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GBP/USD Potential Bullish ReversalGBP/USD Potential Bullish Reversal 📈🦾 📊 Technical Analysis Overview: The chart showcases a well-defined horizontal range between the support (~1.31900) and resistance (~1.36200) zones. The price action has respected these levels multiple times, forming a clear accumulation zone at the bottom and rejection at the top. 🔄 Pattern Formation: A Rounded Bottom (Cup) structure is visible forming from the June low. The price made a bullish bounce near the key support level at 1.33930, marked by an orange circle, suggesting a potential higher low formation. The blue downtrend line from the recent high (red arrow) has been broken, indicating a trend reversal attempt. 📍 Current Price: 1.34494 🎯 Target Zone: 1.35734 🛑 Support to Watch: 1.33930 📈 Bullish Confirmation: A break above the minor neckline (around current price) would confirm a cup & handle breakout with a projected target of 1.35734. Strong buying pressure and higher lows are reinforcing bullish strength. ⚠️ Risk Management Tip: A breakdown below 1.33930 would invalidate the bullish setup and could retest the major support zone (~1.31900). ✅ Bias: Bullish, unless price closes below 1.33930 🕒 Outlook: Short- to Mid-term Upside Potential
Long
by MrStellanSight
1
GBP/USD Daily Chart Analysis – June 20, 2025 📉 GBP/USD Daily Chart Analysis – June 20, 2025 📊 📌 Chart Overview: The GBP/USD pair is currently experiencing a critical technical phase. After a strong bullish rally from January 2025, price action has approached a key resistance level near the 1.3600 zone. Here's the detailed breakdown: 🟦 Key Highlights: 🔹 Resistance Zone 💥 Price is testing a major horizontal resistance between 1.3450 – 1.3600. This area has acted as a supply zone where sellers are currently active. 🔹 Trendline Support 🔺 A long-standing bullish trendline, active since early 2025, has been retested multiple times, confirming the trend’s strength. 🔹 Retest in Progress 🔄 Price recently pulled back after hitting the resistance and is now retesting the broken trendline, indicating a potential shift in trend if the trendline fails to hold. 🔹 Fake Breakout ⚠️ An earlier attempt to break below the trendline in April turned out to be a false breakout, which fueled bullish continuation. A similar scenario could be developing. 📊 Technical Outlook: 📈 If price breaks and closes above 1.3600, it would indicate strong bullish momentum and could open doors toward new highs. 📉 However, if the trendline breaks convincingly and retest fails, sellers may gain control with potential downside targets around 1.3200 and 1.3000. 📍 Conclusion: GBP/USD is at a make-or-break zone 🧨. Traders should monitor the reaction at the trendline and resistance closely. Breakout or rejection here will shape the mid-term direction. 🔔 Watch for confirmation signals before entering positions.
by VikingFx-Community
GBP/USD Bearish Rejection at Resistance Zone – Downside Targets GBP/USD Bearish Rejection at Resistance Zone – Downside Targets Ahead 🚨 This chart analysis of GBP/USD reveals a clear bearish structure unfolding after the pair tested a strong resistance zone near the 1.36000 level. Here's the professional breakdown: 🔴 Key Resistance Zone: 1.36000 – 1.36200 Price has been rejected multiple times from this upper zone (marked in red). Repeated upper wicks and lower closes signal selling pressure. Recent candle formations suggest a potential reversal from this level. 🟢 Major Support Zones: 1.33090 (Mid-Level Support) This level has acted as a reaction zone in the past. Could provide temporary consolidation or bounce. 1.31500 – 1.32000 Strong historical support, price bounced here previously. Bears might slow down in this area before continuation. 1.28000 – 1.29000 Deeper support zone; if broken, could indicate a major trend shift. 📉 Bearish Projection Price is expected to descend toward 1.33090, and if momentum continues, potentially down to the 1.28 region. The zigzag projection in the black box reflects a stair-step pattern typical of strong bearish legs. 🧠 Market Psychology & Price Action Sellers are defending the resistance aggressively. Lower highs and consistent rejection candles imply weakening bullish momentum. This setup aligns with a distribution phase before a drop. 📌 Conclusion 🔻 As long as the price remains below the 1.36000 resistance, the bias remains bearish. Watch for confirmations at 1.33090 and 1.32000 – these are crucial zones where price decisions will unfold. 📆 Short to mid-term traders may look for sell setups on retracements with stop-losses above the resistance and targets near support zones.
