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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
GBPUSD - EYEING 1.3430 BARRIER - CORRECTION LIKELYSymbol - GBPUSD CMP - 1.3406 The GBPUSD pair is gaining strength amid a broader rally driven by the ongoing decline in the US Dollar Index. This depreciation in the dollar is largely attributed to prevailing political dynamics in the United States, a shift in sentiment toward lower interest rates, and ongoing trade-related tensions. As a result, major currency pairs - particularly those within the dollar basket are experiencing upward momentum. In this context, the British pound is appreciating and approaching a key resistance level at 1.3430, this area has not been tested since its last confirmation approximately six months ago and is characterized by significant liquidity, which may initially hinder further upward movement. Key Resistance Level: 1.3430 Key Support Levels: 1.3292, 1.3207 Should the price approach this resistance sharply and fail to break through decisively - potentially forming a false breakout, there may be a subsequent corrective move. In such a scenario, a pullback toward the liquidity rich zone around 1.3292 could occur, especially if the pair fails to consolidate above 1.3430.
Short
by akshit_official
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
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 - 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
GBP/USD 4H Chart Analysis: Potential Market MovementIn this analysis, I'm presenting a potential price action forecast for GBP/USD on the 4-hour timeframe. The chart highlights a combination of technical patterns and key price levels to anticipate future market behavior. Here are the details of the setup: Market Context: The pair is currently trading within a clear bearish trend, as shown by the recent lower lows and lower highs. The sell zone aligns with a key resistance level, suggesting a potential area for bearish continuation. Projection and Scenarios: Blue lines outline two potential paths for market movement: Bullish retracement: Price might push higher to test the identified resistance area around 1.2440 before reversing downward. Bearish continuation: Following the retracement, the market could resume the downtrend, targeting the support levels near 1.2265 and 1.1900. Technical Zones: Resistance Area: 1.2440, highlighted as the probable turning point. Support Levels: 1.2265 (short-term) and 1.1900 (major target). The green zone marks potential retracement before price continuation. Risk Management: Traders should watch for price action confirmation near the resistance area before entering short positions. Stop losses should be placed above the resistance zone to minimize risk. Indicators and Confluence: The chart reflects a clear structure, with previous price reactions adding confluence to the identified zones. Conclusion: This setup offers a well-defined risk-to-reward opportunity for those aligning with the trend. Remember to use proper risk management and wait for confirmation before taking any trades.
Short
by lordthemb
GBPUSD TRDAING POINT UPDATE > READ THE CAPTAIN Buddy'S dear friend 👋 GBP USD Traders SMC-Trading Point still looking short Trade 🤝🤜 Day list week. Good moving 😃 up trand. GBP USD Short trend entry 1.25992 1.26124 Technical fundamental analysis update. GBP USD running trend 📈. Support and resistance now again take it resistance level pullback down trand target 🎯 1.24843 wait entry open Mr SMC Trading point Support 💫 My hard analysis Setup like And Following 🤝 me that star ✨ game 🎯
Short
by SMC-Trading-Point
GBPUSD TRADING POINT UPDATE >RAED THA CAPTAINBuddy'S dear friend 👋 GBP USD Traders SMC-Trading Point ☝️ Technical update on Gbpuad. Out of up trand.1.27300 Below 👇⬇️ 1.26092 technical analysis patterns for looking more Short Trade test diamond zone support 1.25000 Analysis target we'll see 1.25000 Back again rejected point below 👇 trend 1.26656 Resistance level 1.26655 1.26920 Support level 1.25000 Mr SMC Trading point Support 💫 My hard analysis Setup like And Following me 🤝 that star ✨ game 🎯
Short
by SMC-Trading-Point
GBPUSD SETUP TRADE WIH 1:20 RISK REWARDGBPUSD SETUP TRADE WIH 1:20 RISK REWARD A good selling setup detected on EURUSD 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 1:20 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
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
GBPUSD AnalysisFOREXCOM:GBPUSD Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied... Keep trading Hustle hard Markets can be Unpredictable, research before trading. Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
by Phinics
GBPUSD ShortFX:GBPUSD Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied... Keep trading Hustle hard Markets can be Unpredictable, research before trading. Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
Short
by Phinics