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.
Gbpusdforecast
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.
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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.
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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! 🚀
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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
GBP/USD Buys from 1.34800 This week’s analysis focuses on capitalising on the strong bullish structure forming on GU. After a clear break of structure to the upside, price has been forming consistent higher highs and higher lows.
From this move, a key Point of Interest has been left around the 1.34800 level, which aligns with a clean 9H demand zone. As price now needs to retrace after the recent bullish push, this 9H zone becomes a likely area for accumulation and a potential continuation rally.
Confluences for GU Buys:
- GU has been very bullish overall on the higher timeframes
- The 9H demand zone caused the latest break of structure to the upside
- There’s plenty of liquidity and imbalance above that needs to be taken
- The DXY is moving bearish, supporting GU upside
P.S. If price pushes higher before retracing, it may enter a premium supply zone, where I’ll be watching for any significant reaction. Either way, patience is key — don’t hesitate to wait for your setup to fully form.
Wishing you a focused and profitable trading week!
EURUSD and GBPUSD Breakout?Hello 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.
GBPUSD Sell and Buy Trading PlanH4 - We have a clean bullish trend with the price creating a series of higher highs, higher lows structure
This strong bullish move ended with a bearish divergence
While measuring this strong bullish move using the Fibonacci retracement tool we have two key support zones that has formed (marked in green)
So based on this I expect short term bearish moves now towards the Fibonacci support zones and then continuation higher.
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! 🚀
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GBP/USD is Bullish: This Breakout Triggers the UptrendFenzoFx—GBP/USD fell from $1.3435, testing the 50-period simple moving average near $1.3276. The Stochastic Oscillator is nearing the 20 level, suggesting the US dollar is overbought in the short term.
Support lies at $1.3202. The outlook remains bullish while above this level, though a close above $1.3295 is needed to confirm upward momentum. A retest of $1.3435 could follow.
Bearish Scenario: A drop below $1.3202 would invalidate the bullish view, potentially extending the decline to $1.3144 or even $1.3030 under sustained selling pressure.
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 is Overbought at Critical Resistance LevelFenzoFx—GBP/USD climbed to $1.3435, a key resistance near the September 2024 high. While the trend remains bullish, overbought signals from Stochastic and RSI-14 suggest limited upside.
If the pair stays below $1.3435, it may retreat to 1.3295 or even 1.3202.
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