Get started

U.S. Dollar / Pound Sterling

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

USDGBP trade ideas

GBPUSD POSSIBLE BUYThe market is currently testing the current Weekly area. Based on 4HR TF, the market seems to be forming a possible reversal chart pattern. We could see Buyers coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
Long
by WiLLProsperForex
MORE DETAILED LOOK ON GBP/USDGBP/USD 4H - This as you can see is a more detailed look on the current structure of the market and where price is at, as you can see price currently leaving the area of Demand. We are seeing price take a hike to the upside, now if we were to look for all pieces of confluence before getting involved we would want a higher timeframe structure break, that would come from the BOS marked out above. That is the last protected High within the bearish structure that traded price down and into the Demand Zone below, so a break in that would confirm an end to the move lower and the start of a correction, trading us up and into the Supply Zone above. I have gone ahead and marked out two smaller areas of interest, I feel these will have an influence on current price action. I have marked out a path on how I feel price will play out over the course of the next few days.
Long
by Lukegforex
LONGS BEFORE WE GO SHORT ON GBP/USDGBP/USD 1W - As you can see price has pulled down and into an area of Demand, we are now seeing price reject well from here. I believe this may be the start of a correction before a continuation lower. I will be looking to go long in this market to ride price up and into the area of Supply I have marked out above, this will act as an area to take profit from and an area we can look to go short from. I will follow up with some further analysis on this pair going down to the lower timeframes, in order for us to get a refined entry and one thats going to offer us a good risk to reward ratio we must go down on timeframes. This allows us to refine the positions we go onto place and it also helps us find the confluence and confirmation needed to actually go on to place the position. You can see here on the 1D that this market looks to be going short longer term with the break in structural lows.
Short
by Lukegforex
LONGS BEFORE WE GO SHORT ON GBP/USDGBP/USD 1W - As you can see price has pulled down and into an area of Demand, we are now seeing price reject well from here. I believe this may be the start of a correction before a continuation lower. I will be looking to go long in this market to ride price up and into the area of Supply I have marked out above, this will act as an area to take profit from and an area we can look to go short from. I will follow up with some further analysis on this pair going down to the lower timeframes, in order for us to get a refined entry and one thats going to offer us a good risk to reward ratio we must go down on timeframes. This allows us to refine the positions we go onto place and it also helps us find the confluence and confirmation needed to actually go on to place the position. You can see here on the 1D that this market looks to be going short longer term with the break in structural lows.
Short
by Lukegforex
GBPUSD may rise from the Bullish Order BlockGBPUSD May Rise from the Bullish Order Block Bullish Order Block: 1.25710 - 1.25671 Resistance Zone: 1.26130 - 1.26082 GBPUSD is showing potential for an upward move from the identified Bullish Order Block between 1.25710 and 1.25671. The price is currently consolidating between a support trendline and a resistance zone, indicating indecision in the market. If the price breaks above the resistance zone at 1.26130, we should wait for a retest to confirm the breakout and consider taking a long entry around that level. Alternatively, if the price retraces to touch the bullish order block, it represents an excellent opportunity for a long position, as this area has a high probability of triggering a reversal. The combination of Smart Money Concepts (SMC) and technical patterns such as consolidation and breakout setups makes this trade idea robust. FIBONACCI RETRACEMENT also given the confirmation from its major support level between 0.5 and 0.618. the order block is perfectly at the retracement level. Let’s observe how the price reacts at these key levels. Proper risk management is crucial to ensure long-term success. Patience and discipline will be the keys to capitalizing on this opportunity! GBPUSD / LONG / M15 LOT :- 0.3 Entry Price :- 1.25708 Take Profit :- 1.25927 Stop Loss :- 1.25489
Long
by PraveenTrader1
GBPUSD: Your Trading Plan For Today GBPUSD is currently testing an important level of support on a short-term chart. To consider shorting the pair, look for an ascending triangle pattern on a 4-hour timeframe. A confirmation signal would be a breakout above the horizontal neckline, specifically a 4-hour candle closing above 1.2616. If this occurs, consider aggressively shorting the market or waiting for a retest before entering a short position with a target of 1.2700. On the other hand, a bearish violation of the horizontal support level would indicate a strong continuation of the bearish trend.
by linofx1
AFTER THE FLOW: GBPUSD [+1]Trades Summary: Total Trades: 3 (2 short, 1 long) Success Rate: 100% (all trades were profitable) Largest Profit: $975.78 Net Profit: $1,120.16 Trade Details: GBPUSD: Modest profit of $48.00 from a long position. AUDNZD: Net gain of $119.76 on a short position. CADJPY: A significant profit of $994.67, showcasing the strength of this setup. Risk and Drawdown: Drawdown: None recorded (0%). Sharpe Ratio: 0.87 (indicating good risk-adjusted returns). Execution: All trades were closed with profits, and the largest profit came from CADJPY.
by moneymagnateash
CHART BREAKDOWN GBPUSD: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell zone spanning from 1.26150 to 1.26070, respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 1.26150 and 1.26070 serving as a low-risk buy. Bearish Targets📉: 1.25950: Possible retracement area. 1.25880: Possible retracement area. 1.25750: Possible retracement area. 1.25550: Possible retracement area. 1.25700: Significant demand zone. 1.25350: Significant supply zone. 1.25250: Liquidity area. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
Short
by T4X_Trading