Short
by MrStellanSight
GBP/USD Technical Analysis – Bearish Setup Developing!GBP/USD Technical Analysis – Bearish Setup Developing! 🔻 Chart Breakdown (H4): 📌 Resistance Zone (🔴 1.35800 – 1.36000): The pair has been rejected multiple times from this strong resistance area, marked by multiple upper wicks and bearish pressure. Most recent price action shows another rejection, forming a lower high. 📌 Support Level (🟣 1.34732): This key horizontal level has acted as a strong support multiple times (highlighted with 🟠 circles), suggesting bulls are attempting to defend this zone. 📉 Bearish Structure Formation: Price recently tested resistance again and was rejected sharply. A potential double-top or lower high structure is forming. A break and close below the 1.34732 support will likely confirm bearish momentum. 📍 Next Target (🔻): If support breaks, price may fall towards the support demand zone around 1.34150 – 1.34300, aligning with the marked red support box. 📈 Invalidation Point: A clean breakout and hold above 1.36000 would invalidate this bearish bias and potentially signal continuation higher. ⚠️ Summary: 🔼 Resistance Rejection at 1.36000 🔽 Watching for break below 1.34732 🎯 Bearish target: 1.34300 zone 🔄 Invalidation: Break above 1.36000 Bias: 📉 Bearish Below 1.34732
Short
by MrStellanSight
1
GBPUSD - FACES RESISTANCE AS BEARISH SIGNALS EMERGESymbol - GBPUSD CMP - 1.3525 GBPUSD has been rallying amid a weakening US dollar but is now encountering strong resistance and showing signs of a false breakout suggesting a potential corrective phase ahead. The pair is currently testing a key resistance zone within a distribution phase, with a double top pattern forming on the higher timeframe - a classic bearish reversal signal. Despite the broader bullish structure, the failure to sustain gains above key resistance 1.3600 and ongoing consolidation below 1.3545 point to weakening momentum. Additionally, the US dollar has reached support levels and may begin to recover, adding further downward pressure on GBPUSD. Resistance levels: 1.3548, 1.3570, 1.3600 Support levels: 1.3512, 1.3455 If the pair cannot hold above 1.3565 during this retest, a deeper pullback is likely, potentially offering short opportunities. The correction could extend toward the 1.3450–1.3365 & may test 1.3300 support range before any continuation of the broader uptrend.
Short
by akshit_official
GBP/USD Short Trade Setup – Targeting 1.31580 from 1.34281Entry Point: 1.34281 Stop Loss: 1.34554 (about 27 pips above entry) Target Points: Target One: 1.32698 Final Target (EA Target Point): 1.31580 (approx. 270 pips from entry) Risk/Reward Ratio: Favorable, given the tight stop and wider target. 📈 Chart Features Highlighted Zones: Resistance Zone (top purple area): A strong supply zone, where price reversed multiple times. Support Zone (bottom purple area): Historical demand zone, previous price reactions. Orange Circles: Represent key swing highs and lows (likely used to confirm the zones or a double/triple top/bottom pattern). Moving Averages: Red Line: Likely a shorter-period MA (e.g., 20 EMA). Blue Line: Likely a longer-period MA (e.g., 50 or 200 EMA), often used for trend confirmation. 🧠 Interpretation Price Action: The chart suggests the price recently hit a resistance zone and is expected to reverse. Trade Bias: Bearish – expecting the market to drop from the resistance. Indicators Support: Price has rejected multiple times at the top. Entry is slightly below resistance, confirming a potential reversal. Targets align with support and past consolidation zones.
Short
by EA_GOLD_MAN_COPY_TRADE
GBP/USD Short Trade Setup: Reversal from 1.34370 with Target at Entry Point: Marked at 1.34370, where the analyst anticipates a reversal or price rejection. Stop Loss: Positioned above at 1.34975, covering a 2.62% risk margin. This is a protective level in case the price moves against the trade. Target (Take Profit): Set at 1.31015, just above a strong support zone around 1.30818. This is where the analyst expects the price to eventually fall. Resistance Point: Noted around 1.33007 – 1.32859, acting as an intermediate level of interest and possible price reaction zone.
