GBPUSD Forecast Analysis - July 29, 2025

GBPUSD Forecast Analysis – July 29, 2025

✅ Overview

The GBPUSD currency pair is currently navigating through a bearish trend, reflecting the overall sentiment in the Forex market. Recent economic events, including the CBI Realized Sales report and upcoming indicators from the US, have intensified market dynamics. With the current price at 1.33548, traders are closely monitoring key support and resistance levels as they prepare for potential fluctuations in the currency pair.

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For traders interested in related currency pairs, here’s a look at the GBPJPY analysis to diversify your strategy.

✅ Market Trends & Trading Strategies

The GBPUSD pair is currently under bearish pressure, with several moving averages indicating sell signals. The Exponential and Simple Moving Averages across various timeframes suggest that traders should be cautious and prioritize short positions. As the market reacts to economic news, a tactical approach to trading can capitalize on these movements.

In the context of day trading, opportunities may present themselves within the 15-minute to 1-hour range as traders look to exploit short-term price fluctuations. With key resistance at 1.35015 and support around 1.34771, traders can plan their entry and exit points effectively.

✅ GBPUSD Trading Strategies

🎯Current Trend: 📉 Bearish
🎯Price Action: GBPUSD is trading below 1.35015, testing minor resistance at 1.34771.
🎯Day Trading (15 mins – 1 hour): Consider short positions around 1.34771, targeting a drop to 1.3400 for potential quick gains.
🎯Swing Trading (4 hours – 1 week): Holding onto short positions may yield results as the market reacts to upcoming economic data.
🎯Contrarian Strategy: If resistance at 1.35015 holds, consider long positions targeting 1.3550 as a reversal play.

✅ Detailed Pair Analysis

The GBPUSD pair is facing significant resistance around 1.35015, while key support is located at 1.34771. If the price breaks below this support, it may indicate further downside potential. Conversely, a move above 1.35015 could signal a shift in sentiment, encouraging traders to look for potential buying opportunities.

Upcoming economic events, such as the CBI Realized Sales report, may influence the GBPUSD pair’s movement. The recent actual figure of -34, compared to the previous -46, indicates a slight improvement that could affect trader sentiment and market direction.

✅ Additional Trading Strategies

🎯 Trend Reversal: Look for signs of reversal when GBPUSD approaches 1.3400, targeting a bounce back to 1.3550.
🎯 Momentum Plays: If GBPUSD breaks through 1.35015, consider entering with momentum for short-term gains.

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✅ Conclusion

In summary, traders should remain vigilant regarding upcoming economic events such as the BRC Shop Price Index and M4 Money Supply reports, as these could trigger volatility in the GBPUSD currency pair. The bearish trend observed indicates potential movement towards the support level of 1.3400 if downward momentum persists.

As we continue our daily market analysis, we invite you to return for updates and insights that can enhance your trading strategies.

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