FX.co ★ KHALISA | GBP/USD

Trading Journal Wednesday, August 12, 2026 GBP/USD Market Analysis

Good morning everyone. Warm greetings on this sunny day. As usual, we're back to discussing one of the interesting instruments to analyze: the GBP/USD currency pair. First of all, I'd like to thank those who stopped by my journal yesterday, joined the discussion, and provided references and insights. I hope our discussion has been mutually beneficial and beneficial to us all. Okay, let's get straight to today's GBP/USD analysis. Looking at the daily timeframe, the GBP/USD uptrend remains intact, although momentum is starting to slow. This is evident from the price movement, which has fluctuated within a relatively limited range over the past few days, around 1,344–1,350. Nevertheless, the price has managed to maintain its position above the middle Bollinger Band and the 50-day moving average (EMA), thus maintaining a fairly valid bullish indication. As long as the price remains above these two areas, upside opportunities remain open, with the next target located around the supply area of 1,355. In terms of momentum, the MACD also remains positive, as it is above the signal line and the zero line. This situation indicates that market sentiment remains bullish. Furthermore, if we move down to the H4 timeframe, the still-ascending Bollinger Bands and the price position above the middle BB and 50 EMA further reinforce the indication that the short-term trend remains bullish. Therefore, a buy option remains the more appropriate choice, given the current trend direction. However, it's important to note that the MACD on the H4 timeframe is still trending sideways. Several times, the MACD has been seen crossing above and below the signal line. If a break above the signal line occurs and momentum strengthens again, this could provide further confirmation of a potential rally towards 1,355. For entry, 1,348 is a key level, having previously acted as resistance and then been successfully broken. Technically, this area has the potential to transition to support. Furthermore, the next support level around 1,344 could also be considered if the price pulls back. Conclusion Overall, the GBP/USD trend remains bullish. I prefer to look for buy-on-dips opportunities in the 1,344–1,348 area, with a stop-loss at 1,340 and a profit target around 1,355. However, it's important to pay attention to momentum and price action confirmation before entering to effectively manage risk. Sekian jurnal trading saya untuk hari ini. Semoga analisa ini bisa menjadi tambahan referensi dan bahan diskusi. Jangan lupa tetap disiplin terhadap trading plan dan manajemen risiko. Sampai jumpa di jurnal trading selanjutnya. Salam profit dan semoga trading kita semakin konsisten!