollar Strength Builds and Technicals GBP/USD continues to weaken under the weight of renewed dollar strength. The pair has traded below its 50-day moving average for an extended period, and technical signals are aligning for further downside.
Last week’s bearish pinbar on the weekly chart highlighted rejection near key resistance, and now a potential bearish close on the monthly chart—marked by a large shadow candle—could reinforce the negative bias. If confirmed, this would suggest sustained pressure into August and beyond.
The U.S. dollar is gaining traction on the back of resilient economic data, stable inflation expectations, and rising Treasury yields. No changes are expected from the Federal Reserve in the near term, which removes uncertainty and supports the dollar through steady policy.
Meanwhile, the UK outlook remains fragile. Political uncertainty, weak economic momentum, and unclear forward guidance from the Bank of England are weighing on the Pound. Wage growth is slowing, inflation is cooling, and real yields remain under pressure.
If GBP/USD breaks below the recent support near 1.3205, it could open the door to deeper losses. As long as dollar strength persists and UK fundamentals remain soft, the pair may remain under bearish control. Watch for a confirmed monthly close to validate the setup.
GBP/USD Weakens Below TrendlineFenzoFx—GBP/USD broke below the ascending trendline and currently trades slightly below the VWAP at $1.322. Immediate resistance is at $1.357. From a technical perspective, the downtrend will likely extend to $1.313 if this level holds.
The bearish outlook should be invalidated if GBP/USD closes and stabilizes above $1.357.
GBPUSD - Looking To Sell Pullbacks In The Short TermH4 - Strong bearish move.
No opposite signs.
Currently it looks like a pullback is happening.
Expecting bearish continuation until the two Fibonacci resistance zones hold.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
--------------------------------------------------------------------------------------------------------------------
EURUSD and GBPUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Bullish Momentum Builds Above $1.3475 for GBP/USDFenzoFx—GBP/USD is testing the descending trendline as resistance. The primary trend is bullish, and if bulls close and stabilize above $1.3475, the uptrend will likely resume.
If this scenario unfolds, the next bullish target could be the resistance at $1.3525. Please note that the bullish outlook should be invalidated if GBP/USD closes and stabilizes below $1.3369.
High-Reward GBPUSD Setup: Entry 1.3598, TP 1.3867, SL 1.3478The GBP/USD pair has recently shown a clean bullish breakout from a short-term consolidation zone. Price has decisively moved above the 1.3478–1.3480 support-turned-resistance level, which previously acted as a ceiling within a rising channel. This breakout is meaningful—it comes after a retracement toward the lower boundary of the ascending structure, suggesting that buyers are once again gaining control.
The recent bullish candle has closed strong and full-bodied, indicating momentum. Historically, as you mentioned, GBPUSD tends to follow through for a few sessions once a bullish breakout begins. This is visible in prior moves throughout March and April, where an initial spike was often followed by two or three additional bullish candles. That behavior adds confluence to this setup.
Moreover, there is a clear path for price to move toward the long-term resistance near 1.3867, which aligns well with prior supply zones and the upper boundary of historical price reactions.
📈 Trade Idea
• Entry: 1.3598 (current price after breakout confirmation)
• Stop Loss: 1.3478 (just below the support flip and last swing low)
• Take Profit: 1.3867 (next major resistance level)
• Risk–Reward Ratio: ~2.24:1
This setup offers a clean bullish continuation pattern with room to run. If the pair maintains its current momentum, reaching the target in the next few trading days is entirely plausible. Any daily close above 1.3600 with volume would further validate the trend.
GBPUSD - Expecting Bullish Continuation In The Short TermM15 - Strong bullish momentum followed by a pullback.
No opposite signs.
Until the two Fibonacci support zones hold I expect the price to move higher further.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
--------------------------------------------------------------------------------------------------------------------
EURUSD, GBPUSD and AUDUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Still keeping a close eye on a potential USD pop...Although the EUR/USD and GBP/USD popped higher late last week, I'm still keeping a close eye to stay short on the EUR/USD considering the bearish rising broadening pattern coupled with a yearly pivot point inter-median level and negative divergence on the MACD. This is all based on the daily chart.
Many factors are in play right now with what's going on between Israel and Iran along with FOMC this week and Tariffs still in play.
On a purely technical analysis point of view, I potentially expect a bullish retracement in the USD while remaining long term bearish across the board.
we'll see how this one develops.
Good Luck & Trade Safe.
GBPUSD ready to jump?GBPUSD after retest of the daily support has got a bounce back to the upside with a momentum as the price already has got rejected back, we may see potential trend continuation. We can spot the double bottom on the lower timeframe from this support and may continue to rise to the resistance. A bullish trade is high probable after confirmation of potential inverted head and shoulder






