Short
by EA_GOLD_MAN_COPY_TRADE
3
"GBP/USD Bullish Setup: Eyeing 1.35656 Target "Trend: Bullish 📈 🔵 Price Channel Price is moving inside an ascending channel 🔼 Top Line: Resistance Bottom Line: Support Multiple touchpoints confirm channel validity ●●●●● 📍Current Price: 1.34094 Above the 70 EMA (📉 EMA: 1.33510) ➡️ Bullish Bias ✅ 📦 FVG (Fair Value Gap) Zone: Potential support 🔵 Demand area Expecting price to dip into this box before going up ⬇️🔵⬆️ 🔒 Resistance Zone Just above the FVG Price faced rejection here 🚫 🎯 Target Point: 1.35656 Major bullish target for this setup 🚀 Clear sky above if price clears resistance ☁️➡️🌤️ 🧠 Trade Idea Wait for retracement into FVG zone 🔽 Enter Long (Buy) if support holds 💰 TP: 1.35656 🎯 SL: Below the FVG zone ❌ ⚠️ Upcoming USD News Events
Long
by Jameshead007
GBP/USD Head & Shoulders Breakdown – Bearish Trade Setup AlertPattern Breakdown: Left Shoulder: * Formed around April 15 * Medium-high peak * Indicates early resistance Head: * Tallest peak around April 16 * Price exhaustion sign Right Shoulder: * Lower high formed after the head * Matches the left shoulder * Lower momentum from bulls Neckline (Support): * Horizontal blue zone * Price has broken below * Bearish confirmation Trade Setup: Entry Point: * 🔽 1.32349 * Just below the neckline for confirmation Stop Loss: * ⛔ 1.32532 * Above right shoulder to limit risk Target Point: * 🎯 1.31200 * Based on height of the pattern * Great Risk-to-Reward Ratio. Indicators: EMA 7 (Black Line) * 📉 Current Price below EMA * Acting as dynamic resistance. What to Watch: 🔍 Look for strong bearish candle close below neckline ✅ Re-test of neckline as resistance can be ideal for entry ⏳ Wait for momentum confirmation if not entered yet.
Short
by Jameshead007
GBP/USD Short Setup – Rejection from Resistance Zone with High REMA 30 (red line) EMA 200 (blue line) --- Key Levels: Entry Point: 1.31324 Stop Loss: 1.32303 Target (TP): 1.28102 --- Analysis: 1. Trend Context: The market shows a recent bullish move approaching a key resistance zone (highlighted in purple). The price is now reacting to that resistance zone and potentially forming a reversal. 2. EMA Insight: Price is currently trading slightly above the EMA 200 and EMA 30, indicating short-term bullish momentum. However, the suggested trade setup appears to be short (sell), anticipating a reversal from
Short
by EA_GOLD_MAN_COPY_TRADE
1
GBP/USD Bearish Reversal Setup – Targeting 1.27451 (April 2025)"GBP/USD Sell Setup – Bearish Reversal Opportunity ⚙️ Trade Setup Summary Entry Point (Sell Zone): Around 1.31668 Stop Loss: 1.32638 Take Profit (EA Target Point): 1.27451 Risk-Reward Ratio (R:R): Risk: 1.32638 – 1.31668 = ~97 pips Reward: 1.31668 – 1.27451 = ~422 pips R:R ≈ 1:4.35 – very favorable 📊 Technical Analysis Supply Zone (Resistance): The purple zone near 1.31668–1.32638 is likely a key supply area where price previously reversed. A small rejection wick is already forming near the entry, suggesting potential exhaustion. Bearish Setup Expectation: Anticipated reversal at resistance. The plan likely involves waiting for a bearish confirmation (e.g., pin bar, engulfing candle) in the zone before shorting. Moving Averages: Price is above both the red (short-term) and blue (longer-term) moving averages, indicating current bullish momentum. However, the trade anticipates a trend reversal or deeper retracement. Target Zone: The EA Target Point at 1.27451 is positioned at a prior demand/support zone — a logical level for take-profit. 🧠 Trade Thesis This is a counter-trend trade aiming to catch a reversal from a resistance zone. Strong confluence from price action and resistance makes this setup compelling, if proper confirmation appears. ⚠️ Risk Considerations Bullish momentum is still strong, so aggressive entry without confirmation can be risky. Monitor closely for rejection signs or bearish divergence before entry. SL above 1.32638 provides safety buffer against stop hunts or spikes. ✅ Potential Title Suggestions "GBP/USD Bearish Setup – Reversal from Resistance Targeting 1.2745" "GBP/USD Short Trade Plan – Sell at 1.31668, Target 1.27451" "GBP/USD Sell Opportunity – High R:R Bearish Setup
Short
by EA_GOLD_MAN_COPY_TRADE
GBP/USD 1-Hour Chart Analysis: Bearish Setup with Key ResistanceGBP/USD 1-Hour Chart Analysis: Bearish Setup with Key Levels Key Technical Indicators: Current Price: $1.29427 30 EMA (Red Line): $1.29453 (Short-term trend) 200 EMA (Blue Line): $1.29351 (Long-term trend) Key Resistance Zone: $1.29663 - $1.29851 (shaded purple) Support & Target Levels: TP 1: $1.29358 TP 2: $1.29153 TP 3: $1.28895 Final Target: $1.28662 Analysis: Trend: The price is struggling around the 30 EMA and 200 EMA, showing indecision. The shaded resistance zone ($1.29663 - $1.29851) is a key area where sellers may take control. Trade Setup: Entry: Expected near $1.29663 (potential rejection from resistance). Stop Loss: Above $1.29851 (to minimize risk if price breaks higher). Take Profit Targets: Multiple levels, with the final target at $1.28662. Bearish Confirmation: If price gets rejected at resistance, a downside move toward support levels is likely. A break below 1.29358 could accelerate selling pressure. Conclusion: The chart suggests a potential bearish trade setup, with resistance acting as a key rejection point. Watch for confirmation signals at the resistance zone before entering a short trade. A break above $1.29851 would invalidate the bearish outlook.
Short
by EA_GOLD_MAN_COPY_TRADE
GBP/USD Trade Analysis: Bullish Reversal from Support ZoneExponential Moving Averages (EMAs): 200 EMA (Blue) at 1.29309: Represents the long-term trend. 30 EMA (Red) at 1.29122: Represents the short-term trend. Price is currently below both EMAs, suggesting a bearish trend. Support and Resistance Zones: Resistance Zone (Purple at the top): Price previously reacted strongly at this level. Support Zone (Purple at the bottom): A potential demand area where price is currently bouncing. Trade Setup: Entry Point: Near 1.28875 (highlighted on the chart). Stop Loss: Set around 1.28714-1.28856, below the support zone. Target Point: 1.29730, above the resistance and near the 200 EMA. Risk-to-Reward Ratio: The setup aims for a higher reward than risk. Trade Idea: Bullish Reversal Trade: The price is reacting at a support zone, and the target aligns with a previous resistance level. A confirmation (strong bullish candle or break of 30 EMA) could indicate a move toward 1.29730. EMA Crossover Watch: If the 30 EMA crosses above the 200 EMA, it may confirm a stronger uptrend. Potential Risks: If price breaks below 1.28714, the bullish idea is invalid. Resistance at 1.29309 (200 EMA) could slow the move upward.
Long
by EA_GOLD_MAN_COPY_TRADE
GBPUSD - BULLS NEED TO EXERCISE CAUTION - NEWS AHEADSymbol - GBPUSD CMP - 1.2937 The GBPUSD pair has shown impressive bullish strength recently, continuing its upward move against the US dollar. This strength can be attributed to aggressive sell-off of the US dollar, which has created a favorable environment for the British pound. The pair is currently trading in a critical zone, with consolidation at the 1.2920 - 1.2940 levels, making it a pivotal point for future price action. From a technical standpoint, I previously shared my analysis when GBPUSD was trading around the 1.2460 levels, identifying a strong breakout, and I'm pleased to report that all the targets I set have been reached. However, the current situation remains complex, with crucial economic data due to be released shortly. US JOLTs job openings data is expected later today, followed by CPI data tomorrow. These releases will have a significant impact on the US dollar, which in turn will influence GBPUSD. Given that the US dollar index (DXY) is trading at oversold levels, if the upcoming data comes more than forecast, we could see a strong rebound in the US dollar, potentially pushing GBPUSD lower. However, if the data comes lower than expected reading, it could trigger another corrective move in the DXY & an up move in GBPUSD. Despite this, I believe such a move would be a false breakdown in DXY, with the US dollar likely to recover and strengthen in the medium term. In the event of weaker than forecast data, the GBPUSD pair could see a push towards the 1.3050-1.3080 levels. These levels represent strong resistance zones, where the pair is likely to encounter selling pressure. Should GBPUSD reach these levels, a reversal back towards lower levels is highly probable. Key Support Levels: 1.2920, 1.2900 Key Resistance Levels: 1.2950, 1.3000, 1.3060 As key support for the pair is at 1.2920-1.2900, and a strong break below these levels could signal a potential shift in trend. On the other hand, resistance levels lie around 1.2950. If the bulls manage to push past these levels, we may see further price growth till 1.3050-1.3080. However, bulls should exercise caution at current levels. Any reversal could occur sooner than expected, given the prevailing market conditions and upcoming economic data releases. In conclusion, the fate of GBPUSD heavily depends on the upcoming US economic data. Traders should closely monitor the JOLTs and CPI data, as these will likely dictate the next move for the pair.
Short
by akshit_official
4
GBPUSD - TREND REVERSAL?Symbol - GBPUSD GBPUSD is attempting to capitalize on a potential trend reversal amid the ongoing correction of the U.S. dollar. The price is currently testing a key resistance level within a consolidation phase, indicating a possible breakout. On the daily timeframe, the price remains above the previously breached trendline, with the effort to surpass the resistance providing insights into market sentiment. A continued correction in the dollar could benefit the British pound, particularly if the U.S. Dollar Index breaks below 107 and moves toward the 106-105 range. From a technical perspective, attention is centered on the 1.257 level, which acts as a crucial resistance threshold. A sustained break and consolidation above this level may trigger a rally. Resistance levels: 1.2575, 1.2718 Support levels: 1.250, 1.2377 I do not rule out the possibility of a retest of the 1.250 support level to accumulate liquidity before further upward movement. The dollar is expected to continue its correction following remarks from Trump and Powell regarding potential rate cuts.
Long
by akshit_official
GBPUSD - BULLISH MOMENTUM TO CONTINUESymbol - GBPUSD The GBPUSD pair has been showing strong bullish momentum, particularly after the reversal from the mid-January low and the recent rise back to 1.2500 The price action suggests potential for further upside, with 1.2700 emerging as the next key resistance level. Buying the dips remains the most favorable strategy in this context. Currently, the price is attempting a local trend reversal. It has breached the resistance of the descending price channel and is consolidating above this level, within the buying zone. The underlying fundamental conditions, however, remain complex and unstable, influenced significantly by President Trump's policies and the ongoing tariff disputes with various countries. Sudden, sharp statements continue to have a notable impact on market sentiment. Technically, the price is breaking through the resistance of a prolonged downtrend, offering an opportunity for a shift in the local trend. A breakout above the resistance at 1.2490, followed by consolidation above this level, could encourage further bullish momentum. Key resistance levels: 1.2490, 1.2600, 1.2750 Key support levels: 1.2415, 1.2380 The price may test the previously broken channel resistance before continuing its upward movement. However, the 1.2490 level remains crucial. Should the bulls maintain support above this area, the currency pair may experience a short-term rally.
Long
by akshit_official
GBPUSD - READY FOR ANOTHER FALL ?Symbol - GBPUSD The GBPUSD is currently testing the resistance level within its downtrend, but the price lacks the momentum to break through this range. Anticipation of upcoming news could further reinforce the downward movement. On the daily chart, the price is also exhibiting a false breakdown at a relatively significant level, reinforcing the notion that the market remains within the selling zone. The upcoming Federal Reserve meeting is expected to maintain the current interest rate, but the key focus will be on Chairman Powell's speech. Should his remarks lean towards a hawkish stance, which seems the most probable scenario, the US dollar may strengthen, potentially exerting downward pressure on the GBP. From a technical perspective, the most substantial price movements typically occur following false breakouts. Resistance levels: 1.2490 Support levels: 1.2415, 1.2380 A retest of the trend resistance resulting in a false breakout, followed by consolidation below the resistance line, could lead to further downward momentum. A break below the support level at 1.2415 would likely trigger additional selling. In the absence of unexpected news, the currency pair may decline towards the 1.2240 level. I will be looking to enter a short trade in the 1.2480 - 1.2520 range, with a stop loss at 1.2550 and a target of 1.2340.
Short
by akshit_official
GBPUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD GBPUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
by tradergyan01
1
GBPUSD SETUP TRADE WIH 1:5 RISK REWARDGBPUSD SETUP TRADE WIH 1:5 RISK REWARD A good selling setup detected on GBPUSD It's showing a BEAR MOVE due to these reason 1. It's following THE 60 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy BEARISH pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram GBPUSD SETUP TRADE WIH 1:5 RISK REWARD A good selling setup detected on GBPUSD It's showing a BEAR MOVE due to these reason 1. It's following THE 60 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy BEARISH pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram
Short
by tradergyan01